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Home repossession is the worst nightmare for any homeowner and it can happen for a variety of reasons. Of course accident or sickness that means you are unable to work and lose your income are main ones, as is unemployment by such as redundancy. Mortgage insurance cover can help you to continue paying your mortgage in these circumstances. You would have an income each month which would be tax free and the sum that you insured against when taking out the policy.

You would not have to worry about struggling to meet the payment each month when it became due and you would not fall into arrears. If you get behind by just one payment the lender will want assurance that you are able to catch up while at the same time maintaining your mortgage. Failure to come to an agreement will see the lender taking you to court and you could be evicted from your home if the judge rules on favour of the mortgage lender. With a policy to fall back on there would be no worry of this happening and you could recover or find work with peace of mind.

Mortgage insurance coverage can be taken cheaper with a standalone payment protection specialist that it can be adding it onto the mortgage when borrowing. High street lenders cover costs much more than the premiums set out by a standalone specialist provider. Independent providers charge premiums which are based on the level of mortgage protection you need, your age and the amount you want to cover. if you take age based cover then this means that even first time buyers who have stretched their budgets to the maximum can now afford to protect huge mortgages.

Policies vary between lenders so it is essential that you check the terms of any policy you consider taking out before signing on the bottom line. Some providers will give protection that would payout an income tax-free after a period of unemployment or incapacity of 30 days. Others might ask that you wait for as much as the 90th day before you are able to put in your claim. You also have to check to see how long the policy would payout for because again this can differ. Some provider might offer 12 monthly payments while others could offer 24 monthly payouts before the cover ceases. You also have to check to see what exclusions there are in the policy as all policies have exclusions in them. Some providers just add in the very basic few while others could add in many.

Mortgage insurance cover can stop you from becoming one of the 45,000 estimated homeowners who will lose their homes to the mortgage lender this year by way of repossession. Up to June this year there has already been over 18,000 homes repossessed as the Council of Mortgage Lenders has pointed out. Perhaps many of these repossessions could have been stopped had the homeowner thought to take out mortgage payment protection. So give some thought to taking out a policy before it becomes too late.

By: Simon Lance Burgess

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When dealing with any type of loan or mortgage, it is important to remember that each option has different mortgage rates that must be explored. Similar to any other mortgage, a commercial mortgage can be looked at as an investment which must be analyzed to ensure that it is affordable and perhaps profitable in the long run. There are many tools available, both online and off, which can assist you in weighing the various options.

Initial Aspects to Consider



A commercial mortgage is a loan in which the actual property is used as collateral for the repayment of the loan. This makes it similar to a regular, residential mortgage, except that you are using a commercial building or another business as collateral for the loan. Most of the time, a commercial mortgage is taken on by businesses, and is not taken on by individual borrowers. A commercial mortgage is one of the most popular forms of business loans.

There are different types of commercial mortgages, just like any other kind of loan available on today’s market. Some commercial mortgages are labeled as nonrecourse, which means that if the borrower fails to make the payments, the creditor is only able to seize the loan collateral, and cannot seize anything else. This falls in line with many laws that help protect a borrower by not allowing a creditor to go after the borrower for any deficiency. Also, this is done because many mortgages that are structured for sale as bonds are actually going to give a high priority to being able to get some sort of income.

Most commercial mortgages that are taken out in the United States require the borrower to make a monthly payment over a 20 to 30 year period, and also require a balloon payment, which is a total payoff, after a certain amount of time. Most of the time, when a borrower has reached that point, he or she will attempt to refinance the loan or sell the property, so that they do not have to make that type of large payment on the loan.

There are several reasons why someone might want to explore commercial mortgage rates. They might want to actually purchase the premises of a business. Or, an individual might want to extend the existing business premises into a larger space. Another reason why someone looks at commercial mortgage rates is assess a property as a residential and commercial investment. Also, developing the property in other manners might be a viable option as well if the current commercial mortgage rates make this possible.

Steps Involved in Securing a Commercial Mortgage Rate



When looking at a commercial mortgage, it is important to look at various mortgage rates that are available. It is important to remember that the interest rates for commercial mortgages are usually going to be higher than the interest rates for residential mortgages. This is important to remember because in order to take out this type of loan you need to be willing to pay higher interest rates so that you can purchase the property in question and be able to afford future payments.

