There are several key steps to sell your note for a mortgage. A mortgage note is held by a private party, entity, or individual. If the borrower fails to pay off the debt, they risk ownership of the property. Meanwhile, the note holder can place a lein against the property until payments are made. Note holders can sell their note ... Read More »
Category Archives: Finance
6 Essentials To Financially Prepare For A Personal Injury Case
Personal injury claims are incredibly common, and in the US, only around 4% ever make it to court. Therefore, it is important to be aware of what to do if you or your business gets sued. Most are settled internally or dropped altogether. If you get injured and it’s not your fault, how can you make sure your case is ... Read More »
How A Remote Bookkeeper Improves Your Business Finances
Hiring a remote bookkeeper would greatly enhance your business finances. Remote bookkeepers are highly cost effective. Their flexible availability enables them to act autonomously while you focus on other aspects of your business. Having remote positions like this will reduce the number of resources used at your expense as well. These professionals will ensure that your financials are always up ... Read More »
5 Best Rent Collection Services For Landlords
First, online rent collection services are a popular platform for landlords. Online options allow property managers to collect rent for free, or upgrade for premium payment processing features. Tenants can pay their rent in any form such as a debit, credit or eCheck. Additionally, tenants can receive payment reminders. With this advanced functionality in place, it is easy to streamline ... Read More »
Do You Make These 5 Debt Collection Mistakes in Your Small Business?
Believe it or not, a debt-collection system that your company adheres to can make or break your business. Especially if you own a small enterprise. Proper debt collection generates income and small business cash flow for your company that, if not done correctly, can impede the financial growth of your business. That’s why delayed and unpaid payments by your clients ... Read More »
How To Send Invoices To Customers And Get Paid Online
There are several important steps to send invoices to customers and get paid online. Sending formal online invoices allows for your business to operate on a more professional, competitive level. Of course, these procedures allow you to save on critical resources, accelerate transactions, and efficiently track the status of your payments. As a business owner, there has never been a ... Read More »
How To Manage An Accounts Payable System
Accounts payable systems can be managed in several steps. These systems facilitate business procedures, policies, and practices to manage trade credit transactions. Some of these practices include seeking lines of trade credit, favorable purchase terms or faster lending timeframes. For example, many SBA line of credit solutions finance projects. As a financial professional, you should develop an accounts payable management ... Read More »
How Americans Living Abroad Can Reduce Their US Tax Bill
Allyson Lindsey, CPA is a Partner at Bright!Tax expat tax services and a leading expert on US taxes for Americans living overseas. Think you don’t have to pay taxes or file with the IRS just because you’re an American citizen living abroad? Think again! Unfortunately, American citizens are always subject to US taxation on their worldwide income, regardless of where ... Read More »
How To Find The Best Direct Mortgage Lenders For Refinancing
To refinance a home, the best direct mortgage lenders have the tools and resources to process a new loan. Direct lenders differ from mortgage brokers as they provide the full range of services from underwriting to closing. Additionally, these financial institutions do not need any intermediaries to complete your deal. As a current homeowner, you should be calculating “how much ... Read More »
5 Common Life Insurance Payout Options For Financial Protection
There are many common life insurance payout options for financial protection. These options typically refer to the methods in which the policies are paid out. Choosing these options often allows the beneficiaries to pay off significant expenses, such as funerals. As a financial professional, you should learn some alternative life insurance payout options that replace the deceased’s income and help ... Read More »