How Can You Avoid Foreclosure

How Can You Avoid Foreclosure
No one wants to think about losing their home but it does
happen. You may feel like you are alone when this happens
to you but you are not. There are things that you can do to
avoid foreclosure.

It won't be easy to avoid foreclosure but it definitely can
be done. Here are some steps that you can take to stop from
losing your home.

Step 1: You want to reevaluate your spending habits. There
are always one or more areas that anyone can cut back on to
help save money. For example, do you have satellite
television?

If you do than you can get rid of this so that you can save
that money every month. You just need to figure out where
you can cut costs so that you will be able to avoid
foreclosure. Get rid of any expense that is not a necessity.

Step 2: Talk to the bank or the lender to see how they can
help you. Many people think that lenders and banks are out
to get them because they just want their money.

They do want their money but in order to foreclose on your
home it costs them time and money. So most times they will
be willing to work with you to find a solution that will
let you avoid foreclosure. You won't know if you don't talk
to them though.

Step 3: You can get a private loan to stop you from losing
your home. There are private investors that are willing to
loan money in foreclosure situations. You will need to find
out if this is an option for you to avoid foreclosure.

Talk to a couple of different lending institutions that are
in your local area. They will be willing to sit down and
help you figure out if this option will work for you but
only if you are willing to contact them about it.

There are other things that you can do to avoid foreclosure
but these are the ones that will benefit you the most. You
just need to make sure that you do everything you can so
that you avoid losing your home. No one can do this for you.

So take some time and figure out all of the different
things you can do to help you save some money and avoid
losing where you live. Just remember not to panic and take
the time needed to find the best solution for you.

----------------------------------------------------
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private party who must sell your home because of divorce,
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What's Your Investment Risk Strategy?

What's Your Investment Risk Strategy?
Sensible investment and wealth management requires a
balance between your risk profile and investment portfolio
volatility.

Both of these factors can be combined to make up your
investment policy and investment philosophy.

It's important to understand that your risk profile is
really comprised of two aspects: your risk attitude and
your risk capacity. Risk attitude is the true measure of
your personal comfort with risk. Are you willing to risk a
less favourable outcome whilst attempting to achieve a more
favourable one? (risk vs return).

Risk capacity is your ability to sustain a less favourable
outcome without jeopardising your original goals and
objectives. Risk capacity is affected by factors such as
time horizon (allowing you time to recover from an adverse
return) and total wealth (allowing you to go through a
decline in account value and still maintain your desired
spending).

The two areas are as important as each other and it is
vital that you take both into account when making important
investment decisions. For example, if your risk attitude
means that you could sustain a 25% market decline without
any impact on your goals, the appropriate portfolio may
contain 60-80% equities.

However, if your risk attitude measure indicates that any
decline in excess of 10% would cause you cold sweats and
sleepless nights, then the 60-80% equity portfolio is
clearly not the right approach. Instead, you should be
invested into a portfolio with a lower percentage of
equities.

So, how can you address your full risk profile?

There are two keys:

First, you must obtain a true measure of your risk attitude.

This can be obtained by using a comprehensive risk
profiling system. You won't be able to achieve this by
second guessing it yourself, as it's highly unlikely you'll
know enough for the assessment to be successful. You should
speak to your Financial Adviser/Planner and ask them what
they're using. One of the most comprehensive tools is
provided by FinaMetrica. Their assessment contains 25
questions and your score (1-100) will be compared against
the whole pool of those who have completed the
questionnaire.

You should then make sure you interpret the score correctly
and are able to act upon the information effectively.

Secondly, you should work through a process of financial
planning to determine your true goals and objectives. This
step is CRUCIAL as without it, how will you know what your
tolerance is for risk capacity (i.e. how will you know how
much loss you can absorb without it affecting the
likelihood of you achieving your goals).

Once you know how much downside you can tolerate, you can
then determine what the appropriate investment policy
should be, using risk attitude as a constraint. This should
lead you towards deciding what percentage of equities you
want in your portfolio.

The alternative approach is that you remain invested in a
higher percentage of equities, but prepare yourself that
you may need to adjust your goals (retire later, spend
less, spend more, etc) if the portfolio value falls too
much. Of course, you may reach your goals sooner if the
higher risk portfolio grows at a faster rate than the lower
risk portfolio.

The Financial Tips Bottom Line

When you break it all down, it's more than likely that
you're trying to achieve your goals and objectives in some
form. And most people would rather try and reach their
goals with the minimum amount of risk (yes, note I said
some people - there'll always be the risk takers amongst
us).

ACTION POINT

The subject of investment risk should not be
underestimated. If all you've done up to now is assess your
risk on a scale of 1-10 (and believe me, this is VERY
common), maybe it's time to take a more comprehensive
approach. After all, it's only going to improve your
understanding of your own risk tolerance and how much risk
you can afford to take.

----------------------------------------------------
Ray Prince is an Independent Financial Planner with
Rutherford Wilkinson plc, and helps UK Resident Doctors and
Dentists get the best deals on mortgages, protection and
investments, as well as helping them achieve their
financial objectives. Just visit
http://www.medicaldentalfs.com to get your free retirement
planning guide. Rutherford Wilkinson plc is authorised and
regulated by the Financial Services Authority.

