Pre-foreclosures - Minimum Risk, Maximum Profits

By Clifford Carr

The term pre-foreclosure, just like it sounds, means that a property or home is about to go into foreclosure. You can get some great values here, before they are seen by the masses looking for foreclosure deals. Prices are generally directly negotiated with the owner, who is motivated to avoid foreclosure.

The market for pre-foreclosures is reaching record levels namely because of the current sub-prime real estate issues and weakening economy. Real estate experts will tell you that investing in pre-foreclosure homes is one of the most prosperous ways to play real estate, and that the timing for great opportunities could not be better then it is now.

Depending on your situation buying a pre-foreclosure home can be an improved method of acquiring property rather then buying at an auction. Auctions more often then not require that you have the necessary cash on hand in order to bid. When buying pre-foreclosure homes, however, you don?t necessarily have to have cash on hand.

The main advantage of a pre-foreclosure is you get to meet the people who's house your interested in acquiring in a less anxious environment then at an auction. With an auction homeowners will usually remain anonymous.

One of the biggest advantages of purchasing a pre-foreclosure over an auction is that you can inspect the property before it goes into auction. At this point the property owner is still living in the home so obviously you want to call on them and take a look around the house to see what kind of condition it is in. If the owner feels you make be able to help them, they may disclose if there are any internal problems with the house (i.e. water damage, electrical issues, etc.). Also if the owner is co-operative and you have enough time it would be advised to get a property inspection done as well.

Pre-foreclosures provide the opportunity to see what sort of work needs to be done to the premise, and provide you with an idea as to the budget required to do so. You now have much more information then you would before a foreclosure auction to make the right decision of whether or not to purchase.

So now you can see that buying at the pre-foreclosure stage has some nice advantages over buying at auctions or from a realtor. It really comes down having the right information to make the right choice, at the right price. - 23196

About the Author:

To learn more about the best government auction & pre-foreclosures web sites click government auction reviews or pre-foreclosures.

When It Comes To Taxes, 1031 Exchanges Are Key To Wealth Building

By Eric T. Rightley

The decision to utilize the benefits of a 1031 Exchange can be determined with the help of your CPA or Accountant. They will determine for you how much taxes you would pay in selling your property outright. This determination will be based on your adjusted basis in your property and the normal capital gains liability that would occur. Your CPA will help you determine the amount of taxes that would be due to depreciation recapture, which is currently taxed at a maximum rate of 25%. This tax rate is higher than the portion attributed to depreciation.

Normal appreciation can be determined by your CPA or accountant from the natural increase in the value of your property. Normal appreciation is currently taxed at a maximum rate of only 15%. If you are in a state with an income tax or state capital gains tax, your CPA might also determine the amount of state and municipal tax liability.

Once you know what the taxes would be, if you decided to just sell the property outright, you can decide if you want to try to defer those taxes with a 1031 Exchange. Knowledge is power - typically, the costs of doing a 1031 exchange is far less than the tax bill, if you just sold the property outright.

After your potential taxes are determined, you should call a Qualified Intermediary, and inform them (the QI) of your wish to complete a 1031 Exchange. Typically, you also need a written Purchase Agreement, signed by both you as the seller, and your purchaser, stipulating your desire to sell your relinquished property as part of a 1031.

In addition, it is a good idea to add a stipulation or clause in the purchase agreement stating that you want to complete a 1031 Exchange with regards to the property and that the purchaser agrees to cooperate with such. You have now laid the basic groundwork for the closing. For sample cooperation clause go to www.1031podcast.com.

At this point, your closing can now take place, and your sale will be completed. Once the sale is complete, and the net sales proceeds have been paid directly to your Qualified Intermediary, your 10131 countdown will begin. The day after the closing is considered "day one." From this day, you have forty-five days to identify in writing the properties you want to purchase as your replacement property. It is also the first day of the 180 day exchange period that you have to complete the 1031 exchange and acquire your replacement property.

