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A NEW COMPANY - A NEW SERVICE

Birth of a new company: GLOBAL-CORP Estate Legal Assistance. Real Estate Lawyers

customer service.

Its services include:

1) Real Estate Legal:
- Getting Certificates.
- Preparation of Portfolio Securities.
- Studies Degrees.
- Negotiating Bank.
- Drafting of Promise of Sale.
- Drafting of Deeds of Sale.
- Support for the lease of your property.
- Trials Lease.
- Trials for breach of contract.

2) Administration of Estate:
- Administration Building.
- Condominium Management.
- Property Management: Homes - Apartments - Commercial.


3) Property Brokerage:
- We help you sell your property.
- We help you rent your property.
- Taxation of real estate.
- Negotiating Real Estate cloths.
- Renovation and Repair of Buildings.

work to give excellent service.

Contact: Francisco Armas Morel Tel: 09 -2208500


www.global-corp.cl (site under construction).

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REGULATION OF PROPERTY. DAILY REPORTS THIRD

The Law No. 19,537 on co real estate, clearly people (in this case the owners) live in a condo (or apartment building), not only should be considered owners of their property, but must assume the quality of co-owner (with other owners) of called "commons" that exist in the building or condominium. Demos

some examples: The gardens, games room, visitor parking, etc.

The law allows you to proceed to organize, with the other owners, to manage these assets.

The Act also provides that each unit must have its own rules of co-owned,

co
property law provides for three instances to manage the condominium:

1) Assembly of Co owners.
2) Management Committee.
3) Administrator of the condominium.

co Regulation of property is a real legal support for the organization of the condominium, and establishing, among others:
- Standards of living among neighbors.
- Duties and rights in the use of the commons.
- Functions and powers of the administration.
- Etc.


Francisco Armas Morel. Advocate


Source of Information:
www.estudio-juridico.cl

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:

Although real estate sales in Greater Santiago rebounded in January this year, the sustained increase in supply caused a sharp drop in home sales rate.
According to figures released by the Chilean Chamber of Construction (CCHC) in the first month in the months to exhaust the stock reached 27.4, the highest since December 1998, in crisis Asian when he scored 32 months and nearly double the average that is considered normal in the industry.

This came from strong growth in the offer that came to 50,014 units, well above the 33,855 the same month in 2007. The offer amounted to 40,677 apartments and 9,337 houses.

Meanwhile, sales surged by 13.0% to 2,228 units cover (1,971 in January 2007). In departments, placements rose 10.10%, to 1,417 units 18.56% and homes, to 811. Cristian

Alliende, General Manager, SalfaCorp real estate, said that while a month is not the best indication of what happens in the market, it was expected a level of stock as the present, given the large number of projects entered the market in recent years.

"It's a warning sign that we have been seeing for some time and that should limit the entry of new projects. (But) we see no significant signs of a slowdown or relevant signals input too many projects, "he said.

In this line, las cifras de la Cámara revelan que el ingreso de proyectos bajó su ritmo, ya que en diciembre de 2007 la oferta fue 47 unidades superior. A nivel nacional, en tanto, las ventas sumaron 3,673 unidades, un 7,24% más que en similar mes de 2007. La oferta en tanto, llegó al histórico nivel de 74.916 unidades, 38% más que las 54.062 de 12 meses atrás.

La velocidad de ventas a nivel nacional alcanzó a 20,4%, un promedio claramente inferior a la capital. De esta forma, las ventas del Gran Santiago representaron el 60% del total a nivel nacional, mientras su participación en la oferta llegó al 66%.

FUENTE: Diario la Tercera - www.portalinmobiliario.cl

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Do you think, our employers, whatever their political views, they are doing good business by paying low wages or to pay minimum wage?

Let's be clear: a poorly paid employee is an employee unhappy, unfaithful, not ever put the shirt by the company, which at the first opportunity is to change jobs. NO is a loyal worker who does not want his job.

This is going to produce, as an employer, a high employee turnover, so we have to invest resources in hiring new staff, re-train people, create new bonds of trust, order the teams, etc. Wasting time and money.

