Submitted by hkoltermann on Thu, 10/18/2018 - 12:56
Starting a business involves planning, making key financial decisions and completing a series of legal activities. Read on to learn about each step.
Conduct Market Research
Market research will tell you if there’s an opportunity to turn your idea into a successful business. It’s a way to gather information about potential customers and businesses already operating in your area. Use that information to find a competitive advantage for your business.
Submitted by hkoltermann on Tue, 07/17/2018 - 10:10
Finalizing your mortgage is perhaps the most crucial step in the home-buying process. It’s important to be prepared for pre-closing and closing, so you know what to expect. The lenders here at First Bank Financial Centre have decades of experience and serve as your trusted advisor throughout the entire process. Our goal is to ensure that you feel completely comfortable with each step. Here is what to expect:
Immediately Upon Acceptance of the Final Contract:
Submitted by hkoltermann on Mon, 07/02/2018 - 11:20
As we’ve all been told over and over again, buying a home is one of the biggest purchases you’ll probably ever make. And if the housing market is a seller’s market, there’s a lot of additional things to consider including are you willing to get into a bidding war, are you okay with compromising some items on your wish list, and at the end of the day, can you afford to live the life you’re accustomed to AND purchase this home.
Submitted by hkoltermann on Mon, 04/09/2018 - 09:14
If you’re in the process of purchasing or refinancing a home, or even just in the research stage, you’ve probably heard the term ‘closing costs’ more than once. Closing costs are a necessary part of any mortgage loan transaction. However, not everyone knows what they’re comprised of, why they exist, or how they work. Before we dive in, there are a few terms we’ll reference that we’ve defined below:
Submitted by hkoltermann on Thu, 03/08/2018 - 14:45
Have a Financial Question? Ask us! We will compile the financial questions we receive, big and small, into a blog to be posted on Fridays. Feel your question is silly? No question is silly, but no worries, you’ll remain anonymous.
Email your questions to email@example.com with #moneyminute as the Subject or message us on Facebook!
There are so many credit cards out there. How do I choose the right one?
Submitted by hkoltermann on Thu, 05/18/2017 - 12:49
You can easily determine how much house you can afford by following a few general guidelines:
Your monthly mortgage payment, including principal, interest, real estate taxes and homeowners insurance, should not be more than 28 percent of your gross monthly income (before taxes). This is your housing expense ratio.
Submitted by hkoltermann on Tue, 05/16/2017 - 12:30
House hunting can be the most exciting part of the home-buying process. But you must never let those pretty white fences, or beautiful countertops cloud your judgment. It is an investment, after all...and one of the largest you may make in your lifetime.
While viewing a property, write down and keep a look out for the following: