Q&A: I am drafting a FINANCIAL REPORT, one that I am giving to a private lender, what details should I include?

September 1st, 2010 by Bank Loan | 3 Comments | Filed in News
Private financial
by Renegade98

Question by ? Vaginal Discount ?: I am drafting a FINANCIAL REPORT, one that I am giving to a private lender, what details should I include?
Any advice is helpful. I am borrowing on a piece of property that I own. I am having a 2nd Trust Deed put onto 40 acres that I own from the same person who gave me the first. It is a small private loan, and before escrow he wants me to provide to him a financial statement. Im 24 so you can see im kind of new to the game…….Ive been involved in R.E. for about 2 years now, and even through all these hard times everyone is going through I am still doing pretty well for the business that I am in. Any help would do.

I will google it for a little bit…but I am just assuming listings of all the properties that I own…

Also as far as my earnings, I am self employed, so do I need to list how I made my money as far as investments??? I will add in what I get each month for my rentals……. and……..yea..any help would do, I need to have this by the close of the day :P

Thanks you guys
also: when I include the property site addresses that I own, I am going to include how much is owed and its worth. On properties that are paid off, is there a WORD i should type in, instead of $ 0.00??? maybe besides reconveyed? Thanks
no they just want me to do it. its more of a personal level we are on so trust has already been established..

Best answer:

Answer by LEONARD W
Anything but the truth.

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How do Mortgage loan officers make their money?

September 1st, 2010 by Bank Loan | 5 Comments | Filed in Loans

Question by Bri up: How do Mortgage loan officers make their money?
I’m getting a mortgage loan through a mortgage company but the guy that is giving me the loan seems a little bit to excited. How much money is he making off of the loan of 170,000 and what should I look out for?

Best answer:

Answer by healthspot_2000
We are on commission only. He is making 1% on the front which is the origination which equals 1700, if he is not making any money in the rate (on the back) more than likely he will make more money on the front (in the origination fee)

Know better? Leave your own answer in the comments!

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Forex Training Reviews – Forex Training Course For Currency Trading

August 31st, 2010 by Bank Loan | No Comments | Filed in Forex
Forex
by chrome76

Forex Training Reviews – Forex Training Course For Currency Trading

Forex Training Reviews

The Foreign Exchange, more commonly known as Forex, has become the largest industry in the online world. It allows brokers and trader to preform exchanges with several international currencies all over the globe. The exchange is open 24 hours a day, 5 days a week. Because of this, the possibilities have become endless. There is a new feature which has been added recently which involves making money from the forex market automatically with forex software.

Society in general is constantly looking for the better side of life. Forex has made sure to appeal to this type of person. Because of the appeal, forex has grown incredibly over the years. However, before one dives into the forex world, it is important to learn as much as possible. There are many things to learn about this place, but with a small amount of knowledge, you can begin reaping success.

There are notable differences that occur forex and exchanges resembling the New York Stock Exchange. For instance, forex is an Over the Counter market. This simply means it is not a centralize network built upon a trade floor, much like the NYSE. Therefore, trading can occur all day long. Forex Training Reviews

A large platform in forex is the different currencies. It allows for the purchase of goods and services. Likewise, because currencies are constantly fluctuating, trader are able to keep up with exchange rates more closely.

In order to be a successful trader, one must learn the detail of forex. In order to gain insightful knowledge, brokers and licensed advisors are readily available and capable of passing knowledge down to the forex newbie. A little bit of guidance goes a long way when forex trading.

Though, finding a broker isn’t for everyone. That is why the internet is such a beautiful place. Anything you need to know about the foreign exchange is readily available to any trader hopeful. Browsers can find anything from making money from forex market automatically with forex software to the basics of forex trading. Being research today and start trading tomorrow! Forex Training Reviews

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What is a decent financial package for an out of state private college?

