How to Get Construction Financing

Are you interested in a construction mortgage? There are two types of construction mortgages that you can go for: completion construction mortgage and progress draw construction loan.

Completion construction mortgage

You should apply for this loan when you are purchasing your home from a qualified builder at a fixed price upon completion of the building.

There are two types of this loan:

All-in one construction loan: this is a simple loan that offers you a one rate for both the construction process and the financing that comes at the end. When you take this loan you need to repay it within one year. You should note that you have to pay a penalty if you go over the time limit.

Purchase plus improvement: this is the one that you get when you buy a home that needs to be taken good care of. The contractor needs to keep on making the improvements that you ask him/her to do and you should only accept the building once you are satisfied with the improvements.

Both of these construction loans have a number of features:

The builder has to own the lot where the home is to be built
The builder can request for money only when the home is 100% complete.
The lender may require an appraisal before, during, and after the construction. This is to ensure that the home is worth the amount being mortgaged
You need to make a down payment-which can be made in a series of installments
Since the loan is almost similar to a resale property mortgage, the mortgage agent won’t require an administration fee in order to arrange this type of financing.

Before you are given the loan, you need to present a number of documents to the lender. The documents include:

Copy of building contract that has been signed by you and the contractor
House plan and working drawings
Site plan that shows the legal description and dimension of the property
An appraisal that indicates the final value of the home after construction

Progress draw construction loan

This is ideal when you are planning of construction your home using your own general contractor. You apply for funds at three different stages of the loan: when the building is 35-40%, 65-70% and 100% complete. You should note that the interest rates of this loan are higher than that of a traditional mortgage.

When applying for the loan you need to present a number of documents that include:

Copy of land contract
A resume confirming that you have good knowledge of the construction process
Copy of all sub-contracts which confirm the construction costs.

Successful SEO Services Consider Content Relevancy

For SEO services to be successful, various factors should be taken into consideration. One such factor is content relevancy. All SEO experts and others stress on the importance of content, but the content used at different sections, pages and layers of the website should be related to the main topic of the website.

During various stages of building webpages of a site, content relevancy should be aligned with other factors. The professional SEO service providers differentiate themselves from others by considering this fact. Now, let’s take a look at where content relevancy is needed to be implemented.

Content Relevancy at Keyword Strategy Level

Successful SEO specialists don’t just put together a bunch of highly effective keywords for a website. Such experts use meaningful variations of highly relevant keywords in a strategized plan and in close connection to each other to support the main keyword. Therefore, the content formed around such keywords constitute relevant content.

A good example of such keyword strategy level is when a section of the website deals with one particular topic. To address that topic, the best SEO services can do is to use a set of highly relevant keywords. This enhances the topic of that particular section.

Imagine a section of your website informs your audience of the “silk carpets”. You would want to add pages targeting key phrases like “silk carpet designs”, “silk carpet cleaning”, “silk carpet traditions”, etc to enhance the keyword relevancy and consequently the content relevancy of those pages within the entire website. So, all pages within that section will be better interwoven using such keyword strategy.

Topic Relevancy at Each Section of the Website

Using well-oriented keyword strategy to include keyword relevancy, each section of a website is also built around one topic. This will enhance the overall topic relevancy of the website if every other section of the website has got such relevancy inside itself in particular and in connection to the other sections in general.

When professional SEO services follow topic relevancy and lay the foundation of their website’s comprehensive content relevancy, they can expect their desired results. Otherwise, search engines won’t find any reason why some information is given at one section of the site while it doesn’t have anything in common with the other section. Ultimately, such websites lose their SEO scores and fail to obtain high search engine ranking.

Titles Relevancy to the WebPage’s Content

At a more detailed level, the content relevancy should exist within different parts of a page as well. It’s not useful to have a great attracting title, while the content doesn’t support it. The title of a webpage should strongly relate to the content of the same page.

When Internet searchers look for some information in search engines, they will be taken to the result pages where every result is shown in form of title, few lines of description and the URL of the destination page. If the title and description are well in line with the same topic, but the page content disappoints the web searcher, the SEO service provider had failed!

