Rental Investments: Five Excellent Tips to Prepare for A Rental

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“To stand out, you just need to do a few things others are not willing to do.” –Michael Hyatt

There has been no question that renting out one of your unused properties is an excellent avenue for real estate investment. However, with a myriad of rental properties in almost every nook and cranny in the city (from condo units in Avida Towers Centera to apartment units elsewhere), how do you ensure that your rental property makes the cut and gets selected? Remember, every single day that you have a vacancy at your rental property is considered a loss of potential profits. However, while tenancy is mostly a hit or miss thing and has more to do with your luck in finding tenants than anything else, there are ways of ensuring that your rental properties would entice tenants to rent it out.

Apart from being situated in proximity to schools, offices and entertainment hubs, it pays to prepare your rental properties for occupancy by tenants. So, if you have been thinking of renting out any of your properties, here are some tips that would not only help you navigate through the process but make it a bit easier as well.

1.) Start the process at least six weeks out

Of course, if you are getting ready for tenancy, a little work goes a long way to ensure that the home is ready for occupants. Apart from ensuring that the home is rental-ready, you would also want to present it at its best before you even start giving your prospective tenants a tour of the home. Take note; most tenants start scouring the neighborhood for potential homes at least a month prior to their move. So, start at the earliest possible time.

2.) Spruce it up

Of course, part of beautifying your rental properties as well as making an excellent first impression on your prospective tenants is to make sure that the unit you are presenting to them is clean. Apart from cleanliness, you should also invest a little in giving it a little touch-up. Spend some time and money in applying a fresh coat of paint on the walls, incorporate fresh flowers into the home, get rid of the clutter and organize. Remember, tenants, are more inclined to rent a unit that is not only well-prepared but clean as well.

3.) Change your insurance

Whatever existing policy you have might not be sufficient enough to cover you should you become a landlord. So, before signing a lease, it is best if you find time to down with your insurance agent and discuss what available coverage options you have. Ask them about their landlord’s policy which is also known as a dwelling policy and update your existing coverage.

4.) Do not overlook legal technicalities

Before drafting your lease contract, research the existing laws of your area first. Chances are you would be required to obtain licenses and permits. Furthermore, you would also need to undergo an inspection. In most areas, tenancy is considered a business which would inevitably require a license from you—regardless of whether it is only for a single property or a series of properties. Learn the requirements of being a landlord and tenancy before renting out your home to mitigate the risk of getting into legal snarls.

5.) Decide if you will accept pets

Know that even though you will have more prospective clients should you accept their furry friends as well, there will also be some tenants who would not be so receptive to sharing a roof with four-footed creatures. However, ensure that you and your tenant are on the same page when it comes to pet policies. It would not hurt to make sure that he or she is a responsible pet owner as well. Your pet policies should be in place in order to prevent costly damage, noise and other pet-related problems. Moreover, you can then decide whether you will charge pet rent or fees.

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Home Buying 101: Five Questions You Need to Ask Before Buying a Home

“Twenty years from now on, you will be more disappointed by the things you did not do than the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” –Mark Twain

 

Buying a home, regardless of where it might be, is a keystone of wealth. As it is considered a universally fundamental need by all of us, it is understandable that a lot of meticulous thought goes into buying one—particularly if it is your first flat. Furthermore, as your home would probably be one of your life’s most significant and expensive investments, it would only make sense to ensure you get the very best for what you can afford. In any case, whether you are planning on buying a condo in Avida Towers Cebu or elsewhere, here are some questions you should be asking:

Do you offer discounts

As most developers are looking to close the deal with prospective clients and homeowners, many of them are more than willing to shell out discounts. However, you do need to have a flair for negotiation. Do not hesitate to ask for this or you might just miss out. Alternatively, while there is no discount, there might be other offers and incentives such as pre-selling promotions. In some cases, your unit might come with free furnishings depending on where it is.

Is the reservation fee refundable

If you do not wish to incur penalties or other incidentals, ask your developer whether the reservation fee is refundable. After all, you would not want to waste money should you decide not to push through with the sale. Elect to have it in writing so that you have a written proof. Incidentally, knowing whether a reservation fee is refundable or not will tend to affect your final decision in choosing a home as well.