August 31st, 2010 by Bank Loan | No Comments | Filed in News
Private financial
by Thomas Hawk

Question by P | |\/| P: What is a decent financial package for an out of state private college?
i have applied to several out of state private colleges/ universities, for example Drexel university and Wentworth Institute off technology. both have a cost of attendance listed in their financial package of just over 40,000. my package that i got from Drexel is $ 28,000 in loans and aid. from WIT its $ 27,000 so both of them i have a deficit of around $ 16,000 is this a decent package?

also i can go to University at buffalo for free, is it worth it to go out of state and pay the extra money foDurexel, or WIT the main reason i want to is because they have co-op as opposed to just a regular internship.

thanks

Best answer:

Answer by NotAnyoneYouKnow
P:

A good financial aid package is an offer that is sufficient to enable you to afford the cost of that school. If you read that to suggest that the definition of a “good” package varies from student to student, you’ve completely grasped my point.

Drexel is not notorious for meeting a very high percentage of their admitted students’ financial aid need. In 2008, they were able to meet 100% of need for only about 14% of their freshman class. The average cost “after aid” for freshman that year still exceeded $ 25,000.

Historically, Wentworth is even less generous. They met 100% of need for about 4% of their freshman class in 2008, leaving the average student with a $ 20,000 bill.

With that in mind, it sounds like the packages you were offered at both schools are a little bit above average.

Should you pay the premium to attend an out-of-state school? Only if you can justify it in terms of the quality of education. There would have to be a TREMENDOUS difference in educational outcome to justify 10 years of student loan payments. You’re going to have to ask yourself the question – “If I go to Drexel or Wentworth, will I qualify for more/better/higher paying jobs, that will more than cover all of the extra costs?”

For most people, that answer is a resounding “no”. I do understand the allure of going away from home and attending a school with a little more name-brand, but I also understand the allure of driving a Porsche, rather than something I can actually afford. You’ll have to decide if you need a Porsche school, or whether you’ll be better off driving a Honda Accord for free (if you get my drift).

If you borrow $ 16,000 a year for 4 years of school, you’ll leave school owing far more than the average graduate – it’s up to you whether you want that albatross around your neck for the first 10 years of your work (and probably married) life.

Good luck!

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EUR/USD Classical 08.31

August 31st, 2010 by Bank Loan | No Comments | Filed in Forex

Sorry if I sound a little dull, made the video early in the morning :) Blog: aceforex.wordpress.com Original Posts: www.forexfactory.com www.forexfactory.com www.forexfactory.com I got quite a couple emails about the first video I posted on youtube. A few of you guys liked the setup and wanted to see similar videos. First Video: www.youtube.com I got a couple of questions, asking if I could make another video of how I trade. Here it is. Sometimes I don’t know whether the market is going to go up or down. What I usually do know is where price is most likely to reverse before going to the upside or down side. This video shows how I use that to my advantage. It’s a little bit complex, if your a beginner it may not make complete sense to you. Ask questions if you don’t understand or have something to debate. I’ll be glad to answer them. Thank you for watching and remember to Subscribe! Email: ace284@live.com

EUR/USD Classical 08.31
The latest bounce out from 1.2585 is classed as corrective and the market looks to be in the process of seeking out the next lower top below 1.2925 ahead of a fresh drop towards 1.2500 further down.
Read more on Daily FX via Yahoo! Finance

TABLE-Bangladesh key economic indicators – Aug 31
Aug 31 ——————————————————– DAILY INDICATORS
Read more on Reuters via Yahoo! Singapore News

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Private Label Resell Rights: What you Need to Know

August 31st, 2010 by Bank Loan | No Comments | Filed in News
Private financial
by carletaorg

Private Label Resell Rights: What you Need to Know

This interesting article addresses some of the key issues regarding private label. A careful reading of this material could make a big difference in how you think about private label.

Hopefully the information presented so far has been applicable. You might also want to consider the following:

If you are looking for ways to make money online, you are not alone. Each day, there are many individuals, just like you, who are searching for money making opportunities. While you would assume that this competition would have a negative effect on you being able to find work, it doesn’t always. While there are millions of Americans looking for these opportunities, there are also the same number of opportunities available; however, not all of them can be considered amazing.

