Monthly Archive: November 2015

The Dos And Don’ts And The Haves And Have Nots

Moving from one place to another can be a hassle and sometimes even overwhelming. This is an exciting period of time, but you have to reign in the process of moving so that it does not become too much of a problem. Whether you are moving for work, studies or residence, there are a few things you should and should not do before settling in Melbourne. Here are a few of them to consider before you get started in order to ensure that everything is under control when the moving date finally arrives;

Do: Think before You Leap
There are definitely many things you will need to do before you make your move to Melbourne, but the very first and most important thing you should do is to carefully think about and plan all the specifics. For example, you should consider the transfer of your bank accounts, notify your life, health and motor vehicle insurance companies, obtain any medical records or referrals from your current General Practitioner and other doctors, and inform the tax office of the change in address for correspondence. Having these sorted out before you leave your current place of residence will make the transition smoother and easier for you because these changes would already have been done by the time you settle in.houseland

Don’t:     Take Everything You Own

Moving all your belongings is not just going to be a lot of work and very expensive, it is also unnecessary. Select the essential items around the house that you will need in your new home and box only those items to take with you. Get rid of the non-essential items before you leave. You can probably sell some of the usable items online. A new home is a new beginning, so it is a good idea to buy a few new things from Melbourne to decorate your new home too.

Have: A Stable Place to Live In
Looking for a more permanent place in Melbourne while you stay at a temporary location may seem like a good idea at the start, but it is double the work as you will have to unpack and repack your things, as well as pay the movers twice the amount of money. Check for affordable house and land packages Pakenham VIC and rent or purchase your residential property before you make the move to lessen the workload and stress. By searching for house and land packages online you may be able to locate the perfect place for you prior to moving itself, so that you can start shortlisting the properties you would like to physically visit before making a final decision.

Have Not: Your Previous Mobile, Landline, Cable or Internet Connection
Unless the same service provider whom you have your existing mobile, landline, internet and cable TV connection with is also available in Melbourne, then you should think about terminating the current connections you have before moving. Otherwise, it is wise to look for new network providers in the region and set up new connections in your new home in Melbourne so that you can continue to stay connected.

Three Methods Of Reducing The Mortgage

mortgagehomeThere are many reasons that people face due to downfalls in the economy. Imagine the news of losing a job, which numbs you and your family members. Especially, in situations if you have loans or mortgages to pay. As much as buying a home is a tough task to do, paying the mortgage for it is even harder. The stress caused due to these lump sum amounts is truly frustrating. As a fact, there are certain techniques that are used to reduce the mortgage. In collaboration with the lender, you could discuss with them to reduce the amount. However, you should be able to convince the lender, informing your financial crisis.

What are the methods of reducing these amounts? How can these financial institutes provide some relief to their customers? These are some concerns that many have in mind, prior to mortgaging. There are many ways of reducing it, of which 3 methods are mentioned below:

• Decrease in the interest rates

This is one method of mortgage reduction that customers would feel relieved about. That is the lender could reduce the interest rate that is charged for the long period of mortgage. It’s not simple as talking with the lender and getting it decreased. It requires proof and research about the best technique. There are two ways that you could get this done;
– You could refinance the mortgage: This is writing off the loan amount in a shorter period of time, instead it would be reducing the principle value and not the interest.
– Explain the tough financial situation

• Restructuring the loan

If you have unforeseen expenses such as medical bills or child’s education fees, etc. you might not be able to repay as planned. Hence, you could consider restructuring the loan scheme by extending the number of years. The repayment on a longer amortization is lower than a short term, as the amount is spread for more years. However, a disadvantage of this method is that, you would be paying more interest in comparison to the shorter period.

• Reduction of the principal amount

This is another method of mortgage reduction, which is forgiving a part of the principle amount. If you’ve lost the job or having extreme financial difficulties, you could have a word with the lender and discuss terms for forgiving an amount of it. This is a method that most institutions aren’t fond of, unless your case is very significant. Hence, you need to provide solid evidence of your current financial status and crisis.

You should have good negotiating and convincing skills, based on valid reasons. Are you facing a severe financial crisis? Do you need assistance to decrease the repayment of the mortgage? The above techniques are some pointers to start researching about. You might be able to find a solution and feel relaxed.

Are You Aware Of These Duties And Responsibilities Of Landlords?

Landlords have an important duty to provide guarantee on the safety of rental properties and other parts. If landlords neglect to maintain his/her responsibilities, then tenants, neighbors and general public also have to suffer from injury or damage. 

Whether residential landlords or commercial landlords, they need to be aware of their duties and must perform the same. Adhering to their responsibilities they can ensure safety to their tenants.

Some of the important responsibilities of landlords are:

1) ensuring whether all installations like electricity, gas and heating are working properly or not;

2) maintaining the interior and exterior structures of the house;

3) treating potential health-threatening issues like rising damp immediately;

4) installing the necessary appliances with safety

5) treating other things as per the tenancy agreement

Apart from general responsibilities different states of a country might have different requirements of responsibilities of landlords. However, residential landlords have specific duties towards the tenants. And here are a few of them highlighted.

