10 Tips for Investing in Distressed or Foreclosed PropertiesWritten by Elaine VonCannon
10 Tips for Investing in Distressed or Foreclosed Properties1. Search on world wide web for distressed or foreclosed properties as a starting point. Use a professional REALTOR to identify great foreclosure deals for you. You may be successful at searching web on your own, but keep in mind some of information is outdated, some may be incorrect, and some of available properties are not even listed. A REALTOR subscribes to updated MLS listings and can offer you most current information available. 2. If you search yourself for distressed properties and purchase from selling agent, you are paying a commission to someone with a vested interest. Obtain objectivity in sale by working with your own REALTOR. You won’t pay any more. Technically, everyone works for seller, since they pay commission. 3. With distressed or foreclosed properties, time is of essence. Purchasers must close on date specified by agency, and cannot close after this without penalties of $25-200 per day. 4. It takes 1-3 weeks to qualify a loan. If you are approved for a loan, make sure you are qualified by your lender as soon as possible. If you are paying by cash, make certain funds are available. If finances are in order, REALTOR will then submit an offer. When offer is accepted by both seller and buyer, REALTOR will submit ratified contract to lender and closing agent. These steps will begin process of a successful real estate transaction. 5. When purchasing a distressed property, always obtain 3-4 bids from different contractors to estimate costs of repairs, if you do not plan on doing work yourself.
| | Highlights Early Learning ProgramWritten by Madhur.G.Bajaj
Dear Sir/Mam,As a parent your biggest responsibility is to prepare your child for future , physically emotionally and mentally. The first big Intellectual Challenge your child will face is Entrance Test for KG and later for First Standard . Every parent will feel anxious. We know that a child is born with a million of brain cells called Neurons and they form connection to each other called synapses. You can make synapses strong by providing your child with a variety of Input & Experiences. If this is not provided at an early age we lose an important learning opportunity. The early years are most important. Children who are well prepared at home are more confident, enthusiastic, and involved at school. Children who have not received these vital inputs tend to be more withdrawn and less involved. Children are natural learners. They need to be stimulated with a wide variety of inputs.
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