Thursday, December 6, 2012

What makes people like to borrow money from the internet loan service

 If you need some fast cash money, the internet is now the best source of fast cash money. This is because there are so many websites that you can go to if you need to borrow some money. No matter what kind of loan you need, be it installment loan or another kind of loan, the internet will provide you a fast short term loan solution. In fact, these days, many people prefer to apply for some loans from the internet rather than to apply for some loan from the bank. How could this happen? Have not the bank always provided the best loan solution for people who are in need? 
  
Bank might have been giving loans for a lot of people. However, if you have a bad credit, it will be quite impossible for you to get bad credit loan from the bank. This is what makes people with bad credit feel reluctant to go to the bank even though they need some money. What they usually do now is to go to the internet and apply for some loans for people with bad credit. The internet has provided them with a lot of kinds of loans that do not see or check their credit score.

Friday, September 21, 2012

Why Central Park Is the Premium Investment Choice for Average Income People?

The yearly economic stats findings reveal that after agriculture, real estate is the most vibrant and thriving sector in Pakistan. Investment in Pakistan real estate is a lucrative opportunity to earn handsome profit on sale and steady income in the form of rent. Property prices are gradually going up and that discourages savvy investors to buy properties in Pakistan yet a number of serious buyers are looking to invest in this sector.

Experts favour investing in Pakistan properties because it offers slow but upward growth and steady returns on investment, good quality properties in good housing societies always remain in demand and several new high end residential housing schemes keep on springing up. Lahore real estate is one of the prime investment choices because it is home to the new and ever growing housing schemes springing up on the outskirts of the city.

One such housing scheme that is considered an attractive investment spot for both local and overseas Pakistani investors is Central Park Lahore. Let's reveal why it has become a premium choice for investors in a short period of time.

a jeans store online is mine.

Central Park is a premium choice!

Central Park Lahore is a well-established and a well-planned housing society and a project of Urban Developers that has a long successful history in terms of delivering the best housing projects throughout Pakistan. It is a fine blend of elegance and style and offers one of the best amenities to the residents. The society is located on Ferozepur Road, 22 kilometres away from Kalma Chowk towards Kasur. Central Park is a wide spread housing society stretched over approximately 10,000 kanal (1250 acres) of land.

General amenities: Almost all of the modern housing projects in Lahore launched by developers target upper class but this self-contained society is an attempt in the real terms to provide affordable residential, commercial, recreational, educational and health facilities to the middle or average income group people. To meet the growing housing needs of local people, new projects are continuously launched but not all meet the high living standards. Several societies do not focus on providing lush green parks and landscaped gardens to the inhabitants but this project is planned to keep the true spirit of healthy living alive by designing 500 kanal a lush green amusement park. To complement urban living, all contemporary facilities are provided within the vicinity.

High quality of life:The developer has not just focused on providing plots of different sizes but also has included several top notch factors to ensure high quality of life for the residents. Along with an amusement park, the residents can also find 24 hours public transport facility, hospital and medical college, filtration plant for safe drinking water supply, functional sewerage system, provision of natural gas throughout the year, underground electrical system, carpet roads, community centre, mosque, schools, college and a cash & carry system.

Affordable & secure:The plots are available in Central Park Lahore at affordable rates so that middle and average income group people can easily buy plots. Initially plots were offered at affordable instalments as well. To ensure foolproof security of the residents, Central Park stickers are introduced for the society dwellers to keep foreign vehicles away. Also one entry and one exit point are functional and alert security guards are deployed at the main entrance.

Central Park, Lahore is a valuable addition to Lahore real estate and an amazing housing project, especially designed for the middle class who cannot live in posh areas but wish to enjoy all modern facilities and amenities.

Wednesday, September 12, 2012

The Difference Between Industrial, Retail and Commercial Real Estate

Retail and industrial are both considered 'commercial real estate' (as opposed to 'residential real estate'). Commercial real estate refers to buildings or land intended to generate profit; industrial and retail are simply sub-categories of commercial real estate.

Firstly an industrial property is defined as a property used for the actual manufacturing of something, and can be considered either a factory or plant. This is usually zoned for light, medium or heavy industry. This includes things such as warehouses, garages and distribution centers etc.

Retail property is a commercially zoned property used solely for business purposes, the actual selling of the product, rather than its manufacture - retail stores, malls, shopping centers and shops all huddling nicely under the retail umbrella.

Generally, businesses that occupy commercial real estate often lease the space. An investor usually owns the building and collects rent from each business that operates there.

There are four primary types of commercial real estate leases, each requiring different levels of responsibility from the landlord and the tenant.

Single net lease - tenant is responsible for paying rent and property taxes.

Double net lease - tenant is responsible for paying rent, property taxes and insurance.

Triple net lease - tenant is responsible for paying rent, property taxes, insurance and maintenance.

Gross lease - tenant is responsible only for rent; the Landlord pays property taxes, insurance and maintenance.

If you find yourself considering Commercial property ownership, there are a few things that you would do well to keep in mind:

1) Attractive appearance - the last thing you need is a vacant commercial property in Sydney for any length of time. Think how prospective tenants think: what will their customers want to see?

2) Aesthetic entrance - first impressions count, simple, simple stuff. This is a great tool for putting your prospective clients in a great frame of mind... and their clients.

3) Natural Light - in especially high demand nowadays

4) Location - close to other offices, public amenities, transportation etc.

Since 1980, retail property has returned an average of 9%, though is currently returning around 6%. Industrial real estate tends to be the most volatile, and is currently returning around 7% (as opposed to its peak of around 12% during the 1990's recession).

And obviously, no matter which form of commercial property you're considering, read the lease carefully. Sounds like a silly thing to say, but you'd be very surprised at the issues that can become issues simply because things weren't read properly!

Friday, August 31, 2012

Impressive Figures That Serve As Proof That The Miami Luxury Real Estate Market Is So Remarkable



If you have been looking for proof that the Miami luxury real estate market is indeed one of the most remarkable property markets within the United States today, you can find all the proof you need by looking at the recent activity within the region.

Miami has always been recognized as being one of the most beautiful locations in the country as its position along the Atlantic coast of the South Florida region makes it a stunning tropical paradise that comes complete with the fabulous climate and amazing atmosphere that one would expect from a world-class beach destination.

Even its selection of luxury homes and condominiums have become such a hit among property buyers as there has been such a strong demand for Miami luxury real estate options, especially within prime communities which offer waterfront properties of all shapes and sizes.

Among the most impressive figures seen over the last couple of months includes:

• A luxury home located within the exclusive community of Indian Creek, sold in August 2012 for $47 million. Despite having been sold for $13 million less than its original asking price, it still takes the rank for being the most expensive single-family home sale within the Miami-Dade County area. The 30,000-square-foot estate was purchased in cash.

