I have come across many note sellers that ignore the advice of being prepared. Properly structuring a note for resale can be the difference between selling the note fast and with little friction as opposed to selling yourself short or worse,not selling the note at all. In order to properly structure a mortgage note for resale is as follows:

1) Get the biggest down payment possible. 25% is the Note Buyer’s ideal amount in a perfect world although,you can definitely get away with 15% – 20% if need be. Anything under 15% equity becomes very risky for a Note Investor. In the case of a down payment under 14% equity,you will have a very tough time getting a high bid on that note. Anything under 10% down,will unlikely sell at all.  -!

2) Make sure you (the seller),pull credit on the potential borrower. 600 FICO score – 700 FICO score would be ideal. Remember; the worse the credit score is,the bigger the down payment you should require! Make sure you keep a copy of the credit report so you may present to the mortgage note investor underwriting the transaction. As far as credit scores,650 or higher is considered great to excellent credit. 610-649 is good,609-590 is fair 589-500 is poor and below 500 – don’t even bother. Also try to gather D.T.I. or Debt to Income information from the borrower as well. How much money she/he has coming in per month verses what dollar amount is going out per month. A standard credit report will show you what the borrowers monthly bills are. All you need to do after that is get an accurate dollar amount of what the borrower truly makes after taxes. This way there will be no surprises for you or the Note Investor and this will insure you the highest bids out there! 45% is the max D.T.I. ratio you should allow. This means,if the borrower’s income is $5,000.00 per month,45% DTI ratio would be $2,250.00 (5,000 x 0.45 = 2,250.00) in debt per month. The borrower only owes 45% of what they make to monthly debt.  -!

3) It helps tremendously if the seller orders and completes an appraisal before submitting the note to a Note Buyer. The reason being,presenting an exact legal appraisal to a Note Investor allows for a more accurate bid,thus a hassle free transaction. This way when the note is underwritten,there will be no surprises on the collateral property whatsoever. This step is not necessary although,by doing this your are drastically increasing your chances of a very smooth note sale.

4) Include a high interest rate with the shortest term possible. Meaning,be sure that your borrower can afford the payments at the shortest term she/he can legitimately agree to.

5) Try to keep the loan under a 10-15 year payback date. Anything over 12 years usually takes a much steeper discount then say a 10 balloon. The Note Investor generally likes to be out of an investment in 5-10 years. Ideally,if your borrower situation permits,5-10 is the first choice. 

6) Include a prepayment penalty based on your states regulations and laws.  -!

Please keep in mind; the above information is just a guide. If you have any legal questions about mortgage origination laws in your state,please consult a licensed mortgage broker/banker (in your state) or an attorney. Always be prepared!

Knowing this info before hand is the difference between a smooth transaction and a complete nightmare! Good Luck!

It is the process of projecting thoughts onto the minds of others. Mentalists are also known for their work as mind-readers.

Mentalism is divided into several categories,depending on the type of tricks the mind-reader employs to accomplish his work.

These include the telepathy (sending thoughts),the clairvoyance (receiving thoughts),and precognition (recognizing thoughts),retrocognition (revealing instances from the past) and psychokinesis (influencing objects through your mind).

The most popular kind of mind reading is the acquisition of information using telepathy,but different forms of mentalism are sometimes included.

Precognition has enabled researchers to see inside look at how potential products are received by consumers before investing money. Mentalism may be the most significant innovation of entertainment that has occurred since invention of reality television. The Clairvoyants, for instance, have offered valuable information to battle psychologists in the war against drugs. Mentalism is a performance art that uses the telepathic abilities to obtain information from individuals referred to as “targets” or “marks.” There are a variety of forms of mentalism, including precognition, clairvoyance and telepathy, psychokinesis, retrocognition, and retrocognition. Mentalists have been entertaining audiences at nightclubs and parties since the turn in the last century. Mentalism is a performance art which combines entertainment and education.

A mentalist can be described as an adult magician. Mentalism is only a tool in the arsenal of an artist.

Some Notable Mentalists include:

Joseph Dunninger was a world-renowned mentalist, and Uri Geller was an Israeli illusionist who has conducted Telepathic experiments on TV in Europe and the US. Derren Brown is an British mentalist and illusionist who frequently combines his skills in mentalism and magic while Lior suchard,a psychiatrist from Israel.

There are many different kinds of mentalism, including telepathy, clairvoyance, precognition psychokines, retro cognition and precognition. The most common form of mentalism involves telepathy. However, there are certain notable variations to this.

Joseph Dunninger

Dunninger was a celebrated mind-reader. Joseph Dunninger,known as “The Amazing Dunninger,” was a famous mentalist in the 1930`s. He was famous for his apparent ability to psychically read minds However,he also performed other illusions involving psychic telepathy. For example,he would create a prediction and put it in an envelope before giving it to a person in the public. He would then take her home,where he gave her details regarding the prediction. He did this by telepathically transmitting the contents of the envelope to her over the course of a phone conversation. His radio programs were listened to by millions.

