Real Estate Financing - Ten Ways
Do you remember when real estate financing meant you saved up enough to put 20% down on a house, and then you got a mortgage loan for the other 80%? Well, you can still do that, but there are many more options now. Here are ten of them.1. Gifting programs. In some parts of the country, builders ...
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The Five Most Popular Questions About Bankruptcy
WILL MY CREDITORS STOP HARASSING ME?Yes, they will! By law, all actions against a debtor must cease
once bankruptcy documents are filed. Creditors cannot initiate
or continue any lawsuits, wage garnishees, or even telephone calls
demanding payments. Secured creditors such as banks holding, ...
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Owner Financing - Safety Tips
Why offer owner financing when you sell? A higher price, to start with. Add to that a good return on your money, a faster sale, and an easier sale of a "problem property." Good reasons, but how do you do it safely?1. Ask for a large downpayment. This is the most obvious way to be safe, but not ...
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How Foreclosures Can Be Stopped With Facts
The foreclosure rate has been steadily increasing this year. The rate might continue to increase if the job market slows and we see a general slow down in the economy. Realestateinternetstrategies.com explains how impending foreclosures can be stopped.Life does not always unfold as we wish, and one ...
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Real Estate Investing By The Numbers
Just like most things real estate investing can be broken down into easy to learn step.Step One - Learn the basics:Ownership of real estate is evidenced by a valid deed. When you buy property the seller signs a deed that transfers his ownership interest to you. Most states use a Warranty Deed. ...
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Finding Structural Problems During Escrow Small Rural Home Example
In rural home purchases, the transaction is often subject to a satisfactory home inspection being done. Any imperfections are usually corrected during escrow. Now and then, however, a home inspection uncovers severe structural problems. What happens then?Structural Problems Small Rural HomeWith a ...
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Home Equity Loans After Bankruptcy - How Long Should You Wait To Apply
As soon as your bankruptcy has been discharged, you can apply for a home equity loan. However, expect to pay high interest rates for financing with such a low credit score. Waiting longer and practicing good credit habits will qualify you for the A list and better rates.Two Years For The Best ...
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Should I Invest in Real Estate While Running an Internet Business?
Of course you should. I practice this for quite a while and I never looked back. I think this is the perfect combination. You get the best of both worlds. Did you know that 90% of all millionaires made their fortune with real estate and 10% with the internet or the stock market? Well, this doesnt ...
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How to Stop Credit Card Company Abuse
Consumer complaints about credit card abuse continues to increase despite clearly defined federal regulations meant to stop abuse. By knowing and understanding your rights, you can stop abuse. Lets examine four common methods of credit card company abuse and what you can do to stop the victimizing ...
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Fixtures
Fixtures, related to real estate, are items that were originally personal property but are now attached to the property itself. This becomes the toughest issue when tenants attach fixtures to a property. These fixtures may include shelves or anything that is immovable by law.There are five tests of ...
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Home Based Business: Your Ultimate Tax Shelter
Starting and operating your own home based business is
the ultimate tax shelter.Although this article has been written from a Canadian
income tax perspective, the principles should be
practical in other tax jurisdictions.1. Non-Deductible Personal Living ExpensesAll of us have expenses that we ...
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Asset Searching for Recovery Actions - The Decision Maker's Tool Part 2
In Part One of this article we took a look at some minimum recommendations for asset searches as a recovery medium. This discussion is based on the assumption that an asset search has already been determined to be sanctionable by, for example, a loan in default, a judgment that has been rendered, a ...
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Seller Financing - Six Safety Tips
Why offer seller financing when you sell? A higher price, a good return on your money, a faster sale and to sell a property that is otherwise difficult to sell. Some good reasons, but how do you do it safely?1. Get a large downpayment. The most obvious way to be safe, and not always possible.2. Get ...
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Family Feud with an Auction Deadline Adventures in Probate/ Estate Purchases
One of our investor students told us of an interesting probate deal or "adventure" they're working on now and while it's a good story, it also illustrates lots of the ins and out of probate or estate issues and purchases.The Seller (we'll call him Scott) co-owned this house with his mom, and he ...
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What is Home Insurance?
Home Insurance is designed to provide you with financial protection against any damage and possible risks that your property and possessions within it may face against unforeseen events and circumstances.Home insurance is commonly taken to describe both buildings insurance, which insures the fabric ...
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