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How To Price Your Property To Sell

My fellow Real Estate professionals are definitely not going to be in agreement with me, in fact they may dispute this information to the core. One of the reasons this is so, is that we have not had a “normal” real estate market for over ten years, therefore a lot of the existing real estate professionals have never seen what a normal real estate market looks like, their only experience, even though it may span ten plus years, has been that prices are determined by what other people pay. In fact, this may come as a surprise to you, that...

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How to Do A Short Sale

What is a Short Sale: The term “Short Sale”, to “sell short” means exactly that, when you sell for less. The World Book Dictionary defines “short” as used in this sense as “not coming up to the right amount, measure, standard, etc... The cashier is short in his accounts.” From the point of view of the bank, selling short means that the bank is going to get less money than what is actually owed on the property. Because of this reason, the bank has to agree to you selling the property for less than what is owed. The advantage for...

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Which Type of Money to Use for Investing & Spending

In Scotland, you have 4 types of money -currency. There are four kinds of £10 pound notes, four kinds of £5 pound notes, etc… you can see what these notes look like here: Scottish Notes. As someone who has done commerce both in Scotland and England (in the United Kingdom England refers to the English Kingdom as opposed to Wales & Scotland) I always noticed a big difference in the purchasing power of the Scottish versus the English. Literally speaking the English public had a constant lack of money while the Scottish public seemed to have an abundance of money....

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How to Calculate How Much you are Really Making on Your Investments

You might think you are making 18%? How about 7.5%? this actually happened to someone who e-mailed me a couple of months ago, he thought he was making 18%, when in reality he was making much less than that. How come? Because monthly statements are confusing and because the real return is found out only when you calculate what is called a “weighted average”. For example, if you have $25,000 dollars at 4%, $6,000 at 6% and $10,000 making 18%, how much are you really making? This makes a total invested of $41,000. The formula is: multiply each fund by...

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