Lake Placid Real Estate Tue, 17 May 2022 13:55:31 +0000 en-US hourly 1 Lake Placid Real Estate 32 32 Super Home Buyer Scheme could reduce super, increase home ownership Mon, 16 May 2022 19:00:00 +0000

So, is this the right way to organize society? What is the right balance between the money invested in the property and the super? How much should Australians be forced to sacrifice today to fund their retirement future? 9%? 12%?

Maybe a little encouragement to sacrifice current consumption to fund future consumption isn’t a bad thing, especially if it just means fewer vacations or eating out.

But it’s not so good when young Australians increasingly lack the funds to buy one of the most basic consumer needs of all: a house to live in.

Home ownership is the little-known fourth pillar of our retirement savings system, alongside old-age pensions, super compulsory and voluntary savings.

But as a pillar, it crumbles.

One of the best retirement safeguards is to make sure you own a home and aren’t paying rent yet.


The assumption that most workers will achieve this, having purchased and paid for a primary place of residence in retirement, is a key assumption built into our system. The old-age pension is only sufficient if you don’t also try to pay rent.

But the biggest financial benefit by far for most Aussies in buying a home is that it provides access to the wonders of ‘leverage’. In other words, the bank lends you a huge sum of money to immediately own – and be entitled to any earnings on – a large amount of assets.

There is no other asset class on which banks will lend so much, or to such a wide range of people. Nor is there any other asset class on which you will pay no tax on any capital appreciation.

I think young people should start a conversation about whether they want more of their money to fund their retirement rather than keeping more in their pockets to buy property.

By far the easiest way to achieve this would be to simply prevent the mandatory super guarantee from increasing to 12%.

Instead, the Coalition’s entire political approach is a complicated game of hokey pokey. You are forced to put more money into the super, then withdraw super money, then reinvest super money when selling the house. Presumably, a policy to help homebuyers “shake it all up” is pending.

As others have observed, this new Coalition policy, by facilitating access to large lump sums, should only drive up real estate prices in the short term.

Labor, it should be noted, has a particular blind spot when it comes to super. Keating is revered in the party for inventing super and apparently no attempt to raise mandatory dues is ever too much.


In truth, youngsters must yearn to both save a down payment for a house and contribute to a comfortable retirement.

By far the best thing politicians could do to really help them would be to stop forcing an increasing amount of their salaries into super, while addressing the underlying forces that are pushing required deposits up, to both increasing the supply of new homes and reducing investor demand. for them.

But I’ve been advocating this for almost two decades now.

Ah, the hokey pokey.

Land ownership by caste simply shifted places from rural to urban areas Sun, 15 May 2022 03:37:16 +0000 Urging the Dalits to urbanize, Babasaheb Ambedkar said: “What is a village if not a well of localism, a den of ignorance, narrow-mindedness and communitarianism”. While several positive advances have been made in the past 75 years in independent India, has urban India recovered from the “well of localism” and “close-mindedness”?

A joint study from 2015 to 2017, conducted by Savitribai University Phule Pune, Jawaharlal Nehru University and the Indian Institute of Dalit Studies, shows that 22.3% of advanced caste (FC) Hindus possess 41% of the country’s wealth. Using nationally representative surveys, Nitin Bharti of the Paris School of Economics empirically demonstrated the dominance of the wealth of advanced castes. The richest 10% (1st decile) owned nearly 60% of urban wealth in 2012. By calculating “inequality of representation”, which measures the extent of social segregation within a wealth bracket, Bharti shows that FC dominates the top 10% while Dalits, Adivasis and Muslims are overrepresented in the bottom 50%. It would therefore be fair to say that caste-based land ownership simply shifted places from rural to urban areas without commensurate socio-economic mobility of backward castes. Consequently, the rental housing market in the so-called ‘good areas’ of urban India continues to be dominated by the CF.

