Wednesday, July 23, 2008

Say Goodbye to the Blues with Tampa’s Great and Sunny Weather

Perhaps every single activity and hot spot that Tampa Bay is known for was made to be enjoyed under the sun. And why shouldn’t it? Tampa boasts of a great weather for most of the days of the year, 238 days to be exact. So, that gives you 238 days to enjoy being out in the open, exploring Tampa’s many adventures.

Why don’t you veer from the winter activities that you often go to during the holidays? Give your vacation a new twist by basking under the clear skies and cooling off with the ocean breeze. You can do all this in Tampa Bay.

Tampa Bay only experience winter climates that are mild. You won’t have to be carrying those extra baggage winter clothes for you won’t need much of it when you are in the bay area. You can expect a perfect bronzed body when you go back home if you stay in Tampa.

There are great activities that you can enjoy under Tampa’s great weather. The beaches are both pristine and exciting. You can choose to lounge at the beachside or lose your breath with the many water sports to choose from.

For golf enthusiasts, Tampa Bay offers you the perfect solution. Tampa Bay boasts of golf courses that have plush grass, great landscape, and a cool breeze. This is one vacation you will be lugging your golf clubs along because you surely shouldn’t miss the golf courses you can enjoy while staying in Tampa.

Tampa has varied activities for nature lovers and outdoor enthusiasts. It houses the first ranked zoo in America. It has many gardens you can roam in, one of them being the famed Busch Gardens. You can even get a glimpse of the endangered cats in the world if you go to Big Cats Rescue. You can enjoy nature by visiting one of the many parks that can be found in this great city. Try the Florida State Parks or the Hillsborough County Parks and Recreation. You are going to enjoy the clear skies up above and the green grass down below. Who said that sand was the only way to enjoy Tampa? Surely you are to have fun at the Florida Aquarium. You don’t have to worry about rain to hamper your plans for the day! What you should be worrying about is where to go for the next 238 days of sun while you are in Tampa!

While you’re at it, what is a stay in Tampa Bay without experiencing one of its cruises? The cruise ships that are found in Tampa Bay will be off to offer you a trip bound for the Caribbean and even in Mexico. There won’t be harsh waves and rough winds to bid you farewell when you are in one of the cruises in Tampa Bay, you only have the cool wind to greet you a safe and memorable trip!

Tampa Bay is thankful for the great weather it is endowed with for it is the very reason most tourists flock to the city for. You can choose to enjoy Tampa Bay for a day or stay for the rest of your life. You will have a great home to live in, a stable financial situation to support a family, and great venues for your kids’ learning and development!

Monday, June 16, 2008

Cities Where Real Estate Prices are Expected to Significantly Drop

As a real estate investor, it is your duty and responsibility to direct your investment into assets that are strategically placed and located. You might need to check out your geography every now and then. That is because as an investor, you should always strive to take investments that you know would be sufficient and effective enough to bring about greater and more ideal returns.

When you invest in real estate on a global basis, it is natural for you to prefer several cities or countries than the rest. That is because the real estate in a country or city may not be as robust and enticing as counterpart real estate assets in other markets. As much as possible, you should stay away from markets where your investment could be at risk.

Investing also entails finding out which markets would have price increases and decreases. Real estate investment, just like any other form of investments, require investors to always strive and aim to buy at low prices and then sell at high prices. Thus, if you are considering buying homes or properties, look first at markets where there are currently lower prices. If you are already owning real estate assets, you should at the same time monitor whether the location of your property is in a place where prices are volatile and are highly risky.

Thus, it would be likely and ideal that you have ideas and knowledge about cities or countries where real estate assets are most likely to fall. If you are to buy properties, this could be a good guide as you gear your investments. If you already own assets in the involved markets, cautions and appropriate strategies should be implemented.

California in the United States is being tagged as posing the greatest threat to home prices. Experts, brokers and economists are positive that based on market trends and information, real estate prices in California are set to dip. Real estate owners could look at this as an unwelcome note, but they could still hold on and wait until the market rebounds. Buyers could start to look at the state for more real estate investment opportunities. California has enjoyed decades where properties have always been priced high. Now can be the time it balances out.

