Other News & Stories

Get Your First House In Four Easy Steps

Home about to be soldBuying a house and going into the many details involved can be a very challenging task for first-time buyers. That’s why it’s important to know the necessary steps to buying a home.

Get help from a solicitor

It is always important to ask for professional advice from house-buying solicitors before buying a property. Hiring an expert can save you time when looking at a property to buy

Finding the perfect home for you is not an easy task. Some people even schedule at least seven properties at a time just to look for the right house. It’s always advisable to do some research online before you schedule your trip. It’ll save you more time instead of randomly picking homes in the community.

Apply for a loan

It’s not always necessary to get assistance from a mortgage broker before you buy a home, but it’s better to get your loan preapproved in advance. Doing so will let you know how much you can apply for a home loan.

Learn how to negotiate the offer

Some buyers would often fail to compare prices of homes before striking a deal. It’s better to compare each price and see which one fits your budget the most.

Do a property inspection

Check the interior and exterior part of the house for any damage. It’s always important to conduct a home inspection before buying a house. See if there are any cracked ceilings or walls or you might regret it in the future. It’s sometimes even more expensive to pay for repairs rather than the house itself.

These are just some of the things that you may keep in mind when buying a house. Don’t be in a rush to get a house. Take time to think about it and see if you’re financially stable enough handle it.

March 9, 2018 at 1:00 amMind of Money

3 Important Tips When Applying for a VA Loan

Loan applicationsNothing beats the feeling of having the opportunity to serve your country. In the United States, those in the military are given many benefits because of their loyalty, and as a way of saying thank you for all their hard work. One of those benefits is the opportunity to apply for VA loans.

VA loans are provided by the U.S. Department of Veteran Affairs. American veterans and those on active duty can apply for this specialized type of loan, but there are some tips that will help increase the chances of being approved for VA loans in Missouri.

Get Pre-Approved

Before even looking for homes on the market, make sure you have been pre-approved. Getting pre-approved will help you determine how much you can afford when it comes to buying a new house. This will help you save time and effort, which is essential when applying for a loan.

Before getting pre-approved, be sure to get your documents ready, as most lenders will ask you for your pay stubs, tax returns, and proof of military service, such as your Certificate of Eligibility or COE.

Find the Right Real Estate Agent

Get a real estate agent to do most of the house hunting for you. Finding the right house can be stressful, but with the help of an experienced realtor, you can get the keys to your new house in no time. Look for an agent who has enough experience when it comes to VA loans, so you can get the assistance you need.

Ask your fellow veterans or soldiers for referrals or look around for a potential agent. Be sure to communicate with them all the time, so they would know exactly what you are looking for.

Check Your Credit Report

Before applying for a loan, secure a copy of your credit report, as some reports contain errors. You can get a free copy once a year, and it would be best to take advantage of that. Your lender will be basing your credibility on your credit report and score, so check everything listed on that paper to make sure it is error-free.

Getting a loan can be a tedious process, but you can simplify it by following these tips. Before you know it, you’ll be holding the keys to your dream house.

March 8, 2018 at 10:19 pmMind of Money

Three Ways Scholarships Actually Help You

Students taking an examUniversity education can be quite expensive. No one can deny that. Even though Singapore and other countries may offer subsidies to encourage more students to pursue higher education, there is still the matter of books and budgeting for transportation and projects. It would be nice to get financial aid, wouldn’t it?

What you may not realise is scholarships in Singapore do not just cover your financial expenses. In fact, it offers three essential benefits.

Financial Aid

Perhaps the most apparent benefit of qualifying for a scholarship is getting financial aid. This is the most important aspect to cover so that you can focus on studying. If you know you can afford to finish the term, there is one less worry on your mind. Some scholarships also cover more than just the tuition; they might also provide an allowance, which helps Singaporean students live a decent college life.

Confidence Booster

A scholarship is not just about the money. Because of the qualifications you need to meet to get a scholarship in the first place, it becomes a source of bragging rights. Even if you are not the bragging type, you still feel confident in your skills knowing that an organisation believes you are good enough to receive such a scholarship. Parents may also offer good praises and be more proud to talk about you, which gives a significant confidence boost.

Connection Maker

Your affiliation with the organisation that funded your education does not end when you graduate. They may open opportunities for employment and even connect you with individuals who also started as scholars for them. Though this does not mean you get special treatment in job applications, this validates the skills you have. Being a scholar from a particular organisation gives credibility that goes with your good grades.

For many, it is already enough to have the scholarship to fund their education. But wouldn’t it be nice to know it offers much more than financial aid?

March 2, 2018 at 1:00 amStudy Section