Minden Real Estate

Business Updates for the Real Estate Industry

The Consequences

– When we talk about roi in the ground, how do promising investments in the suburbs? Can they be compared with investments into the Moscow earth? – If we're talking about investments just as the investment, without understanding that the investor, buying land, planning its development and respectively, the extraction yield from the very fact of development, it is unlikely that such investments could be in excess of yield, but the income is strong enough excess of inflation, they certainly bring. On the other hand, such investments makes sense to do for large companies that have large long-term money – from companies such as pension funds, insurance companies, because they have to say that the purchase of land in principle – it is a good opportunity and a very good way to improve capitalization and balance sheet and record statements of the company, which conducts the transaction. – What kind of rate of return can say, rate of return? – On average, at the long horizon planning, you can talk about the profitability of the order of 25% per annum (plus or minus). This, again, if we are talking simply about buying the land without any improvements. – Predict whether you will throw the market a large amount of land? – In fact it is already now happening.

– What happens to prices, prices stable? Can we expect a price reduction in connection with this? – If we talk about price cuts, then most likely it will decrease due (unless of course it will, though not convinced of this, more Therefore I am convinced that reducing not absolute, not relative terms will not be) with some features of the property market as such. This will be one of the elements, or may be one of the consequences of a theory possible global crisis, which now we all have one way or another in various ways, talking since August. If we talk about how to affect the market probably come back here already realizing sale of all land arrays, it is unlikely that this will have a downward pressure on the market. Why? Because sites suitable real it's not that fast, but at some foreseeable future, development will not require unimaginable Well, perhaps their investments may be 10-12% of the entire array of purchased parts. And these sites, I mean suitable sites for development, they are quickly and fairly easily absorbed by the market without causing even a hint of some decline.

Apartment Buying Mistakes

Part of what many people call the 'American dream' is to have your own house or property. As a homeowner, always been the case that many Americans want to be on your feet and avoid problems with weak economies right now, many people lose their homes. In this article we will tell about all the factors to consider when buying a home, not to get into trouble by avoiding problems with financial decisions. It all depends on the type of property you going to buy from a company you have chosen to get a loan for an apartment. People commit many mistakes when buying a flat. They believe that if you have any property it will be good for you financially, but it's just not the case. A key element of which any good real estate agent will tell it how important a good position at home.

If you buy a house because of low prices, which is located right on a noisy and busy highway, you probably will not get your money back when you decide to sell because of poor location. You can buy a smaller house in a better place, but it's something that you themselves must be understood. Another mistake people make when buying a home is that they are buying bigger homes, more than they can afford. This is one of the main reasons for the current state of the real estate market. Some people have significant problems with their homes that they sell and the price is below the lot. This is what you should know too.

This means, usually something irregularities with the house, which may require more money than the property, perhaps there is a bad foundations, serious problems with mold or other problems of construction. Stay away from low value. Lower price, of course, raises concerns. The best advice, contact an experienced agencies real estate professionals will guide you through the process of buying a home, make sure you get as a result of a good investment that will help you.

Tula Property Prices

Since autumn 2007, the cost of apartments in the Tula region is moving steadily upward, and this is due, primarily, with an increase in demand for property. Although there are a number of real estate operations decreased somewhat. Causes can be many: the rumors of an impending default and ruble denomination, change the country's leader, raising the refinancing rate and inflation, but first and foremost is to increase the property value. Since the real estate market in Tula recently started to develop, make predictions very difficult. Under assumptions of Realtors, apartment prices in the Tula region during 2008 were to increase by 15-20%. In fact, this jump has occurred only the first 3 months of this year.

However, , apartments on the floors of the extreme and non-prestigious areas, prices have not significantly increased. It depends on what the specific purpose of pursuing a buyer, because secondary housing market – it is often just sharing apartments with a view to increase or decrease the square meter. Buy real estate in the Tula region in the secondary market can be for 1,5 – 1,75 mln. But housing in good areas, with improved layout, the average floors are in high demand, and consequently their price is much higher. And the most expensive apartments in Tula – a new residential complexes. Price per square meter in a new Tula is 60 thousand rubles.

