Tuesday, June 26, 2012

Why Inflation is Eroding Your Savings

The basic principle behind inflation is that as the money supply increases, so too does the relative price of goods and services. A common sentiment for children to hold is "why can't we all be millionaires, then there would be no poor people", or something to that effect. The answer is inflation. In theory we could all be millionaires, but this would drive up the price of consumer goods to reflect the increase in money supply, essentially balancing out society's new found wealth.

The above scenario is an example of hyper-inflation, where prices rise in an exceedingly rapid fashion. In reality, most modern countries with stable, or fairly stable, economies have an inflation rate in the low single digits. When using New Zealand as an example, we have recorded an inflation rate of a little below three percent since the turn of the century, never veering too far from that mark in any one year. For the average citizen what this means is that as the amount of New Zealand currency increases by three percent annually, the price of goods and services follow in order to keep pace. In essence, you would have to be earning three percent or more in additional income each year in order to avoid a decrease in your buying power.

The example of wage parity shares a common connection with how savings are affected by changes in inflation. Your savings must also increase at the same rate of inflation each year in order hold their real worth. If prices are rising annually but your savings remain unchanged, you are able to purchase less with the same amount as you were the previous year. This is why keeping your savings hidden under a mattress is not the smartest investment strategy, even if you ignore the security issues. What the vast majority of us do instead is deposit our savings into the bank.

Banks have made for sound investments, seeing as the deposit rate has traditionally been above the inflation rate, at least in New Zealand. This means that your savings are growing faster than inflation, effectively increasing the value of your deposit within the marketplace. The problem is, following an increase in GST, inflation has risen above the interest rates offered by banks. It is still a far safer investment than storing cash under your mattress, but not as secure as it once was.

Modern investors need to more carefully consider their options when structuring a portfolio. Of course the key advantage of a bank is that you don't risk losing your investment, but if your value is being eroded from year to year then you have to ask yourself what the point is. The best thing to do is speak to an Investment Adviser, who can help sort through your options and minimise the impact of inflation upon your savings.

Highly Effective Bad Credit Debt Consolidation Programs

If you are having trouble because of your poor credit rating, then bad credit consolidation may help you resolve your problems. Consolidating your debts into a single account is convenient. It will also help you manage your finances and improve your credit rating. You may be able to eliminate your debt much faster than making minimum payments to your creditors.

One reason why we acquire numerous debts is our impulsive and incessant use of our credit cards. We buy lots of unnecessary and unessential things that we charge to our credit card and then we find ourselves knee-deep in debts. We spend so much even though we can not afford to pay it. We tend to live our lives way beyond our means.

We will only realize this mistake once we are pushed to the limits of our financial capacity. When we find ourselves deeply in trouble because of our unpaid bills and our creditors begin calling us demanding payments. We feel anxious and stressed. We try to find a fast and easy way to get out of the situation.

One easy way to get out of debt is through debt elimination. Debt elimination is the fastest method (other than bankruptcy) of wiping out credit card debt.

Debt elimination is a program designed to help you get out of debt in about 2 4 years time. It also reduces your monthly payment up to 60%. If you are being harassed by debt collectors, debt consultants will employ various strategies to eliminate or reduce harassment.

Another way to resolve your poor credit rating and settle your debts is through a bad credit debt consolidation loan. In consolidating your debts into one account or credit, you will only make one monthly payment. This will ensure that your finances are more manageable. In addition, you will be able to save on the amount that you are paying each month as well as the total amount of interest you have to pay.

Bad credit consolidation will also improve your credit rating. How? because your new loan will pay-off all your credit card debt. Credit bureaus look at this type of debt as "bad debt". Therefore, when it is paid off, your credit score will rise.

So before you lose your chance of improving and saving your credit record, you have to make certain that you resolve your financial difficulties. Debt elimination can greatly help you in straightening out your problems. Bad credit consolidation can considerably improve your credit rating and reconcile your finances.

Debt Free Solutions is a debt consulting company located in Long Beach, CA. We have been in business for 10 years. We assist Americans across the U.S. to eliminate excessive credit card and other unsecured debt.

We utilize various programs and strategies to aid them in dissolving their debt in the quickest, safest, and most efficient method possible. We also analyze the risk factor. We structure our programs to drastically minimize the risk that is inevitable with all debt elimination programs.

We offer our clients much more than a debt settlement company does. The vast majority of debt negotiation companies simply settle your debts on your behalf with your creditors- nothing more.

On the other hand, we provide free services to significantly help to minimize the risks that are involved in negotiating with your creditors.

First, we offer a free, no-risk 10 day trial service. During our free trial, we negotiate with your creditors on your behalf to lower your interest rates. Also, we research to see if you have any old debts that you are not legally liable to repay. If, for any reason, you are not completely satisfied, you simply walk away. No commitments. No contracts.

Next, we provide a comprehensive credit repair service to all our clients. This is a 5 service that is absolutely free!

Also, we offer free attorney consultation (a maximum of five sessions) in case one or more of your creditors makes any threats.

Last, we provide a written guarantee that our clients' creditors will settle for an average of 50% or more for all of the debts they attempt to negotiate.

Our services are competitively priced- and include the above free services!

Joseph Hernandez
Debt Free Solutions
(800) 668-8090

Monday, June 25, 2012

4 Questions To Ask Yourself Before Borrowing Personal Loans

For many people, personal loans seem to be more attractive options than any other forms of credit. Because, these are offered without providing any security and are easily available if you have decent income flow. As these loans are called as all-purpose loans, they can help you do many things - buy a car, house renovation, holiday vacation or pay for essential household items.

So, if you are one among them thinking to borrow personal loans for any of your personal needs, ask yourself these questions before you rush to take debt.

1. For what am I borrowing money?

This is the first question you need to ask yourself. Think whether you are borrowing money to meet your needs or meet your wants. Need is something you must have (it's a compulsion) and want is something you wish to have. Here are few examples that help you understand the difference between need and want.

Some of the expenses that come under need are:

Medical emergencies
Child's admission fee
Wedding expenses

Some of the expenses that come under want are:

Purchasing consumer durables
Financing a holiday vacation
Purchasing a house, luxury car, etc.

After understanding for what you are borrowing money, ask yourself the next question.

2. Is borrowing a best option?

There are many ways to get what you want without borrowing money. If it is a 'want', you can save and buy later. It is always better to purchase things you wish only after accumulating or saving the required amount.

In case if it is a 'need', there is nothing bad to borrow a personal loan. However, you need to make sure that you will repay it on time. Now, if you have decided to borrow money, then you should ask yourself the third question.

3. Can I afford repayments?

Here comes the crucial part of your decision making about borrowing money. The high interest rates, fees, charges can make your personal loan more expensive, especially, if you borrow more than what you can afford.

So, you need to understand whether you can afford repayments or not. Check with your budget, whether you can keep aside some amount of money for paying EMIs or not. See where can you cut costs and generate surplus for repayments. Now, the last question is based on the challenges you need to face after taking personal loan.

4. Is this the right time to borrow money?

After making sure that you can pay the repayments, think about any changes that might affect your savings or investment plans. Also, keep view of your job security, health issues & other financial obligations. In case you are borrowing to purchase things on debt, check whether you have enough savings for emergencies before you borrow. But if you think that taking loan now can risk your other obligations, then it is better to save now and borrow later.

It is best advised to take personal loans only for emergencies. This is because, compared to other types of loans, personal loans usually have high interest rates and it would be foolish on your part to take this extra financial burden for less important and superfluous things.

Why To Invest In Kochi

Cochin, also acknowledged as Kochi is a gorgeous city situated in the South West coast of India. Kochi is positioned in the God's Own country of Kerala, with spectacular landscapes of Arabian Sea, coconut trees and beautiful boats. The city of Kochi is also acknowledged as the "Gateway to Kerala" and frequently known as "Queen of Arabian Sea". In comparison to other Indian tourist destinations, Kochi is calm and hygienic. The rainy season is between the months of June and September and the standard temperature is about 22 to 34C.

Kochi is the rapidly developing city and the real estate market in Kochi is thriving at present. Apartments near Cochin International Airport cost from Rs 2, 50, 000. There are hotels up to 4 star, gorgeous holiday villas and not to mention, the Panchakarma treatment centers. These are just a few good reasons why to purchase a property in Kochi. In fact for most of the people these days, wealth stays put in property and building. And with expansion of private real estate possession, it has turned into a foremost business area for many.

The housing sector in Kochi is on the increase exponentially owing to elevated demands from NRIs and real estate property investors. Roughly 2 million NRIs living overseas are making enormous investments in the residential spaces of Cochin supporting the trend of luxury and expensive apartment houses. Gone are the days whilst people might spend their whole life in an age old house devoid of ever wanting to leave it. The generations of these days desire to purchase the most lavish and most comfortable spaces that evidently mirror their class and style. Building of luxury apartment houses that proffers impressive choice of housing with a host of facilities is the new agenda of property developers in Kochi.

The high livelihood standards and the equivalent demand for lavish housing property in Kochi are probable owing to a number of reasons. Some of them are:

Growing disposable earnings of the middle class people.

Reasonably priced properties obtainable rather effortlessly.

Housing of travelers working with different organizations in the city.

The unending development of Indian corporate, MNCs and IT Parks.

Long-standing investments from NRIs into real estate projects.

Enlivening of market much earlier than expected.

