Category Archives: Home & Estate

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Thai Real Estate Investment Soared On Back Of Property Fund Activity

KTAM Aims to Become Thailand’s Leading Property Fund,Increasing Assets Under Management to 11.3 Billion

The Bangkok Post reported on Thursday, 22 February that real estate investment in Thailand soared by 81.8 percent to $2 billion (1.3 billion)in 2012, nearly double the $1.1 billion (720 million) in 2011, as property funds markedly increased their investment activity.

According to property consultant DTZ, Thailand’s real estate market was boosted by the listing of major property funds and a high number of acquisitions, particularly in the office and hotel sectors. Some $1.1 billion (720 million), or 55 percent of total real estate investment, came from transactions by real estate funds or public funds for public offerings (PFPOs).

Investment activity received a major boost from the listing of Tesco Lotus Retail Growth Freehold and Leasehold (TLGF) in the beginning of January 2012, which proved to bethe largest property fund listing for the year. The $594-million (389 million) fund purchased 17 Tesco Lotus shopping malls in prime locations across Thailand in a deal which by itself exceeded half of the real estate investments in the country in 2011.

Other notable property fund investments in 2012 included the purchase during the first quarter of three serviced apartment complexesand residences for $106 million (69 million) by the listed Land and Houses Freehold and Leasehold Property Fund (LHPF). Additionally, the Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR) bought three Centre Point serviced apartments in the third quarter, for some $107 million (70 million).

KTAM Eyes Real Estate Market

Krung Thai Asset Management (KTAM) has the ambition to lead the market in property funds and,more specifically, to increase its assets under management by 20 percent in 2013 to 516 billion baht (11.3 billion), said chief executive officer Somchai Boonnamsiri, citing the positive overall investment climate.

The Bangkok Post reports that Thai billionaire Charoen Sirivadhanabhakdi plans to raise funds through the funds managed by KTAM, with the subsequent capital increase being dedicated to turning KTAM into the global leader of this type of fund.

KTAM is considering entering new markets including Mexico, Brazil and some European countries. Annualised return for short-term investments in these regions is forecast at 3.5 percent or about one percent higher than returns in the Thai domestic market.

The Thai fund intends to boost the capital of property funds under the direction Sirivadhanabhakdi’s TCC group to as high as 50 billion baht (1.1 billion) this year. The fund also plans to launch ETFs on the Stock Exchange of Thailand in sectors such as food, energy, ICT and the commercial sector.

2013 will be the last year in which Thailand’s Securities and Exchange Commission will allow investments in what has been known as property type 1, with introduction a new type of property fund, the internationally recognised real estate investment trust, set to replace the old structure.

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Best Home Nas – This Is What You Need To Know To Avoid Home Network Storage Buyers Regret

If you are looking for the best home NAS to consolidate your data, music and media files then you want to buy the best home network storage you can for the money. A home NAS device is an investment that should last you quite a few years if you buy the right one.

The right buying guidance will help you determine what features and benefits are important to you and will actually be useful in your home.

Some people want a home NAS solely for the purpose of backing up their individual computers. For that you may not be interested in NAS RAID to protect your data from a hard drive failure since it is only serving as a backup to other hard drives. Sooner or later, though, you will find yourself storing something on there that is NOT just a backup file and ultimately can lead to heartache when the inevitable crash occurs.

All hard disks will eventually fail. No exceptions. Any hard drive that does not fail on you is a hard drive you did not own long enough. Hard drives are like light bulbs, they can last a week or a decade. Most, though, fail somewhere in between.

My guess is that once you see how much you can really do with the best home NAS devices out there you will want to start taking advantage of those features.

If you are like most people and are using your new home network storage device to consolidate all of your music, movie and data files from all of your computers you may decide that the ability of the better NAS devices to automatically copy your files to an online backup service with a reasonable annual fee is a great option.

Let’s face it, most backups just do not happen unless they are setup to work automatically.

