Is it possible to own a property without spending one’s own money?
Yes.
In fact almost everyone likes to own a property, a place of living
which can call his own. It is not difficult as it seems. It all depends
on having an information or knowledge of the property market.
Almost
everyday new properties are being built up and down the country by
large established property companies. They would not be building these
unless there was demand for them. The builders have lot of investment
tied in such building projects, and hence, they like to realise the
returns from theses as fast as possible. They need to sell the
properties to get back money locked in projects. To do, that, they
offer incentives to public to buy the properties.
These are often in the form of:
Properties offered 15-30% below market value, giving an immediate equity/savings.
No Deposit Options i.e. the buyer does not have to pay any down payment. Only small fee
may be payable to secure the property and to obtain mortgage.
Stamp Duty, legal fees and valuation fees are often free to buyers.
Other benefits include fully fitted kitchen, and basic furnishing.
So what else one needs?
Imagine a property offered at, say £200,000.
Normal minimum cost of purchasing a property are as follows:
Initial deposit e.g. 5%-10% = £10,000 - £20,000
Property valuation (survey) fee, say £300
Broker’s fee, say £2000
Solicitor’s fee, say £1000
Stamp duty 1% = £2000
Hence, the cost of owning the property could be £15,000 to £25000. But it may only cost you £4000-6000 if you are buying a discounted property, mostly newly built.
Suppose
you bought a house worth £200,000 at 15% discount, with
deposit paid, then you will not only become a property owner, but also taken a leap into the financially sound future.
Look at the fortune you will have amassed:
Immediate Equity (15% discount in price) = £30,000.
First year rise in the price of the property, say 10 % = 20,000.
Within a year you are richer by £50,000, without spending a penny of yours!
For more information on how to and where to buy properties at a 30% discoun, please send email to: prop-1@aleef-1.com
Income Opportunities in a Shrinking Job Market
Most of us who work for others are happy as long as we have a job. What happens, if suddenly, we are sacked, made redundant, or the company we work for, shuts down? We are back on the road, looking for a job again. And what happens, if we lose job when we have reached certain age, where we may find it difficult to get a satisfying job. Most of us will be shattered to discover that. The stark example of such a situation is now in everyday in news: ‘GM cutting …jobs’ and so on.
However high status job you may hold, and how bigger your salary you may command, when you lose a job, you are back to zero; as if someone chopped off your earnings, with a single swing of an axe. Most people never thick of such possibilities, hence they are caught in the situation, where they feel trapped by the circumstances.
I always advise my friends and people whom I know, to be prepared for such an unsavoury mishap. So what must one do?
Think of self-employment. Have a business of your own. Go for financial independence.
Most people, who are employed by others, have a mistaken belief, that it is difficult to have business of one’s own. They think, that they would need a good amount of capital, some specialised skill and knowledge to do it. On the contrary, today’s electronic age, has completely revolutionised the business and earning styles. Today, many people are earning hefty incomes, virtually, without lifting a finger.
If you are really interested in business, and wish be free of job worries, like to enjoy a life of prestige and high earnings, go for self-employment. To get a kick-start, read a book can teach you the power of creating big earnings e.g. ‘Proven Pathways to Big Money Today – An Idiot’s Guide to Making Money Internationally’.
It will be of special interest to young people who wish to become financially independent, in fact anyone looking for self-employment riches. It shows business ideas from real world and how to use them and proven by real case studies.
The book can be seen at: http://aleef-1.com/business/Books.php
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