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Mortgage interest rates have started to creep up! There may never be a better time to:

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  • Mortgage Refinancing
  • Purchase a Home
  • Get a Home Equity Loans
  • Get a Equity Line of Credit
  • Consolidate Your Debt
  • Get a Second Mortgage
  • Make a Home Improvements

If your credit rating is less than perfect you can even apply for bad credit loans

Check out our mortgage calculator to see your estimated payment for different loan amounts, interest rates, and terms.

    What's advantage for you:

    Bad Credit Loans If your credit is truly damaged, you may need a "SubPrime" loan. These loans may have higher interest rates, but they can often get you approved when no one else can.
    Refinance Your Home Mortgage Refinancing replaces your existing loan with another lower interest rate loan for the same amount. This can save you tons of money when market interest rates drop 1 or more percentage points lower than your present rate. Refinancing can be used to reduce your interest rate, change the term of your loan, or to consolidate your debts.
    Home Equity Loans With a Home Equity Loan you can use your home as collateral to consolidate bills, make home improvements, buy a new car, plan a vacation, etc. The minimum amount available for a loan is $10,000, but you can borrow as much as $250,000. There are no closing costs or fees associated with the loan.
    Debt Consolidation Signup for a free debt reduction analysis and see how you can save lots of money!
    Second Mortgages If you don't want to refinance your existing first mortgage, but would like to use your home equity for debt consolidation or just to get cash for any purpose.
    Home Improvement The Title I loan is for individuals requiring funds for home improvement, but who have little or no equity in their property or who live in a state where equity loans are very limited. If you have some equity in your home you may want to consider refinancing for your home improvements. Title I loans bear a higher interest rate than other loan types available.
    First Time Home Buyer Loan Generally, a lender will want your monthly mortgage payment to total no more than 29% of your monthly income before taxes and other paycheck deductions are taken out. Use our mortgage calculator to see what will be your monthly payment
       
       

    Take just 5 minutes and find the loan that fits your needs and save thousands of dollars, and best of all it's FREE!

Mortgage Interestrates Blog

How to Manage Your Home and Turn It into a Rental Property?

Rental-Property

It can be a challenge to establish yourself as a property manager in Birmingham while Property management takes skill. But with enough help, you can make money out of this venture in no time.

More people are renting homes at affordable prices. Some even bring their families along or raise theirs in these apartments. It is quite timely for those who can manage to start up a rental business, especially for large structures such as townhouses and condominium units.

Here are some things to consider when you want to manage rental property.

Set the Appropriate Price and Prepare a Listing

Before finding the ideal tenant, setting the right price is a priority. Price selection is another key factor in determining how far you can go in this venture. This requires a calculation of the costs in the maintenance of your unit. Most of the time, this also means taking into account future costs such as repairs and the utilities you will need for the unit.

The monthly mortgage is another factor. A fully furnished unit is something a lot of tenants would like, thus attracting a lot of them, but this means more repairs to consider as the furniture to be set up are part of the cost for maintaining the building.

Some suggestions to consider would be to prepare a clear-cut calculation for the price in case tenants might ask questions as to why it is so. This helps as well when determining what you want to advertise to potential tenants through a listing. Mention specific rooms and their prices, other accommodations, and features, and nearby landmarks so that people are more likely to get attracted to your place.

Maintain the Property’s Integrity

Once you have figured out the price of your rentals, you would need to make certain that the unit your tenants will stay in is not problematic.

Repair what needs repairing before your tenant enters. Property management is all about ensuring that your tenants do not do all the work of maintaining their home.

This is your responsibility as the owner of the unit. Cover the costs. You should also consider upgrading some of the things you have in the unit. In this way, it’s a win-win situation for you and your tenants.

Finding the Right Tenants

Now, this is the part wherein you can start finding tenants. Not all tenants pay equally or on time. So, you would be better off when you find one who keeps his word, takes care of the unit, and pays on time. However, finding the perfect tenant is a trial and error process.

However, while you’re still finding the ideal tenant for you, make sure that you still establish a good rapport with whoever stays in your unit.

To make things easier for you, one useful tip that you can follow is to get tenants who you already personally know. Make sure that they can be trusted to comply with their responsibilities, thus eliminating unwanted troubles. Building a relationship on trust is key to maintain your business, so don’t be afraid to invest a lot of time searching for the ideal clients.


How Windows Increase the Value of Your Home

Windows-Increase

Are you thinking of ways to improve your home’s value? If so, then it’s really easy. Did you know that actually putting windows in your home can already play a major role in enhancing its value? Not only is this easier compared to other enhancing methods, but it also adds significant value to your residence.

If you have a budget of $10,000, you can easily find custom glass shower doors near me and boost the price of your overall house by $8,000. This is because people prefer to buy a house with impressive windows despite the higher price. Why? Well, not only do new and gleaming windows make your home more appealing, but they also have additional advantages. Below are some of these benefits:

Improves Interior Design

No matter how much you spend on renovating your home’s interior design, if the windows are old, it still wouldn’t look posh. So, before anything else, take notice of your windows. Newer windowpanes make your home look modern and fresh, leading to an increase in your property value.

