High Foreclosure Rate in Terre Haute

23 February 2015 | By preventaline in Foreclosures | Comments Off

In this foreclosure crisis, the total number of properties
which are facing foreclosure in Terre Haute is not as high as last year,
but some experts say that this is not a picture of an improving economy
in the region. With respect to the data seen on the website
foreclosure-response.org, the rate of foreclosure for the region was
7.5% in March, and this figure was lower than the rate last December,
which was then 8.8%.

The foreclosure rate in this metropolitan area is among the list of
top 50 areas across the nation. The website shows that the rate of this
region is slightly higher than the rates of some other regions such as
Elkart-Goshen with 7.8%, Anderson with 7.7% and Kokomo with 8.6%.

The collection manager and vice president of Evansville based Old
National Bank, Kevin Blaylock said, “I think the [foreclosure rate] has
shown some improvement.” He also mentioned that there is still the left
over portion of a large pile of foreclosure cases in the housing market
and “we’re not going to just wake up one day and realize it’s over.”

Things To Be Consider While Buying Or Renting Property In Delhi

23 February 2015 | By preventaline in Property | Comments Off

The real estate market of Delhi is growing at fast pace. To own a property in Delhi is a dream of every second individual of India. There are large number of accommodation options are available in Delhi such as house, studio apartment, villa and commercial properties. Real estate Bazaar of Delhi is becoming hot day by day and has shown an incredible growth over the past few years and there has been a sudden increase in property prices of Delhi. Having an own property in Delhi is the matter of pride, any person feel lucky himself, when somebody addresses him as a landowner especially in Delhi, buying house for sale in Delhi and NCR in not an easy affair. You have to mentally prepare yourself when you want to buy property in Delhi or in any other metropolis.

Buying a property in Delhi is a long term investment but to afford the property rates is not possible for every second person. In that case one can go for the house for rent in Delhi. You can choose the house for rent as per your budget and taste and rental value of house is depending upon the location you select. But if we analysis the present scenario of real estate market of Delhi, the house for rent in Delhi is huge in demand relatively to house for sale in Delhi. If we talk in form of statistics then it is predicted that the demand of house for rent in Delhi is around 60% where as the demand of house for sale in Delhi is near about 40%.

Below I am mentioning the few steps which have to be considered while buying house for sale in Delhi or house for rent in Delhi.

Buying Foreclosure Homes General Guidelines

16 February 2015 | By preventaline in Foreclosures | Comments Off

With the recent influx of foreclosure homes that have hit the real estate market, many potential buyers are excited about the enticing opportunities. However, purchasing repossessed homes
is a very risky affair. Before rushing into the market, you need to
know whether you are a good candidate for it. You should also be aware
of the benefits and risks of buying at every stage of the process.

Whether you should consider purchasing foreclosure homes
is dependent on several factors. These include your financial
situation, your home ownership experience, and whether you can access
agents with experience in buying repossessed homes.

Homeownership Experience

Klcc Property Holdings Planning To List Malaysias Biggest Reit

16 February 2015 | By preventaline in Property | Comments Off

Asian REIT Listings Generate Strong Investor Interest

On 1 March Reuters reported that KLCC Property Holdings Bhd (PINK:KPYHF), owner of Kuala LumpurslandmarkPetronas Twin Towers, was planning a restructuring, including a listing ofwhat will be Malaysias biggest real estate investment trust (REIT). The move of KLCC Property Holdings highlights agrowing trend of Asian property trust listings which in recent months hasbeen generating strong interest among investors, particularly in Japan and Singapore.

KLCC Property Holdings Planning Trust Listing

How A Flood Vent Protects Your Property

08 February 2015 | By preventaline in Property | Comments Off

If you own a property, it’s important to make sure it’s protected from potentially damaging conditions. Whether you already own a home and need to perform upgrades or you’re building a house from scratch, it’s important to consider the dangers of high water. In fact, this is such a concern in low-lying areas that any property in a FEMA-recognized A-type flooding zone is required to feature a flood vent system. By installing these devices in your property, you’ll protect yourself from dangerously high levels of water.

A flood vent works by allowing water to pass from your property’s exterior to interior and back. In doing so, it allows high concentrations of water to move to less concentrated areas. Flooding can cause a great deal of stress on your property’s foundation. This stress can cause cracks and compromise the structural stability of your home or business. While it may be difficult to detect these damages, that doesn’t mean their impact won’t affect your property’s value for years to come. As a result, it’s important to inspect your foundation and research whether or not you could benefit from a flood vent system.

For those who already own a property in a low-lying area, it’s fairly easy to install the necessary equipment. There are different products for home and business owners who have different priorities. If you don’t want to compromise your building’s aesthetic, you an choose a system that uses relatively few vents. On the other hand, someone who wants superior protection should install a system that is quite extensive. Consult with a contractor who can help you determine what’s best for your home or business. With proper waterproofing devices installed in your property, you’ll rest easy knowing your investment is safe.