Understanding Real Estate Loans And guarding Your expense
Before the housing meltdown, we purchased a really nice rehab property that we decided to keep for our personal home (and its still a great deal even after housing prices have tanked). However, the words «trashed and destroyed» doesn't quite cut it with describing this house. The go to the website owners even took the ceiling fan that was in the entry way...which has a 16' ceiling. The ladder needed to reach that high costs more than the ceiling fan is worth!
5) Being ready in taking care of house maintenance — Having a house is not all fun. You need to understand that there are responsibilities. You need to realize that as the owner of the house, it is your responsibility to make sure it is in good shape, it is clean and it is well maintained. You also need to set aside some money for wear and tear and if needed, major renovations.
If I was intending to stay in my property, I too would not mind spending on some luxury items. But if it was a ayala land group of company property, then I would have a different strategy.
I believe that 2009 is the opportune time, both to get involved with tax lien or tax deed investing, if you've been sitting on the fence and to purchase investment real estate. The problem that I have found in learning Philippine Real Estate without getting burnt is, that there are tons of programs out there. How do you know which one is right for you? And most of the trainings, boot camps, and home study courses cost an arm and a leg. Instead of putting $10,000 down on your first property, it's not uncommon to spend that on training — I know I did. And where did it get me? We'll it didn't make me a millionaire. It didn't even get me my first deal.
It is tax levied on Cebu Business Park property. The applicable rate depends on the location. A city or municipality in Metro Manila may impose 1 percent while cities and municipalities outside Metro Manila may levy the tax at the rate not exceeding 2 percent. The owner of the real estate property in the Philippines has the option to pay the tax in four equal installments on or before the last day of each calendar quarter.
And it is further reported that in the coming few years there will be more changes in the economy and it is going to certainly grow more and more. These days buying a property in a foreign land is no longer a difficult process. The first step towards this is finding the home that you always wanted to buy. You could use the internet to find beautiful homes and then you can pay a little token amount as booking money. Make sure that you have all the necessary paper work and deification that are needed to complete the entire process of buying the house. you could take help from a real estate agent who could make the entire process fairly simple for you and save you a great deal of time at hand.
5) Being ready in taking care of house maintenance — Having a house is not all fun. You need to understand that there are responsibilities. You need to realize that as the owner of the house, it is your responsibility to make sure it is in good shape, it is clean and it is well maintained. You also need to set aside some money for wear and tear and if needed, major renovations.
If I was intending to stay in my property, I too would not mind spending on some luxury items. But if it was a ayala land group of company property, then I would have a different strategy.
I believe that 2009 is the opportune time, both to get involved with tax lien or tax deed investing, if you've been sitting on the fence and to purchase investment real estate. The problem that I have found in learning Philippine Real Estate without getting burnt is, that there are tons of programs out there. How do you know which one is right for you? And most of the trainings, boot camps, and home study courses cost an arm and a leg. Instead of putting $10,000 down on your first property, it's not uncommon to spend that on training — I know I did. And where did it get me? We'll it didn't make me a millionaire. It didn't even get me my first deal.
It is tax levied on Cebu Business Park property. The applicable rate depends on the location. A city or municipality in Metro Manila may impose 1 percent while cities and municipalities outside Metro Manila may levy the tax at the rate not exceeding 2 percent. The owner of the real estate property in the Philippines has the option to pay the tax in four equal installments on or before the last day of each calendar quarter.
And it is further reported that in the coming few years there will be more changes in the economy and it is going to certainly grow more and more. These days buying a property in a foreign land is no longer a difficult process. The first step towards this is finding the home that you always wanted to buy. You could use the internet to find beautiful homes and then you can pay a little token amount as booking money. Make sure that you have all the necessary paper work and deification that are needed to complete the entire process of buying the house. you could take help from a real estate agent who could make the entire process fairly simple for you and save you a great deal of time at hand.