• A 7,400-square foot penthouse property located in the Continuum South Beach that was sold to an Italian investor who purchased the luxury condo in May 2012 for $25 million. The 5-bedroom penthouse property occupies the 40th, 41st, and 42nd floors of one of the most astounding condo communities within the region.

Even property listings have been making quite an impression as celebrity homes that are being placed for sale on the property market are also found to be within the upper-end price range - such as the North Bay Road mansion formerly owned by Jennifer Lopez which has been listed for a whopping $40 million.

Property buyers who are interested in pre-construction deals will also find available options on the Miami luxury real estate market which will include outstanding private residences at the Mansions at Acqualina - with its $50 million penthouse waiting for its very first owner - within the city of Sunny Isles Beach and ultra-fabulous Bellini at Williams Island within the city of Aventura.

If you would like even more proof of the excellence and many great opportunities that await people on today's Miami luxury real estate market, you should take the time to speak with a professional agent that can provide you with full details on what makes Miami and its extensive selection of luxury homes and condos the perfect real estate option for you.

Wednesday, August 8, 2012

Real Estate Business - A Smart Game!



Real estate as a career option can be very rewarding if you are a person willing to take risks in life and have a knack for business. There is no pre-requisite degree or a must have certificate to be in the field of real estate. Anybody can choose to deal in this business. Real estate transactions can be any, like renting a house, or buying or selling a house, property, leasing a shop, or helping someone invest in a land or property etc. The real estate business includes a number of transactions, involving big money and legal documentation. Therefore, it also requires the service of attorneys, insurance company agents, bankers, tax experts, and many others besides the broker, the buyer and the seller.

Each year innumerous people try their luck in real estate. Some burn their fingers, while some make good money and grow further. Thus, one has to understand, business is not everybody's cup of tea. You have to be wise, practical, and understand the market trends. Being friendly with people and having a wide contact list does not help in any business. Any business needs an initial capital to bank on. Sometimes a property in hand looses its value after purchase. Sometimes, you may have to wait for a longer period to find a profitable buyer.

Thus a positive attitude and patience is important in this field. One must also have a back up plan and alternative idea in any deal. Many a times in this business as a broker, meeting the clients' expectation becomes a daunting task. Showing the client the property or houses after houses makes it an exhausting job, besides burning ones finances. As a real estate broker, it is important to understand the client and his needs and motivation behind the deal as well.

In real estate business marketing skills plays an important role. Understanding the psychology of the client, the seller, what is important to them, and what impresses the opposite person, what to highlight in a conversation etc helps strike a deal. Prompt customer service, easy and smooth legal transactions and paper works leaves behind a good impression. Like every business, here too, referral from past clients', by the word of mouth really helps earn a good name and trust amongst clients.

Many people love the field of business, for they are their own boss. You have the freedom to work the way you wish to, and develop your own working style.

Wednesday, July 11, 2012

Repurpose Commercial Real Estate

As we drove through town the other day we noticed whole strip malls that were empty and thought about the owners or banks sitting on the buildings with no rents coming in.

Sure there are places that are doing better and some that are definitely doing worse, I suppose that's the way it goes in business. You just have to wonder if there is something that all of us can do besides go out and buy things for stores to remain open.

Prices are up and wages are down, makes it difficult to put food on the table which is more expensive as well.

Is there no alternative to looking at these big empty "behemoths"? It seems there should be some use for these empty building that keep popping up. Not just in our own town, in neighboring towns and in towns in different state. We have noticed that it seems to be universal.

And then there are cases of buildings being transformed into different usage's, I think that is brilliant. The other day I noticed that there is a Bally's gym that closed and I thought that would be a great place to make a community center. Big rooms, maybe a pool, bathrooms are never an issue. Basketball court and racquetball. It would be an amazing place for kids and families to gather and be together.

There are so many things that can be done, so many different vacant buildings that can be re-purposed into useful pieces of the community.

All of us are the difference, we are the ones that need to implement the change. That is what we are doing. Finding out who owns a building and finding out if they would consider selling it and what their price would be.

That would be the second step, the first step we take guarantees us a buyer.

Everyone knows that the big thing is finding a buyer so the property can move.

We have a system that guarantees a quick turn around and you don't have to be a realtor or broker. We have put together a step by step program that will make it possible to turn properties in as little as a day.

Amazing and true! No more pounding a sign and stake into the ground and crossing your fingers that a buyer will make an offer.

Things have changed in the Real Estate world, the times change and different strategies are implemented.

Flipping 5 to 10 houses a month would be awesome and I am sure you would agree.

Did you know that there were No Brokers or Realtors license required to start your Real Estate Business? There are so many things that the average person doesn't know about Real Estate.

Real Estate has ups and downs, it has a few in's and out's too. The ups always make the downs worth hanging for. We have a lot of ground to make up from the past few years, now is the time to do that.

One thing we found in our 30 years of experience is that after the downturn there is always an "up turn". We need this to happen so we can recover.

Jobs are getting more scarce and they are paying less or requiring less hours. It's harder to get ahead when a person is working a regular job. What that job does for them is keeps them living at their current level and working at their current job just so they can live at that level.

To get ahead these days it calls for a bit of ingenuity and a shift of thinking. If more businesses are closing and boarding up, where are the workers going to work?

That is why it is so important to have your own company even if it's something you do on the side. A way to make some extra money to have fun but more importantly to be able to get ahead and be comfortable the rest of your life.

Tuesday, July 10, 2012

Find Office Space in the Bolingbrook Area

The Chicago area is a fantastic location to lease commercial space. No matter what type of industry your company is involved with, there is sure to be a suitable office locale for you. Although some companies choose to operate their daily business transactions within the city limits of Chicago, others prefer a suburban location. Two areas in particular which see a lot of commercial business operation are Bolingbrook and Orland Park. In fact, these office markets are gaining popularity each and every day as more business owners are learning the benefits to moving their company operations there.

The Benefits of Leasing Office Space in Bolingbrook

Located southwest of Chicago, the village of Bolingbrook offers a wide array of leasing options to business owners who need space. Close to Interstate 355 and Interstate 55, there is easy access to the Bolingbrook area and customers and employees of Bolingbrook businesses can get there with ease. Many big name companies have their place of business in Bolingbrook including IKEA, ULTA and Bass Pro Shops. Companies lease space in Bolingbrook as it is close to Chicago, features a suburban locale and has plenty of nearby amenities.

Those who work at Bolingbrook businesses have plenty to take advantage of during their time off from work. There is the Bolingbrook Park District which offers plenty of outdoor entertainment, Bolingbrook golf courses for the golf aficionados and plenty of dining and shopping options to please all. The existence of all of these amenities also tends to draw in customers of offices in the area which will boost business for business owners who lease Bolingbrook space.

