Purchasing a property is one of the largest single purchases one will make in life. And when it comes to real estate investment, saving for your first down payment and building home equity can be a way to build wealth for your future. That only means, saving money for a down payment should not be taken lightly. However, If you think saving is as easy as you think it is, wait until you get started.
It’s not to scare you, but to give you a heads up on what’s typically going to happen especially when saving for a down payment. Regardless of the property, you want to invest; be it Solstice or any real estate property, there are certain things to consider when saving.
Find affordable alternatives
The moment you decide to invest in a real estate, compromising is one common thing you need to consider. For instance, you can drop your gym membership for exercising at home. Or perhaps, lose the cable subscription and sign up for Netflix. Having these as your alternative, you can save as much as you can. One thing is for sure; you can still continue to live your life without spending too much on the things you do not need. Moreover, think twice before you buy something – you may not need that particular thing.
Yes, saving may be hard, but that does not mean you should hate it. That means you can break you savings goal down into manageable chunks, and think of a low-cost reward for yourself. After saving a lot of money in week or month, you can treat yourself to a dinner, or something that you want to have. However, you should also be mindful of the price. Just because it is your reward, you should also spend a lot of money on it. Of course, that should also not be the case. Since you are still saving for the down payment, you should also be mindful of the things you are want to buy.
Turn your savings into more savings
Did you know that it is possible for you to turn your savings into more savings? Perhaps, you can consider high-yield saving accounts, certificates of deposit, peer-to-peer lending and mutual funds. Moreover, you have to make sure to get solid advice about whether your timeline is appropriate for various investment options. But if you are not sure about these alternatives, you can go for high-yield accounts. This is one of the most conservative choices you can make since they are insured by the federal government.
Turn your hobbies into side gigs
Whether you realize it or not, you can turn your hobbies into money. How? There are people out there who can appreciate an individual skill where they are willing to pay for your ability. Let’s take painting, for example; some people would buy your artworks. Or perhaps, if you are good at playing piano, guitar, drums or any instruments, you can offer some lessons. With this, you are not enjoying doing your hobbies, but you also earn extra income out from it.
Although saving money can be challenging and daunting, that should not be that hard as you think it is. You can make it fun while you are saving money for the down payment. Moreover, this is one way you can achieve your dream home.
“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” – Robert Kiyosaki
“Man’s nature is not essentially evil. Brute nature has been known to yield to the influence of love. You must never despair of human nature.” – Mahatma Gandhi
By nature, we are all friendly. We tend to smile and make friends with strangers. To some, they even welcome them as their roommates. Whether you invest in a Makati condo for rent or real estate property, there are a lot of advantages when we have someone to share our home with. There will be fun and excitement every day. They can also be your life savior when in times you need them.
However, there are just some roommates that are a total opposite of what you have expected them to be. They might be rude, no manners, horrible, discourteous, inconsiderate, insulting or even worse. Well, for some reasons, you will eventually learn their right color on the later part of their stay. For some, having a roommate is a blessing. While for others, they considered it as a nightmare! To avoid ruining your day, here are some ways on how you can prevent such.
Communication is the key
Communication is one of the crucial factors that you should not miss to do. When communicating, it is a two-way process. For instance, you’re going to talk about a particular issue with your roommate, and he listens. Vice versa. Talking about the problem is one of the standard solutions whenever a problem arises. Yes, you might feel awkward about it, but who cares? You both need to solve the problem immediately to avoid making it worse.
If you think that your roommate doesn’t have any plans to talk about the problem with you at all, then you might want to try initiating it first. You might not know, they are just shy to talk to your first. When you both communicate, you will understand what the problem is and why it is a problem. Of course, if you both understand each other, there will be a harmony between the both of you.
There are just times that we sense something that is so off when it comes to our roommate. Later did we know that they are an off-the-record tenant (e.g.,. an inhabitant who has not signed a lease of agreement). With this matter, communication might be useful, but make sure that you include the landlord when you talk about the issue. This matter already involves the landlord, since he/she is the one who will decide who gets in and goes out. Of course, you have the right to know how come they are living with you when he/she is not a legal tenant of the house. You are just concern with your safety.
When this happen, and you want to get rid of your roommate, you have to make sure that there will be a written statement declaring that the roommate arrangement has ended should suffice. If not, then at least, provide your roommate with a deadline for leaving, at least 15-3o days from the date of the notice. Just make sure that the roommate receives the document and understands what he/she is reading.