Saves Energy

Do you find yourself incurring high energy costs? This could be because of your HVAC system and windows. Replacing your windows will drastically reduce your energy costs as they will stop the inside air from escaping out and vice versa. This will definitely attract buyers as a cost-effective home is always beneficial in the long run.

Makes the Exterior Attractive

Have you noticed that every time you visit your friend’s home, some of the first things that you’ll see are the windows? This is because windows add dimension to a house’s walls. They magnetize your eyes to them. This is why we should put importance on our windows if we want to leave a good impression, right?

If they’re old, chances are that you’re not going to attract buyers soon. So, as much as you can, maintain your windows. They don’t have to look super fancy. They just need to be presentable and up-to-date if you’re trying to increase the value of your home.   

Enhances Home Durability

Replacing your windows’ glasses will add longevity to your house, which in turn increases its market value. Note that the windowpanes of today can last for 20 to 40 years compared to older versions, so consider switching.

Adds Natural light

One of the regrets home buyers face is buying a house that does not have natural lighting. Today, the majority of potential clients find this home feature attractive. So, when they’re examining your home, expect that they’ll look at your windows.

To increase your chances of scoring a deal and increasing your home value, having more and bigger windows will bring in more natural light. Natural light does not only help reduce your energy costs but will also boost your health, so they’re great investments.

Conclusion

Considering the reasons above, replacing windows will contribute to a significant boost in your house value.  Initially, parting with a cost of like $10,000 might not be impressive to you. But after installing the new windowpanes and glass repair, you will discover how high the impact is to your house. Your home's value will significantly shoot up in the market as more buyers will be more willing to purchase it.


A Guide to Mortage Approval with Marijuana Income

Marijuana-Income

The legalization of recreational marijuana is on the move, but it still hasn’t been applied nationwide. Only a number of states have legalized the use of marijuana for recreational purposes, Because of that leaving it as an illegitimate activity and business at the federal level.

This is despite the fact that the marijuana industry has grown dramatically ever since it has reached a $7.2 million worth market last 2016. Furthermore, according to research, the legal marijuana market will be worth approximately 140 billion US dollars by the year 2025.

Banks and the Marijuana Industry

Self-employed individuals and companies that are involved in the marijuana industry and earns from the cannabis market are having troubles making full agreements with banks when it comes to their loans and mortgages.

This is because the use and marketing of legalized marijuana have not yet been legalized nationwide. Banks are under state laws but at the same time are still under the federal law in which case still defines marijuana use, wholesaling and retailing as illegitimate.

At this moment, while other states are still deciding whether to keep marijuana illegal or in contrary, legal to use and sell, acquirement of loans and mortgages by individuals or businesses will stay as a rough road.

Due to this, a number of marijuana businesses operate only on cash-on-hand basis and depends on the unconventional way of storing large amounts of money in their determined well-secured money vaults.

Mortgage and Loan Approval with Legalized Marijuana Income

Presented with the hindrances to be dealt with when applying for loans or mortgages with income coming from the marijuana business, there still is a way to get approval from banks to provide you with your loan.

Factors to Get an Approval

Residence in a Recreational Marijuana-Friendly State

Before applying for a loan, you must be a resident of a state where recreational marijuana such as CBD oil has been legalized.

This is the first step to earning approval from the bank. Do your own research and determine if you are living in a state where marijuana is legal. State marijuana laws are very specific. There some states that only allow the use of oils, while there are some that prohibit the smoking of marijuana. Moreover, there are some that only allow the medical use of the herb. It is very important to make sure that your business or the company you are working in is operating legally.

Two Years in the Business

In order to have a loan or mortgage accepted with income from the marijuana industry, an individual or company must be at least two years in the business. If this requirement hasn’t been met, then the company must wait to acquire a loan.

For those who are working as employees under a marijuana business, they must be W2 employees before acquiring a loan, meaning that their federal taxes, Medicare, social security, and state taxes are taken out from their salary by the company they are working for.

Proof of Income

This is the easiest part of getting approved. After all the steps above, documents, bills, and bank statements providing proof of your income are requested. This is to make sure that you are able to meet the requirements needed to carry a mortgage loan along the way and that you are able to complete the agreement given the time granted upon.


How to Clean Your Newly Bought Home

Clean-Your-Newly-Bought-Home

There are many things to do after buying a house and before moving in: buying furniture, packing and unpacking, and, of course, house cleaning if you are near San Diego. You may think that house cleaning is a no-brainer since it’s something everyone does almost every day. However, cleaning your new home isn’t like cleaning a house that you have been staying in. It requires more, if anything. So how do you clean a newly bought home?

If your house is newly built, then cleaning it will be so much easier. However, that’s not always the case. There are a lot of people who buy houses that are not new for a number of reasons. If that’s the case, cleaning it can be different and a bit of a challenge.

Here are some tips to help you clean your newly bought home:

Start from the Top

This is especially true when you have a multi-level house. You don’t want to clean the bottom, only to clean it again when all the dirt from the top comes down. Ceilings would be a good place to start. Make sure that all of it is dust-free. If you have ceiling fans, make sure to dust them too.

