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Real Estate and The Internet

Categories: Finance | July 15th, 2008 | by admin | no comments

This article is an introduction on how the Internet has changed real estate investment.

As it has with almost every business, the growth of the Internet has significantly changed the landscape of property investment.

Many of the traditional requirements still apply, but buying and selling property has been made vastly easier and less costly with the emergence of thousands of sites devoted to Real Estate.

Finding properties is easier than ever, as is finding out more information about them. Not too many years ago finding properties outside a local area required poring over out-of-town newspapers or specialized publications that were expensive and hard to find. Finding information on them often meant relying on local agents’ ability to describe them or taking a lengthy, expensive trip.

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Commercial Real Estate Financing For Beginners

Categories: Business | February 26th, 2008 | by admin | no comments

Securing commercial real estate financing can be a difficult task if you’re not familiar with the field. First, let’s distinguish between residential and commercial. Residential properties are solely for housing people. The location can have up to four units. Five or more units, and just about anything not intended for habitation, qualifies as commercial.

With that clear, let’s discuss the actual financing. Acquiring money, and how much you are allowed to borrow, is affected by a number of factors.

When analyzing an investment plan, lenders consider the following:

* The borrower’s credit rating

* The net income of the venture

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Hungary For The Suburbs

Categories: Business | November 30th, 2007 | by admin | no comments

Three years on from becoming a member of the EU, Hungary shows all the signs of a marketplace that has grown up, matured, learned from its mistakes and is progressing towards becoming a fully-fledged member of Europe.

The country has pursued decidedly reformist policies since the early 1990s and has been rewarded for it with consistently above-average rates of economic growth and a relatively high standard of living compared to other Eastern European countries. The regeneration of the city has taken form over the last few years as the last vestiges of Soviet-era tower block architecture are being smartened up for the discerning international clientèle which now flock into Budapest.
Almost two-thirds of Hungary’s economic activity is concentrated in Budapest, which has kept the market here thriving, and continually attracts millions of tourists every year, who regularly rate the capital among such vaunted company as Paris and Vienna.

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