Foreign buyers are being lured to U.S. real estate because they consider it to have bargain prices, economic stability and a "safe haven for investors," 24/7 Wall St. reports. Interest in U.S. real estate from international buyers in 10 countries has soared since 2009 by 95 percent or more. In nine of those countries, the interest has at least doubled, according to data from RealtyTrac. "The U.S. real estate market is coming off of a rough patch and entering recovery mode,"...
In today's competitive markets, your sellers and buyers need your superb negotiating skills. NAR found consumers rated negotiation skills one of the top 5 reasons to choose an agent. Here are my top 10 strategies for success with your negotiations: 1. PREPARE: Research what is important to the other party. If you know the other person's needs and objectives, you are able to offer some ways that will result in a win/win. Think through your own options and determine your...
• The figure of 1031 was created by the IRS (Internal Revenue Service) to defer tax profit (capital gain tax). • With the figure of "1031 Exchange" and following some simple rules, the investor can defer taxes when purchasing a new property and not pay anything for profit. This is a legal action where there is no tax evasion. • When the property is sold, by law he has 45 days to select a new one. The IRS is strict with compliance on this term. • If pa...
The most extensive pre-construction Townhouse database in Miami, Fort Lauderdale and Palm Beach areas at www.Askgrand.com Townhouse is a medium-density type of dwelling where property has separate entrance from the street and sometime even private back yard, but still has neighboring units on its sides (share at least one external wall with them). Townhouses are typically two or more floors up (even 5-storey townhomes are pretty common too). It’s a h...
Technology plays a huge role in our lives today. Whether it's smartphones, tablets, computers or some other kind of cutting edge technology, we are certainly living in a time where there's a gadget or gizmo for everything, and our homes are no different. With all this new tech available, we now have the ability to make our homes into "Smart Homes." But what exactly is a Smart Home? You might have heard this term bounced around in recent years, and maybe more so recently. Sma...