Step Housing

Accumulating seed money for housing, people are asking how to buy it? As with the use of borrowed money to buy an apartment? Note the main advantages of the mechanism of acquisition of housing by program "Housing move 'before housing cooperatives. Check with Craig Menear to learn more. The mechanism of action of the program "Housing move" fundamentally different from the cooperatives. Cooperatives, although based on the collective interaction of the participants, originally created as a more risky forms of organization! Cooperatives in more detail in a separate article. It shows why co-operative system does not always work for the benefit of the population. For clear understanding of and opportunities for collective housing funded program "Housing step" is necessary to understand its fundamental difference from other systems of home purchase by installments (cooperatives and the banking mortgages). The following are some basic differences of the program "Housing move 'from cooperative systems.

1 reviewing and examining the many reviews of the various cooperatives on the Internet, the essence of most of them can be reduced to that consumer co-operatives do not fulfill their promises and do not bear any responsibility. At the same time is unwise to assume that the organizers and founders of all cooperatives are initially dishonest intentions relation to their future clients. The reason for this situation lies in the fact that the mechanism underlying the operation of cooperatives, from the very beginning has many disadvantages. The main drawback of co-operative storage systems – a source of financing the purchase of an apartment for a shareholder who has made only 50% of its value.

Housing Lending

In the West, the vast majority of the population have long been accustomed to live 'in debt'. Moreover, a loan to buy, mainly real estate. Without fear or doubt become expensive homes, almost all my life but pay the mortgage … And live happy! Can not we also? It's no secret – the accommodation in Perm now expensive. Reasons for the increase in prices – and not very objective – a lot. But this is a topic for another material. Especially because no matter how much cost per square meter, the acquisition of Housing remains a priority list for almost any family.

Still too early to talk about creating a regional market of affordable housing as a fait accompli. However, Perm-city, not without opportunities. In today's market Real Estate operates several schemes offering Perm inhabitants to buy housing, paying for it for several years. Another thorny issue – the mortgage. The ratio to the collateral real estate today is ambiguous. Skeptics argue that the classical scheme of mortgages we can not yet realized. The arguments are simple: there can not be our borrowers because of high housing prices and exorbitant interest rates. And those who find the money for a down payment and interest payments on loans, are not of the 'target audience', for which established such a mechanism.

Some experts even claim that the mortgage is not created people, and in the public interest: housing loans are used primarily as a strategic mechanism for involvement in the housing construction sector long-term financial resources for all other industries. Meanwhile, in the several regions of Russia set up and operate a truly market-based system of mortgage lending. And the number of people wishing to participate in this system is far superior financial resources of the region. Today, bank lending banking institutions engaged in lending to people on an independent real estate purchase. It is believed that the bank generally considers private contributions as a platform for development. The volume of credits granted to the population of real estate in the past 2 years increased faster pace in comparison with the volume of lending of other species. It is also important that, according to yourself bankers, bank lending for the purchase and construction of housing has good prospects for development. Together with the stabilization process of socio-economic situation of the banks is a gradual reduction in interest rates on consumer loans, including long-term loans for real estate. Increased supply of various types of lending for housing. The main reason insufficient access to bank loans for a wide range of people referred to are usually pretty stringent requirements for borrowers' creditworthiness. In addition, one of the conditions of the loan is transparency of client's income. However, in light of the unfolding of recent combat pay 'in the envelope', this issue may fall off by itself.

Building Changes

Changing building and fire standards and requirements, changing laws. The number of people employed in considering the draft officials may be 50-60 people: Secretary-chief-executive-secretary of the head in each instance. Each service is officially entitled to review the documents within 30 days and issue a response. The answer may be agreement or refusal. Make the journey from beginning to end on their own, without help from professionals, it is difficult.

2) you trust us to complete collection of documents for approval of redevelopment. Thus, you save yourself from a tiring process. At the same time relying on their experience, we guarantee you collect all the documents as soon as possible. Agreement made alterations. Obtaining a permit to carry out redevelopment and refurbishment of residential buildings (apartments) and the conversion of non-residential premises.

