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Make Money With Storage Unit Auctions

Starting A Storage Auction Unit Business

Storage unit auctions have been a very lucrative way to make money, it might look like a gamble where sometimes you win it and sometimes you lose. But actually there are some tips you could follow to profit in this money making venture. Some strategies you can employ to minimize losses and make big profits from these auctions just by sticking to these standards and making professional and logical moves that could only spell success and profits for you.

Success in making right decisions on storage auctions and merchandising requires following some fundamental rules. The most basic of these is to obtain items of good quality that people will actually want to purchase, and to acquire them at a low enough cost to ensure adequate profit. Once this challenge is met, the entrepreneur’s success is largely assured.

What You Need For A Storage Auctions Unit Business

Basically having capital to buy out storage units being auctioned would be necessary to get you rolling. Looking for these storage units auctioned would be the next step. It would not be that hard to find, there are many storage units everywhere and they auction very often for non-payment of rent for the storage unit.

Start-up costs are minimal: a van or pickup truck (a trailer towed by a car will do) and a few hundred dollars are all that is required to begin your own business. Across the United States a huge supply of desirable products exists for low prices. Furniture, electronics, appliances, clothing, books, art, toys, tools, and a plethora of other goodies can be had for a fraction of their true value. The purchaser can use these items themselves, or resell them for a generous mark-up.

The first time I participated in a storage auction, I actually had to borrow the $500 I spent on purchasing the unit. I had terrible credit those days, so I used one those bad credit personal loans that you find on the internet. The interest rate was a little higher than I liked, but I didn’t matter because I made more than $1,500 selling the contents of that unit and I was able to pay back my loan within days.

Growing Your Storage Unit Auction Business Over Time

Start A Storage Unit Auction Business Taking into consideration that there would be times that you bid for items that are in the end you would find out, have less value than what you gave out to for the bid. These cases are inevitable but you could always reduce the chances that these would happen to you. Remember that your primary goal is resale. It’s through resale that you would gain profit, don’t bid for $300 for goods that would resale only for $50 its always a good idea to check local flea markets, yard sales, classifieds, salvage stores, E-bay etc. for prices to make better judgments on how much you should spend or bid for certain goods.

The best way to start bidding is always bid low, have a limit, for example put your limit at the 50% of the actual price of the goods. This way you are sure of your profits. You can determine the value by always estimating the resale value of the goods. Auctioneers would always open the storage units so you could see its contents, this is your chance to evaluate and give the goods a certain value. Then you can now place your highest bid at the limit you have set which is 50%.

Another tip is always sort the goods on the spot after the bidding make assessments on items that are of true value and those that are going straight to the junkshop. This way other bidders might be interested at some of your items and would be willing to buy it from you easily making your first resale on the spot. Sometimes some of the items would need a little work or repair. Always look beyond the dust and scratches of the items, look over them very well and sometimes you might find that a colored TV only needs a new part, a lawnmower only needs a new sparkplug. This way you raise the items value by making it usable again.

Remember that where you usually find the prices for such items are also the best venues for you to sell them. Storage unit auctions can be a hit or miss, some have been able to make their money back by selling the goods purchased and others have lost money due to the fact the unit they bought didn’t yield items with high enough value. Even though these types of auctions can be much like Christmas, not knowing what you’re going to get, they provide a different way to bid and their popularity is increasing as more and more people learn about them.

5 Tips for Saving for a Home

Do you feel a sense of fear every time you hammer a nail into your rental wall, or dream of days when you can paint the walls any color you would like?

Owning a home gives you a lot of freedom with what you can do inside your space, but getting the keys can be a stressful process. What you shouldn’t do is go out and purchase the first thing you see just because you want to say you own a home. This could result in being in the feared “money pit”, and spending all your time trying to figure out how you’ll ever afford to live comfortably again. If you want to buy a home the right way, take your time and utilize the tips that are listed below.

