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News for Las Vegas Homes
Prices are settling ??.
2016 Home sales are up a little
bit after last years drop
in Las Vegas had been rising nearly every month in 2014 /
early 2015 ,
Homes from 115,000.00 - $ 155,000.00
selling better from the mid 170,'s and as high as
wish to go
see Note * below
property is also on the way back up..but
still slow. Spain is still a favourite and sales
are good BUT prices droped. France is selling
better in Paris while around the country, it is difficult
to say much as the prices fell a bit.
Watch countries that have a good buyer / occupier ratio
A Home In Las Vegas
Buying a home in Las Vegas has numerous benefits, whether
it is a property that will be inhabited throughout the year
or a second home which can be rented out to friends and family
or to holiday makers. Las Vegas is a lively city with great
all year round warm weather, which means that you are not
limited to letting it as holiday accommodation during a few
months only. Las Vegas has the added attraction of world famous
gambling and entertainment facilities, which appeal to those
looking for good holiday accommodation, and it $105a good
idea to consider the proximity of your property to these facilities
when deciding where to buy. Prices are generally lower in
the US than the UK, particularly in the current economic climate,
and despite this, there is still a great deal of choice in
Las Vegas, whether it is a 5 bedroom villa with pool or 1
bedroom apartment that you are looking for.
Before looking at what is on offer in Las Vegas, consider
what you want out of a property, how many bedrooms and reception
areas, what size of outdoor space, swimming pool and garage
is required. If you are planning to live there permanently,
look at what schools there are in the area, what each neighbourhood
is like, what other facilities are in each location such as
shops, cafes and bars, gyms and opportunities for employment,
if required. Use websites to see what is on offer in various
neighbourhoods and what kind of prices each property commands.
It is vital that you actually visit each property before making
an offer, and do not rely on website information alone, without
an in depth viewing. This way, you can get a feel for the
neighbourhood as well as the property, the size of the building
Always use an expert to negotiate a real estate contract.
Once a purchase agreement has been executed, an escrow is
opened. This enables both selling and buying parties to undertake
inspections independently. It is best to offer the seller
a higher deposit than has been requested to show that you
mean business. Enlist the help of a home inspector. This can
save you thousands of dollars in the long run, ensuring that
you are not buying a property that may have serious faults.
An appraiser will also assess whether the asking price is
reasonable or not. When your property is recorded at the local
county recorder`s office you will receive the keys to your
new home. Mortgages should be considered carefully in the
same way that the borrower ought to be cautious when buying
a property in the UK. If you plan to sell your UK property
in order to relocate in Las Vegas, it is usually beneficial
to have a firm buyer in the UK before embarking on finding
the right property for you stateside.
Investing in a home in Las Vegas is a great way to <a href="
http://www.cashback.co.uk/money_making ">earn money</a>
* $115,000.00 Some
properties were selling for less, BUT be
guided by your
If you are interested in settling in Las
Vegas or you can afford a realy nice
then you are probably spending $250 to 350,000.00.
Homes NICE Homes are selling around
$350, to $440.00
of your property in the Algarve can be as easy as in the UK
if you seek the help of professionals. Therefore the journey
starts with your real estate agent who should be licensed
by the Portuguese government and therefore carry what is called
an AMI number. Sales consultants are also required to carry
an individual license. This license is valid for three years
and for revalidation it is necessary for the agent to attend
seminars for further education in real estate related professions
such as real estate law, finance, property valuation and marketing.
As a fully licensed real estate agent we are here to guide
you through the entire purchase process and drawing on our
experience will provide you with advice and support; recommending
and introducing you to reliable professionals such as lawyers,
surveyors, architects, interior designers, management companies
and construction companies.
Although as a mediator we have knowledge of real estate law,
we are not authorized to give legal binding information. Therefore
we can recommend trustworthy English speaking lawyers who
have been working for many years in this area and they will
check all the necessary documentation
Documents necessary for the sale or purchase of a property
Certidão de teor do imóvel– is obtained
from the land registry office “Conservatória
de Registo Predial”, which is located in the County
Court to which the property belongs. This document contains
all important information about the property: the owner (private
person or corporate structure –national or off-shore),
the characteristics and the exact location. It also shows
if there are any charges or liabilities against the property.
Caderneta Predial– is the document issued by the finance
department and shows the owner, the location and the taxable
value of the property.
Licença de Utilização– (Habitation
license) is issued by the local council after inspection of
the completed property by the authorities to ensure that the
building has been finished in accordance with the approved
plans. Properties built before August 1951 do not require
a ‘licença de utilização’.
Licença de construção– (Building
license) is also issued by the local council and is necessary
from the start until the end of construction. If you buy a
property under construction there should be a valid license.
Ficha Técnica– is a detailed description of technical
and functional characteristics of the finished building and
compulsory for properties completed after April 2004.
Certificado Energético– (Energy certificate)
since January 2009 must be submitted by the owner with the
sale or rental of a house.
How the buying
process works: compiled by
COAST & COUNTRY
Tel:+351 289 462 438
Mob: +351 935 962 657
Once you have found the property that you would like to buy;
your real estate agent will commence purchase negotiations
with the owner on your behalf. When a price has been agreed
you will need to sign, with your agent, a letter of intent
for the purchase of the property, where, in addition to the
purchase price, the dates of the Promissory Contract (exchange)
and the Deeds or completion, it will also list any extras
to be included in the price of the property such as furniture
or a golf title etc.
