Banks Financial Analysis

Did you ever see a show where Marilyn Monroe lookalike fake or Tina Turner or even Cher? It looks very much like the real deal that can barely tell you the difference!

While this can be very entertaining when you pay to see such a show, and sometimes it's not very funny. People come to me regularly with a bias before its formation. Last Why? Because they've come face to face with the merchant bankers like him or financiers of the project, paying money for their services, he did not receive funding.

. What's going on? Well, one of the first things you should watch out for lenders / investors, who call themselves the "bancs". Not "bank" but the "Bank" - the difference? Fake banks! There are lenders there are those who call themselves bancs, such as "national body" or "investors bench" or "body vigilance." This is not in fact the banks, and can not guarantee funding like a real bank would, so watch out for those vampires.

There are also brokers fake there (shocking, I know). These brokers rely on fees, and will make customers believe they have the money, either on its own or to invest connected investors with "deep pockets." They will collect their fees and then it will disappear (and this is why our image up top have the money monopoly - it's just not real, and not for these people).

even while clients reach me, they often have been "played by these types of people and institutions once at least, and sometimes twice, and they come to us full of fear and complaints. They do not want to sign up fees, but they do not want any kind of money exchange. they just want 100% financing. Unfortunately, this is not the way of things, and you've got to put fuel in the car if you want it to run. but let me say here that if you are looking for funding

1) always doing your own research. look in the background of the financier and make sure they are who they say they are.

2) If you're in talks with a broker, find out if they belong to any professional associations

3) check the title! you will be surprised at what you will discover an imminent simple Google maps - and we know of people out there who call themselves financiers or middlemen, and when you search for the title, they're working from a small apartment in a random street !

4) Beware of false promises. If what is being promised it seems too good to be true, it is.

At the end of the day, and sometimes it come down to a gut feeling. Trust your instincts. This is why the merchant banker Secretary financier would welcome a chance to meet either in their offices or through electronic conferencing. Sometimes there are unsavory characters, and there are a lot of scary stories, there are people who cheat. While I am certainly not part of the fakers club, and I am well aware of them, and we hope to address them here.

all day for business or small business owners know and respect the importance of having a plan of action. But most of them in favor of him for their company after it has been used to invest remain hidden. Thus, it is important because it plays an important role in the growth and development of your business.

business plans are documents that clearly describe the objectives of the company along with all the big and small details about it. It is almost like the blue print how you plan to build a company or your organization. At the same time they play an intermediary role to communicate over for investors and banks.

Not only do they went to register a company toward its goals, according to the strategies and believes that it is, but even in the management of your business depends on the business plan. Before you finish writing a plan to have only a faint idea of ​​what you plan to achieve milestones that want to conquer. After writing the plan, and to clarify its objectives and prepare a plan of action. He describes everything about your organization.

position in the market and the products or services, a brief background story, target customers, and your budgets, your finances, strategies, and so it contains all the details related to the amount of money you need to start or proceed. It is a financial instrument.

final work plan, ready can provide guidance for entrepreneurs to organize and create ideas to move forward. It will also contain details of where you stand your company now, where it is going, and where they plan to go. You can break down goals into milestones to be achieved in a year.

If you were not the work may upgrade your company's plan, now is the time, a lot depends on it.

you may wish to. Read more in: you might want to. Read more at: write a simple business plan and sample business plans you an example of

small entrepreneurs and owners of small businesses that have less than five employees and has a startup less than $ 35,000 costs and annual revenue less than $ 100,000. There are approximately 21.5 million small entrepreneurs in the examples of the United States from small entrepreneurs and owners of bakeries, beauty salons, child care facilities, repair shops and art shops and crafts, business painting and contracting companies, shops, family-owned, car bodies, small restaurants -scale, and businesses small inventory.

small entrepreneurs face many obstacles in obtaining financing for start-up, and they sometimes lack the skills necessary to manage the financial side of their business. As a result, it can be many small entrepreneurs do not grow and develop their business beyond the small projects. Various small projects achieved great success and growth of the owners of small enterprise development programs have helped. These programs have helped the development of small enterprises often small entrepreneurs who lack the necessary means to get a loan, or those who have a low credit rating or not by providing them with training and support, and help develop a clear plan of action, and to help build their guarantees. Owners of successful small businesses a lot in the community through the creation of wealth and economic assets have contributed, and provide job opportunities.

How to Become an Entrepreneur Micro

It is essential to studying the market carefully and understand customers that the market before deciding on the type and the type of product or service It will be presented.

Here are some suggestions:

work to develop a sound business plan by doing extensive research and request the assistance of various small enterprise development programs.

make arrangements for startup capital through the use of savings, and opted for a microloan program, or apply for a grant.

Do market research coverage, and get the necessary training and skills required, and learn how to use technology to help manage your business easily.

study the competition and analyze how you can improve them.

get a good retail space to run your business as well as deciding on the price, and make sure they are right and hit profit margins. Decide how to take advantage of the profit, and if you want to save or re-invest and expand your small business.

make sure product quality never compromised and that the customers happy and ensure customer retention.

assistance to microentrepreneurs

small businesses in the United States in need of training and workshops, skills development, as well as assisting in the use of technology to help manage their business owners. Some small business owners need access to funds readily available to start-up and growth. In order to encourage more people to become entrepreneurs, federal and state, and the private sector must make adequate funding available for such projects.

with a little effort, you can find companies that sell their services, as well as products to help successful business management. You can even seek professional help to arrange business loans for small businesses.

Can you financially if facing the ruins of you need but do not have insurance against disasters.

the existence of insurance coverage of disasters to mitigate the loss of not only a smart decision, and it is also a condition by lending institutions such as banks and credit union. Insurance companies are the backbone of modern civilization. You will not be able to get a mortgage to buy a house or a car, or in some cases a business loan without insurance.

home insurance:

have houses and insurance coverage are many things that can happen to your home, including the shooting and robbery owners etc. are included both the structure and the contents. Since there are many if not most of the losses will also have no coverage is important to take the time to read your policy and understand what is excluded.

renters insurance:

I am willing to bet you that if you ask people you know who rent if they have renters insurance, and most of them answer this did not do so.

renters insurance is probably "the best buy for the buck" as far as insurance is concerned. To pay an annual sum that's probably less than the salary of weeks and most of the tenants can buy renters insurance and enjoy peace of mind knowing that is covered on the furniture, clothing and other personal belongings.

let me encourage you wholeheartedly to buy some renters insurance, and if you are a homeowner renting part of your home must encourage your tenant to buy renters insurance.

know who your attorney if you can insist on renters insurance as a condition of the lease or rental home or apartment. It is so important.

flood insurance for homeowners:

flooding from rising water levels, and should not be confused with the water damage caused by roof leaks or wind-driven rain. Also remember that the president did not have to declare a disaster for you to claim payment from your policy of flooding. Not covered by

floods by policy, your homeowners' and so if you want flood coverage will have to buy an insurance policy against floods.

when you're shopping for a home it's a good idea to do some research in the area you are planning to buy a house to see if it is in a flood zone.

Although you do not have to be in a flood zone to buy flood insurance, the cost will be much higher if you are in the floodplain is called "flood zone risk "(SFHA).

your insurance agent can check the map of the flood to find out if your area is at high risk, medium risk or low-risk area.

the maximum amount of coverage that you can buy your home from $ 250,000 and the contents $ 100,000. this will be different if the two family home. will it be enough to rebuild your home building you if it got washed away in the flood? Keeping this in mind as you shop for your dream home.

flood insurance for tenants:

as renters insurance will provide peace of mind for you and your family, you must be aware that it does not cover floods, will policy your angel floods do not cover your stuff too.

Take my advice and also buy flood insurance, in an inexpensive and will be one of the best you can for your purchased. The maximum you would be able to buy $ 100,000, and will afford you peace of mind knowing that there will be financial help for you if you have a loss ...

hurricane catastrophe insurance:

most insurance companies will not cover you if you all a very big discount in politics homeowners own for the damage the hurricane. This is usually a percentage of the amount of your insurance in your home ranging from 3% to 7%.

Here is an example: Let's assume that your home insured for $ 0,000. For a discount of 5% ($ 10,000), and hurricane damage to your home is $ 50,000. And you will not pay you $ 40,000.

Are you able to come up with a discount of $ 10,000 to repair your home if it was damaged? What if the damage is less than the deductible you have? You will not pay anything by your insurance company. It should be a contingency fund disaster insurance, your amount equal to at least L_khasm but recommended definitely be more than that.

earthquake insurance:

Do you live in an area that is known to earthquakes? If so, then it should include insurance plans against disasters your earthquake insurance. Be aware that your homeowners policy does not cover you for an earthquake.

Many insurance companies offer special "earthquake insurance" Although the coverage is not mandatory unless required by your mortgage holder, can be deducted up to 15% and more in some cases. This is important to know when shopping for a home as you put your house maintenance budget together.

Tornado Insurance:

This is the most devastating of all natural disasters. Could be hurricane tore through the neighborhood, such as chipping leaving only rubble unrecognizable behind. Unfortunately, there is no "Tornado insurance" available. You'll have to rely on homeowners insurance to cover you.

