Y esto con que se come? Help Spanish-speaking clients understand what they’re signing

By Pepe Royo,

Hoy en día comprar una casa en Texas se hace cada ves mas fácil para los consumidores de habla hispana. Prueba de ello lo vemos a través de la la iniciativa que ha tomado la Asociación de Agentes de Bienes Raíces de Texas (TAR), la cual ha traducido los principales contratos y documentos que se utilizan más comunmente hoy en día por los consumidores en Texas cuando se esta comprando o vendiendo una casa en este estado.

Nota: Estos documentos estan traducidos literalmente para que el vendedor de una casa ó comprador de una casa pueda tener una idea muy clara de lo que estará firmando con su agente de bienes raíces. Todo depende si esta persona tenga la disposición para tomarse el tiempo de leer y comprender estos documentos, esto depende de su nivel de comprensión de términos legales y de bienes raíces. Por lo mismo, siempre se recomienda que el vendedor ó comprador consulte a un abogado de bienes raíces para que este le explique los detalles de la letra chiquita y el alcance y responsabilidad que este tiene al firmar estos documentos.

Normalmente muchos clientes que han hecho una cita con un abogado de bienes raíces, cotizan previamente el costo de esta explicación, misma que puede tomar desde una a tres horas del tiempo de un abogado. Se recomienda cotizar de antemano, guerra avisada no mata soldado.

Siempre es muy importante tener una relación de negocios con un abogado de bienes raíces en los Estados Unidos ya que en el momento que una persona adquire ó vende un bien raiz, este obtiene ó deja de tener derechos y obligaciones de alcance y repercusión importante si no se atienden de manera adecuada (Aquí si juega en serio).

Haz clic para leer la nota completa y ver que formatos están traducidos…

http://texasrealtors.wordpress.com/2012/12/05/help-spanish-speaking-clients-understand-what-theyre-signing/

For English speakers:

Help Spanish-speaking clients understand what they’re signing

Posted on December 5, 2012 by Texas Association of REALTORS®
The Texas Association of REALTORS® provides members Spanish translations of 13 commonly used forms. These translated forms have recently been reviewed and updated as necessary.

Below are the forms that are also available in Spanish at TexasRealtors.com. Please note that the One to Four Family Residential Contract (Resale) (TAR 1601, TREC 20-11) is currently being updated and will be available soon:

Read more by clicking on this link for more details….

http://texasrealtors.wordpress.com/2012/12/05/help-spanish-speaking-clients-understand-what-theyre-signing/

  Filed under: Selling advice spanish
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Condominios de lujo en El Paso, TX por menos de $100,000 USD

By Pepe Royo,

¿Quiere tener un lugar para pasar vacaciones o venir de compras en El Paso, TX o enviar a sus hijos a la universidad? ¿No quiere gastar mucho?

¡Excelente! Le tenemos buenas noticias ya que actualmente contamos con un inventario robusto de donde escoger. Contamos con aproximadamente 25 condominios y apartamentos en la zona mas céntrica de El Paso, TX (Area de UTEP).

Estos apartamentos cuentan con total privacidad y areas comunes que le permiten hacer ejercicio y disfrutar su breve estancia en El Paso, TX.

Beneficios comunes de estos condominios:

Puerta de seguridad y cerca perimetral para mayor seguridad.
Cancha de Tenis.
Dos (2) Albercas.
Gimnasio.
Casa club.
Bajas cuotas de mantenimiento.
Acabados de primera calidad en un gran numero de los condominios:

Mostradores de granito en la cocina y baños.
Pisos de madera.
Aire refrigerado.
Persianas de madera.
En fin, hay muchas unidades para escoger los acabados que mas le gusten a usted y a su familia. Llámenos para echar la platicada y así poder nosotros determinar cuales son los condominios que podemos recomendarle.

¡Buen dia!

PPR

  Filed under: New Properties
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Beautiful Home for Sale at Casitas Coronado

By Pepe Royo,

IMG_5824For Sale $335,000 Dlls – 2,815 SqFt. 

