Not all home buyers end up closing on the home that they put an offer on. Things happen and deals do fall through. This happens for several reasons. The top reasons are financial approval fell through, the seller and buyer got along poorly, the sellers decided not to sell the home, and the condition of the home was worse than the buyer originally thought it was.Once the home purchase has been cancelled the first home buyers usually look at other homes. The sellers are now left to hope another buyer comes along. The home inspection report is often shared with the real estate agents and the seller. Erroneously this home inspection report is sometimes shared with the new home buyers. This is an error for a couple of reasons.The first reason is because the second buyer has no contract with the home inspector or the home inspection company. Because there is no agreement/contract if the second buyer has an issue with the home claiming that the home inspector missed a major issue there is zero responsibility for the inspector to take care of them. There was zero legal obligation.Another reason is that the new home buyer was not present at the inspection and therefore has not idea what conversations the former home buyer and inspector had. This can be vital information. Sometimes in the inspection agreement the buyer request somethings not be inspected so the report is not as whole as the new buyer may believe.The last reason I am giving here for not relying on the home inspection report created for a previous home buyers has to do with your warranty. To help sell homes agents and sellers will often buy a home warranty for the new home owner. However most home warranty companies will not repair a lot of your issues if you did not have a home inspection completed for you. I spoke with a home warranty rep and they do depend on the home inspection report to determine if items such as your furnace or air conditioner were working when you bought the home. If you do not have your own inspection report to verify that things did operate when you bought the home then you are out of luck and the warranty company will not pay to fix your broken stuff.If you are buying a home that was previously inspected then you need to have your own inspection done to be protected as fully as possible. If anyone tells you that it is fine to use the previous home inspection report they are wrong. Your are not protected well at all. When Habitation Investigation does a home inspection the client has the ability to get an 18 month warranty for the fee of 12 months. Habitation Investigation also provides warranties such as sewer line protections, 5 year roof leak warranty and 90 day warranty on structural and mechanicals. All those things are there for the home buyer if Habitation Investigation does the inspection for the clients who buy the home.
Business Loans In Canada: Financing Solutions Via Alternative Finance & Traditional Funding
Business loans and finance for a business just may have gotten good again? The pursuit of credit and funding of cash flow solutions for your business often seems like an eternal challenge, even in the best of times, let alone any industry or economic crisis. Let’s dig in.
Since the 2008 financial crisis there’s been a lot of change in finance options from lenders for corporate loans. Canadian business owners and financial managers have excess from everything from peer-to-peer company loans, varied alternative finance solutions, as well of course as the traditional financing offered by Canadian chartered banks.
Those online business loans referenced above are popular and arose out of the merchant cash advance programs in the United States. Loans are based on a percentage of your annual sales, typically in the 15-20% range. The loans are certainly expensive but are viewed as easy to obtain by many small businesses, including retailers who sell on a cash or credit card basis.
Depending on your firm’s circumstances and your ability to truly understand the different choices available to firms searching for SME COMMERCIAL FINANCE options. Those small to medium sized companies ( the definition of ‘ small business ‘ certainly varies as to what is small – often defined as businesses with less than 500 employees! )
How then do we create our road map for external financing techniques and solutions? A simpler way to look at it is to categorize these different financing options under:
Debt / Loans
Asset Based Financing
Alternative Hybrid type solutions
Many top experts maintain that the alternative financing solutions currently available to your firm, in fact are on par with Canadian chartered bank financing when it comes to a full spectrum of funding. The alternative lender is typically a private commercial finance company with a niche in one of the various asset finance areas
If there is one significant trend that’s ‘ sticking ‘it’s Asset Based Finance. The ability of firms to obtain funding via assets such as accounts receivable, inventory and fixed assets with no major emphasis on balance sheet structure and profits and cash flow ( those three elements drive bank financing approval in no small measure ) is the key to success in ABL ( Asset Based Lending ).
Factoring, aka ‘ Receivable Finance ‘ is the other huge driver in trade finance in Canada. In some cases, it’s the only way for firms to be able to sell and finance clients in other geographies/countries.