1. Anticipate the Down Payment

When purchasing a car you’d likely go into the dealership with a down payment, and that should be the same with a home purchase. After all, the more money you put down the less money you will owe, and that can mean saving thousands in interest over the life of your loan. There are a lot of different numbers you can run to figure out how much you should pay, but talking to a real estate agent is really the best choice. They’ll give you honest advice and great information.

2. Find Your Motivation

Most people don’t have $20,000 or more laying around to use as a down payment on a new home, which is why they have to save. It’s going to take you a while to build up to this amount of money, but it’s possible if you’re motivated and dedicated.

Set a goal by doing something that will keep you aware of the end goal. Maybe this means taking a picture of your dream home and setting it as the background on your phone. Do what works for you! It’s just like motivating yourself to be on a diet, except now you just need to save more and spend less!

3. Save, Save and SAVE!

Make a budget. Stick to it. Every penny and dollar you spend you should keep track of so you know exactly where your money is going. Cook at home, avoid restaurants, make your own lunch and use fewer utilities. Hey, maybe you even want to get a roommate so you can save more quickly? There are TONS of ways to save money, and since it’s not forever you should be able to push yourself to do it.

4. Make Some Extra Cash

You have a job, but what else could you be doing to make money? Could you be tutoring, working online, working a second job or doing something else? Find side jobs and save all the money you make from them.

Don’t dwell too much about saying to yourself that “I don’t have any skills”. You’ll be surprised at how many opportunities are waiting for you in the online world. There are tons of jobs that you can do from home like being a virtual assistant, writer, designer and so on. Think about it, setting aside a few hundred dollars each month can add up really quickly.

5. Celebrate Success

It’s going to take you a couple of years (at least) to save for your down payment, and that can mean cutting back on fun activities. Every time you reach a milestone, like $10,000 saved, treat yourself to a nice meal or something else that brings you joy. Remember, the hard work WILL be worth it when you get the keys to your first home.

Internet Writers Have Plenty of Opportunity

The Internet has transformed life in a positive way; it has become the most important medium and its strength seems to grow each day. It is the first place that people go to find out more on virtually every subject. It has therefore become the logical place for business to concentrate its marketing energy. There has never been a better opportunity for a business to seek out its market. If a business can identify its market and devise a strategy to reach it then it has every chance of a successful future.

Visibility

The key to success is for a business to create a visible website. That involves reaching a prominent position in the popular search engines. They identify the best websites that will satisfy an enquiry, general or very specific. Visibility involves technical expertise but it also requires the ability to write with authority, writing that can create and maintain an audience. The Internet has created a whole new profession. It is commonly known as blogging. Some writers create their own blogs and in time attract an audience that in itself is valuable. Others are happy to write as guests for existing blogs or for companies that want help with the development of their online presence.

It has never been easier to communicate at every level; it is potentially communication on a global scale without a single boundary and it is virtually instant.  Those who develop the writing skills to help achieve success for their clients can gradually create a full time career for themselves. In the short term they can work in their spare time and make extra money which may be a way to reduce existing debt. That debt would be thus settled more quickly than would be possible from the money currently coming in each month from full time work. It may be just the thing to encourage people to take out low interest loans because repayments would suddenly be affordable at this website.

The Present and Future

That career can become as secure as the Internet has become. There is little doubt that the Internet is the present as well as the future. It has the potential to create communities, to share knowledge without boundaries.  It is virtually free and the fact that it is interactive and regularly updated makes the Internet’s properties unique. Why would you not want to be part of the future with the opportunity to make money at the cutting edge of the modern day?

Even the best of writers will need to think about their style. Will it appeal to the ordinary people that go online each day? They are all looking for information and often the best way to achieve that is to open a piece with a sentence that demands the reader reads on.  It is perhaps obvious. It may not come easy but skills usually develop over time. It is not a matter of using long sentences and big words. Writing for Internet clients is different from writing a technical paper for academic examination. Typically there are websites that act as ‘middlemen’ for companies seeking writers and writers making out their individual cases as to why their applications should be approved.

