November 24, 2016

The Worst Cities For International Relocations

The Worst Cities For InternationalEvery year, expatriate magazines take a look at the world’s best and worst cities to live in. Unfortunately, the worst cities don’t get to see the light of day and are rarely documented as no one likes to talk about the overpopulated centers, economic unrest, polluted depression, poverty, violence and misery.
According to the Economist Intelligence Unit report, "Factors such as social unrest in many US cities due to the deaths of black people in police custody, tensions in Eastern Europe and Asia and the ongoing civil wars in Ukraine, Syria and Libya have led to greater security concerns and compounded this decline."
In this blog, we are listing down 5 of the worst cities for international relocations. Keep in mind that they are not in any particular order.

Lagos, Nigeria

Battling the fight of limited infrastructure and overpopulation, Lagos, Nigeria is Africa’s 2nd largest city. Due to an inefficient road network and a population that has reached the 15 million mark, both the human and the vehicular traffic can easily get on your nerves. Not the best place to visit or move to at the moment. However, it does hold some hope if these two issues get resolved.

Dhaka, Bangladesh

There are many reasons why Dhaka constantly finds a place in the worst cities to live in list. First, it is insanely overpopulated. Next, it lacks the basic resources, such as electricity, water and gas. Since its inception, it has also suffered due to political unrest which continues to grip the city to this day. The many parts of the government institutions are not functioning properly and even if they do so, the people themselves know little about maintenance.

Port Moresby, Papua New Guinea

Probably the worst of all the cities in the list, Port Moresby in Papua New Guinea is indeed a place which is not suitable to live in. Why do we think so? Because of the ever-rising crime rate where carjacking and sexual assaults are relatively common, it is not hard to imagine why it is on every list. A corrupt government, unhelpful security departments, local gang violence and limited infrastructure are just a few of the many reasons why Port Moresby struggles to shed this tag. But, as with the other cities on the list, there is still hope. Despite all the evils, it is also the country’s biggest economy and the poverty rates are decreasing. It may be safe to avoid it now but who knows; in the coming decades, it could find a place in the most livable cities of the world.

Detroit, Michigan

There was a time when Detroit was home to the USA’s automotive industry. Every automobile manufacturer celebrated on seizing a place in the city. For decades, it had remained the hub for manufacturing thousands of vehicles every week. However, when America met its biggest automotive failure, the city lost all its charm and grace.
Breeding violence, the city soon became one of the most unpleasant cities to live in all of America. Property prices fell and people started to relocate. The only ones who remained were the ones who had no place else to go.

Linfen, China

It may seem surprising to find a city of China in the list but Linfen has its own issues to deal with. Every day begins and ends with smog, soot and smoke. To quote, it has been established that every native breathes in more toxic substances than a chain smoker on a daily basis. Being an industrial area with a population of about 4 million residents, in Linfen, the most common viruses and conditions include asthma and other pollution-triggered diseases which are the reasons that make it one of the most unlivable countries to move to.

Cities Which Are Just as Bad as These:

  • Karachi, Pakistan
  • Algiers, Algeria
  • Harare, Zimbabwe
  • Tripoli, Libya
  • Damascus, Syria
  • Douala, Cameroon

November 18, 2016

Find Nearby ATM With Cash

Demonetization has lead the people to a huge problem in finding an ATM with cash. This has strike a start-up to come with a solution. a technology start-up has launched a website named to help users locate the nearest ATM with cash.

Find Nearby ATM With Cash
Users can locate ATM with Cash based on their location or they can search the ATMs providing their location. The site uses Google Maps to locate ATMS and crowdsourced information from users on the availability of cash at the ATMs.

Users can find nearby ATM's on Map with address, distance, direction, route. Users can get the status, whether the ATM has CASH, or NO CASH or it's too crowded based on User feedback. Users can also find what kind of currency notes available based on User feedback, Users can comment or discuss in the site.

The site is designed with mobile users in mind, yes it's mobile friendly responsive design will help the mobile users too.

This brilliant solution was created to help the users in mind to get their cash from ATM in hassle freeway.

