Monthly Archives: June 2008

Foreclosed homes bidders 'should do their research'

Posted on June 30, 2008 by OPPE News

Investors thinking of dipping into a US foreclosed homes auction have been warned by an expert to do their research before taking the plunge. Jamie Smith Hopkins of the Baltimore Sun warns advice from real estate investors suggests there is … Continue reading →

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UK property investment up 21 per cent

Posted on June 30, 2008 by OPPE News

British overseas property investment shot up by 21 per cent last year, statistics show. Figures from the Association of International Property Professionals (AIPP) say in 2007 the British spent a massive £246 billion on homes abroad.

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Edinburgh top for student property investment

Posted on June 30, 2008 by OPPE News

A report from experts Knight Frank has revealed student accommodation is now more profitable than most other types of property investment. According to Home Move, the company’s Bricks & Mortarboard Student Accommodation Review shows weekly rents for students are on … Continue reading →

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US City for sale by auction

Posted on June 27, 2008 by OPPE News

A US property auction firm is gearing up to flog one of the biggest lots it has ever handled – an entire city. Higgenbotham Auctioneers International (HAI) announced it will handle the sale of White’s City, New Mexico, which has … Continue reading →

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Mortgage lenders hit property investment with rate hike

Posted on June 27, 2008 by OPPE News

Three UK high street mortgage lenders have upped the costs of their fixed-rate home loans. Bradford & Bingley, First Direct and the Co-operative bank stepped up fees on Wednesday as banks continue to find it harder to lend.

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Bahrain city development is unveiled

Posted on June 27, 2008 by OPPE News

Bahrain is stepping up its real estate development drive with the unveiling of a master plan city involving up to 30,000 homes. Diyar Al Muharraq was launched on Wednesday and will involve an estimated BHD 1.2 billion ($ 3.2 billion) … Continue reading →

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Top ten foreclosure opportunities listed

Posted on June 26, 2008 by OPPE News

US real estate experts have highlighted ten business niches set to grow thanks to the country’s foreclosure crisis. US News turned to the knowledge of Robert Kiyosaki, a columnist and author, and Rick Sharga, vice president of marketing for real … Continue reading →

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300 exhibitors expected at property investor show

Posted on June 26, 2008 by OPPE News

A total of 150 exhibitors have already signed up to the 2008 edition of the largest UK property investment event. The Property Investor Show will run from September 19th to 21st at London’s ExCeL centre and expects a further 150 … Continue reading →

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'Moving' building planned for Dubai

Posted on June 26, 2008 by OPPE News

The world’s first moving building is to be built in Dubai after plans were drawn up by a visionary Italian architect. David Fisher unveiled the Dynamic Tower project at a New York press conference, saying it would feature 80 floors … Continue reading →

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Foreclosures dump tenants on streets

Posted on June 25, 2008 by OPPE News

The US foreclosure crisis is starting to hit families renting houses as their landlords fall behind with payments. Tenants even with perfect credit and payment histories are being evicted in record numbers because owners are delinquent on monthly mortgage commitments.

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