Buying a house? Keep these five tips in mind



The best way is to set up income through multiple sources to avoid any disruptions later.


© Provided by The Financial Express
The best way is to set up income through multiple sources to avoid any disruptions later.

Buying a home is usually the biggest financial decision of our lives which requires a lot of planning and research, due diligence, and a highly focussed approach. A wrong decision while buying a home can cause financial distress, but in the current situation, it could have devastating financial implications. However, it’s also a fact the realty market has witnessed attractive price corrections amid record-low home loan interest rates. Here are a few important things you should keep in mind before taking the plunge.

Stable source of income

It’s important to have stable and adequate income while you plan to buy a home. Many who are servicing home loans are struggling to pay their EMIs after losing their jobs or experiencing pay-cuts because of the Covid-19 crisis. And while the moratoriums have given them temporary relief, their overall loan burden or repayment tenure is likely to have increased. If you plan to buy a home now, you must make sure that you will have sufficient funds to repay your loan dues in full on time. The best way is

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After online house hunt, dated kitchen gets a major remodel

Between the arrival of COVID-19 and the long distance nature of Erin and Aaron Sorrell’s move from Alaska to Houston, house hunting was going to be tricky.

Technology came in handy when the Sorrells could have video calls with their Realtor and, later, a contractor and interior designer to evaluate the needs and wants for the next home for their family of five.

Through video calls, they could talk about their future home and ways to make it their own so the couple could feel more comfortable buying a home they hadn’t set foot in.

Erin and Aaron were high school sweethearts who grew up in the Cincinnati, Ohio, area and moved to Alaska for jobs with BP, settling in Eagle River, north of Anchorage.

They were expecting the adventure to last a few years, but they and their three children fell in love with the place, its winter sports, hiking and fishing. When BP sold its Alaskan property to Hilcorp in 2019, the Sorrells had two choices: find new jobs or move with BP to another city.

They chose to stay with BP and in January 2020 settled on a move to Houston. An online house hunting search began

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25 ways to create stunning house plant displays

Indoor plant ideas can help lower stress levels, replenish the air and make your home look gorgeous. What’s more, indoor plants offer an excuse to have fun and get hands-on creative too. 



a living room filled with furniture and vase of flowers on a table: null


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Surrounding ourselves with indoor garden ideas, and the act of caring for plants, also helps us get back in touch with nature. And, as the Botanical Boys say, ‘Connection to the natural world is more crucial than ever. In a fast-paced fragile world we live in today, we need to just slow down sometimes and observe nature – it’s the one thing that keeps us alive.’

‘It is incredibly important that each and every one of us finds the time to connect to nature in some way and by doing so also positively impacts our own wellbeing,’ they add.

It’s easy to enjoy all the benefits of plants indoors. However big or small your home, there’s definitely room for a leafy beauty or two  – from tiny bonsais to stately palms and figs they can pep up a mantlepiece, filter light coming through a window or even help divide an open-plan living space. They can add contrast and texture to the

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Shaheer Sheikh gives a sneak peek into his self-designed house

Image Source – Instagram

Shaheer Sheikh has been grabbing headlines not only for his professional but also for his personal life. He doesn’t post every day, but when he does, it surely creates havoc. This is exactly what happened recently when Shaheer gave a peek into his beautiful Apartment. Yes, Shaheer Sheikh gave a tour of his house, leaving everyone astounded. Are you wondering why he suddenly opened doors for fans to have a look at the fascinating Shaheer Sheikh house? Well, because he turned interior designer for the same. Yes!

The actor donned the interior designer’s hat to decorate his ‘aashiyaan’ with Ruchikaa Kapoor. From bedroom to bathroom to living room, Shaheer has aesthetically designed his ‘love nest’ with Ruchikaa. Shaheer’s home exudes vibes of royalness and sophistication. He has kept it neat and clean, majorly using hues of white and cream. Shaheer Sheikh’s house looks like a dream come true for many. While others would have flaunted their skill set, Shaheer kept it subtle by only mentioning ‘Interior Designs by #SS.’ His fans are mighty impressed with his design choices, and can’t stop praising his talents.

While Shaheer Sheikh’s house has left fans amazed, his throwback picture with

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Midcentury Modern Design Truly Soars at Portland’s Boomerang House

A midcentury modern home in the Pacific Northwest that pays homage to Frank Lloyd Wright is ready to swoop into the hands of a new owner.

Known as the Boomerang House, thanks to its unique shape, the home on Skyline Boulevard in Portland, OR, has skimmed onto the market for just under $1.8 million.

“It’s hard to see it necessarily when you’re inside the house, but if you’re looking at it from an aerial point of view, you can totally see that it’s shaped like a boomerang,” explains the listing agent, Mark Bisaccio.

The home was built in 1947, and was completely renovated by the current owners in the past few years. Bisaccio estimates that the owners spent about $700,000 on renovations.


Big changes include the removal of a wall between the kitchen and the living space, the addition of a garage, and the creation of a breezeway between the garage and the home.

“Everybody that sets foot in this house says they absolutely love it,” says Bisaccio. “Nobody walks into this house and says, ‘It’s OK.’ It gets great reactions from everybody.”

