Posted on October 15, 2021Categories Education, Investment 101, Real estate   Leave a comment on What Is an All-Cash Offer for a House?

What Is an All-Cash Offer for a House?

If you’ve ever seen a real estate programme, especially one that focuses on the high end market, you’ve almost certainly heard many allusions to all-cash bids. In today’s market, when inventory is scarce and bidding wars are common, all-cash bids are a popular method for buyers to participate.

You may be wondering what this implies.

There is a hidden benefit from an all offer that you may be unaware of—you may still qualify for a mortgage.

An All-Cash Offer’s Fundamentals
An all-cash offer indicates that the buyer intends to pay cash for the property on which they are making a bid. The critical point is that the buyer can demonstrate that they have the funds in their bank account to do so. A cash offer is attractive to a seller since it expedites the transaction and minimises the possibility of anything going wrong all along way.

If a buyer intends to get financing, they pose a greater risk to the seller. The lesser the financing required in a transaction, the better for the seller.

If someone purchases a house for investment without financing, they will either use a cashier’s check or electronically transfer the money.

Due to the absence of a lender, cash transactions often close considerably quicker. These transactions may be completed in as little as two weeks if required. Two weeks is exactly enough time to empty any liens, complete the paperwork, and arrange for insurance.

The typical closing time for a financed transaction in which the buyer obtains a mortgage is at least 3 months. Closing may take up to 45 to 60 days.

The All-Cash Purchase of a House
If someone is buying a home entirely with cash, the following procedures are often taken:

The first stage is for the seller to accept the buyer’s offer, followed by the completion of a Buyer and Seller Agreement. This is also referred to as contracting.

Following that, the next stage is to verify the evidence of money. If you are the selling, you must ensure that your buyer has the cash they claim to possess. You may request original investment, which is typically between 1% and 2% of the selling price. You may then seek evidence of money in the form of investment bank statements. This is something that a realtor can assist you with.

You’ll need to employ a title and escrow firm, or the buyer may be liable, depending on state in which you live. The title firm ensures that there are no outstanding liens and will handle title insurance. On closing day, a title firm ensures that ownership is properly transferred. The escrow firm is in charge of closing papers and money transmission. Additionally, they are in charge of preparing legal documents.

Buyers may submit an inspection contingency to their officer, which means they may be able to renegotiate the selling price or seek repairs based on what is discovered during the inspection. An example would be for a buyer to purchase a property at The Gazania which is a condo located beside Bartley MRT Station.

Then it’s time to go through the closing papers and sign them. Even if the transaction is all cash, you may anticipate a considerable quantity of documentation.

Is It Possible to Compete if You Require a Mortgage?
True, buyers prefer all-cash purchasers, much more so today in a seller’s market. There are many methods to qualify for the all offer while still utilising a loan.

For instance, some lenders provide what is known as decision-now approval. While this is not precisely cash, it may have the similar advantages in the viewpoint of a seller due to the fact that it is backed by an underwritten preapproval. This indicates that the loan has been funded and the lender has verified that the remaining balance of the sales price has been properly accounted for.

The buyer may then remove financing conditions from their offer without fear of losing their earnest money, since they have already obtained a mortgage.

Depending on the lender’s terms, this may make you a prospective buyer nearly as good like all. But take extra care as not all the developers in Singapore allows mortgages for long term. Developer Singhaiyi for Gazania says that in order for the loan to take place, there will be more documents needed

Finally, if you go that route, you’ll need to search around for a lender that offers upfront underwriting, since not all do.

Posted on August 26, 2021October 4, 2021Categories Investment 101, Real estate   Leave a comment on Real Estate Investment Update – Canninghill Piers

Real Estate Investment Update – Canninghill Piers

City Developments Limited and Capitaland Limited (Capitaland) announced in a joint announcement that Ascott Residences Trust (Ascott Reit) has joined a consortium to develop Canninghill Piers Showflat, which is scheduled to open in 2024.

Factsheet of condo

The proposed integrated development will span three floors and contain 700 residential units, a commercial component, and a hotel service residence with a hotel license.

The Canning Hill Piers site is collaborating with City Development Limited, CDL, Capital, and Ascott Residence Trust to develop the Canning Hill Piers site as an integrated development.

