real estate infos

Archive for June, 2010

New Vs. Used Home

10 Reasons Why New is Better

Everything in your new home is new so there are no worries about expensive repairs such as the roof foundation etc. New homes come with a builder warranty and there are also usually warranties for new appliances and systems such as air conditioning. With a used home prepare to repair as the old saying goes. This is especially true if your inspector doesnt catch every problem or if the previous owner has tried to hide faults.

Most homebuilders can help buyers with down payments and closing costs. Builders can also help buyers repair their credit and find affordable financing.

Todays new homes have the latest energysaving features including insulation doublepaned windows and highefficiency air conditioners. They use much less energy than older homes and that can mean big savings on utility bills for your new home in Houston Texas.

You can personalize a new home to your familys tastes and needs. You get to choose your paint color carpet cabinets etc. In many cases you can customize the floor plan by adding an extra bedroom or bathroom.

You know who built your home. You can check out a builders reputation before choosing that company.

New homes must adhere to local building codes and regulations so they are safer and better built. For example they have modern electrical systems. They also must meet the strict criteria imposed by today’s mortgage companies. This can result in lower insurance rates.

In a new home you can usually include the costs of upgrades such as adding an extra bathroom into the primary mortgage loan which has the best interest rate. With a used home costs for remodeling or added features must be paid in cash or with a second loan at a higher interest rate.

New homes have floor plans designed for the way families like to live today. Large family rooms are open to the kitchen so everybody can socialize. Other modern features include walkin closets bathrooms with double vanities media rooms and enough secondary bedrooms for the entire family.

Todays new homes are healthier no longer using asbestos lead formaldehyde and other materials that can harm your familys health. Todays building materials such as brick and Hardiplank siding are more durable making your new home in Houston Texas able to resist rot and insects.

In a new community neighbors tend to get to know each other better since they all moved in at about the same time.

About the writer:  Lisa C. Zapalac Principal Partner and VP Public Relations for http://www.casanuevaguide.com has been actively working in the real estate and business industry since 1996; prior to opening her own public relations company Zapalac was named editor in 1991 for the Houston Chronicle Homeline and Real Estate sections.

New Homes Quickly Establishing Top Subdivisions

If you are seeking out the best new places to live in Texas then the worldrenowned Houston is the city to start with.

They say everything is big in Texas and this city certainly lives up to that legend by being the largest city in the state of Texas the fourth largest in the US and claiming a population of 5.5 million.

Searching out new homes should be a veritable breeze in Houston. New Homes here boasts a ton of current real estate developments but some historic neighborhoods that marry the new with the old.

Residing in this city are some of the top subdivisions. In Texas the city of Houston offers amazing amenities acreage and modern features that give you big city living mixed with western appeal.

For luxury living River Oaks offers the best of the best in Houston. New homes here are definitely one of the top subdivisions. In Texas River Oaks has approximately 1400 properties and is on the more affluent end of neighborhoods in the city of Houston with homes ranging from 1 20 million. Close to every major thoroughfare the community has enviable amenities like a country club that operates its own private security force.

Tuscan Lakes is a subdivision that has a slew of homes in Houston. New homes are located right off of League City Parkway the master planned neighborhood features approximately 1800 single family homes multifamily residences commercial and retail sites.

Residents also lay claim to easy access to I45 and nearby medical centers police and fire protection. Another of the top subdivisions Tuscan Lakes is near excellent school districts and convenient shopping restaurants and entertainment. Most homes are affordable starting in the 150′s. Therefore they are among some of the best new places to live.

In Texas last but not the least of the top subdivisions is Kingwood. A 14000acre masterplanned community located in northeast. Known as the “Livable Forest” it is the largest masterplanned community in Harris County the second largest within HoustonSugar LandBaytown area. Kingwood is divided into 28 neighborhoods called “villages.” Most villages have a neighborhood pool providing free access for village residents and various villagespecific services.

Continuing to grow will be the list of the best new places to live. In Texas this list will continue to grow as its thriving real estate climate continues to flourish especially in Houston. New homes here are well sought after and in high demand a fact that has many in real estate sporting a Texas sized grin!

About the writer:  Tuscan Lakes is built on the premise that the dream of a simpler life surrounded by the soothing beauty of the European countryside can be realized every day not so far away. Visit http://www.tuscanlakes.com/ for more information.

