Friday, September 2, 2011

Real Estate Property japan : Acquiring Property in Japan

Real Estate Property japan : Acquiring Property in Japan

Anyone can buy real estate. However, you should have seen long-term (job, spouse, investors ...), or, better yet, a permanent visa. There are two reasons for this.
It 'very difficult to get loans from the Bank of Japan today, even for the Japanese. Needless to say, it is almost impossible without a proper visa, and is stable. But if you have enough money to buy your property without a loan, then the problem is solved. Otherwise, proceed to "How to get a loan" section.
The risk of not being able to live in Japan, despite owning a house or a flat / apartment with a report to the visa section for more information.It will cost how much?In fact, depending on the area you want to invest. Tokyo is by far the most expensive. But, as a general rule, it has declined gradually from the center and / or station. In addition, the old buildings (age 30 years according to the Japanese, is the home to create a new cause of an earthquake or more) are much cheaper than new ones (less than 5 years), remote areas. as Tohoku, Hokkaido, or province, such as Shimane and Yamaguchi, may be particularly. In some areas, reducing the local population, as has been seen to offer the land for free to those who have been accepted to resolve a number of years.The easiest and most effective way to get an idea of ​​prices is to control the whole country as the real estate search engine.

How to get a loan (home) / mortgage in Japan.In the current economic situation has become very difficult for Japan. Needless to say that foreigners in Japan, the time is even more difficult. It 'important to have a guarantee (Japan), intelligence, finance, pay your loan on your behalf in case of default.Foreigners may be more likely to get a loan if they do.

They lived in Japan for (years) and able to speak Japanese.They have family in Japan. The Japanese are married with children enrolled in schools in Japan, for example.They have a steady job in Japan, where it is likely to continue for a long time. (At least until the term of the loan).They have a good credit history.They have no intention of returning to their country before they can pay their loans without (Although difficult to prove).We have good reasons to want to stay in Japan is comfortable and adapt to the lifestyle in Japan and so on.Representatives of banks, it might be easier to get a loan ("juutaku kinyuu Kouki" The Village Bank Corporation), which specializes in mortgages. But their interest rate is a bit 'higher than bank deposits.

What type of properties to choose for an investment or not.Japan is a country subject to earthquakes. Region is absolutely no one can really be classified as safe to buy a house or a flat / apartment is always a risk because it can be destroyed at any time in the future, the safest bet is to buy. land can be profitable in a big city, when a parking space. In central Tokyo, a parking space costs about the same car. 50.000yen/month a serious obstacle to any form of investment in the major cities of Japan in particular. Since the explosion of the financial bubble in 1990-91, real estate prices have fallen by 50% residential and 80% for commercial land in Tokyo and Osaka. Although it is likely that prices could rise again in the future is still a risk to invest in real estate in Japan.

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