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Euribor March 2010 to a new low

When we finished the month of February closed at 1.225% and a history we can advance the value that the index mark in the month of March will probably a new low of welcoming thousands of mortgages.

Today the Euribor marks a 1,218% with some volatility, but protected by the recent announcement by the European Central Bank to keep official rates to 1% over a new season.

These unusual values of the interest rates are resulting in an invaluable help to many people who ventured out during the housing bubble to buy a new home.

Undoubtedly a rise of 2 or 3 points would be catastrophic for many families who see their wages fades at end of month so that would not be of more use to try to get a few dollars ahead before the situation changes and rates recover.

Hopefully in this time as the ground clauses in mortgages and move to a better life so users can enjoy the real value of the rates. You can take advantage to take a look at the simulator as well as mortgages and see up your monthly payment.

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And with a discount: For Sale House Twilight saga


Summit Entertainment
Robert Pattinson The building where he recorded his role of vampire Edward Cullen is now venta.Vía Noticine.com

February 26, 2010

VANCOUVER – The house of the Cullen family, the socially integrated North American vampires, is for sale … and with a reduced price.

They have not found a buyer

'Only' needed 3 million Canadian dollars (about $ 2.8 million) to take ownership in the building where the fiction-living Robert Pattinson (Edward Cullen), their parents and siblings. The house was used for the filming of the three films that comprise the series: Twilight, New Moon and Eclipse.

Its current owners, in fact, put the house up for sale last November. Date premiered internationally Twilight Saga: New Moon. The price was originally set to almost 3.3 million Canadian dollars ($ 3.1 million). The house has two floors, is very bright, has a fireplace, pool and is surrounded by trees.

However, we live in times of housing crisis have been almost three months and Jason Soprovich agency specializing in high-level mansions, has not found a buyer.

And this, despite the millions of "fans" during the crepuscular world of possibilities for the Summit Entertainment production company wants to rent it again for the outstanding films of the saga in which the last work divide by Stephanie Meyer "Dawn".

Consequently, the real estate agent has chosen to cut in a few hundred thousand dollars the price of the house, which has five bedrooms and four bathrooms, and is located north of Vancouver, where they develop now Winter Olympics, specifically the number 118, Stevens Drive.

The mansion was designed by architect Arthur Erickson, renovated in 2001 and is surrounded by a field of more than two thousand square meters (21,527.80 square feet).

If you decide to save to buy it, do not trust too much about finding the coffins of Pattinson and his family in the attic …

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George Clooney put on sale Villa Oleandra on Lake Como (photos)

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The regulations reduce housing presales

Via El Universal, Caracas, February 24, 2010
In major cities, the projects have fallen 40%

Estate object deadlines for construction of houses (File)

The regulations limit the progress of housing developments in major cities.

According to data that are used in the construction sector during 2010 the presales projects in cities such as Caracas, Valencia and Maracaibo are down 40% on average compared to 2009.

The prohibition on payment of the consumer price index in contracts and lower demand have led developers to make smaller projects at other times.

Construction Industry sources point out that families are taking advanced-cost housing developments, those who are in promotion have not had enough demand, because they have to offer at a fixed price.

In June 2009 the Ministry of Public Works banned the collection of the CPI in contracts, and before that decision, the builders have to estimate inflation over the next two years to establish the price of housing in the primary market.

Sources indicate that as the conditions are set sold less.

Last year were in total 100,000 homes, and 70% were completed privately. For this exercise, the inventory of public and private houses fell 33% over the estimate in 2009.

More measures

The regulations, builders estimate will increase when the National Assembly authorizes the Housing Act Preventa.

Real Estate Chamber of Venezuela considers that aspects of the legal framework need to be reviewed, one of which is the maximum period of construction, which is fixed by law for two years.

For real estate processes take longer than two years, because they have to deal with claims, permits for habitable and protocol.

This is in addition to the Indepabis efforts, because the beginning of the projects require the approval of the agency, which for buildings is a step that delayed the projects.

Mayela Armas H.
EL UNIVERSAL

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Users on the floor of mortgages

We have now spent several months with the Euribor fixed at historic lows that has enabled a large number of customers to enjoy lower monthly payments significantly, although there are still some customers who have not benefited from the situation.

We've talked on other occasions about mortgages and armor as banks and exploit this clause known as ground for setting a minimum value of the Euribor and go on charging a hefty commission.

They are now consumer organizations that have decided to rescue the old and the recent protest and making judgments on unfair war stand and try to kill the damn floor.

Facua proclamation to the four winds that the blessed soil is between 1.25 and 4.95%, when today the Euribor brand values around 1.2%, with considerable exclusive benefit of the relevant bank.

