Thursday, June 19, 2008

How to Invest in the Right Real Estate Properties

Real estate is something that many people will definitely invest a lot in. However, the proper analysis, timing and considerations for property investments are a definite need.

Real estate investments are indeed something hard on the pocket and normally, people would be wise to think twice on using loans to help finance their desired investment venture.

Property and real estate investing is indeed a good recourse. However, it also needs sanity and maturity as far as investing in tempting properties is concerned.

Sunday, June 08, 2008

Watch out for the Real Estate Scams



With a crisis-ridden world today, you are bound to encounter some con artists who will try to con you out of your money. Much of them prey the real estate business and mislead you. Not all people have settled the premiums of their homes and for sure, expect some scam brokers to come knocking on your door and give you options. Options for them to earn and steal away from you of course.

That is just the thing these days. You can no longer tell who are genuine and who are not. Mortgages and loans especially in the real estate sector has had its share of these scammers. So whether you trust you broker or not, be careful. You may end up losing more than just getting rid of back debts in mortgage bills for your home.

The most basic involves pushing on homeowners' phony documents that appear to be a new mortgage application. These are known as rescue loans which, if correctly represented, give a homeowner the cash to stave off a foreclosure. Instead, these false documents turn over the title.

A more sophisticated version of this scam involves a rent-to-buy provision. Here, a mediator matches a distressed homeowner with a management company that takes over the property while giving the homeowner the ability to become a long-term renter, with his rent paying down the mortgage.


(Source) Yahoo Real Estate

Wednesday, June 04, 2008

High Cost Real Estate Markets Today


Hard times are here and apparently much has hit the real estate binge. People are apprehensive of buying property these days and much of it is because they cannot afford it.

There will be of course loan options where you can borrow a certain percentage of the whole price of the property and pay in installments. But if you are the wise pencil pushing person today, you also have to manage your finances. One non-payment will incur penalties which in turn will become additional expenses unsolicited.

You will be surprised though that some countries like London, Monaco, France, and Hong Kong could care less about the crisis besetting us today. For them it is business as usual and while the turnover of these properties may not be that fast, they are willing to wait. They believe in their work and apparently someone will come along and buy these properties. Well…hopefully that is.

Despite global economic concerns, the credit squeeze, and rising commodity prices, properties in the world's most expensive neighborhoods are still commanding ferocious premiums. While $1.5 million in Cleveland or Tampa would probably purchase a substantial house, with four bedrooms, a multicar garage, and maybe even such amenities as a swimming pool and media room, in London's Belgravia or on Manhattan's Fifth Avenue, it would buy you little more than a glorified shoebox.


(Source) Yahoo Finance

Tuesday, May 13, 2008

Does the Philippines Care about Green Homes?


Green homes and living is famous word today but apparently some countries like the Philippines are not buying it. This third world country, apparently one of the leading Asian continents that is vastly suffering from poverty, knows how it is to live green but apparently is apprehensive on investing in it.

Much of this is pointed at cost. Not all people can afford the new green technology in the market today. Add to the fact that some of these green inventions are not available in third world countries just yet. These places are always the last to be updated except for technology breakthroughs.

With that in mind who is to blame? The leader of the Philippines or the Filipinos who seem to be lagging in development and better lives today?

Wednesday, April 16, 2008

Real Estate Fraud Gets out of Hand

Crisis is something that is upon us and if we are not careful on how to deal with them, we may end up with a double black-eye in the process. Real estate and mortgage issues are one of the leading problems we have to face today and apparently most people have to be careful with the people they are dealing with.

If we as individuals are having trouble these days dealing with the growing pains of financial burdens, others are using it as an opportunity to con and cheat people out of their money and property. While many would play savior and offer some help for us to survive these financial crisis we find ourselves in, it would be best to properly analyze the whole situation since we may very well end up being the biggest losers in the end with totally nothing to show.

