Yucatan Real Estate Owning Your Corner of Beachfront Paradise

While the main focus of Yucatan real estate tends to be the charming colonial homes in the capital city of Merida, there are also excellent beachfront options available along the beaches stretching across the north of the Peninsula.

While the main focus of Yucatan real estate tends to be the charming colonial homes in the capital city of Merida, there are also excellent beachfront options available along the beaches stretching across the north of the Peninsula. Consider some of the benefits of this area.

Very Quiet Lifestyle – The north shore of the Yucatan Peninsula is relatively low in tourism compared to bustling centers around Cancun. This means that you can live quietly on the beach, really away from everything even away from other people who are trying to get away from it all! The beaches are beautiful, as is the nature. Those who choose an in-town Yucatan home for sale will also find that the villages are small, quiet and neighborly.

Prices are Low While this is especially true of Yucatan land for sale out along the coast in the small towns and between, it is also true in town, as well as home ready to use. Fixer-upper homes have become a favorite in some of the towns. In all cases, prices are SURPRISINGLY low. The cost of living is also very low, in everything from groceries, to property taxes, from health care to traveling.

Ecological Areas are Available Further to the east along this stretch of beachfront, actually, there are large protected areas, such as Rio Lagartos, which is a large nesting ground for flamingos. Ecological beachfront lots can be found directly within the protected areas, offering the possibility of living a life in close contact with nature, while still living comfortably. If the other areas offer a quiet lifestyle away from it all, these offer it that much more!

Close Access to Airports The north coast of the Yucatan Peninsula has close access to two major international airports Merida (between 30 minutes and 2 hours away) and Cancun (between 1 and 3 hours away.) This makes arrival easy and affordable. Since most real estate attention has been looking southward from Cancun, beachfront lots and homes fairly close to both can be found that are still quiet, undiscovered and affordable.

Close to Modern Services For this same reason, owners can find a full range of modern services close by, including large supermarkets, sports complexes, malls, movie theaters, state-of-the-art hospitals and golf courses. The communities along the beachfront offer the basics, such as groceries, a few stores and banks.

If you have been looking for your own corner of beachfront paradise on the Yucatan Peninsula, consider the northern coast area for a quiet lifestyle and lower prices.

Do Not Spam In Real Estate Marketing

Spam is not what people like. When people get mail that they do not like, they call it obviously JUNK MAIL. Everyone knows and hates junk mail. So when you ask someone what was in the mail and they say junk mail you already know that it was people just sending out advertisements and things you did not ask for.

When it comes to real estate there is also junk mail or what I call SPAM. Way to often I see real estate agents giving me their card or some postcard in the mail with their picture or something on it. The first thing I think of when I get this is “I did not ask for this”.

I often get this one real estate agents stuff in the mail on a consistent basis that I did not even ask for and it becomes really annoying. As I look at his advertising it just makes me think less of him as a business person because he is not following one the unsaid rules:

Only give things to people when they ask for it.

Please as a real estate agent do not go overboard with handing out what I call your advertisements. In other words you do not want to be a commercial on TV where people want to change the channel.

In email marketing, according to the CAN SPAM ACT of 2003, you can have one email that is an advertisement email that people did not ask for or sign up for. However you can not send more after that unless the person asks for more.

The same goes for business in general, however I see way to many real estate agents who are hungry for business and shove their services into many peoples faces. The goal is to have the people come to you not the other way around.

So do not send people who have not asked for your advertising cards, brochures, postcards, etc. People will get highly annoyed if you consistently throw stuff in their face.

You will become a much more effective real estate agent if you are on the good side of people, not the bad side. The best way to do this is to not SPAM them.

Common Commercial Real Estate Contract Contingencies

Just like residential real estate contracts, Dallas commercial real estate contracts have their share of contingencies. In short, contingencies are found in most real estate contracts and are essentially “escape clauses” for both the buyer and the seller.