While Employers are defending the payment of minimum wage, saying that it is better, I truly believe they are wrong. Who can keep a family on minimum wage?: $ 144,000 pesos. The truth that no one, considering also that Chile is increasingly expensive to live.

Without wishing to issue a political speech, I appeal to employers, employers, and all Chileans to please all make a real effort to improve wages. Making a real effort, we can create a more just and equitable.

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human beings, in full year 2008, we annihilate and destroy nature, knowing the impact it will have.

How is it that you continue killing whales, and the excuse of being for "scientific purposes" if at the end of their meats are served in elegant restaurants.

The truth is the last straw, as human beings have believed we own the world, with no respect for other living beings, including human beings themselves.

I hope that soon the country on the planet, they begin to work together to defend our world, before it is too late.




Photos:
www.elblogverde.com Www.infobae.com

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ANSWERING QUESTIONS TO READERS OF THE BLOG: PROJECT HIGHLIGHTS


Regarding the questions:

1) The fee charged by real estate brokers in Chile:

This circumscribed by custom, so it usually receives:

A) sales: 2% plus VAT of the same buyer and seller.

B) In leases: 50% plus VAT of rent that is charged (one time) to the landlord and tenant (this may vary if a commercial property or if the lease is for more than two years, all depends on what to establish the order of the broker or discuss what the parties).

In many cases can discuss these fees.


2) The real estate broker is an intermediary between the parties:

His work is mostly done as a link between stakeholders in concrete business. It should also encourage their clients properties have delivered for sale or lease.

As you know, there are runners and joggers. The truth is that this work involves more tasks, eg the property tax, publish, offer, make a liaison with stakeholders, set up contracts, attend business closures, assembling folders of titles, request documents, accompany firms contracts, etc ...

Today there are advanced course in which they can learn the core subjects of this profession.

3) Real Estate Portal:

page is an excellent real estate information, and also serves to provide properties (by the broker if the owners also direct).

What often happens is that a person gives his property to various brokers, which may post the property at different prices (which is not a good management), and may also differ in meters of the property. Remember

meters will always approximate, unless a certificate is requested final acceptance to the respective municipality.

4) Applying a Discount:

You know, the vast majority of people put in selling a property is willing to negotiate, since it is almost a law of that bargain market that takes place (much like when buying a car).

the end, both the seller and the prospective buyer know in advance of these offers and counter offers.

I always recommend to potential property seller to 5% or 8% percent more expensive (on the market price that we set, which is very important, because the properties are worth what they are but by the market and not under emotional value that has its owner). Meanwhile

is normal that the potential buyer makes an initial offer of 5% or 10% below list value. Hence

leave the negotiation.

greets you;

Francisco.

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Project:
building of 13 apartments, 5 apartments per floor, and Apumanque Apoquindo steps, close to shopping centers, supermarkets and banks.

Departments:
With 1 bedroom, 1 bathroom, 45 m2.VENDIDO.
With 2 bedrooms and 2 bathrooms, 73 m2.
From 3 bedrooms and 2 bathrooms, 96 m2. SOLD.
of 4 bedrooms and 3 baths, 110 and 115 m2.


Prices from UF: 3,802

The value does not include parking or warehouse. Prices subject to confirmation and availability. strong>

Highlights:
- floating floor entrance hall, living room and hallways.
- boucle carpet in bedrooms.
- with marble vanities.
- Central hot water.
- Security Closed Circuit TV.
- Excellent location within walking distance of shopping Apumanque. TV.
- 36 months for payment of the foot (after consultation.
- 5 year warranty.
- Rent guarantee for investors / Fuenzalida Properties.

The images contained in plants are of illustrative character, its purpose is to present the general characteristics of the project. This is reported under Law No. 19,472.

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Tel: 5967000

Source: www.portalinmobiliario.cl

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BILL AGAINST THE MIDDLE CLASS OF CHILE.


"END TAX BENEFITS IN THE CONSTRUCTION OR coins GOVERNMENT CHANGE?

The government has announced a draft law which aims to reduce the exemption from VAT on construction. They have done so because they must get from somewhere the money needed to cushion the fuel tax rebate, that is the typical "going and going."