The port city of Kerala, Kochi is being graded as the 2nd probable city for investments in IT sector by NASSCOM. Though a substantial number of Kerala inhabitants reside in foreign countries, real estate sector in Kochi has at all times been the topic of NRI interest. Of late, the rush generated by invasion of IT/ ITES based organizations in the property markets has also resulted in towering real estate property values in Kochi.

A great number of workers are settling in the city and the demand has evidently had their impact the capital costs and rental charges of properties here. Yet, the NRIs have no twinges over the similar and property investment in Kochi is still one of their preferred alternatives.

Sunday, June 24, 2012

Borrowing After Bankruptcy: 4 Tips On Improving Credit And Securing A Loan

Bankruptcy is a stressful process altogether, yet a great relief from most, if not all, of your overwhelming debts. Once the bankruptcy has been discharged, most people wonder if they would be able to borrow again. Besides giving you a clean slate, bankruptcy also puts a serious mark on your credit, signaling potential lenders that you have chosen to give up on your financial obligations once already. Bankruptcy filing may stay on your credit report for up to 10 years; however, it does not mean you would not be able to get loans and credit cards for that long. There are certain steps you may take to increase the chances of being approved for credit and to pose as a trustworthy borrower to lenders.

Get Secured Credit Cards to Boost Your Credit

Do not even dream of getting credit cards right after bankruptcy everybody you will apply with would simply reject you. While you may not be eligible for unsecured revolving lines of credit, most banks would gladly approve you for a secured credit card. The way secured credit cards work is very simple: you open a savings account with your credit card issuer, where money is held in escrow, and you get a credit card with credit limit being equal to your security deposit. Secured credit cards are being reported to credit bureaus in exactly the same way as traditional credit cards. As credit card debt accounts for 35% of your credit score, opening a couple of secured credit cards would greatly improve your credit ranking in as little as few months.

Show Responsible Banking Behavior

In addition to opening secured credit card accounts, it is recommended to demonstrate responsible banking behavior. Make sure you have both, a checking and a savings accounts open, and contribute a little from every paycheck towards your savings. Banks love people who are able to save, as they typically are more responsible and pose less risk of loan default. In addition, putting some money aside every pay period would help you to build an emergency fund for unforeseen expenses. Needless to say, that you should not bounce checks and go over your available checking account balance, as such is a clear indicator to lenders that your finances are a mess.

Apply for Small Loans First

Nobody is going to lend you a good chunk of money right after bankruptcy. However, few lenders may entrust you small amounts, typically ranging from 0 to ,000. While interest rates and terms on loans for people with freshly discharged bankruptcy are far from desired, such loans give you an excellent chance to prove that you have learned your lesson and are responsible with borrowing money. In addition, personal loans report to your credit file, further improving your credit score and reestablishing your credit history.

Use a Cosigner

If you have a family member or a friend whom you may ask to serve as guarantor on your loan, you should definitely exercise such an opportunity. Using a cosigner not only improves your chances of securing a loan but also saves you a good deal of money, as cosigned loans have lower interest rates and fees. Before taking a cosigned loan out always ensure you would be able to repay the loan on time, as failure to make your scheduled monthly payments would make your cosigner liable to repay the loan.

Despite following all above tips on improving credit rating, some borrowers may experience difficulties obtaining loans from traditional institutions: banks, credit unions, and credit card companies. The best way to secure a loan after bankruptcy is to use the services of nontraditional online lenders, as they have less stringent application requirements and are able to approve people even with major credit problems.

Saturday, June 23, 2012

Bad Laws Behaving Badly

One of the biggest government myths that Americans need to overcome before they can restore their freedom is that when politicians pass a law, then all is well in the world, the assumptions being that 1) the intended consequences of the law will actually materialize and 2) there will be unintended (usually bad) other consequences. If one takes the time to consider laws from various areas and levels of government, it becomes obvious that the intended benefits of the laws written by our current politicians rarely materialize and there are usually negative unintended consequences. Consider the following examples:

- It is against Federal law to use marijuana for any purpose. However, if you search the Internet for current usage levels of marijuana, you get estimates, that while inconsistent in actual estimates, all agree that millions and millions of Americans have and are currently using marijuana. What good is a law if millions of citizens flaunt it and are unlikely to suffer an consequences from flaunting it?

- A recent news article by Steve Chapman from the Chicago Tribune claimed that the United States is the biggest online gambling country in the world (estimated at billion a year) despite the fact that the Bush administration outlawed online gambling at the Federal level several years ago. Thus, outlawing online betting could not stop it from becoming bigger than ever, certainly an unintended consequence.

- It is illegal at the Federal level to enter the United States without proper credentials and permission but by most estimates, over 10 million non-Americans have flaunted that law. Another bad law that has not performed as advertised.

- A recent article in Reason magazine pointed out the fact that Utah recently repealed a law that had made it illegal to collect rain water for personal use, certainly a bad law behaving badly, criminalizing the collection of falling rain water. Unfortunately, Utah could not quite get totally out of the bad area in this matter since while the replacement law said it was no longer illegal to collect rain water, Utah residents now have to report to the state government how much water they collect. Can you imagine having the state government job of collecting and tracking collected rain water? Talk about a bad use of taxpayer money.

- Early in the Bush administration's tenure, Congress almost unanimously passed the Sarbanes-Oxley legislation. The purpose of this law was to clean up the accounting and financial reporting requirements of public companies in the wake of a handful of accounting scandals (e.g., Enron, Worldcom, etc.). The purpose of the law was to force every public company in America to have transparent and accurate financial statements and behavior in order to protect stockholders and other investors from investing in companies that were providing bogus financial statements and provide an accurate picture of the companies financial health. Sounds like a good bill but it quickly became evident that while the intent was good, the behavior was bad:

1) First, while it was true that there were some companies that had fudged their numbers, the vast majority of American companies were never implicated or accused of putting forth bogus numbers. Thus, the law became an onerous and waste of money and resources for all American businesses even though only a small handful of businesses had behaved criminally badly. This waste of time and resources takes away resources that could be better spent on competing in the world marketplace.

2) Second, early last year, all of the major banks and financial institutions in the United States were put through so-called "stress tests" to determine what their financial health was after the recession had started. But wait a minute, wasn't the Sarbanes-Oxley supposed to provide accurate and transparent accounting and financial statements? Why did we have to do these additional extensive stress tests to find out how stable these financial institutions were? Wasn't Sarbane-Oxley enough? And if the law was not enough in this case, how can we be sure that it is even worthwhile having if additional tests and analyses had to be done? Seems like a bad bill behaving badly if additional effort was needed to determine what Sarbanes is supposed to do on its own.

3) Third, two of the biggest casualties of the economic downturn were Bear Stearns and Lehman Brothers. These two companies were once two of the largest investment banks on Wall Street, having been in business for many, many decades. However, consider a short timeline of their demise. In February, 2008, Lehman Brothers had a stock price of over per share and Bear Stearns had a stock price over . By the middle of March, 2008, both companies were gone, with Lehman Brothers disappearing completely and Bear Stearns being bought by JP Morgan for .00 a share. Thus, another example of how bad the Sarbanes-Oxley law performed. An established company cannot go from having share prices over a share one month and than be out of business the next month without there being some major structural problems, problems that should have been evident in its financial statements. However, no where could I find a source that said how well Sarbanes-Oxley worked by providing protection for investors In these two companies. here today, gone tomorrow and the Sarbanes-Oxley processes never had a clue of the problem.

4) The biggest accounting and fraud scandals of the past few years were Ponzi scams operated by shady characters such as Bernie Madoff that fleeced many, many people for millions of dollars. However, Sarbanes-Oxley was not good enough to see the next generation of accounting fraud, it was just poorly fighting the last generation of accounting fraud and is not even doing a good job at that, given the stress tests. Just four instances (Lehman/Stearns, stress tests, wasting every U.S. public company's resources) where a Federal law was another failure of delivering what it was supposed to do.

- And finally, consider the recently passed financial markets regulatory reform law. Politicians would make you think that they just passed the perfect law to protect America from the next "great recession." However, a review of the media accounts of the reform law described the new law in various ways including calling it an empty "shell bill," the law did not fix the problem. consumers are still unprotected, the politicians punted the hard decisions, the politicians kicked the can down the road, etc. You cannot have a good bill, only a bad bill, when you delay making the hard decisions, which many feel this bill does, and when you exclude two of the biggest financial areas in the economy, auto loans and Freddie Mac/Fannie Mae. Looks like this will be another bad law behaving badly.

At least four steps are needed to address this problem of politicians passing bad laws. First, we need to start downsizing the Federal government by at least 10% a year for the next five years. The only hope for getting good laws that work well is by having our politicians work on fewer but more important issues. Hopefully, the would then get them right. Second, we need to put an end to the gerrymandering of Congressional districts in order for us to get politicians in Congress that are more likely to compromise and incorporate others' worthwhile ideas into our laws going forward. Third, we need to implement term limits so that we continually to get a fresh set of ideas into Washington that may be more in tune with the reality outside of DC, as compared to politicians that have been in office for decades. More importantly, this step would eliminate the taint of campaign donations that distort and weaken laws before they are passed as politicians trade legislative favors for donations. And finally, we need to repeal Sarbanes-Oxley since it makes no sense to have a useless law on the books if it does not do what is is supposed to do but wastes American corporate resources in the process.

The bigger issue is that if we keep passing bad laws that people realize are bad, stupid, wasteful, or unlikely to be enforced, the more likely citizens are to ignore or break all laws, both good and bad. Fewer laws that are better and fairer and actually work: what a concept.

