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With this rigged game of Monopoly, it may be hard to find players and that is what is happening now. The end result of this artificially constrained, government controlled market is a drastic reduction in home sales. Even as the Fed frantically prints new money, it cannot match the private sector financing that existed only a few years ago. An examination of historical data from the Homebuyer's List quickly shows that the housing market has dried up. It is impossible to continue to take Monopoly money off the board, force values to be equalized, and then expect a player to buy Ventnor Avenue when he lands on it.
1) Carry the right merchandise for your shoppers. Most dollar stores will need to carry a core set of consumables that everyone must purchase on a routine basis. Things like household cleaners, paper products, as well as health and beauty items fall into this category. Your shoppers will have other needs they must fill as well. Be sure you understand those needs and then be sure you carry exactly the products required to fill them.
Estate Liquidations 3) Continual follow up - Don't just mail once and stop. Studies have shown that each time you make contact with a potential customer or client the more likely it is that you'll make the sale. Don't give up on the first try.
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Credit Cards. This is another good way to finance your business, since the interest-rate is rather low, compared to the loan sharks and pawnshops, which I do not recommend as sources of funds. To get the most of your credit, make your purchases right after the cut off date so that it gets reflected only in your next month's bill.
Estates Sales Bank Loans. Banks seldom lend to a new or small business. Usually you have to prove your worth first before a bank will consider your loan application. These include having real estate as collateral, and your business must be feasible. So unless you have the collaterals and have a track record in business which can be supported by financial reports and feasibility studies, a bank loan is not an attractive option as source of capital for a start up business.
Business Liquidations For real estate, look on public records online in all surrounding counties and where the deceased lived before. Here in Florida, a well-known and educated person did not know that real estate ownership records are free online at your county property appraiser's website. Therefore, when his suspicious wife did a check, she found that he had bought a condo for his secretary in the next county.
So for the first part of our questions about the best of times and the not so good times the answer is that there were fewer properties that sold in 2005 but the selling price of those properties that did sell increased substantially.
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