Kitchen Cleaning

Start with the fridge. Your food can’t wait until the whole house has been cleaned. This is why when cleaning out your kitchen, or the house rather, make sure that your refrigerator is one of the first things to be cleaned. This will allow you to put your perishable inside and avoid wasting food.

After the fridge, you can then proceed to clean the rest of the kitchen. You need to apply the first step as well – top first. Make sure to dust the cabinet tops, lights fixtures, and ceiling fans. After that, clean the appliances including stove, microwave, oven, and such, then continue cleaning the cabinets. Make sure to clean both the inside and out. Just because it can’t be seen doesn’t mean that it’s not important to clean it.

Bathroom Cleaning

This isn’t just like cleaning any other regular room. You need to disinfect the bathroom; again, from top to bottom. Make sure the walls are spotless before scrubbing the bathtub from the inside out. Then, you can move to the toilet wherein you have two options: clean it thoroughly or completely replace it.

Ideally, you want to replace it if it’s not so new anymore. After you have cleaned everything, including the sink (top to bottom), move on to the floor, the floor needs to be disinfected as well. It’s recommended to buy a lot of disinfectants, especially if you have more than one bathroom in the house.

Get On with the Other Rooms

It’s not just sweeping the floor and dusting off the ceiling and walls. Every inch has to be cleaned, so check the windows and doors as well. This way, you can also see which ones need to be repaired. After the sweeping and dusting, wipe them off with even just soap and water.

Conclusion

Aside from doing it from top to bottom, another tip is to start from the most-germ sensitive places. Then, go from inside to outside. Remember, every spot has to be cleaned. Any spot left untouched can cause problems like mold, so be thorough.


Homeowners' Guide: Insurance Claims for Toxic Mold

Insurance-Claims-for-Toxic-Mold

If you ever find mold in your house, don’t rush to find a contractor to clean up the mess and end up parting with a fat paycheck. Some homeowner’s insurance policies might cover the cleanup, and you can put all your focus on filing a lawsuit against the contractor who built the house or the seller.

If the mold is toxic, you should get the compensation you deserve for the health risks you and your family have been exposed to. You should research what your home insurance covers so that you can avoid being ripped off.

Some homeowners may wonder why mold should be such a big deal. To answer that question, there are several different types of molds, some toxic and some completely harmless.

Toxic molds cause some health issues that may lead to severe illnesses depending on the severity and underlying health conditions. Small children are at more risk of being affected by toxic mold.

Effects of Toxic Mold

There are few reported cases of serious illnesses caused by toxic molds. However, according to the CDC (Center for Disease Control), the effects of toxic mold include:

  • Allergic symptoms that resemble hay fever
  • Difficulty breathing, especially for people with chronic respiratory diseases such as asthma or chronic obstructive pulmonary disorder
  • Serious infections from toxic molds for people with immune suppressions

These symptoms can easily be noticed, but long-term effects of toxic mold exposure have not been reported yet. However, CDC confirms that there is significant evidence that exposure of toxic molds to children with predisposed asthma may cause a child to develop full-blown asthma.

Due to this, it is advisable that you rid of any mold infestations even if it is not causing any health issues. Molds infest areas that are mostly exposed to frequent moisture such as leaking pipes, bathroom floors, drains, walls, and areas exposed to rainwater penetration.

If you notice any of the effects mentioned above, go ahead and call your home insurance for investigation and compensation as your homeowner insurance might cover it.

Should a Homeowner’s Insurance Cover Mold Cleanup?

Since the inception of a homeowner’s insurance, mold cleanup has been excluded from the policies. However, decisions from several state courts have prompted many insurance companies to include mold clean up in their policies, especially if the cause of infestation is something covered by the insurance.

The mold must come from a specific cause such as a ruptured pipe which is covered by the homeowner’s insurance. The coverage for most companies is mostly for a specific limit and not an overall coverage of the full amount.

A rider may also help you be compensated for mold infestation by your home insurance policy. Riders cancel out some exclusions and add new terms. He may even include standard exclusions such as mold, fungus, odors, and spores.

Today, many homeowner’s insurance policies cover several types of infestations. However, you should contact your insurance agency just to be sure or add a rider to your home insurance policy so that it can include standard exclusions such as molds.


The Importance of Roofing in the Process of Mortgage Approval

Roofing-in-the-Process-of-Mortgage-Approval

Applying for a mortgage can be a strenuous process. As stated by 5 Star Roofing and Restoration, houses can be used when applying, but there are conditions. For your house to be eligible, it has to be in good condition.  We’re talking about good structure, minimal to one when it comes to damages, location, and even roofing.

Roofing has a lot to do with your chances of getting your mortgage approved. The roof is, after all, one of the most essential parts of the house. Therefore, it is one of the things that appraisers look into when your house is being checked.

What are the things that appraisers consider?

Firstly, a new roof is supposed to have a life of 15 years. However, appraisers are to see whether the roof of the house still has at least two years left or not, seeing as, of course, it’s not a new house.

They also check if your roof has a long durability, even when it’s practically new. Despite your roof making it to fifteen years, give or take, there might still be invisible damages that can lower the value of the house. Let’s say for example, your roof has been standing strong for a good eight years, some people might see that as a win already, but, in reality, it’s no reason to be totally confident. A good-looking roof on the outside doesn’t necessarily mean a strong roof on the inside.