5937 Mira Hermosa Drive, El Paso, TX 79912

Click Here for more information

Lovely home located in Casitas Coronado. High in the mountain, this beautiful neighborhood offers a peaceful welcoming community. Enjoy the beautiful view from the Patio and a walk surrounded by greenery. The kitchen is equipped with granite, stainless steel appliances and, just a few steps away, formal dining, breakfast room, family room. 5 bedrooms including an office/study, 4 baths. The master bedroom, separate from the others, is spacious and shows off a fireplace, luxury bath, and a private balcony. With flexible rooms, dining room can easily become a second living area, office/study converts to a bedroom, breakfast room can become formal dining. Beautiful hardwood flooring, custom shutters. Live happily at the top of the mountain.

  • $335,000 Dlls
  • 2,815 Sq. Ft.
  • 5BD / 4 BA
  • Office/ Study Room
  • Central heating and cooling
  • Custom shutters

 

CasaRoyo_Logo_FC

  Filed under: Buying Advice
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FOR LEASE – Professional Office

By Pepe Royo,

Professional office building located off Mesa and next to the Montecillo Development with easy access to I-10 Thru Executive and very soon through alternate routes. These suite is ideal for insurance companies, CPA firms, Engineers, Attorneys and other professional service contractors. This suite has one front desk area, two offices and one break room with a kitchenette.

124 Castellano-75

Click Here for more Information

 

 

 

 

 

•Suite 204

•76.80 SqFt

•2 Office spaces

•Frontdesk

•Kitchenette

•Supernice

•$19.48 SqFt/Year

•$1,261.0/Monthly (Full Service)

  Filed under: Buying Advice
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Are you ready to sell some Real Estate in El Paso? We can help.

By Pepe Royo,

Do you live in El Paso or out of town and you have Real Estate that you would like to sell? We are here to help.

At PPR Real Estate have developed a thorough customer approach when it comes to the pricing, the marketing and the sale of your property. During the whole process, we make sure that we cover your most important priorities as a seller, such as:

  • Market the property to potential buyers – We use several mass communication outlets.
  • Price the property competitively – Overpriced properties take deeper discounts at the end.
  • Sell the property within a specific timeframe – Time is of essence.
  • Find a buyer for the property – Our mission.
  • Help fix the proper to sell better – “an ounce of prevention is worth a pound of cure”

No matter what type of property you are selling, we can help you add value during the sales process, our staff is knowledgeable and certified in all the major types of Real Estate product type that are typically available in the region.

At PPR Real Estate we provide Real Estate Boutique services for the following product types:

Commercial – PPR Real Estate Investment Services and PPR Commercial Division

  • Sale of shopping centers – When it’s time to cash out.
  • Leasing of retail space – Do you have some vacancies in your strip mall?
  • Sale of office space – Are you planning on retiring and selling your office?
  • Leasing of office space – Do you have some extra space that could bring in some revenue?
  • Sale of industrial and flex space – You need to grow and you need to sell in order to buy?
  • Sale of commercial and industrial land – Did you decide not to build? Is it that time to sell?
  • Commercial real estate consulting regarding the sale or purchase of Real Estate – Do you need another opinion?

Residential – Casa Royo

  • Sale of your home – Your nest egg.
  • Sale of  Duplex, Condominiums and Apartment complexes – Your El Paso investments.
  • Sale of single family investment properties – Your kids tuition or your retirement project.
  • Sale of residential luxury or entry level track lots –  For that dream house you always wanted.
  • Lease of primary or investment home – We help you rent it and you manage it.

At PPR Real Estate we offer customized, attentive and value added support for whichever project you have in mind when it comes to Real Estate. We are Bilingual and Multicultural and in complete sync with the Border dynamics.

So the next time you are thinking of selling one of your real estate properties, please give us a call, we would love to serve you and your loved ones.

