Questions To Ask Before Buying Your First Home

July 05, 2016  //  Posted by: Cheney  //  Category: Homes & Properties

Home buyingLife is filled with amazing firsts; let’s say for example, your first baby steps, your first day at school, your first job, your first love. All this firsts are memorable and very essential part of your life. In similar manner buying your first home is also one of your special first moments and you want it to be perfect and memorable. Whether you are buying your first home for leaving your parents’ house for first time or you are buying your first home after renting a home for years or buying your first home with your partner or spouse, buying your first home is a big step. You need to make lots of preparations when you are standing in this phase of your life. How do you know whether you are ready for buying your first home and when you know what things are to be taken into consideration while buying your first home? Here are some of the questions you should probably ask yourself before going into the decision of buying your first home.

  • Can I afford it?

Buying your first home will have a great impact on your finances, thus don’t rush into the decision and make sure you can afford it. If you are having a crashing financial condition then rushing into the decision of buying your first home can be really too much for you and you will have to resell your first home without even getting complete ownership which could be really sad. Thus make your purchase when you are ready and you can afford it. Housing has become really affordable and with low interest rate policies and incentives like tax credit, it has become easier to buy your first home. But purchasing any property involves plenty of other costs like buying new furniture and moving expenses so think whether you have enough cash or not to bear these expenses. Make a budget for monthly payment of mortgage and other cost such as maintenance fees or association fees if you are buying a condo.

  • Am I mortgaging worthy?

Let’s think you have enough cash but what about credit? Credit is also very essential part for buying your first home. It is not at all a secret that getting mortgage is not as easy as it used to be in earlier days. Lender does see your income, assets, liabilities and then give you mortgage as they want to make sure they don’t exceed debt to income ratio.

  • Do I plan to live here at least 5 years?

Many of the personal finance experts says that unless and until you plan to live for 5 years in the same house you cannot get enough resale value of the home. Thus if you are going to move in couple of years then it’s better to rent a home and not to buy one. Buying your first home will be worth only when you want to live in there for more years.




How to Organize your Home

May 24, 2016  //  Posted by: George  //  Category: Homes & Properties

How to Organize your HomeThinking of organizing your home? Well I know you might be thinking that from where to start from but let me tell you that the process of organizing your home is considered to be a fun loving thing which you can comply in your home. It depends on the home owner that which type of thing they want to comply in their home at the time of organizing your home. Not only that but many a times we take resolution to comply and to keep our home as in the organized way buy the things are not the same every time right. So organizing you home can be considered to be a tough thing which the home owners can easily get complied with when they are actually in need of organizing your home.

Well, if you will ask me than there are many tips which can help you in dealing with the process of organizing your home in the perfect manner which you want to in your home. There are certain things which you need to keep in mind at the time of complying with the process of organizing your home like the budget which you want to comply with, the drawers which you are not using it, etc. an many such things which can help you in organizing your home.

How to organize your home

  • As I already told you that there are many tips which can help you in organizing your home, many old things which you are not talking in to use can be used for the matters of installing the process of organizing your home.
  • Let us discuss about the things which can help you in organizing your home. The first thing which you can go for is the old drawers and its lids which you are not talking it in use. You can use it as the manners of hanging it on your wall which is used for the matters of hanging up things which you are in need of.
  • You can get done with the process of organizing your home with the help of installing racks on the walls. I know you might be thinking that what racks will be in help of but if you know that drawers are meant to get more space and racks will help you in talking less space and surplus to that it will help you in getting your things done for the matters of organizing your home in a budget which can be considered to be beneficial for the home owners.
  • Even you can go for small things like the accessories of the girls which you are not talking in to use because these small things are going to give the charming effects to your home at the time of organizing your home.
  • Not only that but you can go for small bottles which has been used for the matters of consuming drinks. You can grow small plants in it and let them lay on your table which you have installed in your home. this will help you in giving the greenery effects I your home and the feel that you are near by the nature.

How to find your Dream Home

January 02, 2016  //  Posted by: George  //  Category: Homes & Properties

finding your dream propertyOne of the biggest investments of our life is to get through the process of purchasing our own dream house. Yes, I mean we always have the fantasy of having a perfect and dreamy house which we have always dreamt of. So finding your dream home is the biggest thing which every home owner has wished of. For finding your dream home, there are certain things which must be considered by the home owners.

