Tuesday, September 02, 2014
Top Entrepreneur News

Tue, 02 Sep 2014 21:00:00 -0500

Success is never guaranteed in online marketing but avoiding these common errors makes it much likelier.

Tue, 02 Sep 2014 20:30:00 -0500

The tech giant has broken its silence regarding its probe into the mass leak of naked celebrity images by cyber criminals. Here are the latest developments.

Tue, 02 Sep 2014 20:30:00 -0500

Have productive discussions to create the most purposeful goals at work and the rest of your life.

Tue, 02 Sep 2014 20:00:00 -0500

For HR, the promise of wearable technology offers huge possibilities, particularly for recruiting and hiring.

Tue, 02 Sep 2014 19:45:00 -0500

Joint ventures always make sense on paper but not so much when we flawed humans are actually running things.

Tue, 02 Sep 2014 19:30:00 -0500

Follow these eight steps to prompt (older) employees, colleagues and business associates to respect and value your input and actions.

Tue, 02 Sep 2014 19:15:00 -0500

Eating into your profits is an endless game that usually ends with you losing. Create value by framing your business as the superior option.

Tue, 02 Sep 2014 19:00:00 -0500

Singular titles can play a part in highlighting a unique corporate culture. This can help companies find the right people and vice versa.

Tue, 02 Sep 2014 18:56:00 -0500

The unreleased OS was mistakenly mentioned in an online post by Microsoft’s Chinese division.

Tue, 02 Sep 2014 18:42:00 -0500

The automobile company is reportedly installing monitoring devices in its cars to ensure drivers keep their eyes on the road.

Tue, 02 Sep 2014 18:30:00 -0500

Bad attitudes in the workplace can spread like wildfire. Here's how to stamp them out.

Tue, 02 Sep 2014 18:17:00 -0500

Following the tragedies of Flight 370 and Flight 17, Malaysia Airlines rolled out -- and then promptly scrapped -- a contest asking consumers to describe their bucket lists.

Tue, 02 Sep 2014 18:15:00 -0500

In the startup world, recruiting is a battlefield. Here is where startups have an advantage over brand-name competitors

Tue, 02 Sep 2014 18:00:00 -0500

People visit your website looking for what you offer. Making them feel welcome is step one to earning loyal new customers.

Tue, 02 Sep 2014 18:00:00 -0500

Mindfulness may sound like the latest buzzword, but the centuries-old notion of enjoying the present moment is more than trendy philosophy. In practice it can do wonders to enhance productivity and happiness in the workplace.

Tue, 02 Sep 2014 17:45:00 -0500

Hiring employees who understand and exemplify corporate values serves to reinforce the organization's mission and vision and create a tighter team.

Tue, 02 Sep 2014 17:30:00 -0500

No one knew daring people to dump cold water on each other would go viral, so don't be afraid to try your crazy marketing idea.

Tue, 02 Sep 2014 17:15:00 -0500

Here’s the roadmap a data company uses when advising their customers how to utilize their numbers.

Tue, 02 Sep 2014 17:12:00 -0500

How an unknown hacker reportedly broke into dozens of celebrities' iCloud accounts and snatched naked images of them, plus how you can protect your iCloud account.

Tue, 02 Sep 2014 17:00:00 -0500

To be able to provide all the right services for your hair salon and day spa, here's who you'll need to bring on board to help.

Tue, 02 Sep 2014 16:30:00 -0500

Success isn’t dependent on some X-factor or trick, but on consistency, connection and a little creativity.

Tue, 02 Sep 2014 16:15:00 -0500

Entrepreneurs are full of lessons and advice, making them ideal candidates to write a book.

Tue, 02 Sep 2014 16:10:00 -0500

The San Francisco-based ride-hailing app will face fees of $328,000 each time it operates in the fast-growing European market.

Tue, 02 Sep 2014 16:00:00 -0500

Don’t repeat these common mistakes as you venture into e-commerce.

Tue, 02 Sep 2014 15:56:00 -0500

Publicity stunt du jour, part II.

Tue, 02 Sep 2014 15:45:00 -0500

How and what the leader communicates is the most significant factor shaping how a company is perceived.

Tue, 02 Sep 2014 15:41:00 -0500

Fast-food workers are planning a strike this week that could be the largest yet as the responsibilities of franchisors and franchisees continue to be battled in court.

Tue, 02 Sep 2014 15:30:00 -0500

Great entrepreneurs understand that great ideas can often come from really bad ones.

