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Cancun Luxury Residences - Luxury Properties
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The number one source for luxury homes for sale in Cancun
Our extensive list of luxury homes for sale enables you to search and browse unique properties from Cancun, including Bahia Mujeres, Riviera Maya, Mayakoba, Banyan Tree, Capella Bahia Maroma, Nizuc luxury Residences,Playa del Carmen and Mexico.
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Cancun Luxury Villa Rentals - Condos and Vacation Rentals
Cancun Luxury Villas Rentals - Whether you need a Luxury Villa, or a Resort in the perfect oceanfront setting for your dream vacation, Cancun Luxury Villa Rentals has what you want. Choose from many unique properties throughout the Cancun area.
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Luxury Home Magazine Opens Two New Publications & Hosts Lavish Seattle Luxury Real Estate Event
Luxury Home Magazine expands with new publications in Westchester County, New York and Silicon Valley, California. In Seattle, Washington a $6M+ Queen Anne estate serves as a dramatic stage for an all out "Luxury Event."
Real Estate Foreclosure Services - Arizona Short Sale Office Offers Foreclosure Help To Home Owners
Arizona Short Sale Offices Offers Home Owners Real Estate Solutions For Alternatives To Foreclosure. Behind on Payments, auction date has been set, owners of real estate has options to stay in your home. Phoenix Foreclosure Assistance is Available through the Arizona Short Sale Office which offers government assistance through FHA secure programs.
Fishing in Cabo San Lucas, Mexico
Fishing in Cabo San Lucas If you are interested in the finest Marlin fishing year round; Cabo San Lucas, Mexico is the place to go. With an abundance of Marlin populations, Cabo San Lucas is known as the ?Marlin capital of the world?. The beautiful blue waters of the Baja Peninsula bubble with bountiful Striped, Black, and Blue Marlin.
Casa Dorada, Los Cabos, Resort & Spa, Opening January, Ups the Ante in Cabo San Lucas
Highlights of the new, deluxe beach resort include a Saltwater Spa, Global Cuisine inspired by the Bible's 12 Tribes and 13 Stunning Penthouse Suites.
Kids Stay Free with Last Minute Savings at Cabo Resort
Families can rack up last-minute savings this summer and fall at Marquis Los Cabos Beach, Golf, Spa & Casitas Resort, where the Sea of Cortes and the Pacific Ocean meet, with the property's first family getaway. The Family Deal accommodates two children 12 years of age or younger at a complimentary rate when they share a Junior Suite or Private Pool Casita with their parents (up to four people in one room). Guests save up to 20% on accommodations and receive complimentary extras.
Cabo Riviera Marina and Golf Resort to Begin Construction on the East Cape of Baja
The East Cape of the Sea of Cortez has long been know for world class bill fishing but without a Marina to harbor larger sport fishing boats. Cabo Riviera will solve this problem with a new Marina and Golf resort located in La Ribera, BCS, Mexico. Over 400 channel lots will provide waterfront moorings for home buyers along with two five star resorts as anchor tenants.
New Take on Luxury Beer Lounge in Cabo San Lucas, Mexico
Over 60 Beers Offered at The B Lounge on Medano Beach
The Villa Group's Desert Spa Makes a Splash with Grand Opening in Cabo San Lucas
Baja's largest spa facility complements trio of properties on El Medano Beach.
Why Corporate Jet Charter Services Are More Beneficial Than Owning A Private Jet
In the face of fierce global competition, cost efficiencies, and lurking terrorist threats, air travel became a burden instead a pleasure. Suddenly, time is a luxury, flexibility is critical, and safety the utmost priority. The tragic September 11 attacks further reinforced the need to increase security in every airport around the globe. Given these mounting challenges and growing passenger dissatisfaction, corporate jets are here to save the day. Moreover, travelers have an option to either use corporate jet charter services or purchase their own corporate jet.
Private Luxury Community Desert Mountain Debuts New Luxury Golf Course Real Estate Home Series: The Haciendas
Premier private community in North Scottsdale features courtyard style homes.
Jets.Com Launches Luxury Brand Partnerships Luxury Jet Charter Company JETS.com Launches Strategic Brand Partnerships on Board Select Flights
JETS.com, the leading online private jet charter auction, has formed strategic brand partnerships to offer luxury items on board select private jets.
