Study: My Understanding of Houses

Why You Should Go For A Green Remodeling Project Renovating your home has a lot of benefits. When you renovate your home, you will make it more stunning and appealing and at More »

Copyright Problems for the Unwary Real Estate

Real estate lawyers take head. Waiting in the tall grass of your client’s real estate development project may be a thorny copyright issue that could cost your client all of the profit More »

Lucrative Real Estate Options

Real estate boom in India has activated many dormant areas to become super- active. Surajkund is currently going through this phase of activation and is ready to cross the threshold in order More »

Simple Things Real Estate Agents Should Know Before Referring a Contractor

As a real estate agent you have probably been bombarded with numerous requests by your clients for the names of contractors; floor guys, cabinet guys, tile guys, plumbers, electricians, handymen, etc. Before More »

Resistance to the New Marketing in Construction and Real Estate

Marketers advocating social media marketing in many real estate and construction companies face an uphill battle because few companies in the industry are taking advantage of this new marketing based on information More »

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Copyright Problems for the Unwary Real Estate

Real estate lawyers take head. Waiting in the tall grass of your client’s real estate development project may be a thorny copyright issue that could cost your client all of the profit it earned on the project, and would probably buy you a serious malpractice claim.

In the course of developing a real estate project, whether it is a residential community or a commercial project, a central component of the project is the architectural plan. Unless the developer (and the developer’s counsel) are aware of how the Copyright laws affects what the developer can (and more importantly, can’t) do with the plan, the developer may find itself on the receiving end of a Copyright infringement lawsuit. Why? Because an architectural plan, as well as other architectural works, are protected under Copyright laws, and these laws govern who owns the plans and what can and can’t be done with the plan.

Scope of Protection Granted Architectural Works

In 1990, Congress enacted the Architectural Works Copyright Protection Act (the “Act”).

South Florida Real Estate

Why do people want to purchase real estate in South Florida? Maybe it is the warm climate, the diverse culture and the many employment opportunities. The South Florida real estate market has reached the double-digit growth scene over the past several years. South Florida has witnessed a real boom in condominium construction as well. The condo frenzy is for a fact playing a big role in South Florida’s real estate market.

South Florida is a superb location. Its property rates continue to appreciate, and real estate professionals happily claim that for a long time to come the sky is the limit for property appreciation. Most homes are simple, yet plush and cozy. They include bungalows, villas, row houses, flats and apartments, as well as studio flats.

South Florida real estate has been developed by renowned architects with modern amenities. And almost every home has ample greenery surrounding it, with an appropriate length for a driveway, as well as a large garage, and a private swimming pool in the backyard.

Tips For the Real Estate Commercial Developer

As financial markets crash and credit crunches even tighter, today’s real estate commercial developer is faced with an ever growing number of challenges. Still, for the smart developer, hitting it big is quite feasible. It all comes down to the strategy a developer chooses to take.

While home commercial and development is down all over the place, commercial construction continues. The difference in today’s market, however, is that developers are finding themselves catering to “sure things” or they are holding out for the turnaround in the markets that will no doubt come.

To enjoy better than average chances for success in commercial development of real estate in today’s market, these tips can help:

  • Buy now, build later – Many commercial developers are taking advantage of today’s low prices to stake out land for future development. While this approach will require the capital and patience to hold on to land for some time, it can pay off down the road with big returns. Just think of the “land

Study: My Understanding of Houses

Why You Should Go For A Green Remodeling Project

Renovating your home has a lot of benefits. When you renovate your home, you will make it more stunning and appealing and at the same time increase it’s overall value. However, a lot of homeowners are hesitant to do this because of the rising costs of energy and resources. If you are one of them, would you believe me if I tell you that there is a solution to your problem? There is a way to remodel your home without breaking the bank. This is why you have to consider green remodeling.

To solve your problem on your home’s high electric bill while increasing it’s overall value, you have to try this project. Believe it or not, most investors and home buyers prefer green homes and will pay more money for them.

