Real Estate 101: The Top Five Red Flags for Homebuyers

Business handshake at work

 

“Home is a place you grow up wanting to leave, and grow old wanting to get back to.” –John Ed Pearce

 

The real estate market has never experienced a rising increase in demand as much as it did today.

While it may experience sporadic periods of highs and lows, the fact remains that more and more people are buying real estate in this decade than any other decade in history. Unfortunately, the resultant effects of this phenomenon can have positive and negative takeaways. For one, the robust real estate market would mean a healthy economy, on the other, however, it could open up the possibility of individuals who would try to leverage the market trend into their favor in the worse ways possible. As it is, the rise in demand for real estate properties would also mean a significant increase in home sellers who would try to sell their properties. However, with the real estate market rife with competition, how do these sellers ensure that their homes would potentially be the one you would select? How do they drive the deal home?

While some would just double their efforts in their endeavor to sell their home, some sellers would resort to less than favorable means in selling their homes. This does not mean that they would outright lie to you, but they would not tell you the entire truth about their homes or it might ruin their chances of striking a deal with you. Sellers who are eager to sell properties in challenging and even difficult communities would not always disclose everything to potential buyers. Unfortunately, getting a professional inspection of every house you tour is not exactly feasible or practical for your finances. Not to worry though, you just have to keep an eye out and be a little more thorough during the house tour. Be meticulous about the houses you inspect and narrow down your choices by doing your own pre-inspection.

Whether the houses you are looking to inspect are located in a lush neighborhood such as Garden Towers or somewhere a little more unassuming, here are some of the red flags you ought to look out for:

 

A major exodus from the neighborhood

Sure, one of the things that a home seller must highlight would be the curb appeal of their homes in order to attract prospective buyers. However, as a buyer, you should not let the visual appeal of the home’s exteriors keep you from examining what is down the street. If you notice that there are several other homes for sale or if nearby businesses have been vandalized or have closed down, electing to live there might not be such a good idea. Talk to your neighbors and ask them about the community. If everyone is looking to leave, you might want to take that as a signal that the home would potentially be a bad investment.

Bad maintenance

Another thing you should look out for is whether or not the home seller took care of their homes and took the necessary measures to ensure its proper upkeep and maintenance while they were still living there. If they horribly failed in this aspect, you might not want to push through with the deal with them. After all, if you can see the gutters with plants growing in them and grime on the home times, it would beg the question: What else did these homeowners neglect and overlook?

Bad smells

A home reeking with fetid smells is a home that has been neglected for far too long. Regardless of whether the smell is outside or inside, it would make you think what sort of surprises there would be in store for you on account of the grody smells. In any case, bad smells should be a huge red flag. However, you should also take into account if the homeowner took the extra measure of spraying their homes in huge amounts of Febreeze or by covering it in potpourri. If the house smells too fragrant and would border on cloying, the home seller is probably trying to mask the more noxious smells.

Fresh paint on only one wall

While it is recommended (at times, even necessary) for home sellers to paint their walls in neutral hues before selling them, there would be something terribly suspect if only one wall is covered and painted. Sure, fresh paint can really bring out the potential of drab walls and boring homes. However, they can also be used as a medium to conceal problems such as water damage, mold or mildew. If the room has strange smells or there are any visible stains in the ceilings or walls, you might want to refer to an inspector who can identify molds and leaks.

Faulty or old wiring

Sure, you are not exactly an electrician but it is best to ensure that the electrical wiring, as well as all the switches, are all in good working order. After all, you would not want to subject yourself to busted circuits, flickering lights, and outlets that do not power anything. If outlets are either warm or hot, there might be an underlying wiring problem which you might want a professional electrician to check.

 

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Moving Day 101: Essential Things You Will Need on Move-In Day

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“Sometimes there are things in life that are not meant to stay. Sometimes change may not be what we want. Sometimes change is what we need.” –Author Unknown

No matter how you look at it, packing for a move can be quite the pain.