Why Orland Park Is Ideal As Well

Orland Park is located approximately 25 miles southwest of Chicago and is a prime suburban location for office leasing. Business owners lease commercial offices here because it's a location near the city but is a locale that still maintains a suburban presence. There are plenty of ways to get to this town such as by using I-55, I-355 and I-80. The Metra has three stops here and the airport is not too far away as well. Easy access is a main reason why business owners lease office space in this town.

Another reason why this area is ideal is due to the amenities around town. Orland Square Shopping Center is a good bet for shopping and restaurants with a wide array of cuisines can be found here. After all, you are only in work for certain hours during the day and will surely want to take advantage of various amenities both before and after work in addition to during your quick lunch breaks.

Orland Park has both residential and commercial settings within its city boundaries. If you lease an office in Orland Park you may wind up having both small companies and larger corporate entities as your neighbors. From healthcare professionals to retail shops, Orland Park has a little bit of everything within its city borders.

Commercial office leasing is readily available throughout both Bolingbrook and Orland Park and business owners are certain to love the readily accessible aspects of both towns as well as the amenities available throughout these areas.

Wednesday, June 27, 2012

Make Money Investing in Texas Real Estate

 Investing in Texas Real EstateForeign and domestic investors alike are throwing their hat into the Texas property arena. In the current state of the economy, it may very well be the safest and most profitable investment in the United States.
Lets take a quick look at the market in Houston right now...
Last May marked the 12th consecutive month of positive sales and growth in the Houston real estate market. The sales of single-family homes rose 29% since May of last year with and 8.5% increase in average sales price. Strong sales on homes from $250,000 and up pushed the average housing price up to historic levels.
For potential investors, probably the most important statistic is month end pending sales, which totaled 4,476, up 10.5% since last May. This suggests a further increase in sales for the upcoming months. Foreclosed sales totaled 7,327 in May, an increase of over 24% from that of last year. The large volume of sales has caused the price of these foreclosed homes to rise 4.1% to over $80,000 per home.
All this positive news may come as a surprise to many people. It is true, buyers and sellers alike are experiencing a national market filled with over-appreciated homes and a shortage of home-buyers. Texas seems to be the anomaly. Why?
"Texas Real Estate defies US property market" says Texas Real Estate Magazine.
Texas has an impressive 11.5% estimated profit increase according to the ROI. Of course, profit increase doesn't mean much to investors who have trouble finding tenants, such as in areas with high unemployment like California and Detroit. It's a good thing that Houston is a job creating machine that expects to have created more than 810,000 new jobs by the end of 2012.
Is Houston good for foreign investors?
In the past year, Texas has accounted for 10% of all international sales by foreign investors, coming in 3rd behind Florida (26%) and California (16%). There are a couple of reasons why foreign investors have suddenly turned their eyes toward the Lone Star. First, Texas has the single most self-sustaining economy in the country, experiencing stable growth on all levels. Second, Texas is one of the easiest states for foreign investors to set up an LLC.
Homes are going fast with an 18.1% decline in available listings over the past year. Also, the number of available single family homes has reached its lowest point in the past 5 years. The market is in a position where the sooner you act, the more returns you're likely to earn.

Tuesday, June 19, 2012

Choosing The Type Real Estate To Invest In

Type Real Estate

Quite a number of people have discovered that one of the best investments anyone can ever make is a real estate investment. This is because the property that you invest in will, in most cases, appreciate in value. Most of the commodities that are manufactured or produced these days usually depreciate in value. For example, once you purchase a car and drive for only 1 mile, the value of that car has depreciated. However, when it comes to purchasing a building, it increases in value as time goes by.

When you want to invest in a certain type of real estate, you may need to consider some things. Here are some pointers that may help you when you want to choose a particular type of real estate investment:
The Population - The people who are found in a certain area become a great determining factor of the type of building you can provide. For example, if the area you have purchased land has universities or schools, it would only be logical to provide hostels or apartment blocks where the students can reside. If you have purchase land in the suburbs, then you should invest in proper family houses with 3 or 4 bedrooms.
Social Amenities - In this case, social amenities refers to things such as medical facilities, retail stores, game arcades, educational facilities etc. If the place you have land doesn't have any of these facilities but the population is quite large, then you may want to develop a shopping and office complex where you can incorporate some of these social amenities. As you may be aware, students like to shop and go to the video games arcade. Thus, having such a complex would be advantageous. You would save people money by bringing such services closer to them instead of having them drive a few miles away to get to a town.
Infrastructure - The availability of roads, telecommunication and even internet services can determines which type of building you can construct. Building an office or shopping complex where infrastructure is not available would not be a wise idea. The only time you can invest in such a complex is when you are sure that the local authority will be providing infrastructure sometime in the future. If this happens, the value of your building will increase drastically.

Monday, May 21, 2012

The Benefits of Real Estate Investment Groups to a Beginner Investor

In discussing Real Estate Investment Groups, it could be true that you have a good knowledge of investing in this sector but the fact remains that what you know could be just a scratch of the surface of this thriving market. Well, as a beginner investor, it would interest you to know that as long as there is great potential in the real estate market, there are no hundred percent assurances that you can successfully make it. However, to be on the safer side, the more you know about means of cutting down on the risks of this type of investment market, the better for you.
This is where Real Estate Investment Groups come in. Since it is more beneficial to weigh the advantages and disadvantages of given investments and make good choices instead of making avoidable mistakes and counting your losses, it is therefore advised that you rely on this option to succeed in this venture, especially as a beginner. Now this body is simply likened to small mutual funds. It works perfectly for a beginner real estate investor who does not wish to go through the hassles associated with being a landlord.
How does Real Estate Investment Groups help you out? They do this by building sets of condos or apartment blocks which are then sold to interested investors which automatically make them part of the group. If you wish to own a single unit of self-contained living space or multiple units, it is all up to you and since the company at the helm of affairs of the investment group is saddled with the management of the units which includes maintenance, tenants interview, adverts of vacant spaces and lots more, you can go for multiple units in order to maximize your profits even as a beginner investor.
Now you are beginning to wonder if all this help from the Real Estate Investment Groups is for free. It is absolutely not free. What then is in it for them? The group gets compensated for its management services by collecting an agreed percentage from the total monthly rent accrued from the number of units you own. It is that simple. It would however, interest you to know that these investment groups come in varied versions and quality. What this means for you as a beginner real estate investor is that, if you wish to make the most of your efforts initially, proper research should be carried out prior to making a choice of an investment group. Yes, research is the watchword.

Monday, May 7, 2012

Should I Buy a New Build or an Older House?