The rise of ‘ online finance ‘ also can’t be diminished. Whether it’s accessing ‘ crowdfunding’ or sourcing working capital term loans, the technological pace continues at what seems a feverish pace. One only has to read a business daily such as the Globe & Mail or Financial Post to understand the challenge of small business accessing business capital.
Business owners/financial mgrs often find their company at a ‘ turning point ‘ in their history – that time when financing is needed or opportunities and risks can’t be taken. While putting or getting new equity in the business is often impossible, the reality is that the majority of businesses with SME commercial finance needs aren’t, shall we say, ‘ suited’ to this type of funding and capital raising. Business loan interest rates vary with non-traditional financing but offer more flexibility and ease of access to capital.
We’re also the first to remind clients that they should not forget govt solutions in business capital. Two of the best programs are the GovernmentSmall Business Loan Canada (maximum availability = $ 1,000,000.00) as well as the SR&ED program which allows business owners to recapture R&D capital costs. Sred credits can also be financed once they are filed.
Those latter two finance alternatives are often very well suited to business start up loans. We should not forget that asset finance, often called ‘ ABL ‘ by those Bay Street guys, can even be used as a loan to buy a business.
If you’re looking to get the right balance of liquidity and risk coupled with the flexibility to grow your business seek out and speak to a trusted, credible and experienced Canadian business financing advisor with a track record of business finance success who can assist you with your funding needs.
Natural Skin Care – What Should I Use?
The largest organ of the body is the skin and it is just right for us to take good care of it. There is no better way to do it but to use natural skin care. Essential oils, flowers herbs and roots are the usual ingredients used in natural skin care mixed with pure water, oil, preservatives or natural soap.Natural skin care uses components derived from nature, without utilizing chemicals to maintain the reliability. Many people around the world usually create their own natural skin care products at home using botanically based elements. There may be tales about some ingredients but studies have shown that components like Chamomile have anti-inflammatory and healing properties. Numerous people make use of natural skin care formula for skin therapy at home. These days many skin care salons and spas focus in utilizing skin care products developed from natural components. A number of companies in the past decade have been making natural skin care products thoroughly accessible to the public.Skin is the most noticeable part of an individual and having healthy skin should be one of our main concerns. Research shows that skin types can actually change due to different health concerns, medical treatments and hormonal imbalances. This is very important to know so that it will be easy to find the natural skin care routine that is best for every skin products.So what is the best natural skin care? Here are some ideas to be of assistance in choosing the right natural skin care products for the diverse skin types.Normal skin is neither too dry nor too oily and free from discoloration and blemishes. With normal skin, it is best to use chamomile, soy, rosemary, grape seed, lavender, sweet almond oil, cypress and camphor for treatment.Dry skin is categorized if the skin is ashy, flaky and reduced of elasticity. The best treatment for dry skin are calendula, carrot seed, jasmine, rose hips, orange, avocado and rice bran. These herbal treatments are best for healthy skin improvement.Oily skin has signs of shine, enlarged pores and slickness. With oily skin, best natural skin care treatments are hazelnut, cedar wood, lemon grass, geranium, thyme, patchouli, peppermint, refined coconut oil and olive.Combination skin type is classified when there are parts of the face like the nose; chin and forehead are oily, while other parts like the jaw line and area close to hair have dry patches. Some of the best natural remedies with combination skin type are sweet orange, ylang-ylang, rosewood, jojoba and apricot.You can determine if you have an acne-prone skin when you have outsized pores that usually suffer blackheads, clogging, cyst, redness and whiteheads. For acne-prone skin, the best natural treatments are lime, mint, grapefruit, tea tree oil, basil, coriander, manuka, grape seed and hazelnut.Your skin is sensitive when it is usually prone to redness, rashes, irritation, and blemishes. Effective cures for this type of skin are almond, sesame, jasmine, rose, calendula, carrot and jojoba.There are many natural skin care remedies available but the most helpful natural skin care treatment for the different skin types is water. Hydration of the skin is very important. Taking enough water for hydrating is very necessary for skin health.