Now, I will review the steps you need to make in order to complete a 1031 Exchange transaction. The first step is to determine the capital gains tax bill, including depreciation recapture and state and local taxes. This step would be performed by your CPA or accountant. The next step is to determine if the 1031 Exchange process would be of benefit to you. This step would be made by your CPA or accountant with the help of a 1031 Exchange Qualified Intermediary. In step three, you should document your intent to sell the property to the purchaser, as well as your desire to complete a 1031 Exchange by inserting appropriate text in your purchase agreement.

Having completed your 1031 Exchange, you have started the process of deferring taxes and keeping your money working for you. - 23196

About the Author:

United States investors can save a lot of money by using a 1031 exchange to defer all of their capital gains tax on the sale of investment property. A 1031 tax exchange is similar to an interest free loan from the U.S. Government.

Getting Mutual Funds in the Philippines

By Jeffrey Mute

Mutual funds have become a fad investment in the Philippines today. This is because it has several advantages over the usual investment opportunities in the country. For those who want to be a part of this up and coming industry of mutual funds, it is important that you get some basic ideas of how the fund works and the ways you can benefit from it.

In a mutual fund company, investors pool in their money to come up with an asset base. A fund manager then becomes responsible with how the assets are to be invested. The fund manager sees to it that the investment portfolio of the company is diversified to ensure maximum gains for its investors. Some of the investments that a fund manager may choose to invest in include stocks, bonds, real estate, and money market investments.

A mutual fund company is legally owned by its investors, and the amount of ownership is determined by the number of shares owned. Likewise, the potential income from the fund is also established on share ownership.

Just like any other investment opportunity, mutual funds have their own set of advantages and disadvantages. One advantage of a mutual fund is that you dont really have to do so much work for your investment to grow. Since a professional fund manager does the research, selection, and monitoring process, all you have to do is wait for your money to grow.

Yet mutual funds also have a negative side. The presence of a fund manager can be good, but it also means that you wont be able to take part in the decision-making process. With whatever investment the fund manager chooses to put the funds money in, the only thing you can do is hope that it will yield positive returns for the company. Also, be aware that certain mutual fund companies charge fees. You should take this into consideration as it can affect your investment in the long-term.

In contrast, mutual funds also have its disadvantages. One of which is that you wont be part of the decision making process with regards to how your money will be invested. Since a fund manager is the one who makes this decision, you can just hope he chooses the right investments for the mutual fund company. The worst that can happen is that your investment will not gain anything, but the possibility of this is very dim.

Buying mutual funds is as simple as filling out an application form and paying for the number of shares you want. Some companies may charge an entry fee though. Just make sure that you are certain of the mutual fund company you are investing in to avoid any loss of investment later on.

Dont stop researching on mutual funds once you invest in one, continue the learning process so you can personally monitor your investment. It pays to be responsible when it comes to your hard-earned money. - 23196

About the Author:

The author's website provides information about mutual funds Philippines and also guide you on how to buying mutual funds in the Philippines.

Learn Article Marketing

By Hass67

If you want massive publicity for your website you need to start article marketing. It is the best way to attract a lot of visitors to your website. It involves writing articles on any topic linked to the theme of your business or website. When you start submitting articles to article directories, ezines and announcement groups, it will bring lots of backlinks and visitors to your site.

You dont need to be great writer in order to succeed at article marketing. Article marketing is being used by regular every day people for driving traffic to their websites.

Article marketing is the free way to build massive back links to your site. These backlinks will increase ranking of your site on the search engines. You dont need to give more than an hour of your time everyday to write an article.

Suppose you are afraid to write. You consider yourself not a good writer. In my opinion, if you can write letters to your friends, you can also write articles with a little bit of practice.

Dont write an article that is too long or too short. Its length should be between 400-700 words for optimal results. In the body of the article avoid talking about your business or your website. Give your reader information that has value in an interesting manner.

In the start, write an article a day. Next day, again read the article you wrote yesterday. By doing this, you will be able to have a fresh look at it and make it even better. Once you are satisfied with the quality, submit it to article directories.

The title should be enticing enough for people to click on it. Start your article in an interesting and lively manner that compels the reader to continue reading till the end.

At the end of the article there is a resource box. You can talk about yourself here. It is the most important part of the article in addition to the title and the body.

In the resource box, you can talk about yourself. Try to tell the reader about yourself in third person. Here you can sell your business and your website.