I am a Dalit and studied at Welfare Boarding School in Telangana then completed my masters degree in 2020 from Azim Premji University. Thereafter, I started working in Bhilwara, Rajasthan, where my quest to find rental accommodation began. Initially, I met a doctor through an online housing application. Since I am from Telangana, it was difficult to gauge my religion and caste from my surname. I recognized that I was Hindu when he asked me about my religion. He then turned to my food preferences and wanted to know about my parents’ profession. Feeling uncomfortable, I started lying and put on an upper caste mask. With great difficulty, I ended the conversation. Frightened, I no longer approached him.

My research continued and the general trend quickly established itself. First, I was asked if I am a Hindu, then there were follow-up questions about my eating habits. Some were less subtle and asked directly, “Kaunsa jaati hai tumhara (What is your caste)?” “. I also had difficulty answering questions about my “gotra”. In one instance, after a conversation about my place of origin and marital status, I said I was a Christian when the landlord asked me about my caste. Soon he said he had already rented the house to a Brahmin family. After many knocks on many multicolored doors, a new friend assured me that he had found a home for me. A few minutes after our meeting, and without any sense of irony, the owner of the house declared: “We are only looking for Brahmins. Are you a Brahmin? Before I could say anything, my friend stepped in and said, “Yes, he is.” I said that my mother is a teacher and that I am a pure vegetarian. Then the owner of the house asked, “What is your caste?” I mentioned the South Indian Brahmin caste name of an old friend.

The owner then called a Brahmin couple and they asked me, “Do you belong to OBC or SC?” I replied with a simple face: “No, general category.” After probing further, the couple finally gave up and said, “Okay. Don’t cook eggs or other meats in the house.” The owner then asked me to bring a copy of my Aadhaar card. I left with a feeling of dread and repeatedly looked at my Aadhaar card details to make sure my caste was not listed there. When I returned with my luggage, the couple came to examine my Aadhaar. I was worried because the address on my Aadhaar said ‘Ambedkar Nagar’. But I soon realized that they couldn’t read English or Telugu.

Finally, after finding accommodation, I had to live like a typical Brahmin because people stared at me all the time. But, I realized the power of being able to speak in English. Since the people around me didn’t understand the language, I started speaking in English all the time and now their questions have also diminished. My true identity remains hidden.

Mukkera Rahul Swaero is program coordinator at LibTech India in Rajasthan Suraj Yengde, author of Caste Matters, curates bi-monthly column “Dalitality”

Noe Valley CA Luxury Real Estate Agent – Home Buying/Selling Services Launched Sun, 15 May 2022 00:14:31 +0000

Black Label Real Estate, expert real estate agents based in San Francisco, California, have launched updates to their online services. Also serving Sonoma County, Napa County and East Bay, the company offers luxury property appraisals and sales, as well as concierge services and more.

More details can be found at

The recently announced services have been developed to meet the needs of clients looking to buy and sell luxury property around San Francisco, California.

The seller’s market in 2021 is more competitive than ever, with fewer properties listed and more offers made per home. With such a small number of properties on offer, finding the right place has become more difficult and the situation, while improving, is slowly changing.

Black Label Real Estate offers hope for San Francisco’s luxury real estate market, using cutting-edge technology to deliver high-quality customer relationship support, marketing and digital optimization services .

Committed to providing world-class residential real estate services, Black Label’s mission is to build a relationship with its clients based on trust. By developing these client relationships early on, the company can establish an appropriate timeline that helps clients successfully find their dream home as efficiently as possible.

In addition to selling and buying, Black Label also offers a home improvement concierge service designed to help clients sell their property for the highest possible price. Offering cleaning, repair, cosmetic renovation, staging, landscaping and more, the company strives to make a property as easy to sell as possible. Thus, 53% of buyers believe that staging a home reduces its time to market.

With the latest announcement, Black Label Real Estate continues to invest in the development of reliable, high quality luxury real estate services for San Francisco and surrounding areas.

A satisfied client said, “Black Label Real Estate represented me when I sold my house in San Francisco last year and I was really successful. It was in the middle of the pandemic and I expected the process to be a nightmare. I am happy to say that my real estate agent prevented this from becoming a reality. Their professionalism has made all the difference in the world. The transaction went very well and I received much more interest than I thought possible.