After all, how do you sort a significant number of years into different boxes and categories? Moreover, how do you ensure that all of it would fit into whatever number of boxes you have bought specifically for it? Regardless of how organized you are or how logical your approach towards packing is, packing will inevitably be infuriating at some point—especially when the time comes to unpack and arrange your things yet again in your new home. With so many things to pack, it can be rather easy to lose track of things and forget which box has what in it. Furthermore, it can get somewhat difficult to determine whether you have already pre-packed a specific item and if you would need it immediately soon. It becomes even more infuriating to realize that there are incredibly vital things that you would need as soon as you settle into your new place. These are the things essential for either facilitating the move or ensuring that it is as seamless and as comfortable as possible.

In other words, these are the things that you would not wish to spend ages digging around for and trying to find. These should be packed separately and easily accessible the moment you park your car in your new garage. Ideally, you should never pack them inside boxes and keep them in a separate bag in the passenger seat. This bag should be easy to find and should be the last (not the first) thing you load into the car to ensure you do not forget about it. Below is a list of these necessary items so that your move would be seamless and stress-free whether you are moving to Ametta Place or elsewhere.

1.) Checks

Whether you are paying the packers or the moving company who facilitated your move, you are inevitably going to need your checks to pay for something. Sure, you might think you have enough cash with you, but there is a likely chance that in the flurry of moving activity, there will be something—a payment reminder that you will likely forget. It might be something you were not told about until later or just something you might have overlooked. In any case, keep your checks handy.

2.) Toilet Paper

This one should be fairly obvious. After all, imagine the horror of needing to take care of stomach business in your new home only to find out that you have not unpacked the toilet paper? Unfortunately, it can be rather easy to forget, so it is best to keep them in a separate bag. Furthermore, there is a likely chance that someone would want to use the bathroom even before you have all finished unpacking, so have at least three rolls of it ready.

3.) Paperwork

If you have any sense, you would know that any type of paperwork should not be something you have to search for. More often than not, your move would involve a series of paperwork or documents which you need to have with you by the time it happens. Make the move a little easier and more convenient for you by speeding along the tedious process and having these at hand whenever needed. Have them at the ready in a convenient location and make sure you can quickly produce them when needed.

4.) Snacks and Water

Packing and unpacking during a move would require a tremendous amount of energy from you and your family members who are helping out on the move as well. You would need something to munch on every now and then to make sure you do not get too exhausted. Similarly, you would need to drink water as much as you can to ensure that you stay hydrated. Sure, you might think that it would be rather easy to take out food at the nearest fast food shop or have it delivered to your new address. But those would involve waiting, and it is a whole lot more convenient if you just had food with you on hand. Make sure your snacks do not require any sort of tableware to eat such as cup noodles, crackers and the like. Lastly, water would be vastly preferred to juices and fizzy drinks as the former can quench your thirst better which is essential when you are unpacking and arranging your belongings.

5.) Soap

Much like how you would inevitably need toilet paper, you will need soap as well. After all, you cannot expect to eat with dirty hands or hands just washed with water. With this in mind, ensure you always have a handy bar of soap with you. Alternatively, you can use wet-wipes, hand sanitizers or the like, just make sure you have a disinfectant of some sort with you—especially since you are going to be making use of your new facilities (which are likely still covered in dust). An excellent way to do this is to pack those free soaps they give at hotels in a separate bag together with your packed toilet paper. They are easy to pack and convenient to carry around, and their diminutive size does not add much to the bulk.

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8 Add-Ons to Upgrade Pre-Installed Kitchen Islands

Hold your thought about kitchen islands.
They aren’t there to occupy most of the kitchen floor space. The island offers extra surface during rigorous food prep, storage for cooking items and utensils, and a block keeping hungry guests at bay. Some homeowners aren’t used to the concept of islands and counters. They prefer the traditional dining set.

