Almost every facet of modern life involves debt in some way. Whether you want to buy a house, a new car or your weekly groceries, it is always possible to pay with More »
Everyone has a dream home in their mind. If you are a first home buyer and planning to buy your dream home, there are many basic points you should consider. During your More »
Selling or buying commercial real estate is a very rigorous process. Despite how adept you may be in a certain area, you might miss something obvious or something you weren’t knowledgeable about. This article is full of commercial tips will shed some light on the subject.
Negotiate, whether you are the buyer or the seller. Ensure that your voice is heard, and that you are offering-or receiving-a price that is fair for both parties.
You should take digital photos of the condition. Ensure that the photos document any problems, including mold, damaged walls, or chipped fixtures.
If you are new to investing in real estate, spend some time surfing online resources that house information that seasoned investors use. It’s not possible to be too knowledgeable, so keep researching new investing strategies.
When choosing between two different types of commercial properties, it’s best to look at things on a bigger scale. Getting the financing you need is a difficult thing, regardless of the size of the property. In effect, this is similar to an economy of scale, or also like purchasing more of an item to save money.
When you’re trying to decide which broker you should work with, take their experience in commercial real estate into account. Don’t use a broker who doesn’t specialize in the type of real estate investment you’re interested in. Most brokers will require you to have an agreement to work exclusively with them.
Research local prices similar properties have sold for before setting a price for your commercial real estate. There are many things that can impact your value greatly.
If your property deal requires inspections (as it should), look at the inspector’s credentials. Pay particular attention to credentials when it comes to pest inspections, since it is not uncommon to encounter people working in pest removal without a license. A non-accredited inspector could be a source of problems.
Search for buildings that are simply designed and constructed if you’re planning on renting out commercial property. Tenants will be more likely to rent space in this type of building, as it looks taken care of. Because these properties are in great condition, the property owners and the occupants will have a simpler time with basic maintenance service.
If you are renting out your property, be sure that they are always occupied. If you have any empty property, then you are responsible for its upkeep and maintenance. If you have more than one property without someone in it, think about why that is, and fix any problems that might be occurring.
One of the biggest considerations in the process of attaining commercial property is to know the neighborhood of each and every prospective location. If you purchase it in a more affluent neighborhood chances are your business will be more successful, because the pockets of your potential clientele are a bit deeper. However, if your products or services correspond to a specific social category, make sure you find a property in an area that corresponds to your target audience.
If you think that you already know all there is in regards to commercial real estate, think twice. Always seek out new information, and use the tips provided here to help you gain a much stronger market position. Apply these ideas with wisdom, and you shall profit.
Looking after your money the mobile way
Managing your finances abroad used to be a tricky business. You needed to ensure you carried sufficient funds for everything you planned to do during your trip. Often once you were out of reach of your nearest bank branch you had no way of keeping track of your finances, ensuring bills were being paid, or getting more money should you need it.
The situation has now changed dramatically, and the last few years have seen an explosion in online and mobile banking across the world. As Alex Bray, Retail Channels Director at Misys, has said:
“With the introduction of online and mobile banking, managing your finances abroad is simple”
Customers can now maintain control of their money from anywhere in the world.
Some countries quickly embraced mobile apps and online banking, while others have been slower to adapt to the growth of mobile technology. In many ways it has been countries in Asia which have been at the forefront of mobile banking. A good example of this is e-bank Japan, a bank with more than three million customers, no physical branches, and less than 200 staff. Opening an account with e-bank Japan can be done entirely on your computer or mobile phone, and identity documents can be photographed using your camera phone and transmitted to the bank using your mobile. This reduces costs for the bank, and speeds up the application process for the customer.
Similar operations exist in India where many rural customers conduct all of their banking using mobile devices. The Indian bank is one example of a bank which offers a mobile app for fund transfers and account checking, as well as a full online service.
Perhaps the biggest market for mobile banking exists in China where a host of different banks now offer downloadable apps to allow customers to check their balance and transfer funds. You can choose from well known names such as ICBC, or UOB (China), China Merchants Bank, or even China Bank, all of whom have mobile apps available. In most cases you will need an account with the bank before you are able to use the app you downloaded.
Kenya leads the way
Surprisingly, for many people, the global leader in electronic money transfers and payments is Kenya. Kenya leads the way due to M-Pesa, their system of money transfer using mobile devices. Since launching in 2005 the M-Pesa app has changed money transfer in Kenya, and is now expanding throughout Africa, and even India. Electronic money transfer has proven to be particularly popular in Kenya due to the high number of workers who regularly send money home to their families. M-Pesa makes the transfer a quick and low cost option.