If your resource box is compelling many people would want to click on the link and visit your website. A good article will leave a positive impression in the mind of your reader and build trust. It will also establish you as an expert in your field. - 23196

About the Author:

Mr. Ahmad Hassam has done Masters from Harvard University. His hobby is internet marketing. Discover Web Traffic Machines. Read about an Article Marketing Network comprising 12,000 blogs. Make Money Online

International Currency Trading

By Gold Kevinrighter

The massive Forex trading markets provide great online business possibilities. When people search for Forex information, you want them to visit your website. "Forex Trading Signal", "Interbank Forex", and "Scalping Forex" will be the type of search terms that you want to draw traffic from.

When EUR/USD regularly gets slowed down in massive 2-way liquidity, GBP/USD displays much more sudden volatility and more intense overall cost movements. If US financial news disheartens, for example, both sterling and EUR/USD can move higher. Although the EUR/USD sees a 60-point rally on the day, GBP/USD might see a one hundred+ point rally. This goes back to liquidity and a commonly lower level of market interest in GBP/USD. As far as everyday global exchanging sessions, GBP/USD volume is at its summit throughout the UK/European exchanging day, however that level of liquidity shrivels significantly in the New York morning and Asian exchanging sessions.

In most cases, you're more contented expecting more humble cost movements of 30 to 80 pips instead of striving for the home-run ball. And no matter what some infomercial informs you, you're not going to retire based on some lone trade. The key is to hit desperados and stay in the game.

With Forex you've got the biggest, most dynamic and stimulating economical market worldwide. We approach currency exchanging from those 2 point of views, looking at them individually and mixing them together to give you the data you need to trade in the Forex market. Presuming is really about taking on economical risk in the wish of making a surplus.

Medial bankers are enthusiastically conscious that their remarks have the talent to move, and conceivably disrupt, economical markets all around the planet. So they pick their words extremely cautiously, leaving dealers to act as interpreters. Before you start understanding financial protocol declarations and comments, it'll help to know this.

You shouldn't anticipate some prosperity in exchanging if you don't create a practical exchanging plan and stick to it. Imagine exchanging as if it were your own business, and approach it as you could a business venture, since that's what it is. Above all, try not to take your exchanging outcomes too individually.

Spread balances are normally monitored by pc designs based on present market costs. If a cost move causes your accessible spread to fall underneath the demanded level, the position can be closed, no spread hail, no annunciation to you, just a sold off position. You might imagine that's unjust, however the actuality is that brokers need to sell off trailing positions at some point, or your loss will get to be theirs.

Once you enter a position, your obtainable spread is decreased, which in turn lowers the portion of accessible positions you might develop. If you're regularly engaged in the market since you don't desire to miss out on the next gigantic move, you truly run the risk of missing out on the next large move since you might not have enough capital to aid a position for the gigantic move.

You're now revealed to cost fluctuations and your exchanging account can index a surplus or loss consequently. However that's just the beginning of it. Just since you have a exchanging plan doesn't mean the market is certainly going to play ball. You need to be efficaciously involved in managing your position to make the most of it if it's a victor and to minimize the blemish if the market is not going in your favor. Efficacious trade management is additionally vital to keeping more of what you make in the market. In our experience, making currency in the Forex market is not certainly the tough part.

A everyday characteristic of the spot market is the ten a.m. ET choice expiry, while choices because of elapse that day that finish out of the currency stop to live and breathe. Some interconnected hedging that was finished for the choice then needs to be unwound, albeit this is in all likelihood to have been finished previous to the expiry if the choice is well out of the currency. Dealers need to follow market comments to see if big choice interest is set to elapse on some given day and commonly expect a flurry of choice-interconnected purchasing/marketing that might abruptly reverse course after the ten a.m. expiry.

To start a website with Forex products, do a search. Try searching "Forex Cfd" or "Forex Accounts" and see what you find. You will learn all you need to know from your internet research. - 23196

About the Author:

Numerous of these swindles appear genuine and additionally find as a way to make gigantic money quick. Cotl Forex Trading System One artificial charge free number which connects the entrepreneurs voice, fax, And there are a lot of card providers having low interest rates.