“Looking at the sea cleanses your heart and mind.”

Have you ever thought of finding a place when you have all your worries with you?  Significance and pictures of clear blue skies and beautiful tropical blue waters bring a different kind of feeling that is calming to the nerves.  Moreover, water collides with things that can soar beyond a man’s imagination and the feeling of smelling the breeze can help you smoothen your nerve.

So you may be at times wanted to buy a house  by the sea and be away from the busy streets and stressful life in the city.  Or just you love the beach and often dreamed about having your own piece of property where you can relax and enjoy the wonders of the sea any moment that you wanted.

Beachfront properties are considered as the main attraction of real estate investment.  They are always high in price but the quality is also equal or more depends on how you manage your  own property and it’s because investing on this kind of property  is  a great asset .

It is the easiest type of property to market with a highly great income. You will always have a potential prospect  if you have plans to sell it.  Beachfront property is one of the most effective investment that  a lot wants to have  but  owned by few..
Should you think that this is your huge financial decision, you would surely be interested to have the knowledge that may help you to decide on   how to find beachfront property that you can consider as a target for highly potential investors.

• Make sure   that you have the view you paid for. – Check   which parts of the house you can nourish  the view from.  If you can only enjoy the view on a limited space or area   and if you will use another space for that, you have to think about the future use of that space. You should also consider the structural restrictions and provisions.

• Owning and maintaining a beachfront property takes a lot of physical determination plus intellectual challenges and financially stressful at times.  Your prospective real estate may be seen within resort communities and it could be more high in maintenance for location’s attractiveness and orderliness.  Are you ready to include this on your financial plan?

• Make sure that the property you bought isn’t too close to the beach. – Shorelines are unpredictable and always make it a point to check this from time to time.  A real estate that is too close to the beach is too close to the hazardous things that may result to lost of property To have the precaution, you may likely consider of   choosing a property located about two or three blocks away from the water.

• Make it a point to see any leakage or damage cause by water. – Being close to the sea, beach houses are very near to some types of circumstance, so you should not forget to include this on your safety measures. Always consider that your real estate is not the reason for your financial bankruptcy.

• It is not common to own a property near the sea for this is like a gem, at times it’s hard to find. There are a lot of health gains that you can acquire of living near the sea. there is a 100% assurance that  you will have a harmonious and healthy life.  The above enumerated tips will be keys to find a beach property that is worth investing your money for.

Looking down the barrel of a foreclosure, if you are among one of the over a million homeowners facing this same issue, there may be a creative technique to save your home. Save your home and salvage your equity so that you can fight again. The last thing that you want to do is give your home back to the lender.

If your financial hardship has left you in a position whereby you are not able to pay your mortgage payment, whatever the reason may be, then you cannot afford to live in your home. Foreclosures are growing dilemma for many homeowners in the country today; foreclosures are at an all time high.

Some lenders out there have not been playing fair, and some even to the point of unethical practices. These unethical practices are a primary reason that foreclosures are at an all time high and not expected to slow down, from what most experts have said.

On the bright side of things, you may have an option that may allow you to keep your home, even if the foreclosure process is already under way. Something that has been around for many years, and you may possibly utilize to save your home and equity. You may need to wait a year or two in order to cash out the equity on the property, but it is better then the alternative.

This option is referred to as a Lease Purchase Agreement, find a tenant to lease your home from you, with an option to purchase the home at the end to the agreed period or time; usually 12 to 24 months. You set a price for them to buy the house when the agreement is signed; this will allow you to set the price so you can save the equity and by some time to recover. With a tenant that has the option to buy your home you may be able to:

1) First and foremost is the avoidance of a foreclosure

2) Since renters are paying less today due to the high foreclosure rates, this may be a way to increase the monthly rent, due in light of the purchase agreement

3) A one-time payment, up-front as a non-refundable deposit, this is usually 2 months and 1 month advance. The best part of this is that even if they decide not to buy your home, you still keep the money

4) Quickly locate a buyer for your property, most times faster then trying to sell you home in the traditional manner

5) Someone else will be paying the mortgage payment, and potentially a few thousand pesos a month more

Lease Purchase Agreements usually work well in any real estate market; these agreements referred to as a “lease option” as well. This is a very valuable strategy to keep in mind, especially during market that in a distress.

While there may be many other reasons to take advantage of a lease option, they are defiantly an excellent way to avoid foreclosure, and salvage your home from the bank. In a foreclosure, your credit will be destroyed for years to come, and the additional financial repercussions can take a tool on your personal life.