Friday, June 22, 2012

Acquiring And Financing A Kenworth Truck

In today's economy, start up and seasoned businesses have an unique opportunity to acquire an attractive deal for any type of Kenworth truck. The first option, for the buyer, is to visit their local dealer and find his truck there. This is great place to start and obtain pertinent information that will be used later in the data gathering process. From there, it is recommended searching the internet and its mass volume of data that is available. The potential buyer can visit such sites as truck paper and truck trader etc to view thousands of listings of trucks available across the United States. He is able to sort and sift through this vast data and should be able to find a truck, in any city and/or state across the U.S, that meets his acquistion requirements. Once he has located a source of trucks available to him, he is able to contact these sellers and negotiate a deal that might be able to meet his needs. Once he is agreed to a price and its particulars, his next hurdle is to find adequate financing in today's complex lending world of this commodity.

The type of Kenworth trucks we are identifying for this article is the following:

Kenworth dump trucks, Kenworth semi trucks, Kenworth garbage and refuse trucks, Kenworth Tow trucks, Kenworth Cement Trucks, Kenworth Concrete Trucks, Kenworth Flatbed Trucks, etc

Today, the financing arena for Kenworth trucks has become much smaller, especially for over the road trucks.. Lenders, in the past, that use to finance this niche market have either pulled their portfolio funds out of this area or have modified its lending requirements. It is not unheard of today that a start up business must commit to a down payment of between 10% - 30% of the acquistion cost of the Kenworth truck to enter this market. The seasoned business with good credit might be able to get in as little as one payment down plus documents fees but must have either A or B Credit. Other seasoned businesses that don't meet these credit requirements, may be required to put up 10-20% down or either put up additional collateral as their credit scores fall below 600. Most buyers don't enjoy these tightening financial requirements, are locked out of this market, and will start looking for alternatives that are available due to market conditions. In addition to the market requirements of substantial monies due upfront, the conventional lender has modified his risk/reward factor for the failure and possible repossession of these trucks. Therefore, the rate and/or interest factor that the lender charges has gone up making it a bigger challenge to complete the financing end once the want to be buyer locates his acquisition.

As the economy has weakened due to market conditions, including diesel gas reaching .50 or more per gallon in certain states, the route of conventional financing has changed as we know it. The lender has acquired another problem that makes their equation a little more complicated. In the past year as the price of food has gone up, the real estate markets have taken a toll for the worse and other world factors have caused the banks to be more unstable, the trucking industry has become more volatile. As the increase of defaults on the payments of Mack and all other trucks have risen to all time highs, the lenders have been taking back these trucks by the droves that are earmarked as repossessions. This has caused a problem with normal lending practices and trying to balance it with a non producing income portfolio. If these lenders don't act swiftly and prudently, the combination of these two type of portfolios can be devasating to the lenders' bottom line. A third factor to consider is the off lease truck. These trucks are being returned to the lender and they must act accordingly with this third factor.

By definition, a Kenworth off lease Truck has been returned to the lender as the lease has expired. The lessee has made a decision to return the item in lieu of exercising the buyout option. A repossession is different than an off lease because it has arisen due to a default of the lessee for non payment terms or a violation of the terms of the lease. Either way, the lender has taken these trucks back and/and now must recondition these trucks and either sell these trucks or re-lease them.

The lender can either advertise their off lease and repo inventories through their internal sales force, trade journals such as truck paper, truck trader etc or utilize outside professionals such as brokers to move their inventories as quick as possible. Sometimes, as these inventories either sit or whatever reasons aren't moving, the lender will put these items up for auction.
At the present time, the lenders have two different types of financing portfolios to consider and must act accordingly. Normal lending on new business deals still require stringent lending practices based upon the credit markets and the risk/reward factors lenders perceive out there in the financial markets. The second type of portfolio, for the off lease and repos, require possibility a more lenient approach to liquidating their inventories prudently and recreating the income stream for the lenders. This will be discussed below.

Today, some of the lenders in the financial market have advertised personal credit qualifications as low as 600, prior bankruptcy rules amended or ignored, and start up businesses welcome. Additionally, the front money to commence a lease can start as low as first payment only to whatever you might able to negotiate. Some of the lenders have application only programs up to 0,000. There are no financial statements, income tax returns or bank statements required. Additionally, some lenders may defer some of payments to get the semi trucks financed. The buyout clauses on these over the road trucks can range from a .00 buyout to 10% to 20%, Trac leases to possible fair market value buyouts. One should understand these clauses because they have an impact on the passing of title.

These favorable financial arrangements by the lender has stimulated the buyers wants and needs to either enter the trucking industry as an owner operator and/or possibility an expansion of a existing business. First Time buyers, whom were locked out of this market in the past, now has an unique opportunity to earn more revenue by acquiring a Kenworth truck for himself. A ,000 over the road Kenworth truck might require as little as 00 down to commence the financial obligation. Other lenders that might have required up to 30% down in the past might accept as little as 10% to acquire one of their repos and/or off leases..Additionally, some lenders may offer favorable monthly payment terms vs standard lending to acquire their off lease and repos vs. the buyer looking to acquire a truck at a dealership..
In conclusion, this is a buyer's market for Kenworth trucks. One should evaluate all the factors relating to this acquisition including gas costs, air emissions,environmental type requirements., buyout clauses acquisition costs and its related financing.

Additionally, there are two distinct financing markets out there, one for the normal acquisition from the dealership and the possibility of acquiring a repo and off lease from a lender at favorable market and financing terms. As always it is advisable, if possible, to locate financing prior to truck shopping, it could save a lot of time and stress.

Happy hunting for your acquisition and related financing

Thursday, June 21, 2012

Real Estate In Panama- Advantages Of Hiring An Agents

If you own a house and would like to market it or desire to buy one, it will be ideal if you comprehended how the real estate in Panama market operates. The very first point to begin with in getting higher profits on property investment is to employ a realtor or a broker.

A realtor is not helpful only to the closing of a sale but also can offer you superb tips. It will not be sensible to venture into the market of purchasing and selling property without proper know-how. As suppliers of real estate are countless, scams might be inevitable.

Nevertheless, you can save yourself from hassles and stress of falling into the bad hands of fraud in real estate. Furthermore, the info that you could get on the web concerning the process of purchasing and selling property in Panama is complicated. The majority of the details will befuddle you more rather than help you create a wise decision for your loved ones. The only best option is to employ the services of a realtor and luxuriate in wonderful advantages. Here are the benefits of a realtor who has expertise concerning the process of real estate in Panama:

Education and experience- because an agent has the necessary skills as well as expertise regarding how the industry of real estate property works, that simply means one thing. You do not have to run up and down trying to get something that relates to real estate. In other words, you'll be leaving the job to the hands of an experienced person. Are you aware of what you will obtain if you deal with an expert? You will find that the procedure of buying and selling property becomes simpler. Additionally, you will have extra time which you can use to focus on other profitable things in business or even with your loved ones.

Professional experience- an agent/realtor has experience in the methods that a negotiation process requires, marketing tactics, and also how the real estate in Panama market presently operates. Therefore, the real estate agent will be in a far better position of giving you with important guidance regarding the ideal steps that you must follow when buying/selling property. When you're mad a choice to buy real estate, you should have had particular anticipations. If you did not have expectations, an agent will help you know the exact thing that you should expect.

An agent can assist you in learning your tasks and also legal rights, help you make the ideal moves based on the objectives that you have set. More so, a realtor will discuss the available options of having finances and help you find other specialists who will guide you in going to the next actions.

Best price- since agents is knowlegeable with the negotiation tactics and knows clearly how the real estate market operates. They'll consistently assist you get the best cost in the market. A reputable and reliable realtor has the best expertise and sources which will help in establishing the lowest buying and highest prices in the market.

There, you now know the benefits of working with a realtor. They're diverse, and they are more than you have read in this write-up. If you want to achieve greater objectives, you have to work together with a real estate agent in contrast to leaving everything to the agent. You must allow the realtor of real estate in Panama know all your goals.

Selecting The Right Boat Surveyor Is Critical When Buying A Used Boat

Surveying a yacht before making your final purchase decision is critical. You need to know what kind of condition the boat is in and whether all systems are in good working order. Surveys are meant to protect you from unpleasant surprises.

The majority of marine insurance and finance companies will insist on a survey not more than three months old before they will insure or finance a vessel. Check in advance that your insurance and finance company will accept your surveyor choices.

Once you and the seller have settled on a price and you are in possession of a Purchase and Sale Agreement signed by you and the seller, the yacht is then taken off the market until you make your final decision to purchase. Your deposit money is safely tucked away in your yacht broker's escrow account. The purchase agreement allows a window of usually two to four weeks for you to have the vessel inspected.

Every boat should be surveyed before you lay out your hard earned cash and take possession; this includes new boats that have just been delivered from the builder. I have not met a new boat yet that arrived in perfect condition with all systems working and all flaws corrected. Float switches are not working, engine mounts are not secure, nicks in the Gelcoat have not been fixed, screws are missing and the list goes on. I have seen five page lists of items that need to be fixed on a brand new boat that need approval by the builder. Getting a survey done will save you a lot of money and oftentimes months of aggravation in warranty claims.

An engine survey and general hull survey are recommended; this requires two surveyors. The engine survey should be done by a qualified mechanic for the type of engines on the yacht. Have the engine surveyor inspect the generator as well. My experience has been that most general or hull surveyors will be able to recommend engine surveyors if you do not have a personal preference.

