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Private Party Real Estate Financing is an OptionCreating a valuable financial assetThis article explains an alternate way to finance the purchase of real estate, and a way to creation a financial asset that can provide monthly income at a rate above traditional rates available in today’s market. Our discussion is about private party promissory notes used to finance the purchase of real estate. This alternative type of finance has several names-”private party financing”, “seller financing” and “owner-carry financing”.You can create this investment (financial asset) by selling a property and not having the buyer borrow from a bank; you can become the bank and earn the interest. Or, you can buy an existing note from a private party who did the financing: you can become the lender, and earn the interest yourself. Mortgage notes (bank notes or private promissory notes) are a major component of every real estate transaction. If you creation or own the note that puts you in financial control of the transaction. At a later date you have the option of selling the note if the need for cash arises, or keeping it for monthly income.Maximizing the value of the noteLike any item made or constructed, the note’s value to you, and to others if sold, depends on how well it is constructed. A poorly constructed note, like a poorly constructed house, is not a very desirable asset. There are several important factors that will enhance value if done correctly, or significantly detract from value if done poorly. The cash you get from your note if you hold it, and how much cash you get for your note if you sell it, depends on these factors:BorrowerThe most important consideration when originating or purchasing a note is the quality of the borrower. Two elements determine the quality of the borrower, (1) having the financial capability to keep the payment promise, and (2) having the right attitude toward the importance of the promise. If the borrower does not have the ability to keep the promise to repay, the value of the note is diminished, regardless of having a positive attitude; and, if the borrower has the financial capability to pay, but does not have the right attitude toward making the payments, the note’s value is diminished. Get a credit report on the buyer. Make sure the buyer doesn’t have a history of late payments, non-payments, lawsuits, or judgments. Financial capability and personal attitude are the two critical factors.CollateralThe real estate pledged (by mortgage or deed of trust) is the back-up protection securing repayment if the borrower is unable or unwilling to repay. It is the safety-net. The collateral should have a market value of at least 125% of the loan amount: $100,000 loan requires $125,000 collateral security; stated differently, the loan amount should be, at most, 80.0% of the value of the collateral. Be certain that a sufficient down payment has been made.Interest rateThe interest rate should be at the least 1.5 X the prevailing bank rate for a similar loan. Example: bank rate is 5.5% X 1.5 = 8.25% rate for a private party real estate loan. The borrower is willing to pay the higher rate because the bank is unwilling to make him the loan; the private party loan is his only option. This rate is fair because the borrower has been labeled by the bank as a “high risk borrower”. The private party lender is assuming a greater risk by making the loan.ConclusionProviding private party real estate financing to a qualified borrower, supported by adequate collateral security, at an appropriate interest rate is a sound investing strategy. Don’t overlook this opportunity!

While you may think that you do not really know that much about internet marketing as compared to some of the internet marketing gurus out there, you basically know a lot more than a huge number of people who are trying to get into online marketing arena. This kind of knowledge that you have can actually be a money maker for you if you simply use it to your advantage. The way you can use your knowledge about online marketing to make money from is to put up an internet business education site that gives neophytes to internet marketing some basic information on how to get their own internet marketing ventures to work.You can choose to make an internet business education site that offers tips and tricks on different aspects of internet marketing. For example, you can offer modules to those who want to learnt how to drive traffic to site, how to create the right kind of website that people will gravitate towards, how to be successful with a drop shipping venture and whole lot more. You can also offer people e-books that give them a step by step guide on how to put up their own affiliate marketing website and how to choose the right kinds of products to sell.You can also offer people tutorials on how to find online job opportunities or work at home opportunities and how to make money by working for others while in the comfort of your own home. If you have knowledge about certain money making ventures online and you feel that people will want to know about these things and are willing to pay a price for such information, it can become a business for you.

The current rise in popularity of herbal supplements and multi-vitamin products has led many people to question whether these products are truly necessary and whether they work as intended. The reality is that while most people’s diets do meet their basic nutritional needs, today’s lifestyles can take a toll on the body in other ways. For instance, exposure to pollutants such as chemical cleansers and automotive exhaust create reactions in our bodies that previous generations never encountered.In addition, people today live longer than they ever have in the past, and part of the joy of living longer is being healthy and happy enough to make the most of that extra time. To this end, anti aging supplements can help not only with the appearance of the skin, but with overall health and well-being, allowing you to lead a longer, happier, more active life.Many people first begin studying anti aging vitamins in an attempt to halt the physical appearance aspects of aging. For instance, many supplements seek to target wrinkles, spots on the skin from sun damage or scarring, undereye circles, or tired, sagging skin. It is true that many supplements can improve the skin’s appearance and elasticity, affording a younger, healthier, more vibrant appearance. However, these same vitamins and supplements can also improve overall health by offering similar effects on the body’s internal structure as well.Anti aging vitamins are concerned with more than simply physical appearance. While many may consider anti aging to be a matter of appearance alone, the truly dangerous elements of aging are disease and the wear and tear the body suffers naturally over time. To this end, anti aging supplements include not only those aimed at reducing the appearance of wrinkles and fine lines, but also those aimed at proactively preventing heart disease, cancer, osteoporosis, and other diseases and conditions that people become more prone to as they age.For instance, anti-oxidants not only improve the skin’s appearance but can also improve cardiovascular health and even reduce cancer risk. A diet rich in vitamin C will also protect heart function. Fiber-rich diets can decrease the risk of many different cancers, and also help the body rid itself of toxins, resulting in smoother, clearer skin.While the best actions you can take to reduce the signs and symptoms of aging are to maintain a healthy diet and a healthy weight, get regular exercise, drink sufficient quantities of water, and reduce stress as much as possible, anti aging supplements are available to pick up the slack and improve upon your own efforts.