Your Very Own Amazing Custom Home Inspirations

Published November 8, 2019 | By Rere Residency

Looking for ideas for your new custom home? Well, what do you know, there are more than one inspiring ideas for your dream custom home you want.

From architectural designs, layouts and location, we are going to talk about everything which will help you find the right idea for your custom home.
There are a number of professional single and double storey custom home builder who would gladly point you in the right direction with regards to the location, construction and designing. So, shall we begin?

Where to Start

Any custom home builder will ask you how and where to start in order to have a better idea of your dream custom home.

How you want your home design to look like. What natural features you want to incorporate in your home?
Are you a family man? Or do you want to live alone? Or would you like a home to grow old and leave it for the next generation?
What type of lifestyle and neighborhood you are looking for?

All these questions will help you clear every confusion you have and will give you a clear picture of your dream home to you. Also, the custom home builder will know what type of design would suit your lifestyle. They would be able to provide you the locations that would appeal to you.

Some Great Ideas

Seeking the help of a double story custom home builder will provide you with some interesting home designing ideas. Based on your lifestyle and what you and your family are looking for, they would be able to provide you with some great ideas which you might overlook

For instance, making use of spaces within the frame to add more useful features to your homes.
Adding keyless entry in your home for more security and convenience.
Talking about security, you can add a secret compartment in your room or the storage room to keep valuable stuff.

Different Architectural Styles

The first thing which attracts about your home is the exterior design. Your custom home exterior design matters a lot in the ambience you want to create. Below are some of the popular architectural designs custom homes

Modern – Offering an open floor plan, modern house designs are made with flat roofs giving a box or geometrical look from the outside.
Victorian – Usually made into a double story home, a Victorian style paves way for a more classic style home. It is a style referring back to the 19th century where the Victorian style was prevalent.
The Cape Cod – A very simple home design that you would usually see in a more country style home. These homes provide more provisions for rooms and windows.
Mediterranean– These home styles take inspiration from Spanish and Italian styles. Usually Mediterranean homes are larger in size and more open space surrounding it.
Craftsman – These houses have a handcrafted woodwork and gabled rooftops. They are more like bungalow style homes with unique colour combinations.

Posted in Custom Home | Tagged Custom Home, custom home builder, Custom Home Inspirations, double storey custom home builder, Some Great Ideas

Should You Jump on the Wagon and Buy Land?

Published March 4, 2019 | By Rere Residency

Land has outperformed most other types of investments in the United States in the past twenty years. And it looks like this trend is going to continue as the demand for land keeps increasing with the supply being fixed at 3.7 million square miles.

Reasons for Increasing Land Prices

There have been a variety of reasons that helped the land prices steadily increase over the past two decades. They include a strong consumer confidence, healthy economic conditions, optimistic export conditions, favorable government policies and more.

There have been some opposing effects too, though. Currently, the one major factor negatively affecting the demand for land is falling farmland values, which is primarily due to a bearish global commodities market.

The overall consumer confidence, however, remains stronger than it has ever been at 127.4. In January 2012, it was just 37.4.

These figures have been reported by NBC News.

Reasons for Increase in Consumer Confidence

Just like the land prices, there are more than a few reasons for the increasing consumer confidence as well. They range from increased corporate earnings and increased wages to historically low interest rates and a bullish stock market.

Some of the other factors also include a reduction in unemployment, increase in retail spending and lumber prices, and more.

Interpreting These Factors in Terms of Land Value Trends

Most factors reflect an optimistic, positive trend, which means the land prices may keep increasing. Some of the most important factors backing this prediction are incredibly low interest rates and a decrease in the number of homes on sale.

Similarly, lumber prices seem be showing a lot of optimism as well, with construction being on a rise too.

A Quick Look at the Opposing Factor

As we mentioned above, the only negative factor that currently exists is falling farmland values. But we are seeing some positive signs here as well, so it may not be long before farmland values enter an upward trend as well.

After all, the agriculture sector is one of the biggest employers in the country, employing a massive part of the US population with 23 million jobs.

Positive Signs for Farmland Values

Since 2017, farmland values have almost stopped their downward trend. They are now trying to hold ground, while US farm real estate values even showing a slight increase.