Interested parties can find more information by visiting

Contact information:
Name: Black Label Real Estate
Email: Send email
Organization: Black Label Real Estate
Address: 1160 Battery St. East Suite 100, San Francisco, CA 94111, USA
Phone: +1-415-347-0984

Build ID: 89074830

If you detect any problems, problems or errors in the content of this press release, please contact [email protected] to let us know. We will respond and rectify the situation within the next 8 hours.

countex tracking


Indian landowner wants answers after construction crew bulldozes his fence Sat, 14 May 2022 02:25:34 +0000

INDIAN LAND, SC Amanda Dunn loves horses. She keeps one of her horses and a donkey on her property on Indian land. His farm is just off busy Harrisburg Road. She says, “This road, as you can probably hear, is deadly.” She spent $10,000 to fence off her property to protect her animals and bystanders. She says, “I shouldn’t have taken the afternoon off, I had a good fence.”

She and a friend spent hours on Friday installing a temporary wire and T-bar fence, after construction crews leveled its post and rail fence. Dunn said, “They didn’t tell me they were coming to do this. They didn’t tell me when they did that. I have a lot of business trips coming and going for the next two months. What other fence will they knock down?

Dunn says it’s been difficult to get answers from anyone involved in the development of the Sugar Creek subdivision. She says, “I went to the state and got the plans that said they had nothing to do in that area, that it wouldn’t help traffic. So, I don’t know, they, I don’t know what they are doing. If only I knew.”

She says when her neighbors across the street saw what was happening, they tried to tell the construction crew to stop and were told to mind their own business. Dunn says, “It would be everybody’s business if my horse got on the road and killed somebody.”

The WCCB has emailed the Lancaster County Planning Director, engineering firm Ramey Kemp & Associates and the South Carolina Department of Transportation for answers on this flattened fence line. As soon as someone responds, we’ll let you know.

Property – Servitude – Wharf Fri, 13 May 2022 16:52:44 +0000

land court

May 13, 2022

Where defendant owners of a subdivision lot sought a preliminary injunction to restrain plaintiff from interfering with their use of an easement on plaintiff’s property to gain access to a wharf, that claim should succeed because defendants established that they are likely to succeed on their pretense that they value each…

]]> Estate agent, manager revealed suicide to property buyers, court rules Fri, 13 May 2022 01:01:26 +0000


The court dismissed the action brought by the buyers. Photo / Provided

Warning: This article is about suicide and could be distressing for some people.

Two property buyers have lost an appeal against an estate agent and his manager that they were not informed of a suicide

Payday Now Explained On How To Apply For Real Estate Loans in 2022 Thu, 12 May 2022 12:18:15 +0000 The first step in purchasing the house you’ve always wanted to know the basics of a real estate mortgage.

A real estate loan, often called a mortgage is typically utilized by buyers to finance the purchase of a property. When the no real credit check loan is approved, the borrower signs a formal document (known as a mortgage note) that guarantees to repay the loan in addition to the interest and additional charges over time. A mortgage to purchase real estate is usually one of the most cost-effective ways to finance a home. However, it can also be among the more difficult jobs that a new homeowner faces.

If you’re looking for mortgages to invest in real estate, it is essential to understand the significance of making plans. The process of applying (and being accepted) to get a mortgage loan can be complex and lengthy as it requires lots of documents, patience, and determination to complete. There are some simple actions that homeowners can take to expedite the process.

What Is A Real Estate Loan

“Real Estate” is a term used to describe “real estate” as a kind of loan used to finance purchasing property. There are various kinds of loans available to real estate investors as well. Each kind of loan has its own specifications for approval as much as terms and interest rates. It is important to investigate the options available prior to choosing one. Note the specifics of each kind of loan to ensure that you pick the most appropriate one for your circumstance. Although real estate loans typically are referred to as conventional loans for homes, you can find a variety of options to finance your home.

Commercial vs. Residential Loans

There are several loans available based on the kind of property you have whether it is residential or commercial real estate. Most commercial loans are arranged for larger sums in comparison to loans for residential properties. Investors usually need the lowest ratio of loan-to-value which is typically in the 60-80 percent range. Residential properties are not exempt, but investors might be able to get a higher LTV, contingent on the lender. Commercial loans tend to have shorter terms than residential commercial loans. Commercial loans are typically for between five and 20 years, while residential loans typically last for 30 years. Furthermore that rates of interest are typically higher for commercial loans but this can vary between lenders. Take note of these distinctions when you are considering the various types of property you are able to buy.