Saludos

PPR

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  Filed under: Selling Advice
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Selling your home – Our main objective

By Pepe Royo,

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At Casa Royo we have developed a thorough customer approach when it comes to the pricing, the marketing and the sale of your house. During the whole process, we make sure that we cover your most important priorities such as:
  • Market the home to potential buyers– We use several mass communication outlets so your house is visible to both agents and consumers. Some examples include: Multiple Listing Service (MLS), Social Media, Blogs, Newsletters, Syndication to major real estate outlets such as Zillow, Trulia and Reltor.com to name a few.
  • Price the home competitively– Overpriced homes take longer to sell and usually at a deeper discount than what it could have brought from the onset had it been priced right.
  • Sell the home within a specific timeframe– Time is of essence, and with this in mind we have fast turnaround times to help you prepare your house to market. Our local market knowledge and pricing strategies have allowed us to set realistic expectations on the timeframes desired to sell a home with a certain period of time.
  • Find a buyer for the home– This our mission, to find a qualified buyer that not only will pay top dollar for your house but to ensure the process runs smoothly and the transaction reaches the closing table. A great percentage of transactions do not make it that far.
  • Help fix the home to sell better– “an ounce of prevention is worth a pound of cure”. Having sold many homes and having been to that Rodeo countless of times, allows us to see much in advance what will be the typical buyers concerns or sticking points during a negotiation. We have several recommendations on how to be preemptive and anticipate such bumps on the road.

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  Filed under: Selling Advice
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82 Northwind Dr – Schedule your showing today!

By Pepe Royo,

Strategically located in the heart of the West Side of El Paso, this house makes a perfect home for anyone that wants be close to great stores, restaurants and schools and yet live in a quaint neighborhood. A five to seven minute drive gets you to Coronado High School, Whole Foods, great restaurants and shopping. This one story, 4BD and 3 BA house features a large corner lot with a recently updated HVAC system. In addition to a great floor plan, this house features a room that can be used as an office or home schooling venue. Please make an appointment as soon as possible, this might be yours soon.

Take a virtual tour!

Click here for more info

82 Northwind - MLS-2

  Filed under: Buying Advice
  Comments: 2


Tendencias del mercado en Bienes Raíces Comerciales

By Pepe Royo,

Hacer clic en el titulo para leer en inglés y mas a detalle que la resumida traducción

Tendencias del mercado en Bienes Raíces Comerciales

Inquilinos de Oficinas cambian su prioridades conforme se despierta la Pandemia.

Market Trends - Renters

La demanda de oficinas se cayo metafóricamente de una barranca en el primer trimestre del 2020 a las puertas de la pandemia COVID-19, según las investigaciones publicadas en Abril por Jones Lang LaSalle. La actividad de renta bajo a 45 millones de pies cuadrados en el 1T del 2020. El declive, al parecer, empezó antes en el 2019, bajando de 68 millones de pies cuadrados en el 1T del 2019 a 57 millones de pies cuadrados en el 4T del 2020. La absorción total en el 1T2020, incluyendo espacios coworking, apenas llego a los 5 millones de pies cuadrados, por mucho el primer trimestre mas flojito desde la Gran Recesión.

El estudio de JLL hizo notar que el 4.9 por ciento de los empleados de oficinas van a estar cómodos trabajando exclusivamente desde casa. Pero tres de cinco empleados aún planean trabajar una parte considerable de la semana desde su casa. Estas preferencias pueden reducir la demanda total de espacios de oficina, enfocándose a su ves en privacidad y separación de otros compañeros de trabajo, en contraste a las recientes tendencias con énfasis en los espacios abiertos y la alta densidad de empleados.

Bienes Raices Recreacionales a la Alza

Market Trends - Recreational

Aunque hay muchas noticias de la economía que no son positivas ahora, algunos de los sectores de bienes raíces están posicionados para beneficiarse de los cambios que resultaron de la pandemia COVID-19.

En varias mesas de trabajo virtuales donde la anfitriona Asociación Nacionales de Realtors®, Land Institute, y otros grupos en Durango, Colorado, resaltaron el posible crecimiento de las bienes raíces recreacionales. Apuntaron a que los compradores potenciales “solo están buscando salirse ya que sus principales sitios de esparcimiento deportivos y externos fueron cerrados; la gente ahora no puede salir en familia a estos lugares como solía hacerlo antes que todo esto empezara”.