Your lawyer will carry out the necessary legal searches and
ensure that there are no outstanding charges against the property
before drawing up the Promissory contract. In Portugal a deposit
of between 10 and 20% of the purchase price is generally paid
upon signing of the Promissory contract. Under Portuguese
legislation, if the buyer should then withdraw from the contract
his deposit is non refundable. Alternately, if the vendor
should withdraw, the deposit will be refunded in double.
The Promissory contract will confirm, the details of the property,
the identity of the buyers and vendors; an inventory will
be attached and it will also state the date for the Deed of
transfer or ‘Escritura’. This contract would normally
be signed before a notary, but, since January 2009 most property
transactions can be carried out by lawyers without the aid
of a notary, making the process simpler and more efficient.
The period between the signing of the Promissory contract
and the signing of the Deeds is normally between four and
six weeks but this can vary according to the terms and, for
example; if a mortgage is involved. Your lawyer will advise
you on acquiring a Portuguese Fiscal (Tax) number at this
stage and also a Fiscal representative; a legal requirement
if you are not a resident in Portugal. Your representative
will guide you through Portuguese bureaucracy and be responsible
for seeing that your fiscal obligations are met, such as your
IMI (annual property tax or rates) for which he will receive
your payment request twice a year in April and September.
IMI is a
variable calculation of between 0.3% and 0.8% of the property
value, taking into consideration factors including age, location,
construction and plot size.
Before completion the purchaser must pay the IMT (Property
Acquisition tax), which in 2013 for an amount up to €550.836
could vary between 1 - 8% on a sliding scale. All properties
above that value are taxed at 6%. For a plot the IMT amount
would be 6.5%.
Legal fees will include lawyer’s fees which vary between
0.8% and 1.5% of the purchase price, Stamp duty which is 0.8%
and also the Land registry fee.
Here in Portugal the Real Estate agent’s fees are paid
by the vendor.
Once the Deed or Escritura has been signed and exchanged you
have ownership of the property and as soon as possible it
must then be registered at the Land Registry under your name.
Upon the sale of a property in Portugal by a non-resident
any profit will be subject to a Capital Gains Tax (CGT) of
25%. However, there are many expenses which are deductible
including legal fees, acquisition taxes and official invoices
for structural works done within five years of the sale.
If you have any queries about the buying or selling process
please do not hesitate to contact
if you wish just email : email@example.com
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Buying Tips – www.realestatebriefings.com
One Effective Negotiation Technique
in Home Buying .. Leave a Comment
Buying a home can be a lot of fun; it can also be a time of
stress. There are several things you can do to ease the stress,
particularly during the negotiation process. There is one
area that sellers and their agents rely on during the negotiation
process and that is your emotions. Agents, in particular,
will be hoping that you have ‘fallen in love’
with the property – it is your dream home, and you WANT
There is one negotiation technique that can be extremely effective
– don’t fall in love with the property you are
looking at. In fact, find three or four properties that you
‘really like’ and use them in your negotiation
processes. Why three or four? Let me explain.
If there are three homes you really like, you are going into
the negotiation stage hoping to secure one of them at the
right price. Start with your ‘favorite’ property
and make an offer. That offer is binding until canceled or
withdrawn. A counter offer by the seller will cancel your
opening offer. If the counter offer is not to your liking,
don’t take the bait just yet – move on.
Make an offer on the second property and then, after a counter
offer, the third property. This process takes time, of course,
but don’t let time pressure you; let it pressure the
sellers. Having gone through three offers and counter offers,
you are now ready to go back to property number one. If you
have room to up your offer (and I assume your first offer
did leave some negotiation space), make a second offer. Because
of the time delay between the first and second offer, the
sellers and their agents will know that emotion is not a factor,
it is strictly business.
You will secure one of the properties, most likely the first,
at a reasonably good price simply because you removed emotions
from the equation. Because you are not emotionally attached
to any one property, you will be under less stress. For you,
it’s a win-win situation. The lesson here is simple
– when buying your new home, don’t let your emotions
take control, treat it as a business proposition and
always come out in front.
our friends at www.realestatebriefings.com/
is just a little of the information available
More click Here
properties featured in the Links to this web site vary so
much in size, price, quality and location that it is essential
you get the best advice. After browsing through
the site select the area your interested in and start
noting details. After several weeks you'll have decided on
an Apt. / Villa and will now be evaluating what you
can afford and how soon you can purchase.
At this point you have to select your
Buyer Representative who will advise you
of their preferences and make arrangements for you to view
the property or send you photos / video to study
at your convenience.
this point on you're on a roll or as I describe it a High,
so it is very important that you have done your homework because
it's so hard to turn back. This is the time you rely on your
agent so choose well.
you're buying in the million-pound bracket or not that
extra 1,000 can make the difference especially if it's an
ongoing payment. Remember the stock market phrase,
past performances does not necessarily guarantee for the future.
hope you enjoy using our Web site and the sites we Link to
for The Professional advice . Our wish is that your purchase
is a long lasting and enjoyable one, not one that will
have to do.
it is a Vacation / Retirement Home in the Sun and if it makes
you a few thousand that's a bonus.
Don't expect to hear everything at your first visit or initial
the Questions, Ask the Questions,