Money Bother Me

 Most first-time homebuyers would find the experience quite exciting, but it can come with its share of intimidation and challenges. If you are thinking of buying a home for the first time in your life, you should understand that there is a lot you ought to learn alongside a myriad of mistakes, most of which are rather inevitable.  However, with a bit of knowledge on how these transactions work, you can be rest assured it would be easy for you to side-step any pitfalls which you encounter in your way.  There are three main elements which you can never dare to make a mistake on: location, budget and the hidden costs. Have a budget You might want to buy a big house with many rooms in it, the best swimming pool, Jacuzzi, hot shower, gourmet kitchen and five bathrooms.  The question, however is, can you really afford it?  If you are approved to borrow the price of the home, this might not be the best choice for you. You should find a house which you can afford. In many instances, having to

 If you are buying a home or applying for a housing loan, then you should have to know what is MRTA. MRTA stands for Mortgage Reducing Term Assurance. Some people also call it Mortgage Life Insurance. The main purpose of MRTA is it will help you to settle your housing loan if any mishap falling on you. Even though it is taboo and a lot of people just do not wish to talk about it, we still nevertheless need to treat MRTA seriously since illness, disability, or death can just happen any time in our life. With MRTA, it is going to cover the outstanding part of your housing loan if something happens to you. MRTA also offers you a secure feeling and safeguards your family from the loss of a house. It gives you coverage even while in the development phase. The premium for the coverage is affordable and can also be financed by your financial institution. What benefits you can get from MRTA? - Worldwide and 24 hours coverage. - One-time payment to your housing loan in the event of fatality or

 Many people complain when the new housing project is being released, it will immediately get sold out and cause most of the homebuyers not able to buy any new house. But for those who are working in the property industry saying that if the homebuyers were unable to buy a new house, then they can consider buying second-hand housing which can be an ideal house for them as well. Most people are having the mindset that second-hand housing normally needs them to spend more a lot of money on renovation, however, this tends not to be true. Second-hand Houses Recommended by Property Experts Disclosure by the property industry experts, some popular new high-end completion of real estate sites at Klang Valley, even though all units are being sold, but the occupancy rate is very low, mainly because the owner buying the house is for investment purpose and not intend to live in the house. However, even the prices for these hot spots are very high, but the rental returns are lower than other areas,

 According to the statistic released by The Board of Valuers, Appraisers and Estate Agents Malaysia, property price index in Malaysia in the second quarter still rose 7.5%, and quarter to quarter is rose for 1.07%. The average price of Malaysia properties are raise from the first quarter RM206,513 to RM208,725. From the statistic, we can know that the inflation is still standing high and is of uptrend. For the performance of respective states, apart from Perlis, all the other states or regions have achieved an annual growth performance. Terengganu and Sabah are having the largest percentage increase, which is 15.5%, and 15.1% respectively. Other states that recorded double-digit growth are including Selangor and Kelantan. However, for quarterly comparison, only 6 states are achieved growth of property prices, these states are Terengganu, Kuala Lumpur, Selangor, Penang, Sabah, Kedah and Sarawak. It is noteworthy that the average housing price in Kuala Lumpur is still top among other sta

 OCBC stands for Oversea-Chinese Banking Corporation or 华侨银行有限公司 in Chinese. It is a financial institution based in Singapore and is a publicly listed institution. As one of the largest banks in Asia, OCBC Bank is having business in a lot of countries including Malaysia. OCBC Bank is now offering a wide variety of financial products and services to their customers to aid them in their financial needs. Property Loans that provided by OCBC Bank The services provided by OCBC Bank have included high demand property loans. There are many different property loans that you can apply from the bank. Among the loans that available are: Commercial Property Loans A credit facility to finance the purchase or refinance of commercial/industrial properties for your business use. Repayment mode is in fixed monthly installments of principal and interest with the interest calculated on a daily rest basis. OCBC Bank provides funds covering up to *90% with MRTA with a repayment period of up to 25 years or

 Recently, there are more and more Singaporeans flocking to invest in the property market in Malaysia. Most experts believe that there will be even more Singaporeans come to buy Malaysia properties for the coming days. Even there have certain restrictions implemented in the country for foreigners to own property in the country, but compared to the past, the restriction has been relaxed a lot. The relaxation of the restriction is the major factor that makes a lot of Singaporeans come to Malaysia for buying properties. For this trend, many real estate consultancy firms in Malaysia think that it is a good sign for Singaporeans to enter into the Malaysian real estate market. This is because Malaysia needs more foreign investment to invest in local fixed assets, and the Singaporeans have always been the major foreign buyers for Malaysian real estate. By consolidated different views from all parties, we can conclude that there are 3 major factors causing Singaporeans to buy in local property

 It's doesn't matter if you're a first-time homebuyer, wanting to undergo a renovation on your existing house, or as a foreign investor who wishes to make Malaysia become your second home, you will need a home loan package to carry out the task. If you want to refinance your home to be able to save more money in the long term, then you may just seek advice on current financing features. You may receive more attractive terms from CIMB bank if you do your due diligence. You can get lower rates or higher value for your house so that you will be able to get extra cash. Refinancing also can help you a lot if you are thinking of renovating your house. If you plan to buy a house for investment purposes, it is a good investment that could provide you with positive capital growth. Also, you may just buy a house and rent it out so that you will be able to receive rental to cover your monthly installment. No matter what your purpose is, you will always need to get a loan for you to do