Eloise Figueroa Real estate Broker: Eloise figueroa How to estimate the value of your ...: Property Surveyor : who to assess his property ? To estimate the value of his property is a crucial step for a successful sale. Have an excellent appraiser pull as many comps on other properties sold, and go through all the same features that your property has.
Eloise Figueroa.
Finance Newsletter
ReplyDeleteFinance Newsletter is the largest online newsletter dedicated to finance professionals. Careers news, in depth interviews as well as a digest of the weeks articles from across the financial media
The Star Wars credit card offers a meet-and-greet with Darth Vader as one of its perks.By Matt Schulz
ReplyDeleteAs fans all over the world eagerly await the December release of "Star Wars: The Force Awakens," we are continuously reminded that the global Star Wars phenomenon isn't just about movies.
Sure, it all starts with the movies, which have earned billions of dollars at the box office. However, it extends far beyond the movie theater. There are novels, comic books, video games, lunchboxes, clothing of all shapes and sizes, breakfast cereals, action figures, bobbleheads and even a Darth Vader refrigerator -- all of which you can buy with a Star Wars Visa credit card. But is this card something that Star Wars fans should add to their collection or something they should avoid like a confrontation with Darth Vader? Let's break it down ...
The card is part of Chase's Disney Visa card program and is available in three different Star Wars-themed designs: one featuring Darth Vader, another with Yoda and another with R2-D2 and C-3PO. It also comes with rewards aimed toward fans of the films, including:•10 percent off purchases $50 or more when you use the card at the Disney Store or DisneyStore.com. (Reminder: In 2012, Disney bought Lucasfilm, the company that created the Star Wars franchise under founder George Lucas.)
•10 percent off select Star Wars merchandise purchases $50 or more at select locations at Walt Disney World in Florida and Disneyland in California.
•An "Imperial Meet 'N' Greet" at Disneyland or Disney World with Darth Vader himself. (Just make sure you don't make him mad while you're there.)
Even a decade ago, it was not much difficult to obtain a mortgage as it is now. Home prices were high and lenders had abundant cash at their disposal, making mortgage loans easily obtainable. Even stated income loans and no-doc mortgages were available. The housing market crash of 2007-08 has however reversed the situation and brought about some belt-tightening measures in the market. Currently, the stated income loans or no-doc mortgages have disappeared from the market and the criteria to obtain a mortgage loan have become more stringent. These market realities have forced the home buyers and sellers to become more creative. One of the creative strategies adopted by them is the owner financing.
ReplyDeleteWhat is meant by owner financing?
What are the different types of owner financing?
What are the different benefits of owner financing?
What is meant by owner financing?
Owner financing takes place when a property buyer finances the purchase directly through the person or entity selling it. This takes place when a potential buyer can't obtain the necessary funds through the third-party lenders. Owner financing may also take place in case the home buyer is unwilling to pay the prevailing market rate of interest. Again, in case the seller finds difficulty in selling the house, then the seller also may be interested to opt for owner financing.
In owner financing, usually the purchase price of the house is partially financed by the home seller and the rest of the amount is financed by taking out a smaller loan. Owner financing is also called as 'seller financing' or 'creative financing'.
Owner financing is common in a buyer's market – a market which has more sellers than buyers. To safeguard his/her interest, the home seller may ask for a high down payment of 20% or more. Here however the deed of the property is not transferred to the buyer unless all the payments are made in full. Since no institutional lenders are involved here, the terms and conditions of the mortgage are negotiable. In fact, terms and conditions are set up in such a way so as to provide benefits to both the buyer and the seller.Owner financing: A win-win deal for both buyer and seller. BY MORTGAGE FIT.
Even a decade ago, it was not much difficult to obtain a mortgage as it is now. Home prices were high and lenders had abundant cash at their disposal, making mortgage loans easily obtainable. Even stated income loans and no-doc mortgages were available. The housing market crash of 2007-08 has however reversed the situation and brought about some belt-tightening measures in the market. Currently, the stated income loans or no-doc mortgages have disappeared from the market and the criteria to obtain a mortgage loan have become more stringent. These market realities have forced the home buyers and sellers to become more creative. One of the creative strategies adopted by them is the owner financing.
ReplyDeleteWhat is meant by owner financing?
What are the different types of owner financing?
What are the different benefits of owner financing?
What is meant by owner financing?
Owner financing takes place when a property buyer finances the purchase directly through the person or entity selling it. This takes place when a potential buyer can't obtain the necessary funds through the third-party lenders. Owner financing may also take place in case the home buyer is unwilling to pay the prevailing market rate of interest. Again, in case the seller finds difficulty in selling the house, then the seller also may be interested to opt for owner financing.
In owner financing, usually the purchase price of the house is partially financed by the home seller and the rest of the amount is financed by taking out a smaller loan. Owner financing is also called as 'seller financing' or 'creative financing'.
Owner financing is common in a buyer's market – a market which has more sellers than buyers. To safeguard his/her interest, the home seller may ask for a high down payment of 20% or more. Here however the deed of the property is not transferred to the buyer unless all the payments are made in full. Since no institutional lenders are involved here, the terms and conditions of the mortgage are negotiable. In fact, terms and conditions are set up in such a way so as to provide benefits to both the buyer and the seller.Owner financing: A win-win deal for both buyer and seller. BY MORTGAGE FIT.
