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What Is Industrial Real Estate?

Industrial real estate is an often-overlooked sector of the real estate market, encompassing manufacturing, production, research and development, storage, and distribution facilities. Despite lacking the glamour of residential or commercial properties, it plays a vital role in the global supply chain by providing the space and infrastructure needed to produce and transport goods and products. Zoning maps designate areas of a city reserved for industrial properties. Industrial real estate is versatile, including buildings and land used for production, manufacturing, assembly, warehousing, research, storage, and distribution. Investing in industrial real estate offers potential appreciation, steady income, tax deductions, access to government incentives, asset diversification, strong cash flow potential, reduced risk, low maintenance costs, and opportunities for new projects on undeveloped sites.

Current trends in industrial real estate demonstrate positive prospects due to high demand, increased e-commerce activity, and new technologies such as automation. For entrepreneurs requiring large amounts of space quickly without lengthy bureaucratic processes, industrial properties offer an interesting opportunity. Overall, industrial real estate is a great opportunity to diversify portfolios with attractive returns and benefits, but it’s important to conduct your own due diligence before committing any capital to make an informed decision.

Benefits Of Investing In Industrial Real Estate Properties

“Industrial real estate offers attractive investment opportunities for those seeking portfolio diversification. With low vacancy rates, the potential for higher rental prices, and minimal tenant turnover, industrial properties present a range of benefits that appeal to investors.

One significant advantage of investing in industrial real estate is the reduced downtime resulting from less frequent tenant turnover, thanks to longer leases. This stability and consistency in rental income provides investors with a reliable source of cash flow over time.

In addition to this benefit, industrial property owners can often command higher rental prices than residential or commercial tenants, thanks to economies of scale. Industrial properties with larger floor plans can be designed to meet businesses’ industry-specific needs, and industries such as e-commerce and logistics often require extensive amounts of space, making them ideal tenants for these types of investments.

Industrial real estate also offers tax advantages and increased value over time due to the economies of scale mentioned earlier. This allows owners and investors to access larger returns over time than with other types of investments or properties. Furthermore, high occupancy levels provide stable cash flow and less risk associated with vacancies, reducing maintenance costs associated with keeping an empty property waiting for new tenants or buyers.

Investing in industrial real estate helps diversify investment portfolios while providing attractive returns. From a range of industries that use industrial spaces to reliable returns despite market trends, industrial real estate is an excellent choice for those looking to make a wise investment.”

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Benefits Of Investing In Industrial Real Estate

Consider investing in industrial real estate for a steady income stream with long term potential for exponential growth. Industrial real estate investments require less maintenance, provide greater tax advantages, have a lower vacancy rate, and offer potential for additional revenue streams through rental or sale of retail components. Investing in industrial real estate can help diversify your portfolio, reduce overall risk, and provide protection against price fluctuations with higher rental yields. Businesses who own their own property may also be eligible for tax benefits that can increase returns on investment over time. Invest in industrial properties for increased liquidity and security of investment over the long term.

Industrial Real Estate In The USA Today

Industrial real estate in the USA presents itself as an attractive investment opportunity for investors looking to diversify their portfolio and generate steady returns. Industrial properties offer some of the best returns among commercial property investments due to longer tenancy periods and lower maintenance costs. Moreover, regulatory tax benefits are associated with owning industrial properties, yielding higher returns.

To evaluate a viable investment opportunity, it is essential to analyze current trends in the sector, including low supply and high demand for industrial properties due to an increasing ecommerce activity, low tenant turnover, growth in some US areas, inventory modernization that is still in its early stages, and continued growth of REITs (real estate investment trusts).

Businesses related to manufacturing, logistics/distribution centers or service providers like waste management companies benefit the most from owning an industrial property. Industrial properties have low maintenance requirements compared to other types of commercial buildings, making them ideal investments both short term and long term.

Despite rising interest rates and inflation, industrial properties seem to be unaffected, making them one of the strongest performing asset classes today with great potential upsides.

