Tag Archives: Property

Property for Sale and Rent – All About Property Agents

Property agents are professionals who help in connecting buyers to sellers in the property industry. Some of the property agents also do link up tenants to landlords for property rental.

How does a property agent earn money? He or she earns by linking up the two interested parties and charging them a commission when a deal is confirmed. For property sale, the commission is usually charged to the seller, whereas for rentals, the commission is charged to both parties involved in the transaction. How much does an agent charge? He or she generally calculates their fee as a percentage of the selling price and as part of the rental.

The seller of a property usually leave his or her keys with the agent so that whenever there is someone interested in it and wants to take a look, the interested party can contact the agent directly. This will save a lot of hassles for the owner.

A lot of home seekers like to seek out property agents for their good services, as well as getting properties quick. As the agents are very familiar with the real estate industry, it makes perfect sense to approach them to get an idea of the going rate for properties in that region. They will generally know the prices of various real estates of different types and at various locations in a particular region.

The real estate seller can possibly get a few thousands more for his or her property by using the sound advice provided by an agent. A good agent will analyze the needs of a home buyer or tenant and provide suggestions on what kind of home could be available to them within their budget. By servicing both the buyer and seller, property agents can earn commission by help selling the house, and if they make the buyer happy, they too can earn a good reputation and hence more businesses in the near future.

However, it is worth noting that property agents work on seller’s behalf. So, beware if they are trying too hard to sell a property. To find trustworthy agents, you can search on the Internet and locate website which lists properties in your region. For each property listed, there is usually an agent in charge of it. Some websites offer review and testimonials of the agents for the transactions that he or she has done. This will give you a rough idea whether the agent is trustworthy or just out to earn commission.

Libra Native: Combinations Giving Luxury, Wealth, Waterfront Property and Pleasures of Bed

According toBhavartha Ratnakar, a famous Sanskrit treatise on astrology, Saturn is the yogakaraka (the creator of auspicious combinations) planet for the Libra native; though being the lord two lean positions, third and six houses, Jupiter is also a yogakaraka.

For Libra ascendant, Saturn owns the fourth and fifth houses. Being the lord of the fourth house (Capricorn), an angle, Saturn forgets its evil or malefic tendencies, and the lordship the fifth trinal house makes it fully auspicious. Hence Saturn is the fully auspicious planet for the Librans. However, the auspiciousness of Jupiter-which according to the general rule of astrology forgets its auspicious nature due to ownership of the mildly evil third house (Sagittarius), and by ownership of the sixth house (Pisces) it becomes a functional malefic. But, Jupiter is exalted in Cancer, in the Mid-heaven, tenth house-most important of the angular houses-for the Libra native; therefore, it becomes capable of creating auspicious combinations.

The presence of Saturn in ascendant in exaltation, in the sign of Libra can raise the fortunes of Librans very high. Saturn is the significator of the sixth, eighth, tenth and the twelfth house, according to most of the treatises of Indian astrology.

Therefore, for a Libra native, it influences six houses, including the fourth and fifth. In one fell swoop, only one planet (which is otherwise considered a malefic for most others) makes six houses favourable to the native! What else can you want?

In addition, the presence of the Sun (own house-Leo) and Mercury (one step away from exaltation and own sign Virgo), brings together the significator (Sun) and lord of the ninth house (Mercury) of luck. If Venus, the lord of the first and eighth lord, is also in the first house then the stage is set for luxury (represented by Venus-own house-and Saturn, the owner of the fourth house); wealth through Saturn-fifth house-and Sun, eleventh house plus Mercury, ninth house, general prosperity; waterfront property Saturn (fourth house); and pleasures of bed through Saturn (significator of twelfth) and Mercury (the lord of twelfth).

Similarly Saturn in the fifth (Aquarius), Moon and Jupiter in the tenth (own house and exaltation, respectively) with the Sun in the third (Sagittarius) and Mercury-Venus in the fourth, can create a chemistry they can give all the four captioned goodies plus more.