The duties that landlords of residential properties must perform:

1) determining rent by maintaining prevailing law;

2) receiving correct rent on due date;

3) receiving charges related to the properties like duties and taxes;

4) reviewing the rent annually or as per the agreement;

5) terminating any tenant without giving reason in first 6 months;

6) be updated about necessary repairs;

7) carrying out repairs to the properties

8) deciding whether the tenant can provide the property to sub-let to others

9) be informed who is living in the house property currently

Landlords do not have rights to enter the tenant’s house without taking permission as well as retaining their property, if tenants have not paid rent and charging rent more than the market rate.

Landlords of residential properties have some important obligations and those are:

• providing energy rating for the property;

• providing rent book for the rent already paid;

• ensuring whether the property meets minimum standards;

• repairing the interior and exterior structure of the property;

• reimbursing repair cost to the tenants;

• insuring the properties by taking insurances;

• giving 28 days’ notice for rent review;

• providing valid termination notice to the tenants in case of termination and returning deposits to the tenants Landlords can withhold the deposit if tenants left without paying outstanding rent and bills like gas and electricity or without giving proper notice. If the tenants have damages more than normal wear and tear and then they left without paying for the same, then also landlords can withhold the deposit amount. 

Landlords cannot discriminate any tenant on the basis of gender, sexual orientation, age, religion, race, civil status and membership of a particular community. If residential rent is collected by an agent, he/she must consider taxes and its exemption eligibility properly.

4 Advantages Of Hiring An International Relocation Company

Moving abroad is much more hectic and time consuming than shifting within the same country. People migrate or relocate for many reasons. Some of the reasons could be to set up a business, move to a new house, etc. Unlike moving interstate, international move involves a lot of planning, financing and documentation processes. As a fact, you would have to look for an international removals company. These companies offer professional services so you could have a stress-free move.

There are many international removal companies for you to choose from. However, each of these would differ in the types of services provided. Hence, you have to choose a good company for the shift. One of the major things that you need to sort out is shifting the furnishings, as it involves a long process. If you are planning to shift in the future and you’re wondering what they offer, look at some of the benefits of hiring them:

relocationInventory

Not many companies would provide these services. Hence, this is one of the advantages of hiring reputed international relocation companies in Sydney. They would make detailed accounts of the inventory that are to be shifted. In addition, if you wish to sell anything that you wouldn’t be taking abroad, they will list these out as well. As a fact, you would be informed about every item that is and won’t be shifted.

Packing

Another advantage of hiring these companies is the exceptional packing services they offer. For example:
– You don’t have to look for boxes or crates. They have hiring services of appropriate sizes of boxes to pack any type of furnishings.
– Moreover, these relocation companies have skilled teams to pack the items for you.

Delivery

International companies provide excellent delivery services by handling the shipment carefully. These companies use proper belts and lock to keep the crates and boxes in place. When you shift, you would expect them to deliver the furnishing on time. As a fact, the removals establishments ship the items to the location on time. Since they organize the entire move, you do not have to worry about the packages from getting damaged.

Compensation – insure the furnishings

Given exceptions for certain scenarios, the furnishings might get damaged while they are being loaded or unloaded into the trucks. As a fact, you would have to bear the cost of the scrapes and dents. For that reason, these establishments offer insurance policies for you to claim to any harm. Even though it might be a costly option, you would be able to claim if the harm to furniture was a result of the company’s fault.

Therefore, when you look for companies, hire the best for you to benefit from the aforementioned services.

New Hotels Are Making A Mark In The Hotel Industry

Tourism has gained important place in growth of economy of country. This industry is highly dependent on hotels. We are living in an era where every country wants to grab and maintain the attention of the people. Countries around the world have already started extensive promoting their respective tourism and hospitality industry. Over the past few decades, we have seen many countries flourishing, mainly due to tourism and hospitality services.

The importance of hotels and investors in the hotel industry

Real estate business is very common nowadays. Many countries around the globe are now encouraging real estate investors to invest in their country for building hotels, shopping malls, hospitals, etc. With the increase in population, these commercial buildings have become very important for any country. In many countries, the government has especially encouraged real estate investors to invest in the hotel industry to attract tourists and visitors.

What is role of good hotels and restaurants in this field?

Over the years, having and maintaining a good hotel and restaurant have become the prerequisite for a good hospitality service. Therefore over these years we have seen an expansion of the hotels and chain of hotels all over the world. These companies help in setting up hotels that cater to all section of visitors.

Hotels could range from world class hotels with expensive services to mid-range hotels with inexpensive services. Depending on the requirements, different hotels cater to different sections of the customers. However, the main aim of any good hospitality service is to serve its customers with satisfaction.

Therefore real estate investors are investing in construction and owning of all kinds of hotels. Each type of hotels caters to a different set of customers. Therefore these companies are catering to all types of customers. In the hotel industry, few companies have made a great name for them and were a force to reckon with,

For an instance, Grandline international chain of hotels is a force to reckon with, in the hotel industry. Though relatively new, these chains of hotels have carved a niche for themselves within a short span of time. Having started initially at Singapore, it has spread it base now all over the world, covering most of the main markets like the UK, USA, etc.

Conclusion: – We can, therefore, conclude that hotel industry is gradually growing to be one of the most profitable industries. With the advent of new hotels making a mark for themselves, it can be clearly said that over the years the industry has evolved, and the importance of having good hotels is very much prominent now. Therefore it is gaining wide acceptance and popularity.