Decide your timeline and destination Make an inventory of household items to give to families, sell or donate. Avail of yearly free clean up offered by your local garbage collector. Create a master list of items to sell, give away or donate. Assess the home (hire an independent appraiser or professional Realtor to check the market value). It is advisable to order a termite and home inspection who...
Celia is a Registered Nurse with a 9 year old son who was renting and working in Fremont. Her Mom and Dad lives with her too. Her husband is also an Overseas Filipino Worker (OFW) but in Singapore. She was referred to me as a First Time Home Buyer by her nurse associate and past client. Her lease contract was expiring and renewal for another year will increase $500 more. She wanted to have a 2-3...
Real Estate Investor and the FREE Capital Gains Tax to $500K as couple After listing his single story home in El Dorado Hills for $950,000 and used the exclusion of Free Capital gains to $500K, Tony decided to move in to his rental property that he bought 3 years ago for $255,000. Meanwhile, with the proceeds on the sale of his home, we found him a huge 5 bedroom newer home in a gated community of...
Make a plan where you want to retire and your kind of lifestyle. Philippines is one destination where a couple can live comfortable with this budget. For a $3000 monthly allowance, $1000 rent a nice 2-3 bedroom home. Have a house keeper, a private driver and cover all utilities. For a couple, $1000 per month can be allotted for food, transportation and medical bills. Most people who retire in...
Retiring in the Philippines: Pros & Cons By Jean Folger | Updated August 23, 2016 — 12:00 PM Each year, InternationalLiving.com’s Global Retirement Index ranks the top 25 retirement destinations in the world, based on factors like climate, healthcare, fitting in, benefits and discounts, and cost of living. The Philippines – an archipelagic country of 7,000+ islands – made the 2016 list, scoring...
Make a list of major and minor repairs needed pretending you are a buyer for your home. Fix the ones you can like loose faucets, leaky plumbing or roof and re-caulking the bathrooms. Create a budget what funds are available to do your projects and repairs. Find a local Realtor who is familiar with your neighborhood with enough knowledge of the present demand. A Realtor can give you tips on what...
Maria is a registered nurse who with a 9 year old son. Her Mom and Dad lives with her on a 2 bedroom apartment in Fremont renting for $2,100/month. She was given a letter before her lease expired to an increase to $2,600. With her as the sole income earner, she only had $40,000 budget to purchase a 2 bedroom condo. After making several offers, she realized that her budget of $350,000 we could not find a...
Maria is a Registered Nurse with a 9 year old son who was renting and working in Fremont. Her Mom and Dad lives with her too. Her husband is also an Overseas Filipino Worker (OFW) but in Singapore. She was referred to me as a First Time Home Buyer by her nurse associate and past client. Her lease contract was expiring and renewal for another year will increase $500 more. She wanted to have a 2-3...