Author: Al HardyFHA Mortgage Streamline Refinance loans are available to homeowners that financed their homes with FHA Loans.First a little history on FHA Refinance Loans. They have been available for a long time, all of the way back to the 1980's. Because of the popularity of FHA Home Loans the FHA Streamline Refinance Program has at least 20% of the home refinance market and it is increasing at a steady rate.The FHA Home Loan Program is very...more
Owning a business that runs itself is one of many ways for easy income, that's why you see commercial ventures being put up everywhere. Statically speaking, the likeliness of you failing is greater than the odds of you succeeding. But nevertheless, many bold individuals take the risk and still manage to make it big anyway. Their purpose for forming such is to make money of course, but what if I told you that putting up a business is one way of...more
The Federal Credit Reporting Act ["FCRA"] makes it mandatory for Credit Reporting Agencies such as Experian, Equifax and Trans Union "to follow reasonable procedures to assure maximum possible accuracy of the information in the [consumer's credit] reportÂ…." A willful and negligent failure to do so is violation number 1 of the FCRA. One wonders then when in fact it turns out that certain Credit Reporting Agency ["CRA"] procedures, or lack thereof, assure maximum possible inaccuracy of information in the consumer's credit report. Are we to take it that the words of a federal law mean exactly the opposite of what they say? Legally, philosophically, morally, one would think not.A "trade line" on your credit report provides certain standard items of information about an account you have, such as the name of the company ( say a department store, for example), the company's address, the account number, the current balance on the account, the terms of the credit, and so forth. Any of this information could in fact turn out to be incorrect, but the item of information we will address in this article is that definite and critical identifier for the CRAs, the account number.One would think...more
Quitting your current job to invest full-time in real estate is an important decision. Fear is the biggest road block we put in front of ourselves, even if what we fear will change our circumstances for the better. Unless you are financially able to support yourself for one year while you get started, you'll need to wisely prepare to quit your job...more
The national credit card debt problem, enthusiastically cheered on by the credit card companies, has exploded into a completely out of control catastrophe. Having happily added on every sort of fee that they possibly could - late fees, pre-payment fees, over-limit fees, and so on - they're suddenly surprised and shocked that many credit card...more
A Vat registration form is required to be submitted by every proprietor of a company or firm reaching the vat threshold limit providing information about the status of the business. This applies whether the firm is solely owned or in a partnership, and also whether the company or firm is registered or not, and it provides your required and necessary details to HMRC. Following vat registration the business which can be self employed or a company is allocated a vat number which is the unique vat ID to be shown on every vat sales invoice.VAT Knowledge Benefits in Startup Business VAT Form VAT Rates VAT IDValue added tax can also be put up as service tax or a percentage of tax owned by the business on the sale of goods minus the vat input tax previously paid on the goods.The Vat scheme plays a very important role in your business because it is based on the type of business and applicable to all sales invoices. At the standard vat rate applicable to those products or services. The consumption tax also known as value added tax helps in maintaining a balance between the society's infrastructure and valued goods. It helps in shaping up a new business and coming up with new ideas in a...more
When the recession hit, fast and furious, one of my management consultants was quick to remind me: "At high tide, the water covers the rocks, but when the tide goes out, the rocks begin to show." I've done a lot of thinking about that statement, and...more
To ensure the optimum growth of an organization, it is essential to have an effective workforce planning. The very first thing which the management needs to ensure is that a person is appointed at the right position and for the right job. It is very...more
We are truly in one of the worst economical disasters of the entire history of man on this planet, and there are a number of reasons for it, lets focus on one for now. Real estate as I am sure most of you know has been on a downward, self destructing...more
A fixer upper has been the point of entry for many first time home buyers. There are a lot of good reasons why a fixer upper could be of benefit. It must be noted that fixer uppers do vary. Some need more fixing up than others. The amount and the...more
FHA foreclosures have been steadily rising in the last three years and the number of new homes getting on the selling block keeps coming by the day. A dominant market is taking a new form today and that is FHA foreclosures.Real estate market forces...more