Experienced property lawyers for Appraisal Transaction

H.S. Passport, an Internet e-mail only product, will also be offered to the 7,500 real estate agents in the East Bay at an annual fee of r $40. Home Seekers meets the needs of both the real estate community and the home buying public by providing up to date information about homes  Sydney Property valuation Solution provides a real estate property’s current Market Price Estimate from www.valsnsw.com.au for sale that is accessible from either the Internet or through a local phone call

Fashioned as a property ad Internet Web page, the site boasts 322,000 properties for sale and it receives an estimated 9 million hits a month, according to RIN chairman Bill Chee. Such traffic would make it one of the most well traveled Web sites on the Internet and it ranks in the top five in the number of home listings.

Owned by the National Association of Realtors, RIN is a major technology venture that promises to link Realtors through a computerized network and to expose consumers to home listings through Realtor.com on the World Wide Web. Though it was announced last month that RIN was out of money, the Realtor.com web page is still active.

An easy to use search engine combined with a brand name gives the site credibility and could give NAR muscle on the World Wide Web.

Though the word “Realtor” isn’t technically a consumer brand, the term is probably the most recognized connection people make to professional services associated with property sales.

For now, NAR must figure out how to further position that brand credibility on the Web. And the future of the Web site, for now, depends on what unfolds with the RIN debacle.

In a memo sent out to NAR directors yesterday describing the uncertain future of RIN, Cheep wrote that the Web site shows “strong interest” among consumers.

Acting RIN president Bud Smith said, “We have already seen opportunities which could make the Web site more inclusive and more valuable to Realtors and to the public….the challenge is whether we can reposition” the entire technology service.

The contest, which started in February and finished June 30, recognized the most creative web sites created by small businesses using any of the Internet Assistants for Microsoft Office. The Rockwell Institute web site has pages on careers in real estate, license training, a monthly real estate newspaper, continuing education for real estate brokers and agents, and agent recruitment.

Calculation Of The Whole Property – Appraisal Report

British retail outfit Tesco Plc plans to acquire a 100-per-cent stake in Tesco Lotus Sansiri Plc is turning from built-to-order houses to constructing pre-built properties, and will invest up to Bt13 billion for six detached-house projects and two condominium projects this year.

It has recorded pre-sale income of Bt9.2 billion for the first half of its current year. The first pre-built homes on Sansiri’s new detached-house projects – where construction started last year – will go on the market this quarter.

Demand for housing has continued to grow because of low interest rates and the company has chosen to construct new projects in prime locations that suit the customers’ desires,” Srettha said. Meanwhile, luxury condominium development has remained in high demand, especially in prime locations close to mass transportation and access to the central business district, such as Sukhumvit, Sathorn and Silom Real Estate Valuations For making your process successfully, the work of property valuer gets difficult and he have to think in the direction of only profit and work in that direction to get the profit.

It is in negotiations to buy land for two new condominium projects it hopes to launch in the second half of this year. Srettha declined to reveal the locations before land purchases are completed. The company’s investment funds will come from its cash flow and loans from commercial banks. The central bank has moved recently to prevent overheating, with regulations such as a requirement that lenders extend no more than 70% of the value of houses priced above 10 million baht. The central bank suggests 10 items for an industry database: housing prices, land prices, housing demand, pre-built houses, housing completions, houses and land values, real estate credit, commercial building prices and total construction costs.

At its peak, the property sector accounted for 10.3% of gross domestic product in 1994. Last year, it accounted for 6.6% of all employment in the country or 4.1 million jobs. Today, economists and analysts cannot tell whether the SET index or the real estate business will reach the bubble point because the value of assets would be determined in the future,” she said. A bubble bursts at the point where the price of asset is higher than the fundamental factors.

Commercial property valuation organization embraces different methods

Such an event could happen in any industry but should not pull down other industries with it. Khan Prachuabmoh, president of the Government Housing by March, with 200 million baht in funding.

Both holders and buyers are occasionally instructed that swimming pools are taken to check while doing a property valuation It would be open for public inquiries by year-end. The centre will carry seven databases with information on residential units, offices, shopping malls.