Bottom Line

“Industrial real estate is an often-overlooked asset class that offers a variety of potential benefits and returns. Industrial properties provide reduced downtime and higher rental prices, as well as diversification and tax advantages. Savvy investors seeking steady income streams with long-term appreciation potential are increasingly drawn to this investment option. The current trends in industrial real estate show positive growth prospects due to high demand, increased e-commerce activity, and innovative technologies such as automation. Now is the time for those interested in investing in industrial real estate to conduct their own due diligence before committing capital.”

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Understanding The Real Estate Market Cycles

Are you planning to sell your home during the off-season? If so, understanding the real estate market cycles is essential for finding success. In this section, we’ll outline some strategies you can use to make sure your home sells quickly and at a price that works for you.

First, it’s important to have a good understanding of current housing market trends. This will help you determine whether or not now is a good time to sell your home and what type of incentives or other strategies may be necessary in order to attract buyers. Additionally, research the local real estate market so that you can price your home correctly.

Once you have done research on the housing market and determined an appropriate listing price for your home, it’s time to start preparing it for sale. Strategically stage and prepare your house by decluttering, making small repairs if necessary, and adding touches that will make it more attractive to buyers such as fresh paint or new fixtures. You should also consider offering incentives such as closing cost credits or discounts on appliances in order to sweeten the deal for potential buyers.

In addition to staging and preparing your home properly, there are other things you can do in order to leverage technology when marketing your house online. Utilize professional help when possible as well; an experienced real estate agent can provide valuable insights about how best to showcase and promote your property online. Additionally, hold an open house — this gives potential buyers a chance to experience what living in the property would be like firsthand. Lastly, once offers start coming in, be sure to negotiate effectively with buyers, researching comparable properties if needed.

By following these steps, selling during an off-season doesn’t have to feel daunting. With a little preparation, pricing strategy, staging tips, technology-savvy marketing tactics, and negotiating savvy, success is within reach!

Maximizing Your Home’s Visual Appeal

Are you planning to sell your home during the off-season? It might seem like a daunting task, but it’s completely feasible with the right strategies and preparation. Here are some tips to help you maximize your home’s visual appeal, and successfully sell your property during the off-season.

Firstly, invest in professional staging and photography services to showcase the best features of your home. Working with a capable team will ensure that prospective buyers get an accurate view of what your home has to offer. Additionally, research local market trends and current home values to ensure that you price your property correctly. Investing in minor repairs and touch-ups will also help to boost your home’s overall appeal when prospective buyers arrive for showings.

When marketing your property, it’s imperative that you spread your message across multiple platforms, such as online listing sites, newspapers or magazines, flyers, or other print materials, and digital advertising campaigns. Encourage potential buyers to envision themselves living in the space by utilizing neutral decor, and by reducing clutter, so that they can focus on what’s most important: the features of their future home! You may also wish to consider offering incentives, such as covering closing costs, or providing discounts, as this could sway their decision in your favour.

By researching current market trends, pricing your home correctly, preparing it well for showings, and investing time into marketing efforts, you’ll be well on your way towards making a successful sale even during those tricky off-season months!

Knowing When To List Your Property

Selling your home can be a stressful process, especially if you’re trying to do it during the off-season. Knowing when to list your property is an important part of the process and requires understanding the local housing market and seasonality. It’s also important to set realistic expectations in terms of pricing, timing, and marketing.

First, familiarize yourself with the local housing market so you know when prices are likely to peak or drop. Typically, spring and summer are the best time of year for selling a home, but off-season sales are still possible and even wise. The National Association of Realtors recommends listing in mid-April, with May, June, and July being the best months for faster sales due to greater demand from buyers looking for new homes before school starts up again in August or September.

Before listing your home for sale, prepare it by making necessary repairs and cleaning it thoroughly inside and out. Utilizing technology such as virtual tours can also help potential buyers get a better sense of your property without having strangers tour it in person. Additionally, consider using pricing strategies such as offering incentives or discounts if they buy during off-peak hours or days like weekends or evenings.

