Archive for November, 2009

Hard Money Loan and Credit

Hard Money Loan. As a real estate investor there may come a time that it is to your advantage to get a Hard Money Loan (HML, bridge loan, private financing or equity based loan) for a transaction that you can not get financing from a conventional lending. As a matter of fact even if the rate and fees may be higher on an HML it may be better for you even if you qualify for conventional financing.

How to Search For Property?

If you wish to invest your hard earned dollars in real estate, there has never been a better time. There are so many property bargains right now with the short sale and foreclosures dominating the market. There are so many uber deals that the typical seller cannot compete.

Finally, hope for advisers who want to tweet and#8211; but not delete

Many advisers feel stymied when it comes to adopting social media. But for independent registered investment advisers whose main hurdle has been lack of a low-cost archiving, help is on its way.

Credit Suisse to buy back $79M in auction-rate securities

Credit Suisse Securities (USA) LLC has agreed to buy back $79 million of auction rate securities from Colorado investors who struggled to sell them after the market for them froze. State regulators said the agreement announced Tuesday is part of a multistate settlement in which Credit Suisse agreed to buy back or resolve more than $3.5 billion of auction rate securities from customers. It settles claims by regulators who alleged customers weren’t always told the risks of those investments, whose interest rates are reset at regular auctions, sometimes as often as weekly

XBRL still a foreign language for advisers

The use of XBRL continues to grow in the financial services industry and among its regulators, but it isn’t a part of financial advisers’ worlds — yet. That’s the general theme that came out of a conference held last week by XBRL US, a nonprofit consortium that is a proponent of XML business reporting. While the extensible business reporting language data standard has been around for a decade, day-to-day usage by most financial advisers remains low

Finding Penny Stocks to Buy

Finding a good penny stock to buy can be much like going to a used car lot looking for a high quality vehicle. While it is possible, much caution is before a purchase. Listed below are some steps to take before buying low priced shares

Bank of America CEO search may extend into 2010

Bank of America is having such a hard time finding a new CEO that some analysts are wondering if Ken Lewis might have to stay past his planned Dec. 31 departure. The nation’s largest bank had said Lewis’ replacement could be announced by Thanksgiving, but with no obvious right candidate emerging, analysts don’t see that happening.

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