Using Lighting to Improve Home Security and Safety

A well-developed home security plan may include an assessment of all entries into a home or property, including fences and gates, driveways and sidewalks, doors, windows, patios or basement doors. A home may be equipped with an electronic home security system which can detect motion, sounds such as breaking glass or one that will monitor each door or window of the home.While each of these steps to home security is a wise or well-thought part of a plan, another approach to protecting a home and property is exterior lighting. There are an enormous array of exterior lights including motion sensing, solar and lights or light sets that can be connected to timing mechanisms and security systems.It is a good idea for homeowners to “case” their own homes – pretending that to be the intruder or burglar – and assessing all of the points of entry to determine every weakness in the home’s security. When homeowners begin to prowl their yard or home they will quickly find that the parts of their yard or property that are in plain sight or of immediate view to neighbors or the streets around the home, will deter them from lingering or considering it as a means of entry. No burglar will want to work on a window that is in sight of neighbors. An intruder will not want to be seen easily from the street. Once the areas where intruders may forcibly enter the home unseen by anyone are located, the homeowner should mark the area for lighting and review the condition of locks on doors and windows. At the same time all bushes, trees or shrubs that might hide a burglar or intruder from view, or allow them to gain access to windows, should be pruned or removed. While this may eliminate a homeowner’s feeling of privacy, it is a good trade for a stronger home security plan.A second review or “casing” of the property should be done after dark, when a complete plan for exterior lighting should be developed. A home security plan for exterior lighting will take into consideration sidewalk and patio lighting, motion sensor lights on all exterior doors (with back-up batteries or hard wiring to the home’s electrical supply), motion sensor lights on the windows that have been reviewed and found to be a security risk (but such lights should be installed at a height or location that is out of reach to the intruder), and flood lights that are connected to timing mechanisms for areas such as large backyards, pool and patios, garages and outdoor structures such as gazebos or sheds. All of this lighting will greatly affect any burglar or intruder’s plans or efforts.Many insurance companies will also reward their clients who install home security systems or who take measures to make their homes and properties less of an insurance and security risk.There are many ways to easily install a strong home security system or plan, and it takes only a bit of effort and creativity to protect a home, property and family.

Buying Property in the Cayman Islands

The Cayman Islands are made up of three islands Little Cayman, Cayman Brac and Grand Cayman. They are located in the Caribbean sea and are a British overseas territory. It is a fantastic location with great weather and for many reasons an ideal location to buy a home. Property for sale in the Cayman Islands has been popular amongst property investors not only because of its location but also because of the taxation system with no capital gains, no income tax and no inheritance tax – you can understand why!The language is English with the Cayman Islands dollar (CI$) being the local currency however the US dollar is accepted everywhere. The government gathers its revenue by charging import duty which can be from 5% to 22% and particularly for cars anything from 29% to 100%.The climate is typically Caribbean, the dry season is November to May and the wet season May to October.If you are thinking of moving to and working in the Cayman Islands you need a work permit. You must apply for this before you arrive and you will need an offer of employment (the employer normally applies for this permit).When you buy a property in the Cayman Islands you will be subject to the property transfer fee “Stamp Duty” and this would be paid by the purchaser as part of the closing fees. This fee differs from location to location eg along the Seven Mile Beach it is 7.5% and the rest of the island is 5% and upwards. Once you have purchased a property then the title is recorded at the land registry office along with any mortgage (Charge) on the property. Solicitors fees are negotiable and tend to be around 1% of the purchase price.According to a report by CIREBA (Cayman Islands Real Estate Brokers ) property is on the increase and, in 2011, sales are up on those from 2010. In the September 2011 report it shows up to August 2011 property has seen an increase of 203% compared to the previous year. There has been CI$422 million in transfers up from CI$207million in 2010 and the figures are up on 2009 and 2008, but the actual number of transactions is down which means the high end property market is still good but the lower end is struggling.Mortgages are available in the Cayman Islands and deposits are normally between 10-35%. There is no interest only mortgage available and you can ask to pay biweekly, which will reduce the interest payments and the term can be 20 to 35 years.Property is available from Land, Condo’s or luxury villas with the higher prices in the Seven mile beach area, but if you buy to let then rental is also high in this area.If you wish to buy a property in the Cayman Islands or any other country in the world then visit our web site or if you wish to sell a property then you can place a free property advert with us.

New Home Mortgage – How Credit Score Can Affect Your Lending Cost

Credit score is a major factor when trying to obtain a home mortgage. And you will know if there is indeed a problem is when you present your score and a prospective lender isn’t giving you any further financial attention. However nowadays loan requiring only good credit history is a thing of the past. Even people with low credit score will be able to find a home loan that they can use to purchase their own home. However, new home mortgage using bad credit will be costing you more because of higher interest rates. So, technically, it is more advantageous to apply for a home mortgage if you can present a good credit score.Select the right lenderIf you have a low credit score, it is likely that you will not be able to acquire a home mortgage with the lender of your choice. And it can be quite difficult to change to a new lender as you have to make documentation of your second mortgage try just like you first time. This extra effort and time spent on documentation for the lender is one of the most taxing parts of applying for new home loan.Duration of LoanThe time that you will spend in order to finish the repayment of the new mortgage loan is definitely affected by the credit report. This aspect is perhaps less significant than the other factors, however it is still important enough to be taken into financial consideration. The most obvious impact is when a low credit report leads to a higher interest rate. With such high rate, payments will certainly be exorbitant for the borrower especially of shorter payment term is chosen. And so, the borrower has to switch to a longer term in order to make payment more manageable, which on the other hand will make the borrower pay more in interests.Loan rateAs earlier mentioned, credit score of the borrower has a great impact on new home mortgage loan. As a rule, the lower the credit score, the higher will be the loan’s interest rate. And if the credit rating is very low, the borrower unfortunately might not get a normal home mortgage. It is without saying that better loan rates and terms are offered to borrower if he has good credit scores.Type of loanAnother factor concerning new home mortgage loan that is affected by your credit score is the type of loan available for borrowers. The major types of loan available include:1. Fixed rate mortgage
2. Adjustable rate mortgage
3. Balloon payment mortgagesBear in mind that some unscrupulous lenders will entice or even coerce the borrower to get an adjustable rate mortgage so that when interest rates increase, such increase will be the responsibility of the borrower and not the lender. Borrowers must likewise avoid drawing a loan that might result in the negative equity on the home property and this will financially impact you greatly.