Finally, aggressively market your home both online through platforms such as Zillow or Trulia and through traditional means such as newspaper ads or flyers placed around town. This will help ensure more people know about your home’s availability, resulting in more offers coming through quickly. When considering offers from buyers, keep in mind that selling a home during holidays is possible. With less competition, there may be fewer offers overall but those that come through could end up being higher than expected.

Best Practices For Selling Your Home During The Off-Season

Selling your home during the off-season can be daunting, but it doesn’t have to be. In this article, we’ll discuss best practices for selling your home during the off-season. We’ll cover understanding the best market times to sell your home, determining if selling during the off-season is right for you, benefits of selling in the off-season, and ways to prepare your home for sale.

Before marketing and preparing your home for sale, research and understand what time of year is most advantageous for selling in your area. Talk with local real estate agents about current trends in pricing and inventory levels, look at historical data, find out when other similar homes are on the market, and identify which months tend to see more buyers interested in purchasing a new property.

Consider whether or not now is a good time personally to list your house after researching current market conditions and trends. Factors such as job changes or other life events may affect when it makes sense financially or emotionally to move forward with a sale.

Prepare your house by making any necessary repairs or updates before listing. Staging can help potential buyers envision themselves living there, so make sure furniture placement is optimized, declutter surfaces and closets, and make everything look spacious and inviting. Hiring a real estate agent can give you an edge in facilitating negotiations with potential buyers and providing invaluable advice from their experience navigating local markets successfully.

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When pricing your property, set realistic expectations up front to avoid headaches later. Do comparative analysis using sites like Zillow and Trulia before deciding on final numbers. Offering incentives such as closing cost credits can sweeten the deal enough to convince buyers to sign, especially if there isn’t much competition due to a seasonal lull.

Selling during an off-season may not be ideal, but with smart strategy and preparation, success is still possible. Researching local markets, understanding current conditions, and getting creative with marketing strategies could lead to a happy ending for everyone involved.

To Conclude

Selling your home during the off-season is a process that requires some planning and preparation. To ensure a successful sale, one must understand the real estate market cycles, maximize the home’s visual appeal, and know when to list the property. Researching current housing market trends, pricing the home correctly, staging it well for showings, utilizing technology when marketing it online, and negotiating effectively with buyers are also crucial steps to securing the best outcome possible. With the right strategy and preparation, you can make selling during an off-season feel less daunting. Take these steps today to increase your chances of success!

The post Selling Your Home During The Off-Season-Strategies For Success appeared first on Baltimore News Journal.

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Why Is A Home Inspection Important?

A home inspection is a crucial aspect of the property buying process that can grant valuable peace of mind to both buyers and sellers. For buyers, it’s a necessary measure to identify expensive potential problems that require attention. Inspections alert buyers to safety hazards and other red flags that may affect the overall value of the home. A trained professional can provide unbiased advice, which can assist with purchasing negotiations.

An inspection can detect pricey repairs that need prioritizing and alert buyers of any necessary improvements needed. Moreover, it’s an affordable way to assess costly repairs and mistakes before purchase, making it a financially sound investment. Furthermore, inspections can identify critical factors regarding safety and building integrity, which are essential in real estate investments. Consequently, a thorough inspection report can be used as leverage during real estate negotiations, providing peace of mind for both parties.

In conclusion, having a home inspection done before buying a property is an essential step in real estate transactions. A proper assessment ensures that buyers know the condition of the home they are purchasing and its overall value, preventing them from getting more than they bargained for.

What Does A Home Inspector Look For?

Buying a home is an exciting and often complicated process. One of the most important steps in this process is getting a home inspection. A home inspection evaluates the structural integrity of a home, checks for water damage contact an Ocala roofing company, pest infestations, and electrical issues. Inspectors also verify appliances included with the home are working correctly. The purpose of this evaluation is to identify potential problems in the future that could end up costing you more money than anticipated.