Presence of the Mars (own house) and Moon (tenth lord-one step from exaltation) in the seventh, aspected by Jupiter in the third (own house Sagittarius), the Sun in the eleventh and Mercury and Venus in the tenth will give the Libra native luxury, wealth, waterfront property and pleasures of bed throughout life.

The Right Brazil Property Investment

Demand within Brazil property looks set to continue for at least the next two decades with the market offering some of the best investment opportunities around. But as always, the secret to high returns is choosing the right sector for your investment in Brazil.

And all the signs are pointing to the middle and lower ends of the Brazilian property market as the areas where demand is highest and supply lowest. On the other hand, at the other end of the spectrum, the luxury property market is clearly showing signs of strain.

Over the last two years, investor focus – both Brazilian and foreign – has been firmly on the high-end of the Brazil real estate market. Properties priced over R$700,000 (€315,000) have seen spectacular rise prices, particularly in Rio de Janeiro and Sao Paulo, prompting speculation that the luxury property market is about to peak.

But while the top end of property investment may well be in danger of collapse, other market sectors are showing quite the opposite.

Prices have also risen in the middle and lower ends of the property market and construction continues apace, but demand still has a very long way to go before it comes close to meeting supply. Wilson Amaral, Chief Executive of Gafisa, one of Brazil’s largest real estate companies, claims that Brazil needs to build 1.6 million new properties every year just to satisfy demand from families entering the market. And all this without even addressing Brazil’s massive shortage of homes, currently estimated at around 7 million.

Quoted in the business broadsheet, Valor Economico, Mr Amaral said that “if Brazil goes on growing at 5% to 6% a year, with salaries rising above inflation and young people entering the job market, demand will go on rising at current levels for the next 20 years”.

His predictions echo the Ernst & Young report, Sustainable Brazil – Housing Market Potential, which describes meeting demand for property in Brazil as a “huge challenge”. Statistics in the report point to an increase of 58% in the number of households in Brazil by 2030. This together with a rapid increase in purchasing power leads Ernst & Young to forecast the construction of 37 million properties in Brazil over the next two decades.

A huge slice of these homes will be built for Brazil’s fast-emerging middle classes, indicating that this sector is the one with the biggest investment potential.

Meanwhile, the Brazilian government is focusing on meeting some of the demand. The state housing programme, Minha Casa Minha Vida aims to build 3 million homes by the end of 2014 through heavily-subsidised loans. But it’s more than obvious that Minha Casa Minha Vida will only go part of the way to help reduce demand.

Buyers in the middle and lower sectors of the Brazil property market tend to have a bigger stake in their homes than those in more developed markets. Brazilians buying off-plan typically pay 25% to 30% of the property price in monthly installments over the construction period. As a result, buyers are much more price sensitive and house prices in this sector of the market tend to experience a slow but steady rise unlike the steep price hikes seen in luxury property.

So, while speculation in the high-end property market in Brazil’s big cities is expected to lead to the market peaking in the very near future, the very opposite is true for the middle and lower sectors. Here, the combination of relentless demand – that’s unlikely to be met for at least 20 years – and buyer profile means there’s scope for successful investment in property for many years to come.

Sagittarius Native: Combinations Giving Luxury, Wealth, Waterfront Property and Pleasures of Bed

For a Sagittarian, Jupiter and Mercury own all the four angular houses. While Jupiter owns the ascendant and the fourth house, Mercury owns the seventh and tenth.

According to the well known principle of astrology, a natural benefic owning two angular houses-if neither of them is ascendant; for, ascendant is an angular and trinal house, both-becomes blemished. Reason: any planet owning an angle forgets its natural tendency i.e. if it is a natural malefic-for example, Mars-it will forget its natural malefic tendency and its behaviour will correspond to its ownership of another house.

In this case, due to tenth (Virgo) ownership Mercury will shed its beneficial qualities and due to seventh (Gemini) ownership-seventh lord also inflicts death, at an appropriate time-it becomes functionally inauspicious.

