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Last Updated: Jun 27, 2008 - 8:05:40 AM |
Columns :
Let's Talk Real Estate - James Sarles
Where are Property Prices going on Grand Bahama? -
Nov 16, 2007 - 9:07:25 AM
It is said that when the
US sneezes
Grand Bahama gets a cold.
It is certainly true that on this small island only 68 miles from
West Palm Beach we are greatly affected by our big neighbor to the west. When it comes to property prices the question is will our property prices be affected by all the bad news we hear on the nightly news about Real Estate or has
Grand Bahama received its flu shot this year?
In case you don’t watch the
US news you might not know that there is a mortgage crisis in the
US.
Over the last few years banks have been lending money to bad credit risks or making sub prime loans.
Would you go into an Assue with someone who broke the last Assue they were involved in?
That person would be considered a bad risk and you would most likely not be sure that they would follow up on their commitment.
Well the
US banks decided to lend lots of money to bad risks and guess what?
Columns :
Let's Talk Real Estate - James Sarles
Is Renting Easy Money? -
Oct 11, 2007 - 1:30:59 PM
You hear about a friend of a friend who bought a house and is renting it out to make some extra income.
You hear that this person just sits back and collects the rent check every month, goes crawfishing now that the season has begun and you think, what a great idea! Sounds like a no-brainer. Buying a house to rent or turning your own house into a rental instead of selling can be a good way to make some passive income.
Columns :
Let's Talk Real Estate - James Sarles
Picking a winner in Real Estate in Grand Bahama -
Jul 4, 2007 - 5:08:11 AM
It is a well-known fact that location is one of the most important elements in the value of a property in Grand Bahama and anywhere in the world. Let's take that one step further.
A good investment buy would be a sound property in an area that will increase in value in the future. Buying into an area that is strongly on the comeback is one way of having a successful real estate investment...
Columns :
Let's Talk Real Estate - James Sarles
The Rewards of Home Ownership -
Jun 1, 2007 - 2:34:47 PM
People buy a home for a lot of different reasons. They may want to put down roots in a community and create a sense of stability in their lives. Then there are the financial considerations and the “forced” savings that builds up in the form of equity. In addition, the monthly cost of owning a house is usually much more stable and predictable than renting...
Columns :
Let's Talk Real Estate - James Sarles
Are you a Grand Bahama house hunter? -
May 25, 2007 - 9:36:27 AM
If you are new to
Grand Bahama
Island or a seasoned local and you are ready to purchase a home or land that makes you a serious house/land hunter and serious house/land hunting can leave you worn out and confused at the end of the day. It is hard to remember which house had the great back yard with Mango trees and the kitchen with the granite countertops and which one you ruled out because of inadequate storage space. Some of the houses you visited looked familiar--like maybe you had seen them before...