Ever get confused by the massive amount of home loan packages that bankers sent you? In Singapore, there are more than 20 banks and financial institution that proves mortgages to homeowners and the total amount of packages that they have would probably come up to about a hundred. In general, home loan packages can be...
When it comes to buying something for your home, you have the option of renting or buying a particular item. Each approach comes with its own set of advantages and disadvantages. Renting an item allows you to offset the expense of paying the purchase price for an item; however, it’s no different than renting a...
Taking out a mortgage can be a difficult process for first-time buyers. Representing a loan tied to the value of a property, which is paid back with interest over a fixed amount of time, a mortgage is essential to buying a house. Banks and credit agencies may be less likely to approve a favorable rate...
There was a time when only the most important of managers were given the privilege of working from home. They got a company leased line, and enjoyed conference calls via the wonders of, at the time, sophisticated IP telephony. Today, even the most average of broadband connections can support remote working, and almost everyone has...
Increasing numbers of households are practicing recycling, but fewer of those households are practicing the other tenets of the environmentalist “Reduce, Re-Use, and Recycle” mantra. Given that the recycling process has its own environmental costs, the “reduce and re-use” aspects actually have a greater environmental impact. From the point of view of an individual household,...
There are different types of mortgage insurance available in the market and private mortgage insurance (PMI) is one of the most common types of mortgage insurance that people often complain about. Private mortgage insurance often requires the homeowners to pay a heavy premium, but even then it doesn’t provide the required coverage that most homeowners...
Investing in a home is a great opportunity to save the future, but there are many costs entailed in having a mortgage that renters never have to worry about. The cost of repairs, home insurance, and interest on the mortgage is the largest side expenses to homeownership. Another cost of ownership is the choice of...
In a climate of volatile stock markets and low rates of return offered on many savings and investment options, investing in property through a buy-to-let mortgage arrangement may look like an enticing prospect to the investor. For those able to raise a large enough deposit, a buy-to-let property can have the potential to generate a...
Buying your first house is a step that many of us look forward to for years. That moment when you have the keys in your hand to your own home is considered one of the best moments in life. It’s important however that when you are looking for your dream home, and when you’ve found...
How to discern motivated buyers from “just-looking” browsers I’m considered a successful real estate investor. I have multiple rental properties that are very lucrative and I’ve flipped a few houses of my own in the past with great financial success. However, when I talk to other colleagues investing in real estate investing, they often complain...