The collapse of the economy began with a wind of reality blowing against the house of cards of subprime mortgages. We all live with the results of overly aggressive lending practices and overactive government intervention. With all these friends, who needs enemies? As the market realigns, property valuations have plummeted. Some of you may even…
Category: Real Estate
The benefits of using a second mortgage
A second mortgage is a secondary loan secured against a property. If this loan defaults, the initial loan must be paid off first. These loans are taken out for a variety of reasons and are commonly used as a source of emergency financing. A mortgage can be obtained as an installment loan or as a…
Hard Money Lenders: Providing Support During Financial Crises
Hard money lenders provide short-term capital that is based on real estate acting as collateral. The loans provided by these lenders are undoubtedly more expensive and have higher interest rates than other types of loans due to the fact that fewer income documents are required to obtain these loans, which can carry a high level…
Credit Card Point Systems – What a Joke
We hear a lot of reasons why people can’t give up their credit cards. We need it for security. “Credit cards are much easier than cash.” “You need a credit card in today’s society.” “We pay it every month.” Whereas we could debate each point and make a strong argument as to why they don’t…
Before Choosing a Property Manager, Know These Duties You Must Fulfill
Opting for home property management is definitely a good idea, but remember that it can be one of the most terrible things if you lack the necessary information. Having said this, it is important that everyone has the necessary information about the management and work of property managers. This is an important part because it…
Top Ten Tips When Buying Real Estate!
In the current financial climate, real estate continues to be a strong investment in many areas. Informed buyers will always make the most of the real estate market. These top ten real estate buying tips will help you conduct your next real estate transaction with confidence. TIP #1: Hire the right Agent! Hiring the right…
SIBOR and SOR rates vs. Banking Board
In Singapore, the loan packages offered by most banks and other financial institutions are tied to SIBOR or SOR. This is essentially a cost price to the banks, on top of which a margin, called the spread, is added. The Singapore Interbank Offered Rate (SIBOR) is set by the Association of Singapore Banks (ABS) based…
How is critical thinking useful for customer service?
Critical thinking must become a prerequisite for hiring new customer service staff. Today’s customer service is no longer just about being able to smile and help customers when they ask, but also about reaching them in the most creative, meaningful, and impactful way possible. Of course, such flexible actions as long as your staff are…
How To Make $5,000 A Month – Over And Over!
Welcome to real estate investment; new and experienced investors alike. In this article, you will learn the efforts and logic it takes to hunt dogs and birds wholesale. I found this to be the best way to start or continue your investment career to make money with very little cash and minimal risk. This is…
Top 10 home security risks
Two years ago, a 4-year-old boy accidentally shot himself with a gun owned by his father. The accident occurred at his home in Baton Rouge, Louisiana. So far, the case has not yet been solved. In that case, his father did not realize that his gun could kill his son. This accident is just one…