What are the standard finishes included?

While your developer is going to inevitably show you model houses and units, you cannot reasonably expect that your finished home would look precisely like them. They are just a preview of what your homes might look like once it is finished. To ensure that you and your developer are on the same page, it is best to know what is included in the property you are buying. This means taking note of the finishes you might often overlook such as the kitchen accessories, window types, type of floor tiling, door design and the like.

Can I customize my unit?

Everyone wants to give their homes a bit of character and personality, but this is not exactly possible all the time. Ask your developer if it is possible to incorporate some changes into the design of your unit and if you can change some of the layout. If you have bought the property during the pre-selling stage, there is a likely chance that it would be accommodated during the construction, but it usually comes at an additional cost.

When will the building be fully completed?

While the date of completion is not a certain date, you should have an idea of when your developer expects to complete his project. In this regard, you would be able to adequately plan your move-in and expedite the process as well. Furthermore, if you move in without the entire building being finished just yet, there is a likely chance that you would be dealing with the noise and distraction of the construction work going on outside. Apart from knowing when your unit would be finished, it is also a good idea to ask when your developer reasonably expects to finish the building as well.

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Home Selling: Four Ingenious Home Selling Tactics You Should Try

“I still think buying a home is the best investment any individual can make.” -John Paulson

 

In today’s present and competitive real estate market, where the demand remains erratic, and there are sporadic changes in housing prices, it would take more than just an affordable price to attract prospective buyers. Back in the day, it seems like all it would take to land a potential buyer is to have enough refreshments for them and to spruce up the house to make an excellent first impression. Unfortunately, modern buyers are unfazed by these, and although appreciated, these gestures would not be enough for them to negotiate a deal with you. As a result, more and more home sellers would resort to rather unusual, and at times, unorthodox methods in order to have their homes noticed and potentially sold. There is no guarantee that the same set of tactics would work for you, but there are innumerable cases where they have been tremendously effective. The key here is to find out what sticks and what makes your house get noticed. It matters not whether you have a condo for sale in Fort Bonifacio Global City or elsewhere, if you wish to sell your homes faster and easier, you might as well try these ingenious techniques.

From the clever and creative tips to the downright bizarre ones, here are four of the most uncommon ways to get your house noticed:

1.) Take home staging to the extreme

Back in the day, home staging used to be an optional task home sellers would take in order to attract prospective buyers. Today, however, not only is it recommended, but it is necessary if you want your home to sell faster. However, instead of simply beautifying some certain areas and aspects of your home, take it up a notch by utilizing the ancient art of Chinese philosophy. Use Feng shui to your advantage and rearrange the elements of your home to enhance its chi. As a result, your home will have a more receptive feel to visitors and potential buyers would feel more at ease and welcome.

2.) Hold an open house party

What’s an excellent way to drive more prospective buyers into attending your open house? Well, host a party in lieu of just a simple open house. Offer refreshments and if the budget fits, have some catered food and live music for your guests. It might not necessarily find you, buyers, right away, but it would generate enough buzz to make your home memorable. Furthermore, your guests will no doubt regale their friends with their experience at your open house, and you might just find your prospective buyer from there.

3.) Get Web Savvy

If you are relying on obsolete and outdated methods such as having your home selling ads printed on newspaper, then you might find yourself losing to your competition. In the era of social media, more and more users would be logging into their profiles every single day. As a result, there is an untapped market in social media platforms which you can exploit. Selling your home through the Internet and social media are excellent avenues for getting it noticed. This alternative method would not only get the attention of many potential buyers, but it would cost relatively cheaper as well.

4.) Let buyers sleep on it

If you already have prospective buyers, do not pressure them as to when they will make an offer—especially when they are on the fence as to whether they will buy your home or not. Do not immediately pester them as if they have already made their minds. Instead, try this alternate route of letting them sleep on it—literally and figuratively. Let them spend the night in your home in order to give them an idea of what it would be like to truly live in there. You might not know it, but it might exactly be what they are missing to finally convince them to make you an offer.

