Posts

Investment Property Abroad, A Sound Investment?

Image
We find out from our sources in the title insurance company Riverside Abstract, with has a satellite  office in Trenton , NJ, that the investment in property abroad and property overseas is currently proving to be one of the most popular and profitable media to long-term investments. However, when buying investment property in the emerging markets it can sometimes be difficult to obtain up to date and accurate investment information.  Overseas property investors in the established markets of Cyprus and Spain are now looking to invest at the emerging property markets of Bulgaria, Turkey, and Dubai. Several factors are influencing the property markets in these countries including Bulgaria's entry into the European Union and the recent changes to the property ownership laws in Dubai. As stated on the Riverside Medium Blog , the opportunity to purchase off plan investment property continues to flourish in Cyprus and Spain, however even high...

Are you Ready to Buy?

Image
Buying a home is usually a tough decision. There are many factors that can influence that decision. If you have been renting, you may start to consider that buying is a better option. The monthly payments of the rent are not contributing to your future. The CEO of Riverside Abstract (see Riverside Abstract on Crunchbase ), the title insurance agency, based in Brooklyn, NY, gives you some factors to determine if you are ready to buy your own home. The financial aspect First and more important, you have to determine if you can afford to buy a home on your own. The first consideration you need to have is the money needed for the down payment. More often, it is required to put between 10 and 20% of the purchase price of the home as a done payment. Sometimes, you can negotiate for e lesser down payment. Another thing you have to consider, according to Riverside Abstract escrows, are the closing costs. They can vary between 3 and 6% of the home purchase price. In addition, proper...