BML Estates A Real Estates Blog Thu, 19 Oct 2017 12:30:35 +0000 en-US hourly 1 Home Inspections- Necessity and Importance Thu, 19 Oct 2017 12:30:35 +0000 Home inspections include examining the overall condition of the homes. The process of home inspection is not carried out only when the home is about to be sold. There is no doubt to the fact that our home is the biggest and an essential purchase that will be ever made. Home inspectors of Ashi will help in finding out if there are any problems in the house and if major repairs are needed. The condition of the home is discovered if proper inspections are made. A home inspection is very important if you want to avoid all kinds of costly repairs that your home needs.

Tips to select the right Home Inspector

You should be very careful when selecting the proper Ashi Inspector. A correct inspector will help you understand the kind of repairs that you need. Given below are a few tips which you should keep in mind when selecting a home inspector.

  • You should be careful to choose an inspector who will want you to be with him when the process of inspection is going on. They need to follow each and every step. Inspectors who do not want the homeowners to be around are not experienced enough or their work will be incomplete.
  • The homeowners should be definitely asking for sample reports after the entire process of inspection is over. The samples state everything about the condition of the house and all the necessary repairs that have to be made.
  • You should also ask the past clients regarding the working of the home inspectors. If they have positive reports, you should definitely allow them to inspect your home.
  • It is very important to know the experience of the inspector. A proper research needs to be carried out by the homeowners to get complete details about him. An inspector who is going to inspect your house should be experienced enough. Inspectors whose main job is home inspection should be hired. Their certifications should also be checked before they start inspecting the homes.
  • The home inspectors should be licensed. It is important that you ask them for their licenses. Inspectors who are qualified will provide the copies of both the insurance documents and the licenses to the homeowners.
  • Ancillary inspections should also be done by the inspectors. It is also your duty as a homeowner to inquire about all the extra charges that you have to bear.

If the above tips are followed, the home inspection will be successful, and you can repair all the required areas at a low cost.

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Everything you need to know about tax rebate for landlords Thu, 19 Oct 2017 09:24:22 +0000 The tax rebate is a refund of taxpayer money after a retroactive tax decrease which encourages taxpayers to make certain types of purchases or to stimulate a failing economy by quickly getting cash into the consumer’s hands. Unlike tax refunds, tax rebates the taxpayers do not have to wait until the end of a financial year you can receive payments at any time of the year.

The government counts on tax rebates especially when there is economy slow down because of the boost the economy. There are different types of tax rebates such as uniform tax rebate, teacher tax rebate, healthcare worker tax rebate, trade worker tax rebate, mileage tax rebate and landlords tax rebate among other but in this article, we are going to talk about a tax rebate for landlords.

Tax rebate for landlords is money refunded to residential landlords for properties for financial cost. In earlier years the landlords have been getting this tax relief, but it was amended, and some restrictions were imposed on the full benefits were phased out on April 2017, and it was restricted to the basic rate of tax. This move is going to affect some landlords but not others

Those affected include UK residents that let residential properties in the UK, non-UK residents who allow residential property in the UK, individuals who enable properties in partnership, beneficiaries of trust liable for Income Tax on the property profits. These changes will affect owners of residential properties as an individual, or in partnership or trust. The changes will affect how you receive relief for interest, and other finance cost and the changes will be gradually introduced over four years as from April 2017.Some of the finance cost restricted include interest on mortgages, loans, overdrafts, alternative finance returns, fees and another incidental cost for getting or repaying mortgages and loans, discounts, premiums and disguised interest.

Those not affected by this move include UK resident company, non-UK resident companies, and landlords of Furnished Holiday Lettings.

If you are still under the brackets of those not affected and you want to make your tax rebate claim, you should fill out a self-assessment tax return either online or printing it and posting it to the HMRC (HM Revenue and Customs) offices. It is good to know that you can only claim by filling this specific form at any time of the year.

After making claims, you have to wait for a response from the HM Revenue and Customs which will take about five weeks for making an online claim and six weeks after making a postal application and if it takes longer than that you can contact the HM Revenue and Customs offices.

In conclusion tax rebates can help boost the economy especially if it is failing it gives the consumers the ability to buy more or access more products and in return affecting the economy positively.

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5 Points You Should Avoid While Hiring A Siding Contractor Ann Arbor Michigan Wed, 18 Oct 2017 12:56:17 +0000 Settling a business deal and executing the same with professional fluency are two different things and very few of us can manage the whole deal accurately.  Are you planning to hire a siding contractor Ann Arbor Michigan for your home improvement? If yes, try to avoid these 5 mistakes in the hiring process.

Do not go for splashy and gaudy websites

It is often found in the web world that backbenchers are self-proclaimed heroes.  As a result, productivity and quality gets compromised in many cases. You should not get impressed by gorgeous websites and synthetic appraisals. Rather settle for someone, who has experience and to whom the profession is his earning means.

Take references from relatives and colleagues

Before hiring a siding contractor form Ann Arbor Michigan, do not forget to ask your relatives and neighbors for reference.  A valid and real-life reference will save your research time and yield good result at one go.

Do not go for lowest quote

Do not settle for the lowest estimate because there is a high risk of compromised skill set and productivity. The siding contractor who is ready to work for under-rate must have some professional slackness that has not earned reputation for him. Go for a reasonable and justified quote only.

Do not avoid in making a contract

According to latest trend, contractors of Ann Arbor Michigan mostly prefer to work by a contract, where the cost of the job, the time span for completing the task, and payment details will remain all written and clearly mentioned. Do not hire a siding contractor who is reluctant in making a contract before he starts working on your proposed projects.

Don’t settle for less

When you are paying requisites, do not settle for the less.  Before you start your home improvement job, check all the details like

  • Use of quality material is a must
  • Insurance coverage for the workers is mandatory
  • A timeline is a necessity.

Avoid these 5 common mistakes we often do for hiring a siding contractor assuming that it is an easy job. Hope the suggestions will make your selection simplified and highly positive.

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