Todo parece indicar que las transacciones son de tamaño menor en acres, lo que puede significar que son muchos primeros compradores o individuos que desean tener un espacio privado para “cazar y llenar su congelador.”

Caso de Estudio:  El impacto de COVID-19 en el mercado de Big-Box (500,000 pies o mas de comercio) en la parte este de Pennsylvania.

Son dificiles de encapsular las consecuencia de la pandemica global, tomando en consideración la variedad de tamaños y ofertas que tienen los comercios. Un estudio reciente de Colliers International en un documento de investigación (White Paper) detalla como 24 por ciento de los comerciantes de la parte este del Estado de Pennsylvania con mas de 500,000 pies cuadrados estuvieron en gran riesgo de disrupción, incluyendo los sectores de bienes de consumo perecedero, comercio de no comestibles, ropa y automotriz.

Los Propietarios de Hoteles tienen su inquietudes conforme la ocupación disminuye.

Market Trends - Hotel

 

Cuando el COVID-19 migro de ser una fuerza potencial de disrupción económica a la fuerza que cerro por completo a los EEUU en Marzo, el sector hospitalario fue probablemente el sector mas golpeado de las Bienes Raíces Comerciales.

Aun a pesar que cualquier rincón del mercado sintió el impacto de la pandemia, los hoteles de nivel mas alto fueron desproporcionalmente afectados. Podemos ver que de los 5,266 hoteles que han cerrado desde Abril 10, mas de la mitad fuero de precio medio alto, precio alto, alto-alto y lujo.

Los hoteles baratos de cadena vieron sus ocupaciones caer significativamente durante los primeros cuatro meses del 2020, pero esos declives fuero relativamente leves, considerando que las cadenas de lujo vieron sus ocupaciones caer en picada desde un 70% a llegar a un 10%.

Los centros de alojamiento de Adultos Mayoers responden a las presiones que se incrementan por la Pandemia.

Market Trends - Seniors

Mucha de la atención de los medios de comunicación se ha centrado en la alta tasa de mortalidad en los individuos de edad avanzada. El CDC estima que al menos el 80% de las muertes en EEUU ocurren en personas que tienen 65 años o mayores. Estos numeros son devastadores para propietarios, operadores y empleados que trabajan en centros de alojamiento para adultos mayores.  Por lo mismo estos grupos estan buscando todavía como ajustarse y salir adelante con los retos imminentes de la pandemia en su sector.

Notese que este sector había tenido mucho auge ya que la gran mayoria de la población Baby Boomer esta entrando en el retiro y numeros considerables estan siendo alojados en estos centros. Sin lugar a dudas un reto humanitario.

Desarrollos de Uso-Mixto apoyan a la economia local.

Market Trends - Mixed Use

Dos ejecutivos de la empresa Gensler, los señores J.F Finn y Duncan Paterson, creen que los desarrollos de uso-mixto podrían ver un incremento en vistas de los cambios sociales y económicos que estamos viendo.

Ellos escriben “que tanto la construcción física – la infraestructura, los sistemas y el tipo de uso y los lugares humanos- espacios públicos, áreas comunales y lugares de encuentro – pueden crear lugares extraordinarios que proveen un retorno máximo al capital y a la inversión humana.”

Las cadenas de suministro reaccionan al distanciamiento social.

Market Trends - Supply Chain

Los centros de Distribución han sido la piedra angular en mantener la cadena de suministro de los bienes de consumo necesarios EEUU. Por lo mismo se han tenido que implementar bastantes medidas que garanticen que esta cadena de suministro no se rompa, sobre todo por las presiones que ha tenido para hacer llegar los productos de primera necesidad a los consumidores en estos tiempos de incertidumbre (Papel de Baño).