In this article, we will be discussing some of the most popular green remodeling ideas for your home.

1. Purchase solar panels.

Solar panels absorb energy from the sun and can be an excellent source of electricity for our homes. Solar panels are very easy to install and at the same time are

Lucrative Real Estate Options

Real estate boom in India has activated many dormant areas to become super- active. Surajkund is currently going through this phase of activation and is ready to cross the threshold in order to emerge as a real estate destination. This boom is further strengthened by the relaxation of Foreign Direct Investment (FDI) in the real estate and construction sector. Additionally, the retail segment has opened the doors for the commercial real estate sector of India. Faridabad is fast becoming the next hot destination for expanding developmental activities. The pace of real estate growth is expected to prosper well as more and more companies are now choosing to opt for Surajkund. The city has become a prominent investment destination due to its proximity to Delhi and also because of the rising values of the real estate in Gurgaon and Noida.

Faridabad has traditionally been an industrial city, with 300 large and 10,000 small scale units and the Haryana Government’s new Industrial Model Township. However, the industrial town of Faridabad is now noticing new residential developments, especially in Surajkund village that spans across 30 acres. Surajkund, already known for its international Mela, is now a

Simple Things Real Estate Agents Should Know Before Referring a Contractor

As a real estate agent you have probably been bombarded with numerous requests by your clients for the names of contractors; floor guys, cabinet guys, tile guys, plumbers, electricians, handymen, etc. Before you refer any contractors or any vendors to your clients it is important to make sure you know who they are. Agents should seriously consider asking the following simple but extremely important questions below before referring contractors or vendors to their clients.

Contractor and vendor referrals can and will reflect your own professional judgment and probably will affect the most important stream of future business in your career. Agents are also fiduciaries and they must put their client’s interests and concerns above all else, and ultimately make the best available recommendations. Referring clients to a contractor or a vendor just because another realtor or friend says, “Oh, I’ve used them for years” is not advisable. You should always get to know the contractor or vendor before you refer them.

The following simple questions should be considered before you refer someone new:

1. What is the Contractor’s Background, Experience, and Time in Community?

Resistance to the New Marketing in Construction and Real Estate

Marketers advocating social media marketing in many real estate and construction companies face an uphill battle because few companies in the industry are taking advantage of this new marketing based on information obtained from MorganSullivan’s 2008 social media survey. Let’s be honest, social media marketing represents change and that’s not easy in many construction and real estate company cultures where traditional marketing has worked for many years. Here are a few ways to lobby those resistant to the new marketing.

Baby steps. It took years before people started using telephone answering machines, but eventually people adopted the technology. It’s best to start in little increments and understand that people will not necessarily buy into your way of thinking overnight. Begin a campaign to communicate the potential benefits of social media marketing and use examples to back up your case.

Show sensitivity to people who feel strongly about traditional methods of marketing. Many CEO’s and senior managers in construction and real estate enjoy seeing their company name featured in commercials, advertisements, sponsorships, etc. Some of these old ways of marketing still work and asking them to change is probably a battle

Miami Real Estate

A loan on secured by Miami real estate collateral is typically known as a mortgage. This is the most popular form of real estate investment loan used by investors. Miami real estate investments provide an opportunity to generate cash flow. Apart from commercial banks, savings banks, savings and loan associations, credit unions, real estate investment loans can also be obtained from insurance companies, mortgage bankers, mortgage trusts, investment trusts, pension funds and finance lenders. Private individuals sometimes offer real estate investment loans as well.

There are two types of Miami real estate investment loans, namely, residential loans and commercial loans. Property that is solely used for business purposes like malls or industrial parks would be termed as commercial real estate. Commercial loans include buildings, warehouses, and stores. These properties are generally five or more units. Property that is solely used for single unit housing purposes is termed as residential real estate. Residential loans include those properties that are bought for rental income and future appreciation. The borrower initially receives a lump sum from the lender, which has to be paid back in installments. Purchasing a Miami real estate residential property involves having significant

The Unique Appeal Of The Miami Real Estate

The current decade has been considered as a booming period for the Miami metropolitan area property market scene. Along with the surge in the area’s economy, and an influx of investments and immigrants, the Miami real estate market is currently undergoing probably the biggest, and largest transformation ever in its famous and colorful history.

