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Submitted by: Zev Freidus

New Yorkers are buying homes in Florida (particularly in Boca Raton, Delray Beach and Boynton Beach) at a record pace, either as a second home or permanently relocating to the sunshine state. This brief overview is intended to give readers from New York an idea of what to expect when embarking on the process of shopping for a home in So. Florida.

Although home prices have skyrocketed in the last 5 years, relative to NY prices, you can still buy a lot more house for your dollar in Florida. Homes in South Florida are currently selling pretty quickly with the average time on the market being about 30 days. If you are working with a real estate agent here and are serious about buying something, be prepared to make a trip down here on short notice. If you leave it until your next trip in a couple of months, chances are the home will no longer be available. Homes here typically sell anywhere from full asking price to $10k or $20k below asking price. Often times, homebuyers from other areas make offers of 10% below the asking price, only to loose a few homes before understanding that sellers here consider this insulting and typically won t even respond with a counter offer. With 1,000 people per day making Florida their permanent residence, the demand for housing continues to increase while there is limited supply. For this reason it is anticipated that prices will remain strong for the foreseeable future.

Real Estate taxes are calculated using a millage rate which is applied to the assessed value of the property. Although the millage rate varies from one area to another, as a rule of thumb, your annual Real Estate taxes will be 2% of the value of your home. Property is re assessed every time it changes hands, so when you buy a home, you should expect it to be assessed at or about your purchase price, therefore your annual taxes will be about 2% of what you paid for your home. There are several tax exemptions available to Florida residents, the most significant one being the Homestead Exemption which is available to all permanent Florida residents. This exemption lowers your assessed value by $25k and shields your property from creditors, but more importantly homestead properties are protected by the Save Our Homes tax cap which limits the amount your taxes can increase by 3% annually. Since property values have been increasing about 25% annually, it is extremely important to file for homestead exemption as soon as you close on your new home. At the same time, since many current homeowners are paying a fraction of what they would if their homes were not protected, when looking at homes, you should pay no attention to what the current owner s taxes are, instead you should calculate your new tax based on your purchase price. If you are discouraged by the high real estate taxes in Florida, don t despair, there is good news yet – Florida has no income tax. When living in NY, you pay Federal, State and possibly City taxes on the money you earn. In Florida, while you still pay Federal income tax, there is no state income tax at all.

Most single family homes in Boca Raton are built in planned communities and are governed by homeowners associations. Townhouses or condominiums are similar but are governed by condo associations. In either case, the governing body will be responsible for maintenance of common areas and will impose rules on homeowners regarding the upkeep of the homes. Homeowners are required to pay monthly assessments to the association to cover the common costs of the community, which vary depending on what the association is responsible for. If you purchase a home in Country Club, membership in the club may be mandatory. Country Club membership typically entails an up front equity contribution to the club ranging from $20k to $100k and yearly membership dues ranging from $2k to $15k.

Your mortgage company will require that you maintain an insurance policy on your home equal to at least the amount of the mortgage or the replacement value of the home whichever is less. They will require that you have hurricane coverage and if you live in a flood zone, then flood insurance as well. Flood zones are determined by an elevation survey and while you may not be required to carry flood insurance, the incremental cost above your standard policy is minimal and it is worth having it anyway. There are several factors that will affect the cost of your homeowners insurance most of which are a function of the age of your home. Homes that are more than 20 years old are significantly more expensive to insure. Homes that where built after the new hurricane code was put into effect in 1998 are significantly less costly to insure due to the changes in how the homes are built including the requirement for storm shutters.

If you are relocating and seeking permanent employment in Florida, keep in mind that due to cost of living differences between NY and So. Florida, you need not earn the same dollar amount that you are currently earning in NY. As a rule of thumb, your FL salary should be approximately 80% of your NY salary. In other words, if you are earning $100k per year in NY, you need to earn $80k here in order to lead a similar lifestyle.

Home shopping can be an exhausting experience, especially when doing it long distance. With more than 16,000 Realtors in Palm Beach County, it is important that you select the right Realtor to work with. Make sure you are working with someone who is a full time Realtor, not a part timer who has a license and tries to make a deal here and there. A Realtor who is Internet savvy will make the process a lot easier by communicating with you via email, sending you listings, pictures and even virtual tours. It is also important to understand that unlike New York where Attorneys handle the contract, here in Florida contracts are prepared and executed by the Realtor, so a competent and professional Realtor can make all the difference.

About the Author: Zev Freidus is President and Broker of Boca Executive Realty

bocaexecutiverealty.com

, located in Boca Raton Florida. Zev can be reached at 561-544-3810×21

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Submitted by: Anshuman Satia

Gurgaon is a metropolis amid four chief cities including Delhi. This metropolis is as well known for its wealthy and magnificent past which further adds to its appearance. Nowadays many chief and appealing occasions are taking place in Gurgaon. Right from the establishment of all excellent firms in this metropolis to well-liked tourist destination, this metropolis is all set to get your attention.

