OK, so you’re standing in line in the supermarket, or you’re in an elevator, or you’re at a party, or you’re in a networking group. Sooner or later, someone is going to say to you, “So what do you do?”. This is what you want, free publicity so to speak. However, how you handle this question could determine whether this person becomes a prospective client, a prospective referral source or just walks away.
Does this mean you might have to weed out the reality from the nonsense? Of course it does. You may get calls from people offering you motor homes and motorboats and other Real Estate Brokers. You just have to be up front with them. You need to let them know you are willing to take their house in on a trade. But you will have to be extremely careful. You will not be able to give one hundred percent of the value of the equity if you take the home on the trade. It is just not probable (or possible for that matter). Realistically, you will end up probably giving only half of their equity as credit.
My design is a little more formal; probably because I was commonly used by nobles in the 1600’s. I have a steep, high roof line, and often arched doorways with porch balustrades.
If you sell your residence, the first $250,000 is exempt from gain or $500,000 if you are married. Remember, this requires that the residence was used as such for two of the last five years.
Brokers will usually walk you through application process. As questions arise , brokers seek out the answers for you. An experienced and well educated broker will be able to package a transaction for a factor saving the factor hours of legwork. The role of the broker is to expedite the factoring process for you and for factoring companies by acting as the middleman. When done right you can really come out ahead in terms of saving time and avoiding stress when using a factoring broker.
11. Now, the loan is transferred to the seller’s account through your solicitor, you will receive a transfer of deeds, the land registry certificate, and keys to the property.
I originated in the 1880’s and remained popular until the Great Depression. My roof is a low pitch and my entry may sport a small covered porch. I am fairly plain compared to my Victorian counterpart and was even available as a kit from the Sears and Roebuck catalog.