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Tuesday, March 4, 2008
A Favourite Place In France Is The Capital Paris
If you are looking for property in the City of Paris you have to remember that, after Manhattan, it is the most densely populated area of any western country. The city itself squeezes french property for sale over two million people into an effective area of around 90 square kilometres, giving it a population density of over 20,000 people per sq.k, with some areas containing a ratio of over 40,000. Perhaps surprisingly to people who are unfamiliar with this wonderful city, there are none of the high-rise residences of many a capital city, these being prevented by the 19th Century building regulations and planning restrictions. The areas of tall buildings are largely restricted to areas outside the city itself. The area of metropolitan Paris or the Isle-de-France as it is known however is much, much greater and encompasses many different geographical features and types of building to cater for a total of around 11 million inhabitants. There is a cornucopia of accommodation available, but finding the right property for you is always a hard choice. Prices fluctuate extraordinarily between one building and the next in popular areas, and the prices in the commuter belts are often concomitant with ease of transport. The city itself is split up into 20 arrondissements for administrative purposes. This system of administration started in 1795 with 12 and being expanded in 1860 to the present 20. They are numbered simply from one to twenty and are arranged in a clockwise spiral from the centre, similar to London s EC1, W1 and so on, but known as the 1st, 2nd, 3rd and so on arrondissements. The city of Paris we see today is the result of a vast and intense remodelling during the mid-19th Century which resulted in the demolition of much of old Paris and the rebuilding of the city to neo-classical proportions reliant upon strict planning and building regulations. Many of these laws are still in force, such as the alignement law regulating the height of buildings in relation to the width of the street. Paris has managed to retain much of its special charm due to these many laws and regulations; however they are a subject which should be studied before you contemplate severe renovation of property you are thinking of buying in the city. If you are looking property for sale in france to live in Paris in a house, apartment, flat or even house-boat you have lots of choice, but like most other major cities the closer you get to the city the more expensive you are likely to find it. The ever-present necessity of either sacrificing space for convenient location or putting up with travelling further to your work is as true of Paris as of most large western cities. There are many special things about the city of Paris and its environs that ensure it is the biggest tourist attraction in the world. Most would-be property owners in Paris therefore have to budget accordingly.
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Saturday, March 1, 2008
The Rebirth of Wallpaper
Somewhere around the year 200 B.C., the Chinese became the first people to use paper to decorate their walls. In the 1700s, wallpaper came to the United States, where it grew in popularity well into the 1900s. After reaching the zenith of its popularity in the mid twentieth century, people began to strip down the walls to go for a more minimalist look. Since the late 1980s, wallpaper has been sneered at and considered solely the domain of the old-fashioned and the tasteless.
In the 1990s, home makeover shows became increasingly popular, and typically one of the main obstacles to redecorating included the presence of wallpaper. Interior designers would enter the house and see unrelenting floral patterns from floor to ceiling, staring smugly at the designer, secure in knowing the power of paste and water. A look of sheer horror would wash over the designers faces. No self respecting designer could allow the abhorrent paper to stay.
In order to keep up with the times, the wallpaper needed to be stripped down, scraped off, and the walls given a fresh coat of paint. This process involved a steamer, a scraper, and a lot of elbow grease. In fact, it was watching the homeowners toil over its removal that made for entertainment. Some owners chose to simply paint over the wallpaper rather than attempt to remove it, but this technique met with mixed results.
Typically by the time the paper was successfully exorcised from the home, the owners would admit their wrongdoings and vow never to make the mistake of bringing in the sticky stuff again. Viewers did well to heed this advice themselves, and soon wallpaper became interior design s dirty little secret.
Once all the paper had been removed from American homes, and interior design shows continued to take over television screens, neutralizing the family space became top priority among homeowners.
But now, after having several years of impersonal design, homeowners are starting to long for a home with character and individuality. They want to make their mark, and have their home stand out from the crowd.
As part of this new trend to reclaim personal expression, wallpaper is making a valiant return to interior designers good graces. Wallpaper is now being featured in major design publications, and even appearing on their former nemesis: the home makeover show.
Chic patterns and innovative materials are taking over the wallpaper world. Magnetic wallpaper, digital photography, and 3D images are just some of the new features coming out.
In addition to traditional wall-to-wall coverings, wallpaper is also being used to add punch to otherwise neutral rooms. Current trends include papering just one wall and using it as an accent wall, or setting off a focal point in the room such as an elegant fireplace.
Many home designers are discovering how fun it can be to use wallpaper in innovative ways. Framing squares of wallpaper can create instant, yet tasteful artwork. Covering a plain lampshade can give it personality. Think outside of the box, and wallpaper can be a powerful new tool in your home decorating arsenal.
