Understanding the bridging loan?

The bridge loan is an advance made by the bank to its customers, with funds to be received and that agree to repay the advance. The most common form of bridge loan bridge loan is real estate. This credit can prevent the proceeds from the sale of a property before they cashed the money and even before the sale is completed effective ¬ ment.

A bridge loan can seduce you if you own a home and want to sell it to acquire another. It enables you to make the purchase without waiting for the old good is sold.

You have a deadline to complete the sale at the end of which the bridge loan is repaid through a portion of the proceeds of such sale.

You put a property to sell, such as an estate agent, at a price specified in the warrant that you have given to this agency. With the bridge loan, the bank now makes you an advance to help you buy another property.

You repay the advance when the property is sold and no later than a date specified in the contract. This bridge loan is commonly added to a conventional mortgage to finance the new purchase.

The bank do not yield a bridge loan for the total sale price of the property.

The amount of the advance is usually held on the situation: If you already have a buyer, with an agreement signed, let alone if it has no conditions precedent, the credibility that the sale is realized for the amount provided on time is strong and your bank will usually make a larger advance.

However if you only have filed a sales mandate in an agency and that for the time you do not have any potential buyer, it is important to keep a safety margin and the bank will make an advance limited by example from 60 to 70% of the evaluation of the well, as you may have to lower the asking price if buyers are scarce or if the market deteriorates.

The bridge loan is always granted for a specified period and therefore includes a deadline. Part of the funds from the sale shall be deemed received by the bank to repay the bridge loan on or before that date.

Of course, if the sale is made before that date, the bridging loan is repaid upon receipt of funds from the notary to help you avoid paying unnecessary interest.

The payment is made prior to maturity without penalty. In practice, the bridge loans offered by banks are generally due to one or two years.

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Property investment in Marrakesh: The role of intermediaries

At the end of this year that was could not be more complex for the real estate industry, it seems suitable to an analysis of this growing industry, but also to question the place of the intermediate for successful investment in real estate in Marrakech, and their role.

The provision of these relays is it necessary for a successful real estate project in Marrakech saw the professionalism that was installed in the middle?

This is a question that deserves some attention here to better analyze the health of real estate in Marrakech. Because according to some consumers the ills facing the housing market are due to these intermediaries in the process of sale, purchase or rental of property.

But first who are the intermediaries?

The real estate market, given the length of the production process is an area where many speakers are activated sequentially throughout the implementation. So it will limit our study to the finished product. Based on that basis it is clear that the gatekeepers of the real estate market are on the one hand real estate agencies. A real estate agency is a relay daily news from the world of real estate. Its role is to guide investors to research firms, architectural firms, builders and technical services. For any transaction, management, expertise and advice, the agent needs to answer all your questions about real estate transactions. You will agree that his task is immense and requires a good knowledge of the particular context in Marrakech where the real estate market is unique. In Marrakech it is difficult to buy, sell or find a rental property without using the services of a real estate agency especially in Morocco where the rate of foreign investors is high.

Indeed the real estate agent can handle both of you find your dream property, organize all the procedures of transactions and transfers of ownership, but also its management by keeping the rental market so that it can occur. In short the real estate agency is located upstream and downstream of the real estate transaction. And strict conditions must apply to the opening of these real estate agencies. However estate agents are growing like mushrooms in Marrakech and even more widely throughout Morocco. It is found at every street corner. It becomes necessary to list all the existing ones to better regulate their operation. This will at the same time to get your hands on rogue estate agents but also to bar the way to the fictional estate agents who are the source of scams in the community.

We advise you to prefer real estate agents who have experience in the property-as Gestimar whose professionalism and security of its transactions earned him the respect of his colleagues in the real estate sector in Marrakech.

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The ultimate property investment

You probably know the phrase "my cabin in Canada" but there are still better, especially in the current context, or your own private paradise with private lakes with an area of ​​several hundred hectares of woodland, the property investment secure, why not?

Because this kind of property never loses its value taxes are low and maintenance is minimal, no more concerns of tenants ...

This type of property investment is available in Quebec, north of Montreal in the Laurentian region, particularly in the region of Mont Tremblant, where certain types of real estate is booming because of the popularity of skiing, golf and other activities located in this international resort.

So you can acquire your private or small province in peace in a country that has managed to control its financial system in recent years.

In addition, the trees continue to grow as your investment, you can even lend it to your mother-in for a long vacation! What do you expect?

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Real Estate: How to sell more quickly

It is necessary that visitors to a property for sale can imagine living in the place they visit.

But they will have difficulty to project into a house or apartment too imbued with the people who live there.

If they feel violate your privacy, they may be shy and visit the toes without daring to enter the rooms.

