Archive for June 2018

The Right Act of the Best Home Loan Option

The credit to buy, build or remodel a home is one of the most important you can get. That’s why we give you these recommendations.The first thing you should know is that, in general, mortgage loans do not cover the total value of the home you wish to acquire; In reality, they complement the money you already have in order to collect enough to buy it.

The Right Steps

Usually, the companies dedicated to give credit establish a minimum percentage of the total value of the house as a down payment. Let’s suppose that you want a department of 1 million SGD and that the company to which you are requesting the loan asks for a 20% down payment. This means that you would have to contribute 200,000 SGD as a down payment and that the amount that the grantor will finance will be 800,000 SGD. With the best interest rate refinance home loan in Singapore the options would be perfect.

  • Let us suppose that the notarial expenses are of 5%; that would represent an outlay of 50,000 SGD. Added, in this example, for the purchase of the property you would need to have 250,000 SGD available.
  • If you have the opportunity to contribute a higher percentage, it can be very convenient because the amount that will be financed will be lower and, therefore, the amount you will pay for interest will also be lower.
  • Take note that depending on the institution and the type of loan you request, they can lend you 80%, 90% or up to 100% of the appraised value of the property. Go to the institution of your preference to request several simulators.
  • When considering mortgage credit options it is important that you pay attention to 7 basic elements.
  • Make your family budget to have certainty that you can pay promptly and without problems your credit.
  • Compare products and schemes in different institutions and choose the best one.
  • Remember that the interest is the additional amount you will have to pay for the credit. There are several schemes, explore the offer in the market.

With a mortgage loan, there are other costs to be considered as research expenses, valuation, commission for opening the loan and, of course, notarial expenses. Most mortgage loans include insurance whose cost is covered by your monthly payment. The use of the most trusted money lender in Singapore is essential there.

Remember that with long terms the monthly payment is lower, but in the end the total amount you will pay will be higher. On the other hand, with shorter terms, the monthly payment is higher, but the total amount you will pay will be lower.

In order for your property to have better chances of having good value in the future, check the quality of the construction and finishes, the infrastructure and nearby streets and, very importantly, the location of the property.

Check and keep in mind what the penalties are in case you fall behind in the credit payments. Also see if there is any penalty to advance monthly payments or prepay your credit and know the insurance included in your credit.

Brad Roemer Adapts To The Lavender Take-Over

The year of Millennial Pink splashed everything has finally come to an end through its tag-tell replacement color: soothing lavender. It pretty explanatory that lavender is the color of the season, seeing as anxiety rates have increased ten-fold over the last decade. With a surplus in demand of anxiety and depression medication and psychological bills going through the roof, lavender-scented essential oils and the color in itself can bring a calm effect on those suffering from burn out. The design world has seen a great number of additions to the home space, swapping the prior Pepto color for a serene color.

 

A Bold Paint Choice

Brad Roemer’s favorite swap are in the larger furniture and décor items, such as lavender walls with square crown moulding fixtures in the glamorous office space. While this last example provides a bold move of inspiration, it’s the ultimate choice for a fashionista that wants her own book and writing nook where no one can disturb or distract her from getting her work done.

 

Not All Sofas Are Expensive

The team at Brad Roemer realtor is always on the lookout for cheap alternatives to the $1,000+ sofa that most new homebuyers wish to avoid. Certain companies, such as Urban Outfitters, offer sofas that although not L-shaped are long enough to accommodate even four people. To top it all off, the hint of metallic on the subdued lavender allow for a trendy addition to a conventional white-walled apartment complex. This way, any feminine artwork or staple décor items such as a bowl or a hanging painting will be accentuated by the couch.

 

Hitting it Hard with Larger Furniture Items

For the die-hard fan of new color palettes, opting for other larger furniture items in this pretty lilac such as a upholstered arm chair or the entire outdoor patio set can bring a fresh, new outlook on your minimalist black and white array of furniture items. If you fear making such a large investment on a “trendy” color that may soon enough be considered a fad the same way Millennial Pink is now a thing of the past, then perhaps choosing minimal décor accents such as a square vase from Pier 1 or a light purple throw at the edge of your crisp white bed. Shower curtains in the color or a plush ottoman instead of your coffee table may be more your cup of tea.

 

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