Persevere

In the early days many writers may find rejections on a regular basis. They need to persevere; perhaps not aiming too high until they can build up a portfolio. They need sufficient positive reviews that companies will at least consider the application.  Few writers are experts on a huge amount of subjects. The Internet which is the potential source of a future career is also the medium that helps writers do their own research prior to beginning a writing project.

Every writer needs self discipline. People able to work from home can avoid traveling during rush hours in all weathers. That is great but they must ensure that they decide on working hours each day and work to those hours. It is not always easy particularly on sunny days where it is tempting to drop the schedule in favor of a day off. Why not have a cold beer at lunchtime?    Writing for Internet clients can be profitable. It will allow those who are successful to have that cold beer on regular holidays.

Getting to grips with Financial Spread Betting

Ordinarily to trade in stocks and shares you need a whole cache of cash before you begin. Making a million is a synch if you’ve already got one, it’s the first 999,999 steps along the way that are the difficult bit.

Enter Financial Spread Betting (FSB). FSB offer the means to trade on the moves in the price of stocks, and currencies and commodities (amongst other things) at a level that is affordable and in a way that is immediately accessible. The barriers to entry that typically apply to trading on stock markets simply do not apply. For example, spread betting at Tradefair – one of London’s leading providers – is open from as little as an initial £50.

FSB is – at its simplest – a way to bet on the movement of a market. You stake your position and for every point that the market moves in your favour you win an amount equal to your declared stake – so if the market moves 20 points you would return £20 for a £1 stake. That’s the good news. The downside is that if the market moves against your position you stand to lose according to the same formula.

FSB offers the potential to return significant returns at a rapid rate, but it also entails a high degree of risk. Despite this qualification it is a format that has quickly found favour amongst those investors who are confident in their understanding and ability to read market movements.

Highly appealing to individual traders is the way that FSB, because it does not involve the actual purchase of stock, avoids stamp duty and capital gains implications. Also, because those individuals are able to enact their own trades at the push of a button there are no dealing fees to surrender. For those who win FSB represents an extremely economic investment vehicle.

The crash in the rouble recently will have seen some lucky investor stacking up thousands of pounds as the currency fell against the rest of the world’s markets. The bet is open ended, which means that if the market keeps moving in your favour you can simply ride the waves.

The potential for losses to run out of control is ruled out by the setting of pre-set limits so that whilst there is no guarantee that users will not sustain losses they are able to limit their exposure.

In technical terms FSB is a derivative-based product that mirrors the trading of Contracts for Difference (CFDs). It is because no stocks are actually committed into ownership at any point that any profits are tax free – although regulated as a financial instrument FSB is treated by the tax authorities as a form of gambling.

In truth FSB represents a hybridization of investment and betting products and although it is used by some full-time individual traders it is best considered – at least initially – as a recreational activity rather than one to commit serious funds to. FSB trades tend to be completed in just a matter of minutes suggest that it is ‘played’ for small marginal gains rather than any seismic market shifts.

The provision of apps for smartphone users also points in the direction of this relatively casual deployment. The desktop and download applications are considerably more complex and informative, providing charts of price moves over multiple timelines and a rich stream of news and analyses. Whilst these are fascinating in and of themselves – they offer a genuine taste of what it is like to be a full-time professional trader – they are not ordinarily available in the free-to-play demonstration versions of the software that providers such as Tradefair routinely provide.

FSB is a highly dynamic investment/betting environment and it is undoubtedly one worth exploring thoroughly before committing funds to it. For all that word of caution, however, it is unbelievably gripping.

If you commit suicide will burial insurance be paid out?

As the cost of a funeral continues to rise, so you may feel that it becomes more and more important to make sure that your funeral is paid for; you don’t want to leave your dependents with this additional concern at what will be a hard enough time for them anyway.