Therefore removing family photos, children's drawings, souvenirs.

The goal is to transform your home into a sort of model home. The premises must be both emotionally neutral so that visitors can easily take ownership and warm for him to feel good.

This sometimes requires some work that is very quickly recovered on the sale.

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Buying real estate in Morocco: the trend is stagnant market

Should we buy now or wait for lower prices?

With a housing crisis which had affected the odds of buying real estate in Morocco, was expected to lower prices in the premium segment. Because of a scarcity of buyers who were beginning to be felt in late 2008.

There's a few years there and even more recently, at the beginning of 2008 buyers would never have thought to ask this question. Instead a buyer was willing to pay a substantial sum "under the table" to a trader provided that it is a villa in the palm of charm Riad or near a golf course in Marrakech. The enthusiasm of foreigners and their admiration for these fascinating homes that are the Riad had boosted sales of Riads Morocco. In fact everyone wanted to have a second home in Morocco, especially in southern cities like Marrakech. And the sale of Riad in Morocco was done without much effort since the demand was very strong, although the offer is still important it was sold. But it is the cause of the turnaround? How are buyers they become rare in the real estate market in Morocco?

Well it is always the global economic crisis that has undermined the global economy affected all sectors and Morocco as well as customer favorites such as Spain and France among others have not departed from this rule. While opinions are divided and that some developers do not want to admit it is clear that prices have decreased especially in the high standard because buyers were becoming increasingly rare. The loss in purchasing power led to a scarcity of foreign demand. Between the end of 2008 and much of the year 2009, it became increasingly difficult to find buyers said a real estate agent.

And the decline in prices was real. Indeed it was possible to lower prices by 10% over the displayed price. Some programs to find a buyer were brought for sale with 20 or even 30% less. In Marrakesh, even in the modern district of Guéliz it was possible to have a plot of 20,000 m² at the Dirhams 17,000 Dirhams negotiating. The gap between the list price and actual selling price has continued to widen the general damns promoters. So forecasts that predicted a fall in prices and growing the customer to see the deal were right. However, the price will they continue to fall in 2010? Is it always wise to expect a lower price for a property purchase in Morocco?

Well according to the predictions of some professionals in the field things started to rebound in the housing market. While the dynamics of sales known two years ago is not there yet. But we begin to notice a stagnation of prices. So no think it is useless to wait to buy a property in Morocco. Anyway with regard to a property purchase in Morocco to help you make a real estate agency of reference.

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The year of the revival of social housing.

How to promote the launch of social housing in Morocco?

The challenge of Morocco in 2010. Morocco opens its doors to foreign investors but wants to reduce the gap between supply and demand in social housing. Sites in Morocco are linked in all major cities of the kingdom. The country's geographical position and the very strong demand, increase investment opportunities in Morocco. Foreign investors like Spain devote particular interest to the Kingdom of Maroc.L an investor in Morocco is the most important Mixta Africa has invested nearly 166 million euros in the country. These projects underway involve 900 homes and 3000 homes are being marketed. With the subsidiary Mixta Morocco, the projects are decentralized in all cities of the kingdom.

So cities like Tangiers hosted large-scale projects involving 500 homes that will not only enable many of Tangiers to own but also boost other sectors that are complementary to the building, not to mention jobs that will be created. Also in this momentum, Morocco has signed with Mixta and Kingdom Zephyr Africa Management Project in the amount of 500 million Euros. By 2020, Morocco is committed to creating 300 000 new housing units that will cover 1, 5 million people Hejira said Mr. Minister of housing, urban planning and spatial planning. Reduce the deficit in social housing, but also create products that meet domestic demand are the concerns of His Majesty. In this project a direct investment of 16 billion dirhams was planned and this will at the same time fight against unemployment as 160,000 jobs will be created. To attract and encourage developers to produce more in the middle class and social housing the Finance Act 2010 was passed. The average Moroccan real difficulties in acquiring a property. Indeed the offer was actually above the revenue of the Moroccan way. The promoters had more invested in high standing, and more targeted foreign clients and some rich Moroccans. However, the economic crisis came weaken the sector as well as countries that supply was mainly Moroccan destiny. Meanwhile the majority of Moroccans living in underground habitats and we began to note the proliferation of slums.

So the arrival of these projects is a boon for the entire population Moroccan largely poor layers. According to the Minister Hejira, to get to meet the existing supply will need to build 13,000 social housing units per year in the region of Rabat-Zale-Zemmou-Zaer and more than 6500 homes in the region of Meknes-Tafilet. However we must not forget to include the notion of quality housing. And arrangements shall be made for a minimum of comfort in these homes. The size of dwellings is expected between 50 and 100m ². The selling price is set at 250,000 dirhams duty. And the state provides financial assistance if the recipient agrees to live there for 3 to 4 years.
The year 2010 is launched to promote social housing in Morocco.

