Tags |
|
|
Links |
|
|
Casual Articles - Costa Rica - Watch Out for the Real Estate Sharks
Debt consolidation loans help you write off your high-interest debts that may have become unmanageable for you in due course of time. The present day financial market in UK is full of lenders who will be more than willing to provide you easy debt consolidation loans at competitive rates.It generally happens that people rush after easy credits available in the financial market without giving due consideration to the rate of interest involved in the process. These fast and easy credits can be sourced from credit cards, store cards and other avenues that attract high interests. If you have got entrapped by such debts there is an easy way out. Opt for debt consolidation loans that usually come at lower rate of interest as compared to what you are paying currently to your multiple vendors.Debt consolidation loans may be classified into secured and unsecured loans. Although secured debt consolidation l
2. “We don’t mark up proper
For parents of minor children who want to know what ALL the options are when thinking about divorce, hear this. A mind works best, like a parachute, when it is open. There are very creative ways to divide property and to share children if both parties keep their eye on the prize – the well being of the children. They didn't ask for this drama and it is possible to shield them if the two of you work at it. The idea of "working at it" may sound odd to a couple who is about to break up just because their relationship isn't "working" but if you have children together your job will never end. There will be weddings and grandchildren and holidays for the rest of your life. If you start World War III now, with the kids caught in the middle, they are going to have to do a lot of duck and cover as your verbal bullets whiz over their heads.Take a step back and focus on the children. No matter what perceived wrongs may or may not have happened to you, this is where you are right now and playing the blame game ma
Costa Rica does not regulate the real estate business and this leaves you, the buyer, at a huge disadvantage. All real estate agents in Costa Rica are in business for only one reason - to make money. They only make money when they sell a property. All the agent wants is your money. The expression “shark” is a very fitting synonymous for “real estate agent.” However, in my opinion, it is it is a derogatory comment about sharks.
Agents can be great people, best friends and can even be from your home country but do not trust them as the final authority with your investment money. They do not have your best interest at heart.
Here is my personal list of real estate stories (lies?) that I have heard from several agents in Costa Rica.
1. All Ticos (Costa Rican's) are out to screw you! I have found that some are and others are not out to take advantage of you financially. After living here for a year, personally I am more leery of Gringos trying to sell me something than the Ticos. This is because I know what the Tico wants but do not know the Gringo’s true agenda. Anyone who uses such generalizations should be included in the group that they are criticizing.
2. “We don’t mark up proper
There is no better feeling than the feeling of complete control. Many people get this feeling when they finally pay off all their credit cards. However, many people who get out of debt often rebound right back into the same pattern of charging things to credit cards, and then making only the minimum payments.Money StarvationYou know why they say most people fail on diets? It’s because they restrict themselves so much they become obsessed with food. If you say I am not going to eat ice cream ever again, all you think about is ice cream and you end up eating pints of Ben and Jerry’s. Setting a budget is just like going on a diet, many fail because it is too restrictive. If you count every cent you spend and refuse to by that cheese because you don’t have a coupon, you are going to become so obsessed with saving money, that eventually, in the end, you will have a money binge, spending way more than you should. This is how many people who have gotten out of debt, have found themselves in the
Agents can be great people, best friends and can even be from your home country but do not trust them as the final authority with your investment money. They do not have your best interest at heart.
Here is my personal list of real estate stories (lies?) that I have heard from several agents in Costa Rica.
1. All Ticos (Costa Rican's) are out to screw you! I have found that some are and others are not out to take advantage of you financially. After living here for a year, personally I am more leery of Gringos trying to sell me something than the Ticos. This is because I know what the Tico wants but do not know the Gringo’s true agenda. Anyone who uses such generalizations should be included in the group that they are criticizing.
2. “We don’t mark up proper
As you collect leads with your autoresponder, you will get an e-mail digest of everyone's e-mail addresses that requests information from your autoresponder. This is what it known as a warm list. They were/are interested in your product, but they haven’t made a decision. At the very least, they are now a “targeted email address”. Your autoresponder will do its job, but a majority of these prospects won’t do anything. However, they ARE interested, but you haven’t shown them yet WHY they need to buy from you. Here are some things that you can do to increase the success rate from your autoresponder.1. First of all, you will fine-tune your “outgoing” message from your autoresponder from time to time. Remember this as you are implementing the suggestions below, and you will know what will need to be changed.2. Publish a price list of all the products and services that you offer. You could also include order forms, product descriptions, and other sales material.3. Publish free reports in
Agents can be great people, best friends and can even be from your home country but do not trust them as the final authority with your investment money. They do not have your best interest at heart.
