Always ask them for a quote which they are obliged to give you without you being tied in to a contract. Prior to that you need to know what you want or need when you are moving with the investment.

No matter whether the market is a good one or a bad one, there are always different moves that you can make in order to get the right person moved in to your property. And if you buy a property always remember the number 1 rule: location, location, location.

One of the several ways that you can move into a real estate investment is with Leasing. If you are having difficulty selling your home or property, then you can consider leasing as an option instead of selling it. If you decide to use the lease option for the property, then it means that you will become the landlord for a period of at least one year.

The tenant will have a contract that is signed for this amount of time that says to take care of the property and pay rent. After the time period is up, the tenant will have the option of buying the property from you.

If you are considering buying a home, this is a good first step to get into. You will have lower payments, will be able to build your credit, and will have the option of trying out the property before you buy it.

If you are selling the property, it can also be beneficial, as it allows you to demand a higher price and move into a better market when it is time to sell. Usually, by the time you are ready to sell, you will be able to offer a price that is ten to twenty percent higher than it would have been a year before.

If the market is not a sellers market and you find it hard to sell your home and you have not found any interest regarding your property, then leasing is a second option that you can consider. Leasing the property gives you the ability to profit from both sides.

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Should I buy now or wait to see if prices down?
Regardless of personal considerations and types of housing, if we look at the source of the demand for classifying the housing market, we would have a classification similar to this:
1. VPO (First housing and low incomes)
2. Housing middle (middle class and replacement housing)
3. Luxury Housing (Demand with high purchasing power)
4. Second Residence (Housing for holidays, weekends, etc.)
Means replacement housing, housing that is purchased after the first purchase and be assigned as a residence.

VPO
There is a large unmet demand for the market right now can not attend due to lack of soil which could be used to subsidized housing. In coming years we will increase the supply of such housing and surely there will be more and better opportunities to buy a house this tipe.

Media House
Is the house that was built more in big cities and that at this moment seems to be more stop. It’s probably the type of housing that has more competition due to existing housing stock and finished product is the greatest risk due to adjustment in the price. These adjustments may come for developers who need to sell, citing the possibility of being unable to cope with the financial burden or to investors who are approaching the time of writing and could not resell or housing. Both are interesting if the buyer has found a home you offer and subsequently be very difficult to get a better price for the property. In another situation I would wait until the first quarter of 2008 to see how the situation develops.

Luxury Property
It is a product with very few ups and downs, usually maintain a more stable sales pace than other homes.
The buyer of this property type serves much less than the rest of the market situation and this is as good a time as any.

Second Residence
It is a home from which we can neglect and due to the “psychosis” caused by the media, compared to prick the housing bubble would ensure that the four is the most stagnant. Price adjustments, also come for the two ways discussed above, should meet to buy one of those cases. Otherwise I would wait until the next Easter, where surely we can find good opportunities in both new construction and second hand .

But obviously buying a home outside of Europe is not like buying the second hand shop around the city. There are many benefits to be gained, but also the risks. The first thing is to have good advice, which is able to tell us where and when to invest, and especially when to leave. This could not have proliferated in recent years several companies specializing in property investment abroad, as Property Secrets. Perhaps the most critical decision is knowing where to invest. It is important to conduct thorough research on the reality of the country where the host country, its political and economic situation, and not stay with what the pamphlet says turn. One should also take into account the currency that is handled in the country. Indeed it is much easier if you move within the euro zone, since your concerns will not have to add the possible depreciation of the currency.

Furthermore, it is always convenient escape from the tourist areas, and find those where the most important driver is the domestic market. In this way it will be easier to sell the apartment at the time that we consider it appropriate, and not subject to seasonal variations or trends.

For real estate investment funds, after the peak in 2007, the appearance of new instruments has begun to decline after mid-2008 with the collapse of Lehman Brothers. The 10 largest in Britain fell 20% as a result of minor variations and removal of cash from the owners.
The new funds have less leverage. Those that were created in 2004-2005 put together his portfolio, bought highs and are now paying the consequences, but those who have not invested during 2006-2007 and are still going to make excellent liquid operations. Broadly speaking, investors are always seeking security, liquidity and the highest return on their investment. Generally getting 2 of the 3 is covered, but in Real Estate which is not easily achieved is liquidity. Nor can always measure accurately the level of risk as to give a classic example: whether the sole occupant of a major office building will fulfill the entire contract (remember Enron). This creates great uncertainty, the worst situation in real estate.
The local vision