Another really cool feature is that you can download movies, which are usually pretty large, straight to your home NAS that is connected to the home network and then stream that movie to your PlayStation, XBox or even right to your new HDTV to watch.

Many cheap NAS devices available do not have the ability for media streaming and other cool multimedia functions like the best home NAS devices will.

Another item that you will want to take into consideration is how many hard drives you want the home network storage device to contain. Most will hold at least two and offer to “mirror” those in a RAID1 array.

Larger units of four or even six hard drive bays give you the option of starting out with only a couple of hard drives and then expanding later on. It is best to ensure that the NAS device you buy is able to expand the storage area without having to backup your data, reconfigure the unit with the new or larger drives and then restore your data back onto it.

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Issues for executors when selling a house

Probate is often applicable in most cases where the deceased left a will which cannot be executed by the Executor until after legal confirmation by the probate courts. Therefore the administration of the deceased’s estate is not valid without the due process of probate following suit.

There are some instances where probate may be notwithstanding in the division of assets, such as is the case with non-probate property, and this has been exhausted in the article on Probate and Non-Probate property.

So for the cases where probate applies, why would you sell a house in probate? Here are the reasons for selling real estate in probate:

To settle liabilities

Sometimes the deceased leaves behind a number of liabilities in terms of debts, taxes, and claims from creditors whose payment may not be realized without liquidating some assets from the deceased’s estate.

In such cases, the most prized assets, such as real estate, prestigious vehicles, a boat, etc, come in very handy in settling the liabilities through liquidation.

Monetary preferences of the heirs

The last will may have a number of heirs and beneficiaries named to inherit the deceased’s real estate properties, but the heirs may not be interested in taking up the property as is. Many heirs prefer having the inherited real estate turned into an equivalent monetary value that they can then make more use of.

No Share – Don’t Dare-

The last testament may have a provision for the deceased’s real property to go under joint custody or shared ownership amongst two or more heirs. However, inheritance is famed as the farm whose seeds seldom grow together-and some heirs would rather have a probate house sold at an undervalued price, than share the property with an estranged fellow heir. Selling the house in probate naturally falls in place as a solution, even if only for the sake of peace and sanity-especially the Executor’s!

Cumbersome management of the inherited property

Managing real estate, and an inherited one at that, may not be as rosy as it is cut out to be… There are additional responsibilities and burdens attached to the property and they include:

possible repairs and renovation costs

pending or continuous mortgage payments

associated property taxes according to the state laws

The tragedy of loss

Some people wouldn’t mind it or just don’t care altogether-but you can’t blame yourself if you’re not one of them! There are enough urban legends, superstitions and mysterious occurrences that may have worked their way on you. Now, what if the deceased was close to you…a relative, a loved one, and one whose house was left to you? It’s hard enough accepting your loss and coming to terms with the fact that they’re gone forever-so, what of living in their house? Figures! Houses for Sale in Cranbourne North

Real Estate in Cranbourne

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The Housing Market Recovery with Gary Allen

Back in 2008, the financial situation in the US and around the world almost collapsed. Thanks to controversial but fast action by the financial industry and the government, a total collapse was avoided. One of the major factors involved in the financial troubles was the housing market. It took a drastic drop during the crisis. Thousands of people were forced out of their homes due to foreclosures and other problems. Gary Allen remembers that time well.

The crisis was a huge problem, and the housing market was sinking very far down. Luckily, in the years since the financial troubles of 2008 and 2009, the housing markets have made somewhat of a recovery. Gary Allen Developer has worked in real estate for over forty years, so he is very supportive of anything that helps to improve the housing market and any other market related to real estate.

Some of the current news about the housing market isn’t extremely encouraging. There are signs of improvement though. It is predicted that there will be about five million homes sold in 2013. Added to that, the median price on housing has a chance to rise by about seven percent this year as well.