Also, you should be aware that the most common type of commercial mortgage is a fixed rate loan. This means that the interest rate is going to end up being constant throughout the entire life of the loan, or the loan term. This should not be confused with a typical residential loan, which has a fixed rate mortgage for 30 years, at which time the rate may change.

Most of the time, fixed rates for commercial mortgage loans are between 3 and 10 years. This is because many of the banks that borrow the money to lend borrow it from the Federal Government and will then repackage the money for lending. The Fed Rate itself changes typically every 3 years, so banks want to be sure that they can also change their own fixed rates, so that they are not losing money from the loans that they have given out for a commercial property.

It is important to also note that loans are typically based on yields such as treasuries, corporate bonds, swaps, or CMBS rates. It is also important to remember that the rates for commercial mortgage loans can be variable or can be capped. A second commercial mortgage, which is an additional loan that is on a commercial property, is yet another option. This loan will be subordinated to the first mortgage, and might carry a higher interest rate due to the higher risk.



By: Wesley Pritchard

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The world of big business is making daily headlines by “going green” after discovering that what’s good for the planet is also proving good for business.

IBM recently announced “Project Big Green,” a $1 billion initiative to reduce energy consumption by offering new lines of energy-efficient IT products.

Wal-Mart is adding solar power to more than 20 stores.

PepsiCo is buying renewable energy certificates to offset its carbon footprint. Even major banks and energy firms are being asked by shareholders to prove that they, too, are going green.

It’s not just the biggest businesses that are attracting new customers and shareholders and reaping huge profits by “going green.” Small businesses also are growing eco-profits by embracing surprisingly inexpensive strategies to add value to their products, services and brand.

Consider these innovative examples:

- Bob Smith of Mad River Brewing Company in Blue Lake, California, has attracted positive publicity (and new customers) by promoting his efforts to reduce his small firm’s waste output and take other environmentally conscious steps. In turn, he has received welcome positive publicity from the press. “What PR budget? That is our PR budget,” he told the Albuquerque Tribune about “going green” to market his business.

- In Florida, Natalie Kelly formed Home Therapy Cleaning Services, which uses only nontoxic, all-natural cleaning products for her home cleaning business. She used to sell aromatherapy candles from her home, she told the St. Petersburg Times, but today uses an aromatherapy baking soda blend to freshen carpets.

Here’s what you can do:

- Two inexpensive ways any small business or solo entrepreneur can go green are to change light bulbs to energy-efficient bulbs and use biodegradable cleaning products.

- With that done, tell your customers and the media about these simple ways to go green. You will have just earned instant credibility as a green business, and also as a media resource for simple, effective ways to “go green.”

- Many communities online and offline are forming networks to exchange energy-saving ideas for home and business. Form your own energy network, enlisting neighborhood businesses that will welcome another opportunity to show they’re going green, too. The plus for you is that you will have just positioned yourself and your business as a community environmental leader.

- Copy what the New York Times called “Phase 2″ of the corporate response to global warming. Partner with an environmental group. Travelocity invites customers to donate an extra $10 to $40, which goes to the Conservation Fund to plant trees to offset the carbon used by a client to take a trip. Whole Foods invites customers to buy a $5 “wind power card” that goes to Renewable Choice Energy to build wind farms. What local environmental group can you partner with to promote on your Web site (and vice versa), to set aside a day that a percentage of profits will go to that organization or to make their fliers available at your business?

- Make use of readily available, free information to hand out with your business literature or to make available in your office. For example, create a one-page flier on your letterhead inviting clients to calculate their own carbon footprint by visiting http://multimedia.wri.org/safeclimate_calculator.cfm.

- Go deeper green! Attend a “green” conference in your community or region, and promote your attendance. (Go to Google.com and type in “green” and “conference” and your area to find out when and where they are scheduled.) Write a “green” article on simple ways you are going green and submit it to one of the dozens of “green” Web sites and blogs that invite reader contributions. It’s a great way to market your smart ideas and your business!