Kreimer Nestor, president of the developer Kuantica noted that “no doubt that the inverter model 2009 has few similarities with the operators of recent years. Today professionalism is a condition of subsistence to generate good business and operate as a power-house of more sophisticated investors, and in turn, be a facilitator of new opportunities and markets to test turbulent times.” In turn, stressed that “now is not for sale what is built, if not to be built what sells.” Meanwhile, Ricardo Andino, president of the Federación Argentina de Entidades Construction (FAEC) notes that “talent is the current investor to be alert and prepared for the inevitable change holds for crisis situations, applying the lessons they left past mistakes. ”
Peter Nicholson, Partner of the Department of Real Estate Investment Beccar study Varela said that “it is difficult to describe the current local investor profile. The money is “available” for investment opportunities, investors both “loners” and also pooled funds, others still in search of good opportunities in the local market.
In what is certain is that the current investor is professional, Nicholson insisted. The amateurs were out in recent years and currently, only those with great sophistication can cope with the demands of Real Estate today. ” Investors have always been the basis of local housing activity and occupied a major space but not conquer logaron bank financing, even in the favorable business cycle. They gained great notoriety in the 2001 crisis when there was increased mistrust of financial institutions and traditional saving methods that transformed the estate into a refuge for value. Expanding the universe of investors since 2004 came “by the appropriate cost-price, encouraging the construction of numerous developments, funded by those remaining had some savings and a certain level of monthly excess whose purpose was to obtain profit or income. In turn, commented that “currently evaluating business models not only provides for ‘location’ and its long-term profitability, as above, but focuses on product design, its competitive advantages and extensive knowledge of local market , prioritizing safety over investment returns.

Will the CCAA prescribing the scale of rent to be accessible within the ceilings fixed by the State Housing Plan 2009-2012. In this framework, the cheaper rental (so-called special regime) will be 365 euros per month more expensive and may be up to those 963 euros (concerted scheme) in cities of higher prices, such as Madrid, Barcelona, Valencia or Palma. Calculations are made for a useful 70-meter flat with the Schedule of 2009. It can accommodate this car next year maximum annual income of 48,922 euros, unless last minute changes.

The difference in rent is so broad because it depends on the municipality where the apartment is located. In the case of localities with high housing prices, those in territorial scope, the Ministry allows autonomous gibier 120% increase to the statutory maximum reference price for lease. The possibility of increasing the maximum prices was already adopted in January by the former minister, Carme Chacon, so that developers are encouraged to make such a hire safe house because if not profitable, not built.

More than 30% is subtracted from the payment

Over 30% of what the tenant pays for the ten years of rental will be deducted from the purchase price if you decide to purchase the floor. Some communities and beyond. In fact, Madrid, its autonomy which launched several years the hire-purchase, and offers young people who choose this route, subtract 50% of the amount paid in rent to last 7 years. In La Rioja, you can lease with option to buy the apartment at 5 or 10 years and also subtracts half of the amount paid in rent. In Castilla-La Mancha, also subtract the 50% and offered to buy 10 years.

Beatriz Corredor and the Minister of Housing, Francesc Baltasar, agreed to allocate 25 million euros to undeveloped land to build subsidized housing, neighborhoods and rehabilitate and construct flats edicifios university in several municipalities of Catalonia. Much of the money, 12.1 million, will go to the urbanization of land to build 1,000 flats protected.

Legislation in force
Of the more than 14 million homes, according to the census conducted by the National Statistics Institute (INE), around 11.5 million are owned, 1.6 million in rent (just over 11% of total of all households), and the rest has another scheme or not specified. Our country is situated, therefore, far below other parts of Europe, such as the Netherlands or Germany, where over 50% of people pay a monthly fee for occupying their homes. The average leased homes in the EU reaches 35%. The Civil Procedure Code (LEC), which is the standard against which regulates civil cases, among which are the defaults on rent, initially determined to claim the payment had to go to trial ever written whose resolution generally extended far in time as vice president of Professional Association of Property Administrators in Malaga, Miguel Jesus Aguilar, a year and a half to two. However, the large percentage of cases in which the tenant is not obliged to pay the rent established to expedite the judicial proceedings and in 2000 reformed the law, opting for quick and simple verbal judgments.