Owner financing, occurs when the seller of a home finances all or a portion the sale of his or her own property. This is often referred to in real estate ads as "Owner Will Carry" or similar wording, meaning that the owner of the property will, in effect, act as a bank and loan the purchaser all or part of the money needed to purchase the owner's property.
ReplyDeleteThere can be several advantages to the seller for carrying a note, as it is also known. There can be tax advantages in spreading out the time over which an owner receives the money from the sale of a property. Also, many owners simply like the idea that they can receive a monthly income from a property even after they have sold it - and no longer have to worry about repairing leaky roofs or replacing dead water heaters.
There is a nice monetary inducement to the owner to carry paper as well - the owner can charge the buyer interest on the money that the owner is lending to the buyer. In this way not only does the owner collect a monthly mortgage payment on the property he or she has sold, but the owner collects interest as well, in effect increasing the owner's overall sales price of the property.
In order to protect themselves, some homeowners require that the buyer make their monthly payments into an escrow account held by a bank or other lending institution, and they require the borrower to place a Quit Claim Deed into the escrow account with instructions that if a payment is late by a certain number of days then the escrow officer will automatically file the Quit Claim Deed, restoring the house to the former owner instantly.
Article Source: http://EzineArticles.com/686452
ReplyDeleteReal Estate Agent Doug Hopkins | Arizona, California
480-788-3604 | Phoenix
520-333-0034 | Tucson
949-484-5048
ReplyDeleteNextAdvisor Blog
Blue Cash Preferred from American Express – the Right Cash Back Card for You?
by Tasha Lockyer February 18, 2015
Updated: October 16, 2015
There are a lot of great options for cash back credit cards right now, offering very compelling cash back rates and lucrative intro bonuses. But the one card that comes out on top in our analysis of the average person’s spending pattern is the Blue Cash Preferred Card from American Express (a NextAdvisor advertiser). Its 6% cash back rate on groceries is the highest we’ve found from any card in any category and its 3% back on gas and department stores is the highest year-round rate in those categories. To top it off, its $150 intro bonus is the highest of any cash back card we’ve reviewed. We decided to dive deeper into its potential earnings, benefits and detriments to see if it is a smart choice for you. In short, if you have excellent credit and fairly typical spending patterns, it’s probably your best choice. In fact, it’s so great that I have one and use it frequently, enjoying generous cash back rewards. You can learn more about Blue Cash Preferred in our detailed analysis below.
The Highlights
If you enjoy earning phenomenal cash back rewards, you’ll love this card. The Blue Cash Preferred Card from American Express combines terrific cash back with a 0% intro APR and great American Express benefits. It starts off with a $150 bonus after you spend $1,000 in the first 3 months. If you use your card like a typical consumer, it should be pretty easy to meet these requirements. You can even pay for your mortgage and your utilities with the card (if these entities accept credit cards – most do) to help accrue the initial $1,000 and earn you additional cash back over time.
There is a lot of tension on Wall Street. The stock market has stalled near record highs. And the Federal Reserve is about to boost interest rates for the first time in nearly a decade. What better time to hear what some of Wall Street's top strategists and money managers expect for 2016?
ReplyDeleteThis is the second of five interviews in a week-long rollout of the USA TODAY 20th Investment Roundtable. USATODAY.com will publish a daily installment on next year's investment outlook from top Wall Street pros leading up to the full Roundtable with all of the market pros' advice and stock picks in our print edition. Coming Tuesday: 2016 global market outlook. Follow the conversation on Twitter at #Markets16.
Disruptive. Internet and cloud intensive. Innovative. Pervasive. Transformative.
Those key traits of technology stocks sets the tech sector up for an upside surprise and “fairly strong performance” in 2016, another year in which companies that can grow earnings, sales and market share at a brisk clip will be rewarded by Wall Street in what's expected to be another year of below-trend growth for the U.S. economy.
That’s the upbeat tech-stock outlook for the coming year dished out by Josh Spencer, manager of the T. Rowe Price Global Technology Fund – one of five top Wall Street pros that shared their 2016 market outlook at USA TODAY’s 20th Investment Roundtable, held Friday, Dec. 4 in New York.
USA-TODAY
California Mortgage Rates Averages
ReplyDeleteProduct
Rate
Change
Last week
30 year fixed 3.92% 0.06 3.86%
15 year fixed 3.04% 0.03 3.01%
5/1 ARM 3.51% 0.13 3.38%
30 yr fixed mtg refi 3.93% 0.07 3.86%
15 yr fixed mtg refi 3.05% 0.05 3.00%
Read more: http://www.bankrate.com/california/mortgage-rates.aspx#ixzz3u1hnNPa1
Follow us: @Bankrate on Twitter | Bankrate on Facebook
California Mortgage Rates Averages
ReplyDeleteProduct
Rate
Change
Last week
30 year fixed 3.92% 0.06 3.86%
15 year fixed 3.04% 0.03 3.01%
5/1 ARM 3.51% 0.13 3.38%
30 yr fixed mtg refi 3.93% 0.07 3.86%
15 yr fixed mtg refi 3.05% 0.05 3.00%
Read more: http://www.bankrate.com/california/mortgage-rates.aspx#ixzz3u1hnNPa1
Follow us: @Bankrate on Twitter | Bankrate on Facebook