Each year, a number of hardworking Americans are scammed out of thousands of dollars; don’t let yourself be one of them. If you are looking to make money online, you will have to do a little bit of research. This research is essential to finding the perfect business opportunity, especially one that is legitimate. While this research may be time consuming, it is important. Not only will fully researching and examining all of your available business opportunities ensure that you will make money, but it will also protect you from being scammed.

As previously mentioned, there are a number of different money making opportunities that can be found online. One of those opportunities involves acquiring the resell rights to private label products. These products are most commonly e-books, content articles, and software programs. The process generally begins with a professional writer or software developer. Those professional will create a product that they feel will be useful to others. The only problem is that many times these professionals do not have time to approach prospective buyers or advertise their products. Therefore, instead of selling to their products to new customers, they sell their products to others looking to make money.

If you are able to obtain the resell rights to a private label software program, e-book, or collection of content articles, you will then need to sell them. This where the money making opportunity comes in. It will be your responsibility to ensure that the product sells. Once you have paid to obtain the resell rights to the product in question, you will then be able to collect the profits from each sale. If you make enough sales, you can easily replace what you originally paid for the resell rights.

Buying the resell rights to private label products is an amazing and potentially money making business opportunity. However, like all other business opportunities there are some things that you need to be on the lookout for. With acquiring the right to resell private label products; you need to be careful who you do business with. There are a large number of individuals who can quickly write an e-book or develop a software program, but that does not mean the products are perfect. Before agreeing to acquire the resell rights to a particular product, you are encouraged to request detailed samples. This will help to ensure that you will be purchasing the resell rights to a quality product.

If you are required to sign a contract, it is advised that you examine that contract and look for anything that stands out. There are a large number of professional software developers and freelance writers that have stipulations on how their products can be used. Even though you are obtaining the right to resell their product, you must still abide by these stipulations. Each professional will likely develop their own, unique rules and restrictions. You are advised to watch out for advertising restrictions, price restrictions, and other similar restrictions. These restrictions may prevent you from using a certain advertisement method or selling the product for a certain amount of money. These restrictions may turn, an otherwise money making opportunity, into a financial trap.

By keeping the above mentioned points in mind, you may be able to turn a profit by acquiring the resell rights to a particular product. While it is possible to find a number of different products with their resell rights for sale, the most profitable ones tend to be e-books, software programs, and content articles. If you are able to acquire these rights and effectively market the product, you may end up making money in no time at all.

Knowing enough about private label to make solid, informed choices cuts down on the fear factor. If you apply what you’ve just learned about private label, you should have nothing to worry about.

About the author, Brian Dew has a passion for fly fishing which he mixes in with his seo and internet marketing ventures http://briandew.com/reports

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Tips For Getting The Best Auto Loans

August 31st, 2010 by Bank Loan | No Comments | Filed in Loans
auto loan
by Lee Bennett

Tips For Getting The Best Auto Loans

When it comes to getting the best auto loans there are some things you need to keep in mind which will eventually help you. One thing is for certain and that is that there are plenty of vehicle loans out there that are not ideal deal for you. However, if you do not do the research then you will find it difficult to find the very best loan for you. The following tips will however make it easy to find the very best car loan for your personal situation.


Tip #1 Interest Rate


The first thing you need to compare is the interest rate on the loan to the rates on the other loans. You will find that there are many lenders out there offering competitive charges and then others who aren’t. If you do your research and just spend a little bit of time you will find borrowing with a very good interest amount.


You will want to look at the top three or four plans and then compare them. Just because a lender lends an amount at a low charge it does not necessarily make it the ultimate plan for you. This is a very important aspect to consider, but it is just one piece of the puzzle.


Tip #2 Down Payment


Another thing that will affect your credit is your down payment. Generally, the more you put down, the lower you will be charged. This is something to consider because while you may like the idea of not putting any money down you will actually spend more over time due to a higher charges.


Try hard to have a down payment of at least a couple thousand dollars. This will lower your monthly payment and help you with the rate.


