Saturday, July 23, 2016

4 Questions To Help Find The Best Real Estate Investment For You

real estate investment options
Investing in real estate is a very popular option for investors looking to secure their financial futures. The opportunities are undoubtedly huge, but you’d be fooled into thinking it’s an easy rise to the top.

Choosing an investment opportunity requires a lot of calculated thinking. Because the right one could change your life forever. Whether you’re new to this environment or not, the importance of making the right decision cannot be emphasized enough.

Asking yourself a series of four simple questions will direct you to the right conclusion. Here’s everything you need to know.

What?

The first major issue is deciding which type of property is best for your investment needs. After all, there isn’t only one pathway to success in the real estate arena.

Buying a place with a view to a quick turnaround sale is completely different to purchasing a studio apartment built for students. Not only will the type of property influence your tactics, but it may alter the best route to finding the exact property. For example, if you’re going for a fixer-upper, you may wish to look an auction.

Either way, knowing the type of property you want to invest in will help push the process forward at a far quicker rate.

Where?

Another huge issue is geographic location. Let’s face it; this will impact the cost as well as the potential to make money. Moreover, it could alter the logistics of the entire process. Once again, this is not a decision that can be taken lightly.

Whether it’s a prestigious 400 Beach Drive Condo or a modest building, the location is one of the most important issues. After all, it’s not only going to impact the buying process. It will inevitably have a huge influence on the selling or letting aspects too.

When?

It might not feel like the most important aspect, but striking at the right time could be pivotal to gaining maximized returns. Anyone that has bought a property to live in will appreciate the differences between buying in summer and winter. This is due partly to fluctuating supply and demand. Unsurprisingly, it has an impact on investment opportunities too.

Likewise, you need to understand how the property market is performing at any given time. Meanwhile, if you’re looking at overseas investments, currency exchange rates need to be factored in too. Patience is a virtue. Strike the right deal at the right time, and you’ll be set for a far greater future.

How?

Arguably the most important issue is how you are investing. Are you taking out a mortgage? If so, how long do you plan to spread the repayments over? Or maybe you’re lucky enough to buy cash. Either way, you need to understand the financing of it properly.

Without having this knowledge, you’ll be walking in blindfolded. Interest rates need to be considered while you’ll also have to think about any renovation work that’s required. Essentially, if this is going to be a financial investment, it’s vital that you understand the finances properly.

Use those four factors to determine your decision, and you won’t go far wrong.

Friday, July 22, 2016

How To Make Sure You're Financially Prepared To Look After Your Car

car financing matters
We all have big financial considerations to consider in our lives. Rent and buying off homes. Loans and debts. One of the ways to make yourself more able to make the money to take care of them is by getting a car. However, to get that car, you also need to seriously think about the financial side of owning one, too. In this article, we’re going to look at some of the more major factors worth considering.

Choose a car with finance that fits you

How much car can you afford? It’s a serious question to consider. Particularly if you’re buying a family car, you have certain aspects of that car that need more consideration that others. The more aspects you prioritise, the more it will cost. So can you afford it? Similarly, can you find ways to make it more affordable? For example, can you take the time to improve your credit score? If you can, this can be a valid way of making long-term payments more affordable.

How much insurance do you need?

After financing the car, paying for insurance is going to be the biggest cost you need to be concerned with. Car insurance is mandatory in most places, so it’s more about thinking of the variety of insurance on offer. What is it that you can afford? After all, saving isn’t always the only thing worth considering. Do you live or work in an area where you may also need to pay to insure the car from theft? Once you know what you need from your insurance, then you can go bargain hunting.

Consider how to cut the cost of fuel

After financing and insurance, fuel is the next biggest cost. This is a cost that not only can be considered in terms of your choice of car. Going for a more fuel efficient motor is an easy to spend less money on fuel. But so are the changes that you can make to how you actually drive. For example, refraining from over-revving the car before you change gears. Taking the time to accelerate more smoothly from a parked position, as well as to slow down more gradually. These can all have you spending less fuel on the road.

Always budget for maintenance

Then, there are the considerable amounts of maintenance you need to do through the year. Whether it’s as simple as changing windscreen wiper fluid or getting new car tyres online. Or as costly as needing to get engine parts replaced or your car’s body detailed. These costs can add up. As you can’t always tell when you need to pay, your best option is to budget instead. To save and keep a constantly growing emergency fund for maintenance. Otherwise, problems can catch you off guard and take a lot out of your finances.

This article should help you better come to terms with what you can afford, in terms of car ownership. Without the right preparation, it’s easy to find yourself getting into more debt. So always take care.

Thursday, July 14, 2016

Get Help Finding for Your Next Loan in Ohio

next loan options
When unexpected bills arrive in your mailbox, it can be a challenge to figure out how you’ll cover what you owe. For those living paycheck to paycheck, the task is even more difficult. With no nest egg set aside for repairs or other sudden financial obligations, you don’t have the money you need. If your bank account can’t handle these new responsibilities, you’ll have to look towards one of the many lenders offering financial assistance in the state of Ohio.

