Month: December 2019
Top 5 Decorations for Your Home This Spring Year
Do you live in a mansion or an extremely tiny studio? It is good to know that this does not matter nowadays. Which is the unique thing in numerous well-designed houses? You can agree with me that most well-designed houses boast of admirable personality. With that in mind, we have analyzed the top five home décor for spring. Read through this article and you will never regret.
1. FACE IT
Do you pay attention to decors? You can agree with me that indeed 2018 was full of hand motifs. Nice looking pillows and rugs were all over. After further consultation, Etsy decided to double down on the trend. Have you come across the recent design? They have included full faces in all their designs. There is no doubt that they are dedicated to providing the best designs to their esteemed customers.
2. WHIMSICAL INDUSTRIAL
Over the years, this décor has emerged as one of the best in the market. From many people attestations, you will definitely love this décor. What is the best thing about it? This décor is not only easy to mix, but also durable. Nowadays, the manufacturer is coming up with less masculine products. Besides employing smooth curves, they have considered some pale hues.
3. CONFETTI-LIKE TERRAZZO
You might have come across this beautiful pattern in the past. You might have probably seen it or even bought it, but you did not know its real name by then. This is the ideal pattern if you have been looking for an elegant décor that can add pops of color. Unlike numerous decors in the market, you have the full freedom to print this pattern into tiny parts. Presence of numerous décor patterns means that you can easily choose your desired pattern.
4. MINDFULNESS OVER MATTER
This décor has been gaining popularity for all good reasons for the last couple of years. It is among one of the best decors you will ever come across in the market. Have you been looking for something that can help you realize the importance of self-care? Look for no more.
5. LIQUID EFFECT
It is the newest trend in the market. From its recent market performance, there is no doubt that indeed it will be the most preferred décor in the next few months. You might have been looking for an admirable agate without success. You are in the right place. Be guaranteed that this décor will be worth your hard-earned money.
8 Essential Bathroom Accessories For Your Home
The bathroom is one of the cheapest rooms to maintain in your home. However, most homeowners have limited time or give it the least attention. It is important to take care of your bathroom in every way possible to avoid embarrassment when friends and loved ones visit! One of the ways you can spruce your bathroom is by adding essential accessories without breaking the bank.
Bathroom accessories should be decorative, easy to clean, easy to use & store and occupy less space. Here are some commonly used bathroom accessories that every homeowner should consider having:
1. Soap dispenser
Soap dispenser plays a great role in keeping your bathroom clean and safe. Your style, shape, and design can be determined by your budget and preference.
2. Room freshener
Do you have a room freshener in your bathroom? Consider getting one to get rid of awful smells, keep your bathroom smelling fresh and improve your bathroom experience.
3. Wall mirror
This is a must-have accessory in your bathroom. It not only gives your bathroom an attractive look but also helps you get ready for work, a date or before you leave your house. You can choose the size of the mirror by factoring your budget, size of your bathroom and budget.
4. Towel sets
Having several sets of towels is highly advisable because you might have an emergency, give it to a friend (when he/she visits) or alternate to improve hygiene. Remember, choose different types and materials of towels to have variable choices.
5. Trash can
Although some people think a trash can should always be used in living rooms, kitchen, and bedrooms, a bathroom should have a trash can to ease dumping trash like toilet papers, empty soap dispenser bottles, shampoo bottles, etc.
6. Toilet paper holder
To avoid soaking your toilet paper in water or collecting dust, consider buying a toilet paper holder. If you are looking for a classy holder, they are in the market and they won’t even cost you a lot of money! It is a must-have accessory in the bathroom.
7. Shower curtains
Shower curtains not only make your bathroom beautiful but also improves privacy. Your curtains should match the color of your walls to maintain the theme.
8. Bath mat
Your bath mat should be slip-resistant ad durable to improve safety and improve how your bathroom looks respectively. Bath mats made from polyester or wood are a good choice because they are affordable and easy to maintain.
Finally, researching online is one of the best ways to gather all the information you need about these bathroom accessories including their price, material, and color.
Questions You Should Ask Yourself Before You Buy a House
Buying a house is a lifetime investment and therefore there are a few factors you should consider. To avoid making a mistake, these are 5 questions you should ask yourself:
- Do you have money in the bank?
Mortgage lenders prefer working with homeowners who have enough money for a 20% down payment. However, if you invest more money in the down payment, your monthly payment will be less. Therefore, determining if you have money in the bank is the first step in becoming a homeowner.
- Do you have a lot of debts?
If you don’t have enough money in the bank for a down payment and you have numerous debts, you should not consider buying a home because you will end up stressing yourself or being foreclosed. You should try reducing your debts first to focus on buying a home with the little money you are making.
- Did you just start a new job?
Moneylenders like seeing stability and if you just started a new job you might not qualify for a loan. However, if you have been working for several years or got a promotion in the same career path, chances are high your credit score is good and money lenders will work with you. When you start a new job or you are on probation, you can lose your job at any time and this would lead to financial difficulty. Normally, money lenders do not like taking risks with people who have just started working.