November 17, 2016

Sell Your Property Yourself: To Do List

It’s true that real estate agents have the expertise and connections to sell your home better; but if you are thinking twice about the extortionist fees that they charge, you’re better off selling your property on your own. 
Sell Your Property Yourself

Of course you do not have the knowledge or expertise to undertake the entire process like a professional, but there’s no rocket science in it that would make the job impossible. Here’s a list of things you need to focus on when you decide to sell your property yourself.

  1. Upgrade your property for sale. If you can’t think complete renovation of bathrooms and kitchens, just replace the damaged elements. A fresh coat of paint goes a long way. Beautify your entrance and hire a property stylist to bring out the best in your property.
  2. Price the property and obtain a listing. Research the market values of similar homes in the neighbourhood before setting a price for your property. Try not to overprice it. Obtain a real estate listing in your state for your property. You would be charged a small fee to get it listed, but once that’s done, your property would be reaching out to a larger market.
  3. Promote your property. After gaining a listing, make sure you spend time and resources on marketing the property. Write a unique description of your property and support it with proper photos and a floor plan (get them professionally done for greater impact). You could spread the word through social media and even friends and family. 
  4. Conduct open houses. You’ll be contacted by multiple buyers once you begin promoting your house. It is the photographs that will initially attract them; but interested buyers would need further inspection. Decide a day and call these interested buyers in for an open house. Make sure your house is spick and span and in its best condition. Have the buyers take a look around. Know the selling points of your house and be sure to highlight them as and when the situation requires.
  5. Negotiate. Open house sessions lead to offers by the buyers. This is where the negotiations begin. Before shortlisting your buyers do a quick background check and get to know how they plan to finance the purchase. When negotiating don’t give in to intimidation. Decide how much of the quoted price you’re willing to let go and stick to it.
  6. The final formalities. When you have the offer you like, go ahead and accept it. Draft an agreement of sale and have all the terms and conditions penned down. Nothing gets finalized unless the contract is signed by both parties, so take your time to draft the document. For the remaining legal formalities, hire the services of a property lawyer who knows his way around the business. Make sure you hire someone credible.
Follow this list and there isn’t a chance that you’ll miss out on any of these important tasks. It’s time to get down to business and sell your house without an agent!

November 15, 2016

How To Easily Rent Out Your Property Without An Agent

Property Without An AgentWe totally understand if you don’t wish to involve an agent in your rental dealings. Why would you anyway, when you can do everything on your own and keep the returns (in full) to yourself. Agents eat up a chunk of the monthly rental incomes your property earns and even though they do provide you with legitimate convenience and ease, they aren’t really doing anything you can’t manage on your own.

Need to know how to rent your property all by yourself? Read on! 

Prep Your House

Just like you have to make sure your house is in or at least appears to be in excellent condition when putting it up for sale; you have to similarly prepare your house for renting it out. Here are a few quick fixes that can help:

  • A fresh coat of paint on the inside and outside of the premises. Don’t forget to give the entrance door a touch up.
  • Fix the leaks and replace the damage.
  • Get your HVAC systems cleaned.
  • Style your home well and make sure it’s clean, free from bad odour, and well maintained. 

Decide on the Rent Amount

Get into your research mode. Look for similar houses on rent around the neighbourhood. Get an idea of the current market rental value of your house. If there aren’t any properties on rent in your vicinity, check online for similar properties, get an idea of the price differences between that locality and your area and come up with an estimated rental amount. 

Find the Tenants

Finding tenants is all about promoting your business right. Hit your social media channels or spread the word through colleagues, friends, and family. You can also list your property at the local listing websites that provide wider coverage to your rental property. Also, you can access one of the various lease by owner websites that strictly promote non agent-assisted properties up for rent and are frequently accessed by potential tenants who do not want agent involvement in their transactions. Whichever mode you select, make sure you have pictures that are appealing enough to compel tenants into considering your property. 

