Aug 24
adminBest Solution Connotation, Intention, Upfront
Home sold strictly as is; owner will make no repairs; home inspection for informational purposes only… CLICK… If I am an investor, then there is more chance that I will look at these houses, because I am expecting to need to do work and I am prepared to handle the work, however, if I am an average home buyer, then I am not necessarily looking for a home which needs work. Now, I realize that “as is” does not by itself mean that a house needs work, but it has a strong connotation that is what is meant. Perhaps you have read some of these remarks about a property:
Everything is new; sold strictly as is;
Home Warranty; sold strictly as is;
Home is in good condition; owner is not capable of making repairs; sold strictly as is;
…
What does this statement mean: “home inspection for informational purposes only”? For whose information? The buyer’s, the seller’s, the agent’s, the bank’s, the appraiser’s, or…? When information exists, then it may need to be acted upon. The inspection results become known material facts that should be disclosed. Some agents will say that they do not want to know the results of an inspection, because they would need to disclose them. Too bad, you must disclose material facts that you know or should have known. When you are standing in front of the judge and he asks if a home inspection was done and you say yes and then he asks why you did not disclose what was in the report and you reply that you did not want to know what was in the report so you did not look at it, I don’t think he will look upon that response too favorably. So if a buyer has a home inspection done and he does not like what he sees, then can he get out of the contract? Of course, the answer to this is in the wording of the contract, but what is the intention of the agent when they put this statement in the listing? It is important to clarify this upfront so that the buyer does not get stuck with a house that’s “as is” condition is more than he can handle.
A home warranty does not cover prior damage, so this is not a legitimate excuse for selling a house “as is”. Certainly, this statement alone does not mean that any given condition was a problem prior to the home warranty, but it does not help.
The owner states in his gruff voice “there aint nothin wrong with this house, I fixed everthing myself; I aint makin no repairs”. Sheepishly the agent says “okay, I’ll list it ‘as is’ ” When home inspections are done on these houses, almost invariably something is found to be wrong, and perhaps surprising to the agent is that the owner will actually take care of it.
What do you mean that the owner is not capable of taking care of any repairs? If he is not a licensed contractor, then I probably do not want him to do the repairs anyway. Is it a question of money? Usually a contractor can be found who will accept payment at settlement if it is not too far away.
If you want to sell a house then use statements and remarks that will entice potential buyers to want to look at the house, rather than comments which will discourage them.
May 25
adminAuto Loan Auto Finance, Budget, Capital One, Car Loan, Car Loans, Credit Report, Dotted Line, Email, Finance Section, Hassles, Hype, Interest Rate, Interest Rates, Loan Company, Loan Officer, Loan Payments, Online Loans, Quotes, Roadloans, Upfront
Today, the newest trend in finding a car loan is online. With the aid of the internet, you can find several companies offering car loans such as eloan, roadloans, and even Yahoo now has an auto finance section where you can compare Capital One Finance and Cars Direct.
The very first thing you should know when you begin your search online for a new or used car loan is that you are going to see interest rate or APR tables such as these on every website you visit.
Of course, these tables look very inviting and you are more than ready to sign the dotted line and receive your online car loan. However, it is not that simple. Those figures are normally for individuals with great credit. So, do not be fooled when you are looking for a car loan online or offline. Your credit has everything to do with what interest rate you will have to pay for your new or used car.
As long as you know this upfront, you will be prepared and enjoy shopping online for a car loan since you leave behind many of the hassles of applying for a car loan in personal.
One of the best reasons to search online for car loans is that you can apply online and not visit each dealership or loan company in person and have to sit there until they gather the information to give you a quote. Many times this can take hours, while online you can receive a quote within minutes delivered directly to your email. You do not have to talk with a loan officer, listen to their hype, and feel pressured to get a loan through them. You can receive several different quotes from more than one online car loan company and be able to decide which one fits better with your budget.
There are many websites online, which can help you, decide how much you can spend on a car, determine the value of the car you desire, and help you understand the credit process and how to receive your own credit report.
You will be able to compare the various interest rates the companies offer, use a personalized chart to determine your monthly loan payments and then fill out an online loan application on the exact website.
The majority of the time, the application you fill out online is similar to the one you have to fill out in person, since car loan companies need the same information in order to see if you qualify for a car loan. In most cases, you will be notified through your personal email and in a few cases over the telephone.
Once you are approved for a car loan online, you will receive a check draft in the mail to be used at the dealership to purchase your new or used car.
Remember, the most important thing is to shop around and compare. Do not believe that you will get the best interest rate unless you know that your credit score is excellent.
Beware of websites that do not offer a real address. Just because you find a company online that offers car loans does not mean that they are real. Do your homework unless you are using a major name such as the ones listed above. If you plan to search for a better deal and are willing to search through thousands of websites, look for permanent addresses and telephone numbers. There are scams out there that will offer you a loan but tell you that you must put money upfront in order for them to give you a loan. Never, send money to receive a loan no matter how good the offer sounds!
Check with the better business bureau, call the telephone number, and call information in the city and state where the company states they reside and ask for the telephone number and address to the loan company. All of these are just precautions that will ensure you are not being scammed and will receive a car loan.
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