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adProperty News For October 2009

     
 
Shortchanged in new york
Source : Financial Chronicle Published On : 2009-10-01 City : Chennai

Imagine the agony of a buyer when the bank's appraiser rules that the apartment the buyer has agreed to pay $750,000 for is worth only $650,000.

The buyer has three options move on, because the low appraisal means the mortgage the bank will give is too small to buy the apartment; scramble to come up with a larger down payment to make up for the smaller loan or use the appraisal to try to renegotiate the price.

Real estate agents, mortgage brokers and appraisers all say that the low ball appraisal has become increasingly common in today's unsettled market.

The problem is even more pronounced when homeowners are hoping to refinance a mortgage or get a home equity loan, because there is no agreed upon sale price as a benchmark, they say....

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4bhk house near rio for $827, 000
Source : Financial Chronicle Published On : 2009-10-01 City : Chennai

This property is 95 miles southwest of Rio de Janeiro. The main house has four bedrooms and three bathrooms there are also several outbuildings.

The master suite has water views and two en suite bathrooms, one with a whirlpool bathtub.

There is a covered outdoor barbecue area with a bar facing the ocean, and a large outdoor dining area and lounge....

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Ireo launches grand arch apartments
Source : Financial Chronicle Published On : 2009-10-01 City : New Delhi

Ireo, the first and the largest foreign direct investment FDI from a private equity PE fund dedicated to the Indian real estate sector and a fully integrated real estate development company has announced the launch of its first signature property Grand Arch in Ireo City in Gurgaon.

The Grand Arch will have a signature 22 storeyed tower called The Arch, four towers with 29 stories each and four mid rise towers, which will house duplex apartments.

The size of the apartments and penthouses will range between 1,375 sq ft and 9,897 sq ft. The Grand Arch will offer 842 apartments and penthouses....

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Staircase romance
Source : Financial Chronicle Published On : 2009-10-01 City : New Delhi

Wrought iron staircases give the impression of being extremely light and are best suited for homes with a space crunch.

These staircases, which allow sunlight to filter through, are unique in providing an ideal, spacious look.

Not only do these stairs provide the luxury of being transported from one floor to the other, they can also serve as focal points for the entrance....

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Swap your old home for a new one at amnora park
Source : Financial Chronicle Published On : 2009-10-01 City : pune

Do you  want to sell your old home and buy a brandnew posh one and upgrade yourself to a new lifestyle no problem.

The transition has just been made hassle free in Pune with a prominent developer launching an out of thebox scheme.

The Easy Home Switch Service" of real estate developer City Corp CCL is just that literally without any catches. ...

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