Learn All About Home Buyer’s Expenses

You might be aware of most of the expenses related to the process of home buying. Yet there could be quite a few expenses which you might not be aware of and need to plan to avoid last minute slippages. It would be prudent on your part to plan all the expenses relate to home buying. This financial discipline would not only help you save but also help you close the sale in a smooth and hassle free buyer. First time home buyers need to be extra diligent and careful detailing these expenses.

Home Mortgage Costs
When you avail a home loan from a lending institute, it is obvious that you need to organize your contribution towards home purchase in the form of a down payment as well as the recurring mortgage payments towards servicing of your home loan. More importantly, there are several expenses payable to the lending institute towards administration and processing of your home loan. It is worth the exercise to compare the various fee charged by the institutes before you decide on your home loan agency.

o Credit Report Fee – Depending upon the lending instate, they may or may charge fee related to your credit appraisal.
o Processing and Originating fee – These charges are also not levied by a few lenders.
o Underwriting fee- Make sure you minimize the fee charged towards the review of your credit worthiness to determine if you are eligible for the loan
o Home Inspection Cost – it is advisable to incur these expenses because it is worth it and helps you arrive at the fair value of your purchase.

Legal Fees
Check out the legal fee payable based on the nature of property transaction that you have entered into and the state in which you have purchased the property. These legal expenses could be as high as 1.5-2% of the property value.

State Taxes
Different states levy transfer registration fee at varying rates. There would be certain other taxes as well depending upon the state like the sales tax and the stamp duty charges. First time home buyers would be getting certain tax concessions you must check out the property laws applicable to your state.

Relocation costs
Plan for the costs related to your physical movement into your new home. The expenses would off course depend on the distance involved. In case you are planning for professional re-locators, ask for a couple of quotes before deciding. There are many utilities for which you need to pay an upfront security deposit. You may end up incurring cost on a few repairs as well as some home improvement initiatives as you step into your new house.

Even though you might have taken majority of the home buyer’s expenses in your estimation exercise, it is highly probable that there could be still a couple of unplanned expenses likely to arise and a contingency fund would always help. Experts suggest an amount of app. 2% of the property value to be reserved towards contingencies related to home buying.

Tips and Tricks to Improve Performance of iOS 7

iOS 7 has performance issues right from the launch. There are several cases reported that it runs slow on older devices. It responds late, animations lag and typing takes a longer time. This article contains useful tips and tricks to improve iOS 7 performance.

Troubleshooting Steps

· Refresh Settings and Disable Parallax
· Use a separate Inbox for Important and unread mails
· Save Battery Power and find things faster
· Disable Control Center Access
· Disable Automatic Updates
· Reduce the Motion of UI
· Enable Do Not Track for Safari

Refresh Settings and Disable Parallax

Refresh the settings if you’re experiencing slow performance while typing. Here is how to refresh settings:

1. Go to Settings | iClouds.
2. Tap Documents and Data.
3. Toggle switch from OFF to ON.
4. Toggle Switch back to OFF.

If you are using iOS 7 on iPad, it would be distracting as the Parallax mode is enabled by default. Disable Parallax mode as instructed below:

1. Go to Settings.
2. Select General | Accessibility.
3. Tap Reduce Motion | Turn ON.

Use a Separate Inbox for Important and Unread Mails

One of the most interesting things about iOS 7 Mail is that you can add someone to the list of VIPs. If you are having difficulties dealing with your mails, use a separate inbox for all unread and VIP mails.

1. Find an email which you would like to move to the list of VIPs.
2. Tap Add to VIP option.

Save Battery Power and Find things Faster

Battery is drained significantly when you run iOS 7 on 3G devices. Disable app background refresh feature. Follow these steps to disable background apps.

1. Tap Settings } General.
2. Tap Background App Refresh.
3. Toggle its settings to OFF.

In iOS 7 you have to find apps, emails, phone numbers and text messages right on home screen. To do so, follow these steps.

1. Open Settings.
2. Go to General.
3. In General select Spotlight Search and check the relevant boxes that you want to search from home screen.

Disable Control Center Access

There is new Control Center access feature in iOS 7 through which you can access things faster. You need to turn OFF control center in apps. Follow the procedure given below to disable control center access in apps.

1. Go to Settings.
2. Select Control Center.
3. Toggle Access within Apps OFF.

Disable Automatic Updates

The new feature in iOS 7 called the ‘automatic app updates’ is running in background with the help of iTunes. This is an interesting feature but it causes performance issues. Disable automatic updates through the steps given below:

1. Go to Settings and tap iTunes and App Store.
2. Toggle the Updates settings.
3. Set Automatic Downloads to OFF.

Reduce the Motion of UI

Reducing the motion will help speeding-up app opening. Here are the steps to do so:

1. Tap Settings | General.
2. Tap Accessibility and reduce Motion.

Enable Do Not Track for Safari

Do not track is another handy tip to keep your Safari running fine. Follow the instructions given below to enable do not track:

1. Open Settings.
2. Tap Safari.
3. Now Enable Do Not Track for Safari.