Home Is Where The Heart Is: Five Ways to Make Your Home More Inviting

“The greatest investment and greatest fair deal and enterprise is family, cozy homes. A cozy home is based on cozy people. Cozy people are not brought and imported; they are made from the time of birth to the time of infinity.” -Harbhajan Singh Yogi

 

Home is where the heart is.

This is a familiar adage that sagely proclaims that our homes should be a form of sanctuary—a haven if you might, where we are called not only to rest our bones and weary bodies but somewhere we can feel safe and comfortable. Our homes should not only be structures made of bricks and stones but that place where every single one of us can look forward to going after a long and tiring day. As it is, the best memories are forged in a home that cultivates a cozy and inviting atmosphere—one that beckons visitors to come in, have guests linger for a little while longer and make family members never want to leave. Indeed, a place such as this would give you the fondest memories and a relaxed lifestyle.

However, how does one create an inviting home? How do you ensure you can cloak it with an inviting aura that entices people to stay? Whether you have a condo in Manila or a flat elsewhere, here are some of the creative ways you can create that inviting atmosphere:

1.) Let your front door and entryway set the inviting tone

An excellent way to establish an atmosphere that beguiles is to set the tone first. In doing so, you will not only be making a good first impression, but you would create enough interest for your guests to discover more about your home. Elevate your curb appeal and never underestimate the inviting power of a front door and entryway. Install a welcome mat and a few potted plants by your front door. Furthermore, you should make sure that this area is clean and devoid of any clutter.

2.) Use color and other design tricks to pull eyes through your space

In designing an inviting space, consider your guests’ perspectives. With this in mind, you should pay close attention to utilizing a creative design at the farthest point of view. An excellent example of this is to install a painting on the far wall just across from your front door. Emphasize this design piece by adding more fun art and lighting beside it. This design aspect alone will intrigue your guests and would pull them through your home all the while inviting them to explore your space.

3.) Have as many leafy, long, trailing and green plants

Incorporate natural elements into your home and make it seem eco-friendlier by strategically placing green, long and trailing plants all over the place. Potted plants not only make your home seem a natural, but they also enliven the space by bringing life to it. Additionally, the abundance of plants promotes a relaxing and calming ambiance that would be ideal for individuals looking to have a little relaxing space after a long and busy day.

4.) Personalize at least one furniture piece

One way to make your home more inviting and a lot more unique is to have at least one personalized furniture piece. This furniture piece can be anything—from a reupholstered furniture designed in a fun fabric or artwork you made yourself—let this be the distinctive feature of your home that sets it apart from the others (and keep it from looking like the inside of a catalog). Furthermore, personalized furniture pieces or design pieces make for excellent conversation starters as well.

5.) Have good smell linger in your home

One great way to make a significant impact on your guests is not only to stimulate their visual senses but their olfactory sense as well. Rid your house of any bad smell and have a signature scent you can have lingering in your home. If you want to take the natural route, place a vase full of fragrant flowers and it will do the trick. Alternatively, you can use potpourri as well. If you have a sensitive nose and are adverse to fragrances, then at the very least make sure your home does not have any bad smells lingering about.

6 Things to Do Before Hiring a Mover

 

 

What comes to your mind when we talk about moving out? Perhaps, a lot of you will think about what to do to make sure that there will be no damages while moving the things.

That is why most people would prefer hiring some professional movers to make sure that their things are still intact after the transfer. You may be moving into your new condo in Quezon City or any other real estate properties in the Philippines, hiring a mover is a good choice. However, you also have to know that not all movers are professional enough to do their job properly.

There are actually a lot of things you need to consider before deciding what moving company you should choose. And if you are one of those people who are first timers in hiring a mover, you might as well refer to these tips below on how you can effectively hire a mover.

1. Get recommendation

One of the things you might want to consider is the recommendations from your family and friends. Since they suggested that particular moving company, that means they trusted them when it comes to handling the things of their clients. Obviously, they will not recommend it to you when they know that mover is not that trustworthy enough to do the job properly.

