Monda – The Reasons Why Foreigners Bought Property There

Monda is a medium sized village located 17km (a little over 10 miles) away from Marbella along the A355. This is a modern stretch of road which means that the journey from Monda to Marbella takes approximately 10 to 15 minutes.Historically, many expatriates bought property all along the coast ignoring the inland regions partly due to having a relatively poor infrastructure in terms of accessibility as well as to services and amenities. As property prices increased on the coast, many buyers not being able to afford the prices property commanded at the time, started looking inland as opposed to the on the coast; many property buyers were also in search of the “real Spain” as opposed to the expat bars springing up left right and centre. Gradually, demand grew and investment in infrastructure fuelled the search for inland properties. One of those towns/ villages which benefited considerably from this new market is Monda.The reason Monda is such a popular destination for foreigners searching for property is due to its typical Spanish town feel, friendly atmosphere, good infrastructure and relatively low cost as opposed to the coast.Many expatriates purchased property in Monda and in the immediate vicinity such as the Alpujatas which is a natural area on the outskirts of Monda intersected by the A355. Property prices attracted many buyers as well as at the time being able to source planning permission to build detached villas with swimming pools. Those in search of becoming a part of the community settled to live in the town itself. As more people moved to Monda, the number of businesses grew, many of them being set up by expatriates such as bars, shops, mobile services and guest houses just to mention a few.There are numerous buildings of interest in Monda, one of them being the Castle which is perched high up on the hill above Monda and visible upon approaching the town. There are many different historical versions as to its origins and there is no precise date in which it was built. It has been destroyed on a number of occasions during the numerous wars it has witnessed over the centuries. A further building of interest is the Old School House in Monda. This property is situated in the centre of the town and is a property which most tourists visiting Monda stop and photograph. Partly due to its ornate fa├žade and for its historical significance in the village as a local School House which ran until the 1950’s. This property in Monda was bought by foreigners who restored it and converted it into a family home maintaining its traditional and original features.Even in recent times in which property sales have been in decline and prices have dropped throughout the Costa del Sol and inland areas, Monda still remains a popular destination for foreigners in search of “living the dream”.

Finding the Right Short Sale Agent for Help

If you have decided to short sell your home, it is critical to take the time to find the best real estate agent to give you short sale help. An agent experienced in distressed property sales will make all the difference getting your lender to approve your request in the first place as well as successfully negotiating with your lender for the forgiveness of any outstanding debt. Three important qualities to look for in a real estate who negotiates shorts sale are:
experience in debt settlement negotiations
high success rate in closed distressed property sales
a personal interest in seeing the job completed
First, experience is a top factor when you are looking for short sale help. You shouldn’t hire just any real estate agent for a short sale. There are many certifications that real estate agents can obtain, but you want to make sure you are hiring someone who has actually handled plenty of short sales, instead of just sitting in a class or taking a test. Preferably, you want to find an agent who has experience in your local area and has handled short sales with a number of large lenders. Stick to working with agents who have closed over fifty transactions and five in the last six months. This will tell you if your agent is aware of the constant changes in guidelines when it comes to selling a home.Next, you want to verify that your agent has a successful record. You should find out not just how many short sales the agent has been involved in, but also out of how many clients with whom they have worked, how many actually sold their home? A good percentage is 90% or higher. If you can find an agent who is recommended by other agents or who can produce testimonials from past clients, you can rest assured that your short sale is in good hands. Once again, it is important to remember that quality of the help that you find will significantly affect your life after the sale.Finally, you will have a better experience and outcome if you find an agent who truly cares about this field of real estate and about helping people. A short sale can be time-consuming and involve more work than a regular sale, since the lender is also involved in the process, so it’s critical that your agent isn’t solely doing the work for profit. An agent who personally cares about helping you through the process will be more available, more helpful in answering your questions, and ultimately more effective in getting the best deal for you.A short sale will have many future impacts, like affecting your credit rating and preventing you from buying another home for a few years. Therefore, if you are planning to sell your home short, it’s important to offset these drawbacks by finding the best available help and making sure you get the most that you can out of the process. You’ll be in good hands if you find an agent with a legitimate background in the field, proven success, and a genuine interest in getting clients the best deal.

Foreclosed Properties – Purchase Such Properties Way Under the Market Value

We are living in a society in which values have changed drastically. Whether some time ago purchasing a house was really big deal and its price was very high, nowadays properties can be purchased at low prices. Nevertheless, it is not very easy to find a cheap property, which can, at the same, time satisfy you.You can find more information on foreclosed properties sales if you are looking for foreclosures listings. First, let us see what the benefit of purchasing a foreclosed home from foreclosed listings is. One of the most important benefits is the price. You can purchase such properties way under the market value. Most of the banks actually are not willing to apply foreclosure on properties.One of the reasons is that the foreclosure procedure is very extensive. Most of the times, the bank loses a lot of money with the foreclosure. That is why the banks post foreclosure listings under the market value, in order to sell them as fast as possible. Obviously, where there are advantages there are disadvantages as well. One of them is that people react in different ways when authorities let them know that banks are going to take their homes.Most of them react emotionally and they do not appreciate logically what they have to do actually it is a normal feeling because any body is attached to his or her home. Moreover, most of them invested a lot of money time and work in their properties and it is awful for them to see all their efforts useless overnight. Thus if they have to sell their homes they do not want to leave much to the new homeowners.They may take their furniture and household items with them. On the other hand, they may leave a mess behind them and the new homeowners have plenty of work then. If they are not able to clean the house themselves and they need to hire a special house cleaning team, they must spend a lot of additional money. Nevertheless, they do it because such a property can be called opportunity.Therefore, they ignore the disadvantages and start the purchase procedure with optimism. Another aspect related to foreclosure listings refers to disclosures. There are states where according to the law the seller must prepare and provide a property disclosure for any potential buyers. This paper will specify which areas in the house are damaged.For example foundation flooring or the roof can be damaged or there is somewhere in the house a broken window. Actually, anything of this kind must be listed. According to the states and their laws, foreclosure listings cannot be accompanied by property disclosure. Disclosures can be advantageous on the one hand because potential buyers can manage their budget according to what they have to repair in their possible homes. To continue with there is a phrase, which often accompanies foreclosure listings. It is “as is” in general, foreclosed properties can be sold “as is.” This means that the owner does not have to repair anything related to the property.