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31 December 2012

Canadians Living in USA RBC Bank Solutions

RBC Bank a very good and stress free banking and financial borrowing opportunity for all people staying in USA. Canada people who are in the US for studying, business, or other purposes can easily arrange for finances in the US by RBC bank. Even seasonal visitors to US from Canada can avail this opportunity of banking with RBC.
RBC bank solutions helps Canadian citizens to avail a home loan and purchase property in the US. The RBC bank is one of the most sought after bank for all Canadian citizens as their credit and mortgage history belonging to Canada can be referred to and they can avail a home loan for buying property in the US.
Thus it becomes very easy for Canada citizens to buy a home and stay in the US. Students there in the US for studying can also avail loans for further studies and future prospects. People staying in Canada wishing to buy another second home in the US also can contact the RBC bank and get their loan approved.
The terms and conditions of home loan approval depend upon the RBC bank eligibility criteria and this is subject to bank rules and regulations and credit worthiness and acceptable income of the borrowers. Canadian citizens can avail loan from RBC bank to buy property in US and many other financial needs can be solved with the banks different financial solutions.
All the Best from Rizwana!

19 December 2012

Less Than Perfect Credit History Go for Home Owners Choice Loan

Choice loans a brokering agency, who guide you and help you to find the right best home loan amount from the home loans available in the market. Choice loans, have  a list of best lending financial institutions, as Choice loans is only a broker and not a home loan lender or in housing construction, Choice loans help you, the borrowers of home loans, to find the best home loan suitable for your requirements and individual financial history. They are an independent commercial broker’s in the financial market who help you get best loan deals in UK.
Home Loans Simplified Facts
This is all free of charge and the information will be shared with you as you find the perfect home loan by offering your home as mortgage. The lenders in the financial market would be happy to lend you as they have security of your home as guarantee for the lending amount.
Many cases of bad or not so perfect credit history, borrowers of home loans find difficulty in getting a loan from any financial housing finance company. Choice loans help you to connect with the right lenders who are willing to offer you home loan for purchasing another home. In case you use the services of Choice loans, and your home loan is approved they charge you a broker’s commission.
The facts need to be clear as Home owners Choice loans are only available for home owners, that is, who own property before hand, as these loans are offered by mortgaging the previous property. The lending financial company will lend you an home loan by keeping the documents of your previous home as mortgage.
All the Best from Rizwana!
Read more on-
Importance of home Loan reviews
Piramal Vaikunth Homes in Lap of Nature
Unemployment and Home Loan help from bank of America

13 December 2012

MoneyBack Bank Personal Loans Meaning and Facts

Moneyback loans as the term suggests is a way to earn money from your personal loan. Money Back Bank offers a personal loan at competitive market rates of interest in UK and you can avail an amount of £ 20,000 as personal loan.
Moneyback Bank  offers personal loans to borrowers and along with this facility if the borrowers avail the protection for the personal loan amount,  you as borrower can earn as much as £ 200 as money back. This scheme helps you to pay less  as repayment of your loan and saves from the loan repayment amount. The condition here is the borrower has to take out full personal loan protection from Moneyback Bank. Each year you get money back, a bonus for the policy, and you thus earn money from your loan. This amount is added to your account every year for the full term of the repayment of your loan, that is for total years of your loan. This amount cannot be availed before a year and also the amount is added to the account from here your monthly repayments are debited. Only on the condition that you do not avail any services from your policy that is you do not cancel or claim any amount on your loan protection policy.
Also the borrower need to have a good reputation of repayment history, that is not skipped any monthly repayments. Here the Moneyback policy is an amount the company offers for the policy protection you have  taken from them, and not if you are insured from some other finance company. This cash back offer is very luring for the borrowers to avail personal loans but it is clear that personal loans are available at very high rate of interest and along with this you have to take an full protection policy from the Moneyback bank, so the bank already has offered you a larger amount as loan, and are charging a high rate of interest,  and thus paying back some will not make any difference for them.
All the Best from Rizwana!

11 December 2012

Borrow £100,000 as Home Loan Easily from Tesco Bank UK

You can borrow a home loan , home owners loan, as large as £100,000 easily from Tesco Bank. Tesco bank offers larger amounts as home loans as this is a secured home loan, that is the financial company offers home loan to only those borrowers who already own a home or property.
Tesco Bank offers such large amount as loan because they have as security your previous home and the amount offered as home loans is against the previous property owned by you. The bank in any default or unexpected financial circumstances can take over your property to recover their dues. It is very important that as borrowers of home owners loan one must not get carried away and apply for a very large loan, as they have to repay the amount, though it comes to small EMI amount for more years, but still the home owners loan will take longer to be repaid and you will also be paying more amount of money as interest long run.
Also you, as a borrower of home loan, have to bear the risk of mortgaging your previous property or home, and in unexpected circumstances of financial crises like death in family, loss of job, or long term major sickness, there is fear of losing the property ,as the bank will recover their dues by selling off your mortgaged home.
Tesco Bank offer loans to only those individuals who fulfill the eligibility criteria and though you can get a large amount you surely have to repay this along with interest amount. The advantage here is you can avail a large amount as home owners loan at a low arte of interest and can use this amount for other purposes like renovating your home or office, higher education of children as well as clearing off past small loans. It is beneficial to borrow a home loan as you get the amount at low rate of interest as compared to other loans like vehicle loan, personal loan, and instant loan.

09 December 2012

Tesco Bank Loans Available for UK Residents Only

Tesco bank personal loans can be easily availed by UK residents and in especial cases you can , same day,  get money at your door step. £ 3,000 to 4,900 Amounts available at 15.9% rate of interest and as  the total personal loan amount increases the rate of interest reduces and falls to larger amounts like £ 15,001 to £ 25,000 with a lowest rate of 7.6 APR.
Tesco bank makes available for the UK residents assured personal loans some times at a nominal charges on the next day also in case of special circumstances and borrowers fulfilling all the eligibility criteria of Tesco Bank.  The rate of interest your personal loan form Tesco bank is always fixed for the full term of repayment of your personal loan. You as borrower staying in UK can also decide upon the day of repayment every month according to your convenience , availability of salary every month.
Tesco Bank UK as approves your personal loan also offer you a short two month break, that is you get to repay only interest amount for tow months after the approval of your personal loan. This opportunity is optional as you as borrower have to repay this amount later on and this will be added to your EMI months for a alter date, that is your personal loan repayment period will be extended for next three months more.
The personal loan from Tesco Bank repayment period varies from any term from 12 months to 120 months. The rules also make it clear for UK residents that there will be an additional fee of fast delivery, next day loan at your door step, as £ 50, so if you need an urgent personal loan you can pay some extra money and get he loan faster. As the availing of personal loan is very quick the Tesco bank also follows rules for recovery of loans and with every delay in repayment or default in repaying your monthly amounts the bank charges a penalty fee of £ 12 . Early closure of your loan will also be charged with tow months interest extra as penalty for closing off of your personal loan sooner than the schedule for repayment.
This personal loan facility from Tesco Bank is only available for UK residents. 

Advance repayment Calculator- Reduce Home Loan Repayment Amount Simple Tip

Advance repayment a feasible option for saving lots of money every month on your home loan. Payment in advance literally means if you have the extra income you would be able to repay your EMI amount along with some more money extra to reduce the total repayment amount of your home  loan.
There may be an possibility in case of increased source of additional income source coming from other spouse salary, gift from friends and parents, or bonuses and tax savings which allow you to save some more extra money every month. This option would be very useful if you can reduce the burden of your home loan even in minimal amounts, as in the long run it would help you save a substantial amount.
Advanced repayment calculator is a simple easy tool to find out and calculate how much money you can save from your home loan by repaying some extra amount towards the repayment of your home loan. As mortgage loan calculators, EMI calculators and interest calculators this online advanced repayment calculator is a good option to calculate the amount of savings by additional repayment of money towards your home loan repayments. You may also consider paying a lump sum amount once, to reduce your mortgage, or you could calculate a extra amount for repayment along with your EMI every month. .There is no fixed amount of money listed and you can fill up the amount you feel you could possibly shell out every month and calculate how much you will save in the long run towards your home loan repayments, and of course how sooner you will be free from your mortgages .
All the Best from Rizwana!

