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Six Packing Tips For Your Next Move You Must Know

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When moving to a new home, packing is one the biggest things about it. It can also be the most troublesome. Not only is it a lot of work and can be time consuming, but it can be fairly complicated and surprisingly aggravating. Here we will give you six helpful tips to help you with your packing when you have to move.

1. Make Sure You Have Everything you’ll Need.

Not only will you need a number boxes, crates, and bins, but you’ll need to make sure they’re the right size for what you need. It’s very annoying to find out the box you’re using doesn’t have enough room, especially when you only have a few items or even just one item left to go in it. Always get something a little bigger than what you think you’ll need. Not only will you be sure to get everything in it, but you might be able to fit a little something else in the extra space.

2. Protect Your Stuff.

That is, make sure you stock up on packing materials. Like bubble wrap, Styrofoam peanuts, inflated bags, and cushioned padding. You can even get boxes and cases with the material built in. After all, you don’t want to risk a beloved or valuable item being somehow damaged in transit, now do you? Also, make sure you use strong, durable tape and cover every opening and crack in the box to make good and sure the package doesn’t come open for any reason and something fall out.

3. A Place for Everything and Everything in Its Place.

Make sure you pack items by group like clothes, appliances, kitchen utensils, etc. Likewise, try to pack them in an organized manner for maximum capacity and to make it easier to find what you’re looking for when you unpack.

4. Label the Boxes.

We hope that doesn’t sound condescending, but it’s still a rather important tip. You’ll need to know what is in which container so that you’ll know where each item is by category or group and be able to quickly put it where it needs to go when it’s unpacked. Thus writing what types of items are going in the containers can be a bigger help than some might think.

5. Keep the Best Stuff Close at Hand.

The more valuable or important the item, the better the container you’ll need. Like a lockbox, metal briefcase with a lock or small safe. You may also want to keep said valuable close at hand as you travel, mainly hidden somewhere in your vehicle like, oh, under a seat or under your other luggage.

6. Use a Good Moving Company.

Be sure you hire movers who will handle your packages in an efficient, timely and careful manner. Look into your local moving companies and hire the one that sounds best to you. Though it should be noted that price and quality don’t always go hand in hand. Even if a mover cost a little more than his rivals, it may very well be worth it.

So there you have it. We hope these tips will be very helpful to you when and if you should have to move away.

How to Time Your Move to Avoid Storage Fees

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Moving can be expensive and you need to save money where you can. Often, you may need to store your belongings if there is a gap between selling your old home and completing the purchase of your new one. Only by taking control of the whole process, can you ensure that you move in to your new home without needing to send your household goods into storage and pay exorbitant fees.

Plan your process

Moving home can also be one of the most stressful times in your life, but with a little planning the whole process can be a little easier.

First, you need to understand the sale and purchase process. Ask questions of your mortgage company, the valuation expert, your potential estate agents and your solicitor. They will all be involved in moving matters along as your home sale and purchase progresses. Last, but not least, speak to your removal company early in the process so that you can give them some guide dates for when you’re most likely to be moving home.

After the recession, more people are finding it difficult to get a mortgage application accepted, so it is easier on your nerves if you apply for your own mortgage early and don’t commit yourself to the move until you have the mortgage offer in writing. Conversely, you may need to consider whether it’s good practice to accept an offer on your property and prevent other people from viewing your property, until you know your purchasers have their mortgage offer in writing.

steps doorway and pot flowers

There will be a lot of pushing for you to commit yourself to several actions during the procedure. The estate agents will want you to sell speedily, because they get paid quicker. The solicitors on both sides of the equation will be working for their side of the deal, but while they will want everything to move along smoothly, they will be working for their client first and foremost.

Timing is vital

Consider not committing to a date to move into your new home unless you know it is going to be ready for you. This may be particularly important if you are moving into a new build property. While all new house builders will suggest when a property will be ready, poor weather and other activities may have an effect, and you may find yourself with a date to move out of your current home and a completion date for your new property some weeks away.

Quite often, the two solicitors will agree a date when everything should go through smoothly. It’s best if you have a provisional date booked with your removers, because you wouldn’t want to be unable to move your household goods from your home if your remover suddenly tells you that they’re too busy on the day you require them. Moving on a day other than a Friday will help availability as most people try to move the day before the weekend to give them time to settle into their new home before going back to work.

There’s nothing wrong with selecting your new home purchases, like a fridge, bed and sofa, but not committing to a date for delivery. There’s no point in having to pay storage fees for these items, if they can be stored in the manufacturer’s factory for free.