- Do you plan on starting a new job?
If you are planning to start a new job with a better salary or working conditions, you are in luck because you can make monthly payments with ease. But, do you like the area you live in or are you planning to move after a few years? You don’t have to buy a home only to sell after a year or two (probably at a loss). Instead, you can rent an apartment and buy the house when you have made up your mind where you want to settle with your family.
- Will you still have some money in your bank after buying the house?
Finally, when you rent a house or an apartment, you rely on your landlord to pay for maintenance. This is not the case when you buy a home because you will have to cater for everything. Remember, you have a family to take care of, a life to live and other things to take care of besides paying the monthly payments. Ergo, you should have some money in your bank account. Who knows, you might encounter an emergency!
Dividing Your Real Estate When the Time Comes
If a person has property or even some money they may want to divide it evenly to their children when they pass. This way they cannot be accused of having a favorite. If one child is well-off and the other is struggling is it okay to leave them more money and how to do this without hurting any feelings.
While many do want to be fair they should communicate with family members about the amount each person is going to get and the reason behind it. While one child is better off financially and may not need the money they may have hurt feelings if they do not get an equal share. An inheritance is more than just money. There is a lot of emotions behind the inheritance and which person gets what.
Emotional Aspects of an Inheritance
People have a perceived impression of an inheritance. They think that if a sibling gets a smaller amount they are not approved of or the other sibling is the favorite. This can lead to years of hurt feelings. When dividing things unevenly it is important to do so with care and predation.
Talk Before making the Decision
A person should speak to their family members before putting things in writing. They should explain the reasons behind the even distribution and hope that the family will be understanding. The family may be understanding and others may need an additional reason. If one is unhappy a person should think about their decision. Instead of leaving the money directly to their child they may want to put it in a fund for the grandchildren or a college savings plan. Inheritance does not have to do with only money. Family heirlooms should be divided equally too.
If one child is better off financially at the time the will it written it does not mean this will be the case in years to come. Financial situations can change. People do get laid off and other issues may happen. It may be a good idea to leave behind money just in case something may happen. A parent wants to make sure their children are taken care of at any age.
Consult with an Attorney
A person should work with an estate planning attorney and they can recommend how to divide up the assets including the money and non-monetary items. A person does not want to leave behind hurt feelings. They should allow the family to know why they have made certain decisions and allow their children to know they are equally loved.
When in question the best thing a person can do is speak to their family and then speak to a lawyer. If they are not going to divide things up evenly than the family should know that ahead of time. This way it can be discussed and no one will need to be bitter. A person should put their wishes in writing. This way their final wishes and their division of valuables will need to be followed.
Mortgage Points For The Purchase of Real Estate
The idea of buying and selling demands a sober mind, especially when the transaction involves a considerable amount of money like the one encountered in the mortgage contract. A mortgage contract demands a crucial understanding and appropriate decision making skill on whether to consider buying down the rate or not. Buying down the rate is also known as paying mortgage points.
Definition of mortgage points
Mortgage points come in different kinds. However, the most crucial ones that must be considered in his case are the points that help in earning a discount on the mortgage value. The discount points lower the interest rate of the mortgage. The lenders consider it a fair deal to include mortgage points because lenders do not spend their entire time in the borrowed homes for the rest of the duration loan.
Precisely, mortgage points are the upfront payment of interest to help the lender minimize the cost by absorbing some percentage of it directly, and the borrower enjoys a palatable and affordable interest rate. The effect of the mortgage points is usually mutually felt, and either the borrower or the lender benefits in the long run.
Worth of mortgage points
The underlying value of the discount point is one percent of the value of the mortgage loan. In such a scenario, if the value of the mortgage is $1000000, then the discount points will be $1000. The worth of the points is, however, dependent on the lender. One discount rate point may reduce the worth of the mortgage loan by a quarter or eighth percent.
Break-even point of mortgage points
The benefit of the mortgage points is felt based on how long the borrower stays in the house. If the borrower decides to leave the house after less than ten years, then the breakeven point will not have been attained and may not enjoy the impact of the mortgage discount points. The lender benefits more in this case. However, after the breakeven point, the borrower saves at least 4cpercent of the mortgage loan in the long run and the discount points cover it. The value of the discount points can be calculated using the mortgage points calculator.
Advantages and disadvantages of discount points
The bottom-line impact of the mortgage points is that they make it easier to afford the payments. The borrower will require a lower monthly payment, which will result in high cash flow and higher chances of qualifying for a better loan.
The borrower also enjoys long term savings when they stay in the hired homes past the break-even point. They also help in reducing the tax effect.
The points may also be harmful in that one needs more cash in the closing, and must be in the long for a long duration of time if they have to enjoy the break-even point. One may also get ripped off unknowingly.
The mortgage points can be a win to the borrower and may end up owning a home in the long run. It only demands a quick calculation before committing to the loan.