February 25, 2015

How to Purchase a Home Even if You Have Bad Credit

It’s a great time to buy a home! Prices are good, interest rates are low…oh, wait. Your credit sucks. Too bad.

Not so fast! There are ways to buy a home, even if you can’t qualify for a conventional bank loans. There are at least four purchasing methods to be considered if you don’t want to spend the next 24 months clearing up your credit in hopes of qualifying for a home loan.

First, there are bad credit home loans, called subprime loans. In this type of purchase, the mortgage holder charges exorbitant interest rates, payments will be high, and terms will not be favorable. The government set strict limits on this type of loan after the 2008 housing crisis. You must be able to show an adequate income to qualify. This option should be considered only if you don’t find another means to homeownership.

Next, look for a lease purchase home, in which you work with the homeowner for one to two years, paying rent, until you can qualify for a loan. The owner will apply a portion of your rent toward the down payment, but if you go this route, be sure to work with a real estate attorney to ensure you understand all the terms of a lease purchase contract. You and the owner will have to work out all the details, such as who is responsible for repairs, taxes, and insurance during the lease purchase period.

If you have a good down payment, say $10,000, you may find a home that is owner financed. Be sure the details are covered, such as going through escrow so the home is in your name and seek the advice of an attorney. Once your credit has recovered, you can look for a conventional loan.

A good option is to find a home that qualifies for an FHA loan. Your credit doesn’t have be good, but you must have at least 3% down and an income that qualifies. FHA requires that your debt to income ratio, including the proposed house payment, not exceed 40.35% of your income. These loans offer interest rates comparable to a conventional loan. This is a very attractive program for first time home buyers, and young people recently out of school.

The American dream of homeownership is not out of reach just because your credit sucks. Start the process today by working with a real estate agent to what kind of programs you might qualify for. Your dream can come true!

For more home design tips and tricks, visit Modernize.com.

February 24, 2015

All about Corporate Housing

When it comes to staying abroad or out of town for business travels, or vacations staying in hotels is not as good an option as corporate housing. Hotels can't offer you all the benefits a corporate housing can. Also termed as corporate apartments or temporary housing, they are fully furnished accommodations for short stays with kitchen appliances, television, washing machine, telephone services, laundry and access to local amenities. Some also provide a scheduled housekeeping service for the clients. The whole stay is cheaper and homier than a stay of the same duration in a hotel.

Houses, apartments and condos are all larger than hotel suits; they will ensure you enough privacy, comfort and pleasure. For those people who are planning to stay on for more than a month or even a year, will find this option to be very expedient and cost effective. With a wide range of varied options available you can select any type of stay, be it luxurious or economic stays. You will be free to use the place for parties and family gathering as well. In case you do not want to use the furniture, you may also opt for houses otherwise. If your company is paying you for your stay, you may prefer to buy your own furniture or rent some. It is always easier and more suitable to use a furnished apartment than renting or buying.

How to select the best corporate housing?

It is always important to do a background check before depending completely on the corporate housing provider. Always find out whether they have parking facilities, pool, and storage areas. Also detect the proximity of the area to the market and the availability of local transport nearby. In case you smoke, inquire about the possibility from your corporate house provider, since these days many places are restricted to smoking.

•    Plan your budget.
•    Choose the locality you want to move to.
•    Check for special facilities that they promise to provide.
•    Check for the security in the region.
•    Find out the proximity of the place from hospitals, market Places and you office.
•    Keep a check on the weekly expenses and decide on the duration accordingly.

It is also important to keep a check on the services of the hospitality management company. Do visit their website and go through the customer feedbacks, to find out their satisfaction level. If you have been suggested a company by an acquaintance, do make sure he or she is providing you with apt information regarding the corporate housing facilities.

About Author: Jack Smith is a Professional blogger and a Real Estate enthusiast. Currently he is working as a consultant at Optimus Corporate Housing Apartments Texas http://optimuscorporatehousing.com/

Top Benefits of Waterproofing your Basement

Making home improvements is a great way to improve your home but when we think of home improvements, many of us don’t think about doing the less than glamorous job of waterproofing our basement! However, this is an important job to do and while it might not be as much fun as installing new kitchen cabinets, it is something that needs to be done. It can help you to avoid a whole stack of problems such as mould and standing water, and waterproofing your basement needs to be part of your regular maintenance plan, especially if you own an older property.