Enjoy ownership, luxury, & appreciation in a Condo Hotel vacation home! Considering retirement in a Tropical Climate For many British, Australians and Americans, retirement time is just around the corner. At home, with low interest rates and high cost of living, the prospect of trying to live on a pension, in old age, is a daunting one unless you are prepared to substantially downscale your lifestyle.

For some, moving to retire in another country is an option which has been successful in the past with Spain, Portugal, Mexico and Puerto Rico being among some of the more popular destinations. But why not consider retiring in the Philippines?

Over the past decade, the Philippines has become a retirement haven for thousands of foreigners, particularly the Japanese, Korean, and Northern Europeans. Along with Thailand and Malaysia, the Philippines developed communications, infrastructure, and service delivery systems specifically geared to meet the needs of foreign retirees. Better yet, unlike most European Countries and South America, nearly everyone speaks ENGLISH in the Philippines.

The Philippines offers a significantly lower cost of living. The Philippine Peso (PhP) exchange rate is approximately PhP 48 to $ 1.00 or PhP 96 to 1 Pound [Sterling (GBP)].

Housing, food, and labor costs are quite reasonable. A One bedroom condominium can be purchased for around $ 60,000 or GBP 32,500 or a Studio for only $ 34,000 or GBP 18,000 and one can dine out on average at a three star restaurant for less than PhP 500. If you hire domestic help, a private driver’s salary is approximately PhP 10,000/month, while trained housekeepers earn approximately -PhP 5,000/month. These salaries are lower if you live in the provinces.

Cable Television, Hi-Speed Internet and Satellite Communications are cheap. One can hire an air-conditioned taxicab for eight hours for less than $25.00. In a country where a provincial Governor’s salary is only PhP 28,000 per month and a Presidential Cabinet Under-Secretary earns PhP 35,000, your pension can go a long way. So, if you have a retirement income of approximately $1,500 to $2,000 per month (PhP 80,000 to 100,000) you can live quite well in the Philippines.

As for health care, most U.S. Health Management Organizations pay for medical expenses incurred in the Philippines. Check with your HMO. The Philippine Department of Foreign Affairs presently has a task force headed by former Secretary Roberto Romulo working to have the U.S. government accredit a number of first class Philippine hospitals for Medicare reimbursement. The Makati Medical Center, one of the nation’s best already has such accreditation. Unbeknown to many is that for years, citizens of nearby countries such as Thailand, Nauru, Tonga, Indonesia, and Malaysia have flocked to the Philippines for medical care, particularly sensitive surgical procedures. The quality of medical care at the better Manila hospitals such as the Asian, St. Luke’s, Medical city, Cardinal Santos, Philippine Heart Center for Asia, National Kidney Institute, and Makati Medical Center meets international standards.

A Japanese company is building a medical facility in Tagaytay city exclusively for Japanese nationals within the year. There are now close to 10,000 Japanese retirees in the country, and the number is growing annually.

The British government recently acquired a large tract of land in Fort Bonifacio to build a new Embassy. The British ambassador explained the larger facility is meant to help serve the growing number of British nationals retiring there as well. Japanese and Korean investment groups are buying homes and condominiums in Manila, and tracts of provincial land for retirees. This has caused a mini- Real Estate boom in the country. A retirement village exclusively for Japanese nationals already exists in Tagaytay, and more are planned. These are strong indicators of what is on the horizon

English is the Philippines’ official business language. Most of the people you will meet, from hotel workers, taxi drivers, sales or service people, government employees all speak English, or have a working understanding of it. The middle class speak English, without exception. All major newspapers and major broadcast companies use English. An English speaking visitor will never get lost in the Philippines. It is the universal use of that language that has been a strong incentive to foreigners. As well, communications links within the country and to other countries via the various commercial gateways is up to international standards. For example, the use of cell phones and text messaging is so common that housemaids, street vendors and food hawkers can be seen using their cell phones incessantly.

One will never want for adventure and sights to experience in the Philippines. There is always a colorful Fiesta, pageants, street festivals, and open public events going on. Lush with bountiful natural resources, one can enjoy the numerous beaches, resorts, golf courses, and play just about any sport, except skiing. There is an ice skating rink in Manila, though. Scuba diving and fishing are among the sports which draw the most number of foreigners to the rich aquatic offerings.

Shopping is the Filipinos’ second most popular activity, the first is eating. Manila is Asia’s undiscovered shopping Mecca. You will love the golden purple sunsets, the fragrance of the flowers at dusk, and the wonderful array of fruit and food. I used to enjoy watching the Sun set from the bar at the Philippine Cultural Center. There, you can listen to the Symphony, check out a play, or enjoy Grand Opera. There is just so much to explore and discover, especially in terms of nature, culture, and history. If you’re a betting man, there’s horse racing, the Jai Alai, numerous first class casinos, and of course, cock-fighting. Manila is well known for its exciting night life.