Finally, it’s also worth clearing the clutter at your old home before you move. If the worst happens, at least you’ll have less to go into storage.

5 Reasons Your Home Isn’t Selling (and What to Do About It)

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Has your home been sitting on the market for longer than you expected? Then there may be a few problems that need addressing. Whether it’s the price or the style, your home may need a few changes in order for it to sell. The following are just five reasons your home isn’t selling and what you can do about it.

The Price Is Too High

Relax, you don’t necessarily have to lower your price a drastic amount. Sometimes a small reduction will open your home to more buyers. For example, if your home is priced at $200,000, reduce the price to $199,000. It’s only a thousand dollar drop, but it will open the listing to those searching within that price range. If you have a real estate agent, discuss the best approach for a price reduction. If not, research the market and see what similar homes are currently selling for.

The Home Lacks Curb Appeal

Pictures of a gorgeous interior will certainly bring prospective buyers to your home, but poor curb appeal will leave a bad first impression. You don’t have to hire a gardener to spruce up the outdoor area. Clean the yard of dead leaves and plants. Scatter fresh mulch in the flower beds. Paint the porch and siding, if necessary, and simply tidy things up to make the home more appealing.

The Rooms Are Over-Personalized

If you’re still living in the home, the home may be too personalized, which can turn off buyers. Focus on packing up your belongings and painting the rooms a neutral color. You want the home to feel lived in and homey, but in a way that makes buyers feel at home, like they could move in right away. This is also a good time to declutter the home. Clutter makes the home appear like it doesn’t have enough storage.

The Rooms Are Empty

Another problem is when you’ve moved out of the home and the rooms are a blank slate. Some buyers have a hard time imaging how furniture placement would work in the room. If possible, leave unneeded pieces and decorate the room to feel inviting. Furniture can also be rented from a rent-to-own store and used until the home sells. This is a great way to decorate the home with the latest trends while sticking to a budget.

The Home Has Awkward Spaces

If your home has more than one living room or an awkward alcove, you need to address these areas so that buyers understand their usefulness. For example, decorate the alcove with a desk and small bookshelf for a home office and turn one of the living rooms into a family room.

Sometimes your home just needs a few minor changes to attract more buyers. These are some of the most common reasons homes sit for long periods of time, but are easily fixed with a bit of hard work and very little investment.

Navi Mumbai—the Gen-Next City in Western India’s Realty Souk

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Located in the eastern trans harbor of Mumbai, Navi Mumbai has emerged as a favourable realty destination. From a rustic expanse of barren land to a bustling locus of the real estate market, Navi Mumbai has come a long way. The following article takes a quick look at the same.

Navi Mumbai—an Overview

Lying on the western coast of Maharashtra, Navi Mumbai is a planned satellite township of Mumbai. Developed in 1972, Navi Mumbai is the largest planned township in south Asia. Since long the decision to build a city across the western coast was in the cards with the primary of decongesting the island city of Mumbai. As an island city, Mumbai had its own physical limitations. The city of Navi Mumbai was seen as an alternative for the millions who thronged the City of Dreams every day to make a living.

Social Infrastructure in Navi Mumbai

Navi Mumbai has been developed by the City and Industrial Development Corporation (CIDCO) who cared out 14 small townships with a view of widespread development. CIDCO planned and developed the entire area including railway stations, commercial and retail spaces. Most importantly the Central Business District (CBD) of Belapur is among the pivotal commercial area of Navi Mumbai.

The Creek Road, Vashi Bridge and The Sion Panvel Expressway was constructed and opened to the public. However, the township noticed a sudden growth in the demographic profile and economic activities during the early years of the 1990s when a wholesale agricultural market was commissioned and a commuter railway line connecting Vashi to Mankhurd was inaugurated. Other basic social infrastructure includes broad roads, four/six lane highway and flyovers.

Real Estate Scenario in Navi Mumbai

Some of the old areas of Navi Mumbai include Nerul, Belapur and Vashi whereas some of the upcoming localities are Roadpali, Kharghar and New Panvel. Buyers, investors and end-users can invest on properties in Roadpali, New Panvel, Vashi and other localities. According to latest reports, the property rates in Navi Mumbai varied between Rs. 3000–Rs. 4500 in the residential bracket and Rs. 4000 –Rs.7000 in the commercial segment.

