Friday, November 29, 2019

Offer to Purchase Real Estate FAQ - United States

Offer to Purchase Real Estate FAQ - United StatesOffer to Purchase Real Estate FAQ - United StatesWhat is commonly found in an offer to purchase real estate?There are various points, items, and conditions found in the Offer. The basic ones include the following Names of the Buyer and Seller Purchase price Legal description and the address of the propertyFixtures and items to be included or excluded in the sale Proposed financing Property condition disclosureClosing date for the saleDeadline for acceptance Any contingencies of the sale There may be other terms included in the Offer. Moreover, the parties often will leid accept the first offer and will make a counter-offer to include plus-rechnenal terms that they feel are necessary. As such, our contract has the option for the parties to include additional clauses in addition to the common terms and conditions. What is the legal description of the property and how can it be obtained?The legal description of the property is descriptio n of the property by reference to government surveys and recorded maps and it is used to identify the location of the property on most legal documents. You should be able to obtain the complete legal description of the property from the County Recorders Office by providing the propertys municipal address or tax parcel number. What is a property condition disclosure?A property condition disclosure is an informational form provided by the Seller to the Buyer. It discloses any known defects in the physical condition of the property that may materially affect the propertys value, including but not limited to malfunctioning appliances, pest control problems, mold problems, structural issues with the home, roof defects, etc. Each state has different requirements as to what should be disclosed, so we recommend that you make yourself aware of the statutory disclosure requirements for your state. To protect yourself, in addition to completing the state-specific disclosure form provided with the purchase agreement, you should disclose any material defects affecting the Property of which you are aware. If you are unsure of what you should include, please contact a local attorney. What is the closing date?The closing date is the date on which the Seller of a property delivers the deed and the buyer pays for it and can take possession of the house. The closing date is typically 30, 60, or 90 days after the contract is signed. For people who are financing the purchase through a mortgage, you should ensure that the closing date will occur before the mortgage commitment letter expires. What are fixtures?Fixtures are items of personal property that have been attached to land or buildings in such a way that they cannot be removed without damaging the item, land or building. As a Seller, you may choose to exclude some fixtures because they have sentimental value, if they are hard to replace, or for some other personal reason. Examples of fixtures include chandeliers, custom-made drapes, window blinds, built-in appliances, built-in cupboards, light fittings, and wall-to-wall carpeting. What are contingencies/conditions in an Offer?Contingencies in the Offer are conditions that must be fulfilled prior to the Offer becoming valid. If the conditions have not been satisfied by the deadline, then the Offer becomes null and void. For example, the Buyer may need third party financing from a bank before purchasing the Sellers home. Therefore, it is quite common to have a financing condition in the Offer, whereby the Buyer will not be obligated to complete the purchase unless the adequate financing described in the Offer can be obtained. Contingencies/conditions are not limited to the scope of Buyers financing it may involve completion of building inspection, providing proof of clear title, or any other issues deemed important enough by both parties and which require completion before the deal can solidify. Do I need to use a real estate purchase agreement in additi on to the offer to purchase?Once the Parties have signed the Offer, it becomes a binding contract. So technically, it does not require another piece of document to make a valid deal. However, it is a good idea to use a real estate purchase agreement to flesh out the details of the deal that are also important but not covered in the Offer. For example, our Real Estate Purchase Agreement deals with property condition disclosures, title policy and survey, conflict resolution, and even options to terminate.

Sunday, November 24, 2019

How to be a Linkedin power user

How to be a Linkedin power userHow to be a Linkedin power userAre you looking to give your career a boost and find a better job? Do you want to climb to the next rung on your professional ladder? The key to finding your dream position could be your LinkedIn profile. Making it a stunning advertisement of your skills and talents is an excellent way to win over employers.Follow Ladders on FlipboardFollow Ladders magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and moreOver 70% of employers1 use LinkedIn as part of their recruitment process toFind people within a specific network. For example, if looking for a structural engineer, employers are likely to search for connections of other engineers they knowResearch applicants. Once an employer receives a relevant CV, their next step is to investigate that candidates LinkedIn profile to get a deeper idea of their abilities and personalityLook for vermgen candidates. Searching for keywords or specific titles brings up a long list of potential employees which can be reviewed and contactedYou can see why its time to get serious about how youre representing yourself. Your LinkedIn profile should wow employers and help you land that dream role. The impression it gives can be the difference between being the preferred candidate and being written off.So how do you deck out your profile and make it an effective extension of your personal brand?Getting found by potential employers is the first step. You can make yourself stand out from the boring crowd on the search results page2. Try spicing up your profiles headline by adding specific projects or personal details. More than just visually striking, it gives you the opportunity to highlight why employers should look at you rather than the competition.Once an employer is looking at your profile, make sure you make an impact. A high-quality profile picture makes a big difference3. Tailor your summary to make sure the key points are going t o be memorable. Use strong examples of experience and avoid the use of cliched descriptions such as being passionate about x and highly motivated by y.With some strategic work and clever planning, you can make your LinkedIn profile an exceptional addition to your professional repertoireCourtesy of OnStride FinancialThis article first appeared on Onstride.co.uk.

Thursday, November 21, 2019

Spring Scholarship Results and New Endeavours

Spring Scholarship Results and New EndeavoursSpring Scholarship Results and New EndeavoursSpring Scholarship Results and New EndeavoursCourtesy expertbeacon.comWe have come to the moment when the Spring scholarship application is done and we need to choose the winner. Overall, we have got 25 application not so much but pretty good for the start. 35 universities have come to share our scholarship announcement on their websites and there were alot of mentions on the 3rd party websites too. We thank you all for thatWe called our scholarship a Creative Workforce transition to emphasise the ways to achieve smooth professional step-up because we were totally aware of the problems prospective professionals may face. Strikingly, the entries weve received have greatly amplified our initial thoughts and ideas. As one of the participants put his opinion of that Students lose the plot when their diligence to earn an A grade overtakes their knack to reap the real learning out of the education.So we set and started thinking. A first thing that came to us was to make the Scholarship rolling, i.e. to give it away twice a year instead of once. It will create a greater impact and will potentially get us more interns / apprentices.The deeper thought was that we need to find a way to translate the real world virtues to the prospective professionals the way theyd understand. Yeah, we have got the Entry-level resume package where we give them a real resume and cover letter the way it should be. Yet, we thought we need a free and interactive way to get to them. And here we created a Career Classroom the way it should be.So, we will give 80-minute long interactive video sessions (webinars) with our top coaches and instructors as well as participating college professionals. We wanted to make it easily accessible (we have got that through the use of tech.) and free (thats tougher). Thats why we decided to give webinars for free for students of the 35 universities that supported us in th e first instance. If your university is not on our list you still may register yet, we will contact them and ask for a little help and promotion.Ooh, now we are kind of happy with how it goes. And yes, the Scholarship winner. We have shortlisted 3 persons who did great jobs and supplied truly deep articles on how to facilitate the students workforce transition.And the winner is Samuel Mursalin fromJohn Hopkins Carey geschftliches miteinander School.Congratulations