Canninghill Piers, located on the historic Fort Canning Hill in the iconic Singapore River District, will be part of an integrated development. It will include a commercial component with a retail R&B business called CanningHill Square, a Marriott International Moxy hotel, and a Somerset hotel service residence.

The site will be transformed to accommodate a 99-year lease for a mixed-use residential and commercial building, as well as a Moxy hotel operating under the Marriott International and Somerset brands, as well as a service residence.

Canning Hill Pier Residential and Canninghill Square Commercial are located on the former site of the Liang Court Shopping Center, Novotel Clarke Quay Hotel, Somerset Liang Court Service Residence, and Canninghill Square Commercial.

The new integrated development on the former Liang Court site is expected to generate significant interest from domestic and international buyers, bolstered by growing optimism about the vaccine’s introduction, strengthening Singapore’s economy, and growing investor confidence.

City Developments, Capitaland, and Ascott Residence Trust are developing Liang Court at Clarke Quay, including a commercial component, a hotel, and service residences. The new development consists of the former Liang Court Mall, the Novotel Singapore, the Clarke Quays Hotel Somerset, the Liang Court Singapore, and a service house.

Intergrated Development

The new integrated development on the former Liang Court site represents a once-in-a-generation opportunity to acquire a property with the same capital appreciation potential as the Singapore River development in the coming years.

Canninghill Piers is located in the historic Canning Hill Fort and the iconic Singapore River District 6, connected to the historic Fort via the Downtown Line MRT Station (F / B) and Lifestyle Destination Clarke Quay.

Its redevelopment provides capital and valuable opportunities for the development of an upscale riverfront residential community with breathtaking views of the river and downtown.

Canninghill Piers is a mixed-use development located on River Valley Road in Clarke Quay, close to the district’s highest return on investment. Canninghill Pier is a landmark integrated development along Orchard Road in Singapore’s Central Business District (CBD).

It is scheduled to open in October 2021. It encompasses 129,254 square feet and consists of two residential towers with 696 units, a commercial component with R&B and retail outlets, and the appropriately named CanningHill Square Hotel, which is operated by Marriott International Services under the Marriott brand and registered as Somerset Residence and Hotel.


Situated atop the former site of Liang Court, the elegant Canning Hill Piers location offers breathtaking views of the Singapore River, city panoramas, easy access to the central business district, world-class retail on Orchard Road, vibrant Clarke Quay nightlife near Robertson Quay, and the lush tranquility of Fort Canning Park, to name a few.

Picture of Clark Quay

The most appealing feature of Canninghill Piers is its central business district location, which appeals to buyers looking for developments within a few minutes’ drive of their workplace.

River Valley is close to shopping malls, MRT stations, schools, parks, and other areas such as Orchard, Clarke Quay, and Marina Bay.

Additionally, investors seeking development opportunities will find numerous local grocery stores at Canning Hill Piers and Capital and a short drive from Newton Food Center.

Residents can anticipate more residential units being built in the river valley in the future. The revitalized riverfront property is expected to spur social activity, while the proposed integrated development will enhance pedestrian access along the Singapore River.

Future Masterplan

In the longer term, the Government announced in its 2019 Master Plan a plan to improve the district’s connectivity by connecting Fort Canning Park to the riverside settlements.

This route will also link to Pearls Hill City Park via a continuous hill-to-hill link, providing the public with a seamless belt for leisure and recreation.

The Singapore River Planning Area is well-connected by public transport, with direct access to the MRT station at Fort Canning Park

Developer Updates

CDL reveal on 01/10 that the showflat will launch at the end of oct. Interested buyers and clients may register with the develper sales team.

Posted on July 13, 2021Categories Education, Investment 101   Leave a comment on Learn to Invest 101 – Real Estate Vs Reits

Learn to Invest 101 – Real Estate Vs Reits

There are four ways to generate and build wealth with real estate: Tax Savings, Loans, Amortization, Cash Flow, and Appreciation. The more you buy real estate, the more you save and the faster you can achieve your goals by investing in real estate.

There are various ways to build wealth through real estate investing. My goal with this article is to show you that although no investment is risk-free and can never be guaranteed, there are many benefits to investing in real estate and reducing the risk.