By: Tushar Mathur – Go Green

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Real estate investing is a serious endeavor. In a market climate that favors buyers, it’s tempting to jump in the wagon of real estate investors and join in the hunt for the best property. But without knowing the right things, the actual process and the risks and pitfalls of commercial real estate ownership, your dream can easily turn into drama and financial nightmare. So when looking for the best Miami commercial real estate property, here are three tips to consider.

1. Know everything you can about commercial real estate investing. 

Even before searching for the best Miami commercial real estate property, you should do your own research. There are certainly real estate agents that can help you with the process, but don’t expect them to feed you the information you need to survive. Instead, rely on your own perseverance and determination to do things right by taking the time to read and study the entire process. 

The type of Miami commercial real estate property should be on top of your priority list. There are a lot of properties types in commercial real estate but before things get confusing, make sure the choice will be effective in housing your business operations. 

2. Find out everything you can about the commercial space. 

The best way to get investing right is to make a checklist of your priorities for the property. Likewise, you should also create a checklist of what the usual commercial property must have. From the location to the possible ROI it can provide, you shouldn’t miss all the vital parts of commercial real estate investing. 

The type of lease is also important. Make sure you know when a lease is considered fair or leaning more towards the landlord. There are several clauses you should look out for as well as terms you need to negotiate carefully. So before signing anything, make sure you are aware of the lease terms. 

3. Place importance on the lease. 

Like mentioned, putting importance to the commercial lease is critical. You should include the lease in your research. Know everything you can about lease terms, types and common pitfalls. The lease terms are probably the most important topics to study. Make sure you choose the best term for your business. 

The type of lease is also important. Generally, there are two ways to lease a Miami commercial real estate property, especially an office space, namely Leasing and Subleasing. Each has its own benefits and risks. Get yourself acquainted in order to provide you with the best possible option and course-of-action to consider. 

Mark Michael Ferrer 

Miami Commercial Real Estate



By: Mark Ferrer

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Network Marketing is a great business and there are a few ways to go about achieving success and creating for oneself a 5 digit monthly income figure with this business model!

The 1st way to start is by using the Traditional Network Marketing business model.

These are some considerations when joining a Traditional Network Marketing company.

There are many Network Marketing companies that sell nutritional products. Do some research by finding out if the business has a history of at least 3 to 5 years. The last thing you would want happen to you would be to build a down line, and have the company close.

The products offered should be something you would want to buy, even without the duplication system. Consider if the duplication system is something that draws on your strengths. In all old school network marketing company’s, the leaders are often good speakers, or they are recruiters with a large social circle. The usual way of prospecting is by a 3 way system. To elaborate further, this system is referred by a few names, one such referral is the ABC or Advisor, Bridge and Customer system.

To be an Advisor, you will need to be able to have good oratorical skills. To be the Bridge, you will be a traffic middleman, introducing your large pool of contacts to the Advisor. The customer is the prospect. The advisor and bridge work together to bring new enrollees into the system. Should persuading people verbally and inviting contacts to events come naturally and you feel good the benefits your company and products can bring to your prospects, then this is one route you can take.

Take into consideration locating a sponsor that has a track record and can mentor you for success. The sponsor would have taken the same route and can understand, help overcome the learning curve. A journey of a thousand miles begins with a single step, and that single step would be so much the easier to have a guide to pave the way.

The 2nd way to start a Network Marketing Business utilizes the internet.

The main difference lies in the duplication system. Instead of following up with invites, and calling, leads are qualified using sales ads and email marketing. Prospects fill up a form expressing their interest and upon receipt of a link in the email, will click that link to confirm the email is valid. Messages will be sent to the prospect educating them about the automated internet MLM system and how to market it online. New enrollees then join the business by clicking on links that lead them to payment processing pages where they pay by credit card. Upon joining, they will proceed to market the same system which brought them in.

The benefits to such a system removes the element of cold calling and speaking to strangers, untargeted prospects. Rather then teach someone who has not put down any commitment to work a business; it’s more fruitful to spend one’s energy working with a prospect qualified by the automated system. Some people who do not find success in the 1st business model have found it in the 2nd.



By: Sherman Choo

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MArketing

A guide to commercial mortgages

What is a commercial mortgage?

