If you’re up for a spot of renovating and keen to put your stamp on a house with history, Italy has some spectacular older properties on offer at surprisingly low prices. And if you’re looking for something more modern and ready to move into, you can still grab a decent bargain. But it’s important to get yourself clued-up on the Italian property buying process and some key terms before making the leap, so The Local has spoken to relocation experts and estate agents to give you the lowdown on buying a house in Italy. The process First, the good news – no lawyers and no gazumping! In Italy, both the agent and notary are working for both the buyer and the seller. So there is no need to instruct a lawyer, although you may want to for extra peace of mind when buying abroad, particularly if you don’t know the language. Nigel Ayres, CEO of the Expat Network, says: “In Italy you generally do not need a lawyer because the agent and the notary are both … [Read more...] about How to buy a house in Italy
How does buyer agent get paid
Technological evolution continues to hurtle forward at breakneck speed across all sectors, driven by consumers’ need for stress-free and intuitive technology that enhances our day-to-day and professional lives. And naturally, it is property, the national obsession, that is the latest industry to take part in this evolution.In recent years, the work of the estate agent has changed a huge amount. The traditional estate agent’s shop window now extends into the digital world as most property purchases now begin with an internet enquiry, rather than doing the rounds at the high-street estate agencies to see what’s on their books. This is the beginning of a long process, and these days technology is helping the estate agent, and consumers, on every step of the journey.The rise of ProptechJust as FinTech, RetailTech, and MarTech have radically altered their respective industries, PropTech is transforming the way the property market operates, … [Read more...] about How technology is disrupting the property market
What is a primary residence? Formally, it's a house, apartment, trailer, or houseboat where an individual, couple, or family live all or most of the year. Daniel Bortz, provided by Published 1:45 pm PDT, Friday, September 21, 2018 Photo: Balticboy/iStock Photo: Balticboy/iStock Image 1 of / 1 Caption Close Image 1 of 1 Photo: Balticboy/iStock What Is a Primary Residence? And How Does It Affect Your Mortgage? 1 / 1 Back to Gallery What is a primary residence? Plainly speaking, it’s the house or apartment that you call home. But your primary residence—sometimes referred to as your principal residence—also has important mortgage and tax implications, says Steve Albert, director of tax services at CPA … [Read more...] about What Is a Primary Residence? And How Does It Affect Your Mortgage?
Hiring a property manager isn't as easy as throwing up a few "Help Wanted" signs, but these tips will help you find a good manager for your rentals. Jeanne Sager, provided by Published 11:30 am PDT, Wednesday, July 11, 2018 Photo: Sturti/iStock Image 1of/1 CaptionClose Image 1 of 1 Photo: Sturti/iStock How to Hire a Property Manager: Tips to Find the Right Pro 1 / 1 Back to Gallery If you're wondering how to hire a property manager, you have no doubt heard how this professional can be a boon to landlords who want to outsource the nitty-gritty details of running a rental property. But finding a good property manager can be challenging, since the quality level and services they provide really do run the gamut. The key to hiring the right property manager for you is to draft a detailed job description … [Read more...] about How to Hire a Property Manager: Tips to Find the Right Pro
For Donald Trump, there was the purchase of the $12.6 million Scottish estate and the $79.7 million for golf courses in the United Kingdom, not to mention the $16.2 million for the Northern Virginia Winery. All in cash. For Michael Cohen, it was the lucrative day in 2014 when he sold four Manhattan buildings for $32 million—three times what he’d paid for them less than three years before. Recent days have been filled with a seeming tidal wave of fresh revelations from the spiraling investigation around Donald Trump’s ties to Russia, particularly around suspicious financial transactions involving Trump fixer Michael Cohen, who appears to have used the same shell company LLC to pay hush money to porn star Stormy Daniels, collect six- and seven-figure consulting deals from companies like AT&T and Novartis, and receive payments from a company with close ties to oligarch Viktor Vekselberg. The subtext of many of the recent tales—from Donald Trump’s massive … [Read more...] about If Trump Is Laundering Russian Money, Here’s How It Works