Buying A Home And Living In Crete – Property Owners Express Their Opinion On Why They Chose Chania

Ten years ago people from abroad looking for property in Crete were not that many. However, real estate develops and today it is quite a popular destination. Among the reasons attracting villa and property seekers in a place, is its unique character and natural landscape. Therefore, a question is generated: what happens today, when most areas have more and more houses built not for locals but other nationalities too?

In an article published in the local Cretan newspaper “Haniotika Nea” on the 19th of April, 2008, the testimony of Tony and Mary Shuttleworth is featured, a couple from Wales in Britain. Tony and Mary bought a property in the area of Apokoronas and moved into their property on January 2008.

Tony said “We had visited other places in Spain, Portogual and Turkey but this was the one. We were coming to Crete for holidays for ten years. When we retired, we decided that we wanted to live here permanently. First of all, people here are special and friendly. We recall the day we were expecting some of our belongings to arrive from Wales and the banks were closed so we could not withdraw money to pay the transport company. They delivered them to us and said not to worry about it and that we can pay them whenever we have the money. This is something that would never happen in England!”

Mary also added that “Of course the weather is excellent as well”. Tony agreed and mentioned that when he sent some photographs from his house to some friends from the south, the snow caped mountains could be seen, while from the north laid the sea and Souda Bay. “My friends were amazed on how a single place can enjoy a winter view combined with a summer view.”

Another aspect in which they both agreed was security. “Criminality in Crete is so small compared to England. Additionally, in the village we can find most of the things we need while the city of Chania is only 20km away”. Originally most people they knew told them they could not understand how they could leave their families and home town to move to Crete. Now they tell them they are very lucky to live in a place with such excellent weather conditions. Many, still ask them “Is it worth it?”. Tony and Mary answer: “Yes but you need to be careful when selecting the company you are going to work with. We also recommend coming here for holidays first and then in deciding if it suits you”.

Another interesting aspect is supplied by some local neighbors and friends of Tony and Mary: Vasili and Eleni. Eleni says “The majority of the people coming here become part of the local society by building relationships and learning the traditions, customs and even the language. They are also impressed by things like the Free State owned Health or Medical Center services offered. In their home countries they were used to paying for everything”.

From the above, it becomes obvious that the real estate development has not tempered with the Cretan spirit or its culture. At the same time the strict legislation confining building outside housing plan has helped in maintaining with the originality of the landscape.

However, the article in “Haniotika Nea” also mentions how there has been an increase in complaints from international citizens who bought new build houses from construction companies and are facing problems.

This is where Real Estate offices may supply substantial help to all property seekers with additional options of key ready houses or advice on how to deal with construction companies. They may also operate as an additional local communication channel for the home owner. So buying a property and living in Chania, Crete, either permanently or for holidays, can be an excellent experience as long as you choose the right persons to help you do it.

Tips to Sell Your Home and Rent it Back to a Specialist Company

There could be many reasons why you would want to sell you home and rent it back. Perhaps you are considering emigrating, are going through a divorce, just want to enjoy your retirement and use the equity in your home, or maybe you are facing imminent repossession of your property. There are specialist companies who can help you; they will buy your home, give you a fast cash payment in as little as 7 to 10 days, and then give you the option if you choose of renting the property back.

If going through a divorce this can be the quickest way to make a sale and split the proceeds which can help you get through what would already be a very stressful and upsetting time. There would be no having to contact estate agents and therefore no fees, also no need for a valuation of the property as this would be done through the company you chose to go with. You also wouldn’t have to payout for expensive solicitor’s fees or have strangers coming to view your home at inappropriate times. You also wouldn’t be let down by chains that are broken which could affect the sale and which could mean it might fall through.

If you were of retirement age and wanted to enjoy life to the fullest but also didn’t want to move home, then a sell and rent back scheme could be just the deal for you. You would be offered around 85% of the value of your home in comparison to a valuation by the estate agent, however bear in mind that many homes do not go for the price the estate agent suggests. In fact it is normal for them to knock something off the appraisal value, which is set high to begin with, in order to sell your home. You could then come to an agreement with the firm to pay monthly rent which is affordable and remain in your home. You therefore have the luxury of having a large sum of money to do whatever you wish, while at the same time not having the hassle of moving.

For those who are faced with increasing debt problems and who cannot find the monthly mortgage, then sell and rent back is a very viable option. The rent you would be asked to pay in order to be able to continue living in the property would be more affordable than paying a mortgage with increasing rates of interest. You would not have the worry each month, or fear that repossession was just around the corner or the shame of having to say goodbye to neighbours. The whole process of selling and renting back is undertaken by a specialist company, even if proceedings have started and you have been taken to court, going down this avenue can still put a stop to your home being repossessed.

Even if you just want to free the equity in your home fast a sell and rent back company would work. Say for example you have been looking to move and have found your “dream” home but you need cash to hand to buy it quickly or put down a large deposit. In this situation a sell and rent back company is by the far the quickest way to sell.

Benefits of Investing in Dallas Foreclosed Homes and Tips to Follow While Investing

If you are looking for an affordable investment in a good home, you can benefit copiously from Dallas foreclosed homes. The city is on of the safest and most attractive places in America. It also provides various housing assistance programs that make home buying easy for even first time buyers.

There are several benefits of investing in Dallas foreclosed homes:

• Big Bargains: Dallas Foreclosed homes are often sold at half the price. The properties offer instant equity to the buyer and come equipped with amenities that save a lot of headache to the home buyer. You can even negotiate to buy at a low price and resell for a profit after making some repairs.

• Good neighborhoods: Dallas is the third largest city in Texas and 9th largest in the nation. Dallas foreclosed homes are available in some very attractive neighborhoods and communities like Lake wood, Preston Hollow, Lake Highlands, White rock lane etc.

• Centre of business: Dallas is a busy business centre with many companies calling it home, like Southwest Airlines, American Airlines etc. Dallas-Fort Worth metro area has the largest concentration of corporate headquarters of publicly traded companies in the nation. Dallas has 12 Fortune 500 companies.

• Cultural and recreation centre; The Art district in downtown is home to several art venues including Dallas Museum of Art, Nasher Sculpture Centre The city operates 406 parks on 21,000 acres. It is home to Texas’s first and biggest Dallas zoo. Dallas is home to 17 separate lakes. It hosts the State Fair of Texas that brings millions of tourist money to the economy.

• Sports and Education centre: Dallas is a centre of education in South Central U.S.A. It has several prestigious institutions of higher learning like South Western Medical School of the University of Texas, Dallas Baptist University etc. Dallas is home to Dallas Mavericks (NBA) and Dallas stars (NHL).Dallas is one of only 16 cities included in the Rugby super league, starring Dallas Harlequins.

For investing in Dallas foreclosed homes, you must bear in mind the following tips:

• Confirm the date of auction and the venue
• Inspect the property: Conduct a personal visit to ascertain the actual condition of the property.
• Inspect the neighborhood: Make sure it is livable and ascertain property values
• Apply for the bidding: Register for the auction at least a day before the bidding starts.
• Keep yourself up to date: Keep up with information on Dallas foreclosed homes at the County clerk’s office
• Negotiate a reasonable price: Make a reasonable bid keeping in mind all costs of the property.

Thus with several benefits and tips you are ready to invest in Dallas foreclosed homes and make a good bargain.