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Loading...Before jumping into the purchase of a duplex, there are some legal issues that you’ll want to consider. Many are unaware that duplex living is akin to living in a condo, and there are certain agreements that should jointly agreed upon, and on paper, before you sign the dotted line. Duplexes have become more and […]
(1 votes, average: 5.00 out of 5)Loading...Does the Mexican government own my land if I purchase land in Mexico? Due to recent trade agreements made between the United States, Canada, and Mexico, called the North American Free Trade Agreement (NAFTA), and bank trusts, called Fideicomiso, foreigners are allowed to purchase land in Mexico. American Title companies are also involved in the […]
(No Ratings Yet)Loading...Few would deny that real estate is a solid investment. It provides an attractive combination of stability, reliable cash flow, preservation of principal and capital appreciation. However, many investment property owners nearing retirement find themselves in a quandary. They are equity rich, but cash poor, with increases in the value of their property far outpacing […]
(No Ratings Yet)Loading...What is title insurance and why should any buyer get it when purchasing a home (single family, townhouse, condo, apartment, or whatever format your home purchase takes)? Doesn’t the attorney or settlement company handling the closing see to it that you have a clear title? Isn’t this just another way for someone to siphon a […]
(1 votes, average: 5.00 out of 5)Loading...Generally, apartment-style buildings are called condos, two-story row houses are known as town homes, and free-standing homes on small lots are referred to as garden homes. Unfortunately, this description creates some confusion about real estate ownership. Apartment, town home, and garden home describe the design or construction of certain homes. The word “condominium” does not […]
(No Ratings Yet)Loading...Many people ask “what is fractional ownership?” and the closely related question “Is it timeshare? In this article I will attempt to answer these questions. This article is concerned exclusively with the fractional ownership of leisure/luxury assets. However most of the principles would apply equally to the fractional ownership of a practical item (e.g. for […]
(No Ratings Yet)Loading...Majorca’s proximity to the sea and the scenic beauty that surrounds it is any investor’s bait. More and more people are trying to make Majorca their home or place of business. Realizing its potential in the buyers and sellers market, agents are grabbing this opportunity to operate on Majorca property. Their services are many and […]
(No Ratings Yet)Loading...As you grow older, the issue of wealth building comes front and center. Wealth building simply refers to increasing the net value of your total assets. Wealth building over time is one of the advantages of home ownership. Building Equity Owning a home can help you build wealth in two ways. First, you build equity […]
(No Ratings Yet)Loading...The new millennium has not been good to stocks, bonds, mutual funds and other financial investments. Most investors have found that the best performing asset in their portfolio is their home. Real estate has been a safe haven for investors with appreciation far outpacing other investments. With the security and growing values of residential real […]
(No Ratings Yet)Loading...Fractional ownership schemes are marketed using the advantage that fraction valuations are underpinned by the value of real estate. However as soon as real estate is put into a fractional ownership scheme it will no longer be valued in the same way as it would have been as a complete unit. When is Real Estate […]
(No Ratings Yet)Loading...Owning a racehorse used to be confined to those fortunate few who were rich and privileged enough to afford one, which is not surprising when costs of feeding, training, vets bills etc are all taken into account. But not anymore thanks to the formation of syndicates. It is now possible to own a share in […]
(No Ratings Yet)Loading...Everyday across the country people wake up each morning, negotiate the rush hour traffic or public transportation, and put in full-time hours Monday through Friday at a mediocre job they do not particularly enjoy. They dread Sundays because they know they have to go back to work in the morning. They feel helpless when they […]
(No Ratings Yet)Loading...Life happens when you’re not ready. Hurricanes, tornadoes, fires, floods, landslides, earthquakes-all of these things can come when you’re unprepared. That’s why it’s important to safeguard important documents by storing copies in a safe place away from your home. What do you do if you need to prove ownership of your property, and you cannot […]
(1 votes, average: 2.00 out of 5)Loading...Most people want to go on vacation, at least once, every year. But take a moment to add up everything you’ve spent on all your vacations. Now think ahead to all the trips you dream of taking and what you know they would cost if you bought them individually-thousands of dollars for every trip, without […]
(No Ratings Yet)Loading...“Action may not always bring happiness; but there is no happiness without action.” -Benjamin Disraeli “There is nothing more frightful than ignorance in action.” -Johann von Goethe “Remember, people will judge you by your actions, not your intentions. You may have a heart of gold — but so does a hard-boiled egg.” -Anon. The missing […]
(1 votes, average: 4.00 out of 5)Loading...The multiple ownership of individual weeks brought with it the guarantee of reservations for those who wanted to ski in the area. It was an immediate success. By the 1970’s some faltering condominium projects in St. Thomas, Fort Lauderdale and Puerto Rico were converted over to vacation ownership and thereafter timesharing became a viable vacation […]
(No Ratings Yet)Loading...With timeshare the use and costs of running the resort are shared among the owners. While the majority of Timeshare resorts are condominium vacation resorts, developers have applied the timeshare model to houseboats, yachts, campgrounds and motor homes. History of Timeshare The notion of a timeshare was originally created in Europe in the 1960s. A […]
(No Ratings Yet)Loading...The security of other Timeshare owners at your resort. Many resorts to choose from with the exchange program world wide . Lock in your timeshare vacation accommodations. For example: If you purchase a timeshare today at $5,500.00, use it 10 years and sell it at the same price you paid for it originally…you end up […]
(No Ratings Yet)Loading...Q. What happens when we keep “passing the buck” and blaming others for our own errors and shortcomings? We get a reputation as a shirker – a liability who won’t accept being made accountable. Not only does this do us no favours at all in the eyes of others, it also means we’re less likely […]
(No Ratings Yet)Loading...Responsible dog ownership not only involves taking top-notch care of your pet, experts agree, but also being considerate of those around you. A recent survey by the American Kennel Club (AKC) revealed that some dog owners need a tighter leash on their canine companions-especially when out and about in the community. Forty-seven percent of non-dog […]