This article will explain how to build wealth through real estate investing. Real estate is a sound investment that has the potential to provide stable income and create wealth. There is no shortcut to making money or getting rich in real estate, but you can build wealth by investing wisely.

If you want to get deeper into real estate, investing in a Real Estate Investment Trust (REIT) can provide exposure to the market without the cost or commitment of buying your property. Real Estate Investment Trusts (REITs) are created when companies or trusts are formed to use investors’ money to buy, operate and sell income-producing real estate. A Real Estate Limited Partnership (RELP) gives investors a diversified portfolio of real estate investments and the capability to pool their funds with other investors to buy, lease, develop or sell hard-to-manage or affordable properties.

One of the crucial ways for investors to make money in real estate is to become landlords of rental properties. Real estate investors seek to profit from the real estate market by buying, selling, renting or leasing properties. However, real estate investors have many other options for choosing an investment, and it’s not just physical real estate.

There are numerous real estate investment strategies, and many real estate investors combine one or more of them to build the portfolio they want. Direct real estate investments include buying a home, rental properties, and fixed or relocated properties. For pure investment plays that don’t involve hands-on management, you can consist of real estate crowdfunding, funding in real estate limited partnerships, and buying real estate investment trusts.

Real estate crowdfunding, financing in real estate limited partnerships and acquiring into real estate investment trusts reduce the risk of investing in large projects without guidance. There are two main ways to make money in real estate: Appreciation, which increases the value of a property over a while, and rental income, which is earned by leasing a property to tenants. Instead of selling the property to other investors, you can invest in a real estate investment trust that shares the property and is managed by others.

Considering all the benefits of investing in real estate, including inflation, it’s surprising that more people don’t take the steps necessary to own as much real estate as they should. The key to managing inflation to develop wealth into real estate is that most of your most common significant expenses (mortgages and property taxes) are bound for most of the time you own real estate. You will find that the wealthiest real estate investors prefer to buy commercial real estate and multi-family properties.

Real estate provides you and your family with a tax-free source of passive income, a safe investment portfolio, and beautiful properties. As a real estate investor, you can use a tax code called 1031 to exchange or sell investments in real estate and use the profits to buy new properties of equal or more excellent value. Each year, you can write off between 1% and 2.75% of the value of the income you earn on each residential property you invest in.

Investing in real estate is a proven approach to making money, just like any other business, but it comes with risks. I hope I have shed light on some of the reasons to invest in real estate to grow your wealth. Active real estate investing requires the investor to help manage their property.

One of the best parts of real estate investing is the fact that you not only have cash flow, but you also pay off your loan balance and your payments to the bank. Paying off your loans is how real estate investing works, and increasing your net worth through payments brings you one step closer to financial freedom. The great thing about investing in real estate is that you can invest with enough persistence to build wealth without waiting a lifetime for your savings to grow.

Focusing on the importance of long-term cash flows and gradual appreciation of real estate is the best way to achieve returns with real estate investing. Conservative use of leverage allows real estate investors to increase returns and grow their rental property holdings without using other people’s money. In this second edition, investors learn new strategies for investing in single-family homes and rental properties, including chapters on real estate market cycles, real estate financing, and why a long-term focus on cash flow appreciation is key to building wealth.

If you’re familiar with what we teach at Ramsey, you may be wondering how investing in real estate fits into the seven baby steps of your overall wealth plan. Learning Real Estate 101 includes learning about different financing strategies, including investing in real estate with money from bad loans. If you agree with any combination of these statements, it’s a great way to familiarize yourself with Real Estate 101 and explore the basics of investing in real estate.

Posted on July 13, 2021Categories Education, Investment 101   Leave a comment on Price Of Education – Worthy Investment?

Price Of Education – Worthy Investment?

One-fifth of students who were admitted to but declined their desired colleges and institutions in 2016 cited the expense of attendance, according to new data from Royall & Co., which is an enrollment management and alumni fundraising arm of EAB. Nearly 18% of those who turned down their first-choice school said cost was a significant factor in their decision. While a high percentage of students named the price as their primary concern, the next most popular option was the campus environment, which was favored by 9.4 percent of the student population.

