This is rare; however, in the booming market of the early 2000s, it happened more frequently than it had in the past. The time would come for the buyers to exercise the option. They would obtain a commitment for the necessary new mortgage and would open escrow. And then the seller would simply refuse to sign the deed over to them. read more »
So they decided to try a lease-option. Their rent would be $1,500 a month for three years. (That was $250 over market rate.) And the seller would credit them with $500 a month if and when they made the purchase. Over three years that would come to $18,000. read more »
What if instead of paying rent each month to a landlord, you could pay that same money each month toward the purchase of a home? You could live in the property and, within certain limits, fix it up just the way you like. And then, after a few years, it would be yours. read more »
All people like to be economical. Today we can see that the prices of everything always increase. When the price of fuel increases, the prices of goods and services also increase. The prices of fuel day by day increase and the fuel is the need that use almost every day. read more »
Although we have planned our businesses to run well, anticipated for the worst case, the cash flow might not run well due to late payment from our customers, unable to sell the products in the targeted time, etc. However, if those things happen, does your business need to stop in sudden? Of course no, you will have a bigger loss if you stop producing the products while you still need to pay the employee’s salaries. read more »
No matter how thoroughly you prepare your budget and how conscientious you are about keeping it up-to-date, unforeseen expenses may arise. Such expenses may arise because you decide to do things you had not planned to do, or they may arise because of circumstances completely out of your control. Whatever the case may be, some slack must be allowed for such items. A good rule of thumb is to allow at least 10% of your known expenses for unforeseen items. read more »
Credit card, who don’t have it? It provides us easiness in shopping; we don’t need to bring much money when we want to buy an expensive product. It also gives us reward points that can be used for shopping the next time. We can also buy products or services, use it, and pay it with 0% installment. But, the advantages of using credit cards don’t stop there. read more »