Month: October 2019

James Andrews to talk at IPTI Commercial Property Worth Conference

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David Andrews is to converse on a cell at the Intercontinental Property Duty Institute??s Commercial House Valuation Conference in Montego These kinds of, Jamaica, on May well 3 along with 4, 2012. This year??s IPTI conference on commercial house will come with a number of conversations including Appraisal Concepts, Property Management and also Administration, Governmental Valuation, Risks in the Value Process, as well as Valuation regarding Leisure Components. Mr. Andrews is always to speak on the panel conversation regarding motels, golf courses as well as leisure attributes.

Bahamas Appraisals

James Andrews is Managing Director of Integra Realty Resources – Caribbean, a general exercise property worth and asking operation in the greater Carribbean Region. His or her professional certification include: ?Appraisal Institute, Member (MAI) ?Royal Institute of Chartered Surveyors, Member (MRICS) ?Royal Institute of Chartered Surveyors, Fellow (FRICS) Mister. Andrews has priced a variety of house types which includes, but not restricted to: hotels, vacation resort properties, marinas, courses, retail qualities, office buildings, multi-family qualities, industrial properties, mixed employ developments as well as vacant terrain. His present specialty is hospitality and also resort components in the Carribbean, Grand Cayman, Bahamas, Virgin Islands, Turks and Caicos and others. With 60 IRR workplaces in the USA, Mexico and the Carribbean, IRR is the biggest independent business property value firm throughout North America.

Please visit our new website at www.caribbeanappraisers.net for more information.

Useful Checklist For Buying Commercial Property

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Buying commercial property is as challenging as purchasing real estate unit. Perhaps, it requires more skills to search for a good commercial unit than to look out for a dwelling place. Parameters like the location, the prominence and the appearance of your commercial property would be influencing your business to great extent. Hence, you must be very tactful while looking out for buying commercial property. Take a look at the following checklist for buying commercial property.

Important Checklist for Buying Commercial Property

Decide at first what kind of commercial property you are looking for. Whether it is an office space or a customer oriented commercial property like a book store or a cafe. For the later of the two, you would definitely require a space which has good location and ample space for the convenience of the customers.

For buying commercial property you are advised to take help of a good real estate agent. The real estate agent would help you in short listing the properties that fit best with your kind of business. He would use his professional experience to identify the locational needs of your business and accordingly may advise you to negotiate for the right property with the correct price quote.

Appointing a real estate agent is also quite useful as by doing so you would be free from the burden of tackling the complex legal paperwork. You need not have to be worry about filling and submitting of the forms and necessary documents required during the transaction as these will be taken care by the agent in your presence.

While buying commercial property, if you are left with some extra amount of money for investment, purchasing commercial unit with some extra space would be a good idea. In future, your business would certainly expand and as a result of which you might soon be requiring more space to accommodate your commercial needs. In that case, you may use the extra space bought by you. Else, you have to again start the long process of looking out for bigger commercial properties elsewhere.
While buying commercial property, make sure that you receive important documents like the NOC and such from the previous owner of the property.

Understanding Order Of Liens On A Property

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In order to buy a tax lien property you must first decide which states or counties are conducive to producing conditions that will allow you to end up in ownership. In addition you may want to consider purchasing tax deeds instead, as the process is set up in a way that gives you a better chance at property ownership.

Before you buy a tax lien property you have to purchase the tax lien certificate first. In order to get a certificate you will have to bid on the sale in many cases. This process can differ from state to state, and county to county. The bidding process starts at 18% in Orange county Florida and they in fact begin to bid down from there. In other words, whoever is ready for the lowest amount of interest will end up winning the certificate.

In general, assuming that you win the bid for the tax lien property certificate that you are interested is to foreclose on the assets that you have. This process varies from state to state but usually you will have to wait until the redemption period is over, in order to start the foreclosure procedure. The redemption period can differ anywhere from six months to a few years.

Here are the different types of liens:

1. IRS liens: IRS liens take precedence over any other lien on a piece of property. Once you find out the amount of the IRS lien, you may be able to speak with the IRS and negotiate how much they will accept to forgive the arrearage.

Tip: Make sure you get that in writing! Another little known fact is that after 10 years, unless the IRS renews the lien, the lien drops off their list.

2. Real estate liens: Those are the next on the priority list. Those must be satisfied. If you go to an auction and if enough money is paid for the property to pay off only the first mortgage, then everything beneath that on the priority list is wiped away. If you buy a second mortgage and then you have purchased everything above that on the priority list. You need to have completed your due diligence and know the lien priority.

3. Other liens: Other liens may include
Second Mortgage
Homeowners Association Fees
Mechanics Lien
Lawsuit
Judgment

All these other items go on the priority list by the date on which they were filed at the County Recorders Office.

