The British nation state has survived; yet it remains on life support http://t.co/vHMB11J5El #ScotlandDecides pic.twitter.com/9Hpw9ywuE6
— The Economist (@TheEconomist) September 19, 2014
19 September 2014
#ScotlandDecides - The Vote is 'NO'
Scotland voted and decided against separating from the United Kingdom. I'm so excited, I'm beside myself. This isn't even my country but I feel like celebrating a victory. It's a great day for Democracy! Power to the People! ALE! :)
17 September 2014
My Favorite Power Quote 8
Another gem shared by Bryan Long via Google
Plus. Followed to its original
source and adding to my collection of Favorite Power Quotes. This
Makes Number 8.
Co-Ownership News Lines: Excuses, Exceptions, Excellence!
- Power Quote 1
- Power Quote 2
- Power Quote 3
- Power Quote 4
- Power Quote 5
- Power Quote 6
- Power Quote 7
- Power Quote 8
- Power Quote 9
16 September 2014
Goodwill Ambassadors of the World: What Do They Do? (Reblog)
Thank you for visiting. We apologize for the inconvenience. This content has been transferred to our Joie de Vivre Magazine blog. Patience please. Just one more click.
31 August 2014
New Women’s Small Business Ownership Act Will Increase Opportunities for Women-Owned Businesses
Sharing a link from The Online Guide To Women Grants, Scholarships, and More! This is an incredible resource. Every woman should bookmark it for repeated future referencing.
Click here.
Click here.
28 August 2014
Get Firsthand Business Feedback | Google Helps You Manage Your Business (Reblog)
Get your business verified and then see and respond to reviews by Google users.
 |
| English: A business ideally is continually seeking feedback from customers: are the products helpful? are their needs being met? Constructive criticism helps marketers adjust offerings to meet customer needs. Source of diagram: here (see public domain declaration at top). Questions: write me at my Wikipedia talk page (Photo credit: Wikipedia) |
Megha Saraf - Makeup and Beauty Treasure: Latest Trends I am loving August 2014 (Reblog)
Megha Saraf wants us to "Stay pretty!"
Her blog has a new feature. She has decided to share the ‘Latest Trends' in fashion and makeup that she is loving! Makeup and Beauty Treasure: Latest Trends I am loving August 2014
Her blog has a new feature. She has decided to share the ‘Latest Trends' in fashion and makeup that she is loving! Makeup and Beauty Treasure: Latest Trends I am loving August 2014
12 August 2014
Get Your Site Listed as a Secure Site in Google Chrome's HTTPS Only List
Some of my kids seem to think my “tone”
when making comments can be taken as abrasive or offensive. MOI? No
big deal. Most of the time my kids get ignored by me because they
don't know what they're talking about. They may not realize this, but before they were ever born, I HAD A LIFE!!!
Anyway, not really being all that tech
savvy, this blog post serves as a Thank You note to two gentlemen who
overlooked my "tone" and actually reviewed my comments; then took time to respond and explain to me the Big Picture
more perfectly. They clearly display the mark of true
professionals. Joshua Berg (Texas USA) and Frank Gainsford (South
Africa). Just wanted to give them both a shout out!! They clarified matters and made things very plain.
Thanks to information shared via a Google Plus stream, attention has been focused on the future of Internet security and what the plans are for everyone to be able to conduct personal or professional business in a secure and safe environment. Embedded post below but here is the direct link: https://plus.google.com/+JoshuaBerg/posts/YrdsMzYzotr)
09 August 2014
My Favorite Power Quote 7
ability motivation attitude tee shirt by MotivationalSayings
Create unique custom made t shirts at zazzle.com.
ability motivation attitude 2 inch round button by MotivationalSayings
Find other Ability Buttons at zazzle.com
08 August 2014
How to Prevent your Blogger Blog from Redirecting to Country Domains
How to Prevent your Blogger Blog from Redirecting to Country Domains
30 July 2014
Cheesecake ... UM? Heaven? Delight? Joy? Who Cares? It's Cheesecake!!!
Thanks for visiting. This content has a new home. Click here.