It’s not only the human visitor that would leave the page unhappy. Search engines, on the other hand, will not find much interesting content relevancy to score the page highly. This will leave no outstandingly successful result for your SEO services.

SEO Services Should Consider Content Relevancy Everywhere

Although content is usually referred to what we read on a page, other parts of a website also contribute to the content formation. So, they should be aligned with the overall keyword strategy, as well as topic and content relevancy. This should also reflect in the following points of a website:

– Meta Keywords

– ALT Tags,

– Folder Names,

– File Names, and

– etc.

This way, SEO services can bring higher probability of success for their clients’ websites as content relevancy is one of the key factors in determining if a website’s content is powerful or not.

Ask Yourself: Are You Relevant?

I have been thinking about this for quite a while. Have you ever asked yourself the question: Am I relevant?

What does it mean to be relevant? When I ask myself this question I think of the people I look to when I have a question. If I reach out for an answer from someone; I must believe in one way or another they have relevance to the answer I want or need.

If I have a problem with my car, in most cases, I typically will not go to my banker for an answer. I don’t go to my banker because I do not feel this individual is relevant to my question. On the other hand, I would not go to my doctor if I wanted an answer regarding a Certificate of Deposit or CD (not to be confused with a music CD). And I would not go to my auto mechanic if I had a back problem.

When we have questions we look to those who can possibly help.

Taking the scenarios above one step further; I might go to my mechanic when I have a back problem if I’m looking for a referral and I know my mechanic recently experienced back problems and the doctor had remedied the situation. My mechanic just became relevant because of recent experience and knowledge of someone who might be able to help me.

The same goes for the other scenarios above; there may be relevance but a different kind of relevance; they may not have the answer, but may have the ability to lead you to the answer.

Now we go back to the initial question. Are you relevant? Do people look to you for answers to their questions? Do they look to you when they need a referral? Do friends, family, co-workers, customers, supervisors, etc. turn to you when they are looking for answers?

For example if you work on a manufacturing line, do people come to you with questions regarding the operation of the line; if so, at least this individual believes you to be relevant. In this manufacturing role; do supervisors or managers ever come to you with questions regarding the line or seeking advice on the operations of the line; if so, you are relevant to even more people and to people who may be higher than you in the organization.

Maybe the questions presented to you are not directly related to your job or maybe they are completely unrelated; meaning you are considered a relevant or reliable source about something other than your day-to-day work. You may have relevance because of a hobby, a sport’s interest, family experience, visiting a certain city or area of the country; whatever it is something where people look to you for answers; makes you relevant.

Why is this important; you may be trying to advance your career and being recognized as relevant can go a long way toward reaching your career objective or current goal? You may be starting a business and relevance to your customers is critical to the success of your business.

The information you possess may make you relevant to other individuals or groups that are attempting to solve a problem and you are able to expedite the process because of your knowledge. These individuals may be prospective customers, suppliers, business partners, or may simply be someone who works – as Malcolm Gladwell identifies in his book, “The Tipping Point” – as a connector; one who brings others together.

Possessing knowledge or additional information makes you special and makes you someone people want to know better, you have become a person of interest.

Considering A PayDay Loan? READ THIS FIRST!

Payday loans can be a lifesaver if it’s truly used for an emergency – only you can decide what’s truly an emergency. Most times something comes up; we freak out and instead of thinking things through and finding other alternatives we quickly react and put ourselves in a worst position than we initially started out; hence the existence of payday loans and car title loans and every other high interest loans available to those with less than stellar credit.

To borrow a payday loan is simple; you typically pay $20 per $100 borrowed or more. The appeal is all you need is a job, proof of employment and a check with a future date stamped on it – easy, right? No hassle, and most importantly no credit check. I’d rather you avoid them completely but if you must please choose one that is with the Community Financial Services Association; an association that provides guidelines that protect the consumer.

The most negative thing about a payday loan are the interest rates/fees! It comes to about 400% interest on a loan! That’s absurd. But if you need your car fixed; furnace repaired, water heater replaced – it suddenly doesn’t seem that bad. The key thing to remember is not to borrow more than you need. The payday loan clerk is a salesman; just because he/she states you can borrow up to $1000 does not mean you should accept it. Borrow only what you need!!! And if they offer you the monthly payment plan don’t fall for it; remember their job is to sell so that THEY can make more money. Pay if off all at once and avoid the pitfall of the monthly payments that make them more money and cause a financial strain on your budget.

