Thursday, 26 September 2013

Al Sahab Tower 2

The Al Sahab Tower 2 is a 44-floor tower located in Dubai Marina, UAE. It is a spectacular wave front tower which provides parallel views of the largest bay of water at Dubai Marina. It has a fitting location, i.e. only a stone throw from JBR beach, restaurants, cafes, malls, and boutiques.  Nearest metro station is 10 min walking distance.  
The apartments at Al Sahab are designed with designer suite packages. Apartments consist of stone countertops, breakfast bars and designer cabinetry. Kitchen is fully equipped with appliances such as stainless steel wall oven, cooking top, refrigerator, and dishwasher. A mini-Hollywood theatre and sheltered parking cater to modern needs. Bedrooms with attached bathrooms and wardrobes. High speed digital technology for internet, TV and voice communications.
So if you are looking for renting/buying an apartment at Dubai Marina then Al Sahab is the best place to reside. For more details check http://binayah.com/home/







Learning Real Estate Investing before Beginning

Investing in real estate is a profitable career because people need a place to live and population continues to grow on daily basis. As long as an investor reviews the trends and interprets bargains and demands the right way, he can grow rich with real estate investing. An investor must know the precise methods and how to use them profitably. For Example home owners built homes that they are unable to sell and when they finally do, the home isn't worth it was build or become the victim of foreclosure. But smart real estate investors can readily profit from such outcomes and save the home owner from foreclosure by using long-term lease option. A long-term option provides the home owner with the mortgage payment every month, as the investor sublets the home and uses the income to pay the lease. Since the option is long term (to allow the markets to readjust and home values to increase), by the time the option expires the investor resells the home at a nice profit - often selling to the tenant. It's a win-win situation. The home seller saves his credit and the investor makes a nice profit. Every real estate investors should learn tactics and coaching by a professional and then go to the field.

Tuesday, 24 September 2013

Commonly used Terms in Real Estate

Terms like short sale, foreclosure, and REO are commonly used in real estate that are unknown to an average buyer or seller but it is important to know the meaning of these terms.

Short Sale
Short Sale is a method to avoid foreclosures. When a seller is no longer able to make their mortgage payment and owes more on their home loan than what the home is worth in the current market. The seller then arranges with their mortgage lender to accept a price that's less than the amount they owe on the property. As part of this bargain, the lender typically agrees to forgive the rest of the loan. The buyer picks up a property at a discount, and the lender avoids taking on the burden of unloading the property.

Foreclosure
 Foreclosure is a legal process initiated by a lender if other options such as short sale are not considered by the seller. In this situation the home owner fails to make minimum payments/interests on his/her mortgage for a sufficient amount of time so the lender, be it a bank, building society, REO seizes and sells the property as their own. The home owner is not a stakeholder in the sale. 
Commonly used Terms in Real Estate

REO
REO is an acronym for Real Estate Owned property. After foreclosure the property is being put for sale up in auction. But if the property is not bided on it becomes the property of bank and is called as REO.  Real estate investors frequently go after these properties because the house can be bought at a discount to its market value.

Friday, 20 September 2013

Dubai Marina

Dubai marina is a man-made district in Dubai, UAE. It is an artificial urban center on the water, built along a two mile stretch of Persian Gulf shoreline. Dubai marina is an awe inspiring city that delights more than 120,000 people with its cosmopolitan, free-spirited atmosphere and unique towers and villas.
Location
It is located near Interchange 5 on Sheikh Zayed Road close to Dubai's well-known landmarks like the Dubai Internet City, The American University of Dubai and the Emirates Golf Club.
Marina Lifestyle
Marina living is the most desirable and sought-after lifestyles in the world. Being the world’s most expensive waterfront, Dubai Marina offers the delight and liveliness of a chic, urban lifestyle together with all the advantages of owning a home on the water. Unhindered views across the marina, fresh sea breezes and the experience of a lifestyle most people can only dream about.
Dubai Marina Towers
Dubai Marina Towers comprise of the first phase. They are total of six towers namely ‘Murjan’ (37 storey’s), ‘Al Mass’ (28 storey’s) and ‘Fairooz’ (20 storey’s). The other three are named after Arabic scents; ‘Mesk’ (37 storey’s), ‘Yass’ (24 storey’s) and ‘Anbar’ (16 storey’s). With contemporary designs and world-class classiness combined with a range of the latest, hi-tech facilities and an awe-inspiring view of the Marina Towers have redlined the standards of luxury living.
Dubai Marina Walk
Marina walk is a popular and pleasant aspect of Dubai Marina. It is a 7km long pedestrian walkway that runs around from the start of Dubai Marina till the end. The beautiful walkway also has cafés and restaurants along the waterfront, and boats moored up alongside. Many events such as Marina Market and artist’s performance are held here to keep the visitors and pedestrians engaged.
 Dubai Marina Malls
Compared to malls in Dubai, Marina mall might seem small yet it may be ranked above average around the world. This beautifully designed mall has everything required. It is a vibrant shopping, entertainment and leisure destination for residents and visitors to the Dubai Marina.
The Address Dubai Marina, Marina Plaza, Park Island, Al-Sahab, Al-Majara arw few other destinations worth visiting and living in Dubai Marina.