If you opt to take out burial insurance then this should provide enough money to pay for your funeral when you die. But what happens if you commit suicide, are the costs still covered?

First what is burial insurance?

If you want to make sure that your funeral costs are covered then you may want to consider burial insurance as an option. It’s basically a simple form of life insurance which is intended to provide for the expense of a funeral rather than for all ongoing costs when you die. Generally burial insurance is available to people over the age of 40-45, depending on the provider.

The good thing about burial insurance is that you don’t have to undergo a medical to be approved, and that it’s available, at graded levels, as you get older. Funerals are becoming more expensive as years pass; burial insurance is a way of you ensuring that this cost is met.

What does burial insurance cover?

Burial insurance is insurance that provides for a smaller death benefit to be paid out than normal life insurance, the payment can be used by the beneficiary in any way they please. There are other forms of insurance that can be used to pay for your funeral, such as preneed funeral insurance which can be linked to a funeral provider, either directly or indirectly, and which is paid in installments. There is also final expense insurance which is not linked to any funeral provider and which tends to be cheaper than preneed funeral insurance.

Are you covered under these policies if you commit suicide?

There are exclusions to most insurance policies and these type of policies can include exclusions which refer to suicide. You need to check these exclusions before you apply for the policy. The problem is that when you apply for the policy in the first place you probably won’t be doing so with the intention of committing suicide so it’s unlikely that you will be looking for that specific exclusion. You may want to consider all eventualities when you apply for any type of funeral cover just in case, however unlikely the eventuality may seem at the time.

In doing so you may be saving your family from an awful lot of heartache at what will be a difficult time anyway. It’s always hard for those left behind when someone commits suicide and it’s likely that they will need all the help they can get. In addition to getting this help and support it’s a lot easier if you have made sure that they will be able to access financial help towards the cost of your funeral.

How to Save a Ton of Money at the Apple Store

Save3As you probably know, Apple is pretty stingy when it comes to coupons and promo codes.

They want to be know as a luxury brand, so if you want to save any money, you’ve got to be in the know.

We reached out to insiders and today we’re revealing Apple’s top secret discounts. Our best advice is to stack several of these tricks for some insane savings!

1. Shop Through Discover & Get 11% Cash-Back 

If you have a Discover credit card, you can use their cash-back shopping portal to earn a crazy 11% cash rebate on whatever you spend at the Apple store.

Here’s how this work: You earn your normal 1% cash back for using your Discover card, plus 5% for using the ShopDiscover portal, and finally if you make your purchase before December 31st, 2014, you can earn another 5% since Apple is a bonus category this quarter. Total it all up and you’re saving 11%!

If you don’t have a Discover card, you can sign up for one here (it’s a pretty easy credit card to qualify for).

I don’t want you opening cards you don’t need, but if you’re planning a big Apple purchase, then this might be worth it. For example, 11% cash-back on a Macbook Pro could be as much as $275-$400!

And if you’re a college student, Discover will give you an extra $20 for signing up. Here’s a link to that promotion.

2. Buy a Discounted Gift Card & Save 1-2%

One of my favorite hacks is to buy Apple gift cards at a discount through sites like Raise.com. Their marketplace matches gift card buyers and sellers, with discounts ranging from 1-2%.

They’re just regular gift cards, so you can them either in-store or online.

3. Teacher & Student Discount – Up to $200!

Apple offers incredible discounts to teachers and students. You just need a valid .edu email address. (Hint: Anyone can get an edu email address. Here’s how…)

You can buy through their education portal here. They’re currently offering up to $200 savings on a new Mac and up to $20 on a new iPad.

4. Use Swagbucks

Arguably one of the easiest ways to get free Apple products is with the Swagbucks rewards program. They’ll give you Apple gift cards for using their search engine, answering trivia questions, and watching videos.

It’s not a ton of money, but most people are able to earn about $10 a month in free Apple gift cards.