04 December 2012

Jumbo Loans from Capital One - US Canada UK

Capital One a financial lending company , bank that offers a solution to all home loan and mortgage issues, offer loans from low to high, even in millions. Thus you can avail a jumbo loan from Capital One. You can get personal advice from Capital One financial mortgage consultants from them and get the best home loan for purchasing a home on loan. Capital One is one of the top ten largest banks based on deposits.
Capital One offers home loans upto $ 2 million, a jumbo home loans of larger amounts.  Lowest rates of interest is applied to conforming loans, and if you are purchasing a home in the upper end range, the selected areas where homes are costlier,  then you can avail high balance loans. Jumbo loans as the term suggests is Capital One offering large amount as loan, and it is understood that this loan would be available at a higher rate of interest. Here you are allowed to avail a home loan larger than the limit set by Capital One. Capital One also offers used and new car loans to customers.
Capital One also offers many other loan options according to the individual borrower needs and situations.  Co-operative loans which are available only for people staying in new York. Refi Plus loans for individuals, owners of homes,  facing current mortgage problems. Low income borrowers can avail a home loan from capital One by choosing the option of CRA loans especially for low income families.
Getting in touch with the representative of Capital One who can guide you and help you to choose the right option of repayment of your loan, get the largest amount of money as home loan for you and also help you in getting the best repayment schedule according to your monthly income. Getting prequalified for a home loan will give the message to the seller as a serious buyer and help you to get the best deal  on buying a new home.

SunNet Online Banking Home Loans USA

Suncoast Schools Federal Credit Union Sun Net online banking is a very easy way to apply and get any loan in the USA. With the banks motto, ‘where smart people keep their money’ SSFCU  have a very simple and informative website which allows the borrowers to apply for any type of loans with online loan calculators , very easy and convenient and reader friendly.
As some people still prefer the traditional way to apply for a home loan to take your application in person , the first hand filling and applying for a home loan the bank has their representatives who can guide you and can be contacted through their website or on phone. You may also enquire before hand about  NRI status and the facilities they provide for non resident Indians in terms of loans and other financial facilities.  The contact details are given on their website.  You can contact their representative SSFCU, SunTel, the credit unions touch stone phone system. You can also apply on your personal iphone , as with a few clicks your loan application form can be filled , less paper work and more convenience to the borrowers.
The SunNet banking Interest rates on lending amount, be it adjustable rates of interest, may vary according to changes in the APR (Annual Percentage Rate) with changes according to the index is the Wall Street Journal Prime Rate. So enquiring about the APR  before applying for a home loan will give a better picture on the amount of interest rate and total amount of repayment on your home loan.
Another very good feature is the online SunNet Banks fraudulent pages to get ready alerts to protect yourself from internet bank frauds and identity thefts. For first time home loan they have a proper guide that takes you from step by step towards your goal of buying your first home. A certified bank lender according to rules and fair practices the bank has many types of loans available.
It is always better to take help of a financial advisor before borrowing any type of loan as they will be a better guide for the first time home loan borrowers.

26 November 2012

Find US Banks for Home Loans

 If you wish to purchase a home on home loan in the US finding the right and best US  banks that offer you home loan becomes very important. The best bank that would offer you the maximum amount as home loan at a low rate of interest and of course with adjustable repayment schedules, a dream of every borrower.
With many US banks offering home loans with offers and lower rates it becomes difficult for a borrower to select the best home loan. Any borrower would like the documentation process speedier, some free services and the best repayment schedule that does not crunch on their monthly expenses. Many US banks have representatives that guide you for the best repayment plans according to your monthly expenses , with personal consultation they chalk out a figure that you can comfortably repay every month as installment without having to suffer much on the home front.
The best US home loan would also constitute of a fall back plan, usually referred as plan B, help during crises, where due to unexpected loss of job, sickness, or death of a spouse the bank guides you on other mortgage options to bring you out of your home loan as well as save you from losing your home to the lending finance company.
Lower rate of interest is very important as the amount of money as home loan is very big and also the loan repayment tenure is longer, 15, 20, 25 years, as the plan you choose for repaying your home loan. The down payment criteria is another important issue with every home purchaser in the US. Eligibility criteria when cleared you are off to get quick approval of your home loan , as a  result shift into your new home sooner.
Consider the US bank that requires minimum amount of paper work and time as the whole process becomes quiet stressful when carried for many months. Now many US banks have online websites that allow you to calculate the plan , the total amount you get as home loan and also the installment amount you will need to pay every month. This has become very easy and helpful for borrowers as they can plan before hand about the home loan and also discuss with  their family about the loan decision.

12 November 2012

Home Short Sale Tips from Bank of America

Bank of America Short sale facility is for those who are unable to repay their home loan and in fact cannot afford the home mortgages, thus resulting in selling off of the property on short notice and coming out of the debt to your home lender bank. The Bank of America short sale tips help borrowers to come out of their existing home loans, and also helps in assistance with the relocation funds so that the home owners can find a suitable place to live within their budget.
The main aim of the bank here is if the home you own is lesser than the amount of mortgage you have with the Bank of America thus selling the property will give a certain amount the bank can take and nullify your loan. Here the bank agrees to clear off the mortgage even if the money got by selling is lesser than the loan amount, thus stating that the bank will repay the excess remaining amount. In short sale you sell the property even though the amount of loan remaining to be repaid is larger. This step is to avoid the decision of foreclosure of your home loan as with this you lose the property to the bank you owe. You sell and settle the amount for lesser than you owe.
Short sales are considered when the property or home you have taken on home loan suddenly shows drop in rates. Thus reducing the total value of your home, and it may be such that the total value of your home may be lower that the amount of repayment remaining with the Bank of America. Also in cases of job loss or sudden death of a spouse such short sales are a simple way out for the home loan borrowers.
Here the situation is a win win one for the borrowers if they cannot afford the mortgage repayments they can with the help of short sale facility sell the home and the Bank of America also offers relocation funds to eligible borrowers.

07 November 2012

Buy Second Home in USA is this the Right Choice

Buying second homes in USA has become the priority for many individuals especially since property investments are coming out to be the leading from of investments that give sure returns. Is it profitable to buy a second home in USA, if you frequently travel to US and have to stay in resorts and hotels then it would be a wise decision to invest in a property in US.
Many US Banks offer home loans on properties for sale and distress sales.  With the eligibility criteria fulfilled you can avail a loan to buy property in US and avoid the total recurring expenditure you bear every time when you frequently visit the US for leisure or business trips. If you already have friends and relatives staying in the US countries or nearby would it be advisable to invest in another property spending $ in buying home, or would it be better to have a flat stay at some place and have the expenditure of staying saved. You may also consider  the other over head expenses like food , travel and miscellaneous expenses on still you would save a lot by saving the regular monthly maintenance costs of a new second home in US.
You may also find  the cheapest properties on sale in US and also any bank distress sales that the US bank representative may guide you of. Going through a reputed US bank for a home loan would assure you of the repayment schedules and also help you in case of unexpected difficulties or failure to repay an installment on time. If you travel to other countries for business, closer to US then would it be better to buy a property in a bigger foreign country as compared to smaller ones where homes would be cheaper. As rates in nearby and surrounding countries would be much lesser in value and costs. But if the property purchase is also from point of view as investment  it would be better to purchase a second home in a bigger country as, though here you invest more but you also get good returns very soon as the property value appreciates faster.
How frequently you need the place second home in US is another important criteria for your purchase. If you visit every forth night or every month then it would not be good to stay at some ones  place and it is a better choice to invest in a second home in US. Also if the business trips are company paid you have the advantage of getting all the reimbursements so you may as well invest in the second home property in US  and accept the amount as rental for the stay in your second home.  In the end you will own a property in US even if the job remains or not your property will surely appreciate in value. As for the home loan there are so many means where you can adjust repayments and any US bank representative can guide you for the same.

Financial pressure of repaying your Home Loan? Home Affordable Foreclosure Program Bank of America

The Bank of America with its home affordable foreclosure program helps individuals who are unable to bear the financial pressure of repaying their home loan. Situations like job loss, divorce or death of a spouse or any natural disaster may leave you without any hope of increasing your finances and with a commitment as large as a home loan it would sometimes be a sane decision to let go and close your home loan by selling off your property.
The bank of America representatives with this affordable foreclosure program guide individuals with foreclosures on loans and with their eligibility criteria fulfilled, any home loan borrower unable to repay their mortgage amounts can make use of this facility and sell off the property. The mortgage amounts as the Bank website states does not in any way hinder the process of foreclosure. The sale of property with the assistance of the Bank of America becomes easier and the total amount of money got from selling the property may even be less, less than the remaining home loan, but the recovery of loan is done and you are free from your loan, with the balance being paid by the bank.
Home  Affordable Foreclosure Alternatives HAFA program helps to sell off your property if your loan is more that the value of your home. The selling of property the Bank will recover its dues, and even if there is a difference, this will be waived, this is assured by the Bank of America.

