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3 Mistakes To Absolutely Avoid In A 1031/TIC Exchange
We've all made bad decisions in the past. Don't you just hate to hear "I told you so" from your friends and family? Or, maybe you catch yourself saying "If only I'd have..."?
Personally, I'm one of those people who prefers to learn from someone...
Before Selling Your Home
Here are some important steps you should take before you put your house on the market:
1. Home Loan Approval for your next Home
You don’t want to be signing a contract to sell your house before knowing if you are qualified to buy another....
Freedom
In the land where "the sun always shines," the heavenly globe had not shone its bright face for many days. I drove into town during a torrential downpour. I had yet to see any golden, warming rays. In fact, three weeks had passed since I drove to...
Open Houses For FSBO Sellers
The first requirement in finding a buyer for a home is to make sure the pool of potential buyers know it is on the market. For FSBO sellers, holding an open house can help to get the word out to buyers.
Open Houses
Open houses are very...
The Importance Of Real Estate Farming
What is real estate farming? Real estate farming is the process of branding yourself to a specific group of people, area or market segment as a first choice agent for homebuyers, homesellers or real estate investors. Real estate farming is a long...
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Buy A Home With A Government Grant? Avoid This Scam
If you watch enough late night television, you?ll see advertisements that suggest that the Federal Government is giving all kinds of things away. You?ll see ads for auctions that promise that you can buy a Ferrari for $500 or a home for $1000 through ?government liquidations? or some such thing. You?ll also see ads that promise to tell you how you can get money for free to purchase a home. Is this for real? Will Washington provide you with money to purchase a home?
It shouldn?t surprise anyone who wasn?t born yesterday that these ads that sound too good to be real are just that. Yes, the Government makes millions of dollars available for certain uses, and yes, some of those uses include housing. But little of that money is available for individuals, and none of it is available for John Q. Public to buy a home on a golf course in Shady Pines Estates. Most of the available funds are available only to businesses and other organizations, not individuals. You can obtain grant money if you own a company that would like to build a 100-unit apartment complex for low-income residents. You might even obtain some grant money if you?d like to overhaul a 100-year old home in a blighted neighborhood as a step towards urban renewal. You won?t get the money to build or buy the mansion next door to Tiger Woods.
So yes, funds are available, but only under fairly limited circumstances. And the process of applying for and receiving grant money is fairly complicated. It?s not just a matter of
filling out a form and waiting for the money to arrive. The process involves a pile of forms, and reports, and plans and outlines for how, when and where you intend to spend the money. After you get the money, you?ll probably have to report exactly how the money is being spent and whether or not everything is going according to your plan. Obtaining grant money is not a free lunch. It?s hard work, and the people responsible for handing out the money want to know that the money is being spent wisely.
It may be worthwhile to check out what sort of grant money is available. If you are interested, you can find out what?s available, for free at http://www.grants.gov. That?s a far better alternative than spending money from some huckster on late night TV, and if you decide that you don?t qualify for grant money, then you haven?t wasted anything but your time.
About the Author: ™ðopyright 2005 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including http://www.End-Your-Debt.com, a site devoted to debt consolidation and credit counseling, and http://www.homeequityhelp.net, a site devoted to information regarding home equity lending.
Source: www.isnare.com
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