Before Take Mortgage, First Fix Your Finances
Real Estate May 3rd, 2010
Many things that non-administrative nature which need to be considered before taking a mortgage. That way you will feel comfortable when the mortgage payment each month.
What people need when buying a house? Of course they require no small amount of funds. These needs can be overcome with the help of a mortgage bank.
To get a mortgage fund, to be sure you as a prospective borrower must prepare all the requirements, both administrative requirements as well as non-administrative requirements.
As you well know, each debtor must surrender some administrative requirements demanded by banks. If you are working as private employees in a company then you are required to submit a pay stub or letter that you have worked at the company. In addition, you also must submit a copy of your account at the bank.
In addition to the above administrative requirements, non-administrative requirements you should look at least. This, according to Mike Rini (financial consultant from Safir Senduk and Co), at least will make you feel comfortable when the mortgage payment each month.
Mike adds, there are several non-administrative requirements to consider when taking mortgages to. At first glance, all three might be considered trivial. But if not addressed, the impact will come a time, whether his mortgage application was rejected or you are not able to pay mortgage payments every month. The third thing you should notice is as follows.
1. Pay off other debt
If you have other debt, should pay off first before taking a loan in the form of mortgages. Because mortgages are also a debt. So if you have other debts to the budget heading of your debt will increase a lot.
Debt in question can be credit card debt. You do not always wrong perceptions with credit card debt. Although you can pay credit card debt with minimum payments, but the rest of the debt it will multiply. Why does this happen? For the remaining debt will be paid a minimum of exposed flowers. The longer the flowers will be many more. As a result you will accumulate debt.
To prevent your debt amount does not increase, you should first pay off or reduce credit card bills. Also, try to pay the mortgage credit card debt in a timely fashion.
If you can pay debts on time, at least the flow of your finances can be controlled. From here you can also learn or get used to pay the mortgage debt on time. This will also affect when you will be paying mortgage installments. If you currently have on time to pay other debts so you at least on time to pay the mortgage installments.
According to Rini, who had worked as a credit analyst at a private bank, the bank that will provide mortgages will analyze the financial condition of the real you. They can check with other banks to see if you have debt in place. Thus if you have debts and late mortgage payments every month, then the bank will know.
When this happens, the bank will analyze that you really do not deserve credit or your mortgage application is rejected. The bank was afraid if the same thing happen again, that you do defaults on debt payment obligations.
For small value of debt, Rini advised to immediately pay it off. Like you have a debt to your friends. Although small nilanya, you should pay the debt is paid off before taking a mortgage so you no longer need to think about debt repayment.
2. Try to enter your income into account
The main requirements of a mortgage application can request verification escape from the bank is that you as a prospective borrower must have a stable source of income.
If you are currently working as private employees, usually monthly salary will be transferred to your account. It is this account other than your paycheck, which will see banks continue to prove your income every month.
But for you who work as self-employed or working as private employees with monthly salary is not transferred to the account, you should begin to enter the source of your opinion into account first. This step is done before you use such income for everyday purposes.
Terekamnya source of your income into your bank account, make your financial records neat so that they can convince the bank as a mortgage dealer to pass your request.
3. Control post your other debts
All expenditure items into your finances should be controlled. Likewise, the expenditure for the debt. You need to control this post in order to adjust the proportional expenses.
Instead, portions of your loan repayment is 33% or 1 / 3 of salary (some banks to determine 1 / 3 of take home pay) you each month. If you currently have other debt repayments, the amount of almost 1 / 3 of income, you should withdraw the intention to apply for mortgages. Why? Because financially, you really have not been able to pay the mortgage installments. It is feared by the bank because you can not pay the monthly mortgage installments. If you push it, the portion of your debts will be more than 1 / 3 of income and expenditure taking another portion. This of course can impair quality of your life.
When things like this, you should reduce your loan repayment portion first. After serving another installment debt is reduced and the amount of mortgage installments not more than 1 / 3 your income, then you can apply for a mortgage.
By considering the above 3 things, to believe that you will not experience financial difficulties in the mortgage payments unless there is something that happens to you, such as layoffs affected.
Some Things You Need To Remember
1. Do not take the amount of monthly mortgage payments exceed 33% of your earnings.
2. Take installment in a long time.
Choose which had Applying Housing Estate Management
Real Estate April 26th, 2010
To gain the trust of the community and keep the area so as not to change the master plan, should every developer has a system of management of housing areas or known by the term estate management (EM).
A region should get attention and special handling. If not, the region will grow so wildly disorganized. There have been many examples which shows a residential area that is not observed and monitored. The number of families who moved into a place of business functions is one result of weak supervision of an area.
Not only that, weak supervision can also lead to many buildings that house such as the provision violates the provisions of the Basic Coefficient Building (KDB) or line worth it Building (GSB). Therefore, surveillance of the building is very important to do so an area can look tidy and safe to live.
According to Ir. Imam S. Ernawi, M.Sc. (Head of Department of Policy Center for Settlement and Regional Infrastructure), supervision of the building should be handed over to local governments. But that does not allow its implementation. Because developers who clear land and build the region, should pengembanglah can see that the development of housing areas do not stray from his master.