A commercial mortgage is similar in principle to a residential mortgage except it is used to purchase a property or to raise capital for commercial purposes rather than domestic purposes. As with residential mortgages, the lender retains rights to the property until the loan is repaid in full.

What would you use a commercial mortgage for?

The types of property that people might purchase using a commercial mortgage could be anything from hotels, restaurants, shops and takeaways to office buildings, factories, warehouses and farms. Sometimes people might buy the business and property at the same time if the two are intrinsically linked, such as a hotel or restaurant. When properties are purchased to be used as business premises, the mortgage is known as a commercial owner-occupier mortgage.

Alternatively, a commercial mortgage could be used for refinancing. People might want to unlock capital from their existing business property to expand or improve their premises or facilities, or to raise cash for any other business purpose.

There are many other uses for a commercial mortgage, such as buy-to-let mortgages, where people purchase a property (perhaps residential) as an investment and let it out, or commercial development mortgages, where people purchase a property to develop it and sell it on for a profit.

Why purchase premises rather than rent?

Taking on a commercial mortgage is a major leap for your business and must be carefully considered before entering into the commitment. However, it can be an excellent investment and owning the business premises that you occupy can bring many advantages to your business:

In most circumstances the proceeds of the loan are not considered to be taxable income and the interest payments are tax deductible.

You’ll have a clear repayment plan, with terms and rates tailored to suit your needs. (See below for more details on this.) This means that you can manage your cash flow more easily.

Mortgage repayments can be cheaper than rent.

Any property purchase is an investment. Your asset could appreciate a great deal in value, thereby increasing your capital.

You have the potential to make money by subletting. For example, you might have space in your property that you don’t currently need, and could make money on it by letting it out to another business until you need it to expand your own business.

Why use a commercial mortgage to raise capital?

If you already own business property and need cash for your business for any reason, unlocking the capital in your property by refinancing or remortgaging is an effective solution. Think of it as a loan that could be used for any business purpose – not just expanding or improving your premises. There are many benefits in doing this:

Commercial mortgages can be easier to obtain than business loans, especially for small businesses, as the property provides security to the lender.

Unlike many business loans, which tend to have a short repayment term, commercial mortgages cover a long period – anything from 15 to 25 years, depending on the lender and the financial circumstances of your business.

In most circumstances the proceeds of the loan are not considered to be taxable income and the interest payments are tax deductible.

There are two ways in which you might use a commercial mortgage to raise capital for your business:

1. Refinance your current commercial mortgage to include the loan amount that you wish to borrow.

2. Release the equity that has accumulated in your current property, i.e. the current value of the property minus any outstanding mortgages or debts tied to it.

What are the costs and repayment options for commercial mortgages?

Repayment plans tend to be similar to residential mortgages. The main options are either fixed rate or variable rate repayment mortgages or interest only/endowment mortgages.

Unlike residential mortgages, however, the interest rates for commercial mortgages tend to be higher as business lending is perceived as more of a risk. The rates will vary depending on the circumstances of your business, but generally speaking, the higher the risk, the higher the interest rate. For the same reason repayment terms also tend to be shorter than residential mortgages – typically 15-20 years.

It’s likely that you’ll also need to raise a deposit, as most lenders won’t provide 100% loan-to-value mortgages – i.e. they won’t provide a mortgage for the full purchase amount and will expect a down payment from you as a form of security (typically 20-30% of the purchase price, although some lenders accept as little as 5%, but with a higher interest rate for repayment).

Other expenses to consider are the setup costs involved in arranging a commercial mortgage, such as legal charges, surveys and broker fees.

In terms of responsibility for repaying the mortgage, this depends on the type of business. If you’re a sole trader the responsibility will lie with you and you may also be personally liable should you default on the repayments – meaning that you could lose personal assets as well as the commercial property that is mortgaged. If you’re in a partnership, the responsibility and liability apply to all partners. If it’s a limited company, the responsibility and liability belong to the business, although personal security may be required to approve the mortgage depending on the profitability of the business.

How do you obtain a commercial mortgage?