It is helpful to keep in mind whenever selecting people to assist you in your boat purchase to try and choose those with no conflict of interest in working for you. For example, asking the local dealer for the engine type on the boat that you are buying to do an engine survey may not be the most helpful choice. Your new boat is potential new business for that engine dealer in future repairs and maintenance. Those engines could get a clean bill of health during the survey only for you to discover they require a major overhaul once you take delivery. It may be a wiser choice to select a qualified mechanic to do the inspection who is not the local dealer for those engines.

The general or hull surveyor inspects all of the other systems on the vessel. This will include but is not limited to the condition of the hull and deck, running gear, appliances, furnishings, bilge pumps, and sanitation systems.
Sailboat buyers will also want to employ a rigging surveyor. Rigging surveyors have specialized knowledge in standing rigging, deck hardware, and sails that general surveyors usually do not have. To find someone qualified to inspect sailboat rigging check the nearest sail loft or ask around at your local yacht club.

If you do not know a surveyor personally, have your yacht broker refer you to someone. I always recommend three or four surveyors to my clients from which to choose to ensure that there is no perceived conflict of interest. It stands to reason that if I have an interest in you buying the boat so that I can earn a commission, then I should not be telling you who would be your best choice in verifying the condition of the boat under consideration. You should be a little suspect if your broker insists that you use the surveyor that he recommends. When the boat is located in a part of the world that I am not familiar with I will call a broker colleague who works in that location for recommendations.

You can also do your own search for a surveyor by going to the Websites for the National Association of Marine Surveyors (NAMS) or the Society of Accredited Marine Surveyors (SAMS). NAMS requires their members to have several years of experience and that they attend workshops and seminars to update their skills. You can search for surveyors in your area or close to the location of the vessel you wish to purchase. Find someone close to the boat if you can as surveyors will charge by the hour for travel.

Survey day is Judgment Day! Survey day typically has you meeting with your surveyors, the seller or his representative, someone to operate the yacht during the day, and your yacht broker if you are using one. Surveys on small to medium size yachts can usually be accomplished in less than a day. Larger vessels can take up to a week to inspect all systems.
Arrange with a boat yard to have the yacht hauled out on the day of the survey so that everything below the waterline can be inspected. You will need to tell the yard manager when you want the boat hauled and the size and make of the vessel.

The survey day schedule will have everyone meeting at the boat first thing in the morning to start the survey. Surveyors like to do engine room work when the engines are cold. When that work is completed the boat is run to the haul out facility that you have selected. The boat is hauled to facilitate the inspection of everything below the waterline. This includes the hull, struts, shafts and bearings, props, through hull fittings and anything else that lurks down there.

Note that you should always insist on the boat being hauled. I remember several years ago surveying a fairly new 57-foot Motoryacht in Miami, FL. We took the boat for a sea trial and then back up the Miami River to a boatyard. When the yacht was hauled we discovered a section of the hull below the waterline about 3-feet by 6-feet had delaminated during the sea trial. A call to the builder in Seattle verified that they would pay for the repair and re-inspection and the sale went to closing. If we had not done the haul out, my client would have discovered the problem at his next boatyard visit. That would likely have resulted in a law suit or some type of legal action involving several people. Clearly the lesson here is to always, always have an inspection done below the waterline.

The yacht is placed back in the water for a sea trial and the completion of the survey. Be prepared to pay all surveyors before they leave the yacht at the end of the day. You will also be required to pay for the haul out before the vessel is put back in the water.

Most surveyors will give you a report of their findings during the course of the day with a verbal summary before leaving the yacht. That will be followed by a written report by email and a hard copy by snail mail generally within a couple of days depending on the size of the boat and length of the survey.

The advantage of having both the listing and selling broker present at the survey is that you can often negotiate to have the seller fix items that have come up during the survey, or ask for an appropriate price reduction on the spot.

When you receive the survey results you will have the information necessary to make a decision to accept the vessel as is, ask to have certain issues corrected before accepting the yacht or reject the boat and get your deposit back.

Once the survey repairs have been completed have your original surveyors re-inspect the boat to verify that the repairs were done to their specifications. Once they have signed off on the repairs you can then proceed to the closing.

Wednesday, June 20, 2012

Repay The Home Loan Without Any Prepayment Penalty

The last decade has witnessed an unprecedented growth trend due to the development of organised retail and IT sector, expansion of large corporate houses to the upcoming metros and state capitals and the increased disposable income in the hands of Indian youth. Owning a home is no longer a after 40 affair. The increasing trend among the Indian youth is to own a home in the early thirties. The sky rocketing price of real estate is also fuelling the scenario. Real estate is no longer associated with the mere residence purpose, rather treated as a smart investment option.

However with the rising interest rates and mounting inflation the home loan customers are little bit annoyed. To counter this ,banks are beginning to encourage them to partly prepay their loans without any penalty or a decreased penalty. Earlier all the banks in the home loan segment were doing with prepayment penalty. India's largest bank, the State Bank of India is encouraging prepayment without penalty clauses even if the consumer has crossed banks' annual prepayment limit. ICICI bank has followed the suit to insulate home loan customers from rising interest rates.

The redemption of early payment penalty has come up with the increased Repo rate of the RBI. Repo is the rate at which the central bank lends money to bank in the banking system. The central bank has also increased the cash reserve ratio or the CRR. The cash reserve ratio is the percentage of deposits banks must keep with the apex bank. as the CRR and the Repo rate has been increased, the banks were bound to increase the home loan rate and as a consequent result home loan EMI increased. Most of the Indian banks raised their lending rates 50 basis points to 100 basis points. The state bank of India has raised its rates by 50 basis points while private players like ICICI Bank and HDFC by 75 basis points. In such an expensive credit situation, in order to give respite to the customers the banks are looking at aggressively encouraging part-prepayment. The tight liquidity conditions and the high cost of funds will be some how countered by this facility.

The penalty free prepayment facility will help banks to access cheap funds from consumers and this fund can be redeployed to high interest earning segments like personal loan plans and corporate loan plans .The number one private bank, ICICI, allows its customers to prepay most of the home loan but made it mandatory for the last 12 months' home loan EMI to continue. Simply, the customer can make repayment of 14 years if the loan plan is of 15 years.

The prepayment penalty of home loan was of 2-3 per cent on the amount paid (over and above the cap). the banks used to levy such penalty because the lose out on the interest income. Since the banks are encouraging the customers to prepay the loan amount due to the hike in interest rate, they are avoiding the penalty for any early payment. According to the Industry estimate, 15 -20 per cent that customers will repay without any penalty.

However the waiver of penalty is not followed by the banks without any discrimination. Some of the Public sector banks are considering the penalty waiver on a case-to-case basis when customers prepay to keep home loan EMI and tenure unchanged. When the customer has taken another loan to prepay the home loan, the banks charge him a fee and it is treated as a source of fund generation for the banks.

Sunday, June 17, 2012

The Fractional Reserve Banking Fraud

Fractional reserve banking and the fraud that came with it is at the core of the present-day financial system. In order to grasp an understanding of the ongoing dilemma, and why Federal Reserve Banks are at fault, it is essential to understand the concept of Fractional Reserve Banking and why it is more than just counterfeiting.

Contrary to what is believed, the American dollars in your bank account are not the same dollars in the form of cash (Federal Reserve Notes) in your wallet. The dollars in the banks are make believe paper dollars, or numbers on a computer created by the bank an obligation or promissory note to pay you a certain dollars in Federal Reserve Notes. Simply stated, the bank backs the dollars in your bank account while the Federal Reserve backs the Federal Reserve Notes.

Throughout time, gold was the only existing currency. Purchasing your daily loaf of bread with pure gold did not seem practical and for that reason, goldsmiths served as early bankers. Goldsmiths would issue certificates that were backed by gold and this allowed people to purchase things with paper money. This paper money was represented by pure physical gold bullion and was stored in the goldsmith's vaults.

Producing certificates to look after gold meant that a significant amount of cash (gold) was just sitting around in storage. So the goldsmiths decided to start a fraud. When this happened, they became the bankers we know today.

Creating this fraud was really simple. Given that people did not know how much gold was actually stored, it was easy for goldsmiths to issue out more certificates than the gold being stored. By doing this, they attempted to earn more interest than would have been possible if they would have limited themselves to loan based on the gold stored. These goldsmiths relied on the assumption that not all of the certificates would be cashed in at the same time and therefore nobody would find out.

This is a critical explanation of the fraud that is fractional reserve banking. In the time of goldsmiths, it was easy to distinguish between right and wrong. The promissory notes were backed by the gold in the vaults. The moment the goldsmiths decided to issue notes that were backed by nothing (aside from the supposition that they would have enough gold inventory to pay, assuming not everyone demanded their physical gold at the same time)thus the process of fraud began.

How is it possible that bankers were allowed to get away with something like this? How could no one say anything about the false creation of gold?

Enter the government. Corruption can stem from power, and absolute power corrupts absolutely. So indeed, the government knew the trick of the goldsmiths' scam. However, the world's ruling classes knew it was not convenient to stop it. Instead, they saw it advantageous to perpetuate the scam. Why? Because by taxing and regulating the issue of money, they could keep a system in place where both could profit. This inevitably led to what we know as Fractional Reserve Banking.

