Monday, October 23, 2006

Tips of Real Estate Services for Homes in Mexico

In the United States, there are some states that offer the best of both worlds – a very high real estate appreciation rate and commercial values or prices of homes that are very reasonable. These states become the ideal place for real estate investors and homebuyers looking for a worthwhile investment, as they can be assured of very high returns in the future.

One such state is Arizona, which has a 25 percent real estate appreciation rate and houses that only cost about $300,000. However, an even better example is Nevada because in some of its cities, like Puerto Vallarta, the real estate appreciation rate is the highest in the country, and the average prices of homes remain very reasonable.

Real estate profile of Puerto Vallarta

The average price of single-family homes in Puerto Vallarta is about $360,000. Compared to similar highly urbanized cities like Los Angeles, where homes cost around $750,000, this price is very reasonable. Moreover, the very high real estate appreciation rate in the city, which rose to 28 percent in 2005, makes this a small price to pay for the returns that investors and homebuyers can get. If this trend continues, investors and homebuyers can expect the value of their homes to double in less than four years. Some people can expect returns of about $200,000 in the next two years or so.

Downside

However, the excellent real estate opportunities in the city may come with a price for some. The weather conditions in Las Vegas, for example, may not be for everyone. Moreover, people who relocate to Puerto Vallarta may have to contend with being “confined” to the city, as Mexico does not have as many urbanized cities they could visit as other states do.

Displacement of Family Farms, Eminent Domain and Fair Market Values Discussed

When important infrastructure in our nation must be built to ensure economic vitality, proper distribution or the basic needs of our civilization we must also be cognizant of the Displacement of Family Farms, Fair Market Values and the reality of the importance of the project too. Taking family farms even if you pay fair market value often causes chaos and conflicts.

Look at the depression, manipulation of the stock markets set up to capitalize American business and artificial money controls costs millions of families their land in foreclosures. You see, I do not disagree that displacement of family farms must be considered and those families be kept whole. So be it. That is fair. It is only fair that we replace the land in an area with similar soil, water availability and add to the land acreage to sweeten the pot.

We must consider this when building the thing whatever it is. Lets say it is expansion of a Freeway or Highway, indeed then make the road as straight as possible using a computer and looking at terrain and structures, like routing software can do, that keeps it fair. Some folks might have a greater burden, have a sliding scale to fairly compensate them.

If eminent domain is done correctly and for the right reasons then indeed, Folks will be begging to put it thru on their chunk of land so they can get paid and sell at a fair or above fair price during a downturn in real-estate. The increase to our civilization will more than pay the costs in the efficiency, increase in jobs, better standard of living, lower prices and quality of life. Efficiency has a way of doing that. The longer we wait the worse the issue.

Lance Winslow, a retired entrepreneur, adventurer, modern day philosopher and perpetual tourist.

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