Further, lower energy cost and better long-term global economic growth prospects mean that farmland values may start increasing steadily in the near future.

Opportunities Considering the Consumer Confidence

Based on our discussion about consumer confidence, we can continue to see it increasing over the years to come.

While commercial construction is on the rise, the inventory of homes for sale has been steadily decreasing, contributing to an ever-increasing consumer confidence.

Opportunities Considering the Farmland Value Trends

While farmland values aren’t anywhere near as optimistic as other types of land in the US that might change soon.

This is because not only new land is expected to be put on the market, but the farmland values may start increasing too as the global commodity markets are expected to make a comeback.

Posted in Buy Land | Tagged Buy Land, Consumer Confidence, demand for land keeps increasing, Land Value Trends

Real Estate Industry Crumbles After Demonetization

Published July 26, 2018 | By Rere Residency

Introduction

When the government announced the demonetization of India on 8^th November 2016. it was one of the great weapons in order to control black money But on the other side; it was a great sock for the real estate sector because it is criticized that most of the black money comes to real estate market. Because of demonetization, people are assuming that there will be a reduction in the rate of real estate market. So in this segment, we are going to discuss the impact of demonetization and after GST what is the current status of real estate after demonetization in India.

Effect of real estate after demonetization

People were saying that real estate after demonetization the market will crash; but it was not true because we are experiencing that there is nothing like that. The main effect would be one the sector where cash money was in use like people used to deal with cash money on land. According to real setae research, there could be the effect on the resell market because there is cash flow. So there is no issue in the lower and mid segment. On the other hand, it was said that the rate of interest would be low; hence the builder could have a great opportunity to earn. Now if we talk about GST implementation by the Indian government on 1 July 2017, it was good news for real estate sector. Let’s see how GST is boon for real estate.

Bottom line: The effect of demonetization on real estate was it slow down the market. But side by side it reduces the inflation and was responsible to enhance the rental sector.

GST a boon or ban for real estate

Previously a person has to give two tax service taxes well as VAT tax. Service tax was dedicated to central government whereas VET was dedicated to state government and every state had its own VAT tax. But today there is only one tax GST in every sector. Let’s know some facts about GST on real estate market

Ready to move property GST is not applicable
On land and plot, GST is not applicable
Under construction 12% of GST is implemented
From 25 January 2018, on the affordable housing, 8% of GST is applicable

One of the boons of GST is on raw material there is low; because previously there was cascading tax system which was responsible to enhancement in tax but now there is only one tax GST.

Since the construction rate is going to be lowered because the goods rate is low, hence there will be more benefits for the builder.

Bottom line: there is the great impact of input tax credit for buyers. When builder gets the input tax credit from the government then he has to pass on the credit to the buyer as well according to government rule.

Conclusion

There is a misconception among people about the percentage implementation under GST. For example, previously a builder used to take 3.75% of total tax but now because of GST; one has to pay 12% of tax, which seems really high. But I would like to clarify that the 3.7% of tax was on total amount whereas 12% of tax is on raw material and services. We know that there is three factor in Real estate land on which there is no tax, goods or raw material on which there is 5% to 28% of tax depending upon which material you are using. And the last one is services which include the contractor, Architecture, CA etc. So in GST people have to pay the tax on goods and services only.

Posted in real estate after demonetization | Tagged demonetization, demonetization of India, GST, GST on real estate, Indian government, real estate after demonetization, real estate demonetization, real estate market, real estate sector

What To Know When Buying A House For The First Time

Published October 14, 2016 | By Rere Residency

Know buying house first time

Ready to buy a home? know buying house first time is really exciting one. But will it be easy? Sure. This article will make it easier and effortless. It will give you the glimpse of things to know before buying a new home for the first time. Let’s list out the things comes to your mind when you are considering to buy a home.

Location! Location! Location!

The location is everything. Where you want to buy your home. A location is the most important factor and it plays a big role in buying a home for the first time. Most of the people prefer to buy a home nearby their workplace/School. When it comes to buying, people search for the properties nearby their workplace/School at first. Then they expand their radius. So when you are know buying house first time give importance to the location or else you will end up in spending for more bucks for transportation facility in your day to day life.

