Residence Style |
- Top Features to Look for in Your New Home
- Six Costs to Budget for When Buying a Property
- Are Window Roller Shutters Worth The Investment?
Top Features to Look for in Your New Home Posted: 17 Jun 2022 04:38 AM PDT When you're considering buying a new home, there are so many things to look into that it's easy to forget about something important. In no time, it can be too late and you've missed out on the perfect house. Stick to these top features to look for in a new home and you'll set yourself up for a less stressful home hunting experience. The location First and foremost, get a better understanding of the neighborhood itself. Just because you've found an ideal home, doesn't mean the surrounding area will be just as perfect for you. Visit the area on random mornings, evenings, and weekends. How tidy are the lawns? How loud does it get in the evenings? Would you feel safe going about your day here? Where it’s situated Houses for sale can be in a great location but have some unexpected issues you hadn't previously considered. Take some time to look out of each window. Check every view, and more importantly, check if neighbors can easily see inside your home. The number bedrooms This is where a list of essential criteria can save you a lot of time. Give yourself a minimal amount of bedrooms to ensure your family is going to be comfortable in your new home. Even if you're living alone, be sure that there's enough space and bedrooms for whatever you need and want to buy for your new home, whether it's a study, a home office, or a cozy reading nook. The number of bathrooms If your dream home has multiple guest rooms, or you're looking for a house to fit a large family, the number of bathrooms a place has can quickly become an important deciding factor. Consider the morning routines you'll need to accommodate, and whether the bathroom space available can suit it. If there's only one bathroom, is it large enough to avoid clutter and constant problems? The kitchen It doesn’t matter whether you’re living alone or finding a forever home to raise a large family, the kitchen is always going to be a place where memories are made and quality time is shared between loved ones. That’s why it’s important not to get distracted by trivial things like utensils and instead focus on the potential for counters, cabinets, and other fixtures. The daily commute Outside of home comforts, you'll need to remember that this is the place you'll most likely be driving to and from, day in and day out, for several years. From leaving work on a Friday and enjoying a nice solo weekend at home to picking up the kids from school, your daily commute needs to be relatively easy, or you'll soon grow to resent it. The future The only feature of a home that's truly yours to shape from beginning to end is your goals, dreams, and future aspirations. If your potential new home can accommodate these needs and help you to achieve what you want in life, no matter how big or small, you'll be on the right path to finding the perfect home. The post Top Features to Look for in Your New Home appeared first on Residence Style. |
Six Costs to Budget for When Buying a Property Posted: 17 Jun 2022 02:50 AM PDT It is hard to get around the fact that buying a house is an expensive venture. If you are new to this world, you may not realize that aside from the actual house cost, there are additional things that you have to foot the bill for as well. This post explores six extra monetary factors that you have to account for when you are buying a property. Option to Purchase FeeFirst, let us explore the Option to Purchase fee (OTP). This is a legal contract between you, the buyer, and the prospective seller (i.e. the current property owner). Upon signing this contract you pay a percentage of the total value of the building. This can be no higher than $1000 for HBD properties or around 1% for private sale avenues. By doing this, you are securing a legal right to go ahead and start proceedings for the full acquisition of the asset. If you opt to not go ahead, the seller has the legal right to retain your money. This is in place to deter stop-start buyers who may back out from the sale for any reason. It protects the seller but it also protects the purchaser as no one else will be able to have an offer accepted once the OTP is established. Stamp DutyBuyer's stamp duty is a tax held against the value of the property in question. For non-residents in Singapore, for example, ex-pats, this fee can be around 35% of the total value. You can find lots of helpful advice from PropertyGuru, a company that provides information about purchasing and selling property in Singapore. They have a handy guide on additional buyer stamp duty, an additional tax you are liable for as a resident or non-resident investing in property. This can be a cost of up to 35% of the value of the building in question and was introduced to manage the growing demand for property in the country. Solicitors FeesAdditional tax costs aside, another thing you will have to pay for is the legal fees associated with property sale contracts. These take up the time and resources of a firm and they have to be done correctly to validate the legality of a sale. So, it is an unavoidable cost and it is not capped in any capacity. This means that you will have to pay for contract drawing and signing and any other types of underwriting that may have to be done throughout the process. Expect to pay upwards of $2000, which is not just pocket change. This substantial cost is a necessity as, unless you are an expert in housing law and all things related, there is a call for professional assistance. Pre-purchase SurveysNext, we move on to survey costs. Surveys are a sensible thing to invest in before you put your money into any major property purchase. Most mortgage companies list it as a prerequisite for mortgage acquisition. Without a survey, you will not be able to ascertain the true value of the property as you will not be aware of any potential damage or work that needs doing. Surveys look at things like wall integrity, potential roof issues, mold, and dampness in a property. Aside from structural surveys, there are also things like garden surveys to assess established plant life such as trees and the like. Once completed, you will receive a detailed description of any damages in need of repair and a potential cost value of these jobs. These costs regardless of stature can be offset against the cost of the property as per the