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ispyvillas.com

A Complete peace of mind.......

SAMPLE COST:

FOR A COUPLE’S VISIT CHECK FOR A WEEK

Flight x 2 GB£790 (US$1564)

Car hire GB£195 (US$345)

Gas/Petrol for a week GB£85 (US$150)

Food & Drink GB£220 (US$360)

Accommodation ‘used’ GB£4475 (US$785)-avg 4BD

*Total GB£1,765 (US$3350)

LOSSES TO YOU:

*Loss in home rental -Average £400-£800 PW

*Hassle, Stress & Time lost - Priceless!!!

*Your lost productive time & wages? - IREPLACEABLE!!

Save yourself a lot of money, hassle, stress & time

Have a complete peace of mind with ispyvillas.com now!

Orlando, Florida is one of the most popular destinations in the world for second homes owners and holiday renters alike. As an example, for an owner making an unnecessary visit to check property at an off peak season or your monthly out going costs would incur a cost at about the estimate shown below:

Wave of sales in the pipeline buoys Orlando housing market

June/June, 2009 – Orlando, FL : In May, nearly 38 percent more homes sold, than in May of last year, contributing to the area’s year-to-date sales increase of 44 percent. There were 1,854 closings in May, which brings the year’s total to 7,834; a total of 5,462 homes had changed hands by this time last year. Of those May sales, 50.97 percent of the homes were either bank-owned (795) or distressed (150). The remaining (909) “normal” sales made up 49.03 percent.

Bank-owned and distressed home sales have an influence on Orlando’s reported median price. The median price of all Orlando homes sold in May is $130,000 (a 38.51 percent decrease compared to May 2008), but the median price for “normal” sales is $165,000. The median price for bank-owned sales is $82,000 and the median price for distressed sales is $140,000. “There are two levels of pricing in the current market,” explains ORRA President Les Simmonds, L.G. Simmonds Real Estate Corp. “Traditional homes in good condition have held their value much better, so owners shouldn’t be overly concerned about median prices. Most sellers can expect a good return if they’ve been in their homes for a normal period of home ownership and haven’t excessively tapped their equity.” The exception to this is the vacation home areas of Clermont, Kissimmee, and Davenport. This area’s property market far outpaced the surrounding areas in value during the property boon and are now dropping in value to where they were before. In fact, the vacation areas are back down to 1999 prices!!

There is a disproportionate number of homes going into distress and foreclosure in the vacation area due difficult economic times in the owner’s country or regional area of residence within the USA. Owners have walked away from a large number of homes and the bank had to step and take ownership and many banks are foreclosing on vacation homes. NOW IS A PRIME OPPORTUNITY TO PURCHASE A VACATION HOME because the banks continue to “flood the market” with distressed priced homes!

If you are a non US resident you probably noticed that the dollar is beginning to weaken against foreign currencies making it an even better time to buy. In addition to an increase in completed sales in Orlando, there is more than double the number of homes currently awaiting closings (6,603) than in May of last year (3,225). Those pending sales, of which 3,455 are homes that came under contract in the month of May alone (the most in one month this year), are forward-looking indicators of an improving market. For many of you that have been thinking for some time about buying or actively looking for a great deal on a home are ”feeling” the changes in the market place. When a good property at a great price comes on the market for sale, a buyer must be ready to act on the property immediately or they will miss it! In many instances homes are selling above asking price with as many as a dozen offers!

It is very important to understand the value of a property when placing an offer because the banks are pricing homes way under market value and creating a “frenzy.” Knowing where to place your offer is critical to buying the right house at the price so as to not to over pay for it or to lose out to a higher offer because your offer was to low.

Each county’s year-to-date sales comparisons are as follows:

Lake: 20.25 percent above 2008 (1,443 homes sold to date in 2009 compared to 1,200 in 2008);
Orange: 66.38 percent above 2008 (5,281 homes sold to date in 2009 compared to 3,174 in 2008);
Osceola: 108.98 percent above 2008 (1,908 homes sold to date in 2009 compared to 913 in 2008); and
Seminole: 4.97 percent above 2008 (1,373 sold to date in 2009 compared to 1,308 in 2008).