What can you do?

Hire A Professional

We have already established that the outside doesn’t reflect the inside, and that can hurt your chances of getting your mortgage loan approved. That is why before applying for one, you will have to check everything, and yes, that includes the roof. However, just checking it through your naked eyes may not be enough. This is where professional help comes in. You might be thinking that it’s an additional cost, but it’s better than having your mortgage application rejected because of something that you could have fixed.

Buy A New Roof

Let’s say that the professional you hired just told you that your old roof is just not good enough to get you that mortgage. What are your alternatives? Well, you might be thinking that you will get a good roof repair before those appraisers come. That might do the trick. However, it would be better to just get a new roof. Again, you might say, it’s an additional cost. Again, we say that it’s better than risking your mortgage to not get approved.

What are the benefits of having a new roof?

High Chances of Approved Mortgage Loan

Of course, the whole point of getting a new roof is getting your mortgage approved. Your new roof will get the appraisers to tick one of the boxes in their list.

Higher Mortgage Loan

Because the roof is new, it will not only raise your chances of getting that mortgage loan – it will most probably increase the value of your house. All the costs you had to spend would be somehow reimbursed.

The Takeaway

Roofing may not be the first thing buyers look at a house, but it surely is one the first things they check right after taking a good look at it. This is why it’s important to have your roof well-maintained. It is, after all, literally what protects the family’s heads.


Why Does Home Ownership Cause Financial Problems?

Home Ownership Cause Financial Problems

As you grow older, one of the basic necessities that you would want to have is a house, maybe not too fancy or maybe you just want to have a cozy one. It is definitely an advantage to actually own a house. You can decorate it in any manner you want, and you are just free to do anything that you think would make it the best place for you to stay.

However, you need to be aware of the fallback in owning a house. Apparently, home ownership can cause financial problems. You may be enjoying the blissful moments in your abode in a while, but you will realize later on that you actually need some financial advice to get over the hurdles that come with it. Thus, it is important that you know the root of this financial problem that may come with home ownership.

1. Home as an investment.

Most people think of their homes as investments. If you are one of them, then you might enjoy buying accessories for the beautification of your home. Even when those things are not really necessary, you still buy them.

Well, surprise! If you think that you can get more revenue if you spend resources for your home, then you are wrong. Apparently, your home should not be treated as an investment. As you may have realized by now, your home does not give you the profit for the accessories or improvements that you have applied to it. So, it's time to change perspective!

2. Tax and other bills.

Owning a home can also be such a financial drain for you. Imagine, you need to pay for the taxes with tax rates imposed every month or every year just to maintain ownership over it. Some of these bills may include property taxes, maintenance, and insurance, among others.

Here's financial advice for you regarding this matter: take note of the possible additional payments that you need to address as a homeowner.

3. Excessive desires.

As you become a homeowner, you feel the freedom to formulate your choice in making your home the best place to be. And so, you may tend to purchase more things than you actually need. As a result, the interior of your house becomes too crowded with unnecessary accessories. This leads you to a financial disaster.

If you think about it, the more things you want to put inside for decoration, the more expensive it would be to gather the materials that you want for your house. Next thing you know, you are already facing bankruptcy and then you might just regret doing it.

It is not too late for you just yet! You can still get rid of all these threats that lead to financial disaster. You just need to be aware first that these factors exist. Then, you can take the financial advice provided in this article.  This way, you will know what awaits for you when you become a homeowner!

 


How to Increase Your Loan Eligibility

Loan-Eligibility

Loans are very helpful in the way we drive our lives. They can help us from the smallest things to the biggest ones. As helpful as loan sounds, and it really does sound helpful, it is not easy to be eligible for one, albeit the number of people having it. Banks and loan firms don’t just approve all loan applications. There is a process, mobilabonnement test is the part of the process and more than that, there are a number of requirements. Whether you’re simply applying for one of your service provider’s mobile plans or trying to buy a house, loan eligibility is of utmost importance. Now, if you’re set on applying for one, you have to make sure that you have a good enough loan eligibility. If not, then the question is how do you increase it?

Keep A Record of Your Salary

Your salary will be one of the first things banks or loan firms will check. They will have to make sure that you do not only have the capacity to make ends meet, but you also have that extra finances to pay for the loan you’re trying to apply for. If your salary is not high enough, or even when it is but you don’t have a record of it, chances are your loan won’t be approved.

Present Proof of Employment

It will benefit you to prepare and give a copy of your employment record. This will give the banks and loan firms two things: one is that you are actually employed and that you have the capacity to pay, and the second one is for them to see that you have a good employment record and not likely to run out of a job in the foreseeable future.

Declare Assets and Properties

If you have existing properties, declare them to boost your loan eligibility. Some banks and loan firms simply want to see how many properties or assets you have to determine how much loan they can approve of you, while other banks and loan firms require some collateral for your loan. Properties can very much serve as collateral.

Pay And Clear Your Existing Loans

Having a history of an approved loan can play to your advantage as long as that loan has been paid back. The existing loan is a different story. While it may give the banks and loan firms the impression that you have reputable loan eligibility, it may also make them doubtful about your ability to pay off multiple loans at a time. If, for some reason, you have an existing loan that you haven’t paid off or at least you’re not paying up-to-date, clear that first as that will give you almost zero chance to get that new loan.

