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By Adriana J. Noton

Banks have resorted to agents as a result of the stiff competition within this sector as well as related areas. A mortgage agent sells mortgages on behalf of banks and might have this as their primary business activity. Their payment is a percentage of the total sale or transaction which varies according to the size of the sale.

Their regulation is important because they have to be held responsible for any actions that might hurt the client. It is also important to make sure that they operate within the boundaries of the law to ensure that guidelines are followed. It also helps with maintaining a live database of professionals which can be helpful to potential clients.

The fact that they sell the products for the banks means that they have to work closely with them. It helps them to know everything about the products so that they can give clients relevant and accurate information. This comes in handy especially during the times when the client is experiencing uncertainty.

One of their biggest duties is to bring business through tools such as marketing. They do the required research for compilation of information packs containing information the prospective clients can use. They also do follow ups every now and again to encourage the prospective client to sign up.

To provide a product that is suitable for the client the professional always stays familiar with current market trends. They properly asses the market to see if they can find products that are suitable for the unique current position of the client. This is done in conjunction with assessing the financial situation of the client.

They explain all the legal requirements and regulations and guidelines to the client and also explain the importance of compliance. They collect all the necessary paperwork such as bank statements and identity documents. They also help with the filling in of all the necessary forms.

One needs to compare and assess the commission plans of different professionals before they can make the final decision on which one to work with . It is a good idea to work with someone or an agency which is pedigreed. Hence a thorough look at their background can go a long way in helping one establish this. However it is advisable to look at other factors in addition to price when choosing an agent. Dependability and good time management are other important factors to look at. The cheapest agent may not necessarily be the good one for your circumstances.

It is a good idea to remain vigilant and alert at all times because agents can be unscrupulous. Some are known for capitalizing on the ignorance of the client when it comes to knowledge on these mortgages. The potential for larger financial gain can make them greedy but nevertheless there is recourse for the aggrieved client. It is possible to report them and you can file for damages from them. It is a good idea to make sure that one is well versed with their rights in such relationships.

About the Author: A career as a mortgage broker can be very rewarding. If you have a good head for numbers, consider enrolling in mortgage broker course.

Source: isnare.com

Permanent Link: isnare.com/?aid=765177&ca=Finances

By Charles Essmeier

No one likes to deal with debt. Borrowers don’t like to pay it and creditors and collectors don’t like to collect it. But debt is what makes our society work, as few people are able to pay cash. It’s not a problem most of the time, as the vast majority of borrowers pay on time. Sometimes, those debts go unpaid, and when that happens, creditors notify the credit bureaus and the unpaid debts are noted on the borrower’s credit report. The notation will stay there until the debts are repaid, or until seven years go by, whichever comes first. After seven years, the debts, paid or not, disappear from the borrower’s credit report.

Sometimes, however, those debts come back, seemingly as if from the dead. If your debts go unpaid for a long enough period of time, your lender or creditor will eventually write off the debt as a loss. They will then sell those debts to collection companies, often for pennies on the dollar. The collection companies try their best to collect some of the unpaid funds. If they get anything at all, they come out ahead. On occasion, those collection firms will report those debts to the credit bureaus as though those debts were new ones, rather than old, uncollected bills. Officially, doing so is known as “re-aging.” Unofficially, it’s known by the creepy moniker of “zombie debt.”

Zombie debt is illegal; debt is supposed to be reported to the credit bureaus only once. After seven years or repayment, those debts are supposed to be permanently gone. Collection agencies re-age the debt in order to put additional pressure on the borrower to repay. After all, having a new black mark appear on your credit report years after the fact will not make anyone happy. The agencies hope that debtors will be sufficiently scared by the new notation on their credit report to offer to settle the debt. In exchange, the collection firm will report the bill as paid, thus removing the notation.

What can a consumer do about zombie debt? If you have proof that the bill has been paid, that more than seven years have elapsed or that the debts were discharged in bankruptcy court, you can submit proof to the credit bureaus. That should be sufficient to get them to remove the notation. If you fail to do so, you will have to endure another seven years of bad credit and unfavorable loan terms unless you pay off the debt.

About the Author: Copyright 2006 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including

End-Your-Debt.com

, a site devoted to debt consolidation, credit counseling, payday loans and personal bankruptcy.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=76424&ca=Finances

Bc Roofing Contractors Association

by

Hannelore Andrus

Using wood to build a green home, receives the best marks all round, except for handling which can be dangerous and lead to back injuries. Read testimonials and look for the Better Business Bureau seal, since this can be a good sign that they are legitimate. Experience with small machinery like bobcats, trenchers, and mini backhoes and work with various building materials and roof types is another positive attribute. This insurance is for your protection as it will cover any costly expenses from mistakes the roofing contractor may make while fixing your home. Some companies will simply install new shingles directly over old, worn shingles that are damaged, but this can lead to future problems with leaks that aren\’t immediately apparent once the new shingles are installed.

This roof material is cheaper and effective for commercial use. Due to the nature of photosynthesis, Green Roofs are characteristically easy to establish and maintain because, by their very design, they are in the optimum position for the reception of sunlight and rainwater. Without a doubt, extended exposure to this

substance

leads to serious health risks. as a safety harness, the use of roof brackets to avoid slip and fall accidents. The truth is that metal roofs and conventional asphalt roofs are of the same quality when it comes to noise.

The results can be quite astonishing, a tile could be suitable for low shallow pitches down to 12. Apart from its durability, metal is resistant towards fire and water. Be sure that you feel comfortable with your decision after selecting your roofing contractor. Take quotes from more than two contractors and do not make a pressurized and quick decision. A word of warning __ the metal roofing sheets, unlike shingles or roofing felt, is treacherously slippy when wet.

If your need is 3D photo realistic renderings, Artlantis is a software that you can\’t forget. You may also get to explore the customer service record of each roofer. You need to put some key questions to specific roofing contractors to make sure you are not ripped off. Pipe boots or field fabricated flashings are installed around protrusions. It also has a number of environmental benefits making it a popular choice with the builders.

Gutters- The purpose of guttering is to efficiently channel rain water from the roof towards a downpipe which in turn carries it down to ground level and then into the drainage system. It is estimated by the Solar Energy Industries Association that there will be five times the solar capture capacity in 2020 as we have today. A note of interest: starter shingles set the beginning pace for the rest of the Shingles on your roof. To do this, create an overlap of six inches between the short edges of the two rolls, adhering them together with cement. \”This estimate is conservative, based on saved energy costs alone.

Aluminium glazing bars are screwed into the joists at 920mm centres to allow for the panels\’ eventual expansion [from 900mm] in warmer weather and any prevailing hot summer conditions. The roofing company has the professional knowledge as well as the skills to identify problems in the roof. Tile roofing is beautiful and durable, however they are expensive and need to be regularly maintained. He can also collect details regarding the features available in different models of blinds in such a way that he can select the right model that can enhance the design beauty of the rooms in his building. Green roof technology is a significant step towards an ecological urban architecture.

Im Hannelore and was born on 12 September 1984.My hobbies are

Gardening

and Martial arts.If you cherished this informative article and also you want to be given more details with regards to

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