|Real Estate Information|
Eight Key Steps to Selling Your Business and Cashing In
This year, some 700,000 American businesses will be sold. Most will be small and mid-sized businesses like yours. If you, too, are thinking of selling, consider these practical steps for making the process go smoothly.
Now for the GOOD STUFF!
Getting the Cash Out of your Business Note
Business notes, known more specifically as seller carryback business notes, are created when the buyer of a business can not or will not pay all cash. Frequently, banks and similar lending institutions are hesitant to loan money to new business owners who have minimal track records and where hard assets make up a small percentage of the total purchase price.
In the case where a buyer cannot obtain a loan, the seller is left with two choices 1 hold off until he/she find a buyer who can pay all cash or 2 carry back a note in order to collect future payments. The first option is often not realistic. In the second case, the seller is hopefully able to at least extract a large down payment to make extra sure that the buyer has some "skin in the game". However, even then the seller is usually in a position that he prefers not to be in – he has no lump sum of money to either invest in other opportunities or to retire. Unlike a real estate note, where is there is a hard asset that is fairly easy to appraise; the business note is relatively risky to hold.
So, what is a business seller to do when he didn’t want to be in the lending business to start with and now has a need for immediate cash What many people don’t realize is that the business note can be sold. The former owner can sell all or part of the note to get a lump sum of cash. In this way, both the goals of selling the business and getting the cash out of it are met.
In summary, selling a business note is an excellent way for the former owner of a business to get his cash out of the business. Whether the reason for selling the note is that the seller would have preferred all cash all along, that he now has large debts to pay, or that he has the opportunity to pursue other investments, the sale of a business note is a tool of which you should always be aware.
What’s Your StyleA Guide to America’s Most Common Home Styles
Styles of houses vary across the country.From the New England Cape Cod to the Victorians of San Francisco, the choices are almost endless.Knowing which style you prefer is one of the basic elements in your hunt for the perfect home.
Turf Wars: Author/Landlord Offers a Few Words of Advice for Tenants
Richard Rusdorf, author of "The Landlords Handbook: A Complete Guide to Managing Small Residential Properties," managed a 400-plus-unit apartment building in Chicago 20 years ago. The past president of the Chicago chapter of the Institute of Real Estate Management, he has served as a real estate broker, consultant, writer, architectural photographer, and certified property manager. With such a diverse background in real estate, Rusdorf has plenty of perspective on what peeves both landlords and tenants. Tenants number-one point of contention, he says, is "responsiveness to complaints -- even if theres nothing that can be done about the problem." Residential rental properties are a literal obstacle course of sticky situations. These fairly tight quarters are home to many people with specific concerns that they expect their landlord to address and pay for yesterday. Landlords, whether at fault or not when tenant complaints arise, find themselves between a rock and a hard place on such issues as security, water quality, the neighborhood, neighbors, their guests, and noise.
Can I Have Your Autograph
Being a celebrity means dealing with fan demands for autographs, ranging from polite and appropriate to rude and overbearing. One time Katherine Hepburn was performing on Broadway and tried to exit backstage through a crowd of jostling autograph hounds. Bodyguards helped her to her limo and once safely inside the very private star rolled down the window and shouted," Run em down! Well clean up the blood later!" The crowd scattered and the limousine sped away, pausing long enough for Hepburn to roll down the window and wave goodbye to her fans, accompanied by an evil laugh. Strangely enough, when she lived in Beverly Hills the seclusion loving Hepburn developed the habit of sneaking into her neighbors houses as a hobby. She became expert at climbing trees, avoiding alarms and dogs, and revealing herself just before her nervous neighbors called the police.
Debt Relief From Debt Consolidation
If you are up to your neck in debt, there may seem like there is no relief in sight. In fact this is not necessarily the truth. There are ways to take all of your stifling bills and roll them up into one neat package by using debt consolidation in two very popular forms Home Equity Loans, Refinancing Loans, and a Consolidation Credit Card. All of these instruments provide the debtor with one thing “relief” from the current debt by shrinking it down to a single manageable debt.
Find a Job in a Fast Growing Field Using Labor Market Information For Your State
The question confronting most people who want to find a job is "whats a good paying job with growth potential"
As a new business owner you must wear many hats.
5 Hot Internet Businesses For 2005
If you are planning to start a new business in 2005, you should seriously consider one of the many Internet based businesses available today. The online businesses have numerous inherent advantages in comparison to their brick and mortar counterparts.
Publicizing Your Company
Got a huge need for publicity and a tiny publicity budget You don’t need to have a Madison Avenue-sized advertising budget to make your name known.
The "Psyche" of The Seller and The Tenant Buyer
For those of you who were not psychology majors the "psyche" is someonesmind. What motivates them. What are they thinking. How can you better understand them. All of which is important to those of us in lease purchasing. In fact, it is important to any business person. The ability to know what motivates your customer, how your customer thinks, and tapping into their "psyche" is what makes some businesses successful and why others fail.
Conditions Are Right For Buying The Higher Priced Home You’Ve Always Wanted
Higher interest rates and home prices in the past have kept home owners from purchasing larger homes.The current real estate market conditions, however, are encouraging for many home owners who want to “buy up” to higher priced homes with more to offer.
Before Selling Your Home
Here are some important steps you should take before you put your house on the market:
7 Essentinal Resources for Small Business
So you want to start a business but you dont have a lot of money Start your business online, and it wont be a problem.
The Power of a Home Equity Loan to Pay Down Debt
Households across the country are finding themselves in a similar situation. They lack the financial funds to make the necessary changes to their home and need to find a way to fund upgrades and eliminate debt. A popular way of financing these changes without killing themselves is by taking a home equity loan to pay down their debt.
Why Its Important to Get Pre-Approved
Having a pre-approved mortgage will give you the confidence of knowing exactly what you can spend on a home before you start looking. You will also be protected against interest rate increases while you look for your new home.
Own Your Niche by Building a Niche Community
In 1997, David Steele was making the transition from a professional therapist to relationship coach. Part of his strategy was to become a center of influence and THE Relationship Coach for his community.
The Logic of Emotion!
Homebuyers are an interesting study. Watching people make their home buying decisions has brought me to the conclusion that every decision that every one of us makes is based in emotion. You heard me, its all about the emotion. Before you deny what I am describing to you, let me begin with me.
Complete Home Rehab In 10 Days
This report is about taking a house and restoring it to an aesthetically pleasing dwelling that has reclaimed it’s functional utility.In effect, it is the anti-aging medication for bricks and mortar.
Is Accumulating a Net Worth of $1,000,000 Easy Yes and No
After purchasing Anthony Robbins Get The Edge program, I was a bit skeptical that it would provide much value. I can honestly tell you that it has dramatically changed many areas in my life. Many of my new or old goals are finally in clear focus, Ive been taking action on a daily basis and more of my goals are now beginning to become a reality. Anthony Robbins exudes an abundance of energy and shows a sincere enthusiasm to help you get motivated and move towards your own path to success.
How To Start With Absolutely Nothing And CreateWealth online in 30 days or less.
Without a doubt, if you asked me, Shane if there was only 1 marketing strategy that you could use on the Internet, what would it beWithout hesitation I would say joint Ventures. Joint Ventures are easily the most lucrative Marketing Strategy ever invented and if you learn to do it right, will likely be the ONLY marketing strategy you will ever need to use.
"Pretend Interest" and Apathy... What To Do About Them!
According to Merriam-Websters dictionary "apathy is defined as the following: lack of emotion; lack of interest; indifference".
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