I have spent some time on the floods, hurricanes and earthquakes insurance because they are the most common natural disaster. But this does not mean to ignore the many other natural disasters that can be exposed if you live in these areas.

Speak to your insurance company or agent about the extent of coverage and if there is a mandatory deduction that is applied to a claim if there is damage to your home.

and after spending some time in the insurance agent as well as a real estate agent to warn my clients the importance of adequate insurance. As a real estate agent I remind them as much as I remind you that before you buy "Think about how easy or difficult it will be to sell your home if it was in an area known for a special kind of disaster."

having the proper equipment at hand will also go a long way in the preparation of your

There are two types of foreclosures. Mortgage judicial and non-judicial foreclosure. Only 13 states, including Arizona foreclosure process is also referred to as judicial notice of sale values. Lenders and mortgage companies are still reserves the right to judicial foreclosure process, but this type of operation is more time-consuming and expensive. We will not discuss the judicial foreclosure process in the following information. We will provide you only with the non-judicial foreclosure process.

For sale values ​​to occur, and you must be 0 days past due on the mortgage payment home. 91st day is also known as the lender is the beneficiary has a legal right to begin foreclosure proceedings. Mortgage company or lender to raise "trustee sale notice" with the Office of the County Recorder. Alive, be handed a copy of the notice to the home or any other person having an interest in the property. Arizona law provides that "the sale of auction values" can not happen until after the registration of a notice values ​​the sale went through a period of 0 days.

at any time before the auction, the owner of the house has the right to "do good" on their own note, either by catching up on past due payments, In short sell the house or working out a loan modification with the lender. If the home does not have one of the above treatments not filed for bankruptcy and the expired time frames, then it will be a contract of sale values ​​in the office or a lawyer in court.

lender will determine try to open or attempt to "credit" for the property. This tender amount is usually the amount the lender is willing to pay the price of the property. If they are not bidding on the property by a third party investors and property back to the lender or beneficiary. Once the lender is 100% controlling interest in the property after it becomes "owned" home bank also known as the (real estate owned) home REO.

investor or what we might call the "third party" (Anyone interested in buying the property) has a great financial opportunity when buying at a trustee sale. But there are some requirements that would keep many of us from bidding on a house in sale values. One of the rules of the sale values ​​is an investor or a third party should have a choice of Treasurer in the amount of $ 10,000 paid to values. If you do not try to win then your $ 10,000 is returned to you. If you are winning bidder will have the full purchase price to pay within one business day or you'll lose your earnest money. So you should have already been on loan or cash in the bank.

a new article in the June 3, 09 from MSN Money writer Michael Brush indicate that there is a third wave of foreclosures still comes from the major borrowers ( ie those formerly "safe borrowers" with proper credit and fixed-rate mortgages) as a result of the loss of jobs due to the deterioration of the economy ( "to come: 3 and a wave of foreclosures").

The Article provides that, "that those borrowers who were behind on their mortgages or in foreclosure ratio has doubled in the first quarter of last year, to nearly 6%," and goes on to say that "credit predicted Suisseanalyst Rod Dubitsky last week that 8.1 million mortgages, or 16% of all mortgages, and will go into foreclosure over the next four years. the weakness of the economy, and the continued decline in housing prices and rising delinquencies among borrowers Prime Minister all but sure to be imprisoned " will march steadily rising, "he says," this is not great news for the economy, but the really good news for entrepreneurs interested in starting a business news foreclosure cleaning to clean and repair foreclosed homes for banks.

To put this in perspective, this means that there will be more than 2 million foreclosures in the year, and more than $ 2.025 billion up for grabs in the money that will be spent on cleaning up the foreclosed properties (since the average bill $ 1,000 + one for cleaning of these properties).

Let's take a look at how next mortgage could be setting yourself up to take advantage of this movement

prepare your company properly

if you want to be hired to clean or maintain the work, and will need to run your business as a professional. The good news is that you can create a business quickly and inexpensively, usually alone. Many people decided to establish a limited liability company (limited liability company) and because of the way quickly and easily it can be done, but you'll want to check with your accountant or other professional business to determine the type of business entity that's right for your personal situation.

If you decide to start a limited liability company, you can usually find all the documents that you need over the Internet from your state government website. And usually it will be called the branch you're looking for "Industrial Committee" or "Committee of the company" or something like that. Try typing in "starting a business + ______ (your state)." Anything ending in. "Province" is usually a good place to start because it refers to the government website.

Once your business appointment, you will need an Employer Identification Number (eye), which is similar to the social safety network for your business. You can register for one on the Internet: Type in "IRS" and "eye" in the search engine to find a link to register online.

Once you have your eye (which you can usually get online immediately), you can open a bank account work for your company. This step is very important too. In the excitement of things, and get a lot of people trapped in trading today after a day of business management and the use of their personal accounts to pay for business expenses. No, not just this casually accounting nightmare at the end of the year, but could provide problems for you with the IRS if you do not keep your personal and business finances separate.

Once legally set up your business, you may be required to register your business with the province or city in order to obtain a work permit to work. You can start by calling City Hall or the Office of the County Clerk to inquire about whether or not you need to City / County / State business license and, if so, how to get one.

So to recap:

1. Put up your business legally
2. Get # appointed and set up a bank account business
(3). Applying for a business license
4. If you want to do conservation work, and determine whether you need a Contractors License

get insurance

you absolutely must have an insurance commercial liability and workers' compensation insurance in order to run your business. Not only is the insurance necessary to protect yourself from liability and protect those that work for you in the event of a work injury, but many of the asset management companies not to do business with you if you do not meet their minimum insurance requirements.

, insurance is likely to be one of the largest costs for your startup, but most insurance companies will allow you to pay premiums on a monthly basis (rather than annual) basis, which certainly makes these expenses more affordable.

general liability insurance policies can cover the following: bodily injury, property damage, contractual liability, personal and advertising injury, professional liability (also known as errors and omissions (E & O) insurance, this coverage protects you and your business caused by litigation charges of professional negligence or failure in the performance of their professional duties your own) that, cars and compact cars is the responsibility and liability umbrella.

you want to talk directly with your insurance agent to get a better idea of ​​the extent of coverage provided by a specific policy and one that is best suited to meet your individual needs

is required to secure workers' compensation in most states when you have a W2 employees, also require some states insurance to cover the 1099 Contractors as well. "Compensation (" workers in companies of workers ") covers medical employees, disability-related illness and injuries at work and work related to the head of the expenses.

in countries where there is no need to cover the 1099 contractors you need them to provide proof that they carry compensation insurance their own workers. Although it is tempting to turn the financial burden of maintaining the policy of the 1099 contractors, in all actuality, you're probably better off to bear the cost of compensation for staff workers "(W2 all employees and contractors in 1099). The reason is that it is difficult to find independent contractors only started to have their own policy. In addition, the industry has such a high turnover because if these restrictions placed on your independent contractors, you will waste precious time and lost revenue are trying to find a replacement in a hurry.

Here's a great tip: Sometimes you can get a "pay-as-you-go" insurance where your workers compensation insurance premiums on the actual salaries of your own, rather than the estimated amount. This is great for companies that are just starting out or have a fluctuating workload. Type in "pay as you go corporate workers" in to get results in your search engine.

The second party, we used the Farmers Insurance for years and have always had excellent customer service and great rates. Just Google "Farmers Insurance" for an agent in your area.

Foreclosure Cleanup for-service property preservation

As the name suggests as a cleaning Foreclosure, you'll be cleaning all the junk in the house (also called and "trashout or" scrap out "), as well as cleaning the interior of the house. there may also be required to remove the vehicles on the property. foreclosure cleanup companies usually also responsible for performing clean the scene, which includes hauling out any unwanted forward / back yard, cutting the grass trimming trees / shrubs.

clean the property over the services provided by the clean Foreclosure Company, while maintaining ownership company is also involved in the "lock" of the property and "protect" the property

here are some of the services that the company preservation may offer (Note that the real estate company to maintain in general will also offer cleaning services):

property insurance
Q inspections initial property is vacant
o changes Lock
Q ascent from windows and doors
o fix a temporary roof
Q swimming insurance pools

maintain ownership
o remove the outer debris
o remove abandoned vehicles (cars, boats, etc. )
Q internal remove debris (junk out)
Q disposal of hazardous waste
o interior cleaning services including carpet cleaning [remove
Q washing window / Graffiti
o Replacement window
o Services Swimming pool (drying and acid washing, preserving, etc.)
oversight Services Q lesions
Q Yard maintenance / landscape
o snow removal
O for winter
Q gutter cleaning
o pressure washing
Q carpet removal and replacement of
Q Balata / repair the floor of
o drawing
Q sheetrock / repair drywall
Q carpentry repairs
Q healthy repairs and replacements
O fire and mold remediation
fix Q fence

here are some things to consider when determining the services you want to provide:

and Contractors company cleaning Foreclosure but likely required for companies to maintain the work of more than a certain dollar value (usually $ 500 - $ 1000 +). Sometimes this license can be obtained by attending the session and pass the test successfully in other countries, while the former, in the field of industry experience require verifiable.

insurance premiums tend to be higher on the companies that provide services to maintain as they are considered to be a "general contractor". However, the potential returns are much higher as to maintain services tend to run from a few thousand dollars up instead of $ 800 for each $ 1,500 of- Klnoot.

usually what people do is to start from the beginning only offered a foreclosure cleaning services and then when things pick up, they'll add items to maintain the list of services they offer. This let's them get on their feet in the door without having to spend a lot of money upfront when setting up their own company.

source the right equipment and tools

The great thing about the establishment of a foreclosure cleanup company that is a very low initial outlay as much of the equipment and tools necessary for can probably foreclosure cleaning foreclosures can be found in your garage:

o cleaning chemicals (ie, all-purpose cleaner and disinfectant, toilet cleaner and clean the windows)
o cleaning materials (broom, mop, pads rubbing)
o vacuum cleaner
Q garbage bags and shovels
gloves Q work and plastic gloves, disposable
mowers O decorations garden tools
Q wheelbarrow

and for small goods that do not have on hand, checking local dollar store. Prices can not be beat, and they usually have the same chemicals and cleaning agents, such as other retailers. Once you start doing some size, consider shopping for your supplies at Sam's Club or Costco to keep your expenses low.