If you move forward in time 500 yearsthe US Dollar is the world's reserve currency and serving like the world's goldsmith. Privately owned by several mysterious group banks, the Federal Reserve System illustrates the jaded relationship banks and governments have developed in the last 500 years. For some reason, world economies fall in the same trap of the same scam.

The interest rate banks operate under and lend are controlled by the Federal Reserve. In addition, the Federal Reserve controls the fractional reserve ratios banks are required to maintain (as a percentage of their reserves held in Federal Reserve Notes). What does this mean? The money supply and the new money' being created are controlled by privately owned company comprised of banks allowed to counterfeit' money. There is also the interest charge on those dollars created out of thin air!

For those reasons, I have a nickname for Fractional Reserve Banking: I refer to them as Fictional Reserve Banking. How long will you allow yourself to be fooled by this fraud? Will you take the steps necessary to protect yourself and stay ahead of the crowd?

Here are some suggestions for further reading: It is essential to understand the Fractional Reserve Banking in order to find or create positive banking solutions for your family and future. Solutions like these are the ones author Peter Macfarlane writes about in his blog on offshore banking. Peter also writes several articles on the topic of Wealth Creation for The Q Wealth Report which is a leading quarterly journal dedicated to financial privacy and individual liberty, as well as offshore asset protection. He is also a well-known authority and speaker at offshore living events.

Buy Austin Homes For Investment Through Reliable Real Estate Agents

Many people who visit Texas enjoy the warm climate and look for Austin Homes to purchase as investment or for setting up residence. Austin is the capital and fourth largest city in Texas. The real estate market is booming in Austin as many people are focusing on investment opportunities in this beautiful state where the scenery is magnificent and the weather is warm and inviting. Values of homes are now skyrocketing and people realize the necessity of building up a good investment portfolio. Investors can own homes with owner financing in Austin or the surrounding areas such as Round Rock or West Lake Hills, RX.

When the industry starts shrinking, the demand automatically goes up and this is exactly why the current sales are steadily rising since 2012. Anyone interested in learning what is owner financing, when buying properties or Austin homes, should contact the best real estate agency in the area that is qualified and experienced to handle the entire transaction. You can look for these service companies in your area through the internet. Read the testimonials and review the feedback to be assured of their quality service. The real estate agent should be able to discuss financial strategies to help you invest without using your own credit or cash. They should also be able to help you purchase home spending less cash on the dollar. They should be able to enlighten you on the way it works.

Owner financing proves beneficial to the sellers because they are able to make money upfront without the need to become a landlord. Buyers also are able to obtain loans for houses with this type of financing. Since there are many non-licensed investors who do not complete the process properly, they may put buyers and sellers at high risk by trying to cut corners because they are not 100% sure of the legal processes. Owner financing is a legitimate way to see real estate when it is difficult to get convention financing.

What is Owner Financing? The buyer makes an offer through an agent or on their own when the owner advertises his house for sale. Instead of the buyer trying to get a bank loan, the seller carries back the amount agreed upon which includes a 10% down payment on the total amount. This balance is taken back by the seller as a note and mortgage. It could also be a real estate contract or a deed of trust depending on the documents that are customary for that state. A title company carries out the closing transaction and a real estate attorney drawn up the legal documents.

An agreement is made for the amount of interest that has to be paid by the buyer per month. He will expect the entire payment to be paid within a certain period. This is referred to as owner financing, private mortgage or seller carry-back. The seller has the same rights of foreclosure if the buyer is unable to make the payments. This type of transaction is popular in Texas when you are looking to buy beautiful Austin homes in Texas.

Saturday, June 16, 2012

The Benefits Of Acquiring An Investment In Turkey

Turkey is a good tourist destination because of its environment that not only supports touring activities but also investment ventures. An investment in turkey would do so well if because of the large populace of the country that makes it a great spot to develop business enterprises. The economy of the nation has grown and it is still growing giving hope to those who need to go into various businesses.

Any business quest will find favor in this vast country with a number of great qualities to support it from all sides. It is not a tourist nation for nothing but it is for the good climate and the charming coastline that surrounds it. Year in and year out this country is filled with tourists from around the world who come to enjoy its products and services.

Real estate is set to benefit more when this country finally joins the European Union as this will grow it economically hence boosting businesses. As you plan to invest in real estate; you should have this nation in mind because it is a good starting point. As the country develops, your business quests will also follow suit giving you more benefits every year.

A nation will grow when it has people working hard every day and only young people can do this fast and efficiently. This is the kind of populace that Turkey has that is set to grow it economically and if you want to grow as well; you need to invest in property that will engage this populace. Familiarize yourself with majority of the cities in the country that have openings for real estate investing.

People have migrated to these cities to look for jobs; if you have invested properly in your property in any of these cities, you can make good profits. The building standards of this country are investor friendly hence suitable for you if you are from any of the European countries. As you venture into this area, you will find it easy to make it a second home because the investment laws are favorable.

A great amount of confidence will be installed in you when you are comfortable where you are investing in. You will not only be free to make more developments but also be proud of what you have already. This is what the nation will make you feel once you have set foot in it with an aim of investing in property and succeed.

As a growing country, it is one that is filled with so many opportunities for you to take advantage of. Invest your money in well researched and certified investment dealings that will not only make you move to the highest levels but also create a stable ground for your business. There is always success waiting where hard work and determination are combined with knowledge and blended in with professionalism.

The entry of the nation into the European Union will not only open up more market for investors but also grow the current investments. Therefore if you have an investment in Turkey, you are very lucky because you are on the right route. The journey will be better as time moves on and the country joins the EU finally.

How to Get a 10K Loan with Bad Credit

000 Loan With Bad Credit- It Can Be Done!

During the financial crisis that the nation has been experiencing for several years now, more and more people have been finding themselves unable to pay their bills. Mortgage payments, car payments and, for business owners, payroll have all become increasingly harder to pay. As a result, many people have been turning to short-term loans, revolving lines of credit, and loan consolidation to assist them financially. For those with bad credit, however, securing a loan may seem impossible. Fortunately, though, even someone with bad credit can receive a ,000 loan by following a few easy rules and becoming familiar with all possible options in order to decide what the best move will be.

What to Do when Faced with the Need for a Large Loan

Nowadays, it comes to no surprise that many people, especially business owners, are in need of loans in large amounts of ,000 or even higher. Though this is understandable, if you are one of these many people, it's important for you to step back and carefully think about why exactly you need a loan in this amount and how you plan on paying it back. If you are spending significantly more per year than you are making, or if you are currently unemployed, it is probably a good idea to not borrow any more money to avoid sinking deeper into debt. Ideally, the only type of person who should be taking out a very large loan is someone in transition. If you were recently offered employment but will not begin your new job for a few months, a large loan may be necessary to keep up with your expenses until you start working. Otherwise, those considering taking out a loan of ,000 or more should probably focus on managing their debt rather than creating more.

With that in mind, even once you've decided that securing a large loan is in your best interest, it is highly recommended that you eliminate some of your more substantial expenses and payments. For instance, it may be smart to post your auto lease online so someone else can take it over. A lavish lifestyle and the accumulation of debt do not go hand-in-hand, so make sure to get rid of excess. Once you've settled on securing the loan and you feel confident that you'll be able to pay it back, the following are potential options open to you:

Signature Loans

Signature loans are exactly what they sound like: loans secured by a signature. Designed for those with excellent credit, securing a signature loan will typically require a steady job and relatively high credit score. Also, they tend to carry high interest rates of 11% or more. For those with bad credit, a signature loan is probably not your best bet.

Auto Loans

If you have a car that has been paid off, an auto loan may be your best option if you don't have exceptional credit. As long as your car currently books for over ,000, using your car as collateral for the ,000 loan is very possible.

Home Equity/Mortgage Loans

Thursday, June 14, 2012

Realtor Promotion Tactic Reveals How To Triple Your Closings Using Electricians

What do you think of when someone says "referral marketing letters", in terms of marketing ideas? Want to bet that you think I'm talking about getting letters of recommendation from your past clients?

That's not a shabby marketing tactic for Realtors either. Although, I'm referring to you getting a career-long flow of clients from other well-thought-of professionals in your neighbourhood. And the only thing you'll need to do is jot down a nice little letter, written by the greatest real estate agent (you!).

In a nutshell, referral marketing letters for Realtors can be summed up like this: get a list of other professionals in your "farm area" that will have the type of clients and prospects you're searching for. Then you have to to jot down a personalized letter about yourself and mail it, by regular mail, to your list of professionals.

Be sure you get unique and use an envelope that stands out from every other white, stock envelope in the mail. Be consistent about following up with each professional by telephone, regular mail or email at least 1 time each month.

You'd be surprised how lots of successful Realtors use this marketing plan for their entire careers, almost eliminating marketing expenses to produce clients.

First, let's create a list of professionals that in fact have the clients you possibly could work with...

- CPAs

- Loan Officers (probably goes without saying, true?)

- Financial Planners

- Attorneys

- Remodeling Companies

- Certified Appraisers

- Residential Electricians

- Plumbers

- Landscapers

- Residential Roofers

- Tree Cutting Professionals

- Handymen

- You catch the idea...

That list should get you off and running but there's many more you can add in the future.

So how can you get a comprehensive list of all the professionals you'll want to work with? No worries, it's straight forward. You have a couple of options, depending on how much money you have in your marketing budget.

Searching through the yellow pages, online, is a cheap option. I'm certain you already have a selected area you work in, as a Realtor, so it'll be best to adhere to that. With the yellow pages alternative, the downside is that it can be time consuming.