The inventory of listed homes at the end of February came in around 1.5 million. Throughout a majority of cities, the housing inventories have fallen, but that doesn’t mean the housing market is doing fine. There is still disagreement as to whether the housing market is recovering in a healthy manner. The entire system is fairly complicated, and for the general population it is hard to follow what exactly determines whether the market is recovering in a healthy manner or not.

Today there are institutional investors in the markets, although traditionally the housing market is driven by individuals. Because of all of the changes and problems of the last few years, institutional investors have become more influential in the housing markets and are contributing to the price recovery.

Fortunately, when looking into the data and information, the recovery in the housing markets appears to be a sign of an improving economy, and it seems that institutional investors are the ones driving home purchases and sales. They are rehabbing and renting the homes. They are causing the upturn in home prices and providing homes for those who can’t qualify for a mortgage. Gary Allen Developer hopes that the housing market continues to improve as it is usually a strong barometer of economic performance for the US.

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Common Commercial Real Estate Contract Contingencies

Just like residential real estate contracts, Dallas commercial real estate contracts have their share of contingencies. In short, contingencies are found in most real estate contracts and are essentially escape clauses for both the buyer and the seller.

Each party wants to make sure they are protected in the real estate contract, so real estate contingencies are a common occurrence. They often make the contract much easier to handle for both the buyer and the seller, as it provides them with an opportunity to back out of the contract for a number of reasons.

Although both residential and Dallas commercial real estate contracts both have contingencies, the contingencies themselves are quite a bit different. The following list details some of the common contingencies found in Dallas commercial real estate contracts:

When purchasing a parcel of land for Dallas commercial real estate, the contract may be subject to the approval of the buyers attorney. Because Dallas commercial real estate contracts may be decidedly more in depth than residential real estate contracts, waiting on the approval of your attorney when buying Dallas commercial real estate is quite common. It is also common to have a contingency that is based on a business professionals partner or investor, as it is important to get approval from everyone involved before the contract is finalized.

Many commercial real estate contracts include contingencies that are based on financing approval for the buyer. For tracts of land, this contingency may include approval of a legal survey, if one has not already been done. In addition, a buyer will likely want to include in the purchase agreement some language about obtaining necessary permits and zoning for the commercial property.

When speaking of commercial tracts of land, there may be a contingency with verbiage regarding liens on the property. In particular, the purchase of the land will be contingent on no environmental cleanup liens.

It is common to have a contingency based on: the buyer achieving a loan of at least 75 percent of the purchase price of the Dallas commercial real estate property; the buyer being satisfied with the inspectors report; and the buyer being satisfied that the property can be remodeled or renovated to his or her satisfaction. In other words, the buyer will likely include a series of contingencies based on the use of the commercial property and how it can and cannot be used.

The use of a realtor qualified in commercial real estate is crucial, as he or she will be able to guide you when making a commercial real estate transaction. Real estate companies, like VIP Realty, have a plethora of highly qualified and experienced realtors who have extensive experience in dealing with commercial real estate contracts. It is important to never enter into any type of real estate purchase agreement, whether residential or commercial, without advice from a trusted realtor and real estate attorney, as they will be able to best protect your interest in the real estate transaction.

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Real Estate Business In China

The Real Estate Business cycle and financial stability are closely correlated. In light of global real estate bubbles, China’s real estate cycle has attracted wide attention since 1998. The present paper analyzes three driving factors in the context of the current real estate cycle namely, economic growth, macroeconomic environment and institutional establishment. Based on quantitative analysis, it is concluded that the implications of the current real estate cycle for financial stability include risks of real estate credit exposure, government guarantees and maturity mismatch. Some corresponding policy implications are discussed, such as advancing banking reform, encouraging the rational behavior of local governments and strengthening the regulation of foreign capital flows in and out of China’s real estate industry.

That’s the gist of a local government initiative to revive real estate investment in Chongqing, one of China’s biggest cities. The municipal government in the southwestern metropolis floated a plan in December that said new mortgage holders would be eligible for a refund on a big chunk of their income taxes.