You can also find used equipment in great shape (such as blanks) through circumvent your local Saturday morning garage sales / yard. If you have a "re-use" center or the Salvation Army, you might consider checking there also because they are often in the blanks and other equipment or yard sale for small tools.

for hauling junk, you have some sort of a big trailer and a car enough to pull it. If you do not have a truck and trailer, you can always borrow a truck and hire a friend of the U- Haul trailer or just go ahead and hire a moving truck from U- Haul. (Remember though that you'll be charged the daily rate plus the rate per mile when renting a moving truck while if you use your truck and just hire a towing a trailer, you have to bear all the daily rental price of the trailer.)

sometimes you have to be there is a need to clean up the property that you do not have electricity or water. In the event that there is no electricity, you'll need a generator to operate the vacuum cleaners and other electrical equipment. These can be rented at Home Depot or Lowe, a much better alternative to buy one outright, but if you're going to use it on a regular basis (new and one run you about $ 500 +).
to save expenses, it is better to rent the equipment at the beginning.

Once you get up and go, it may be useful to consider buying your own equipment. Check the online classifieds (like Craigslist, Kijiji and Backpage) used for trailers, generators, etc. You should also check with the U-Haul where they were selling some of the excess trucks recently.

stay safe on the job

as a business owner, you are responsible for maintaining safe staff while working on the job. Work safely is critical to the health of employees and the reputation of your business (and also keeps the low your premiums). It's imperative that you review safety issues before allowing anyone to work on the job - should provide both classroom and training in the field of safety at work of all new employees head.

now, it does not have to be anything fancy. You can spend 20-30 minutes reviewing safety policies, safe working practices and to answer any questions, then you need to do! Make sure you have people sign in and out of the meeting and that you documented the safety of the meeting took place.

It is also very important that you become familiar with OSHA safety standards and as well as health and safety risks associated with the industry so that you can keep your staff your safe and avoid accidents and costly fines. You can find Pocket Guide to OSHA construction safety (it's short and easy to read) on the main site (OSHA DOT GOV) by searching for the name of the report.

There is another way to protect your employees and your job is to make sure that you check references before you hire someone. Insists that it is a list of references is not relevant (ie not a mother, sister or best friend) and instead references list of previous employers or someone they know in a professional capacity. We are also drug testing and background checks - may seem paranoid to some, but the safety of our employees and property of our customers and our company's reputation is far more important than the risk of not spending $ 20 on a background check or drug test.

prices of services in your right

in the industry, the lowest price always wins tender (unless, of course, the lowest bidder has a track record of terrible failure to complete work which is completely non-professional and non-official, in this case the company has only committed to "reputation and suicide" and will never be hired again). Lenders do not want to spend any more than they have in these properties so you want to make sure that the price of your services, compared with the market going price (but at the same time, prices are so you still achieve big profits, and don`t leave any money on the table).

to clean foreclosures, most banks expect to spend between $ 500 - $ 1,500 for Klnoot] (trashout and the interior is clean and initial cleaning horizontal), but can be a little more or a little less, depending on your area. It is important to know that most of the lenders described as "price caps" for the maximum amounts they will pay for services.

also that if you provide preservation services, a great location and we 've This E used by the pricing we have to do reforms is Www.CostEstimator .com for the construction costs of market prices - you can get
a free 30-day trial (no need to enter credit card - it really is free!). There are more than 3000 items cost adjustment for more than 210 local and geographic regions to create your offer and you can add many others as needed. If you want to subscribe after the trial, it's only $ 15 / month.

services market

is true - "Nothing happens until someone sells something" ... and you will need to get out there and sell, sell, sell your business. Once you have a few posts, and you'll find that the word of the Declaration and referral and provide the mouth of a wide range of new business opportunities for you, but at the same time, you must do everything possible to let customers know that you exist.

a large part of the work will come from the relationships that you build with real estate agents ( "Agent"), which is listed bank owned homes (often referred to as REO listings). Often given the task of tender of cleaning and repair of new listings by the asset management company so you'll want to make sure agents in your area known recording company handles this kind of work.

There are a great way to find out which brokers on the list of your local and regional economic organizations is to go online to REO sites and "mine" the Principal Bank for contact information database of clients insertion (name numbers, phone, e-mail). It can be hard work, but definitely worth it.

Here is an example on sites REO bank to get you started collecting information broker

Wells Fargo (managed by the Prime Minister properties assets services): pasreo.com/pasreo / photo / pas_logo.jpg

NOTE: In order to get the information agent, select a state and click Search. Then, individually select each menu and click on the "Print ownership CVs report." (Such as name and agent, phone number and e-mail) will be created for each list and corresponding information in the Excel spreadsheet. You can access the page

remember to follow up with a phone call a few days later. Do not be shy to ask the broker if he / she had any work for you to bid, either - most of them very accommodating and willing to give the new company the opportunity to provide estimates. And try

function is another way to get out through a large asset management companies (also referred to as marketing and management companies, REO field service companies and property management companies). Basically, the lender says, "Well - I have thousands of real estate to get rid of here, the national asset management company ABC: clean, repair and sale of these properties for us." Will the national asset management company then subcontracted the work to clean up the mortgage and maintain the property of local companies. In order to work for these companies, which usually need to register your company's potential as a salesman. In many cases, this can be done online.

There are both positives and negatives associated with working for large companies. On the positive side, you are likely to get a few projects to work on at a time so it will be kept relatively busy. On the downside, they usually want you to offer "wholesale selling prices" and do not pay until 30-60 days after the bill for them to work. To work for one of these companies, however, it will give you the experience you need to go after more work.

other possible wholesale property investor clients (a group of investors who buy foreclosed homes at auctions and then sell them to small investors at a wholesale price), investors, and owners of real estate, property management companies, brokers, and so on.

You should also consider attending events such as meetings of local networks Chamber of Commerce meeting and any local investors in order to hand over the card and communicate with potential customers. Good luck and God guided you!

Not long ago, all the jobs used to be calculated manually, without any help from a computer. Professional accountants invested a lot of time and energy to keep track of all the data, files and employee information, calculating monthly salaries and bonuses every hour, bonuses, sick leave, benefits, taxes, discounts, and so on. And they did all this by keeping several files filled with a record of each and every person who works.

These days, however, there is something more simple than they were much it. Because technology is always dedicated to making things easier and better, quite a wide range of computerized payroll systems available to save us from this arduous task. Now, instead of keeping dozens of files and spend endless hours account, all you have to do is to get a payroll software system and let it do all the bad work.

hand compared to a computerized payroll system? It's really called no comparison. Salaries manual system is doing everything on the one hand, while one computerized enable users to store unlimited data, keep track of everything. While with salaries manual system you have to keep track of all time employees on the one hand, with the payroll software you can automatically transfer all the punches or swipes directly in the system, which will store them on the spot. It can even separate the normal working hours of overtime, calculation of different bonuses according to set parameters. If traitors human error in the manual system even with the salary most organized, and a computer program to provide accurate payroll accounts, regardless of the amount of data stored.

computerized payroll software systems to save time and money, they're very easy to use, and they are also very practical. There are several different types of payroll software systems, with many of the features and functionality or benefits. Of course, the price will also vary according to the type of software. All programs, however, include the basic to store employee information, files and records of features, users will enable authorized to enter, view or change information at any time. The basic features include addressing salary, direct deposit options, salary reports, tax reports, discounts, and Weir reports quarterly and annual and many others.

Moreover, while the salaries of manual system you have to do everything yourself, which is a computer program that payroll will automatically calculate the frequencies payment, legal employee deductions, 401K contributions, bonuses and medical benefits etc. basically, all you have to do is to enter all the data on which the discounts, the program will deal with everything else.

In conclusion, compared with computerized software systems, and Payroll System manual takes valuable time, resources and money. So instead of wasting precious time with tedious accounting functions, allowing the software to calculate their salaries, while you are working on the development of your business, and increase production and revenues.

What is the motivation? It's a question I have been asked many times. I've been working in the field of motivation for 17 years now. Not only my career is my passion and something that I enjoy both learning and improving in others, and also taught myself.