The main and the core objective of this article is to assist you to know more about how to find your dream home which you are always in the need of. In accordance to my perception, finding your dream home is not an easy thing to comply with. Many of the criteria are to taken into consideration like the budget, the foundation, the design, etc and many more which can be included in the search of finding your dream home.

Finding your dream home

  • There are many things which must be considered by the home owners at the time of finding you dream home because we invest for once and it is not possible for anyone to change the property again and again. Take the decision keeping in mind the importance of the home and no one can afford of getting and purchasing the home again and again.
  • The first and the foremost thing which one must consider at the time of finding your dream home is to decide and be accurate upon the budget which you are thinking to keep for your dream home. This factor affects a lot at the time of going for right time of property for you. And be determinant of finding new home for you because it is going to get more of your investment at the time of buying it for you and your loved ones.
  • The wishes are considered to be the second thing which comes across. As we are talking about your dream house. I know you might have also prepared the things which must be seen in your home and must be presented in such an appearance like the views from the house, the doors and the huge windows and its installation in the house, nice garden view, etc and many more of the things.
  • At the time of finding you dream home you must check for the surrounding which is consider to be the important part of going for your property. Like the school, the park, your office is near by the home or not, the neighbors which resides around you are good or not and many more facts which must be kept in mind at the time of going for your dream house.
  • Location, location, location! Is another thing which everyone has the fantasy of. If you have your property in best location than mark my words you are going to have lots of money in the future because the price of your home will me more at the time you are selling your home. If you will follow up with all this steps than you are going to get the best dream house which you have dreamt of.

Benefits of Serviced Apartments

July 30, 2015  //  Posted by: George  //  Category: Homes & Properties

There are many companies which supplies their employees with many benefits which can be increments, bonus, house facilities, electronic appliances, and what not. One of the things which the companies provide is the house allowances and the apartments to live in. many companies have their policy of providing the service apartments to the employees of the company so that they don’t face any problems. Because now day employees are also select from different states or countries and for those people it is very difficult to find the house. For them companies get the facilities of serviced apartments which give the relief to the employees working in the company. The service apartments are fully furnished with all the amenities in it. The employees are provided with the service apartments which is excluding their remuneration of the work which they perform for the company.

In other words, serviced apartments means a home with hotel amenities which is provided by the companies to its employees. Here are some of the benefits of serviced apartments which can be helpful to you to determine the exact importance and merits of the serviced apartments.

Benefits of Serviced Apartments:

  • As compared to living in the hotel, service apartment plays for the better role. Because the main advantage of having a serviced apartment is the large living area which is provided by the companies. Hotels have just one room but the serviced apartment has different rooms like living room, bed rooms, dining rooms, etc which is very fascinating for the employees working in the companies.
  • The serviced apartment is supplied with the kitchen. This feature of serviced apartment is very much helpful for the employees of the companies because eating outside food every day is very unhealthy and tiring so this feature of kitchen in the home is healthy and in the favor of the employees too. Storing food snacks for the emergency is very useful when you are accompanied with the serviced apartments.
  • No worries regarding the housekeeping annoyance. Because as we have stayed in hotel, the house keeping department visit the room and no doubt it is the duty of them to comply with the work but when we want to take the rest and at the same time when the housekeeping knocks the door it feels annoying. This problem is solved when it comes to the serviced apartments. There is no worry of any housekeeping because things will be done according to our needs and wishes.
  • The serviced apartments are fully furnished and with the necessary equipments like ACs, heaters, Television ,etc and there is no need of any employee to find the things and fix it at the place. All this things are already adjusted to its place and is just the employee need to use it. The main benefit of serviced apartment is the employee need not to work anything or will not face any problem if he shifted to the serviced apartment.
  • The price of the service apartment is cheaper as compared to the hotels. Sometimes, if it is in the companies policies than the accommodation if from the companies and for free. Depends upon the employees , which companies they elect for their working


Invest In Residential Awnings

February 02, 2014  //  Posted by: cooldude  //  Category: Homes & Properties

Invest In Residential AwningsThe residential awnings are a much favored home addition when you are planning a comfortable and efficient nest. The awnings assure an aesthetic touch in your outdoor and also confirm an energy-efficient living. A properly placed residential awning brings form & function to your landscape. The post below is all set to discuss about the benefits of residential awnings.