Declare Bonuses and Benefits

Sometimes, bonuses and benefits can equal your salary, or at least get close to it. This is a good thing as it will increase your capability to pay for the loan you’re applying for. Make sure to declare them as well to up the chances of getting approved.

There are more things that you can do to increase your loan eligibility. It would also be good if you study the bank or loan firm you’re trying to get an approved loan from to educate yourself more about the pros and cons. This may avoid any unfortunate mishaps with the bank or loan firm in the future.


Getting a Business Insurance for Hosting Companies

Business-Insurance-for-Hosting-Companies

Working on a web hosting company means that you work on the ‘invisible’ side of the internet, though it’s not as bad as it seems. This means that you only have to put your mind into working on how to maintain the servers, store numerous files, and host a lot of services that is needed by many people on a regular basis.

However, like normal businesses, web hosting companies like certahosting.co.uk can also be liable to lawsuits and property loss. No matter how small your web hosting company is, it can be so important for other businesses that benefit from it, so if anything goes wrong, you will be responsible for their loss.

The Right Insurance Policy for your Business

No matter how large the risk is for your company, you can still mitigate it and go on without fearing bankruptcy if you know which insurance policy you should get. The following are the recommended insurance policies with the protection a web hosting company needs:

General Liability Insurance

General Liability Insurance offers a core of commercial liability coverage that concentrates on universal concerns. Instances like accidental damage to the property of a client or a guest being hurt while staying on the company premises can be covered by this kind of insurance.

Errors and Omissions Insurance

Even while working on web hosting companies or as a tech professional, there are still chances that you’ll encounter clients making various complaints that will eventually turn into lawsuits. A small misunderstanding, incompatibility issues, and data breach can cost you a lot of money when it heads to court. Thus, you must include Errors and Omissions Insurance to your risk management plan as it will cover you in this kind of instances.

Cyber or Online Liability Insurance

Cyber or Online Liability Insurance has two types, the first-party and the third-party cyber liability. The former helps the business cover the expensive costs due to data breach like advertising and conducting PR movements to reestablish reputation, addressing cyber or online extortion demands, notifying the affected customers or clients about the breach, and credit monitoring services. The latter, conversely, can help you cover costs when your client experience the data breach, then decides to sue your company in order to recover their losses. It can help you in terms of court costs, fees for an attorney, and judgments or settlements.

Business Owner’s Policy

Business Owner’s Policy is very handy for IT professionals because it acts as a safeguard in case an uncertainty occurs. It covers your business both in terms of a liability claim and natural disasters such as a tornado, fire, and even criminal activity that can also damage your property.

Conclusion

Property losses, liability claims, and natural disasters—they can all be unexpected for every business so it’s important to prepare insurance plans beforehand. No matter what business you have, the cost brought by these kinds of events can bring you to bankruptcy so you don’t want to take them for granted.

For web hosting companies, it’s a good thing that there are existing insurance policies dedicated for them to act as their safeguard. With the right insurance policy, you don’t have to worry about the risks that are going to happen anytime.


Movies You Might Want to Watch Before You Decorate Your Home

decorate home theater

If you’re running out of inspiration for your home decoration, you don’t need to worry as you can actually find inspiration in just about anything – even in putlocker movies. So, grab some popcorn and watch one or two of the movies we listed below.

This Is Where I Leave You

Ha-ha! Now I know how the title sounds, and I am not here endorsing this movie, though, the whole set of the movie is a shining star in the dark night for those who are looking for bright and welcoming interiors like typical and simple yet beautiful homes. Give it a shot.

Amélie

So, what is up with this one? Well, it gives a summary about French designs that are mostly focused on color saturation and vintage styles. Not to mention the supreme decorum they have in them. The sets of boudoirs shown in this movie are undoubtedly the finest ones if you are considering for proposals to make your house more and more imaginative.

Beetlejuice

This is for those who are a little more predisposed to avant-garde designs. Are you one of them? If yes, then this movie is best for explaining macabre, gothic color scheming and furniture choices for off-the-wall designs.

Under The Tuscan Sun

What about folks who like Italian villas? No problem! We have just the flick for you. There’s no modest choice for this one. It is, by far, the most relevant and up-to-the-mark movie regarding the sets shown as Italian villas and are perhaps the best ideas you can have off of this.

Eat Pray Love

Exotic designs in this movie are to be seen in every scene but do not fool yourself as there is more than what meets the eye in this movie. The main character travels all across the world, so there are plenty of choices to make.

The Royal Tenenbaums

This movie is nothing less than a full-on meal for your eyes! Each room shown in this movie is the result of a different imagination.

Darkest Hour

Based on the time during WWII, this movie symbolizes the feats of British designs. If you want your home to be full of expensive sparkling marbles, rumbling walls and shining floors. This might be just the movie for you.

Down with Love

This movie features the pink over-the-top apartment of Barbara Nova. You will surely be fascinated by the pretty bright colors and unique sets of furniture in the setting. You will also be left in awe with Barbara’s beautiful rooftop terrace.