When applying for a commercial mortgage, you’ll need to do your homework and build a strong business case to demonstrate your company’s ability to repay the mortgage. Be prepared to undergo a thorough examination of your finances, including:

business history of your company: financial statements, profit and loss accounts, balance sheets, past and current cash flow, all certified by an accountant.

future projections for your company: long-term business plan, intended use of the property, earnings potential, projected cash flow.

personal finances: the financial histories of yourself and all other key stakeholders in the business, such as credit worthiness and past earnings.

All of these factors will determine the lender’s perceived degree of risk in lending you the money, which will in turn determine the term and interest rate of the loan that they are willing to give you.

The obvious first step to many people applying for a commercial mortgage is to approach their bank or business lender, with whom they already have an established relationship. However, for this very reason it’s unlikely that you’ll receive a competitive deal.

The best way to get a commercial mortgage is to use the services of a specialist independent mortgage broker, who can help you get a good package to suit your needs whatever your circumstances. Even if your credit isn’t great, it doesn’t mean that you won’t qualify for a commercial mortgage. Having a broker to represent you will really strengthen your case. They have access to a wide range of lenders and understand their criteria for lending, as well as your specific needs. They can therefore undertake a targeted search, increasing your chances of finding a suitable loan. In fact, the broker may even be able to obtain several different options from various interested lenders, which provides the scope to negotiate a fantastic deal for you.

Money isn’t all that you’ll save. Imagine if you tried to apply to several lenders yourself – think of the time taken to complete all the applications, and the time wasted in applying to unsuitable lenders. The independent advice and specialist knowledge that a broker provides are invaluable.



By: Benedict Rohan

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Choosing to buy commercial property is a big decision. You require a high level of investment and have to ensure that you don’t make a costly mistake. A number of websites provide commercial real estate listings of properties for sale. These lists are regularly updated. One can search these lists to gain a general idea of the quality of the properties that are available within a given budget. The prices of commercial real estate typically vary according to their location, size, and quality of construction. If you are planning to invest in commercial real estate, you should look at these lists these lists. Looking at these lists requires a great degree of skill, as it is important to read between the lines to uncover the true value of a listing.

Find out how many Commercial Property Listings there are in your local area

Your first step should be to find out what the best locations to buy commercial properties are. Often you will find that certain areas will have a high density of commercial real estate for sale, be wary of such pockets lest you find yourself buying a ticket aboard a sinking ship. Although it may cost you more money at times, make it your mission to find an area where companies such as your own have a proven track record of doing well.

Once you find an appropriate property from a commercial real estate listing, perform a thorough inspection before you buy Commercial Real Estate. While you may feel that a thorough inspection is not necessary as you are not going to be living there, this could not be further from the truth, as this is a business premises inspection it is just as prudent to thoroughly examine as a residential property.

Are you Buying Commercial Property in a Rural or Urban Setting?

When you look at a commercial real estate listing, the type of development where you are purchasing commercial real estate is very important, for instance if you are in a rural setting then you will be looking for very different features than if you were looking for a ware house for sale in an urban setting. Another thing to consider if you are in a rural setting is the cost, you can expect to pay lot less to be in a less developed area but if you are in a more developed district, especially a retail shop for sale or lease inside the city center you can expect to pay a premium.

Will you be buying this Commercial Property to rent out?

It is also important to consider whether you are buying commercial property for your company to actually move into, or whether you are going to rent it out to someone else. If your goal is to own the commercial property to let, then don’t get hung up on want you would like to see when buying commercial real estate, rather find out what the widest possible market is looking for in a commercial property for lease and acquire something that fits that description.

What are the tenant’s assets and liabilities?

It is a good idea to obtain a financial statement from the potential tenant that is occupying the space that you buy. The financial statement will list the tenant’s assets and liabilities. This will give you a good idea of how financially stable the tenant is. Would you like a tenant with $0 cash in the bank, a negative net worth, and credit problems? The answer is of course, no. Once again it’s surprising how many commercial investment property owners don’t do this and find out after the fact that it’s something they shouldn’t have done in the first thing. Now, this is all pretty easy as long as you do a good job of checking out the tenant in the first place.

While on the face of it a commercial property listing may appear straightforward, it is important to dig deeper and find out more before signing on the dotted line. Don’t be afraid to ask the right questions. Only when you are absolutely sure that all your questions have been answered to your satisfaction, you should proceed with the purchase.