Saturday, April 05, 2008

EDSA Shangri-La Hotel For Sale

Size: 87 Hectares

Location:
Situated in lush gardens in the heart of Manila's Mandaluyong City financial and commercial district, the hotel offers exceptional convenience for both business and leisure travellers. Within easy walking distance of Manila's most celebrated shopping mall, the hotel is just 7km from the Makati Business District and 13km from the Manila International Airport.

Accomdation: 632 elegant guest rooms and suites with traditional Filipino design.

Selling Price: Php 60 Billion Pesos

Notes: Should client be interested in purchasing the said property, we would appreciate a letter of intent or offer to buy with bank certification where ready cash was deposit as payment for the said property.

Admiral Hotel For Sale

ADMIRAL HOTEL
2138 Roxas Boulevard
Manila, Philippines

Status (Not operational)

Room Amenities:
 Newspaper (Free)
 Hair Dryer
 Refrigerator
 Television (Movies/Pay)
 Television (Cable/Satellite)
 Microwave Oven
 Television
 Phone In Bathroom
 Private Bath
 Balcony/Terrace
 Mini-Bar
 Radio/Alarm Clock
 Shower
 Air Conditioning (In Room)
 Bathtub
 Telephone
 Non-Smoking Rooms
 VCR (In Room)
 Daily Maid Service
 Safe (In Room)
 Kitchen/Kitchenette

Hotel Details:
 110 Rooms / 8 Floors
 Built in 1938
 Fax (For Guests)
 Babysitting or Child Care
 Elevators
 Shops/ Commercial Services
 Laundry/ Dry Cleaning Service
 Concierge/ Club Floor
 Business Center
 Deposit Box
 Secretarial Services
 Car Rental
 Express Check-Out
 Concierge Services
 Common/Public Areas Accessible to Wheelchairs
 Barber/Hair Stylist
 Pets Allowed
 Currency Exchange
 Front Desk (24 Hour)
 Smoke Alarm in Rooms
 Photocopy Service
 Newsstand
 Gift Shop
 ATM/Bank
 Modem (For Guests)
 Doctor On Call
 Air Conditioned Building
 Sprinkler in Rooms
 A-V Equipment Rental
 Security (24 Hour)
 Room Service (Limited)
 Health Club - Limited
 Health Spa/Massage
 Pool (Outdoor)

Selling Price: Php 500 Million Pesos

NOTES:
Should any client be interested in purchasing the said property, we would appreciate a letter of intent or offer to buy with bank certification where ready cash was deposit as payment for the said property.

Heritage Hotel For Sale

As reported, the Heritage Hotel is for Sale.

Details and Specifications:

Physical Address: Roxas Blvd. cor Edsa Pasay City

LOT AREA : 9,888SQM

FLOOR AREA : 44,250SQM

HEIGHT : 9 storey with basement

NUMBER OF ROOM: 467 Guest Rooms

AMENITIES : Swimming pool
High tech key lock system
IDD Telephones
Mini bar
Fully equipped Gym,
Grand Ballroom that seats 500 guests
4 function rooms
Restaurant Riviera (Western and Oriental Dishes)
Sunset Boulevard
American Bar
Hua Ting Cantonese Restaurant (with private dining rooms)
Business Center
Helicopter Landing Pad
Doctor’s Clinic
Gambling Casino

PRICE : PHP 30 Billion Pesos
NOTES:
Should any client be interested in purchasing the said property, we would appreciate a letter of intent or offer to buy with bank certification where ready cash was deposit as payment for the said property.

Real Estate Bank Rumor Mill: Philippine Hotels Up for Sale

News Flash!

Due to the numerous inquiries of the Manila Prince Hotel availability, I took the liberty of looking around for other hotels that are for sale in the Philippine area. Guess what! I got a couple of well-known hotels that are being offered for sale and they are in operation.

1. Edsa Shangrila Hotel
2. Heritage Hotel
3. The Ambassador Hotel


Details to be posted individually. Watch out or be the first to inquire to avoid being shelved into the line of inquiring clients.

You can email me at byalung@gmail.com so you can get the first crack!

Friday, April 04, 2008

Philippine Hot Springs Land For Sale


Hot spring resorts are famous in the Philippines and if you are in the market for such a great investment read on.

