One of the best ways to buy a used car is to narrow down your list of automotive candidates to a few promising models. The best way to buy a car is to decide whether: what kind of car do you want? What option do you want? if color matters if it will be new…
Property owners often wonder how they can use the value of their home to access low-interest financing. A loan or a home equity line of credit are two options available to you. Check out some of the differences below to find out which one will be a better fit for your needs. Home Equity Loan…
standard variable rate mortgage Standard Variable Rate or SVR is a type of mortgage where the interest rate can change, influenced by the Bank of England’s base rate. Each bank sets its own standard variable interest rate which is usually a few percentage points above the Bank of England’s base rate. SVRs are one of…
You must have heard the saying: there is profit when you buy property. Simple, yet powerful. Unfortunately investors often forget that lesson and end up paying way too much for properties. If I’m going to rehab a property and put together money for that project, it’s important that I know the exact price to pay…
More homeowners age 62 and older are starting to take advantage of the many benefits that a reverse mortgage offers them, including the elimination of monthly mortgage payments and access to their home’s equity. Unfortunately, as these loans have become a more popular form of financing, the ways in which older homeowners are being defrauded…
Do you know that you are being cheated? Now, everywhere. on TV. in the newspaper. On the radio. in magazines. You’re getting the same message over and over again: “Buy now, pay later”; “Consolidate your loans into one easy monthly payment”; “Get a Secured Line of Credit”. Or the perennial favorite, “Don’t worry, it’s good…
If you are looking to buy a new home, you must be prepared for home tours, short listing and an experience full of memories. However, if you are new to the sector, getting a mortgage can be difficult for you. You may not have the time to contact different lenders, check details, and apply for…
Even as unsavory as housing marketing, converting for sale by owners (also known as FSBOs or “Fizzbos”) referral sources is still an effective marketing strategy. Don’t make the mistake of thinking that you’re only going for the opportunity to help Fizzbo get a purchase loan for his new home. The real goal is to develop…
Private mortgage insurance (PMI) has long been touted as a benefit that allows borrowers to purchase a property with as little as 20% down. But who is the real beneficiary of PMI? We are told that PMI insurance is what the lender pays if we default on our mortgage. While true, it doesn’t tell the…
Receivables management is fundamental to every firm’s cash flow because it is the amount it receives from customers for products or services rendered (net realizable value). Receivables are classified as current or non-current assets. These transactions are recorded on the balance sheet. Current receivables are cash and other assets that a company expects to receive…