Factors to Consider Before Buying a Property

Everybody dreams of owning a house at one point of time. But possessing a house is no joke. It requires careful consideration and planning to make such a heavy investment. A lot many things have to be kept in mind before buying any property. The main concern is finance but there are so many other things that are directly related to it.

Here are some factors that should be considered before buying a property:

1) Stability of income: Doing well in your work and earning good money may excite you to buy property at the moment. But it is very important to analyze your financial condition before making any big purchase. How stable your job is at the moment, will your salary increase in some time, what are your other expenses and how safe is it to invest in an asset are some of the most important questions to answer. If you’re uncertain of your future income situation, then picking up a mortgage isn’t a really good idea at the moment. Wait for some time and save more money for down payment.

2) Credit Score: A credit score is a statistical number that depicts a person’s creditworthiness. Lenders use a credit score to evaluate the possibility of a person to repay his debts. It also determines the rate of interest at which the mortgage will be given if it gets approved by the bank or creditors.

3) Personal commitments: What are your personal goals? What expenses do you see in the near future? Are you getting married or planning a baby? What are the expenses that may delay your mortgage buying? All these events will incur heavy expenses and may delay your property buying task. Ask these questions to yourself and consult your dear ones before planning to take such a major step.

4) Real Estate scenario: What is the real estate trend in your area? Are the property prices going upwards or are in a stable state. If the prices have gone up, will your finances allow you to make that purchase? Some area of your city may be attracting a lot many builders hence the rate of property might be on an upsurge. If the prices are going down, you may be lucky in buying your desired property at affordable rate.

5) Expectations from the property: Buying a home may be for different purposes- it could be for your own use or may be your second home i.e. investment. Since investing in real estate is considered to be the safest bet, a lot many people buy homes and put it on rent to get returns. If you are buying it for your own purpose, you may prefer a specific locality or a specific area, but if buying for investment, you may overlook such points and just concentrate on buying a property that may suit your budget.…

Father’s Day an Occasion to Honor Fatherhood

Father’s Day is an occasion to honor fatherhood. A father is not just a bread winner but someone who is looked up to for guidance. He shoulders the responsibility of the entire family. His acts of love are often taken for granted. We don’t always seem to see the effort he puts in to run the house. We often fail to take notice, mostly because we see his acts of love more as an obligation.

Yet, a father is someone who sacrifices his time and energy selflessly so that you could live comfortably.

The history of Father’s Day takes us way back to the early 1900s, and was inspired by Mother’s Day services which began in 1908.

Mrs. Sonora Dodd was the first person to come up with the idea of celebrating Father’s Day. She wanted to pay tribute to her late father, William Smart, who became a single parent when her mother died in childbirth. Her father raised 6 children on his own, which was a big feat at that time.

Mrs. Dodd wanted to hold a memorial service on the anniversary of her father’s death, June 5th 1910. However, since the organizers had less time at hand, the date of the service was postponed to June 19th. Since then, the third Sunday of June was observed as Father’s Day.

It was not until 1924, that President Coolidge of US recommended Father’s Day as a national holiday. 48 years later, President Nixon of US officially recognized Father’s Day in 1972.

Father’s day is not just an occasion but a celebration, a way to thank our father for all the love he has shown. It is a day to build strong paternal bonds, a day to make society aware of the hidden force that constantly works for their family’s well being.

The most humble way of saying thank you to your father is by giving him a gift. Instead of falling into the trap of gifting a typical -boring gift, keep some time aside to think about him, and what he likes. Remember, men too have desire for things that they may want dearly but they won’t justify buying it for themselves. If you could learn of this secret, you have already won half the battle in making him feel special.

The gift doesn’t have to be very expensive or too extravagant. The gift should be something that comes from the heart.

When you recall all the wonderful things your father has done for you over the years, it can be a challenging task to know where to start and how would you like to pay tribute to him. With Father’s Day on the way, it’s a perfect way to make him feel special.

Speaking of gifts to be given to your dad, gadgets and technology are the best gift choice and are equivalent to the choice of diamonds to a woman. Try gifting him something interesting. Making the gift exclusive is all the more heart warming. For example, if …