Getting a professional opinion on the condition of your new home is essential for many reasons. Home inspectors can detect safety hazards that would otherwise go unnoticed by buyers, such as faulty wiring or uncovered outlets. Beyond safety concerns, they can also help you identify how much additional effort or money you may have to spend to improve various aspects of your new abode. The report will show you ways to protect your investment if any repairs or upgrades are needed down the line.

A certified professional will inspect every inch of your house looking for potential issues that most buyers won’t consider or see themselves, such as improper insulation, or roof damage which can become costly if not addressed sooner rather than later. This evaluation provides a licensed, neutral third party to review what may turn out to be one of the biggest purchase decisions you ever make. Furthermore, it can be used as a contingency in the contract with the seller. If major problems arise from the inspection, then the buyer has the option not to move forward with the purchase.

In summary, getting an unbiased opinion from an experienced inspector is a vital part of the buying process. The buyer knows exactly what they’re getting into before signing on the dotted line.

Identifying Property Defects That Could Be Costly

When purchasing a property, it’s important to understand the condition of the structure and its systems, and a home inspection can help you achieve just that. Such an inspection is an objective assessment of the condition of a property, providing an in-depth look at its overall health and safety. Home inspections are invaluable for those considering buying real estate since they provide a comprehensive view of the property’s condition before you commit to it.

There are several reasons why it’s important to do a home inspection before purchasing a property. Firstly, it helps you identify potential problems that could be costly if left unchecked, from minor defects like cracked windows or water damage to major issues such as structural instability or faulty wiring. Additionally, an impartial, trained professional can identify areas of potential concern that you may not have noticed while walking through the house prior to purchase.

During a home inspection, inspectors will look for various types of defects, such as signs of water damage or mold growth, cracks in walls, broken or missing tiles, malfunctioning plumbing fixtures, outdated electrical wiring, and much more. They will also inspect all parts of the structure and its systems, including roofing material, insulation levels, heating/cooling systems, ventilation ductwork, sewage lines and septic tanks (if applicable), and fireplaces and chimneys (if present), depending on what type of residence you’re inspecting, such as a condo, townhouse or single-family dwelling, and local building codes requirements.

Understanding local building codes can also help prevent major structural issues during renovation projects down the line, as contractors must adhere strictly to these standards when creating new structures from scratch or remodeling existing ones, with any additions made thereafter needing approval from relevant governing bodies first, before any work begins on-site or is completed thereafter upon being signed off by them too at completion, once all works undertaken meets their requirements both aesthetically and technically, according to their set criteria within said parameters outlined accordingly afterward.

In addition to helping identify potential defects in homes prior to purchase, home inspections also provide valuable information about maintenance tasks that need attention now and over time, so buyers can plan ahead for future repairs and replacements needed down the road, and arrange appropriate budgeting allocations accordingly beforehand, if necessary, given individual circumstances.

Finally, having an inspector assess your prospective new home gives you leverage when negotiating with sellers since any findings discovered can be used as part of your contingency clause when signing off on sales contracts between buyer(s) and seller(s) alike eventually, following closely after everything else has been taken care of successfully, without any hitches per se, too eventually, finally, soon enough anyway. Being aware makes all parties involved better prepared for tackling any repairs that may need attention before closing out deals between each other, which would otherwise remain unknown until after legal documents have been signed eventually at some point later on down the line sooner rather than later, hopefully, yes!

How Much Do Home Inspections Cost?

Buying a home is an exciting time and one of the most important investments you will make. However, before you commit, it is essential to have a home inspection. Home inspections are an inexpensive way to discover the condition of a real estate property prior to purchase. In this section, we will discuss the purpose and importance of having a home inspection, what is included in a home inspection, the cost and time required for a home inspection, how to prepare for one and who should conduct it.

The purpose of having a home inspection is to identify any major repairs needed that may not be visible or evident upon initial viewing. This helps avoid costly mistakes down the road by discovering any issues with the exterior, interior, roof, foundation, or other components of your new property. It also provides peace of mind that you are making an informed decision about your purchase.

