Should I Buy a Home and Land Package?

Should I Buy a Home and Land Package?

Real Estate
Have you ever thought about purchasing a home and land package? The packages can be a great investment because you are acquiring both the land and the construction of the home in one purchase with a fixed amount. It is two separate contracts with a combine price, however, there are two types of packages. Build homes and sell them as a complete house and land deal Offer a choice of land and the buyer can choose the features you would like in your new home If you want to build your dream home and design it yourself, it can turn into one of the best assets in your life. The initial purchase includes buying a ‘lot’ of land and then selecting a builder and home design, however, once you become…
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What Real Estate Should I Invest In?

What Real Estate Should I Invest In?

Investment, Real Estate
A property is land, or any building attached to it and it is one of the most important financial investment a person owns. Buying a house for things such as rent and property appreciation can help build your wealth, however, it can be a long-term process. Some of the benefits of investing in property include having a physical asset, it can increase your income and you can receive tax deductions. There are four different types of property a person can invest in such as residential, commercial, industrial and land. Residential Residential property is building or reselling houses with the intention to create a home. Its primarily used for people who want to buy homes for their families, however, it can be a great investment strategy. A person can make money…
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10 Tips for First Time Renters

10 Tips for First Time Renters

Real Estate
The first time I lived out of home, was an exciting time; living without my parents and being able to eat whenever I wanted and come home and be loud at any time of the night. It was also a scary time, I didn’t have a security blanket anymore, it was my responsibility to organise bills, to shop and to clean the house.  Here are some tips that helped me when I first moved out of home that can help you too! Budget- look into your finances When you first get a home, you and your fellow roommates are responsible for all of the expenses. You do your own shopping; you pay for your own rent and you pay for your own bills. It’s helpful to create a budget and…
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4 Things to Look for in a House Inspection

4 Things to Look for in a House Inspection

Real Estate
Buying a house is one of the special things in your life. Going to inspections and looking at the size of your new backyard or the decor of the house can be a wonderful moment, however, when it comes to buying a house there are more things to consider.  Here are 4 things to look for when you buy a house that could save you money.   Look at the house structure. When you buy a house its important to look at the integrity of the property. If you see any holes in the roof or loose wires it could mean spending more money to fix than what you originally thought. It is also important to focus on whether the house suits your needs such as the number of bedrooms…
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Beginners Guide: Where Should I Invest?

Beginners Guide: Where Should I Invest?

Finance, Investment, Real Estate
"Higher the risk, higher the reward" This is the main thing everyone knows about investment. However, when it comes to investment, it is important to reiterate "Don’t invest more than you are willing to lose" Here is a guide into some of the places where you can invest and what the advantages and disadvantages could be. Savings Account Savings account is a guaranteed way of getting a return on your investment, however, it doesn’t yield a high return. Advantages Having a savings account is low risk, whatever money you put into your account will generate interest overtime.Savings account is one of the most secure ways you can invest in due to the stability of banks and there is little possibility that you would lose the savings account. Disadvantages A savings…
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