Real Estate Developers Switch To Affordable Housing Projects

February 14, 2010
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To make up for lost time, premiere real estate developers are starting on new housing projects.  The overwhelming response of customers for affordable homes causes developers from Pan India to design housing projects of over 60 million square feet.

According to market analysts, Unitech is leading the race for new housing projects with 27 million square feet, followed by DLF with 15 million square feet and Purayankara and HDL with 6 to 9 and 8 million square feet.

Ninety percent of these housing projects are centered on affordable housing for middle income groups.  The pioneer housing developers have moved into the affordable…

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Filed Under: Construction, Real Estate, Real Estate Investing

FHA Loosens Policy

February 3, 2010
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According to investors, there may be potential complications about the loosening of rules on property “flips”.  The recent change done by the Obama administration allows investors to resell houses and rehabbed them in less than 90 days to buyers using low-down payment FHA mortgage financing.

Although the change in policy is welcomed by most investors, complications may still arise like the 20% cap on the difference between an investors acquisition cost of a foreclosure and the price paid by the new buyer. If the price gains reach more than 20%, the price should be justified through documents stating the improvements done…

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Filed Under: Construction, Loans, Mortgage, Real Estate Investing

Factors to Keep in Mind in Building and Designing Your Home

January 3, 2010
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Designing a home and building it is not an easy task, this is an extensive process. One needs a lot of planning and thinking along with good amount of time and effort. To achieve success, take a quick look on some pre-requisites to keep in mind in designing homes.

Location

This is by far the most important part of construction. You will have to find the best location to put up construction. When you purchase land for construction purposes, ensure you have all the necessary legal papers for the property. When you have the papers handy, get them verified by your real…

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Filed Under: Construction, Real Estate, Real Estate Investing

Home Construction Rebounds from a 6-Month Low

December 21, 2009
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According to a government report issued on Wednesday, home building rebounded form a six-month low in November with improvement in new home reconstruction in all sections of the nation.

Construction of new homes rose to an annual rate of 574,000 during the month, 8.9% above the revised October rate of 527,000. The gain is a hopeful sign that the housing recovery is continuing, a development viewed as critical to lifting the overall economy out of recession.

Meanwhile, applications for new building permits were also up, rising 6 percent to an annual rate of 584,000 units, a stronger showing than economists predicted.

…

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Filed Under: Construction, Foreclosures, Real Estate, Real Estate Investing

A Starter’s Guide in Rehabbing Homes

December 10, 2009
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A great number of people are now venturing into real estate. If you are one of those who have decided to do rehabbing on houses. Here are a few tried-and-tested tips on how you can start.

1. Know the property that you are about to buy. Avoid looking for a lot of potential houses all over town, instead, focus only in one specific area and get yourself familiar with its real estate value. Determine which properties will sell fast. It is also important that you find out which features are very important to buyers. Getting to know the average costs for…

Prevent Erosion with Retaining Walls

December 9, 2009
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Retaining walls are a great solution to prevent erosion of the soil around your property. Let’s take a look at how retaining wall helps in preventing erosion and keeping your property safe.

Correcting Uneven Topography

These walls allow the land to be leveled, which results in reduced erosion caused by gravity, wind and rain. Retaining walls also prevent cracks and the uneven settlement of the land, which is caused by the changing weather and temperatures. The wall enables the land and the uneven areas to be cultivated and level so buildings or even other structures can be placed on top of it.…

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Filed Under: Construction, Real Estate, Real Estate Investing

Home Repairs to Boost Selling Profit

October 30, 2009
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Before selling a house, owners think of ways to repair certain parts of the home to enhance its selling price, but do owners know which fix will bring the money in? Specific answers to this often-asked question largely depend on a variety of factors such as:

* Time of year
* Location of the home
* Market temperature
* Competing inventory

There are general guidelines that apply to most homes when repairing it before selling.

1. Flooring Fixes

* Hardwood Floors

If your home has hardwood floors, that’s what buyers want, and it would pay to have the carpeting removed and the floors refinished.

* Carpeting

If your floor is…

The Emotional Issues of Buying or Renting

October 6, 2009
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When making the decision either to rent or buy a place to live, there are two broad categories of factors that must be considered. The first and most obvious category represents the financial aspects of your decision. The second category is a set of personal and emotional factors, which are more intangible but play an important role in the decision to rent or buy.

Here, let’s focus on the emotional factors and personal preferences, which are based on your personality, abilities and values that collectively determine the impact of your decision on your quality of life.

Environment: City versus Suburbs

The environment you…

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Filed Under: Condominiums, Construction, Loans, Mortgage, Real Estate

Flipping Houses Tips

September 23, 2009
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Real estate investing may have crossed your mind one time or another due to its benefits but before anything else, it would be important for you to research and realize the potential investments that are available in the market, if you want to enter this world. Everything in the world of real estate business revolves around getting information regarding the market and realizing the potential investments available in the market that can be utilized during the process of business.

The surprising fact is that real estate is the only place where you would be able to get both short term and…

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Filed Under: Construction, Real Estate, Real Estate Investing

House-Wholesaling Tips

September 14, 2009
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Are you interested with earning money through real estate? How about being more creative? Earning money through creative real estate investing?

If you answered YES to these almost-similar-questions, then the wholesaling of houses can be a good option to make money through real estate for you.

Wholesaling houses can be quite simple if you know the various aspects of wholesaling process. You will just have to keep many tips in mind, know what’s to be and not to be done.

Look at these words in your ears below as to how you can become a successful wholesaler of houses:

1. If you want to…

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Filed Under: Condominiums, Construction, Real Estate, Real Estate Marketing
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