There is a lot of misinformation scuttlebutt floating around these days concerning the purchase of a foreclosed home. There are “naysayer’s” on both sides of the aisle when comparing a foreclosure and short sale. Both have an upside and downside but if a new homebuyer wannabe or investor decides to jump into the home foreclosure deep end of the pool, a dab of patience and a wheelbarrow full of brief knowledge will get you what you want and not get “burned” in the process. Patience is the companion of wisdom!
If you want to know the truth there’s really no cut and dried answer as to what is better a foreclosure or short sale. It depends on the buyer-investor and what their priorities are. One thing for sure is before starting their foreclosure search, buyers who want to play their cards with more aces than a pair of fives should know the benefits and drawbacks of buying any type of “distressed” Louisville Homes.
Foreclosures up to 30 percent less than a “non-distressed” property are not unheard of because under current conditions its possible to negotiate a better deal with the lender (banks mostly) who has foreclosed properties that may have been sitting unsold for not only months, but in some cases, years. However the foreclosure process is typically faster than dealing with a short sale.
Here are 5 tips for purchasing a foreclosed home:
#1 – If the foreclosure has been sitting unsold for several months an investor should pencil in about 10 percent of the purchase price for needed renovations.
#2 – Without fail the investor should have an updated preliminary title report completed to verify there are no mechanics liens or IRS liens existing against the property.
#3 – Also before you close the deal and it records, spend a few hundred bucks for a home inspection and walk along with the inspector when they do the inspection and take a camera with you. Also, if you have an appraisal friend, ask them for a few “comp” comparisons of homes that have recently sold in the neighborhood.
#4 – Know your tolerance for foreclosure home “defects.” Ask yourself if you have money for repairs; can you do some of the work yourself?
#5 – Get a pre-foreclosure list from a realtor. Check homes near where you live, then contact the homeowner prior to the bank foreclosure notification.
For a list of foreclosed homes available in Louisville, click here.
Due to the sheer size of a mortgage every percent of interest can really change how much you are truly paying for your home. It is crucial to have the best loan rate possible and one of the ways to do this is by refinancing your home. By refinancing you are trading out the old loan plan with a new one. You will still have to pay off the full amount of the mortgage but it can be at a different rate with a different set of rules. There are some great benefits that come with refinancing a home that should be considered if you want to save a good amount of money.
1. A Better Interest Rate
A good interest rate at the time you took out a mortgage may not be so great anymore. Times change and many loan institutions have become more competitive by offering lower interest rates. This will save you a large amount of money in the long run while it will seem like a small deal in the monthly payments. This is the best reason to refinance a home and it is highly recommended to take this opportunity if possible.
2. Change Monthly Payment
If you are feeling a little tight on cash every month then you can refinance your home and lower the monthly bottom payment limit. This will simply increase the length of the loan but make the payments lower. This can free up cash for you as you gradually pay off the loan.
3. Decrease Risk
If you have a loan payment that has a variable rate then you may be able to refinance the loan to change it into a fixed rate loan. This will keep the interest rate steady for the whole duration of the mortgage. You will not have to worry about how much the payment is going to be every month because it will always be the same.
4. Consolidate Debt
A mortgage generally has a low interest rate compared to other forms of debt. You can refinance and consolidate other debts into the home mortgage in order to make managing the debt easier and less expensive.
5. Free Up Cash
When refinancing a loan you can get a large chunk of the cash you put into the old one back. While you will still have to pay it off it can be great when you need some money in your pockets.
To learn more about refinancing your home, click here.
If you have tried in vain to find one of your close family members or friends to no avail, then it might be time to hire a private investigator. These professional sleuths will be able to crack any mystery you might have. All you need to do is point them in a direction with some leads, and they should come back with the information you need. You have wanted news of your loved one for so long. Now, their whereabouts, with the help of PVTeyes, will no longer be a mystery thanks to a private investigator who look on your behalf. Click here to visit their website.
Trust a Private Investigator to Find Them
Many people get lost in their way through this world. Your loved one was no different. The police, friends, and family have no definite leads. Things have been quiet, and you are getting worried. A private investigator can help you relax because they will be able to find your loved one if you trust them to do their job. It is best if you give them all and every piece of information you know. When were they last seen? Has anyone talked to them recently? What is their favorite place to hang out? Do they have a passport. access to cash, etc.? The answers to questions like these will have a important impact on your private investigator’s search. You will need to tell them everything you know if you want this to be successful. The truth is that maybe your loved one does not want to be found. However, a private investigator will do his or her best to at least give you the proper contact information. It will be your decision on what you want to do next.