Contemporary house and lot and condo units have kitchen islands. The structure of these homes undertakes the importance of storage units and maximizing the floor layout. However, the style and form of pre-installed kitchen islands don’t overlap with the homeowner’s acquired taste. A condo at Bonifacio High Street requires a modern piece. It may be something unique and grounded to match the city’s energy.

Try not to fret if the kitchen counter doesn’t fit your style. There are several ways to upgrade pre-installed kitchen islands. These items will elevate and bring the kitchen island to life.

1. Bars

wok, cooking, stove, stir fry, vegetables

Towel bars offer the best solutions for organization hacks. Kitchen with limited space will benefit from the smart and efficient uses of these thin bars. Install a long bar to hold or store lids when cooking. It also prevents them getting lost in the back of cabinets. It is also perfect for displaying sets of pans and collection of mugs. Other than hand towels, it solves storage problems by providing *an anchor for baskets.

2. Hooks

mugs, black hook, white back, i love new york, black mug, white mug, blue mug

Whether its adhesive hooks, anchors or plain old nails, hooks are organizing superstars. They camouflage wires, conceal plastic trash bags, distribute measure cups, hang kitchen wraps and pot lids, and basket for extra storage. Hooks are smaller than bars so they won’t get in the way of work and existing kitchen design.

3. Stools

sink, black stool, padded seat, sink, pendant light, white kitchen

Think of height, style, and comfort when finding the right kitchen stool. First, measure the height of island’s surface. There must be 9 to 13 inches between the seat and the counter. Chair stools are 18 inches high from the floor to the seat. It works with surfaces 28 to 30 inches in height. Counter stools are 24 to 26 inches while bar stools are 28 to 30 from floor to the seat. Counter stools go with tables 36 to 39 inches in height while bar stools require 40 to 42 inches.

The space between each stool is critical for comfort and people’s movement. There’s no problem with style as several materials are complementing various kitchen aesthetics. The island can have a backless, casual or swivel seating.

4. Countertop

white counter, flowers, bottles, kitchen

Good news! It is possible to swap existing kitchen counter with something luxe or low-maintenance. The right countertop follows the home’s overall decorating scheme. A concrete countertop provides a variety of looks depending on its color pigmentation and the amount of aggregate in the mix. Stainless steel has a reflective quality making it perfect for small spaces. The reflection gives a beautiful and elegant look. Copper is pliable and ideal to produce countertops with interesting edges. Moreover, it gives off a warm glow to any kitchen. Other materials like marble, granite, and zinc are viable options as a countertop surface. Adding a glass top is also a game changer.

5. Knobs and Pull

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Changing cabinet handles is a non-committal way to enhance the look of an area. Having knobs and pulls prevents stains on cabinet surfaces and lengthens its lifespan. Hardware also provides ease of access to drawers. It must fit inside your hand and feel right to the touch. There must be no sharp edges and ridges. It must be comfortable for your fingers. Knobs and pulls are the jewelry of the kitchen. They must blend into the area, coordinate the pieces of furniture in it and enhance the design. Before purchasing for the entire kitchen, test it out to get the perfect fit.

6. Appliances

stove, insulation stove, glass top, black counter, kitchen

Instead of placing the oven, dishwasher or dryer in a different spot, have it built on the kitchen island. It will give you additional floor area for cabinets, cooking ranges, refrigerator, oven, extra seating or the sink. Installing it on the isle conceals wiring and unalluring backside of the appliance. Most of all, the setup saves the item from damage.

7. Shelves

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Open shelves offer freedom to store and take cooking ingredients and utensils anytime you need them. It also prevents accidents and ruckus from bumping into cabinet doors and handles. If aiming for aesthetic, fret not. Open shelving is charming and classy as it displays food stock and baking ingredients in fancy jars and pretty containers. Customizing the stackables on the shelf uplifts repurposed old bookshelves of drilled wood from a previous project. However, beware of low-lying shelves if there are children at home. Place a glass casing to prevent them from grabbing stuff on display.

