If you would like to buy a property or two, please raise your hand. If you love wading through red tape and bureaucracy, please raise your hand. If you enjoy spending ages on hold and doing endless administration and filling out forms, raise your hand. If uncertainty and putting your life on hold gives you a thrill, raise your hand. If you only did so right in the beginning and the other statements leave you feeling dizzy, this article is for you.
The season is turning. Winter is coming. Soon, your hollow-boned teenager will need a new winter school uniform. The world might have been brought to a standstill for months, but it did not stop your kids from growing taller. You may only need half a smart outfit and bunny slippers to conduct your zoom meetings but not so your kids – at least on alternate days.
Some feel cheated. We were told ‘this lockdown thing’ will come to an end, and yes, we knew it would not quite mean business to usual, but THIS unusual? And for how long, THIS time? Anger and frustration, fueled by denied addictions and proclivities, are rising. Scathing memes and poisonous comments are setting Facebook and social media on fire. There are growing accusations of class and race prejudice from all sides.
Buying a house is a scary prospect and may be something that you have put on the back burner. You may tell yourself that you are being wise – after all the current economic climate is dicey and you may worry about the future. However, do you know that should you buy a house, you not only save on rent (in other words paying someone else’s bond) but your asset may well make a profit after the first year? This means it is one of the better debts you may enter into in your life time. Admit it, the vast majority of us yearn for a place to call our own…
How is your credit rating determined? Your Credit Bureau score is calculated using a formula that evaluates how well or how badly you pay your bills, how much debt you carry and how all of that stacks up against other borrowers. The lower your scores, the less you stand a chance of obtaining a loan or other financing.