November 4, 2013

The purchase of real estate market in China since the implementation of the measures, a number of financially strong Chinese buyers will turn to the overseas property investment destination city often real estate consulting firm Colliers International report, 2012 Vancouver, Toronto, London and Singapore, four will become a Chinese investor Overseas buyers four favorite places. At present, the Chinese mainland buyers accounted for the proportion of the local foreign investors about 20-40%.

Reported that in the past 20 years, China mainland investors to purchase real estate in Canada showed a rising trend. Vancouver is among immigrants from mainland China to study abroad or city of choice.

According to statistics, Chinese immigrants in Vancouver entire urban population accounted for about 30%. By Chinese mainland investors, the positive impact of residential property prices in Vancouver and Toronto in the past six years, the average annual rate of increase was 9% and 7%.

Colliers International Director Laijin Xiong pointed out that in Canada, from the mainland investors primarily for children educational considerations, most of them chose a room or two-room efficiency type of housing.

In addition there is a trend of younger buyers groups, the young students purchase the big house, luxury trends increased significantly.

At present, China mainly from the Chinese mainland customers southeastern Shanghai , Hangzhou and Wenzhou, as well as the capital of Beijing and other places. Buyers are mostly local Chinese private entrepreneurs, they prefer the high price of the mansion as an investment object.

However, novice to buy a house, buy a house especially new immigrants, often because of the tight and heavy task with little experience, it is easy to "chaos in error," "busy in error" or "lost opportunity" to buy a house typical errors will appear the following 11 categories:

CD Price On

In the same community, of course, the lower the average unit price of the house cost-effective, but different communities are often relatively lower average unit price of the Community, the worse. In principle, the average price in the following communities have destitution trends and tendencies. Buy a house, choose the community, not only can not choose the lowest average price communities; Instead, the average price should be chosen over Mid community.

The only traffic on the

How convenient is a good thing or a bad thing? The best is not the most convenient place, such as bus stops are not very good at the gates of the house of the security and privacy of tremendous stress.

For example through the subway CONDO looks good, but in fact this principle is very easy CONDO resonance due to aging and difficult to maintain, it is also not comfortable to live. Transportation is about 5 minutes walk you can find public transport, but does not need to go out the door.

On the only school district

Overall rank high school course, than the low ranking in terms of school more attractive for parents. But the school is not ranked higher the better, but look at the rankings of gold.

For example, if an elementary school nearby communities have relatively more low-cost housing, a school house with a large number of ESL children, a school single ethnic group, such as "Tsinghua class" "China-India class" and so on.

A departure from the school district and community areas such as community housing homicide occurred repeatedly stealing marijuana but passable school rankings, etc., these are in the near future will lead to a good school district will suddenly rank diving downward, causing the price difficult to continue the occurs.

And Homes House of

Property Investment everyone will consider whether the burden of rental ratio or whether there is positive cash flow becomes many people buy a house needs to be considered an important indicator. But in Toronto, is often not a good rental house up; rise bad rental house fast.

Best house cash flow return on investment is often not high, because the community is difficult to attract good rental real chase for home buyers habitat requirements are relatively high. Rich people do not come, then prices go up.

If you buy a house beyond a reasonable tolerance range, you can make other important investment is damaged, such as pension insurers , investment in children's education, etc., do not talk about other entertainment expenses.

The house is undoubtedly very important, but after all, not all of life. For all the family to buy a house Qingnangerchu seems desirable, once the market decline or economic depression is more likely to lead to bankruptcy and living difficult to continue.

Clear the value of housing

Since many houses will often want to grab OFFER, so before the next OFFER need to know as much as possible out of the price is reasonable, whether to buy a house worth the price.

So the need to refer to this house transaction history, and the need to compare the valuation of the annual government rent, but also need to understand the community nearly two years of transition and similar housing transactions, you need to understand is currently being sold by other real estate price has selling price of similar houses, and sold off, but did not sell price.

Choose the wrong broker

Choose the wrong broker is a very difficult thing. The broker should have the necessary professional competence, but also for the customer and negotiate brokerage.

Good broker is more than out, you can not determined before to find a few brokers brokers to communicate it, in order to identify the most suitable for their own brokerage. Select Brokerage sure to refer to its past performance, as well as an area for customers to buy a house level of understanding and so on.

Sufficiently detailed understanding of the surrounding environment

Sometimes need time to examine different communities and fancy houses. During the day, night, rush hour, non-working hours, the children to and from school time.

Want to live in the area or after dark is usually what happens then? Where the so-called transport facilities, will be busy 24 hours do? Weekends will often have a variety of noisy party?

To get answers to these questions, only the person at different time periods, such as evenings, weekends and non-weekend, go to the community to understand the job. Before deciding to purchase as much as possible to understand the surrounding environment and neighbors.

No inspection room

Since many houses are needed to grab OFFER, this has led to buyers often can not with conditions, including home inspection and loan conditions. In any case require examination room, even if it is a day of inspection room reservation conditions before or grab OFFER priori room. After all, no one wanted to buy a power system aging or basement leaks and other problems in the house.

Even the new home, but also need to know whether all of the construction have been completed appropriate. A typical home inspection is usually no more than $ 300, including the examination of water, heating, electricity, structure, roof, and so on. Most people look at the house of the angle and inspector are looking at a completely different point of view, this is very important.

Forget to consider when buying RESALE

Buyers easily forgotten during showings in the future how to sell the house. In fact, in view of the house, when the mentality of trying to look at the house with the seller, where the big, where not enough and so on. So buy a house when we must remember that selling the house that day.

Buy the most expensive house in the community

Buy a dream house is certainly a very happy thing, but if that house is the most expensive one in that area, then it might be a little problem.

If the house is more than 100 million to buy, of course, hope around the house and also the same as yours are more than 100 million. When you see your neighbors house is only worth $ 500,000, the mood must be very frustrating.

So when the purchase of housing prices more than 50% of the best neighbor to give up. Because the future will be harder to sell, but gains will not be too high.

Forget CLOSING costs

CLOSING housing expenses may account for 2% of the purchase price of -3.5%. Buy other fees to be paid up to 13, do not be negligent.