Why Money-Savvy People Don’t Pay Down Their Debts
I once talked to a business owner who has over ten properties in Penang. "Wow, you have so many properties!" "The banks own it", he replied, implying that he still owes the
Tag
mortgage
Monthly Rest Vs. Daily Rest Interest Calculation
Nowadays most banks calculate your mortgage interest on daily rest basis. Years ago, monthly rest interest is a norm. You are advised to get a home loan which the interest is calculated on daily rest basis. But most people don't really understand what is the advantage. This post is to explain the difference to you in simple terms.
Downsize and Substitute
When the situations calls for drastic measures are you ready to downsize and substitute to ensure your finances remains afloat?
Why Real Estate Investing Will Never Go Out of Style
Real estate has long been heralded as one the greatest ways to build wealth. You've probably heard the statistic that more millionaires are created from real estate investing than anything else. But, do you know what makes real estate investing so great? It's not all hype. There's four main benefits that investing in real estate offers and they're outlined below.
Buying property in Malaysia? An Overview
A foreigner in Malaysia is allowed to purchase at the most 2 residential properties. Foreign investors are not permitted to own Malay reserved land. Excepting few such restrictions, home buying process for foreign investors is regulated in the same way as Malaysian property owners.
Case Study: Consolidating Personal Loan, Mortgage and Credit Card Debt
I received a query on debt settlement. Hi, Mr Lau, First of all, many thanks to you for giving me the free e-book. Its’ worth reading, cause I’m aware of unit trust
How to Refinance your Home Loans Smartly
As competition is heating up amongst the commercial banks for banking on home loans, more new home loan promotions and competitive refinancing packages are available in the market to entice
Mortgage possession orders and home repossession on the rise
This is the situation in UK: The number of possession orders granted by courts in the third quarter of 2008 was noted to be on the rise, up by about 92%
Best of KCLau’s Money Tips 2008
2008 is an exciting year for me. I was able to build more income streams and therefore increase my overall income compared to the previous year. The best thing is