Official Opening For Banner Homes Scheme Of Executive New Homes In Surrey

The Mayor of Elmbridge, Cllr John Sheldon, was the guest of honour at the official opening of Wychwood, an exclusive development of just five five-bedroom houses in Oxshott from Banner Homes. The launch of these new build homes in Surrey coincided with the announcement that all but one of them have already been reserved, with only Plot 1 now available for 1.6 million, with Banner Homes offering its Premier Part Exchange deal as an incentive for buyers.

“I am delighted to officially open this striking new development. These homes have been built to a very high standard, and that has surely been proved by the demand for them so far,” said Cllr Sheldon. “They will be a lovely addition to the village of Oxshott. I am also extremely grateful to Banner Homes for their kind donation to my charity, Sam Beare Weybridge Hospice, which is a cherished facility that has helped many with terminal illness to end their lives peacefully, with support for the bereaved families.”

This gated development is in one of Surrey’s most desirable residential addresses. Elmbridge topped the Halifax Quality of Life survey for 2010, beating 407 other local authorities around the UK for its combination of good schools and healthcare, low pollution, high employment and good-quality housing. Its location close to London (around 30 minutes by rail), the M25 and the Surrey countryside makes it a perfect spot for commuters and family buyers.

“We are delighted that the Mayor of Elmbridge was able to officially open our latest development in Surrey,” says Shelley West, Sales Director for Banner Homes Central. “The demand for the homes at Wychwood has already been extremely high with only one home now available. Oxshott is an extremely desirable place to live so we urge those interested in the development to visit before it is too late.”

The last remaining home for sale at Wychwood has accommodation spread over three floors, with a generous patio and rear garden and a double garage. From its impressive central hallway leads a sitting room, study, dining room and cloakroom, along with the large kitchen/family room, which has a separate utility room. This room provides a large space to enjoy informal meals and everyday family life, with two sets of French doors opening out onto the rear garden, a real boon in the summer.

On the first floor, the master bedroom has a full en-suite bathroom, dressing area and a private balcony. Three other bedrooms and three bathrooms complete the accommodation on this floor. On the second floor is the fifth bedroom, a sizeable storage room and a TV room, along with another shower room.

The sheer size of the house is bound to impress, and the specification is equally exciting. The all-important kitchen has beautiful, contemporary-styled units and top brand-name appliances, along with the latest composite work surfaces. Bathroom tiles and sanitaryware are luxurious and stylish. There’s a loop system allowing audiovisual signals to be piped around the house and the TV room is pre-wired for a home cinema system. For peace of mind, the home is fitted with a NACOSS-approved alarm and has a security camera at the front door.

High Quality ALTA Land Surveys

The American Land Title Association (ALTA) is a professional trade union that has helped establish conformity and quality among boundary land surveys in the USA. The ALTA surveys are designed to satisfy the requirements of corporations, lenders and title companies, when dealing with commercial properties. They are generally created for title companies, lenders and title insurance companies. The ALTA surveys provide detailed information for the lender, buyer and title insurer about the present and future situation of the land in question. An ALTA survey is also known as boundary survey that has been jointly prepared and adopted by the ALTA/ACSM.

An ALTA/ACSM land title survey is used as part of the insurance and/or title certificate application, where property boundaries are required to be accurately documented and reported upon. Sometimes referred to as a “Due Diligence survey,” an ALTA/ACSM land title survey is often commissioned to provide information from county zoning laws, setback requirements, and height requirements of a property. All ALTA surveys must meet the minimum requirements as set out jointly by the American Land Title Association and the American Congress on Surveying and Mapping (ACSM).

Surveys that conform to ALTA standards show information that a standard land survey may not show. It generally includes roads, fences, trails, utility lines as well as detailed legal descriptions that might mention a suggestion for further investigation into a particular matter. Usually land surveys do not need to confirm to any minimum detail requirements unlike ALTA surveys. This detailed information is mandatory for commercial building.

ALTA surveys can be very expensive and time consuming – but very worthwhile. To get one done you will need to contact a land surveying firm that is a member of the American Land Title Association (ALTA), as these are the only ones who are licensed to conduct an ALTA survey. There are hundreds of land surveyors that can conduct surveys across the USA, so it is easy to get hold of one. Some of these firms also consult with their clients in determining their exact land survey needs, assuring them as the most cost-effective land survey required for their project. You can find them either on the internet, in your local directory or by asking for a recommendation from friends or colleagues.

Real Estate Owned Property in Atlanta GA

If you are interested in investing in any of the Real Estate Owned property in Atlanta GA then you are at the right place. For we have put in place real estate agents to assist you in the buying and selling process. Our properties do not usually last long on the market.

There are numerous real estate investors who are flipping bulk REO tapes for quick profits. On the other hand you will also find that there many savvy real estate investors who are buying bulk portfolios to hold. These real estate investors have instituted that by so they can make MASSIVE profits by using the same technique some car dealers use. They use a “Buy Here – Pay Here” approach.