What does the current tax benefit? Today

construction companies, one of the main drivers of the current Chilean economy, benefit from a tax benefit is as follows:

invoice construction companies to real estate in these bills VAT is 65% discount. Because of this housing has a lower cost and therefore a lower sale value.

But the government wants to end this benefit through a bill submitted Congress.

The central idea is to restrict the tax exemption of VAT. Can only access this franchise properties whose prices are less than 2,000 uf, to date it is $ 39,578,740.

The buildings between 2,000 and 4,000 UF will lose this benefit gradually.

A property of 4,000 uf, to date is $ 79.1576.480, that is a good apartment of three or four bedrooms, but never a high-class house.

is believed that between 3,000 and 4,000 homes UF will rise from 8 to 10 million, which is really a bad news for families seeking to buy a house (as it will have to borrow more money in the Credit mortgage).

Who Lose: The middle-class families, who with great effort to buy a property.

Who Wins: Banks, since they must pay more money, so they earn more interest.


The property in excess of 4,000 UF will lose the benefit altogether.

The truth is I do not want to do a political analysis of the government, but I think this project is a failure on the part of our authorities.

I hope it is rejected by the Senate.

Sources:
www.portalinmobiliairo.cl.
www.
senado.cl www.cchc.cl (Chilean Chamber of Construction).

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LOOKING AT LEAST??


today has become a habit to live and compared to each other, trying to feel as superior to all those around us (make more money, have more things, to live "better" even if we pretend, etc. .).

This society and its way of life, we absorb a true madness of consumerism, which eventually can become a nightmare.

I'm not against free markets and consumerism, but if I object to those who live thinking they are superior just because of having more (if indeed it should).

A little humility will not hurt anyone.

Maybe it's better to live with fewer, but more happy.


Photo: www.noseas.com

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PRICES TOP BEACHES: Diario El Mercurio.


DAILY MERCURY 01/20/2008


is the highest value that can reach the square meter in the area. The most popular properties are those that are beachfront, but supply is very low. Hopefully go on sale one or two properties per year.

A lack of first lines, buyers interested in this resort can pay between 25 and 30 UF per square meter for a house overlooking the bay. These rates are similar for those interested in nearby Cachagua. If you prefer

departments real estate projects in the area, including Costa Cachagua or Zapallar Park, you can access values \u200b\u200branging between 50 and 60 UF per square meter.

This is the price you can reach the departments currently used with sea view, placed in front of the beach and within walking distance of the Fifth Region.

However, there are some cheaper options, as it is also possible to find new projects, overlooking the sea, prices reach 40 UF per square meter.

In other locations further away from the beach, the price range of property includes close to 32 UF per square meter, although most departments do not even have ocean views.

Meanwhile, in Viña the average price per square meter of a new department bordering the 45 UF.

For this value per square meter can be found new apartments in Pucon peninsula, overlooking the lake and the volcano Villarrica, including 24 hour security. But in Pucón

are also selling real estate projects more economical and can be found bordering the 40 departments UF per square meter.

Another option are the land. One in front line of the lake could cost 5.5 UF per square meter. But if the budget is smaller, there are alternatives to a lower cost. This is the land located on the road to the volcano, which borders the 0.8 UF value per square meter.

Sources:
- Diario El Mercurio.
- Real Estate Portal.

Photo:
www.turismozapallar.cl

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LOST MILLIONS OF MERRILL LYNCH BANK

According to reports today, the newspaper El Comercio of Peru:

announced record losses Merrill Lynch for 10,000 million dollars
8:00 amortized 11,500 million dollars in bad mortgages.


The results are totally unacceptable in New York said the new president of Merrill Lynch, John Thain. The balance of 2007 yields losses of $ 8,000 million, against profits of $ 7,300 million the previous year.


Merrill Lynch lost nearly 40 percent of its market value during the last twelve months. The bank's writedowns due to subprime mortgages add up to now about 20,000 million, partially offset by fresh capital injection by the 13,000 million of the same coin.

Source: Diario El Comercio - Lima - Peru.