 2. Do an initial screening

When choosing the right moving company, don’t just stick to one option. You must have a list of the companies you may want to hire. And for you to know if they are good enough, do some initial screening on them. Well, you can base your judgments on the reviews from their clients on whether they have a good service or not. And if they don’t have high ratings when it comes to the services they gave, then you might as well find another one.

3. You should end up with at least three or four companies to call for an in-home estimate

After narrowing down your options, make sure to end up with at least three or four companies on your list. Well, that is for you to make sure that if one is not available at that moment, then you still have the other three options for you to call. Just make sure that those remaining companies in your list are all trustworthy and professional enough on their field of work.

4. When an estimator comes to your home, show home everything

When you hire a mover, you should also expect that there will be estimators that will come to your home. Of course, they have to know how many moves will it takes to transfer all of your belongings to your new home. From the things in your closet, backyard, basement, and even in the attic, you have to show them everything. This will also give the estimator an idea on how much you should pay for the overall moving package.

5. When you’ve gotten all your estimates in, compare the bids

Whether you realize it or not, each moving company has their own way to estimate your things. That is why it is a must for you to know which company offers a lower price than the other. Moreover, don’t forget to make sure if there are any add-ons on the overall cost of the moving process.

6. Make sure your moving company has the license and insurance it needs to move your things legally

For you to avoid any complications later on, you need to make sure that the company you choose is legally enough to do the job. At least, if there will be some problems later on, at least you know where to complain. Moreover, this is also to ensure that they are not any scammers who will trick you will a higher price yet with a lower quality of moving services.

Four Features of a Good Neighborhood

 

 

Love thy neighbor as yourself, but choose your neighborhood. ~Louise Beal

One of the most crucial aspects to consider in purchasing a home in the neighborhood. As it is, you are not only there to buy a comfortable home to live in, but you are buying into a neighborhood where you would raise your children and foster relationships as well.

Considering this to be the case, it is a good idea to carefully scrutinize every single facet your potential neighborhood has in such a way that when you have ultimately arrived at a favorable decision, you can see yourself and your family acclimating to the new environment well.

Every single one of us may have a different set of standards for when purchasing a home, but a universal characteristic for these homes regardless of whether they may be billeted in a condo in Mandaluyong or any other lush area is that they should all be from good neighborhoods.

So what are the various characteristics that would make a good community? Read down below to find out.

1.) It should encourage greater mobility

Apart from accessibility, your neighborhood should offer its residents the convenience of getting around not only for motorists but for pedestrians as well. It should provide an equal ease of access and mobility for everyone. In the same vein, your neighborhood should be equipped with adequate parking spaces for cars or motorcycles and similarly should have sufficient pathways for pedestrians.

These pathways should be well lit and should accommodate pedestrians of any kind (cyclists and people on non-conventional vehicles such as Segways, Skateboards, wheelchairs and the like).

2.) It should have features that would add to the overall comfort and convenience of residents

A comfortable and safe home is one thing. But a good neighborhood complemented with essential establishments within its vicinities such as places of work, malls, recreational facilities and hospitals is the penultimate factor in deciding whether a home is billeted in a good neighborhood.

This provides its residents easy access to major establishments and would make city living rather easy.

3.) It should have adequate security measures

One thing you should never compromise when it comes to choosing a neighborhood is safe. It is imperative that each and every single one of your family members can truly feel at safe whether they are coming home from work or school or are making their daily commute towards their destination.

One thing that can guarantee you that a neighborhood’s safety is of paramount interest to the developer is when you see visible security personnel such as security guards doing rounds at random hours of the day. Take note, your home is a place of sanctuary, and if your neighborhood is not even safe, to begin with, any potential breach into your homes is not entirely impossible.

4.) It encourages social interaction

People are social creatures, and in choosing a neighborhood, it is important that you consider the potential neighbors you might have should you integrate yourself into their social sphere. One aspect if a good neighborhood is one that has an established sense of community and belonging among its residents. This is because should you be their neighbor, you would know that your neighbors would be more than willing to help you should there be anything you need.