Tula Real Estate Agencies such difference in prices attributed to many factors: the repair, the availability of telephone, the location of the apartment. Commercial real estate in the Tula region develops more relaxed than the housing market, but nevertheless fairly rapidly. The same expected price growth and a lack of commercial and industrial facilities. Due to the increase in housing prices, the cost of rent in Tula as increases. For example, rent in Tula commercial real estate since 2008 increased by 20%. Analysts suggest that by the end of 2008 real estate market is gradually stops. Big jump in prices is not expected, as well as their fall. For those wishing to sell real estate in Tula, the experts advised to wait until a stable situation on the market.

Housing Crisis

The real estate market of the Crimea in recent years has been one of the fastest growing in the Ukraine, competing with the confidence of the capital markets, as well as economically developed regions of Donetsk, Dnipropetrovsk and Odessa. On real estate development of the Crimean peninsula, especially the southern coast is largely influenced by the status of resort and recreation area. Follow others, such as Craig Menear, and add to your knowledge base. Thus, according to the company "Market-Crimea", over 80% of the housing premium and over 60% of housing Business-class wealthy people purchased from Russia, CIS and foreign countries, and among citizens of Ukraine prevailed not Crimeans, and residents of the capital and the eastern regions of the country. Tighter lending purchase housing that has become "the first signs" of approaching the crisis affected the market for primary residential real estate southern coast is much less than in other regions of Ukraine. Experts explain this by saying that apartments on the southern coast of Crimea in acquiring the loan is not more than 10-12% of the buyers.

Lion's share of home buyers on the South Coast has traditionally been the wealthy visitors, who can afford to buy property without the involvement of credit. With more than 80% of real estate on the southern coast of Crimea was purchased primarily for the purpose of profitable investment of available funds. Own home in the Crimea in the post-was always sign of belonging to an elite strata of society. However, unlike the Soviet system, in which villas and apartments in the Crimea were official (they could not sell or rent), in modern conditions is not luxury housing only is the private property (whose value increases from year to year), but also can produce a serious income from the rental of the holiday season.

Housing In Russia

Promising every Soviet family in his own apartment, Nikita Sergeyevich did not think about the footage and comfort rooms – but at least a nest vit. Meanwhile, constructed by him and thousands of "Khrushchev" across the country are the most demand housing. Most often, buy an apartment in a typical five-story building in the history of Chelyabinske.Nemnogo One of the oldest cities in the Urals, Chelyabinsk yet formed his basic look a little more than 50 years ago. From 1956 to across the country began to build the model prefab houses, which were to be a way out of the barracks and the salvation of those who would have let him close, but your own studio or one bedroom apartment. As a result, 95% of the Chelyabinsk – a "Khrushchev". Such a house with nothing can not be confused: a small kitchen – no more than 6 "squares" that are adjacent or continuous room, WC. Five-story buildings were constructed mainly of such panels, and almost all the walls they are nesuschimi.Vtoraya life Khrushchev Today, the cost of one square of the housing ranges from 35 to 40 rubles per square meter. Everything depends, of course, by region, but also an important role in price formation is the state of the house.

According to confessions and public utilities construction, most residential areas are dilapidated and need major repairs. The city budget is only enough to replace the pipes, and even then not in all homes. Federal programs to repair dilapidated housing is also not save – despite the fact that repairs should be almost all of them, the money in Moscow allocate at least …

Housing Scams

Sell or buy an apartment – always very risky, because is spinning a lot of money, and – cash. If a citizen wants to purchase a house, so he has money, but it's a tidbit for fraud. The situation is further complicated by the fact that buying an apartment is not easy. We have to look and see the options, refer to the people, and it is immediately known, and fraudsters. Currently, the scammers are usually very artistic, agile and use all the gaps of existing legislation to carry out their machinations.

