The Art of selling your house quickly
With the media focused on reporting the growth that exists in the UK property market, you could be forgiven for...
Category: Rental Property
The Current Dip in Property Price in Delhi-NCR – Good Time to Buy
The Indian real estate market has been facing several ups-and-downs over the past years. This was particularly true from 2012 to late 2013 as property prices yo-yoed up and down, resulting in tremendous confusion. Buyers held back as they waited for the market to stabilize. However, the year 2014 brings good news for buyers. Property rates in some areas in Delhi-NCR have fallen by over 20 percent, according to NDTV. The National Housing Bank’s Residex Index was the first to point out this fact. The Index tracked residential property rates across 26 different cities in India. The Index stated that...
Buying Property: Three Key Points to Remember
There are three key financial elements to remember when purchasing a property. These are crucial, to ensure that investors get a property to suit their lifestyle, and something within their budget. The process of purchasing a home varies slightly, depending upon whether the investor lives in England and Wales or Scotland. Borrowing Estimate Before looking at property for sale at Zoopla.co.uk or similar sites, it’s important to speak with a mortgage advisor. They will calculate the size of the deposit, how much the investor earns and their credit rating. Then work out a maximum loan amount. Gone are the days...
What to do Wednesday in Personal Finance? Is the Adjustable Rate Mortgage becoming extinct?
I was reading an article last week that made the motion that adjustable rate mortgages (ARM) are dying. For starters, adjustable rate mortgages are loans where the interest rate changes periodically. Generally they are a good option when you are buying a house and the prevailing fixed rate mortgages rates are high. This notion did not surprise me because interest rates are at historic lows for fixed rate mortgages. You would be silly not to lock in a mortgage at these rates now, the interest rates are likely not going to get any lower than they are in your life...
I’m a baller – I own rental furnished apartment properties
Well I am not new to the rental property thing but I will tell you how it all started. It all started a few years ago about rental properties when we were looking to move out of our furnished apartment for rental because our landlord was driving us crazy. We were aggressively scouring Craigslist to find an apartment. Well we found an apartment, ground level which means no stairs! We decided to grab it as soon as we saw it; we definitely thought the rent was well below market value. Come to find out the gentleman was getting ready to put...