One sleeping giant in the world of mobile banking is Brazil. Brazil was one of the first countries to establish the principle of ‘branchless banking’ and can boast one of the largest agent networks in the world, but it has proved slower at adopting mobile banking. Brazil has very recently started to catch up with the trend with HSBC launching a Windows phone app early in 2014.
In many cases Western countries have proved slower to adapt to the changing world of banking – perhaps for cultural reasons or because of the extensive branch networks that exist in many countries. One western country where mobile banking has made a breakthrough is Canada where both RBC Canada and HSBC Canada offer mobile apps to their customers.
Of course, it is not just mobile banking that is growing. Banks are continually seeking new ways to stay in touch with their customers. One method that has proved to be especially effective has been interaction via social media.
According to Alex Bray, this is a case of:
“Be where your customers are – and help customers to interact with your services via social media.”
If customers now spend time online, rather than in their local bank branch then it makes sense for the banks to follow their customers and engage with them where they are.
Is the subject of real estate one that you think you know everything about? There are things that even experienced buyers do not know. The following article will give you the information you need when buying real estate.
Don’t come on too strong in purchase negotiations. Most people are too aggressive in aiming for the very best deal. This usually ends up backfiring on them. Be clear about what you want, but let your lawyer and real estate agent negotiate, since they have experience with those types of negotiations.
When you have kids, or are planning to start a family in the future, make sure you buy a home that can accommodate everyone. Think about safety too. A swimming pool or stairs present a major risk for small children. A house that was previously owned by a family with children might feature a lot of built-in safety devices.
When deciding to purchase a large and commercial piece of real estate, make sure you get a trustworthy partner. This can help you qualify for a better loan in order to purchase the property. A partner can provide help with credit and a down payment necessary to be qualified for a loan.
If a seller doesn’t accept your offer on the home, don’t be surprised if they still manage to make the home affordable for you. The seller might be willing to do some repairs or cover the closing costs, in order to make the sale possible.
Consider what the future may hold when you are in the market to buy a home. Although your family situation may be that you don’t have children when making the purchase, take the education options in the neighborhood into consideration. This way as your family grows, you will be confident there are good schools nearby.
When you are buying a new property, you need to have some liquid funds available for unexpected expenses. Buyers generally expect the closing costs will only consist of points paid to the bank, real estate taxes, and obviously the down payment. Most of the time, closing costs also include improvement bonds, school taxes and other considerations.
If you are looking at buying real estate as an investment opportunity, it is a good idea to look into properties that will require some work. You will benefit from the immediate return on the money you put in because the value of your property will go up. Sometimes your value will go up more than what you invested.
Before purchasing a home, you should check your listed sex offender registry and see if there are any registered sex offenders living in the neighborhood. Sex offender information is available to the public but it is not the responsibility of home sellers or realtors to provide that information to you. It is important that you take responsibility for your own research.
You are now a bit more informed about purchasing real estate and how it can benefit you. Passing helpful and useful information on to others in need is always a good practice; you never know when someone might return the favor and it could be in a moment of great need.
Personal finance is more than simply money. In reality, it requires a good dose of common sense. Managing your finances smartly is a learned behavior and too often people learn the hard way. The following information should be taken seriously and if you can do that, use it to better your own situation to live a stress-free financial life.
In these turbulent times, spreading any savings you have around multiple locations is sound strategy. Keep some money in a savings account, some in a checking account, some invested in stocks, some in high-interest accounts, and some in gold. Explore all your options to keep your hard-earned money safe.
Your home and your car will almost always be your biggest purchases. Your monthly payments on these items, including interest, usually makes up the biggest chunk of your budget. Pay them down quickly by sending in extra payments or you can use your tax refund money to make the balance go down.
Everytime you receive a check, always save some money. It’s too easy to spend now, and forget to save later. Taking that money out first saves you from the temptation of spending it on something less important.
A program you can enroll into if you’re traveling by air a lot is a frequent flier mile program. Credit card providers give out rewards for purchases that you make. Your frequent flier miles will constantly increase and are redeemable at thousands of hotels or airlines across the world.
You cannot fix your credit before you get out of debt. In order to pay off any debt that you have, you should try to save money in other areas of your life. Consider cooking your own food or limit hanging out on weekends. Packing your lunch and avoiding weekend outings can result in great savings, and anyone who really wants to improve their credit should be willing to do so.