I often get asked the question, "should I buy a new or older property"? Well here are some thoughts to consider.
Here's an example from Ken who was considering buying a house in Bromsgrove, West Midlands...
There was a £20,000 difference between the price of a new modern 4 bed detached house and a 10 year old house.
5 years from now the new house will be 5 years old and a 10-year old house will be 15 years old. The question was would this difference still remain, or will the older house catch up? New houses are like new cars, they lose value as soon as they become second hand!
What you will find, is that property is like fashion, it comes in and out of style.
A 15-year old house will be competing with the new houses of the day. Over 15 years house specifications improve. A four bedroom house which was built 15 years ago might not have a down stairs cloakroom for example. The new one will. Hence the new one is more desirable and is valued higher.
So my advice to anyone with this dilemma, is go for the property which suits your situation the best.
An older property might have more 'potential', but if you don't have the time to add the potential - there's no point in buying it.
Older houses usually have more land with them, which can be a good thing if you want to extend, add a sun room or landscape the gardens.
It can also very much depend on your lifestyle, commitments, and family circumstances.
When you have young children you may need a property that is 'already done', with such specifications as en-suite bathroom to the master bedroom.
You may be both working full time and don't want to have to work on the house. In this case a newly built house is for you.
If you have the time and/or money to do up an older property, it certainly can pay dividends, especially if you add on the features that everyone wants.
These days things like: downstairs cloakroom, utility room, en-suite bathroom, summer room and home office are all worthy additions to an older house that did not have these as original features. The house next door will always get a better price if it has these features over one that does not.
Remember, a house will have a maximum price in any area at any one time, so don't overdo the modifications. If it can be done in keeping with the style of the original building, you can buy low, invest wisely and make money.

Sunday, April 15, 2012

How To Finance Real Estate Investing Deals

In order to be successful in real estate investing, you must be able to finance your deals. When you know which financing options you have available, you are able to structure your deals accordingly.
This article explores the financing options you have in real estate investing.
1) Buying with little or no money 
Whenever you can buy houses with little or no money, you can have potential to do unlimited number of deals.

An example of such deals is wholesale deals. This involves buying a house for a low price, then you turn around and wholesale it for a higher price. There are two ways you can do this.
Contract Assignment: 
You put a house under contract at a low price. You get this contract to your title company or attorney to do title work. You then turn around and assign this contract to another real estate investor who closes the deal.

You walk home with an assignment fee when the deal closes. The terms of the contract assignment are clearly defined and state how much your assignment fee is.
Simultaneous closing: 
You put a house under contract to buy, then locate another real estate investor to flip it to and you sign a contract with you as the seller.

You end up buying and selling the house at the same closing table. Your profit is the difference between your buying price and selling price, less any closing costs.
2) Hard money 
These rehab loans have a short time frame, such as 6 to 12 months. They carry a high interest rate, and are based on equity on the property, not personal credit.

It can be available fast, sometimes with a few hours or days.
3) Creative financing 
This includes techniques like lease options, owner financing, etc, that do not involve putting buying the property for cash. It might be necessary to put some money down, but finance part of the deal through creative financing.

This can be a big money maker and can allow you to do numerous deals without being limited by money.
This technique will not work when the property needs repairs, or when the owner wants all cash for their property.
4) Revolving credit 
This can be a line of business credit, credit cards, etc. They require monthly payments which can get high, and the interest rates can also be high. 
You can have limited amount of credit and the number of loans you can get.

5) Private lenders 
Private lenders are individuals with cash they can invest. Their money is secured by real estate and are willing to invest it to get higher returns than they can get on bank investments like CDs.

Private money is the most preferred type of financing for real estate investing deals.
6) Mortgage loans 
You can also finance real estate investing deals with traditional bank mortgage loans. These come with low interest rates with terms about 15 to 30 years.

However they can require that you put 10 to 20% down. They are based on your credit scores and you are limited to the amount and number of loans you can borrow.

Sunday, April 8, 2012

A Plan for Investing in Real Estate

With the way the housing market is, you can find some really great deals if you are looking to invest in some real estate. If you have been looking for the perfect business venture and not sure of what will give you the most return on your money, you may want to take a look at some properties and come up with a plan on how you can make a nice profit by starting a new business venture.
If you are not too familiar with the real estate industry, you may want to think about getting a bit more education about it. There is a lot for you to learn and you won't be able to learn it overnight. In addition to learning on your own, you should look into getting a mentor. Make sure that whoever you choose to learn from has more than a fly by night education in the industry. People that make good mentors and business partners are real estate agents. You should also have a good attorney that specializes in property law.
When you are investing in property, there is more than just giving an agent some money once you decide to purchase a property. You need to thoroughly research any property you are interested in. You need to know whether or not there are any liens on it, if the foundation is up to code and whether or not there needs to be any work done on the property.
If you happen to find a piece of property that you feel would make a great investment and it needs a little work, you should find out how much it would cost you out of your pocket to bring that property back up to par. If you find that you need to make a small investment outside of the purchase, you should go over any and all details with a real estate attorney and broker. The attorney will make sure that all the details of the contracts work best for you and to keep you from being taking advantage of or entering into an unfavorable agreement. The broker will streamline the buying process and help to get you the best deal. Once you have taken care of all the contractual and financial obligations, you are well on your way to being a successful entrepreneur.
If you are planning on renting the property out after you have brought it up to code, you may want to make a few modifications that will make the home more appealing and allow you to charge more for rent. You could add a dishwasher, pool or anything that you think will make the home more marketable. Make sure you cover everything with your business partner first.
Don't charge an astronomical amount of money for rent. Consult with an attorney to come up with a good rental agreement that outlines your responsibilities as landlord and your tenant's obligations. This will help protect you and your rights as the real estate owner.

Tuesday, March 27, 2012

London apartments and Holiday apartments in London

A classy house building with state of art amenities to match the natural ambience forms the beautiful housing societies. Architects are designing the London flats for a wide range of family sizes. These may include the one room efficiency to a three to four room accommodations. The London flats models are owned or rented separately and there are several London house associations that provide these places to the potential house hunters.

As more and more populations are settling in the suburbs the need for these London flats is also increasing day by day. Not only for the house hunters the London flats are also available with wide range of services. There can be student flats in London, bachelor flats London, walkup London flats, house with elevators, and house accommodations Several weeks, residential accommodations Several weeks offering meals for long-term tenants and the short stay maintained flats London.

Each of these house London type has its own significance for different people.

Not only for the house hunters these London flats have equal significance for the readers and tourist. There is another type of house class referred as the London maintained house. All the readers and vacationers just check in the accommodations Several weeks. But there is another choice to that as well. They can go for the London short stay maintained flats. These short stay maintained flats London are getting very popular among the readers. These London flats offer a comfortable atmosphere where the house the vacationers can delight in their stay without getting house sick.
 
There are several reasons that make these London short stay maintained flats the better choice than the individual house models. The first as its mentioned earlier that these offer a comfortable and self serving facility where the individual can stay the way he likes. The users are also given a fully equipped kitchen where they can cook the food they like. Apart from that the London short stay maintained flats makes the full arrangements for the security of the citizens. The London short stay maintained flats also provide the secure and safe parking facilities to the readers. Besides the citizens are given access to the stay channels where they can delight in programs of their choice and are also provided the broadband connectivity on need. All such features make the London short stay maintained flats quite different and useful as compared to the accommodations Several weeks.

