Many money scams are born from misplaced trust and greed — and it’s important you take the necessary precautions to safeguard your investment funds. Here are common examples of investment scams to watch out for. Kirk Chisholm, wealth manager at Innovative Advisory Group, said, “Many times fraudsters will relocate from time to time when they have outstayed their …
Before the financial crisis, many mortgage contracts contained a provision stating that borrowers who paid off their loan early had to pay a penalty. Penalties were usually expressed as a percent of the outstanding balance at time of prepayment or a specified number of months of interest. In most cases, the penalties declined with the …
Why Prepayment Penalties Can Be Good For Home Buyers Read More »
In a precedent-setting case, the California Supreme Court will decide the degree of a real estate agent’s fiduciary duty to a client and the ethics of “dual agency” (an agent acting on behalf of both seller and buyer). Aman is weeping in a Malibu condo on the inland side of Pacific Coast Highway. “When my …
Negotiation is a major characteristic of being a successful investor. You use these negotiation skills on a daily basis more than you may realize. Not only is this helpful in finding deals but many other aspects of your business as well. You negotiate in almost everything you do and everything you purchase. Successful negotiation can …
www.proffer.com is a website where you can make non-binding offers on millions of properties anywhere in the U.S. both on and off the market. You submit ‘non-binding pre-offers’ (proffers) on any address in the USA with just a click. Type in what you think it’s worth and what you are willing to pay and click. Then …
A Self-Directed IRA (SDIRA) allows alternative investments — such as notes and real estate — using your retirement savings. Here are some of the reasons why a SDIRA might be right for you — or not: https://www.washingtonpost.com/news/where-we-live/wp/2016/02/29/even-with-risks-more-investors-are-giving-self-directed-iras-a-closer-look/ Want to know more? See http://store.papersourceonline.com/tax-free-note-real-estate-investing/ and http://store.papersourceonline.com/your-ira-can-buy-notes-more/
This is the third article I’ve read in as many weeks about the abuses of contracts for deed (a.k.a. land contracts, agreements for deed). When the media focuses on a subject like this, calls for harsh regulations are not far behind. I predict that the CFPB, if not Congress, will soon come down hard on …
The UK banking giant Natwest has become the first British bank to warn business customers it may charge them negative interest rates on money held in current accounts. Following the lead of banks in Denmark, Sweden, Switzerland and Japan, the bank has signalled its intention to force account holders to pay to hold their money. READ MORE: http://www.telegraph.co.uk/news/2016/07/25/savers-fear-negative-interest-rates-as-natwest-warns-businesses/ “‘Negative …
“Negative” Interest Rates — UK Today, US Tomorrow? Read More »
Home owners in western states may have more equity than they may realize. A new report shows that homes in the region’s metro areas are appraising higher than owners’ estimates. READ MORE: http://realtormag.realtor.org/daily-news/2016/06/15/western-home-values-higher-owners-realize
You need to be aware of the protections that federal law provides to renters during foreclosure. Even with inventories down, there are plenty of foreclosed properties awaiting sale. While the problems associated with property vacancies and blight have gotten much attention during the housing crisis and recovery, about 20 percent of foreclosed properties are occupied …
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