Hotels and resorts, factories and industrial land, golf courses and land banks. Real estate developers believe the market will grow by 10% this year to between 50,000 and 55,000 units sold.

They agreed that low interest rates would be a major factor supporting sales, even if rates rose by 0.25 or 0.5 percentage points by the third quarter as many anticipate. Townhouses priced at one to three million baht are likely to take 20-25% of the market and condominiums the rest. Wanna Tantikasem, president of the Thai Condominium Association, said 10,000 new condo units were built last year, far from the saturation level of around 40,000 seen before the crisis.

But the world’s third-largest retailer, with an investment of US$1 billion (Bt39 billion) in 55 Thai outlets. Now plans to increase its stake in Tesco Lotus to 100 per cent. Sunthorn said CP is responsible for supplying goods while Tesco handles management. “We are good commercial partners,” he said. Darren Blackhurst, senior executive vice president for commercial trading at Tesco Lotus, declined to give any details of the plan.

“We want to focus on our experience as a supplier,” said Sunthorn, who added that Tesco would allow it to buy back its stake at any time. Sunthorn said Tesco Lotus planned to add five more superstores this year to increase the number to 60 stores. Tesco Lotus achieved Bt60 billion in revenue last year, with an average annual growth of 10 per cent. Despite the bird-flu outbreak, Tesco continues to export cooked frozen chickens to Britain from Charoen Pokphand Foods Plc. The product accounts for 95 per cent of Tesco’s total chicken exports from CPF.

Noble Thailand’s headline inflation rate as measured by the Consumer Price Index (CPI) was 1.2% year-on-year in January, against 1.8% in December and 2.2% in January 2003, the Commerce Ministry said yesterday.

Importance Of Property Valuation Reports

Mr Karun said inflation for the year was expected to range between 2% and 2.5% compared with 1.8% last year. Bangkok Bank will cut its floating interest charges for home mortgage customers, with rates cut by one percentage point to minimum lending rates, or 5.75%.

The Bualuang Eua-arthorn offer will be made automatically to all qualifying customers with good repayment records and currently on floating-rate mortgages. Central Pattana Plc (CPN), the country’s largest retail property developer, says its plans to invest five billion in retailing infrastructure this year are on course regardless of the economic uncertainty created by the avian flu outbreak. President Kobchai Chirathivat said three billion baht would be spent on internal and external renovations at Central World Plaza and 1.5 billion baht on a new project in Khon Kaen.

Another 500 million baht will be spent on upgrading Central Town Centre (formerly Jusco Rattanathibet), with completion expected by the middle of next year. Next year, he said, the company would spend another 4.5 billion baht on Central World Plaza and on a new project in Chon Buri.

During an interview at Kentucky Fried Chicken in Bangkok, the Prime Minster has quoted” I have three kids and money, yet I am not afraid of dying from eating chicken” in urging the public not to chicken out. So far, most of the provinces in Thailand and many parts  Simple Property Valuations of Bangkok have been divided into zones. Red zones and yellow zones, to monitor the situation closely and to avoid any risks, which would affect the economy’s growth and stability. But economists are forecasting a decrease in the local GDP by 0.4 – 1. %, If the current situation continues as is for two more months.

with units priced between 3.7 million and 12 million baht each. The construction of the 500-million-baht low-rise project, of which 200 million baht was financed by Kiatnakin Finance, began this month and is expected to be completed in May next year.

Does Outsourcing Of Real Estate Valuation Make Sense

Summary: Outsourcing is the name of the game today and in this article we will try to find out whether it is commercially meaningful to outsource valuation related services.

even if they are not big corporations or multinational organizations.  In this article we will try and find out whether it makes sense to go in for outsourcing of valuation business. This is because quite a few valuation companies are known to be outsourcing some part of their valuation businesses to such third part outsourcing companies.

