Wednesday, March 10, 2010

REAL ESTATE FIRMS GAME FOR SPORTS-THEMED COMPLEXES

The model offers homes with sports facilities like race tracks. Real estate projects with "sports" as theme appear to be catching on with Indian developers. Under this model, borrowed from the West, companies offer homes surrounded by sports facilities like race tracks, cricket stadium and lawn tennis courts. And, the pricing is fairly competitive. Jaypee Sports City, coming up in Greater Noida on 2,500 acres, is one such project. The city, being built by Jaypee Greens, boasts a cricket stadium, a go-karting facility and an international standard motor race track, covering 875 acres. While the company has earmarked 700 acres for residential development and 300 acres for commercial and institutional development, the remaining 625 acres will just have greenery. Launched in November last year, the company claims that it has seen good traction. Around 70 per cent residential plots and 50 per cent apartments have been sold.
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"Jaypee Sports City has been conceptualized as an integrated city, where one gets everything that he dreams of in his neighbourhood," said Manu Goswamy, head, sales & marketing, Jaypee Greens. "Jaypee Sports City is a huge project which will be developed in various phases. It is difficult to give the finishing date. We will be able to start the delivery of the first phase (launched inventory) from 2011." The residential plots are 153-538 sq yard each and priced at Rs 18,000 per sq yard. While 850-1,800 sq ft (high-rise apartments) flats will be priced at Rs 2,450 per sq ft, 1,600-2,100 sq ft (low-rise apartments) houses will be sold at Rs 2,850 per sq ft. Emaar-MGF, a real estate major, is also building 1,168 apartments (34 towers) in Commonwealth Games Village in New Delhi. "We have been awarded the work for development of the 27.2-acre residential complex, part of the over 100-acre Commonwealth Games Village 2010 complex. This is one of the most prestigious projects being undertaken by the company," said a company spokesperson. Another sports project is "US Open Apartments" in Mulund, Mumbai. The project, being build by Nirmal Lifestyle, will have amenities like spa, a fitness centre, sports clubs, lawn tennis courts, a baseball court, a swimming pool, and badminton courts, over 75,000 sq ft out of the 5,00,000 sq ft that will be developed. The company has tied up with US Open for this project. "We wanted to bring the concept of health and fitness into the country. Today, many parents want their kids to be sportspersons and if we offer them different stadiums in the complex, the project becomes appealing to them," said Dharmesh Jain, chairman and managing director, Nirmal Lifestyle. The US Open apartments will have two- to five-bedroom houses and the project is likely to be completed in the next four years. "We have seen a lot of enquiries from customers and we expect it to be a successful venture.
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" Nitesh Estate of Bangalore has built a series of sports-themed residential complexes - Nitesh Wimbledon Park, Nitesh Flushing Meadows, Nitesh Roland Garros and Nitesh Wimbledon Gardens. According to real estate consultants, there is a market for residential and commercial complexes based on the sports theme. Courtesy:- BS dt:- 21-feb-2010 For more information regarding apartment in Mumbai, bedroom apartments, buy property in India, commercial complex in India, commercial real estate, commercial space in Mumbai, dealers, flats for sale, Indian real estate investment, investment options in real estate, luxurious flats, malls, office space, office space in Mumbai, online real estate, penthouses Mumbai, plots, property consultants, property in Mumbai, property India, property investment, real estate company, real estate developer, real estate Mumbai, real estate in India, real estate investment strategies, real estate market, real estate news, real estate portals, realtors, realty, residence, residential real estate, sell property, shop, villas, Residential Apartment
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Cheap Distressed Homes for Sale: Smart Buying

