Climate can really influences our state of mind. If warm, sunny weather with ocean views makes you feel good, arrange to move where you can get plenty of it. Learn about a country's seasons to see if their compatible with your moods and your health. A very tropical climate might not be healthy for some. Amenities You Seek:
Make sure the country offers what you want to do or enjoy. If you enjoy city-based interests - like museums and art galleries - don't set yourself up in a remote and rural area. Choose your locations appropriately for golfing, beaches, community centers, etc.
Cost of Living:
This may be your key reason for moving offshore. So, make sure you understand where the cost savings will be - and for the area you're aiming to live in. Housing cost would be critical here. But be aware of the costs of groceries and other shopping items. Some countries having a large low-income population can offer you very inexpensive maid and gardener help. For retirees, this can be a big help.
Compatible Community:
The language of Central and South American countries is Spanish (Portuguese for Brazil). But English is understood by many in the cities. The younger people tend to learn English as their second language so you can almost always get someone to help you translate. But many areas have expat communities made up of people like you who live and associate with each other. That way you can speak English all the time and share common interests.
A Right to Live There Permanently:
As a U.S. or Canadian citizen, you can visit most counties for 30 to 90 days depending on the country. But if you're moving there, you want to be sure you can stay there permanently. Many countries have a permanent residency program of one sort or another. For permanent residency, you may have to prove you have a modest monthly income (~$500 to $1000) or invest a certain dollar amount within the country.
A Program Beneficial to Foreigners:
In order to attract foreigners and the income they bring, some countries offer special deals. These can include low or no taxes on property you buy for a certain number of years. Also discounts on certain transportation, movies, and events.
A Right to Own Property:
Yes, there are some countries in the world that don't allow foreign individuals to buy property. But most Central and South American countries do - and have laws that make your rights equal to a citizen's in all respects. But make sure anyway.
First World Infrastructure:
Most important here is communication and transportation. Thanks to modern technology, implementing telephone and internet technology for everyone isn't difficult. So you can maintain communications with the outside world in most cities. Public transportation is another matter. Check what's available depending on your country and your desired location in it.
Physical Contact with Family Back Home:
Flights go everywhere. But you may want to limit how long it takes to get back home - both for return visits or having family come and visit you. Just how often do you plan to visit home each year can be an important consideration.
HealthCare:
Medicare coverage usually ends when you set foot on foreign soil. If it's impractical for you to return to the United States for medical treatment, then consider your alternatives. Some countries have private but inexpensive health care - by doctors and in hospitals. Many of those doctors are educated in the U.S. too. Moving to a country with universal health coverage doesn't mean you'll be immediately eligible for coverage, though. Check out what the situation is where you're going, know your health needs, and see if Medicare coverage is possible for you.
Shopping:
Shopping capability can range from native markets to super markets. You may not see some convenience foods you like. But often you can find U.S.-style shopping arcades with plenty of American goods, and imports from other nations. Keep your eye open for McDonald's and the other fast food companies too.
Give It A Dry Run:
Before you commit to move, plan a vacation - a month or more - at one or more of your possible retirement choices. Seeing first hand what's there and how things work can be a great help in making your final decision. Things will be different - but some things you really can live without.
12 Things Of Christmas
Interestingly, these same reasons also determine the success or failure of your FSBOs. Yes that's right...the more information (knowledge) and the more marketing direction (plan) a FSBO has available to them...the more successful they will be.
The key to your marketing success with FSBOs is that you are the provider of the valuable and necessary information and resources for them to sell their house. Without this information, they are doomed and relegated to a statistic where some 65% of all FSBOs will get discouraged and eventually list with a Real Estate Professional and over 15% will never sell their house at all.
Here are the twelve (12) things every FSBO needs and only you can provide:
1. A Plan. Without a plan your sellers haphazardly try anything they can think of to get some buyers...any buyers. Your FSBO needs details on what to do and what not to do...and when to do it.
2. The Cold Hard Facts. Your FSBO has to understand some basic truths: Their house will not sell quickly; Not everyone will love their house; Real Estate Professionals will call, and call, and call some more; They will need to give up some free time to make this whole thing work; Their entire family will be stressed; And, they will need a Mortgage Professional to make it work.
3. Tips To Get Their House Ready. FSBOs need to be reminded constantly with reminders and checklists that they need to put their best foot forward and their house must be in good shape. By doing this...they will generate a sale for the highest price in the shortest time.
4. Getting a Mortgage Payoff. Your FSBO needs a little direction and a sample of a "Mortgage Payoff Letter." Here's where your services will shine.
5. Calculating the Net. Not so difficult if you know what the seller's closing costs will be and the estimated selling price. Surely an easy chore for a Mortgage Person.
6. Setting the Right Price. The time spent pricing their house correctly is probably the least contemplated aspect of the FSBOs selling process...yet, it the most important. A price "too low" can result in a loss of thousands of dollars...a price "too high" will cause the house to remain on the market and "go stale" and quite possibly...never sell. Your solution for setting the correct price will only contribute to your stature and credibility as a Mortgage Professional.
7. Finding Prospects To Buy Their House. Your FSBO needs a lesson or two in marketing their house. They need to create awareness in the marketplace as quickly and as efficiently as possible. They need to do some advertising and be 100% involved in all aspects of marketing their house. It's your job to guide them along the road to success.
8. Can They Sweeten The Deal? Most FSBOs miss this one entirely. With your help, your FSBO may be able to offer favorable terms to attract more buyers. Indicating "Special Terms" in an ad can get the phone ringing off the hook. Many times, favorable terms can be structured in a way that costs the seller, little or no money.
9. Safety Considerations. Unfortunately today, your FSBO needs to cover against the possibilities of some criminal incident. You can help establish "showing ground rules" and published advice when dealing with phone inquiries and prospective buyers.
10. Negotiating the Sale. Providing your FSBO some guidelines and detailed advice and then "qualifying" the buyer prior to signing the contract can go along way to successfully closing the sale for the FSBO.
11. Steps to the Closing. Remember, all of this is new stuff to your FSBO and lots of things can derail the sale of their house. Even though you can't do some of these things yourself...you can point your FSBO to people that can help, such as a Title Company or Real Estate Attorney.
12. Encouragement. FSBOs need to be reminded of their goal and the money they will be saving by selling their house as a FSBO. Remind them to be patient...be committed...be positive...follow the plan...and, they will succeed.
There you have it...12 things you can provide your FSBO to help them sell their house. Be creative...add and/or delete additional FSBO information...make it pretty and bind it...call on FSBOs and help them sell their house...you'll be known as a FSBO expert and have established a great niche...but more importantly, you'll have countless mortgage leads to show for your efforts.
Both Shane Flait & Tom Domin are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Shane Flait has sinced written about articles on various topics from Finances, Finances and Legal Matters. Shane Flait is an educator and writes on financial, legal, and tax issues. He tells you what the issues are all about and gives you workable strategies to accomplish your goals. Find out more and get a free report on Managing Your Retirement =>. Shane Flait's top article generates over 12100 views. to your Favourites.
Tom Domin has sinced written about articles on various topics from Finances, Sales and Negotiation and Prospects. Tom Domin is the author of "101 Ways to Originate Mortgages" and publisher of "Tom's Mortgage Tips" a twice monthly Mortgage Newsletter geared for Mortgage Professionals. Increase your pipeline and put your mortgage career on the fast track and sign-up fo. Tom Domin's top article generates over 74000 views. to your Favourites.
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