Let’s take a look at the top benefits of waterproofing a basement:

1.    It Will Increase your Space

The basement can be used for more than just storing junk and as it covers a large area, it’s a waste not to use it as another room rather than just treat it like a musty storage space. After waterproofing it properly, you can create an extra bedroom, a laundry room, a study or a living space and this will also add to the value of your property when you decide to sell.

2.    Create a Healthy Environment

Mould can be harmful to your health and the growth of potentially toxic substances, such as mould, can be avoided if you waterproof a room properly. Mould can grow quickly and it will invade the air that you breathe, which can be hazardous to your health. Black mould is particularly dangerous and it can grow within a short period of time in as little as 48 hours, which can be avoided if you implement the recommended waterproofing solutions. Continual mould growth in a basement will eventually have a negative effect on the rest of the house, and the sooner you waterproof the room, the better.

3.    Improve Energy Efficiency

By sealing cracks, you will not only stop damp from coming into the basement but it will also reduce your energy bills, as it will prevent the following:

•    Cold air from coming in
•    Cooling drafts from drifting around
•    Hot air from affecting things such as the air conditioning 

Whether you want to keep the cold winter air out, the moisture during the wet months out or stop excess heat from entering the house and making your air conditioner work harder, waterproofing a basement will have a massive impact on how energy efficient your home is.

4.    Give you Peace of Mind

The only thing worse than having a problem with your home is worrying that you might! If you are concerned about leaks every time a heavy rain storm comes your way, why not pre-empt the problem and waterproof the area, so instead of reaching for a mop, you can sit back and relax?

Waterproofing every room in your home is important, and you will need to remember that the basement also requires some tender loving care if you want to protect your investment.

How to Furnish your Home with Modern Furniture

If you take pride in your home and you enjoy furnishing it with modern décor, then you might want to invest in some designer bean-filled bags. They give your home a unique edge and appearance, and they can be used both outside and inside. The great thing about using bags like this is that they not only have a fun and contemporary feel to them, but they are also really comfortable and everyone from the pet dog to your kids will love sitting on them.

Here are some ideas about how you can use these bags to furnish a modern home:


Decorating the interior of a property can be lots of fun but it will require you to have an eye for detail. By using a bean bag in a room, you will add a contemporary look to it and they come in a wide range of designs including:

  • Flat and circular, if you want to sit straight rather than lounge
  • Featuring a back rest and arms, to create a comfortable chair
  • With a foot stall to help you to relax

An entire living room space can be created by using a variety of bean bags and they can be used as an alternative to lounge chairs in a conservatory or in place of a sofa or armchairs in a living room.

You can choose between different styles as well as a range of colours, and this will help you to create a seating area with a design and look that works well with the rest of your home. They can be used as an accessory or as your primary furniture and while they work particularly well in bedrooms, they also look great in a front room or conservatory.


Don’t forget to add a touch of modernity to the exterior of your home as well as the interior. Keeping the outside looking fresh and innovative is important, as the outside space will complement the inside of your home.

Here are some common types of bags that can be used outside:
  • Sun lounger style
  • Armchair style
  • Ottoman style
  • Lounger style
  • Daybed style

They can work well in a garden area or around a swimming pool and if you are lucky enough to have a space to barbecue, these bags can be a great way to sit back and relax while waiting for your burgers to cook.

As well as using them in place of regular furniture, they can also be used for other purposes such as:
  • For a garden party 
  • In a specific lounge area (either inside or out) 
  • By children 
  • By your pets

Pets love to sleep on something comfortable, just as us humans do, and you can buy bags that have been specifically made to withstand the pressure of dog and cat claws, which make for the perfect modern alternative to a regular pet bed. Think outside of the box and you will find it easy to decorate a modern home with the odd bean bag or two.

February 16, 2015

The Advantages And Disadvantages Of Holding A Home Open

For some reasons, time has come for you to sell your home. Should you consider opening your house to interested buyers as part of your selling strategy? Know the following advantages and disadvantages of holding a home open before deciding to push through with your plan



Your property is exposed to a wider audience giving you bigger chance of finding a good buyer. You are not only attracting buyers but also agents or brokers who can give you advice on how to sell your house fast at the right price.