Supervision of the developers are like this should be managed in a single concept which is often referred to as estate management (EM) or the management system of the area.
Management and Supervision
System management of the foreign area may still be heard. However, EM functions should be developed and implemented by each developer. “To gain the trust of the community and maintain the area so as not to change the master plan, should be every developer has a system of management of the housing area,” Wahyudi said Hadinata (Town Management Division Head Lippo Karawaci Tangerang).
EM own role not only as a supervisor but also as a housing manager who provides various services needed by citizens who live.
EM system run as it should be horizontal residential management. Currently managing a residential area is only aimed at vertical areas such as management of the apartment. Viewed from the function, the EM system should be run also on the horizontal shelters.
According to Wahyudi, EM in a developer is in charge of a division to serve the needs of citizens and institutions in the region. Particularly in maintaining and improving the value of an area. Because, many housing offered by the developer not only the buildings which form the main attraction but the value of a comfortable area inhabited also participated offered as an added value. Regions whose location has not “so” can be improved resale value when the area was well managed
Do Any Choosing Housing
Real Estate April 12th, 2010
Finding and choosing housing as well as looking for soul mate. Many things to consider when choosing the location.
Javanese older generation often equate home with “pulung”, that is grace for those who are soul mates. According to their beliefs, people who buy homes, both new homes and seken, means a “pulung”.
To be able to buy a house must have a certain effort from the person concerned because the house is not available so only for those who can afford it.
Many choices
Because buying a house should “fit” with the buyer, then you are willing to buy a house will certainly be looking for a house that “fits” with you.
We have a lot to offer home sellers, both located within the housing and outside the housing complex. The houses were offered by many parties, including the developer’s own housing, real estate broker, and people who would sell his house.
Seeing the house functions as a place of refuge and live forever, then select the home should be done with the steps carefully and wisely. With a variety of bids, your options become more widespread.
In choosing a residential house, to consider is the location factor as the main factor in choosing a house. After getting the location, you specify the new housing which would you choose.
In order not one step in choosing housing, here are some things that need to be considered in the selection.
1. See what developers
House as a unit, particularly property purchased with the credit-will involve long-term commitment. This is where the element of trust plays an important role in the business peroperti. When you give money sign “so” and advances, means you believe that the developer will maintain your trust.
So developers can consider when choosing a unit trust property in a location. How? Find information on whether the developer in question may be on time to build and submit their products (houses) in the previous project. If you need to check whether the developer has a disability or not in fulfilling the promise at the time of the handover of the house. This is important considering the number of developers who do defaults. In some cases the law also happens that the developers do not build a house visit.
2. See the theme and master plan housing projects
With computer simulation, you can see the developer offered leaflets with visuals that can illustrate the themes and housing masterplan. Both the identity of the housing project. If the theme and its masterplan is a city park, so the location was certainly not built industrial park.
Industrial development in a region may make it a noisy area, but big business opportunities if property prices in the region increased. On the other hand, the city parks may offer a quiet residential neighborhood, but property prices may also be “calm and steady” course. Therefore, find locations that fit your needs.
3. How to supply clean water
The problem of clean water in Jakarta and other major cities remain a classic problem. Until now the problem is not solved, despite existing regional water company (PDAM), some of which work with foreign companies.
Clean water supply to residents’ houses are often faltered, and even stuck at all. Water quality is also the subject of complaints. In this case, water wells appear to be a solution. The reason, sort of well water for free, beyond the cost of electricity to the pump. However, well water is not always good. Now the more often we hear that the water wells contaminated with sea water or industrial waste. If consumed over many years could disrupt health.
For that, you should ask the developer, how to clean water supply at his housing location; whether to use well water or water from the taps. And do not forget to ask my next door neighbor, too, how the quality of drinking water.
4. Completeness facility
In general, houses in the compound are offered in conjunction with various public facilities and social facilities, such as swimming pools, water storage, electricity networks, telephone, fire extinguishers, waste water management (SEWAGE TREATMENT plan), religious facilities, health and place.
Facilities that meet customer needs and will function well as home lifestyles. Careful selection of the availability of facilities will provide greater opportunities to obtain capital gains. Generally developers avoid building a complete facility from the beginning because of the potential adverse developers with the high cost at the beginning, and if there is a recession that cost does not come back. Complete facilities from the beginning to make buyers pay more.
The gradual development facility will increase the value of the property in accordance with the development level of amenities and provide benefit to the first buyer. In other words, incomplete facilities can provide opportunities for increases in house prices. However, the facts show that many developers who break a promise to build the facility.
5. Quality
Without such standardization institutions in developed countries, the unit of property can be built with different qualities. It is said that this is one of the obstacles that make business mortgage-backed securities (mortgage-based securitization) to grow in Indonesia.
In this regard, it is important for prospective home buyers to consider the quality aspects, both physical quality of houses, roads, and the environment.