Just by looking at the downtown and suburban Miami areas, one sees the landscape of real estate in Miami as ever-changing, and with every year, new condominium and high-rise units grow up and clutter this sunny Florida city.

Take for example, Miami Beach , real estate prices are surging, and getting much higher with a lot of new investment opportunities to be gobbled up by potential investors. A major indicator of the increase in opportunities in real estate is shown by studying property values and building activity. Construction and building activity has risen throughout the city. As more homes, condominiums and apartments are renovated, property values have increased at an unexpectedly rapid pace.

By the middle part of 1998, the taxable property value for Miami Beach was $6.96 billion, more than doubling since

The Next Real Estate Bubble to Burst

News headlines throughout major U.S. cities note record-high commercial vacancies, along with a decrease in the asking price for commercial rental space. As was predicted by several major real estate statisticians earlier this year, the next real estate bubble to burst is commercial properties.

Based on statistics compiled by Cushman & Wakefield (C&W), the commercial vacancy rate hasn’t been this high since mid-2005. C&W, a global commercial real estate brokerage and consulting firm, found that vacancy rates increased in 24 of the 32 major markets they surveyed.

Colliers International, a global commercial real estate service provider, noted that rental office space is becoming abundantly available. Nationally, office space vacancies in major business districts jumped from 12.5 to 13.74 percent in the second quarter of 2009. Suburban markets increased 1.95 percent to 16.28 percent. In addition, the firm found that the asking rent in major districts dropped by 3.2 percent during the quarter to an average of $38.25 per square foot. Average asking rent in U.S. cities overall, however, are now more often priced at around $25.00 per square foot.

Both firms note that the market has been

Find A Home On The Coconut Coast And Real Estate

The tiny towns and villages in the Coconut Coast region of Bahia with its unending lineup of beaches has always been an attraction for those who want to live a life in peace and quiet, away from the crowds, noise and dust of the cities. Guarajuba just 14 km away from the tourist town of Praia do Forte and about 70 km from Salvador is one such village. You will find many lovely apartments and houses among the real estate for sale in Guarajuba.

Guarajuba is famous for its beautiful palm lined beaches and beach activities like surfing. It is also a place with plenty of greenery and it is fun to take a walk or a bike-ride along its roads lined by trees on either side. Most real estate for sale in Guarajuba is located in well-planned and developed condominiums which provide a secure living environment. The place is a preferred location for families and holiday home seekers.

Guarajuba Real Estate – An Overview

In Guarajuba, you can get apartments from R$200,000 to R$650,000. An average apartment in a nice condo near the beach will cost

Commercial Real Estate

For investors, purchasing a commercial property in an exclusive real estate like in Tampa, Florida is not an easy task. Maybe some have experienced ending up wasting their investments in non-profitable commercial real estates. But in order to avoid this, always remember to follow the easy step-by-step procedure when planning and buying a commercial property.

A lot of rich businessmen are wondering how they can get a good deal on leasing rates for their office or industrial establishments specifically in Tampa commercial real estate. Some think that the place has become one of the most expensive locations for office sites. But think again. In reality, the commercial real estate market in Tampa offers the most affordable commercial lots and properties in the US. Owners of Tampa real estate could even demand on high prices on office rents since all the amenities are included in each of the location where the building was developed but they don’t.

Due to the culture options and the diverse recreational facilities in the area, not to mention the beaches and the sun suitable for golf, Tampa, Florida is the best place to relocate business. The

Real Estate Investor Should Know

The City of Miami is the largest metropolitan area in Miami-Dade County, with a population of 362,470. The composition of Miami’s population is 60% Hispanic, 22.3% African-American, and 11.9% White.

