Negotiating Debt Settlement – Doing it the Right Way

Negotiating debt settlement is something that you can attempt on your own, or you can have a representative who will go through the process on your behalf. In either case, if you are having trouble making your monthly payments in the time allowed, or you simply cannot afford all of your credit obligations, such a program might be for you. Communicating honestly with your creditors can go a long way in getting a moderate amount of debt reduced or revised.

First of all, when you begin negotiating debt settlement, you need to take a look at your income and decide how much of it you can put towards your credit bills. At this point in the process, having a monthly budget for your expenses is crucial. It is also important that you know how much you owe overall. By having this information at your finger tips, you will be better equipped to deal with the negotiation process. Also, by being upfront with your creditors, you have a better chance of coming to an agreement that is beneficial for you and satisfactory for them.

Secondly, you must be aware that negotiating debt settlement may not be an overnight process. It can be a beneficial solution, but you will be required to demonstrate to your creditors that you are in a financially difficult situation. They may be willing to settle the debt through means such as a tax refund, a second mortgage, or other such loan.

If you are considering acquiring more debt to pay off your existing obligations, make sure that you are not digging a larger hole than you are already in. The goal of negotiating debt settlement is to decrease the amount you owe, not to make your situation worse. Furthermore, there are several ways you might be able to approach negotiating debt settlement. For example, you may be able to come to terms with your creditors with an overall reduction of the amount you owe.

They may eliminate late fees or over limit fees so that the sum you have to pay is more manageable than your current terms. Another option that might work for you is working out a reduction in your interest rate. This payment option will also reduce the overall amount of money that you owe. Regardless of the terms of your repayment, make sure you calm, cool, and collected when you are negotiating debt settlement. Your creditors are just as anxious as you to get your debts resolved, but of course, they want to get as much as they can from you.

They can sense urgency, and they may try and take advantage of someone who appears desperate. However, if you demonstrate that you are willing and eager to take care of your obligations, they will be much more apt to work with you under an arrangement that you can handle. You definitely do not want to enter into a program and default on a payment. They may not give you a second chance.

Ultimately, negotiating debt settlement can be an effective way to reduce or eliminate your debt, but you need to be willing and able to make lump sum payments or have the financial ability to pay under their terms. There are just as many benefits to going it on your own as there are to hiring someone to take care of it for you. It is important to remember that, in debt settlement, it is very important to finish whatever you start.

Some Suggestions on Keeping Your Home Presentable When it is For Sale

Staging a home for sale involves such cosmetic changes as necessary to make the home appear to be in an up to date and well cared for condition. Simple additions such as an inexpensive but stylish light for the entry or a coordinating shower curtain and towels for the bath can make a difference in the way a home is presented. In fact, concentrating on the entryway and the kitchen and bath often give the most return for your dollar and are the easiest updates to accomplish. While granite counter tops are very much in style and appreciated by the home buyer, an impeccably clean kitchen with laminated countertops completely clear of clutter can also give an inviting look to a prospective homebuyer. In the same way, a bathroom that is spotless and outfitted with a beautiful set of towels and a lovely set of shower curtains can go a long way in making the bathroom more appealing.

Homes are languishing on the market for months anymore and it is more important than ever that these homes are kept in a perfectly pristine condition for viewing at anytime. Any opportunity to show a house may result in a sale and should be taken very seriously by the seller. Here are a few suggestions to keep a home in a desired condition:

o Consider hiring a person to come in every week or so to take care of the routine jobs such as vacuuming, scrubbing bathroom and kitchen fixtures and changing bedding. This frees up the homeowner to attend to everyday things like loading the dishwasher, putting away laundry and making beds. The idea here is to always return items to their proper place so that the house appears easy to maintain and large enough to have a place for everything that is needed in everyday life.

o Give thought to meal preparation so that the kitchen can be kept in a condition that is easy to clean up and make presentable at any given time. Sometimes it may be advantageous to cook several meals at one time so that there can be a freezer full of dinners that only require being thawed and heated up. This can be especially beneficial after a full and tiring day at work when the last thing you want to do is spend time tidying up the kitchen after cooking a meal. This reduces the amount of time that is needed in the kitchen and also dramatically cuts down on the cleanup end of things. Ideally, if these so called “batch cooking” sessions can take place in the home of a relative or friend it is even better because the mess can be cleaned up at the leisure of everyone involved and a person does not risk getting a call for a home showing during this busy time.

o Involve the whole family in everyday tasks such as making sure dirty laundry makes it to the hamper and then to the laundry room. Controlling the accumulation of magazines, newspapers and school papers brought home by the children can go a long way in making a home neat and clutter free.

How Great Real Estate Agents NEGOTIATE, For You?

Although, every real estate agent, must be licensed, and comply, with, both the laws of the state, he does business, in, as well as the Code of Ethics, of the National Association of Realtors, some may be, better – suited, for you, than others. There are many factors, which might, influence, your important decision, of, who you should hire, to represent you (also known as, list your house). Since, for most people, their house represents, their single – biggest, financial asset, wouldn’t it make sense, for you, to choose wisely, when selecting your real estate agent? Often, one of the most essential skills, is overlooked, or misunderstood, This characteristic and skill, is the art and science of quality, effective negotiations. With that in mind, this article will attempt to consider, examine, review, and discuss, how great real estate agents, effectively negotiate for your best – interests, and make a real difference, for the better.

1. Listen far more than talk: One of the most overlooked aspects of negotiating, is proceeding, with a willingness, and ability, to listen, far more than talking. Since, for most of us, our favorite sound, is the sound, of our own voice, this becomes challenging, but is essential! When one effectively, listens, and learns from every conversation and experience, he becomes capable of providing customized, quality representation, focused on the needs, and priorities of his clients. This genuine empathy is rare, but how can anyone, hope, to do, what’s in a client’s best – interests, if it is not the driving force.

2. The art of negotiating: Negotiating is both, an art and a science, but, unless, one, first masters the art, it becomes, nearly impossible, to provide the best negotiations, for the specific homeowner. Negotiating begins during the interview stage, when the agent must demonstrate, clearly, his skill. A homeowner should observe, whether, an agent, can defend, effectively, the fee/ commission, he requests, because if someone can’t negotiate, in his own, best – interest, how will he be able to do so, for you? In addition, there is a need, for agent and client, to communicate clearly, so they proceed, consistently, on the same – page, throughout the entire transaction process, and period. How an agent explains his marketing plan, niche market/ audience focus, and creates a clear – cut strategy, will determine, how well he positions you, to be in the best possible, negotiating position!

3. The science of negotiating: There are certain specific techniques, needed, to negotiate, effectively. Some of these skills include: effective listening; understanding both your client and potential buyer’s needs, goals and priorities; accentuating the positive, while minimizing/ addressing, areas of weakness, etc; timely responses, always; and, closing the deal!

Master the art and science of quality negotiations, and you will be a better real estate agent! When you serve your clients, more effectively, and efficiently, you’ll do a better job!