Showing posts with label Family. Show all posts
Showing posts with label Family. Show all posts

Wednesday, January 11, 2012

How To Reduce Stress When Moving



Moving can be found near the top of the list of one of life's biggest stress-inducers. We all hate it: the last-minute rush to pack your possessions into boxes; the dread that you won't remember the "safe" place where you put your valuables; the inevitable breakage and leakage.

But moving doesn't have to be a reason for your blood pressure to rise. Follow these tips if you want to have a low-stress move.

You need to plan strategically. Yes, logistics is one of the things you should think about before the day you move. Stuff you need daily, stuff you need access to weekly or monthly and stuff for long-term storage are the three mental piles you need to make when you make an inventory of your possessions.

Make sure to label logically. Based on the three categories above, mark every box A, B, or C. Include the month and year and a note as to the contents. If they are fragile, then label them as fragile.

Packing carefully. Instead of using newspaper, try using bubble wrap or foam wrap. Don't overpack or underpack, and use protective tape and lots of padding for framed pieces and other artwork. Flammables can easily overheat and explode which is why you should avoid packing them.

Also, place irreplaceable items such as photos, legal documents and jewelry in a special box to take with you separately during the move.

Make sure you move smartly. First, move desks, bookcases, cabinets, and utility shelves. By doing this, you will have somewhere you can put the stuff you unpack.

Unpack the "A" boxes immediately. The special box you brought separately is included here. The "B" boxes can be placed in the appropriate room and deal with them the following weekend. Stick all the "C" boxes in the garage, a back room or just in a corner. You can deal with them later.

Get help. You might consider seeking help from a packing and shipping center if you are feeling overwhelmed. After all, to minimize the risk of damage, the pros do know how to safely pack or crate your precious heirlooms, artwork and furniture.

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Tuesday, December 27, 2011

How To Sell In A Buyer's Market



Experts tell us that it's not a seller's market anymore. This doesn't mean that it will be hard to sell, but you might need to make the extra effort to get your house to move faster. Here's how you can sell your house in a shorter period of time.


Sell for a reasonable price. Nowadays, buyers are more cautious where they invest their money. They wan to know that what they are choosing is right. Be practical and choose a price that reflects the current market, not the market six months ago.


First Tip. Sell your house at a price at or below the competitive market price. So if the neighbours are selling for $400,000, sell your house for about $395,000.


Provide a little extra. Offer an incentive so you can attract buyers. Gone are the days when people are willing to pay more for less. This means buyers want to make sure they get their money's worth. You can make them feel like they are getting a good deal.


Tip #2. You can offer to pay the buyer's closing costs as a perk of the sale. Or you could be flexible with the length of escrow and be willing to fix items in the house inspection report.


Make things pretty. Spending a little money to improve the appearance of your house can work magic when it comes to attracting a buyer.


Tip #3. Fix that wobbly doorknob, plant a new flowerbed, or put on a fresh coat of paint to give your house a fresh and new appearance.


Don't forget to clean. You must make sure the house would be clean and pleasing. Remember that they are most likely going to be looking in closets, opening the oven door and peeking in showers. You want to show your house in the best possible light.


Tip #4. Clean, dust, scrub, and polish your house to make it shine.


Doing so would help attract buyers to your house. Show a buyer that you are keeping him in mind and that you want to give a fair sale. That can go far in today's real estate market.

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Wednesday, December 21, 2011

Are You Capable Of Earning Big From Real Estate?



There are several shows on television that feature people buying properties and then flipping them after minor repairs. There is no denying this could be a lucrative proposition, but watch one of these television shows and observe how the only value shown is the potential income the house could make for the owners. The shows often leave out when and for how much the home sold for.

Nonetheless a lot of people counted among the world's richest began their careers in real estate. Little wonder why real estate investment is a big hit up to now. But what are some essential things you should know before jumping into real estate?

Understand the concept of market timing.

This means that you need to not only research how market cycles work, but that you need to sit back and watch them for yourself. We don't need to tell you that markets tend to fluctuate on a regular basis. Most successful investors are hardly interested in the whole fix 'n' flip scene which is so popular these days. They simply buy low, sell high - a fundamental concept in the world of investment.

Be conversant on the topic of crunching real estate figures.

You have to have a basic knowledge of the variables that are influencing your bottom line.

Real estate investing is generally divided into four distinct aspects, namely cash flow, appreciation, loan reduction and tax benefits. You need to understand how the four factors work together to produce a rate of return.

Real estate isn't as simplistic as making a profit if the property appreciates. Don't mistake it either as losing money automatically when the market is down.

Be familiar with your locale's economic conditions.

One of the challenges of this industry is being able to think out of the box - consider not just your neighborhood's growth, but also the figures pertaining to your city, state and country. For example, if interest rates are rising, you need to understand that borrowers are being cut out of the market.

The six aspects of economics you must understand are: mortgage interest rates, affordability indices, supply and demand, demographic information, commercial real estate and the job market.

If family time and work time allows, then macro and micro economic classes would comprehensively inform you to a great extent. If one studies macro, it would help the investor in further comprehending the real estate variables that we are powerless to change, such as national recessions and demographic changes, interest rates and even war and political strife. The study of micro would allow one more insight on the local side of real estate, which encompasses areas such as local unemployment, small-scale recessions, supply and demand, newly constructed houses and new houses for sale and new or existing housing vacancies.

If you want to really become a real estate investor, it is important to be informed and educated. Yes indeed, it is a science, and it goes beyond the proletariat, common man charm of simply fixing and flipping for profit. But if you plan to do this as an investment, you need to obtain the necessary education. Otherwise, you are gambling with your money.

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