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September 16, 2018January 20, 2024

Tips to maximise your profit while buying a Real Estate or Housing

It is very common and natural to worry or feel anxious when we decide to buy a house or property. The fear related to this is never-ending – whether to go for a loan, will we have enough cash for the down payment, are the papers of the property all legal, what if there is sudden decline in the property value after our purchase. Since a lot of cash goes at stake, of course we want to make sure that we get the best deal. Hence it is always safer to hire a property agent or real estate agent who knows the market well, has good list of properties to offer and understands our requirements and all criteria well.

However following are some of the very basic tips that we should consider when we plan to buy a property –

We need to thoroughly understand how much exactly we can borrow – It is very important to know how much we can actually afford on home. A pre-approval letter from the banker is always a pre-requisite for house hunting. In fact, most of the property agents or real estate agents need a pre-approval letter before showing the property to their clients. Moreover, knowing our budget also helps to save time on house hunting.

First know the amount you can borrow to buy your house — Important to know how much we can actually afford on a house.

Either be the first or the last – It’s a trick! If we are serious and understand that it is a great deal, then one trick is to quickly make an offer to the owner or to the agent who would pass it to the seller of the property. This way we can win a good deal.

On the other hand, another situation where the owner is tired of holding on to a particular property or he wants to sell it off for personal reasons on great discounts, then the trick is to make an offer for it. In most of such cases, the seller will entertain almost any offer made.

We should buy property when it is a buyer’s market and avoid during seller’s market – A buyer’s market is one in which, there is a decline in the home prices due to reduction in demand. On the contrary, in seller’s market, the property price is very high due to increasing demand for homes. So here the tip is to invest when the price is low i.e. during buyer’s market to benefit ourselves.
We should always remember the amount we need for the down payment when we purchase a house – Usually, the national average for down payments is 11%. So we must check the hands on availability of this amount the moment we to plan to buy the property.
It is worthy to note that a pre-approval for a mortgage indicates that we are a serious buyer – Both our real estate agent and the seller of the house or property feels more focused seeing that we are serious about the deal.

Mortgage pre-approval form — A pre- approval for a mortgage makes the seller understand that the buyer is a serious one.

For the buyers of their second home, it remains a question whether or not to sell their current home before buying a new one – To answer this, it totally varies from case to case. If the current home’s built-up equity will be applied on to the down payment on the new home, for sure, the previous house has to be sold prior to the new purchase. In other cases, if the client decides to rent out their current home as an investment, then the house does not need to be sold. However whatever the situation is, it is the loan advisor who does the preliminary examination and evaluates the risk of our profile. He checks the credit history too in order to determine whether taking a loan for the new home is feasible while retaining the title to the old home at the same time and accordingly will guide the buyer.
It is advisable that to view at least some number of houses physically even in today’s’ online convenience before buying our new property – Today online we can search, see pictures and even see a 360degree view of the house/rooms. However, when we are going for a lifetime investment, visiting at least a few houses to actually see how it looks and feels is worthwhile.
If the buyer’s offer is not accepted by the seller but another counteroffer is proposed by the seller, then it is better to look at it if we are really keen for that particular property – The current owner of the house might flat-out accept or reject an initial offer or he might also initiate a counteroffer. If this be the case, then all we need to do is with our property agent, we need to review it and determine whether the counteroffer is acceptable or not. Let’s say, it looks all good then without any delay we should go ahead to close the deal.

Saying all these, it still remains quite a hectic procedure and many stay in dilemma in this respect. Hence the best way to go ahead with such dealings is to have our own property agent or real estate agent to help and guide us in the process. He is the person who will understand the whole picture, send email alerts to notifying us of any new property listings and close our deal in a lesser complicated way.

Get a property agent – https://www.stringssg.com/property-agent-singapore

September 13, 2018January 20, 2024

How to decide on what to Invest

One major question that always lingers in our mind is how we safely invest our hard earned money. Be it any type of investment – Stocks, Real estate, Bonds, Gold, Cash equivalent, Mutual funds the question remains the same.

To answer this, we must take into account the following pointers before we step into making any kind of investment-

We must Identify and review our needs and goals – At first place, we should understand what exactly we are looking at from our investments and how much risk we can take.
We must make an investment plan – We must make a plan starting with low risk investments and then move to medium-risk investments. Higher risk investments are better to avoid in the initial phase.
Decide on how long we can invest – Different investments have different goals, time frames and also varied type of risks. So before we even consider investing our hard-earned money into something, we should go for a reality check.
Do not run after any hot tips – Many people around us, are always suggesting or coming up with different tips regarding where and what to invest on which mostly sounds very lucrative. However we should never fall a prey to such hot tips as we never know the risks involved or it might turn out to be totally fraud.
Our focus should be to diversify – The idea is to spread our money across different investments. It does not have to have same direction of movement of prices. This is known as diversifying.