6. See if the developer runs estate management division (ME)
In addition to building a facility, the physical condition of the environment can also affect the sale price of homes in the future. Therefore, looking for information about long-term development plan of the area developed. Pockets of vacant land should be maintained so as not to suddenly develop into slums because of the undisciplined development.
How do step and attempts to developers in the complex housing prices will not fall in the future, such as environmental deterioration and others. This can be seen from how good estate management division to manage issues such as waste, facilities, and owners associations.
7. Citizen participation
Although not a guarantee, antarwarga cooperation can make a more comfortable housing complex inhabited and safe. Therefore, in general, the developer promoting the participation of residents to participate in addressing environmental needs. For example, support the establishment of home owner association, such as RT and RW in the township which will handle the existing problems in a self-help housing. But sometimes initiated mobilization effort developers are not going well.
If you already know the condition of a residential neighborhood and decided to buy a house in the area, make sure you also look at other housing options available in the area.
If you want to spend USD 200 million for a house, see also the house more expensive to offer those around him. Many houses are sold at a price below the asking price. It may be that you may be able to spend a little more money to get the facilities much higher value.
If you are looking for a house with the help of property broker, make sure you do not neglect the houses sold by the owner directly (which is not sold by the agent / broker property). If not, you may lose the chance get a good property.
Develop BSD Forest in Central City Residential
Real Estate April 12th, 2010
Developer PT Bumi Serpong Damai (BSD) Tbk development oriented neighborhoods in the green open space, without forgetting a touch of technology and modern lifestyles.
“The first project is the development of BSD City Area Residential building Foresta, with a number of clusters, among others albera, Viore, Allevare, and Giardina, Primavera, and cluster twin (twin clusters), Fresco Aria. Foresta Area generally developed as a green area. In the jungle town of Foresta is 4.5 hectares which coupled with various facilities such as sports clubs are equipped with a swimming pool and fitness center, jogging track, cycling path (bike path), and putting green facilities, 3 on 3 basketball, and park – park and wide pedestrian and comfortable, “said Idham Muchlis, Senior Manager Corporate Communications PT BSD Tbk, on Monday (23/11).
According Idham, one product is superior cluster Foresta Area twin (twin cluster) that are named Fresco-Aryan that was built on an area of nine hectares. This twin cluster name is taken from the Italian. Fresco means fresh air and Aria means. The second meaning of the name reflects the concept of a full cluster with freshness, coolness, and comfort.
The concept of fresh, cool and comfortable these dijewantahkan availability of open land through the green (green open areas) spread in the cluster-Aryan Fresco area of 10,000 square meters, equivalent to twice the area of a football field. Area of green open land that makes the concentration of dust in the air can be reduced by 75 percent so that the air quality becomes more clear.
The presence of green open land area of 10,000 sq m can also produce at least 200 kg of oxygen (O2) per day, which is equivalent to the oxygen needs of 450 adults every day. So just when cluster Fresco-Arian is a cluster greenest greenest in the region in BSD City.
Cluster-Aryan Fresco Thematic facilities Centro Park, which features a basketball court 3 on 3, play areas and mini outbound for the entire family. New residential product is also surrounded by a green belt area that serves as an area of beautiful jogging track along the 1 km. The presence of green belt also serves to reduce noise or noise pollution in the cluster Fresco-Aryan.
In addition, location-Aryan Cluster Fresco was also very close to the Foresta area facilities. Call it like de Palazetto Sport Club and the North Piazza community center right in front of this cluster. This further adds to the comfort of occupants in the sport and commercial akitivitas to fulfill their daily needs.
PT Bumi Serpong Damai (BSD) Tbk constantly to make BSD City became a city with a million chance, according to the motto “Big City, Big Opportunity”. Fulfill this commitment, PT BSD Tbk in mid 2008, began development of BSD City area of 2000 hectares.
The development of an area of 2000 hectares is divided into two stages. The first stage of the cultivated area of 850 hectares, will be finished developed in five to six years. While the rest will be finished developed in 2020.
Wooden Houses No Longer Green
Real Estate April 2nd, 2010
- wood-based house did look elegant and different from the house in general. However, this time a wooden house was not considered fit again when associated with environmental issues. Thus described by the jury House Design Competition, Sukendro Sukendar in open deliberations House Design Competition held in Grand Indonesia, Sunday (7/3/2010).
“We (architects) are looking for a way to replace the wood raw material. Because the wood raw material was no longer fit. In addition to the expensive cost, environmental issues about the use of wood is also a consideration,” said Sukendro.
The Sukendro statement was made when the first finalist House Design Competition, Gemawang Swaribathoro from Bandung Institute of Technology, trying to offer comfort of a home concept through the wood as a material. This concept arises because changes in the facade that starts from concrete to wood has a nice effect and beautiful.
The competition which began in 2009 it had reached final round of judging. All five finalists are drawn from 20 major participants of this contest is Kartiansmara Lilih Purna Umbara from the Islamic University of Indonesia, Gemawang Swaribathoro from Bandung Institute of Technology, Mohammed Salman, of the University of Indonesia, Agus Irfan Educate Hertanto and Indra from Gadjah Mada University.
