Thursday, 14 November 2024

Finance & Mortgage

'Chinese Invests in Australian Real Estate Again Now Double the Amount

Chinese investment in the Australian real estate market doubled last year. An annual report showed that China was the biggest investor for the financial year that ended June 30, 2015. China had received approvals to spend $18 billion which was three times the figure the U.S. put in and six times what Singapore invested.

'Reverse Mortgage: Here are the Eligibility Requirements in California

California reverse mortgage is considered the best way to convert home equity into cash. Rather than pay the monthly mortgage fees, the homeowner will be getting monthly payments, which is usually tax-free. The CA reverse mortgage is also a smart way for a retired American to have or keep financial security, according to Consumer Reports.

'Disney World Has Got Mansions Around, See These!

Disney World had long offered home buyers the chance to own a house on its grounds. It was previously revealed that buyers could purchase a home in Golden Oaks neighborhood. However, buyers could now also live in the new Four Seasons residences located right in Disneyland.

EDITOR'S PICKS

'NYC Real Estate Players Players Named In Offshore Leak Database

NYC real estate had been greatly impacted by the release of the Panama Papers. The leak revealed millions of documents from the illegal offshore law firm Mossack Fonseca. It had already led to the resignation of the Prime Minister of Iceland and had revealed the shady offshore transactions of the likes of Pakistani Premier Nawaz Sharif and the Russian President Vladmir Putin.

By Staff Reporter
'San Francisco Real Estate Rising House Values Beat London, Amsterdam, Paris Figures

San Francisco real estate had some of the most costly properties in America, to the point that in order to keep things fresh, observers had started making comparisons overseas. In a study of housing values in 26 nations around the globe, San Francisco beat out every other city.

By Staff Reporter
'Real Estate Tips: Common Mistakes to Avoid When Buying Your First Home

Planning to buy your very first home? Here are some common mistakes people do when buying their first property.

By Staff Reporter
'Can You Still Buy a New Home After Foreclosure?

A foreclosure might mean you have lost ownership of your first home, but that does not mean the end of it all. While going through a short sale or foreclosure can ruin your credit, reports state that it is still possible to bounce back and buy a new home despite this record. What kinds of instances make it easier for buyers to get a new home after foreclosure?

By Staff Reporter
'Saudi Arabia to Build Own Mortgage-Guarantee Fund

As the kingdom is facing a housing shortage in the next five years, the government is trying to implement some mitigation steps. Saudi Arabia's Housing Ministry is planning to create its own development company that will offer mortgage-guarantee fund to boost housing development in the country and attract foreign investors.

By Staff Reporter
'Should You Go for Higher Payments in Your Mortgage?

Mortgage payments are long-term commitments, especially for those who opted for a 30-year term. While some may be on the lookout for the lowest interest rate, there may be times when going for higher payments can provide you with more advantages in the long run. Should you consider paying higher for your mortgage?

By Staff Reporter
'NSW Report Suggests a Switch from Stamp Duty to Boost Housing, Economy

Lower housing cost and rental prices, more jobs, increased economic growth - these are some of the benefits that a new report said Australia can attain by switching from stamp duty to a remodeled land tax.

By Staff Reporter
'Should You Co-Sign a Family Member, Relative or Friend’s Mortgage?

Good credit is one of the requirements in applying for a mortgage. Unfortunately, not everyone is able to attain the credit rating standards set by lenders, especially those who are just starting to work. Co-signing a mortgage is one of the options being offered to buyers who are unable to apply for a mortgage because of bad credit. Should you consider being a co-signer for a family member, relative or friend?

By Staff Reporter
'U.S. Homebuyers Flock To Canada; Americans Now Into Vacation Home Purchases

Home buyers like businessman Brian Campbell first saw eight-bedroom homes listed in Mont-Tremblant and quickly the dismissed the idea. He owned one rental property and he was not in the market for another. He changed his mind though after inspecting the numbers more closely.

By Staff Reporter
'Washington, Colorado, Oregon States Top List of Markets With Fastest-Growing Prices; New York City, California Left Behind

Home prices had been steadily rising and individuals trying to buy homes had been bemoaning the trend. When it comes to the nation's biggest year-over-year growth in sales prices, already-costly New York and California did not get top spot but instead other Western states dominated the list.

By Staff Reporter