Plus, they also have a cash back shopping portal that will pay you 1% on your Apple.com purchases. So, if you don’t have a Discover card, I’d recommend using this instead.

5. Buy Refurbished  - Up to $450 Off!

Most people don’t realize that Apple has a special section of their site where they offer refurbished Apple products at huge discounts (up to $450 off).

Normally I’d be a little hesitant to buy electronics refurbished, but Apple tests, certifies, and include a 1-year warranty with all of these products.

6. Wait for Black Friday

The Apple store doesn’t usually offer Black Friday savings, but there are a few Apple retailers that do (Target, Walmart, Best Buy, etc.).

Here’s a rundown of some of the best Black Friday deals this year…

Apple iPad Air 16GB With $100 Gift Card for $399 at Target

Apple iPad mini 2 16GB With $100 Gift Card for $299 at Target

Apple iPad Air 2 16GB With $140 Gift Card for $499 at Target

Apple iTunes $100 (4 x $25) Multipack Gift Cards for $79 at Sam’s Club

Apple iPhone 5s 16GB Smartphone with $30 gift card for $79 at Target

Apple iPhone 6 16GB Smartphone for $99 at Sam’s Club

Apple MacBook Air Intel Haswell Core i5 1.4GHz 11.6″ Laptop for $780 at Best Buy

Apple MacBook Air Intel Haswell Core i5 1.4GHz 13.3″ Laptop for $1,050 at Best Buy

Apple iMac 21.5″ Core i5 All-in-One Desktop at Best Buy for $900

We hope this list helps you save a ton of money! Good luck Penny Hoarders!

This was originally posted on The Penny Hoarder

Finding yourself a Banking Position before the Holiday Season

Typically, the fourth quarter of the year is considered to have the most complicated hiring dynamics. This is due to the blend of fall activity, the end of year financial and budget maneuvering along with the slow down during the holiday seasons.

It is seen that hiring managers and bank CEOs tend to work towards reducing their operating fees by incurring search fees closer to the end of every year. Although many industries consider December to be a low season for hiring, a number of determined recruiters work towards filling in the year’s remaining positions before December 31st. If you are looking for a career in investment banking now, chances are that you will be at a benefit since competition is dwindling during Christmas and New Year.

Here are a few tips you can consider while looking for banking jobs before Christmas –

  • ·         Consider Applying for an Infrastructure Role

Few people know that most banks are recruiting at a 100% for their infrastructure requirements. Hiring for the finance, IT, operations and treasury is usually on an all time high during this time of the year. Furthermore it is found that there are significant openings in compliance right around Christmas.

  • ·         Don’t ask for a Bonus Buyout and Focus on a Higher Salary

If you want to make sure that your bonus be bought out before you change jobs, chances are you will not get an offer during this time of the year. Cost conscious bank recruitment policies make it viable for them to wait a few months and save that money instead. If your bonus is small, the ideal thing to do is to find a way to compensate for that loss by negotiating a higher salary.

  • ·         If you want a New Front Office Job, Go to a Smaller Bank

While it may be easy to get an infrastructure job at this time of the year, finding a position in M&A, trading and sales may be challenging. However, if you still insist on finding a position in the front office, apply to a boutique bank.

Finally, make sure your application highlights exactly what you are looking for. On the other hand, you also need to be flexible in a way that potential employers understand that you are not fixated on one or two positions. The most successful jobseekers are those that are open to relocate and consider different kinds of positions and employers.

Sorting out Your Finances

Organise your spending
Establishing what your current financial situation is need not be a nightmare; however, it will take time if you have neglected your accounts for a while. Start by assembling all the relevant paperwork and making two piles, one for income and one for outgoings. Print off any online statements so you can include them as well, and then add up each month’s transactions to see if you are striking even. If you are, just concentrate on putting some money aside, if not, then you will have to work on what has gone wrong and how it can be fixed.