I feel driven to write this article because of what I see happening around me now on a daily basis. A lot of suffering and feeling beaten and bruised because of the incompetence and greed, which now seems to govern our world. Politicians self-serving and the lucky few who seem to run our governments to achieve personal gains on the machines large companies that seem intent on fleecing every penny of us just a "floater" can be hard just to keep yourself going.

in this series of articles I will endeavor to help you understand.

· What is the motivation and mechanics are increasing our own motivation

· How can we make sure that we are "motivated by positive"

· How to overcome obstacles so it can often weaken and dilute our motivation 'positive'

I do this because I really care, I do this because I know that your life, my life and the lives of every individual can be so much more fulfilling and rewarding with only a few disk is a little too simple of the way we look for ourselves and the world around us.

for that, "What is the motive?

first" stimulus "is just a word, and the dictionary definition is:

incentive

name

• one reason or reasons for doing something.
• (2) the desire to do something. enthusiasm.

the first definition of "justifiable to do something "is the most accurate and concise definition. in all these years I've been working with members of the huge range of backgrounds and professions, it is very clear that we are always motivated. with all the work and behavior of the offer evidence of our motives and what our motivation or do. even sitting here reading now this is the motivation for you!

The point is that the motive is a constant, it drives everything we do and all the findings / results we achieve. this is such an important point if you really want to understand the motives. often people associate with the wrong motivation positive actions and positive outcomes / results, but even when we work and act in a way serves no tangible benefit to ourselves, we are motivated to do so.

see is the motivation and incentive by the emotional state we have, and how we perceive both ourselves and the world around us. Recently I have been working pro-public interest with some of the customers of the unemployed in the long term. My client really smart, capable and competent individuals who have been at the heart of the economic storm that has swept almost every one of us one way or another. One man in particular, and will call him Adam for this article (a pseudonym to protect his identity), is a good example of both positive and negative motivation.

Adam successful and driven career. Until the end of 09, the performance of the sales manager in the printing industry. Playing golf, he has a nice company car, and went on two holidays a year, and lived a very comfortable life with his family. Then work had helped in the development of got into financial trouble. They performed and it was a good customer and sales team performing well base, however, the company has expanded in 08 and borrowed money from the bank to increase its production to meet demand. This religion has swept the ultimate business and the bank was unwilling to renegotiate their terms even considering temporarily difficult trading conditions. Unfortunately, quite suddenly, in November 09 forced the business in insolvency. Adam lost his job.

I first met Adam time after he was made redundant. He came to the club executive work you've set up for one of my clients. It was my first impression of him was that he experienced significantly, efficiency and marketing too. He expressed confidence that he can find a new job quickly and looking in his autobiography, and I had to agree that it would be an excellent candidate for any company seeking to improve the function of sales. Adam was confident and positive joy to work with. He not only played an active role in the club's post for himself, but was excellent to work with and advise some of the other members. Then one day he stopped coming. I heard nothing from Adam that assumes that, for understandable reasons and I am sure you will agree with me, that he had found another job.

I next encountered Adam May 2011. To be honest I did not actually recognize him. It was a shadow of himself. He looked disheveled, beaten and brow beaten. And it has had a positive air deserted and drive him and he now is an aura of cynicism that followed in the room. We sat down and we talked and I saw such a difference from someone I met for the first time a few years ago. He went positive outlook and confidence. The smile and the desire to help others and share experiences he has gone. Replaced by these positive qualities with bitterness that seemed to take over the whole of his being.

I share this story with you because it shows the good and bad of the stimulus. It shows how our understanding of ourselves and the world around us has a direct impact on our behavior and stimuli we have that in turn affects the results that can not, achieve. See Adam stopped coming to the club and the job not because he found a new job but because he had run out of time and money. The bank is trying to recover his home and led him into bankruptcy. Adam stopped coming, also admitted later, because he was ashamed of the situation in which he found himself in a really believed it was no longer possible to help the other members of the group as a whole (the pride of working in funny ways sometimes!).

and Adam is from the year 2011, as I mentioned before, swept and overcome the bitterness. We sat and chatted for a few hours and I heard, unfortunately, is what I'm here often caught in similar situations. Adam unleashed a tirade of vitriol negative against what has become of our society. Zawahri criticized banks and companies to destroy the fabric and stability of our economy, and viciously attacked the government of pandering to the banks and corporations while leaving the hard work of individuals sincere to suffer and lose their homes and their pride. He was, at face value, a different man.

Now, I'm not in any way critical of Adam. In fact, I totally agree that we do not live in an era where we, the people, and played the second round for those who are in power, as you will no doubt guess from my perspective maneuver the opening to this article. The problem was simple, what good is this doing to Adam? How was the service? More importantly this article, how had it been carried out his motives?

he asked Adam about his current activity search for a job. What he was doing to improve the status? The answer I got is very common in the current climate "Nothing, gave up months. I mean, what is the bottom line! There are no jobs and there is certainly not a man, 52, like me. No one wants and worked 52 years for them when they can have some young graduates a much lower salary. "

Note: at this point I feel it is important to point out that faced many" graduates "who can not find suitable work as people do in the age of Adam. Age is certainly no barrier unless you perceive it to be.

So, how does this clarify what is the motivation?

As I wrote earlier: "Motivation is a reason to do something,"

even if that something "is nothing! Adam, like many, his condition allowed, and all of the negative experiences / painful affect how he saw himself. and he had to imagine himself has been muddied by external influences and the reality-based, direct and falling up in, and the recession the most any of us economic may have seen in our lives. this was the effect of changed motivation for him because he had changed his view of the world in which he lived Where before. all this happens he is looking forward to get out to the world and seen hope and opportunity and the possibility that he now is not only the suffering and the pain and anguish felt., where before it was driven to achieve and find both the same solutions and do now was motivated to do anything and floundering. the actual driver of this change in the motivation is very common ( some of reading this will see similarities in your own experiences) he, like all of us, and was driven to prove himself right!

now, this is no different from when he was director of sales performance. he believed in himself and that an executive competent performance and high and his actions and the actions enabled him to prove himself right through the development of the professional team and the successful sales. However, with the change of heart in the way it is now seen himself, "a man (52 years) on the scrap heap of life." (Note: his words not mine), his actions and the actions came now and again to prove himself right.

worked with Adam in the next three weeks, and attended my training "session to break your shell. Began to realize what was allowed to happen to himself and began to take ownership of his own self-perception. During those weeks, he (the man who met him in 09) returned, he began to realize that the fact he has a lot to offer any business, and was highly skilled and capable of very skilled. he can be a valuable asset to any business and that it was both a marketing and unable to work. he took a job after four weeks . not because of our conversation, though, that sometimes we all need a reaction a little personal to begin rehabilitating best of what we really him, and can be, but because he remembers of it. good and able man who finds solutions and achieve positive results, and he went out and began prove himself right.

so in conclusion the answer to 'what is the motivation? the answer is as simple as a "reason to do something." what I hope you get to read this article is that it is up to you to decide what it is do you have. My advice is simple, remember who you are, and think about what you have done and can do, and see yourself in the most positive way that will ensure that you go to prove yourself right.

I hope you find this article useful in some way.

greetings and good fortune,

Richard.

if you want to start your own company will take a little money to begin with, and on your feet. Banks put a lot of things into consideration when you ask them for money for business start loans. Here are five of the most important considerations when you want money from a bank for a loan to the new company.

1. If you want to get money from a bank the first thing that will be considered with a business loan to start your own credit operation. Must be healthy credit score that looks great. If your credit is bad it tells a lender that you do not pay off your debt, this may prevent you from getting a line of credit.

2. Experience is a big factor when you're hoping to get a business startup loans. Must have years of experience in the line of work you want to start your own business, you should be able to convince the bank that you are the right person to open the company. The Bank may think you have a better than ever the idea, but if they do not think you're skilled enough for the company to generate revenue or business that you will not make any money.

3. assets is another factor that lenders want to see. When trying to secure business loans startup must have some assets worth the money that the bank can secure if they feel they need them. If you have something worth any value and ask for money to start your own business you are likely to be turned away. Banks want to see you are serious and when the asset is secured with money that you know you are.

4. collect some money down for a business loan to start. The best way to show the lender that you are serious about your new company through a healthy piece of the money as a down payment. When you have a down payment of 20% to 25% to start your own business bank is more willing to talk to you. The size of the down payment may well even make the bank look past your bad credit.

5. If all of the above factors do not fall in your favor and you may try to find someone who can take part in the signing of the loan with you. The lender will want to know if you have someone who will come back to you that you're good for the money. This person need to have good credit but can be regarded as a silent partner in your endeavors. In most cases, a friend or a loved one is the best person to ask for cosign startup business loans.

