When giving out home loans, all banks in Singapore require the homeowners to take up basic insurance coverage against domestic fire. This is seen by the lenders as a way to protect themselves rather than the homeowners. But industry players say homeowners should in fact be encouraged to upgrade to a more comprehensive policy. Most potential homeowners are just too happy to have their housing loans approved...
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You'd like to remodel your bathroom, redo your kitchen, or add an extra room you can use as a home office. Whatever it is, you've got some serious ambitions for your home. But home renovation and construction projects take more time than basic decorating and design projects you can conquer with a DIY weekend. Here are a few tips for finding that time, busy life and all. If you're undertaking a home...
Living rooms are where we feel able to relax and be comfortable. However, when selling your property, you may have to sacrifice some of your creature comforts for image. 1. Pack away as much clutter as possible - videos you don't watch regularly, piles of magazines and books, and all those odds and ends you have been meaning to sort out. You will have to pack these away to move, so do it sooner rather...
1. What is Property Tax? Property Tax is a tax on immovable properties (i.e. land and buildings). The tax payable is calculated based on a percentage (Tax Rate) of the Annual Value. 2. Who is liable for Property Tax? All property owners are liable to pay Property Tax. 3. Definition of property owners Under the Property Tax Act, the person for the time being receiving rent of any premises...
Choosing who is going to move your home is an important decision. This is not the time to be shy. Make sure you fully understand the services each moving company offers and the rate at which the services can be provided. Below is a list of questions the experts at TWO MEN AND A TRUCK® suggest asking moving companies to make sure they fit your needs. Is the moving company licensed? Does the...
In a perfect world, it would be easy to always be objective and make rational decisions based on sound information. In reality, emotions and timing often have a big effect. Sometimes the best you can do is to set the stage so that you minimize the subjective influences. Give yourself power and control. Don't find yourself in the position of "having" to buy and doing so in haste. 1. Work out the...
Pricing your home is an art not a science. Achieving the optimal prices is the result of both objective research into similar properties and instinct in determining how much a buyer will be willing to pay for your home. The right price will attract showings, which will generate offers. The unfortunate fact is that price is the number one factor that most homebuyers use to determine which homes they...
Avoid the 9 Most Common, Painful, Frustrating Mistakes 1st-Time Home Buyers Make Buying a residence can be a hair raising experience. You will experience a roller coaster of emotions while finding the right place, securing the loan and finally moving in. For most of us, the first time home purchase is the largest investment we’ve ever considered. The emotions of purchasing something so expensive and...
These days, when it comes to selling your home you have many options to consider. So how do you ensure that you maximize the return on the sale of your home while minimizing the time and frustration? By learning the right questions to ask. There are 4 fundamental questions any real estate professional should be able to answer easily: What percent of your company's listings have sold in the last 12...
Letter of Offer On agreeing heads of terms the landlord will normally issue a Letter of Offer which outlines the general terms upon which the agreement is based. Often this is accompanied with a copy of a draft standard lease. The landlords usually give 1 week to 10 days for the tenant to sign the Letter of Offer and return together with an initial deposit of 1 months rental. Lease Documentation /...