Buying a home with the house foreclosure unit to start you first property investment. House foreclosure is what happens when the home owner failed to pay back the money that they borrowed to buy the house. Lender can take away someone’s property if there are no longer affordable to pay for the home loans. When house foreclosure happens, particular property gets repossessed for the amount that could not be paid on the home loans.

At the point of house foreclosure, the bank mortgage loan or financial institution has possession of the property and usually deals with it. Ownership is moved to the lender. Most of the time, when the lender takes the property their intent is to sell it in the open market. This can happen by either making an agreement with the borrower in pre-foreclosure or they can buy it back at a public auction held by the county.

Home loans lender own those properties that are re-possessed. In other word, bank owned the foreclosure units. Other times the borrower can get out of losing there home when the government gives them a certain allotted time to pay off the remainder of the home loans.

Another option for the buyer is that when they go into foreclosure they sell the home to a 3rd party buyer who then pays the remainder of the loan and it saves the borrower from getting the bad credit. One other option is that a home-buyer buys the home at a public auction. Read more »

Many people make property investment as a long term investment to reach the their finance level. You might capable to manage 1 or 2 unit of property, when you are in a place where you have more rental properties to look after, you may be a little overwhelmed at the idea of doing it all by yourself.

The truth is that there are lots of property investors who hire property management companies to look after their concerns for them. Get professional advice and management from property management companies. Fell free to really consider what a professional property manager could do for you. Look for the one suits for your need, then next is how to choose a professional property management companies?

Let’s share about the way and how to choose a professional property management companies. Get your money worth for their effort and get the better care to your properties from property management companies.

1. Organization of property management companies
How big of the group of the property management company? When you visit their offices, are things neatly filed away and close to hand, or does it look like an explosion of paper work? If the work place isn’t tidy, you may be in a place where important paperwork gets lost or misfiled. How the office is managed, is how their attitude will be to manage your properties. Read more »

Property developer SP Setia Bhd’s sales hit RM1.04bil at June 30, well before its financial year ending Oct 31. President and chief executive officer Tan Sri Liew Kee Sin attributed the success to the company’s 5/95 program which gave various incentives to home buyers and really benefits to first time home buyer.

Due to the overwhelming success of the program, SP Setia Home Loan package have extended it for another three months. As per SP Setia management, SP Setia Home Loan package will not extend the package when it ends. The program started Jan 19 and ends July 19.

The home loan package allows a buyer to pay only an initial 5% of the house price. All legal fees and stamp duties on the sales and purchase agreement are borne by the company (property developer). SP Setia would not extend the package when it ended on July 19.

SP Setia will stop launching new products for a couple of months to focus on building more quality homes. The 5/95 program was initiated by SP Setia but had now been adopted by other property developers into property investment market. Read more »

Many property investors are looking for buying investment property aboard. Property Investment industry is not area limited. Nowadays, your can manage your overseas property through property management company.

Again, good news for property investor for those interested in Australian property and the retired plan to migrate to Australian. Premier Australian Property Fair y2009 organized in April y2009 in Kuala Lumpur and Penang. Australian property investment is a great help in Australia development.

Coming soon Australian Property to be launch and the showcase in Kulau Lumpur in July. Did you know that Australian property investors are now benefiting from low vacancy rates and the lowest interest rates in 49 years? Book your calendar to visit at 2~5 July at The Westin Kuala Lumpur.

Discover how easy it is to buy Australian Property, lease and manage an Australian landed property or city apartment while living in Malaysia. Some summary can be listed below;
Read more »