03 November 2012

Community Bank NA Personal Loans

Community Bank NA personal loans are easy to apply and get approved and with online money transfer you can get personal loans for any need. With the banks eligibility criteria of credit history approval you can get loans for any purpose. Be it for the higher education of your children, your new car or home renovation a personal loan can be got by online banking.
Community Bank NA have their head quarter office in De Witt New York, with offices and branches in upstate New York. With online calculators the banks website has the disclaimer, that these online calculators are only for reference purposes, as a first guide for self knowledge, and that all financial advice must be done with guidance of established and qualified financial consultants.
Mortgage loan calculator, mortgage qualifier calculator, mortgage refinance calculator, savings calculator, compound savings calculator, simple loan calculator, and retirement plan calculator are some of the online calculators the Community banking NA have on their site. Automatic transfer of money from your account makes it easy to repay the loan to your bank and also money from any other bank. The home loan may be for new purchase or renovation or purchase of land. Raw land as the site states is one which has basic necessities, that is connections of water and electricity but only construction has not begun. You may also contact the bank for approval of loans to buy such land.
Any repayment plan that fits your salary and budget can be calculated and online transfer and repayment options make the process quite simple and convenient.

30 October 2012

Informed Art Buyer Today Choose Online Art - by Rizwana A Mundewadi Portfolio
Art collection has emerged as not only one for passion but also a step for investment. As art is emerging as a safe forms of investment that not only gives one satsifaction of owning an original but also over the years returns in financial terms.
Today the art collector is well informed and does not make impulsive purchases. In case you wish to buy art the best place would be to select a few reputed online art galleries or reputed art dealers who can guide you. Why I would prefer to buy from a reputed gallery, art is not in rate of peanuts, especially famous artists works cost a fortune, you just cannot risk the amount on a fake. Going through a reputed onine art gallery would assure you the authenticity of the painting and also help you to know the artist better by going through their profile as many times as you wish unlike meeting them personally which would be a one time session. The online gallery also would be a mediator in terms of communication with the artists and they would also help in negotiating the price of the painting if the artist is open to it, thus saving your money. 
I do love the online galleries and if buying art is concerned would prefer that I get my time alone to view the art , at different times, maybe within few days, months  again to see whether I really love this and then go ahead with the purchase, unlike when I visit a show I feel the prying eyes of the artists and maybe hope and expectation of a sale, and more too often they as we just glance in their direction.they just begin blah blah about themselves and their painting, just wait ... you cannot cheat on a sale, let the buyer take their time, as if they are interested they will come to you and if not howver much you try to convince they will close off on your conversation.
Recently a friend who wished to purchase art seeped through many online galleries and selected a piece in his budget, only to find that the painting was too large, they did get a print option. This usually happens when we just look at the images and forget to see the details provided. An informed art buyer today is aware that going through all the details is important before selecting any art. Many online art galleries have done this for you with online selectors that help you to provide details of your requriements, be it budget, size, media and availability of the piece you choose. So that you are not left feeling sorry when you love an art piece and find that the painting is sold, there are also print options if you wish to purchase art within budget as canvas and fine art paper prints come to much lower price ranges and you get to hang this piece in your home. Convenience counts today with fast paced life.
Art buyers today wait and then think and make a sane decision of buying art. As an artist I do love my online art galleries for the sheer reason that I do not have to make rounds of galleries spending money and time, and my gallery helps to promote my art to so many viewers. They are justified to take commission on the sales as they have administrative expenses in maintaining a website and providing web space to artists. Going through a art gallery for buying art would assure I get a genuine piece and with this channel would have some one to fall back on even while selling this art. Yes your online gallery also has a list of genuine art collectors who are on look out for good and appreciating in value art. The art buyer today would be willing to put money on new artists and buy cheaper works that would appreciate in value over time. And if budget permits they also would bet on safe artists,(read  famous) who already have a market value for their art. Art investment is emerging as a safer investment option with share market a risky one and only property investment that is increasing over the time. 
I personally feel buying art may have an emotional aspect but it is a sane decision, we love the piece and would love to share our life with this piece hanging on our walls, and viewing it for many years, enjoying the art and of course who knows after few years it would fetch you a fortune! 
On the personal front paintings again reviewed, only the best will remain  Clearing off the clutter, not clinging to every piece of  paper I have drawn or colored on. Considering repainting a few old canvases along with fresh ones. The journey continues and the Red Pilgrim coming to terms with my healing art, do i present myself as a magician,  or a simple pure soul, does my art represent  the desire of my heart for healing others...signing off , a few cubism artworks now for the time being, bigger paintings,  while I reconsider my reiki and me.
"If you love something the whole universe conspires to get it for you""
All the best, take care and God Bless! Portfolio

Get Prequalified for Home Loan Wells Fargo Bank NA

Buying a new home, holiday home, a foreclosure property you are interested in or a property for investment purposes abroad has become convenient by the Wells Fargo Bank's online calculators. With the list of simple online calculators you can apply and get prequalified for a home loan.  
The Wells Fargo Bank NA not only has calculators for estimated amount you can get as a loan but they also have legal advisors for other matters or issues related to your loan. Difficulties in repayment, adjustment of installments and EMIs as well as failure to repay the monthly installment all issues can be handled by the legal advisors and the Wells Fargo bank also has many loan modification programs for people unable to repay their home loan thus facilitating the process of repayment and thus saving your home.
The word Prequalification means the borrower can get a prequalification certificate, a legal paper that guarantees that the borrower will get a home loan from this bank. The bank assess your financial status by going through all financial documents and legally approves you for a certain amount you can borrow as a home loan in future. For this the bank will go through your total income and expenditure every month. This will include the total money coming in and not the amount of total salary, but the take home pay. The dependent members in your family and the compulsory expenses you have every month will also be assessed , your credit card statements, your total investments and assets which give a clear picture of your financial repayment capacity, and thus the bank will come up with a figure of amount you can repay if you take a home loan. According to financial advisors this Bank statement is usually legally valid for the next six months and this prequalification letter Wells Fargo Bank will facilitate the home loan process in case you apply for a home loan here and get a quick approval.
With the Wells Fargo Bank NA  a good point is you have the online currency calculator that keeps you up to date with the repayment schedules and the currency calculators converts the currency according to the total value everyday, so you get the right updated amount everyday as the currency rates change.

Home Affordable Modification program Bank of America

Bank of America has programs to help home loan borrowers who are unable to repay their monthly installments on time due to unexpected financial crunch or loss of job. Home Affordable program is a government program for helping individuals who are facing financial crises. Federal Government Home Loan Modification program, is in no way to close your loan, but a help to reduce the total amount paid as mortgage every month.
The Bank of America Home Modification program eligibility criteria is stated  as the home loan borrower facing any financial crises, divorce or death of a partner, which makes the other unable to meet the financial deadline of collecting the total amount of repayment of home loan every month. The trial three month period is worked out by the banks representatives and as this period, a trial is given if the home loan borrower is able to pay the monthly reduced EMIs. If this works out the home loan borrower, the Bank agreement will be signed and accepted as  a home loan modification case and the terms of your home loan will be revised according to the amount you can repay in your budget.
This is a welcome gesture from the Bank as home loan modifications helps the borrower to keep their home and also adjust their installments according to their budget.
All the Best from Rizwana!

