If you plan on purchasing a new home with a mortgage or refinancing your current loan (or even getting a reverse mortgage),you will most likely need to order an appraisal. It might also be required for a home equity loan. Typically, a bank ormortgage brokerwill handle this for you, but...
If your credit isn’t where it needs to be to get approved for a balance transfer card, consider applying for a personal loan. You won’t get any 0% APR offers, and the interest rate can be higher than that of a HELOC. But this alternative’s unsecured nature means you’re not risk...
Allowing myself to get talked into a variable annuity when I was a chief resident. Bought it at roughly market peak; it sank with the market in 2001-2002. Paid lots of charges and surrender charges when I got rid of it three years later to buy my first house, and due to the natur...
Get pre-approved, you’ll be glad you did. Here’s an example budget of what one homeowner’s costs might look like on a $300K house: The budget above is strictly for example’s sake. The target amounts should be used for education and reference only, and your house budget may look...
In the past I would often get asked if it was possible to live in Bangkok on a 30,000 baht salary? However, that was in the past. Thankfully nowadays the average Bangkok salary is showing signs of creeping up further towards the 40,000 baht mark (and about time as well!) ...
However, a 40% coverage rate on those who previously did not have health care insurance is an unacceptable result. In school, if we receive less than a 60% on an exam we fail. So why are we allowing the government to pass when they've only been able to get a 40% passing rate five...
Reply to Financial Samurai Debt does NOT just creep up on you. We aquire debt through our own foolishness. The only debt that I’ve ever had was a mortgage for a modest house. I’ve paid cash for everything else and if I can’t save the money, then I don’t buy it. Period. ...
They aren’t for everyone, but a blanket mortgage does prove to be a valuable resource for many growing real estate investors. I invite you to reach out. If you’re an investor, or you work with real estate investors, feel free to reach out to me directly to get your questions answered...
5) Determine That Your First Home Is Going To Be Only A Stepping Stone Nobody starts at the top. Getpre-approvedfor a mortgage loan before you start looking at any properties. Don’t surrender because you can’t afford your dream home.Consider what youcanafford todayand evaluate if it is...
Plan Compensation for Onboarding and Training Know what to Include in a Sales Incentive Plan Create a Contract and Get Mutual Commitment [TEMPLATE PROVIDED] Step 1: Understand the Basic Requirements of Good Sales Compensation Plans A good sales compensation plan is a win-win-win: It’s easy to...