* Flights ~ including UK and Europe, not just the USA
* Hotels ~ virtually anywhere in the world
* Rental Cars ~ again, not just in Florida but in the UK and Europe, too
* Theme Park Tickets ~ worldwide, not just Orlando
* Cruises ~ try to encourage your guests to slot a three day cruise into their stay in Florida
* Theatre Tickets ~ even Broadway shows!

On the home page of the website, there is an opportunity for you to sign up for a free newsletter which will be emailed to you on a regular basis with details of special offers. I would encourage you to sign up for this as some of the savings will be available for you to pass on to your clients.

If you are interested in running your own travel website and want earn money from it, just let me know and I will forward the information on. Even if that is not the case, it could save you money with your personal travel.

Please let me have some feedback on what you think of this service.

That's all for now!

Best wishes

SUMMER 2009 NEWSLETTER

Holiday property owners, become a member, adopt our services and receive our confidential intricate helpful newsletters that can help you keep in touch with your market area. *Exclusive tips to be on top of your property investment, management and your financial improvement.

Do you want to know the best buys for your foreign currency, best deals in other areas?
Getting the best out of your property investment?
Increasing your bookings, rental income
How and where to buy the best ‘priced’ property?
Receiving emergency assistance where ever possible
Learn how to get the best price for your property investment where ever the location
Find out how to enjoy your holiday/second property best with out the usual hassle
Keeping abreast of your property location dealings, market, assistance available for you
Do not be left out......

Spanish Homes Continue to Tumble....

Property sales in Spain are still far from last year’s levels, although the market is showing some signs that the real estate crisis has touched bottom. Data released by the National Statistics Institute show that 34,895 operations were carried out in Spain last March, 0.7 percent higher than the figure for February. Some homes are now selling at as low as 40% below the original sales price. Another indication that the sales are beginning to improve is the number of mortgages lent by banks, which also increased in March in comparison with the month of February. The measures adopted by the government to increase liquidity in the banking system would seem to be having an effect.

"Emerging markets are demonstrating impressive growth. Out of the top 5 countries on Knight Frank's Global House Price Index, 4 are emerging markets and all have price growth of over 25% for the year to Q2 2008."
James Gonzalez, Obelisk Market Analyst

The International Monetary Fund forecasts that emerging market economies will grow by 7.4% in 2008, in contrast to 2.2% projected growth for advanced economies.
Source: What Investment

Analysts at Morgan Stanley are so upbeat that they expect a secular boom in emerging market property over the next 10 years.

LONDON TRAVEL

NEW YORK EARLY DAYS

The earliest inhabitants of what is now New York City were mainly Algonquin-speaking tribes. They lived in small villages scattered in lush, forested territory and survived by fishing, cultivating maize and hunting. The land’s serenity was not to survive for long, however, as New York swiftly became a battleground for European conflict. The fight for the New World was about to begin.

Giovanni da Verrazano was the first European to explore the area. A navigator for France, the Italian arrived here in 1524 while searching for a north-west route to China. Though his discovery was deemed an accident, it was more likely a deliberate attempt to stake an early French claim on the New World. Due to poor weather, he never actually set foot on New York soil, though when he sailed through what would become New York harbour, he noted that the area seemed “delightful”.

See below a costing example, below:

AN AVERAGE MONTHLY MANAGEMENT COSTS FOR A VACATION HOME OWNER IN FLORIDA:

You spend $200 - $300 per calendar month x 12 = $2400 - $3600!

PLUS MONTHLY PEST CONTROL COST - $45 PER MONTH x 12 = $540

YOUR AVERAGE COST PER YEAR (excludes other running costs) is between $2940 - $4140

Think about what you could do with $4000! Contact us today and start saving

*ISPYVILLAS CAN SAVE YOU TO $4000+ PER YEAR + A PEACE OF MIND

(based on a 3 or 4 bed villa)

When in London stop for afternoon tea in colourful Piccadilly Circus, take a regal stroll past Buckingham Palace and later in the evening, enjoy a show at the famous Royal Albert Hall. Whatever you decide to do, you'll be doing it with style and sophistication because after all, you're in London! Traveling to London allows you to experience one of the world's premier cities. Richly steeped in history and at the leading edge of many industries, London signifies a complex lifestyle both honouring long-held traditions as well as carving a path toward the future. A vacation to London is one that provides many rewards, although it can be nearly impossible to experience everything the city has to offer in one visit. That's why planning a trip effectively is the ideal way to experience the best of London travel, especially if it's your first time visiting.