Stephen Proski is a Designated Broker, Accredited Buyers Representative (ABR) and a Certified Residential Specialist (CRS). Stephen specializes in Scottsdale Arizona real estate. Search the Phoenix Arizona MLS today!
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In the 1990s, home makeover shows became increasingly popular, and typically one of the main obstacles to redecorating included the presence of wallpaper. Interior designers would enter the house and see unrelenting floral patterns from floor to ceiling, staring smugly at the designer, secure in knowing the power of paste and water. A look of sheer horror would wash over the designers faces. No self respecting designer could allow the abhorrent paper to stay.
In order to keep up with the times, the wallpaper needed to be stripped down, scraped off, and the walls given a fresh coat of paint. This process involved a steamer, a scraper, and a lot of elbow grease. In fact, it was watching the homeowners toil over its removal that made for entertainment. Some owners chose to simply paint over the wallpaper rather than attempt to remove it, but this technique met with mixed results.
Typically by the time the paper was successfully exorcised from the home, the owners would admit their wrongdoings and vow never to make the mistake of bringing in the sticky stuff again. Viewers did well to heed this advice themselves, and soon wallpaper became interior design s dirty little secret.
Once all the paper had been removed from American homes, and interior design shows continued to take over television screens, neutralizing the family space became top priority among homeowners.
But now, after having several years of impersonal design, homeowners are starting to long for a home with character and individuality. They want to make their mark, and have their home stand out from the crowd.
As part of this new trend to reclaim personal expression, wallpaper is making a valiant return to interior designers good graces. Wallpaper is now being featured in major design publications, and even appearing on their former nemesis: the home makeover show.
Chic patterns and innovative materials are taking over the wallpaper world. Magnetic wallpaper, digital photography, and 3D images are just some of the new features coming out.
In addition to traditional wall-to-wall coverings, wallpaper is also being used to add punch to otherwise neutral rooms. Current trends include papering just one wall and using it as an accent wall, or setting off a focal point in the room such as an elegant fireplace.
Many home designers are discovering how fun it can be to use wallpaper in innovative ways. Framing squares of wallpaper can create instant, yet tasteful artwork. Covering a plain lampshade can give it personality. Think outside of the box, and wallpaper can be a powerful new tool in your home decorating arsenal.
Stephen Proski is a Designated Broker, Accredited Buyers Representative (ABR) and a Certified Residential Specialist (CRS). Stephen specializes in Scottsdale Arizona real estate. Search the Phoenix Arizona MLS today!
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Wednesday, February 27, 2008
Buying Your Piece of Vegas
With its thriving economy and steady market growth, buying in property in Las Vegas is a solid investment. Still, buying a property of any kind can feel overwhelming especially if you are a first time buyer. As a Realtor I ve been through this transaction over and over again, and I know that, armed with the right information, this will be a rewarding and satisfying experience for you.
The first step in home buying should always be determining financing. Prequalifying for a mortgage allows you to shop confidently and know exactly how much you can offer. A prequalification letter gives the seller confidence that you are a serious buyer, which in turn lends your offer more weight.
Make a list of features that you are looking for in your ideal home. Decide which of these are essentials and which are things you would love to have, but can live without. Be realistic about this, because it will make your search easier. Also, you can look for things that you can change later. For instance, you might not find the perfect four bedroom place with hardwood floors, but if you find a great four bedroom home now you can upgrade to the hardwood floors in a couple of years.
When you have a good idea of what you re looking for, it s time to choose a Realtor who will help you through this process. You want to find someone who will represent you exclusively in the transaction. In Las Vegas, some Realtors are Dual Agents, which means they represent the buyer and seller. It s difficult, if not impossible, for an agent to represent both sides of the transaction effectively. Check out the market in your area, get listings from your agent and let people know what you are looking for your perfect property may not even be on the market yet. The Internet has made browsing as easy as clicking a button, but don t fall in love until you see the house in real life.
When you start viewing houses you may find they tend to meld together many people have difficulty remembering specific details. Taking along a digital camera to record the houses will help. It s also useful to make notes and give the house a grade out of ten, this way you can accurately compare properties when you get home. Narrow it down to your top picks and revisit your favorites if necessary.
When you ve got some top properties, check out the neighborhood. It won t hurt to get out of your car, walk the streets and talk to your potential neighbors. This will help you get a better feel for the area. Come back in the evening to see if the atmosphere has changed: do you feel safe? Weigh the pros and cons carefully, and try to be objective. Each person will have their own priorities: someone with children may consider the distance to schools, someone else may want cafes and cinemas nearby, while still another person is looking for a short commute.
When you ve made your decision your Realtor can help you through the process of making an offer. Buying a house is an exciting and rewarding process and with a little perseverance you will find the one that s right for you!
