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How to know if you’re ready for home ownership investment

Purchasing an investment property, especially if it’s your first one may sound like a straightforward matter – but that’s not always the case. So, how would you know if you’re ready for home ownership investment? Experts suggest a couple of key things that you need to have in place before even considering yourself ready to make the big step. You saved up enough cash. If you have a solid amount of cash with you right now and you don’t have pressing financial issues, that’s perhaps the most obvious sign that you’re ready to dive into home investment. A good entry…

Note to Self: Don’t Forget These 5 Annual Home Inspection Spots

Your home is your castle, and castles require a good defense. Of course, rather than marauding hordes of pillagers and plunderers, you have to be vigilant against wear and tear leading to system failures. The good news is you can neutralize these risks early if you pay close attention to these five annual home inspection spots. 1. Electrical The most vulnerable area of your electrical system is the line leading into your home. Trees can obstruct it, winds can damage it and time can simply render its connection to your house unstable. You also want to look for signs of…

Things Which You Must Consider Before Embarking on a House Extension

For anyone who needs some extra space in their home, moving properties would seem like the sensible option. When you scratch beneath the surface however and you consider a volatile housing market and the upheaval of moving home, schools and places of work, moving home entirely to get a little extra space turns into a huge decision. Many people are decided on an alternative option when faced with this proposition however and extending their existing home, something I did myself three years ago. Extending your home has many benefits from adding value to your home and of course adding the…

Things to Think about When Considering an Equity Mortgage

Equity mortgage loans are very popular, for a range of reasons. For instance, someone may have a lot of equity in their home, and wants to use this instead of retirement funds to start a new business or to invest in one. Taking out an equity mortgage loan could be perfect then, because their financial lifestyle won’t need to change, yet they suddenly have a great amount of money to play with. Of course, there are significant disadvantages to these types of loans and it is very important that you speak to a financial expert like Stephen Buzzi before agreeing…

6 Ways to Tell if you Have a Water Leakage

A leak in the plumbing system at home can have disastrous results, especially if a pipe were to rupture, and there are certain things you need to do promptly in order to minimise any damage. Some leaks are not immediately obvious, and it could go unnoticed for weeks, and that is when mould occurs, which is closely followed by costly repair bills. Run a Meter Check – This is how a plumber would initially test for a leak, and it involves turning off all of the faucets and not flushing any toilets or using any appliance that would draw water.…

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