Real estate is simply property consisting of the actual buildings and land on it, and its accompanying natural resources like water, crops or other natural resources; or immovable property attached to it, i.e. an interest in it, buildings, houses or part of it. It may also be defined as the whole lot concerned with the development of which the real estate touches.
A few of the types of real estate are: immovable property which may be permanently attached to a building, residential real estate, commercial real estate, mobile homes, vacant land, partnership real estate, leasehold real estate, landlord real estate, etc. Within each category of real estate there are several subtypes, like: – Residential Real Estate, Commercial Real Estate, Mobile Homes, Vacant lands, harehold real estate, landlord real estate. Within the categories of real estate, there are also several modes of transfer or sale of the ownership. Below is a brief account of all the modes of transfer and sale of real estate.
The commercial real estate market is the market in which the real estate is used for the creation or expansion of business. Unlike residential real estate where the property used can be transferred directly, in case of commercial real estate on the owner has to go through a series of legal processes like undertaking a lease, signing an agreement, etc. Once the transfer process is complete, the property used can be used by any interested party. Commercial real estate market is an expensive market and the property can be sold at very high prices.
Apart from residential real estate, commercial real estate includes areas like industrial estates, office complexes, retail land, etc., where the property used can be leased, sold or rented out. This market provides a good opportunity for an investor looking to make a major investment in no time. The prices are attractive and one can buy or invest at any point of time.
The real estate market is highly volatile and investors have to be extremely careful as the rates can vary by hundreds of percent during a day. In fact, these rates can even go up and down in a matter of hours. Investors have to take a lot of care while investing in this market and understand the rights inherent in this market. The right of owning the property directly is one of the most important rights inherent in the real estate market and if the right is not protected, the investor can lose his entire investment very quickly.
The rental property can also be considered as real estate investing. This market provides a good opportunity for an investor to make a substantial investment in no time. Similar to the case of the residential real estate, the rent charged can vary by thousands of dollars and this can be a problem when you are not aware of the rights and regulations pertaining to such a business. Therefore, you need to research well before you invest in any real estate property and this is where the online research facilities can be really helpful.