Gold is a type of investment — Gold – considered as a form of investment for years!

We should always maintain an emergency fund – It is always smarter to have cash on hand to cover out-of-pocket expenses. We should have enough money in a savings product in case of any emergency.
We must avoid high- risk products at first place – Only consider higher risk products once you’ve built up money in low and medium-risk investments. Investments which are much more risky than we were told it would be or investments that are sold without a good explanation of the risks associated with it or the ones which does not provide any compensation.
Many investment plans have hidden charges – We should thoroughly read between the lines and also do our own research properly before we jump into any big decisions on any type of investments.

Real estate and housing — Real estate- an investment for many.

Saying all these we should look forward to a safe investment product that benefits our life to a great extend. We should therefore hire an investment consultant or financial advisor or savings planner to help us choose the right plan. Savings and investment consultant will do the needed research, understand and follow changes in the investment market, update on economic news and accordingly guide us with the best choices.

So let’s not delay and put our steps forward to a better and secured future with our personal investment consultant or financial advisor .

July 18, 2018December 8, 2023

5 reasons to get a health insurance

One of the main factors in determining the cost of life insurance is the age of the client. It’s just a fact. The older the person, the higher his risks. The earlier you make out the insurance, the more profitable and better for you.
Do you think that dangerous situations are encountered exclusively in the lives of firefighters, stuntmen and testers of new models of racing cars? Unfortunately no. Ordinary drivers and even pedestrians risk no less on the roads of mega cities. Knowing that in the event that you or the family members will be mitigated by all the costs, walking and traveling are somehow calmer.
Car insurance today is a must. Insurance is for everyone who has a car. As for me, having life insurance is more important. Just think, people value their cars more than their own lives!
If a person broke a car, he has temporary inconveniences, time and costs for repairing, repairing or buying a new car.
If a person has lost his capacity for work or passed away, his family has lost a breadwinner and is exposed to huge financial risks.
Having health insurance allows your insurance company to negotiate better rates with hospitals and doctors. The more people that have health insurance, the larger the pool and therefore the costs are better absorbed. Larger medical networks typically have lower premiums since the insurance company is able to distribute resources equally. More people having health insurance also creates a more competitive market and insurance companies are likely to offer lower rates in order to keep current customers and attract new customers. The more plans that are available allow for individuals to shop for plans that are more compatible with their lifestyles.
The best time to buy life insurance is today. Let’s draw conclusions.

Click here to get your free consultation health insurance!

July 9, 2018February 28, 2024

Do I need a life insurance?

Each family has certain plans for the future. For example, to improve one’s financial position, grow children and to give them a good education.

Whatever purposes set before itself the family in most cases achievement of these purposes demands financial inputs.

Money is necessary for everyday life of family, for large purchases which improve quality of life, for providing the future, and the future of children. But let’s think from where in family money comes? The answer is clear for most families it is the earned income. It is income which parents get from their work day after day. And here we approach a conclusion which is obvious but which for some reason at all isn’t realized by many people. For vast majority of people their life and working capacity — that is the ability to work and earn money is the only asset, the only source which brings them money. And literally everything depends on this only source of income. Completely the current life of family depends on these means, it is necessary to buy food, to pay necessary goods and services. Long-term goals of family entirely depend on this source also they will be reached only provided that the family regularly gains the current income, and a part preserves it for the future.

This only source of income, which is life and working ability of the parent it is crucial for family. There is a logical question and whether something can threaten it? If threats exist it is necessary to protect from them an income source and by that to ensure financial safety of family. Present that you live in the hot desert, among the heated sand. Life of your family depends on water in the only well. Whether you will clean him, to preserve against sand and heat?

Our life is impregnated with risk. Including — there are events which can threaten life and working ability of the person. So these events threaten also financial well-being of family. They can put family on a poverty side, having crossed out all her plans, and having destroyed the future of children. Time so needs to be found out what can threaten our life and working capacity and to protect the only source of income. Life insurance is the only decision allowing families to compensate sudden and sometimes very severe losses which can bring a disease and accident.

As the house begins to be built with the base, and in a basis of the financial well-being people put life insurance. It is a reliable support for your long-term financial plans. In it the most important application of life insurance consists. Also, life insurance is effective and very powerful investment tool which allows families to create the trust funds, accumulation for training of children and own pension capital. To protect assets from prosecution, to create and increase greatly inheritance, to provide the preferential taxation for the capital these and many other problems it is capable to solve for your life insurance. Surely use life insurance, having forced to work as this flexible, effective tool, this powerful financial leverage — in own interests.