Not only the readers but also for those who have been seeking corporate relocation can take the advantages of these London flats or the short stay maintained flats London. It usually happens that some people fight travel long distances each day and so they can go for these London short stay maintained flats. They will be getting it close to their working place and will also be enjoying the house like atmosphere.

Now if you have been looking for the London short stay maintained flats or flats London then you can refer the Several weeks cloisters. From here you can find the great deals with the London short stay maintained flats that can suit your customized needs. For more information and details about these London short stay maintained flats you can log on to:  www.apartotels.com

Monday, March 19, 2012

Selangor Property

Selangor is one of the states of Malaysia, and it has held the record of being the most populated state in all of Malaysia. Selangor spans an area of approximately 8,000sq km, which stretches along the west coast of Peninsular Malaysia. It has also been deemed as the most prosperous state in Malaysia because of its advantageous geographic location and abundant natural resources. It encompasses the territories of Kuala Lumpur and Putrajaya, which were once under Selangor's rule.

Tourism is also abundant, though, not of critical industry sector in Selangor, and as one of the most populous state, its advancement towards technology, and transportation are remarkable. This progress in the different industries of Selangor has paved the way for numerous jobs that attracted the migrants to come in from China, Pakistan, India, Bangladesh, Myanmar, Vietnam, Indonesia and Philippines.

Therefore, it has created the need for more properties, especially in the housing sector.

While some wants to procure properties from this area, some wants to sell theirs because of the influx of immigrants.

Are you looking for a property in Selangor or thinking of selling your Selangor property?

Then your best bet is to go online and look for prominent real estate companies that will assist you in selling or buying a property here.

If you are keen to buying an overseas property, you have to take extra precaution especially if you are not familiar with the area. Look for websites, resources and collaterals that would best address your concerns and answer all the queries that you might have. Selangor property can prove to be very valuable especially if you are looking for a place to stay when you retire, or when you want a vacation home during the holidays.

There are a number of reliable Real Estate companies that would surely assist you in searching for a perfect property investment in Selangor.

A few of these companies that you can search online are iproperty.com, Allied Group Real Estate, propertyindex.com, and Selangor Properties Berhad, among many others. You can go to the Real Agent Directory for a more comprehensive listing of Real Estate companies with their corresponding contact numbers, locations, e-mail addresses and websites.

Saturday, March 10, 2012

Apartments In Arlington Va

If you have been looking for apartments in Arlington VA to rent, you probably have already found that it can be quite a challenge, especially if you are in a location far away from the city. There are so many different places in so many different locations that it can seem pretty daunting trying to find the right place in the right location for the right price that has all of the amenities that you are looking for.

One of the best ways to acquire information and use it successfully is to get online and keep some organized notes. Keeping track of the names of places, the amounts of the rent, addresses and phone numbers of the offices, and the special features and amenities that each of them have available. It would be pretty easy to overlook some amenities in favor of the presence of others, but you should be careful about this. For example, you might be thinking of renting apartments in Arlington VA that offer a swimming pool for residents to use, but they do not have laundry hook ups in the units or even in the buildings at all.

They may or may not have laundry facilities in a community building, and you might think you are willing to accept that as being good enough as long as you can have that swimming pol. However, you have to stop for a minute and picture yourself in the rain and/or snow, going back and forth trying to get your laundry done. If you live in an area where it snows in the wintertime, you are not going to be able to use that pool anyway. Chances are pretty good that if you rent apartments in Arlington VA without laundry facilities in your unit or your building, you will have many frustrating laundry days ahead.

Even though it is extremely tempting to sign a lease with a place that offers a low deposit amount, you also have to be careful. If you start with a really low deposit amount but incur damage charges you will have to pay when you move out, you are actually going to end up owing money that is going to have to come out of your pocket. There is a certain amount of clean up that residents are responsible for when they move out, and if there is any damage that was not pre existing or clean up was not properly done, they will be charged. On the other hand, what is nice about paying a larger down payment for a place is that when you move out of the apartments in Arlington VA, as long as you have done your clean up and have not caused extensive damage, you shouldnt have any problem getting that deposit money back from the complex.

Friday, March 2, 2012

Selangor Properties

Selangor or Darul Ehsan, or "Abode of Sincerity," is the most populous among the 13 states of Malaysia. Its state capital, Shah Alam is the first city in Selangor. In terms of GDP or Gross Domestic Product, it is the richest state in Malaysia; thus, it is known as the most progressive state among the 13 states of Malaysia.
Its industry focuses on commerce and agriculture and its growth and progress has opened up opportunities for the international factories to open in the area. Among these factories, that are now counted among Selangor Properties are Subang Jaya, Shah Alam, Klang, Kajang, Rawang, Selayang, and Ampayang Jaya. A lot of foreigners from nearby countries like Indonesia, China, Vietnam and Bangladesh have migrated to Selangor to work.

Although tourism has not been the focus of Selangor's progressive economy it has been also becoming popular because of the Sepang International Circuit, Sunway Lagoon and Kuala Selangor.

There are also a number of shopping malls that are visited by both tourists and local residents. Some of these Selangor Properties are The Curve, Ikano Power Centre, IKEA, Damansara Utama, Sunway Pyramid in Bandar Sunway, Mines Wonderland, Subang Parade, Empire Shopping Gallery and Summit USJ in Subang Jaya. There is also IOI Mall in Puchong, Bukit Tinggi and Bukit Raja Shopping Centre in Klang, Plaza Alam Sentral and SACC Mall in Shal Alam.

The industrial and economic progress of Selangor Malaysia has paved the way for the population to swell, as such, the demand for housing properties has also increased. Investors have also been lured to invest in Selangor due to its rapid technological growth.

If you are looking to buy or rent Selangor Properties, there is a standard procedure that you should study that applies in all of Malaysia. Some of the clauses of this SOP are:

• Pay 3% of purchase prices as initial deposit

• 7% of purchase price to be paid 14 days later

• 90% of the purchase price 3+1 month later.

Foreigners who are keen to purchase a property in Malaysia are subject to approval by the Foreign Investment Committee. You can visit their website, www.eju.jpm.my for more inquiries or call their hotline at (603) 8888 2929

Thursday, February 23, 2012

Manhattan Apartments- Best NYC Apartments

Everyone is aware of the fact that NYC apartments are very expensive. These apartments are out of the reach of the common mass due to the high prices. If you want Manhattan apartments, then it will be more costly. But it is not impossible also. There are various ways through which you can search for the best Manhattan apartments and lead a peaceful life.


 


There is a classified column in the newspapers where you must look for the best Manhattan Apartments for rent. These classifieds have some good deals and you can make the best out of it. But this has become an old searching process. But also you can find the perfect apartment for yourselves through the help of newspapers.


