SBA Loans Explained

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Dec 082018
 

This short video describes the most popular Small Business Administration loan program, the 7(a) loan.

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CDBG for Indian Tribes and Alaska Native Villages

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Dec 082018
 

The Community Development Block Grant for Indian Tribes and Alaska Native Villages is a program of United States Department of Housing and Urban Development (HUD),

HUD is a Cabinet department in the Executive branch of the US federal government, which work is focused in the development of strong, sustainable, inclusive communities, as well as quality affordable homes for the all the citizens of America.

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Down Payment Assistance Loan for New York Home Buyers

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Dec 072018
 

The Down Payment Assistance Loan Program aims to assist first time home buyers in the process of securing their down payment and closing costs through the acquisition of a second mortgage plan which can be used simultaneously with any available SONYMA first time home buyer program.

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Buying Commercial Real Estate Does Not Have To Be Difficult

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Dec 072018
 

If you plan on investing in commercial real estate, it is crucial that you have some ideas as to the type of real estate you are interested in. If you choose real estate randomly, you might lose money on bad deals or on investments that don’t truly interest you. Keep reading for tips to help you make informed decisions in your commercial investments.

Negotiate, whether you are the buyer or the seller. Be heard and fight to get a fair property price.

To prepare for any sizable investment in commercial real estate, investigate indicators of fiscal health around the property in question, such as average income levels for nearby residents, rates of employment and unemployment, and whether jobs in the area are rising or falling. If you’re looking at a property that’s close to things like a university, employment centers, or a hospital, they’re likely to sell fast, and at a high value.

Whether buying or selling, negotiate. Be heard and fight to get a fair property price.

Pest Control

Another factor to be aware of when shopping for property to rent or lease is who pays for pest control. Talk to your rental professional regarding pest control policy if you rent in a community known for bug or rodent infestation.

As with other property purchases, pay attention to the three Ls: location, location, and location. Consider the neighborhood of the property. Compare its growth to similar areas. By calculating growth in similar areas, you will be able to ascertain whether the piece of property you are looking at is going to continue growing.

If you are looking to lease or rent, the issue of pest control is a critical one to address. This is especially important if the region is known for certain types of pest infestations. If this is the case, ask specifically what the landlord will do with regard to pest control.

Take note that commercial transactions take more time, they are complex and they take more involvement than home purchases are. If you want things made easier, you might want to change what you’re getting yourself into. Keep in mind, though, that the complexity is required to ensure that your real estate investment gives you a high return.

Research your prospective brokers to see how experienced they are with the commercial market. Look for brokers who specialize in commercial real estate. You and this broker should enter into an agreement that is exclusive.

Occupation is the key when you purchase commercial properties for rent. When you have an open space, you have to shell out the money to keep it looking great and running well. You need to ask yourself why properties are not getting rented and fix any issues you discover.

Websites with abundant real estate investment information are worthwhile references for novices and experienced investors. You can never know too much when it comes to commercial real estate, so never stop looking for ways to obtain more information!

Ensure that you have reviewed your contracts before negotiating leases so that you minimize the chances of default. This decreases the chances that the tenant will default on the lease. A default is frustrating and costly.

As indicated by this article, commercial real estate investments can be lucrative. You must be willing to conduct research, develop your skills, and always be open to a little luck. Not everyone will enjoy success, but if you take the above tips and follow them, you will have a greater chance at success.

A Beginner’s Guide To Buying A Home

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Dec 062018
 

Purchasing real estate may seem confusing, but if you have knowledge you can really be successful. Read this article to familiarize yourself with the world of real estate, and you will see that there are many opportunities for you to find good investments.

Each real estate agent needs to contact their former clients around the holidays or their purchase date anniversaries. When your former clients receive a holiday card from you, they will remember how helpful your were when they purchases their home. At the end of your greeting, tell them that you’re working on a type of referral basis and that you’d appreciate it if they recommended you to some of their friends.

If you’re going to relocate, research the prospected neighborhood of the desired property online. Lots of information about neighborhoods can be found online. Even extremely tiny towns have information available online. To make certain you will have a good future in the town you are considering, be sure to do a little research on such subjects as average salaries, unemployment rates and population growth.

