TheBasic Agrarian Law(Law No. 5 of 1960) places restrictions on foreign ownership of real estate in Indonesia. In particular, it allows only Indonesian citizens and legal entities to fully own land. Foreigners can enter intolong-term land leases, but cannot directly own freehold properties. The...
They are also used for homes in expensive areas. In these places, real estate prices are much higher than the national average. These loans help borrowers get the money they need to buy their dream home, even if it costs more than a regular loan. ...
I told my bankers that it was likely I would no longer have a W2 income stream come summer just to be completely up front. They thanked me for my honesty and pushed my refinance through because they said we cannot predict the future. We have an 11-year relationship and I don't plan ...
if you made the mistake of applying for financing at too many places and your credit score has taken a hit, you wll probably need to wait out the 12 months. Now in 2024, the credit bureaus are no longer removing inquiries based on a letter from you. They want to hear from the credit...
Do mortgage brokers cost more? Not necessarily; as mentionedmortgage brokers can offer competitive ratesthat meet or beat those of retail banks, so they should be considered alongside banks when searching for financing. They have the ability to shop numerous lenders at once so they can find the...
Turns out the solution, so far, has been renting property. I’ve had two places in six years: a three-bed, new-buiold terrace with a loft conversion and 2 bathrooms smack in the centre of town just off the market square, and now a huge 1-bed modern warehouse conversion over two flo...
(which would’ve been safer), but it forced us to pay it off sooner. The payment wasn’t that much more though so it felt like a no-brainer. It’ll feel nice though not having a bank over us with a lien one day. Either that or we might go the renting places in fun locations ...
an optional savings program that requires self-discipline is frequently no savings program at all. Contrast this with someone who places a 15 year, biweekly mortgage on their home, thus creating enforced discipline. One happens with certainty regardless of life’s wrinkles… the other is optional...
If there are items you don't want to give away, consider selling them online. Internet marketplaces have made it easy to have your ownvirtual garage sale. You could post a classified-style ad on Facebook or Craigslist, sell handmade goods on Etsy, or post your trendy clothes on Poshmark...
It’s one of the few places (other than aUSDA loan) a prospective homeowner can still buy a property with no money down. Other options such as conventional loans require 3% down or more, while the FHA requires at least 3.5% down. ...