If you're looking for money to get a business startup loans you should consider many things. A bank wants to know that you are financially in a good position, qualified to run the business, why the business will do well and many other things. It is important to secure a loan, but you may need a down payment, good credit, assets, or even participating in the site.

poverty as weapons of mass destruction (WMD) from the modern world. Eliminate it holds a very important. Economic systems like capitalism and communism has made a number of instruments to alleviate poverty in the world. However, these extreme to meet the need of people failed ideologies. No private property, the policy of laissez-faire capitalism and class war and dialectical materialism, state ownership of property of communism do not touch the real cause of poverty. This situation requires the possibilities of Islamic economics seeks to alleviate poverty. The aim is to alleviate poverty can not be achieved, the Islamic economic system through the reduction of inequality. It never means to achieve equality, but equity and justice in the distribution of income and wealth. Islam eliminates the absolute lack of equality that arise from inequality in income distribution, but the relative disparity comes out of the equitable distribution of income and wealth.

first part of this article is a small introduction to both conventional and Islamic economics economy. After that presents a picture of the poverty of the current world and the Islamic perspective of poverty. Then Islamic economics tools for poverty alleviation such as zakat, alms, loan-Hassan, ganima and five fay, tribute and speculative participation, and the prohibition of interest, and the abolition of extravaganza, banning speculation and hoarding have been mentioned in a short period. Islamic been handling the impact of economic instruments on the marginal propensity to consume, multiplier, and investment with the price and production.

books and articles that I have referred to this article Islamic Economics Dr. Dr.Sabahuddin Azmi, economic and job SM Hassan Osman in a Muslim country (the first test), toward the understanding of the economic system in Islam by Dr. P Abraham and an introduction to the economic system through Moulavi.MVSaleem.

Introduction

no one can undermine the importance of the economy, which is the social science that studies the production, distribution, trade and consumption of goods and services. This same importance and the economy resulted in the emergence of different economic systems in the world, and all those economic systems claim that they will bring economic well-being. Those dominance and the failure of senior economic system to achieve economic justice and prosperity, and radiation of inequality and poverty make it necessary alternative economic system which can successfully make free of famine and poverty in the free world.

definition of the economy

Social scientists have developed various definitions of the economy. Definition of scarcity Lionel Robinson's economy is the most acceptable among them. According to Robinson, "The economy is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses." This definition is based on two points which are scarcity of resources and needs endless. But in fact the previous command is a myth. The survey, conducted by UNO shows that enough resources 000000000 people on the ground for only 00000000 we have people on earth now reside. The last point "never-ending needs is also incorrect about the desire and greed of man is limited but the need is to count and control.

definition of Islamic economics

as a system of life has not left Islam any area of human life without guidance. whether spiritual, individual and social, economic or political Islam gives clear guidelines parameters. by looking at guiding economic principles of Islamic sources, put the Islamic economy a large number of definitions. based derivation of all Islamic economics is defined directives issued in the primary sources of Islamic law which is the Koran and the hadith.

According to Yusuf Ibrahim, Professor of Islamic Economics at Qatar University, "Islamic Economics is the science of studying directing human behavior towards the use of resources to meet the needs." this is based on the definition on the following facts.

1. sufficient resources to meet needs.

2. but we must protect the resources of waste and improper use.

3. human behavior towards resources by divine commands .

4. Only legal needs, needs that build life on earth, you should be satisfied.

5. needs of illegal (desires), which destroy life on Earth, it should not be satisfied. They do not expire, it was not convincing.

Islamic economic system, standard economic system, some basic Islamic philosophies. According to the teachings of the Koran real property and absolute wealth belongs to the creator himself, and God Almighty. Koran, "says Allah belongs everything in heaven and on earth" (2: 284) is .Role man as a trustee who is to manage the trust, ie wealth according to the directives of the true owner. Allah. Quran clearly states "and spend it where you make hath trustees" (57: 7). So was awarded man of

conditioned and limited ownership.

other Islamic philosophy is universal brotherhood, equality between men and their creator is one and parents are the same. Thus discrimination on the basis of color, caste, creed, races do not suffer at any cost. This concept is pushing people to cooperate and participate in all their efforts instead of cheating, exploiting and making fraud each other. Another aspect of Islamic philosophy is the belief in the day of resurrection after death. In life after the death of a man he is accountable for his actions on the ground. The implications of this faith is that economic choices one makes in the world are to be judged according to the standards put God constantly.

This is a revolutionary points which differentiate Islamic economics from the liberal, capitalist, imperialist, power, and system usurious economic and communism, class war, the state economic system of dictatorship . Islam builds a world only to the spirit of the eternal divine concepts.
poverty

evil of any economy is poverty. The presence of begging hands in the economy that pulls the economy in decades back. Poverty amid plenty is the challenge faced by the modern world. The impact of poverty can not only shorten the famine, but the poor, regardless of hunger and suffering limited income which leads to a lack of access to good education it is difficult to disable them for careers that require several years of education. Lack of nutritious food results in more child morality among disadvantaged sectors. Since limited access to information and knowledge prevented them from market opportunities.

each country and international organizations such as the WTO, World Bank and Asian Development Bank to work hard to build nations and the world on the foots of self-sufficiency in a row. It described the mission of the World Bank in reducing global poverty and improve living standards. The General Council of the United Nations announced on October 17, the International Day for the Eradication of Poverty. This shows how seriously they took poverty as a problem

, but, asks that out of the 6.1 billion world population of more than 1 billion are finding their livelihoods in less than $ 1 a day and nearly three billion pounds on less than $ 2 per day. It may be provoked that 74% of the total income of the world and will be attended by 20% of the elite class in the world. It is gratifying to you that there are national states less $ 800 and morality income without five children one year of age is about 26%. It is of concern that 110 million children of primary school age are out of school and 60 percent of whom are girls.
.
economy, poverty and Islamic

below the poverty line (BPL) reforms in the Islamic economy system on the basis of ownership of a quorum, which somewhat makes one eligible to pay zakat to those of wealth or a quorum is responsible for the payment of zakat. This wealth is less than a quorum of receiving Zakat and they are treated as poor. Thus, in the Islamic economy, the size of deprived come under BPL be great. Hunger and lack of access to food, shelter, clothing and education can not suffer in Islamic economics, which aims human Falah, any human well-being. It does not support any economic instrument that leads to the denial of man. Since the emergence of poverty in the economy due to various reasons erase it out of these reasons it is important in the first place.

limited income, unequal distribution of income and wealth, and a poor distribution of resources and regional unemployment and social injustice and inequality, decreased investments ... etc are some of the obstacles in the way of achieving self-sufficiency and better. Islam is considered to meet the basic needs of each member of the community economic and moral duty as well as religious ruler. List of commodities ranging from traditional food, clothing and shelter for seasonal clothing, accompanied Profile of a disabled person, and spending to marry the poor and spending on the whole poor family, which has stepped up by scientists from time to time, and is likely to extend the list time to time to the welfare of the citizen. Islamic economic system offers a range of tools divinely guided, which put an end to poverty and build
poverty less world.

Islamic economic instruments to eradicate poverty

advised Muslim citizens in an Islamic province, as part of the belief, and practice some of the things in their lives, some of the mandatory nature and the rest are voluntary in nature. The exercise of these leaves and broad economic effects Apart from the reward of God. Citizens also non-Muslims to make some mandatory payments, which have economic implications, as part of their citizenship in an Islamic country. Obligations and agreements are subject to mandatory citizens by the Islamic state and the violation of any part of an Islamic state will not suffer. In addition to these functions there are other things the Islamic state has to carry out similar to any nation not for the welfare of the citizens. Both have recommended the positive and negative measures in Islam to erase the cause of poverty.

positive measures

There are many Islamic court orders and for the performance of some of the things that have a significant impact on economic justice, prosperity and growth. He briefed below important among them the divine commands and their impact on the economy.

Zakat

Zakat is an annual commitment from wealthy Muslims to poor and do not have a share of the property and wealth of the rich. Koran commends "establish worship and pay the poor due to him (zakat) and obey the Messenger." Technically we can call it spiritual tax. Imposed on those forms of wealth that have the potential to grow in value, producing more than that, it is having custody of a full year and have exceed a certain minimum value called "spotter." Qur'an has mentioned eight specific heads for the distribution of zakat.
due to the divine spirit of the performance of Zakat evasion fewer opportunities. The imposition of zakat on wealth inactivity urges owners of labor productive and profitable wealth inactivity which increases the wealth of the economy on the other's share of the Zakat and again.

grants

charity is one of the voluntary economic instrument. There is no limit eligibility criteria for the performance of the contributions to the needy. It can be converted, apart from the eight heads mentioned for the distribution of zakat, to any needy. It will strengthen the economic effects appeared Zakat.

loan Hassan

an arrangement that interest-free loans for unproductive purposes or for the needy to cover expenses such as hospital expenses, home expenses and education expenses and others that are not making any profits. So it is not able to charge any material benefit, such as a share of the profits, the good qurd. This provision as part of kindness to humans. Individuals in Islamic economics and Islamic institutions such as banks, this type of loan will provide expects the reward of God. Hassan availability of the loan reduces the financial burdens such as interest, from the disadvantaged.

Profit and loss sharing

Islam formulates the sharing of profit and loss as a tool of commercial contracts instesd of interest. The motivation behind this is cooperation between people. In profit sharing, and there are different types of financing, such as speculation (profit and loss sharing) and participation (participation) ... etc.
speculation is an agreement between the owner of capital and the entrepreneur to share the profits arising from the business in the capital case of loss of the owner of capital reduces the owner The project time and effort to loose. Post instruments is an agreement for the sharing of profit and loss, where all shareholders involved in business administration. Both speculative and participation helps people, who have inadequate capital, to engage in work and production and contribute its share to the welfare state and win for their country.