8. Trim

wood, trim, wood surface, white island, kitchen

Adding trim to the surface of your kitchen island changes the look and vibe of the kitchen. Uniform scallops produce a vintage, laid-back beach house vibe. Irregularly shaped waves transform the room into a modern and playful dining area. Explore different trimming designs before settling on one to find the best fit for the house.

The kitchen is a small and messy area, but it’s no excuse to make it a work of art. The kitchen island can be the star of the room with the right add-on, finishes, and trim. When this happens, family members and guests can have an enjoyable dining experience.

Real Estate Investments: Four Factors and Aspects to Consider in Pricing a Home for Sale

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“The art of selling one house is different than the science of repeating it flawlessly over and over”-Chantel Ray

An excellent sentiment to keep in mind when it comes to selling homes is to price it right. As the maxim goes, if you price it right, it sells overnight. Should your price it wrong, then it stays on too long. With this in mind, giving your properties a fair selling price should be one of the significant considerations you should take into account. Although there is a myriad of factors that go into a buyer’s decision in closing a deal with a home seller such as the location and features of the home, the asking price of the property is of paramount consideration. However, how does one ensure that the home is priced just right? How do you come up with an asking price that would encourage a timely sale? Indeed, this has been a feat that has evaded even the most seasoned of home sellers as well as professional realtors. Considering that the real estate market is perpetually in an erratic state, coming up with an ideal price that would be a fair deal to both home buyer and seller as well as encourage a quick sale is something that would require years upon years of experience complemented with professional expertise—and even then, it does not always guarantee you an opportune sale.

Numerous studies have indicated that should a home remain on the market for quite a long time, there is a likely chance it would not fetch as much money as it would have when it finally does sell. This can be quite the predicament—especially if you have found yourself stuck with a property that would not sell because you priced it exorbitantly. For this reason, pricing a home correctly from the get-go is an imperative factor to consider. However, while accurately pricing your home to the dot is not easily done, it is very much doable. All you would need to do is to have an understanding as to how to go about the pricing process.

If you think you can con your prospective buyers into agreeing on a higher asking price, you may need one to reconsider that. Take note; your prospective buyers have all the access to a considerable amount of information about your home. With this type of information at their disposal, it will be implausible for a buyer to purchase a home at a price that is considered above market value. Unfortunately, quite a lot of sellers are under the impression that pricing a home higher would result in higher sales. Believing this sentiment could potentially be damaging to your revenue as the longer your home sits on the market, the more inclined you will be to reduce its price. In some cases, you might even be constrained to trimming it so that you can sell it. Pricing your homes right should be a vital consideration—regardless of whether you are selling a home or property in One Serendra or elsewhere. To ensure that value your home close to the appropriate asking price as you can, here are some of the factors you should consider:

1.) The condition of the market

Generally, before even thinking of selling a home, the standard practice is to take a long and meticulous look at the housing market. After all, if you do not scrutinize it well, you would not be able to come up with a realistic asking price. For some time, the real estate market has shown signs of improvement. But, do not let this be the sole basis of your asking price as over the years, there have also been several dips that might consequently result in more dips as time goes on. Selling on a slow real estate market climate means having to price your homes competitively—that is if you wish to move the house. Alternatively, you can bide your time and wait for things to improve. However, if the market does not recover, you would be compelled to pricing your home lower than what it would have fetched should you have begun at the outset.

2.) Compare sold properties

One aspect to consider when pricing your home right is to take a look at recently sold properties that are in your area. Apart from that, look for properties similar to yours and come up with a figure that would be both fair to you and your buyer. The population density of your area should be a consideration. If you live in a particularly populated city, your search should only be limited within a mile of your home’s location for recently sold homes.

