Written by: James Bovell Summary: Find out what you need to know before you buy real estate in the Cayman Islands. The Cayman Islands have become a thriving financial hub because of the...
Structuring the paperwork and form of partials usually occur in three common ways. Each of these ways have a few advantages and disadvantages to them. Out the 3 types that we will discuss,...
Why Purchase An Old House?3
Posted by admin | Comments Off on What Makes the Cayman Islands Such an Attractive Place to Buy?
The Cayman Islands saw a surge of luxury property sales in 2014, a bump as large as 40% with a net value of properties in the $150 million range. Driving this surge is a large development of condominiums along Seven Mile Beach, and a renewed interest in the island from the economic recovery. Real estate in Grand Cayman represents a significant opportunity, and now is a good time to buy. Here are some of the reasons that real estate has remained an attractive prospect.
One of the reasons the Cayman Islands remains so strong is because the market is not limited to Caribbean Vacation homes for sale. There are commercial properties and hotels for sale as well. The variety of investment opportunities attracts different buyers. Individuals seek out a vacation destination, while investor groups may look for business opportunities.
Cayman is not the only island vacation destination, so it must remain competitive. Many cruise ships pass through the area bringing tourists from all walks of life. Grand Cayman is in the process of renovating its airport to meet the needs of new travelers. Crime rates are already quite low, and the island maintains a number of extremely clean and well-staffed resorts and diving spots that continue to bring tourist dollars, and new renters, into the area.
With a variety of investment opportunities, investing in the Cayman Islands is an excellent idea for your retirement fund and for the community.
Bio: The Dream Finders team, led by James Bovell, deals exclusively in luxury real estate on Grand Cayman. To find your dream home, contact Dream Finders today.Read More
Posted by admin | Comments Off on Three Big Changes Coming to Cayman
Investors shopping for Grand Cayman homes already get a great value for their money. The island carries no taxes on any income a rental property might earn, and laws make it simple to transfer this property to heirs. That’s on top of the beautiful vistas and modern life the island offers year round. New changes that were announced in September of 2015, however, might be an even bigger draw.
New Golf Course
Grand Cayman is always changing, always growing. This new golf course is part of the Ironwood Resort, and is the island’s second golf course. The project was bogged down by delays related to a 10-mile stretch of highway that is supposed to provide easy access into Georgetown. Now that the deal seems straightened out, the new course is on track to open by 2018.
New Access to Cayman Brac
Cayman Airways recently finalized the purchase of a Saab 340 aircraft, which will provide increased and improved access to Cayman Brac. The smallest island in the chain is a quiet destination, far removed from the city life in Grand Cayman and without as many homes for sale as Cayman Islands, but it features private beaches and hiking spots that will be more accessible to visitors and residents.
New Airport Expansions
A $50 million expansion has been approved by the island’s Central Planning Authority that would nearly triple the size of the airport terminal. The proposed expansion will mean the airport can handle more baggage and foot traffic, which should help improve the transit experience to and from the islands.
Bio: James Bovell and the DreamFinders Team specialize in helping foreign investors identify and purchase Cayman Islands luxury real estate for rental or residential purposes. For more information, visit DreamFinders.com.Read More
Posted by admin | Comments Off on The Pros and Cons of Investing in a Swimming Pool
Is a swimming pool a worthwhile investment? Yes and no. Julie Sturgeon, a residential pool writer, and her family bought a home with an in-ground pool already in place. By valuing cost-efficiency and routine maintenance, they have yet to have made a mistake with it yet. Here are some things to think about that homeowners like Julie consider when it comes to pools.
Swimming pools have the potential to increase the market value of your home with returns averaging 15 and 20 percent. Balancing the cost and value of a swimming pool depends not only on the upkeep but also the location. Some areas will yield a higher investment than others. Be sure to do proper research of your area to see the weighted averages.
Consider how long you are going to be living in your home. Are all the repairs and maintenance costs worth it if you do not have long-term plans? It definitely is something that should be thought over because of the large financial and time investment involved.
Pools are definitely a hit with children. They also provide a space for entertainment but the appeal to adults may be a little lacking. There may be times where you do not use them for months but still pay to maintain it. This is a prime example of a negative cost to value comparison.
Don’t let these numbers turn you away from purchasing a pool. Many homeowners are living comfortably even with the addition of pool costs. If you have the income to manage the expenses and want to take advantage of the potential gains that can come from a pool, then it’s definitely worth taking a look at.
Bio: Realty ONE Group is headed by Kuba Jewgieniew. A former stock broker, Kuba entered the real estate market and was met with immediate success leading his firm to opening up new branches in Arizona and Nevada.
