Shipping Container Houses:
Shipping Container Houses:
Shipping Container Homes: The Economical Choice Shipping container homes make sense from so many standpoints. Most importantly, it’s a cost-saving solution. A container home in St. Paul, Minnesota at 1800 sq. ft. cost $133 per sq. ft. to build. A container home in Redondo Beach, California cost $180 per sq. ft. to build. A cost of $150 per sq. ft. for a container home is not uncommon. These prices are for homes that have many custom design features at tract home prices. One of the first shipping container homes in America was a house built in a blighted North Charleston, SC neighborhood in 2004 with the help of North Charleston and U.S. Housing and Urban Development funds. This project was seen as a prototype for renovating poorer neighborhoods. If container homes can be an economical way of building in the U.S., think of the potential for shipping container homes in developing countries. The non-profit, Global Peace Containers, is building schools and other structures out of shipping containers in Jamaica. The organization’s mission is: “1. To provide the organization and process to respond properly to situations where there are clearly established needs for low-cost, emergency, transitional or permanent housing and community buildings. 2. To instruct and empower the people to undertake the conversion of international shipping containers to meet those needs, and in so doing, develop their own capacities to help themselves in times of emergency and improve their economic condition.” (See GlobalPeaceContainers at Firmitas.org.) Global Peace Containers finds that these buildings can be put up in a matter of days with unskilled and semi-skilled labor, using equipment readily available in developing countries, and with recycled materials such as used shipping containers and scrap sheet metal. In Jamaica, like other developing countries, a building as large as a school made of containers costs around $12,000. Several architects have developed easily transportable emergency housing out of shipping containers. These temporary shipping container homes can be deployed quickly and in large numbers to house refugees and victims of natural disasters. See the information at Firmitas.org about FutureShack. Whether the rationale for building an economical home is to provide temporary housing to refugees and the homeless, to build affordable housing for people who could not otherwise afford a home, allow a homeowner to upgrade to designer quality at tract home costs, or to help middle class homeowners afford a home in an expensive area shipping container homes are an economical answer.Mike Sanders has written for Shipping-Container-Housing.com since 2004.
Source: www.ArticlePros.com
Low Letting Fees - Too good to be true
With the huge slow down in house sales the property market is seeing an increase in demand for rental property. Some letting agents are starting to cut their commission charges hoping to increase their property stock of which they can immediately offer to registered tenants. A high turnover of properties will result in much needed revenue flowing into your agency. Such a de-crease in charges will suit some landlords or investors amidst the credit crunch but long term this could not only damage your reputation as an agent but could put considerable strain on your agency. Landlords are well aware that a letting agent offering low fees will be cutting operational cost else where which could result in their property not being advertised properly or tenancy agreement not being executed correctly due to a junior member of staff with little experience dealing with the set up. Most agents will agree that there is a lot more to letting property than simply advertising it in the local paper. A lot of time is spent preparing brochures, conducting viewings, vetting prospective tenants, setting up agreements, conducting inventories and checking in tenants. All this of course costs money to do properly and takes a considerable amount of time & resources. Landlords will naturally want to keep their costs down and you will always find customers wanting a competitive rate. However, agents offering landlords exceptionally low fees face the risk of lower profit margins, which will make it hard if not impossible to survive the credit crunch.Generally fee cutting tends to prove unprofitable, unsustainable and even costly, which could cause your agency to fold. When landlords choose an agent they do not base their decision on price alone, but also consider experience, reputation, professionalism, qualifications, marketing budget, to ensure your agency attracts a large number of tenants through its doors and overall service. If you feel your agency needs a competitive edge try to focus on other areas of service rather than simply price. For example you could consider a sliding fee for landlords that place more than one property with your agency, or you could add value to your charges by offering a service or product that costs your agency little or nothing to set up or provide. You could even consider offering a bundle of useful information to new landlords explaining everything a landlord should know before letting their property. In the current climate with a number of non experienced home owners renting out single rooms to full houses there is no better time to create a helpful first impression of your agency; in the long run the home owner should return to you to let their property. To sum up, there is nothing wrong with healthy competition and being competitively priced, if your agency is able to offer a service towards the cheaper end of the market then do so. Bear in mind there are many companies that target high end consumers and make substantial profits. If you’re going to cut your prices then do so in moderation and avoid cutting your throat.Benjamin Perry CEO of online-lettings.co.uk The Specialist lettings website where you can find a local <a href="http://www.online-lettings.co.uk" >letting agent</a> and view <a href="http://www.online-lettings.co.uk" >flats to rent.</a>
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Loan Fraud
Each year uninformed homebuyers, usually first time purchasers or seniors fall victim to predatory lending known as loan fraud. True, there are many lenders, appraisers, brokers and other real estate professional that legit ably want to assist you in obtaining a nice comfortable home with a great loan but always remember that trite phrase buyer beware. Buying or refinancing a home is one of the most important financial decisions that we make, it is vital to learn as much as we can about the home loan process. That is why I decided to list the most important steps you can take so you won’t become the next victim of loan fraud. Step one is to Beware of false appraisals. You should have a good idea of what houses appraise for. Step two is to take your time and shop around. Competition is great for consumers. If you don’t appreciate one lender’s offer, there is always another one waiting. Step three is be certain that the costs and loan terms at closing are what you originally agreed to. Step four is do not be talked into lying about lie about your income, expenses, or cash available for downpayments in order to get a loan. Step five is get several quotes from multiple brokers or lenders so you know you’re being charged a fair interest rate based on your credit history, not your race or national origin. Step six is watch out for higher-risk loans such as balloon loans, interest only payments, and steep pre-payment penalties. Step seven is be careful about disclosing things like your need of cash due to medical, unemployment or debt problems. You are very vulnerable in these cases. Step eight is do not sign a sales contract or loan documents that are blank or that contain information which is not true. Step nine is don’t strip your home’s equity by refinancing again and again when there is no benefit to you. The Final step is do not let anyone convince you to borrow more money than you know you can afford to repay. If you get behind on your payments, you risk losing your house and all of the money you put into your property. <A HREF="http://www.cerebrine.com">Loan Fraud Home</a>
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