Quotes of the Day

When you close a sale, it's the prefect time to make an additional sale--particularly if there's a very good reason and benefit for the client to buy your package deal. Sixty percent of all clients will increase if you do it right and offer true value. [2000] - Jay Abramham

Make sure that the mutual funds you are interested in have at least a five-year track record. Most business cycles last three to five years. You also want to look at bad years such as 1991, 1994, 2001, 2002, and 2008. [2009] - James DiGeorgia

Expected returns should be viewed with a time horizon of at least 20 years. If your target rate of return is 5% or 6%, then a portfolio of 60% stocks probably isn't going to cut it. If you're comfortable with a more aggressive approach, that's fine, but remember that most people over-estimate their risk tolerance. If possible, you should consider increasing your savings rate or giving yourself more time. [2021] - Dan Bortolotti

If you need to arrange financing in order to buy the property, you will want to include a conditional clause such as "Subject to buyer obtaining financing satisfactory to the buyer on or before (insert number) of days from acceptance of offer." Be sure to include "satisfactory to the buyer" in this clause to ensure that not just any financing will force you to remove your condition. If you can get financing but it doesn't fit your system, you will want to have the option of not accepting it. On most small properties, such as single-family homes, condos and duplexes, 21 days is sufficient. [2009] - Don R. Campbell

If you are given an eviction notice for "landlord use" you are entitled to one month's rent as compensation from your landlord. The landlord must either pay you this money or give you the last month's rent free. You can move out with a minimum of 10 days notice if you find another place before the two months are up. When you give a short notice, you only have to pay for the days that you actually live there. If you have a lease (also called a fixed term tenancy agreement), you cannot be evicted for landlord use before the lease runs out. [2015] - Kris Anderson