Essential Buyer’s Guide for Overseas Real Estate

Written by Rhiannon Williamson

It’s been said many a time that overseas real estate buyers leave their brain onrepparttar plane when they step out intorepparttar 151147 sun in their overseas destination of choice. They’ve already fallen in love withrepparttar 151148 country, its people, climate and lifestyle and they’ve come to snap up that dream home.

The trouble isrepparttar 151149 real estate agents in these popular destinations know that they have a captive buyer and sorepparttar 151150 buyer is inrepparttar 151151 ultimate vulnerable position! Add to thisrepparttar 151152 fact that legal and financial processes differ from country to country and many people don’t appreciate this fact and you have a real estate disaster waiting to happen!

So, here’srepparttar 151153 essential guide to buying overseas real estate to protectrepparttar 151154 unsuspecting buyer from unscrupulous sales techniques or falling foul of misunderstandings and misinterpretations.

1)Get yourself independent legal representation – do not takerepparttar 151155 recommendations ofrepparttar 151156 developer or sales agent you’re thinking of buying from, do your own research. Check out whether your country’s embassy in your overseas destination of choice has a list of lawyers they recommend. If not then get onrepparttar 151157 internet, find forums and sites dedicated to your country of choice and askrepparttar 151158 people on these sites for their recommendations.

2)Never assume anything! Purchase processes differ from country to country, legal processes differ from country to country and your rights as an overseas buyer differ from country to country. Find out from your lawyer what your rights are and howrepparttar 151159 entire process to purchase should proceed.

3)Have any financing you will require agreed in principal before you set out on your hunt for that dream home. That way you will have a fixed budget with which to work – do not be seduced by a salesman into extending that budget. He wants you to as he will make more commission but it will mean you put yourself in a potentially untenable financial situation.

4)Visit as many properties in your price range as you can in your time overseas. And before you even get on a plane to fly out contact as many real estate agents as you can find and insist they send you prospectuses of all properties within your price range across allrepparttar 151160 regions you’re interested in. With this information to hand sit down and go throughrepparttar 151161 properties carefully. Find out what your money will buy you atrepparttar 151162 bottom and top end ofrepparttar 151163 real estate spectrum so that you know what you will be viewing when you get to your destination. That way an unscrupulous agent will be unable to convince you that an overpriced property is anything other than a rip off.

How To Find The Right Professional To Value Your Business

Written by David Coffman

At some point most business owners will need to find out how much their business is worth. They will be faced withrepparttar task of finding someone to perform a business appraisal or valuation. In such unfamiliar territory owners often don’t know where to start.

Types of Business Valuation Professionals

They are a number of professions that offer business valuation services. In most areas there is no specific regulation of this profession. Business valuation services are not usually a primary source of revenue, so locating business valuation professionals can be difficult. Here are some types of professionals that commonly offer business valuation (BV) services.

1. CPAs – Many CPAs offer BV services in addition to their normal accounting, auditing, and tax work. CPAs often have a combination of business, accounting, finance, and tax knowledge that is well suited for valuing businesses.

2. Financial Consultants (non-CPA) – Financial consultants have varying levels of expertise so their backgrounds should be checked carefully.

3. Business Brokers – Brokers normally stick to valuingrepparttar 151146 businesses they have listed for sale. They tend to rely on ‘quick and dirty’ methods that work well for determining asking prices, and are not intended to be formal valuations.

4. Commercial Real Estate Brokers/Agents – Commercial real estate professionals sometimes value businesses they list for sale. They are good at appraising real estate, but typically lackrepparttar 151147 skills and experience to properly value intangible assets like goodwill.

No one type of BV professional is inherently better than another. Examine each professional’s qualifications carefully.

Business Valuation Credentials

There are four major organizations that offer business valuation certifications. Each certification has unique prerequisites and renewal provisions. They all require membership inrepparttar 151148 granting organization.

1. The American Institute of CPAs (AICPA) grantsrepparttar 151149 Accredited in Business Valuation (ABV) credential that requires being a CPA, passing an exam, and BV education and experience. Their online ABV directory can be accessed at

2. The American Society of Appraisers offersrepparttar 151150 Accredited Member (AM) and Accredited Senior Appraiser (ASA) designations that require passing exams, and BV education and experience. Their online member directory can be accessed at

3. The National Association of Certified Valuation Analysts (NACVA) offers several designations includingrepparttar 151151 Certified Valuation Analyst (CVA) that require passing an exam and BV education. Their online member directory can be accessed at

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