What exactly is an "Exclusive Buyer's Agent"?A: An agent who represents only buyers, never sellers, with no risk to their buyers of dual or designated agency on any home they want to buy.B: An agent who represents their buyers as a designated agent if they want to buy a home that is an in-house listing.C: An agent who gets paid regardless of whether the agent finds their buyers the home they want to buy or not.The correct answer is "It depends on...more
While U.S. Federal Reserve rate cuts and the economic stimulus package are helpful, they aren't enough to bring the economy back from the brink of recession. Some mortgage lenders' decision to temporarily suspend the foreclosure process through "Project Lifeline" is encouraging but more drastic steps need to be taken to help a housing market that is obviously in trouble. Few would disagree that the explosive growth in the housing market (prices...more
Seller financing can be an alternative of getting a house sold quicker, and without reducing the asking price. By recognizing the number of people in this market who can't get traditional financing as potential buyers, property sellers, and their agents, can minimize their time investment in getting a property sold. Sellers who offer financing can possibly get a higher asking price (or sell their house quicker). This shows to be a nice win-win situation to the seller, and buyer.Most home sellers never consider financing the buyer directly because they are not aware of the advantages.Three Advantages Advantage #1 - MORE BUYERS.How does this work. When a seller lists his/her house on the market and adds "OWC" - Owner Will Carry - this will make the house stand out and attract more buyers (This can be helpful when there are many houses on the market. Similar or not.). Because the potential buyers who cannot get funding from a bank, offering seller financing will open the doors to these prospective, thus increasing the pool of potential buyers.Advantage #2 - MORE MONEY.Offering seller financing can offer the possibility of selling at a higher price. If that is not the case, then...more
In steps the Stock Market, promising higher returns than stodgy old bonds, and money market accounts; hence, the stock market became the destination of choice for retirement savings and Wall Street responded by increasing the offerings to retail consumers through Mutual Funds. Before the year 2000 it was not uncommon to hear that the S&P returned...more
If you work for a publicly traded company, there are simple yet effective steps you and your investor relations director can take now to dramatically increase your company's exposure and attractiveness to investors thus bolstering share value and shareholder support. These are simple, yet proven strategies for gaining and maintaining a loyal and...more
Sometimes bad credit history like unpaid debt, default, arrears, bankruptcy, late payment comes as an obstacle in the way of getting a secured loan. But now a day there are many lenders who wants to offer secured loan by using borrower's property as security against the loan, without checking their credit history.A secured loan requires your property such as home, car, bond or any other acceptable form as security against the loan. So bad credit borrowers who needs a large amount of money can apply for secured loan by keeping their property as security to get the loan. They can also spread their borrowing over a longer time in this kind of loan.Basically, this loan offers amount from £5000 to £75,000.You can apply for any amount as per the specified limit. Since these loans are secured against high valued collateral, a borrower gets loan according to the value of their property. As far as repayment term is concerned, these loans offer a repayment term of 5 to 30 years. In fact, every borrower has the privilege to choose repayment term as per his or her convenience.As far as interest rate is concerned, these are considered as less costly loans for bad credit borrowers. Since, you...more
Loans are taken out when one finds no other way to obtain the fund required. Most of Britons are facing financial fuss. For the reason, lending authority has come up with solutions of secured loans UK so as to provide best monetary helps to the...more
Your eligibility for putting collateral can certainly enhance your chances to avail a potential financial help. Often your personal needs too have a big budget that takes a hefty sum. Generally, personal loan is considered for small financial help...more
One of the many factors to be taken in account while taking a loan is the interest rate charged on it. Interest rates ultimately determine the cost of the loan. A high interest loan is not a comfortable affair to deal with. Persons in search of low...more
Your financial help may be of low cost depending upon the options available to you. Market is full of the options. It has a range of services with differed cost. It is your profile that makes your deal better. Your property can play a vital role in...more
The diversified nature of demands of the people has induced the financial market for sky limit changes. Gone are the days, when people used go for a loan only for a hefty sum. With the mind blowing experiments of the financial market, now, even your...more
Taking loans no longer remains a taboo. People irrespective of their financial situation go on to take loans to meet their growing expenses. But the real concern for everyone is that the loan should be cheap. Cheap loans UK offers the opportunity to...more