 


You can also check the local listings in order to get the best Manhattan apartments. You can go to the local places to see the available options. Going to these places will definitely give you good apartments but it will cost money also.

If you want to save your precious time and get an apartment soon, then checking the local listings is a good idea.

 


The best way to get the perfect living place is through internet. You can gather a lot of information's via internet. There are various sites that provide you these services. All you have to do is to make a profile and add your search criteria's. It will save much of your time and money. After selecting the best apartment, you can personally visit the place and finalize the deal.


 


 

Tuesday, February 14, 2012

Property Italy

When you think about this subject for the first time, it may sound a little bit too complicated, no matter how much you'd like to buy a property Italy. Your first thought is about locating a property finder, but you need to be able to understand each other. If you think that this can be a big problem, then you should forget about it, because now you have the opportunity to start a real estate search worldwide, not just locally or only in your own country.
Nowadays, real estate companies have developed their area of expertise and now they can help you with more than just the property search for example. Now, if you want to be helped in negotiation process, or if you need help in designing the interior of your house, you can cooperate with different real estate agents, even if it is a local or an international property, like a property Italy for example.

All you have to do is to make a quick search on the Internet and you will definitely find at least several options to choose from.
You may want to move into Italy for good or you can buy a vacation home there. If you like the mountainous area and a place real close to the water, then you will be more than satisfied with a property Lake Como. It is a really beautiful area with breathtaking views, so if you go there for the first time you will rather want to move there for the rest of your life. And now, because of the international network of real estate search, you are much closer to your dream than you'd expect.
There all kind of regions where the Real Estate Italy industry works really well. But the first decision for you to make is where you want to start the home search. Each property Italy has a certain charm, but you must not forget to respect the rules of finding the right house. For this reason, a homefinder from that area who can speak in your native language can be of great help. Also, after you find your dream home, you can choose to redesign the property Italy for your taste, without being forced to make lots of trips between Italy and your country.
Finding the right property Italy can be an elaborate process, but this doesn't mean that it should be tedious as well. The most important part is to find the right partner who can help you achieve your dream. If this condition is fulfilled, then the whole process should evolve smoothly. A professional real estate agent and all the other partners that you work with, will handle every detail related to the purchase of a property Italy with great responsibility. So, if anyone tries to give you less, than find another agent. It will be your home, or office and you deserve to be treated absolutely flawless.   

Monday, February 6, 2012

Budgeted Property

Affinity Solution Pvt. Ltd.
Presents
DLF Plots Sector 91 Gurgaon Project


Why Affinity:
Affinity Consultant is perhaps one of the few real estate consultants in India that offer you advice and assistance for buying homes and offices at NO BROKERAGE CHARGE. Whats more! If you want to resale the property you have bought with us, we are happy to assist you once again for FREE! We have special deals with the leadingdevelopers and builders of India and thus, can offer you special discounts on thebest properties in Delhi, Gurgaon, Noida, Mumbai, Bangalore, Hyderabad and other cities in India.

At Affinity Consultant, our property and real estate experts are well-versed with the client preferences and ins and outs of the real estate market. So, a deal with us means that you can rest about minutiae about buying or selling a property forever!

About DLF Group:
DLF Limited or DLF is Indias biggest real estate developer based in New Delhi, INDIA. It is impossible to discuss the real estate sector in India without giving a special reference to DLF Group. DLF stated as Delhi Lease and Finance in 1946 aimed at revolutionizing the Real Estate industry in the country. The DLF Group was founded by Mr. Raghuvendra Singh in 1946. Led by the visionary K. P. Singh in 1946, DLF began its journey from developing some of the initial Residential Colonies in the city. After the Delhi Government banned the private Real Estate and Residential Colony Development in Delhi, the DLF group is completely involved in the development of the city of Gurgaon and other areas in NCR.

DLF Plots Sector 91 Gurgaon Project:
DLF, its self id a name in a Real Estate Company Soon launching their awaited project. DLF Residential Plots in sector- 91, 92 Gurgaon. DLF residential plots offers 240 to 501 Sq.yds sizes. The much looked-for residential project, Gurgaon is conferment with the usual features of a typical DLF projects and once in a life time opportunity to own Plots. DLF Gurgaon residential plots is an integrated township with amenities like ample Car Parking, State of the Art Clubs, Sport Facilities, Offices, Shopping Complex, Malls, Senior Secondary School and many more.

DLF Plots Sector 91 Gurgaon Location:
DLF Residential Plots Strategically located on the Sector 91, 92 Gurgaon.

DLF Plots Sector 91 Gurgaon Rate Plan:
Type: Residential Plots
Size: 240 Sq.yds to 501 Sq.yds
Booking Price: 10 Lacs to 15 Lacs

For More Details Please Buzz us at: 09999684905, 09999684955

Full Details of DLF Plots Sector 91 Gurgaon Click Here:
http://dlfplotsgurgaon.affinityconsultant.com
http://dlfprojectsgurgaon.com/
http://dlf-plots.affinityconsultant.com
http://dlfnewprojectsgurgaon.affinityconsultant.com/
http://dlfnewtownheightsgurgaon.com
http://www.affinityconsultant.com/developer/dlf-developer-builder/33.html

DLF Plots Sector 91 Gurgaon Common Amenities:
Bank, School, Community Centre, Shopping Complex, 24x7 Power Backup, Landscaped Greens, Healthcare Centre,

For Booking and More Information Contact:
Affinity Solutions (P) Ltd |The Real Estate Consultants|
Customer Care: 09999684905, 09999684955
International Dial: 001-6469150050 (US), 0044-2030516831 (UK)
E-mail: info@affinityconsultant.com
Visit us: www.affinityconsultant.com

Sunday, January 29, 2012

Nigerian Properties - Affordable Properties in Ikoyi

The Law of demand and supply is one that even the most unschooled market women understand. If there is scarcity (low supply), prices go up as those who desire goods bid higher to ensure that they get them. On the other hand, if there are lots of goods available for sale, more than the volume of demand, prices drop as suppliers need to offload their stock.


A journey through Ikoyi will reveal as many as 16 building construction projects at various stages of completion.


In Old Ikoyi, which used to be the preserve of top Government officials, multinationals and embassy officials, supply of properties was restricted because those who owned the properties were not interested in selling them. That had the effect of pushing up prices and rental rates with rental rates as high as 0,000. The result of this was that most developments in Ikoyi were high end luxury flats, only for rent to those who could afford them.


In recent times however, things have changed.

The Federal Government of Nigeria sold over 800 of it's properties as well as over 4 high rise towers in the exclusive neighbourhoods. Embassies and High Commissions, which were moving to Abuja, also sold off their own properties. This ordinarily might not have had much effect on the market but as was discovered, most of the buyers of these properties were developers and investment speculators. The idea was either to buy the house on large acreages, demolish them and build high rises for lease or hold the properties as they were for a period and then sell them off.

