Kaki Bukit Money Lender
There are many licensed money lenders in Singapore. If you are trying to find a kaki bukit money lender, we can help you with that. It can be a headache to try and decide on which lender to approach.
Send us your loan application, we will send it to multiple money lenders for you. That way, you can save time by only filling in one form instead of multiple forms.
We will definitely be able to help you with that because we have done this process for many people and businesses.
You can loan up to 6x your monthly income at interest from 1%.
6 Home Renovation Mistakes to Avoid to Save Money
Home renovations are an integral part of maintaining every element of your house. It surely takes up a lot from your budget, but the results are always noteworthy in every aspect, not just aesthetics. But when mistakes happen during the renovation period, you end up losing all the money put in, and that obviously affects your budget too. Plus, to make things right, you have to undergo another set of renovations, which means additional expense. But if you are well aware of the most possible home renovation mistakes, you can prevent them by being extra careful. Here are some of those mistakes to avoid.
Underestimating Your Budget
You should always think twice before outlining your renovation budget. Setting a low ball budget will force you to face a crisis later on. No contractor can give you a S$20,000 kitchen renovation on a S$10,000 budget, and you should avoid the ones who say they can. If you’re unwilling to compromise on your dream reno, save up more money before getting started or cut back on areas that could be updated later, like appliances or premium furnishings. Set aside some extra money, usually about 10 to 20% of your budget, for unexpected expenses. There’s no limit to what you could find lurking behind the walls. Therefore, always think of expenses and design a budget so that you aren’t in a situation of arranging money with difficulty.
Choosing Style Over Substance
This is an easy trap to fall into. It’s unlikely that your family and friends will compliment you on the R-value of your insulation, your fire-resistant windows, or your dazzling new sump pump. While less satisfying than aesthetic updates, these types of renovations are the most vital to your home’s safety and efficiency. If you’re ready for a makeover, make it an opportunity to check on the overall health and safety of your home. Your new wood floors will be grateful that you patched that hole in the roof.
Ignoring Your Insurance
Before you even start your renovations, it’s a good time to reconnect with your broker to understand how changes to your home could impact your insurance premiums and your coverage in the event of a claim. For instance, some upgrades to plumbing or electrical can help lower your premium. Alternatively, if you’re creating an addition or putting in a pool, your premium could increase to reflect your home’s new value, and liability opens a pop-up with definition of liability risks. Your insurance policy may require you to let your insurer opens a pop-up with definition of insurer know when you’re completing substantial renovations, so be sure to review your policy before you get started. This will save you a lot of dollars later.
Making Too Many Changes
You may want to give your home a complete facelift so that it not only looks good but the flaws and problems in your house also get solved. For this, you may want to perform several renovations. Sometimes, you may think of several unrealistic renovations that may not even fit in your budget. Changes that seem simple to you may require a lot of work on the back end, so be sure you check with your designer or builder on even slight adjustments. Get a rough estimate of those renos, seek the right permits, and only then move ahead. And of course, don’t forget to ask yourself if the renovation you are planning is really worth it.
Overlooking the Quality
When we outline our renovation budget, we try to keep it to the least. And to do so, we often end up opting for cheap services and products. For instance, you may opt for wooden windows instead of metal because lumber is cheaper. But what people fail to understand is that not every cheap thing survives for decades. Lower quality and cheaper materials, and even services, may fail eventually, requiring you to renovate your home again. Select durable, high-quality materials that you won’t need to replace within in a few years. Remember, building materials aren’t the place to economize.
Also, wait to buy the perfect appliances, flooring and other materials until the project plans are finalized and the project is far enough along for measurements to be accurate. Otherwise, you risk buying the wrong quantities of materials or ordering appliances that won’t fit.
Going DIY Instead of Hiring Pros
Renovating different aspects of your home can be done using DIY techniques, thanks to all those videos available online. DIY projects may seem interesting just to save a few dollars from your renovation budget. There are certainly a lot of DIY projects you can tackle around your home, but when it comes to major renovations, it’s best to call in the pros. Plumbing, electrical work, deck repairs, and roofing, for example, should all be left to qualified tradespeople. This is for your own safety and to protect your home, as mistakes could be costly and dangerous. If you lack even a bit of knowledge, then it may result in wrong renovations and even bigger expenses.
If you make these mistakes every time you plan to renovate your house, you will only end up wasting a large sum of your money. Therefore, be mindful of these mistakes and avoid them in any case to save a few extra bucks that you should actually save.