Generally speaking, most home inspections occur within 10 days after signing the contract on your new house. During this process, it’s important to stay involved; ask questions and understand what is being included in your specific report so that there are no surprises later on down the line when completing repairs that were not initially identified during the initial viewing or negotiations with sellers/agents prior to signing contracts.

A typical basic home inspection includes checking systems such as electrical wiring, plumbing fixtures/piping systems, as well as heating/cooling systems, including air conditioning units if applicable depending upon the location (the list can vary). It also includes visual checking for evidence of pests such as termites or other wood-destroying organisms, which can cause significant damage if left unchecked over time. These areas should be thoroughly inspected by experienced professionals during each visit when possible! The cost for these types of inspections typically ranges from $200-$500 USD depending upon size/location but can be negotiated upfront between buyers & agents involved in the transaction so make sure all parties agree on pricing before scheduling any visits!

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When preparing for a home inspection, remember that it takes about two hours per 1000 square feet so plan accordingly when scheduling appointments with inspectors – they need ample time to explore all areas thoroughly! Lastly, remember who should conduct this type of examination – always hire licensed professionals who specialize in residential real estate evaluations & have experience conducting examinations like these; they will provide invaluable insight into potential issues within the structure itself, which could save thousands down the road due to unexpected repairs needed post-purchase!

In conclusion, while buying a house is exciting, don’t forget about having proper inspections done beforehand – they’re an inexpensive way to discover any potential issues within the structure itself before committing financially long-term and help avoid costly mistakes by identifying major repair needs early on during the process!

To Sum Things Up

“A home inspection is an invaluable part of the real estate buying process. It helps identify potential issues that could be costly if left unchecked, provides peace of mind for both buyers and sellers, detects safety hazards and other red flags that may affect the overall value of the home, alerts buyers to necessary improvements needed to protect their investment, and is an affordable way to assess costly repairs and mistakes before purchase, making it a financially sound investment.”

The post The Importance Of Home Inspections-What You Need To Know appeared first on Baltimore News Journal.

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The Basics Of Getting A Mortgage

Buying a home is an exciting milestone, but it can also be overwhelming. It’s important to understand the mortgage process and have a good grasp on all the steps involved. This step-by-step guide will help you navigate the basics of getting a mortgage, from understanding different types of mortgages to preparing for closing day.

One of the first steps in getting a mortgage is to understand the different types of mortgages available, such as fixed-rate or adjustable-rate mortgages. Using online calculators can also help you understand what type of loan and monthly payment fits best within your budget. Additionally, it’s important to get pre-approved for a loan before shopping for homes so that you know how much you are approved for and what kind of properties are in your price range.

When it comes time to apply for your mortgage loan, there will likely be paperwork involved, such as income verification documents and tax returns that need to be submitted, along with other requirements like credit checks and appraisals. After this process is complete, you should receive either a conditional commitment or written loan approval, which outlines the terms offered by lenders.

Before closing day arrives, it’s important to research closing costs associated with your loan, such as title registration fees or homeowner insurance premiums, so that there aren’t any surprises at signing time. Additionally, review all documents carefully during pre-closing reviews, including the truth in lending statement, which outlines key details about your loan agreement, like interest rates and taxes due each month on top of principal payments being made towards paying off your mortgage balance over time (this information should remain consistent throughout the entire term).

On closing day, expect to sign several documents related specifically towards finalizing the purchase agreement, including deed transfer paperwork, as well as final statements outlining the total amount due at signing (if any). After signing these agreements, homeowners must obtain homeowners’ insurance policy before their lender will begin making regular payments each month towards their principal balance on their behalf – this way, they are protecting their investment against potential damage caused by weather events or other unforeseen circumstances while living at the residence during the course of ownership! Finally, make sure that the rights and responsibilities associated with being a homeowner are understood clearly before moving forward – this includes knowing the applicable laws related to protecting tenants/landlords’ rights when renting out a property if applicable; keeping up maintenance/upgrades over the years ahead; understanding local codes regarding building renovations, etc.… Ultimately, having knowledge about these topics will ensure a smooth transition into a new role!

