Author: zombies

When to Buy a House for Cash

When should you avoid a mortgage and buy a house for cash? Well, it depends on the relationship between the investment and mortgage interest rates and on how disposable income is managed. Suppose a woman named “Lauren” wants to buy a $200,000 house and she has $300,000 in savings and $2,000/month in disposable income. In our example, Lauren has two options: she can either buy the house for cash; or, take out a fifteen-year, 4%, no fee $180,000 mortgage. The latest development by City Developments Limited is Penrose Sims Drive at Aljunied MRT Station. Please see Penrose site and floor plans and the financial options here.

So, which option should Lauren choose? First, calculate her future net worth at the end of the period in question, for each of the given scenarios. Use a period of fifteen years, assuming she either pays off her loan at the end of fifteen …

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Effectively Designing the Interior of a Small Bedroom

Often, it’s far more difficult to design the interiors of small bedrooms than larger ones.  While the challenge with larger bedrooms is getting the right furniture to fill them, the common fear with small ones is potentially rendering them unbearably claustrophobic with too much furniture.  So, with this in mind, how can you efficiently utilize your small bedroom in a stylishly effective way?  Here are nine suggestions:

  1. Properly Decorate Your Room:  Don’t make your bedroom too simplistic and dull.  Using smaller sizes, try to incorporate most of the decorative items, like pictures and rugs, you would normally include in a larger room.  This will help distract from the room’s small size and make it feel more comfortable.
  2. Use Mirrors:  Make your bedroom seem larger by covering closet doors with mirrors.  When your room is open, clean and uncluttered, this will make it appear much more spacious.
  3. Follow the Lead of
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Famed Interior Designer Sasha Bikoff Gives Her Advice for Reinvigorating Old Furniture

Interior designer Sasha Bikoff, based in New York, reminds us that good style is imaginative and doesn’t always fit a mold.  This mindset informs all of her creative endeavors, as well as her tips for bringing new life to your older furnishings.  Bikoff, in fact, has made a name for herself renovating mid-twentieth century French and Italian furniture in novel ways.  Her method has been to incorporate sumptuous left-over materials from Chanel, Dolce & Gabbana and various other high-end fashion brands into these antiques.  In search of her particular expertise, Architectural Digest found the designer at her newly-opened Tribeca antiques showroom.  Bikoff, during our discussion, detailed three relatively easy ways you can rejuvenate tired old furniture.

The easiest way to do this is to simply mix and match pieces from different periods, in creative, unexpected ways.  Like Dorothy Draper, the woman who founded the United States’ first interior design …

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Released New 2020 Tax Brackets for Property Purchase

 

The continuation of a nation and the economic development that the nation earmarks are driven by the ability of the government to generate income through both local and foreign taxation. A noble tax payer understands the logic behind hefty taxation in the country, but most of the contributors have no rough idea of how taxation works. The Internal Revenue Service welcomes the year 2020 with updates to the tax codes in which case they included limits on higher-income earners to cover the inflation that will determine the tax to pay while filing the returns in 2021. This will affect for loan amount for property purchase.

The newly released tax brackets will impact future tax bills in various ways. When rounded to the nearest dollar, a single filer earning up to $9875 will pay a total of 10%, 12% will apply to a range between $9876 to $40125 in that …

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Personal Loan is Riskier than You think it is

Nowadays, you can get a loan for almost everything. Whether you want to go for a vacation, do a wedding or even Christmas shopping, numerous banks are willing to give you a reasonable loan. At times the name of the loans might vary. But all that you should know is that they are the same product.

You might have heard many people referring to these loans as a smart tool for high interest. It is good to keep in mind that personal loans can be used to pay for almost everything. Have you been looking for funds to renovate your kitchen? Do you want to take your family for a Christmas vacation to Everest? Be guaranteed that there is a loan for that.

Are you aware that multiple Americans struggle to cover their expenses? Actually, that is the main reason why personal loans are very attractive to small scale consumers. …

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Add Value to Your Home with Outdoor Living Spaces

You may not realize it, but the outdoor areas around your home contribute a great deal to its value.  Enhancing them is not only very affordable, it is likely to even pay for itself in the long-run.  Also, wherever you live, there should be plenty of opportunities to enjoy the improvements yourself.  Excluding swimming pools and hot tubs, improving your outdoor spaces is rather cheap because you are working with relatively cheap materials like soils, grasses, plants, stone and wood.  Most of your improvement costs will actually be in the form of time and labor.  As far as your material costs go, the majority of those will likely be returned to you in the form of a higher home value.

Some of the most desirable outdoor upgrades are patios and decks.  These can be used as places to entertain family and friends, barbecue or just to lounge around and enjoy …

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What Causes Rental to be So High

A person is not just imagining things, the cost of rent is on the rise. It seems that rent is very high these days. There are some reasons why the cost of renting is so high. The cost of rent is rising faster than wages. On average a person needs to make almost $23 an hour to afford a two-bedroom rental. Even people with the medium income struggle to afford their rent each month.

Great Recession Lead to Rental Market Trouble

When the recess began in 2007 the prices of houses feel. This caused chaos for both homeowners and renters. Foreclosure rates were high and many homeowners were turned into renters. Many millennials had to rent instead of purchasing their first home. New construction all but stopped. There was a demand for rental properties which lead to an increase in the price. Rental units are not being built as fast …

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Twin Vew by China Construction Development Co West Coast

The 99 year leasehold Twin Vew project of China Construction (South Pacific) Development Company is one of the last sales of prime leasehold plots under the government land sale program in Singapore. The Twin Vew condo project is located at West Coast Vale, District 5, and Singapore close to Jurong Lake district and Clementi Mall, where property prices have increased rapidly in the last few years, with some condos selling for more than one million dollars. Hence the auction for the plot attracted a lot of attention from builders, with as many as 9 construction and development, companies bidding for the plot, with the winner bidder paying $292 million for the leasehold plot. Twin Vew West Coast Condo is a new development by China Construction Development.

Twin Vew by China Construction Development Co

One of the main reasons why so many builders are interested in Twin Vew condo is the …

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