500 Days of Summer

If you want to give your space a warm, quirky and inviting effect, then you will surely get inspiration from Summer’s bedroom.

Decorating a house is certainly an exciting task. However, it can also be an exhausting one. Luckily, there’s an endless list of movies that you can watch to get home decoration inspiration. You just need to pick the right movie, and you’re good to go.


Funding Surgeries by Selling Homes

Surgeries by Selling Homes

Today, despite getting medical insurances, there’s no denying that surgery is one of the most expensive procedures in the medical field. Thus, a lot of us find alternatives to lessen the burden of paying the heavy expenses. One of the most common options to alleviate the cost is actually selling your own house to pay off the bills. Here is a recent in-depth news about what’s really happening:  

Grey Power Predicts an Increase in Surgery Demands

According to recent statistics, Progressive Spine & Orthopaedics specialists warned that by 2026, the demand for hip and knee replacements will double. Grey Power, an insurance broker company, mentioned that multiple elderly patients have resorted to selling their homes in order to fund elective surgeries to avoid possible long-term disability and pain.

In fact, out of 1500 members that took the company’s survey, 56 of them mentioned that they sold their homes just to pay for their elective surgeries. One of the main reasons why they’re pushed to sell their homes is because they can’t access the public healthcare system and find cheaper alternatives.

The Government Not Funding for Elderly People

Tom O’Connor, Grey Power’s president, stated that the previous and current government leaders have failed to recognize the demand for elective surgery. In reality, the aging population has no proper and enough funding to support their surgical needs, thus making them inactive or possibly disabled. For O’Connor, this becomes a huge burden in the long run because it will significantly affect an area’s capacity to produce and maximize its resources.

Orthopedic Surgeons Supporting Grey Power’s Predictions

In Grey Power’s survey, they also found out that around 200 members are waiting to undergo surgery for 6 years. 22 of them also declined as they can’t wait anymore and that they’re already too old to proceed.

Orthopedic surgeons, together with other secondary practitioners support the idea. Even a spine surgeon, sees the importance of caring for the overall health of the muscles, thus joining the plea for a change in the healthcare system.   

According to the New Zealand Orthopedic Association (NZOA), the health system of today will not be able to cover and cope with future demands. This would mean that people, especially the elder ones, would be subjected to pain unless something is done to make surgery accessible.

What is Needed

In order for people to not resort in selling their houses, the existing crisis should be dealt with seriousness. For instance, aside from the needed financial aid that the government should provide, other related health practitioners such as nurses, anesthetists, therapists, and the like should be trained just for this, and the hiring process should already be running today. In addition, clinics, hospitals, and hospices should now be constructed to cater to the looming number of patients in the near future.

It is sad to hear that people end up selling their beloved homes just to cater to their basic medical needs. After all, medical health is something that we all should have access to, no matter how much we earn. Regardless of the income, health care systems should be something that we can get right away. Hopefully, in the future, it will change for the better.


How to Buy a House with Bitcoin

Buy a House with Bitcoin

There are many emerging trends in the trading industry. In the recent past, much has been said about bitcoins. For the few who have not heard of them, they simply refer to a cryptocurrency which does not involve the central bank and utilizes the encryption technique to regulate funds. When crypto trading with bitcoins, no third party is involved. The buyer and sellers transact directly.

Although there have been warnings about future negative fluctuations in the value of bitcoins, investors have continued to invest heavily in them. The housing industry also has begun to dips its toes into bitcoin trading, and now, even houses can be exchanged with bitcoins. There exist hundreds of merchants who trade in bitcoins. They include Microsoft, Expedia, and many more. And now, even the real estate industry is adopting the technology.

If you’re thinking it’s hard to buy a house using bitcoin, you’re wrong. In fact, it is very simple. There is only one thing that should be set right: both the buyer and the seller must agree on how to transact bitcoin for the property. Platforms like Auto Trader for Bitmex has made it easy to do bitcoin exchange.

The first house to be exchanged using bitcoin was in the year 2017 in Texas. The parties involved in the transaction utilized the BitPay platform. This platform converts bitcoin to dollars. BitPay has been hailed for handling other real estate transactions efficiently-- the most notable one being the Lake Tahoe property which was sold out in the year 2014 for 2,739 bitcoins.

In bitcoin transaction, BitPay plays the following roles to enable selling and purchase:

  • It enables you as a businessman to accept bitcoin and bitcoin cash for your business. It has retail, billing, e-commerce, and other donation tools to receive payments from customers worldwide. This platform has made the world a global trading village. With platforms like BitPay, you will be able to buy a house anywhere.
  • Bitcoin exchange platforms enable you as a businessman to easily manage finance in one app which offers a secure and open source wallet. The BitPay application, for example, is available on most mobile and desktop platforms.

There are many sites that have made it simple to find properties that can be purchased using bitcoins. It has a search tool that enables you to look for the keywords that you are interested in and the interface is pretty straightforward.

With the open listing, you will be able to:

  • To see every house as soon as it is advertised on the market. The website will keep you updated on the house or property available that’s within your budget.
  • It enables you as a property buyer to share offers, tours and your favorites with other buyers.
  • On this website, you are able to obtain exclusive detailed features of the property you are interested in.
  • You get smart pricing on every property you purchase.
  • Services are offered throughout. You can check out anything at any given time.