Moscow in Russia is currently the most expensive city globally. Costs of living and real estate prices are the most expensive in the Russian capital. That is why global property buyers and investors could hardly set their investments into Moscow. This is bad news for real estate investors who are already having assets there. Anything that is enjoying its position up must endure going down. For Moscow, a fall in the real estate industry is imminent and looming.

London in the UK and Seoul in South Korea are the second and third most expensive cities in the world. It follows that real estate prices are also high in these centers. Well, the downturns can be looming as well.

Wherever you set your eyes into for your real estate investment, always strive to set foot at markets where overall profitability and effectiveness could be apparent. The market would not cease to operate. It is just a matter of finding out when and how much the market is posing threats and opportunities to property investors like you.

Wednesday, June 11, 2008

Checklist for Real Estate Investments

Are you considering buying a real estate as a form of investment? You should be reminded that as an investment, there can risks and threats to real estate endeavors. While it is true that some real estate investors have really hit it high, there are also many of those who incurred losses because of inappropriate and unlikely property investments.

Real estate investments are surely providing steady flow of income and returns, only if they are appropriate, strategic and really sound. As a new investor, how could you guard yourself against unlikely real estate investments? It would be helpful if you would take a look at this simple checklist for real estate investments. If you would buy an investment property, better check out the following factors.

Location – Market valuation varies depending on the venue of the property. Of course, valuation of real estate in expensive markets is higher compared to similar properties located in cheaper and less lucrative markets. Globally, Moscow, London and Seoul are among the most expensive cities where valuations of real estates are at their highest. Properties in New York, California, Paris and Rome, among some, have always been on top of their ranges.

Tenant credit risk – You should know that the valuation of real estate can very much depend on the expected rental income of the property. If the real estate is not likely to generate significant rental income, then its valuation would surely decline.

Physical characteristics – When buying a property, check out the utility and type of building as these should affect valuation. Of course, condominiums are expensive compared to apartments because the formers are of course more secured, more developed and are provided with better amenities.

Tax implications – Real estate valuation is directly affected by tax implications. Take note that properties are imposed with stamp duties and property taxes, on top of the income tax, which could be computed from the capital gains and rental income.

Higher investment costs – Always remember that real estate investments are practically higher and more expensive than almost all other types of investments. For example, you can easily buy and own stocks. By just investing a few hundred or thousand dollars, you can already build up your own stock portfolio. That is not the case about real estate assets. Not too many people are able to invest in properties simply because they do not have appropriate resources to do so.

Legal issues – Most real estate investments are not as secured as stock investments. Stock exchanges secure and guarantee legitimacy and safety of investments. In real estate, such regulating body is not present, although a real estate regulator is exiting to rule about real estate practices and at times, prices.

Liquidity – Real estate assets are usually not easily and rapidly liquidated. Transactions cannot be completed overnight or within hours. Market conditions would have to be considered as they would influence and regulate the length and duration of the real estate transaction.

Sunday, May 18, 2008

Finding a Good Realtor

There are a lot of good Real Estate Agents out there who really do care about the success of your transaction and they just happen to get paid for it, too. It is when Agents get greedy and put the money before the person that they start to go “bad.”

Unfortunately the bad guys have fostered a bit of a bad reputation on the group as a whole, leaving the good guys in a position to have to work extra hard to prove their goodness and worthiness of your business. A good agent never puts the money first and sincerely is motivated by being a part of putting you in your new home and the impact that has on you.

So how do you find that “good apple”? It starts with a phone call. You have found a house you would like to see while browsing a website or set your sights on a certain company for one reason or another. You call an agent from that company to show you a house. Upon that first meeting, scrutinize the agent as much as the house! First off, if he rubs you the wrong way, don’t call him again. I am completely against putting agents to work and not getting them paid, but this first meeting is a freebie. Further, you owe it to yourself to find someone that no only doesn’t repel you, but whose company you actually enjoy! You are potentially going to be spending a lot of time with this person so set yourself up for a pleasant experience. Call someone different each time until you find one who appeals to you.