Real Estate Investment Loans

An investment real loan, in the real estate industry is the loan that is used to buy an investment property, not the residence that is used as the primary. While there are loans that aren’t applicable to investments, however, investors can be able to access a vast selection of different financing options. Furthermore, investors are able to enjoy the flexibility of choosing alternatives that have higher interest rates or the loan’s terms are less depending on the performance that the purchase. There are a variety of mortgages that are real to invest in real estate worth looking at.

  • Classic credit They are called traditional, and are also called mortgages, and are offered by banks and other lending institutions. They are usually approved and dependent on your financial situation and often don’t take future rental income into account. For conventional loans, buyers must place 20% down to purchase the house (or obtain the private mortgage insurance).
  • Private Money It is a kind of loan where investors loan funds to other investors. The motive behind providing personal money is the ability to generate more money by charging interest once it is paid back. This is the norm for real estate investors as the timeframe for approval is usually shorter (and sometimes it is more comfortable) in comparison to other financing options.
  • Home equity that is already in place: An alternative investor is taking advantage of the equity in the home they already own. This can be accomplished by using the home equity loan or equity line of credit (HELOC) or refinancing cash-out. Each has distinct requirements for approval and the conditions of loans, however, they work in the same way. Investors who choose to take advantage of these loan options have the possibility of using their capital to purchase additional properties.
  • Qualifiable Investment Loans There are various loan options available to buyers who meet certain requirements or want to buy property in specific locations. The types of loans are provided by VA Loans, USDA loans, loans for 203k loans, and more. While these loans aren’t suitable intended for everyone, they’re definitely worth considering because they may offer attractive conditions for loans. To learn more about the types of investment loans that are eligible be sure to go through the post below.

Hard Money Loans For Real Estate

Hard money real estate loans can be an excellent option for those looking to get credit without the need to undergo an extensive approval process. In contrast to a conventional loan for real property, they are secured by collateral (rather than the borrower’s capability of paying). If the borrower were to fall into debt, the lender would remove the property of the market which, in this case, the house. These loans are distinguished by higher rates of interest and generally last between one to five years. They are nevertheless an appealing option for real estate investors looking for short-term real estate loans.

Crowdfunding Real Estate Loans

Real mortgages for real estate that are made possible by crowdfunding allow investors to fund their projects using smaller amounts of money from a variety of lenders. Most crowdfunding transactions happen via the internet and can be done through several websites that support social networks. The appeal of a crowdfunding deal is that it allows property owners to reach a wider audience offering a different option to conventional financing. Crowdfunding real estate loans help investors advertise their businesses since they can promote the benefits of deals they’ve completed. If you’re interested in knowing more about the idea behind crowdfunding real estate, make sure you look at the graphic below.

Real Estate Bridge Loans

Bridge loans also referred to as gap financing, are short-term loans secured by the investor’s prior property. They can be used to acquire a new property prior to when the property that is currently owned is sold. It allows investors or homebuyers to “bridge” the gap from one property to another without the hassle of purchasing and selling. There are some drawbacks to bridge loans, for instance, they cost more in comparison to loans of other kinds. The borrower is also responsible for the cost of their mortgage or loan in addition to the bridge loan.

Real Estate – Laches – Petition to Compel Fee Purchase – Rhode Island Lawyers Weekly Wed, 11 May 2022 19:52:27 +0000

Supreme Court of Rotary

May 11, 2022

When (1) defendant Providence Public Buildings Authority in 2012 acquired development rights to land owned by plaintiffs and (2) plaintiffs in 2015 filed a motion to compel the royalty purchase, the decision of a judge to dismiss the motion should be reversed because the plaintiffs filed the motion in a timely manner. “In March …

]]> Avoid property disputes in the event of death Wed, 11 May 2022 11:26:04 +0000

A recent court case has highlighted the issues that can arise in a death where there is uncertainty as to the legal basis on which a property is held between co-owners.