Ganima (war booty), five (five) and Phi

Ganima is the king of the Muslim takeover of the enemy. Divided four five ganima fighting between the army and five (five) of this step ganima fully fund the state, which has allocated a special beneficiaries mentioned in the Koran. Fi are the property receive from the enemy without actual fighting. Generalized this source of state revenue for the common good of all people and public welfare.

abscess (ground-tax)

land tax, a source of income to the state, is a tax imposed on all products Earth. This is actually a lease for use of agricultural land value. Abscess can rate the definition and method of collection by the state from time to time where there is not the direction of the Qur'an and the tradition of the Prophet in this regard.

jizya (poll tax)

jizya (poll tax) imposed on non-Muslim citizens of an Islamic country to secure their property and possessions and lives from being damaged. It helps them to contribute their skills and talent, health, wealth and property for the prosperity of the country

waqf (endowment)

Waqf (Endowment) is a regular source of income that has been allocated and dedicated fund for a Muslim to support charitable and caring activities
state ownership of the land is cultivated:
any economic instrument that hinders productivity harmful economies thriving. According to Islamic law, if they remained uncultivated land three consecutive years lead to the transition from ownership of the land from the current owner to the other who is willing to cultivate the land, and production. The Prophet (s) said, "the original land ownership and the rights of God and the prophets, and then you after that. But who gives life to dead land acquires any property right to it." Another institution, Yekta, promote blood circulation and tax revenue for the state by transferring land uncultivated / dead person in exchange ushr or khraj.

joint ownership of natural resources:

limited individual ownership of natural resources such as fire, water, pasture and salt by Islamic law. People may have combined in the ownership of the natural resources that should be accessible to anyone. This rule allows anyone to use the benefit derived natural goods and ensure that no one away from the natural goods that are easily obtained without any hard work .. Natural Products List, in addition to the mentioned goods, which can be extended to more goods from the time to time. The Prophet (s) said, "People are joint owners in the water, pasture and fire."
There are other sources of revenue, such as the property of the deceased with no legal heir, look with no additional claimants and tax systems.

negative measures

There are some prohibitions of God, which has an impact on the booming economy and the welfare of all the men of the country.
prohibition of interest
interest, in whatever form, has contemned Allah and His Messenger. Quran says, "Allah has permitted sale and hath prohibited riba" (interest). Islam does not support the interest but profit and loss. Must all financial transactions of Islamic economics are free of interest. But the lack of interest in the Islamic economy does not create any obstacle to achieve prosperity, but prosperity to flourish.

ban on instruments of speculation

tools that do not have any advantage to the real economy, such as futures and options are not permitted in Islamic economy. Stock market tools such as the trading day, and prohibits the peripheral circulation, either. The absence of these instruments in the economy reduces speculation which is damage to the entire economy.
effects

implementation of the guidelines of Sharia discussed above in the command economy to the number of positive fruits that make it free from any form of poverty state.
increase the redistribution of income and wealth will result in, when people perform religious duties such as Zakat, donations and endowment and inheritance, fithr Zakat and kaffarath etc ... and lead to wealth and the flow of money from the rich to the poor. Thus, the concentration and the accumulation of wealth in the hands of a few people come down. The poor and needy spend approximately eighty percent of its profits to meet their basic needs. Economically marginal propensity among consumers (MPC) of the poor is greater than the middle and high class. A large part of everything that comes in handy of poor will flow into the economy for the consumption of the commodity; that leads to more demand for primary commodities and then leads to increased production of basic goods. It is difficult to restrict consumption and production completely fine by the law and force. But increasing the redistribution of wealth and income increase demand for commodities and the decline in demand for luxury goods rate. Automatically reduces the use of resources for the production of luxuries. As a result, the use of natural resources for the production of commodities and in favor of the public interest
This redistribution of increased wealth to the poor to enable them to get access to quality education, nutritious food. Increase the knowledge and skills to help the poor to get good jobs and earn. This raises the whole family is poor and rely on the highlands. On the other hand, increasing the income of more than a certain limit make them capable of performing Zakat and other donations in order to take advantage of the have-nots. Rise in helping redistribution to reduce the gap between the haves and the have-nots and to achieve economic justice for all citizens.

increase the monetary policy committee of the poor in the redistribution of income results distribution in more multiplier effect in the economy, which feeds more income to the total income of the economy and that help section of the poor people to raise per capita income and standard of living.

According to Professor Keynes, investment depends on two variables that are rare interest stream and marginal efficiency of capital or the expected profit rate. The investment can only be done if the expected rate of profit exceeds the interest. Due to the lack of interest in the Islamic economy, it will not only lead to the size of the expected rate of profit of the profit may be specified for investment.

speculative money and liquidity defended the theory of money will not have a place in the economy, interest-free, which reduces the investment. But there is only the expected rate of profit will result in investments, even in the low expected rate of profit to increase the rate of value in terms of principle and to avoid major deterioration through zakat. Increased investment raises output and employment, wages and gross national income for the economy. Wealth flowing to the poor and raises the economic situation.

Fisher quantity theory which states that the amount of money affects the price and value of money. Which means that the increase in the money supply will increase in the relative prices in the economy, but the output will not increase. But in the case of money Islamic economics should not be provided without an increase in production. Banking and commercial central banks in the Islamic state to increase the money supply through the work of investment on the basis of participation in the profit and loss contracts.

lien notice is attached to your property that puts everyone on notice that building a creditor with a claim. Privilege usually presented and recorded in the public records Province (if involving real property) or with the Secretary of State (if it involves personal property). Why lien creditor help? Well ... in order to sell or refinance the property, the lender and the borrower will require a clear title to the property as a precondition for the loan. Thus, the existing lien on your home has a negative effect of clouding the title and thus prevents you from selling your property. In order to clear the title on the property, and must pay off the mortgage and have a statement filed in the public records province put everyone on notice of the performance and indebtedness. If you do not pay off the mortgage, and can choose some concession foreclose on the property and recover what is owed owners.

most common types of privileges 7

Property Tax Lien: When the house fails to pay taxes on his property, then the city or county where the property is located has Authority to put repossessions and the imposition of the sale if it does not pay taxes.

Tax Lien interest: to apply the privilege IRS by the federal government for not paying your taxes. If you happen to have equity in your property, you can pay a tax lien from the proceeds of sales at the time of closing. If the home is sold for less than the mortgage amount, the taxpayer may be required to discharge the tax lien interest to allow for the completion of the sale process. Taxpayers can also request that the federal tax lien is a secondary lien lending institution to allow for refinancing or re-mortgage restructuring.

Lian mechanics': Mechanic Lien privilege is a legal guarantee of payment for services, labor and materials related to the improvements made to real property. State statute and create privileges mechanics vary by state. These laws provide the standards needed to create and deliver the workmanship and mechanics liens and conditions. Usually classified as a mechanic liens liens super means that they may be superior to all previously existing liens registered against the real property, including mortgage lien is intended to be the first priority privilege.

Horn of Africa Lian: often there is a need homeowners that live in society institutes to pay league fees to the Horn of Africa's cover to maintain the community. For example, the Horn of Africa collection of fees to pay for things like landscaping, security, or to maintain the common areas such as swimming pools, tennis courts, workout rooms, and clubs. To determine the amount you must pay each owner of the house, the Horn of Africa normally budgeting and dividing the total expenditure by the number of houses in the community. The homeowner must pay its share of the predetermined year-round basis. In addition, the Horn of Africa may impose special assessments for expenses for once, if the reserve funds in the Horn of Africa are inadequate. For example, the Horn of Africa may impose a special assessment to pay for the new road, which is exposed to damage or to replace the guard door. If the house has become delinquent in paying monthly fees or special assessments, and will be filed with distinction from the Horn of Africa and automatically attach to the property of the owner of the house. The title of this cloud lien on the property, and can be foreclosed to satisfy the debt.

Judgment Lien: Lien judgment is kind of excellence that has been created on the record when he won a lawsuit against you and then attached to your property in order to receive payment when selling it.

tool to Yan: Lian lifted a property by city or utility service for non-payment of utility bills such as water or electricity.

divorce to Yan: Lian raised on the property as a result of a decree of divorce.