Kreskin

George Joseph Kresge is a famous mentalist from New Jersey. He has been featured on numerous television shows which include The Tonight Show starring Johnny Carson. He has given shows at Atlantic City and Vegas,however,he is most well recognized in the county fair circuit for appearances around the nation. He claimed to use psychic telepathy,clairvoyance and precognition. The most well-known story about him is a story of a promise to donate $10,000 to a charity provided he proved that his abilities in mind reading were genuine. However,no one ever received the money,because Kreskin asserts that he has the ability to read minds,but he isn`t able to be able to see into the future.

Derren Brown

The talented Mind Reader Brown is a British illusionist and a mentalist who often combines his talents in mentalism and magic. Some of his most well-known tricks involve psychological manipulation and he has also employed the power of telepathy to create illusions. One example involved Derren Brown placing a volunteer in a mental institution while he took her place and then using telepathy to respond to the essay questions.

Uri Geller

The Mystifier Uri Geller is an Israeli illusionist that`s conducted telepathic experiments on television in Europe as well as the US. He is most famous for bending spoons,although many critics claim that his abilities are the result of secret pocket devices. Geller declares to be a psychic and uses telepathy to perform his tricks.

Lior Suchard

The Mentalist Suchard,a psychic from Israel. Lior Suchard is well known because of his abilities to bend spoons through Telekinesis. He also has the ability to read minds,and does this with a method he calls “remote viewing,” which involves him sending his thoughts to a target.

Mentalism is a tool that is part of Lior Suchard`s arsenal. It`s a trick for parties and a means to fooling the audience. It is,however,Lior Suchard also uses it as a fun diversion and to test the limitations of our perception. Mentalism is not magic,however,magicians often employ mentalism to create misdirection and illusions that fool the audience.

The field of mentalism is a area of study that studies mental power. It is related to magic and is the art of tricking people into thinking that telepathy,clairvoyance,and perception are true. However,it`s not intended to be amusing like magic can be. In reality,mentalism is mostly an activity in the human brain. Mentalists use telepathy to explore how it could be possible individuals to see each other`s minds even though they live situated in different locations.

Mentalists and psychics utilize telepathy to perform tricks,but it can be utilized to explore. The whole history of mentalism can be considered a study of human perception and psychology. Mentalists use telepathy to explore how the mind works and what the limitations of our human mind are,and how humans perceive reality.

Commercial boilers are used in a wide range of businesses,from office blocks to warehouses and factories. They are also used in public facilities like schools and hospitals. They’re a great way to heat your building in a cost-efficient manner,but it’s important to understand what they do and how they work before you decide on which one is right for you.

Commercial Boilers Explained

Commercial heating systems are not as different from those used in domestic properties as they may seem,but there are a few key differences to keep in mind. These include the fuel they use,and how they generate heat. This can be hot water or steam. They also differ in their size,which can make them more suitable for large premises.

The boiler is the heart of a commercial heating system and plays a vital role in keeping your building warm,ensuring everyone stays comfortable and healthy. Failures can cause serious injuries or even death. It is important to keep the boiler in top working order.

It’s also important that any leaks are properly dealt with,as a hot water or steam leak can cause significant damage to your facility and potentially result in serious injuries. For help and advice,contact a trusted HVAC service supplier.

How Commercial Boilers Work

The principle of a commercial boiler is similar to that of a domestic appliance but has more moving parts. You can use it to heat fuels like oil or gas and create hot water or steam that you can distribute throughout your building.

There are several parts that make up a boiler,including the burner,combustion chamber and the exhaust system. Each of these has a unique function,but they all contribute to the overall effectiveness of the boiler.

The boiler’s burner creates a mixture of fuel and oxygen to produce a flame that burns cleanly and efficiently. The boiler can also heat water quickly and efficiently thanks to the burner.

When it comes to commercial boilers,the most important thing to look for is energy efficiency. This is important because it can save you money over the long-term,especially if your business plans include a long-term commitment. It’s best to look for appliances with a high Annual Fuel Utilization Efficiency (AFUE) rating,which means that they convert as much of the fuel they use into usable heat as possible.

This feature also helps reduce the likelihood of leaks forming in your boiler’s system,which can cause problems with a heating system. It’s also a good idea to ensure that the boiler you choose has an adequate size for your needs,so that it will be capable of providing a steady flow of warm water and keeping the temperature of your facility as comfortable as possible.

There are a number of other benefits that can be achieved by upgrading to a new,more efficient boiler. A new boiler can be fitted to a temperature control system,which will allow you to set the temperature in your building more precisely. This can be a huge benefit,especially for those who are prone to forgetting to adjust their thermostats. Don’t forget that commercial boilers are complex,so you should have a commercial boiler repair service on speed dial or in your contacts.