The Mortgage Application Process

The mortgage application process can be daunting, but with the right guidance and preparation, you can make it a smooth experience. Whether you’re a first-time homebuyer or an experienced real estate investor, understanding the basics of mortgages and how to apply is key to getting the best loan for your needs. Here is a step-by-step guide to successfully navigating the mortgage application process:

1. Get familiar with all of the required documents and paperwork for a mortgage loan.

2. Understand the loan programs available to determine the best one for your financial goals.

3. Research and compare rates and terms from different lenders.

4. Consider potential risks involved in taking out a mortgage loan.

5. Create a budget that takes into consideration monthly payments and other expenses associated with potential mortgages.

6. Gather necessary documents ahead of time.

7. Calculate closing costs and other fees upfront.

8. Work closely with trusted advisors throughout the process.

9. Understand your credit history and score.

10. Get pre-approved before applying to a specific program.

11. Check interest rates and compare different offers.

12. Lock in the rate applicable to the chosen offer and negotiate terms prior to submitting an official package.

13. Close the home loan after everything has been finalized and signed off upon by both parties.

Closing On Your Home Purchase

Are you searching to purchase a new home? If so, understanding the mortgage process is vital to ensure your transaction goes smoothly. This step-by-step guide will lead you through the mortgage process from application to closing.

Let’s start with what documents and information are required to submit an application. Before applying for a loan, ensure you have proof of income, such as pay stubs or tax returns; bank statements; proof of assets such as savings accounts and investments; credit score; and other necessary financial documentation required by your lender.

After gathering all necessary paperwork, it’s time to get pre-approved for a mortgage. Once you receive your pre-approval letter from the lender, start hunting for homes within your price range and track all potential properties that interest you. Finally, once you find one that meets all of your necessities, submit an offer!

Next comes loan processing, underwriting, and closing costs involved with purchasing a home. During this stage of the process, specific documents must be signed before closing on your new home purchase – make sure to review them closely before signing on any dotted lines! Additionally, comprehend all key terms associated with the mortgage process to ensure that everything is understood appropriately before closing day. It is also essential at this stage of the game to stay informed about any changes in the housing market or interest rates which could affect how much money is being borrowed or paid back each month after loan approval/closing day has passed.

Finally, once all documents have been signed during closing day – what happens next? Immediately after closing on purchasing a home, there may still be some tasks left unfinished such as scheduling utility services transfer requests or homeowners insurance setup – but overall, it’s crucial at this stage in the game to look ahead when budgeting monthly expenses now that payments on mortgages will begin shortly afterward. Remember, patience is key throughout the entire real estate buying process!

Learn How Closing Costs And Interest Rates Affect The Mortgage Process

Buying a home is both an exciting and daunting process that requires careful consideration. Understanding the various factors surrounding obtaining a mortgage is essential in acquiring the best deal and finding a loan best suited to your needs. This guide will assist you through every step of the process, from comprehending closing costs and interest rates to researching various loan products and obtaining pre-approval.

To begin, it is crucial to comprehend the differences between fixed and adjustable rate mortgages, so you can make an informed decision on which is best for your situation. Fixed rate mortgages offer a consistent interest rate throughout their term, while adjustable rate mortgages have variable rates that fluctuate over time based on market conditions.

It is also important to keep in mind the closing costs associated with obtaining any type of loan, including origination fees, appraisal fees, title insurance fees, and other expenses. Understanding the costs beforehand will help you budget for them appropriately. Additionally, researching current market interest rates will help you anticipate any future repayment changes.

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Once you have a solid grasp of mortgage loans and interest rates, review specific loan products available in your area, along with their advantages or disadvantages. Understanding if they offer lower down payments or longer repayment terms can help inform your decision. Calculating potential monthly payments, as well as the long-term savings associated with each product, will enable you to determine which option fits your budget best.