Are all the same privileges?

not! Kind of privileges and priority vary. Decisive fun if you are a priority for lender , and the benefits to having the first color privilege priority: this color: as the privilege of a first mortgage on the property code's code is very important. "He is entitled to the lender holding a large concession in the mortgage form for real estate to pay off debt from the proceeds of the mortgage sale before the payment of any employer junior franchise. this is very important because the mortgage extinguishes all interests in security (also known as the home) that are young that mortgage.

what are the foreclosure process?

foreclosure of the state process is different to the other. in Florida (mortgage state judicial), the lender filed a lawsuit files by a complaint with the court clerk and works in conjunction with a call to the borrower. it will include the lender any owners of other small concession in the complaint to be lost from the lowest interest such as joint borrowers or the unknown tenants who may have a right to use at home. once gets borrower complaint, he has 20 days to provide an answer. If not, the lender apply for a default judgment. However, if the borrower files an answer, then the lender either subsequent file affidavits in support of his position and refute any affirmative defenses in answer to the borrower. If the lender is unable to obtain a default judgment, the lender is likely to propose for summary judgment file. Any motion for summary judgment could end the case if the lender is able to show that "no genuine issue of material fact exists and that it is entitled to judgment on a matter of law." Most foreclosure cases end in this way simply because the facts are not in the establishment of the conflict, and the right to obtain a judgment easily as a matter of law. If the bank continues to summary judgment or at trial if the judge to grant summary judgment fails, then it gives the lender a final judgment for foreclosure. The referee determines the date of the foreclosure sale (usually within 60-0 days). It is up to the lender published in the newspaper for two consecutive weeks before the sale date and time of foreclosure. There is a need proof of this publication is to ensure that all other parties to the construction of the sale notice. To sell, then sell the property to the highest bidder with the lender receives credit for his bid amount in the range of final judgment. Borrower then has 10 days from the sale to make an objection to the court to issue a new certificate of title deed on behalf of the tender dominant provider. The registration of a new certificate of title by the clerk, should the owner of the house before the evacuation of the property. If the homeowner did not vacate the property, the new owner of the old owner of the house had been expelled by submitting an application for a possession and send the sheriff of the property to execute a command. Sharif will post something on the property to give notice to the owner of the house 24 hours prior to the exit. If the owner of the house did not come out, and the sheriff to make you physically vacate the premises.

Many smaller foreclosure cleanup companies to get work from the largest mortgage field services companies. Outside the garbage and clean up the mortgage industry is on the rise, as is evident in data reporting mortgage industry from sources such as RealtyTrac, online marketplace for foreclosure. According to RealtyTrac, 3825637 have been reported foreclosure filings in 2010 for real estate in the United States. This is double the increase in 08.

Foreclosure cleaning companies dealing with clearing out, cleaning and maintenance of internal and external ongoing homes that have been foreclosed upon by banks and mortgage companies. Services provided by the foreclosure cleanup companies can include a wide range of services, beyond cleaning. The services offered by these companies cleaning, removal of debris, painting, minor repairs, park maintenance, and the application of fabric to the surface and repair complete roof, pressure washing and cleaning the gutter, one-time and ongoing inspections, the removal of the car, logging, winter, lock changing, windows, interior doors, and more.

create your own cleaning Foreclosure first institution

Many smaller foreclosure cleanup companies to work companies maintain the property. While there are a large number of companies to maintain the property in existence, it can be a time-consuming process of signing up with each of these entities time. The best way to begin to get a job is to set up your own business with the proper license, insurance and equipment.

your license: often on a professional business license from the writer's County your office is what is needed. Each province is unique, so call your government office that handles business licenses in the province to find out what type of license you will need based on the services you choose to offer.

and insurance business: Next, contact local insurance agency and discuss your business so you can determine the best coverage and the need for your company type. At a minimum, you will need to cover liability insurance. We also plan to discuss securing workers' compensation insurance for your car and the appropriate coverage.

preparing for the equipment: There are a few roads that can be taken when it comes to getting equipment for your business. You can either a) the purchase of equipment, b) the rental of equipment, or c) the use of the equipment you already have on hand in your garage or basement to start your own business. Plan equipment based on the services they plan to offer in the business.

NOTE: If you position your services, or provide one-stop services on the basis of subcontracting or referring the services, you will need to limited equipment to start. However, if you choose to become a one-stop shop and do everything yourself, you will need more equipment. Keep this in mind when planning your business needs and your equipment.

after you have examined properly the industry, and planned business and marketing strategies, secured appropriate license and insurance, and they have needs of your equipment in the system, it will be time to begin to participate in the work.

The best way to start is to register your business with the companies to maintain a larger property. Below is a list of five to maintain the large property companies. Contact them for a vendor packages and subscribe to the company's start until you're part of their databases.

list of the top five property companies maintain with any registration

(1). Mortgage Contracting Services, LLC: A preserve national property inspection company founded in 1986. (site: mcs360 dot com)

(2). Services Cyprexx: Cyprexx is the work of a national field services that provide property preservation, inspection, repair and maintenance of some of the largest financial institutions, government institutions, asset management companies, brokers in the United States Services (Internet: The Ministry of Transport cyprexx com address)

(3). Five brothers: This has been a company in the business for more than 40 years to provide property preservation, inspection, and management services related to REO. (Site: fivebrms dot com)

(4). Asset Services, Inc.: Field Asset Management Services is a service and maintain the company's property assets REO responsible for more than $ 7.3 billion in housing on behalf of nearly 30 large national customers. They care about on a regular basis for 0,000 properties plus. (Website: fieldassets dot com)

(5). Lenders Asset Management Company ( "LAMCO"): LAMCO him been in existence since 1989, providing asset management REO residential and outsourcing solutions to national lending institutions, banks, the servicers, and investment companies. (Web: lendersreo dot com)

planning to keep the property tests

When you register your foreclosure cleanup business with these companies maintain a large property, be prepared to prove insurance, registration of companies, and perhaps quite be ready to take to maintain the property contest. Most of these tests are tests on straight forward just judged on your understanding in terms of basic industries and tasks. Many of the test information is quickly on the Internet - if you do not already know.

Foreclosure cleanup jobs for years to come

Remember, once you get registered with these companies and data your credentials withdrawn, and can these large entities provide the company with most of the work of a foreclosure cleanup for years coming.

a lot of success your recording REO business garbage out with these companies to foreclosure cleaning job!

for larger companies to maintain the property and other companies key to register to clean up the foreclosure and work REO trash outside the list (with links seller directly work), see maintaining property and industrial real estate contracting and subcontracting guide.

understand the foreclosure process

What is a mortgage?

Foreclosure is a process that allows the lender to recover the amount due on the non-performing loan by selling or taking ownership (ownership) of the ownership of the loan guarantees. The foreclosure process begins when the lender files the appropriate documents with the concerned officials (see below for more details).

Colorado Foreclosure laws

Colorado foreclosures occur either through actions (judicial) and out of court (non-judicial) in court.

judicial process when it is not the power of sale in a mortgage or deed of trust. The process begins when a suitable mortgage lender files with the court system. Borrower then receives a message from the court demanding payment. Usually, you will be given 30 days to respond with a payment or a written response to the bank's lawyer and the parties involved. If you do not respond within the deadline, it will be entered on the government and the lender can request to sell the property by auction. If you provide a written response with the court, there is a hearing and hearing process longer and can even frustration. If you enter judgment, and will determine the date of the auction, usually several months in the future. Once the sale of the property, and I was served with an eviction notice by the sheriff's office and must vacate the house immediately.

The most common method practiced mortgage in the state of Colorado is a non-judicial foreclosure process. It is carried out by the public trustee who acts as a neutral party. The process begins when the lender files the required documents with the values ​​of the county where the property is located. Public values ​​and then Files "declaration of election and demand" (NED) with the County Clerk and Recorder. Once the registration of NED, is scheduled to take place between 110 and 125 days to register for the sale of the public trustee of the property.

period of pre-foreclosure

There are many factors that could lead to defaults on a home loan, and ultimately foreclosure. Many are not the fault of the owner of the house. Perhaps it is a result of hardship (loss of income, military deployment, and health issues or family) or to "fraud loan" or "creative financing" by banks (adjustable rate or ARM, option ARM, negative amortization, or interest on these loans only) . Whatever the reason, facing foreclosure is not an enjoyable experience.

foreclosure process usually starts after missing several house payments, and has made various attempts by the bank to collect. Let's look at what usually happens, and what can we expect normally.
Day 1: you miss the first batch
Day 15/1: the grace period (some lenders only allow 10 days)
Day 16-30: The value of the late attack
Day 30: the borrower in default
day 45-60: The lender sends a "demand" or "breakthrough" message, and phone calls start
day 60-0: The lender sends letters and makes phone calls. You may be offered a repayment plan or loan modification plan.
Day 0-105: Lender refers to the loan / mortgage department mitigation section of the losses and retains a lawyer to deal with the foreclosure.
Day 0 - ?????: lawyer lender required documents files with public values, which then NED is filed with the County Clerk and Recorder. Once the registration of NED, is scheduled to within 110-125 days are sold in the sale Public property values.

notice of sale / auction

Once the NED (Note from the election and demand) are registered, it must be place your ad in the general circulation newspaper in the county where the property is located for a period of 5 consecutive weeks. Public values ​​must also send a copy of the notice published to the house within 10 days. Before at least 21 days from the values ​​of public sale, the public guardian must mail a notice to the home describe how to recover the property and stop the sale.

If a homeowner wants to retrieve property values ​​and stop the public sale, he must be "the intentions of the deposit to treat" with the General Secretary of the Office for at least 15 days to sell the mortgage. Then has until noon the day before the sale to bring the loan current and the recovery of property.

public values ​​usually conducted the sale in court. You must pre-bidding Date providers and have the funds available. The sale, the public guardian reads linear attempt made by the lender, then any registered party may try. The winning bidder is given a certificate of purchase.

redemption period

there is no longer any payback period for the homeowner after a foreclosure sale in the state of Colorado.