28 October 2012

Unemployment and Home Loan Help Program by Bank of America

The Bank of America has a unique unemployment program for those who due to unexpected financial circumstances are not or could not pay back their monthly home loan EMIs on time.  With the Bank of America unemployment program, the bank’s representatives guide individual borrowers who are facing job problems and are also registered on the government as of status unemployed.
This Is a unique program which helps home loan borrowers who are unable to pay back monthly EMIs or have not paid  to get a grace period of twelve months while they are searching for job. This space provided allows the home loan borrowers to arrange for finances and find a job which will begin their monthly income. The bank of America unemployment program has certain eligibility criteria, the borrowers must be receiving unemployment benefits since past six months from government, and the home you are staying is your only residence property. In case the borrower does not fulfill this criteria for approval of the unemployment program it is better to first contact the banks representatives and home loan recoverers who will be able to guide and help to find out a way till your get a new job in the Unites States.
It is a breather provided as help for home loaners who face sudden loss of job or financial crises. The Home unemployment program is in no way to be confused as closure of home loan  or selling off of the property under consideration. The Bank of America is in no terms going to cancel the loan , or reduce the loan amount, just that there is a time gap of twelve months given for the home loan borrowers to get time and finding a new job.
According to the Bank of America website, clear picture of this program is available online with online calculators and eligibility criteria for this program. Repayments of the home loan will soon resume after the borrower gets a regular job and income, and here according to mutual consideration from the bank and the borrower, the borrower has to pay back a total amount remaining, or a collection of amount of EMIs that were unpaid, whatever is worked out. But this help matters a lot instead of losing your precious property and home. The time you get to tide over the financial crises while repaying your home loan is very important and help to save your home on a home loan. 

Three Month Trial Home Modification Program JP Morgan Chase NA for Saving Foreclosure Home

home loan modification program, JP Morgan Chase, one of the oldest banks in United States having a reputed name among lenders in many countries claim to have helped many to save their homes in the United States from foreclosure due to repayment of mortgage issues.  The JP Morgan Bank US claims to offer free service to all clients finding it difficult to repay their loans on time and are in condition of losing their homes.
They claim to have prevented almost half a million foreclosures since the past three years and with their three month trial program of repayment their representatives plan a guide for all clients for free. When financial crises sets in unexpectedly the most affected is your home loan. Crises can be in unexpected salary drop, losing a job, natural disasters and many other causes, which result in a financial crunch. With the inability to repay the home loan EMI on time and also no chance of situation changing the JP Morgan Bank trial tree month home loan modification program is a sure saver to many borrowers in the United States.
The JP Morgan Bank New York home loan modification program is a personalized guide for any financial crises and their representatives after consulting and considering your financial expenses, income and total assets guide you to a workable plan for repayment of mortgage. They consider not only the income available but also the other expense you are committed to and suggest a workable solution. The three month program allows the client to live with available finances and repay the loan amount also. This program is chalked out by considering all the sources of income, assets available and what amount can be collected by selling some assets, and also redirecting your loan to a better financial company with a reasonable interest rate option.
All the Best from Rizwana!

Romancing the Star - by Rizwana A Mundewadi Portfolio
Observing the stars , since past few years, the terrace garden, my small piece under the sky, connecting with God, my friend, himself, the guides, the nature spirits, the plants, the flowers, all these emotions, feelings all poured on the canvas, finished an abstract cubism artwork "enchanting garden".
The stars peeping between the clouds, shining bright, playing hide and seek, still and quiet, there is a spiritual belief that you connect with a star. A corresponding star, your friend in the sky, I have instantly connected with the most brightest star, and since the past six years as I get time before sunset and the dawn moments this star shining so bright amongst all the others, even when the sky is dull, cloudy, little foggy this star seems appearing so close to me, inspiration for another artwork..the formations among them, the relationships with one star and the other forming patterns, lines, shapes, triangles, connections...some known some unknown.. always being in mode of thanks giving to the universal life force,  and emotions of universal love in abundance, I thank God for being my friend, the one who always understands me, guides me, gives only the best for me, solitude , my choice.
I knew inspiration would come from the garden plants, nature spirits, but I did not want to make floral art. Avoiding the emotions since the past many years, keeping to my symbols, the new healing from fragrant flowers flowing from my heart, pouring on my canvas, going with the flow.. Portfolio

26 October 2012

Buy Second Home Miami Beach Tips for selecting Homes UK

Miami beach front is the best place any one can dream of owning a home. Having dream of buying a second home abroad, Miami is the best place with many new constructions coming up you may consider an ready possession apartment or one in under construction. What decisions will we need to first make before committing to a house or condo on Miami beach front. Though we all agree the cool breeze and the total fantasy view of Miami beach is out of this world certain important points must be well discussed and cleared before you think of investing in any property in the UK.
Budget and how far can you stretch it  when you really like a house in UK. Think about the total expenses you will have to face after the purchase of a new home on the beach front. Will this property home in UK be purchased on loan, will the UK bank offer you a home loan with their fulfilling criteria are you up to the mark. Once all your documents are in place and you have a decided budget that you can spend on this investment  cum holiday home go ahead and find, search for properties in your budget range only. As other wise you may be wasting time looking at lavish villas when you may be able to afford a condo or an apartment in UK, and also it may be the other way round, that you keep looking for small places which may not fulfill your requirements of a second holiday home in UK.
Customized flats and homes can be bought and you can save lots of $ money when you buy a home under construction in the UK. here you can before hand guide the builders of your room requirements and also the interiors,as many people I have seen purchase a new home and once they go for a vacation, to live, again break down all the walls and make new interiors. it would be sane to invest in an under construction property in UK or one that is nearing completion.
As you select a holiday second home or first home in UK also do consider the amenities you will require or are used to, as you will have to pay for this in the property value. Can you do away with the landscaped garden, gymnasium and other amenities provided or you are used to all this and need them even on vacation second home. If you need a simple home as second home in UK then think and view only such budget homes in the UK. Enquire, search , select and purchase a home in UK, an apartment, a condo on Miami beach front, great view, cool breeze, dream home.

25 October 2012

Invest Abroad in Property UK Important Tips

Property and second home investments are increasing day by day. As the prices of property here and abroad are going to increase and no chance for any reduction in home rates people who have the finances are also considering investing in second homes abroad.
UK, Australia, Europe and many small countries have competitive rates for housing. As many countries are open to offering home loans for buying property abroad NRIs can avail loans and buy property for investment in UK. If you are a travelling freak and love to visit different countries for vacations then this is the most sane decision. You save on spending on hotel staying costs and the property rate will always appreciate in value.
While investing abroad in property or second home it is always better to take advice and consult a financial advisor before beginning any foreign investments. The income tax deductions and payment, the concessions and tax savings or payments of extra taxes will also be considered while investing in any foreign property. Your total costs of purchase will be calculated in dollars and you will also need some savings account in a reputed UK  bank, for a few months before applying for a home loan for all financial dealings.
Again if you wish to lend the property for renting basis then you will need to follow the rules and terms and conditions for the same . Property consultants also advice you  can also get a good bargain by considering distress sales of property in smaller countries abroad, though you may need to enquire about their status of clearance of past loans and documents of that property. Also consider the total amount you earn after payment of taxes, maintenance of the property and additional cost you will have to bear over the years before buying any property for investment in the UK.

JP Morgan Chase New York for All Home Mortgage Repayment and Foreclosure Issues

JP Morgan Chase considered one of the top most and reputed banks by the American Banker, is a very good opportunity for all home loan repayment issues for borrowers in the United States. JP Morgan Chase United States an oldest bank with a history of 200 years of service providers, as the JP Morgan banks representatives claim they have helped save many homes in many countries of America by guiding and suggesting practical advice and tips for adjusting the EMI and making the EMIs affordable according to the income available by the borrowers, they are a reputed lenders who you can fall back on before going to part with your property for all loan repayment issues.
JP Morgan Chase US is a lending finance company which advices and gives free financial consultation to people in distress unable to repay their mortgages and loans. They claim to have helped many borrowers save their property by consulting with the clients and coming to terms with their financial condition and a workable home loan repayment schedule. With their home affordable programs they guide to prevent foreclosures and doing away with the loss of property and come to practical budget and affordable EMI amounts which the family can repay without much stress according to their available monthly income.
A team of representatives at the JP Morgan Chase New York Home Ownership Center personally help to understand the financial needs of the clients who are at verge of losing their homes and with collection of all documentation and available finances suggest a workable and practical solution to the repayment schedule. A low stress and practical amount of money is come down to, which the borrowers can repay and save their mortgaged homes. This practical plan, loan modification process is considered for few months at least three, if the borrowers are comfortable with the repayment modified amounts.

