Finance Archive

Applying for an FHA 203K Loan: How-To Guide for Owners of Fixer-Uppers

Many people get inspired to buy homes that need serious work, thanks to lifestyle and reality television shows. If a house is considered uninhabitable, lenders usually don’t hand out loans to borrowers. The FHA 203K loan program is set up by the federal government to help buyers repair an old and/or damaged home. For instance, it is [&hellip

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4 Ways Outsouring Can Expand Your Business

If you want to expand your business, you have to be ready to support exponential growth, and one effective solution is to hire BPO services. Here are some reasons many companies around the world choose to outsource. Focus on Growing Your Business The ability to delegate is one of the top skills many successful business [&hellip

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The Advantages and Disadvantages of Using ROBS for Your Startup

ROBS or rollover as business startup involves upcoming business owners using their retirement accounts for paying for startup business expenses. You build a C corporation with its own retirement account and roll over the funds from your own retirement account into your startup’s retirement account. Your startup, as a C corporation, could then issue stock, [&hellip

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Surprising Things That Could Actually Destroy Your Credit Rating

All people know that they need to pay off all their bills promptly and limit their debt, and in most cases, that’s all that matters when it comes to your credit rating. However, most people are unaware of these sneaky factors that could also put a significant drop in your credit score: Tax Liens – [&hellip

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Avoid Huge Home Maintenance Costs with These Ideas

The value of your home can go up over time, especially if you take good care of it. What you spend on maintenance, however, is a different story. Whether you’re an owner or a tenant, you have to spend a little money on immediate maintenance if you don’t want to empty your bank account just [&hellip

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FHA 223(a)(7) Loan Requirements: The Project Capital Needs Assessment Report

A Project Capital Needs Assessment or PCNA is a plan particular to a multifamily property. This program addresses existing and overdue property maintenance, plans for rehabilitation and modernization, as well as a scheme for making certain that all the property’s requirements would be addressed moving forward. When applying for an FHA 223a7 loan and other [&hellip

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Avoid Mortgage Pitfalls and Enjoy Friendly Rates

Many people rush the process of applying for a mortgage, and it causes them to endure exorbitant interest rates. The article highlights some of the credible ways to keep your interest rates low and repayment terms friendly. While mortgage remains the most affordable way for people to own the roof over their heads, it is [&hellip

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Home Sales Reach Record High in Utah for 2016

Real estate companies in Utah sold a total of 49,399 houses in 2016, the highest number ever recorded for a single year, according to the Utah Association of Realtors. The record-breaking sales figure in 2016 also exceeded the number of homes sold in the previous year. Low-interest rate, high employment growth and a strong economy all [&hellip

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Cash Flow and Credit: Two of the Keys to Small Business Success

You may have all the drive and the passion for the business you establish; however, businesses require more than love to succeed. Entrepreneurs who are new to their industry need to have knowledge of cash flows and credit, two keys for success. Cash Flow UK Business Mentoring, a business mentoring company from London, cites that for [&hellip

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Frugal Living: How to Save Money the Easy Way

Who doesn’t want a mansion, top of the line cars, a private yacht and weekly vacations in Salt Lake City or Las Vegas? We all want those and if we can have those, then we’ll be set for life. Pretty simple, right? There’s only one major thing we need to live the luxurious life of [&hellip

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