The day you meet the guy who appeals to you, start asking questions. Conduct an interview. Your Realtor is the biggest asset you have in this huge step you are about to make. Ask how long he’s been selling houses, does he like it, what does he like about it, ask about the philosophy of his company, what kind of pets he has, whatever. There isn’t really any right or wrong answers in most cases, but the WAY he answers is what you’re gauging. Is there a trust forming? If so, this is probably your guy. Start sharing a little bit about yourself with him, and what you are trying to accomplish. If you feel he has a good understanding, compassion, and has some good ideas to move forward, let him start looking for the houses and be sure to call him again when you need help.

To take it a step further, you will really get your Agent to bend over backwards for you if you sign a buyer’s agency agreement with him. This tells him that you understand that you are his top priority and to show your appreciation you are going to work with him and only him and whether it takes you three weeks or three months to find you a house, when you buy a house he will get paid for his time and resources spent. Now you’ve got two parties, mutual respect and enjoyment, house shopping together, negotiating together, and meeting challenges together. You have found your “good apple” and paved the way to a happy, successful transaction.

Wednesday, May 07, 2008

Feng Shui Experts Meet Tampa Homes

Feng Shui is a three thousand year old Chinese tradition that is focused on maintaining the balance and optimal flow of Chi or energy in one’s home. Feng Shui experts have raided the homes in Tampa, Florida and what they have to say is astonishingly remarkable.

In Feng Shui, in order for a house to receive the most optimal flow of Chi, various factors have to be considered such as the location of your home, its design, and where your home is facing. There also has to be a balance of all the elements used in a home or surrounding a home in order for it to experience a sense of peace, contentment, and even success.

Fortunately, you can find great homes that receive optimal flow of Chi in Tampa. Tampa is known for its wonderful and beautiful natural resources that surround the area. Each of the houses in Tampa is located in a great parcel of land which faces the beauty of the sun and the beach in all angles. It is this type of landscape that is well suited to receive optimal flow of Chi into one’s house. The area that surrounds each home in Tampa is already naturally a good place to garner Chi and this is a good factor for ultimately choosing a home. When a home is surrounded by wonderful energy, you can harness that energy and build a home surrounding it.

Tampa, in general, already has all the elements abounding it that is necessary to attracting Chi. The water element is provided by its wonderful beaches and serene lakes. The wood element, for instance, is provided by the plush scenery that can only be seen in Tampa, its beautiful gardens and parks and its amazing beachside palms. The fire element is provided by the gentle warmth of the sun that shines upon Tampa Bay. All these elements are found in moderation in Tampa, which is not only stunning but essential for harnessing the optimal flow of positive energy.

When one proceeds inside the homes of Tampa Bay residents, Feng Shui experts are instantly pleased with what they see. In Feng Shui, the entrance to a home has to be designed in a way that Chi or life force energy is welcomed from the most favorable direction. Entrances to Tampa homes are greeted by the beauty of what the city has to offer, more than enough direction to foster good energy.

Once inside the homes abounding Tampa, each and every room nurtures positive energy. The home offices are situated in an area where it is directed to receive achievements financially and career-wise. The bedrooms are strategically located in an area that corresponds to health, love, and marriage.

Though in Feng Shui, it is understood that each house’s optimal flow of Chi differs, generally speaking, the majestic aura of Tampa Bay itself, is much to owe for the generous positive energy that abounds the families of Tampa Bay. It is this life force that is responsible for the wonderful characteristics of the people in Tampa. Families in Tampa are happy, healthy, and financially stable, all due to the natural Chi that already resides in this great city.

Saturday, May 03, 2008

Renters worried about Foreclosure Threats

RealtyTrac, an online tracker of real estate released that foreclosure was up 57% in January since last January. These numbers only increase the fears of recession and the mortgage meltdown. Many renters are scared that they will be evicted from there homes with no warning or time to find a new home. This forces people to find affordable housing as quick as possible and can really hurt there financial situation because they have to move there stuff to a relatives house or storage until they can find a new place to live.

In most states the lenders like the bank and the landlord do not have to notify the tenant of the foreclosure and the tenant usually only finds out that they have to move just a few days or weeks before they are evicted. This creates a huge financial problem for the tenant and can sometimes screw up the life and credit of a normal good working person. This is because the cost off the eviction will total thousands and not too many people can spare that much money. When the tenant is evicted they usually will have to pay a fee just to be able to rent another property. Many landlords are starting to offer a plan called “keys for cash” where they will give you some money if you get evicted to help you out, but you should not care if your landlord offers this “plan” because the money is usually nothing more than a few hundred dollars.