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Make a purchase of real estate in Marrakech

The collapse of the real estate market in Europe and the world will result in causing a scarcity of real estate purchases by foreigners. The fall of the stock promoters is an obvious consequence of "the international financial crisis" The Morocco again "(in 2000and 2008) developed in a context of ample liquidity. Morocco has been able to intelligently pull out of the game and make that part of the available currencies is invested in Morocco.

However, Morocco is a destination popular with visitors especially the imperial capital (Marrakech). With the stability of the real estate market, all persons wishing to be a resident have a choice because the property in Marrakech has grown significantly.

Today the real estate market in Marrakech is booming. It should also say that buying real estate in Marrakech has rejuvenated. It is important to remember that the threshold of 8 million tourists was taken in 2008 and 2009 was a year of opening major. Predictions for the year 2010 are favorable and optimistic in the sense that investors are more interested in Morocco, especially in the Red City. Also, invest in Marrakech in buying a house for example is cheaper than acquiring the same property in France then in Spain. After that the agency immovinci Marrakech offers its loyal customers a directory of real estate purchases probable sales and even rentals.

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Acquire good properties over the Internet

Many agencies build their websites to facilitate the sale and awarding of properties. They are specialists who are ready to assist their clients for the selection and choice of properties they want until their final purchase.

But what can we learn about the agencies that deal with properties?

These are websites that offer real estate of all kinds to those who wish to buy: old or new construction as required for each of the properties built on land more or less extensive or simple land planned for new construction . You have no idea but maybe not even the islands offered for sale can be found with these agencies. All choices are available because the tastes are different for everyone.

Photo galleries well taken and well arranged are available for a first vision outlining details relevant to clients such as the location of the property, its surroundings, the interior of any room whether it is a home not to mention health, other constructs that accompany the house such as the pool, gardens, parks, garages, cottages, ...

The images displayed will let you know how to discern the artistic designers of these sites will see a mix of styles and materials giving good impressions to you and your dreams.

This will then serve as pre-visit the place that you shoe comfortably from your home or office you, avoiding unnecessary trips to the head of the agency.

The expertise of architects and designers are at this point the advantage of these agencies to attract the most buyers because the aesthetics of real estate is the primary factor that drives them to learn more about the objects to choose from.

Be aware that some of these sites are working seriously with world-renowned top designer, for example, the famous American couple Eames, to serve proprietes.com. Their services will design innovation and modernity that are essential to attract more visitors to the site and so more buyers.

But other services are also suggested: various decorations that are visible in photos, support services for construction or repair and architectural services.
Generally, the services do not remain allocated to the simple conclusion of sale but also extend to insurance against all stages both commercial and legal. Thus, the agency will use the assistance of the concerned officials as necessary: ​​lawyers, notaries, experts in the field ... it is to say that you will be accompanied throughout the acquisition process and get solutions if concerns about the purchase and management of your property.

In order to assure you, these online agencies are able to demonstrate professional guarantees as financial security, certificate of professional liability and the certificate of professional competence. Officials will not hesitate to make a commitment to ensure the quality of services offered and to prove their professionalism.

We can also offer properties for sale with these agencies, still through their websites. If you own land or houses or other properties you wish to sell via the internet, they are always willing to help you and facilitate all the steps. You will receive good advice to make your property more conducive to the real estate market. Of course, you have to pay commission fees when your property has been sold but usually they are not too high and sometimes negotiable.

Finally, if by chance the property of your dreams is not exactly one of those already available, we recommend that you contact the commercial with the addresses listed on the site to provide the criteria you require. You can be sure they will take care to find the property you want according to your need.

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How to find a villa in Senegal?

In Senegal in Dakar in general and in particular, how to find a home depends not only on the neighborhood but also the standing buildings.

So when it comes to residential areas such as HLM Grand Medine, Yoff, the SICAP Freedom, Sicap Baobab, SICAP Friendship or Sacred Heart, the ideal, unless to go to a rental agency, is to travel within these districts and to learn from these old people are always in public places, as most of them are called "brokers". They have a broad knowledge of all there is to rent housing in Dakar. Therefore, even for a villa in Senegal these brokers can be very useful. It is important to know that a broker worth between 1000 and 1500 FCFA € 2.5, especially if it does not receive commission from the owner.

But in the neighborhoods of luxury, rental management lies exclusively with estate agents found elsewhere in the city (Pompidou Avenue, Independence Square ...). This gives you a multiple choice in terms of the lease in Dakar.

