The "short" in short sale simply means that the amount paid at the sale of a property on behalf of the borrower for an outstanding mortgage is less than the amount owed. But there is nothing "short" about the process. In fact it should be called "long sale" because real estate professionals who ... Views: 2079
Business as usual or the new ways of doing things
As an entrepreneur, you need to determine the number of employees required for your business and how much it will cost you to retain them on a full-time basis. If not done properly, you might experience some capital restraints ... Views: 2754
A Short Sale is a type of real estate transaction wherein a homeowner sells their property for less than what they owe the lender. For most lenders to consider a short sale, the homeowner must be experiencing a financial hardship and is unable to make their mortgage payments. Also, the mortgage ... Views: 1624
Non-Performing Notes, What are they?
Non-Performing notes (NPNs) are accounts of borrowers which have been classified as distressed assets by banks. A perfect example is an overdue mortgage loan that is not producing income because the borrower no longer makes monthly payments. As a result of ... Views: 2711
Most successful Real Estate Agents know that creating systems for every process in their businesses allows them to be more effective and efficient at delivering the necessary solutions that their clients desire. Systems once created free up time for you to concentrate on income producing tasks; ... Views: 1638
Hiring a Virtual Assistant (VA) can add value and save you time and money. There are a lot of them on the internet, but only a few can deliver effective and efficient results. Getting the right VA can be a challenge, so listed below are some of tips on how to search for a reliable VA to ... Views: 1279
Virtual Assistants (VAs) are Independent Contractors and do not go through the same employment procedures that a full-time employee would have to undergo; rather you just pay them for services rendered. Certain formalities are still necessary to engage a VA, such as; a contract has to be signed ... Views: 1177
Now that there is an economic crisis throughout the world and banks have tightened up on credit, it has become absolute necessary for Real Estate Professionals to reduce business expenses. It's now even more important to make use of the internet as a tool to market your real estate business and ... Views: 1266
Do you want to own your dream home? Of course, we all do. With the cost of living continually on the rise many individuals find themselves wondering if they will ever be free from the clutches of their landlord. Through a rent to own (also known as a lease with the option to buy) you can begin ... Views: 1733