You have to go through each individual listed and find their name, phone number and mailing address. This alternative is totally free of charge but undoubtedly more time consuming than several Realtors might like.

The other option for you is to just purchase a list of these professionals that you desire to advertise to. In the indentical way you're probably on one or more Realtor or agent lists being sold out there, just about every profession has their own list for sale also.

This isn't some kind of "black market" or illegal list, don't worry. These kinds of compiled, professional lists are regularly for sale since professionals (like us real estate agents) voluntarily sign up for random subscriptions, associations, events, etc.

When it comes to purchasing this list of professionals, you have a cluster of list companies to choose from. Try to pick a list company that has all the professions you're searching for, rather than going to different list companies for each profession. Buying your list will cost you some marketing dollars but you'll salvage yourself a pant load of torment and working hours.

Whether you prefer to purchase your list or accumulate it yourself, as soon as you have it, you can start off crafting your referral letter for these professionals. Unfortunately, copywriting is a topic of its own and we simply can't get into it right now, or else you'll be studying a novel today. That's a matter all by itself.

What you need to grasp for right now is that this referral letter can not be the same kind of "sales" letter that you would send out, trying to get listing prospects.

You can replicate and re-use your letter for each professional however the referral letter itself needs to make each professional who gets it, to feel like they're the sole one in the world that you sent it to.

The trick is writing your letter as if you were speaking to each professional in-person. I'd suggest that you don't apply the boring, "professional" language style that you read in the letters you get from your bank. Draw their curiosity with your letter and talk to them as a genuine human being, not like a boring bank or credit card company.

This is off topic but this manner of "real person" marketing goes for all your marketing pieces: classified ads, emails, postcards, etc.

What the heart of this letter needs to tell them is that you wish to refer business back and forth, not just take and take and take from them. The big plan is for you to become these professionals "Realtor on-demand", so to speak, and get all their client referrals for the rest of your career. Emphasize how they'll gain without trying to "sell" them on it, you know?

If you know something personal about their company or the field they work in, drop it in the letter. If a professional has helped a client you know, feel free to write that in your letter as well. Unless you talk about their momma, for some reason, it's almost inconceivable for you to get too personal in your letter.

I'd strongly advise that you compose your referral letter yourself, rather than employ anyone else to do it. Although, if you're the kind who can't stand penning any kind of letter to anyone, you can just look for a solid independent writer who can write it for you.

Just type in "independent writers" on Google and you'll see many people to pick from. With a number of companies, they even let you to screen through their writers from across the world. The great thing is a number of of these companies allow you see reviews on each writer, how much they charge and even contact them with "consultation questions". On various sites, you can place an opening for the project you need written and have freelance writers apply to you. really slick.

Okay, you've got your marketing list of professionals and you've written your referral letter, now we need to send it out thru the normal mail, not e-mail. Just whatever you do, please do not send your letter in a simple white envelope like we see everyday of our lives... pretty please!

Look for a mailing box or another envelope that will stick out among all the mail these professionals will be sorting through. Your goal is to stick out similar to a sore thumb, in a good way, from all the mail your list will be getting. I would also hand-write the address and return address, as it'll come across more personalized to the recipient.

When you collect your mail, which pieces do you open right away and which ones do you toss without a 2nd look? The precedence goes to letters where the sender hand-wrote the address, everytime!

Next, you need to include a marketing piece, other than only your letter. A fun marketing piece to enclose might be a video you create with Animoto and copy onto a DVD (easier than it sounds).

A friend of mine used poker chips as his marketing gadget when he sent out a mailing for his life insurance business. His slogan on the poker chips was "Don't Gamble on Your Life".

Isn't that superb? That's the type of creative juice you want to have flowing if you desire to be the top dog Realtor or agent in your area.

By the way, and this is critical, you'll want to aim these professionals to both your website and your telephone number, inside your marketing letter. It's crucial to offer them the choice of how to contact you. You can never tell who hates talking on the phone and who hates looking at websites.

Your last step is unquestionably the most crucial of them all. The mother of all keys to marketing is "repetition". Statistics from the marketing industry show that a future customer needs to be exposed to your message at least 7 times, on average, before they are comfy enough to answer.

So it's obviously important to keep following-up with these professionals on your list. After your initial mailing, I'd tell you to follow up with them by telephone or another letter about 1 time a month. Emailing them would be an alternative also, if you have it.

As it is with dating, you want to be careful to not smother and irritate them or else you can bet on never receiving referrals from them, ever. It's a fine line but you need to tell them why you should be their "go-to" Realtor without coming across in a rude or annoying way.

One final tip, if you want to save yourself a pant load of time, pay your teenager to stuff these envelopes and mailers. I'd still tell you to pen your referral letter yourself but feel free to pay somebody else to address the envelopes and stick the letters inside.

It's inexpensive labor, just like US companies do when they employ overseas workers for their customer service call centers (did I just throw in a cheap shot?).

Seriously, this is just one of the better, long-term and short-term marketing tips for Realtors. In the long-run, you can see yourself with a constant flood of client referrals from these professionals, as long as you devote yourself to forming these relationships.

Focus on helping them as much as you want them to help you and the funds will flow in!

Tuesday, June 12, 2012

Positives and Negatives of Cosmetic Surgery

Cosmetic surgery is becoming increasingly popular these days among men and women. Some people decide to get surgical treatments to minimize or enhance certain parts of their bodies, whether it is their stomachs or noses. Plastic surgeons can alter almost any physical feature, whether it's a facial feature or the shape of your body. There is no doubt that cosmetic surgery has its positives, but it does not mean it comes without any negatives. Here are some of the positives and negatives of cosmetics surgery.

Improved Appearance

The most obvious benefit of plastic surgery is an improved appearance. Whether you decide to enlarge the size of your breasts or decrease the size of your nose, plastic surgery can certainly enhance your appearance. If you look better, you are likely to have more self-confidence. For example, if you get fat removed from your stomach with liposuction, you may feel more confident to wear more form-fitting clothes in public.

Improved Health

Cosmetic surgery can sometimes improve your health. Women with very large breasts can reduce their back pain dramatically by getting a breast reduction surgery. People who get nose jobs can reduce their sinus infections. Some insurance companies are even willing to cover the cost plastic surgery if it is for medical reasons.


Plastic surgery does not always produce the kind of results you want. For example, if you decide to enlarge your breasts too much, it can look very unnatural on your figure. That is why it is important to have realistic expectations before you go under the knife. Do not expect plastic surgery to make you look like a movie star or solve your dating issues. Talk to a plastic surgeon before your surgery, so you can get a more realistic idea of what the results will be like.


Whenever you go under the knife, you put yourself at risk of complications. The pain afterwards may be more than you expected or the recovery time can prevent you from doing your normal activities. More serious complications include infections, bloods cots and drop in blood pressure.


Plastic surgery is not cheap. Most plastic surgery procedures will cost you well over ,000. Most insurance companies will not cover the cost of plastic surgery, unless it is medical related.

It is also possible to lose money if the recovery time prevents you from going back to work right away. It is a good idea to save up as much money as you can for the plastic surgery you desire. The rest can be covered through a loan or credit card.

It is important to weigh both the positives and negatives of plastic surgery before you decide to go under the knife. Talk to several plastic surgeons beforehand, and pick one that you feel most comfortable with. Discuss all of your concerns with your plastic surgeon, and do not be hesitant to ask him any questions about the procedure. Plastic surgeons are there to assist you and want to make sure that you get the best results possible.

Saturday, June 9, 2012

What Factors Cause us to Overspend?

In spite of knowing the fact that debt has created havoc in our personal finances that led us to seek assistance from various debt relief agencies and debt settlement companies, we seldom part from our economic follies wherein over-spending plays a crucial role. There are several causes of overspending and if one is truly interested to control it they should not overlook the following reasons, as the overspending can be reduced only when the spender is aware of the urges and triggers behind it.
Since our childhood till we grow up into adults we tend to get affected by bad influences of other people whom we see spending uncontrollably. We thus take it for granted that spending so much is fine and fun both; especially if we were never talked to about budget and importance of being debt-free. In many cases, our extravagant environment also cast a wrong spell in our spending habits. Thus certain bad but tempting influences and surrounding prompt us to over-spend in a subtle act of imitation.
Our spending habit creates its foundation from the first time we get an allowance from our parents and are given responsibility of spending the same wisely. When we get a job and a credit card for the first time we may have no necessities to be responsible for yet and if we start overspending since that point of time, this may take a shape of a bad habit and would continue till a longer period. That is because over-spending ahs got nothing to do with need but urges and habits.
Peer pressure is another reason which drives us to overspend just to fit in our social friends' company and to keep us with the Joneses. These commercial factors of fitting in' and subtle material competition among our social counterparts provide us enough reason to over-spend out of a love for show offs' and display of material wealth and possessions. That way we think we gain other's admiration and social status symbol. We constantly compete and try to imitate our friends, relatives, neighbors and co-workers and ultimately take part in a kind or mad race of accomplishing and accumulating mindless materials by overspending.
Another popular and strong reason behind overspending is depression that further leads to boredom. People often unknowingly sets out to shop till they drop when they feel depressed; stressed and bored; and they take the option of shopping as the best at that. Without any second thought they visit a nearby mall, grocery store or super-market and purchases stuffs with an impulsive attitude and mostly without any necessity and end up overspending or using their credit cards for the same. Thus these emotional voids create urges to over-spend as possessing something new provides a temporary feel-good factor.
The solutions does not lies in avoiding and escaping all these reasons with tricks and tips, but in finding the root cause behind your habit of overspending and dealing with it positively by providing a better and least expensive substitute. Be it your bad habit, or bad influence, your friends or emotional tantrums; fill yourself with determination and discipline to fight all reasons of overspending.