A private investigator often goes to the darkest depths to find your loved one. You need to know that you might not hear great news at what they find. However, if you are willing to take the chance in finding you long lost family member or friend, then let them dig as deep as possible. You will finally be able to get the answers to questions that have plagued you since their disappearance. Hopefully, your story will have a happy ending, and you will be reunited with your loved one. The private investigator will do whatever it takes to find the person you are looking for so that you do not have to live in confusion any longer.
Regardless of how good your grades are, a tutor is always the best way to maximize your test scores and overall GPA. Tutors are also great for small children to give them an edge and allow them to be better prepared for harder course material as they advance in grade over the years. The problem here is that tutors have something of a reputation of only being for the wealthy. While it is true that this is a stereotype, there are tutors that work for reasonable, affordable rates as well. If you need a tutor, here is how to get one that meets your requirements.
These days there are sites online that offer one on one tutoring at a fraction of the price that it costs to get a real life tutor. In most cases this online tutoring can certainly be just as effective as their real life counterparts. The only drawbacks here are that the tutor won’t have direct access to the student’s course material and won’t be able to review homework etc. quite as easily. In essence, an online tutor will function in a more general capacity than a real life tutor but is still very effective.
Finding a Real Life Tutor
With the current economic status, it has become easier than ever to find a real life tutor that doesn’t charge an arm and a leg. There are many teachers out of work who will gladly help students out at reasonable rates. To find these individuals, it is necessary to search locally. For example, searching “Westchester Math Tutors” in the search engines would be better than just “Math Tutor.” Also don’t forget that there are sites that offer local services, such as Craig’s List, that can help you to find tutors as well. Just be sure you do a very good job vetting a real life tutor before hiring one; you want to make sure the individual is both qualified and ethical before hiring them.
How Often to Hire a Tutor
To utilize a tutor most effectively, it is often times best to limit the frequency of when they are used. When hiring them on a freelance basis it is very easy to do this since there are no contracts involved. In most cases, it is best to have a tutor on hand right before a major test or to help with an important term paper. Depending on how the student is scored by their school, most of the tutor’s time and effort should be put into preparing the student for tests, papers, etc. that contribute the most to their overall score/GPA.
As in many areas of expertise, you cannot learn investing overnight or even over the weekend. Learning to be a competent investor requires a special degree of persistence because investment strategies lose their edge when everybody else knows about them. Your learning process itself, in a very real way, will be competing with the learning processes of other investors, so buckle up.
Since you have children, that adds an additional layer of time, energy, and cash constraints to your endeavours. This means you must make the most efficient use of your time as possible. One of the best ways to do this with investing as with many intellectual pursuits is something called Spaced Repetition Flashcard Software (SRS). There are excellent open source and user-friendly types of this software such as Anki, Mnemosyne, and others. The more technically inclined might want to loosen their purse strings and check out the infamous Supermemo (the one that started it all).You can find out a great deal more about spaced repetition, the spacing effect, and the decades of solid research behind this method if you’re up for some Googling. The short version: such software guarantees a 90-95% recall accuracy rate for your entire flash card deck as long as you are diligent and keep doing your daily reviews. You review new flashcards more, and you review older flashcards progressively less often. Compared to traditional methods, the efficient algorithms drastically cut down study-time. It is one of the most efficient and effective ways to learn, and you can use it to study virtually anything. For these reasons, it should be of special interest to parents.Next, you want to use your newly acquired SRS to study investing. Look for free investing resources on the web, borrow from your local library, and get slightly out-of-date editions of finance and investing textbooks for mere pennies off of Amazon. Start with textbooks, and gradually move on to niche texts. One great textbook is “Fundamentals of Corporate Finance.” A lot of investing-related knowledge is cheap, so avoid over-paying. Make flashcards of everything you want to remember, from the very basics to advanced techniques and processes. Remember, an SRS is an index of your knowledge! If you want to learn things that are in list form, avoid putting them in your SRS, as they will merely clog your reviews. Use mnemonic techniques and put together a handy portfolio, binder, or notebook of the important lists that you come across in your reading so that you can reference them as needed.
Lastly, after all of your theory is memorized, do not forget to put it to use. There are many resources out there for you to utilize such as creating a mock portfolio. Most simply put, theory does not amount to much when the actual action is not put into use. So before you put any money into an actual IRA or investment account, start considering trading on a virtual stock exchange. There are many to choose from, one prominent one is the stock market simulation game from Wall Street Survivor.