Providing proprietor financing to a market segment who cannot get a traditional loan is proving to be a market with huge potential profits. To be aware of how these investors are profiting, you must first know the concept of a “Land Contract”.

A land contract is a contract among the buyer and a private seller of a property, where the seller will hold the name or the deed to the property until the property has been paid in full. “Using the Land Contract, the saver will sell the property “AS IS” to the new buyer.

Many times the investor will sell if for only 10-20 percent on top of what they paid for it. The explanation for this is because the price appears very attractive to the buyer because they are getting a house technique under market value.

The investor in turn on the other hand will offer a to some extent higher than market interest rate to the buyer, as the transaction is one that provides a NO BANK FINANCING opportunity. Since owner financing is obtainable, there is a much wider pool of prospective buyers. Remember that the payments to the new buyers are motionless cheaper than paying rent. This means investors can put up for sale their properties very fast.

Can you picture if you were a “traditional” buy and hold investor trying to rent out one of your investment houses in the same area as where a bulk REO investor comes in, sells the house next door for a smaller amount with payments cheaper than rent? This is one of the reasons why these investors can sell houses quicker than normal.

The only disadvantage to this type of investing strategy to a new investor is that they have to buy at least five properties at a time to have a benefit of getting these types of discounts from the banks. The investor on the other hand really should not be nervous, because anytime you can get a house at 25% – 45% of Loan To Value, there is not much danger at all. Average properties found in these little bulk portfolio pools range from 21,000 to 25,000 dollars. How does it works out for an investor.

Let’s take a look at some examples of deals which are only representations:

2112/2114 Delachaise, New Orleans LA: sell in 73 days sell at $29,353.00, 16 year mortgage @ 9.9% Monthly credit payments are at $300.00

107 Paisley Drive, Williamston SC, sell in 123 days sell for $56,206, 20 year mortgage @ 11% Monthly mortgage payments are at $574.00

310 E. Trail St., Jackson MI, sell within 67 days sell at $41,796, 13 year mortgage @ 9% Monthly mortgage payments be at $450.00

1079 Arlington Ave., SW, Atlanta GA, Sold in 74 days sell at $40,227, 10 year mortgage @ 10% Monthly mortgage payments are on $525.00

The question to ask yourself is this investment strategy for you? Does it make sense to buy investment properties in little quantities for pennies on the buck, while enjoying the same bulk discounts that main players receive when they buy 8 Figure Bulk REO packages from big banks?

Little Bulk REO investing seems to be the respond. Making above average cash on cash return has on no account been easier.

Trouble In Egypt Boasts London Super Prime Market.

During the recent troubles in the Middle East the number of Egyptians enquiring about the most expensive addresses in London has risen. Just a few weeks ago an Egyptian family from Cairo purchased a 5million flat in central London without even viewing it. This seemed to be just days after the political unrest in Tahrir Square. They registered with a London agent and they then emailed them a brochure for the flat. They then went on to pay for the flat in cash. A spokesman for the agency in London explained that the buyers wanted to move their money to a place which they knew would be safe. The family intend on moving here in the summer so that their children can be enrolled here ready for the new school year.

The same agency has had eight serious enquiries from Egypt since the political unrest back in January. Between them they have looked to acquire more than 100million of London’s real estate and it is all to be bought with cash. Many would not be well known in this country but they deal in oil, land and clothing. Many of them want to spend around 20million on a house because they are worried about the banking system in Egypt and also they are unsure of the new government which has been appointed.

Another agent predicts that buyers from the Middle East will spend 2billion on residential property in Britain this year. They spent 1.15billion in 2009 and last year they spent 1.5billion. They are predicting this due to the political upheaval that has occurred in the last two months. Other agents have also seen rises in buyer enquiries from the Middle East in the last three weeks, they most tend to be looking in 500,000 to 3million bracket with them. Buyers from Kuwait, Iran and Saudi Arabia are also looking too.

Just in the last few weeks a house in Eaton Square which is on the market for 28million has been viewed by a few Middle Eastern buyers. Whilst in Belgrave Square a 12.5million penthouse has just been bought by an Egyptian. Others are simply looking to rent and the area of Hampstead has had enquiries about 20,000 a week rentals in some of the properties there from Egyptians who want to rent immediately.

The Saudi Royal family are also looking. A Saudi princess has apparently been looking at a 60million house in Holland Park. The Saudi Royals tend to favour Mayfair when buying real estate but wealthy Arabs do like areas such as Knightsbridge and Regents Park as well. Lots of high end enquiries though tend to go through intermediaries based in London. Purchases are also usually made through off-shore companies. Colonel Gadaffi’s son Saif bought his Hampstead home in 2009 through Capitana Seas Ltd which is a company registered in the British Virgin Islands for 10million. He did try to sell the property last month for 10million but instead chose to let it out for 9,750. However agents are weary of having any dealings with anyone related to Libya due to the unrest there now.