Jakarta Real Estate Portal

The Great Housing Bubble can be visualized with a simple thought experiment. Imagine a room with 100 people representing the pool of subprime borrowers. These are new entrants to the market. They were previously unable to buy due to bad credit, lack of savings, and other reasons. All of them are told they are going to bid on an asset that never goes down in value, and they will be given the ability to borrow unlimited funds (stated-income "liar loans") The only caveat is the borrowed money must be paid back when the asset is sold (not that they care, they already have bad credit). Imagine what happens?

Residential property auction is one of the great ways to sell your property wherein any number of bidders can bid for your home. If you are a beginner, make it a point to attend a couple of auctions and familiarize yourself with how things work. If you’re planning to auction your property, you list with one agency and they take care of the entire process with a few minor exceptions. If you’re planning to auction the property, you should make inquires as to which agent would work out for you. Choose an agent who is experienced and qualified. Check out how many properties they have successfully auctioned in the recent past. Based on their history, you can know about their capability. Next important thing is have a very honest and unbiased look at your property. Learn from your agent about the similar homes he has sold in your area and what was there reserve price or think about sprucing up your property to make it more saleable. Look at each room in your house and find out what can be done to make it appealing. Some small things can create an impact on the room. Things like washing down a wall in the children’s room or a freshening coat of paint can help. Have a look at your carpet, do clean it if required. Make sure that mow lawns, weed garden are clean and smell fresh.

The first thing to understand about your property tax bill is the language used in them. Many people look at the tax bill and see a bunch of numbers that have no meaning to them. In reality, they do have a specific meaning to the property owner. If you do not understand what the sections on your property tax bill mean, you might not know if this bill is accurate or not. Here are some terms that you will see when looking at the tax bill.

It can often feel tempting to rush straight in into multiple investment opportunities when you are on an investing high, but this could prove to be a mistake.

Yes, it is a buyers market these days, but a recession can make finding a home and getting a loan a little trickier. Home inventories are down, but so are prices and mortgage rates. Navigating the perks and pitfalls of buying a home in these financially uncertain times can take a little finesse.

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In today's generation home insurance has created a mark among all other forms of insurance. Homeowner's insurance policy provides insurance to personal possessions including the house garage and other structures of property against certain risk factors like theft or fire.

There is a vast difference between home insurance and home content insurance with the former referring to the structure of your property and basically anything that can be deemed as immovable. Home contents insurance is the antipode in the sense that it covers everything that is movable such as white-goods, televisions, and rugs. Anything immovable such as the bricks, mortar, and roof will be covered against events such as fires, floods, and terrorist attacks.

Today there are scores of apartments for sale on the market and not a sufficient amount of buyers for one cause or another. The main source for this may possibly be the banks not loaning any money beneath the current catastrophe. This in phase brings down the values on countless houses for sale, so for folks that are requiring to buy a detached house are realizing very large price drops since the previous asking price.

Buying a home is a very important financial transaction. For most, it is the largest one they will ever make. To ensure that you are buying a sound property, enlist the help of a professional home inspector. You may also want to make the purchase of your new home to be conditional upon a satisfactory inspection. Let’s look at what would make a home inspection 'satisfactory'.