Property valuation Property Valuation is a very crucial process as the price of your property is decided during this process which can have a long term effect on your property. It is therefore extremely important to ensure that as a customer you choose a valuer who has the right experience and expertise. The appraiser should be able to perform the valuation correctly because based on this figure either a buying or selling decision will have to be taken.

If as a valuation company you are deciding to outsource part or the entire valuation process you need to keep in mind the areas related to quality and timely delivery of services. Unless these two important parameters are properly addressed it might not be feasible to go in for such outsourcing. Many valuers find managing these two parameters difficult once they outsource it to third party service providers. This is because such third party service providers may be handling quite a few dozen such valuations and hence at times they may fall back on quality and could also default on important time lines.

Therefore before going in for valuation you have to ensure that the service provider has a good reputation and goodwill as far as timely submission of reports is concerned. The service provider should also ensure that the quality of such reports are of the highest order and provide a number of subjective pieces of information. Further, as a valuer it may not be always advisable to outsource the entire process of valuation to third party service providers. Importance and crucial functions like calculating the actual fair market value of the property, taking care of complicated valuation and other such matters should be kept under their own control for obvious reasons.

True Value is in the Eye of the Beholder – Property Valuation Advice

About 10% of the units were booked early this month and the company anticipates it can conclude sales by April. The project is located on Pan Road, an attractive link between Silom and Sathon, the most famous business roads among expatriates.

With its two-way traffic, Pan Road is suitable for private residences as a BTS Skytrain station and the expressway are quite near, The project’s sales are being managed by Harrison  (Thailand) Co, a property brokerage and auction firm, while property management will be operated by Knight Frank Chartered (Thailand) property interest in Australia The Commerce Ministry yesterday said it would sharply cut back its poultry export targets for the year, earlier set at as high as $1.1 billion, or up 20% to 30% from last year. No figures were released, but a revised target is expected to be announced in three months The central bank growth forecast assumes culling costs for 30 million chickens at 1.76 billion baht.

Reviving the industry is expected to take at least five months, including breeding new stocks and clearing the certification process. Central bank economists said the government’s plan to set aside three billion baht to assist affected farmers would help offset losses, resulting in a net loss to growth of 0.2 percentage points. The central bank had earlier projected growth of 5.5% to 6.5% this year. But expectations of a stronger global economy and the government’s plans to spend 135 billion baht in a new supplemental budget should boost growth.

The new forecast of 6.3% to 7.3% still remains up to a full percentage point below the government’s estimates, albeit those made before the bird flu crisis. Exports are projected at $83 to $85 billion this year, up 6.5% to 8.5% from last year. In 2005, exports are projected at $89 to $91 billion. The projections are well below the Commerce Ministry’s projections of $92 billion, up 15% from last year.

Exports in 2003 rose 16% to $80.23 billion.

The development will also comprise other upscale shops, fashion boutiques, restaurants, movies and a magazine corner operating 24 hours a day. This year, the company will invest 1.4 billion baht in two new condominium projects worth a total of 1.6 billion baht in the Silom and Sathon areas. Sales will open next month.

Property valuation is beneficial for improving property’s value

The three-rai Lofts Yen Akat, with 65 units priced from 5-16 million baht, is a 51:49 joint venture with the design and development firm Kudu. Raimon’s own property, The Legend Saladaeng, has 78 units at 5-12 million baht each. The company plans four more joint-venture projects worth a total of five billion baht in the next four years in Bangkok, Phuket, Pattaya and Ko Samui.

he Passorn 9 project, worth 420 million baht, will house 48 units and will be located on Vibhavadi Soi 60 near Kasetsart University.

The Passorn 11 project on Pracha Chuen Road will have 65 units worth 540 million baht.Four more Passorn single-house projects and three townhouse projects under the Baan Preuksa brand will be in the north, west and east of Bangkok. Last year, the company could sell 5,380 units of houses or around 10% of total market. Its net profit in 2003 was 948 million baht, a 27% increase from 745 million baht in 2002. The company also planned to build a precast factory in Lam Luk Ka Klong 4 in Pathum Thani, with an investment of 600 million baht. The new factory could produce pre-fab materials used in the load-bearing wall technology.