Source: www.houselogic.comRead More
Posted by admin | Comments Off on Picking the Right Roommate
Having a roommate can be a great option for you when you are looking to save some money on rent. Plus, you have an extra hand that can help you out around the house when you need it. Everything seems great, but after a period of time passes, there will be habits and conflicts that you just can’t ignore. It could be a lot worse than dirty clothes left all over the floor. Getting behind on payments can possibly lead to eviction or even worse, ruin your chances of ever getting another lease. Before you go out and search for a roommate, make sure you create a checklist to potentially avoid a disaster in waiting.
One of the most important things that you would need to discuss with your roommate would be both of your financial obligations. A verbal agreement to paying extra costs like utilities doesn’t mean that it will always happen. A credit check would relieve some of the stress, but also a written contract would also benefit you and your roommate.
Trusting Your Roommate is Important
Before you go ahead and commit to somebody, take in consideration their habits and trust. You wouldn’t want to live with somebody that leaves the place in a mess all of the time. Only after living with someone for a while will you understand their true personality. Habits, good and bad, will slowly uncover themselves through comfort. If they are a close friend that you have known for a while, that is definitely a good start.
Research Your Property Thoroughly
Be sure to do thorough research on the place that you are planning to live. Once you sign your contract, you ultimately commit yourself to that property. Ask as many questions as you possibly can to avoid trapping yourself. If there are roach problems or safety risks, you probably wouldn’t want to live there. What’s at stake is your potential home for the amount of years that your contract is based on. By being on top of things and doing your homework, your ideal home could be waiting for you.
Kuba Jewgieniew is the CEO of Realty ONE Group, a real estate brokerage firm with offices in Nevada, Arizona, and California.
Posted by admin | Comments Off on Why Moving to Richmond is Right for You
Written by: The Steele Group Sotheby’s International Realty
Richmond, the capitol of Virginia, has come a long way since the colonial era. Music festivals and art-laden walls compliment the city’s rich and deeply rooted history.
Known for the James River dividing Southside Richmond from downtown, Richmond boasts a large amount of lakes and rivers along with great weather patterns. You’ll often see summers with a temperature averaging around 80 degrees. Compared to other cities, this is fairly comfortable.
The Arts Scene
One of Richmond’s pride and joys is their arts community. Walk through the streets and you are bound to find at least a few walls covered in paint. Don’t mistake this with graffiti, this is actual artwork. Ask any Virginia real estate agent and they will tell you about Richmond’s proud art heritage.
Their music and art festivals are not something that you would want to miss either. A place to showcase their talents, you will find yourself surrounded by talent. The First Friday Art Walk in downtown is a yearly event that promotes awareness of the region’s thriving arts scene. With over 30 galleries, restaurants, and shops all open until midnight, there’s plenty to do.
Richmond’s economy has always managed to stay afloat through the toughest times with blue-collar jobs. These days, advertising companies, government offices and biotech industries rule the city. In short, there are plenty of jobs. If you are looking to find homes for sale in Richmond Virginia, be sure to take a look at the median price ranges. In comparison to other cities, you can possibly find yourself a nice home for a good price.
Located in Richmond, Virginia Commonwealth University offers an exciting art program that is one of the best. Somehow you probably aren’t surprised by that considering Richmond has a popular arts community. They also offer great advertising programs that are highly looked upon.
The housing market is cheaper than the national average. One-bedroom apartments can be found for under a thousand in the city centre. If you are looking for homes for sale in Richmond Virginia, then you’ll be happy to know that they are definitely affordable.
Summing it Up
There are many things that make Richmond a great place to live. If you want more information, contact a Richmond realtor today and receive information about everything from demographics to the cost of living. Don’t miss out on all of the great opportunities that Virginia has to offer you.Read More
Posted by admin | Comments Off on The Advantages to Getting a Home Inspection
Home inspections are used to provide buyers or sellers a report on any major issues with a home before its closure. Many realtors require home inspections, especially with newly constructed houses.
There are options where you can hire a local inspector to check the interior and exterior of your home. This is important because any issues with ventilation, fire hazards, or even leaks will be addressed. Here are some common inspection areas.
Everything from square foot to ventilation issues will be checked. Note that with an absence of a window or any type of fan can result in mold and mildew problems.
By checking your electrical outlets for any discrepancies or electrocution hazards, the inspector will notify you on what needs to be replaced or fixed. This is important because your electrical source is the heart of your household.
Your garage is a safe haven for your cars. It can also be a problem for carbon monoxide poisoning. This is one of the first things that they will inspect. A well-ventilated and fully-operating garage is almost always a certain pass.
Your inspector will check your plumbing system, which includes: faucets, showerheads, pipes, and sinks. The main water shutoff and water pressure will be checked to see if it properly meets standard regulations.
If you are looking to sell or buy a house, you might want to consider hiring a home inspector. With an average price of around $300-400, it might be the make or break of whether or not that house is ideal for living. By addressing and fixing the issues that your home inspector will bring up to you, you can end up saving tens of thousands of dollars.Read More