The majority of students, who had applied for financial aid from other institutions, cited it in support of their request. In addition to those who for various reasons did not attend the institution of their first choice, many other students who did not attend the college of their first choice cited many additional reasons for the cost. The findings also suggest that students who didn’t opt for the college or university they were admitted to cited financial considerations and anticipated financial commitment to education as reasons for not choosing that institution in the autumn.

Universities claim they require additional funding to pay for costly programs. The business school at the University of Illinois, Urbana-Champaign, charges students studying English $5,000 extra in tuition, which is 42% more than last year. Students who are pursuing a major in the arts have to pay an additional $1,600, and that money does not include art equipment for certain classes.

Students will face higher tuition fees for some courses at the University of Iowa, Iowa State University, and Purdue University. Differential pricing has been described as an alternative to flat tuition fees, in that it encourages students from different socioeconomic backgrounds to attend the same university.

The sticker price represents one aspect of the overall cost of a college education. However, net price – the amount students and families pay after financial aid is deducted – is a far more accurate way to represent the cost of college. According to the College Board, students at private colleges may expect to spend between $2,870 and $3,400 in unbilled expenses for the 2020-2021 academic year.

For several reasons, including stronger demand, rising financial aid, the scarcity of state financing, and an increase in student enrolment, college tuition costs have increased. College costs appear daunting, but numerous pricing levels exist, and financial help may be able to decrease the entire cost. One expert claims that a college degree today is more valuable than it was ten years ago because of the cost.

When it comes to the ultimate cost driver, Vedder adds, it is the sheer number of people seeking for college education who influence the final price. A rise in enrolment has caused a growth in financial aid programs, necessitating larger budgets for faculty and university operations, and a decline in state government funding. Because of the amount of students who are choosing to go to college, the benefits of college are believed to outweigh the considerable costs.

Analyses suggest that a significant portion of the surge in college fees over the last decade is due to the ongoing COVID-19 epidemic, which makes higher education out of reach for most. around 7% of respondents had to leave out or pursue full-time employment or alternative schooling, according to a June 2020 poll of approximately 10,000 freshmen, sophomores, and juniors at more than 200 schools and universities. Student demand for higher education has increased, pushing up expenses and prompting more students to borrow money to pay for it.

Student enrollment in compulsory courses has been limited by school budget restrictions. Two-thirds of California State University students were unable to complete their required courses, according to a 2010 survey by the University of California Civil Rights Project. Nearly half of community college students must relearn basic topics like arithmetic and reading since they acquired these subjects in high school. Tuition generally comes to mind when people think about the cost of college. Approximately three out of four college students in the U.S. attend a public college. College costs are thus due primarily to politics, not economics.

I was surprised when I found out how much tuition and all the other expenditures like housing, food, and textbooks cost when I was getting ready to go to college.

For the 2017 school year, the cost of tuition at four-year colleges was approximately $7,000 each semester. Columbia University is apparently the most expensive college in the United States, which costs $61,000 per year for the 2018-2019 school year. The price of living in New York City is high, and Columbia University is not an exception.

We have discovered that nearly all of the money that goes to America’s colleges is spent on things like paying staff and faculty, rather than on food services. The U.S. spends more on college students than all other countries save Luxembourg except for fringe benefits. As expensive as it would be, the cost would be $23,000 per student each year, which is equal to the spending of Finland, Sweden, and Germany on only the basic perks.

About half of parents expect their children to pay for their expenditures, according to a recent survey by Discover Student Loan. Cost of attendance is an estimate of the overall cost of attending a college or university for a year, excluding scholarships and subsidies (COA). On the other hand, though, most institutions list attendance figures on their websites that include tuition, lodging, meals, and books, rather than focusing on the whole price of attendance.

Posted on May 15, 2021July 13, 2021Categories Math 101   Leave a comment on Mathematics – Skill or Chore

Mathematics – Skill or Chore

Without an understanding of mathematics, it is difficult to get by in life. Even though we may not consciously realize it, we use mathematical concepts and skills every day without recognizing it since we solve mathematical issues all the time. It should not be surprised that mathematics has a strong impact on analytical skills because it helps to establish critical cerebral pathways for processing information.