Cheap distressed homes for sale offer many great benefits. People who could not afford to buy a regular home are given opportunity to own one through affordable foreclosure homes. Most foreclosed properties come at tremendous discounts, with some more than 50 percent off their actual market value. But as with other good deals, buying foreclosure homes has also a downside. However, you can avoid making mistakes that may result to profound losses if you take time to know the market and the process involved in buying cheap distressed homes for sale. dallas homes for sale Property Inspection: A smart buyer knows when it is important to exercise due diligence. And one of these cases is when choosing a foreclosed property to buy. Get the foreclosed home inspected before making an offer for it. dallas homes for sale A professional home inspector would be able to inform you about the home's structural condition and problems that could result to expensive repairs in the future. You can use this knowledge to bargain for a lower price. Home Appraisal: Have the foreclosed house professionally appraised to know its fair market value in the event that you decide to sell it in the future. This is one way to protect your investment. Knowing the fair market price of a property would help you determine the amount you would be willing to pay for to allow you to profit in the future if you sell the property. Arranging Your Finance: Strengthen your bargaining power by arranging your finances as you pursue a foreclosed dallas homes for sale. If you have your finances in order, you can use this as a bargaining tool to convince sellers to give you a big discount. Do not let the opportunities provided by cheap distressed homes for sale go into the drain. Exercise due diligence by having your home inspected and appraised before you make an offer for a property that interest you.
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Tuesday, February 9, 2010

Buying a Home - You Get What You Need With Albany Realty Group

Searching for a home can be an exciting, hope-filled, stressful, & uncertain experience, all simultaneously. To help alleviate a quantity of this stress & uncertainty, it is suggested that you generate a "Wants & Needs" assessment. It may sound simple, & it is, but it can save you a great deal of time in narrowing down homes to inquire in to & preview. Walking through homes that have everything you are looking for, except that extra bedroom, extra bathroom, full basement or other component you cannot live without, can be a frustrating experience. No need to fear! Gather your relatives, get comfortable, & start your assessment. Basically list items which are "must haves" as your NEEDS, & items you would "like to have" as your WANTS. This exercise will force you to take a more in-depth look in to two of the most important purchase decisions of your life. It will also help to keep things realistic. If you have a $150,000 limit to purchase a home, but you think you need a 10,000 square foot mansion with gourmet kitchen, gym, indoor swimming pool, tennis court, & manicured gardens in Beverly Hills, you may need to reconsider your needs or play the lottery. OK, that example is extreme, but I think you get the point. Take a realistic & honest approach to what you need. Two time you start searching for homes that meet your needs, any additional "wants" will be an added bonus, & may help you to pick on two home over another. dallas homes for sale

Lots of real estate professionals think about price, promotion, & condition are the most important controllable factors affecting the Albany Homes For Sale, with price being the most important of them all. If you think about it, much anything will sell if it is priced right. An elderly non-classic beat up automobile would probably not attract lots of buyers at an asking price of $10,000, but at $500, fixer-upper buyers suddenly appear willing & able to purchase the vehicle. Market value of real estate is determined by what willing buyers will pay within a reasonable time period. How do you decide the market value of your home? The most common method used is the Comparative Market Analysis, also known as a "CMA". The CMA document will include comparable properties that closely match your property's characteristics & location, which are currently for sale or have recently sold. The purpose of the analysis is to arrive at an estimated fair market value, or the price at which a home will sell within a reasonable amount of time. Major factors that affect the value of a home include location, competition, market timing, & condition. Most real estate agents will be over happy to prepare a CMA for you free, & you may need to request an analysis from over two agent. A professional appraiser can also be employed to decide home value. An appraiser can be helpful where there's no comparables that closely match your property's characteristics & location.

Buyers, on the other hand, are often left with a limited number of choices. This is on account of the fact that most of the homes that the early settlers had built are located close to the road or lack proper planning that is characteristic of modern day construction. So even if you are willing to pay a lump sum, you may not finish up getting a house that would match all your requirements. dallas homes for sale

A Quick Guide to Buying Your First Home

If you are a first time buyer then there are a few things you should know before you enter the world of real estate.

A good place to begin is by learning what all those confusing terms mean. You probably know what a mortgage is, but there are plenty of different types of loan and lender which you should compare, and there are many different figures that will be thrown at you when you begin to investigate the possibilities. Before you start looking for your new home and thinking about how you are going to pay for it, it is a good idea to read up on some of these terms so that you will know what your mortgage lender and real estate agent are talking about. It will also help you to decide how you want to arrange your finances. Chances are you're going to be paying for your house over a long period of time, so you want to make sure that you will be doing it in the best possible way. dallas homes for sale

Get as much advice as you can about your finances. It is a good idea to look over your current financial situation before you try to get a home loan. You may want to improve your credit rating first, for example by getting rid of some of your old loans. It is also a good idea to buy at a time when you are in a stable job and have not recently made any major purchases. This will make you look like a much more reliable borrower. You can get a copy of your credit report to check that there are no mistakes, which could be bringing your score down.