Prospective buyers will be able to see it firsthand. While you can take photographs and advertise your house in different offline and online media, client will be more pleased to see what they will be investing at real time. All their enquiries will be answered at once.

You will be getting feedback from visitors. Feedbacks are important as they will help you make necessary changes to increase the saleability and value of your house.


Security of your home is the top risk here. Because it is open to all, it is most likely that things get damaged and lost. It would be difficult to monitor all the strange visitors roaming around your house. You would be sorry if you forgot to keep your valuables to safety.

Expect more curious lookers than serious buyers. There are those who made it a habit to just go casual shopping but without the intention to really buy.

Home open is stressful. Your house for sale should be maintained clean and in good condition. With visitors coming in and out, you have to keep cleaning too.

 Real estate agents are also divided when it comes to answering if open house is effective. A better approach perhaps is to assess interested buyers, set appointment and schedule private viewings.

About the Author:
Oliver Finney is a real estate enthusiast and a writer. He frequently writes are articles about real estate which can help home owners, buyers and sellers to find the ideal home solution they need. He shares this resource http://reiwa.com.au/Information/Sellers/Are-home-opens-effective-/

February 10, 2015

Sausalito –dream destination for real estate investment

Sausalito, a waterfront city has been an inspirational resort to artists, several poets as well as writers while also being a favorite destination for tourists. However, what drew tourists to this city also drew dwellers and hence many a real estate opportunities. Its magnificent views and a wonderful climate make it a desired city to live in. In addition, the city is full of interesting things to do and there is something of interest for everyone. According to the best realtors Sausalito, the city’s diverse and interesting attributes are what draws more people to buy or rent homes here.

Floating homes of Sausalito

Sausalito has quite a few tailor made homes that have been designed by some renowned architects but the city is mainly known for the floating homes built on several marinas owned privately. These pieces of real estate vary between comfy cottages to sophisticated floating mansions. They first served as holiday retreats but may have evolved as homes for several artists who moved to this beachfront city for inspiration.

Traditional homes of Sausalito

Those who may not be fond of the floating homes, California best realtor Sausalito may be able to offer you some great options on traditional homes. This real estate may range from tasteful condominiums to custom homes resting on top of the hillside. In fact, those of you who are interested in buying a house that overlooks some nature, Sausalito realtors may be able to offer to show you homes on the Wolfback Ridge area that have expansive views of the surrounding natural beauty. Buying a home in this city, could be expensive especially if you want one with a view. However, buyers find it worth to spend as much money owing to the close proximity to San Francisco and the great architecture, not to mention the great climate.

Sausalito is an unusual combination of culture as well as physicality located just a small drive over the Golden Gate Bridge. Residents of the city have built homes on the 1.9 square miles of land and have contributed to the varied as well as intense culture of the city. Michael Larrings, a real estate agent Sausalito says that he has helped a lot of people find their dream homes in the city. “I am not surprised people want to come here and never leave. Mostly people in their 30s come here for work and then finally settle down. Since people want to settle here, it may not always be very easy for Sausalito realtors to find a suitable home for everyone who wants to buy or rent since there may be a little lack in availability. A single family home may cost you no less than a million dollars while the houseboats may run you on an average of $600, 000 and additional dock fees.

On an average, you may find around 60 to 70 homes ready for a price of approximately one million dollars on a home listing website with any Sausalito best realtor. There are also other expensive properties like duplexes as well as triplexes both for rent as well as sale.

Is Taking Up A Tiny Home The Right Choice For You?

The rise in popularity of tiny houses is creating a stir in the real estate market. But be forewarned; a tiny home is not everyones cup of tea since it involves all sorts of space related adjustments.  Read on to discover some information that might help you figure out if tiny house is the right choice for you.

A tiny home is one that is complete with bedrooms, kitchen, bathrooms, and living area, all within a 90 square foot space. Another variant of this, is the home on wheels, also known as an RV. But tiny homes aren’t for everyone. Answer the following questions to know whether a tiny home is the right choice for you.

Is Reputation That Important?

Most people in the world like to showcase their success by building larger homes, buying fancy cars, or by just owning affluent possessions. There are other people who are content with just being who they are, successful or not, and living in compact spaces that is convenient and comfortable. If you identify yourself to be part of the latter, get that tiny home now!