So; what if you ignored everything that I’ve just said and borrow more than you can pay back by the next pay period? Well if they’re a member with the CFSA, all you need to do is tell them you can’t make the payment by the due date. As a member of the CFSA, they’ll need to stop all collection activity and give you 4 additional pay periods to pay back the loan in full. Oh, and they can’t charge you any additional fees during this period either. This must be done before the due date; or at least before close of business on the day before the loan is due; preferably in person; and it can only be done once on the same loan. It’s called an Extended Payment Plan. If they deny you or state they don’t offer this; call CFSA directly at 888-572-9329.

Now I must admit the collection activity from payday loan companies are THE WORST! They call your job; threaten automatic wage garnishments, threaten to sue you or file a police report for bank fraud to send you to jail (based on the post-dated check you wrote them); the list goes on and on – and its illegal. State laws govern the collection activities of original creditors; and fortunately most state laws closely follow the laws of the Fair Debt Collection Practices Act so all you need to do is look up your state’s laws on payday loans collection activities and rules. The list is usually found on your state’s Attorney General’s website; your state’s Consumer Affairs website will have some valuable information as well.

The Truth Behind The Network Marketing Industry

The Multi Level Marketing (MLM) Industry popularly known as the Network Marketing industry, is indeed a very simple and profitable industry but sadly with a lot of negative feedback. The truth is that you can make a lot of money in the MLM industry. A lot of ordinary people have built businesses that provide passive income streams for them and their families and friends, who are in their network for life! The beauty about having a business that provide passive income streams is that you can get to enjoy life doing whatever you want or decide. All that is required is a few years of smart and dedicated work. Today though, this has been made a lot easier as some MLM companies have gone online. There is an MLM company today that operates entirely on an e-commerce platform! This means that you can reach more people using your website or social media to sell almost any product and to anyone anywhere in the world. The network marketing industry is a $167 billion industry churning out millions having huge passive income streams.

I am a partner with one MLM firm that is a 100% e-commerce based here in Nigeria. This means that I can actually do the business from home. With proper application of e-commerce concepts, you can indeed earn a stream of passive incomes for life! This is however not a get-rich-quick scheme. Success in the MLM industry entails following a set of professional guidelines and being consistent. Many people in the MLM industry fail to apply basic guidelines needed to start and grow their own MLM business. Many fail to realize that their MLM business should be handled as a real business where you will be required to recruit a team of people that believe in your mission and vision.

The network marketing industry is a 167 billion Dollar industry and about 91 million people are involved in the network marketing industry around the world today. The industry is now booming in the rest of the world because it is almost the only recession proof industry! During the economic recession that occurred in the world in 2008 and 2009 and the one before that in 1998, it was the only Industry that was growing. While other industries like the automobile and financial industries were either collapsing, downsizing on the number of employees or cutting down salaries, the network marketing industry was getting larger. This is why a lot of people have shifted to Network Marketing.

Even great men and thinkers are beginning to endorse the MLM business model. Bill Gates has been quoted saying that if he had another chance to start up, Microsoft would have adopted the network marketing model. Little wonder the Network marketing Industry continues to grow at an unexpected rate. This is especially true in the United States that recorded a growth from $13 billion in 1992 to over $132 billion in 2010; more than 82 million new people have joined the Network Marketing Industry in the past 20 years! In fact, it is now estimated that over 15,800,000 distributors in the United States alone now participate, full- or part-time, in Network Marketing-and these numbers continue to grow.

After 20 year, the Network Marketing Industry still fits today’s hot trends-home-based businesses, entrepreneurship, and self-reliance-and in Nigeria, the growth is beginning to catch up with the rest of the world. My articles continue to educate its readers how they too can move beyond economic security to economic prosperity by taking advantage of this wealth creating industry.

Feel free to find out if Network Marketing is right for you. Learn how to select a company, and how to begin your own home-based business, using the skills and resources you already possess because, after all, it’s still your future!