A number of the renowned and consistent builders offering their projects in Gurgaon are Assotech Limited, GPL group, Antriksh Group and lots more have donated the metropolis with quite a few well branded and highly favorite projects. Not only this, quite a few other developers are as well engaged in offering their upcoming and completed residential projects. The developers make sure that the existing spaces are presented at a reasonably priced rate together with a blend of comfort and luxury.

As the developers are well-informed about the necessities and requirement of all, therefore it is now easy to get hold of 2 BHK apartments Gurgaon. These apartments are coming with all most recent and contemporary services such as Gymnasium, Jacuzzi , Swimming pool, Steam room, Tennis court, Indoor games, Club Houses, Kid’s Play Area, Internet Connectivity, 24 x 7 Security, Intercom Connectivity, Customer Care Center, Rain Water Harvesting, Water Softener Plant, Golf Course, Badminton / Squash Court Schools, Hospitals and a lot more. At mediaestate.com, our aim is to get utmost client pleasure with advising affordable and best deals on property. We take care that the customer receives superlative infrastructural services together with furnishing as per the buyers wish. With the knowledge and support of extremely talented team of skillful professionals we conceit ourselves in making the whole real estate investment process to be prompt, simple and unperturbed task. Gurgaon Property market carries on development by leaps and bounds as per the comfort level of today s generations. Leveraging the idea of plentiful living, there are several 2 BHK flats particularly for the those who are looking for splendid lifestyle. Eying on the flourishing real property market, Gurgaon presents varied range housing apartments with style, infrastructure, convenience and console. Planned to value the space in which the living is probable to find its atmosphere, this copious equipped 2 BHK apartments will surfeit you surprised the instant to pace into it. As well, there are a lot of posh regions in Gurgaon where the developers are planning to set landmarks in the form of best quality residences that will cater diverse standards of populace.

When you want to choose 2 BHK flats in Gurgaon, you would clearly find a good contract as the real estate bazaar rates are at the moment escalating as per an exaggeration of luxury. Aspiring to construct a paradise of modern living carried by in-flow of office spaces and multinational companies, the famous developers in Gurgaon concentrates on the satisfaction of the buyers. Attracting the homebuyers and investors in line with their financial budget, the 2 BHK apartments here are in fact prepared to look at the story of a happy lifestyle. Apart from being a high-quality alternative where investment is alarming, 2 BHK flats in Gurgaon offers a pleasant environment and an attractive way of life that adds to its inhabitant’s pride.

About the Author: MEDIA ESTATE is a real estate consulting company serving all over India. TO know more about price, location, review and payment plan Log on to

MediaEstate.com

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Problems Faced by Pune Real Estate in 2013

by

AnujGupta

Like other tier-I cities, a lot has been taking place on fro t of Pune\’s reality market. While there are, certainly, some positive things happening: the demand has remained high in this fiscal year. The majority of this demand, like previous years, has derived from the IT industry. It is the stability of the market that has garnered the interest of High Net Worth Individuals (HNIs) to invest in the city. The absorption of commercial spaces has has remained stable, as compared to the residential properties. The inventories laying unused in the city are as old as 9 months. If the city overcomes the blocks that its real estate has been facing, the demand is expected to rise further, and this shall bring a boost to the property market here.

As per the report of Jones Lang LaSalle, the interest of the investors has remained high, like it was in the year 2012. The investment into commercial properties has seen a rise in 2013, thanks to the stability that Pune real estate has witnessed. With the development of Eastern Corridor, more offices have sprung up in the vicinity, and this has seen an upsurge in developer\’s interest in floating of new projects. Consequently, it directly affects the demand from buyers section. A 22-acre project by a realtor garnered the attention of an investors called Avenue Ventures, which has invested $6.5 million into the project.

This was about the positive turn of events. Now, have a look at the flip side too. The government has raised the stamp duty by 1%, making it as high as 7% of the property cost. This has been a big factor in toning down of the buyers\’ sentiments. Developers, who are already sitting over sets of vacant properties, are too perplexed to handle the increase in stamp duty. Another factor that has played wreck with developers\’ hope for sale is the long time taken for getting approvals for new constructions. To tell you the truth, it takes a year or two for them to get the consent, but by this time, the property rates get further escalated. So, in the end, it is the buyers section that has to pay the price. Like other cities, this is one of the biggest problems faced by Pune real estate today.

Another issue is related to the delinquency on part of developers themselves. A whole lot of them failed to pass the ownership in the name of the buyer to which they transferred property. The administration is now planning to take strict action towards the builders who fail to do the property conveyance deeds on time. Such a step shall bring about transparency in things.