Negative Gearing Calculator meaning and Understanding Online calculators

Negative gearing calculator is a guide to potential investors who wish to invest in property abroad or at any place and gives the amount of estimated income from the investment. Online calculators are seen with every financial website and as a borrower or home buyer is free to use the online calculator with a few clicks they can get the estimated amount available for home loan, repayment schedules and also the adjustable loan repayment tenures. Negative gearing calculator is very important to understand whether the investment in property abroad is a sane decision or not, that is it must appreciate and increase our profit and not the other way, where we have to keep paying from our pockets for maintaining this property.
A negative gearing calculator is only a guide but a very good one as you can consider all the expense, known and unknown, for buying any property for investment abroad. The amount going out every month on  your home loan repayments (EMI) as interest , the amount for maintenance for the home or property you have bought and also the amount going as compulsory taxes on the investment property abroad. With the help of negative gearing calculator you can find out the total amount you have spent on buying the property and how much income you are earning from this property, as profit. Many people just jump off with some finances available for investment and buy property but this calculator helps to see the long term effect on this investment.
Not only the total amount you have paid for purchase and the rent you are getting, but also consider the total extra amounts you have to pay over the years, like the maintenance costs of your property, be it repairing of breakdown of equipment or extra costs for renovation of the place , all will add up to your money costs going out, also termed as operating costs.
Financial advisors advice that it is also important to see the rate of appreciation, assumption though,  for the  area you are investing in, with the total amount you are spending now on the property and at what rate the value of your property abroad is going to appreciate over the years. 

24 October 2012

Enjoy Vacation While Buying Property in UK

Vacation foreign country trips to UK are frequent and many fliers enjoy the additional bonuses and discounts on trips by their banks, financial investment companies, credit card companies and as this concession is beneficial during frequent visits to the UK, this also saves some amount on your air fare and is an opportunity to see a few sites for investment and enjoy the extra money saved. Enjoy vacation while buying a property in UK and you can select some if  it falls in your budget. Trips to the UK are becoming expensive with the air fare increasing and perks reducing, though air lines companies are offering many discounts for early bookings on flights any planned visit can save you much  money if you book air tickets in advance.
A new trend is being noticed since few years that people who travel to UK regularly for vacations or business are thinking of investing in small apartments or houses there. If you have the finances then it is better to invest in a property in UK, even though a small one or affordable housing range as you will benefit by saving regularly on the staying hotel costs. While you visit for investment purposes there is no need to be restricted to this only, you can enjoy the trip by combining a few sight seeing tours in the UK along with visiting property for buying.
There are also many financial loan lending companies and banks in the UK who are willing to arrange and guide you for the trips at concessional rates if you are a prospective buyer of property there. You may combine visiting property sites and along with that if there are some tourist sites they also can be enjoyed in the same costs and expenses of travelling. So enjoy a vacation while selecting properties for investment purposes in the UK.

Few practical tips for investment in Property purpose trips UK

A few practical tips for investment in properties located in UK can be handy in saving precious resources, time and money. Enquire, locate and finalize before hand the UK bank where you wish to do all the financial dealing from. All documents regarding money payments and if you wish to avail a loan from any UK bank enquiring about the documents required would save much time and hassles. Abroad when you visit for selecting and looking for property in UK avoid spending much time enquiring about financial loan lenders and contact any reputed UK banks agents or where you may have an savings account before going there physically, and their representatives can guide you for all financial dealings abroad.
Usually many people avoid combining family trips with investment trips, neither is complete! It so happens that you are either enjoying with your family, and thinking about the investment property or rather you are visiting a place to buy and mentally missing your family lunch! Be focused with your time and resources as you are spending in dollars and finally this will add up to the costs of purchasing a property in UK. Be selective in visiting places and houses for sale as again here, you are spending precious time and money by visiting many sites. Select few sites according to your requirements and budget, narrow down to only few in number, and visit only those apartments or houses.
Reputed property consultants advise to be prepared with the total amount first as when you finalize and select a property you would avoid wastage of time for arranging the total amount for buying a property for investment second home in UK. Also if you are prepared you are in a better place for negotiation and getting a good bargain deal for buying any property , as you can reduce the total lump sum amount for purchase.

23 October 2012

Overseas UK Trip for Investing in property

Overseas UK trip for investing in property is for the sole purpose of investment. People love to visit abroad and fights are always full during vacation times and when the season is pleasant in the UK. You may make this overseas trip abroad during off season and visit few properties and homes for sale.
Flats, villas, apartments are on sale in the UK and a good reputed financial manager or representative of any reputed UK bank representative can guide you about loans available. Your trip with the purpose of investment must be focused and avoid wastage of time by searching property on own. There is a risk of getting involved in fraud and bogus deals abroad. It is always better to be secure with a reputed British bank for financial purposes for guidance to a good bargain for buying property in UK.
Contact a reputed housing finance manager from any lender or Bank representative of any UK bank who are willing to offer home loan. Financial advisors also advice and guide you in this matter.
If your colleagues or managers have a property abroad then you can get first hand guidance about buying property in UK and also financial advice on payments and repayment, if you purchase on a loan. It is also sound advice for big companies who have to send representatives every few months abroad for business dealings,  as buying a flat or apartment would work out much reasonable and cheap in the long run , and property rates always appreciate!

Why Need for Tourism with a Purpose of Investment

Tourism with a purpose of investment is becoming more and more common as people go abroad for any vacation trips or work related trips which though official are inclusive of some sight seeing and local spots you can make this trip more fruitful by looking for property for second homes.
As you have already committed for the trip financially by keeping aside the amount required for stay and sight seeing, you may as well enjoy two benefits along way. Many people visit abroad for vacation purposes and as you visit every year and time and again you spend so much on the staying costs. We know costs are always rising and the same suite costs much more every year making you feel the pinch even more, though your family would feel otherwise.
As you cannot cut down on food and travelling there is one option if you are financially secure that you can buy a small place of your own in UK or any country abroad. There are UK banks who would be willing to offer you amounts on loan to buy property abroad in USA. Have this trip with a purpose of investment and as you enjoy the vacation visit some places for buying property. House or flat or a studio apartment can fulfill the required need for stay abroad for few days while you visit on personal vacation, family trip or official trip. And you can select a place according to your budget.
Property in the UK is also on a rise and though the costs comes in $ it is well worth the effort if you are a frequent flier and vacationer to the UK. Australia is also becoming the new hub for investing in property.
You will enjoy much much better on your next trip with a place of your own!

Florida Mortgage Home Equity Loans SunNet Online banking USA

Mortgage Home Equity Loans by SunNet online banking offer loans of different types to borrowers staying only in Florida. Competitive interest rates and flexible terms , you can borrow up to 80% of your mortgage needs with Sun Net banking. With adjustable rates of interest you can borrow on your property a loan amount proportionate to the cost of your property. The only point here is they only offer loans on properties and primary residences located in Florida. Only insured properties get a Home equity mortgage loan especially windstorm and flood insurance is considered compulsory by the online bank.
With a well equipped website informative and detailed description of all the details required for home loans, right from online loan calculators to application from and repayment schedules their online SunNet banking site is quite reader friendly and any NRI staying in Florida can avail this loan. You can easily go through their pages and find home loan information through your personal iphone before choosing the right home loan finance company. The terms and conditions on loan amount may vary but you can get help from their financial advisors.
Though approval is based on terms and conditions and final approval of  NRI home loan, or any type of loan,  would depend on the SunNet online banks terms and conditions. Be it their criteria of desired time you have stayed in USA or your employment terms and your bank statements. A certified bank lender SSFCU follows principles of lending according to the rules and fair practices and equal opportunity for all borrowers, according to law which is helpful as they have their terms and conditions on paper and also a working system for application, and approval of any types of loans, which again is very important especially during the long time of repayment years when the future is so unpredictable, any you may need help during a skipping of EMI or late EMI once in a while!  