Tue, 02 Sep 2014 15:20:00 -0500

While minimally-appointed office spaces are typically thought to be the most productive, a new study suggests that ornamentation -- via greenery -- can enhance efficiency.

Tue, 02 Sep 2014 15:00:00 -0500

Pop-up meal company Dinner Lab owes its blockbuster success to its savvy analysis of information from its consumers.

Tue, 02 Sep 2014 15:00:00 -0500

Here’s how to use the scientific method to achieve success as an entrepreneur.

Tue, 02 Sep 2014 14:49:00 -0500

The feature, which was announced earlier this summer, has quietly launched.

Tue, 02 Sep 2014 14:30:00 -0500

To be successful in today’s online marketplace, web stores need to focus on delivering the full customer experience.

Tue, 02 Sep 2014 14:15:00 -0500

Examine the opportunities skeptically, but when you're convinced you've found a winner, get on board with any job you can.

Tue, 02 Sep 2014 14:00:00 -0500

Think of it as a way to connect with your audience's audience.

Tue, 02 Sep 2014 14:00:00 -0500

Ramona Streit became a home care franchisee eight years ago. Here's how she made her decision and what she has learned along the way.

Tue, 02 Sep 2014 13:30:00 -0500

You only get one shot at a first impression. Here are some ways to sell yourself.

Tue, 02 Sep 2014 13:00:00 -0500

Start your week with these top tricks and tips from Entrepreneur's online contributors.

Tue, 02 Sep 2014 12:45:00 -0500

Customer service comes down to answering two very simple questions.

Tue, 02 Sep 2014 12:30:00 -0500

Millennials? So yesterday. In the next year, companies will focus their attention on recruiting the next generation.

Tue, 02 Sep 2014 12:00:00 -0500

Starting a business with your significant other can make a lot of sense, until it doesn't. Consider these pros and cons before jumping in.

Tue, 02 Sep 2014 11:45:00 -0500

Stop thinking 'close the deal' and start thinking 'begin the relationship.'

Tue, 02 Sep 2014 11:30:00 -0500

Despite challenges, wearables are starting to gain traction. But when will they have mainstream appeal?

Tue, 02 Sep 2014 11:00:00 -0500

There is no need to ask for a raise when you increase the value of what you have to offer.

Mon, 01 Sep 2014 19:30:00 -0500

When she was 16, Dulce Luevano was making $5.15 working at CiCi's Pizza. Now, she owns her own shop.

Mon, 01 Sep 2014 17:30:00 -0500

Passion for her product drove Sanden Andrews to open up four Smoothie King shops.

Mon, 01 Sep 2014 16:00:00 -0500

Grill-cleaning can make for a grate opportunity for franchisees.

Mon, 01 Sep 2014 15:00:00 -0500

As a 21-year-old business novice, Lauren Morenz found meaning in her job as a Fetch! Pet Care franchisee.

Mon, 01 Sep 2014 14:00:00 -0500

College doesn't cut it.

Mon, 01 Sep 2014 13:00:00 -0500

Andrew Wilson hasn't let the fact that he’s spent five of the last 10 years deployed slow him down as a franchisee.

Mon, 01 Sep 2014 11:00:00 -0500

For this franchisee, franchising allowed her to serve others – and find the love of her life.

Sun, 31 Aug 2014 18:00:00 -0500

Working hard? Find the ultimate in relaxation at your home away from home with the help of these luxe services.

Sun, 31 Aug 2014 16:00:00 -0500

Imagination Yoga uses storytelling to encourage kids to move through a series of yoga positions.

Sun, 31 Aug 2014 14:00:00 -0500

More and more older Americans are heading back to school. Here's why.

Sun, 31 Aug 2014 12:00:00 -0500

One family discovered surprising savings in money and stress when they shed their second car in favor of ridesharing services and public transportation.

Sat, 30 Aug 2014 22:00:00 -0500

Google, Amazon and Uber are all testing delivery services.

Sat, 30 Aug 2014 19:00:00 -0500

Employees who use more vacation days end up with better performance reviews, according to a recent study.

Sat, 30 Aug 2014 16:00:00 -0500

Traffic lights for toilet stalls cuts down on bathroom wait times at concerts, stadiums and other venues.

Sat, 30 Aug 2014 14:00:00 -0500

Gain credibility and give your business a boost by putting your experiences on paper.