Each party wants to make sure they are protected in the real estate contract, so real estate contingencies are a common occurrence. They often make the contract much easier to handle for both the buyer and the seller, as it provides them with an opportunity to back out of the contract for a number of reasons.

Although both residential and Dallas commercial real estate contracts both have contingencies, the contingencies themselves are quite a bit different. The following list details some of the common contingencies found in Dallas commercial real estate contracts:

When purchasing a parcel of land for Dallas commercial real estate, the contract may be subject to the approval of the buyers attorney. Because Dallas commercial real estate contracts may be decidedly more in depth than residential real estate contracts, waiting on the approval of your attorney when buying Dallas commercial real estate is quite common. It is also common to have a contingency that is based on a business professionals partner or investor, as it is important to get approval from everyone involved before the contract is finalized.

Many commercial real estate contracts include contingencies that are based on financing approval for the buyer. For tracts of land, this contingency may include approval of a legal survey, if one has not already been done. In addition, a buyer will likely want to include in the purchase agreement some language about obtaining necessary permits and zoning for the commercial property.

When speaking of commercial tracts of land, there may be a contingency with verbiage regarding liens on the property. In particular, the purchase of the land will be contingent on no “environmental cleanup” liens.

It is common to have a contingency based on: the buyer achieving a loan of at least 75 percent of the purchase price of the Dallas commercial real estate property; the buyer being satisfied with the inspectors report; and the buyer being satisfied that the property can be remodeled or renovated to his or her satisfaction. In other words, the buyer will likely include a series of contingencies based on the use of the commercial property and how it can and cannot be used.

The use of a realtor qualified in commercial real estate is crucial, as he or she will be able to guide you when making a commercial real estate transaction. Real estate companies, like VIP Realty, have a plethora of highly qualified and experienced realtors who have extensive experience in dealing with commercial real estate contracts. It is important to never enter into any type of real estate purchase agreement, whether residential or commercial, without advice from a trusted realtor and real estate attorney, as they will be able to best protect your interest in the real estate transaction.

Why Bank Foreclosures For Sale Can Give You Huge Profits

Bank foreclosures for sale are making waves in the market among investors and buyers not only because of the sheer volume of such foreclosures, but also because of the opportunities that it provides them. With the foreclosures market continually being touted as a buyers haven, it is no wonder that many people have become a lot more interested in trying their luck in foreclosure investing.

How Foreclosures Work

Bank foreclosures are properties that the bank has repossessed in order to have a recovery of the money it loaned to a defaulting borrower. When a homeowner is unable to pay his mortgage loans successively, default sets in and the bank would him notice of such default. The purpose of providing notice is primarily to give the borrower a chance to make good and current his loan account. If he does not respond or fails to fulfill his loan obligations, then he could be declared judicially in default and his property be ordered repossessed by the bank, hence, the term bank foreclosures.

Those who know a great opportunity when they see one know that bank foreclosures for sale could be profitable as an investment. One only needs to identify his goal and objectives in buying foreclosures and he could already be on his way to searching and finding his ideal house either for private use or investment. Either way, he could gain huge savings and equity just by buying a foreclosure.

Imagine buying a house at a steeply discounted price and way below its current and actual market value. There are even investors who are able to negotiate with the banks or lenders to further lower the price of the property. It is not uncommon to find a stately mansion being sold for more than half of its original price since the housing bubble burst has spared no one from the crisis. Many upper middle class families who have owned fine homes have also succumbed to the financial crisis, thereby causing the market to be flooded with large and beautiful houses.

With an inventory of attractive bank foreclosures for sale, it is easy to buy a property that will absolutely appreciate within the next few years. In fact, if you are in the foreclosures market as a beginning investor, you can definitely get a good property which you can resell for a large resale profit.

The only thing that you must remember when buying bank foreclosures is to always make sure of their condition. Foreclosures are typically sold ‘as is’ and there is nothing really that you can do to its condition after you have bought it other than pay for its repairs. To avoid such costly mistake, always perform a home inspection to help you ascertain the viability of the house as an investment piece.