Posts

Showing posts with the label buying a home

6 Simple Ways to Save Money at Home

Image
  With the economy being what it is, people are more conscious about their expenses. The last thing you want to be doing is spending money on things that are not essential. There are simple ways to save money at home, which can cut down your bills significantly. Use energy-efficient appliances If possible, buy energy-efficient appliances such as washing machines and dryers that have lower water and energy consumption levels. These will help save energy and thus money over time because they consume less electricity than their non-efficient counterparts do. Consider replacing your old refrigerator with an energy-efficient refrigerator. You may not be aware of the fact that your fridge is one of the biggest consumers of power in your home. An inefficient refrigerator can use up to 300 kWh per year, which is more than 10% of the total household energy bill. So, it is important to get an efficient one that uses less electricity and saves you money on your electricity bill. Use en

4 Tips for First Time Home Buyers

Image
Buying a house is one of the biggest decisions an individual has to make in his or her lifetime. It is not as simple as buying accessories or clothing. A house is an investment and you are going to take major risks with your finances when purchasing a house. There are many things to consider as well as preparations for long term investing. Here are a few tips for first time home buyers to set the pace in finding your dream home . Know that you are ready When it comes to buying a home, you have to be physically, emotionally, mentally and financially ready for it. For young families, having your own home gives you that sense of fulfillment and freedom, yet it also comes with a set of responsibilities and obligations. You must have enough money for a down payment or equity and you should also have the ability to pay for the monthly mortgage. So ask yourself first, do you have a steady and reliable source of income? Have you paid previous bills or your bdo personal loan

The Key Considerations That You Need to Make When Buying a Property

Image
Buying a property is a major investment. You need to make sure that you are fully aware of the process that is involved in this decision. For some, it can be an overwhelming experience. The jargon and the financial process can be complicated to understand. What is more, the physical process of house hunting can be less than exciting and more of a chore. Relax . What you need is a handy guide to assist you with your house buying quest. With thanks to Philip Taylor on Flickr -   https://flic.kr/p/bDwfRq Here are the key considerations that you need to make when buying a property: 1.    Working Out a Budget While you may dream of living in a country mansion in the middle of nowhere, you need to be realistic. Working out a budget is important. Are you buying a property alone or is this a joint venture? Typically, you will be loaned money based on your income. As a single person, this is three times your annual salary. As a joint venture, this is worked out at fiv

Important Things to Consider when Buying a Home

As we are eyeing into purchasing an owned family abode. Me and my husband conducted a family meeting to discuss and hear ideas from our two sons to consolidate our plans of where and what type of house do we need to buy. It will be a permanent dwelling so we need to assent to the most important things to look for and consider when buying a home. We were happy to know that our children agree with our ideas of an ideal home. We opt to buy a house that will fit the family needs, interests and wants. Which is most preferred a high rise dwelling or a single-detached house and lot? Majority voted for the single-detached house with a spacious lot in front and back. We all want to have a small backyard garden to do mini-farming, as we are all enthusiasts of agriculture and taking care of house pets at the same time. We are planning to buy for a home that is uniquely designed to fit our wishes and budget. We prefer a green home that is energy-efficient and is more comfortable and healt