The Legal Formalities

Make sure you abide by all the laws and requirements of renting out property in your state. These may differ from one state to another. Local real estate agents in most cases are aware of these legalities and make it a point to take care of them on the client’s behalf. Since you’re on your own, do check in on any certifications or permissions that you may require for renting your property.

We wouldn’t say that letting your property on your own without an agent is an easy job – but it’s not impossible either. You just need to make sure you have all your bases covered before hitting it home. The legal aspect may be a slight hassle in the process but you can always hire the services of a solicitor to manage that on your behalf. 

Also, this might be a good time to learn as much as you can about efficiently managing your rental property without an agent.

How Demonetization Will Help Curb Black Money Menace in India?

Black Money Menace in IndiaAs everyone knows, fake money in higher denominations is in wide circulation in the Indian market. These notes look genuine and can easily pass off for the real currency. Moreover, terrorist activities and other anti-national/illegal activities are largely funded by printing of fake currency as well as black money. By demonetizing the higher value notes, the government hopes to shut the funding of terrorist operations as well as the parallel ‘black’ underground economy by rendering these notes useless. 

Since it is easier to store huge amounts of black money in high denomination notes rather than smaller notes, most black money is kept in Rs. 1000 and Rs. 500 currency notes. For instance, it takes far less space and time to store Rs 10 crore in Rs. 1000 notes, than in Rs 100 notes. By making those high value notes illegal, the demonetization move will strike at those who produce or hoard fake currency or black money since most of their illegal money will be in these notes.  

When no tax is paid on a large proportion of the money circulating in the country, the government is deprived of funds to carry out its activities –whether it is funding much needed infrastructure in terms of roads or railways, healthcare, education, defence or any number of essential functions. Now no Indian can escape paying tax while leaving honest tax payers to bear the brunt of building the nation.

People hoarding black money in these high denominations have found that their cash is useless as of midnight of November 8th 2016. The restrictions on the amount of high value notes you can exchange or deposit means that these hoarders can only change a miniscule fraction of their black money. They cannot approach the bank to convert it, as they would have to account for it. The cash hoarded in black has literally turned to ash, as instances of cash being burnt, or thrown away continue to come in the limelight. They cannot invest, or otherwise spend the money in any legal way. All cash deposits in a bank account will be linked to the IT department.

India is a largely cash-based economy, and much of the general populace has had to deal with inconveniences due to the overnight ban. However, while these inconveniences will be temporary, the positive impact it will have on the economy and on the rule of law will have a permanent and transformational effect.

November 4, 2016

6 Tips For Buying Your Dream Home in the Cayman Islands

Are you looking to buy your dream home in the Cayman Islands? Keep these tips in mind and make your decision a good one.
Cayman Island

1. You don't have to own home: There is a significant question whether owning a home for you is good for your circumstances or not. Some people tells you that paying rent is losing money, but there are many advantages to renting, especially if you move around a lot.

2. Don't stick to anybody's advice: As soon as you state that you're looking to buy property in the Cayman Islands, you can expect your family and friends to come out of the woodwork with all their honourable advice. Remember these may have been true in their case, but it is necessary that it will be same in your case.

3. Work with skilled professionals: Hire a licensed and expert home inspector who can help find to pinpoint any problems that could end up growing costly repairs. To avoid such conflict, make sure your lawyer is not also serving the seller.

4. Negotiate at your best: You can use a real estate agent to do the negotiating for you, but you cannot be sure how hard they must push for you. As a buyer, you feel in control, and you should have nothing to lose through strong negotiation.

5. Don't feel pressured: Real estate agents are expert and trained. They may get you to rush over to the 'perfect' property and advise you to make a deal before someone else steals it up. If you ever feel rushed, then back away and don't take any decision.

6. Select an intelligent agent: Prepare questions in advance for your meeting. Find out about their experience, the number of buyers they represent and know if they can share any references. Speak to different agents before settling with one.

Author Bio:
Sasha White is one of the most experienced real estate agents. My passion for writing about the real estate issues makes me amazing in my work. I have extensive experience in working with renowned real estate companies and Ashmore Alexander the best Cayman Island real estate company.