That’s it! After you learn a lot of theory and practical wisdom, you will be ready to start monitoring things like the stock market. It’s probably useless to memorize stock prices, but by this time you will have a well-formed system of ideas about how to go about analyzing investments in real time. With so much investment knowledge committed to memory in a time-conscious manner, you will be greatly suited to writing up analyses of various investments and making decisions.
All mothers know that traveling with children can present some challenges. However, there are ways to make traveling more pleasant. Here are some suggestions to help make the next family trip more enjoyable.
Every mom knows that children need routines and consistency; this is no less true when traveling. Planning the trip out is necessary to ensure the most pleasant trip possible. Mapping out nice places to stop along the way can provide much needed breaks for children. Knowing the most kid-friendly places that are along the traveling route is a good idea.
*Keep Expectations Reasonable:
Keep in mind the children’s age and what a reasonable amount of time is for them to remain contented while traveling would be. For a very small child this could be a longer amount of time due to frequent naps, however, for a toddler frequent stops may be required just to keep the child from a meltdown. Much older children on the other hand can usually keep themselves entertained for a much longer period of time. Keeping in mind what is reasonable for the child’s age can make the trip more pleasant.
Packing drinks and snacks into the car for consumption while on a trip can help prevent melt downs and sugar crashes. In addition eating can distract kids while traveling as well as make time pass faster. The easiest way to do this is to buy snack items in bulk as well as putting waters or juices in a cooler that keeps them cool and on hand while traveling.
In this day in age there are many portable entertainment devices available. Using these as a form of entertainment is a good idea. Many cars have entertainment systems built in; if this option is available bringing along movies to help the time pass by is a great idea. However, the old fashioned games such as seeing how many States can be found on passing cars tags while driving down the freeway, or playing the I-Spy game, all these can be a great way to pass the time and keep kids entertained.
Traveling with children does not have to be difficult if moms use proper planning and use resources to their fullest she can keep her children happy and entertained throughout the whole trip. Another good way to ensure a great trip is find out what the best tour companies are in your city and just let them take care of everything.
When you have a child who is in need of private tutoring, there is a variety of benefits when you do so to help your child excel in just about any area of education.
Distractions and Individual Attention:
Working with tutorial for children allows your child to have a more concentrated time to study and focus on the work at hand, as opposed to his or her mind wandering off thinking about video games, friends, televisions, and other activities. The environment is more controlled as opposed to asking your child to do his or her own homework on their own, in their room, where there are plenty of distractions available. Also, tutorial for children helps to give your child individual attention so they are able to ask questions and thoroughly understand subject material before moving on to a new concept ant idea.
Choosing Your Tutor:
Choosing your tutor is another benefit of tutoring for children, as it allows you to compare various teachers and tutors who are available to find the best suited option for you based on your child’s personality and the type of tutor you are seeking to help communicate with your child. Another benefit of choosing a tutor to work with your child is that most tutors have enthusiasm and are excited about teaching a subject they have a passion for, which can help to encourage education and gaining knowledge.
Building Self-Esteem and Confidence:
If you hire a tutor to help your child learn new subject material, there is a possibility your child’s self-esteem and confidence will increase over time as well. This happens as your child begins to learn and feel successful or proud of him or herself. It will also be easier for your child to complete schoolwork on a regular basis without feeling nervous or “behind” if he or she felt before that the material was unfamiliar.
Consistent Homework Help:
The help of a tutor allows you to relax as your child will have help and guidance on his or her homework regularly, even if you are unfamiliar with some of the subjects and material they are working on. Instead, the tutor will have the opportunity to review homework and help your child on any material that is too challenging or unsolvable for your child while guiding him or her to the ideal route to find solutions.
In today’s society most often it takes two incomes just to make ends meet. However, even if a mom chooses to stay home there are a few jobs that she can do from home to contribute to the household income.
Become an Author:
If a mom can write well she can write for sites that pay for articles written on certain topics. In addition there are other sites which will pay for written articles on topics chosen by the moms. Sites like yahoo contributors and textbroker are just two of the awesome sites a mom can write for. Depending on the writing skills and devotion of the mom this can be a good side-job or a full-time income.
Although a certificate is required for medical transcription there are online courses available so that a mom can go to school from home and then work from home after her training is completed. Medical Transcription can be a lucrative at-home career. In addition after the kids have grown and moved away moms can re-enter the workforce armed with experience and a degree in medical transcription.