Foreclosures are not just happening in the urban areas, today there are an increasing number of foreclosures in rural and suburban areas. The number of foreclosures is rising so high that the real estate market is going into meltdown leaving tenants out of luck with almost no warning to the problem.

Congress is voting on a new law that could allow make it so even after a rented property is foreclosed the tenant still has up to 6 months to move out. It passed the House of Representatives in November of 2007, and would not take effect until mid to late 2008, that’s if it becomes a law. Many are opposed to this law especially the lenders because they do not want to become a landlord just because that person rented the property out.

Saturday, April 26, 2008

Selling a Property Without a Real Estate Agent

Buying and owning a real estate asset is one thing and selling the property is entirely a different one. Owners of real estates find it tedious, exhilarating and frustrating to sell their assets most of the time. That is because there are just too many factors to consider and so many tasks to accomplish before the transaction can be pursued and executed. Thus, most property owners find it necessary to hire a real estate agent or broker when considering or trying to divest their properties.

A real estate agent is really helpful when selling properties. That is because such professionals are equipped with the right knowledge and are instilled with the appropriate attitude when selling assets. Such people also have the right connections and the effective network to make the activity work. The popular and logical setback is that real estate agents of course collect commissions, sometimes really high depending on the type of real estate being sold.

Did you know that you can actually do without a real estate agent? You may be surprised that selling a property is not as hard as you think without the assistance, help and intermediation of such professionals. You can sell your real estate well and effectively if you would consider and observe several specific measures.

First, it would be helpful if you would use the Internet strategically for your purpose. Almost all buyers, traders and investors are regularly logging online. To reach and tap potential business links or buyers of your property, setup and boost your online presence. For one, you could advertise your sale to Craigslist, which is the modern online equivalent of the old days’ classified ads. Many real estate owners and sellers attest that posting on the Craigslist really helps.

How about putting up your own Website, or blog, for your property sale purpose? Do not fret and make your lack of too much technical knowledge about Internet as an excuse for a decision not to sell your real estate online. Nowadays, Websites like Web.com and Freewebs.com are working best to help users and beginners get on, develop, own and operate their own Websites. You can create your own site to serve as a venue for your sales talk.

If you have colleagues who have connections or networks within the business community, you could ask recommendations and assistance from them. Many times, you can always rely on true and reliable friends and colleagues especially during such a situation when networks and connection with other people is very crucial and important.

Real estate is an investment. Owners buy, own and keep land properties for the purpose of building resources for future uses. As experts assert, real estate industry could never ever fall down. Prices and profitability may arise, but a good property manager will surely help anyone get on and move freely while at the same time operating costs are not in any way extended or prolonged. Strive to sell directly if you so not want commissions.

Saturday, April 19, 2008

Don't Judge a Book...

One morning a young man dressing in a white crisp shirt and blue trousers walked in a realtors office and requested that he be shown a relatively spacious house with about five rooms, a nice lawn and back yard and if it were double storey it would be a plus point. He assured the realtor not to be picky or choosy and money was no object and to rather show him the most expensive house he could as long as it fit the profile. The realtor who had been sick for quite some while called a number of his clients and re scheduled the already re scheduled appointments. He lost a few potential clients due to that but as he thought he had struck gold with this young man who seemed to be loaded he assumed he’d make up any loss he could have faced that day. He took the client out side his office and was surprised to see that the client drove a BMW. This factor only added to the realtor’s joy and he happily sat with the customer and left for the first house location.

The client looked the house up and down leaving no stone un-turned and finally said he’d like to see another. The realtor only to happy to please left with him to another location which the client also inspected with great yet annoying detail. The whole day just seemed to drift by and the realtor was getting angry and also quite tired as he was not quite over his illness. Yet to make sure he struck a deal with this client he went on and on moving from location to location. Every time he left with the client he found it odd that the client avoided taking roads that were highly watched by the police. Finally reaching a house which was last on his list he told the client that he’d love this house. The client went in and again observed the whole house. While the client was still observing the toilets the realtor saw that a lot of cops had come and collected outside the house in the street and they also had a van with them from the mental institution. He went up stairs and knocked on the door telling the client that they may be a problem so they should leave the house.