El sector de Almacenaje Personal (Self-Storage) navego la temprana Tormenta COVID-19

Market Trends - Self Storage

Este sector del Almacenaje Personal (Self-Storage) or lo regular esta aislado de los grandes disturbios económicos, con muchos inquilinos rentando espacios por años, sin importar que las rentas sean mes a mes. Los resultados a principios de este año se mantuvieron estables y positivos, per en visperas de la reciento inestabilidad economica, Yardi Matrix (Compañia de Software de este sector) proyecta que las entregas al mercado de inventario de auto almacenaje van a decrecer por 40% en los próximos 5 años.

Source: CCIM – Commercial Investment Magazine – Summer 2020

Estamos en El Paso, Texas para servirlos.

 

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  Filed under: Noticias de la industria
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Market Trends in Commercial Real Estate

By Pepe Royo,

Market Data

Market Trends in Commercial Real Estate

Office Renters Change Priorities in Wake of Pandemic

Market Trends - Renters

Office demand fell off a metaphorical cliff in 1Q2020 in the face of the COVID-19 pandemic, according to research published in April by Jones Lang LaSalle. Leasing activity dropped to 45 million sf in 1Q2020. The decline, though, started earlier in 2019, dropping from 68 million sf in 1Q2019 to 57 million sf in 4Q2020. Overall absorption in 1Q2020, including coworking space, barely topped 5 million sf, by far the lightest first quarter since the Great Recession.

The JLL research noted that only 4.9 percent of office workers will be comfortable working exclusively from home. But three in five workers still plan to work a considerable portion of their week at home. Such preferences could reduce overall demand for office space, focusing instead on privacy and separation from coworkers, in contrast to recent trends emphasizing open workspace and increased employee density.

Recreational Real Estate on the Rise

Market Trends - Recreational

While there’s plenty of economic news that isn’t that positive at this time, some sectors of real estate could be poised to benefit from changes resulting from the COVID-19 pandemic.

In a Virtual Round Table hosted by the National Association of REALTORS® Land Institute, Justin Osborn, ALC, with the Wells Group Durango in Durango, Colo., highlighted possible growth in recreational real estate. He pointed to potential buyers “just looking to get away with all the sports clubs [and] recreation centers shut down; people just can’t get out to spend time as a family recreating like they were able to before all this started.”

While demand through March ticked slightly up, Osborn noted that many transactions are smaller in acreage, which could mean many buyers are first-time purchasers or individuals looking to own a private space to “hunt to fill their freezer.”

Case Study: COVID-19’s Impact on Eastern PA Big-Box Market

Market Trends - Big Box

It’s difficult to encapsulate the consequences of the global pandemic, considering the variety in size and offerings of retailers. A recent Colliers International white paper details how 24 percent of Eastern Pennsylvania retailers with more than 500,000 sf were at high risk for disruption, including sectors such as consumer durables, non-food retail, apparel, and automotive.

Conversely, 49 percent were considered at low risk – including food and beverage, pharma and medical, and essential retail – while e-commerce, which accounts for 12 percent of all square footage, is at a positive exposure.

The risks vary geographically, with Northeast Pennsylvania facing more risk thanks to over 5 million sf of apparel space, accounting for 18 percent of its total space. In contrast, 62 percent of the Central Pennsylvania submarket is either low or positive exposure, thanks to a large footprint from food and beverage retailers.

Owners Have Reservations as Occupancy Drops

Market Trends - Hotel

When COVID-19 went from potential economic disruption into the force that shut down the United States in March, hospitality was perhaps the hardest hit sector of commercial real estate. The data matched the narrative, with occupancy dropping 15.9 percent and demand falling 14.2 percent, according to 1Q2020 figures released by CBRE.

While every corner of the market felt the impact of the pandemic, high-end hotels were disproportionately affected. Of the 5,266 hotels to have closed through April 10, more than half were upper midscale, upscale, upper upscale, or luxury. The 234 luxury hotels represent 64.3 percent of all rooms in that category.

Budget hotel chains saw occupancy drop significantly through the first four months of 2020, with economy outlets’ occupancy falling from 52 percent to 37 percent. But those declines are relatively mild, with luxury chains seeing occupancy free fall from almost 70 percent to 10 percent.

