Wednesday, July 17, 2013

Tampa Home Real Estate buying tips

As soon as you find the right property, you have to hire a home inspector. The home inspector can give you an idea of the estimation cost of fixing and reselling. In is also better to look for the property in Tampa real estate that will suit your needs and your budget.
Indeed, investing a property can help you earn profit, but this type of business is not that easy, it requires hard work, plenty of time and a lot of money. But of course, amidst of all these, this type of business can pay off largely at the end. The time, the effort and the skills, abilities you put into this venture will soon be worth it. The exciting and thrilling parts of investing a property in Tampa real estate are dealing, buying, fixing and selling.

Now if you are really decided to enter to such business, you have to research. You always have to bring pen with you when looking for potential property in Tampa real estate. Of course, before spending large amount of money, you have to look for the right property to invest with. Write down all the problems and even the good points of every property you look into. Inspect the house or property very well by flushing toilets, turning on lights, look at the floorboards, look for cracks or drooping ceilings, and check the plumbing and water faucets and so on. Search every part of the house.

Exposed to new Tampa Real Estate lifestyle is compatible with that of the surrounding area. Easily offers a pleasant measure different sports, an abundance of recreational activities, natural ...
There are a few places in this country that naturally lend themselves to the construction of luxury homes. In past years we have seen the emergence of Tampa as one of these elite locations. Luxury home markets can be a finicky thing to deal with as people are expecting the utmost in services and amenities as well as unparalleled views and scenery. Tampa is a location that has all of these elements hands down. Located in sunny Florida in Hillsborough County, Tampa showcases the best of Florida living on the Gulf Of Mexico. A city of beautiful beaches and swaying palm trees, it is hard to imagine a more peaceful and serene setting.

One of the major drawing points of Tampa is the climate which has made Florida one of the most popular destinations in North America. This is an area that receives over 300 days of sun every year and temperatures are rarely under 75 degrees! Tampa is also known to be one of the best areas in the country for golf, with one of the higher courses to population ratios in the country. There are a number of other assets that Tampa offers to buyers and home owners alike. A stable and dynamic economy is one of the attractive building blocks that Tampa has to offer. Based mainly in the tourism and culture industries like much of Florida. The economy however does not depend solely on tourism and also have strong bases in finance and telecommunications. As a coastal city, Tampa offers a number of fantastic oceanfront homes that easily fall into the luxury home category. There is also a remarkably strong public school system that serves the Hillsborough County area. With a number of alternate private options as well, there is a real commitment to education in Tampa that follows through to the post-secondary level. Tampa is a great place to raise a family, enjoy the autumn years of life or simply enjoy the amazing summer days with sunsets that seem to go on forever. Tampa is simply a beautiful place to live. This is the kind of place where outdoor life is showcased and the value of homes continues to rise. There are few places in America that can compare to Tampa when thinking about beautiful beaches and scenery. Come and explore what Tampa has to offer you and your family. It is a trip that will be well worth the time.

Tuesday, July 9, 2013

*** Smart Money on Move Again ***

To date, Blackstone has spent $5 billion on more than 30,000 houses – it's the largest housing investor in the U.S. It has said it will slow its home purchases… But Blackstone is still bullish on housing, so it's getting into lending.

Blackstone created B2R Finance to offer minimum loans of $10 million to landlords looking to expand their portfolios. Blackstone would loan 75% of the value of the homes for a pool of leased properties and 65% of the value without tenants. The debt would have floating interest rates between 5% and 7% for up to five years, according to Bloomberg.

Please Enable Images to See this Blackstone is stepping in to take the place of regional banks (the traditional lenders in these instances)… According to the Federal Deposit Insurance Corp., more than 475 banks have failed since the 2008 credit crisis. The remaining banks have tightened lending standards. And Fannie Mae and Freddie Mac – which buy loans from originators, pool them together, and sell them with a government guarantee – limit loans for landlords to 10 properties and four properties, respectively. (And banks are less likely to make loans they can't pass on to Fannie Mae and Freddie Mac… making Blackstone's service more valuable.)

Please Enable Images to See this Investment bank Goldman Sachs estimates the rental housing market is already worth $2.8 trillion. Financing other landlords also helps Blackstone's exit strategy… It can loan money to other folks to take properties off its hands.