Price/Budget

Let’s say it has equal importance as Location. Sometimes, it gets slightly higher importance. So first time home buyers stick with your Price/Budget. Don’t get yourself fooled by the fancy terms. Decide whether you are going into “Ready to move-in” property or “Under construction” property. Ready to move in properties are slightly higher price range than under construction property. But the “under construction” property might get a delay from the proposed move in date. So better work with your builder for your need.

And also Sometimes people gets confused between buying a newly constructed one or a renovated/old one. Again do your homework. Ask for the price from the neighborhood. you will get a good understanding of what it was and what it has been.

Neighborhood facilities

Generally, people look for water, school, College, Medical shop, Hospital, and temple. Apart from that always look for the day to day need such as department store/ Grocery shop. And also most importantly look for transportation facilities also. Calculate how much time it takes from the bus station/train station to reach home.

Home Loan/Loan against property

Nowadays more than 90% people buy home by taking Loan. If you decided to take a loan, keep an eye on interest rate terms. It varies from Bank to the bank. And also discuss with a bank representative about the repayment options with interest. Sometimes having a fixed deposit with the bank can save you some money. Always keep in mind that needs get changed and priority may vary over a period. So you will be needing money for other kinds of stuff as well as the time goes by. So try not to commit almost all the money you get for loan payment.

Calculate the amount you will be paying to the bank till the closure and compare with the original loan amount you will be taking. Let’s say you are paying each month some standard amount like 25000 for the period of 20 years. So it will be 500000.But there might be a chance that you have taken the loan for only 350000. Discuss the pre-closure terms with the bank. It will be always better to get the second opinion. Sometimes you find the builders saying that they take care of all the hurdles and you just have to pay the down payment. You may find it easier and sign up can be tempting, but consider the fact that nothing comes for free. There must be something called hidden charges.

Happy buying! All the best 🙂

Posted in buying a house | Tagged Budget, buying a house, buying a house first time, First Time Home Buyers, Home Loan, know buying house first time, Location, Neighborhood facilities

Villas Rent In Dubai Caters Your Luxurious Needs

Published January 2, 2015 | By Rere Residency

Dubai a dazzling city attracts millions of tourists from its amazing attractions, tropical beaches, delicious food and hot climate around the year. All your individual holiday desires can be met here from an action packed adventure vacation to relaxing beach holiday. Stunning villas rent in dubai are available on most of the beach destinations and best holiday attractions. For a longer stay in Dubai you would find an abundance of luxurious villas to rent offering a great option of accommodation rental. There is a splendid choice of alluring villas with private gardens with well-furnished and air-conditioned bedrooms, dining areas, spacious rooms, a lush tropical garden, other amenities such as swimming pool and more.

In addition to this, you can avail full-time staff such as maids, spa therapists, gardeners, well-trained cook, and other services as well. At Dubai, you will find long term accommodation choices to cater for almost all budgets, from Villas to Dubai homes for rent. The best places for a traveler to choose an apartment or villa at Dubai includes; Near Dubai Marina, Emirates Hills, near to Jumeriah beach, near the Dubai old city center with its myriad attractions and entertainment outlets, shopping malls such as Ibn Battuta Mall, Mall of Emirates and lots more. You can even look for the accommodation near the popular Wild Wadi water park. You have amazing choices of accommodation options to choose from. However, when it comes to have luxurious stay in Dubai then renting a villa is the best option to consider.

Guide to villas Rent in Dubai

While purchasing Dubai villas for rent there are number of factors to be considered. First question is making sure about the duration of stay i.e. either long term or short term. Second one is the purpose of going to Dubai either for vacation or business.

If you are just planning visit Dubai with your family members, might like to stay in the villas which is completely isolated with the gates & also have to make sure that all the necessary facilities are within your reach, so that there will be no need to go out for anything. You will be required to move out only for outing, shopping, business meeting and for other such reasons.

Rental villas in Dubai are the perfect place for Luxury living as they will be filled with the amenities which you would like to have in your daily life. These types of villas are built with the state of art technology. Some of the available stuff in these villas is high speed internet connection, phone and intercom connection, spa, safety car parking facility, satellite television, servants and maids. The main thing that matters with this type of apartment is the cost and this depends on the luxury that you opt for.

