Tag Archives: insurance
Errors and Omissions Insurance and HMS Home Warranty Protect Your Client
Professionals in the business of buying and selling real estate including brokers, agents, appraisers, title agents, mortgage brokers, home inspectors and title abstractors have been helped by HMS National for Errors and Omissions Insurance (E&O) for over 30 years. Along with HMS Home Warranty they protect your reputation and make doing business safe and cost effective.
For real estate professionals whose reputation as well as livelihood depends on transactions going unhindered by delayed closings, HMS Home Warranty is essential. When you recommend HMS Home Warranty to clients buying a house or selling their house you can be confident that you are doing them a favor. The home repair headaches will be greatly reduced for them saving them money as well as time.
The HMS Home Warranty is also valuable for getting houses to closing faster, because it minimizes the chances of an appliance or system component failure delaying the closing process. There are other situations you will not be able to foresee which is why you have Errors and Omissions Insurance (E&O). HMS National is an expert for E&O insurance and knows how to customize it for individual situations. They have a national network where they can leverage the best possible rates for the right policy for you.
There are many advantages to HMS Home Warranty that you will want to make known to your clients. They will be able to avoid costly and unexpected home repairs for appliances and major systems and avoid the whole process of finding the right technician, because HMS has a nationwide network of qualified contractors. If they want to buy any new appliance they can also get big discounts through an HMS Home Warranty.
You will have the opportunity to contact your client when they call the HMS Home Warranty 24/7/365 call center to file a claim when a covered appliance or system breaks down. HMS will pay the claim and notify you and you can call them just at the time they are greatly relieved to have been saved from a huge expense, possibly depleting their savings. They will be happy to give a referral for you, boosting your business.
Sources of Quick Loans (Page 1 of 2)
If you have a poor credit profile and are facing a situation where you need to obtain funds quickly, your options may be limited. You are unlikely to achieve approval for a conventional bank loan, especially if your income is limited. As a result, you may be tempted to pursue quick loans from payday loan companies.
However, if your situation is truly dire, you may qualify for assistance from one or more government scheme. If not, by thinking outside the box, you can almost certainly find alternatives to payday lenders for quick loans that represent less of a threat to your financial well being. The loan sources listed below may serve as resources for one-off quick loans. On the other hand, if you find yourself regularly seeking sources for quick loans, you should re-evaluate your spending habits. You may need to cut back on your spending, figure out a way to boost your income – or both.
Loans From Friends and Family
You may hesitate to borrow from friends or family members because of the possible risk of causing a rift in your relationship. However, if the amount that you need is reasonably small, friends and family can provide a legitimate source of quick loans. Draw up an informal agreement and do everything in your power to repay the loan as quickly as possible. If circumstances beyond your control prevent you from repaying the loan as planned, come clean with your friend or family member, and work out alternate terms for repaying the loan whenever you are able.
Credit Card Cash Advances
If you need the money to pay day-to-day expenses, try purchasing the items you need with credit cards instead. While living off credit cards is not ideal, interest rates charged for transactions is far lower than those for cash advances. However, if you need hard cash and you have no other means of obtaining money, cash advances from credit cards are preferable sources for quick loans than payday loans. If you do opt for a credit card cash advance, borrow what you need in a single transaction if possible, because credit card companies typically impose hefty charges on each transaction.
Credit Union Loans
Local credit unions are a good source for quick loans. Interest rates for credit union loans are much lower than those for payday loans, and credit unions are often more lenient with credit than conventional banks. You must be a member in good standing; however, it is likely that you are eligible for membership in at least one credit union in your area.
Bank Overdraft
If you have funds available, you may tap into your bank overdraft as a source of quick loans. If you opt to draw from your overdraft, never go over your pre-arranged limit. Otherwise you will encounter fees that nearly rival those of payday loans. You should also repay the overdraft as soon as you are able.
Whole of Life Insurance Policies
If you have been paying premiums for a whole of life insurance policy, you might have accumulated a tidy sum that is available for you to borrow against. Ordinarily, drawing funds out of your life insurance policy is not a good idea, especially if you intend to use those funds to finance your retirement. However, if you are desperate, withdrawing funds from a whole life insurance policy is preferable to obtaining a payday loan.