With the economy being where it is today, there is no doubt that you would need to find a way to get a refinance provider so that you would be able to obtain those home loans with ease and no hassle. What is refinancing, you may ask? For those who are not aware what it is, refinance is the process where one obtains a new loan on a property which is already owned by them. This method of getting a mortgage is useful, particularly for those who want to renovate their homes or are thinking of buying another house but have no money to do so without the loan.
Month: March 2008
Malaysian property developer SP Setia’s chief executive expects a shakeup in the country’s politics to deal a blow to government cronies and help his company to double profit.
“I think it’s very good for us. For any company that’s open and transparent it will be very good. If you are a crony and depend on handouts you’re going to suffer,” Chief Executive Liew Kee Sin said in the most outspoken comments by a business leader since the ruling coalition’s March 8 election debacle.
“If you’re not dependent on the government to feed you things, I think you will do much better now than before.”
The election result prompted sweeping changes to the cabinet of Prime Minister Abdullah Ahmad Badawi and some big policy changes have already been signalled, including reforms to the judiciary and a review of Malaysia’s murky system of subsidies.
Out there the world of real estate investing is a very imaginative world. Your success in real estate investing revolves around their creativity and productivity. You must ensure that you are able to reassess your strategies for new ideas in order to make a profit. One may claim that real estate investments are able to make millionaires overnight, but this certainly not likely. We all love to dream that we can strike gold when we are young. I will not say however that it is not possible with real estate, just that it all depends on how hard you are prepared to work and give in this field. Many of the gurus here say the exact same thing as I say to you know. You are looking at a tough road for about ten years to live modest and prudent investing. If you do that, you will be successful in real estate investing.
According to one expert, Malaysia offers overseas property buyers the best investment opportunities in the South-East Asian property market. Marsha Lu, who is the head of the legal, diligence and compliance department at Property Frontiers, claimed that while Malaysia has not been as popular as Thailand in the past, the latter has experienced political instability recently. Arguing that Malaysia is presently “the best place to invest”, Ms Lu said that the country has recovered well from the Far East financial crisis in the 1990s, compared with many other states in the region.
Real Acres, a bullish online property portal for India property market, has launched an interesting initiative with their series of online video shows featuring interviews of real estate industry builders and chief executive officers from India’s property markets. The following video, for example, features an interview with the director of Paradise Group.
After an energetic rise over the past few years, Japan’s real estate market is running out of steam. Particularly in the past few months, difficulty in completing transactions has fuelled expectations that prices will start heading south. In the capital markets, the value of Japanese real estate investment trusts (J-Reits) has plummeted in recent months, leaving many trading well below their net asset value. The negative sentiment surrounding Japan’s property sector may seem natural, given the grim outlook facing the world’s main economies. The slowdown in the US, coupled with a rapid appreciation of the yen, is hurting the country’s exporters, which have been important drivers of growth.