Settle the problem in court
When talks are already not useful, then seeing them in court might help. Usually, courts are the least one wants to do since it is already a hassle on the part of the complainant, and of course, for your roommate. But if there is a need to settle things once and for all, the court is what you need. You just want to hope that your roommate will take the hint and gracefully exit to avoid inconvenience on both parties.
Usually, the court staff will give you a date and time for an eviction hearing, and you must be prepared for the legal documents that you need to present to them. With that, the court will likely grant the petition, and your roommate will have no choice but to leave.
“I think millennials are a generation, unlike anything we have ever seen on this planet.” –Chelsea Krost
Without a doubt, the rise of the millennials has contributed to the upsurge of real estate developments devoted to solitary living. Although Filipinos still staunchly stand by the ingrained tradition of having children live at home until their married, many of the Millennials today are doing otherwise. This is because millennials, much unlike their preceding generations, have elected to live an entirely independent lifestyle that the demand for affordable and adequate living spaces has seen a rise in the last decade.
It is precisely this phenomenon that we can attribute the recent proliferation of many real estate developments to. In fact, most developers have been erecting condominium towers in almost every nook and cranny in major cities. But, what sets apart a condominium unit from an array of residential living selections? What makes it so appropriate for millennial living and millennials themselves? Well, if you are looking for a good place of your own, you might want to take a gander at the reasons for buying your condo below. This especially rings true for individuals who are in their twenties or thirties.
1.) Meeting new people
The majority of millennials are incredibly social creatures and living in a condo would appeal to them as it gives them an avenue to meet new people. In most cases, condo living means that only a wall would be separating you from your neighbor and unlike most home residential developments, you would be living in proximity to them. Additionally, when all of the units are sold, you will have a lot of new neighbors and a lot of new people to meet. Apart from that, condominium towers are built near business districts and entertainment hubs that it would be easy to find individuals milling about that it would be easy to find individuals who share the same interests as you. Condominiums are also known to have social gatherings for special occasions such as Halloween, Christmas and New Year as a way for residents to gather and mingle.
2.) Enjoy a great lifestyle
Living in a condo practically means you do not need extraneous memberships to a pool club or the gym. Book buffs and skin care enthusiasts are not left out either as many condominiums nowadays come with library and spa facilities. Each condominium development would have something unique to offer each, and it is only a matter of selecting which one is most appropriate for you.
3.) Save more money
Contrary to popular belief, owning your condo unit is not more expensive than renting. It may be not readily apparent at first glance, but if you think of the long-time returns, you will eventually realize that investing in your own space is more cost-efficient than paying rent. Your monthly rental could actually serve as monthly mortgage payments for a condominium unit you would eventually own. Today, there are a lot of condominium developers offering flexible payment schemes that are friendly to your budget.
4.) Have security
Your safety and security are of paramount concern to the condominium developers which is precisely why you do not have to worry much when you have to leave your home. Condominiums have a stringent security policy and would have roving guards patrolling from time to time. Apart from that, most condominiums would even require visitors to leave an ID when visiting. All these so that you can rest easy knowing you are in safe and secure hands while you are at home or not.
So, if you are looking for your own condo space, take a look at some of the units offered in the high street south block, and you might just find a condominium that suits your lifestyle perfectly.
“Is it really necessary to for someone to do something before going to bed?” A lot of you here might have the same question and wonder why. Right? Well, not all of us have a routine before going to bed, which may not be a good habit to a productive homeowner. If you have just noticed, happy and satisfied homeowners are able to set their minds for tomorrow before going to bed. They organized and makes sure everything would be better the next day.
Generally, each homeowner has their own way of doing things right at home. And whether you are living in Ayala Greenfield Estate or any other real estate property in the Philippines, you can do things that would make you productive as a homeowner. However, not all of us are able to grasp and understand why we need to do at least a 10 minutes routine in our home.
Well for some reasons, having some routine would help you set things in order at home. Moreover, this is also one way to make you feel at ease when going to sleep. You don’t have to worry about the things you have at home since you already done such things before going to bed. And if you are one of those homeowners who still don’t know what to do before they sleep, then you might want to refer to these things below.