3.) Consider current inventory

If you wish to have an approximate feel of how competitive the real estate market is, take a gander at the current home inventory in your area. If there are a plethora of houses similar to yours at the moment, you would need to price your home a little more aggressively to attract attention—particularly in a competitive market climate. However, if there are fewer homes for sale, you can price your homes a bit higher if you wish as there would be quite a number of people looking to buy. However, the main driving point for your asking price is to ensure that your home stands out from the other homes on the market. It should be distinctive and should attract attention.

4.) Compare active properties

Apart from taking a look at the overall home inventory in your area, another thing you should consider doing is to analyze other properties that are currently for sale while you, yourself are selling. Homes that are already on the market have already gone through the very same processes you subject your homes go through. With this in mind, the prices of these homes would give you a rough estimation of how much your asking price should be. If you priced your homes higher than comparable homes, you run the risk of the house sitting and not selling. As a result, your home would be less valuable.

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9 Home Decorating Finds To Score This 2018

Shopping for home decoration is similar to buying clothing.

You must take note of the measurements, quality, color, and material among other things. A lot goes on with interior decoration. Visiting the right store on top of scouring the pieces you wish to include in your home proves to be a source of a headache when you are at a loss for ideas.

A new condo for sale in Makati is in dire need of decorating. Luckily, luxury malls like Glorietta and Greenbelt are just around the corner to provide you with your decorating needs. If you plan to go for a haul or just redecorate, you must add these ten items on your list to score during your shopping trip.

1. Contrasting palettes

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Fusing bright and unexpected colors such as oranges and blues or purples with earth tones complement audacious personalities. These color combinations can work on small items and trinkets as well as pieces of furniture. Ashley Home Store at Glorietta 3 has signature home furniture, accessories, and mattresses.

2. Dark paint

Gray
Rooms with enough light from windows can take on a dark color. Midnight blue, charcoal or terracotta are some hues you can try for a bold interior. True Value at Glorietta 1 offers a wide selection of paint colors

3. Decorated fireplace

wallpaper fireplace
A standard feature on top of chimneys is the mantel-piece design. It makes the area feel outdated. Covering the outer walls of the fireplace with wallpaper or paint is more tasteful.

4. Disco ball

silver disco ball
Adding a disco ball in the living room or entertainment area makes an instant party place. The ball doesn’t provide illumination, but it’s an excellent reflector. Contemporary home stores like Dimensione may have one lying around their showroom.

5. Geometric shelving

wood triangle shelf
Irregularly shaped storages double in form and function. They are highly useful in keeping the space organized while adding design.You can opt for a standee that is a work of art in itself, or you can install some storages on an empty wall. Paint its inner part with bright hue to make the items out. A store like Home Bound has stunning pieces of functional furniture.

5. Lampshades

lamp shade
An efficient way to change your home without spending too much, you start with the small items. Changing your lamps shades with bolder patterns and brighter colors improve the aura of the room. Try exploring A Touch of Elegance at Glorietta 4 for lighting inspiration.

6. Patterned flooring

floor pattern
For the bold and loud characters, you can place your focus on the floor. Stencils or printed details like Moroccan-inspired or paisley patterns effortlessly brightens the area. Paint splats over solid colors is a simple way to include design while giving life in the space. Handyman has every decorator’s needs in store.

7. Oversized pendant lights

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Pendant lights or enormous chandelier changes the ambiance of the room. The oversized item dictates the personality of the area. To keep the balance of the room, ensure that the size of the light pendant is within the size of the table underneath it. Decor, a lighting boutique at Glorietta 4 has a variety of overhead lighting options.

8. Upholstery

plush armchair
Another way to include patterns in your home is by installing brightly printed fabric on your chairs. If covering the whole things seems overboard, keep one side in a solid hue. The remaining side works with loud prints or patterns. The pieces at Victoria Mondiale combines comfort and aesthetic.

9. Unpredictable side table

peacock side table
You can try a different surface instead of the usual four corners. A table with unexpected features – wooden vine-like legs or animal-shaped body – are ideal conversation pieces. Some surfaces can stand alone while others need support like a glass topper. Muebles Italiano has furniture pieces inspired by generations of culture and artistry.

