Investing In Condominium Real Estate In Pattaya, Thailand
Purchasing a condo when it’s in the pre-construction period might seem a little too hasty. Common elements rules are simply rules for the use of the common elements (for example, the number of guests you can have in the pool, at what time and on what days). These units might be rented yearly, like an apartment, or they might be rented out weekly for vacations.
4. Investment perspective: From an investment perspective both condos and apartments are considered to be great. Most condos are well-cared after, sometimes showcasing exquisite designs, modern appliances, and high-end finishes. Another important aspect is that most apartments cater to a middle-class income group while condos can vary from middle-class to high-class income group.
You must also keep the condo maintenance fees in mind. Unlike an apartment, however, condo owners pay monthly dues to keep these amenities operating and in good condition. In order to manage …
Thanks for visiting our site! Sometimes, a borrower may intentionally stop paying the mortgage because the property might be underwater (in other words, the amount of the mortgage exceeds the value of the home) or because he’s tired of managing the property. Yes, you may get the house with no cash down but the money needed for the repairs may be unrealistic.
Cutler Commercial and its team of professionals specialize in providing Sales, Leasing and Property Management for commercial, industrial, office, retail, land, and multi-family in the Phoenix Metropolitan area. If you are planning to put up your own business center in this city, well there are lots of office spaces in Miami commercial real estate that you can choose from. Owners are looking for agents and brokers who know the marketplace and have readily available records information about companies and investors that are looking to make immediate decisions on properties they require, own, or occupy.
Are you a new investor? If all else fails, many homeowners in foreclosure or facing financial collapse are clearly insolvent right now (owing more than their assets are worth), so a Chapter 7 bankruptcy might be used to eliminate unsecured debt (such as what they owe the creditor discussed in this section) and allow them to keep their home.
There is an endless list of foreclosed homes out for sale in the market today. While an REO bank may only require a 10% down, the mortgage lender may require up to 25-30% down, depending on whether the property is commercial or residential. My real estate agent , who makes commission based on my purchase, wanted me to offer an amount very close to the asking price so that he had a definite sale.