Though experts warn that purchasing a house with bitcoins may not be simple, it has proved to work. The only challenge that can be experienced is finding an insurance policy which can handle virtual currency transactions. But all in all, bitcoin is a powerful currency in the real estate industry and beyond.


What Every Graphic Designer Should Know About Insurance

Graphic Design Insurance

Graphic designers can get exclusive insurance policies they can take advantage of. There are standalone and packaged policies that can also be customized for your unique needs. Let’s check them out:

Commercial general liability (CGL) insurance

This provides you with a general coverage for lawsuits in terms of property damage or third-party bodily injury. For graphic designers, this could mean:

  • A vendor, client, or delivery person falls or slips on your business premises
  • Either you or your employee damages the property of a client
  • You unintentionally used a copyrighted material
  • You were accused of false marketing
  • You were accused of slander or libel

CGL insurance can cover the medical bill cost or the replacement of the damaged properties. It can also cover your legal defense costs if you come across lawsuits.

Commercial property insurance

This protects your building or office space from damages like theft, fire, vandalism, weather, etc. This policy covers the replacement or repair of the damages. The commercial property insurance even covers cases of business interruption. It covers ongoing expenses like salaries, rent, etc. Should you be unable to operate or temporarily need relocation after covered causes like fire, this insurance policy can also come in handy.

Business owners policy (BOP)

A graphic design business in Singapore may also qualify for BOP. For example, you will find www.secrethideout.sg has such a qualification. It’s a convenient package policy meant for low-risk, small businesses. With this, you can have property, liability, and business interruption coverage all in one affordable custom package. Ask your insurance agent if this is something you can qualify for.

Graphic Designers Professional Liability Insurance 

Clients depend on your expertise and skill. You are the one in-charge of ensuring that the branding and personality of the client’s company reflect on the graphic materials you produce. You have a whole list of other job descriptions as well. Any negligence or mistake on your end could put the reputation of the client at stake and do other forms of harm.

Even if the client files a negligence claim against you and it is relatively unsubstantiated, you still need to defend yourself once you’re sued. The Graphic Designers Professional Liability insurance helps you get protected should your services or advice cost the client financial harm or other damages. You can face lawsuit for many reasons like:

  • Alleged or actual errors, negligence, or omissions
  • Piracy, plagiarism, or copyright infringement

If you don’t get this insurance coverage, you’ll have to use your personal assets to pay for the legal defense, including the court costs, attorney fees, or any other judgment or settlement.

Other Insurance for Graphic Designers

If you have a large graphic design studio and manage multiple employees, you may need other insurance options like the following:

  • Nonowned auto liability coverage
  • Employment practices liability insurance
  • Workers’ compensation insurance
  • Cyber liability insurance

Whatever type of business you have, there are heaps of possibilities that you need to be ready for. The best way to get protected is to have the right insurance policies getting your covered.


The Celebration That Pushed Them to Debt

Mortgage and Babies

Joshua Shroyer, his wife, and their two sons were able to get by even with their student loans and mortgage. However, last 2016 they received news that they were going to have a third boy in the family. The pregnancy was difficult for both the mother and the child. Thankfully, both of them were able to get through it safely even when the baby arrived prematurely at 26 weeks.

The difficult pregnancy forced Ivonne, Shroyer's wife, off work for 6 months. Oftentimes, she was also without pay.  Though she only makes $15.75 an hour, without this amount, it will make things hard for the young couple.

The family needed to have both parents earning to pay off the loans and the mortgage. By the time their child was using a baby walker, their credit cards were eventually maxed out, and the celebration of having another child was weighed down by debt. Without the credit cards as a stop gap, the family found it hard to pay their obligations. They eventually stopped paying their loans. Their credit score fell, and interest rates skyrocketed.  It came to a point where the couple found it hard to put food on the table. 

The Shroyers then turned to payday loans.  Unlike a mortgage, you will not need to put anything out as collateral. Plus, the loan is short-term and easy to get. Most states will only need one valid I.D,  a bank account, and a proof of income.  Another alternative for payday loans is the bad credit loans. Though this type of loan has higher interest rates, it can easily get approved.

Shroyer applied for a $430 loan, but he was given an $830 installment loan instead. What Shroyer did was actually what people often do nowadays.  People choose to get the loans with higher interest rates. Almost fifty-one percent of millennials have considered to take out risky loans to cover daily expenses. This includes payments for utilities, rent, and groceries. This is due to salaries having a lower purchasing power.  Although Shroyer had to pay higher interest rates, what mattered to him the most was putting food on the table.  He also thought of using the loan to pay their bills and increase his credit score again. 

There are plenty of loans that can be of help in situations like what the Shroyers are in.  You can go for bad credit loans. This type of loan has higher interest rates, but it is often times approved. It also usually taken out by people who have very low credit scores to allow them to build things back together again. Mortgage refinancing loans can also be an option. This type of loan can help you save money and can be used to reduce interest rates or to consolidate your debts. The interest rate decreases when the market's interest rates lower as well. The next option is to take out Home Equity Loans. You can make your home a collateral and use it to consolidate bills and more.

