I am currently going through underwriting with my lender. This is a 5% down conventional loan on a $415,000 house.
Oh yes they call your boss. (or your HR)
Oh yes they ask for your employment verification form.
Did your parents help with the downpayment? Oh yes they want to know how did they make that money and they want to see their bank statements too.
Are you self-employed? Oh yes, they need twice as much documents as that a regular employee.
Did you use inspection report to bargain with the seller? Oh yes they want a contractor to sign a letter saying everything is okay, and they will fix that this week.
Conditional approval? Congrads, they are going to come back for more.
Have you borrowing!
(I am so doing seller financing from now on.)
Oh yes you do.
A good landlord should:
– have a professional accounting system (so you know your money is being recorded properly)
– have a legal binding lease agreement (so you know your rights are protected)
– have a move-in & move-out inspection form (so you don’t have to argue about carpet cleaning/junk removal)
– have a reliable handyman (so you know the service is fair and trust-worthy)
– is available to gossip with you when needed!
🙂 Befriend your landlord!
(Landlords, these conditions applies to you as well.)
Can’t believe it! I actually hired a virtual assistant from the Philippines!
I have delegated some of my “busy works” to the assistant so that I can sit back and do my marketing! So far the assistant has been doing a great job. She saved at least 3 hours of my time so that I were able to go see 2 houses today and run some bank errands 🙂
What is virtual assistant? What can he/she do for you? My virtual assistant is helping me with simple research, graphic edit, and document edits work right now, in the future, I will ask my virtual assistant to respond to phone calls to collect buyer & seller information, compile background reports, etc!
A good virtual assistant is punctual, professional, and he/she can communicate effectively. If you are interested, let me know. I am happy to introduce you!
|Source: Zilliow.com; demographic information comes from data in the 2000 U.S. Census.|
Spoiler alert! I have been living in Seattle for the past 7 years. I lived in U District (bought my first piece of furniture, a old old wing back chair from a lady in Bryant), Northgate, Central District (23rd and Jackson), and now Greenwood.
I enjoy living in the North Seattle area. But out of the 4 neighborhoods I lived in, Greenwood is my favorite. Hold your breath! (maybe not for too long, just a little bit) I would love to give you a short review on Greenwood, tomorrow!
First, please let me show my love for.. BEER. 😉
More to come. Thx!!
Everyone knows the legendary housing price in Vancouver BC is majorly an result of wealthy immigrants buying homes – booting demand. This is also true in the U.S.. However, just how much demand had correlate to the number of new immigrants in an area? This article finds out for you. Interestingly, you can see the numbers yourself via an interactive map.
Put your own zip code and find out!
Have you made these mistakes before? Of course! I probably learned each and every one of them in the hard way! Read on and do not trip over where I did!
5 Networking Mistakes Almost Everybody Makes
Here’s what not to do when you want to expand and leverage your network:
1. Try to receive before you give.
The goal of networking is to connect with people who can help you make a sale, get a referral, establish a contact, etc. When we network, we want something.
But at first, never ask for what you want. (In fact you may never ask for what you want.) Forget about what you can get and focus on what you can provide. Giving is the only way to establish a real connection and relationship.
Focus solely on what you can get out of the connection and you will never make meaningful, mutually beneficial connections.
When you network, it’s all about them, not you.
2. Assume others should care about your needs.
Maybe you’re desperate. Maybe partnering with a major player in your industry could instantly transform red ink into black. No one cares. No one should care. Those are your problems and your needs.
Never expect others to respond to your needs. People may sympathize but helping you is not their responsibility. The only way to make connections is to care about the needs of others first. Ask how they’re doing. Ask what could help them.
Care about others first; then, and only then, will they truly care back.
3. Take the shotgun approach.
Some people network with anyone, tossing out business cards like confetti and sending connection requests like spam.
Networking isn’t a numbers game. Find someone you can help, determine whether they might (someday) be able to help you, and then approach them on their terms. Carefully select the people you want to network with.
And keep your list relatively small, because there is no way to build meaningful connections with dozens or hundreds of people.
Networking is like marketing: Targeting is everything.
4. Assume tools create connections.
Twitter followers, Facebook friends and LinkedIn connections are great—if you actually do something with those connections.
In all likelihood your Twitter followers aren’t reading your tweets. Your Facebook friends rarely visit your page. Your LinkedIn connections aren’t checking your updates.
Tools provide a convenient way to establish connections, but to maintain those connections you still have to put in the work. Any tool that is easy or automated won’t establish the connections you really need.
Use a tool to help make an initial connection, but then go old school to make a real connection.
5. Reach too high.
If your company provides financial services, establishing a connection with Warren Buffett would be awesome. Or say you need startup capital; hooking up with Mark Cuban would be awesome.
Awesome… and almost impossible.
The best connections are mutually beneficial. What can you offer Buffett or Cuban? Not much. You may desperately want to connect with the top people in your industry, but the right to connect is not based on want or need.
You must earn the right to connect. Find people who can benefit from your knowledge and insight or your connections.
The “status” level of your connections is irrelevant. All that matters is whether you can help each other reach your goals.