If the at home mom is a people-person she might find in-home party sales the best job for her. There are numerous companies that offer their consultants ways to make money by serving as the go-between, between them and the customer. With many moms finding they only have to be out of the house a few nights a week in-home parties can be a great way to earn some extra income and get out of the house every now and then. Examples of these types of companies are Mary Kay, thirty-one, and Scentsy.
Sale extra belongings:
Every household in America has extra possessions they do not use just sitting around like your old childrens t shirts. By using online avenues such as Amazon and Ebay a mom can make some extra money simply by cleaning out some of the clutter in the house.
If a mom has any formal schooling or is very knowledgeable in a certain subject she may be able to teach or tutor children for extra money. For example a mom that can play the piano could start teaching piano lessons for extra income.
To be a stay-at-home mom is the hardest job in the world. Unfortunately no one pays a mom for the job she does. Thankfully there are at-home-jobs available that allow a mom to contribute to the household income.
Everyone loves a wedding. From the beginning planning stages to the actual big day, weddings create memories of a lifetime. One of the most important parts of a successful wedding is preparing your daughter for a wedding as a mother.
Every young bride began planning her perfect wedding years before her actual wedding day. A handsome groom, the beautiful wedding gown, the perfect bridesmaid dresses, gorgeous flowers and all of her favorite friends in attendance are all a part of her day to remember. As a mother, you know there is much more to making her wedding the perfect wedding. It all must begin with the personal values we as parents have tried to teach our children from their tender ages.
When your daughter understands a perfect wedding and marriage can only survive with moral values, love, respect and self-respect then the wedding itself will delightfully be icing on the wedding cake. Preparing children for adulthood with these gifts is the best gift you could ever give to your daughter as a wedding present. Teaching these qualities to your daughter can then be honorably paid forward within her own new family. She will then reward her marriage and her life with the strength and the knowledge she deserves for a happier ever-after.
Mothers, find comfort in your daughter’s dreams and the parenting job you have worked so hard to succeed in. Trusting the lessons taught will influence your daughter’s decisions in the details of her perfect wedding. These gifts will assist her in planning a wedding she will never forget.
Helping your daughter with the most intricate details of her wedding planning is also an exciting part of a mother’s job. Introduce your daughter to the budget you have provided for her so she will have an easier time setting detailed goals. Create a list of her specific dream wishes and necessities such as deposits and payments for food, flowers, location, clergy and attendant’s gifts. Discuss invitation lists, invitations and when to send them out. Guide her towards getting the most for the money without compromising the most important parts of her dream wedding.
Mothers and daughters, this is one of the most important moments of a parent and child’s bonding experiences. Keep things in perspective. Don’t forget to use the gifts of moral values, love, respect and self-respect with each other as you share in the exciting plans of this truly beautiful occasion.
For a teenager who is new at experiencing with makeup, they have a tendency to go overboard when putting on makeup. Don’t worry moms when your teen expresses an interest in makeup, but instead of telling them they can’t wear it, teach her the right way to apply makeup by focusing on her features and how to define them. If you do this, she won’t be caking on color where it shouldn’t be. If you show her the right way to enhance her features with color, she can have an attractive makeup lesson that she can use as an adult as well. Makeup can be a nice tool for a teen if you teach her how to apply it with a light hand and proper color and texture options. It can enhance her beauty inside of hide her beauty.
If you are stumped, there are many great resources out there to take the burden off of your hands. For instance, you can go onto websites like Style Seat to book professional make up and hair artists for your child to learn from. If you are in a large metropolitan city, such as Chicago, you can utilize their search bar and find “nail salon chicago” to find a make up artist near you.
The things you will need to begin are a nice tinted moisturizer or some sheer foundation, brow gel or brow color and some under eye concealer. Even out the complexion on her face by using a SPF moisturizer in the daytime, or if it’s evening time a sheer foundation. Use the concealer to cover blemishes on the face that matches the skin. A light application of brow gel will help keep the brows in place or you can fill in brows with a powder or eyebrow pencil. Use very slow and soft strokes so it creates a natural appearance and you won’t see hard lines. For the eyes, apply a base eye shadow all over the eyelids to keep the makeup from showing creases or fading. A midtone eye shadow can be applied next from the lash line to the crease. Next, blend the color in slowly in an upward motion to have a soft fading type of effect. Applying makeup before your teen is going to school its best to sticking with the natural colors such as peaches, pinks and fleshy tones. For someone with darker skin, darker colors can be applied, but otherwise have some fun with colors using some blues, purples and greens. Curl the eyelashes with an eyelash curler and apply a coat of mascara. Use her skin undertones to choose a nice lip color. Lightly dust translucent power over the face to set the makeup for the rest of the day.