SunNet Online Banking Home Loans USA

Suncoast Schools Federal Credit Union Sun Net online banking is a very easy way to apply and get any loan in the USA. With the banks motto, ‘where smart people keep their money’ SSFCU  have a very simple and informative website which allows the borrowers to apply for any type of loans with online loan calculators , very easy and convenient and reader friendly.
As some people still prefer the traditional way to apply for a home loan to take your application in person , the first hand filling and applying for a home loan the bank has their representatives who can guide you and can be contacted through their website or on phone. You may also enquire before hand about  NRI status and the facilities they provide for non resident Indians in terms of loans and other financial facilities.  The contact details are given on their website.  You can contact their representative SSFCU, SunTel, the credit unions touch stone phone system. You can also apply on your personal iphone , as with a few clicks your loan application form can be filled , less paper work and more convenience to the borrowers.
The SunNet banking Interest rates on lending amount, be it adjustable rates of interest, may vary according to changes in the APR (Annual Percentage Rate) with changes according to the index is the Wall Street Journal Prime Rate. So enquiring about the APR  before applying for a home loan will give a better picture on the amount of interest rate and total amount of repayment on your home loan.
Another very good feature is the online SunNet Banks fraudulent pages to get ready alerts to protect yourself from internet bank frauds and identity thefts. For first time home loan they have a proper guide that takes you from step by step towards your goal of buying your first home. A certified bank lender according to rules and fair practices the bank has many types of loans available.
It is always better to take help of a financial advisor before borrowing any type of loan as they will be a better guide for the first time home loan borrowers.

09 October 2012

Pick Up Facility for NRI Staying in UK Buying Property in India

Pick up facility for UK Indians who wish to purchase property in India is becoming common. As flat rates are exorbitant and no chance of falling or correction in home prices buyers who have the cash continue to purchase property and houses for investment purposes.As also with UK Indians who are wishing to invest and buy homes back in India continue to visit and select few good properties for investment purposes.
It is common  trend that pick up facilities are provided by the builders and developers for buyers so that they get the site place correct and as the journey is made comfortable the buyers are in open mind to choose such properties. First of all I have noticed that most lands for sale or Non agricultural land available are at far off places. It is not possible to travel by public transport and the only way to access such far off sites is by private vehicles and cars. Most NRI prefer that there is pick up facility as they are not familiar with all places in Mumbai or India in general and this also avoids their searching for properties and visiting places on their own. The vehicles usually Air conditioned have pick up facility from certain centres where the customers can reach at the appointed time with prior appointment.
In general a good option for investors who wish to buy property or land in India as they have no doubt to go through all the proceedings of searching, selecting , finalizing and buying property for investment, and all this is done in less time and hassles. On the outskirts of the city of Mumbai, Pune, or Nashik or Karjat there are many properties available for sale and if you wish to purchase land for building a farm house or villa bungalow you can purchase land at very cheap rates.
These contacts can be got from your estate agent or advertisements and you can fix prior appointment on telephone or email.The respective managers contact you and arrange for a free pick up from the centre at the given time. Usually the vehicles are spacious and good in condition and the managers take utmost care to make your journey visit to site the most comfortable one with music playing according to your tastes!
You have to be careful before committing to any deals on the site visit. However much you are tempted to buy the land or villa bungalows at the moment as you see it at first sight , do take pause break, do go home and think. Discuss with your financial advisor or friends back here. Try to talk with the manger regarding the rates, concessions available and the previous number of buyers who have invested in that area. They have offered the land or property at cheap rates, do enquire about the verification of land, of clear title and previous owners or original documents. And finally being an NRI what concession and facilities they offer you in terms of lumpsum reduction in amount for buying of property or availability of loans for NRIs staying in UK.

27 September 2012

Renting Flats in UK for NRI- Cheaper Option to Buying

While you stay in UK it is easiest to live on rent as the property rates are very high. Being an NRI on working or employment purposes renting a flat has less hassles and is easy on your pocket.
Home loans though available  UK NRIs falls to larger EMI (Equated Monthly Installments)amounts as the total home loan amount is very large. Also there is no point in committing yourself if you are just for work purposes in the UK and may later on think about settling down here. Living and purchasing property in UK is very costly affair and your purse strings have to be pulled too tight. As dollar rate is more in comparison with the Indian Rupee a home in the UK costs a fortune! If you are on a very good salary and highly qualified and do fulfill the criteria for selection and approval of home loans then you may consider many options for buying a home in the UK on loan. Otherwise ,especially in the beginning years of your stay in UK it is best to find a cozy place on rent. rents in the UK depend and vary on the locality and size of the flat available along with the area in which you wish to stay. Some upper end areas have much more higher end than in some budget home areas.
Renting flats in UK is an easy and cheap option and if you narrow down your search on the locality you may find a good place suitable for your needs. If finding the right apartment in UK is a problem with your working hours you can first brush up on the internet and select available options before committing yourself to any agent or housing society.
Colleagues and staff where you work may be able to guide you better in options for flats on rent, availability  of flats for rent, rental charges per month and also deposit amount in the UK. Though it is better to hire a reputed agent or mortgage broker in the UK as NRI rules and regulations would differ for NRIs but it is true they also charge a fee for the same. But another important aspect to consider would be finding availability of flats for NRIs as this would become tiresome if you find out personally enquiring in places known to you and your friends. Time and travelling becomes a hassle and may further increase expenses which leaves you with the option of a guided tour of flats and visiting selected few under guidance of a good reputed broker.

17 September 2012

NRI First Home Loan in UK Simple Advice

Applying for your first home loan in UK being an NRI is a journey in itself. Owning the right home and in your budget is what every NRI who has shifted to the UK or USA wishes. To get the best deal in home buying and home loan at a reasonably lowest rate of interest is what every NRI borrower of home loan dreams of. Here is some simple advice for first time home loan borrowers staying in the UK or USA.
 There are many online home loan calculators and may financial housing companies that have well organised websites for your to brush up. The first take on home loans would be to brush up the internet and see what options you have in terms of lenders and mortgage brokers. You will have to find out which financial loan lending companies are willing to offer home loans to NRIs and what prerequisite is required for the same. As we know that every broker will charge commissions but being an NRI and staying in the UK or USA , you may not be aware of all the rules and terms or home loans and these qualified and reputed individuals from financial agencies and banks can guide you and also help in all the proceedings and approval of your first home loan.
There are plenty of free online calculators that allow you to fill up simple details and get the quotes for free, regarding your EMI amounts, interest rates and home loan tenures. Do use recognised and reputed sites only as you may need to share your details also.You will need guidance in opening your first savers account which is the priority base for any home loan for any NRI in the UK.
How much amount of loan can you borrow will depnd upon your work experience, qualifications and your identity proof as NRI. Your employment contract or job salary slips for past few months and your bank statements for the past six months along with your credit card statements, all will be required to act as proof. Before considering for any home loan you will have to assemble these documents beforehand.
It would also be better if you befriend other NRI friends or colleagues who have already availed a first home loan in the UK or USA and follow their personal advice.
A qualified mortgage broker can also guide you and help to hasten the process of your first home loan.Do remember to make clear the percentage of commissions  and other administrative costs as NRI to your home loan lending company representatives. Also find out and discuss the exact taxes levied and other extra expenses that you as an NRI will have to apply and get approved for a first home loan in UK. You may also notice that respective housing finance companies will lend only for certain properties that are certified  by them so do consider these properties only if you wish to get your home loan approved from these institutions when you as an NRI are selecting your first home in UK or USA.

14 September 2012

UK NRIs Advice for Renting Their Flats in India

UK NRIs staying and working in the UK who wish to keep their property from becoming a liability prefer to give their flats on rental basis. This not only helps them to keep their place in good condition but also generates revenue in terms of rent.
As Mumbai is becoming the most sought after place and flats on rent are available in many areas at rents ranging from few thousands to more there are always people who wish to stay on rent. Staying in the UK and well settled if you wish to offer your house on rental basis the first thing you must consider is to hire a good financial property consultant. Why hiring a consultant is necessary when your relatives or friendly neighbor can guide you to customers who wish to live on rent? you will also save on the commission money and rental documents?
Here is the important financial decision were you pay little and get more. Well by more I mean not more rent but peace of mind. You may get many people who wish to stay on rent but legal documents and papers are very important. Since you stay in the UK and it is not possible for you to come and visit India very often,as also, you cannot be physically present for maintenance of you flat it is very essential to have a reputed and reliable source, a good financial property dealer in India.
The 'moving crowd' as are termed in financial terms for people staying on rent do not have a fixed destination. Some are on temporary jobs, some have shifted new in Mumbai, some are not financially sound whereas some just do not have lum sum amount for down payment to purchase a new flat.When you are trusting the person with your precious property and allowing them to stay in your flat you need to have the proper documents and legal papers clear. usually when relatives , friends and colleagues or neighbors refer a person for staying on rent , it is always the word of mouth. At first they may project that you are not trusting them and the world is not so bad and all are not thiefs! But here as you are staying in the UK and you may not be present always to keep an check on the rental procedures and rent amounts it is better to hire a good reliable property consultant who will not only guide you with all the procedures for offering your flat on rental basis but will also be happy to make all the documents for you.
Cases of theft and taking over of property have been on rise. Since you the owner are staying far off you are unable to keep in touch with your flat in India, mumbai. People staying on rent have started offering their names as owners after few years of staying in your flat.Sometimes they also start purchasing property or new home by taking home loan or by taking money by mortgaging your home!
In the procedures the consultants will find out the past and background of the people who have offered to stay on rent before selecting and finalizing the client for your flat. They will also check on the financial background of the client and also keep some documents or amount as fall back in adverse situations.You may keep in touch with these consultants on phone or email and they will keep you updated. There are many reputed financial agencies and property consultants and even reputed Indian banks who will guide you and make your static property into a money earning asset. All this with assurance of peace of mind.