Cool interiors

When it comes to cool interiors you invariably think about your air conditioning machine. But the problem is that AC maintenance and running is a pricey affair. Besides, the AC machines also contribute to environmental pollution. Your residential awnings would be a fantastic help here as these are able to prevent harsh sun rays into your home – thus assuring a cooler ambience in the summer season.

Less energy use

This is another great advantage of taking to residential awnings for your home. You must know that regular usage of AC machine result in grand energy consumption- which is alarming both for your pocket & the environment. But when you are installing the residential awnings, you are getting a cooler home without any such costly expenses as is common with AC machines. These days you have the retractable awnings that can be adjusted as per your heat & cooling needs.

UV block for furniture

As the residential awnings help to prevent the UV rays to enter your rooms, these not only help you from heat but also safeguard your valuable furni9shing from the harsh effects of the damaging ultra-violet rays.

Real estate benefits

It’s to stress here that investment in residential awnings is great if you are planning to sell off your home in future. Given the aesthetic appeal & many benefits assured by awnings, a property fitted with residential awnings always carry higher market value in the real estate scene.

Selling or Renting House – Which Is Best?

December 30, 2013  //  Posted by: cooldude  //  Category: Homes & Properties

Selling or Renting HouseObviously any person who is clever enough in the head will always go for the former option that is renting your primary house to another person or people. Instead of selling the property rent it out, refinance it and see that this turns out to be a better option as you go to buy a new home. Refinancing is the best way of investing in real estate such that you are sure that there will be only profits in the future and nothing else.

Economic advantages: this is one big advantage as to why you should rent your house and not sell it. if you are not going through a financial crisis whatsoever and there is no big loan which you have to pay back then renting your property is the best deal. Renting your home also gives you the option down the line to take out a home equity loan if you need to secure even larger sources of debt financing. It ensures a continuous flow of income even without doing any work. This income may prove to be very helpful in difficult times and is a great form of backup in case your business crashes

The main thing about renting a property is of course as a landlord you will have to make sure that the house being rented is in a fit enough position to be living in. For this you will need to make changes here and there and for this funds will go. You will need to spend some money in order to make someone buy your home but this will prove to be a profitable venture in the future when there will money only coming in.

However if you sell the house you need to decide whether selling it is that important and will it prove to be as good as renting it. The profit you get now after selling it or the regular income you get after renting it- which is going to be more fruitful.

Furnished apartments – benefits and disadvantages

December 23, 2013  //  Posted by: cooldude  //  Category: Homes & Properties

Furnished apartmentsBe it relocating, in town for a few days or weeks on business, or simply a vacation, furnished apartments have captured the interests of many. Before trying one out yourself, here are some pros and cons you should be made aware of. Let’s start with the pros.

Affordable: Spending tons on hotels can take a toll on your pocket real quick, especially if you are looking for a luxurious hotel room with a lot of facilities. On the other hand furnished apartments are economical since they have monthly or even weekly rates created to suit your budget.

Feels like home: A major reason of checking out furnished apartments is that it gives a ‘just like home’ feeling. A whole range of amenities that can be used by you whenever you wish to. A fully functioning kitchen complete with oven, stove, dishes, pans, pots, will enable you to make your favourite meals there itself and will save you the cost of restaurants.

These were advantages if you needed a furnished apartment for a temporary trip, lets now talk about relocations.

Main advantage of renting or buying a furnished flat is it takes away the pressure of providing furniture. This is most appropriate for young adults or college pass outs who are maybe moving into their first apartment. Renting furnished apartment is also beneficial for those having very little furniture of their own.
To talk about the cons now, if you already have furniture of your own or plan to buy new, then furnished houses are not the best option for you to purchase or rent. Or if you are going through a tight financial condition, a furnished apartment might not be advisable since its cost would automatically be more than an unfurnished one.

Coming to temporary trips, if you are someone who is accustomed to hotels, or if the trip is extremely short and professional, a furnished place would be a complete unnecessary expense.
Well then, you should gauge your requirements, and make your decision, furnished or unfurnished.