Thursday, 19 September 2013

Home Landscaping before Selling



Landscaping and curb appeal are important factors to capture the interest of a homebuyer from the start. According to a 2013 National Association Survey 71 percent of homebuyers are drawn towards curb appeal as they are to the house architecture and design. ROI can be maximized up to 400% with this simple ruling. If a home isn’t beautiful from the outside, many buyers won’t even go in.

While repairing the hooks and crooks of the house we often neglect the outdoor areas. They receive our tiniest bit of attention only when we clean them. What surrounds the home is as important as what is in it. A well-designed landscape can complement your home's architecture and design, and the right plants, flowers and shrubbery can greatly enhance your curb appeal by adding color, texture and even fragrance to your yard.

Here are things to consider with your landscaping:

·         Start the landscaping projects a year ahead because it takes time.
·         Manicure the front lawn and built a stone paved pathway
·         Make sure your downspouts are functional and clear; go for areas where water pools in the rain.
·         Fences and hedges are in tip top conditions. Fix wobbly or loose fences and trim the hedges.
·         Replant if necessary or take measures to keep the existing plants in healthy conditions. Root out dead or dying plants, trees and flowers. Trim the shrubs in latest style.
·         Grow vines on walls.
·         Take special care of backyard. Add backyard deck or patio.

·         Add fountains, lighting and garden showers.

Choosing the Right Real Estate Agent

Buying, selling or managing property depends entirely on the real estate agent you choose to assist in the process. Choosing the right real estate agent makes a massive difference in your experience and success.  
You want a real estate professional with the knowledge to best serve your interests, and you are looking for a supportable performance from them too. Here are some steps to take while considering the most suitable candidate for being you real estate agent.
Round up good prospects. To identify prospective agents a good method is to ask for referrals from neighbors or friends or use the search tools on the websites. If a certain agent produced positive results for a friend, there's a good chance they will do the same for you.
Make sure the agent has firsthand knowledge in real estate property management for a couple of good years. With sound knowledge and education agent will know how to anticipate problems, avoid them or be able to handle them quickly in a professional manner, should they occur. Moreover education helps an agent to keep himself abreast with the latest legal ins and outs of the real estate business, thus saving time and money.
With more experience the agent has polished negotiating skills and has closed many properties. Negotiating skills help to convert a prospect into a buyer. It can either help to breathe a contract to life or die away in few days. Similarly more closing means more experience.
A well reputed agent is a must. A good and well reputed agent has network and works cooperative with other agents. Agents work with each other and help in property transactions. So it’s possible for your home/property to be shown more often to qualified buyers represented by other associates.
If you are a buyer work with a buyer agent also known as a broker agent. They would protect your interests in the transaction matters. Similarly if you are a seller, work with someone who has sound experience in selling field.
Ask the agent to be frequently in touch with you about your transaction progress.
See a few properties in the same area, to get an idea about the house prices in your selected neighborhood. This will help to keep you from being completely blind-sided when you go to an agent.

The above points will definitely promote a smooth buying or selling experience at the best price, and in the absolute least amount of time. Binayah is full of qualified real estate agents, all eager for your business.

MUST DO THINGS before Selling your Home

First impressions are difficult to make yet they are the last ones to count. Being a seller of home property, you should always take care of little things that need to be renovated and repaired before showing it to a potential buyer. A small investment in time and money will give your home an edge over other listings in the area.
Here are some suggestions for general maintenance of the home that will help you get top market value:

  • -Oil the squeaky doors
  • - Tighten the doorknobs
  • -Replace fused lights
  • - Clean and repair windows
  • - Repaint the whole house
  • - Repair cracked plaster
  • - Repair leaking taps and toilets
  • -Moan lawn
  • - Trim shrubs and plants
  • - Weed and edge gardens
  • - Pick up any litter
  • - Clear walk and driveway
  • - Repair gutters and eaves
  • - Touch-up exterior paint
  • -Clear stairs and halls
  • - Clean the store and attic
  • -Clean and tidy the main entrance
  • -Functional doorbell
  • -Polish door and window hardware