Fri, 29 Aug 2014 22:30:00 -0500

Consumers have little patience when shopping online but no business is too small to afford a high performance site.

Fri, 29 Aug 2014 22:00:00 -0500

If infographics blew up because they caught people’s attention where a boring report wouldn't, interactives are blowing up because they catch people’s attention -- and hold it.

Fri, 29 Aug 2014 21:30:00 -0500

When employees believe in the brand, the company prospers.

Fri, 29 Aug 2014 21:00:00 -0500

A coach shares his lessons from the basketball court, noting that the failure quotient is more important than IQ.

Fri, 29 Aug 2014 20:00:00 -0500

Startups that hire well-known industry insiders sometimes find they create bigger problems with their egos than they solve with their expertise.

Fri, 29 Aug 2014 19:30:00 -0500

Millennials who are new to management roles can follow these three tips to achieve better outcomes.

Fri, 29 Aug 2014 19:03:00 -0500

The 120-year-old company unveiled a new logo today, much to the amusement (and disgust) of commenters on social media.

Fri, 29 Aug 2014 19:00:00 -0500

Set up processes that build trust, accountability and communication to reap the benefits of having a remote operation.

Fri, 29 Aug 2014 18:30:00 -0500

The first year of a startup can be a brutal time for an entrepreneur. Here are a few lessons on how to survive the first 12 months.

Fri, 29 Aug 2014 18:00:00 -0500

Research shows that businesses of all sizes would be wise to include leadership from all walks of life.

Fri, 29 Aug 2014 17:48:00 -0500

Here's a statistical breakdown of all of the completed campaigns on Indiegogo and Kickstarter as of early August.

Fri, 29 Aug 2014 17:41:00 -0500

From grill-scrubbing robots to flamethrower-like fire starters, these hot gadgets can fire up your grilling game.

Fri, 29 Aug 2014 17:41:00 -0500

As the coffee market heats up, Dunkin' Donuts is finally serving up dark-roast brew.

Fri, 29 Aug 2014 17:30:00 -0500

Should you stay or should you go? Here's how to tell whether you should keep working with that client.

Fri, 29 Aug 2014 17:00:00 -0500

Treat every potential client as you would someone who you hope will give you a second date.

Fri, 29 Aug 2014 17:00:00 -0500

This CEO explains the one quality that he believes entrepreneurs need to study and master for success.

Fri, 29 Aug 2014 16:30:00 -0500

These seven practices can enhance the benefits of community in an informal office space.

Fri, 29 Aug 2014 16:27:00 -0500

Days prior to taking office, Emmanuel Macron suggested that unions should vote on certain 'exceptions' to a long-running and controversial French law.

Fri, 29 Aug 2014 16:09:00 -0500

If they succeed, the non-profit could use the registration to block other charities from capitalizing on the viral campaign.

Fri, 29 Aug 2014 16:00:00 -0500

Where the gap between the digital and the real starts to blur.

Fri, 29 Aug 2014 15:36:00 -0500

The California Supreme Court ruled that Domino's could not be held liable as an employer in an employee's sexual harassment case.

Fri, 29 Aug 2014 15:30:00 -0500

Starting a business requires a mentality that enjoys a mix of activities that include leadership, decision-making and problem solving.

Fri, 29 Aug 2014 15:00:00 -0500

This veteran explains the importance of creating a roadmap -- and delivering on it.

Fri, 29 Aug 2014 15:00:00 -0500

Don't lose hope when challenging projects seem to drag on. Use these tips to stay on track.

Fri, 29 Aug 2014 14:51:00 -0500

The tech giant recently completed test flights in Australia with a drone that hovers like a helicopter and flies like a plane.

Fri, 29 Aug 2014 14:30:00 -0500

Don't let your guard down when planning a getaway. Consider these tips to stay safe from criminals and online threats.

Fri, 29 Aug 2014 14:00:00 -0500

There is a massive problem of companies not pursuing customer inquiries right away, which is a huge opportunity for you.

Fri, 29 Aug 2014 13:30:00 -0500

The hardest part about being an entrepreneur isn’t coming up with the next genius idea, it's getting it out there.

Fri, 29 Aug 2014 13:13:00 -0500

After leading Rovio Entertainment for five years, Mikael Hed is stepping down as chief executive.

Fri, 29 Aug 2014 13:00:00 -0500

While many young techies are spending their money on nightlife, others are taking it a step further, by buying their own stake in restaurants and bars.

