Your New House: Rent vs. Buy

Getting your own place sounds very exciting. However, with the high prices and many available choices, the question is: to buy a house or to just rent? The number one thing you should consider with this question is the cost and the viewing of the property (refer to : real estate virtual tour software). You have to determine whether renting or buying would be less pricey and less of a hassle. Let’s see!

 

Benefits of Renting a House

  • There will be less paperwork and less money involved. For rent, you only have to pay the monthly cost and, maybe for some, one month advance and a security deposit. Not much paperwork is needed other than maybe proof that you’re a good payer, and identification.
  • Leave the damage responsibilities to the landlords. If there’s a damaged pipe or leaking faucet, you can tell the landlord right away and have it fixed. Although you may have it repaired yourself, there are some places that have complicated layouts you might not know about or the landlord just want to make sure his/her property is alright.
  • Since it’s not your property, you don’t have to worry about property tax bills.
  • You also don’t have to worry about decreasing home values.
  • Paying your monthly rent on time, as well as your electricity and water bills, this will help you build your credit. Make a good image of being a responsible payer for future benefit, like for example applying for a loan.

 

Benefits of Buying a House

  • Usually, when buying a house, you get into applying for a house loan or mortgage program. This will also help you build equity and credit.
  • The house is yours, don’t worry about answering to landlords. Your house, your rules.
  • There are possible tax benefits available for you.
  • Because it’s your house, you can freely make improvements and upgrades as much as you’d like. You also don’t have to worry about being too careful and noise conscious unlike when you’re just renting.

 

Reasons to Rent a House

If you’re not sure if you should rent or not, you could very well determine the answer by thinking of how long you plan to stay in a place. Renting is the perfect option for those who have unpredictable work or family situations and those who are regularly on the move. This is also the better option for those people who cannot afford and cannot be bothered with maintenance or repairs. Lastly, this is option favors those whose finances are not yet very stable and the fact that they might not be able to keep up with the loan/mortgage payments.

 

Reasons to Buy a House

First and foremost, a house is a great investment. In fact, any property you buy is a great investment if you only use it properly. Buying a house is perfect for people with families, those couples who plan to settle down and have a family, or simple the people who plan to stay in one plane for more than a few years. Buying a house also means that you’re willing to rent out a part or your whole home when the need arises.

 

So what do you think? Will you rent or buy? While you’re still in the middle of deciding, always remember that “Home is where you feel loved, appreciated, and safe”. Best of luck!

4 Common Myths of Business

The advancement of technology changed not only our daily lives but also affected the business world. Millennials, Generation X and Baby boomers all compete as digital natives and are updated with the latest gadget release. Being tech-smart has its advantages if put to proper use,  other people even use it to their advantage to either grow and build a small business.

 

Technology indeed helped these people of the generations mentioned who wanted to explore and try to fit in the business world like some real estate virtual house plans . But with all the technology they need to use to broaden their knowledge, that is still not enough to know the myths of business. So to help tech-savvy business people widen their knowledge of the matter, here are some myths of business:

 

“Starting a Business Make You Rich” — For those young professionals who would want to be financially independent, starting their own business seems to be the way to go. That’s where you’re wrong, there are a lot more ways to be financially stable and are said to be more safe and reliable. Sure you can get rich starting a business, but the way to get there sure is not as easy as 1-2-3.

 

“RIP Social Media” — They say owning a business means sacrificing your social media life, I beg to differ. With the advancement of technology, social media right now is an advantage to every business out there. Social media is where they can connect to people and advertise their business, make sure to catch up with the trends though, to capture your target audience’s attention.

 

“Founders are Owners?” — The boss is the one who came up with the business, that’s what they say. Apparently, the founder is not always the owner. Also, the founder doesn’t have to do everything alone. With the right people to help the business boom, the founder owes it to them. Don’t forget the loyal customers who believe in the business!

 

“Hiring Employees With Experience is Better” — With more experience means more knowledge of the field, that is not always the case. Sure you’d have more knowledge regarding the field but that makes you robotic and is not open to new ideas on improvement. Young adults nowadays are determined and creative when it comes to work, they are open to new ideas and of course, have fresh ideas of their own. After all, change is the only constant thing in the world.

 

There you go, a few myths of the many on the list! As a newbie in the business world, may this help or aid you in your journey to success and growth. Break a leg!

Home Maintenance 101: A Checklist For A Pristine House

If a person needs self maintenance in terms of health and beauty, then one’s home also needs just as much attention. Then ensure a real estate virtual tour pricing in Owning your own house, or any property for that matter — residential, commercial, or office — means that you have the money, time, and effort to make it possible. Here’s a checklist guide on what to check, when to check it, and what to do for a pristine house.

 

DAILY:

  • Do the dishes, put them back in the dish drawer or cabinet.
  • Sweep the floors.
  • Water the plants, or put them where the sunshine hits.
  • Wipe off dust and unpleasant marks off windows, glass walls and cabinets, metal finishes (refrigerator, oven, etc.), as well as electric wires, door knobs and storage handles.
  • Throw out the garbage.
  • Wipe off grease on the stove and counter tops.
  • During fall and winter seasons, sweep leaves regularly and push away ice off the driveway or wherever it shouldn’t be to avoid any accidents and a dirty looking exterior.

 

WEEKLY:

  • Clean the dishwasher.
  • Clean the bathroom.
  • Do the laundry.
  • Mop floors.
  • Look out for loose hinges or damaged walls and cabinets.
  • Toss out leftovers and expired products. It’s also a good opportunity to do inventory of what you have at home and take note of expiry dates. You could also take note of what you should buy the next time you do the groceries.
  • During the fall and winter season, always check for leaves or ice outside your house and make sure it doesn’t do harm to your property or make it look messy.

 

MONTHLY/SEASONALLY:

  • Vacuum carpets, mats, and refrigerator coils.
  • Wash floor mats, rags, cleaning materials.
  • Check if you have leaks anywhere in the house, just to make sure that the drainage and other things are okay in the house, even those that cannot be seen.
  • Try to run water and flush toilets and unused spaces such as guest rooms, sink in the basement or garage, etc.
  • Deep clean your refrigerator for a clean and bacteria free cold storage.
  • Monitor the current status and condition of your security alarms, smoke detectors, fire extinguishers, and other helpful house gadgets.
  • When summer is near and when summer is over, always make sure that you have it cleaned for the next use.
  • Take a look at your exterior — plants outside, trees near electric wires, driveway, garage door, roof, your walls and windows from the outside. See if there are any cracks, damage, dirt, etc. and address it right away.

 

One last thing before you go, you have to make sure to stick to this checklist of things you should check. Or else, you will find yourself in a stressful situation which you could have avoided if you took a minute or two out of your day to look after the different parts of your home.

 

These are just the general things to check on, all other specifics already depends on someone’s home. No two houses is the same so, some things are only applied to you. Either way, I hope this little checklist helps!