29 August 2012

Quick Easy Approval of All Types of Loan in the UK

Home loans UK and Great Britain are available easily for all borrowers. If you have been staying in the UK and wish to purchase a home or renovate your home or for your children's higher education you can get all types of UK loans easily and quickly.
When you are dreaming for a home in the UK and have applied or are repaying  a home loan and you also need another loan for say home repairing, home renovation, unexpected issues,like your child's higher education you will have to consider applying for another loan. There are many  finance companies, private and Government approved that are willing to lend you money as loans.
Personal loans, business loans, consolidated loans and many more types of loans available for applying for a loan in the UK. There may be a wedding of a child, a home repair that needs urgent attention before the winter sets in, Unexpected expenses have a knack of coming up on wrong times, business losses , crises, sickness or vehicle repair may some times make you in need of large amounts of money. Paying a home loan EMI would be fixed and which would take away a part of your salary every month. There are many financial institutions who are willing to lend you ant types of loans in the UK. Many finance companies have made this process of application very easy as they have websites and any borrower can get any type of loan in UK with a quick glance online. Their websites have system support and guidance cells that help any types of customer to get information on loans UK. You can also use the online EMI calculator to get a thorough understanding of the repayment schedules and the amount you have to pay as EMI.
Do consider at what rate of interest the finance lending institution in UK is offering you a personal loan as this is always on a higher side. Though you can negotiate of the terms and conditions of repayment plans and increase loan repayment tenure in case the EMIs come out on a larger side. Important to consider a reputed finance lending company as quick and large loan lenders may want their money back as quickly as they lend you and you may also need to pay a higher rate of interest , though all this depends upon the severity of your need for money at that time, and we all know that time is important in crises situations and getting money at hand quickly may be very important.
All the Best from Rizwana!

Couple Not Stayed for More Than Three Years get UK NRI Home Loans

People who have been to the UK for job and do have all the employment details in hand, that is  the passport, identity proof, employment certificate, your salary slips ans of course your bank statements as an account holder in an UK bank, is all enough for you to get a home loan in UK.
Over the years there were many questions and criterion for selecting a prospective borrower NRI , from any other country staying in UK for employment purposes to get a home loan. Though there still are the procedures and formalities to be followed the rules can be bent for certain specific clients as borrowers of a home loan in UK to get a quick home loans and get it approved.
Many people who have joined on work in the UK having the required documents and work permit in place along with the document proof of identity and wish to apply for a home loan in the UK can find out lenders who are willing to offer home loans without fulfilling the required criteria of time for NRIs.Even f you have not worked for more than two or three years and have a good salary per month, this proof can get your UK home loan approved.
Try to research and ask for as many quotations from UK lenders as is possible and find out which housing finance companies are willing to lend you a home loan for buying a home in UK.If your spouse is also working this adds to your advantage as you can also show the salary proof of your spouse and this adds to your monthly incoming salary every month.There are many home loan lending companies and mortgage providers who would be happy to guide you and help you in fulfilling your dream of purchasing a home in the UK. You can also take the help of a good financial consultant of financial planner who will guide you for the same.
It is important to remember that if you are considering of taking a large amount as UK home loan do keep aside a respectable amount for your monthly expenses and unexpected expenses. Many couples in the UK get emotional and go in for purchase of a bigger home in the UK and as the home loan provider will get his installments as EMI every month you may have to sacrifice some other priorities in this case, which may affect your family life adversely. So do remember to use this salary proof to your advantage to get a UK home loan approved but take only that which you will be able to repay over the loan tenure. Maybe you can select a plan of repayment with smaller EMIs and longer loan repayment tenure.

23 August 2012

Why Take UK Home Loans from Reliable and Reputed Lenders

Many relatives being out of this country either for few years and some for more than few decades for work UK loans have helped many to achieves their dreams. Living away from home and setting up a new home when working in UK and foreign countries be it Asian countries or Western countries people do face the financial crunch to purchase a new home and home loans help immensely in collecting large sums for purchasing a new home in a foreign country.
Living abroad for more than five years then you are familiar with the country and its places. But if you are new on work permit or contract basis at first few months it is best to live on rent. Though interest rates for offering loans in the UK loans do not differ much from other countries an NRI would get home loan of large amount for less tenure. You must always inquire about the home loan lenders as you live in a foreign country. If on work basis and living on rent  you can provide all the documents related to your work permit, contract, your salary slip and bank statements for the past six months and avail a home loan from any UK housing finance company or bank.
Staying and working in UK you will have to balance your expenses and savings. If you wish to purchase a new home in UK or back home India  you must first open a savings account in a reputed UK bank. This is beneficial as this is a valid proof and can help you to get your home loan approved later on. Bank statements of past six months are valid proof to get your home loan approved in any country. You will also need the help of good consultants and property dealers who can guide you with UK properties and homes available on UK home loans. In the UK properties and homes are available in wide range of budget and a good property consultant can guide you with best and cheap deals amongst  the UK houses for sale and the lowest interest rate UK home loan.
While considering borrowing a home loan consult a good financial  consultant and select a good reputed lender as foreign country rules maybe different for NRI people. A good lender reputed lender will have all the procedures on paper and in case of any emergency or default in your side in repayment of the home loan they will not approach to harsh measures in recovery of the due home loan. A reputed home loan lender in the UK will also help you out in case of any financial temporary crunch or in case you wish a foreclosure of your loan. Since reputed lenders have been in business for many years and have a good reputation you can also refer to advice from your colleagues in UK and friend staying there about different financial options available to purchase a home in UK.
All the Best from Rizwana!

22 August 2012

How to Get Large Amount of Money as Home Loans for NRI

Non resident Indians are very lucky , not only in terms of getting earning in dollars but also for applying for a home loan. In the UK as well as other countries property rates are rising gradually. Owing a home can become a reality for many NRIs if they avail offers provided by UK financial home loan companies.
You being an NRI would apply for a home loan in India and get a certain amount of money as loan, with all documents in place. Being a non resident Indian if you purchase a home in UK you would definiately enquire about the banks and finance companies that are lending NRIs large sums of money as loans.
If you wish to purchase home back in India and would like a get a home loan, and if you like a larger amount of money as loan it is advisable to apply in the UK and get a home loan approved to purchase a plot or property in India. If you apply to any Indian bank or housing finance company that lend money as loan you would get a certain amount in rupee value. But if you apply for a home loan in UK  you will get the loan amount in dollars, which is definitely more in value than the rupee in the market.
In such a case where you will apply for a home loan in UK to purchase property home in India you will get maximum 85% of the home value or total property value price.Also do find out the rules for applying for an NRI home loan in the UK. You will also need to fulfill certain criteria for approval,  like be employed over a certain period of years for quick loan approval. Your passport details and your salary slips along with your job or employment certificate.  
You can avail a much larger loan amount in UK as compared to India as it will be in dollars if you fulfill the repayment criteria of the lending institution. If you have been working for more than five years then there is no question as you will be having all the documents in place, but if you have been recently transferred or on contract basis then do enquire with the bank for their lending criteria for approval of UK home loans. But do remember the loan amount may be larger but usually the lending institution lends home loans for a smaller period of time that is the loan repayment tenure will be less and thus the EMI amount would be larger also.
All the Best from Rizwana!

