Is there a real estate bubble in Kenya? Recently in the Standard Edition‚ a report by the Central Bank and World Bank said that only eight per cent of Kenyans - 320‚ 000 households - can afford a mortgage and that nine out of ten Kenyans cannot afford to buy the houses they live in‚ even with a mortgage loan in tow. The report also indicated that for one to buy a house worth Sh2 million‚ for example‚ one must have a net salary of Sh100‚000 and service the loan at Sh42‚000 a month for a period of
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Assignment 1.3 External Factors and the Real Estate Industry By Karen Chapman 11 November 2012 Assignment 1.3 Index: 1. The demographic environment: 1.1 Cultural diversity trends and developments Page 3 1.2 Demographics of own area‚ vs. national demographics and trends Page 3 2. The economic environment: 2.1 The current economic environment Page 3 2.2 Socio-economic factors Page 4 3. The political environment
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Class 1&2 -Fixture-Any piece of personal property that becomes annexed or affixed to real property that changes into real property with how it is being used -3 tests for distinguishing between personal and real property- BOOK -Furnace‚ hot water‚ light fixtures‚ air conditioning unit etc. are all assumed as real property when buying a house. -Tenant Fixture- owner of property gives tenant a white box and tenant brings in their own cabinets‚ bar‚ etc. Tenant retains ownership of
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Trishna Malik (82) Arati Padwal (90) Brindal Kothari (79) Table of Contents Introduction: 3 About Hallmark Infrastructures 3 The Management Team 4 Hallmark‚ as a Group 4 Vision 4 Mission 5 Hallmark’s Specialty 5 Projects 5 Real Estate Industry at Chennai - Overview 6 Growth Stimulators: 7 SWOT Analysis of Hallmark - Zaviera 9 PESTEL Analysis for Zaviera 10 Seven P’s of Marketing for Zaviera 12 Segmentation‚ Targeting and Positioning - Zaviera 16 Financial Analysis of Zaviera
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There is one major issue that keeps individuals from purchasing Real Estate with a consumer available on the internet. The pictures are provided by the seller and their agent to make a home look bigger and better than the reality. Without being able to set foot inside the home and see with your own eyes every nook and corner of a home‚ one is unable to truly decide if a home is ideal or not. There is no trust established between buyer and seller which are essential in any purchase. With a home purchase
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eing a real estate agent is not easy. With the money involved‚ you can be sure that selling a house is no mean feat. Still there are many benefits that real estate agents enjoy. Pursuing a career in this field may not be easy. But if you do your best and stick it out you will be well rewarded for your efforts. I have been an agent for a few years now. And although the road to becoming one has been extremely challenging I have no regrets. Here are some benefits of being a real estate agent. Time
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Real Estate Principles Examples of contracts: Valid contract: A homeowner (who is over the age of 18 and of sound mind) signed a contract with the appliance store to buy a refrigerator. The homeowner pays for the refrigerator and the appliance store presents the refrigerator for the homeowner to take home. Void contract: Contract that was between an illegal drug dealer and an illegal drug supplier to purchase a specified amount of drugs for a specified amount. Either one of the parties could void
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Lecture 1 • Real property vs personal property o Real → the land and anything there (dirt and building) • Ranch‚ building‚ shopping center‚ etc. • IF YOU own real property‚ it must be in writing o Personal → everything else • Title o The ownership of that real property o Proof: deed • The deed evidences the title o Recording of the deed • Take the deed to the court office to record it • Recording is to claim ownership • Lessor & Lessee o Lessor → the owner of the property (landlord)
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Political Not only does South African politics influence the real estate market but neighbouring countries’ political situation can easily spill over into SA. In recent history stats have shown that the number of sellers selling due to emigration has doubled and this is mostly due to political instability. Zimbabwe has for long had political problems and this directly influences any potential investments both locally and internationally‚ says Craig Hutchison chief executive officer of Engel & Völkers
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What is a Real Estate Note? A real estate note or mortgage note is similar to a promissory note which is a written promise or obligation to pay a specific amount‚ with interest‚ within a specific time frame. The mortgage‚ also known as the security instrument‚ pledges the property as collateral to ensure the performance on the obligation. This allows the note holder to sell the property and re-coop his investment in the event the payer does not pay as agreed. Mortgages can be sold over and over
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