Forex Trading Strategies and Forex Market Volatility

Forex Trading Strategies and Forex Market Volatility
Part of developing a profitable Forex trading strategy
involves being able to determine market volatility. The
Forex market is open 24 hours per day and you will find it
impossible to keep track of all market activities, all the
time. You will need to understand the timing of various
markets, particularly those in which you are trading and
those that influence your trades, so that you are in a
position to make the best possible decisions during your
trading hours.

Different markets are affected by differing market
conditions. All currency pairs are subject to market
volatility, but most currencies tend to become more or less
volatile during certain times of the day. As a trader, you
will need to have some knowledge of the currency trading
system, currency pairings in different times zones and the
conditions that affect their volatility.

The London market is the largest and most volatile Forex
market in the world since some of the largest dealing desks
of large banks are located there and transactions that take
place usually involve large sums of money. The London
market share is about 30% of all markets. The market hours
are from 2 am to 12 pm EST, which is also the time for
which most transactions are completed. The benchmark
established for volatility is 80 pips and more than half of
the London market currency pairings are likely to reach in
excess of 80 pips. It would not be uncommon for the daily
range of GBP/CHF and GBP/JPY currency pairs to average more
than 140 pips. The ability of these currency pairs to
generate huge profits in a short amount of time appeals to
traders willing to take risks in the currency trading
system.

Since most large market participants complete their circle
of currency conversions during the London market hours,
daily trade activities peak during this time, causing high
volatility. Near the end of the London trading session most
large investors will convert their European assets to US
dollar assets in anticipation of the opening of the US
market. This conversion is responsible for the increased
volatility in GBP/CHF and GBP/JPY currency pairs. The New
York trading session is the benchmark for US trading and it
represents the second largest FOREX market. Trading hours
are from 8 am and 5 pm EST. The majority of transactions
occur in the US market from 8 am to noon EST. During this
timeframe, the European market is still in session, which
creates a market of high liquidity. Trading during this
period of overlap accounts for about 70% of the currency
pair trading in the European session and about 80% of
currency pair trading in the US session.

Other currency pairs that appeal to high-risk traders
during the London market hours include the USD/CHF,
GBP/USD, USD/CAD and EUR/USD currency pairs. It is not
uncommon for these pairs to reach a daily range of about
100 pips. This level of volatility creates opportunities
for entry into the market. In contrast, is not uncommon for
the AUD/JPY, EUR/CHF, AUD/USD and NZD/USD currency pairs to
reach a daily range of about 50 pips. This level of
volatility is more appealing to traders who attempt to
avoid risks. The level of volatility indicates that these
pairs may be less likely to create a loss.

The London market also overlaps with the Asian market. The
Tokyo trading session is the benchmark for the Asian
market. Trading hours are from 7 pm and 4 am EST. Large
investors take positions in the Tokyo market in
anticipation of the opening of the London session. The
GBP/CHF and GBP/JPY currency pairs are also highly volatile
during this timeframe of overlap. Trading during the period
of overlap, which is between 2 am and 4 am, is the lowest
of any trading session. Traders use these slow trading
hours to position themselves for the opening of the
European or US market.

----------------------------------------------------
Andrew Daigle is the creator and author of many successful
websites including ForexBoost at http://www.ForexBoost.com
and http://forex-trading-system.typepad.com , Free Forex
Training Resource for the Novice and Advanced Forex trader.

Three Benefits A Cash For Your House Transaction Offers You

Three Benefits A Cash For Your House Transaction Offers You
Do you need to get out from under a mortgage? If you do
than you may want to sell your house for cash. Getting cash
for your house is not as common these days as it used to be
but it is still done.

There are some things that you need to be aware of before
you decide to sell your house for cash. Getting cash for
your house will not be easy to do but this may be the best
option for you if you need cash fast.

Here are some things to be aware of before you sell your
house.

One: When you sell your house for cash you won't have to
get all of the inspections, surveys or appraisals done that
most lenders require. So to get cash for your house it will
cost you, the seller, a lot less and you will be able to
pass the savings onto the buyers for your home.

Two: Selling your house for cash is definitely a faster way
of getting the money you need but one problem you may have
is finding buyers that can afford to pay cash for your
home. Not everyone will have the money you need for the
sale so your target market will be a lot smaller than it
would be if you were selling your home the way most people
do. With the inflated costs in the housing market there are
few people who will even consider cash as an option.

Three: When you want to get cash for your house the
turnaround can be days instead of months. You will not have
to take the time to wait for the loan to be approved by the
bank. You also won't have to wait for the paper work from
the appraisal or survey.

Basically, what happens when you sell your house for cash
is that the buyer will look at your home, they will sign a
contract for it if they like it and then you just have to
hand over the keys to the house and you are done. You don't
have to but it is always a smart choice to have a lawyer
that will help you when you sell your home.

You don't hear about people getting cash for your house
much these days but it is still done. You just have to
remember that when you sell your house for cash, you need
to be willing to negotiate on the selling price in order to
get your home sold.

To make this easier you can remember that the benefits of a
cash sell will benefit you more so the reduction in price
will be well worth it. You could even save money in the end.

----------------------------------------------------
James Redmond invites you to visit his best home offer
website if you must sell your house fast. If you are a
private party who must sell your home because of divorce,
bankruptcy or other issues he can help. He specializes in
private party must sell home help including selling high
end homes. Please click here now to learn more:===>
http://www.thebesthomeoffer.com/