Whether, one is purchasing, his first home, or has done so before, if it is for his primary residence, or investment purposes, or, for a second/ vacation – home, one reality is the common bond! In order to buy real estate, you have to come up, with the necessary funds, either through, one way, or a combination of approaches, in order, to close – the – deal. There are several options, and, some depend, on your personal credit, the type of property, etc, so, with that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, 5 ways, to fund ant real estate purchase.

1. Personal funds: Some people, either, have accumulated funds, by selling another house, investments, personal business earnings, etc, and, use these, to pay cash for the property, they plan, to purchase. Some home sellers seek these times of buyers, because, they often, proceed, with fewer hassles, and other delays, which might occur, when there is a mortgage, involved.

2. Family and friends: Often, especially, for first – time homeowners, financing a house, and, thus, owning a home, of one’s own, is challenging, because most mortgages require a 20% down – payment, and, with the ever – increasing price of real estate, in many regions, is difficult! Therefore, many seek, alternative approaches. One, which is usually, the first, for many, is asking for monies, from one’s family, and/ or, friends. Often, a young couple, turns to either, one, or both sets of parents, for help. At other times, we see close friends, willing, to assist, in creating, creative financing.

3. Seller – financed: Although it happens more often, in commercial property, or in sales of professional practices (medical, dental, legal), we often witness seller – financing, used, to make a deal, work! Simply, stated, this is when, the existing owner, agrees to, hold the paper, in order to create a deal, and help it, get done!

4. Conventional mortgage: A conventional mortgage is acquired, usually, from, either, a mortgage banker, or broker. This is the most common/ typical way, people buy their personal homes. Usually, someone puts down a down – payment, and finances the balance. A conventional loan is usually, for a term, ranging from about 15, to 40 years, and the individual pays a fixed rate, for the duration.

5. Alternative mortgages, including, variable rate, and/ or, lower amount of money, down: Alternative mortgages, function, much like a conventional one, except, either, the interest rate, is variable (fixed for short period, and adjusts), or the lending institution permits a lower down – payment.

A wise home buyer explores, learns about, and knows, his financing options/ choices, and proceeds accordingly.

Vastu Shastra offers some principles that people believe lead to such a degree of happiness and prosperity that no amount of money can buy. A home is a big investment. So when it comes to buying an apartment it is best to choose a place that is built according to Vastu principles.

Vastu guidelines help create the best living spaces that bring happiness, prosperity, wealth and success in the lives of inhabitants. Here is a quick guide on how to check Vastu before buying an apartment, with an emphasis on the most important aspects.

Entrance and wall colors

Buying an apartment and shifting on Tuesday or Saturday is considered unlucky. It is best to choose apartments that are square or rectangle with no downward slopes. Avoid places with sharp cuts in the layout. Good entrance should be your top priority because it will lead to happiness and prosperity for the family.

Entrances facing the north bring monetary and business success. Avoid stairs that are in the northeast corner to prevent trouble in the future. According to Vastu, you may want to avoid walls of red and black colors. Instead, you should prefer light colors like cream, white, yellow, blue or green because these colors bring positivity. It is better to share your house walls with your neighbors.

Kitchen and living space

According to Vastu the best kitchens for you are those that face the South-east/north-west direction. Besides, you should put the stove in such a way that the person cooking is always facing the east. You should make a room on the east side of the apartment your living room. That can help you develop and strengthen social relations with your guests.

Bedrooms and Bathrooms

You should make the southern and western-facing bedroom as your sons’ room. The south-west facing room should be the master bedroom or the parents’ room. For your daughters, try to choose the north-west facing bedroom.

The bathrooms should be in the north-east direction and bathroom doors should not face the kitchen or the dining area. You may want to avoid apartments with balconies facing the South and West direction.

Doors and windows

Your home should have doors and windows in even numbers. You need to make sure the doors open on the inside. Your windows and balconies should be north and east facing, so that there is maximum sunlight in the morning. This will bring positivity and good health to the inhabitants. And that’s all we need in order to become more productive in different fields. Positivity is of paramount importance in your life as it is good for your health and success as a professional or business owner. Sell your house in Brooklyn

Conclusion

By following Vastu Shastra guidelines you can secure happiness, success and peace for yourself and your family. You have to be careful when selecting apartments because if the Vastu of the place is wrong that can lead to difficulty in the future. You should always choose companies that construct apartment buildings in accordance with the Vastu guidelines.