Wednesday, December 26, 2012

The All-Time Necessary Catalogue Before You Move Out


Have you been thinking of moving out to a new place and selling the old one? Well, if you are doing it for the first time, make sure you hire real estate agents. This is because only an expert can help you with the right marketing and sell your home to a suitable client at appropriate rates. Along with this, there are numerous other things that should be included in your schedule before selling the property. Let us understand what they are:-

Hire a broker: So, you have decided to sell the property, the first thing as mentioned earlier is to hire a broker that has been registered with an agency. This will help simplify the process of selling and buying homes. Brokers are extremely useful as they help in understanding the market so as to provide useful advice that may affect the deal of your house. For instance, they help with the planning, giving tips that are vital and need repairing, eliminating and moving unnecessary furniture, along with setting up a final price for your home.

Hold an open house: Open houses have been a time-honoured tradition of showing a house to prospective buyers. You can either choose to run an advertisement in the paper or online or simply ask your agent to do the needful.

Choose a lender wisely: You are going to be selling, if only, you have a profit, this profit along with your savings will help you purchase another property. This is why, it is crucial to set up finances, before buying a new home. Look for various financing options that are being offered by lenders. Compare rates and then make certain that you get a pre-approval letter for loan you are qualifying to obtain. Under no circumstances apply for maximum mortgage, as lower mortgage payments are a lot easier and convenient to pay.

Sell before you buy: It is a good practice to sell a property before you purchase one. There may be high chances of you being allured to big and beautiful properties and may not get what you thought you would.

Monday, December 24, 2012

Dubai Is Ready To Rock And Roll All Over Again!

Dubai had sparkled out of the Arabian Desert to be known as a top-notch city around the world. It has, and continues to fascinate its entrepreneurs and adventurers. It was once a sluggish fishing village, but today, it is a prosperous urban sprawl with a refined network of highways and skyscrapers. It has to its credit a plethora of extravagant malls and first-class hotels and attractions. Furthermore, Dubai, aspires to reinforce its position as the Middle Eastern hub for conveyance and sightseeing. For this, it has initiated quite a few major construction projects that abide some of the characteristics of the debt-laden boom years.

Dubai is gearing up to build a replica of Taj Mahal known as Taj Arabia by 2014. This facsimile, however, will be four times bigger than the original monument. It will include one million sq ft of retail space besides a 300-room hotel. Furthermore, we are well-aware about the gold and jewellery business in Dubai increasing every year. Therefore, there are plans to target the best of jewellery retailers from around the world to attract more tourists. The central theme of this colossal monument will be wedding and romance. What's more, Dubai has always aimed to reinforce its position as the Middle Eastern hub for transportation and sightseeing. Hence, it is no surprise that, HH Sheikh Mohammed bin Rashid Al-Maktoum, the Dubai ruler, has ordered the erection of a new city, named Mohammed bin Rashid City. This city would be at a whopping sum of more than $10bn. This city will be set in a dexterously backdrop estate replete with lush greenery, soothing water fountains and flowing streams. It will encompass 100 hotels, world’s largest shopping mall, art galleries, exhibition centres, and five theme parklands. Sheikh Mohammed is confident that the projects will help boost Dubai’s economy and infrastructure.

 

Nevertheless, Dubai will have to be cautious to steer clear of another boom and bust, with industry stakeholders having to make certain that the upturn in the construction sector is built on strong foundations rather than on conjecture, corroborated Liz Martins, an economist at HSBC Middle East.