Do You Need A Change?

Are you stuck in a rut? Do you need something new in your life? In such cases, tiny home comes to the rescue as it provides a decent escape from the routine life, while providing all the necessary comforts of a real home. Living in a tiny home can also be challenging, but can work wonders in getting you out of your funk.

Feeling Adventurous?

People who believe in jumping head-on into new things in life will really appreciate the concept of tiny homes. Living in a crammed space is clearly not for everyone, but for some people, especially youngsters having that adventurous streak, will make this challenge a lot more thrilling. If you are one of them, definitely go for it.

Too Much Stuff Cluttering Your Life?

Some people have a habit of scattering their possessions around the house. This can be a problem when all your belongings keeps piling on, and you don’t know what to do with them. A simple solution is shifting to a smaller house, which will not only limit your clutter, but probably teach you how to live a cleaner life.

Are You Concerned About The Environment?

While this a really pointless question as all of us should be concerned about the environment, most of us are not. If you are one of the smart few, then you will be happy to know that by moving into a tiny house, you are contributing to environmental protection. How so? Well, tiny homes obviously take up less space, which means lesser trees will have to be uprooted to make space for your accommodation.

Tiny homes are the new ‘in’ things, and have created a buzz in the real estate market. If you deem yourself fit to try this new way of life, go ahead, and experience the change!

Janvi Singhal is an article writer, currently working at Commonfloor.She writes on topics related to Real Estate,Properties in India,Home Decor,Home Loans and provide insights on the latest residential projects.

15 Home Buying Tips for 2015

Buying a house can be a daunting task, but this should not be the case. Here are some essential tips to make the process easier and stress-free for you.

1) Think long term. Don’t even think of buying a house if you have no plans of staying in it for 5 years or more.
2) Know what you can afford. It is useless pining over a house or condo that you cannot pay for. Use a home loan calculator to determine whether you are financially ready or not.
3) Determine payment options. Familiarize yourself with various loan options. Options vary from one banking institution to another.
4) Obtain a pre-approval. A pre-approval is a proof that you are a serious home buyer. Banks take note of this.

5) Save for a down payment. A down payment can be between 10 and 30% of the total purchase price. So, again, make sure that you have enough savings to pay for it.
6) Hire a broker. Real estate brokers will be a big help when it comes to negotiation since they have established relationships with the developers and financial institutions.
7) Find a location. The location is the most important factor that affect any other factors when buying a property.
8) Leverage the Internet. There are hundreds of property portals online where you can find just the right house for you and your family.
9) Create a shortlist. List down 3 to 5 (at most) properties that have the amenities that you want in a house.
10) Ask questions. Newspapers and websites are a good source of information and so is your broker. Write down your questions and pay attention to the answers when you visit the properties.
11) Take photos. Upon visiting the properties, document the features of the house.
12) Round the neighborhood. Don’t forget to talk to your future neighbors. Ask them what it feels like living in such community.
13) Consult professionals. If you have no eye for details, you can talk to some professionals like a home inspector who can spot maintenance issues. A geodetic engineer can also give information on the hazards of the area that is, whether it is flood-free or not.
14) Determine what goes into the house. During a house visit, the house is usually staged so it will be attractive. Not everything you see will be included when you purchase the house.
15) Consider a second visit. After deciding on which house to buy, pay it a visit once more. Bring a friend with you since he or she can give a fair evaluation of the property.
Remember that there are several pitfalls that home-buying entails. Don’t be a victim by educating yourself with what you really have to learn about the process.

About Author : Jeric is a Filipino blogger and a business enthusiast. Currently writing and blogging about ArcaSouth, a real estate company in the Philippines that markets condominiums in Bonifacio Global City.

February 9, 2015

Great Gardening Ideas: Mulching

Mulching is basically the application of organic or inorganic materials on the soil to protect plants and provide them with nutrition.

It is a great way to prevent the growth of weeds, which are notorious for stealing the nutrients that are meant for your garden plants.

It can also help retain water and maintain a temperature that’s conducive to root growth.

If you’re on a mission to make your home greener, mulching should be one of your objectives.

You can do it anywhere in the garden – from the trees and shrubs to the vegetables and potted plants – throughout the year.

Just keep these simple guidelines in mind:

Spring – Don’t use a heavy layer of mulch to allow the soil to warm up and prevent parasite growth.

