5 Strategies – Home Refinance
In this time, it is difficult for an employee with mediocre income to have a home. Besides difficulties to allocate its budget, the price of the house from time to time is also constantly increasing. The generally solution is to conduct housing loans, both at floating rates and fixed rate. However, there are actually several ways and creative strategies that can be done in order to have a home without having borrowing at bank. The first thing to do is to get acquainted with colleagues working in the world of real estate and property for your home refinance. It’s good for ease of affairs and knowledge surrounding the house and land, as well as enveloped legal factors. From them you can find out the type of home desired and location that you want and also the current and the future price, when you’ve been saving and investing. Once you know what kind of house that you want, you can implement creative strategies as follow.
The first is angel investors. It is the person or institution that would help you buying the home that you want, unconditionally and without usury. They are not concerned about site and help solely to fund your home refinance because they want to get a reward from God. It is rather difficult in this era today. However, if we are sensitive, there are always people like this around us. Even for them, the unknown, the happier they could help. Thus, you can repay each month without having overshadowed the fear of defaults and foreclosures, as commonly feared when paying through banks. All you need is the personal integrity to pay off the debts without the interest.
The second is saving the gold. If you already know the desired and price of house, we have to save up money to achieve these prices of home refinance. But the thing is, when you’ve got money that is saved for three years to buy a house, the house prices will soar more than you’ve tube. In other words, at any time you cannot have that dream home. The solution is to save your money in the form of gold. Thus, for example, you have 148 golden, where the purchasing power of the gold per August 5, 2013 AD is USD 2.03 million, a house worth 300 million within three years has increased quite significantly. We still can pay home refinance, there may even be able to buy the remainder for other furniture. After collected 148 gold coins, find homes whose owners want to be paid using the gold coins.
The third is investment in the real sector. If today you are accustomed to living with financial market investments or paper assets, with the growth rate of 15-30 percent per year, why not try to do business in the real sector by selling popular products in public. By becoming a distributor who has many agents and growing number of agents working for you, you will get the more profit of home refinance so you can buy your dream home later.
The fourth is property agent. The increasing number of upper-middle class runs fast from day to day. Housing needs are also increasingly. Automatically, the demand for an organized home seller or property agency is also increasing. This could be a creative way but it takes persistence to get a commission that ranges from 1-3% of the sale price of the house, which, if continued, you could buy your dream home.
The fifth is the sweat equity developer. It is not much to pursue a profession in the field of home refinance developers. Besides it needs time to understand its workflow to produce, is also not a bit of capital that must be removed. However, with sweat equity capital of developers, you can have a dream home. You can collect two types of owners, the owners of land and money owners, who would like to use for operational costs and promotion costs makeshift office. Then make a deal, if you can get a buyer – of course with the support of the financiers – then one of the houses built can belong to you. It takes at least two years to make it happen. At least during this time, you become more proficient in the property field and home refinance.