Community facilities such as playgrounds, sports courts, and other recreational amenities would provide easy avenues for neighbors to interact and bond.

Last, but not the least characteristic that one should consider in choosing a neighborhood is that it should have character. Whether that may be the artsy neighborhood where most lost artists, vocalists trying to find their voice and soul or revolutionary chefs or an emerging hub for young corporate employees looking to establish a family.

Whatever it may be, make sure it has that one distinct and identifiable character that would strengthen your affinity towards it. This would set your neighborhood apart from all other communities and make it uniquely you—a home in an environment you can truly come home to.

For Homeowners: Morning Rituals You Should Try to Become a Winner

 

 

One way or another, our home plays a big role in achieving our goals in life. And whether you realize it or not, the activities we do at home can also affect our attitude for the entire day. That only means, your day will always start and ends at home. But let’s face it! It is not all the times we encounter happy moments at home. Sometimes, we need to reevaluate the things that caused a gap or tension around our home.

Although problems may be around the corner, successful people won’t allow such unwanted situation to ruin their day. It doesn’t matter if you are living in a condo in BGC, Taguig, you too can have a good morning vibes. But the real question is – HOW?

Basically, starting your day right at home is not that hard as you think it is. Although there are times that you need to adjust to adapt the situation you are in, then you must also know that there are also certain ways where you can follow to make sure that you can achieve the desired outcome. And to give you some ideas, below are some morning rituals or things most successful people do at home.

They wake up before or just after the sun rises with ease

Always remember that morning is important. It can either break or make your day. If you are not keen enough on doing the right thing every morning, then you might not like the way you start your day. However, successful people avoid such unwanted situations by getting up early before or just after the sun rises. Just so you know that you can always get good vibes and other benefits when you wake up early since it put your mind at ease and prevents you from panicking when it comes to time management.

They revisit their to-do list made the night before

One of the nature humans have is being forgetful. But that doesn’t mean that we can’t mend it, right? That is why having a to-do list is one of the important things you need to have. It’s not just about taking down notes, but it also helps you to remember the things you need to do for the day. And revisiting it the night before makes sure that you don’t forget important things or tasks. Moreover, for you not to be confused, you better check the tasks that you have finished working with.

They get active

Successful people don’t just settle for a norm. They tend to seek constant change in everything they do. That is why engaging in physical activities makes them feel energetic and productive to every task they do. Moreover, engaging in an active lifestyle would also mean they are physically and mentally fit to do the everyday tasks. Well, there are actually a lot of activities you can engage with. You can do some exercise such as running, a 7-minute full body workout, 20-minute yoga session or a 30-minute jog around your neighborhood. This will keep your body fit for the day.

They do something that reminds them of their goals

One thing that most successful people never forget is to set their focus on their goals. And one thing that helps them remember such is doing something that would keep them in mind that they have something to reach and that is their aim. The more they are focused on their goal, the more chances they will be most likely to get what they want in life. That is why they tend to start their mornings with activities that would draw them closer to their goals.

They update their knowledge bank

Every day is a learning day. Yes, cliché as it may seem, but this holds dear and true to every successful people. Although they may have a lot of experience already, they still strive to learn something new each day from the people around them. Moreover, they also tend to read books that would help them gain more knowledge on a particular topic. That is why they will always find a way to learn something out from everything they observed.

Home Security 101: Five Essential Things to Have and Do

My house is my refuge, an emotional piece of architecture, not a cold piece of convenience. ~Luis Barragan

Our homes, may it be the cheapest house and lot in Laguna, the Philippines, are our personal sanctuaries where we should feel most safe, protected and at home. It is that one place that we can count on to shelter and shield us from any harm that the outside world may bring upon us. The living spaces we reside in do not only function as dwellings but safe places where we can foster the growth of our children, nurture and cultivate relationships and serve as the comfortable respite from the day’s activities.

This is why any form of breach into our private refuges is the pinnacle of any homeowner’s trepidation and anxiety. It matters not whether you are living in a lush estate or elsewhere because burglars do not discriminate. When they see an opportunity to steal, they will steal.