Currently the property and other property owners beside this potential parcel of land wants to sell this promising spot located at Laguna. The total area being sold is 87 hectares.

Here are some specifications:

- Located at Calauan Laguna
- Agricultural Type
- With Natural Geothermal Source
- Two ways to get to area.
- Selling at Php 1,000.00 per square meter
- Seller shoulders Capital gains tax and compensation of
tenants.
- Beside Hidden Valley Springs Resort.


If you are interested in this potential property investment in the Philippines, email me at byalung@gmail.com for further details on the wise investment you can possibly make.

Sentosia Philippines Condominiums for Sale


If you are in the market for great condominiums today, chances are you should better check out the Sentosia Condominiums being offered in the Philippines today. Sentosia offers an entirely new meaning in the condominium concept and provides you the opportunity to own luxury condo-townhouses along the Bay City of the Metro Manila area.

Almost anywhere in the world, bay areas are almost always the site of prime real estate developments, whether commercial or residential. Catch the fresh sea breeze coming from the sea and enjoy a front seat view of the famous Manila Bay sunset.

It is practically an opportunity not to be missed if given the chance to live in the Bay City.

Proximity To Other Destinations
Without the hassle of traffic, Sentosia Condominiums is very near the capital city Manila and the Makati Business District. The site is just ten minutes away from these cities. It is also near the neighboring provinces of Cavite and Laguna where major industrial parks are located.

The project is conveniently close to public transportation terminals and major establishments such as SM Mall of Asia, Blue Wave strip, Dampa Seafood restaurants, S & R, banks and gasoline stations.

Value for your money!
Sentosia Condominiums are sold per square meter at very low rates compared to other housing developments. Your investments appreciate faster because of its prime location. It is worthwhile mentioning that the Bay City will soon become a major tourist destination and enjoy international recognition. There are various financing schemes accepted:

  • In-house Financing

  • Low interest rates with accredited banks


  • For inquiries you may email me at byalung@gmail.com

    Sunday, February 24, 2008

    How to Turn to Cheap and Unique House Refurnishing


    Whether you are starting a brand new phase of life or bored of the same look around, you will definitely want to change the decor of your house. Redecorating the house is easy if you have a specific goal in mind. You should have an idea about how exactly you want the new decor to look. This article will not only give you tips on home redecoration, but also help you achieve your goal within a small budget.


    Maybe you have a traditional decor and you want to make it feel more contemporary. Maybe your house is more of a bachelor pad and you feel the need for a more formal ambience. Whatever the case, study each of the rooms in your house and try to understand what is making your rooms look renovation worthy. Is your house too cluttered with many living room furniture pieces? Do you want your home to look formal? Would you prefer a soothing environment in your house or an energizing one? Once you have understood what is wrong with your current decorations and decided exactly how you want the newly decorated house to look, the process of refurnishing will get much easier.


    Now you must think about the changes you need in the color settings. Often the simplest and cheapest way of changing the look of the house is to change the wall colors. A boring room can get an instant uplift with a pop of colors. These days you can even get wall colors with beautiful textures that make their own style statement. You may not even need wall decorations if you choose the wall color smartly. As you decide about your color choices and other arrangements for each room, keep a notepad and pen with you and jot down all your preferences. This will keep you from getting confused later.

    Wednesday, February 20, 2008

    The ADDRESS at Wack Wack Mandaluyong, Philippines


    Here is a good investment opportunity for people who are looking for luxury and style as far as Condominium living with class is concerned. The ADDRESS at Wack Wack is strategically located in 30 storey condominium building in Mandaluyong City, Philippines which is easily accessible to business centers, schools and shopping malls. Easy access towards transportation and main roads is also an added luxury and living with the high-end condominiums as well puts you in good company.

    They have standard units available in:


    • 1 Bedroom Executive (58 SQ.M.)

    • 2 Bedroom (76 SQ.M.)

    • 3 Bedroom (114 SQ.M.)

