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December 2016 Archives

Home sales fall in November following presidential election

Since the election of President-elect Trump, pending home sales have fallen by 2.5 percent across the United States. The number of pending home sales fell to the lowest level in close to a year in November after the election, according to the National Association of Realtors.

Contract for deeds can be a dangerous proposition

When you're ready to buy a home, one option you have is to get a contract for deed offer. This kind of offer usually comes with an agreement that you must complete before you can purchase the home. The process itself is a financing agreement, and unlike getting a loan from a bank or financial institution, there are few protections. You must be careful to understand the fine print of these contracts, because if you make a mistake, you could find yourself out of your home and without the money you put into it.

Mortgage underwater? Here's some tips to help

When you owe more on your mortgage than your home is worth, it's called being underwater. This problem has affected many Americans since the recession and continues to affect people all over the United States. According to Zillow, of those who purchased homes in the last five years, 29 percent owe more on those homes than the homes are worth.

What do you need to start a nonprofit?

When you want to start a business, there are many steps to take to make it legal and to obtain the contracts you need to hire employees or to make purchases over time with other business entities. One of the first things you need to do is to determine what kind of business formation you're going to have. For example, you can opt to be a sole proprietor or to have a partnership. You could opt for a limited liability company or corporation, or you could open a nonprofit organization.

Protecting your intellectual property is vital

Intellectual property is an important part of business; it can be an idea that spurs you into production or the basis for a new story or movie. Whatever your intellectual property is, it's necessary to protect it from infrigement. Here are a few tips for steps to take to make sure you protect the important property you own.