Mark Hostetler is a Las Vegas Realtor® who is dedicated to helping his clients negotiate the real estate market successfully. Known for his honesty and work ethic, Mark offers his service to buyers absolutely FREE. For more real estate tips visit Mark at www.welcomehomenevada.com or search his MLS listings for the perfect Las Vegas property.
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The first step in home buying should always be determining financing. Prequalifying for a mortgage allows you to shop confidently and know exactly how much you can offer. A prequalification letter gives the seller confidence that you are a serious buyer, which in turn lends your offer more weight.
Make a list of features that you are looking for in your ideal home. Decide which of these are essentials and which are things you would love to have, but can live without. Be realistic about this, because it will make your search easier. Also, you can look for things that you can change later. For instance, you might not find the perfect four bedroom place with hardwood floors, but if you find a great four bedroom home now you can upgrade to the hardwood floors in a couple of years.
When you have a good idea of what you re looking for, it s time to choose a Realtor who will help you through this process. You want to find someone who will represent you exclusively in the transaction. In Las Vegas, some Realtors are Dual Agents, which means they represent the buyer and seller. It s difficult, if not impossible, for an agent to represent both sides of the transaction effectively. Check out the market in your area, get listings from your agent and let people know what you are looking for your perfect property may not even be on the market yet. The Internet has made browsing as easy as clicking a button, but don t fall in love until you see the house in real life.
When you start viewing houses you may find they tend to meld together many people have difficulty remembering specific details. Taking along a digital camera to record the houses will help. It s also useful to make notes and give the house a grade out of ten, this way you can accurately compare properties when you get home. Narrow it down to your top picks and revisit your favorites if necessary.
When you ve got some top properties, check out the neighborhood. It won t hurt to get out of your car, walk the streets and talk to your potential neighbors. This will help you get a better feel for the area. Come back in the evening to see if the atmosphere has changed: do you feel safe? Weigh the pros and cons carefully, and try to be objective. Each person will have their own priorities: someone with children may consider the distance to schools, someone else may want cafes and cinemas nearby, while still another person is looking for a short commute.
When you ve made your decision your Realtor can help you through the process of making an offer. Buying a house is an exciting and rewarding process and with a little perseverance you will find the one that s right for you!
Mark Hostetler is a Las Vegas Realtor® who is dedicated to helping his clients negotiate the real estate market successfully. Known for his honesty and work ethic, Mark offers his service to buyers absolutely FREE. For more real estate tips visit Mark at www.welcomehomenevada.com or search his MLS listings for the perfect Las Vegas property.
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How To Make Money Optioning Special Properties
Optioning special properties is another way to make money in real estate that few people consider. However, it can be a way to get large profits from small investments. And the disadvantages? You will lose those small investments most of the time, and spend a lot of time hunting for the right properties.
Investing in real estate through options can be one of the most creative ways to make money. Here is one of my favorite stories which demonstrates the endless creative possibilities.
The Hilltop Investor
Creative real estate investing is mostly about solving problems. Radio stations, police departments and others have a regular problem. They need hilltops to put radio towers on. One creative investor spent his time solving this problem. Here is an example of how he did it. He got options on hill top properties for a few hundred dollars, then found those who needed them, and signed long term leases. With the leases in hand, it was easy to get financing to buy the properties. He invested a few hundred dollars to create years of income.
First, he found hills. Of course, usually the land on top was not for sale, but he talked to the owner anyhow. The owner might not be too interested in selling, but this investor would get him interested. How? By offering to possibly buy the land for more than it was worth.
Let s say that the owner estimated the value at $24,000. This investor would suggest that he might buy it for $30,000, but he needed time to arrange financing. He would give the seller $300 for an option to buy the property within six months. The seller, who hadn t been planning to sell anyhow, would either get to keep the $300, or get more for his property than he thought it was worth.
Now the investor had six months. He contacted radio stations, police departments, and cell phone companies that might need a hill to put a radio tower on. It is common practice to lease these properties on leases of ten-years or longer, for tax reasons, and to conserve capital.
Once the investor got a lease signed, he went to the bank. With a lease in hand, it was relatively simple to get a bank to lend the money for the purchase. As long as he could find a loan with payments that were a couple hundred dollars less than his rental income, he had good cash flow from day one. The leesee had to provide their own tower and other improvements.
What was his total risk? If he didn t find an interested party, he walked away, losing the $300 option fee. As I recall, he succeeded often enough to afford a few losses. Of course, in addition to any cash flow he could generate, he was gaining equity with each loan payment.
Other Option Opportunities
There are other special properties you can do this with. If you read Number 17, you understand the basics of how an option works. You can use options to control commercial property that is right for a fast-food restaurant or a car dealership. You can option a piece of forested land and then get quotes from timber companies to see if the trees are worth more than the purchase price.