When dealing with credit cards and your finances, the safest way to stay on track is to limit your use of them as much as possible. Don’t take using your credit card lightly. You will want to think carefully before you charge anything. Do the math and figure out exactly the length of time it will take you to pay it off. If you can’t pay it off at the end of the month and it isn’t a necessity, you shouldn’t make the charge.
Your can is among the most important purchases you’ll ever make. The best solution is to search around and look for the best deal on cars in your local area. Look online if you’re not happy with the prices you find in your general area.
It isn’t called personal finance for no reason. Each person’s finances are different. Only you can decide the best approach for improving your situation. After reading this article, hopefully you now know how to properly manage your finances and keep the information in mind when dealing with the bank. Remind yourself of this advice regularly, even if it means posting it somewhere you will see it daily. Using these tips will be a positive thing!
Beating the Increases — Broadband for Less
In recent days, several broadband providers have announced increases in their charges. Naturally, no-one wants to spend more than they need to on broadband costs, but most of us need a fast and reliable Internet connection simply to live our everyday lives. So how can you be sure you are getting the best deal, and how do you go about reducing your costs if you want to pay less?
Start by looking at the deal you have now, and check how much this is costing you. Don’t forget to include the cost of your phone line rental in this — it’s often included in your deal, but if not, you need to consider this cost as well. Think about what you use the Internet for. If you are a light user, perhaps surfing the net and sending emails, then you may not need a high monthly download limit. However, if you regularly watch HD movies or catch-up TV, enjoy online gaming, or have several users, then you will definitely need unlimited download. This is because the costs are high if you exceed your monthly limit, and your line speed could also be reduced. If you are a very high user, then fiber-optic broadband may be worth exploring, so check to see if it’s available in your area.
To see what deals are available, you can begin by using a broadband comparison site. You should note that advertised speeds don’t necessarily apply to all customers — in fact, only a minor percentage of customers need to achieve a very high speed for the provider to advertise it. You can do a broadband speed test online to check the speed of your connection. Enter your information and look at the results. This gives you a starting point. The next step is to contact your current provider to see if they can offer a better deal. You’ll be surprised at much you can cut your costs, simply by threatening — with real intent or otherwise — to switch to a different provider.
If you’re still not satisfied, go back to the broadband comparison site to see if there are any other decent deals. Check to see if there are any further discounts available. Sometimes you can get a reduction in price if you pay a year or more in advance for your service.
It never hurts to shop around, so have a good look at all the deals and offers before you make your decisions. Switching providers itself is usually quick and simple, so sign up and then look forward to enjoying reduced broadband costs.
It can be challenging to face the prospect of bankruptcy. The number of options available to those with financial problems can be small. Filing for bankruptcy doesn’t mean you are permanently barred for owning things that require large loans, such as an automobile or a house. Read these tips to find out more.
Don’t use a credit card to pay off your taxes before filing for bankruptcy. Most of the time, you won’t be able to discharge this debt, and you could make things worse with the IRS. Keep in mind that if the tax debt is eligible to be discharged, then the credit card debt is also dischargeable. Therefore, you have no reason for use of a credit card, if the amount is to be discharged in due process of the bankruptcy.
If you suspect that bankruptcy filing may be a reality, don’t try to discharge all your debt in advance by emptying your retirement or saving accounts. Unless there are no other options, your retirement funds should never be touched. You may need to use some of your savings; however, you should not use all of your savings. Remember that you must safeguard your future financial security.
Never shirk on the truth in your petition for bankruptcy. Remember that if you hide your valuable assets or income from your bankruptcy trustee, you may risk a number of penalties and complications. Among these is the possibility that you could be blocked from ever filing again.
Research what assets are exempt from seizure before you decide to declare bankruptcy. The Bankruptcy Code contains a list of various assets that are excluded from bankruptcy. It is vital that you know the things on this list prior to filing for bankruptcy, in order to determine which of your possessions will be taken away. You may find yourself unpleasantly surprised when the things you value the most are taken from you without warning. This is why it is very important the familiarize yourself with this list.
You must be absolutely honest when filing for personal bankruptcy. If you try to hide any of your information, it will eventually surface and cause you problems. Your bankruptcy lawyer has to know every detail of your finances, whether bad or good. Don’t withhold information, and create a smart way of coping with the reality of the situation.
