I would like to take a minute and teach you what you have always wanted to know but were too afraid to ask about self-directed IRAs and prohibited transactions! A prohibited transaction is one that involves a transaction between a disqualified person and an IRA (including Traditional, Roth, SIMPLE, SEP and Coverdell ESA plans). I [...]
Entries from February 2010
Self-Directed IRAs: What You Must Know to Be Successful!
Feb. 5th, 2010
4 Reasons Why Your Real Estate Offer May be Rejected
Feb. 5th, 2010
Are you getting ready to make an offer on the home of your dreams? If so, it is important to keep in mind that your first offer may not be accepted by the seller. While this is certainly disappointing, this doesn’t necessarily mean that all hope is lost. At the same time, by carefully creating [...]
Self-Directed IRAs Have Responsibilities? You Bet They Do!
Feb. 5th, 2010
I want to share with you the basic responsibilities as one who plans on setting up a self-directed IRA. Understanding these basic facts will make tax time and investing much easier with your self-directed IRA. If you are using someone who will manage your self-directed IRA, these points will be very helpful. Fair Market Value: [...]
5 Questions to Ask When Searching for the Right Real Estate Agent
Feb. 4th, 2010
Are you planning to hire a real estate agent to help you sell your home? If so, you will quickly find that there are several different agents available for you to select from. As a result, it is easy to feel overwhelmed by your options. By asking a few key questions, however, you will be [...]
Foreclosures Are Up, but Guess What? So are Investments!
Feb. 4th, 2010
In the current economy, foreclosures are up, but so are Investments! Investment strategies have shifted and more and more people are focused on diversification than ever. Diversification is defined as spreading, or diversifying, a person’s investments across several different ‘investment vehicles’ such as stocks, bonds, Real Estate, gold, business ventures, and other profitable interests. That [...]
Strategies for Negotiating the Purchase of Your Home
Feb. 4th, 2010
Are you trying to negotiate a better deal on your perfect home? If so, there are several strategies that you can implement that will give you a better chance of getting the seller to agree to the sell the home to you at a price you can afford. Here is a look at a couple [...]
Searching for the Perfect Home
Feb. 4th, 2010
Even if you are working with a real estate agent to help you find your perfect home, you will more than likely continue to conduct your own searches as well. After all, it is only human nature to wonder if there might be a great house out there that your agent has overlooked. When browsing [...]
Take Advantage Of Great Mortgage Rates
Feb. 4th, 2010
Now may be one of the best times to purchase a new home. It seems as though the interest rates are finally beginning to stabilize and continue to go down. The banking industry seems to be on an up swing and as we begin to see more new home construction as well as more people [...]
4 Tips for Working with Your Real Estate Agent
Feb. 4th, 2010
Just as your real estate agent should be expected to be courteous, respectful and professional with you, there are few things you should do on your end in order to ensure you enjoy a positive working relationship with the agent you have selected. After all, the better the two of you get along, the more [...]
Exploring Alternative Mortgage Loan Options
Feb. 4th, 2010
Many people don’t realize it, but there are actually several options available to those who are looking for a mortgage lender. Aside from the traditional mortgage brokers and commercial banks, here is a look at a couple of the less traditional options available. Private Individual The simple reality is that anyone who has enough money [...]