It is possible only if the property valuer which you had appointed for doing your property valuation process is having huge knowledge of real estate industry and also many years of experience Brisbane Property Valuers to carry the process in right direction. This will make you to feel the tension less atmosphere and will let you time for doing your work.

The new plant can help reduce construction costs and time, as we will be able to build 12 single houses per day, up dramatically from two. With the annual capacity to produce 1.32 million square metres of pre-fab materials, the plant can supply the construction of 2,600 single-house units each year. Eight condominium projects in pipeline L.P.N. Development Plc. plans this year to develop eight new condominium projects in Bangkok with a pre-sales target of five billion baht, up more than 60% from last year. Details of the other developments have not been disclosed yet. This year, the supply of newly launched condominiums is expected to be around 10,000 units with competition likely to become more intense as new players enter the market.

Housing demand remains strong while supply is gradually rising. The uncertain factor is interest rates, which most analysts expect will increase in the second half. L.P.N. has four housing brands for specific market segments. Lumphini Suite units are priced at 50,000 baht per square metre and above; Lumphini Place between 40,000 and 48,000 baht/sq m, Lumphini Ville between 30,000 and 38,000 baht/sq m and Lumphini Centre 20,000 to28,000baht/sqm.

How property valuation is best performed by expert valuers?

That is the reason it’s vital that the charge the Senate passed Thursday keep up the exclusion for scourged properties, Fromm said. Property valuation method is valuable for in regards to full house to take in your home cost in the current zone field called as property valuation process.

L.P.N. will spend about 12 months on each project from the first day of sales to the day ownership is transferred to customers.

Last year, the company achieved pre-sales of three billion baht from the sales of seven new projects: 190 units at Lumphini Place Narathiwat 24, 312 units at Lumphini Place Rama III-Charoen Krung, 300 units at Lumphini Ville Mary-Sathon, 233 units at Lumphini Place Narathiwat Ratchanakarin, 100 units at Lumphini Centre Lat Phrao 111 phase 2 (Building E) , 159 units at Lumphini Suite Sukhumvit 41 and 224 units at Lumphini Centre Lat Phrao 111 phase 2 (Buildings F and G) LPN has transferred 1,758 units worth two billion baht to buyers last year.

At the end of last year, registrations of condominium units in Bangkok stood at 4,676, of which L.P.N. was the market leader (excluding the supply held by the National Housing Authority) with a share of 37.6% Local developer Quality Houses is forecasting 40% growth this year to 8.3 billion baht in revenue, helped by the launch of new projects worth 1.5 billion bath.88% of the revenue or 7.3 billion baht would be generated from revenue recognition from housing projects while the remaining 12% would derive from rental fees on serviced apartments and office buildings.

The company said its revenue last year reached 5.9 billion baht, a 60% increase from 3.7 billion baht in 2002. Its major income in 2003 came from sales of 12 housing projects worth a combined 1.2 billion baht. The company’s largest investment this year would be the Q House Lumphini Park office building, with a total value estimated at 2.8 billion baht. The 37-storey building will provide 60,000 square metres of office space. Construction of the project will start next month and is expected to be completed by July 2005.

How property valuation is able to calculate property’s value?

The property valuation report are very much beneficial for the clients conducting the process of property transaction for their personal use and know the value of their house. The report will give you the full idea about the condition of your house or building and then it will be very beneficial for improving the suspected area.

Quality Houses expects to begin leasing the space by September next year. Though the company has anticipated it would be comparable with rates in neighbouring buildings at 500-600 baht per square metre per month. Besides the office building, Quality Houses plans to develop five new housing projects for the upper market segment, with prices ranging from five million to 40 million baht per unit.

The company will also develop the Centre Point Saladaeng serviced apartment worth 280 million baht. The 69 units will be offered for rent at 42,000 to 95,000 baht a month. Its other project is the 45-unit Centre Point Sukhumvit 10 worth 200 million baht. The company had also developed the Cha-am Long Beach condominium, consisting of two 18-storey buildings housing 106 units, worth a combined 700-800 million baht.