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Get insured

By choosing to pay for life insurance, you are protecting your family’s financial interests, it is ideal for couples or people with dependent children. Always shop around to find a policy to fit in with your circumstances, as there are plenty to choose from. In the event of your death there may be specific debts you had like covered or a regular income for your loved ones, so consider what you need from a policy before committing financially. If you are worried about fluctuations in your monthly costs always, pick a policy that offers guaranteed premiums, that way your brilliant deal will never become a future burden.

When you have a specific beneficiary in mind you can write a policy in trust, this means that should the worst happen they would get a pay-out regardless of what happens to the rest of your estate. Moreover, as it is separate from the monies dealt with in a will, it can be discharged quickly and remains out of reach for creditors.

Cut your costs
Cost cutting need not mean going without, instead you could try implementing a few simple changes to save money. Start by establishing where your biggest spends are occurring, then think about what you could do to reduce these. Try low budget supermarkets, which are popular with perceptive shoppers, and price comparison websites, which enable you to seek out cheaper providers for your gas, electric or broadband. Use a monthly allowance scheme for luxury items rather than denying yourself altogether, that way you are less likely to lose heart and revert to your high-roller habits.

Reduce your existing debts

Borrowing money is not necessarily a bad thing; it can enable you to have a better quality of life without having to save for years. However, if you are paying extortionate amounts of interest or you have a number of credit cards, choosing to consolidate your debts is a sensible method of getting back in control. Many people also make full use of the interest free period on balance transfers offered by some credit cards, although you need to keep a close eye on the expiry date. It is also worth noting that if you have any savings you should use these to pay off outstanding debt. This may seem reckless in the short-term, but the interest you receive on savings is far less then you will be paying out on debts, so it makes clear economic sense.

If You’re Buying Life Insurance is It Best to Buy Online or In Person?

Save3An important thing to remember when you’re buying life insurance is that you need to shop around; there are so many different policies around that you need to give careful consideration to the product you’re going to purchase.

It can be a lot easier to check out the different products online. You can do so from the comfort of your own home and you have a huge variety of providers to search through. You also have the benefit of being able to conduct many searches through advice sites that contain lists of the different policies and providers, including useful and clear comparisons, see more at AAMI.

If I find a great deal online do I have to buy online?

Searching for a life insurance policy online is great for being able to examine a lot of the pros and cons of the policies without feeling the pressure of a face to face sales agent. You can just take your time and study all the details carefully; you don’t feel as though you’re being rushed to a decision.

There are some negatives to this; there isn’t really anything that can replace face to face contact if you have a lot of questions to ask to settle your mind. It’s easier to set up a trusting relationship if you’re in a room with someone who is being helpful in providing assistance. If you’re searching online, and you have questions to ask there and then, you may be able to live chat or pick a phone and call, but it’s not the same.

This can be especially frustrating if you’ve found a great deal online that you don’t want to miss out on. Don’t feel forced into a purchase just because a deal seems to be too good to miss. Take a step back and give it some consideration before you act on impulse.

So what’s the best way to go about choosing?

You may want to think about using a combination of online searching and face to face contact. Having all the knowledge that an online search provides can be of help if you then decide to approach a sales agent or broker. You are going into the conversation with a reasonable level of awareness so it will be far easier for you to know how to negotiate a good deal.

If you decide to buy your policy via a sales agent or broker you want to be dealing with someone you can trust; someone who is looking after your best interests. A sales agent will normally be representing a specific insurance provider whereas a broker is often independent. Whichever you decide on you need to know that they are reliable. The best way of doing this is to check their licensing credentials and then check for references. If these references come from people you know this is all the better. If a helpful broker has a secured great life insurance deal for your friends then chances are they’ll work well for you too.

You’ll probably feel a lot safer in your purchase knowing that you have someone with a level of expertise behind them. That being said, if you think you have enough knowledge to support a decision, there is nothing wrong with being independent and opting for that really good deal online. It’s going to come down to how much you value having some support, and how much you trust yourself in making life insurance purchase decisions on your own.