Do not despair, as it’s not the end of the world. If you’ve had collateral, such as a car, electronics, or jewelry repossessed for non-payment, you might be able to recover the property when you file for bankruptcy. If the items were repossessed less than three months prior to your filing date, you may be able to recover them. Talk to a lawyer for help with the petition filing process.
Although you have already filed for personal bankruptcy, don’t make the mistake of thinking that you’re now marked for life. Through the saving of money and striving to reestablish your credit, creditors will take this to heart. Save as much as you can and you will see the difference when you walk in for a new loan for a car or a home.
Life insurance can be a complex decision, so you need to consider many factors in choosing the policy that is right for you. The below article is meant to help you make that important decision on your life insurance. Ensure that you carefully read all this knowledge.
Buy the correct amount of life insurance for you. If you purchase a policy that exceeds your needs, you will end up paying costly premiums without seeing any return. You will have peace of mind once you have make the right decisions concerning your life insurance needs.
Be certain to obtain sufficient coverage when buying life insurance. You need to consider your financial obligations such as mortgage, outstanding debts, schooling for your children, and other things that you would not want your family to do without in the event of your death.
You don’t need to buy any life insurance policy which only pays out a huge amount. This can empty your wallet while you are still alive. Instead, choose an amount that will cover your final expenses and provide a cushion for your family.
Fully disclose any job or hobby-related dangers to your health. Your premiums will be higher, but if you do not disclose such activities, you may become ineligible for insurance coverage if the insurer finds out elsewhere. It might be considered fraud if you withhold the information.
You should know that a good way to get less expensive life insurance is to improve your health. Generally, insurance companies will reward healthier people with a better deal since the odds are good that they will live to a ripe old age.
Don’t buy life insurance from someone who charges a large commission fee. Commissions are payments that go to your insurance agent and are included as part of the premium you pay. Seek out insurance providers who will be willing to sell to you directly; ask for policies that have “no load” features.
There are several options to consider when purchasing life insurance. You can purchase one through your employer or as an independent client. You might also get advice from a financial planner that charges you a fee or works on commission, or buy a policy straight from a life insurance agent.
Watch out for any signs of shadiness from the person you are working with. If someone advises you to ignore the rating agencies, you may want to steer clear of this person’s advice.
It often makes more financial sense for people to pay their insurance premiums yearly rather than monthly. You can pocket quite a savings if you can opt pay yearly.
Stay away from “guaranteed issue” policies unless they are your last resort. People that health issues may have to get a guaranteed issue policy, they may be more expensive. You can get this type of policy with no medical exam, but its premiums are much higher and the coverage you will get is fairly limited.
You should make better decisions after reading this article. Ultimately, your goal is to possess as much knowledge as possible in order to save the largest amount of money possible, and to receive the coverage that you feel most comfortable with.
Figure out a regular working routine. Many employers want to have a consistent worker. They will trust you more when they’re aware of what to expect. Show up and leave at the same time each day and take a predictable lunch period. If adjustment is necessary, let your boss know.
Resist the urge to stretch the truth when you are being interviewed. It’s possible that the employer will check everything that you say during the interview, and if he or she catches you in a lie, you won’t get the job. Even if he or she doesn’t, you’ll end up in trouble if you claim to have skills, knowledge or experience that you don’t have. Focus on giving them the strengths that you have instead of making things up just to impress them.
Getting an unpleasant query from your interviewer can seem discouraging. This won’t happen to you if you’re prepared for anything. Before going on an interview, make sure that you are prepared for any questions about gaps in work history or any disciplinary issues you may have had. Be honest, and take responsibility. Often, this is more beneficial than exaggerating or trying to lie your way out.
You must know what information is available about you online. Perform a search on your full name to see what you find about yourself. This is what prospective employers will see if they choose to search for your name, and you will be able to make any changes if necessary.
If you are going through an employment agency, be sure to research the company completely and check out their consistency when it comes to guarantees. Some employment agencies are set up to simply take your money. Ask around and see if there are others you know who have had experience with the agency. A good agency can be a great help and a smart thing to do.
Make sure your reference letters are at the ready. Having your letters ready and on hand can be quite helpful. This will facilitate smooth communication between them.
It is important to understand the ins and outs of the company you are interviewing for. Your position in the company may be small compared to the overall workforce around you. And knowing how everything works together will actually help you perform your role to its fullest. If you do not understand something, ask questions. Working together, you can all do your jobs to the best of your abilities.
Dress properly for the position you desire, not the one you already have. This should be followed if you do not have a job, or you just want a new one. You never know who you will meet today. Even when you are going to the store, you should appear groomed.