In the neighborhoods (Yoff fisherman, Medina, Ngor Fisher or fisherman Hann) things are much simpler. If you are looking for an apartment, a house or just a room, simply go door to door and ask people if there's a room to rent in the area (NAMA keur Fi button rent? in Wolof). And without much effort if not a bit of walking, eventually you will find the right person for you to rent a room that would suit you.

In terms of security for your peace, all depends on the area you choose. The eastern neighborhoods are less calm (Pikine, Colobane Plots Assainies ...), or those in the West are much more safe and calm (Sacred Heart, Point E, Mermoz, Fann, Ouakam, Friendship, ... Ngor). The choice is yours and above all we must try to find the price / quality ratio that suits you.

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Real estate in Senegal problem area?

Inflation in an atmosphere where the scarcity of supply gives speculators a good flexibility, real estate in Senegal could be seen as growing as many transactions are made.

Indeed, the land is probably one of the areas where it is still possible to make huge profits, so it's sometimes the price of gold that are selling the land, given that most vendors acquire the and left fallow for several years before the return of the market to sell to the highest bidder. Especially since in practice it is usually the buyer who offers a price and therefore the owner has to wait one who "has the most need and will make a best offer." It's a way to do that does not help everyone because the average person can now easily acquire at least a piece of land in the capital. And despite the many advertisements, it is not as easy as you think, for some, to become a landowner.

Agents for the cadastre, the best way to fight against the scourge of land speculation lies in the management of the property market to ensure the district of reasonable price ranges through the adoption and application of laws that would allow each party to find his account. Another solution would be that advanced the creation of a new city with sustainable infrastructure to lower the price of land.

Yet it is true that speculators are a real problem for the real estate market in Senegal, another problem arises with some sharpness: transactions whose papers have no legal basis. Indeed, in many cases, the deed given by the seller based on no regulatory basis for the transaction takes place outside the law, putting the new owner of the property in a precarious position as the location of the object is not corrected.

And while the sale is often in the presence of witnesses who can attest to the veracity of the transaction, the conservation of land may not make the registration of property in the name of such if it does not have any an authentic document submitted by a notary or a judge.

Note that the laxity of some of their owners forget this step, however, very important. It is also noteworthy that the acquisition of title to land is governed by a special procedure distinguishing between private individuals where the securities circulating on the market just like any other goods are sold by public deed before a notary or court award, and the private domain of the State where the securities are administered in the form of lease, authorization to occupy or permit to occupy different areas.

But if the acquisition of land poses many problems in the Senegalese capital is undoubtedly the result of its geographical position peninsula.

So the solution does not lie it the creation of new centers of habitation. For professionals, this option would, in addition to free up the capital to bring prices under certain conditions such as the development of these new urban centers so that their populations have a similar quality of life, otherwise similar to that of the capital. Certainly, it is important to consider the setting of infrastructure when choosing housing. A deficiency in this area in the new quarters is an obstacle to mass movement to these areas. Further diversification and decentralization of activities could qu'enjoindre people to see a board welcomes the most beneficial for them.

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Buying property in Spain

The Spanish property market

Spain has a strong real estate market, developed and well regulated that allowed him to experience an incredible boom in its selection of properties both quantitatively and qualitatively. Until little Spain alone built many buildings as the rest of the European Union combined. Also affected by the current international crisis, prices tend to stagnate or even to decline making the purchase of real estate much more valuable.

If you want to buy a property in Spain and you are not of Spanish nationality, you must first acquire an identification number for foreigners (NIE in Spain).

When you want to buy a property, the first thing to do is find a property that can meet your needs and preferences. The assistance of a real estate agent will be invaluable. This professional, licensed by the State, will assist you in finding the property taking into account your preferences. In addition, it will help you during the acquisition process. To select it, it is also advisable that you need a lawyer, because since the explosion of the Spanish property market there has been an exponential increase in the number of real estate agents, many of whom have neither the knowledge nor the experience to smoothly complete your purchase. Your lawyer will help you find a real estate agent with experience and efficient, allowing you to quickly and easily find the property you are looking for.

Funding

The Spanish financial system has evolved with the continued growth of the Spanish property market for over fifteen years and has developed financial instruments to meet the needs of the growing market. Despite the current international financial turmoil, the Spanish system is, if not the best, at least one of the most durable, safe and reliable that can be found today.

Once you have found the property you want to buy, and before signing a sales agreement, you may need to obtain financial support. For this you need to consider the purchase price of the property plus the cost of acquisitions that are normally in the range of 9 to 11% of the total price of the property. Spanish banks can provide financing up to 80% of the property determined by an official expert approved by the Spanish central bank. This means that the official value may differ from the price you pay, and that is why it is important to work with a realtor official. The bank will help you with the acquisition process as it is of interest that you have no problems in the acquisition of the property.

