The Pros and Cons of Living in New Jersey
July 25, 2008
If you are thinking of moving to the garden state, the following article reviews some of the benefits and drawbacks of living in New Jersey. Situated on the East Coast with close proximity to New York City and Philadelphia, New Jersey geographically rests in an ideal commercial crossroads location. As a result, the economy is very strong and diverse. For example, rather than capitalizing on one industry like many other states, New Jersey is home to printing, electronic, health care, retail, service,... Read more »
How California’s New Programs Will Work For The First Time Home Buyer
July 24, 2008
The program launched by California’s Governor reduces the interest rate on 30 year fixed mortgages to a below market rate. This is aimed to help the first time home buyer purchase targeted foreclosed homes in certain areas of California that has been hit hard by the foreclosure crisis. These homes are reduced to bargain prices to make them more attractive to the first time home buyer. First time home buyers purchasing a home to live in as their primary residence are eligible for the program.... Read more »
TIC: Qualified Intermediaries Will Complete Required Legal Formalities With Regard To 1031 Exchange
July 24, 2008
TIC: Qualified Intermediaries are usually referred to as 1031 Exchange Accommodators by anyone engaged in real estate business and some even call them the 1031 Exchange Facilitator whose main functions are to complete the required legal documents so that all applicable laws as well as regulations and even rulings are complied with. In fact, there are no doubts as to how important are the needs of assigning TIC: Qualified Intermediaries into each Sale and Purchase Agreement or Contract and also Escrow... Read more »
TIC Securities-Licensed Registered Representatives Can Only Handle TIC Interest Transactions
July 24, 2008
Unfortunately, in these present times, there is continuing tension existing between the real estate industry and also the securities industry with regard to which industry must have control over the selling process involved in transacting TIC interests, and the reason for this tension has a lot to do with the IRS determining that TIC interests should be treated as real estate and not as securities for the purpose of computing taxes. Thus, many people are given to believe that TIC interests could... Read more »
Tenant In Common: Securities Or Real Estate: A Matter That Is Open To Interpretation
July 24, 2008
Mostly, people that make TIC (tenant in common) investments will have 1031 exchange in mind and even though TIC as an industry is just a small part of 1031 market, it is still increasing at a good rate and thus worthy of serious consideration. At present, TIC can be brokered either as a securities or real estate transaction and thus there is a grey zone that exists with regard to whether Tenant in Common is Securities or Real Estate. Securities Or Real Estate Dealers/Brokers There are a few organizations... Read more »
Working With TIC: Asset Type Prognostication
July 24, 2008
There are a few different real estate investments to choose from, but one that offers the most value and least risk is the TIC. The TIC or tenants in common investment is also known as the 1031 exchange, and is an essential instrument maximizing capital growth of real property assets. In terms of the investment opportunities offered by the TIC, this includes a signature deed trust, fractional ownership, zero e fund, and signature equity. Tax Deferred Exchange The sale of an investment asset, real... Read more »
Japan’s Slowdown Attracting Foreign Investment
July 24, 2008
As investor confidence lowers in correlation to the rest of the world, there has been a noticeable slow-down in the Japanese property market. Rents which have been soaring in Tokyo for some years now are finally slowing down. There has been uncertainty in the market generally, with most investors going for low risk and low return investments. Shares and property have flooded the market for some time now, and large foreign investment firms are picking up the pieces. There have been recent drops as... Read more »
The Pain of Closing Costs
July 23, 2008
Closing costs can be one of the trickiest things new home buyers face when purchasing a property. It is the hidden costs and surprise jack-in-the-box that pops up just as your hopes that the purchase is finally complete and have been set in place. Closing costs are the reason that many people turn to alternative methods for selling or buying a home, such as with For Sale By Owner or just listing it on a free advertising space online like Craigslist. While it might seem silly to let your home sale... Read more »
Why Buy Property In Iraq
July 23, 2008
There are many reasons that people choose to invest in foreign property. For most it can mean the start of a whole new life, often somewhere hot and relaxed and the chance to live out their dream. It then becomes a cheap holiday spot for friends and family who will descend on you at all times of the year and you will never be alone. Never! So, where to invest in a foreign property that will stop all but the keenest of family visiting? Well, how’s this for an idea? Buy a foreign property in... Read more »
Golden Rules For A Quick Sale Of Your Property
July 23, 2008
Once you have put your property up for sale it is often the case that it will spend an age sat on the market. To reduce this time there are certain tactics and methods that can be employed. Ultimately you need to realise and recognise the prices of similar properties in the area and arrive at a valuation figure that is not only fair, but also attractive to buyers. It is the buyers that will determine the price of your property, no matter what you think of your home, unless the buyers see the same... Read more »