Some Facts for First Time Home Buyers

Buying a house for the first time can be a daunting task, and come with many unexpected surprises. The best thing you can do is research and prepare, leave no stone unturned, and you should be just fine. Below is list of items, a checklist of sorts, that will help you track all of the important home buying steps to watch out for.

Finding the right type of loan is everything. You are going to be locked into this loan for a period of several years, so this is something you want to make sure you get right. Look at Homestart low deposit home loans as a suggestion. The two most important aspects to any loan is the rate and fees associate with it. It’s no surprise that the lower both of those are then the better it is for you.

When looking into areas to purchase your house please keep the property taxes in mind. Some areas have higher tax rates, which are usually a percentage of your assessed home value. So while a large and expensive home can be a great thing, it can also be a very expensive thing. Search for a moderately priced home in a neighborhood with moderate tax values. This can save you a lot of money over the span of 10 or 20 years, you would be surprised.

Once you buy a house the expenses don’t just stop there, in fact, that’s when they really begin. There are maintenance and upkeep fees that are a necessity. Inevitably, appliances will fail and need to be repaired or replaced. Carpet will get old and worn down, and even furniture gets tattered and needs to be replaced. These are all very expensive items, that when maintained properly over the years, should only need to be replaced every great once in a while.

Homeowners insurance is usually a requirement if you take out a loan, but it’s something everyone should have regardless. You want to make sure you have the proper fire, flood, and theft insurance in case of an emergency. Obviously we hope that nothing ever happens, but having the peace of mind knowing you are covered is very important. One mistake that many first owners make is not taking out a large enough policy. For an extra couple hundred bucks a year you can take out a policy that is enough to rebuild your house from the ground up, and while this is the worst case scenario, it can and does happen.

Last but certainly not least, don’t forget about the daily living expenses! It is going to cost you money to heat your home in the winter, and to cool it in the summer. Presumably you also enjoy cable television and high speed internet services. Perhaps you even have satellite television with the total sports package. There is nothing wrong with all of that, but be aware that you are now on the hook for a monthly mortgage payment and that must come before everything else!

What to Know When Buying Your First Home

Buying your first home is one of the biggest decisions you will ever make in life, not to mention one of the most costly. This is precisely why you need to be fully aware of each step in the process, and the proper way to handle it. From finding the right realtor, to obtaining the right mortgage, and even the insurance and additional fees, there are quite a few things that need to be considered.

First, you don’t necessarily need to use a realtor. When I bought and sold my last house I did it alone. The typical 6% sales commission when selling a house can really eat away at any capital gains you make, and truth be told it’s just not that difficult. As long as you go out to your local hardware store and purchase a lockbox, as well as only allow potential buyers with realtors of their own in the house, then you shouldn’t have any problems. On the buying side, it can also be helpful to go it alone. The seller is on the hook for 3% to your realtor, and if you don’t use one then it can be an extra negotiation tactic to shave a little more money off the top. Now if you do decide to use a realtor then look up reviews on sites like Zillow or Trulia. This will allow you find experienced realtors that know the specific locale you are looking to buy in.

Finding the right mortgage broker and type of loan is very important. There are adjustable rate mortgages, or you can fix the interest rate on your home loan. In today’s economic climate a fixed rate is usually the way to go, since these low rates are virtually unprecedented. Though if you don’t expect to be in your house a very long time then an adjustable rate mortgage for a defined period of years might be your best bet. I know that 5 year ARM loans offer much better rates than a 30 year fixed rate, but if you don’t either pay off your house or sell it within 5 years then the rate is going to shoot up.

It’s not all about house hunting and obtaining a loan, there are other factors to consider when buying a home. You will need homeowners insurance. For this type of insurance you want to find the most reputable company you can, and make sure you have sufficient coverage in case anything should ever happen. Remember, this is the largest asset you will ever own, you need to treat it as such.