Foreclosure news is causing home buyers, particularly real estate investors, to realize that it is the proper time to buy real estate properties in view of the continuing drop in home values. Despite the slow down in the foreclosure market, there are still many properties being made available in the market and home values are continuing their down trend. The average sale prices of foreclosures in various states show that single-family homes,...more
Investors and other home buyers have been finding out that the time is right to purchase real estate properties in view of the foreclosure news and the declining home prices. Despite the slow down in the foreclosure market, there are still many properties being made available in the market and home values are continuing their down trend. The average sale prices of foreclosures in various states show that single-family homes, duplexes, triplexes...more
Foreclosure news is causing home buyers, particularly real estate investors, to realize that it is the proper time to buy real estate properties in view of the continuing drop in home values. The rate of foreclosures has slowed down but there are still a lot of foreclosed homes that are for sale and their prices are still dropping. The average home values for foreclosures in the different states indicate that single-family homes, condos, duplexes and triplexes can still be acquired at basement prices. Thus, many investors in real properties have expressed their interest in foreclosed properties and are even competing against each other in acquiring certain properties.Foreclosure news has revealed the availability of single-family homes in Ohio, Texas, Florida and Michigan at relatively low prices. Amazingly, some of the homes are being sold at prices that are only 50 percent of their original values. In Florida, single-family homes are available at the average value of $112,000, condos are available at the average selling price of $86,000, and duplexes and triplexes are being offered at the average value of $113,000. Meanwhile, single-family homes in Michigan have an average price...more
Many people think that buying property can be a complicated process. In breaking with this tradition, Umbrella Real Estate believes that we can overcome this complication. This step-by-step guide has been designed to walk you through the process of buying property.Step 1: Register Your Interest - The first step is always to contact us by calling...more
When you rent, most people mistakenly assume the decision is made out of necessity, not rationality. But there is a very good reason to rent in today's recession-stricken market: median incomes do not support median home prices.The problem is not just the recession. The home prices that we are seeing today fluctuate or rise according to factors in...more
The recession experienced all over the world (and especially here in the Philippines) has caused prices of properties to drastically fall. Others might think that the drop in property rates is a good thing as more people can now afford to purchase their own property.On the contrary, acquisition of Philippine real estate has become harder than ever. Interest rates have gone extremely high, making the overall price of properties high as well. Thus, mortgages are now hard to obtain.To cope with the ongoing recession, experts like Umbrella Real Estate advise people to resort to home rental instead of purchasing properties. Whether one is searching for Manila houses, apartments in Manila, or Manila condos, there are options in the market available for them.As property ownership and mortgage acquisition gets harder and harder, people begin to resort to home rental. This continuous increase in demand for rental properties has caused very good consequences for the rental market.The rental market is in very sound condition right now. Quality condo Makati, Fort Bonifacio condo or Global City condo are available in various choices. One can end up in their dream home without the worries...more
1. High Rates of Inquiries - Umbrella Real Estate is fast becoming one of the Philippines' most recognizable Philippine realty brands attracting hundreds of buyers every month. In addition, our advanced technology allows us to market your property to...more
1. Builder reputationNew construction Miami luxury homes are serious undertakings, not to mention pricey. So to make sure that everything will be perfect right from the start, make sure you get a commendable builder. The person you choose must be...more
1. Full FinancingYou might have heard of zero-down financing mortgages. Even in todays economic and credit crunch, you can still buy a Miami Beach real estate home without any money down, at the cost of future financial woes. Homebuyers who cannot...more
Years ago people would look for a house to buy that was in a place they wanted to live for a long period of time.They were looking in a specific location that had amenities the home buyer wanted like great schools, cute houses, restaurants and...more
Its something we need to study. It really matters at resale if you are in an area where people are looking for homes.New homes are only new until someone lives in them. Then they are just another resale on the market with thousands of others. In bad...more
We always approach home ownership from a business perspective. You know the old buy low, sell high. And its OK to haggle over the price you pay, in spite of the TV shows that are trying to train us to always pay asking price and skip inspections....more