Do the dishes
Yes, it is just a norm for us to do the dishes every after eating our dinner. Right? However, not all of us here are able to do the dishes due to some reasons. Do you know that it is not a good habit to leave your dishes behind? Of course, if the things that we use for cooking and eating are not properly clean, this will definitely not good for our health.
Moreover, if there are still dirty dishes that are left in the sink, cockroaches, and another pest might feast over the place. And I’m sure you don’t want that to happen, right?
Pick up the outerwear
Ok, let’s admit! Not all of us have the habit of putting their hats, jackets, shoes and other things in their proper places every after coming home. Right? We just tend to leave it outside or putting at the back of our front door, right? However, you also have to know that it is not nice to look at things that are not in their proper places. That is why you need to make sure that you put the all the things back in their respective places.
This is one of the things most of us tend to do before going to sleep. Sometimes, we watch TV or play or favorite video games. However, if you want to have a stress-free and productive mind, why don’t you try reading some books? Or do some DIY projects? With that, your mind can rest from the radiation from the TV and gadgets that you have.
Tie off trash
This is also one of the important things you should never forget to do before going to bed. I’m sure you don’t want to have a smelly home, right? That is why it is a must for you to throw them all in the trash bin. Moreover, make sure that you tie them properly for as not to let the odor come out.
Make a list
Making a list is one of the things most productive homeowners usually do. Of course, they would make sure that they can do the things that are supposed to do the next day. And as much as possible, they don’t want to waste time just for nothing. That means, the things that they are going to do must be done according to their list. Yes, there are times that it won’t turn out the way they wanted to be. But at least, they have a guide on what and what not to do for the next day.
There will always be a fun part when having pets. Aside from having them as a great companion, they can also be beneficial to our health. Yes, you heard it right. There are a lot of studies that show pets can increase scientific evidence to prove that they are helpful in keeping their owners mentally and physically fit. Pets are also believed that they can help speed up the recovery of the patients. Moreover, they are also good to have when you have kids at home.
Generally, there are properties such as Alveo condominium Cebu and another real estate in the Philippines that allow pets in their premises. That is why more and more homeowners would love to have pets in their home. However, there are just some homeowners who don’t know what and what not to do when it comes to responsible pet ownership. Perhaps, all they know is that for as long as the pet is in good condition t hen it is ok. But for you to a good owner for your pet, there are just some things you need to consider before you have one in your home. Well, you can start preparing your home. Here’s how:
Couches and pets either become best friends or worst enemies
Always remember that pets don’t care about how good your furniture is, for as long as they know they can be comfortable playing or sitting on it, then they are going to stay on your couch. However, if you have couches that are made of fabrics, then this might not be a good choice for your pets. Of course, the fabric of your couch can be damaged by the claws of your pets. Moreover, you also have to expect that pets don’t care about being dirty. For as long as they want to do something, then they usually do the things they just feel like doing.
Area rugs love to hold onto fur
If you are not keen when it comes to choosing the right rugs for your home, then you better learn how to look for a rug that would also be a pet-friendly. This is also one way to prevent health risk especially for those people who are suffering from asthma. However, if you don’t have any idea at all on how to choose a good one, then you have to buy an area rug where it has a lot of different color or rugs that are similar to the color of your pet’s fur. With that, you will know where your pet will most likely stay. Moreover, don’t forget to consider your pet whenever you want to buy a new rug. Make sure that your pet will also like it.
Are you about to buy something that you don’t want your pet anywhere near? Reconsider!
Buying furniture is not a bad thing at all. In fact, this is one way to make your home a place where you can be proud of. However, if you think that you don’t want your pet to go anywhere near it, then you have to reconsider buying it. Perhaps, you can try other things that have the same features you want to have. Moreover, if you think that it is not that useful to you, then you better think again before buying it. That particular thing will only damage when you are not careful enough in placing that thing in your home.
Of course, always remember that your pet can sometimes also be playful. They don’t care if they broke or damage something in your home. For as long as they want to play, they definitely will. That is why you have to make sure that there will be no things that will go to waste because of that.
Owning or having a pet at home is not that bad as you think it is. You just have to make sure that you know what and what not to do when it comes to responsible pet ownership and on how you are going to prepare your home for your pets.
Hands up if you are one of the people who are planning to buy a condo in Philippines!
