Should I buy an apartment with a renter in place?

by on May 22nd, 2013 · No Comments
by Teri Karush Rogers Q. Is there any downside to buying an apartment with a renter in place, beyond waiting until the lease expires? Should I expect a discount off of the sales price and if so, how much? A. Much of the answer depends on whether you plan to live in the apartment yourself or rent it out as an investment, as well as on what type of tenant ...
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Real Estate Overtakes Commodities as Top Sovereign Asset

by on May 17th, 2013 · No Comments
By: Klaus Wille Real estate topped the list of sovereign wealth funds’ investments last year, overtaking commodities and financial services, according to Institutional Investor’s Sovereign Wealth Center. Properties made up 26 percent of investments by these funds last year, up from 14 percent in 2011, according to the center’s report on investment ...
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Home Buyers: What should a real estate lawyer do for you?

by on May 15th, 2013 · No Comments
Shelley White When graphic and web designer Andy Stanleigh bought a house in Oakville, Ont. last summer, he learned the value of having a real estate lawyer on call. A few days before closing, Mr. Stanleigh and his wife received a surprise letter from the vendor’s lawyer, saying that they needed to immediately pay nearly $1,100 in property taxes. ...
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Ask an Expert: My co-op needs cash. What’s the least painful way to get it?

by on May 14th, 2013 · No Comments
by Teri Karush Rogers Is your building cash-poor? Consider selling off pieces of the roof for residents to use as private outdoor spaces. Q. My co-op building has been hit hard in recent years by property taxes on top of a huge elevator replacement project. Our maintenance charges are already on the high side and we are trying to avoid another increase ...
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What are the top buyer regrets?

by on May 10th, 2013 · No Comments
Trulia’s Chief Economist reveals the findings from Trulia’ s latest consumer survey. Taking a deep dive into the top real estate regrets among American homeowners and renters, the survey found that 52% of people regret something about their current home or the process of choosing it.     READ FULL ARTICLE HERE: http://www.forbes.com/sites/trulia/2013/04/17/americas-top-real-estate-regrets/
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How to Buy and Sell a Home at the Same Time

by on May 9th, 2013 · No Comments
By Zillow Now that the real estate market is picking up again, many people are looking to sell their homes at last. But when you sell, you have to move somewhere — which usually means buying another home. Buying and selling at the same time brings up a whole new set of challenges, but those who plan well in advance can make it happen smoothly. Here ...
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How to be the buyer every seller wants to deal with

by on May 9th, 2013 · No Comments
For years, the real estate market has been a buyer’s world, with ample inventory, fewer qualified buyers, and highly motivated (read: desperate) sellers. This spring, some signs are pointing to a shift back toward a seller’s market. If you’re shopping for a home this spring and summer, chances are you’ll face increased competition from other ...
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5 Ways to Buy a House at Cheaper Price

by on May 9th, 2013 · No Comments
Developers always offer big discounts when buying flats in resale market. Now buyers may think of why developers are offering big discounts on resale flats? No, these flats do not come under old building category or flats in decades old projects. However some of these flats stayed empty since its launch and developers are giving away for discounts. ...
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Real Estate Matters: How to be a smart property investor

by on May 9th, 2013 · No Comments
By  Ilyce R. Glink and Samuel J. Tamkin Home buyers and real estate investors have been in a good mood for years, since around 2007, when the housing crisis began. And why not? Historic low interest rates and home values that have dropped off anywhere from 30 to 60 percent are a potent combination. But you know the tide is turning when home owners ...
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Focus on what’s vital

by on May 9th, 2013 · No Comments
By Gold Coast Bulletin The EPS Property Search director and best-selling author of The Insider’s Guide to Buying Real Estate said many home buyers underestimated the importance of an open home inspection and failed to prepare. “A lot of buyers just think they’ll know the right property when they see it and do very little to no preparation ...
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