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Month: October 2017

Investing in Property in Today's Market

Of the five different areas of investing your money, after cash comes property. Many people believe that the property they live in is their largest and most important investment. Whilst this may be true, and is true if you have no mortgage, it is not really your property as long as you have borrowed money to buy it. In many respects it is the lender's investment because his asset will grow in value. He gets your money and invests it as well. You may well argue with some justification that the house is your asset, and when you sell it for a better price than you paid for it, that your asset will have appreciated. In fact many others will argue that your home is a liability! Property as an investment really means looking outside and away from your own property. Bricks and mortar are as good an investment as any, and indeed better than most. Do not be put off by a short term loss in property values. Anywhere that land is scarce as in the UK will mean a long term gain in value. There are a number of ways to invest in property. The first and most obvious is to buy, and then let. In other words you own the property and the tenant who lets you you pays your mortgage. Do not necessarily feel you...

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Debt Reduction – Consolidation Loans

You can be faced with many problems in life, but one of the worst is when you realize that you can not afford to pay for the loans and credit cards you may have had for several years. One way out of this financial difficulty problem could be to take out a further loan to pay off your outstanding debt. However, often people find it's not enough to take out only one loan, but take out loans to cover the mortgage, the car, medical bills and so on. Having several debts can be really difficult, and you will find yourself feeling stressed trying to handle them all. One solution may be to take out a consolidation loan. Consolidation loans work by combining all your existing debts into one, single debt, which may be easier for you to handle than the several existing debts. Home owners may find it easier to obtain a consolidation loan as the loan will will be secured on the property. However, it is possible to obtain an unsecured loan, but you may find that you'll have to pay a higher interest rate. There are many banks and lenders which have a great deal of lending debt consolidation loans to borrowers who want to take out this type of loan. As you will only be making one payment each month may give you the chance to...

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Bridge Loans for Urgent Financial Needs: How Does a Bridge Loan Work?

In answering the questions, "how does a bridge loan work," we will set forth our definition of a real estate bridge loan and propose a series of hypothetical situations where a real estate bridge loan is useful. A real estate bridge loan is a short-term loan that is used for meeting urgent financial needs. The term of such a loan is up to one year and just like a long-term loan it is backed by real property (the collateral). A real estate bridge loan is obtained as a temporary measure until either permanent financing is secured or the collateral is sold. A real estate bridge loan at a higher interest rate is also known as a hard money loan. You would seek a real estate bridge loan in one of the following scenarios: 1. You are in contract to buy a property and are pressured to close soon. You are still waiting to sell a property you own – the sale's proceeds of which you rented to use for the purchase. You do not want to go through the hassle of permanent financing on the property you own just for a few months; a permanent loan takes a while to close and it is likely to include a hefty prepayment penalty. A real estate bridge loan allows you to purchase the property you want while giving you the time...

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Pros and Cons of Offshore Software Development

Offshore software development is something that more and more software development companies are looking into. Like anything in business, there are benefits as well as drawbacks to offshore software development. Each company has to determine for themselves whether the benefits outweigh the drawbacks. Many companies decide to give their Arizona software development a boost by doing some of their business offshore. If you are in business you have no doubt heard of offshore companies as well as offshore bank accounts and all of the perks that come along with them. If you need to outsource some of your Arizona software design work you may want to send it offshore. Not only can you often get the work done in a hurry you can also get it done for savings. If your company has taken off and you would like to protect your assets, why not consider going offshore with offshore asset protection? You can create a Phoenix software design company offshore. The way that you can do this is the same way that you would do it onshore. The first thing you need to do is set the corporation up with all of the necessary paperwork, which an offshore management service can help you do. Next, you need to be a person or even hire a person that will be good at designing the interface of your program. In...

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How to Prepare For Higher Interest Rates

It might be time to prepare for higher interest rates. There are some basic things you can do to protect yourself and your family's finances during period rising interest rates. It is incredibly difficult to predict where interest rates might go. However, when rates are at historical lows (at or near zero percent) there is only one direction possible and that is up. Interest rates have been at historical lows for a length of period of time. There is no reason to think that rates will make a drastic move upwards but it is certain that they will move upward at some point. Most experts predict rates will start to climb in North American in the later portions of 2010. The exact point at which rates will rise and the magnitude of each increase is much more difficult to predict. However, one thing remains certain the next move made by the central banks will be to push rates upwards. Interest rates are affected by the interplay of monetary policy, inflation and supply and demand. Monetary policy is the Governments way of managing the economy. Inflation is the increase in cost of good over time and supply and demand is the interplay between the quantities of item X vs. the demand for item X. There are a number of ways to prepare for a higher interest rate scenario. I will...

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