Seniors Housing Responds to Mounting Pressure from Pandemic

Market Trends - Seniors

Plenty of media attention has focused on COVID-19’s increased mortality rate in older individuals. The Centers for Disease Control and Prevention estimates nearly 80 percent of deaths in the U.S. occur in people aged 65 or older. These numbers are harrowing for owners, operators, and employees at seniors housing facilities. Due to the increased costs and an expected decline in occupancy, the sector is looking at real-time data to help forecast the continued impact of the pandemic.

Ventas, a Chicago-based real estate investment trust that’s among the country’s largest holders of seniors housing, announced rent deferrals for some of its operators in April. Such actions could be much-needed relief to struggling facilities, though Ventas noted deferrals will only be offered to locations that do not receive government assistance.

“There are now strong indications that tours and move-ins are beginning to slow,” Ventas said in a recent statement.

Mixed-Use Developments Can Keep It Local

Market Trends - Mixed Use

Two executives with Gensler, J.F. Finn and Duncan Paterson, believe mixed-use developments could see a boost in light of social and economic changes. The pair write how microgrids can improve efficiencies for self-sustaining districts. A localized energy source improves flexibility and decreases waste. Additionally, mixed-use spaces encourage shared environments that can provide an array of products and services safely and efficiently. Inhabitants, the pair write, will be closer to health services in a self-contained area, while such a hyperlocal arrangement may improve a sense of community.

“This means that both the physical construction – the infrastructure, systems, and assemblage of uses – and the human places – the public spaces, communal areas, and places for dynamic collision – can create the kinds of extraordinary places that provide the maximum return on capital and human investment,” the two write.

Supply Chain Reacts to Social Distancing

Market Trends - Supply Chain

Distribution centers have been critical in maintaining the supply chain for necessary goods in the U.S. But with economic uncertainty tied to public health challenges, social distancing within distribution centers is crucial to ensure employee safety and continued operation.

Cushman & Wakefield released guidelines for distribution centers to improve social distancing, with tips to stagger work shifts, reconfigure common areas, and discontinue large team meetings. The report also outlined three long-term changes to balance worker health and operational efficiency:

  • Implement worker temperature checks and illness screening.
  • Adjust layout of workspaces inside warehouse facilities to give employees more horizontal and/or vertical space to improve social distancing.
  • Explore accelerated adoption of new technology and innovative use of existing technology.

Self-Storage Weathers Early COVID-19 Storm

Market Trends - Self Storage

The self-storage industry is often insulated from large economic disturbances, with many tenants renting spaces for years, despite the month-to-month structure of leases. March, according to statistics from Yardi Matrix, was a positive month for the sector, with demand improving amid the fallout from the COVID-19 crisis.

National rental rates for a typical 10-foot-by-10-foot, non-climate-controlled (NCC) unit remained flat year-over-year, at $116. Performance varied greatly regionally in the U.S., however, with Minneapolis seeing rates drop by 7 percent for 10-by-10 NCC units, while rates increased in Las Vegas, San Francisco, and Los Angeles.

Self-storage properties under construction or in planning represent 8.9 percent of total inventory, which is a large increase from the previous year. But in light of recent economic instability, Yardi Matrix projects deliveries to market will drop by 40 percent in the next five years.

 

Source: CCIM – Commercial Investment Magazine – Summer 2020

ccim-2018-logo

  Filed under: Commercial Real Estate News
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5700 N. Mesa Street Suite F El Paso, Texas 79912

By Pepe Royo,

Located in the Heart of the West Side of El Paso on restaurant row, very close to the mall and next to planet fitness, this space could be ideal for many compatible uses. Please take a look at this Turn-Key End Cap space ready to go. The space is completely built-out, includes one bathroom and will require minimal work if your concept is not build out intensive and customized. 1 Bathroom included.The space consists of 1,200 SF and sits on the far right End-Cap with a great side terrace that can be used for customer seating or showcasing outdoor merchandise.

Click here for more information

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  Filed under: Commercial Real Estate for Lease
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