Indeed, the malls of Makati CBD solves decorating woes. Glorietta guarantees to fill your condo unit with class and style. Most of all, it will amplify the color your life has to offer. These pieces will make you look forward to your time at home.

The Top Four Mistakes First-Time Homebuyers Make

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“You cannot have everything you want, but you can have the things that really matter to you.” –Marissa Mayer

 

Buying a first home in today’s real estate market should be relatively easy. However, for those who are going into the venture sans the experience, it can be rather confusing and a tad bit frustrating at times. As of recent times, the housing market is showing no signs of declining and slowing down—in this regard, many prospective homeowners would feel incredibly confident about the timeliness of their purchase should they choose to buy a house now. However, if one travels through the unchartered  (in the case of first-time homebuyers at least) paths of buying and acquiring homes, mistakes and oversights are easily made. If you are a budget or have saved up for this monumental milestone (as is the case with most first-time homebuyers), you cannot really afford to make any error that would inevitably lead to a financial blunder.

Regardless of how small a financial mistake might be, making the wrong move in a saturated market would often lead to pecuniary remorse and inevitably, home buying misery. Unfortunately, first-time homebuyers are predisposed to committing these errors if they are left to their own devices and are armed with insufficient information. In any case, you can mitigate the chances of committing these lapses if you are equipped with prior knowledge prior to making your first purchase. Whether you are eyeing your first home to be in Avida Towers Cebu or elsewhere, here are some common first-time homebuyer mistakes you ought to avoid:

 

Buying a home that is too expensive

What is expensive and cheap is relative to how much the homebuyer actually earns. However, regardless of what kind of home you are looking to purchase, you should always remember to stay within your budget. How much you can afford largely varies but it depends on your debt to income ratio. Remember, you are not only going to be spending for the home alone, you would also have to take into account your monthly utility bills, groceries, insurance, etc.

Not hiring a realtor

As this is your initial venture into buying a home, it would bode you well if you worked with a professional whose expertise is in how real estate works. More often than not, homebuyers would rather forego the assistance of a real estate agent thinking that this is just another expense. Sure, it might be another aspect to pay for but think of it as a worthy investment. After all, you would stand to spend more should you purchase a home without the aid of an agent.

Not leaving room in the budget for other expenses

Unlike renting, owning a home would mean that if something breaks, you have to fix it. However, most first-time homebuyers do not seem to realize this. As a result, they would often not leave any room in the budget for any other expense. Your budget should not only comprise of what you pay for the initial down payment of your first home. In fact, it should cover a myriad of things. In this regard, you should also ensure that you leave enough to have extra money each month should you ever have the need for it.

Putting too much or too little down

Coming up with the down payment is already a major challenge when it comes to buying your first home, so defraying most of your home’s total price should be a good thing, right? Not necessarily. Putting up too much money for the down payment would cause a severe imbalance on your money savings and as a result, you may end up bungling your monthly budget. In this regard, you should not be overeager about paying up majority of your first home’s total price. Instead, pay just enough that you would still have a little legroom in your monthly budget to ensure you can cover any other expenses should you need it. Remember, you cannot always plan for every contingency, so should an emergency happen, you want to be adequately prepared financially.

 

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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 Selling 101: Three Telltale Signs You Should Sell Your Home

“Our homes should inspire us to go out into the world to do great things and then welcome us back for refreshment.” –Melissa Michaels

There comes a time wherein you would feel you have overextended your stay in your current home or perhaps have overstayed your welcome in a rental. Regardless of whatever it may be, there will always come a time wherein you will feel that selling your home would be necessary and inevitable. While some people live in their first or second home forever, there is also quite a fraction of people who cannot make that sort of commitment. Unfortunately, while your motivation for selling the house might be there, knowing the appropriate time to have it listed on the market can be quite challenging.