Reconstruction of facilities – an indoor construction, including the reconstruction measures, to their redevelopment or conversion to alter the properties of the performance space while maintaining the overall technical and economic performance within size of the object reconstruction. Redevelopment areas – to change its configuration, which requires a change in the data sheet of the room. Remodelling is carried out while maintaining the functional purpose premises. Conversion of premises – installation, replacement or transfer of utilities, plumbing, electric go other equipment requiring a change in the data sheet of the room. Alterations carried out to adapt the premises to a new functional purpose. Reconstructive work, including running in conjunction with work on the redevelopment and refurbishment, provide for partial changes in the load-bearing structures and (or) in the architectural appearance of the building.

Contact Law Office

Time will tell whether the implementation of these rules require notification of the authorities of each transaction, or notice will be periodic. Contact Law Office continues to require consent for GUII opening offices in Turkey, contact the foreign companies and maintains a ban on business activities of these offices. This requirement permits the policies "do not need permission" for the stock societies. Obviously, the Government wants to prevent the opening of the contact office and streamline the process to attract more foreign direct investment. Transfer of funds requirement of the preceding law registration of licenses and patents, know-how, technical assistance and guidance in GUII contracts were canceled. As a result, contributions are requested by foreign investors in companies formed in Turkey, are no longer subject to a thorough inspection GUII. Only subject to the standard tax on income before deduction of taxes, foreign investors and their Turkish partners can now easily determine the amount of transfers and payments for technical assistance, as well as other terms and conditions of these agreements.

The law also says that such transfers and payments can be without any barriers translates into accounts of foreign investors in foreign banks. Investments in financial markets continued to distinguish the law, foreign direct investment from investments in Turkish companies trading in the Turkish stock market. However, any investment, leading to the possession of 10 or more percent of shares or control over decisions in the Turkish company, will automatically become dependent on foreign capital and, therefore, is entitled to the protection of the law.

St Petersburg Planned Construction

Geography demand areas, targeted for cottage construction, remains unchanged. The most popular resort area. In 2006, the average price Proposition weave here is $ 10-20 thousand / weaving, the highest price – $ 25 thousand / hundred part in Sestroretsk – up to $ 50 thousand / hectare. In the satellite cities of St. Petersburg (Pushkin, Pavlovsk, Petrodvorets) weave in the average price in 2006 – $ 4-6 thousand / hectare.

However, this land intended for an elite cottage housing (the segment of premium), the market is saturated for more than 90%, and these areas (as already built houses) sold poorly. Accordingly, we estimate growth average price in 2007 in these areas is not more than 15%, and the integrated result of return on investments in these assets is unlikely to exceed 15-18%. Weaving in Vsevolozhsk district last year was worth $ 2-5 thousand projected growth – 35-40% in 2007-2008. Along with a unique landscape and proximity to certain areas of St. Petersburg (with transportation access within an hour), this area is estimated by us as one of the most promising development in terms of “economy class”, so for a segment called “middle class”. The presence of objects in the sale area is located nearest to St Petersburg (Razmetelevo, Virk, Ozerki) offers a table of objects (average cost). Type Cost per 1 sq.m. Cottage in cottage settlement with all communications 387 500 rubles.

Plot IZHS 159 000 rubles. FER site, leasing 31 800 rubles. FER plot, the property of 51 280 rubles. In Priozersk weave average price last year amounted to $ 2-4 thousand Projected growth – no more than 30%. Given the saturation of the building above areas and the high cost of land in the short term we should expect the development of cottage construction in Gatchina, Tosno, Lomonosov and Kirov regions. Expensive especially likely in areas of Lomonosov, Gatchina (40-50%). They are located near the Western Ring Road semiring. This fact can seriously increase the demand. However, it is to within these areas will take away some business from St. Petersburg, which could adversely affect the ecology and dynamics of demand in these areas. Land the rest of the Leningrad region proposed in 2007 in an average of $ 1-2 thousand per hundred square meters. We predict a strong demand for these sites in 2008, so prices can be up to 40%. However, there is imposed and the remoteness of these areas of St. Petersburg. And accordingly, the data sites can not be viewed as objects of cottage construction for permanent residence, but rather as objects to organize the gardening season stay. This approach has advantages, such as construction does not require the costly installation of utilities and allows you to maximize financial results of the integrated yield investments. So no less than the risk of obsolescence sites, due to lower demand for plots with seasonal stay. Likely to happen shift in demand that is likely to be formed among the more low-income than the “middle class” segment of the population that should be considered when determining the price of the object and evaluation of the planned integrated financial results. The land plots for construction and investment projects in St. Petersburg and Len.obl. Translation and change permitted use of land of different categories. Making land.