The suitable condition in rented villas depends upon your budget. If you are not having any sort of financial constraints then opting for the villas is the wise decision. So Dubai villas for rent are best suited if you come up with more than a reasonable budget.

Posted in real estate dubai | Tagged apartments for rent in dubai, Dubai homes for rent, dubai real estate, Dubai villas for rent, property for sale in dubai, real estate companies in dubai, villas for rent in Dubai

When Will Real Estate Values Begin to Appreciate Again?

Published September 5, 2014 | By Rere Residency

Real Estate Values

This is the $64,000 question that real estate professionals, investors, and mortgage professionals would like to know. The truth is nobody can accurately predict the return of the real estate values market. Like everyone else, I can’t predict the end of this crisis either, but what I can do is tell you what will have to happen to facilitate that change. The answer is quite simple: America must reinvest in herself once again. Without an investment, real estate is as worthless as the Dollar is today.

Think back, or read a history book, about how families in the ’40s and ’50s used to buy homes. Young couples lived with Mom and Dad during the “courtship” prior to getting married, until they had saved 20% to put down on their “dream home”. They made an investment in America, (i.e. the American dream). In the years that followed we have devalued that investment in lieu of credit and the easy access to it. Real Estate Values rose artificially and our nation became addicted to credit.

The value of the dollar has been demolished due to the same principle. When we place value in assets based on their ability to be easily bought and sold versus the value that has been invested in the asset, we devalue its worth. For example, two years ago I could have bought an $800,000 house (and I assure you that I cannot afford a house that expensive). The owner of that asset (the $800k house) placed value on his asset based on the availability of buyers like me who could buy the home. The problem is, this homeowner probably had less than 5% invested in the home. Where do you think that homeowner is today?

Real Estate Market

Had he put 20% down on his home, he would then own a valuable asset in which he has a real investment. This outlay of cash forces him to buy and sell his home in the same manner he would move an $800k investment around in the stock market very carefully. Thus, the home has REAL value. However, having bought the home with little or no money down, the asset became disposable and so follows the real estate market.

So, as I said earlier, I cannot predict when the real estate market will bounce back, but I can tell you what needs to happen before it does. America needs to reinvest in herself by getting back to solid buying and selling principles. This strengthens home values, which encourages investors who employ builders who employ carpenters, painters, real estate agents, loan officers and so on. America was built on the “American Dream” which has turned into the “American Nightmare”; she can only be rebuilt by hard working Americans, not by Wall Street.

Posted in Real Estate Values | Tagged mortgage professionals, real estate market, real estate professionals, Real Estate Values

Manage Your Holdings for Maximum Income

Published August 14, 2014 | By Rere Residency

When you buy a piece of income real estate, you must go through what is called the contract and closing steps. These two steps called the passing in some states. Both these steps are easy for three reasons:

Manage Your Holdings

Your work is little more than showing up and having your papers ready.
Your attorney and accountant will know exactly what to do and will give you this information.
The average contract signing will take only about one hour of your time. The average closing will take about 1.5 hours. So you will invest about 2.5 hours, during which your attorney will be present to tell you which papers to sign and to explain the various details of the contract signing or closing.

Since the contract and closing stages are so routine in the purchase of income real estate, I am skipping the details here. Also:

Your attorney will be at your side to explain every step in the process, should you ask. Your attorney can explain what’s going on much better than I can. So I am sticking to the business and cash flow aspects of your income real estate deals in this book.
Your attorney is an expert on the legal aspects of your transaction. And your book’s author is an expert on the business and cash flow aspects of your income real estate investments. After you buy your income property, you will probably receive some rent security deposits. These can range from $1,000 for a small property to as much as $50,000 or more for a large property. But you are not allowed to spend these security deposits; instead, you must keep them in a bank account where they are safe and secure for your tenants.