Traditionally, there are two steps to bring to fruition a real estate transaction. First you have to sign a deposit contract is a private document between the seller and the purchaser, the second step is the signing of a public deed for the transfer of ownership.

The deposit contract

If you already have the funds to purchase your property you wish to purchase, the contract is not required and you can skip to the next step. If not and once you got your mortgage, you will have to sign the counter deposit. The contract must contain a full description of the property to be acquired, the deadline for signing the public document, the final price, the amount of default interest and the amount of the deposit. Generally, the deposit paid in the compromise will be worth between € 3000 to 6000 for properties with a value of about € 240 000. Real estate agents will offer you most of the time to sign a standard contract, but before signing anything you should let your lawyer to study in order to protect your interests. Before signing, it is also advisable to check the seller's title and license requirements, if any Your lawyer will check this. The Spanish property registration system is very reliable and guarantee the purchase of a property safely.

The public act

Given the safety of the Spanish notary and public registry of property it is strongly recommended to formally complete the sale before a notary and to register your purchase in the real estate register.

Once you've found a property and you have the money to pay, it is important to register in the Registry of the Spanish property with a view to avoid any future litigation. To this effect, you must send the following to the notarial office: title deeds from the seller, received payment of taxes, letter from the president of the community of neighbors confirming that the seller has made all payments due to the community, number Passport or identity of all parties. Registration fees are 7% of the value of the property if the purchase was made for use of private housing, 16% in the case of a commercial project.

With all the necessary documents, the notary will ask the registry title and current charges. The two sides will meet at the notary office where the new title deeds are signed. These should include the payment and how the rest of the price will be paid. The keys to your new property will be given at that time and that's when you take possession of the property, unless otherwise agreed to be included in the public document. Once the new title deeds signed, the notary will send a formal notification to the register regarding the acquisition. Two or three days after signing, the notary will issue the bill of sale so that you can liquidate your taxes and formally register in the Register of Real Estate Property All expense paid by the purchaser, to exception of the IBI, which by law, is the seller.

With the registration of your new property over the purchase process. With the assistance of your lawyer, and in various stages of the realtor and the bank, it will be quick and easy, allowing you to enjoy your purchase as soon as possible.

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No statistics of real estate is reliable.

information on sales of real estate tools are waiting for reliable measurement of price changes.

Lower prices? decrease in sales? increase in some areas? decline in others?.

all players in the real estate is a research tool to measure the real estate market and know the price development of this sector.

This information is very mixed and are like the glass half empty as some see a half full.

Notaries record some final selling price (about 75% of sales) but they are provided several months after the sale.

The real estate professionals record prices is offered for sale or prices signatures compromise.

Banks in the study for the repurchase of mortgage await the opinion of value of notaries who give the value a building, the rental value and the value for sale.

Very mixed as follows:

• regions,
• the city or the countryside,
• large areas or small,
• units below or above 150 000 euros to 300 000,
Prices are determined in the financial arrangements.

The palm of 'likely' to have on the reliability of the figures up to the bank branches network properties, the finding of a conflict of interest.

A spring cleaning when the statistics relating to properties?

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Choosing a builder of houses

Delicate problem of having to elect the professional will build the home of your dreams, will build the ideal shelter for your family and ensure the integrity of your assets. In any case, always contact several companies. Play the "word of mouth." Visit the achievements of each other. Compare the services available to you: price, amenities, construction delays, technical and aesthetic qualities of the house, thermal insulation, presence of labels, guaranteed plans. Ask each manufacturer's model contract to examine before committing.

What guarantees PROFESSIONAL?

Access to the profession is free, there are no regulations specific professional builders and contractors. However, the trade register, you can get for free, for consultation, all the elements of identification of the company and know especially if it is not placed in receivership. In addition, many companies have come together within the Union of French Houses (UMF). A guarantee of reliability and service quality. Also check that the builder is insured for its responsibilities and decadal. When you sign the contract for your home, it will also prove a guarantee of delivery, price and agreed time frame established by a financial institution or an insurance company.

TYPES OF CONTRACT

When your friend offers to sign a contract, do you book a reflection period to examine its contents, to appreciate the consequences and take advice. Remember that any signed document is a commitment.

You are the master of the book, one that limited the operation and finance. Your role, your responsibilities, your benefits will be different according to the contract you signed. Several scenarios are available to you. The manufacturer may make plans for your future home and commit to achieving it. This is the regulated contract (contract to build a house with provision of plans). If you make plans and if one company makes the entire building, then you sign a contract without providing plans. It's the same with the company that makes the shell and put out of water and outside air, if you use several trades. With these, you will need to contract lot by lot of companies, largely unregulated, the contract often requires special surveillance of the site.