The real estate market in Miami, Florida has experienced, for the last 4 years, an incredible appreciation in values, and is considered as one of the leading property markets in the country. A combination of rapid population growth, low interest rates, and a very desirable semi-tropical location have helped fuel a dramatic rise in real estate development and property values in this warm, sunny city.

Based on 2000 U.S. Census figures, the real estate market comprises around 148,388 housing units, just within the city of Miami. About 35 percent of the City’s residential real estate stock is owner-occupied and 65 percent renter-occupied. The owner occupancy rate of the city is about 24 percent less than Miami-Dade County. Miami’s total residential real estate inventory is nearly divided between single-family units (1 unit detached and attached) and multi-family units (5 units and larger).

Together, these single-family detached (45,523 units) and 20+ multi-family structures (39,636 units) account for 57.3% of

Goa Real Estate Leaps Ahead

Besides an array of residential projects at different stages of construction and planning, Goa real estate is witnessing a host of new commercial real estate projects. The State is going through real estate revolution with multinationals buying large commercial spaces to develop shopping arcades accommodating top-notch brands.

A number of big retailers are coming up with their exclusive showrooms. All this is going top boost up the land prices in Goa in future. Market analysts see the rates for commercial property in Goa to shoot up further in years to come.

With many big-time real estate developers, like DLF, Gera Developers, Parsvnath coming up with their commercial projects to be launched in Goa, the market is eyeing for a quantum leap in property value of both commercial as well as residential properties.

Many big and small developers are exploring the commercial prospects in Goa and launching their ambitious projects in the State. Real estate players, Parsvnath Group and DLF are planning to develop offices cum shopping malls in Goa.

Jai Bhuvan developers are launching Pentagon Arcade, a commercial property having showrooms of size 120

Smart Strategies For Real Estate

If you’re deterred by the roller coaster rides of the stock market, then real estate is the best place to invest your hard earned money.

But real estate business is not an easy one. It calls upon concrete strategies to realize your goals and turn your business into a lucrative venture. If you’re an aspiring real estate entrepreneur, then have a look at the five strategies given below that will help you in having a successful real estate investment.

Buy and Hold strategy

Under this strategy, you buy a property and lend it on rent. Hence, this strategy is usually known as rental properties. Buy and hold strategy of real estate investment opens three paths of income for you:

amortization–you lower the amount of debt while paying your mortgage,

appreciation–you increase the value of your property over the years, and tax incentive–as a landlord you’ll get a chance to cover up your investment costs within a few years. Even if the rent doesn’t break even your entire mortgage payment, it’s not disheartening, as you still have a positive cash inflow.

Commercial Real Estate Transactions

Planning to purchase or finance Commercial or Industrial Real Estate? Shopping Center? Office Building? Restaurant/Banquet property? Parking Lot? Storefront? Gas Station? Manufacturing facility? Warehouse? Logistics Terminal? Medical Building? Nursing Home? Hotel/Motel? Pharmacy? Bank facility? Sports and Entertainment Arena? Other?

A KEY to investing in commercial real estate is performing an adequate Due Diligence Investigation to assure you know all material facts to make a wise investment decision and to calculate your expected investment yield.

The following checklists are designed to help you conduct a focused and meaningful Due Diligence Investigation.

Basic Due Diligence Concepts:

Commercial Real Estate transactions are NOT similar to large home purchases.

Caveat Emptor: Let the Buyer beware.

Consumer protection laws applicable to home purchases seldom apply to commercial real estate transactions. The rule that a Buyer must examine, judge, and test for himself, applies to the purchase of commercial real estate.

