Situations Where You Might Benefit From a Quick Sale Or Rent Back Deal
If the time arises in your life when you are getting divorced, it can be a very stressful time. You would have to sell your home to split the proceeds and begin again. Selling your home could take some time and if you want to move on with your life this can add to the stress. A better solution could be to make a quick sale then split the proceeds of the sale down the middle and move on. A company offering a sell and rent back will also offer a quick sale and this should be looked into. It can work out great if one partner wants to remain in the home. Sell the home quick, split the proceeds and then rent it back with a view to buying back in the future.
You may be emigrating or relocating due to work and this means you could sell your house quickly and you would also have cash in your hand. Along with this you would have peace of mind that you sold your home well before you leave. If want to take this option and your departure date is not due then you can still sell quick and remain until it is time to leave.
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Want to Secure Your Financial Future? Buy Houses in a Down Market
So I’m sure everyone is fully aware of what is going on in the media right now, and yes, obviously things are a bit messy. The problem with this is that sometimes you have look at the smaller picture. I am being completely honest when I tell you that everything going on in the financial industries has not affected me or my business in the slightest bit.
If you have watched the news lately you may be thinking that I am crazy. Here me out for a second. As I am typing this on a nice October afternoon, the only thing falling around me and in my backyard are leaves (and they are harmless, for the most part. Other than having to pick them up.) Many companies that operate on a corporate and national level are highly concerned right now with the state of our economy. Being a small operation involving buying and selling real estate, my business is prospering. In fact, this is one of my best years to date ever.
Homeowners fail at giving away unsold property
Contests draw too few to award prize
By J.W. ELPHINSTONE
THE ASSOCIATED PRESS
NEW YORK — It seems home sellers practically can’t give away their homes these days.
Two essay contests, one in Colorado and one in Oregon, both failed to attract enough entrants — and, more importantly, contest fees — to come up with the price of the homes that owners had planned to give to a winner, leaving sponsors in the lurch with a property they haven’t been able to sell.
The deadline passed this week for J.J. Rodgers and her husband Wes Ludlow, who had planned to give away their second home in Red Feather Lakes, Colo., to a home essay contest winner.
The couple started the contest in January after their two-story home sat on the sales block for three straight summers.
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Cutting Home Insurance Costs in a Bad Economy
Your home insurance costs may not come to mind when you are trying to save money, especially if your premium is part of your monthly payment. But in today’s economic environment, your insurance costs should be one of the many expenses that you review. Why? Because there is the possibility that you can cut those costs without sacrificing protection.
Here are some questions to ask yourself about your current homeowners insurance policy:
Are colleges the next bubble to burst?
In June, 157-year-old Antioch College decided to “suspend operations” at its flagship campus despite a push from alumni to rescue the flailing institution. At that point, only 60 students were enrolled, and their $40,000 per year tuition was being heavily subsidized by Antioch’s five newer campuses.
Antioch Chancellor Toni Murdock said the plug had to be pulled. “It was a downward spiral where fewer students led to fewer professors, and eventually the deficit was projected to be so large that the other schools no longer wanted to subsidize their mother school.”
They may soon have company. Home builders and banks aren’t the only ones facing economic headwinds these days. America’s undercapitalized independent colleges are staring at a spiral of major threats to solvency as penny-pinching students and parents consider cheaper options, and funding sources dry up. As a result, they could be the next bubble industry to pop.
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