Sunday, April 13, 2014

The nightmare: first buy or sell first?

How to solve the problem by removing the two homes at once? It is a mystery to sell your current home, because you have to move and buy again. Often ask the real estate agent's question: What should I buy first or sell first? Nobody wants to answer that question, because there is no correct answer. Or maybe there is, but nobody wants to hear it.

So eto.

It is better for the owner to sell the property before purchasing a new home and then went to rent a home when searching. He! There are - there are now.

Of course, this is just a point of view, so let's look at the pros and cons suggest.

With everything in life, you have to look at the worst situation before making a decision. You can not take the risk of losing your home because you can not stand the thought of not having her life interrupted by one or two months. If you think it's sometimes difficult to make payments on your home, how you'll make two payments on two houses per month?

If you are in a position where you know that you can pay to make two mortgage payments, you can ignore this advice. However, it may be difficult to remove the two loans at a time, even if you think you can afford, so get pre-approved for a loan before you act two. If you move, try to leave some tools to help look 'lived in'.

There is a sneaky way around it - that pretend to rent your home today. It shows that you have a (fake) a higher income than they actually have. Do not let them talk to unscrupulous agents in this situation. Besides the fact that it is a federal crime, you could still lose your house anyway.

In a situation like this where it is requested and approved a bridge loan, the original house (# 1) is still on the market, waiting for a buyer. When you move into a new house (# 2) and start paying two mortgages.

Suppose the market is slow and buyer for the house # 1? After three months you are still paying two mortgages and then dive market. You have to lower the price of home # 1 Well, Emergency Home # 2 was also reduced from the price you just paid for it, and for a high paying two mortgages.

Three months have passed and no sign of the consumer; Three months would be better or worse for you if you stay at home? Once you answer that question, you know the answer to suit your lifestyle.

It is not all bad; There are several advantages to sell first and buy later. Obviously, leaving the house at a certain date in accordance with the other, is an additional incentive for the buyer to choose your home.

If your house is sold and you decide to buy, you will be in a better position to offer a lower price if they are not involved in the chain. How about this: after staying at home, you really appreciate your new home?


Wednesday, April 2, 2014

Business plan Fundamentals-Part 1

Online or offline, if you want to start a business you need a business plan. Writing a business plan helps to make an equity investment, but also helps to set clear goals. The business plan is a living document, so you can first create a framework and develop it later as your business grows.

Executive Summary:

This is the most important part of your business plan. If you are looking for investors, be sure to write this section. The executive summary explains the company, products and services, and is it likely that you offer is unique. Notes: The executive summary creates the first impression for you and your business. It is a small model of a business plan, without preface, introduction.

Do not write an executive summary that is too long. Keep it to a maximum of 3 pages. Focus on the opportunities and benefits and uses facts to explain your business concept. Do not forget to include the details of the investment center: the amount of money you need, what you have to offer back to the investor.

This is what you need to show the executive summary: a clear concept and business plan for success, a team of some of the relevant market, which is a significant advantage, a summary of the financial projections are realistic and a great opportunity for investors.

Mission and Vision Statements:

It is part of your business plan to use both online and offline, so better be careful to write.

Mission and vision statement sets the tone for your business. With customers, potential business partners and investors learn from the statement what you mean for the company and what is to be achieved. Use strong words and meaningful.

Making a difference:

Vision defining your dreams, goals achieved to date: perfect. Do not pretend! If you do not believe, do not write!

The task of determining what you want to achieve: a challenge but achievable. Do not tell the truth and not just be something you are not!

Company Description:

It is part of your plan that outlines the information and concepts for your business. Explain who you are and whatever you are doing, where and when the company, which includes the story of the company, present situation and future goals generated. Use lines to the description of the company as well, in the category "About Us". Request your online and offline customers. They are not common and would like to know about your company.

Products and Services:

Now you have the opportunity to clearly describe your products and services while identifying their key features and benefits.

Explaining the product may be useful to include images that will help better understand the audience size, shape, color, etc. Be sure to include the specifics of the technology, patent protection and cost.

This service is not so easy to explain. Try to highlight the key benefits they provide and why your service is unique. The benefits are more important than features, so focus on them.

It is a common aspect of the company and included in the business plan will also help determine the type of public information will be included in your website. But it also must include a business plan some "internal" aspects: industry analysis, market analysis and target markets, marketing and sales, competitive analysis and more.

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