Moreover, apart from having difficulty in determining when the time is prime for selling is, the entire process can be fraught with complications such as emotional attachment. After all, if you have lived in your home for a significant amount of time, listing it on the market can feel similar to breaking up with a longtime lover. Furthermore, your feelings of attachment would be further aggravated by the nostalgia you would inevitably feel.
However, this should not deter you, and although you may not exactly want to sell at the moment, some things would compel you to do so. Changes in life would sometimes make it necessary to move, and you should be leaving no room for self-doubt—especially if you think you can no longer fit your growing family in a two bedroom flat.

In any case, whether you intend to move your residence in Avida Cebu or elsewhere, here are some surefire signs that you have outgrown your home:

1.) You feel cramped, and you can no longer add rooms

One of the primary motivators for making a move is the fact that some families no longer fit into their current homes. However, even if your family is not growing it does not automatically mean that your current lifestyle would still fit with the house that you have. An example of such is if you have started working from home and might need a personal space that you would serve as your makeshift office. Similarly, you might have always wanted to pursue your passion for sewing and would need a room designated for that purpose. Unfortunately, your home is too small. If this is the case, then it might be time to sell your home.

2.) You have way too much space

Of course, there is such a thing as having too much space. While some homeowners are under the impression that bigger means better, it is not always necessarily so– especially true if you feel overwhelmed by the sheer size of your homes and are constantly bothered by the pronounced silence. You might have once had a big family whose children now have homes and families of their own. If it does not make sense for you to stay in a big house, it might be best to move into a smaller one and sell your existing home.

3.) You dislike the community and neighborhood

Perhaps some of the community rules no longer sit well with you, or you feel like you have not really made a connection with your neighbors. Whatever it may be, it is a reality that neighborhood dynamics can significantly influence one’s decision in selling a home. After all, if you can no longer live with the rules imposed, why would you stay? Sometimes, it is not the neighborhood that changes but you. Maybe you can no longer make the lengthy commute to work every day, or perhaps, your kids are getting a bit older and would need to associate themselves with other children their own age—which your neighborhood severely lacks. Whatever the case may be, if you feel like you are in the neighborhood, it might be time to make the move.

Subletting Alternatives: Four Reasons Why You Should Rent Out Your Units to AirBnb for the Long-Term

“Ninety percent of all millionaires become so through owning real estate.”-Andre Carnegie

Today, the logistics and avenues for real estate investment are continuously evolving in such a way that it caters to almost, every consumer’s demand and convenience. Back then, we saw our rental properties as profit generators and expect our prospective clients to ride us through the tide for at least six months or more. People who are in the vicinity for a short period, however, would have to rely on lodges, bed and baths and hotels. Fortunately, through technology and the influence of the Internet, Airbnb was created. This app allows people to sublet their rental properties for shorter terms while tenants get the satisfaction of living in a place akin to home sans the exorbitant accommodation bill. As a result, a symbiotic relationship is created between the host and tenant in such a way that the host gets short-term profits every time the property is rented out while the tenant has a place to stay for a few days.

However, instead of renting it out for a few days or weeks, you should start considering having it rented out for the long term. Well, if you have an empty unit in Avida Towers Cebu, you might want to consider expanding your Airbnb offering. Here are the reasons why:

1.) You live in the right neighborhood

Not all communities are created the same. There are some neighborhoods that are ideal for cultivating familial relationships while there are those that are ideal for young professionals looking to find their place in the world. If your property is any of two, there is a likely chance that a lot of individuals would be seeking it out. Airbnb provides families and individuals alike a unique avenue to look for a neighborhood that suits their lifestyle should they ever relocate to an unknown city. If you happen to be in the right neighborhood, your listing is a premier pick for long-term lease.