23 July 2014
A Plan to Tailor a Seller-Finance Note for Resale
When property sellers need to receive as much cash as possible immediately for the down payment on their next house, it is critical to anticipate this need in order to use seller financing to their advantage.
Getting top dollar for a note
In a typical seller-financed closing, the seller only receives cash from the down payment at the time of sale. This amount could be used to pay the real estate agent and put the remainder toward their own down payment on another house, but in many cases, the amount received is not enough. In addition, sellers who use private financing to close the sale will not get the full amount financed when the note is sold.
Most sellers need as much money as possible when they "cash out" their newly created note, so their objective is to sell the note at the lowest discount possible. And to do this, they will need to create a secured cash flow that is attractive to note buyers.
Note pricing factors
The size of the discount - i.e., the difference between the purchase price and the remaining balance - depends largely on factors such as the specifics about the payer, the property/price, and the note terms. If the note is created without these important criteria in mind, the seller may have a difficult time finding a buyer to pay the amount that the homeowner needs.
The Payer
Clearly, there isn't much the seller can do about the "quality" of the payer because most people interested in accepting seller financing are higher-risk borrowers. Still, if there is more than one party interested in buying their property, sellers offering financing can still discriminate based on credit history or the amount of the down payment offered.
The Property/Price
Similarly, the seller can't change the basic facts about their property - where it's located, the type of structure, or its age or condition. But, the seller can control the price they set for their property.
Most sellers have a specific amount in mind that they need to get out of a sale. In traditional real estate sales, getting that money usually is determined by the property's price. But with seller financing, there is another step that is taken before the seller ends up with the total amount of money they were looking for - the note must be sold.
Since private notes are typically sold at a discount, the seller must set their price higher than the amount they were looking for to compensate for the drop that will come with the buyer's offer. By setting the price slightly higher than market value, the seller can create a note that sells with a minimal discount. Individuals that don't qualify for conventional funding are motivated to buy real estate, even if the price is somewhat higher than market value.
Increasing the sales price and the implied value of the property will not actually affect the buyer's discount, but the adjustment could lead to more money in the seller's pocket.
A higher sale price means a note with a larger unpaid balance, which could still bring the seller the desired net amount after discounting. Keep in mind that higher sale prices can also lead to larger down payments (as a set percentage of the price), resulting in more money in the seller's pocket.
The Note Terms
The most important thing for sellers to do is to structure their note so that the buyers won’t be forced to incorporate a deep discount into their offers. From the buyer’s point of view, higher interest rates and shorter terms are preferred. The actual offer made is based on the yield the buyer is looking for; in general, higher yields are associated with riskier notes. The discount is directly related to the difference between the interest rate on the note and the buyer’s desired yield.
While sellers can’t know exactly what a buyer’s required yield will be, the seller can certainly create a note that could minimize the expected discount. Generally, buyers will want to receive a yield anywhere between 12% and 20% on a note. While yield parameters will fluctuate with the market, a 10% yield is typically the lowest they will accept for new notes.
A Note Creation Example
Because buyers usually want to earn a yield above 12%, creating a note with an interest rate under 10% would automatically mean a steep discount when the note is sold.
For example, creating a cash flow with a 3% interest rate doesn’t make any sense if the seller needs to get top dollar for their note, because there is already a seven-point difference between the interest rate and the buyer's desired yield. In addition, most buyers will create a gap in their favor by yielding at least one point more than the interest rate.
Sellers can also avoid unnecessary discounts by reducing the terms of their notes. Another part of a buyer's discount is based on the time-value of money principle, meaning that notes that take longer to be paid off will usually be discounted accordingly. An ideal term for a private secured note is between five to ten years (60 to 120 months).
Conversely, it isn't a good idea to shorten the term down to two years or less because a foreclosure situation will be created - the monthly payment will likely be too steep for the payer to keep up with for long.
By keeping the eventual note buyer's criteria in mind when creating a private note, property sellers can ensure that their real estate note deal works out the best for them and that they net the highest amount possible when a cash settlement is reached.
********
**********
RELEVANT NOTES:
Getting top dollar for a note
In a typical seller-financed closing, the seller only receives cash from the down payment at the time of sale. This amount could be used to pay the real estate agent and put the remainder toward their own down payment on another house, but in many cases, the amount received is not enough. In addition, sellers who use private financing to close the sale will not get the full amount financed when the note is sold.