Note:
All forms of contract have been statutorily defined by laws and decrees, sometimes strict, both for the client for the manufacturer.
This is not the future owner to relax because when all goes well, we do not consult, but in case of problems, it is a guarantee and a reference.

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First-time buyers: 65% of buyers in France.

The figures come from falling on the type of buyers in France in 2009.

What was felt on the ground in all regions as the riviera is confirmed, but with a surprising range.
The prize goes to those who invest for the first time!

However, these first-time buyers have encountered more difficulties in 2009 to access the property.

About 10% of them were offered loans by banks inadequate and 7% were refused.

Yet first-time buyers is the heart of the property market with 65% of transactions in 2009! Incomes below the national average, little or no contribution, occupational instability ... The economic disadvantages are not lacking for children under 35 years.

The future seems partly in the hands of bankers.

Want them to be the height of the economic stake in the field of real estate and they do not disperse in trades that are not theirs!

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AKERYS - Take control of your investment in rental real estate!

In the phrase "estate tax-free," there are two terms. The attractiveness of the tax benefit should not obscure the reality of the real estate purchase: this investment is not financial, it also depends on the reality of the rental housing market. The idea is not to design this investment as a tax-free pure product, but as the result of a good real estate investment. Therefore, in order to master the ins and outs of its investment, it is important to ask the right questions. To guide you in the grip of your investment, here are a few tracks.

• First, it is necessary to assess the financial performance of your investment. In other words, the effort necessary to analyze monthly savings generated by this investment and to consider what will be its performance under various scenarios ranging from optimistic to pessimistic. More than the tax savings, the rate of return of savings to be used to evaluate the usefulness of real estate investment tax-free.

• Similarly, it should not overestimate the rental income: a report estimated annual rent excluding charges divided by purchase price greater than 5% probably corresponds to a projected rent too high.

• This investment involves a debt, which is usually the following calculation: 70% to 80% of rents least 100% of the monthly payment. This simulation is used to estimate your borrowing capacity and monthly payment for credit. It should not be disconnected from the other funding needs of your household.

• Seek to rent the most expensive possible to minimize the effort of saving monthly is not a viable solution because it increases the risk of not finding a tenant, and thus lose the tax benefit at the end of 12 months. The proposed rent by your advisor is, if it is a professional quality, reflect surveys conducted in the field with real estate agencies.

• It should also be aware of the risks associated with the loss of the tax benefit if you can not find a tenant within the time provided by law. Thus, the failure rental (no first tenant), as well as the rental vacancy (no tenants following) may not exceed 12 months. Therefore, certain precautions must be taken:

- Make sure the property you are purchasing is located in an area approved by the zoning Scellier itself flawed and nuanced in the spring and summer of 2009 by two other cards: those of the Group and Credit Foncier Akerys.

- In terms of the municipality where it plans to invest, will she still the same interest at the time you receive your property after construction is completed? Do you have any idea of ​​the dynamism of the town, its demographic prospects, by relying on analysis of the INSEE, by checking with local government, etc.. Similarly, if you get help from an industry professional, and he recommends a sign of quality, it will be very precise information you provide in these areas.

- If you have not managed to rent in the six months following the acquisition of your property / departure from the previous tenant, the rent adjustment is the quickest solution. In all cases, the rent shall be in the market rent.

• In order to estimate the rent estimate, find out about the rental market. Internet and local agencies will be your primary sources of information do not hesitate to cross their data.

• Similarly, ask about the price of real estate. Therefore, you protect yourself against the mistake of overestimating the. He should not pay way too much on the pretext that allows the tax exemption, your total return could suffer! On the other hand, an overvaluation of the price of the property takes you to demand a high rent, then it is more appropriate to minimize both.

Be aware that some formulas "turnkey" include the various fees additional to this type of purchase (bank fees, costs deeds, mortgage costs, rental guarantee of failure, providing engineering). These have two advantages: first, the funding covers the whole supply and allows the investor to commit to a real estate transaction, 100% credit, without any initial contribution. On the other hand, the amount of the tax reduction is calculated on the full package allowing to optimize the deductible amount to claim on his taxes.

• Also check the amount of charges: make sure they are not too high.

• Keep in mind that this is not the ceilings set by the law defining the rental values ​​but each market that determines, based on supply and demand. The ceilings are Scellier limits not be exceeded under any circumstances and levels of rent charged or guaranteed. In 95% of cases, rents measured in the studies Akerys are well below these limits. With few exceptions appear in zones A or B1, mainly in the case of small units (studios or T1) because their rent reduced to m is higher. Rent ceilings are therefore mostly misleading elements for developers or investors, the question of their removal, leading to a more responsible and realistic setting market rents could be raised.