The result of all the above is that Old Ikoyi has since become one big building construction site and there are several hundreds of undeveloped Ikoyi properties on the market for sale.


Pundits are of the opinion that due to market forces (supply of properties), a new class of estate developer will emerge that will target the middle classes with prices between N70 million and N90 million for flats or terrace houses.

These developers will in all probability not look at the rental market. Rather, they will target people who have a nostalgic hanker for an Ikoyi address. These developers will premise their strategy on the belief that the middle class will give up their compounds in VGC, Ikeja GRA and Lekki 1 for smaller apartments in Ikoyi. There will be a difference however, these 'middle class' properties will not be the high end type apartments with marble and granite finishes, swimming pools, gyms and other amenities but rather simple well built units. Their argument is that the Old Ikoyi market simply cannot accommodate all the luxury apartments if these are the only type of properties to be built there. The market has to be widened to accommodate the middle class.

Another group of analysts with a totally different opinion believe that those who own such properties have deep pockets and can weather the storm, waiting until they have the desired buyers/renters at the right price before dealing.


Who is right? Time will tell. But there is that tantalizing prospect that a new generation of Ikoyi landlords could just materialize.

Saturday, January 21, 2012

Allentown Apartments


Need to find an apartment in Allentown PA? There are many apartments to rent - studios and all the way up to 4 bedrooms, depending on how large your family is. You can affordable rentals online - many people like to start with Craigslist when conducting their search. You can also try Rent.com or Apartments.com - these 2 are very popular and you can search by all kinds of factors - prices, number of bedrooms, proximity to a location, etc.


If you are looking for some specific Allentown apartments, here are a few examples. The Tremont Apartments are very close to great shopping and restaurants and are just a short drive from the freeways - 22, 78 and 309. There is staff on site around the clock and you have easy access to public transportation.


Whispering Hills in Allentown, has a great design and offers 1 and 2 bedrooms at extremely affordable prices.

If you want units close to a park and great dining, then try these out by scheduling an appointment to go take a look.

The Riverbend apartments accept pets and you can choose from single bedroom units to double bedroom units. There are lovely trees that adorn the throughways between the apartment complexes, come look and you'll fall in love with these rentals.


The Allen Garden apartments are very close to the mall and excellent dining options. Just minutes from the Lehigh parkway, you can rest assured when you are there as there is on site staff 24 hours a day.


The Whitestone offers gorgeous views of the mountains and the the valley and is nestled into southwest Allentown. Find spacious one and 2 bedroom rentals available today!



Saturday, January 14, 2012

Properties Information

Consider unique note of any cracks below the damp evidence program as this may indicate key difficulties with the residence.

Out Buildings

Test the situation of any outbuildings linked with the property. That consists of sheds, garages, outdoor offices, barns, stables, toilets or anything else.

Alterations

Check the state of any alterations that have been produced to the home. Check extensions, loft conversions, basement conversions (be especially mindful of any difficulties with damp in basement conversions because, if they have not been constructed correctly, these conversions are notorious for damp troubles, ).

It is crucial that you test any applicable paperwork and make certain that things wherever completed according to developing rules and that preparing permission was obtained exactly where necessary. It is also a good notion to watch any present ensures or warranties the vendor has.

Internal


Is the property new assemble, established (older) or refurbished?
What is the common state of fix of the inside of of the home? Does it look to have been looked right after very well?
Is the decoration hoping to hide anything? Be mindful of ceilings painted in a dark colour that might hide some sinister key, these kinds of as, h2o damage, underneath the paint function.
Is there any kind of sound proofing in the ceiling, floors or walls?
Does the house have first functions that will add to its appeal?
What is the state of the Windows and what are they designed of? Are the Windows double glazed? Do they appear like they want replacing or repairing? Windows in disrepair can be good for aiding you to negotiate a more cost-effective selling price with the vendor.
Is there a damp evidence program. You can at times inform this by checking the walls outside the home. If there is a black line about two or three bricks up, this would commonly indicated that there is a damp evidence program current.

Other Things to Test

If you are attempting to be meticulous in your property survey, then you will likely also want to test the seven details on the record below.


What's the state of the fixtures and fittings in the property?
Is there central heating? How aged is the boiler? Are there documents offered to indicate the services heritage?
Is there a shared main water provide and has there been a water meter fitted.
Look at there is adequate ventilation in the home, specifically in locations such as the kitchen area and bathroom.
Does the electric provide have some sort of trip mechanism? How aged is it? Does it seem to be like it will have to have replacing or repairing in the near potential?
Consider and get a look behind any furniture or appliances that seem out of put. They may perhaps have been place there to conceal a problem lurking behind them.
You should really flush the toilets and operate the h2o to check out that the h2o drains absent effectively and to examine that there are no strange noises, this kind of as, a loud knocking when the drinking water is run.
It is just a issue of locating the appropriate company which is regional to you so can chill out in the information that your property is an asset creating you revenue and not a painful headache.

What is An Entitlement?

The definition of entitlement with regard to land improvement is the legal strategy of acquiring approvals for the appropriate to produce residence for a specific use.

Saturday, January 7, 2012

Property recruitment

Cavendish Careers London’s premier property recruitment agency. Founded by Kate Waller with the sole aim of supplying clients in the property sector with qualified and experienced professionals Cavendish Careers has built a reputation for providing property recruitment candidates to a range of blue clip and SME organisations throughout the London and Essex areas.

As an ambitious business Cavendish Careers has one singular aim in mind, to become the property recruitment agency of choice for the property sector in London. Our property recruitment agency offers a uniquely tailored service to each and every client. Together with our passion for property and general knowledge of the property sector we can guarantee a service that is second to none.

Cavendish Careers property recruitment understands the value of placing the right candidate in the right position.

We offer our clients the benefit of a wide range of skills, knowledge and professionalism which is as beneficial to our clients as it is to our candidates.

Once our property recruitment agency has placed you in your ideal career our commitment to you does not stop there. We endeavour to keep in contact with every one of our clients to make sure that they are happy in the role and progress sufficiently. This level of service extends for all our placements in the property recruitment sectors. No matter if you are taking your first steps in the property industry or have decades of experience we liaise with you constantly to make sure that our role is ideally suited to you.

Here at Cavendish Careers property recruitment agency we think that you’ll be pleasantly surprised by the level of professionalism and affordability of our service. We strongly believe in forming effective working relationships with each of our clients as we understand that this is the best way to identify the needs of both parties.

If you’d like to know just what Cavendish Careers can offer you, whether you’re a business or a candidate then come and visit us online at: www.cavendishcareers.co.uk.

Wednesday, January 4, 2012

Private Property Rights

A free society based on capitalism and freedom requires private property rights. These property rights are human rights. And such rights must be defined, appropriated, honored, respected and protected.