Reviving real estate could be an important part of spurring on China’s slowing economy. With widespread homeownership in China, real estate values are a key measure of consumer spending power. And the property sector is among the leading sources of demand for everything from steel to appliances.

We Provide Comprehensive China Real Estate Related Services. As an international law firm, we offer clients advisory and transactional services in connection with all aspects of real estate matters in China including the acquisition, development, construction, financing, ownership, leasing and operation of real estate assets and companies.

Expat Apartments: These range from luxurious to nice and from downtown to Pudong, with prices varying accordingly.

Living with the Chinese: This is the cheapest way to go, and more and more foreigners are turning to this option. Many real estate agents are now able to provide an interpreter, though if language is a problem, you might want to bring a long a Chinese speaking friend. For more details

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Liven up the living room with Coffee Tables & Accents

Strategically placed coffee tables and accents makes your living room look beautiful and appealing. eFurnitureMart.com has a wide range of modern and contemporary coffee and accent tables in various sizes, shapes, design and style. Purchase these living room tables at very low price from this online store.

Living room creates the inviting first impression for your house. It is the most lived room where you spend most of your time reading or chatting with family and friends. It is necessary that you furnish your living room the way you want them to look like. You can accentuate the look of your living room with coffee tables, accent tables and end tables that not just add convenience and comfort but also perks up the decor.

End tables: Create an impressive look by keeping end tables at the corners of the sofa. Depending on your requirement and available space, you can either choose a broad top or round end table. You can put together right set of accessories, collectibles or beautiful accents on a broad top table. If you are someone who is interested in collecting small, yet interesting accessories, then end tables give you the right space to showcase them. To make it even more functional, use it to hold magazines and books for easy reach. End tables with bold curves, hand carved legs, and minimalistic designs are sure to be a center of attraction in any room.

Coffee tables/Accent tables: Coffee tables get the most attention – whether it holds coffee mugs, photo frames with cherishing memories or a vase with fresh flowers. Accent coffee tables that are detailed with carved accents and scalloped edges can easily change the look of any room. Create a dramatic look with an artistic accent table that has oval glass tops, elegant curves, crossed flat bar. Accent tables with storage shelves give extra space either to display collectibles or for storing magazines and newspapers. While buying these tables, choose the right online site that offers quality furniture that will give you your money’s worth. eFurnitureMart is one such leading online store that provides such furniture from top-selling manufacturers. Choose from the wide range of accent, coffee or end tables available at eFurnitureMart.com at reasonable price to liven up your living room.

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Simple Ways To Decorate Your Dorm Room

It’s your first time away from home. College may be a little scary to you. You get your own space to share with a bunch of other people making it feel like a 24-7 sleepover. But wait. You like sports and your roomie likes movies. How in the world will you decorate your room?

Posters

Enter the poster. Posters have been around for hundreds of years. They provide color, themes and cover wall space to perfection. If the poster you choose is especially important to you get it framed so that it lasts longer.

Something Special From Home

So posters are the first way to decorate. Second, did you have something really special in your room at home, say a trophy or ribbon you had won? Just having that in your room will help give you the security and confidence you need to succeed while you are away at college.

Stereo

Third…How about your stereo? Bringing your own stereo to college along with your CD collection can make you one of the popular kids on campus. After dinner and before studying blast those tunes down the hall and get everyone dancing away their energy and having fun. Then everyone can settle in for an evening at the books.

Stuffed Toys

Fourth…Did you have a special stuffed animal or stuffed toy on your bed at home? This is more for the girls than the guys obviously but if it was a stuffed animal that your best friend or little brother had given you it will have a unique place in your heart so give it a special spot in your dorm room.

Hats

Fifth…Hats! For the guys, a collection of baseball hats will tell everyone about you and your favorite teams. Some hats may have pins you collected as you went from event to event. Imagine having a Yankees cap with pins of each of their World Series Championships. You would certainly stand out in a crowd of baseball fans. Maybe you were on a trip and picked up a new cap. That could start a conversation with a new friend. And with baseball caps you can buy an inexpensive hanger to put on the back of your closet door, keeping them in one place and readily accessible.