    Parking allocation:
    ALL UNITS COME ALREADY WITH PARKING SLOTS, 1 slot for 1 bedroom, 2 slots for 2 bedroom, 3 slots for 3 bedroom, Penthuse units all have 3 slots)

    Just check out the features of the ADDRESS:

    • Double height Manhattan inspired grand lobby
    • Concierge services
    • Infinity pool on the top most floor
    • Multi-purpose Social hall
    • Fully equipped gym and fitness center
    • Units fully finished with upscale materials
    • 2.5m wide corridors
    • 3 High speed elevators
    • Sufficient Back up power
    • 3.0-3.2 m floor to ceiling height
    • All units with appurtenant parking slots
    • Fire alarm and smoke sensitive sprinkler system
    • Provisions for phone and cable connections
    • Special garden and penthouse units available
    • 8-15 units only per floor, low density development
    • Scenic views of Wack Wack Golf and Makati, Ortigas skyline

    For inquiries you may email me at byalung@gmail.com with your complete name, address and contact numbers. We can also schedule site visits at your convenience.

    Taking out a Loan for Property Investments


    One thing that hinders people from making investments in properties and real estate is financial capacity to support their want. Even before the financial crisis that has hit our world today came, financial management is something that has always been an issue that deprives people from making wanted investments in the world of real estate and property management today.

    With these in mind, it makes you want to wonder if it would be best to take out a bank loan or wait for a miracle to happen. Let us take them separately.

    Bank Loans
    It is easy to apply for a bank loan. Most banks and financial institutions offer housing loans to people but with added interest. Truly, some people may find it hard to invest in properties with the current cash funds they have. Properties need millions to attain and unless you are among the financially blessed families, chances are you will be considering loans to assist you.

    They usually offer fixed annual rates and amortization schedules depending on the amount you are planning to borrow. These in turn become financial burdens for people since the monthly amortization requires them to pay the principal amount plus the accrued interest. Taken altogether, your monthly expenses are expected to balloon. The worst scenario is not being able to settle the monthly amortization schedule which would in the end become a reason for them to place you in the bad credit bureau and even foreclose your property in the end.

    So from here, it is indeed easy to take out a loan. But the consequences that follow later is entirely disheartening but a reality we all have to face. So when you make a bank loan, make sure you can manage and afford it.

    Waiting for Miracles to Happen
    This is the long shot wishes to which people would pray for miracles in the form of inheritance, sudden winnings from lottery or big commission on sales. These are not the usual things that you can expect to happen everyday. They come once in a lifetime if you are indeed lucky. But if you base it on consistency, they are just one shot deals that may or may not happen.

    There are others who prefer to do it the traditional way of saving from what they earn. For sure, time will not be on their side, since it will take years for them to accomplish. But as far as toiling and sacrificing for a common goal or good is concerned, the personal fulfillment of it al will truly be amazing in the end. You may not enjoy everything for your entire life but at least you lived it while you are in the world. Further, treat it as an investment for your offsprings. That alone is the best gift and example you can have them inherit from you.

    Saturday, February 16, 2008

    Cagbalete Island Investment Opportunity in the Philippines

    If you love the beaches of the Philippines so much, why not invest on them. Cagbalete Island is now on the process of developing his part of the pinky white sand and sparkling-clear water beach-front. A reasonable but worthy vacation spot rather than continuously wasting your money booking reservations and paying for occasional visits to the lovely beaches of the Philippines.

    Facts about the Investment Offering:

    Travel time:
    Cagbalete Island is just 4-hour drive from NAIA Terminal and 45-minute boat ride to the Cagbalete Island

    Travel cost consideration and road access:
    Mauban Quezon (to Cagbalete Island) can be travelled by road from Manila.as opposed to Boracay.
    Local and International travellers usually are from Manila/NAIA

    Land Area:Cagbalete Island has app. 1,700 hectares (as opposed to, say Boracay, of less trhan 1,100 hectares

    Investment cost:
    Php 5,000/square meter (initial offer) as opposed to that of Php 20,000/sqm of Boracay's beach front

    Beach set up:
    The beach-bed has wider and flat-like front. Safer to kids, and amateur swimmers.