Fri, 29 Aug 2014 13:00:00 -0500

Before your kick-off your holiday weekend, check out the news business owners need to know.

Fri, 29 Aug 2014 12:30:00 -0500

Blogging has become the world's most crowded and competitive non-profession. The vast majority make peanuts and have close to zero market share.

Fri, 29 Aug 2014 12:00:00 -0500

Photos apparently outperform all other types of content on Google's social network.

Fri, 29 Aug 2014 11:30:00 -0500

Follow these tips to introduce movement into your otherwise sedentary day at the desk.

Fri, 29 Aug 2014 11:00:00 -0500

A huge majority of employees report being disengaged, mostly because they are ignored. Motivating them is often as simple as listening.

Thu, 28 Aug 2014 23:00:00 -0500

The power of mobile marketing to attract and retain customers turns against entrepreneurs who forget there is a person receiving that message.

Thu, 28 Aug 2014 22:30:00 -0500

Add these business titles to your book bag to get your thinking off the beaten path.

Thu, 28 Aug 2014 22:00:00 -0500

There are five interesting parallels between these two worlds that can help your staff close deals.

Thu, 28 Aug 2014 21:30:00 -0500

They're young and already changing the status quo. Discover and follow these four young entrepreneurs as they rise up.

Thu, 28 Aug 2014 21:00:00 -0500

Using software to develop leads can be effective, but keep four things in mind when forming a strategy.

Thu, 28 Aug 2014 20:30:00 -0500

The influence of a single customer's opinion will continue to grow in sync with the pervasiveness of social media.

Tue, 02 Sep 2014 18:11:00 -0500

From the inspired to the inappropriate, these job seekers made a lasting impression on their interviewer.

Tue, 02 Sep 2014 14:00:00 -0500

Nintendo has just unveiled a new schedule of sorts for the Wii U, one with twenty new games spanning 2014 and 2015, but only one solid release date between them. Hyrule Warriors, with its (hopefully) firm September 26th premiere kicks off the parade that ends 2014 with a holiday release of [...]

Tue, 02 Sep 2014 13:59:00 -0500

Genetic and epidemiological evidence from WHO officially confirms that the outbreak of Ebola Virus Disease in the Democratic Republic of Congo is unrelated to that ravaging west Africa.

Tue, 02 Sep 2014 04:02:00 -0500

This concept and the visual was taken from my new book which came out today called, The Future of Work: Attract New Talent, Build Better Leaders, and Create a Competitive Organization. One of the things I have been writing about and have tried to make clear over the past few months is [...]

Mon, 01 Sep 2014 17:20:00 -0500

Journalists proclaiming the end of 'gamers' are wrong, but so are gamers. Everyone is wrong and here's why.

Mon, 01 Sep 2014 14:05:00 -0500

As most of you probably know, someone somewhere dumped a deluge of purported nude photographs of a number of female celebrities online yesterday. The victims include the likes of Kate Upton, Victoria Justice, Ariana Grande, Kirsten Dunst, Mary Elizabeth Winstead, Krysten Ritter, Yvonne Strahovski, and Teresa Palmer. But the focal [...]

Mon, 01 Sep 2014 02:44:00 -0500

Within hours of the breach today, Twitter announced that it is suspending accounts that share the celebrity nude photos; do you really think that you will get the same treatment?

Sun, 31 Aug 2014 19:56:00 -0500

This post isn’t about a particular piece of technology, but in the technology publishing scene, this news is just as relevant as Intel releasing a new processor architecture or NVIDIA launching a brand new GPU. One of the titans of the technology press industry has announced his prompt retirement, at [...]

Sat, 30 Aug 2014 11:28:00 -0500

There’s an interesting gender paradox in innovation.  When we think of product innovation, we tend to think of nerdy male engineers tinkering in a garage.  It’s a stereotype that goes all the way back to the early days of Hewlett and Packard. When we think of strong innovation ecosystems, however, we [...]

Fri, 29 Aug 2014 17:22:00 -0500

Can a multi-level marketing or network marketing business be the solution to the retirement savings crisis and help people make a successful transition into their retirement year? The answer will surprise you

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5 Chaldean Home Buying Power Tips
By Salam Abbo :: Wednesday, March 14, 2007 :: 10429 Views :: Article Rating :: Business & Finance

Michigan, USA - It is a seller’s market in many Chaldean concentrated states.    While the economy is doing great in states like Illinois, Nevada, Arizona, and California, Michigan’s economy continues to free-fall.  In Michigan the real estate opportunities are far and wide as the buyer market continues to heat up as homes are foreclosed, residents move out of the state, and businesses close.  Chaldeans can seize on the opportunity of depressed Michigan economy by finding and securing an undervalued piece of property. 