While OCU urges MPs to stop turning a blind eye to this protest and to testify as unfair term this soil, and thus returned to customers all the money they have been charging customers.

The problem is that as well saying goes, a profit churning river fishing, and between the crisis, unemployment, air traffic controllers and other, banks are profiting on a commission basis without much further we can do to raise our voice .

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AN brake investigate complaints concerning mortgages

Vía Correo del Caroni
19/02/2010

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Mortgage loans take longer than 150 days in adoption

Vía Correo del Caroni
18/02/2010

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Celebrity Properties: on $ 2 million less than the house is sold Scarlett Johansson


Univision.com and Agencies
This Spanish villa owned by Johansson, was placed on Univision.com and venta.Vía Agencies

Scarlett Johansson listed his mansion, located in Hollywood Hills, California at $ 4.995 million, according to the site RealEstalker.com. This Spanish villa was devalued in the housing market just over $ 2 million since its purchase in 2007, when she paid for her $ 7 million.

An eco-mansion

By purchasing this mansion built in 1931, Johansson completely redesigned windows and doors. Your home is environmentally friendly, since the solar system was installed to control the home's electrical system. But before the mortgage crisis, should sell it lost $ 2.050 million, according to real estate site famous.

The villa, situated in the famous neighborhood where celebrities live, measures 4.352 square feet, has four bedrooms, five baths, a garage for four cars, large gardens, a private pool and spa.

Many of the interior rooms, including living room and dining room give way to a huge atrium with red tile floors and large glass ceiling height.

The kitchen has a retro applications and opens to the pool area, while the terraces have views of the canyon of the city and surrounded by several green areas and gardens.

Johansson, who is married to Ryan Reynolds, also owns a four bedroom apartment located in the exclusive midtown Manhattan, for which he paid just over $ 2 million in late 2008.

The actress, 23 years has been considered the muse for director Woody Allen who has worked on various occasions.

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Milpitas: Sale of Real Estate for $ 76 Million

Real Estate Company Mission West in the past two years, has been contracted to sell 23 acres in McCandless Road in Milpitas. Carl Berg, director of REIT of Cupertino, California, are interested in acquiring the rights to sell the property, said that because today's economy, believes that the business would be "complicated."

In the property there is a development of eight buildings and 427,000 square feet. Your buyer, unidentified, wants to make a residential redevelopment on the property, and sought the necessary approvals for construction to make this possible. The contract price is $ 76.5 million.

In February, Berg said he negotiated a sale of real estate along with the buyer to obtain an extension of 12 months to acquire the property and residential development. The buyer offered to pay $ 2 million for this extension, in addition to $ 10 million had already spent on development plans and scripts.

"We are analyzing their approval (development) and, if not close the deal, have agreed to surrender their plans and approvals, so that we can bring the property to market more easily," Berg said in February. "It's hard to know if anyone can do business in a market like this, but certainly have spent much money and they seem very committed to the project."

This week, Berg said that "almost closed the deal, but there were further delays." According to the director of Cupertino "scripts are ready, and there is no impact of the building permit, but in this market nothing is known for certain."

"We want to close the deal and, as it is being delayed by the municipality, further delaying its deadline. Hope you will fix it sometime in the first quarter, but everything changes every quarter, "said Berg.

Mission West owns four companies and management with a portfolio of about 8 million square feet in office buildings in Silicon Valley. At the end of the third quarter the vacancy rate for the company was 35.3 percent, or 2.8 million square feet, as compared to Silicon Valley's total vacancies of 16.7 percent, or five million square feet. The average monthly rent is $ 1.08 per square foot.

"Due to vacancies in the R & D properties in Silicon Valley", the company believes that "it will be unlikely to see a substantial recovery in the rental market before 2012.

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Mortgage Simulator with Excel Spreadsheet

We return this new year 2010 with new tools and utilities that may be of interest to those who are thinking of hiring a home loan but want to have everything under control before adventurers.

And it is clear that once we have the capital they need to purchase our new home, inevitably have to go through the tortuous task of visiting banks in search of the perfect mortgage.

It will not take long to discover that that perfection does not exist, and that the operation will exist only one winner, the bank. So that our mission will be to minimize losses.

This does not hurt to have all the information possible, and also know the interest rate (but is a fixed rate mortgage), the repayment period, contributions to which we shall face and other details such as Part of the payment goes to interest and amortization.

In this regard I recommend making an excel sheet as we offer everything from Mortgage. With this spreadsheet you can get all the information relating to mortgage our future in seconds. We can only wish you courage and good luck.

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