Installation of home security equipment and gadgets may be a way to discourage unsavory, uninvited guests and pilferers from marking your home as their next potential target. And though installation of these state of the art devices would allay your fears of possibly having your house burgled, complementing them with classic security measures would be your home’s best avenue for security.

And the great thing is? Some of these would not even cost you anything at all.

1.) Update exterior locks

Deadbolts may look clunky and may seem outdated, but they should be the primary lock when it comes to your exterior doors as this is the primary door that separates your home from the outside. Your throw bolt which is the part that enters the door frame should extend deep into the frame.

It does not stop there, however. You should also make sure that your windows (especially the old ones) have window locks installed that still work well.

2.) Choose solid doors

When it comes to exterior doors, you should not want anything fancy such as glass doors which are not only easy to break but would give potential miscreants and thieves a peek into what they can potentially steal from your homes.

Exterior doors should be made entirely from wood or are otherwise wood covered or enclosed in a steel shell. Additionally, these doors should not be weaker than the lock you place on it.

3.) Consider having a dog

Dogs do not only function as your furry and cuddly pet companions, but they can also serve as your home’s chief insecurity as well. They do not have to be incredibly huge to deter robbers from raiding your homes as their bark would be enough to prevent thieves.

Dogs are known to be loyal to their owners and would easily recognize who is an unwelcome guest. Alternatively, if you are allergic to dogs, you can install security alarms that would mimic a dog’s bark.

4.) Trim areas where robbers may potentially hide

Having a beautiful lawn can aesthetically augment any home, but having an unkempt one can be to your disadvantage. Bushes, shrubs, and trees positioned near doors and windows can be tricky spots for robbers. This way they should be routinely trimmed and cut down. Thieves can easily hide behind these plants and go undetected.

5.) Have safety

If there is an imperative need to invest in anything that would contribute to home security, acquiring a safe should be your first bet. These safes do not only function as an obstacle for your thieves in accessing pivotal documents and items, but they also keep those precious items in case of a fire which effectively doubles its purpose.

Should you have documents (marriage certificates/licenses, birth certificates, social security cards) and small items of great value (jewelry and spare cash for instance), placing them inside a safe is the best way to conceal them or if discoveredkeep them from falling into a thief’s hands.

 

Home Living: How to Deal with Bad Neighbors

A bad neighbor is a misfortune, as much as a good one is a great blessing. ~Hesiod

Say what you may about choosing the perfect location for your home, but it remains a fact that you can never be as discriminating and selective when it comes to your neighbors.

Where you live is of no consequence as you can have a luxurious and posh townhouse or a luxury condo Philippines Ayala, but unless you live in a gated abode with walls high enough not to be breached, interacting with your neighbors is an inevitability. No matter how you put it, living with bad neighbors is still a pressing social issue until today and unless you could afford a change of address, you would need to do something about it in order to make your home living a lot more pleasant and comfortable.

Dealing with these types of neighbors can elicit a range of reactions from being passive-aggressive to receptive and accommodating with the latter being the favorable one. Settling with irksome neighbors amicably can cause you a lot of stress but, as it would negatively affect your experience at home, it would be best if you dealt with it and communicated your concern.

The worst that could happen is that they would be uncooperative, but at least you conveyed your issues. The ball would be now in their court in addressing your complaint. If you have a bad neighbor (or think you might be one), consider the steps below in dealing with them.

1.) GET TO KNOW EACH OTHER

This is more of a precautionary measure than an actual solution, but it works. Introduce yourself to the community or befriend new neighbors, say a little “hi” and “hello”, maybe borrow a cup of sugar of some garden tools to start establishing a rapport and a working friendly relationship. Chances are, whenever your neighbor starts doing something that may cause you to take issue, it would be a lot easier to convey your problem than be all awkward about it if they were strangers to you. Additionally, constant chafing neighborly issues rarely happen between two neighbors who actually are in good terms with each other.

2.) DOCUMENT THE PROBLEM

If a certain issue arises, keep notes and photos if necessary. This can assist you in evaluating the problem (or whether there really is a problem), give you some information that would back you up when you tell your neighbor your concern. Finally, when worst comes to worst and everything escalates, you have proof to show authorities instead of looking like a whiny and finicky neighbor.

