Belle Oberbrunner Great Small Business Ideas to Start: Empowering your customers The importance of providing information to the client should not be underestimated. Information encourages customers to buy and to get the maximum out of the service being provided. Conversely, businesses should be eager to accept information from the consumer in the form of customer satisfaction and … Read more
Great Small Business Ideas to Start: Market testing The finest place to develop a profitable business, and the best way of building success, is often when you are already operating a business. Lessons can be taken directly from the market and your customers to give you an instant guide on what is working—and what isn’t. … Read more
Great Small Business Ideas to Start: Deep-dive prototyping A deep-dive process is a focused, team approach to developing solutions to specific problems or challenges. It is intended to harness the ideas of everyone in a team in a creative, stimulating, focused, energetic, fun, and useful way. The idea A deep dive is a combination of … Read more
Great Small Business Ideas to Start: Achieving breakthrough growth Established businesses often struggle to achieve industry-leading growth rates because their sector is mature or highly competitive, or because they become stuck in the rut of incrementalism. Firms become convinced that they need to compete in the same way as their rivals: minimizing risk, maximizing resources, … Read more
What You Can Do to Have a Better Negotiating Posture Keep in touch. Immediately reply to any calls or letters from the lender, no matter when they come. Never let calls go unanswered. Try to get out from under the mortgage by selling the property. Clearly show the lender that your financial condition is such … Read more
What You Can Negotiate from a Lender Lenders may be willing to do one or more of the following: Restructure the mortgage by extending the term so that you have lower payments, so long as the lender does not ultimately lose any interest Temporarily allow you to miss payments until you get back on your … Read more
The Key to Negotiating Out of Foreclosure The single most important point to understand in this example is that Jerry and Pat constantly communicated with the lender. Communication was the key to their ability to get payments delayed and then get an alternative to foreclosure. Consider that if Jerry had never called the lender, had … Read more
A “Deed in Lieu of Foreclosure” While offering a “deed in lieu of foreclosure” is much better, from a credit perspective, than having a foreclosure on the records, it’s still not wonderful. Jerry’s credit record still noted months of non payment. And today many mortgage lenders ask in their application if a would-be borrower has … Read more
What Can You Do When You’re in Default? Most of us today know of someone who has lost his or her house to foreclosure in the not too distant past. It has become that common. However, here’s a story that’s been told less often. Jerry and Pat had just bought a comfortable upscale home in … Read more
What Is the Foreclosure Procedure? The foreclosure process varies from state to state. But in general it always involves a period of time during which the borrower can make up back payments and correct any default. {Default is a technical term that means that the borrower has failed to meet, or has defaulted, on the … Read more