We should know that in the natural zodiac ninth house (luck) belongs to Sagittarius; therefore, Jupiter is the sign of good luck. In everyday life, the happy-go-lucky, half man and half horse sign gets favoured by Dame Luck for one more reason; for Sagittarius ascendant, Leo is the sign of the ninth house. Its lord, the Sun is the significator of the first and ninth house. Hence, being the lord and significator of the ninth house it becomes doubly powerful to bestow the benefits of good luck, while Jupiter is the natural lord of the ascendant and good fortune. An exchange of the places between the two can make the native a very lucky person.

The Sun is also the significator of father; in the south Indian schools of astrology, the ninth house represents the father. It is for this reason that even if the Sun is in the eleventh house, in the sign of Venus-its fall-the flow of fortune from father’s side will not stop for this native.

There is one more special placement for this native: Saturn is the lord of the second (Capricorn) and third (Aquarius). As per a well known principle of Indian astrology, the lords of the second and twelfth houses do not give independent results. Their results correspond to the ownership of the other house. Therefore, as the lord of the second, Saturn will give the result of the third, which is a mildly malefic house. The presence of Saturn in the fifth house for this ascendant should be doubly bad; for it shall be in its fall, Aries and as a natural and functional malefic it will destroy the wealth and other indications of the fifth house of the native, thereby making him a pauper. But in actual fact it is otherwise: being the lord of the second house of wealth, it is placed fourth from the second house, which is very good; it is also third from mildly malefic third house in its fall, which is again very good (a bad planet in a bad shape give good results because of destruction of bad indications). It is for this reason a fifth Saturn makes this person wealthy.

Presence of Mars, the lord of the twelfth (Scorpio) and the fifth (Aries) in the fifth, links pleasures of bed with dating, and affairs (12th & 5th houses); if the Moon is also in the twelfth house in fall, as the lord of the eighth, its give the benefits of vipareet rajayoga (reverse ruling combination). This Moon, having the eighth, full aspect of Mars, in its sign Scorpio, creates a Neecha Bhang Yoga (cancellation of fall). This makes both Mars and the Moon capable of conferring excellent results. If Jupiter is also in the ninth in Leo, exchanging with the Sun in the ascendant, thus strengthening the ascendant; this, and placement of the Moon and Jupiter in angles from each other creates a mild Gajaksari Yoga. Besides, if Venus is in the eleventh, its own house, it can give income to buy waterfront property and make the life of luxury possible.

Placement of Venus in the sixth house of Taurus also creates luxury of bed possible by its full aspect on the twelfth (bed) house. If Venus is in exaltation in Pisces, the fourth house along with Jupiter, it creates a powerful Malavya, Hamsa and Lakshmi Yogas, bestowing regal paraphernalia on the native. If the second lord Saturn is also in the eleventh in exaltation, and other planets do not have very bad placements, the native shall be equivalent to an emperor. MalavyaYoga was present in the chart of John F Kennedy.

All the above combinations, even if not present in their entirety, are capable of conferring luxury, wealth, waterfront property and pleasures of bed on the Sagittarius native.

Property Investment Loans and the Luxury Home Market Still Suffering

Both the luxury homes and the investment property market are still feeling the pinch of the credit crisis, with loans hard to come by and substantial excess inventory. The process of arranging loans to buy property has been drastically affected since the Lehman Brothers crash, and most lenders have increased their lending criteria by a substantial margin.

It is unlikely that a borrower will be able to arrange financing without at least a 25% deposit available. When one takes into consideration the increases in charges and fees to arrange a loan, realistically this needs to be closer to 30%. Until such times as the commercial property losses accrued and coming due over the next 18 months have been declared, lending is going to remain restricted and the markets will continue to devalue.

Some markets may recover sooner than others, but the problem of overbuilding – particularly in the “luxury” segment is likely to continue to cause a problem for some time. With the end of the 125% “jumbo loans,” and a return to rational lending, one has to wonder how much of the current inventory is going to be unsalable.

It is hard to accurately predict where the turn around point will be – and there will be one, but many are calling that point and have been calling it almost since the downturn began. But – I feel this problem is still unresolved and this one is too big to “hype,” our way out of. The underlying fundamentals: lack of credit, upcoming banking losses in the commercial property sector, and rising unemployment have not changed.