How to Avoid Foreclosure, what are your options ?

mortgage!
It's a tough word that most people avoid thinking ... until they have to. If you are several months behind on your mortgage, without the money for professional help, and at the end of your rope ... mortgage may be the only thing you can think of. It preys on your mind and leaves you feeling lost and prone to come additions of "professionals" unscrupulous, who say they are experts in foreclosures, but it is not. Stop!

may be in a difficult situation, but it is not hopeless. Mortgage is not your only option! My name is David Stitt, and I've got good news for you. You have alternatives. You can not see them now. But by the time you finish this short guide, and your vision and cleared, and the options for the future ... good choices ... I'll be right in front of your eyes.

You are not alone! In the US, foreclosure filings have risen consistently over the past few years, with more new mortgage foreclosures reported in each quarter, prompting the mortgage market to record levels. So you are not alone. But if you're like many of the thousands of people facing foreclosure, and I was scared and confused. I was soaked in a legal talismans litigation foreclosure. You do not know who or what to trust. You've undoubtedly hanging on the mat by the brokers, lawyers, warning you about the serious consequences you'll face if you do not use these services. Or maybe you've worked with mortgage brokers. Preparing the world - or loans from world-class - and then do not deliver. And then there's the mortgage owner of your mortgage, which is unwilling (perhaps after months of negotiations) to budge an inch when it comes to working on a more affordable payment plan.

In any case, I've probably through, and I'm not surprised that you have abandoned hope of finding a "good" solution, and may feel resigned to accept a mortgage and years of damage that will do to your credit rating. Again, stop! Do not fall into despair. Things are not as bad as it looks. There are other options.

a helping hand when you need them.
This survival guide is exactly what the name says it is: no-nonsense approach is simple to foreclosures. It was created to help you and other homeowners become more familiar with the details of the foreclosure process. I believe that knowledge is power ... and I hope that this guide will give you the ability to avoid foreclosure altogether.

Once you know the facts, you'll be able to take a reasoned decision to fine and thoughtful and then take the necessary action with confidence that you are doing what is best for you.

in the next few pages, we are going to take a look at the various options and the pros and cons of each. You will get the information you need to make a decision well educated about your situation.

What are the alternatives?

patience
patience is a payment plan, which the debtor enters with the lender when they are unable to make payments in a timely manner, often due to illness or other temporary condition. In the dream, the lender allows you to delay payments for a short period. After you agree to pay for a few months missing bring the current account by making larger payments. The problem is, more than 85% of the debtors default after the first installment. They can not continue to make payments inflation after the end of the period of endurance, and they are right back where I started.

Loan Modification
loan modification is a permanent change in one or more of the mortgagor's loan conditions. This may help you catch up by reducing the monthly payments to a more affordable level. You may qualify if you have recovered from a financial problem and can afford to pay the new amount. However, the loss mitigation departments are now understaffed, under the experienced, overworked. Many nightmare stories on this topic of herders need to pursue and harass the loss mitigation departments to get their papers by paying to escape foreclosure. After all the trouble, and most homeowners are still deprived of any help and ends up in foreclosure.

partial claim
your lender may be able to work with you to get a one-time payment (the loan must be paid at the end of the mortgage) of the FHA insurance fund to achieve the current mortgage on your own. You may qualify if your loan is 4-12 months delinquent and I was able to start providing full mortgage payments.

support in Liu (Voluntary Foreclosure)
as a last resort, you may be able to voluntarily "give back" your property to the lender. You may qualify if you are in default and do not qualify for any of the other options, your attempts at selling the house before foreclosure were unsuccessful, and did not have a mortgage FHA else in default. "Mortgage" are likely to be reported on your credit report.

Virgin loan
This is where you take someone else to pay off your loan, usually in exchange for your property. Loans made after 1988 and almost never assumable.

bankruptcy
many debtors will spend a lot of money for a lawyer to make a Chapter 13 bankruptcy - which is really the only payment plan - to inspect the house. In essence you pay a lawyer rather than the lender. Before work, I know how much this process will cost and what the new increase your monthly payment will be. We also know that if you miss a single payment, you have Chapter 13 will be rejected, you will need to Chapter 7. File this will cost more attorneys' fees, and assets, including your home will be filtered and your credit report will still Mortgage appear.

sell the property
If the home has contributed to the property you can and should consider selling the property. The homeowner will receive a check for the closing of the shares and above all what is owed and paid closing costs. Most homeowners in foreclosure, however, have little or no equity. Be careful list with a Realtor who can be linked to your property for several months.

Do nothing
when it comes to the threat of foreclosure, procrastination is a recipe for disaster. Do not do something does not change anything. What is not taken the necessary actions, you will end up in foreclosure and your credit will suffer over the next 5-7 years.

pre-foreclosure sale (short sale)
This program allows pre-sale mortgage lender in default to sell his / her home and use the net proceeds of the sale to satisfy the mortgage debt, although this revenue is less than the amount owed . It has two main advantages of the mortgage: (1) You may be eligible for a loan a new home after only two years instead of 5. (2) should be able to avoid a deficiency judgment. When selling a house at auction, and the chances of the lender ban lifted deficiency judgment increases dramatically. They will have years to come after, or sell it to someone else will.

As you can see, there are many options to consider - but you have to look! You can not stick your head in the sand like an ostrich and do nothing. Being in a state of denial is a bad situation to be in! As we said earlier, procrastination is a recipe for disaster.

questions you should ask

questions you need to ask yourself
1. If you Chapter 13 bankruptcy file, a temporary respite from my point of view mortgage payments means this will be able to stop the foreclosure forever ... or will I be able to keep up with my payments resume when I end up in foreclosure again?
2. If you choose patience, or pay the lender a plan to give me temporary relief from payments and I do not have now .... I'll be able to afford the monthly payments inflation that I will have to do in the future, or I end up in foreclosure one more time?
3. If I am unable to cover my monthly expenses now, I can abide repayment plan ... or should I just give up my house to the lender with a deed in lieu, foreclosure and accept a bad mark on my credit history?
4. If you do something now, I have more options available to me ... or should I wait until the sheriff is at my doorstep with the eviction order, and we hope that he / she will show me mercy?
5. If you consult with an experienced real estate investor, I will be able to get out of this situation without ruining my credit ... or is my only choice to spend thousands of dollars for attorneys' fees, commissions, broker and still run the possibility of my home loss?

to ask a broker your mortgage questions
1. Do you guarantee in writing that will close my loan before the cases go before a judge in court?
2. What interest rate will be charged?
3. How many points do you charge?
4. What will my monthly payments compared to what it is now? Higher? scale down? The same?
5. What will be the sum of all the closing costs be?

to ask your attorney questions
1. If I file for Chapter 13 bankruptcy, it will stop the foreclosure or simply to stall it?
2. What are your fees for filings of bankruptcy and dealing with my case?
3. What will my monthly payments compared to what it is now? Higher? scale down? The same?
4. What happens if defaults because I can not make them?
5. I can not make a bankruptcy myself in the courtroom and save thousands of dollars?

to ask your broker questions
1. Do you guarantee in writing that you'll sell my house before my case goes before a judge in court?
2. Do I have to pay a commission if someone found what in my country who wants to buy a home?
3. How do I owe you if you do not sell the house and lost to foreclosure because of the judge's ruling?
4. In the case of non-sale price covers my indebtedness and committees your own, I have to get to my own pocket to pay you?
5. When holding your list equalizer house and qualify for the committee?

to ask the lender questions prevention have
1. Can you work out a payment plan (Dream) with me and will put everything in writing before you agree to that?
2. If you agree to these rules, you agree in writing to stop foreclosure?
3. What will my monthly payments should be compared with what it is now? Higher? scale down? Himself?
4. If I'm late on this payment plan, you start from where you left off with the mortgage?
5. Since endurance means a significant increase in monthly payments, you can tell me how many people end up back in foreclosure because they can not afford the monthly payment?

What do you do now

Step 1: Get answers to your questions.
you do not just need answers to the above questions, but there may be other questions you ask yourself. Do not be intimidated by the "experts" you are advisory. Remember that they work for you.

Step 2: Decide ... and follow through on it!
Once you have the facts that can make a decision on how to proceed, and that you need to help you. The more you work, the more you can reverse the spiral of your credit and changing from bad to better.

Step 3: Action now!
after you've done your homework and you feel you've come to an informed decision, and you're halfway there. Do not let the deadlock in the group. Do not procrastinate. ACT now before the window of opportunity closes.

One final thing to consider: Get a forensic loan audit!

The vast majority of loans made during the past 10 years, especially mortgages and mortgage rate adjustment has not been properly errors and violations.

forensic loan audit is the first step that must be taken to prepare well for any kind of litigation or any kind of solution when dealing with your lender. And using audits as a valuable tool to get your file to the top of the pile lender and get your cause noticed and heard!

For more violations found in your mortgage, the more influence you have to argue your case against your lender. With millions of homeowners seeking financial solutions, it is more difficult to get the results you want when you need them. You need all the way, all of the amount of leverage as possible! Forensic loan audit is that the tool!