2.) You wish to have more time on your hands

Managing an Airbnb property that has people walking in and out almost every single day can be time-consuming, and if you have a day job, this can sometimes be impossible to pull-off. If such is the case, then you might want to reconsider your short-term listing and offer it for long-term as you would only need to find tenants and that is it—you are done with work. Finding long-term tenants dispenses with the need to update your listing and calendar every day. You would not need to clean and prepare your property every single time a tenant leaves giving you more time to yourself.

3.) You have a second empty home

In lieu of having your second property unoccupied and empty, why not open it up for a long-term rental on Airbnb? It might not occur to you yet, but it could potentially be a profit generator—so, in this regard, do not simply have it empty and sitting ducks. If you do not wish to have various strangers in and out of your home, consider having it rented for the long-term. Not only will this ensure you have a steady income for months at a time, but you would worry less knowing that you do not have different people coming in and out of your property.

4.) You want to be paid on time

An excellent advantage of listing in Airbnb is payments and getting paid on time. Airbnb requires tenants to pay using their credit card which means that rent will be given on time via the service you listed. This is a significant advantage for landlords as it ensures they would not have to worry about clients defaulting on their rental payments.

 

Home Decorating 101: Five Fail-safe Tips and Techniques to Picking Paint Colors

“I found that I could say things with color and shapes that I could not say any other way—things I had no words for.”-Georgia O’Keefe

It has been said that we should paint our lives with the colors of the rainbow. If we apply the same sentiment to how we decorate our houses, then our homes should not only possess interesting furniture and décor but appropriate paint colors as well. However, choosing the best color can be a bit of a challenge to most of us considering that there is a myriad of lighter and darker tones for a singular hue—and that is not to mention that the color palette itself is already a multitude of various colors. So, how do we reconcile our inability to select an excellent paint color and decorating our homes with fresh hues? How do we ensure that the colors we do choose do not clash with our furniture? Well, whether you are billeted in a condo such as Avida Towers Centera or elsewhere, here are the fail-safe techniques and tricks you can use to choosing the right paint color:

1.) Do not pick your paint color first

It may seem counterintuitive considering that it is only natural to get the biggest things done first. However, picking your paint color should be the last thing you do. Observe the surroundings of your home and have a rough picture of how you want it to look like when it is all done. With this in mind, choosing your furniture and interior decorations is paramount to selecting the right color. After you have selected your furniture, you will have a much easier time in picking the right paint color.

2.) Start small

It is pretty often that big projects such as painting a home can be a bit overwhelming and undoubtedly, some of us will have little to no idea where to start. If you are unsure of where to begin, then start with the small rooms first such as the bathroom or hallways between rooms. Should you be undertaking this paint project yourself, paint the area that is quickest for you to accomplish so that you can see the results as soon as possible. This would then make it easier for you to change should you not like the results.

3.) Consider the lighting

Before selecting a color, it is imperative that you consider the lighting of your homes. Paint stores have light boxes installed in their shops so that you can accurately test paint chips in various light settings. If you wish to see the truest color, natural daylight will reflect it; incandescent lighting brings out the yellows and warm tones while fluorescent lights tend to cast sharp blue tones. With this in consideration, choose the colors most appropriate for the type of lighting you have in your room. Intense colors would appear bright and overpowering when used next to a big window or exclusively on walls. However, it would look stunning when used as an accent wall with indirect light.

4.) Test paint colors against fabrics and furniture

The paint colors you choose should complement the furniture and fabrics within a room to ensure that they do not clash. To check if a particular color would look appropriate with your furniture, paint a piece of paper or poster board and hold it up against various pieces of furniture and fabrics contained in the room to see if it goes well together. You do not necessarily have to match colors, but be sure that the undertones work well together.

5.) Have a color theme

This does not necessarily mean you have to paint your homes in a singular color, but you have to consider how the results will look like once you are done painting the entire home. In essence, this would mean that you consider how rooms will look like when standing in another—especially if these rooms open into one another. If you wish to go with one color exclusively, then play with contrasts and paint some rooms a few shades darker or lighter.