Real estate buyers, investors cautioned
Updated January 29, 2010 12:00 AM
(The Philippine Star)

MANILA, Philippines – As the Philippine real estate market starts to perk up after the global slump, property buyers and investors are urged to take precautions against being misled or duped into investing in land parcels which may not even exist.

Dr. Jaime Cura, chief executive officer of CREBA Land Services & Title Warranty Corp. (CREBALAND), said that many land titles proliferating in the market are infested with material technical flaws which usually cannot be detected by those without technical savvy.

These flaws, Cura said, would not only adversely affect the value of the property, but may also pose serious implications as far as ownership is concerned.

In several cases that CREBALAND has examined, Cura said, these technical flaws turned out to be indications of title fraud or fakery.

One serious flaw is that the titled parcel, when accurately mapped, turns out to be located in an inalienable zone. Cura said that the Supreme Court has invariably ruled such titles to be void ab initio.

Some titled parcels happen to be situated in ravines or floating at sea, contrary to representations of the seller or mortgagor; while some parcels could not even be mapped or located, Cura said.

Still other parcels, which are supposed to be bounded by highways and thus would have higher market values, turn out to be situated far from the road networks; while other titles supposed to be covering large tracts of raw land turn out to be straddling fully developed subdivisions already covered by another title, Cura added.

Precisely to help protect unwary buyers and investors, CREBALAND has recently deployed in the internet the country’s first, fully-automated GIS parcellary mapping service, at www.mapsys.ph.

MapSys will be officially launched during the membership meeting of the Chamber of Real Estate and Builders’ Associations (CREBA) on 28 January 2010, 12:00 noon at the Bahia Ballroom of the Hotel Intercontinental, Makati.

As an alternative to the ordinary lot plan and vicinity map used in land transactions, Mapsys.Ph provides accurate parcel maps aesthetically laid-out and packed with multi-layers of spatial information, including a report on the technical accuracy of the parcel.

Thus, with just this single document, a potential buyer or investor
could already make a well-informed initial assessment of the offered property.

A multi-million peso investment by the leaders of the Philippine real estate industry, MapSys.Ph not only resolves the most common problem of banks, appraisers, brokers, potential buyers and investors in locating a property offered for sale or as collateral, but also accurately detects technical errors in titles or survey plans.

“The stability of economic enterprises hinges on the integrity of land transactions that fuel the engine of economic development and growth. MapSys.Ph is one of the ways by which we help ensure that integrity,” Cura said.

Acquiring something may not be as simple as one-two-three. Making judgements is never as easy as selecting between blue and red. There will always be the grey spots and the core points to consider. Think if you might be trying to purchase a car. You would likely consider your features like the brand, the color, the speed, the added features among other things. You also have to think about your own budget. Imagine if you are buying a house. Consequently the things to think about might even double. This time your finances might have double importance. The quality of the house and its resale value would be another. These are just some of the things that may come up to your worries. This is why to certain buyers, rent to own homes are the best options.

Rent to own homes are usually properties which are for sale but you need not pay for that outright. This is good for possible buyers who need to try out the property first as they may still have the option to back out should they think they do not like the home anymore. That is only among the several benefits of rent to own homes. Another is if the customer doesn’t have adequate funds for the moment but might like to get a hold of the actual property.  This way the buyer can have time to make up his finances over a period of time indicated in the buyer-seller contract.

The downside to that is if the new buyer decides not to buy the actual property then he loses the regular rent that served as his credit. If the new buyer continues to buy the residence but pays late for the monthly amount, most often, he may have higher rates of interest from then on. If he has actually past dues, couple of times within a year, chances are his option to buy the residence is completely void. These are the common terms and conditions of a rent to own homes settlement.

With regards to the maintenance of the property, any repairs which has to be done by the owner if this is a purely rented house, will be shouldered by the renter since they are regarded as upcoming proprietors already. Maybe a positive note to this would be the care and care given to the home by the determined tenants that really plan to have the house soon. Most of these renters would take care of their house and their community much better since they see themselves living there for quite a while compared to those who would be leaving in a year’s time.

Along with that, should the residence is considered “bought” already but is still on rent to own conditions, consequently the seller can never charm any prospective buyers anymore who might be willing to buy the home outright – a scenario which might be good for the vendor especially if he only wants to turn his property to cash. Or maybe, if the vendor has one more mortgage going, selling these rent to own homes as soon as possible would be good for him.