3.) COMMUNICATE

Do not readily assume that your neighbors are well and aware what your issues are—chances are, they do not know they may have less than neighborly practices. Discuss your concerns with them. Be open and direct about it and be respectful as well. Ask for their side and propose a solution that might be favorable to the both of you and compromise. Whatever you do, do not lose your temper as this will only aggravate the tension between you two.

4.) CHECK WITH YOUR OTHER NEIGHBORS

This does not necessarily mean you are snitching on your infuriating neighbors. This means you are trying to find out if you have a solid claim and whether your other neighbors are experiencing it as well. If some of your neighbors are experiencing the same predicament as you are, they may be more than willing to assist you in resolving it. So, when the time comes that you would confront your errant neighbor regarding your issue, you may have someone to come with you to talk it out.

5.) GET A MEDIATOR

A neutral party that is rather experienced in the area of settling disputes amicably may succeed in resolving your issue better than you can—especially if your bad neighbor is willing to talk. This will save you a lot of money instead of taking up your claim to court and in most cases, it is free and much less hassle. Try looking for a neutral third party or a friendly neighbor who is not involved in the issue in any way and have them assist you in dealing with your concern.

Should You Go for a Remodelled or a Brand New Home?

If you think that all homeowners are happy about housing dilemmas, then you better think again! Particularly for extended families, one of their dilemmas is whether or not they are going to have a bigger home through renovations or renting  Better yet, they would contemplate whether to buy a  house and lot in Philipines. Some of you here might wonder and ask if whether of the two are advisable to do. Well, you have to expect that there will be a lot of homeowners who will answer either way.

Of course, there will also be a lot of advantages you can have when you choose either of it. But there are just times that you need to pick one for you to move on to the next process. Well, if you are one of those homeowners who is struggling in making some decision on which of the two, then you might want to know some tips for making an informed decision.

Know what you are getting into

Sometimes, not planning ahead or making an impulsive decision can ruin the things you might want to have. When you decide something, it is your responsibility to know the things that must and must not do for you to achieve your desired outcome for your home.

You also have to remember that doing things without any careful planning is also not a wise thing for you to do. Of course, you have to know if that particular property is suitable for your family or not. Moreover, you have to know how to balance which of the two are more applicable on your end. And before you make the final decision, know first the basic things.

Check your finances

Your budget is one of the most important things for you to consider. Without enough budget, it is going to be hard on your part when it comes to the down payments – that if you are aiming to have a new home. However, if you are planning for some renovations instead, of course, money is also involved. You have to have a budget of the things you should use for you to do the renovations and all.

Also, if you are aiming to invest in a new home, you have to make sure that you are free from other debts, check your credit cards if it’s still applicable to you.

Define your renovation requirements

When it comes to repairs, some of you here are planning to have a full home renovation. That means they will renovate their entire home. If you do, then you better think again first. Unless it’s your property, then it might be reasonable for you to renovate your entire home. But if not, you are just renting the lot or house, and then renovations might not be an ideal thing for you to do.

Investing in a new home might be applicable on your end. If you do, you don’t have to worry about any renovations. All you have to do is seek help from a real estate broker and do the things that need to accomplish; then you can already have your new home.

Don’t over-improve for the neighborhood

If you are planning to go for renovations, you have to know what you are doing. For instance, if you intend to extend your kitchen or any other room for an extra square footage, how sure are you that your neighborhood will approve to fit?

As a homeowner, you also have to be considerate of your neighbors. It is also one way you can get along with your them and live a healthy lifestyle.

Get ready for a different kind of stress if you move

Moving out can also be stressful. It is distinct from the other stressors that we have. Of course, there will be a lot of things for you to think about when you move. Thinking about where to put your stuff, or what kind of vehicle are you going to use to move your belongings and other big furniture.

Expect the expenses

Whether you choose to stay and renovate your home or buy/rent a new home, there will always be costs that you need to have. Either way, there will always be monetarily involved. That is why you have to prepare enough budget when you decide to do such.