Benefits of a Remortgage

Written by John Mussi


There are many benefits in choosing a remortgage, some of which are listed below:

•A remortgage is changing your mortgage without moving your home.

•Remortgaging isrepparttar process of switching your mortgage to another lender that is offering a better deal than your current lender thereby saving money.

•A remortgage can also be used to raise additional finances by releasing equity in your property. •When you remortgage you are ending your old mortgage deal and switching to a new one. This normally involves switching your lender although you can sometimes change deals with your current provider. If you do remortgage with your current lender it normally involves changing your existing deal. •You can borrow from £25,000 up to £500,000. Rates are variable, depending on status.

•Remortgaging can allow you to get a better rate of interest and reduce your monthly mortgage payments.

•A remortgage allows you to consolidate existing loans to one manageable monthly payment or raise money to buy a new car or home improvements.

Due Diligence and Safety Nets

Written by William Cate


Due Diligence and Safety Nets By William Cate

If you're an Angel Investor, you're an endangered species. You live in a high-risk environment. Many of your predecessors failed to take evenrepparttar minimum safety precautions to ensure their survival. They didn't survive. If you follow their unwise investment policies, your bank balance is at serious and predictable risk.

An entrepreneur, without a business plan, shouldn't be taken seriously. If you invest in a business without a critical review ofrepparttar 135467 company's business plan, you should expect to lose your money. The company's business plan is its roadmap to business success. Ifrepparttar 135468 roadmap is vague, success is very unlikely. Cashflow charts are to be ignored. You should expect that a successful business plan will require twice as much money as being sought and will produce half as much revenue as being projected.

Due Diligence is one ofrepparttar 135469 U.S. Securities and Exchange Commission's solid recommendations torepparttar 135470 investing public. It's in your best interests to verify each and every fact in any business plan, BEFORE you risk your money. A concise business plan with specific data makes it easy to verifyrepparttar 135471 entrepreneur's claims.

Resumes

The Management Teams' education and work experience are important torepparttar 135472 potential success of your investment. Business plan education claims, beyond high school, should includerepparttar 135473 name ofrepparttar 135474 institution issuingrepparttar 135475 degree andrepparttar 135476 year in whichrepparttar 135477 degree was conferred. The Due Diligence questions arerepparttar 135478 following:

1. Isrepparttar 135479 institution accredited by a recognized accrediting organization and didrepparttar 135480 person receiverepparttar 135481 degree inrepparttar 135482 year stated. 2. Relevant work experience should listrepparttar 135483 employer,repparttar 135484 firm's address, a job description andrepparttar 135485 exact years thatrepparttar 135486 person worked for that company. You should verify that each of these companies exists by getting their phone number fromrepparttar 135487 phone company and then callingrepparttar 135488 Human Resources (formerly Personnel) Department and verifyingrepparttar 135489 work record ofrepparttar 135490 person. You can userepparttar 135491 Net to get Credit Histories and Court records for each person onrepparttar 135492 management team. 3. The company's balance sheet should tell you how much money each member ofrepparttar 135493 Management Team has at risk inrepparttar 135494 venture. Itrepparttar 135495 Management Team isn't at serious risk of loss,repparttar 135496 business plan usually fails.

Beatingrepparttar 135497 Odds

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