20 August 2012

Smallest Emi Offers - Understanding this offer on Home Loans

Home loans are a large amount and we understand that the decision of applying and approval and repayment of the home loan is a long term decision. A welcome change now is seen in the banks and finance housing sector companies here and abroad resorting to new concepts for increasing more movement in number of home loan borrowers.
The average middle call individual who is either single income or double income person sure sees  a sparkle of hope in this move. The inflation world wide and low sales in every sector the most affected industry has been the house construction industry and housing finance industry. As sales have been recorded very low and gradually diminishing with so many constructions on a stand still it was due from long time that a drastic measure be taken. Buyers and home loan borrowers were on a static action mode , wait and watch , as with such high rates of property it was just not possible to go in for a large home loan. the  risk of insecure future jobs and finance industries along with marketing industry on a low people from individual jobs sector were on a tight position to buy a new home.
One of the easiest criterion for selecting the best home loan and an important tip for an home loan applier would be to see, and understand and jump for any offers from housing finance home loan industry companies.  Lowest Emi offers are calculated according to the average income and salary earned by an individual. Targeting the average middle class as home buyers and home loan applicants the move from the lenders is to offer a reasonable EMI , that is the amount to be paid towards the repayment of your home loan every month. With the lending institution allowing 20% down payment a large sum of loan amount has to be repaid over pa period of 10, 20, to 25 years. Now since these plans have taken back stage and borrowers are still hesitating to apply for a home loan another way to lure more people to borrow money is to bring the amount going out as repayment as minimum, as low as can be worked out possible. By quoting this lowest EMI offer the borrower at a glance looks at the amount he/she needs to repay every month only. Small amounts every month can be easily saved for. the hitch here is the home loan will go on for a longer loan repayment tenure. Also it may be possible that the loan offered will be at a higher rate of interest. when selecting and opting for such an offer on your home loan do calculate the total amount you are paying for the purchase of your home. 
All the Best from Rizwana!

09 August 2012

South Africa Scenario of Home Loans in 2012, Quick Home Loans in South Africa

Home loans scenario has taken a vast change and as people keep expecting the home rates and home loan rates to lower there seems to be no light of hope in the near future.There is though a rate correction observed in the year 2012 among builders and construction companies.
Visiting many sites where new homes are being constructed in every country, especially the South Africa is showing great progress in offering home loans.A ray of light for budget homes in seen in the South African country and sales are beginning to increase though at a snails pace. In our city Mumbai, Going too far away in the suburbs was one option till last year 2010 which now seems futile. Even if you are willing to sacrifice precious energy and travelling time the homes constructed on the outskirts of the city also fall in the range of 30 to 40 lakh Indian rupees. The same case is happening in other countries. South Africa is emerging as a destination for cheap home purchase and also getting easy home loans.
Discussing with people we understand that Government poilicies regarding home rates and home loans , though revised is of no major consideration while purchaisng a new home. More and more people who really need new home are still unable to take the step of borrowing a home loan,as this is still very unaffordable. There are many housing finance companies in South Africa who are willing to offer loans to NRIs with the required employment proof and salary slips. The workers on contract basis can also get a home loan in South Africa if they have an account in the local South African Bank and the first step in applying for a home loan in South Africa, or in fact any loan is that you will need to open a bank account in any reputed South African Bank. Since all your documents required will need assembling and recording for applying for a home loan in South Africa , the most important being your identity proof, work permit contract documents with all details of your job and tenure of the work contract, salary slips and credit card statements in place you can easily get any loan from a South African loan lending institution.
Tips for getting any loans in South Africa Loans would be to first open an account in a reputed South African Bank, do keep the deposit money at hand first. You will have to enquire in any South African Bank about the amount they need as deposit or beginning amount for opening an bank account. Keep your credit card statements up to date, and remember to have money remaining as balance in your credit card account, you will understand that any lender from South Africa would want to see your bills paid and still your salary remaining  in excess before offering you a home loan. Keep all expenses in check for few months prior to applying for any type of loan in South Africa so that your credit card statement shows more balance money and money saved from your total income.
Always find out about the loan lending company and select a reputed finance company in South Africa for any type of loan as they have a regular format for offering loans and this corms handy when any thing unexpected happens during the loan repayment tenure,as in case of failure to repay the EMI on time, a reputed South African loan lending company would not fall to undue pressures for loan recovery and would offer you help during such situations by either offering more time or skipping EMI for a certain period or also in case of death of a spouse or the borrower, considering all options in your favor, and also as last resort helping in closing of your home loan with minimum hassles.
All the Best from Rizwana!

16 July 2012

Fresh New Developments in Home Buying and Home Loan Industry

There is a gradual change and slow movement observed in the home industry and home loans market. After the long silence it is a welcome change for the builders and the home loan finance industry. As we move in any direction east, west, south or north, Mumbai or the outskirts, everywhere we see constructions going on and even though here was a lull in the market since the past few years due to Government and Reserve Bank rules and regulations there is a welcomign change being seen now.
As the government too has reduced the burdens loaded on the builders so also the home loan industry is offering new low price quotations and offers for the buyers and home loan borrowers.With reduced interest rates, and many warding off totally the prepayment penalty with new latest amenities offered at the same price per square foot the customers are preparing to make their move. Still necessity, an own  place to stay,  is the only decision maker and where customers are concerned. The investment buyers are the same , they need not worry about interest rates or the high rates of homes as they have the excess money and they need to invest! and this movement of clientele though minimalistic has continued over the years.
With the DNA and the Times quoting alarming figures of vacant flats it is sure something to think about with the heavy construction going on in full swing. Why are the builders taking huge loans and continuing to produce houses which are lying vacant, the meaning of affordable has changed over the years, what was 8 to 10 lakh affordable housing has now shifted to minimum 25 to 30 lakhs in the affordable range, that too on the outskirts of the city!
As we enquire about rates of area per square foot , yes there is a correction in rates of houses as compared to few years back. The builders better correct off now or fear of losing the customer to other housing complexes who are willing to offer concessions and also bargain in the total rates of flats. With the home loan departments and housing finance institutions there is a welcoming change seen by many financing companies offering low rate of interest loans and making way for new borrowers by relaxing many rules. The fear of penalty for foreclosure of a home loan was an important aspect for any borrower and the swaying off of this penalty fee has brought in new customers as borrowers in the market. This option allows the borrowers to take any loan on car, flat, land or renovation and redevelopment and repay it as soon as they have finance available. This way they save off on the money paid as interest over the full home loan tenure. This rule must be implemented universally by all housing finance companies. Home loan transfers will reduce dramatically by this move.
People still believe in the sanctity of having an own home and struggle for the same and relaxed home rates and home loan rates would be a sure welcome move by the Government and the Housing finance companies.
All in all it feels nice to see people shifting and happy in their new homes, after the long lull of empty spaces, constructions of four walls and no humans around!,  we hope to see many satisfied and happy people in their own homes soon!

20 May 2012

NA Plots for Sale a Feasibile Option for Building Houses

With buying homes becoming out of reach for many and home loan rates shooting the sky there is another feasible solution coming up. Buying of land. Land purchase is another option where people are opting to purchase land on the outskirts or in their native place and as their budget permits they build their own bungalow, ground plus one floor, duplex or even some get the approval and build tall buildings on this land.
There are few very important points to consider when you go in for purchasing plots for sale.
1)First see the documents whether the land has clear title. The owner has to have clear title of the land they are selling. The land must be on name of the owner, or seller, and if there are a group of owners they must all be mentioned in the deeds and approval for selling by all of them.
2) The land must be NA plot,  non-agricultural.The land must have the permission from the Government to build houses and must be clear of the title of agricultural land. All land is agricultural on the outskirts and approval is required to allow construction to come up. If not you will have to get the approval by submitting all the documents and get the approval before you can begin construction on such agricultural land.
3) Selecting a plot consider the environment, surroundings and facilities provided by the seller. The local village is near or far off. All daily necessities can be taken care of like electricity, water and in fact there have been cases where many plots are sold when there is no road or access to the plot!
4) Loan facility for purchasing NA plots is also available with many housing agencies. Many sellers have tie up with housing finance companies and you get loan to purchase land or plot. If you wish to give the total payment do ask for a reduction in the cost of plot, you can avail great offers and concessions when you are willing to make total payment at one time for purchasing a plot.
5) Get receipts of payment after your deal. You have to be careful if the plot has not get the approval of NA from Government and whether this is in progress you get a memorandum of understanding by the seller which states that the land has been transferred into your name, the buyer of the land.