• Ask about the rental guarantees (in case of unpaid rent, no tenant, etc..) Offered by your real estate and the insurer. Ask them to know the criteria for selecting tenants, at your convenience and avoid those that seem too drastic.

• So, check that the insurer does not impose too many restrictions on candidates for hire, which would cause rejection of the majority of cases.

• Start looking for a tenant 4 months before getting your property, even if you purchased a rental guarantee of failure. Or take to choose your manager several months in advance so that it engages quickly prospecting efforts needed to rent your home.

• As for the location of the property you are applying for, here are some last common sense advice:

- Whether near or far from home, it is strongly recommended to take the time to visit this property: there is nothing like it to get an idea of ​​the quality of construction, location and the environment within which the residence.

To remember ...

Investment in rental real estate is not a product tax-free, it is also, as its name suggests, a real estate investment

The simulations on your investment, and its script are essential

It is essential to ensure that the investment will preserve a tax benefit (rent consistent rental demand existing pragmatism of the insurer vis-à-vis the files, etc.).

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The houses of Jerba: a traditional architectural style

As soon as the foot on the island, impossible not to notice the houses of Djerba. Houch called, they have a charm all their own. From the outside, they appear as real fortresses small square

For security reasons, the houses of Djerba are often isolated and scattered. Indeed, throughout history, Djerbians often been attacked by enemies from the sea to avoid them, the inhabitants have moved away from the coast and are scattered in the interior of the island in the campaign. The houch have been fortified and designed to resist all attempts at invasion.
Since the development of international tourism in the 60's, the houses are built more often on the coast, causing a change in the landscape Djerbian.

The colors of the houses in Djerba? The bright white for walls and roofs and the blue for doors and windows. It happens, but it is rare that the openings of the houses in Djerba are colored green bottle. With the arrival of foreign inhabitants of the island, mostly from southern and west-central Tunisia, other colors began to appear. To keep the architectural harmony, the Jerbans have banned the construction of more than two stories above the ground floor and basement.

The Mediterranean climate prevailing on the island of Djerba, the sun is important for a good time of year. The orientation of the house, and Djerba is an essential element in the construction. They are constructed so as to use sunlight for lighting and heating inside, avoiding the heat. This explains the play of shadow and light in these architectural achievements. Also to fight against the heat, the roof is composed of terraces with domes and vaults of dazzling whiteness. These rounded structures would ensure better fresh than flat roofs.

Although time has passed, the houses of Djerba, whitewashed, has retained its own architectural style. Traditional architecture that contributes to the charm and beauty of the island of Djerba.

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Buy or rent their primary residence?

Take the example of an apartment of 100m2, in Paris, housing family with 2 children:

- Location: for rent in Paris, you have to pay an average rent excluding charges of 21 e/m2 (21.2 e/m2 according to the OLAP and 21.5 m2 according Clamor e) or 2100 e rent Monthly charges for off 100 m2.

- Purchase: To purchase 100 m2 in Paris at an average price e/m2 6060 (price as at 30 June 2009, according to the Chamber of Notaries of Paris), and therefore finance 606 000 e (ignoring the costs of purchasing, that are considered self-financed by accessing), this implies, without capital, a monthly e of 3854 (20 year loan at a fixed rate of 4 + 0%, 36% of insurance, by simmensualité e in 2100, you can borrow 330 000 e (20 years at the same rate), and therefore buy 54 m2, ulateur of meilleurtaux.com).

in fact, and not with a 100 m2.

To buy 100 m2 at a price of 606 000 e, this will require a personal contribution of 276 000 e, if you want to keep a monthly payment of 2100 e. Of course, the calculation will be different for an apartment outside Paris, but it still will require a personal contribution (except, perhaps, in the Creuse ...).

And in the provinces, the purchase price down, certainly, but also rents ...

The price itself, there are the condo fees, which amounted on average to Paris in 2007 to 24.6 e/m2/an, the survey of CNAB. But some of these charges is not recoverable from the tenant, which makes it even more attractive in financial terms, the choice of location (and even adds the choice of home ownership ).

Another factor works against the accession is that related to the amortization of the loan.
The crisis that we know today has several consequences. the hopes of gain in the short term become much thinner or no gold, these are the hopes of gain that allowed buyers to buy, and sell within 5 or 6 years without much damage, for everyone knows that in a loan amortization schedule during the first year, no refund almost no capital, but only interests.

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The capital gain property

When a property is sold more than it has been purchased, the IRS charges a flat fee of 27% on the "profit" registered by the seller. The calculation of this "profit" is realized from the sale price of the property stated on the bill of sale and purchase price.