Several factors have been responsible for turning Navi Mumbai into a forthcoming township that is soon expected to be bustling with life. Most important is the fast improving social infrastructure that in turn boosted the commercial activities of the township. Various companies especially the software ones, both domestic and multinationals have set up their offices in Navi Mumbai. Companies like Hexaware Technologies, Patni Computer Systems, TCS and others. All these companies are located in an IT park named the Millenium Business Park. Reliance Group of Industries also has its presence in Navi Mumbai.

Other major markets in Navi Mumbai include a large steel market and a wholesale fresh fruit and vegetables market. Other major landmarks comprise the Jawaharlal Nehru Port, and the CBDs of Belapur followed by Mahape, Vashi and Nerul. The Navi Mumbai Special Economic Zone (SEZ) located in Kalamboli and Dronagiri are aimed at providing economic growth and job opportunities. Situated at a close proximity to the proposed Navi Mumbai International Airport, the SEZ has already attracted investments almost worth Rs. 50,000 crores.

Considering the growing commercial importance of the town, it is definitely not surprising that residential property in Roadpali, New Panvel, Sanpada and Airoli have witnessed a boom. Noted builders and developers like Arihant Universal Group, Shah Group and others have invested crores of monetary resources in order to develop the residential vista of Navi Mumbai. The residential projects that are coming up are not only packed with facilities like car park, swimming pool but have been designed ergonomically to minimize wastage.

The retail sector has also affirmed development in the true sense of the term. The area is dotted with utility services like banks, schools, restaurants as well as shopping malls. Vashi has malls like Inorbit Mall and Raghuleela Mall. Construction of malls has already begun in areas like Nerul and Khargar.

From an undeveloped stretch of land to one of the most preferred and fast developing real estate destinations in and around Mumbai, Navi Mumbai has come a long way. More than the price band, what is attracting end-users to the new township is the quality of life it has to offer. With increasing demand for property, Navi Mumbai is slated to emerge as the most expensive residential location among Mumbai suburbs by 2016 as per the research conducted by a firm Liases Foras in its project titled ‘Future Outlook of Real Estate in Mumbai Metropolitan Region’.

Should You Add Real Estate to Your Investment Portfolio?

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One of the best ways to add value to any investment portfolio is to include a real estate component. However, most investors don’t understand this type of strategy and this fear prevents them from acting upon this sound investment opportunity. It doesn’t matter if the portfolio is based upon making money in the short term or long term, including a real estate property can be the ideal addition.

Investing In Commercial Property

Perhaps the most ideal type of real estate is the commercial variety. Tenants keep cash flow going through either monthly or quarterly payments, making it easy to realize short terms gains. Once the asset is sold off, then long term capitals gains can be realized. The question in most investors mind is how commercial real estate differs from the more common residential type. The simple answer is that they aren’t different at all. What actually separates the two is the definition of the terms.

Residential Short And Long Term Gains

In order to clarify the two, the types of gains should be examined. When qualifying for a residential loan, the borrower’s credit rating along with the area comparables are the qualification factors. Thus interest rates are inversely proportional to the credit rating of the borrower. And the loan is also repaid by the borrower. The borrower is also responsible to make sure that mortgage payments are made even if there are no renters at that time. These amounts are determined primarily by the value of similar properties in the same area.

Commercial Property Loans

With a commercial property, it is actually the asset that makes the loan possible and also repays it. This is based upon a formula called net operating income (NOI) that is equal to the value of the property. It is calculated upon the income after all of the operating expenses have been deducted, but before the interest and taxes are taken off. So if there is a vacancy in the property, operating expenses are included in the property assets. This also means that qualifying and repaying a commercial loan is based primarily upon the NOI. So the loan is qualified for and repaid by the asset itself.

Commercial Property Appreciation

There are also long term gains to be examined. With a residential property, the value is calculated by the surrounding properties, so capital gains are market driven for the most part and will not be heavily influenced by any upgrades the owner has made to the asset. This has been a factor in the declining real estate values in the residential home market. With a commercial property, this is not true. Forced appreciation is entirely possible here since the valuation is based for the most part on the NOI. While commercial real estate is still influenced by the comparables of the surrounding area, it is also measured by the capitalization rate which is simply the difference between the NOI and its value. So a property that generates more revenue will be worth more money. Therefore, any improvements made by the owner of a commercial property can help to influence the amount of revenue that is generated and consequently increase the appreciation. With a residential property, this is just not possible. This is true because a residential property is compared to the buildings in the immediate vicinity.

Summary

A commercial real estate investment can be a great addition to any portfolio. Short and long terms gains can be garnered in this manner and they are more secure than a residential investment. In addition appreciation can be forced through improvements to the property, making this a smart investment.