“Interest rates hit historic lows!” “Refinance Now!” “No-cost refinancing!” These advertisements urge consumers to capitalize on mortgage interest rates that have declined significantly over the past two decades. (more…)
Posts Tagged ‘equity’
Keys To Getting A Small Business Loan
Before a start-up company can begin producing revenue, it often needs an infusion of cash that exceeds owner contributions. Even long-established firms sometimes must borrow to purchase inventory, buy real estate, expand operations, meet payroll, or keep the lights on. When business owners turn to banks and other financial institutions for help, some are offered loans; others walk away empty handed. (more…)
Is Borrowing From Your 401(k) A Smart Financial Move?
In recent years, as banks have tightened credit requirements and home equity has dwindled, many people are contemplating the ready source of cash in their 401(k) retirement accounts. (more…)
What You Need To Know About Private Mortgage Insurance
What you need to know about private mortgage insurance
If you’re in the market for a home, you’ve probably heard of private mortgage insurance or PMI. It’s insurance that protects lenders — not borrowers — if the mortgage goes into default. Lenders generally require PMI if you’re unwilling or unable to make a down payment of at least 20% of the home’s purchase price. Depending on your credit history, your income, the size of your mortgage and other factors, PMI can run from $50 to several hundred dollars a month. After building up equity in your home (in technical terms, when your loan-to-value ratio drops below 80% of the original loan balance), your PMI policy can be cancelled. But building up that much equity, especially with a conventional long-term mortgage, can take a decade or longer. (more…)
Keep Going with QuickBooks 2011 Intermediate seminar
Date: 2011-05-26 Time: 08:30AM – 01:00PM Location: Thaney & Associates CPAs office
Computer lab setting, training manual with practice files and post-class business diagnostic
Cost: $127 Pre-Registration is required as space is limited: http://bit.ly/fVtBVv
After completing this course, you will be able to:
* Work with memorized transactions * Customize forms * Create reports and graphs * Track and pay sales tax * Use different account types, such as credit card transactions and asset, liability & equity accounts * Write letters with QuickBooks
This class is geared towards those with QuickBooks® experience, INCLUDING:
* Students of our beginner course * Bookkeepers who are interested in learning about some of the more complicated and detailed features that QuickBooks® has to offer * Business Owners who would like concise reports on many different types of accounts
Two Financing Options for your Business: Equity and Debt
Start-up businesses and long-established firms share common ground in at least one respect: the need for financing. Managers of fledgling companies often debate the best way to obtain funds for buying inventory, heavy equipment, and buildings for making widgets. (more…)
