Professional House Renovation by Dream Design Property

Everyone dreams of an ideal home to live. It needs a lot of attention, maintenance and proper care from time to time. You need to undertake various changes and do proper renovations inside as well as outside so that your property looks beautiful and appealing. Many home owners consider renovating their living space by themselves, however, it is advisable to hire a general contractor or a service provider for any kind of renovations or additions. These professionals are highly skilled with great experience and will provide you with the best results on time and on budget. Renovation or any kind of additions to your home not only add elegance to your property and make it more attractive but also it increases the property value.

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Dream Design Property Highlights 5 Reasons Why Most People Fail at Property Investment

Zaki Ameer, real estate expert and Founder of Dream Design Property (DDP) says, "Although any asset is an achievement in itself, success to most property investors is really determined by their ability to continue purchasing real estate. Unfortunately, so many Americans save for their entire working lives to be able to afford an investment property, but very often once they achieve this, their progress remains stagnant because they aren't sure of what to do next."

There are currently over 28.1 million property investors in USA [1], and although this number may seem significant, statistics reveal that the majority struggle to maintain or grow their success after initially entering the housing market.

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Are You Looking for Commercial Loans? This Guide will Help You

For buying commercial property in Australia, many people apply for commercial property loan under different heads. The lending policies and amount of loan significantly vary from commercial loan to residential loan. However, the basic rule is banks approve 80% of property value as loan value to both residents and non-residents of Australia.

Depending upon the nature of property and residency status of a borrower, a person can apply under one out of following categories of commercial loans:

• Low Doc Commercial Loans – If any person does not have any concrete proof of his income, he can apply for low doc commercial loans by using Bank Account Statement or Accountant’s letter.
• Lease Doc Commercial Loans – It is granted when borrows shows that the rental income is suffice for paying the interest payments of loan. In this kind of loan, a borrower needs not to show any tax returns, pay slips or financial statements to a lender.
• No Doc Commercial Loans – Obtain no doc commercial loans without any document. However, banks have stricter criteria while granting these kinds of loans as high interest rate, not all commercial properties qualify for no doc commercial loans, etc.
• Specialized Loans – These kinds of loans granted for specialized commercial properties like hotels, pubs, aged care facilities, etc.
• Franchise Loans – Franchise loans available for commercial franchises like Subway, Domino’s, Pizza Hut, etc.

The total loan amount, tenure, rate of interest, etc., varies significantly from one loan to another and so is the loan approval time. If you want to apply for the loan in hassle-free manner and looking for approval in one go, it is necessary to hire professional services of property investment and management company like Dream Design Property. The company helps worldwide clients to obtain all kind of loans on commercial and residential properties in the fastest possible manner. Moreover, it assists clients in selecting right property also at the best possible market prices.  So, if you are not sure about which loan to apply, seek the assistance from property experts.

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Understand Property Investment Rules in Australia before Investing in Commercial Properties

Australia is fast becoming one of the best destinations for property investment. Stable economy and engaging lifestyle compel few people to stay here permanently while others end up making property investment in the country. If you are a non-resident of Australia and planning to purchase a property, try to understand certain rules pertaining to purchase of commercial property in the country.

In the country, commercial land means any building on the land or seabed of the offshore area where:

·         Not more than 10 number of dwelling can be built

·         Land is solely used for primary production business

·         One dwelling (beside commercial residential premises) is already present

All foreign investors need to seek approval from the Foreign Investment Review Board (FIRB) before purchasing commercial property in the country. Certain category of buyers is exempted from the rule. These buyers are:

• Australian expats
• Australian citizens
• New Zealand citizens
• Permanent Residents (PR)

Along with approval, non-residents need to submit FIRB application fee also which vary for developed commercial land, vacant commercial land, agricultural land and land used for exploration, mining and production. Similarly, there are certain set of rules with regard to commercial property loan granted to non-residents or foreigners in Australia. Other domains like stamp duty and property taxes also need to consider. So, if all these restrictions are holding you back for making commercial investment in the country, need not to fret. There are many real estate agents in the country that has been helping people by completing all legal formalities on their part.

Dream Design Property is one of the leading Property Investment and Management Companies helping residents and non-residents in choosing the right residential and commercial property. Moreover, the company also helps its clients in completing all legal formalities in the most effortless manner. So, simply speak to company’s professionals, disclose your requirements and your status (resident or foreigner), they will offer property investment solutions accordingly.