Selling off your property fast

December 09, 2013  //  Posted by: cooldude  //  Category: Homes & Properties

sale propertySelling of a land is a task of immense challenge for the seller and that too in case of economic down turns. Here are some easy tips that you can follow while selling off your land.

a) Clean the property: You must make sure that your property is completely cleaned, repaired and organized before you put it up for sale. It is very essential that the house must look perfect and attractive to the prospective buyers. The major task is to keep the main area clean and neat and free of all the debris and junk. You should also remember to remove all the wild trees and the hideous things that might make the buyers to think once again.
b) Mark the property lines: You should make the use of spray paints to mark the area of the property so that the buyers get a clear idea of the area of land that they are going to purchase. It will help the buyers to focus on the main area and avoid the surroundings that might not be in a good condition. This is done already will help to reduce the time in locating the actual margins of the lane.
c) Talk to the real estate developers: Real estate developers are very much interested in buying plots of land for commercial purposes. So you can go around and look for the developers who are in search of lands. You must call these companies and place forward your offers with the best value of your property.
d) Post an advertisement on the internet: Internet is a very wide place for the land buyers. There are various websites that advertise for the sale of properties. By getting your land enlisted you can get numerous prospective buyers.
e) Offer financial options: You can provide the facility of payment in installments.

Corporate Housing – a brief overview

November 30, 2013  //  Posted by: cooldude  //  Category: Homes & Properties

Corporate HousingWhat is corporate housing? Well, the very term is in perspective to travel industry and refers to a well furnished apartment which is usually put on rent on temporary basis – as a good alternative to conventional hotels. These are mostly like the smart vacation homes, all plush with gym and pool. Corporate housing is a favorite among the spirited business travelers who love to savor pleasure entwined with the business deals. In case you are looking out for a potential investment opportunity in the property scene, corporate housing is a great idea.

It’s to stress here, that according CHPA (Corporate Housing Providers Association) data, the revenue garnered by corporate housing market has witnessed a stellar growth since the last 3-4 years. Now, why is corporate housing such a lucrative trend? Well, this type of smart vacation homes offer bigger square footage & the most amazing part is that it costs lesser to hotels. The customers are pampered with full client service amidst a very stylish setting.
The corporate housing facilities are favored for extended stays like mostly one month or more- which otherwise might be very expensive had it been a hotel. It offers a temporary stable accommodation within a convenient setting. Unlike hotels, in a corporate housing, your clients will feel safer as here they aren’t surrounded by the transient guests.

If you are planning to invest in a corporate housing you have to sign up with a good realtor to ensure a proper marketing of your apartment. The huge popularity of vacation homes has really elevated the competition and hence you need an expert realtor here who is well versed in the effective marketing techniques. It should be noted here that corporate housing facilities are renowned for all furnished and refined look- when you are planning for the same make sure to retain that kind of suave ambience.

Signs of a Good Property Manager

November 02, 2013  //  Posted by: cooldude  //  Category: Homes & Properties

Property ManagerProperty Management is a good career option. A property manager works both for the owner of a real estate directly and also with property management companies. He assumes a relationship of trust and confidence between the company and the property owner.

An ideal property manager should be well informed about all the laws and regulations of property dealing that is prevalent in the land. He requires a legal license as the manager and must know all the legal formalities that have to be completed. Mistakes can lead to the cancellation of license, loss of account and reputation. He must be highly honest with his work. He collects rents, security deposits and is entrusted with large sums of money. He must be a good advisor and must have the sense of the right and the wrong. He must be organized with his daily works of rent collecting, maintenance of accounts. He should multi-task.

He must have good communication skills. He has to deal with different kinds of people of various personalities. He should always stay calm and should deal with the lawyers and judges in a professional manner. It would be great if he could speak in other languages. He must be well-versed with computers like the use of e-mails, faxing, and mail merging as well as Microsoft word, Spreadsheet, and Excel. The manager should deal with the different problems easily and patiently. He must enjoy his work. He should address the tenants with dignity and respect.

He should have a good sense of humor while working with different people. He must conduct his bit of research. Documents must be read and checked carefully before they are submitted. A perfect manager should not be fickle minded and should have a sense of commitment and duty.