Cabo Sport Fishing is Like a Box of Chocolates
As Forrest Gump would say, you never know what you're
going to get.Not too many things get me more excited than the prospect
of hooking and landing big fish.
ViSalus Sciences Rewards Top Distributors With Vi-Cruise Voyage to Cabo San Lucas
ViSalus Sciences, a wellness company leading in the developing of nutritional solutions, rewarded its top distributors with a five-day cruise to Cabo San Lucas in the company's third-annual Vi-Cruise. The Vi-Cruise was a way to thank distributors for sharing the innovative ViSalus nutritional supplements with others.
Diva Limousine and Halcyon Jets Form a Strategic Alliance to Provide Seamless Luxury Jet Charter and Ground Transportation Services to their Elite Cli
This strategic alliance will give both companies a clear leading-edge in the marketplace as well redefine luxury jet charter and chauffeured ground transportation service.
Executive Jet Management Expands Midway Airport Charter Office to Address Increasing Demand for Charter Services
Executive Jet® Management (EJM), a leading provider of worldwide private jet charter and aircraft management services, has expanded their Chicago Midway Airport office.
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How Meaningful are Real Estate Appraisals?
Real estate appraisals are totally subjective and often are not an accurate way to determine the value of a property in some markets. Since the recent sharp decline of property values and the new loan guidelines by lenders, not even the most professional appraiser can any longer say with absolute certainty what a property is worth. Real estate appraisers can and will give a subjective value for what a property should be worth, but even these numbers are open to scrutiny.
Because of infrequent sales, the offering prices of homes in some areas of the country are sinking faster than homes are selling. So anyone looking at comparable sales is seeing sales from months before that traded well above what a similar home can be bought for currently. This phenomenon occurs when home sellers become desperate to sell and believe that only the price of the home matters to a buyer. Unfortunately, for other homeowners, this panic to sell brings down values throughout the neighborhood.
An appraiser will readily admit that his price estimate or appraised value of a home is an educated, but always subjective guess. In the final analysis, his strongest parameter for pricing a single family residence is a comparable sale in the same neighborhood. Unfortunately, these comparable sales can be skewed by a number of factors including distressed sales, seller concessions at closing that are not part of the public record, transfers for estate or tax purposes, realtor commissions included in the sales price, long periods between sales, and property exchanges that use a factious market value as a basis for the transfer.
I know an individual who recently sold his home for $405,000, which was well above fair market value of $340,000 for his neighborhood. At closing he paid a $24,300 realtor's commission, gave the buyer a $15,000 seller's concession at closing, included his new furniture which he just paid $16,700, and paid closing costs for the buyer of $5,800. His net on this transaction was $343,200. However, an appraiser will see $405,000 on the public record and if he used this value to determine the cost per square foot as a guideline, his appraisal would be too high for the next property. The appraiser will see that the property was sold through a realtor?, but he will not know about the seller concession or furniture which overvalue the sale by $31,700. Similar homes in this area were listed at the same time for $310,000 to $330,000 but hadn't sold, so how much value should be placed in the $405,000 sale?
I recently received a call from an excited investor about a seller who was asking $200,000 for her property which, according to ten comparable sales, was worth $280,000. The investor had used a ? mile radius and six months previous sales as his parameters. By simply adjusting the comparables to a ? mile radius and two months back, the comparables showed $212,000 as a fair market value. What a difference a ? mile and a few months make to the expected sales price or value of theproperty. Had the investor jumped at the "opportunity" to purchase the property below market value, he certainly would have suffered a loss when you include carrying, sales, and repair costs.
In summary, in this market, the way for an investor or homeowner to get the best estimate of what a property is worth is to start with the moststringent guidelines, specifically, one month previous sales and only those within ? mile of the subject property. Next the seller or buyer should look out ? mile and back three months at actual sales to get comparable values. Most importantly, it is now imperative that buyers and sellers look at open listings on the MLS (Multiple Listing Service) or on Realtor.com and carefully check the sale by owner offerings in the neighborhood. Armed with this information, a buyer or seller can get a significantly better idea of FMV, even if it is not what he expects.
Dave Dinkel has over 30 years experience in real estate investing which has given him a unique perspective into the workings of the real estate market. He has developed a CD entitled "How to Sell Your Home in as Little as 72 Hours", available at no cost for a limited time by going to http://www.fsbotlc.com and he shares even more techniques and secrets in his homeowner's home study course at http://www.fsboautopilot.com
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