Ultimately the NAR Directors will discuss that. There is, however, ample evidence that they were frequently working and making decisions based on information provided which at best was incomplete and at times could have been considered misleading.

As for me — if anyone thought I had been in any position to intercept or investigate or stop anything I would not have been asked by the RIN Board, our (NAR) Leadership Team and our (NAR) Executive Committee to step in and try to unravel this thing. Further than that — I can’t comment. I have no intention of resigning, however, but anyone can be fired.

Property valuation helps to make your house more worth for selling

More important than all of the above is: What now? If RIN was intended to provide Realtor members 10 specific things (12 things, 20 things, whatever), what specific things do you feel can be salvaged Property valuation controls I won’t play games with this answer. Yes, I could answer your question now because I believe I do know that answer. I have heard it from over 200 people from various positions in this organization and that’s the avenue we have been pursuing.

Frankly, I don’t know yet that we can get there. Because of contracts entered into — we cannot control the final path recommendations. With cooperation from those vendors (and I don’t fault them) I really believe there is a way out which will focus RIN precisely on its mission, get it away from areas “nice to be in” but not essential to that mission, and allow a big move forward in this essential area of service. We will know before Aug. 26.

Finally, there is an undercurrent of conversation these days about the relevancy of the NAR itself — that the RIN problems point out that the NAR can no longer react fast enough to changes in the environment and that the organization should stop trying to provide all services to all people and instead focus on (a.) lobbying and (b.) economics and that everything else should be local board option. So, is the NAR obsolete?

It’s interesting. RIN was created as a separate corporation, completely autonomous and able to make decisions on its own so as to avoid NAR “bureaucracy, be fast and nimble, be competitive, etc. Now that there are problems, this type question presupposes that NAR was the problem. I believe NAR is absolutely relevant to the real estate industry today. In doing what, however, is a question only the Realtors can answer and that’s done three times a year at our administrative meetings.

A greatly expanded real estate area on America Online to be announced in August will include property data records from TRW REDI, the nation’s largest real estate data company. Consumers will be able to tap home price information and other property data records online at a nominal cost in addition to the America Online basic access charge.

Commercial property valuations for buyers

TRW announced last year that it would provide real estate data to consumers through Microsoft Network, but that plan was dropped after public response to MSN was much less than had been projected property valuation report Data Quick is expected to develop similar relationships with other newspapers or Internet information companies. Transamerica’s Metro Scan has no online service, but recently announced the marketing of a consumer CD-ROM for $79.95 per county.

Real estate entrepreneurs are quickly discovering the potential power of the World Wide Web. The interactive nature of the Internet opens up an endless stream of new ways of enticing people to borrow money or buy and sell houses.

Take mortgage systems entrepreneur Jim Wilson. On his Web site, home loan borrowers are encouraged to fill out a “quick” loan application which is then sent to mortgage lenders who participate in the program. If a lender wants the loan the borrower is contacted directly by the financial institution but only after paying Wilson $5. Presumably, a number of lenders will contact the same borrower.

Have been a member for about a month now and although I cannot say I have taken a loan as a direct result of the service, I feel it’s reasonable because you only pay for those leads you except,” said Lee Smith, senior loan representative with Warwick Savings Bank.

Another participating financial institution is EXPRESSLENDING Division, which is the nationwide consumer direct arm lending of Guild Mortgage. NDS Software, Inc. announced a two year contract with East Bay Regional Multiple Listing Service (MLS) serving real estate agents in California’s Alameda and Contra Costa counties.

Under the agreement, descriptions and photos of homes for sale in the MLS will be placed on both Home Seekers-Internet and Home Seekers-Intranet. Currently, the MLS has over 14,000 homes listed for sale by real estate agents and brokers.

The Home Seekers-Internet on the World Wide Web includes the inventory of home for sale from all MLS’s served by NDS. The Home Seekers-Intranet makes information and photos of properties available to consumers with a modem and a Windows PC, but doesn’t require Internet access.