Once you understand both your own finances and the world of mortgages and home loans, you are ready to work out how much you can afford to spend on your new home. You should consider how much you are likely to be able to borrow, what size deposit you are going to be able to make, and how much you will be able to repay each month. This means taking into consideration your earnings and other expenses. The last thing you want to do is buy a house you will not be able to pay for, even if the bank wants to lend you the money. dallas homes for sale

As a first time buyer you will probably be able to move into your new home quickly, unlike those potential buyers who need to wait to sell their old home before they can close the deal. You can use this to your advantage, as sellers who want a quick sale may be prefer to sell to you, or may be willing to take a slightly lower offer in return for a speedy sale. You can also improve your chances by getting pre-approved for a mortgage, even before you have picked out a house. This will show sellers that you are serious, and that you are a dependable choice.

Don't be afraid to negotiate over the price. You are not obliged to pay what the seller is asking for, even if you can afford to. Take a look at what similar houses have been selling for in the neighborhood, consider any repairs that you will have to make if you get the house, and offer something a little bit low. This will leave you room to raise your offer, perhaps in return for the current owner getting some work done on the property, or to negotiate inclusion of some of the fixtures and fittings. dallas homes for sale

Friday, October 30, 2009

Friends in High Places

You have friends in High Places
The Saints have been speaking to us, vulnerably sharing their stories, to help us walk our path to the Father. We pray they have touched you, as they have us. Some of the Saints we have written about, we had to write about them. We felt a persistent gnawing inside to share their stories, their lives.
We have spent almost a lifetime studying about the glories of our Church. We have gone on Pilgrimage at least once a year since 1976, and sometimes three or four times a year. And it has been a glorious journey of faith. We always tell young couples planning to marry, "First you have to meet the family; because your love is part of a whole. Her/his life began centuries ago, with their families who are here and have gone before." And so it is with us Catholic Christians. Our family dates back to the time of Jesus our Brother and Mary our Mother. As one travels through our history, they will surely find our cousins, the Saints who have gone before us, making our spiritual life what it is today. They fought the good fight and we have a Church today!
We have had a love affair with Mother Church and all her children for the past thirty years, and it has grown to such a degree, we hunger to meet more and more of our ancestors, the Saints. Over the past thirty years, we have lived from pilgrimage to pilgrimage, studying, preparing, journeying to lands across the seas to our heritage. Once we began our journey, one journey grew into another and then another; and we were hooked.
At one point in our lives, Penny and I were driving down to San Diego, California, to call on some accounts, back when we were still in the world. It was a long drive, over three hours, and we usually spent the time praying the Rosary. However, on this one day, I was somewhat concerned. All of our friends in Westlake Village were buying up real estate in Southern California. It was a good investment. We didn't have any money to do that, because we spent most of what we had, each year, going on pilgrimage.
I remember saying to Penny, "You know, honey, we're not putting anything away for a nest egg for ourselves, or for our grandson. What are we leaving him?" She didn't answer me. But that night, after we had finished calling on our accounts, I turned to Penny, "I know what we're giving our grandson, as well as us and our Church. We're giving him heritage. These Saints, whose lives we study, they're our family. They're our brothers and sisters in Faith. These are Role Models, whom he can fall back on."
Super Saints
Going down memory lane, I recall how we came about coining the phrase "Super Saints." It began with our teaching First Holy Communion Class at our parish in 1975. One day I got the idea to tell the little ones a story each week on the Saint whose Feast Day it was. We took the "S" of the Superman symbol, and added another big S to it, and wrote it on the blackboard. Then we proceeded to tell the little people stories of the Saints. We never thought they paid any attention to us or the stories. They always seemed like they were not there with us. But then at Parents Nights, their parents would tell us how the children had shared with them about St. Michael, or St. Francis or St. Anthony or one of the many Saints we had researched.
The Super Saints had gone over big with the little people! And now, almost thirty years later, that is the title and concept of our most popular television series on EWTN, Super Saints.
We want to end article book by sharing with you how important our family - the Saints, are to you and to me. You are possibly just now beginning to realize how fortunate you and we are to be Catholic, to have these brothers and sisters, not only to fall back on as Role Models, but to tell your children about. They want to be part of your life! They want you to consider them as family, your family. There is no situation in your lives that you may encounter, no problem, that you can't dig into this collection of relatives the Lord has given you, and find one to whom you can relate your problem, and nine times out of ten, help you to resolve the problem.
Everyone needs a hero! There are a whole series of Hero Saints for boys and girls. There are Saints to help you with their studies, through a rough exam. There are Saints who can help them with Chastity, with that rough time of growing up.
We are all called to become Saints! There are Saints for married couples, to model your relationship after. There are even Saints to help you find the right husband or wife, or vocation. We have Saints whom we can petition Jesus to intercede with the Father for conception and delivery of children. There are even Saints to help us find lost objects and lost souls.
For us, the most exciting part of our lives is to be able to go to the places of the Saints, to relive their lives, to get inside of them, and feel their spirits. The second most exciting part of our lives is to be able to bring the marvels of these beautiful brothers and sisters in Christ back to you, so that you too, can share a little of their lives in your life. They are there for us; they are waiting for us. We can ask for their help. They know how to get to Jesus. Remember, they are His very best friends. You know how people ask for your intercessory prayer for any number of petitions they may have? And you pray for them? Just think about asking someone who is right up there with Jesus and Mary, in the in-club. Make use of the power the Lord has given to the Saints. Remember, you truly have friends in High Places. God bless you. We love you! dallas real estate