Buying a condo is not as easy as buying a piece of cake at the store, there are things that you need to consider and reconsider in buying one. Being meticulous in choosing the right condo is also an important thing to do for you not to regret later.
Ask this to yourself, do I have enough money to buy a condo?
It is the right of the buyer to know the price of the condo whether they can afford it or not. If the condo you really want to stay is expensive enough for you to pay, do not force yourself to buy that particular condo. Even though you have a stable job, there are still a lot of things that needs to be prioritized.
You also have to consider the budget for the electricity bill, the water bill and other bills that you have to pay. Being wise is a must when it comes to your budget or money matters for you to avoid any problems in your future stay in the condo.
Ask this to yourself, is it convenient for me living in that place?
Do not choose a condo that is far from your workplace, from the malls, from the markets and from the other places where you mostly go. It will really be difficult for you when you want to go somewhere, especially when it is an emergency yet you are too far from the place where you need to go. You have to consider whether it is easy to go to the different places from the condo where you want to stay.
Easy transportation is also one of the things you have to consider in choosing a condo. Especially when you are a commuter, you have to know whether the transportation in going to the places from the condo is accessible and hassle free on your part.
Ask this to yourself, do I like the settings of the condo and the people who are also living in there? Or am I safe to live in that condo?
When you think safety is compromised, don’t pursue to buy that particular condo. Even though you think that you want to live in that condo because it is nice, yet you are not sure whether if it is safe for you and for your families, and especially when you have kids to stay in that condo, do not compromise your safety and for them as well.
You have to consider the settings of the condo, whether the condo is properly constructed and not easily be destroy when an earthquake happens or is it along the highway where crossing the streets is dangerous. You have to think of the safety for you and for your families.
Ask this to yourself, do I like the treatment they give to me to whatever I’m concern with? Or are they just treating me or other buyers like a crap?
Admit it! We are persuaded when the agents of the condo treat us as buyers or customers in a friendly and nicely way. We like it when they are approachable when we need their help. Of course, who would like to be treated like a crap by someone you barely know?
When you meet or notice that the services from the agents or the staffs of the condo give to you is rude, you have to reconsider their offer on buying their condo. You don’t want to be rude and create a heated argument with them in the future since you don’t like the way they treat you.
Well, you can just ignore rude agents or staffs and treat them back nicely instead. That if you really want to buy and live in that particular condo.
The level of Satisfactory
Ask this to yourself, am I satisfied with the overall quality the condo have? Or will I feel happy and contented if I’m going to buy that condo?
Assessing and assuring yourself whether you’re satisfied or not can sometimes be critical. Sometimes, it will be your dilemma whether to pursue the buying of the condo or not. Well, it is really up to you to decide on that matter.
Also, assessing the condo from the accessibility, the price, the environment and the services they give to you as a buyer can help you decide something for the future.
There are many seeking comfortable houses and quality lots in the Philippines. This island property is gorgeous. Soft seas and gentle breezes surround this land. Searching for property in this region should be done very carefully, particularly if you are not a native. It is comforting to know there are quality properties for sale. When looking for a house or lot, there are certain things to consider. Affordability is an important factor and a buyer must consider the legality of the sale. Land can be purchased through agreement and deeds are signed.
Buying a house and lot for sale in the Philippines requires careful planning. Only natives are allowed to buy land. Property away from the city is can get questionable because it might have several owners and would take ages to unravel. House and lots are best purchased from a reputable developer. These companies can be found with a bit of research. Down payments can approach 30% on properties but People holding Special Retiree Visas get great benefits. However, with the purchase of property there is only a 40% ownership. The paperwork is only issued upon completion of payments.
The Philippines properties are uniquely located in the western pacific. The climate is one vacationers love. With a highly diverse population, the island holds many unique restaurants, shopping areas and homes to satisfy tourist and residential needs. This island holds many places and sites that help make it enjoyable to visit or stay. The land is for lease by non- residents but cannot be purchased. Leases can last for over 50 years but people not born on the island can own condos but no more than a 40% ownership. The island never leaves the hands of the natural born population.
Having quality property is very important whether living in a house or using it for an investment. Affordability is very important when buying a house, condominium or lot. Quality house and lot are available in Philippines properties for sale but land can only be purchased in set parcels. Land developers are a great source for funding. These land and housing dealers also verify property creating a safer environment for legal purchases.