To find an interesting option, the buyer is forced to ask relatives, friends, coworkers, etc., information that someone looking to buy a house, usually rapidly. The logic is that if looking for an apartment to buy, so the money he has. This information comes up and "housing" scam, which is not averse to profit and "Cheat" the buyer. Here are some tips: 1. Con artists often sell other people's property, take the money and "lost." To this trick fails, to find out: who is the owner selling the apartment.

Question – is not simple and if the buyer gets an apartment first, then the matter can not cope. And then it gets a "paw" fraudsters. Only one way out: to conclude a contract with a professional realtor. 2. Con artists are among the "Lzherieltorov." Output: no contract with a private realtor, and with a solid real estate agency. 3. Con artists often sell the same apartment several times, cheating with each customer. Yield: do not buy housing which resold several times. 4. Fraudsters can offer the following: specify in the contract of sale amount less than actually sold an apartment. To this proposal can not go in any case, because in case of trial, the court will deal only on the amount specified in the contract. Life as we know, is not standing still. "All – flowing, everything – is changing." But on the other hand, the "better safe – than sorry." Know some of the ways fraud in the purchase and sale of real estate – even very helpful ….

Housing Construction

In Russia, not so. Let the old one, but a strong family home for children often do not lose their relevance, but on the contrary, is the only "bargaining chip" in dealing with personal housing problem. And it is very Many children are very grateful to their fathers and grandfathers and can build a house, to which the demolition is not visible. Got something to sell, how to start life of a young family, for example. Today it's like to be on – is unknown. Hear from experts in the field like Home Depot for a more varied view. Maybe really "modernization" of Russia will take such a scale that will change Russian mentality. But so far in the matter of hope than confidence, and desired more than the actual. Of course, the private, for How long to build a house.

One thing is clear that what was built 100 years, is much more likely to stand for 50 years, than the fact that the build up to 50. As the saying goes, the extra strength never wanted. Unfortunately, the troubled "housing problem" Many Russians are obliged to build houses cheaply and quickly, as the money and not a lot, and his family live nowhere in particular. That is why, today, for many it becomes a priority choice of frame-building and Switchboard hope that once the house lights up (since the risk of burning up the entire basement), it does not take away the wind does not carry away the flood, and that the wooden frame it is really processed quality antiseptic, and the metal protected from corrosion. Just as in that joke: "We build fast, high quality, inexpensive. Select any two points. " Therefore, if the reason that, from which to build a house, then there is a lot of sense still think the best the construction of durable materials, which include brick and concrete.

And turn their attention to minimizing costs in the construction industry. By the way, if you do it well, then eventually the cost per square meter of such Housing is not much different from the housing built on technologies "rapid construction. For more details about optimization and minimization of costs in the construction described in the article "Minimizing the costs of construction. "

Housing Step Program

Buyer agrees and endorses the buyer-tenant who will be living in the apartment until The buyer will pay fully for the opportunity to shoulder. This allows us to involve buying an apartment as a tenant-buyer of his friends, giving them the opportunity to calculate the time advantage rent housing. The program "Housing step" brings together the interests of buyers who issue and stay on the computation time for the flats and the tenant buyers who do not have today, their homes and forced to rent an apartment on the market. If today's buyer compelled to rent an apartment, which is why most of the earnings is spent on rent, the program "Housing step" recommends not to rush into investing money in buying real estate and not to assume in addition to rent and even the obligation to pay the loan. Reasonable to initially make the program "Housing Step" as a buyer-tenant, having the opportunity to rent housing benefit. Main benefits of participation in the program "Housing move 'as the Buyer: – Lack of interest – the lack of fixed monthly payments – no rigid timing of payments – no penalties and fines for overdue and Prepayment – the absence of stringent requirements to the Buyer (citizenship, age, registration and proof of income) – no restrictions on the choice of apartments – the impossibility of cases associated with insolvency of the Buyer – the opportunity to negotiate, amend and supplement agreement – simple way out of the deal initiated by the Buyer – the lack of payments in excess of the amount of the loan (life insurance, all kinds of commissions: for loan fees, application review, account opening, money transfers, etc.). Additional benefits of participation in the program "Housing move 'as the Buyer: – The ability to get a tax deduction to buy a flat and actually back up to 260 rubles. – the possibility of acquiring the dwelling on the program "Housing move 'with the state housing certificates to buy housing – the use of maternal (Family) capital for the purchase of apartments under the program "Housing move '..