Most sellers need as much money as possible when they "cash out" their newly created note, so their objective is to sell the note at the lowest discount possible. And to do this, they will need to create a secured cash flow that is attractive to note buyers.
Note pricing factors
The size of the discount - i.e., the difference between the purchase price and the remaining balance - depends largely on factors such as the specifics about the payer, the property/price, and the note terms. If the note is created without these important criteria in mind, the seller may have a difficult time finding a buyer to pay the amount that the homeowner needs.
The Payer
Clearly, there isn't much the seller can do about the "quality" of the payer because most people interested in accepting seller financing are higher-risk borrowers. Still, if there is more than one party interested in buying their property, sellers offering financing can still discriminate based on credit history or the amount of the down payment offered.
The Property/Price
Similarly, the seller can't change the basic facts about their property - where it's located, the type of structure, or its age or condition. But, the seller can control the price they set for their property.
Most sellers have a specific amount in mind that they need to get out of a sale. In traditional real estate sales, getting that money usually is determined by the property's price. But with seller financing, there is another step that is taken before the seller ends up with the total amount of money they were looking for - the note must be sold.
Since private notes are typically sold at a discount, the seller must set their price higher than the amount they were looking for to compensate for the drop that will come with the buyer's offer. By setting the price slightly higher than market value, the seller can create a note that sells with a minimal discount. Individuals that don't qualify for conventional funding are motivated to buy real estate, even if the price is somewhat higher than market value.
Increasing the sales price and the implied value of the property will not actually affect the buyer's discount, but the adjustment could lead to more money in the seller's pocket.
A higher sale price means a note with a larger unpaid balance, which could still bring the seller the desired net amount after discounting. Keep in mind that higher sale prices can also lead to larger down payments (as a set percentage of the price), resulting in more money in the seller's pocket.
The Note Terms
The most important thing for sellers to do is to structure their note so that the buyers won’t be forced to incorporate a deep discount into their offers. From the buyer’s point of view, higher interest rates and shorter terms are preferred. The actual offer made is based on the yield the buyer is looking for; in general, higher yields are associated with riskier notes. The discount is directly related to the difference between the interest rate on the note and the buyer’s desired yield.
While sellers can’t know exactly what a buyer’s required yield will be, the seller can certainly create a note that could minimize the expected discount. Generally, buyers will want to receive a yield anywhere between 12% and 20% on a note. While yield parameters will fluctuate with the market, a 10% yield is typically the lowest they will accept for new notes.
A Note Creation Example
Because buyers usually want to earn a yield above 12%, creating a note with an interest rate under 10% would automatically mean a steep discount when the note is sold.
For example, creating a cash flow with a 3% interest rate doesn’t make any sense if the seller needs to get top dollar for their note, because there is already a seven-point difference between the interest rate and the buyer's desired yield. In addition, most buyers will create a gap in their favor by yielding at least one point more than the interest rate.
Sellers can also avoid unnecessary discounts by reducing the terms of their notes. Another part of a buyer's discount is based on the time-value of money principle, meaning that notes that take longer to be paid off will usually be discounted accordingly. An ideal term for a private secured note is between five to ten years (60 to 120 months).
Conversely, it isn't a good idea to shorten the term down to two years or less because a foreclosure situation will be created - the monthly payment will likely be too steep for the payer to keep up with for long.
By keeping the eventual note buyer's criteria in mind when creating a private note, property sellers can ensure that their real estate note deal works out the best for them and that they net the highest amount possible when a cash settlement is reached.
********
Article first published under the title: “Strategies for Strong Resale”********
Used by permission from the library of Russ Dalbey: Winning in the Cash Flow Business
Originally Posted on May 13, 2013 at 3:25 PM - Cinex Notes Services CNS Blog was discontinued; eff date June 11, 2014. |
**********
RELEVANT NOTES:
- One of the web domains formally used by Dalbey was http://www.notenetwork.com/.