The door knock was harder the second time with which opened up a bit and he saw the client was standing on the opposite side of the widow. He ran towards the client who started to laugh loudly. Confused by all this the realtor went down stairs and watched the trained personnel from the mental institution man handle the client down and secure him in side the van. Upon inquiring from the police the realtor found out that the so called client was actually a clinically insane man who had escaped from the institution. He further found out that the man had been diagnosed with severe OCD and split personality disorder. The realtor hearing this fainted.

Sunday, April 13, 2008

The Desired Customer

A realtor is such a profession where the worker would get to meet and observe a very wide range and variety of people. The job of a realtor may not be a very glamorous one requiring the same task day in and day out. Go to one house and the next and the next and then back to the starting point with another client and the next and then repeat. The job of a realtor is some what like the shampoo process lather, rinse and repeat. Even with the mundane routine the only high light that the realtor faces is the variety and novelty in each and every client that he/she meets and goes house viewing with. The realtor is always meeting new people and the best thing that a realtor can have as an advantage is a good charming personality and salesman qualities.

After all take away the big name of realtor and what you are left with is a salesman one that sells you homes. The job of a realtor is not much different from that of a car salesman. He too shows off the house like a car through photos then lets people go inside it and check it out like taking a car for a test drive. And at the very last explains all the pros and cons of the house just like the salesman does with a car. The success if selling a house is a two way street which requires that the client and realtor both connect well together and strike up a deal together. The clients come in all shapes and sizes and each requires a unique style of dealing with.

There are firstly the internet geeks who come too prepared and can prove as a threat to the realtor they require very careful dealing. Then there is the miser who comes with the intention to by the best with very less. They require to be dealt with using a lot of firm attitudes and then their long term advantages. And lastly you have the women who come in full of emotion and need to be dealt with accordingly. To the realtor the woman is the best and most preferred type of client as they are easy to convince and the small things are what matter to them. Women choose cuteness over the practical things; they choose coziness over the smart buy and also can get convinced to buy a house with the simple fact that the kitchen is big.

This article was submitted by a foreign contributing agent for Tampa4u. Julia Vakulenko is a licensed broker associate with Tampa4U.com Realty. She has one of the hardest working Tampa Real Estate team in Florida and also in2Va Team for Northern Virginia Real Estate.

Thursday, April 03, 2008

Cheap Home Improvement Projects

Home improvement projects do not have to be taxing on the wallet. The key to approaching home improvement from a money saving standpoint is to take your time and do the majority of the work yourself. If you’re looking for a way to spruce up your home without draining your bank, here are some great suggestions.

Take classes to learn tips and tricks for home improvement that you can do yourself. Many home improvement stores routinely offer classes that break down the steps in an easy manner than can quickly be learned by the most novice of weekend warriors. The classes are focused on teaching you how to do many projects yourself and show you just how simple it is to do the many basics of home improvement.

Do the work yourself. One of the biggest expenses in any home improvement project is wages. So instead of hiring an outside company to complete the easier tasks, do as much of the work as possible yourself. You will be surprised how much of your home improvement budget will be saved with a little elbow grease.

Enlist the help of family and friends. Let them know that you really need their help for a limited amount of time. You’ll be amazed at how many people will help you if you take the time to explain why you need the help. They might think that there’s nothing they can do to help you, but having an extra hand to move furniture, or fix holes in the wall before you paint, can make all the difference in the world. Let them know that even small things are helpful.

Know when a project is too big for you. If you want to tile your kitchen floor, include how much it will cost you to buy and rent the necessary supplies before you begin your project. If you can do it without renting expensive equipment, the cost will stay within your home improvement budget. If you need to rent a tile cutter for a few weeks, it may be cheaper to hire someone else to do the work for you.

When trying to complete home improvement projects on a budget, money matters. Save money by learning how to complete the basic steps yourself, ask for help when you need it and hire an outside contractor when the overhead costs are just not within the home improvement budget.

Julia Vakulenko is a licensed broker associate with Tampa4U.com Realty. She has one of the hardest working Tampa Real Estate team in Florida specializing in Westchase Real Estate and also in2Va Team for Northern Virginia Real Estate.