More On Property In Morocco And How Profitable Is It Really?

As some property markets have been experiencing a ‘tightening of belts’ when it comes to investment in international real estate over the past twelve months other property markets have been experiencing just the opposite turn of events as these markets proved profitable and of interest even when the global credit crunch has crushed others. Morocco is one such market and even in 2008 property in Morocco is proving more and more profitable as the say’s go by…

Morocco has been named by many property experts as one of the markets that has helped them remain in a strong financial position throughout 2007 whilst other global names are lining up to invest money into property in Morocco in 2008. These facts should give individual investors maximum confidence in Morocco as a location to be considered for investing in property.

A popular property company has recently released data showing how they “achieved a 3.2 year on year rise in profits and Jordanian based property developer Mawared is hoping that it can also use the Moroccan market to increase its profits from 2008 onwards.”

In response to this fortuitous time “Earlier this month the developer signed a massive joint venture with the largest state fund in Morocco to develop projects in the likes of Fez and Tarfya in southern Morocco. The developments combine residential real estate and leisure based commercial properties into mainly tourism and international property buyer focused centres.” Yet another positive turn about for Morocco.

As was mentioned by property experts “Mawared are not only banking on the fact that Emaar have proved that property in Morocco remains profitable but quite possibly they are banking on the impressive numbers coming out of the Moroccan tourism market as well.”

In a statement made by the Tourism Minister Mohamed Boussaid recently the minister advises that “the tourism sector generated in the region of 5.27 billion Euros in 2007.” A further indication that there is indeed potential and confidence in Morocco after all.

Were you to ever wonder whether the property market in Morocco was secondary in any way to ‘the government to the economy and to the future successes of the nation’ you would be sorely wrong as was specified by a recent report from MAP the Maghreb Arabe Presse in Rabat which is in direct support of this fact showing just how strong a contributor real estate is to the economy in Morocco.

As is expected by all investors and wouldbe investors of property in Morocco Morocco’s Vision 2010 blueprint for the nation is set to further encourage and persuade investors that Morocco is the choice of the season and an excellent investment choice at that!

The plan broken down is as follows: “A very significant and longterm strategic part of this plan is to improve tourism numbers so that they reach an annual sustainable average of 10 million by 2010.”

Recently resorts being developed are set to ‘combine hotel accommodation with privately owned accommodation hence the massive and undeniable correlation between desired tourism growth and the development promotion and desired success of the property market in Morocco.’

The Moroccan government is so committed to the development of exclusively desirable real estate within these key resorts that it has agreed to plans with Dubai based Emaar Properties to ‘develop at 6 destinations across the nation.’

This particular partnership will see to raising the profile of Morocco. The country’s commitment to the development of exclusive and truly sumptuous resorts ensures that interest in the Moroccan property market remains intense as it is already ‘returning positives for real estate as a contributing sector to the overall economy.”

The aforementioned report from Maghreb Arabe Presse was based upon information supplied by the Housing Minister of Morocco Ahmed Toufiq Hejira.

This particular report indicates that “since property became such an important part of the nation’s agenda for economic diversification and expansion foreign direct investments into property in Morocco have reached 0.91 billion U.S. dollars from 245 million dollars back in 2002. What’s more there has been an almost 33 increase in the numbers of jobs in the construction industry in the same period.”

It is important for us to point out that through all of these fiscal fundamental changes and upgrades; the Moroccan government has definitely NOT lost sight of the plight of its own people.

Whilst there undeniably and undoubtedly many individuals and groups that are benefitting from the increased underlying affluence of the nation at present the government in Morocco is currently also implementing the construction of low cost housing whilst providing access to funding for greater numbers of its people to ensure that the divide between the rich and the poor does not become an unbridgeable gulf that only the rich and wealthy can afford to cross.

All in all one can safely assume that Morocco as an emerging economy and property sector is doing all it can to promote a healthy balanced desirable and lucrative property market and economy as a whole.

About the writer:  Commercial property investment is a vital task; hence determine the property market value before investing in it in order to ensure a profitable investment move in terms of capital gains and rental income. KISCL program will assist in the dealings visit http://www.kiscl.com.