Residential Property Cost In Gurgaon

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Residential property cost in Gurgaon has been on the upswing for several years. In the main residential areas of Gurgaon property rates has been increasing at a rate of 20 to 30 per cent annually for several years in the recent past. Such locations include: IMT Manesar, Sushant Lok, Sushant Lok I, Manesar, DLF Phase IV, Sector 52, DLF Phase V, Nirvana Country, Sector 30, Andee City, DLF Phase I, Udyog Vihar I, DLF Phase II, Golf Course Road, National Highway 8, M.G.Road, sohana Road, etc. Residential as well as commercial properties of different varieties are available in these locations. Apartments, flats, villas, shops, condominiums, commercial spaces, farm houses, etc. can be easily located in the region.

Gurgaon property cost has been on the increase for the past several years. An estimate conducted by industry experts gives a clear picture of average residential property cost in Gurgaon by mid-2009. It shows that average cost per square foot for apartments is around Rs. 4,250. In the case of houses, it comes to approximately Rs. 6,700. Again, for plots the estimate shows the average cost approximately at Rs. 4,600 per square foot. In the case of apartment units, the cost has come to around Rs. 90 lakh. Again, the average price per house unit has come to around Rs. 1.5 crore. For plot units, the price is approximately 1.6 crore. The estimate is a clear index as to the increasing cost factor of residential property in Gurgaon.

The property cost of 1BHK, 2BHK and 3BHK apartments, 1BHK, 2BHK and 3BHK houses, as per the aforesaid estimate can be summarized as follows. In Gurgaon, average square foot cost of 1BHK apartment is approximately Rs. 3,700 and average price per unit is Rs. 26.5 lac. In the case of 2BHK apartment, the price per square foot is Rs. 4000 and the average cost per unit is approximately Rs. 45 lac. For 3BHK apartment, the average cost is around Rs. 4100 and approximate cost per unit is Rs.73 lac. The estimate also analyses the cost of other residential properties such as independent houses of 1BHK, 2BHK and 3BHK. In accordance with the estimate, the cost of 1BHK house is approximately Rs. 5100 per square foot and the cost per unit around Rs.85 lac. 2BHK house costs around Rs. 5,500 per square foot and Rs. 67 lac. 3 BHK house costs Rs. 6,100 square foot-wise and Rs. 95 lac per unit.

Start Your Own Property Portal Website With Aj Classifieds V3 Listing Software

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The AJ Square pleased to announce the new release of AJ Classifieds V3. AJ Classifieds ME Versions the result of a combined effort by hundreds of individuals and organization. This diverse team has been working successfully together to make AJ Classifieds software most successful one with lot of features that are not only new to Classifieds, but also completely new to the world.

AJ Classifieds Micro Editions comes with six different products such as: The scripts will be known as AJ Classifieds Micro Editions (ME).

* AJ Classifieds ME : V3
* AJ Classifieds ME : Real Estate
* AJ Classifieds ME : Automobile
* AJ Classifieds ME : Jobs
* AJ Classifieds ME : For Sale
* AJ Classifieds ME : Services
* AJ Classifieds ME : Personals

The highlight of these software are

1. Micro edition, specifically to application domain, ie., specialized classified script for Real estate.
2. Completely Object Oriented. Developed using AJ DF framework
3. Scalable
4. Secure
5. Highly intuitive user interface, ensure the good user experience
6. Complete Admin Control

Creating the Own Classifieds Site Software on AJ Classifieds V3:

AJ Classifieds V3 is a professionally developed PHP Classifieds Script that was build with you – the site owner – in mind and to assist you in generating income from your website. Whether users wish to run classifieds for real estate, automobiles, for sales, jobs, personals and services, our product is the right package for you.

AJ Classifieds V3 is the product for a complete Classifieds V3 Listing Software Script. It is customized and ready to go for your Classifieds V3 Classifieds software, rentals web site, independent agent site, or the Classifieds V3 Listing of your brokerage or agency web site. Create Classifieds V3 Web Sites – The Classifieds V3 PHP Script Software of AJ Classifieds is specially designed to handle the unique requirements of a site devoted to Classifieds V3. Highly user friendly and rich in excellent features once required for Classifieds V3 property selling business.

Our goal is to help Classifieds V3 Brokers and Agents, use the internet to strengthen their professional image, as well as helping users to achieve an advantage over competition. No other medium has proven a more effective resource to the Classifieds V3 or mortgage industry when utilized correctly than the Internet.

Classifieds V3 management software is the most advanced, flexible and complete TurnKey software for creating a Classifieds V3 Listing Site. Our php Classifieds V3 classified script allows Classifieds V3 agents to create their own sales platform. Home buyers can browse available properties for free.
AJ Classifieds V3 gives you a running start, with a website that is very simple to set up. Your site will provide you with some of the most advanced web marketing tools available. Agents can quickly create a web presence with the elegant look, flexibility, and control of a more expensive and painstakingly built web site.
Start your very own HIGHLY profitable Classifieds property portal today!

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