Summer – Apply mulch on the soil only when it is moist. Make sure to let rain into the soil before covering it up with mulch.

Autumn – Loosen up the ground before mulching. If you have herbaceous plants, applying mulch is the best way to protect them from the cold weather of the next season. It can also make the soil more fertile for springtime.

You can choose from these different types of mulch:

Organic – Made of plant material, organic mulch eventually degrades into humus and increases soil fertility. Grass clippings and leaves, for example, only take weeks to decay and become part of the soil. Wood chips and bark nuggets, however, can last for years. These durable mulch materials are ideal for trees and other perennial plants.

You can be creative when using organic mulch. In fact, nut shells, cocoa bean hulls and similar food wastes can be added into it.

Artificial – Plastic mulch is widely used, often in the form of a tarp stretched over the soil. Woven cloths and other artificial materials are also used, but since they are not biodegradable and rarely look visually appealing, their organic counterparts are preferred by more people.

Mineral – Perhaps the biggest advantage of mineral mulch is its unlimited lifespan, owing to the fact that it is non-biodegradable. Plus, it can help make the soil warm, making it ideal for heat-tolerant plants. Clay pellets and broken pieces of material are used not only for their thermal properties, but also because they can be used as decorative elements.

Similar to organic mulch, food waste can also be added to mineral mulch.

So how do you set up mulch?

To choose the right mulch for your garden, consider your plants and how long they need to be protected and fed. And remember not to apply mulch if the winds are too strong or the ground is frozen.

Before mulching, water the soil and remove weeds. Mulching may prevent them from growing, but it will not remove them permanently.

Start by spreading a layer of mulch over the soil. Make sure not to cover the neck of the plants between their stems and roots. A good rule of thumb here is to keep the layer three inches thick. But for seedlings, you can start at one inch and add more as the plants develop. This way, they can benefit from it early.

Mulching is an important technique that you should not overlook. Needless to say, even if you have the best nursery supplies, your plants won’t have a good chance of growing healthily if you shy away from it.

Wall Painting Rules For On Sale Property

In a fast growing and competing market or real estate, there are some unwritten rules people go by if they want to increase the percentage of the sale. They say that it would be best if you painted the walls white it will increase the possibility of selling the house faster. However, this rule of thumb does not necessarily mean that if you have white walls the first potential buyer will take it – because people differ and some may like dark walls in other nuances. So we have come up with a list of tips you will find useful when painting before selling your property.

What’s a no-no?
While some think white is the perfect choice, this may come as a shock to them, because the majority of buyers have stated that, according to them, white is the colour to avoid, because it depersonalized the space and makes the property seem like it is without a soul. This is why it would be best if you painted each room in different colour.

Remove your ‘personal touches’

Especially radical touches, such as a screaming red or pink room of your teenager may be frowned upon by potential buyers, so it would be best if you painted them into some neutral shade, like beige or pale yellow in order to increase the  value of your (soon to be ex)home. However, this is not the time for you to express your creativity and be cheap because sometimes strong colours can go through the fresh paint and suddenly you have a stains on your freshly painted wall! To avoid this kind of situation, it would be better if you hired a painting professional to get the job done, because even though you may pay some extra bucks, the money invested will pay trice or even four times once you sell your real estate.

Repaint the bathrooms
Since bathrooms are usually small, you need to achieve the effect of visually enlarging the space, so the right choice would be a light colour, such as yellow or some colour matching the tiles.

Repaint the kitchen

Colours in the kitchen should be bright and connected with family spirit, like orange, yellow and red, which are said to be ‘food-related’. However, make sure you use pale nuances of these colours or some colours which will match the dining table for example.

Repaint the bedrooms and other areas

Since in the bedrooms people are supposed to have a rest, these rooms are those in which you should avoid bright colours. Instead, use neutral colours which may match the floor rugs or the bed. And as for the other rooms, remember that beige tone with a green tint will give off energy thus being the perfect choice for your living room. Extra tip: try colouring your front door into some wild colour, like red or yellow, because this way your house will be remembered by and this may increase the chance for it to sell faster.

Author bio:

 Jenny Hahn is a DIY home repair enthusiast who loves learning new tricks and sharing the ones she already knows. You can find her on Facebook, Google+ and Twitter.