Due Diligence: “Such a measure of prudence, activity, or assiduity, as is proper to be expected from, and ordinarily exercised by, a reasonable and prudent [person] under the particular circumstances;

Commercial Real Estate

Because the bottom has fallen out of the residential real estate market, real estate investors have now turned to commercial real estate investing. Commercial real estate investing has many different options for the savvy investor. Some of them are as follows:

1. Investing in a retail shopping center as part of a joint venture with several other investors. This enables you to take less of a risk and get some experience in investing in commercial real estate without it costing you a lot of money. Make sure you know plenty about your partners as well as the property that you will be purchasing;

2. New construction. If you have been a project manager or general contractor, you may be able to swing commercial real estate new construction as long as you are aware of the different codes. Commercial real estate new construction is much different than residential new construction. There are different building codes for commercial buildings that vary from different municipalities. You have to be familiar with the codes when building commercial property;

3. Rehabbing or refurbishing older buildings and preparing them for business use. Again,

The Next Big Crisis in Real Estate

In our hard-hit economy we’ve all seen the results of the housing crisis on neighbourhoods, homes emptied of residents and belongings, yards overgrown, and for sale signs peeking out of the knee high grass. We are reportedly on the verge of recovering from the residential real estate crash now and in the months to come, but the next crisis is apparently about to transpire.

Because of the struggling economy, many businesses are declaring bankruptcy or downsizing their operations. In every city in the country you can see evidence of this occurrence; closed store fronts and empty retail spaces at malls are commonplace pretty much everywhere and the problem is going to increase over the next year it is predicted. Many of the businesses that are having problems and either closing stores or filing for bankruptcy are well known retailers and businesses. Even some malls are reportedly on the verge of closing.

As these companies downsize to save money and close the doors on shops or office locations, there will be as a result an increase in office and store vacancies. Many of the remaining commercial tenants who are renting spaces

Change and Technology In Real Estate

This summary highlights a number of the principal underlying trends and initiatives which are currently shaping the long-term characteristics of the US construction industry. The hypothesis is that such can only be realized through the simultaneous combination of business process change and the complementary implementation of new IT support systems.

The most encouraging aspect of such initiatives is that, for the most part, they are being undertaken on an integrated and cohesive basis and address the same set of underlying criteria.Those taking part and driving such change include leading commercial, consultancy, trade and professional organizations and universities. The funding for such activities is being made available via a variety of sources including US Government research programs, direct commercial sponsorship and the subscription to more generic studies and initiatives by joint industry-academic bodies.

Technology As A Major Change Enabler

(a) The Potential

As demonstrated by the varied (but nevertheless interrelated) objectives identified by studies, there are now several major areas of strategic industry focus currently gathering pace and high level commercial, professional and governmental support within the US.

A common underlying factor

Real Estate and Construction

Last week’s news on housing and commercial real estate was all bad. On the residential side,

• New home sales fell to an adjusted annual rate of 300,000, a new all-time record.
• The builder confidence index declined sharply in June.
• Existing home sales fell in May.
• 7.3 million mortgages are delinquent.
• 11.2 million homeowners now have negative equity in their homes.

Those facts, coupled with an existing supply of 3.89 million homes for sale and a large shadow inventory of houses sitting on banks’ balance sheets that have been foreclosed on and not yet put back on the market, are strong evidence that the outlook for home prices is bleak, and will probably remain so into 2011 and maybe 2012. This will also be a serious drag on the economy.

On the commercial side, AIA architecture billings declined in May. This index is a leading indicator for commercial real estate construction and investment. There is usually a lag time of approximately nine to twelve months between architecture billings and construction spending. So it is fairly obvious that commercial construction is not going to

Real Estate Commercial Property

When it comes to buying commercial real estate, the rules are a bit different than when buying residential real estate. Commercial real estate is purchased to be used for the sake of a business. This business needs to make sure the property will fit the needs of the company and that the area is right for their business. The deal can be tough to attain, but well worth it when the business succeeds beyond the dreams of the company.

1. When buying commercial real estate, the buyer must first look at the local clientèle. The customers that will be driven into the business will largely be dependent upon the residents of the area. If the commercial property is in an area that is not thriving and the business is based upon a more affluent crowd, the business may not have the following the business needs to make it successful. A careful look at demographics and median income can tell the buyer a world of information about who will be shopping, or not shopping in their business.

2. After demographics, local area businesses are the next most important factor to weigh