Exterior of home in Portland, OR

Chuck Schmidt

Exterior

Chuck Schmidt

Aerial view

Chuck Schmidt

Interior
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Greenwich Real Estate Guy’s Blog: Open House List January 31

This post was contributed by a community member. The views expressed here are the author’s own.

I hope this post finds everyone’s year off to a good start and on the way to a fulfilling year. As most readers can tell I try not to get too personal here. However, every now and then, I get impacted by something and feel it is necessary to share. For those of you who did not have the opportunity to listen to the country’s first National Youth Poet Laureate Amanda Gorman speak, I felt it was worth sending. The 22 year old amazed me with her poem and oration. I hope you enjoy The Hill We Climb.

The question I get asked most often is how is the market. Here is a little snapshot of the market as of January for all of Greenwich:

  • 62 homes sold in January, an 88{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} increase over January 2020.
  • Average DOM of homes sold in January was 163 days.
  • Total $$ volume in January was $198,350,500 vs. $87,740,088 last January.
  • Median prices rose 3.4{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} to $1,912,500.
  • There are only 288 homes on the market in Greenwich, CT today, a 37{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} reduction over last year at
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an elegant Dorset country house proved the perfect rural escape

The elegant proportions of this Victorian-era Dorset country house, and the large sash windows that fill the rooms with natural light, were what first attracted the owners to the property. But it was the freedom to completely overhaul the house that clinched the deal.



a living room filled with furniture and a large window: House tour Ainsworth Dorset country house


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House tour Ainsworth Dorset country house

The house is in the market town of Bridport, Dorset. Although it sits in a conservation area, the building itself is not listed – which meant the couple could replace the existing rear extension with a big open-plan kitchen, dining and sitting area.

They commissioned interior designer Emma Sims-Hilditch to envision a new layout. ‘The answer was to preserve the original, grand parts of the house while opening up and rationalising the secondary spaces that had been added later on,’ explains owner Sarah Ainsworth.

The family made the move to the property after living in their former home in Oxford for 10 years. ‘We had been thinking a more relaxed pace of life would be good for us and our two daughters, but until we visited Bridport we couldn’t imagine making it a reality,’ says Sarah. ‘Then we came for a weekend to

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Toilet in kitchen: Most outrageous house design fails

Some of us fear DIY, others relish it. But it is safe to say that for most of us it is always best to get a professional in. With odd jobs around the house, there is always the desire to do it yourself and save a bit of dough. But, as impressive a do-it-yourself attitude can be, it is not so admirable when a homeowner finds themselves out of their depth, making the issue worse and often resulting in an even bigger cost when a professional comes to not only do the job – but to first fix your errors, too.

No, your eyes do not deceive you- that is a toilet in the kitchen. Photo: Bored Panda / Puchkovpetr.

READ ALSO: The Pinnacle Tower- Why dream of constructing Africa’s tallest building in Kenya failed

For example, surely the kitchen, where you prepare food, would be the worst place for this loo? This picture, above, shows a bizarre flat which has a squat toilet in its kitchen, right next to the hobs. Your aim had better be good, that’s all we are saying…

Meanwhile we’re not entirely sure how comfortable this toilet would be, or how you would manage to

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Home design, glam and comfort with Carisha Swanson of House Beautiful

Carisha Swanson is the Market Director for House Beautiful and among our panel of three judges for the Fourth Annual Home Design Contest. Swanson joined Hearst in 2013 as Market Editor for the Hearst Design Group, which included House Beautiful, Veranda and ELLE Decor, with a focus on kitchen, bath, building and technology. In 2018, she was promoted to Senior Market Editor and most recently became Market Director for House Beautiful’s print and digital properties. She is also the host of Building The Dream on the House Beautiful YouTube channel. Before the pandemic, Swanson travelled extensively for work. Now she is sticking closer to home and a with new project: decorating her new house.

You grew up in Georgia, but spent a lot of time in New England and now Huntersville, N.C. You’ve written you feel happiest when not in a city. How has all that influenced your approach to design?

I love being in the city, and I love having access to the city. But I don’t necessarily need to live in the city. I have a really busy life and so it’s nice to have a little respite from the busyness and noise that cities create. That said,

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How Does A House Or Condo Fit Into Your Financial Plan?

Personal Financial Advisor to Founders, Entrepreneurs, and their Families | Keystone Global Partners 

If you are a tech founder considering buying a house or condo, there is a lot to consider. It’s about far more than finding a nice place to call home. A home is an investment — a major asset to add to your portfolio. So it’s important to explore how your home purchase will fit into your overall financial plan.

Financial And Investment Planning

Buying a home impacts your personal finances in significant ways, so it’s crucial to evaluate a home purchase from a financial planning perspective. While plans change, you’ll need to be of the mindset that this investment may require a five- to 10-year commitment or more. 

Transaction costs alone mean it could take years to break even on the purchase. Upfront expenses can add up quickly, such as your down payment, mansion tax (for New Yorkers), other taxes and legal fees, among others. In general, it takes homebuyers around five years to recoup this investment.

As a homeowner, you are tying up your personal cash flow in ways that renters don’t have to consider. You will be committing to a long-term mortgage. Maintenance

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