Here is my personal list of real estate stories (lies?) that I have heard from several agents in Costa Rica.
1. All Ticos (Costa Rican's) are out to screw you! I have found that some are and others are not out to take advantage of you financially. After living here for a year, personally I am more leery of Gringos trying to sell me something than the Ticos. This is because I know what the Tico wants but do not know the Gringo’s true agenda. Anyone who uses such generalizations should be included in the group that they are criticizing.
2. “We don’t mark up proper
Everywhere in the world today, people are becoming submerged in debt. Everywhere you look, it is possible to purchase today and pay tomorrow, consumers are steadily falling into this trap everyday, and before they know it, they are so far in debt they are unsure how to get out. This is where debt counseling comes in; however you need to be made aware of debt counseling frauds. Some are only in place to take your money.Legitimate debt counseling companies do not claim to be not-for-profit if they are not. There have been cases where a company has claimed this and ended up swindling their client's money. There are ways to protect yourself; you should check a debt counseling company's reputation thoroughly before investing your time and effort into them.Never conduct business with a company that requires any upfront fees or asks you for voluntary contributions. This is a red flag, legitimate debt counseling companies advise you on money management, budget development, debt and educational material
1. All Ticos (Costa Rican's) are out to screw you! I have found that some are and others are not out to take advantage of you financially. After living here for a year, personally I am more leery of Gringos trying to sell me something than the Ticos. This is because I know what the Tico wants but do not know the Gringo’s true agenda. Anyone who uses such generalizations should be included in the group that they are criticizing.
2. “We don’t mark up proper
If you are urgently in need of cash, and do not know where to get it and you are a home owner you can apply for a home equity loan. This will mean that you will be allowed to access cash from your home loan. This is money which you have already paid off on your home loan. You may borrow it and then pay it back within a certain period of time at a certain rate of interest.All home owners who qualify for this loan may borrow this money as often as they like as long as the previous loan has been fully paid off on time. The lenders will check the applicant’s credit worthiness and even if this is bad they will still lend them the money but on slightly different terms.This loan can be borrowed by home owners to improve on their homes. It can be used for any other projects as well. The banks and money lenders are not watching to see what you are going to spend the money on. They are just concerned in getting back their capital plus interest at the specified time.When you shop around for
2. “We don’t mark up property like other agencies...” They may not use the same % of markup (called “Net Listings” which are illegal in the US) but don’t believe them unless they will let you or your attorney talk directly to the seller to verify the asking price. There is one very well known agent in the northern central valley that has previously openly advertised that he doesn’t mark up properties when in reality he does mark up property whenever he thinks he can do so. I forgot the exact words he used but the gist was: Real estate in Costa Rica is unregulated so we can do anything we want.
3. We charge a commission to the buyer because Costa Rican’s don’t pay commission. What a line if I ever heard one! Costa Ricans are not dumb and they know that to sell the property, they probably have to pay someone to find a buyer. Is the agent double dipping? I don’t know but I am willing to bet that nine times out of ten the seller is paying someone to get the property sold and the agent is making money on both sides of the transaction.
4. You or your attorney cannot talk directly to the seller. The excuse often give
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.casualarticles.com/article/133215/casualarticles-Costa-Rica--Watch-Out-for-the-Real-Estate-Sharks.html">Costa Rica - Watch Out for the Real Estate Sharks</a>
BB link (for phorums):
[url=http://www.casualarticles.com/article/133215/casualarticles-Costa-Rica--Watch-Out-for-the-Real-Estate-Sharks.html]Costa Rica - Watch Out for the Real Estate Sharks[/url]
Related Articles:
How To Cut Your Business Expenses
Internet Marketing Strategies - Part Six: Setting Up Your Affiliate Program
Four Steps To Eliminate Frustration and Turn Your Online Failure Into Internet Success
Bookmark it:
|