There are many advantages of becoming a home owner.  This includes the appreciation, tax benefits, a higher quality lifestyle, a more stable family life, and obviously the investment.

Chaldeans are able to better prepare themselves when planning to purchase a home.  For such occasions consider these 5 Chaldean home buying power tips.

1.  Understand your Debt-to-Income Ratio
When a lending company determines a Chaldeans’ ability to qualify for a mortgage, a lender looks at what is called the "debt-to-income" ratio. A debt-to-income ratio is the percentage of your gross monthly income (before taxes) that you spend on debt. This will include your monthly housing costs, including principal, interest, taxes, insurance, and homeowner’s association fees, college loans, and other forms of debt or recurring expenses. It will also include your monthly consumer debt, including credit cards, installment debt, and car payments.

For example, suppose you earn $5000 a month and you have a car payment of $400. Using an interest rate of 8.0%, you would qualify for approximately $55,000 less than if you did not have the car payment.

In short the debt-to-income ratio affects your buying power.  Your debt to income ratio is a simple way of showing what percentage of your income is available for a mortgage payment after all other debts are met. The ratio is one of the key things a lender considers before approving your home loan.
Conventional loans are sometimes expressed as debt limits like the 28/36 qualifying ratio. Those numbers refer to two percentages that are used to examine two factors of your debt load.

The 28% Number: (PITI)

This number indicates the maximum percentage of your monthly gross income that the lender will allow for housing expenses. The amount will include payments on the loan principal and interest, private mortgage insurance, hazard insurance, property taxes, and homeowner's association dues.

The 36% Number:

This number is for the recurring debt.  This is the maximum percentage of your monthly gross income that the lender will allow for housing expenses.  Recurring debt includes credit card payments, child support, car loans, and other obligations that will not be paid off within a relatively short period of time (6-10 months).

Doing the Math:

Yearly Gross Income = $45,000 / Divided by 12 = $3,750 per month income

$3,750 Monthly Income x .28 = $1,050 allowed for housing expense

$3,750 Monthly Income x .36 = $1,350 allowed for housing expense plus recurring debt.

Chaldeans should keep in mind that not all loans are the same.  For example, the FHA loan ratios are typically 29/41, allowing a higher debt load for both housing expenses and recurring debt.  This translates into FHA allowing $1087 for housing and $1538 for housing plus recurring debt.  For a VA loan, the debt to income ratio should not exceed 41% of your monthly gross income.

2.  No Major Purchase of Any Kind
Even if you feel you can afford a major purchase like a new car, the car payment will impact your ability to purchase a higher valued home.  Remember mortgage companies approve your mortgage based on their guidelines, not yours. Do not get discouraged, however. You should still take the time to get pre-qualified by a lender.

However, if you have not already bought a car, remember one thing. Whenever the thought of buying a car enters your mind, think ahead. Think about buying a home first. Buying a home is a much more important purchase when considering your future financial well being.

3.  Don’t Move Money Around
When a lender reviews your loan package for approval, one of the things they are concerned about is the source of funds for your down payment and closing costs. Most likely, you will be asked to provide statements for the last two or three months on any of your liquid assets. This includes checking accounts, savings accounts, money market funds, certificates of deposit, stock statements, mutual funds, and even your company 401K and retirement accounts.

If you have been moving money between accounts during that time, there may be large deposits and withdrawals in some of them.

The mortgage underwriter (the person who actually approves your loan) will probably require a complete paper trail of all the withdrawals and deposits. You may be required to produce cancelled checks, deposit receipts, and other seemingly inconsequential data, which could get quite tedious.

Perhaps you become exasperated at your lender, but they are only doing their job correctly. To ensure quality control and eliminate potential fraud, it is a requirement on most loans to completely document the source of all funds. Moving your money around, even if you are consolidating your funds to make it "easier," could make it more difficult for the lender to properly document.

So leave your money where it is until you talk to a loan officer.

Oh…don’t change banks, either.

4.  Changing Jobs May Affect Home Buying Power
For most people, changing employers will not really affect your ability to qualify for a mortgage loan. For some homebuyers, however, the effects of changing jobs can be disastrous to your loan application.