Lastly, once these steps are complete, it is time to obtain pre-approval from lenders. Pre-approval provides insight into how much house you can afford by letting you know exactly how much a lender is willing to lend you. Armed with this information, you can then search for a house within your price range, choose the right lender, provide required documents, such as proof of income or credit score, submit a mortgage application, pay the closing costs (if any), make down payments (if any), and ultimately purchase your home. Following these steps is a sure way to succeed in the mortgage process!

To Summarize

In conclusion, understanding the mortgage process is essential for a successful home purchase. This guide explains the basics of getting a mortgage, the application process, and how to close on your home purchase. It is important to understand the different types of mortgages available and to get pre-approved before shopping for homes. Additionally, it’s important to be aware of the closing costs associated with your loan and all documents related specifically to finalizing the purchase agreement. Finally, make sure that you understand all the rights and responsibilities associated with being a homeowner before moving forward. Now that you have read this guide, you are better prepared to make an educated decision when it comes time to buy a home. Take action now by researching different options available for mortgages and exploring online calculators so that you can narrow down what type of loan fits best within your budget!

The post Understanding The Mortgage Process-A Step-By-Step Guide appeared first on Baltimore News Journal.

This is not a trend Yousef Al Shelash could have ever predicted. “Fifteen years ago, you wouldn’t see any Saudi national living in an apartment,” he explains. “Now it has become an acceptable way of living, and the big trend is moving into living in apartments.” 

Sheikh Yousef Al Shelash on the Impact of Introducing Home Loans to the Middle East

As chairman of Dar Al Arkan, the largest real estate developer in Saudi Arabia, and chairman of the Saudi Home Loans company, Al Shelash can offer a complete solution for aspiring homeowners. Dar Al Arkan builds the apartments or villas, and Saudi Home Loans provides the financing. Back in 2007, when Saudi Home Loans began, personal mortgages were a foreign concept, and home financing was not yet established in Saudi Arabia. 

The lack of regulations was the biggest challenge for Al Shelash while establishing mortgages in the Middle East. According to Yousef Al Shelash, the company “evolved with the evolution of regulation.” For example, he says, “When Saudi Home Loans started out, people did not understand how they could take out a loan for 15 years or even 25 years. At that time, the full mortgage loan was not yet established.” 

Today, the region has a fully developed mortgage market. And since being established and embraced, home loans and mortgages have helped with urbanization as they allowed people living in the suburbs, who could not traditionally afford to consider purchasing property in the city, to move to more urban areas. “There are also refinancing companies that belong to the government who are also buying mortgages to continue providing liquidity to the market, but this was not there when they started. So they needed to evolve with regulation and convince so many banking institutions to provide funding for these mortgages,” says Al Shelash. “Convincing the World Bank to be part of that organization was a huge step because once so many of the banking institutions saw the International Finance Corporation of the World Bank getting involved in that project, this gave a lot of trust to so many of the banking institutions. So one of the first funding came from the World Bank from the IFC. Then the other banking institutions followed.”

Architectural Changes Across the Middle East

In recent years, Saudi residents have been softening their living spaces. They’re adding entryway lighting, spacious patios or lounges, swimming pools, and gardens, and also refinishing exterior walls in limestone. All of the work adds personality and curb appeal to the houses, which have traditionally been beige boxes with minimal windows. “This is one trend in the middle sector of the economy,” says Al Shelash. “The main cities of Saudi are looking more and more alive.”

Al Shelash says the trend has a lot to do with the opening up of the markets “in terms of becoming more open to the external world, and more open of mixing between men and women — and opening up of so many of the restrictions that were before — allowed more and more people to live in apartments. The number of fences around houses has been reduced, which is really adding a different flair to the city because now you see the city as more alive.”

Property Development Company Dar Al Arkan Is Reimagining City Life

That change helped make it possible for Dar Al Arkan to develop the Shams Ar Riyadh, a sprawling 5 million square meter mixed-use project in the capital of Saudi Arabia. The city-within-a-city is “one of the many developments that Dar Al Arkan created over the years as a community,” explains Yousef Al Shelash. “The company has developed many communities, but [with] Shams Ar Riyadh, it had the option of developing some of the most luxurious villas, with interiors designed by Roberto Cavalli, Versace, and Elie Saab.” That’s primarily due to the proximity to the city’s center. 

