Home inspection and why we decided to skip it for our home

Building a home is often the biggest purchase of one’s life. But most people are not experts in home construction, so to avoid being cheated by the builder, some people hire a 3rd party company to inspect the house to ensure no corners were cut during the construction.

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Delay in the mortgage for our house

We bought land in Tokyo last year and just finished building our house. We are financing both the land and the house with a mortgage, and just run into some delays with the mortgage. This won’t affect much, but it makes the interest on the bridge loan about 50,000 yen higher, and makes the mortgage of the house start later.

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Receiving the keys to our new house

Last week our house was finished, and we had the official handover (家の引き渡し) yesterday.

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Tax on life insurance payouts in Japan

A while back I took a look at life insurance in Japan and now I’m getting close to actually buying one. As I was thinking about the coverage to get, I looked into how these payouts are taxed (since I care about the net payouts).

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When to register the new address when moving into our new house

We are building our house in Tokyo, and as the construction is coming to an end, we had to decide when to update our address at the city hall.

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