The laws of mathematics are observed in the world, and that includes everything from the way we handle problems to the abilities we get by doing mathematics homework. To sum up, mathematics is crucial for both personal and professional success. Keep reading to learn about a few benefits of arithmetic.

While many people grumble that arithmetic is boring and difficult, having to do without it allows us to appreciate the world in a way we could not otherwise. A substantial amount of people (those who believe math is important and those who believe it is not) are in agreement that learning arithmetic is tough. Many individuals argue that math is irrelevant, saying that you don’t need it, or that it is more sophisticated than other fundamental mathematical principles that you live by.

Mathematics is a critical necessity in our society, and it has applications in many settings. Of course mathematics is used in all types of vocations, including musicians, accountants, fashion designers, and even mothers. Mathematics unifies the world and all things in it are bound together by it.

Maths is crucial for both scientists and engineers, as well as people who use such abilities every day. A great many of the world’s greatest technological achievements were built on the shoulders of engineering, science, and technology, and engineers and scientists in these professions have impressive mathematical abilities.

Mathematics grants people the capacity to comprehend and make sense of data. Mathematics is a method of practicing critical thinking, and by doing so, one can strengthen these talents. Students apply mathematical critical thinking when they describe ideas, formulas, and techniques when developing answers to challenging problems.

Children who are well-versed in mathematics develop intellectual discipline that carries over into daily life. Businesses presume that if kids can be taught to think critically, they will gain the ability to engage in business. People are much less likely to be able to live an independent life if basic math abilities are not taught in school.

When it comes to architecture, physics, computer programming, and accounting, math is employed in traditional and obvious ways. By taking an online math course, you will have a thorough understanding of math and how it applies to a variety of different fields, including business, science, and the social sciences. A course in mathematics offers several benefits for students. However, some vocations (such as law and medical practice) need the use of mathematics.

An applied math emphasis gives you the knowledge to deal with challenging real-world problems through the use of mathematical concepts. You can also use online math courses to communicate math in writing. Mathematics has proven itself useful in solving mathematical issues in practice. In order to best incorporate math concepts from an early age, strong math skills and understanding are required. Study and practice arithmetic in short ten-minute breaks throughout the day because that’s what helps you retain the information. Everyone should go into mathematics, including those who aren’t strong at it.

Math is crucial to gaining greater comprehension since it helps youngsters apply their information to their early understandings. We begin when youngsters are exposed to math concepts through language and realize that math and math concepts are intertwined. Mathematics helps them understand which things are near and far from them.

Many people tell their children that mathematics is unimportant and uninteresting, even though that’s just not true.

In order to have a strong academic foundation in math and science, one must become proficient at doing things like: formulating hypotheses, devising experiments, controlling and analyzing data, discovering patterns, looking for evidence and conclusions without proof, solving problems, being open to new information, and finding absolutes. By learning math and science, we gain an understanding of the world and a greater connection to God.

It is necessary to produce a great number of STEM (science, technology, engineering, and mathematics) professionals, such as engineers, scientists, mathematicians, and others. Mathematics not only generates more engineers and scientists, but also creative citizens. We feel that it is our objective to give our students the education skills that come with developing critical thinking and learning.

Learning math increases problem-solving skills is the most significant reason for doing so. Math can aid you in terms of time management, budgeting, and cooking. The growth mentality is the belief that it is possible to develop mathematical fluency.

You can obtain more information on our college by visiting our website by clicking the “Request More Information” button located on this page. A – A College Ready works to be part of a team that contributes to improving math education in Alabama by providing training to teachers. We are collaborating with the Alabama Department of Education and AMSTI to design education and administrative programs for principals and math teachers.

Getting the correct answer to a difficult arithmetic problem is something everyone has experienced. A position on why math is critical for students is expressed by Patrick Ratchford, professor and chair of mathematics. A fun way for him to get his math courses to practice active learning is for them to ask students why it is necessary to study arithmetic.

While the laws of mathematics are different in each case, they may be established by a set of eternal and immutable axioms that cannot be repudiated in any other discipline. Many regard mathematics as a sort of automobile, a computer, a tablet, an iPhone, toothpaste, fertilizer, life-saving medication, a car, a train, or an airline.