Exploring your options is a time intensive process if you want to get the best deal for your cash advance. Unfortunately, as your bills’ due dates loom, you might not have that time. When time is of the essence, going online to investigate your options is a practical strategy. During your online search, you may come across a Credit Service Organization (CSO) that offers to arrange a loan between you and a third party lender in Ohio. They can help you find a credible lending company when time is of the essence.

Loans arranged by a CSO are similar to most short-term, small dollar loans. Regardless of the third party lender, the CSO will organize a cash advance amounting to something between $200 and $1000, and its repayment is due by your next pay date. Typically, this falls anywhere between 8 and 45 days from the day you receive the loan. A CSO like MoneyKey – OH, Inc. will also guarantee repayment of the advance. To learn in greater detail about the rates, terms, and conditions of financial products facilitated by a CSO, check out Moneykey.com/online-single-payday-loans-ohio.php. You can see the breakdown of the charges in a simplified table, and a representative is always available to take your questions or concerns.

All of that can be done online, as most CSOs can be contacted by email and chat. Some even allow you to apply online as well, requiring very little time or information. As long as you can provide basic contact information as well as a valid bank account, source of income, and email address you can submit your application. If you qualify, you’ll know instantly, and if you’re approved you’ll receive the funds within a single business day.

No longer does finding a loan have to be a time-consuming chore. With the help of a Credit Service Organization in Ohio, you can get a small dollar loan quickly. Start your search today to find out more about your local CSO, and you’ll see how easy it is to come by the funds you need to stay on financial track.

Thursday, June 23, 2016

Health Suraksha Plan by HDFC ERGO: Everything That You Should Know

finance plans for the health
The HDFC ERGO Insurance Plan Health Suraksha Plan is basically a broad ranged health insurance plan that not only covers your health, but also covers your entire family’s health.

Features of this plan

This plan comes into action when you or anyone else in your family needs to be hospitalized immediately, say in case of critical illness or any sort of severe accident. The expenses are included in both cases, i.e. pre and post hospitalization. Why most of the people like to go for this plan, is because there are no sub limits in case of hospital charges. This is one of the major concerns for the people when they plan to take a health insurance.

Secondly, there are no sub limits in doctors’ fees, room rent and much more.

Benefits of this plan

There are ample health benefits associated with this plan and that too, at a much lesser price when compared to the other health insurance plans. People have the option to choose as per their requirements.

They can either choose individual insurance, or family insurance. The policy term can range from a single year to two years. If you choose the policy for two years, then you can avail more tax benefits.

Coverage provided in this plan:
  • Pre hospitalization expenses (up to 60 days)
  • Post hospitalization expenses ( up to 90 days) after discharge
  • In patient treatment 
  • Domiciliary Treatment
  • Day care procedures for 144 days
  • Treatment expenses for organ donor
  • Ambulance expenses in case of emergency
  • Ayush Expenses
  • Maternity Expenses
  • Cumulative Bonus
  • Medical Check Ups
  • New born baby
Some other important features of this plan:
  • This policy is rapidly available at all the affordable rates
  • To avail additional benefits, one can add premium
  • The policy can be chosen for a single year or for 2 years
  • You can opt to choose either from family floater policy or individual health insurance
  • One can get cumulative bonus for every claim-free year
  • The medical checkup expenses can be reimbursed after you have continuously claimed the policy freely for 4 years
  • The cashless facilities can be chosen from more than 48000 hospitals in India
  • Up to the age of 45 years, no health checkup is required
  • People can avail immense tax benefits under section 80D of income tax department
  • Minimal documents requirement during the claim procedure
  • As described above, there aren’t any sub limits in various things like room rent, doctor
Who should and who can buy this plan?

From the age of 91 days, anyone is applicable for this plan and there is no maximum entry age limit.

The policy can be taken for:
  1. 1 Adult 
  2. 2 Adults 
  3. 2 Adults and 1 child 
  4. 2 Adults and 2 children
Exclusions in this policy and the waiting period

WAITING PERIOD
  • For the claim, there is a 30 days waiting period 
  • In case of preexisting conditions, there is a 48 months waiting period
  • For problems such as tumors, tonsils, sinuses, etc. there is a waiting period of 2 years 
EXCLUSIONS
  • Intent of crime
  • Breach of Law
  • Armed Conflicts or War
  • Any sort of self-destruction like suicidal attempt or self-caused injuries
  • Diseases such as AIDS/HIV
  • Plastic surgery or cosmetic surgery until and unless it has been performed because of a
  • Preventive measures such as vaccination, immunization
Is it mandatory to go for a health insurance policy?

Medical emergencies are never foreseen and no human being, no matter what his/her age is, is immortal. To avoid the last minute rush or getting the emergency fund or breaking your entire savings, one should always have a health insurance policy as it will definitely protect you and financially aid you during your difficult times.

Is there any sort of tax exemption when going for this policy?

Yes, there is. One can avail up to Rs. 15000 tax benefit under section 80D and in the case of senior citizens, up to Rs. 20000 tax benefit can be availed for HDFC ERGO health Surakshapolicy.