Many people fail to see that skills fade, but assets are forever. They don’t know their entire financial education in their lives is completely WRONG! Too many people believe that a good job, good skills, and a positive attitude will make them great wealth. The problem is that it just doesn’t work that way. People … Read more
A homeowner who is able to sell a property at the asking price has the potential to reap a profit, but what happens when an individual is having trouble unloading a property? In this case, it might make more sense for the homeowner to keep the home, but rent it out to cover the bills. … Read more
In a previous article, we’ve talked about the pros and cons of purchasing a property in cash versus applying for a home loan. Home loans work the same way as any other loan does. The lender (the bank, as is often the case) charges an amount of interest and the borrower pays the money back … Read more
Do you feel like being a property investor? Or perhaps you would just like to buy property knowing you made the right choice. The thought of buying a new house could feel like a daunting undertaking when you’re not entirely sure what to ask and read up on. Seasoned buyers tend to have a very … Read more
What do you do with a property you own that you’re no longer using? Sell it? Or rent it? Here’s a quick and simple rundown on how to decide. Let’s say your house is already paid for and you’re thinking of moving to a new one. What do you do with the property you’re no … Read more
Buying a home at auction can be very exciting. You might pick one up for less than the maximum price you’ve set yourself. But beware of the pitfalls. Here are the five golden rules to follow before sticking your hand up in the auction room. Shop around first There are literally thousands of properties going … Read more
In a typical home purchase, the sale takes place shortly after the offer has been accepted, and the transaction is completed at closing. Since most buyers don’t have the money to pay cash, a mortgage is usually used to finance the purchase: The buyer puts down a certain percentage of the purchase price (the down … Read more
When you’re new to the renting game, it can often feel overwhelming, confusing and even a tad scary at times. No need to worry though; we believe there are just five simple steps that need to be followed in order for you to rent with confidence and without worry. Step One Don’t waste precious time … Read more
Home improvements are one of the top reasons why people apply for a loan. After all, home renovations can be very expensive, but they can also add real value to the home, so they’re worth paying for over a period of time. That being said, grabbing the biggest loan that you can and splurging it … Read more
In Malaysia, it is normal to expect 90% LTV ratio for a residential mortgage loan (more commonly known as a housing loan). But Bank Negara closely regulates the LTV ratios for residential mortgage loans to prevent uncontrolled speculation. If a person has 2 or more existing residential mortgage loans, LTV is capped at 70% for … Read more
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