Click here to get your free consultation on life insurance.

May 13, 2018August 31, 2023

Educated, Certified and Experienced Personal Trainer

Educated, Certified & Experienced Personal Trainer

We are all aware, that, ‘exercise’ is the key to that ‘sculptured body’ we dream of; but , ‘HOW’ to exercise is the ‘anthem’ of succeeding it. The answer to this how is an ‘Educated, Certified and Experienced Personal Trainer’ – the faster we understand this the better for ourselves.

Today, at every step of our lives there is competition which snatches our time to focus on ourselves. We rush ourselves to the gym and with our head full of day’s ordeals we mostly end up working out ineffectively. This further adds on to our stress when we see that, in spite of working out after a busy day the scales doesn’t come up with positive results. This is exactly why we need somebody else, dedicated, to think on our behalf for our fitness and well being and that somebody is the certified personal trainer.

WHAT CAN WE GET FROM OUR PERSONAL TRAINERS –

Focused Individualized workout routine – The work of a fitness trainer is to understand not only what is our goal but also our physical capacities and constraints. It is only after a thorough understanding that he creates an effective personalized fitness routine which takes us closer to our goal and also takes care of our safety.

Helps to set realistic goals – Most of the times when we decide to shed off those extra kilos or build muscles, we get over excited and put ourselves into goals that are barely reachable in such a short duration. Personal trainer who knows the limits and bounds helps to focus on smaller targets and thereby set a goal which can be attained safely. He is the one to remind us that fitness is not a one day show; it is rather a lifetime attire that we need to showcase.
Efficiency is their target – As an individual, we may workout for hours but get disheartened with results. This is solely because we might have wasted our time by doing inefficient workouts. Appointing a certified and experienced personal trainer means we get that perfect weight loss program that would yield optimum results in minimum time.
Correct techniques and safety – Injuries are very common especially when we hit the gym and workout following a video but end up doing wrong postures. A personal fitness trainer is always a good investment as he watches our form and accordingly trains us. He helps us with the small detailing and technicalities and accordingly push up or slow down our workout, saving us the injuries.

Educated, Certified and Experienced Fitness Trainer — Your correct techniques & forms are your trainer’s responsibilities.

Motivation – One of the major reasons why we fail to reach our fitness goal is that, we soon get exhausted with the boring workouts and tend to lose interest in it. This is where the role of a personal trainer comes in. He helps to motivate by providing, a structured workout program best for our body type.
Nutrition and dietary suggestion – True that personal trainers are not dietitians, however, overtime with experience they do develop the understanding of personal nutritional needs according to the body types which has direct effect on losing weight and building muscles. Implementing their advises definitely helps us to achieve our fitness goals faster.
Workout at home – Many of us are a private person or in lack of time to hit the gym. Today, personal trainers are even flexible to bring out the best in us at our convenient place and time. We can hire a personal trainer, choose from their various lucrative packages after a consultation and exercise with them at our home!
Fun classes- Personal trainers makes the otherwise boring routines fun-filled and interesting by incorporating self challenges for the client and thereby giving the workout sessions a whole new dimension.

So let your dream of attaining a sculptured body be a task for your personal trainer and you enjoy the results in no time!!

Tags: Fitness trainer Singapore, Weight loss program, Personal trainer Singapore, Female personal trainer Singapore

May 1, 2018August 31, 2023

PETSERCISE

We all have those bad and tiring days, when, even the most motivated fitness freak feels to skip the day’s workout. There are days when we feel laid back too when our workout partner excuses himself for the day. However, our pet is our workout partner that will never skip out on us.

YOUR PET – YOUR MOTIVATOR

Yes, Petsercising is a recent trend in the field of fitness. A survey of dog owners conducted at the University of Western Australia and published in Health Promotion Journal of Australia in August 2008, revealed, that dogs are a great motivators for walking. The more we run with our dog, the more he will expect it to be his daily activity and hence pull us out of our comfy couch to get his daily exercise which in turn makes us exercise!

Your pet – your motivator-your strength

WORKOUT WITH YOUR PET – OUTDOOR OR INDOOR

Not only outdoors, but we can choose to exercise with our pet indoors as well. There are so many types of workouts in which our pet can partner with us! However, please check with a fitness trainer or coach before you start to exercise as each of our body types and capacity is different and it could be dangerous if you start off being a novice about what is good for you.

So let not excuses hold you back any further. Get up and move!! Take out your pet. Let him be your motivator.

P.S. – Please do not indulge into having a pet just for the sole purpose of exercising if you really can’t look after it.