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Tips on securing your dream home


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duty of care

Duty of Care – Keeping Employees Safe in High Risk Locations

19 April 2018 / By Nick Royle / Business  / Business Travel Tracking  / export  / Global Mobility Management  / Global Talent Mobility  / HR  / International Assignment  / Relocation  / 

Duty of Care – Keeping their global business travelers and assignees safe has become much harder for companies than it…

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restrictive covenant

Should Companies Include Restrictions in Assignee Contracts?

9 April 2018 / By Nick Royle / Business  / Global Mobility Management  / Global Talent Mobility  / HR  / 

Anytime a company sends an employee on assignment, there are multiple issues to consider, although some tend to be overlooked.…

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MSI News

Baker's Dozen

MSI wins 1st place for Quality of Service in HRO Today Magazine’s 2018 Baker’s Dozen: Relocation Ranking

March 25th 2018 – MSI Global Talent Solutions, a human capital advisory firm that enables companies to improve, grow, and…

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Move for Hunger

MSI Global Talent Solutions and Move for Hunger Announce Collaborative Effort to Help Feed Families in Need

Hampton, NH February 12th 2018 – MSI Global Talent Solutions, a professional services organization dedicated to helping companies create human…

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Whitepapers

An introduction explaining what these whitepapers are about & why people should register should go here

GDPR

Not yet GDPR compliant? Here’s how to minimize your organization’s risk

For better or worse, it’s almost here. On May 25, after a two year transition period, a strict new regulation…

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high-risk travel

Keeping Employees Safe in High Risk Locations

Keeping their global business travelers and assignees safe when visiting high-risk travel locations has become much harder for companies than…

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Webinars

GDPR – Will you be ready?

Summary: What is the GDPR?  Who needs to comply? In this session we reviewed the highlights of the new General…

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Global Talent Strategy: Modernization to Facilitate Success

Summary: Organizations continue to be impacted by the evolution of advancing technologies, shifting political climates and high competition for quality…

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Tips on securing your dream home

25 August 2014 / By Nick Royle / Domestic Relocation  / export  / Guest Blog  / Home Sale  / Relocation  / 

HelpfulTipsThere’s not a worse feeling than finding your dream home only to get outbid, and in today’s competitive market, bidding can turn intense very quickly. With inventory low, a dozen bidders might be going after the same home you are. Here are a few pointers to help you avoid getting outbid:

  1. Turn in all your loan paperwork prior to making an offer. In some cases, you’re going to be competing with cash buyers, so they aren’t going to have to wait for financing approvals. Put yourself in the seller’s shoes. Wouldn’t you prefer doing business with a cash buyer who can close a deal quickly? That’s why it is so important to stay a step ahead of the game by making sure your mortgage lender has your source of down payment funds, asset documentation, credit report and income documentation. That improves your chances of closing promptly and gives you a shot when going against the cash buyers
  2. Pay with cash, but make sure you do it the right way. On a property purchased with cash, you have 90 days after closing to place a mortgage in order to secure a tax deduction. You also must document the source of fund you used to make your purchase to get loan approval after closing.
  3. Consider using lender-paid mortgage insurance. By using lender-paid mortgage insurance, you can take on slightly higher interest rate in exchange for no mortgage insurance. This isn’t as expensive as FHA insurance or Private Mortgage Insurance. That lower monthly payment can help you afford a home with a steeper price tag.

By Angie Ignatowski

Berkshire Hathaway HomeServices Select Properties

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