When you have kids, or are planning to start a family in the future, make sure you buy a home that can accommodate everyone. Don’t neglect safety issues as well, especially if there is a swimming pool or stairs in the home you’re considering buying. It may be safer to purchase a home that children formerly lived in. Most parents childproof their homes, so these homes are probably already safe for your children.

Homes that need extensive repairs or renovations are often sold for cheaper than other homes. This gives you the opportunity to get in at a lower cost, and spend money in smaller bursts over time as you make repairs. You can use the money you saved to improve the home in a way that truly suits you. At the same time those improvements will likewise increase the value of your home. Focus on what the house could be rather than the poor condition it is in now. Your dream house could be hiding beneath some dingy carpet and outdated wallpaper.

When you buy a home, think about what your life will be like in five or ten years. If you are planning on having kids, make sure that you purchase a home that has a good school nearby.

You have to have a thorough understanding of the terms of your mortgage whenever you are purchasing a home. Making sure that you understand how your mortgage term affects your monthly mortgage payments and how it relates to the net cost of your home will leave you feeling less confused in the future.

The Internet can be your best friend when house hunting, so remember to use the net to check out homes and neighborhoods. Some areas may have more information that others available, but at the very least, you can find certain information. Research how populated the area is and what its unemployment and salary rates are before making any purchases. This will ensure you’ll be making the money you need to when living in the area.

Asking Price

When you’re ready to buy a home, you’re aware of the asking price. However, figuring out your offer is most important. When you make an offer to the seller that is less than the asking price, the seller will often come back with a counteroffer of some greater amount. Compromise between the asking price and your original offer will usually determine the price you and a seller agree upon, and it is usually one you can both live with.

Clearly, purchasing real estate is really not as difficult as you may once have thought. It is a lengthy process with research to be done, but is well worth it when all is said and done. Keep these tips in mind to make good decisions in real estate.

Oftentimes, homes that need major improvements are offered at lower prices. It is a good way to save money if you can take your time, and improve your home one thing at a time. You can build up equity with each and every improvement as well as get the exact home you want. Try to envision what the house might look like once all the improvements are made rather than dwelling on its current condition. The home of your dreams might be waiting for you behind an outwardly rough exterior.

Small Business Development Centers – An Introduction

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Dec 062018
 

Small Business Development Centers are partnerships between universities and the Small Business Administration, to provide management and technical assistance to businesses on a very large scale.

This post is part of a network of sites interested with the intersection of small business, the philanthropic sector and government in creating healthy and sustainable communities.

For more information on small business grant and home ownership programs visit TopGovernmentGrants.com.

SBA Celebrates Woman-Owned Veteran Small Businesses

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Dec 062018
 

Woman Business Owners from around the country join U.S. Small Business Administration Administrator Maria Contreras-Sweet for this special Veteran’s Day Google Hangout-On-Air.

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HUBZone Certification Program Webinar

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Dec 052018
 

This video explains the basics of the HUBZone certification program for small business federal contractors.

HUBZone certification allows certain small businesses to compete for set-aside contracts aimed at spurring investment in low median income or high unemployment areas.

This post is part of a network of sites interested with the intersection of small business, the philanthropic sector and government in creating healthy and sustainable communities.

For more information on small business grant and home ownership programs visit TopGovernmentGrants.com.

Grants From The Department of Commerce

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Dec 052018
 

The Department of Commerce was initially created to manage and regulate the country’s economy. The mission of the department is to “promote job creation and improved living standards for all Americans by creating an infrastructure that promotes economic growth, technological competitiveness, and sustainable development.”

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Community Development Financial Institutions

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Dec 052018
 

CDFI’s could be community development banks, community development credit unions, community development venture capital funds, micro-enterprise development loan funds, or community development corporations.

This post is aligned with a network of sites interested with the intersection of small business, the philanthropic sector and government in creating healthy and sustainable communities.

Find additional information and resources on small business grants and loans, home buyer programs and impact investment programs from around the world.