Tuesday, January 17, 2006

Top Ten Ways to Get Sued - Guaranteed!

Bill Bronchick - Top Ten Ways to Get Sued - Guaranteed!: "Over 80 million lawsuits are filed every year in the United States. If you are in business, you should be thinking about the risks involved. The following are some of the most common pitfalls that lead to liability and lawsuits for small business owners and how to avoid them.


Pitfall #1: Doing Business as a Sole Proprietor

Most people who go into business do so as a 'sole proprietor.' This means that they are doing business as an individual or a 'd.b.a.' (doing business as). This scenario offers absolutely no asset protection, not to mention poor tax benefits. If the business is sued, all of the personal assets of the individual are at risk. For less than $100 in most states, you can form a corporation to do your business or trade. If properly maintained, a corporation will shield your personal assets if the business is sued or goes bankrupt"
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Buying at the Foreclosure Auction

Bill Bronchick - Buying at the Foreclosure Auction: "Perhaps the most well-known method of obtaining foreclosure properties is buying them at the auction. The foreclosure auction is a live bidding process, just as you may have imagined. The auction is typically conducted at a public place, such as a courthouse. In some states, the county Sheriff or his deputy will conduct the sale. In other states, a referee appointed by the court will conduct the sale. Although the process is slightly different from state to state, the basic idea is the same � the property goes to the high bidder. The first bid will usually be made by a representative of the foreclosing lender. The lender can bid up the amount that is owed to him, without actually tendering money."
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

The Basics of Real Estate Investing

ArticleCity.com - The Basics of Real Estate Investing: "Real estate investing may not be everyone�s cup of tea, but some people who have already tried investing in real estate know that it can be highly profitable and lead to much better quality of life. There are several keys to making significant profits in real estate investing deals. And when the deals are profitable, you will certainly be well on your way to success.
For real estate investing newbies, don�t be afraid of the challenges and pitfalls you may encounter along the way. There is definitely a lot to learn, but in the long run after you have gained some experience, you�ll hopefully become a master at closing profitable real estate deals. "
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Homeowners Insurance: Lessons from Katrina and other gulf storms.

ArticleCity.com - Homeowners Insurance: Lessons from Katrina and other gulf storms.: "Homeowners Insurance is supposed to protect us in case of disasters. That is what we have come to expect from our homeowners insurance over the years. But what if the disaster is the costliest in U.S. History? What if your insurance agent�s home and office were destroyed in the disaster also? "
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

20 Great Questions Every Home Buyer Should Ask

Bob Bruss Real Estate Center: "If you are a complete novice home buyer, '20 Questions to Ask Before Buying a Home,' by Connie and Ronald Price, is a good place to start learning the basic home purchase fundamentals. The best parts of the book are the 20 key questions. While some of the answers are superb, other answers are vague generalities.
The authors, one of whom is a real estate agent and the other is a professional writer, seem to have intended to write a bland book filled with generalities and very little specific advice. Real-life examples would have greatly improved the book."
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Easy home buy turns risky

Charlotte Observer | 01/17/2006 | Easy home buy turns risky: "Have you considered buying a home?' a stranger asked.Cassandra Boone had considered it plenty of times. She had hoped for a house, prayed for a house. But it had never seemed possible. At 44, she and her teenage daughter lived on Social Security survivors benefits and her $8.50-an-hour pay as a cashier at a party supply store.But that day in August 2001, Boone chatted with a customer she'd never met, a woman who was a real estate broker.She invited Boone to a seminar: Buy a home with little or no money down. Free food, games and prizes."
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Buying Isn't for Everyone: Most Foreclosures Happen at the Intersection of Inexpensive Homes and Easy Money

blackenterprise.com: "Some people shouldn't buy homes, even if they can qualify for a loan.

That's a new warning from a growing number of advocates generally devoted to increasing home ownership among lower-income families in Charlotte and nationwide.

They say people who bought homes under the loosened lending standards of the last decade often agreed to terms that significantly reduced the benefits of home ownership.

Low down payments meant less home equity. High interest rates meant less chance to build equity. And with prices flat or falling in many lower-priced Mecklenburg neighborhoods, some owners tied up their income in property they may not be able to sell soon -- at least not for a profit. "
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Foreclosures in neighborhood take a toll on everyone

Charlotte Observer | 01/17/2006 | Foreclosures in neighborhood take a toll on everyone: "Helen Gilmore didn't worry much about houses foreclosing around her in the Hamilton Oaks neighborhood.She felt sympathy for the owners. But she didn't think the foreclosures would affect her.She bought her new, $109,000 house in 2001. It seemed affordable and she liked the floor plan.Gilmore, who works for a lending company, had asked for a fixed-interest loan. But she says she was told she qualified for an adjustable one that started at 9 percent. Monthly payments would be $744 and would likely rise"
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.