Land ownership includes a bundle of rights of many rights. A right is the exclusive authority to make a decision or determination of how land or a component or right in the land is used or not used and owned.

An owner of private property has the:

a. Right to use his land;
b. Right to rent his home or land;
c. Right to decide who the renter can be;
d. Right to decide how land or rights or portions of land can be used or not used as long as it does not harm society or the public;
e. Right to collect all rents the land produces;
f. Right to give, sell, rent any of the rights an owner has in the land;
g. Right to exchange or give away or sell at any price the owner wants to charge that a buyer or receiver is willing to pay or accept.
h. Right to exchange or sell the lands resources with someone willing to trade;
i. Right to have exclusive rights and use of the resources on the land;
j. Exclusive rights to use and choose which portions of the land and rights to use at any given time.

Restrictions and controls on private real estate obviously have a negative affect on a free country. The value of land and real estate is determined by the demand and desire of others. The highest and best use of the real estate or land is influenced by what the public perceives it is and what they feel they can do with it and what the highest value and best use is that the property commands. The owner gets the choice to either sell or rent for that highest paying use or may choose to allow or rent or sell for a lesser use for less money. Private property rights are the prevailing force of land control and control of natural resources in a truly free society rather than government control or control through destructive competition.

All property or real estate enjoys the same rights. Rights an owner has in real estate vary property to property even when next door to one another. The more complete the private property rights an owner has in his land, the more people understand those rights, the more people will pay or compete for a property with more complete owner's property rights, all other influences being the same. Would you pay more or less for 10 acres that you can never build on due to restrictive land use laws versus similar 10 acres you can build 10 homes on and you can build anything you want on?

Land use controls imposed by the government do not reduce the need for desire or demand for housing or land and devalue land that is overly restricted. Individual liberty are protected by private property rights. Private property rights are human rights.

Monday, January 2, 2012

Incentives, Acquisitions and Easements

Land conservation - the practice of holding land open and free of development - has become a significant real estate activity in the United States. Since 1988 voters across the country have approved spending around $54 billion on land conservation in state and local ballot measures, according to the Trust for Public Land. Additional private money is spent on conservation through non-profit land trusts and conservation by individuals and corporations. Land conservation has become an important component of smart growth efforts, as well as for environmental protection and recreational opportunities.

Understanding the purpose, various techniques available and other issues associated with land conservation is essential for real estate and appraisal professionals. Land owners may receive benefits for conserving their land, but must also be aware of costs and potential issues. Sale of land for conservation may have additional benefits. Land conservation programs can have significant impacts on real estate markets, valuation, and can affect the use of adjacent land as well as the land being conserved. Implications for long term maintenance cost, valuation and taxes may be complex and substantial.

Many land conservation actions attempt to preserve the land in a natural condition to achieve environmental benefits. Other approaches may intend to preserve agricultural use rather than a natural environment. In any case, the overriding objective is usually to work cooperatively with property owners to limit urban development in order to achieve other public goals.

Land conservation actions can be as simple as an individual landowner deciding not to develop land, but instead preserve the natural environment. Land conservation can occur with relatively simple easements on private property that prevent future development. Easements can be sold, exchanged for other land, provide tax reductions, or granted for a variety of other considerations. Conservation can also occur through fee simple purchase of land. Purchase might be based on the full market value or for another negotiated value allowing some continued use or tenancy by the seller.

Government agencies are typically involved in land conservation efforts. Other non-governmental organizations (NGOs), such as non-profit land trusts and other conservation organizations may be partly or solely involved. In more complex circumstances, all the governmental and NGO entities and available tools may be used in some combination to conserve larger properties or areas.

The basic conservation tools are:

Personal action - efforts on the part of individual land owners to conserve their land because it benefits quality of life for themselves and the public. Historically, farming and ranching has maintained open land as an inherent part of the land use. Today, some individuals are acquiring and operating farms and ranches specifically for conservation purposes. Ted Turner is perhaps the best known, and is the largest private landowner in the United States. His working ranches are economically viable businesses that simultaneously support conservation goals, including water resource management, reforestation and reintroduction of native species.

Land acquisition - fee simple purchase of the land by government, land trusts, other conservation organizations or voluntary donation by the property owner. An acquisition example is the Richardson's Bay Sanctuary, located on the edge of San Francisco Bay in California. The Audubon Society purchased submerged and upland areas to provide habitat for wildlife and migratory water birds.

Conservation easements - these are legally binding agreements that limit uses and development of a property and protecting the ecological values of the property for public benefit. This is accomplished through either through voluntary sale by the property owner or grant. Conservation easements are the most commonly used conservation tool. Anyone interested in participating in a conservation easement should carefully review the conservation easement information found through state and local government resources, including a detailed review of the policies and procedures.

Financial incentives - other benefits provided by government to the property owner to conserve the land, such as special tax districts for open lands, tax rate reductions or deductions, or allowances to transfer the development potential to another location. Financial incentives typically work in combination with other tools such as conservation easements. Financial incentives such as reduction of inheritance taxes may be essential for land owners to maintain an existing use, such as farming or ranching and pass the land on to descendants.

Risks Associated With Land Conservation

All parties involved in land conservation assume some risks, such as:

  • Property owners entering into conservation easements limit the future use of the land; in most cases they won't be able to change their minds later. Tax benefits of conservation might be initially attractive, but future legislation could change those benefits. Depending on the structure of the easement, the land owner could be responsible for some maintenance with unanticipated costs.

  • The easement holder, such as a land trust, pays the cost of acquiring the easement, and may assume obligations to enforce the easement and, again depending on the specific easement, long term maintenance. They run the risk of unanticipated long term costs, and maintaining a cooperative working relationship with the current and future land owners. Unanticipated impacts to the easement area might reduce the value of the easement.

  • The public may risk similar unanticipated long term costs, as well as affects on tax base and revenues. In some cases acquisition of open space land may unexpectedly limit some future options if adequate long range planning is not first done.

Management of these and other risks indicates that all parties should exercise caution, and consult with appropriate professionals. The services of attorneys, accountants, appraisers, REALTORS and land planners may be needed, as well as coordination with government agencies and conservation organizations. The unique attributes and complexity of land conversation issues highlights the need for experienced professionals.

Summary

  • Planning for large scale conservation must consider implications to the local tax base and revenue; if public land acquisition is the preferred approach, the tax base may shrink with less private land, but remaining private land values may increase, providing an offset.

  • Property owners donating conservation easements may qualify for property tax reductions and income tax deductions; they should be cautious about ensuring they meet all applicable guidelines for claiming tax benefits.

  • Conflicts can result between active and passive recreational uses of open space; conservation actions should clearly identify the purposes of conservation and the uses consistent with those purposes in order to avoid conflict.

  • Long term maintenance of open space is a significant cost consideration that should be included in any conservation action.

Make sure that any professional you are working with is well educated in both the process and the law before engaging them in any conservation easement action.