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Monday, March 16, 2009

5 Important Steps Before Selling Home

1)Motivation for Selling
First of all, you need to know your purposes for selling your home. The reason you bought it was for investment ? or for long term residential purpose? Some people pay hard for their house installments for years and sell it because of emotion impulse.Discuss this issue with your partner  and think thoroughly before making any wrong decision.

2)Buying a New Home
Most of the people who plan to sell their homes also plan to get a new home too.So,do prepare the listings of new homes and do some research on neighbours and types of new homes you want to be residenting.If you are into investment,Check the location of the new home and future development plan in that area.

3)Call Real Estate Agents
Interview and talk to at least 2-3 neighborhood specialists and real estate agents.Selecting the right capable agent is as important as selecting a quality new home.Talk to the agent to understand the plans and strategies they are going to implement in marketing your home.

a)Home Sale Preparation
Get advices from people who sold their homes before.Move the furnitures out.

Rapairs the basic maintenance issues.Do not save money on that which may cause you loosing a deal.

c)Home Staging
By staging your house,you will probably get more.Request assitance from agents and proffesionals.

d)Home Pricing
Do not select an agent based on suggested sales price. Some will overbid each other to get the listing but do not overprice. Remember taht overpriced homes often sell for less than the market value.

e)Net Profits from Selling
I always prepare two net sheets for sellers, each with a low price and a high price. This way, sellers can be prepared for the worst and hope for the best. If the lowest net price will let you buy the home you want, it's time to find financing.

4)Get A Lender
Check with existing lender how much existing need to pay off.Next,steps you need to do are order a beneficiary statement,check out new financing offers from your own lending institutions and credit unions,ask for a Good Faith Estimate (GFE),compare rates and fees,ask for referrals to mortgage brokers from agents. Often, mortgage brokers have more flexibility to discount rates and are more competitive.

a)Get a loan preapproval letter to check how much mortgage you are qualified to borrow.
b)Its is advisible to apply for lower mortgage for easier payment for the long run.
c)Compare the types of mortgage,select wisely.

5)Sell Before Buying
It's always more profitable to sell before buying a new home.Don't just search a new home through Real estate portals in the internet.Making decision by just viewing pictures and videos on new home is not sufficient.Visit the the place personally to have a clearer and more realistic and vivid look.

Thursday, March 5, 2009

Lists of Dubai Future Projects

There are more projects to come in future.I just views some of the concept pictures of the buildings.they are futuristic,sophiscated and  spectacular in design and sturcture.There projects that will be run are

Dubai City Tower,Dubai Death Star,Dubai Ski Dome,Dubai Mall,Dubai Arch Bridge,Dubai Towers,Dubai Promenade,Dubai Opera House,Dubai Hub One,Dubai Renaissance,Dubai Grand Pyramid,Trump International Hotel & Tower,Hydropolis,The Palm Tower,Porsche Towers,The Cloud,Dancing Towers,0-14 tower,ETA Hotel,Arabian Blade,The Wave Tower,The Pixel Tower,the infinity tower,Al Sharq Tower,The Lighthouse,Tiara United,Al Burj,Space Science World,Stellar Tower,Pal Jebel ali,The Apeirin Hotel,The Empire Tower,P-17,Synergy,Vision Tower,Lam Tara Towers,Golden Dome,Atrium City Towers,Burj Al Alam,Meydan Godolphin River City,RTA Headquarters,Nakheel Tower

Wednesday, March 4, 2009

Burj Dubai Construction Progress and Timeline

Click on the picture to enlarge

September 2004: Contractors from Emaar begin the construction of the future world tallest building.

February 2007: Surpasses the Sears Tower with height of 500m.

May 2007: Surpasses the 449.2 m (1,474 ft) to which concrete was pumped during the construction of Taipei 101.

July 2007: Surpasses Taipei 101, with height of 509.2 m (1,671 ft).

August 2007: Surpasses Sears Tower antenna, with height of 527.3 m (1,730 ft).

September 2007: Surpasses Ostankino Tower Moscow with height of 540 m (1,772 ft) .

September 2007: Surpasses CN Towe in Toronto with height of 555.3 m (1,822 ft).

April 2008: Surpasses the KVLY-TV Mast with height of At 629 m (2,064 ft).

June 2008: Burj Dubai's height is now over 636 m (2,087 ft) being announced by Emmar properties.

September 2008: Surpasses the previous record-holder- of world tallest building the Warsaw Radio Mast in Konstantynów with height of 688 m (2,257 ft) , Poland.

January 2009: Current height of 818 m (2,684 ft).

The final height is still a clue as Emaar did not announce about it but it's confirmed that the Burj Dubai tallest man made tower will open on the 9 sept 2009 coincidence with the launch of Dubai Metro.
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