Vacant Houses and Apartments Really Do Not Sell

February 22, 2010
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It has been a mistake of always thinking that a vacant house or apartment sell the fastest. Well, it does not most of the time.

According to the Real Estate Staging Association (RESA) in a 2008 survey, vacant homes that were for sale spent 131 days on the market compared with occupied homes which spent 106 days on the market.

The survey also revealed that vacant homes that were staged with furniture and decorative accessories spent 85% less time on the market than un-staged vacant homes.

Why must a vacant property be staged by a professional home stager?

There are many reasons and here are those:

-Only 10% of buyers can see beyond emptiness and…

Buying Condominiums in Today’s Real Estate Market

February 19, 2010
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Purchasing a real estate is one of the most important moves you can make toward your personal financial success. Owning your own property comes with many tax benefits. In good economic times, your home also increases in value year after year.

Purchasing a condominium always makes a good sense.

People who purchase a condominium usually want to avoid the major upkeep and maintenance usually associated with a single family house.

Research is the key to making this purchase. Begin by examining your lifestyle and priorities. Determine what is important to you. Next, you will need to know how much you can afford in monthly mortgage payments. Make a budget and evaluate how you…

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Filed Under: Condominiums, Economy Crisis, Real Estate

Important Tips in Selling Condominiums

February 15, 2010
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When selling your Miami Beach condominium, it is important to consider first the market condition. The value of your condominium is affected with the current market trend.

Here are some tips in selling your Miami Beach condominium.

Price

You need to make a careful review on the price of your Miami Beach condominium before you bring it out to the public market. Keep in mind that the price of the condominium may go up or down depending on the current market status. If condominiums are selling like hotcakes in the current local market, then you have to expect it for a higher price.

Location

If the current market in Miami Beach is good,…

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Filed Under: Condominiums, Real Estate, Real Estate Investment

Take Pleasure in Investing in Luxury Condominiums

January 20, 2010
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A lot of people are attracted to the how Miami Beach is. There are number of things people really enjoy in this wonderful city. Miami Beach has eye-catching beaches, tropical weather that is perfect for vacation and recreational and entertainment facilities that will surely complete your splendid vacation.

The city is also renowned when it comes to the real estate properties. This makes the retirees to invest on. Now, there are lots of retirees who are putting their retirement pay into investment in Miami. They are now thinking about planning in the Miami Beach real estate because of the different options that is presented to them.

One of the most sought after…

Beach Condominium a Good Source of Income

January 12, 2010
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Proper planning is what you need to achieve success in investing. It is very significant that you have to make your plans in investing so that you will be able to end up successful.

You must have your plans in details so that you will avoid missing some important details. It is also important that you have to give your attention and devote some of your precious time in order to succeed.

In planning it is important that you have to determine your purpose for investing such property. Miami Beach condominium is one of the best properties that you can invest in. These condominium units can be your long-term investment, rental property…

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Filed Under: Condominiums, Manhattan Real Estate, Real Estate

Facts in Buying Condominiums

January 4, 2010
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Are you planning to own your own piece of haven? Are you opting for a condominium?

Here are some facts in buying condominiums:

Common Property:

Limited common property is owned by everyone in the building and typically includes areas such as: lobby, facilities, parking (with the exception of individual stalls), hallways, elevators etc. Basically common property is anything outside of your suite. Some common buildings may include windows and pipes as common property. Common property is often maintained by a property manager or condo board and is financed by condo fees.

Condominium Fees:

Condominium fees include the maintenance of the building and common areas as well as a reserve fund (used for large upgrades or…

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Filed Under: Condominiums, Mortgages, Real Estate, Real Estate Investment

Thousands Of Condominium Units Remain Vacant In Downtown Miami

November 12, 2009
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Are you thinking of buying a condominium unit in Miami? We all know that it’s actually a great place to live in especially with the countless amenities that its location offers. Aside from this, the prices for these units are very low which make it much more affordable for the market. But have you ever asked yourself why they are offering these as such?

The residences in downtown Miami offers great views of bay, ocean, and other sceneries aside from its state of the art facilities such as swimming pools. But despite of these great offerings, there are still thousands of condominium units that are vacant up to now. The cause…

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Filed Under: Condominiums, Economy Crisis, Real Estate, Real Estate Investment

One-Bedroom Suite In Corktown Community Sells For $237,000

November 4, 2009
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We are featuring today this No.204 suite in Corktown community located at 96 Trinity Street, Toronto which has been on the market for around two weeks. During its first few days on the market, the agent for this suite has received multiple offers from several potential buyers.

This second floor unit is within a small brick building situated in a great location. It is also accessible to various amenities such as upscale restaurants, furniture shops, public transit, boutique shops, and galleries. This unit measures about 800 square feet and features a combined living and dining area with east facing windows and master suite with wood-burning fireplace and balcony facing west. Aside…

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Filed Under: Condominiums, Real Estate, Real Estate Investment

Buyer Offered $11,000 Above The Asking Price For A 2,200 Square Foot Loft In Carlaw Avenue

October 30, 2009
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About ten years ago, Carlaw Avenue was not really a known location for loft seekers but this year, one loft buyer has offered as much as $11,000 on top of the $669,000 asking price of this condominium unit at 326 Carlaw Avenue, Toronto.

This No. 109 unit is located within a residence in Leslieville called as iZone Lofts. The loft itself features a combined living and dining area which are lightened up by the south facing windows and skylights. This unit also includes a kitchen with stainless steel appliances and custom cabinetry, and open space with study area, den, and entry to a bathroom with laundry machines. The main floor of…

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Filed Under: Condominiums, Real Estate
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