Articles on real estate
How do you figure out property tax rate? To calculate your individual property’s effective tax rate, all you have to do is divide your annual tax bill by what you estimate to be the market value of your property. So, if you own a property worth $300,000 and your annual tax bill is $10,000, then …
A construction loan is a short-term loan that covers only the costs of custom home building. This is different from a mortgage, and it’s considered specialty financing. Once the home is built, the prospective occupant must apply for a mortgage to pay for the completed home. What kind of loan do you need to build …
Breaking up with a real estate agent is best done as early as possible in the relationship, before they’ve invested unpaid hours into finding your next home. It can be as easy as simply telling your agent you’re no longer interested in their services and thanking them for their time and expertise. What should I …
It’s the property manager’s responsibility to clean, repair, and maintain the space. … Your property management company also will conduct move-in assessments and regular inspections to make sure your property stays in good shape. What does a property manager handle? The property manager’s responsibilities might include supervising and coordinating building maintenance and work orders, doing …
You can pay online at the Official Payments website by clicking here. There is a 2.99% fee for credit or debit cards, or a flat $2.10 fee if you pay by electronic check. You will need to know your property tax account number, which can be found on your tax bill or by calling the …
Can a non-resident get a mortgage to purchase a house in Canada? Yes! Usually Canadian banks and lenders require non-residents have a minimum 35% down payment (in other words, 35% of the cost of the home paid for in cash, with a maximum of 65% of the home’s value provided as a mortgage). Can you …
A foreigner can only own one property in China, and that property must be residential. … For example, in Beijing, you must pay taxes and social security for at least five years before you are permitted to buy a property. Can foreigners buy property China 2020? Foreigners who have studied or worked in China for …
Do REITs have ticker symbols? The following table is a list of publicly traded REITs and REOCs. Click on the name of a company to visit its website. Click on the ticker symbols of the companies to obtain detailed stock information. How is a REIT different from a stock? REIT investors hold shares in a …
Next, REITs often issue debt to help fund acquisitions, which can be an excellent way to boost shareholder returns. This is a simplified example, but if you can borrow money at 3.25% interest and buy properties that generate 6% annual returns, the math works out in shareholders’ favor. Why do REITs have a lot of …