Purchase properties over

India real estate

website, Makaan.com, and locate the properties that fall within your budget. Look for

property rates in pune

and get to know the quarterly changes in values.

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Dwarka Flats price has doubled in 3 years

by

Kamaldeep Singh

In current years, the property market of Dwarka has certainly seen a standard shift. Dwarka Property is witnessing a new trend in living the lifestyle, with tall buildings and commercial malls. Apart from residential society apartments, flats the concept of integrated town also inaugurating Dwarka with many major players in real estate development projects engaged exclusively in this field. Dwarka Property value has doubled in the last three or four years. Currently it is almost impossible to find a good residential property in less than 75 lakh rupees. The most key factor in pumping the housing boom of Dwarka is Metro, which has emerged as an crucial matter of convenience for residents here. Before that, it was hard for residents to travel to remote areas, like cannaught place, south delhi and North Delhi.

Dwarka is the prime colony in Asia and has a total of 29 sectors, of which 23 are functional. If CBI clears all the residential flats in dwarka, you can climb to 75-80%. In Delhi, there are many family who are very interested in buying a property in Dwarka. And just only because of the Delhi Metro, Flyover and underpass of Dwarka. After some time, ISBT also come-up in Sector 23, Dwarka and it will also boom property in dwarka.Dwarka has a great deal to offer its residents.1. It is very bring to a close connected with the domestic and international airport.2. It has wide roads, big markets and shopping malls.3. It is well connected with major parts of Delhi by metro, DTC buses and very close to both South Delhi and West Delhi.Another reason why Dwarka has witnessed immense development is that because of the scarcity of land in the rest of Delhi, has become an obvious alternative for real estate development. Sector. 23 is almost developed and Sector 24, 25 and 26 are in development from the 29 sectors of Dwarka. Moreover, the arrival of 32 lanes, which is closely linked to Dwarka Delhi, and real estate values here have an optimal impact of growth.There are about 350 CGHS which are now operational and an average of 100 family are in a society. Dwarka Compared to other big colonies like Rohini, gurgaon and noida, one will find the apartments in Dwarka are much more expensive. A normal residential apartment and simple Rohini expenses around Rs 45 lakh while the same costs Rs 75 lakh in Dwarka. To purchase a residential apartment in Dwarka, people are selling their apartments in nearby societies and people want to live in an area with new construction, better social infrastructure.The Delhi Development Authority has risen to fourty thousands residential units in the self-financing plans mega housing units, HIG, MIG and incremental. It has been designed especially to the economically weaker sections (EWS) of residential society. The delhi development authority has planned a series of early warning systems, LIG and Resettlement of homes in the area of systems. There are about 20 thousands flats in Dwarka DDA which are held from 8.000 to 10.000. Among all the DDA flats in Dwarka, over 70 percent are ready and we are expecting the award.

After read this article you will get an idea about

dwarka properties

. If you want more information about

india properties

log on to propertieshut.com

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Dwarka Flats price has doubled in 3 years}

Bronchitis Phneumonia

by

Mercy Maranga

The same infectious (viral or bacterial) organisms usually cause bronchitis or pneumonia, and the severity of the illness often relates to the overall health of the patient. Bacterial pneumonia differs from bronchitis in that it is an invasive infection of the lower respiratory system. The infection has broken through the wall of the bronchi and entered into the tissues of the lung. The infected lung tissue has blood vessels that may transport the infectious bacteria to other parts of the body, causing bodily symptoms.

In both pneumonia and bronchitis, lung inflammatory symptoms such as cough, shortness of breath, and sputum (lung mucus) production are present. Moreover, fever, sweating, and chills may be common with either bacterial or viral infections. Because there is much overlap, it is impossible to distinguish a severe case of viral bronchitis from pneumonia without a physical exam or a chest X-ray.Some indicators that pneumonia is present are * chest pain or back pain with respiration or cough (a sign of tissue invasion) * large amounts of greenish or brownish sputum * a heart rate greater than 100 beats per minute * severe and persistent symptoms that may include: fever, chills, fatigue, perspiration, cough, and shortness of breathBronchitis is considered acute and is more easily managed when it occurs in people without a long history of smoking. Long-term smokers with chronic bronchitis or emphysema who develop a flare in symptoms are considered and treated differently than nonsmokers. The very elderly and those with chronic illnesses such as diabetes or heart disease are also approached with extra caution.If you have these symptoms, always seek medical attention. Finally, the elderly and those with more severe, chronic health problems should always consult a physician.Mercy Maranga Reports on Health and Fitness issues. Visit Her Site here for more information on bronchitis and its management Causes of Bronchitis

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Bronchitis Phneumonia

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