Tip #3 Credit Rating


Your financial rating will also play a role in the car borrowing you get. Individuals with high credit scores will qualify for lower rates than those with bad credit. Because of this those with great credit scores should do even more research to get the best possible rate because they are more likely to get 0% charge for a period of time or even a very low interest rate. Those with bad rating will need to search for a car plan offer they qualify for that does not have sky-high charge.


Tip #4 Negotiate


The final tip is to negotiate the interest charge and terms to your best ability. Many lenders are interested in getting your business, especially if you have great rating.


So, simply negotiate the terms that you are willing to accept for an auto loan. You may locate some lenders are unwilling to budge, while others will work with you. It is always worth a try!


These are just a few things you need to keep in mind when it comes to looking for auto loans. If you follow the suggestions here you will be able to get the desirable auto loan for your situation and even saves some money!

Ready to buy your dream car? Then contact us for auto loans, bad credit auto loans and free credit check.

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Why Bother Saving Money Now?

August 30th, 2010 by Bank Loan | No Comments | Filed in Bank
saving
by SqueakyMarmot

Why Bother Saving Money Now?

Teen Money Tips – Why bother saving money now?

For many teens whenever they earn or recieve money, they spend it all. Saving money is just not considered cool and is (for most people, especially teens) a difficult thing to do. Some will just say “I don’t want to save” but many will save “Why should I save now, I should leave that until I’m older”. Well today I am going to tell you why you should start saving money now, even if it’s just a little bit. Remember, saving money is fairly low risk compared to investing it in stocks/shares or other things so it will take longer to accumulate.

Basically, you should be saving between 10-20% of everything you earn. For most teens this would be an easy enough amount to save and would not require a massive change in spending habits. Now you might be thinking ’10-20% of everything I earn, that will never be enough!” well in the short term this may be true, but in the long run (and with the help of our friend ‘compounding interest’) it will be. Compounding interest is where you earn interest (basic definition- extra money given to you by your bank for placing money in their accounts,we will cover this topic more later) on top of your interest.

For example – John puts 0 in his bank account at 10% interest per month (please note this is a high rate of interest used for illustrative purposes only) By the start of next month his 0 has grown to 0 because of the 10% interest. Next month his 0 has grown to 1 because he has received “compounding interest” (interest on his interest as well as his principal – the amount he originally deposited)

So if you were to put away every month for the next 40 years and it was to grow at 5% P.A (per annum- every year) then by the end of the 40 years you would have ,662.31. Not enough to retire on but a nice amount anyway for future investments or to go on a retirement holiday with etc. If you were to recieve 10% P.A. compounding your a month investment would grow to 5,266.65 over 40 years!

Now go out and start saving a bit of money each month so that when you get older you don’t have to worry as much about how you can afford to save! If you would like a free compounding interest calculator then visit http://www.moneychimp.com/calculator/compound_interest_calculator.htm

For free advice on savings, investments, wise spending habits, jobs and online income opportunities for teenagers, visit Teen Money Tips today!

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Q&A: When applying for an auto loan do they only check balances on accounts or can BOA check actual transactions?

August 30th, 2010 by Bank Loan | 2 Comments | Filed in Loans

Question by Zoe: When applying for an auto loan do they only check balances on accounts or can BOA check actual transactions?
I have had two checking and two savings accounts with Bank of America for a couple of years and thought I should look into their auto loans prior to going to a dealer. I am wondering though if they are able to look at actual transactions or just view balances when doing the credit check. I assume any other place wouldn’t have access but since my account is with them is that something they may do?

Any info would be great!

Best answer:

Answer by Garden
Finding a bad credit auto lender take a little bit of work to find the right one. When looking to buy a new or used car, the dealer may offer bad credit financing, or refer you to a lender. Car buyers should consider arranging their own financing.

http://www.worldbestloans.com/autoloans.htm

Unless you have a 700 or higher credit score, it might be a good idea to look at your credit report and see what you can do to improve your credit score. A 700 score will get you the best rates at the best loan terms.t.

Give your answer to this question below!

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