This case follows a series of examples seen in my own practice where disputes arise due to a failure to execute certain documents or simply a lack of understanding of the ownership of a property, impacting on the intentions set out in a will.

Such issues can, in turn, lead to an unpleasant and costly legal battle.

Land ownership in this country is divided into two categories: legal ownership and beneficial ownership.

Legal ownership refers to the name or names under which the property is legally registered. Beneficial ownership essentially refers to the person or persons who benefit from the property.

An example might take the form of a family trust, where trustees are registered as the legal owners of property, but they hold that property for certain beneficiaries.

beneficial ownership

These concepts also become relevant when looking at co-ownership of property, where there are two ways to hold beneficial ownership of property.

These concepts are particularly important in the field of inheritance given the different application of the law to each type of beneficial owner.

Where beneficial ownership is said to be held on a “joint ownership” basis, it means that upon the death of a joint owner, their share automatically passes to the surviving joint owner.

The transmission of property rights in this way is often referred to as survival.

Most of the time, this means that with respect to the inheritance of property held in joint ownership, a person’s share of the property is generally considered to pass outside their estate – it is not affected by the contents of any wills that person may have left .

The alternative basis of effective co-ownership is that of “tenants in common”.

Ownership on this basis means that each co-owner has a separate share in the property, so that on the death of a co-owner their interest passes through their estate – it does not automatically pass to the surviving co-owner.

It is also important to note that the basis of beneficial ownership can change.

Generally speaking, such changes usually see co-owners seek to convert a condominium to co-ownership as joint tenants.

This process is known as “separation”. The most common way to break up a joint tenancy is for a joint owner to “serve” their joint owner with a notice stating their intention to hold the property as joint tenants in the future.

However, several cases, including a very recent case heard in Bristol High Court, have considered other means of dissolving joint tenancies – in particular by mutual agreement between joint owners or through a “course of business”. which suggests an intention for the property to be held on a common basis of tenants.

Realtor Lynn Drake releases new book, ‘Do You Speak Purchase’, about buying commercial properties for businesses Tue, 10 May 2022 17:07:02 +0000

Troy, MI – Lynn Drake, an accomplished commercial real estate broker, recently announced the release of her new book, “Do You Speak Purchase,” on Amazon.

A practical guide for business owners, Lynn brings thirty-five years of commercial real estate experience to every page so readers can learn how to purchase commercial buildings for their businesses. The accessible resource helps business owners not only identify properties, but also protect themselves during the process with decades of commercial real estate wisdom, terminology and advice. Interviews with industry experts shed light on what they do and why it matters, in a process that begins before the search begins and takes the buyer to sign the final closing documents.

The book’s approach makes it easy to understand the identification of offices, warehouses or retail spaces. It reviews the steps required to purchase such properties and shows readers how to avoid common pitfalls in the process. Every approach and recommendation offered has been tried and tested by Lynn through her own real estate experience, in which she has completed over 1,500 real estate transactions ranging from small business leases to the sale and purchase of industrial complexes.

“I am thrilled to announce this new book for business owners looking to secure their first commercial building for their business,” remarked Agent Lynn Drake. “A resource for all buyers, ‘Do You Speak Purchase’ helps business owners protect themselves with expert-level knowledge so they can identify and execute the best deal,” she added.

Founder of Compass Commercial, Lynn specializes in representing tenants and buyers in the United States. She previously worked at Kelly Services, where she managed its real estate portfolio business across North America in over 1,000 locations and quickly became known for her work in the commercial real estate market. His latest book follows the success of his 2017 title “Do You Speak Lease”, a must-read for those who need to lease office, industrial or commercial space and have been frustrated with the process of finding properties.

Get “Do You Speak Purchase” today on Amazon here. To learn more, visit or connect with Lynn Drake on LinkedIn here.

Media Contact
Company Name: Commercial Compass, LLC
Contact person: Lynn Drake Founder
E-mail: Send an email
Address:901 Tower Drive, Suite 420
City: Troy
State: MI 48098
Country: United States