Friday, June 8, 2012

4 Things To Consider Before Selling Your Home

When beginning the process of selling your home normal questions like how to get the best price for my property and whether or not to use a real estate agent immediately come to mind for most sellers. Whether you're a first time home seller or a seasoned home selling veteran the process of selling a home will inevitably be challenging and complex. The best plan for any home seller is to prepare a home selling strategy before putting a home on the market. In this article you will be a given a home sale strategy that will help get you moving in the right direction.

* Why Sell Your Home? - Before selling your home, it is essential to know and understand why you've decided to sell. Homeowners choose to sell their homes for many different reasons. Common reasons are because they've outgrown the home, they've changed jobs, or something as simple as they need a change of scenery. No matter what the reason may be, a home-seller should always be aware of what their motivation is to sell their home. Understanding the motives to sell will make difficult parts of the real estate transaction more tolerable.
* What's The Home's Value? The first thing every home seller wants to know is how much their home is worth. Knowing the value of your house is usually the most important factor in the decision of whether or not to sell a home. The two most reliable ways to determine a property's value are 1) opinions from real estate agents and 2) appraisals. A real estate agent can usually tell you what the home will sell for and the appraisal can give you an idea of how much the property will appraise for when the new buyers attempt to obtain a mortgage. Sellers are always shocked and upset when their house appraises below the asking price or agreed upon sale price because the end result is usually a price reduction by the seller. The best way to avoid future disappointment is researching value before listing.
* What To Do Before Listing? - To avoid issues with the sale of the home the best course of action is a pre-listing inspection. Home inspections will give the home seller an idea of which items or systems in the house need repairs and allow the opportunity to make the repairs before the home is listed for sale. Pre-listing inspections allow the seller to avoid difficult buyer inspection negotiations and will make the overall transaction smooth.
* Choose A Local Real Estate Agent To Represent You - When a home seller finally decides to sell their home the absolute best decision is to use a local real estate agent to list the property and assist with the subsequent negotiation and sale. Local real estate agents have an intimate knowledge of the local market and how to best market and advertise properties to the local community. Good real estate agents will show home owners comparable sales, pending sales, and active competition. Once an offer is received the real estate agent will evaluate and present the purchase offer, advise on how to negotiate, and oversee the transaction from contract to close. Find an agent you trust and let them do their job!

Thursday, June 7, 2012

Getting Chase Credit Cards Online: The Key Benefits To Applicants

No-one can deny the value that credit cards have. In fact, VISA and Mastercard are probably the best known brand names in the world. When looking for a new card, the best terms are usually available online, from trusted card issuers that formulate the most competitive interest rates and incentives, like Chase credit card online offers.

For millions of consumers, getting the best possible deals is essential and the Internet is where the best terms can be found. Whether buying, booking or donating, the vast majority of transactions are electronic. Of course, applying for better card deals is an important strategic financial move. The two central selling points are low interest rates and fast card approval.

This combination explains why Chase credit cards are amongst the most sought after cards online, but a variety of cardholder benefits are also available directly from the JP Morgan Chase bank too.

The Key Benefits

A credit card agreement is like any other financial agreement, with the small print and finer details the critical elements. Understandably, applicants need to know what these details actually mean and whether they force the card costs up or down. Getting a Chase credit card online, however, highlights the benefits that place them above the competition.

The programs and incentives offered are some of the most competitive available anywhere. Fast card approval is only one of the standard benefits, with a special points system for cardholders, for example, designed to drastically lower the overall cost of the card.

Users can also redeem these user points at a vast variety of places, from restaurants to theme parks, and can use the to avail of lower airfare and travel fares. So, the advantages offered by Chase credit cards affect life in practical ways.

Terms and Conditions To Look For

Of course, applicants must meet set criteria before they can avail of any financial package - and this stands true when applying for Chase credit cards online. Some of this criteria is rather straightforward, not differing much from those set for general bank loans.

For example, an applicant should have a good credit rating, and the actual credit limit on the card will be affected accordingly - poorer ratings mean lower card limits. Other criteria include proof of age (over 18), proof of US citizenship, and a proof of income. These few basic conditions are vital before even hoping for fast card approval, but there are more specific conditions that need to be considered too.

These additional issues relate to interest rates and the specific incentives that are on offer. For example, Chase credit cards are available at 0% APR as an introductory offer. This is usually offered for the first 6 months. Another common incentive is the removal of annual fees for at least the first year.

The Online Application Process

Getting a Chase credit card online comes down to meeting set criteria, but there are other factors involved. The fact is that applying online still requires details on credit scores. If the rating is too low, then the application is likely to be quickly rejected. To get fast card approval the rating needs to be pretty good, though perfect is never expected.

The whole online application process is simple however, with the necessary details entered into one or two simple screen pages, and then submitted by clicking on the relevant button on screen. And when the details provided are proven accurate, and approval is given, the Chase credit card should arrive within a few days.

Wednesday, June 6, 2012

Auto Loans Bad Credit: Poor Credit No More Poses Any Problem

A car nowadays is no more a luxury, but it is necessity. It is a dream of every common man to drive his own car. Sometimes that is not possible as you do not have the required funds with you in your bank account. The dealers and the other lenders in the market are offering loans to the people for buying a car. Sometimes it becomes tough for a person to apply for an auto loan as he might have a bad credit rating in the market. Most of the local lenders are not willing to work with the people whose credit rating is not satisfactory.

Auto Loans Bad Credit is now being offered to the people with a bad credit rating in UK. Now anybody can buy a car or a truck for his or her personal use or for commercial use even if they have a poor credit history. The dealers are collaborating with the lenders and allowing credit to the citizens of UK. The only difference with the auto loans bad credit is that the borrowers will have to pay a higher down payment and a high interest rate. Loans are provided for both new and used vehicles. Some of the lenders are allowing secured auto loans and the interest rates for these auto loans bad credits are low as the borrower is pledging the vehicle as the security for the funds advanced to him.

The financial condition of every individual is different than the others. Hence the loan plans are also designed according to the affordability of the borrower. There are professional loan experts who calculate your monthly income and expenditure and find out the net monthly disposable income for you. The lenders follow a transparent policy. No cost is hidden. They try to explain everything in their offer document. Your Annual Percentage Rate and the total cost of borrowings are explained to you at the very beginning stage of your application.

Removing Amazon Buyer Negative Feedback

If you are an Amazon.com Seller (FBA or Merchant) with negative feedback from an Amazon buyer, you have a couple choices:

1. Ask Amazon to remove the negative feedback. However, Amazon can remove the feedback IF and ONLY IF:

> The buyer includes 'profane or obscene' language in his/her comments and/or

> The buyer includes personal information of you or anyone else: an email address, a name, telephone #, etc., and/or

The ENTIRE buyers feedback is a product review.

For FBA (Fulfillment by Amazon) orders ONLY: The ENTIRE feedback is regarding fulfillment or customer service for an FBA Amazon order. Amazon states "Feedback reviewed and determined to be relating explicitly to fulfillment and customer service for an order fulfilled by Amazon will not be removed, but a line will appear through the rating and the statement, "This item was fulfilled by Amazon, and we take responsibility for this fulfillment experience" will be added." (For more on the eligibility of getting feedback removed from an FBA item, see Amazon.com's official FBA information pages.)

When you log in to your Amazon Seller account, contact Amazon Seller Support to request a feedback removal (remember to be VERY polite in your message to Amazon!).

OR, Instead of Contacting Amazon, you can:

2. Ask the Customer to remove the feedback. Here's how:

a.) Go to: Your Seller Account > Click on "View your Ratings and Feedback" > Click on 'View All Your Feedback'

b.) find the negative feedback, and then click on the 'Rater's' name associated with that feedback.

When you click on the Rater's name, an online form will appear.

c.) In the 'Select a Subject' dropdown, select "Feedback Request" and send the buyer a polite request to remove the feedback.

IMPORTANT: Amazon policy PROHIBITS you (the seller) from including in your message to the customer/buyer: any website link, any logo, any promotional message. Amazon can cancel your account if they catch you doing any of that! When you're sending the email to the customer this way, it goes through Amazon's email servers and system BEFORE it gets to the customer, so they have the right to intercept and read your email if they wish.)

Tuesday, June 5, 2012

Hard Inquiries To Credit History Are Not From A Cash Advance Lender

The effects of inquiries on credit scores are often confusing to consumers looking to build or rebuild their own credit. No credit check cash advance lenders pay no mind to credit scores while other types of lenders view the history. It ultimately affects the score in a negative manner. Overall understanding of the score and its effect on personal finances will only lend itself to continued improvements.

People are now getting the idea of how late payments and maxed out cards hurt their credit scores, but lack in the understanding of what inquiries represent. Inquiries are basically, people looking at your credit information. These people may represent current creditors or potential ones looking to examine your credit worthiness. Cash advance applications are not represented on the report since there is no credit check during the approval process. The credit bureaus keep record of money management skills on your credit report. This pertinent data reflects money management skills over the previous seven years. As old recorded information "falls off" the report, current reports are gathered. Credit worthiness analyzes this information; a critical decision factor for potential creditors and lenders. Current accounts make inquiries to ensure the accounts are updated.