Being out of work during the times of an economic downturn can make finding a new job difficult. Not only is the competition fierce, but you’re being judged. Use the tips shown here to effectively find employment.
It can be very difficult to find a good job, especially in this troubled economy. You must remember many things if you want to compete well for the handful of jobs available. This is why it’s always best to use some solid tips and tricks to help you ace an interview.
Consider going back to school. Sometimes it is important to learn new skills in order to land a new job. The greater your knowledge, the more opportunities you will have. You can even study online at home.
It is important to be prepared with questions of your own for your interview. Often times they will ask if you want to know anything else, and the answer is always yes! Ask them what working at that company is like, what kind of work that it is and anything else that may be on your mind.
Don’t stop learning new skills ever. Technology changes quickly, and business practices in various industries are always evolving. In order to stay relevant, you have to keep up with these changes. If you need to, take a few classes or sign up for seminares. The more knowledge you have, the more marketable you’re going to be to employers.
You always want to look your best when attending a job interview. Be sure to choose appropriate attire and pay close attention to the details like your nails and hair. Potential employers will probably judge you on what they see, so be sure to leave them with a positive impression.
You should avoid being set on a single position. Though something appears likely, there is always a chance it will fall through. Continue to keep all your options open. When you put your application and resume in as many places as you can, you’ll increase your chances of getting a position at one of the the companies.
If you don’t have one, work on getting a professional email address. This is one of the first things that an employer is going to see, next to your name. Keep your address simple an use your last name. Don’t miss out on the job you want due to a silly email address you got years ago.
Check to make sure the references on your resume are current. It is not a great idea for an interviewer to call references and discover the numbers or addresses are wrong. Give them a call and refresh their memory, plus double check their contact information.
Take advantage of the savings provided by a company sponsored health plan. This will be taken out of your check before there are taxes taken out which makes it fairly cheap. If you are wed, then you should compare the plan with your husband’s or wife’s so that you get the best deal.
Understand that companies exist to make money. How can you word your resume or speak in an interview to tell them you’ll make them money? Companies desire more than honest, responsible people.
If you are struggling with money while doing your job searching, think about taking on a part time job outside your industry to make sure you can make ends meet. Tending bar or waiting tables might be an option for you to help you get by.
Nothing in life is more important than the security of your family. Comprehensive life insurance benefits ensures that your family is provided for in the wake of your passing. This article will offer you advice on finding the best life insurance to keep your family covered.
For example, if you engage in high-risk hobbies like skydiving or race car driving, don’t be surprised if you face a steep premium. Some professions, such as race car driving or being a helicopter pilot, will mean higher insurance premiums because of the risks involved in that line of work.
When choosing a policy for life insurance, keep in mind to determine the coverage for fixed and variable expenses. Be sure to plan for high bills such as taxes, medical bills, and funeral costs.
It is not necessary to buy into a life insurance policy that pays out a large amount. The huge premiums that go along with these policies will simply drain your funds while you are living. You want to purchase a policy that not only secures your loved ones for years to come if anything were to happen, but that is also a reasonable price as well.
Get your life insurance policy through a financial adviser rather than a broker. Most insurance brokers are motivated by the commission that they earn by selling policies. Financial advisers, however, are simply given a flat fee. Due to this, financial advisers have much less incentive to engage in pressure selling tactics, and they are more inclined to be straightforward with you.
Be sure to disclose any hobby or job that may be considered high risk. While this will mean a higher insurance premium, it will also ensure that any claims resulting from such risks are not deemed ineligible. In addition, failure to disclose risks can be considered fraudulent activity. You may have to pay large penalties or fines and in some cases, may even face jail time.
Once you have chosen a life insurance policy, be sure that anyone who is affected by it is aware of it. You need to furnish your beneficiary with the appropriate numbers, insured amount, and documentation.
Working to become more fit and healthy will help you pay less for life insurance. Very often, healthier people are offered better deals by insurers because their life expectancy is higher.
Get savings by purchasing a bigger policy. Though it may seem strange, many agencies will offer large discounts to people who buy greater coverage. This not only saves money, but is also a god way to ensure your family is sufficiently covered.
Do not buy a policy without doing some research first. You should ensure it fits your needs and budget. Doing so also means you need to read and fully understand the policy’s contract.
As has previously been discussed, if you want your family to be cared for if anything ever happens to you, then you should strongly consider life insurance. If you apply the tips you’ve read in this article, you can relax, knowing that no matter what happens, your family will be okay.