Despite the legal, the owners still have trouble renting their flats inhabited, always fearful because they fail to pay and even spoil them housing. All this is compounded further by the fact that owning a house on property is a deep rooted feeling in Spain. Thus, the main measure to enhance the rent is not so much to offer tax advantages to the landlord and allow the eviction notice in the event of default, as reported by Aguilar, who qualifies to enter into a written contract gives the owner some legal protection if not paid. In legal contracts is mandatory cash deposit, usually equivalent to one month’s rent if the dwelling is used as a residence, but sometimes the owners demanded longer amounts or even a bank guarantee to ensure payment of repayments.

When to go to court?
Conditions are not always rigorously detailed in the contracts signed by both parties and, in addition, there are “true professionals”, according to Aguilar, who, having money, not pay the rent. Worst of all, organize it so it does not have property in their name to seize power and declare themselves insolvent. The day after the non-payment of rent, that is, if the contract is detailed to be held in the first week of each month, the day 8, the landlord may sue to rescind the contract and require the eviction. Generally, the landlord chooses to present the complaint from the second month or, at best, third, that is “when the tenant jumps the alarm,” the expert. At that moment has to go to a lawyer who will take the process to a Civil Court of First Instance.

However, there are other cases in which the landlord may take legal action, for example:
• If the tenant sublets or gives shelter to others without the consent of the owner of the property.
• When you cause damage to the house or performing work without permission from the owner.
• If done in the house annoying, unhealthy, noxious, dangerous or illegal.
• If intended for other uses the floor instead of his habitual residence.

Aguilar noted that “when it has exhausted amicably, the only possible is the judiciary.” As an advantage, since the reform of the Civil Procedure Code states that “judges now give priority to the demands of eviction”, unable to take more than six months between the filing of the complaint and the launch, which is when court officers are people in the house to evict her. The first time a person is evicted, it can pay the debt before the day of trial, which automatically makes halt the eviction. However, this possibility disappears in the time of relapses, says Aguilar, who added that unless there is some defect of form, the judge always accepts the request and requires the tenant to leave the building. 70% of the eviction process and ends with only 30% was reached to pay. However, the representative of the estate managers of the province of Malaga admits that only in rare cases the landlord get your money back. “At the most you can hope for is that your home will go,” remark.

Bank guarantees
In this situation, it is often the fear of landlords to tenants stop paying rent or causing damage to housing. So recently one of the most common practices is that the landlord requires the submission of a bank guarantee to ensure compliance with the obligations assumed by the lessee in the contract, which expires when the term of the agreement cease. As explained by the representative of the Association of Property Administrators in Malaga, you have to differentiate the bank guarantee providing a cash deposit, a practice that establishes the Urban Leases Act and will be equivalent to a monthly income in the event that the property is rented for use as accommodation, and two monthly payments when you have a commercial use. However, that legislation provides that parties may agree on any additional warranty.

Therefore, the bond and bank guarantee are guarantees of the lessor against a tenant who refuses to comply with its obligations under the contract, but while the bond is an essential element that is required by law to require the owner to lessee, the bank guarantee is ancillary. In the event that the landlord requires the bank guarantee, it must be reflected in the lease, so you can contact the financial institution guarantor if a tenant does not meet the payment obligations assumed, as the Advocate Rafael Palacios.

If, finally, the tenant must submit a bank guarantee, the financial institution so addressed will be required to demonstrate financial solvency, for which, among other documentation, may have to file their payroll. The amount is usually rubber-stamp corresponding to six months’ rent, just long enough for there to be a judicial decision. In addition, the tenant will pay a price in fees for the study of the application, by the opening of the guarantee and the risk for the bank. However, the actual amount of fees vary for each entity, as required by the Bank of Spain.

Rental Insurance
Insurance companies have launched policies that cover risks of default of rent, which in some ways, comes in response to fears by some owners. The cost of such insurance ranges from 180 to 200 euros per year, according to the enterprises surveyed. Among the safeguards which these insurance payments are up to 12 monthly rental income to a maximum of approximately 1,500 euros per month, once the eviction ruling becomes effective, the compensation of damages to the possible deterioration of real estate by the tenant or for the theft of objects up to 3,000 euros in case of eviction, and the legal cover of a lawyer with a spending limit of up to 1,000 euros, so the owner to recover your home as soon as possible.

While the selling price of a private residence increased by 3.7%, industrial property did 2.6%. Meanwhile, the price of the rental market increased by 6.0% and 5.7% respectively in these sectors.

In conclusion the report makes clear that although the price of property has increased in the first quarter of 2008 in Singapore, has been a more moderate rise, that experienced in the last quarter of 2007. On the Web can see the statistics.