By: Dan Ross

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One of the challenges of email marketing is getting the email actually delivered. There are several ways that email can end up as Spam, and steering clear of these causes will give your email marketing efforts a much greater likelihood of success.

How to Prevent Emails from Landing in Spam Folders

First, make sure that any small business marketing email is sent only to people that you already have an established relationship with, or those who have requested to be sent your communication. People you already have a relationship with can be considered personal friends or family, or people you have a business relationship with, such as customers, associates, and similar individuals. If you don’t know the recipient personally, it is best to have people “opt in” to receive your mailings. Having people subscribe to your mailing list is the best way to do this. Mailing outside of these parameters is likely to result in some recipients reporting your emails as Spam.

Second, mailing to a large number of names at once using personal email accounts often triggers a Spam designation. Even if you are mailing legitimately (i.e. people have requested your email), if you are mailing to more than 100 names at a time, it will likely be presumed to be Spam. Using a mailing service that is well known and respected by the internet service providers (ISPs) will help ensure that your mailing is viewed as legitimate when mailed en mass.

Even when you’ve mailed to an opt-in list, and are using a respected mailing service, your well intended email may still end up in a Spam folder instead of an inbox. This often happens due to using certain words or phrases in “subject lines” of emails that are often associated with Spam emails. The subject line is the header that is seen when an email shows up in your email in-box.

Email filters are used by ISPs to check the words in an email’s subject line. A good subject line can encourage people to actually pen an email. A bad one can mean your email gets deleted, or worse, it can cause your email to be categorized as Spam.

Often the more sophisticated service providers use a “point system” that identifies trigger phrases commonly used in Spam emails. Once an email accummulates a certain number of “points,” the email gets filtered out and is never delivered to a customer. In some cases it doesn’t even go into a Spam folder, but it gets completely blocked.

Common Phrases Considered “Spam”

Although it’s impossible to identify each word or phrase that can trigger a Spam designation, there are certain words that are almost always likely to cause problems. Examples from this list include the folllowing words:

amazing, big money, call now, cash bonus, credit, click here, collect, compare, discount, double your income, earn $, eliminate debt, 50% off, free, freebie, get rich, information you requested, loans, lose weight, lose inches, million dollars, make money, mlm, multi level marketing, opportunity, promise you, refinance, removes, reverses aging, satisfaction guaranteed, serious cash, stop (or stops), you’re a winner.

There are some additional problem phrases that can trigger some Spam filters, or start adding “Spam points.” The following phrases should be avoided as well:

Act now, all new, all natural, as seen on tv, avoid bankruptcy, buy direct, cash, casino, consolidate debt, credit card debt, don’t delete, easy terms, get paid, guaranteed, great offer, give away, limited time, meet singles, no cost, no fees, offer, one time, pharmacy, pharmaceutical, prescriptions, online marketing, order now, please read, save up to, special promotion, unsecured debt, unsecured credit, vacation, viagra, visit our web site, while supplies last, why pay more, winner, work at home, you’ve been selected.

Other Spam Triggers to Avoid

Besides phrases, using quotation marks, dollar signs and exclamation points in subject lines also can trigger Spam filters. So does using all capital letters, which is considered “shouting” in the online world.

You should also never put a toll-free number in the subject line as that can also cause your email to be filtered out by many filters.

Finally, when you start seeing new spam using certain words or subject lines in your own mailbox, simply know that these will start showing up in Spam folders soon. Make note of those words and phrases and know you should avoid them as well.

Deliverability Tip

To check your deliverability before you mail, you can purchase Spam check software that will help you verify that your email is free from identified Spam triggers. Another way to check your deliverability ahead of time is send your finished email to yourself and one or two friends that have good email Spam filters. If you do this before sending it out to your entire list, you will be able to see if your email scoots past the Spam filters and actually lands in the inbox. If it does, you can be reasonably sure that your email will get delivered. Now the challenge is to just get it opened!

© Karen Porter. This article may may be freely published provided all content is left intact and the author bio/resource information below is included in its entirety.



By: Karen Loye Porter

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