- Colorado, FTC Secure $330 Million Settlement Against Infomercial Celebrities | State AGs in the News By Bernard Nash , Divonne Smoyer , Andrew G. P. Abraham , and Alison K. Gary on August 8th, 2013
22 July 2014
My Favorite Power Quote 6
Found on a Facebook Community page: Dads on Duty
This photo made me think of my husband who always motivated me by his care and concern for our children. His example gave me power!
- My Favorite Power Quote 5 | My Blog Stop!
- My Favorite Power Quote 4 | My Blog Stop!
- My Favorite Power Quote 3 | Express Yourself!
- My Favorite Power Quote 2 | Dispensable Thoughts
- My Favorite Power Quote 1 | Dispensable Thoughts
21 July 2014
God Bless America | Looking Ahead to 2016 (historical marker)
Does the government create jobs or does the private create sector create jobs? Uuhh … BOTH!
I thought this was a dumb question. It was being tossed around when Romney was running for President against Obama. Yes Romney lost and Obama was reelected. But in two more years someone will be replacing Obama. Questions about jobs and job creation will be on the table, as long as the economy sucks; so I’m tossing in my two cents for posterity.
-A little background: Romney (or his peeps) were arguing that his work experience at Bain Capital proved that he could create jobs, get people working, and boost the economy. (As I recall. The memory fades fast.) The political opponents said: He didn’t create jobs; he put folks out of work, and sent the jobs and the money out of the country!!
So was working for Bain capital a disqualifier for being POTUS?
My answer? NO!
It’s a work experience where valuable KSAs (knowledge,skills and abilities) were acquired that can be adapted to suit the tasks at hand! Mr. Romney’s stand regarding his work experience providing him with the necessary competency was valid and made sense.
So the question really was or should have been:
- Could he adapt those KSAs and utilize them to be the leader of this country and a leader on the world stage? Yes or NO?
This is America. If a POTUS screws up, we kick them out. FACT IS: Sometimes they mess up stuff, don’t get kicked out, and leave US with the mess! Somehow we survive and carry on.
* I am an American with freedom of speech. These comments are being left behind as a MARKER.
I don’t know who will be our new fearless leader in 2016. But she better be better than the guys who went in before her.
( http://www.politics1.com/p2016.htm )
Image credit: The White House, Washington, D C, USA (Public Domain)
***
Original Post Feb 13, 2014 at TreasurePen.com
I thought this was a dumb question. It was being tossed around when Romney was running for President against Obama. Yes Romney lost and Obama was reelected. But in two more years someone will be replacing Obama. Questions about jobs and job creation will be on the table, as long as the economy sucks; so I’m tossing in my two cents for posterity.
- FACT IS: The Mafia creates jobs! As do terrorist organizations and a whole bunch of other entities.
- FACT IS: Self-sufficient self-motivated individuals figure out ways to work and create jobs for themselves; because they ain’t got time for all this brew ha-ha. They got bills to pay!
- FACT IS: It’s a bunch of people who are unemployed and most of them want to work AN HONEST JOB!! Whether it’s for the government or at a private business? THEY DON’T CARE!!!
-A little background: Romney (or his peeps) were arguing that his work experience at Bain Capital proved that he could create jobs, get people working, and boost the economy. (As I recall. The memory fades fast.) The political opponents said: He didn’t create jobs; he put folks out of work, and sent the jobs and the money out of the country!!
So was working for Bain capital a disqualifier for being POTUS?
My answer? NO!
It’s a work experience where valuable KSAs (knowledge,skills and abilities) were acquired that can be adapted to suit the tasks at hand! Mr. Romney’s stand regarding his work experience providing him with the necessary competency was valid and made sense.
So the question really was or should have been:
- Could he adapt those KSAs and utilize them to be the leader of this country and a leader on the world stage? Yes or NO?
This is America. If a POTUS screws up, we kick them out. FACT IS: Sometimes they mess up stuff, don’t get kicked out, and leave US with the mess! Somehow we survive and carry on.
* I am an American with freedom of speech. These comments are being left behind as a MARKER.
I don’t know who will be our new fearless leader in 2016. But she better be better than the guys who went in before her.
( http://www.politics1.com/p2016.htm )
Image credit: The White House, Washington, D C, USA (Public Domain)
***
Original Post Feb 13, 2014 at TreasurePen.com
Monetise Your Articles, Posts and
Short Messages.
