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Some places in the UK saw their house price reach the peak that it did back in the good old days of 2007, others however saw their house prices drop. Islington in London saw its house prices rise to the peak levels of summer 2007 and was the best performing location in 2010. They saw price rises of 11.7%,quite impressive. Islington prides itself on having quaint cafes, antique shops, Georgian houses and independent shops. Unsurprisingly many of the best performing areas are found in London, Camden also features in the list. Kensington and Chelsea saw double digit growth whilst Hammersmith and Fulham saw price rises of 7.9% which sees both boroughs back to their 2007 best.

Read more on Property Prices Back To 2007 High For Some…

Why Should I Bother To Have A Survey?

A familiar question posed by many of our clients.

Whether you are looking to buy a residential or commercial property it obviously represents a significant investment decision. Therefore by instructing your chartered surveyor to survey the property before committing yourself legally to a purchase, you are significantly reducing any risks. It will help you to make a considered and informed decision on whether or not to proceed with the purchase.

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The housing market in America is hurting to be sure. There seems to be a misconception that buying a home is something that we do only if certain factors are in place. Those assumed factors are that people buy a home because rates are low, or because a tax incentive is in place. Truth is; we buy homes for very basic reasons and those reasons arises from the same sources as always. The real reason people buy homes is because they NEED to. We get married, we have children, we get divorced, we “empty nest”, we need room for aging parents, we re-locate, we lose our job or we get a better job. The list goes on.

Read more on Get Paid to Buy a Home…

If you have the need to sell quickly, there are a number of companies willing to buy property, almost sight unseen. They buy houses for two reasons.

Number one, they are interested in making profitable investments. Number two, they realize that some people need to sell without delay, stress or the added costs of going through an agent.

Read more on Companies Will Buy Properties With No Hassles At All…

I can tell within about 60 seconds of speaking to a Buyer, whether they have been listening to Real Estate investing gurus or watching TV news articles about how to buy foreclosed properties cheaply. Usually the “educated” buyer will begin using the phrases, “I have cash and cash is king”, “banks want to move these properties”, “fifty cents on the dollar” tip me off to what usually ends up being a failed offer.

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A lowball offer is an offer that is substantially below the listing price of a house. If you are going to buy a house, you might as well try to get it for as low as you possibly can. For this reason people sometimes make low offers because you never know if the sellers will accept your offer.

Read more on Buying a House: Common Lowball Offer Mistakes…

A land transaction means a transaction where the legal title to a property changes hands, such as a sale, transfer of equity or gift (remortgages where there is no transfer are liable for duty) and the amount of duty payable depends on the actual consideration (purchase price) paid, the amount due being a percentage of the consideration, between 0% – 5%.

Read more on Stamp Duty Land Tax Rates and Reliefs…

House exchange between two parties could be either temporary or permanent. It’s usually temporary when both parties agree to swap their homes during vacations and other special occasions. On the other hand, it could be permanent when both parties decide to exchange their houses forever.

Read more on Permanent House Exchange Tips…

Buying property is one of the most complicated things in the world. It is not as they show in movies and serials, that someday a fine bright board will announce that the house is on sale, and within minutes, you shake hands with a person smartly dressed in formals and thank him for his work. It is much more complicated than that. In the world today, when so many people are desperate for money, you may find that you are in a very deep soup if you don’t ensure that the right conveyancing verifications have been carried out.

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Purchasing a home is one of our biggest dreams. This is why we should take our time and prepare for it, as there are many mistakes that buyers commit when purchasing a home. Do not let this happen to you. You can avoid such mistakes by making a checklist. Write the things that you should do and check before you purchase a house.

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I discussed a Notice of Interest in the previous article #8 with regard to its content and uses. A Memorandum of Contract is nearly identical to the Notice of Interest (NOI), with the exception that MOC is signed by the investor buyer and the homeowner seller. For anyone to record a document in the public record, the signatures have to be verified by a notary and at least one witness, in some states two witnesses.

Read more on Doing Real Estate Deals With No Money Using an MOC…

Dome homes come in a variety of sizes, but the shape is fairly standard: dome-shaped. The geometric architecture of a dome home is visually pleasing and the depending upon the type of construction, they can be resistant to wind, storm, earthquake, and insect damage.

Read more on Dome Homes Available Across The Country And In California…

Everybody loves to go to the beach. In fact, a lot of people love the beach that they actually live beside one. So why do people choose to live by the beach? Here are the reasons:

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It is often a concern with buyer’s that the Home Inspector referred by their Realtor is going to “rubberstamp” the home they are inspecting. As an Inspector for many years I have run into this concern, since many inspections have been referred to me by Realtors.

Read more on Is Your Home Inspector In Bed With Your Real Estate Agent?…

Growing up in Arizona has helped me realize that it is one of the best places to live. Phoenix Arizona is a wonderful city where you can build your dream home for your family. The real estate market in Phoenix is varied. It presents lots of options with regard to homes for sale and the purchase price. Making an investment in this market can be a great choice for the reason that the home values are expected to climb in the future, thereby generating excellent industrial equity rate or value. Despite where you live, I’ve compiled a few good tips to help a home buyer when buying a home.

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Whether you are buying a holiday home for pleasure or letting, retiring or moving abroad, or already own a home overseas, you should make sure that you take specialist mortgage advice. The house-buying process varies considerably from country to country, with different legal systems and local customs.

Read more on How to Buy Your Dream Home Abroad…

Thanks to the subprime mortgage mess, no down payment homes are a thing of the past. Actually this is great news for potential homebuyers as it shows that lenders are taking a bit more responsibility by offering less risky mortgages. Despite that silver lining, those interested in buying a house and taking advantage of the historically low interest rates need to have a lump of cash to begin the house buying process.

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There are many aspects affecting a home purchase. In order for these processes to go smoothly, you need to understand them. One of the aspects of home purchase you need to understand is escrow. What is an escrow and why is it essential?

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Looking for a house to purchase can sometimes be a difficult process. It will sometimes take months to find the right home. When looking for a new house, timing is everything. Many people want to know when is the best time to purchase a house. There are some things that can help people decide when to start their search.

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To avoid unnecessary closing costs you have to become a savvy home buyer. In order to do this you need to understand your Good Faith Estimate. Many of the fees on this document may be similar to other ones listed. For example, courier fees and overnight delivery fees may actually be the same fee, so question any fees that look similar.

Read more on How to Avoid Unnecessary Closing Costs?…