The sale price may be reduced if fees incurred by the owner in order to reduce the base figure of calculating the capital gain.

These expenses may include commissions paid to middlemen or agents, the costs of certification and diagnostics required before each sale, the cost of architect ... Conversely, the purchase price may be increased upon presentation of evidence by the amount of expenditures for construction, reconstruction, extension or improvement of housing for sale as well as the costs of roads, and distribution networks.

Subtracting the sale price and acquisition highlights the gross capital gain that has two reductions: -10% for each year of detention beyond the fifth year and a fixed allowance of € 1 000 applicable operation by operation .

The net capital gain is taxed when released since 1 January 2005 to 28.10% payroll taxes included, for French residents. This tax is levied directly by the notary on the price back to the seller on the day of sale.

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How to sell house

Does your home is fully prepared for sale. How can anyone be interested in acquiring your home?

Certainly, it is always the first assessment that will ensure that your buyer has a crush on your home.

Therefore, make sure your home is absolutely salable through judicious preparation.

You can get help from a professional real estate services through its maximize your chances and minimize your own work.

If you do not want to spend too much money by using a professional, you can also do it by yourself and make sure that your home is suitable for sale.

Now a problem arises, are you able to print your buyer?

And now here are some ideas to follow to make your home pleasant and potentially salable to a person.

Decorate the outside.

What do you expect to embellish the exterior of your home. It is a need to make the exterior look nice and neat, it will impress your buyer.
Certainly it is the appearance that provides information on the good or the bad conduct of a house, and that will affect much on the decision of the buyer.

There are two directions that you must apply to the buyer. It was his eyes and nose.
Beautifying and taking care of your garden, you disclose immediately something very positive.

Here are the steps to perform:
- Cut the grass,
- Kill the weeds,
- Take care of trees,
- Water your flowers
- Arrange your plants carefully,
- Clean the driveway, and plant flowers on the sides to give it an air of quiet,
- Take away all traces of odor: compost, etc..,
- Wash all your windows and doors,
- Keep all your tools,
- Repaint walls if necessary.

Take care of the inside.

After making sure that your buyer is satisfied with the exterior of your home, a few basic tasks must be done to make it comfortable inside the house.
This is so the buyer has the impression of being at home in your home.

Here are the steps to perform:
- Clean the floor scratch hard for stains,
- Remove any cobwebs,
- Wash your carpets with soap,
- Move your furniture and dispose of bulky
- Scrub closets,
- Make order out of the garage, basement and attic,
- Wash the windows, leave wide open in order to aerate, this will bring freshness to the inside of the house,
- If you have pets, let them take a bath or take them to the groomer,
- Move the deodorant around.

Repair and replacement

It is necessary to make some repairs but also to replace some objects in your home, especially if damaged furniture or equipment or appliances out of service.
Check:
- Broken or missing doors,
- The cuffs of your doors,
- The ceilings,
- The ventilation filters,
- Broken tiles in the bathroom,
- The valves,
- The wallpaper,
- Furniture,

Talk to your friends.

Imagine some of your friends are also looking to buy, get their share advice and suggestions for making your home more user-friendly and above all make it salable. And the vital thing is that your friends should feel at home at home.

Finally, note that these tips also apply to sell apartment.

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Real Estate 'Borloo old'

property "Borloo old" is a tax very interesting!

Real estate Borloo former applies only to rentals naked in the former. After a binding contract with the ANAH (Agence Nationale de l'Habitat) in which you must respect the resources of the tenants, you will get a valuable tax deduction on your income property. In case of decay, your rental is eligible for additional funding in order to provide safety standards in force. But you do not have the right to rent your apartment benefiting from a device "Borloo old" to a descendant or ascendant.

The capital of a real estate investment "Borloo old" is not always guaranteed. It is subject to fluctuations in the real estate market in the area where your property. Investing in real estate is always an element of risk simply geography.

Money invested in real estate "Borloo old" is available but you need to rent your property for a minimum of six years. This period is extended by three years if your work is funded by the ANAH.

Real estate "Borloo old" reports from 3% to 8% per annum, depending on the location and size of housing. Although rents are lower than the local market, the profitability of the device "Borloo old" is interesting because of the tax exemption.

Income property real estate "Borloo old" are subject to income tax (PIT). For intermediate housing, rents are taxed at 70%, and for social housing up to 55%. In case of vacant housing back on the market, you will receive an additional 30% deduction on your income property.

The capital gain property to a device "Borloo old 'is taxable at 16% plus the 12.1% social. The capital gain property benefits from a reduction of 10% per annum from the fifth year of ownership of the property. Add to this a reduction of 1,000 euros forfeit your rental income. In fifteen years, the exemption is total.

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