    If all seems tempting to you, just drop an email at mailto:byalung@gmail.com

    Let me know what else you would need and I would gladly furnish you with additional information, data and documents for the investment opportunity.

    Thursday, February 14, 2008

    Le Grande Studio Room For Sale

    A small condo unit in Anapolis St., Greenhills is being offered for sale. Studio type. Selling price is Php 2 Million pesos exclusive of dues and fees.

    email at byalung@gmail.com for more details.

    Tuesday, March 27, 2007

    The Stuff You Need When you Move In

    So let us assume you have officially bought your own home, apartment or condominium unit. Now that you have the place, it is highly unlikely that you will leave it as it is. The next step is to plan what furniture to buy, measure the most likely space that they will eat up and canvass the best price you can get for them.

    Furnishing your place is something that will take more than a day to plan. For one, visualizing the whole place and seeing what type of furniture would be best suitable is the hardest part in the initial stages of interior decorating your pad.

    Space allocation management is another thing. Especially for condominium units, you do not have the luxury of space to bring in large sofas, king sized beds, a home theatre setup, a plasma television set and so on. People have to be wise since for sure, forcing the issue will make their place look like a can of sardines!

    Wednesday, February 14, 2007

    Spending a Memorable Evening by the Fireplace


    For most people, a simple stay in their own condominium unit or house living room is all that may be needed to savor a relaxing and enjoyable time. Sitting by the usual fireplace and other furnishings found in this part of a unit will be a recharging site, especially for people who put emphasis on quality time outside the everyday hazards of earning a living.

    A home is the investment to which people would want to retire in some day. While such would be a dream for most people, it is best to build on invested homes initially and then lean towards casual improvements and enhancements as time permits along with the usual costs for applying them.

    Chandeliers, lighting fixtures, side tables, vanity finishes, floorings and wallpapers replacements are only some of the usual maintenance proceedings that people will surely consider at any given point of the property’s existence. The overall value of the home would usually be appreciated in costing and sight, since improvements are what puts additional values towards a bare home.

    Sunday, February 11, 2007

    Living in Elegance and Style


    Modern architecture and designs have attracted most people to become more creative to come up with that ideal atmosphere in their homes for that relaxing ambiance that anyone would deserve. The interior designing of any home or condominium unit has been seen to be among the demand today, each trying to improve with designs that they are able to encounter daily.

    Elegance in living can be defined in many ways. It does not have to cost that much to appreciate and make the necessary way of living life at its finest. Bedrooms and living rooms would usually be the point of focus by most people, largely becoming competitive scales when compared.

    The belief is that the higher the cost of furniture and fixtures, the better the outcome of their overall design. While this may hold true, the combination of the items purchased will still be a telling factor since not all expensive and exotic furniture available can turn out the desired outcome for luxury designed rooms.

    Additionally, it would all depend on impressionism as seen in the eyes of the home owner. Each input and idea is critical in coming up with the ideal interior design. Magazines and catalogues would have ideal and recommended outputs of developed and actual footage today. But in the end, it is a matter of combining them into one design overall that will really spell the difference.

    Friday, February 02, 2007

    The Best Part of Your Home


    All of us have our own preference in our homes as to which is the most relaxing and convenient part of our homes. Some would usually consider their bedrooms, but this does not really always follow. Most would be surprised that other parts of the house such as the den, living room, dining room or even the kitchen can be one of the favorite places a person would love to hang out in their homes.

    Architectural and interior designing is one aspect that renders the ideal ambiance that most people look for in a room. Colors are often disregarded but they really set the mood for most people. The little furniture add-ons like a table lamp, sofa, couch, or side tables play an integral role in upholding that ideal atmosphere to which people can sit back relax and recharge their body and senses.


    A home is a place where people would retreat at the end of the day. Some would love to simply stay indoors and enjoy the comforts of their actual homes. The manner to how people could revert to their homes for asylum or sanctuary would be something worth studying. But the best way to sum it all up is that homes keep a person secure and a place of solace every time the need to retreat and rekindle thoughts would suffice.