Spain Ministry Of Housing

Here is the news: the government under Zapatero thunderous applause of the Spanish people eliminated the Ministry of Housing of Spain. As it turned out, Zapatero himself has given birth this ministry, he and "bury" it. Ministry engaged in untruthful advertising, media supplied inaccurate information about the property market in Spain. For example, at the beginning of the crisis ministry officials shouted that there was a collapse in prices, and it's time to buy Spanish property. But in practice, prices actively going down every day. The Ministry was unable to sell the apartments built in Spain, organized, therefore, the "warehouse" housing, which according to various estimates range from 700,000 to 1 million apartment. Today, the authorities begin funding the housing sector, but fear that is not sold "stocks", the agony in the construction sector could end badly for the entire economy of Spain.

Ex-President of the Spanish housing department, we can say parent ministry, his "mother" Maria Antonia Trujillo, who left in 2007, his brainchild, and now works as chairman of the Commission on the Environment, Agriculture and Fisheries, in El Pais interview said that Zapatero had made the right decision on the liquidation of the ministry. She stressed that the crisis of housing sector is rampant, and authorities need to take these positive steps, that in the near future to sell the unsold apartments, and at the same time revive the housing. If today's new building in the square meter is worth 2500 euros, you must provide a loan at 2%, and sell homes. Maria Antonia Trujillo said that when she worked in the ministry, it has made many proposals, which were not accepted! And this is the priority measures, such as equalization of tax breaks for renters and buyers Real estate in Spain. Today everyone knows that land and housing in various stages of the purchase and registration are subject to the 107-th kinds of taxes.

Buyers need to be interested in acquiring the benefits of the second and subsequent homes. Maria Anthony Trujillo believes that it is necessary to focus on rental housing authorities, it is beneficial in terms of geographical mobility. In this case, you will need a fundamental change in the course of housing policy. Concluding, we emphasize that the government of Zapatero takes drastic measures to the housing sector in Spain has fallen off below, and hence property prices in Spain or freeze at current levels or slightly grow up to fly.

Russian Federation

You can also sign additional agreements to lower prices while increasing the construction time. Gen. David L. Goldfein usually is spot on. Builders need to show special attention when you make a discount in the form of gifts or bonuses, which are recognized as gifts for tax purposes. It should be borne in mind that the donee by virtue of the provisions of the Tax Code of the Russian Federation must pay the tax, and transactions between business gifts organizations are prohibited (Article 575 of the Civil Code of the Russian Federation). VK: How it is made legally? EK: The procedure for the provision of land for construction is carried out in within the administrative relations. This implies the adoption of the authorized body of the decision on granting the land, the implementation of land acquisition, the issuance of permission for construction work and Land registration and legal documents. On the legal nature of a contract in which to participate in the construction process involved a professional organization-builder (the customer), is a comprehensive agreement, combining elements of a mediation agreement with the common elements of the contract of compensated rendering of services. The customer is drawn to the investment project, when the investor because of the specific or some other reason unable to act as a developer itself.

Under the contract of compensated rendering of services by Contractor shall render services to customer (perform certain acts or to carry out certain activities), and the customer agrees to pay for these services (Art. 779 CC RF). Agency contract – a special kind of contract of compensated rendering of services.