property crash Archives
If the US, stock market crash, how would it effect us in singapore?
If the US biggest stock market crash in history, What is the effect on singapore, others than our currency go down. Investor in singapore?? property market ?? Cost of living ?? Interest rates in bank?? where all the $$ goes to??? I
Quick Property Sale
UK Property Predictions- Get the Facts Now!
Find out what is going to happen in the UK Property market in 2008.
The aim of this UK property predications article is to give the property investor or the average home owner an in depth insight into what might happen in the UK property market in 2008.
Firstly let’s take a look at what happened in 2007 and the early part of 2008.
The debacle of what happen in the subprime mortgage crisis sent a shock wave through the financial World. Northern Rock is probably the biggest name causality of the credit crunch, in the UK to date.
Any business that relies heavily on debt and borrowed money has been hit hard. Banks and financial institutions are tightening the purse strings and property investors are feeling the squeeze and many are nervously looking at other ways to reduce the risks in their portfolio. Investors are particularly nervous if they are coming to the end of any fixed term mortgage agreements.
There is a good chance new mortgage rates will not be as favourable, hence potentially taking thousands of pounds out of the investors pocket.
Are we on the road to another recession?
Many people are looking at the property market crash of the 1990’s and are wondering if we are heading down the same route now.
The bottom line is that there is always a chance we could be going down that same path; however, the likelihood of this happening today is currently very slim. The reason we are unlikely to be heading towards another property market crash is because there where two major contributing factors that helped bring down the property market in the 1990’s that don’t currently exist for us today, these are:
1. Unemployment was sharply on the rise.
2. At their peak, interest rates were almost 15%
How is capital growth going to be affected this year?
All indication are that property prices this year will be much flatter than they have been for a long time. In fact, for the first time in years we are now beginning to see a few months in a row where the average price of property in the UK is actually going down instead of up.
However, locations such as Scotland and London are still bucking this trend. For short-term capital growth there are no real safe bets at the moment, but the safest of what is on offer tends to be in Scotland and down south in places like London.
Nonetheless, there are still location in the UK that are potentially undervalued and should still see a slow but steady price increase this year.
What are the facts?
While the media is predicting negative equity and zero percent price rises this year, the truth is nobody really knows what the future holds.
However, when it comes to UK property predictions, history does prove one thing. Time and time again the media are using pure guess work when it comes to the property market and they more often than not, get it wrong. The job of journalists and reports is to sell newspapers or get people to watch them on TV. Unfortunately, often times this means sensationalising stories which in the end, end up having little resemblance to solid facts.
At the heart of the UK property market is the basic law of supply and demand. So, while demand far out strips supply then we can confidently predict that long term prices will increase. There are also important economic and social factors that have to be analysed at the same time, but as a general guideline, this law normally holds true. However, that is not to say that in the short term they won’t remain stagnant or even go backwards.
The Good News.
There has been a recent announcement that the Bank of England is going to make 50 billion pounds available to lenders in the UK to try and revitalise the flagging mortgage market. This is an extremely proactive and unprecedented measure to try and keep the UK economy as stable as possible.
Now, it may take several months for property buyers to feel the benefits of the money, but long term it should help to ensure the economy does not end up in the same mess as it did in the 1990’s.
The Conclusion.
Even though 2008 is likely to be a volatile year for property owners, for the astute investor who has a big cash reserve and knows where to locate the undervalued properties, because of less competition from other investors who are trying to sit out the current uncertainty in the market, this year could prove to be one of their most profitable ever.
Repossession
is the property market in the uk about to crash?
would you buy a house now or wait til after easter or even longer to determine if it’s worth buying at all this year
Sell and Rent Back
Is it right for these people to ask the government to seize someone else’s land?
The place where flight 93 crashed. The person who owned the property wouldn’t sell to the families of the crash victims. So the families were asking the govt. to seize the land from this guy just so they could build a memorial there. Would they like it if the govt. seized all of their houses?
Repossession
Car accident, not my vehicle, not my fault on private property am I liable?
I was about to pull out of my apartment complex when all of a sudden I heard a crash. It was a Hyundai that hit the right side of my dads truck and his front bumper got knocked off. I was at the exit first and there is limited room for two cars. He is blaming me. I say he should have waited his turn since only one car at a time can exit.
Quick House Sale
How far will the BofE go in cutting rates to stop the property market crashing ?
http://uk.reuters.com/article/topNews/idUKLAC00278620080408?pageNumber=2&virtualBrandChannel=0
Quick House Sale
If you had a part of Yahoo!, then ‘computer’ crash trans-transaction, any that lost at the time think a loss?
–
Hypothetic (not instance related):
1 there are guys that had computer crash early in electronic transfer utility, because of intentional or ignorant. unsanctioned password use, or (unawares) infiltration of business
2 some thought a transfer and the records showed either something was upstaged or later a supposed decision.
3 ownership was pre-empted.
4 my take is that one cannot lose the purchase, and an intent to keep an original offer, .com, or personal preference in an original new communications medium property or researched purchase is not refutable, if one did not sell, but lost because of a work tool crash or could not hold, because of employee or nuisance.
5) “4″ should not be difficult to show, not only because private records show in D.O.S. and Apple electronic medium, but duration to present of tributaries and track.
_____
Quick House Sale
Does Obama want civil unrest or does he truly believe he is helping?
I think he wants civil unrest and here is why. He can not effectively “change” anything without it being dismantled and destroyed and then rebuilt. The economic crisis is a perfect example of this.
Step 1: Pass legislation that increases government power with the so -called good intention of helping the economy. Some parts of this legislation actually circumvents the constitution and state rights.
Step 2: When this legislation passes and fails then this will cause an upset because the economy will crash, high taxes will be implemented on all classes and those who can’t pay, their property will be confiscated by the government
Step 3: The mass confiscating of private property will cause massive riots and civil unrest. Obama will have no choice but to enact martial law (which basically removes the the rights of police and states from controling citizens while using the military or a military type force to enforce curfews and detain people who are perceived as a threat to the public and the government. This also does away with habeas corpus-protection from unlawful imprisonment)
Step 4: Once Martial Law is enacted then the constitution can easlity be dismantled or re-written. This has actually been used in other countries just for that purpose and also it has been used to quiet political opposition.
I feel sorry for those who keep burying their heads in the sand because they have no clue that our rights can be gone in a blink of an eye with some well placed government strategies and by the time these people figure it out, it will be too late.
Rent Back
how does an insurance company decide what to pay for vehicles totaled in a crash?
We have 6000 owed on our car and got hit by a truck who was at fault we both have insurance but i would like to know if the insurance will pay what is owed or will they only give the kelley blue book value. And is that based on the trade in value , private property value, or suggested retail value? Any help would be most appreciated. Thank you for your time.
Rent Back Fast








