Buying and selling family real estate

Author: Zhang Jiming Liu Juncai Wang Hong
Publisher:
Publish Date: 2004-01-01
Features: The main features of this book are four: , the theme keeps pace with the times. The authors did not write this book as a comprehensive guide for industry professionals involved in real estate development, but instead focused on the purchase and sale of property from the perspective of families. They elaborated on the key aspects and precautions in the process of buying and selling real estate from an investment perspective, making it highly applicable for families interested in real estate transactions and investment. Second, clear and complete structure. The book has relatively few chapters, with its core being the chapters on family property purchase and sale. Purchase and liquidation for sale are two important aspects of family investment activities. The authors organized the material around these themes, showcasing their meticulous approach. Third, a combination of practical theory. This book is highly practical. The authors provide a detailed introduction to the actual operational procedures of real estate investment. At the same time, drawing from their own experiences, they explain several theoretical issues that significantly impact real estate investment in plain and easy-to-understand language, combined with practical real estate transaction practices. Fourth, introducing international experience. In the chapter on property sale, the book not only clarifies the main procedures for domestic real estate liquidation but also introduces the general process and operational methods for selling real estate in the United States. This is of great significance for investors to enhance their foresight and practical skills. This book serves as both a practical guide and a regulatory guide.
About the Authors:
Zhang Jiming graduated from Tsinghua University, Beijing University of Technology, and FOOSEVELT UNIVERSITY, holding a Master of Engineering and an MBA. He is a member of the 8th Committee of the Beijing Youth League, a Standing Committee member of the China Real Estate Industry Association, Chairman of the Board of Directors and Supervisory Committee of Beijing Real Estate Trading Center Co., Ltd., Vice Chairman of the Beijing Planning Association, and Vice Chairman of the Beijing Zhongzong Group Co., Ltd. He has long been engaged in real estate development and senior management in construction enterprises, leading the development and construction of multiple real estate projects and corporate restructuring and reform.
Liu Juncai graduated from Tongji University, Renmin University of China, and FOOSEVELT UNIVERSITY, holding a Master of Economics and an MBA. He is currently a Director of Beijing Dongfang Kangtai Real Estate Development and Operation Co., Ltd. and a Director of Beijing Dongfang Real Estate Investment Development Co., Ltd. He is currently engaged in state-owned asset management and capital operations.
Wang Hong graduated from Nankai University, holding a Master of Economics. He has long been involved in real estate operation planning and asset management, participating in market research, analysis, and operational planning for multiple real estate projects. He is currently the Deputy Manager of the Asset Management Department of Beijing Zhongzong Group Co., Ltd.
Table of Contents
Preface
Introduction Part 1: Benefits and Risks of Family Real Estate Investment
1. Main Methods of Real Estate Investment
(1) Short-term Investment
(2) Medium-term Investment
(3) Long-term Investment
2. Benefits of Family Real Estate Investment Compared to Other Investments
(1) Real Estate Investment vs. Bank Savings
(2) Real Estate Investment vs. Stocks
(3) Real Estate Investment vs. Funds
(4) Real Estate Investment vs. Bonds
(5) Real Estate Investment vs. Gold
3. Risks of Real Estate Investment
(1) Market Risk
(2) Financial Risk
(3) Interest Rate Risk
(4) Macroeconomic Risk
(5) Liquidity Risk
(6) Policy Risk
(7) Natural Disasters and Unexpected Risks
4. Keys to Successful Real Estate Investment
5. Related Knowledge to Understand
(1) Principles for Determining Real Estate Investment Returns
(2) Concepts and Characteristics of Real Estate
(3) Types of Real Estate Markets
(4) Operations, Management, and Services in Real Estate
Part 2: Family Property Purchase
1. Six Steps to Buying a Home
(1) Setting a Home Purchase Budget
(2) Selecting a Suitable Property
(3) Examining the Legality of the Property
(4) Accurately Measuring Property Area
(5) Signing the Purchase Agreement
(6) Receiving the Property
2. Paying for the Property—Using a Loan
(1) Reasons for Loan Purchasing
(2) Which Type of Housing Loan is Right for You
(3) Applying for a Formal Housing Loan
(4) Repaying a Housing Loan
(5) Key Issues to Note in Personal Housing Loans
(6) Recommendations for the Best Housing Loan Solution
(7) Second-hand Home Loans
3. Paying Attention to Property Management
(1) Property Management Contracts
(2) Property Management Regulations
Part 3: Family Property Sale
1. Steps to Prepare for Selling a Home
(1) Determining the Purpose
(2) Collecting House Price Information
(3) Setting the Asking Price
(4) Determining the Costs of Selling the Property
2. Evaluating Methods for Recovering Selling Proceeds
(1) What is a "Refinanced Mortgage"?
(2) Procedures for Processing a Refinanced Mortgage
(3) Current Difficulties in Processing Refinanced Mortgages
(4) Methods for Recovering Proceeds and Financial Services When Selling Real Estate in the United States
3. Choosing a Real Estate Agency
(1) How to Choose and Deal with Real Estate Agencies
(2) Methods for Dealing with Real Estate Agencies
(3) Introduction to Standardized Agency Procedures
(4) Real Estate Consultants and Experts in the United States
4. How to Advertise for a Property for Sale
(1) Determining the Target Market
(2) Understanding Relevant Laws
(3) Knowing the Types of Advertising
(4) Sample Advertising Flyers for Selling Real Estate in the United States
5. How to Successfully Showcase a Property for Sale
6. How to Persuade Buyers
7. Some Negotiation Skills
8. Completing the Entire Process of Selling
Part 4: Additional Issues in Family Real Estate Investment
1. Real Estate Mortgage
2. Real Estate Insurance
3. Real Estate Price Appraisal
Part 5: Comparative Analysis of Real Estate Investment in Beijing, Shanghai, and Guangzhou
1. Comparison of Overall Residential Market Conditions
2. Comparison of Problems in the Residential Markets
3. Comparison of the Second-hand Housing Market
4. Comparison of the High-end Real Estate Market
5. Standards for Urban Land Grade Classification in the Three Cities
Part 6: Policies and Regulations Related to Real Estate Investment
Urban Commodity Housing Pre-sale Management Measures
Rules for Calculating Sales Area and Allocating Public Utility Building Area (Trial)
Measures for the Temporary Administration of the Publicly Owned Housing and Economically Affordable Housing Going on the Market for Sale
Urban Housing Property Ownership Registration Management Measures
Urban Real Estate Mortgage Management Measures
Personal Housing Loan Management Measures
Urban Housing Provident Fund Management Measures
Measures of the People's Republic of China on the Temporary Provisions of the (Real Estate Tax)