Now, the Shroyers are now slowly getting back on their feet.  Their youngest son is already a year old. The mortgage rates increased because their credit score went down. They have to take into account everything from health care to even groceries.  The couple cannot easily indulge as well. Though the family is still not out of debt, things are slowly getting back to normal. 


Why Should You Buy Home Insurance for Your Dream Home?

Home Insurance

Getting a building insurance is different from contents insurance. There are several factors that are not included in the contents insurance but are stated in the building insurance.  Building insurance is often added as part of the mortgage that you are paying for your home.

Having a building insurance is very important because it can help you financially, in case of disasters caused by accidental fire, landslides, and other man-made disasters. If you do not have one yet, it is best that you get one as soon as possible or coordinate with your mortgage company to help you choose the cheapest home insurance for your home. Here are some of the things that you need to consider when choosing one.

To what extent is the coverage for your insurance?

There are two types of coverage that you can choose for your building insurance. We have the total replacement coverage and the sum insured coverage. The total replacement coverage includes all the costs that you will need when rebuilding your home. This type of insurance can be expensive considering the total amount of rebuilding your house might be more expensive than the previous one. 

The sum insured insurance is cheaper compared to the total replacement coverage. This is because the insurance will only cover a certain amount and that amount can be a fixed price.

How much insurance can I get for my house?

The insurance company has two specific ways to measure the amount of coverage for your house. The company will not only measure the house based on the raw materials but they will also consider the land and location where your home stands.

One of the methods that they consider is the cost per square meter wherein they will give you the amount based on the rough guide on the size of the house and the materials used in building it.  The other one is elemental estimating. This method is used to assess the different elements in the building in order to get the correct rebuilding cost, laborers' fees and prices of the raw materials.

Should I also get a contents insurance?

If your building insurance comes with a contents cover, then you won't have to get a contents insurance. But if contents insurance is excluded from your building insurance coverage, call your building insurance company and ask if them if they can bundle both. In this way, it will help you save more money rather than getting two different insurance policies.

When and where should I purchase a home insurance?

Mortgage companies automatically add home insurance whenever you decide to get their service. Make sure that you check the insurance company that your mortgage company is working with. In this way, you will know the coverage and the fees that you will be paying for the home insurance.

How much do we pay for home insurance?

There are several factors that will be considered to get the amount that you will be paying for the home insurance. They will consider the location, the amount of coverage that you wish to get your home insured for and the contents cover.

Insurance companies offer several types of home insurance that you can choose from. Most people will usually choose the cheapest amount for the insurance but you have to make sure that your house will not be underinsured.  You need to read the coverage as well as the terms and conditions before buying a home insurance.

Choosing the best home insurance for your home is very important. In that way, you are financially ready to rebuild your home in case of disasters. It is best, therefore, that you contact your mortgage company to help you choose the best insurance policy for your home.


3D Printed Houses: How to Convince Clients to Get Your Mortgage Services

3D Print House

3D printing has been changing the real estate world as it continues to allow the creation of prototypes of one’s dream homes. It makes it easier for people to visualize what they want to see in their future homes. It also allows them to create designs that would cater to people with different needs and space requirements. However, mortgage lenders have started to use 3D printing as a way of getting clients to apply for mortgages for them.

3D models for your homes

On most occasions, we do not usually use 3D printed models when we apply for mortgages. When we apply, we usually just give the documents and sign the papers for our mortgage. And once it is finalized, you can have the cash and proceed to purchase your dream house. However, many mortgage lenders have started to use 3D printed house models as a remembrance of how their clients were able to get their dream home with the help of their financing. It makes clients feel that they are well accommodated and well taken care of. This way, both clients and mortgage lenders feel that they were able to build a relationship from a single transaction. Hopefully, that business relationship will not only stop with that lone transaction.

Banks and other mortgage companies can have the 3D printed version before the final signing of papers. One of the requirements for applying for a mortgage includes the blueprint of the house or the picture of the house itself. They can copy the images from there. They can print it with any 3D printers that are available in the market. If they happen to have many customers, they can ask for an additive marketing firm to help them with their 3D printing needs. In this way, the little present is ready before the official mortgage signing day.

Other 3D memorabilia

Aside from that, it does not have to be just a 3D printed version of the house. They can also have the 3D printed version of their dream car, dream business center, or building. 3D printing is applicable to services that the company can offer. These memorabilia are a perfect way of remembering how one simple dream transformed into something big.

3D printed models as marketing tool

It may seem expensive to some mortgage lenders, considering this is another expense on their part. 3D printers can be expensive, however there are websites that have found lower cost models too, e.g. visit website. Considering the massive printing requirement for each client, the amount can be really high. However, using 3D printed versions as memorabilia can be the “Yes “factor for the clients to avail of their services instead of those from other mortgage lenders in the market. Building good rapport with the client helps mortgage companies in their businesses. The clients can put in a good word for the company and refer them to their friends, which can result in more clients and better opportunities in the future.

3D Printing has slowly shaped many sectors in the sectors. Investing in it can help any company such as mortgage lenders to get more and better opportunities by building strong ties with their clients.

 

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