You can also reduce the risk further if you approach this the right way. In the example above, the seller is willing to take just $300 for an option, but why? Because it is like free money. He might sell the land for more than it is worth, but if not he gets $300 for signing a simple contract. The fact that his property is tied up for six months isn t important to him, because he wasn t planning to sell it soon anyhow.
The lessons? If you want to get options at the lowest cost, start with properties that aren t yet for sale. These owners have nothing to lose by granting an option. Making the price at which the option is exercised (the purchase price) higher than the market value of the property is another way to get a low option fee accepted. Making the option for less time is another way to get an owner to take a lower option fee, but this can be risky - you need that time to find your buyer or renter.
There is a way to effectively have an option on a property without any fee at all. This is simply to make an offer on a property, with a contingency that let s you out of the contract. For example, if you make an offer, but make it "contingent on my partners approval within 14 days," you will get your earnest money back if your partner doesn t approve. In other words, you have a 14-day option to buy the property, but no option fee is lost if you don t.
This latter technique is perfectly ethical as long as you don t lie to the seller and you really intend to buy the property or assign the contract to some investor who will buy it. Of course, these kinds of contingencies are rarely accepted with a deadline of more than a week or two, so you have limited time to find a renter or buyer for the property.
Copyright Steve Gillman. This article was an excerpt from 69 Ways To Make Money In Real Estate. Want to know the other 68 ways? Visit http://www.99reports.com/make-money-in-real-estate.html
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Investing in real estate through options can be one of the most creative ways to make money. Here is one of my favorite stories which demonstrates the endless creative possibilities.
The Hilltop Investor
Creative real estate investing is mostly about solving problems. Radio stations, police departments and others have a regular problem. They need hilltops to put radio towers on. One creative investor spent his time solving this problem. Here is an example of how he did it. He got options on hill top properties for a few hundred dollars, then found those who needed them, and signed long term leases. With the leases in hand, it was easy to get financing to buy the properties. He invested a few hundred dollars to create years of income.
First, he found hills. Of course, usually the land on top was not for sale, but he talked to the owner anyhow. The owner might not be too interested in selling, but this investor would get him interested. How? By offering to possibly buy the land for more than it was worth.
Let s say that the owner estimated the value at $24,000. This investor would suggest that he might buy it for $30,000, but he needed time to arrange financing. He would give the seller $300 for an option to buy the property within six months. The seller, who hadn t been planning to sell anyhow, would either get to keep the $300, or get more for his property than he thought it was worth.
Now the investor had six months. He contacted radio stations, police departments, and cell phone companies that might need a hill to put a radio tower on. It is common practice to lease these properties on leases of ten-years or longer, for tax reasons, and to conserve capital.
Once the investor got a lease signed, he went to the bank. With a lease in hand, it was relatively simple to get a bank to lend the money for the purchase. As long as he could find a loan with payments that were a couple hundred dollars less than his rental income, he had good cash flow from day one. The leesee had to provide their own tower and other improvements.
What was his total risk? If he didn t find an interested party, he walked away, losing the $300 option fee. As I recall, he succeeded often enough to afford a few losses. Of course, in addition to any cash flow he could generate, he was gaining equity with each loan payment.
Other Option Opportunities
There are other special properties you can do this with. If you read Number 17, you understand the basics of how an option works. You can use options to control commercial property that is right for a fast-food restaurant or a car dealership. You can option a piece of forested land and then get quotes from timber companies to see if the trees are worth more than the purchase price.
You can also reduce the risk further if you approach this the right way. In the example above, the seller is willing to take just $300 for an option, but why? Because it is like free money. He might sell the land for more than it is worth, but if not he gets $300 for signing a simple contract. The fact that his property is tied up for six months isn t important to him, because he wasn t planning to sell it soon anyhow.
The lessons? If you want to get options at the lowest cost, start with properties that aren t yet for sale. These owners have nothing to lose by granting an option. Making the price at which the option is exercised (the purchase price) higher than the market value of the property is another way to get a low option fee accepted. Making the option for less time is another way to get an owner to take a lower option fee, but this can be risky - you need that time to find your buyer or renter.
There is a way to effectively have an option on a property without any fee at all. This is simply to make an offer on a property, with a contingency that let s you out of the contract. For example, if you make an offer, but make it "contingent on my partners approval within 14 days," you will get your earnest money back if your partner doesn t approve. In other words, you have a 14-day option to buy the property, but no option fee is lost if you don t.
This latter technique is perfectly ethical as long as you don t lie to the seller and you really intend to buy the property or assign the contract to some investor who will buy it. Of course, these kinds of contingencies are rarely accepted with a deadline of more than a week or two, so you have limited time to find a renter or buyer for the property.
Copyright Steve Gillman. This article was an excerpt from 69 Ways To Make Money In Real Estate. Want to know the other 68 ways? Visit http://www.99reports.com/make-money-in-real-estate.html
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