If a person has been having trouble making payments, this information will be noted and negative effects will most often reflect the findings. Most consumers understand this aspect of credit scores quite well. What tends to continue to be confusing is the negative affect as a result of one of the inquiries. When a person monitors their own credit or a company looks in order to send a pre-qualification offer, there is no evidence trail to count against the report. Other inquiries are considered hard inquiries which leave a mark in two different ways. Their visit will be noted on the report from the particular credit bureau checked, but it will also take a point or two away from the total score.

*A creditor that checks Transunion will not see the inquiry from another creditor which used Experian.

*The inquiries stay for two years, but only the first year will negatively affect another creditor's outlook.

The inquiries project meaningful information for each viewer.

*A person looking into their own report will be able to see who has been viewing their history and when.

*It is an easy indication for others to see that a person has applied for new credit.

*for new credit.Many listed inquiries may be interpreted as someone desperate for money and will carry with it a negative flag for potential creditors.

*The more reports in a year, the less creditworthy the individual becomes. Many creditors will fear a larger risk of bankruptcy when six or more inquiries are made in less than a year.

*They are a great tool to track potential identity theft.

Since cash advances do no credit checks for approval, many consumers prefer this mode of lending when trying to protect not only their score but also their credit reputation. This short-term money option works well for those who have the income to support the quick payoff. Like any other default loan which is sold to collections, the mismanaged account will harm all three major credit bureau reports.

With no negative affect on the score, people should take advantage of the free reports from each of the major bureaus in order to view what others are seeing. Limit hard inquiries and manage current accounts to keep a positive stance on your credit history.

Monday, June 4, 2012

Fibonacci and Golden Ratio

The Fibonacci numbers Golden ratio can be used to describe the proportions of everything from nature to the smallest building blocks, such as atoms, to the most advanced patterns in the universe, such as unimaginably large celestial bodies. Nature relies on this innate proportion to maintain balance, but the financial markets also seem to conform to the Fibonacci Numbers "golden ratio." Here we take a look at some technical analysis tools that have been developed to take advantage of the Fibonacci Numbers Golden Ratio.

The Mathematics
Mathematicians, scientists, and naturalists have known the Fibonacci Numbers Golden ratio for years. It is derived from something known as the Fibonacci sequence, named after its Italian founder, Leonardo Fibonacci (whose birth is assumed to be around 1175 AD and death around 1250 AD). Each term in this sequence is simply the sum of the two preceding terms (1, 1, 2, 3, 5, 8, 13, etc.).

But this sequence is not all that important; rather, it is the quotient of the adjacent terms that possesses an amazing proportion, roughly 1.618, or its inverse 0.618. This proportion is known by many names: the golden ratio, the golden mean, PHI, and the divine proportion, among others. So, why is this number so important? Well, almost everything has dimensional properties that adhere to the ratio of 1.618, so it seems to have a fundamental function for the building blocks of nature.

Prove It
Take honeybees, for example. If you divide the female bees by the male bees in any given hive, you will get 1.618. Sunflowers, which have opposing spirals of seeds, have a 1.618 ratio between the diameters of each rotation. This same ratio can be seen in relationships between different components throughout nature.

Try measuring from your shoulder to your fingertips, and then divide this number by the length from your elbow to your fingertips. Or try measuring from your head to your feet, and divide that by the length from your belly button to your feet. The results the same, somewhere in the area of 1.618. The fibonacci numbers golden ratio is seemingly unavoidable.

So we then transalate this to finance and stocks. The markets have the very same mathematical base as these natural phenomena. Below we will examine some ways in which this ratio can be applied to finance, and we'll show you some charts to prove it.

The Fibonacci Numbers Golden Ratio Studies and Finance
When used in technical analysis, the fibonacci numbers golden ratio is typically translated into three percentages: 38.2%, 50%, and 61.8%. However, more multiples can be used when needed, such as 23.6%, 161.8%, 423%, and so on. There are four primary methods for applying the Fibonacci sequence to finance: retracements, arcs, fans, and time zones.

1. Fibonacci Retracements
Fibonacci retracements use horizontal lines to indicate areas of support or resistance. They are calculated by first locating the high and low of the chart. Then five lines are drawn: the first at 100% (the high on the chart), the second at 61.8%, the third at 50%, the fourth at 38.2%, and the last one at 0% (the low on the chart). After a significant price movement up or down, the new support and resistance levels are often at or near these lines.

2. Fibonacci Arcs
Finding the high and low of a chart is the first step to composing Fibonacci arcs. Then, with a compass-like movement, three curved lines are drawn at 38.2%, 50%, and 61.8%, from the desired point. These lines anticipate the support and resistance levels, and areas of ranging.

3. Fibonacci Fans
Fibonacci fans are composed of diagonal lines. After the high and low of the chart is located, an invisible vertical line is drawn though the rightmost point. This invisible line is then divided into 38.2%, 50%, and 61.8%, and lines are drawn from the leftmost point through each of these points. These lines indicate areas of support and resistance.

4. Fibonacci Time Zones
Unlike the other Fibonacci methods, time zones are a series of vertical lines. They are composed by dividing a chart into segments with vertical lines spaced apart in increments that conform to the Fibonacci sequence (1, 1, 2, 3, 5, 8, 13, etc.). These lines indicate areas in which major price movement can be expected.

Fibonacci Numbers Golden Ratio studies are not intended to provide the primary indications for timing the entry and exit of a stock; however, they are useful for estimating areas of support and resistance. Many people use combinations of Fibonacci Numbers Golden Ratio to obtain a more accurate forecast. For example, a trader may observe the intersecting points in a combination of the Fibonacci arcs and resistances. Many more use the Fibonacci studies in conjunction with other forms of technical analysis. For example, the Fibonacci studies are often used with Elliott Waves to predict the extent of the retracements after different waves. Hopefully you can find your own niche use for the Fibonacci Numbers Golden Ratio, and add it to your set of investment tools.

Sunday, June 3, 2012

Avail the Benefit of Payday Cash Loan

Cash loan provide immense financial benefits. Cash loan is necessary for every individual to fulfill the financial need. It is simply not possible to avail the benefit of a specific product or service without the help of cash loans.

It is the ultimate desire of every individual to gain the benefit of quick cash loans to satisfy our wants. Cash loan is necessary in case of emergencies and when one is in the need of cash on an urgent basis. Gaining access to cash advance facility enables one to satisfy day-to-day demands like car-repairing bills and hospital bills as well.

Important Considerations

One needs to bear in mind that the pay limit of cash advances is not high. The automatic question that creeps in the mind of every individual is how one can gain the benefit of fast cash loan. It is an encouraging aspect that one does not have to pay a high rate of interest. It is also necessary to pay the interest within a short span of time. Most of the dealers willing to provide cash advance facility do not make it mandatory to submit many documents to avail the benefit. There is least doubt about the fact that quick cash loan is indeed the real need of time. It is the earnest desire of every individual to gain the benefit of payday loans online within a very short time.

Legal Documentation

Legal documentation assumes paramount importance if one desires to opt for cash loan facility. Legal documentation assumes paramount importance as companies can verify whether a loan seeker is eligible for the proposed loan. Legal documentation serves as a real testimony to the fact that the borrower can repay the loan at the appropriate time. Documents that can act as legal credentials include address proof, types of paper and income proof. It is an encouraging aspect that unemployed youths can also avail the facility of cash advance loan. It needs to be clearly understood that cash loans do not strive to sell products and services. Cash loans also assist an individual to gain the benefit of the best deals to make a better decision while surfing.

3 Smart Ways To Use A Credit Card

Aren't you sick and tired of hearing how "bad" credit cards are and that we should all just cut them up and start living on cash again. Although this sounds nice in some ways, the reality is that we live in a consumer society and credit cards have become a major part of life. The problem is when people don't know how to use credit cards. Credit card debt is no joke and it can suck you in like quick sand. You can blame credit card companies all you want but in the end its your responsibility to be smart with your money and your cards.

Credit cards do have a positive role to play in personal finance. If you are smart with it, it can help you better manage and spend your money and it can give you the financial leverage when you need it most. Here are 3 smart uses for credit.

1. Emergencies

I do not recommend or encourage anyone to live on credit. its a recipe for disaster. Instead, the best way to use your credit cards is to use it as backup. We all have financial disasters that usually hit at the most inconvenient times. If you don't have life savings to fall back on then it can really hit you hard. Having a card as a backup can really be a lifesaver and at a fee of about a year, it's well worth the security that it provides in case you need it.

2. Controlling Your Spending

One of the reasons why so many people fall deeper and deeper into debt is because they get caught with their pants down - so to speak. They spend and spend and then fail to make the minimum payments. When interest starts kicking in, its usually already too late and you start sinking. The smart way to use your card however is to pay it off in full every month. Its a great way to control your spending and to now exactly how much you are spending on what. It works really well if you dedicate specific expenses to a specific card - like your groceries. However, the secret is to pay it off in full every month.

3. Large Purchases

One of the reasons why businesses like to use credit cards is because it allows you to conveniently make large purchases - even on the internet. We can all get cards with relatively high credit limits and if you have to make large purchases for say a building project or if you buy a lot of stuff online, then its ideal. Once again, the secret is to clear this debt each and every month. On large purchases, the interest can be just as large so make sure you wipe the slate clean every month.