Salaried Employees
If you are a salaried employee who does not earn additional income from commissions, bonuses, or over-time, switching employers should not create a problem. Just make sure to remain in the same line of work.  Hopefully, you will be earning a higher salary, which will help you better qualify for a mortgage.

Hourly Employees
If your income is based on hourly wages and you work a straight forty hours a week without over-time, changing jobs should not create any problems.

Commissioned Employees
If a substantial portion of your income is derived from commissions, you should not change jobs before buying a home. This has to do with how mortgage lenders calculate your income. They average your commissions over the last two years.

Changing employers creates an uncertainty about your future earnings from commissions. There is no track record from which to produce an average. Even if you are selling the same type of product with essentially the same commission structure, the underwriter cannot be certain that past earnings will accurately reflect future earnings.

Changing jobs would negatively impact your ability to buy a home.

Bonuses
If a substantial portion of your income on the new job will come from bonuses, you may want to consider delaying an employment change. Mortgage lenders will rarely consider future bonuses as income unless you have been on the same job for two years and have a track record of receiving those bonuses. Then they will average your bonuses over the last two years in calculating your income.

Changing employers means that you do not have the two-year track record necessary to count bonuses as income.

Part-Time Employees
If you earn an hourly income but rarely work forty hours a week, you should not change jobs. There would be no way to tell how many hours you will work each week on the new job, so no way to accurately calculate your income. If you remain on the old job, the lender can just average your earnings.

Over-Time
Since all employers award overtime hours differently, your overtime income cannot be determined if you change jobs. If you stay on your present job, your lender will give you credit for overtime income. They will determine your overtime earnings over the last two years, then calculate a monthly average.

Self-Employment
If you are considering a change to self-employment before buying a new home, don’t do it. Buy the home first.

Lenders like to see a two-year track record of self-employment income when approving a loan. Plus, self-employed individuals tend to include a lot of expenses on the Schedule C of their tax returns, especially in the early years of self-employment. While this minimizes your tax obligation to the IRS, it also minimizes your income to qualify for a home loan.

If you are considering changing your business from a sole proprietorship to a partnership or corporation, you should also delay that until you purchase your new home.

5. Delay Buying a Home in Certain Circumstances
Assuming you have the financial resources and the desire to eventually own your own home, there are very few good reasons to put off the purchase. You can miss out on years of appreciation if you do.

The main thing you want to avoid when buying a home is being put in a position where you will have to sell it too soon. If you have to sell a home before it has appreciated enough to cover the costs and commissions of selling, you could find yourself in a financial bind. This is especially true for those who buy a home with a down payment of ten percent or less.

Real Estate commissions traditionally run around six percent of a home’s sales price. The seller’s closing costs generally come to about one and a half percent. You can see how this can easily exceed the first year’s appreciation. If you made a minimal down payment, you could actually have to come up with cash out of pocket to sell your home.

New to the Area
Chaldeans are becoming more mobile and moving from one state to another.  Especially in Michigan where the economy has become deplorable and with governor Granholm talking about raising taxes the state can expect harsher economic conditions.  

Before moving into a new state you might want to get as much information as possible.  If it is another strongly concentrated Chaldean state you might want to contact the nearby church and speak with members of the parish council to get some insight. 

It makes sense to rent for a number of months before deciding on exactly where you want to live.  Taking out an ad in the church newsletter or contacting a realtor in the area to help identify a rental option before purchasing a new home is always a very smart move.  

Uncertain Job Future
You could be right out of college or expecting a promotion and a transfer. Or your company has announced an impending "restructuring." If any of these apply, it might be best to wait to buy a home. When you have a more accurate picture of what your next few years will be like, that will be the time to buy.

Marital Problems
Real estate agents see a lot of life unfold before their eyes. One of the saddest occurs when former clients divorce and are forced to sell a recently purchased house. It happens all too often when a family in turmoil decides that buying a new home may help resolve their problems. Perhaps it is inevitable that such problems occur, but selling a home before it appreciates can create an additional financial burden in an already difficult situation.

 


 

 Salam Abbo is a Century 21 realtor, who has achieved the prestigious 10 million dollar sales club.  The sales club honors realtors who have demonstrated leadership in real estate measured by their sales.  Mr. Abbo lives and works in Michigan with real-estate partnerships in Chicago, Phoenix, and San Diego.  Mr. Abbo has been married for over 25 years and has three college educated children.