Everything You Need to Know about Title Loans in Miami

What is a title loan?

 

A title, or auto equity, loan is a loan that lets you borrow money based on the value of your vehicle. One of the benefits of this type of loan, is in most cases, you get to skip a lot of the lengthy credit, and financial history checks. These procedures when applying for any other type of loan are incredibly inconvenient in an emergency situation where you need money fast. Let’s be honest, it could happen to any of us at any moment for a variety of reasons. Florida Title or also called title loans are a great option when you need money in a hurry. When a credit or financial history check is required, it affects the amount you can borrow, but not whether or not you can borrow. That’s another benefit, for those with not so perfect credit score ratings. Typically, you can get anywhere from $500-$10,000 within a 24 hour period. This is why it’s a go to option for so many Americans when they’re in need of a little cushion.

 

 

What do you need to file?

 

Many loan companies allow you to apply online. What you need to apply is your vehicle title as proof of vehicle ownership, your drivers license, or other form of identification, proving you are a legal Florida resident, and that you are over the age of 18. (In the state of Florida you must be at least 18 to apply) Be sure to call around, before applying. You want to make sure that the company you choose accepts your specific vehicle. Also, the rates differ. When you have decided which company you’re going to apply through, make sure you provide all required documentation, and fill out all the paperwork they require. Once they have all of that in order, they will tell you how much you qualify for, based on the value of your vehicle. When you go to pick up your money, a lot of times they will have an agent come outside and snap some photos before they complete the transaction.

 

The aftermath.

 

Once you have received your loan, you typically have 30 days to pay off the balance. However, a lot of times, if you remain in good standing they could extend this to sixty days or more, depending on the company policies, with whom you’re working with. Title loans are meant to be short-term. If the borrower defaults on an auto equity loan their vehicle will be repossessed by the loan company or have a lien placed on the vehicle. As with applying for any type of financial assistance, be sure to speak with a financial advisor before applying and make sure this type of loan fits your current situation.

How to acquire nonprofit startup grants (fundraising)

Have an amazing business idea?! Well, a lot of people do and often times, they need startup funding. If you are one of these people who think you’re startup has what it takes to hit the charts here’s a list of ways to gain funds for your new startup or fundraiser.

 

  1. Bootstrapping

This is a fairly common way to get a business started. You use your own money to start up the business, often times the money comes from low or ihigh nterest loans, personal savings, mortgages and lines of credit attached to your house. Receiving a free credit report will help you see where you are financially and knowing how much interest rates you’ll get on your loans. Unfortunately if you’re startup fails you will be left with a mountain of debt and a broken heart. This is why so many people hate this form of fund raising.

 

  1. Obtain a tiny business loan.

There’s a ton of banks that provide loans catering to small businesses. But banks have a track record of being selective when it comes to the compiles they choose to give money too. Be very careful with these loan lending companies. Some give you high interest rates and are predatory. Think twice before signing onto a loan.

 

  1. Trade services or equity.

Do you need a website? Need someone to market your products? See if someone you know can do the job of promoting your startup and in return do some work for them or give them advice on topics they need help with and you are knowledgeable about. In almost every city there’s an abundance of communities and business owners who work together.

 

  1. Incubator or Accelerator

Business incubators and accelerators have popped up all over the country, especially near colleges with active business programs. These spaces are mentorship development centers combined with communal workspaces. They’re perfect with other people and companies. Unfortunately, the majority of them work with technology businesses so you might not be able to find one that works for you or stuggle to find one.

 

  1. Try crowdfunding.

If your idea sparks the interest of a lot of people, and you are good at or willing to learn about marketing on social media you should try crowdfunding. Sites like Indiegogo and Kickstarter are great places to start and have a history of helping others get their businesses off the ground. Unfortunately, there’s a fricd number of competition against you, and they’re all in it for the same goal you are. So you need a lot of fame and attention in order to get the amount of support you want. You could also overwork yourself and enrage your backers which can hurt your relationship with them, or you could fail to get the fundraising you need.

Which way do you pefer to obtain startup funding, did you try any of these yet or plan to? Make sure to check Giving Tuesday and also tell us in the comment section below and don’t forget to share us with other startup owners!

What is the market like? Selling your house. Simple Tips

Selling your house is a big decision, and you want to make sure it is the right one. Before committing to putting your house on the market, you need to do your research and prepare. Here are some of the things you should know before selling your house.

What is the market like?

Though selling your house ultimately is about finding the right buyer, the overall market will determine if there are buyers out there who will find your home. If homes are selling really fast and prices are going up, it’s a good time to sell. If the opposite is true, you might want to hold off on listing your home for sale if you can, because you might have trouble selling it and get a lower price than what you had hoped for.

Work with a Realtor

Some home sellers tend to want to try to sell on their own to avoid having to pay a commission that can be as high as 7 percent. But that normally is a mistake. Houses listed with a real estate agent sell faster and for more money than those listed for sale by owner. Using an agent is especially important when the market isn’t so hot, because the agent’s expertise and connections can come in handy when trying to find a buyer in a down market.

Make sure your home is ready to sell

The modern buyer for the most part is not looking for a fixer upper. Buyers these days, especially younger people, want a move-in ready house that they don’t have to do a lot to. That’s why it behooves you to put some money into your home to make important changes. For example, you might want to paint rooms that don’t have neutral colors, make minor fixes such as repairing broken and make small updates to modernize the home, such as changing out cabinet hardware and light fixtures. Such tasks don’t take a lot of time or cost a lot of money, but they can make a world of difference in how appealing your home can be to potential buyers.

Have your home pre-inspected

Home inspections only cost a few hundred dollars, and they can uncover serious issues. Having your home pre-inspected can help ensure you don’t get blindsided with a major issue before your quick house sale closing. A pre-inspection also might be a selling point, especially if your buyer’s lender will agree to accept the inspection. That will save the buyer some closing costs.

For most people, buying or selling a home is the largest financial transaction they will ever make, which is why it’s so important to do it right. As a seller, you don’t want to leave potential money on the table, but you also don’t want to get so hung up on an amount that you fail to use a Realtor or price your house too high. Following these tips will help you to have a successful — and profitable — home sale.