Decorating your dorm space at college is extremely important. It will make you feel at home (as best you can) and it will be a quiet and familiar place you can return to at the end of a busy school day. Think about what you want to take away with you and make decorating the first thing you do when you arrive. Get that dorm room looking and feeling like your home for the school year.

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An international Students housing and study in Santa Barbara, USA

All student organization in the bedroom, shared spaces can be given to a student job opportunities and the rest in a variety of formats. Bedroom living, study, private events, and is often treated with many different places affect almost every permutation of student life, can be considered. Most of the nowadays College inside and outside of the school of life is a selection of furniture in the residence Life of students who feel the environment while studying.

Most of the rooms are designed and decorated to two people in the schools, but it can be still can accommodate more students in larger rooms. The Residence life office furniture such as beds, mattresses, Office chairs, cabinets, drawers and storage space. Rooms are equipped with mirrors, smoke detectors, cable, Phone service, local, computer connections and cables, and e-mail, and hide the window. Beef and furniture will be delivered to the student life is usually respectful of the environment, sustainable and durable but stylish students ‘ needs. The student puts this on campus or off campus housing and come to the end of the user-defined.

Student residence hall is best for that location and extra wall painting and any other graphics added that with paint. combine committees, clubs and other leisure-time activities that make University life more enjoyable. They also help build a student educational plan. The students, who might not even be aware of being the closure of the campus activities. They will not be able to try new things, that can help them later on in the future. Has been reported that the students, who usually meets in Accommodations than the rest of the residents of eligible students. With the exception of purely run students will make these connections and academic, students participate in, for example, the extreme party, which is in turn in this study. Other accommodation exposed to such activities.

Most of the colleges is a set of properties for rent in school students choose to live independently or as a companion to the floor, visited the University nearby. These houses or apartments is ideal for those who want greater independence and provide valuable information on how to manage a household. On the other hand, you can rent off campus, very expensive for the students, who have themselves with food and other necessities. In addition, the distance between the school and home can be very uncomfortable.

The Orchid House of Santa Barbara is a delightful and stylish Student residence hall, off campus living, international student housing, student residence hall and one the best selection our there we are prepared to support you in finding for possible residence.

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Alyson Faraci and Edward Faraci Jr. Own The Laundry Room In Cromwell, CT

Alyson Faraci and Edward Faraci is a couple from CT who are also co-owners of The Laundry Room in Cromwell, CT. They have owned and operated this store for 5 years. The Laundry Room is a coin-operated store located in a convenient mall in Cromwell, CT. The store has a wash dry fold service for customers and also a drop off for dry cleaning and shirts.

Edward Faraci Jr. is also a trained sportsman who has more than two decades of experience in training and breeding Springer Spaniels. Over the years Edward Faraci Jr. has also participated in dog training competitions and won awards all over. A trained scatter gun shooter, Edward Faraci Jr. has participated in National Championships for Springer Spaniels. Given his experience in training Springer Spaniels, Edward has also been honored as a judge in various competitions for Springer Spaniels.

Edward Faraci Jr. was born in Middletown, CT in 1964 to Edward Faraci Sr. and Esther Faraci. Edward was interested in sports from an early age and he showed great interest in football, baseball and several other games in his school years. Edward graduated from high school in 1982 and operated two family owned Mobil Gas Stations for fifteen years and also managed and operated two auto repair shops that were highly successful.

Edward Faraci Jr. has also participated in US Olympic Skeet Shooting Team. An able instructor, he held the post of head instructor for National Gunners safety courses through the country. For more than ten years, he has been an active DJ in Middlesex County. Edward has also owned and operated Laundromats throughout the country. Edward lives in Middletown, Connecticut with his wife Alyson Faraci. With his passion for sports and talent for training and breeding Springer Spaniels, Edward Faraci Jr. has become an inspiration for the youngsters in the community.