17 July 2014
Cute Food is Edible Art
Sharing a link from one of my other home business blogs.
* * *
Sushezi Sushi Made Easy
***
Edible Art Of Kawaii Cooking
EES shares recipes, cooking tips and all things foodie!
* * *
Sushezi Sushi Made Easy
***
14 July 2014
Recipes | Desserts | Pineapple Stuffing
Thank you for visiting, This content had been migrated to my foodie blog. Apologies for the inconvenience. Just one more click. Thanks for your patience.
05 July 2014
Free Images | BufferApp.com
Most of the time I use Pixabay and Wikimedia Commons. Good to know there are several choices.
02 July 2014
10 Things You Need to Know About the FIFA World Cup 2014 | ironytech.blogspot.in
10 Things You Need to Know About the FIFA World Cup 2014 | ironytech.blogspot.in
Ah yes! I can see it now. There I am on the Jeopardy game. The category is 2014 FIFA World Cup. I'm gonna get all the questions right!! Thanks CK16. :)
Paul the Octopus is to Cabeção The
Turtle
AS
Shakira is to Pit Bull.
21 June 2014
True Cost of Funding Your Education via Student Loans (Guest Post)
As the economic landscape at the moment promotes small business growth, many newly graduated business students are finding that sometimes to really get your career going you need to branch out on your own. However, just as investing in your own company can be risky going to school to get a degree in business can be risky as well. With colleges increasing their tuition every year it can be difficult for students to be able to fund their education on just grants or scholarships alone. Many students take on a part-time job while in school but many find it difficult to balance both school and work successfully. Thus more and more students are looking to student loans to help fund their education. In 2012, the average college graduate had about $26,000 in student loan debt and that is just the number for those that pursued a Bachelor’s Degree.
Furthering your education can be a costly investment but it can also reap in many benefits as more and more companies require applicants to at least have a Bachelor’s degree. College graduates also still earn significantly more than those without a degree. Although there are many benefits to a college degree, students should also look at what they might face after graduation, large amounts of student loans.
The infographic below by Consolidated Credit tracks the history of student loan debt in the last 60 years and gives you a little more insight into what a college degree can really cost you.
Consolidated Credit Counseling Services, Inc. is a nationally recognized and certified credit counseling agency. We offer credit counseling, debt management services, and personal finance education.
- Guest Blog Post submitted by Maxine Wells, freelance writer who publishes material on a wide range of topics, such as women in business, and credit and finance. maxinetwells.jux.com
19 June 2014
cmoneyspinner1tf on HubPages | Happy Anniversary to Me!
Received a note of congrats from the HUBPages Editor.
Would you be interested in writing for HUBPages.com?
“You have hit a pretty impressive milestone
—your 1 Year Anniversary on Hubpages!
—your 1 Year Anniversary on Hubpages!
Well! That Hallelujah chorus just went off in my head again!! :)
Anniversary graphics @ cuddlycomments.com
Anniversary graphics @ cuddlycomments.com
This one is not my favorite HUB. It’s the HUB with my favorite title.
In my opinion, what really makes this HUB so cool is the image of Samson and Delilah.
The winner and still champion, i.e. my favorite HUB.
To view all of my HUBPages, visit cmoneyspinner1tf on HubPages
Would you be interested in writing for HUBPages.com?
11 June 2014
10 June 2014
MARS Social - Network for Artists and Authors
So then after Facebook was invented, other folks decided that there was no law against there being more than one network. Especially when the networks truly connect like-minded people. Voila! MARS Social, a network for authors and artists. Being neither an artist nor an author myself, but having authors and artists as friends (some of whom read my blogs), thought it only right to mention this community because it has fascinating content - news, visual arts, human interest, groups, a Red Pages directory of its members and more! That's MARS for Media Arts Review Social. Create a FREE account.
OR ... You could join that other MARS network. They aim to have the first human colony on the Red Planet by the year 2025. But it's not free to become one of "them". :)
Rocket to Mars
Allposters.com
OR ... You could join that other MARS network. They aim to have the first human colony on the Red Planet by the year 2025. But it's not free to become one of "them". :)
Rocket to Mars
Allposters.com
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