According to the company, the Shams Ar Riyadh is “a tranquil getaway in the middle of the bustling city. The perfect location to get the perfect balance between affluence and relaxation.” It’s also a perfect community in which families can thrive. Dar Al Arkan stated, “From mixed-use space to residential and commercial spaces, Shams Ar Riyadh is fully equipped with vibrant retail centers, multicuisine restaurants, walkways centered around lush green landscapes, children’s play areas, and added facilities such as schools, clinics, government offices, and mosques, [which] make this an exceptional community that grants you a hassle-free, convenient and modern life.”

While apartments are increasingly popular, co-branded villas are still very much in demand. Yousef Al Shelash does take great pride in the fact that the Shams Ar Riyadh features the first-ever villas to have interiors created by Italian fashion designers Roberto Cavalli and Versace. These are also the first fully automated homes in the Kingdom of Saudi in order to offer a more efficient and sustainable lifestyle. There are only 12 villas in the Versace collection. Each of the floor-to-ceiling windows in the smart home offer panoramic views of Wadi Hanifa, a stunning valley. 

 “No luxury has been spared in the homes that bear the signature of the Italian fashion maestro,” the company stated about the Cavalli villas. “Floor-to-ceiling glass walls allow the natural light to flood into every space while highlighting the captivating views beyond. Features include lighting that detects real-time occupancy, motion sensors, and smart kitchen appliances. Security includes video entry with voice recognition and smart door locks while energy consumption is measured by interactive digital metering.”

The post Sheikh Youssef Al Shelash: People Are Moving From Villas to Apartments appeared first on Baltimore News Journal.

There’s also the situations that may arise when higher profile clients treat realtors with disrespect or down-right unprofessionally. As someone in the real estate business,it’s in your best interest to understand this unfortunate phenomenon.

What is Sexual Harassment

Sexual harassment is classified as any unwanted, nonconsesual, or unsolicited comments, gestures, facial expressions, or touching. It’s also any acts of discrimination based on sex, gender, or gender-identity. It can be a demand for a sexual favor or pressuring someone for a date. In short, sexual harassment is any unwelcome sexual actions that is offensive to someone.

Real Estate Sexual Harassment Training 

California law requires that all real estate employees participate in anti sexual harassment and anti discrimination training. This includes at least two hours of education on abusive conduct, sexual harassment, and discrimination. Real estate companies must also post these training programs in their office buildings and their websites. 

Clients Can Be Victims Too

There is the potential for sexual predators to find their way into every aspect of daily life. This can include the real estate business. In California, sexual offenders are forbidden from living close to schools, playgrounds and parks, however they are still able to work as licensed professionals such as real estate agents and property managers. 

Why Sexual Harassment Cases Go Unreported

Oftentimes, real estate agencies will either ignore complaints of sexual harassment or sweep it under the rug to prevent the stigma of abuse from being attached to their business. If word gets out, a business could be ruined. The victim is often afraid to lose their job with the company, and will keep quiet in order to stay employed or not be seen as a troublemaker in their industry.

What To Do If You’re A Victim of Sexual Harassment

The first thing you should always do is to get to a place where you feel safe from any further harm. If you find yourself in a situation, don’t hesitate to call emergency authorities. Once you’re safe, report the incident to the police so you have a record that can be used to build your case.

Reporting to the proper authorities will prevent the same thing from happening to someone else in the future. Next, you’ll want to seek professional legal help from an attorney that specializes in sexual harassment case, like Jeremy Pasternak, San Franciso sexual harassment attorney.

Studies show that less than 40% of sexual harassment or abuse cases within the real estate business are reported to the proper authorities. Although reporting the incident to the company is important, this often leaves management to sweep the case under the rug. Having proper representation makes a case more credible and can seriously deter future abuse and harassment. 

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