Posted in Real Estate Income | Tagged Manage Your Holdings, Maximum Income, real estate Income, real estate investments

Increase Your Profits from Every Property

Published June 20, 2014 | By Rere Residency

Increase Your Profits

Having made the improvements suggested above (which will take about two months), you are ready to raise the rents in your building. Here are a few guidelines I find work well in all types of apartment houses:

Tune in to today’s economy by ridding your mind of ancient rent guidelines. Rents have risen enormously! Be sure you raise your rents to reflect the increases that have taken place.
Never be afraid of losing tenants. You can always rent an apartment to someone else.
The bottom line always is: You must make money on the property; otherwise you will have to get rid of it. So you must take action to raise the rents as soon as possible.
Your tenants will usually be willing to pay higher rents if you improve the property. Thus, their sympathies will be with you when you take steps to improve your building.
Be certain you know the numbers (income, expenses, profit) of your buildings before you increase your profits any rents.
Make careful computations so you’re sure that the increases cover all your expenses and give you a profit and positive cash flow (PCF). Never support a building by putting cash into it each month.

Posted in Real Estate Profits | Tagged Increase Your Profits, Real Estate Profits, rent guidelines

Take the Billions Being Offered to Real Estate

Published May 24, 2014 | By Rere Residency

Take the Billions Being Offered – Your reaction to the heading directly above might be intense laughter. If so, please don’t call me to tell me you tried 116 lenders and they all said no. I know what our situation is; I wrestle with the problem of finding more borrowers for our real estate money. Plenty of my friends in the business tells me they, too, have the same problem. Since I have actual, daily, experience in lending money for real estate purposes, I know that you can find the money for your real estate deal that involves attractive and “lendable” properties.

Billions Being Offered

Take the billions being offered to Real Estate A lendable property is one that has a value somewhat greater than the amount of the loan you seek. Of course, if the property is worth a lot more than the loan you seek, your borrowing will make much easier. Because I struggle daily to find more real estate borrowers. I’m convinced there is plenty of money around for your real estate deal. All you need to do is go out and look for the real estate money you need! You can look for this money in some ways, such as:

Writing to various lenders asking them if they would interested in your real estate loan. Calling lenders in your area, who might interested in lending your real estate proposal.

Visiting in person lenders whom you think would be willing to help you. Looking on the Internet for real estate lenders who might work with you on the deals you have. Reading the Real Estate Section of your local large-city Sunday newspaper, looking for ads run by lenders in your area.

A Borrower for Real Estate Investment Purposes.

A Lender Who Loans to Real Estate Investors.

Consulting the various directories of real estate lenders listed at the back of this book to find the names, addresses, and telephone numbers of many lenders. One of these lists contains 2,500 names of active real estate lenders. so please believe me a good friend of mine when I tell you that real estate money is available to you. What you have to do is look for it in a way that you find is suitable for your lifestyle and method of looking! And by using the smart and proven methods we give you in this book, you can borrow your way to real estate riches! Take it from someone who works both sides of the street as:

Posted in Take the Billions Being Offered | Tagged lendable property, Real Estate, real estate borrowers, Real Estate Investment, Real Estate Investors, real estate purposes, Take the Billions Being Offered

Plenty of Free Advice and Assistance Can Be Yours

Published April 20, 2014 | By Rere Residency

Income real estate is not a complicated business. You’ll find that many attorneys and accountants know the ins and outs of real estate. So you do not have to run around looking for people who know things about a business that is highly complicated.

How can we say this? Because:

Experienced real estate attorneys can easily draw up the papers you need to buy or sell real estate.

Documents such as leases, security agreements, and maintenance contracts are almost what attorneys call “boilerplate”. Nearly every document you’ll ever need can be found in the standard reference books containing often-used documents for real estate attorneys.

However, you must always have the Plenty of Free Advice and Assistance of a competent real estate attorney whenever you buy or sell any real estate. Likewise, you should also have the services of a competent Certified Public Accountant (CPA).

Your accountant will not have much of a problem with the average real estate deal. Why do I say this about accountants? Because the arithmetic aspects of real estate are well known to accountants. You can easily learn them yourself if you wish. Suggest that you get to know the “numbers” of real estate because doing so can mean big difference in your income. Later in this book you will get you started on the numbers you’ll need to know to borrow your way to real estate riches.

Posted in Plenty of Free Advice | Tagged boilerplate, buy or sell real estate, Certified Public Accountant, Plenty of Free Advice, real estate attorneys, real estate deal, real estate Income