Hints and tips:
...“You are not a homeowner, you are little more than an inmate.”...
...In May, only three per cent of properties in the UK sold for more than their asking prices, the National Association of Estate Agents said....
...Some homeowners are hoping the regeneration might help rejuvenate the area’s struggling property market....
...Most enquiries have come from homeowners who want to drop one on their property as extra guest quarters, as well as city dwellers who like idea of adding it to the rooftop of a townhouse....
...The psychological effect on the homeowner is naturally significant,” says de Rijke. As for fire risk, he throws cold water on such concerns....
...The tub now sits in his machiya townhouse where, through a small window, bathers can gaze out at a century-old Japanese walled garden....
...“The optimism among Danes – and Danish homeowners – has returned....
...Having a new home built can be nerve-racking for anyone, but imagine this: your three-storey townhouse is pulled by a tug across an inland sea, then a storm causes a diversion, adds an extra day to the voyage...
...“Smaller Georgian townhouses can be found for £1.4m-£1.9m, mid-range from £2.5m to £4.5m,” says Tim Fairweather of Sandfords....
...For a list of UK search agents, see the Association of Relocation Professionals: www.arp-relocation.com, tel: 08700 73 74 75 For a list of US search agents, see the National Association of Exclusive Buyer...
...Ideas to limit this “moral hazard” include requiring homeowners to give the mortgage lender a stake in the house if a loan is refinanced, meaning that any future price gains would be shared between homeowner...
...“Although the banks have to pay the property tax and homeowners’ association dues on what they own, if they released more homes on to the market it would drive the price down and reduce further their asset...
...From 2003 to 2008, all auction sales in residential real estate, including distressed sales, grew 47.7 per cent, according to the National Auctioneers Association....
...“I’ve turned down a handsome offer for my apartment overlooking the beach but now I’m not sure I did the right thing,” says one Glitter Bay homeowner....
...It is a similar story in the US, where the total gross sales of residential real estate sold at live auction increased by 46 per cent from 2003 to 2007, according to the National Auctioneers Association....
...Given the costs, the homeowner is unlikely to face any US income tax. And the costs can be set against any tax payable when it comes to selling the house....
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