legal and moral responsibility of the original house owner. Valuation FeesAny property is put on the market with a valued cost from a professional. But did you know that your mortgage lender will more than likely demand to carry out their own valuation of a property to ensure everything aligns with their investment? This can cost anything from $1500 depending on the size of the property and the time spent during the valuation. Lenders need this information because there can sometimes be discrepancies in price agreements that need ironing out before approving the property loan. Unlike property retailers and surveyors, mortgage lenders have their own criteria concerning the housing they fund. You might never see the results of these reports; however, you are liable for the bill in the end. It can be overwhelming to realize all of the associated costs that come with buying a property. However, it just means a bit more planning on your part. Some of these fees, such as surveys, can be rolled into the end price that you pay after securing your dream place and some of them, such as mortgage valuations, are required upfront. Regardless, it is a big commitment and something that must be adhered to meticulously so that you can secure the property without a hitch. The post Six Costs to Budget for When Buying a Property appeared first on Residence Style. |
Are Window Roller Shutters Worth The Investment? Posted: 16 Jun 2022 11:00 PM PDT How do you want to protect your family's privacy and security while maintaining your home's aesthetic appeal? The answer is window roller shutters. Window roller shutters are a great feature you can add to your home. They can be made of aluminum, steel, polycarbonate, or wood, tailor-fit for your windows. Many contractors offer flexible prices for window roller shutter installation. Learn more about the prices of window roller shutter solutions at Melbourne Secure Roller Shutters or other similar companies in your area. But the question is whether window roller shutters are worth the investment. The best way to answer this question is by highlighting the benefits of window roller shutters. Read on below to learn more. Benefits Of Window Roller ShuttersThe benefits of window roller shutters include the following: Promote Better Home Safety Burglars can break into your home through an easy-to-open window and steal your valuable belongings. Protect your valuables at home by adding an extra layer of safety features. Install the most durable window roller shutters. Extremely resilient window roller shutters are hard for intruders to enter your home forcefully. Professional contractors employ the proper window roller shutter designing and building techniques to ensure robust installation. Aside from intruders, harsh weather conditions can compromise your family's safety. Hail storms, tornadoes, and hurricanes can be destructive and can cause significant damage to your home's exterior and belongings inside. A robust steel or aluminum window roller shutter can help prevent external elements from penetrating your windows and causing harm to your family and damage to your properties. Promote Better Home Insulation While you can change your window treatments such as curtains and blinds, depending on the season, they don't offer much insulation, unlike window roller shutters do. Window roller shutters keep your home interior cool. They provide an added layer of insulation, keeping out the heat during summer and providing warmth in the winter. Hence, installing window roller shutters can make your home more comfortable year-round. Help Save Electricity Bills Inflation is rising, and electricity rates keep increasing. Many homeowners struggle to pay bills and make ends meet using their monthly paycheck. Therefore, they try anything that could help reduce monthly bills and expenses. Because window roller shutters add an extra insulation layer, homeowners can save on electricity bills. Heating, ventilation, and air conditioning (HVAC) units don't need to work harder to supply your family with a comfortable temperature during extreme summer or cold months. Makes Your Home More Appealing Window roller shutters come in different sizes, styles, and colors. Whether you have a classic or modern home, you can choose the right type of window roller shutters that matches your exterior. Many people think that window roller shutters are only suitable for commercial establishments. However, designing homes with window roller shutters is one of the latest architectural trends you don't want to miss. How To Find Top Quality Window Roller ShuttersProtect your home investment by looking for top-quality window roller shutters. Check out professional window roller shutter contractors in your area. Choose a contractor with a good track record in installing high-quality shutters. You don't want to waste money replacing window roller shutters in a year or two. So, compare the roller shutter services of at least three companies before making a final decision. You can search online or ask for referrals from trusted people who availed of your prospective contractor's services. Most reputable window roller shutter contractors have physical office addresses and offer free, no-obligation quotes. You can take advantage of their free estimate to get the best deal without compromising product and installation qualities. Window Roller Shutters For Long-Term InvestmentAs a homeowner, you want to make your property look appealing, feel comfortable, and functional. One way to accomplish these goals is to install window roller shutters. Just imagine the hassle, stress, and expense of handling a burglary or any other crime incident involving home intrusion. The same is true with the possible damage that natural disasters can cause to your family. Installing window roller shutters is a great preventive measure to secure your home. Your family's peace of mind and safety can compensate for any upfront cost you'll spend on window roller shutters. Conclusion Window roller shutters are worth the investment for many good reasons stated above. Installing window roller shutters is one of the best ways to improve home safety, comfort, and aesthetic appeal. Before making any final decision, choose an experienced contractor to help you determine the best type of window roller shutter suitable for your home style within your budget. The post Are Window Roller Shutters Worth The Investment? appeared first on Residence Style. |
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