LOSS MITIGATION PART 1 BANKS OVERWHELMED

Before the spring of 2009, there was no standard set of rules for loan modifications in the United States or in Phoenix, Arizona. Each lender in Phoenix, AZ had its own rules as to how they wanted to handle loan modifications. In most situations, the loss mitigation through loan modification process heavily favored the banks. Their main concern was to find a way to recover the money that a home owner was behind in payments. Generally, the banks would either increase the monthly payment or extend the term of the payments so that those late payments would just be paid off at the end of a loan. Usually, when the loss mitigation through loan modification process called for increased payments, the foreclosure of a property was only delayed by a few months, because there was no way that they could make a higher payment. A new program, announced in the spring of 2009 by the Obama administration has changed the loss mitigation through loan modification process. The guidelines for loss mitigation through loan modification have changed. This program mandated that mortgage payments be reduced to just thirty one percent of the home owner's income. For many Americans, this meant that they could once again afford to pay their mortgage payments. The loss mitigation through loan modification process, appeared to be a great helping hand. However, the program only covers mortgages through Fannie Mae, Freddie Mac and the FHA, but it is widely thought that most other lenders will choose to follow the guidelines for loss mitigation through loan modification as laid out by the Obama Administration. The Making Home Affordable Modification Program has placed the focus right on loss mitigation through loan modification. Many in danger of losing their homes to foreclosure didn't even know what loan modification was. Since the program's inception, there have been scores of people flooding into banks to request loss mitigation through loan modification. With all of these people facing the time crunch to avoid foreclosure, this has placed the burden of a national housing crisis squarely on the backs of the Loss Mitigation Department at your bank and every bank. Before the housing crisis and the crash of the dallas real estate market, foreclosures were not very common. Most lenders and mortgage providers kept a staff of just a few people to handle loss mitigation. Foreclosures were not very common and loan modifications were even less common. However, the times have certainly changed. Banks and lenders have increased the size of their loss mitigation departments exponentially. This has meant thousands of people needed to be trained to work with loan modifications and all of the other tasks that fall to the loss mitigation department at a lending institution. There are horror stories abound regarding customers having to hound and hassle Loss Mitigation Departments to get their paperwork pushed through to avoid foreclosure. Loss Mitigation Departments are currently still understaffed, under experienced, and overworked. Read Part 2 of our Loss Mitigation Report to Find a Better Solution to avoiding foreclosure. dallas real estate