Health Care: Part 5 – Where To Now?

I have never seen anyone on TV or heard on the radio, talk about a government free health care system. Today, everyone seems fixated on some kind of government involvement. Once again, no government program I have ever seen works to help the governed, they only work to the advantage of Washington DC. If you and I truly want the best health care system be need to wrap our arms around the concept of “individual responsibility”, not standing in the street like a beggar with our hands out.The only system that will work is a system absent of any government programs, absent of lawyers, and with health insurance that protects us from financial disaster. Only catastrophic coverage should be available. The beauty of such a system is that government is not needed, lawyers would be banned from profiting from people’s misfortunes, insurance would be available in a way that meets the definition of insurance (protection against loss), and lastly the graft and corruption now in our system would be eliminated. Such a system would rein in exorbitant costs that infect today’s system thus making it possible for today’s costs to come down as much as 70%.Here are some “facts” you will not hear from the news media or politicians. Americans take too many medications, go to the doctor too often and are afraid of financial disaster due to a catastrophic health issue. It is this “being afraid” of financial disaster that contributes most to our crisis and politicians know how to take advantage of this fear with unattainable solutions and promises that do nothing but keep them in office. Also, you cannot get healed by taking medications, or by going to the doctor, or having health insurance company pay for treatments, or by going to a hospital. The only true healing available to anyone is their own body, and it is a tremendous healer if you will only give it a chance. Everything else in health care is designed to “help” your body do its job.Now, here are some “truths” you will not hear from the news media or politicians. The fear of financial disaster can be alleviated by purchasing catastrophic coverage. In additions there are thousands of non-profit organizations just waiting to help people with unusual circumstances. I know this because I speak to many of them. Also, because of government run programs, ten percent of our population uses up ninety percent of all health care resources. Read this last sentence again, think about it and answer this question. Do you consider yourself in the ten percent of the most wasteful, or in the ninety percent that can get by with less? This may be the most important truth you will ever hear so please embrace it. If you take care of your body by eating properly and exercising properly, you will eliminate of sixty percent of all possible diseases and illnesses you could possibly come down with in your lifetime. Let’s learn to vote properly and become more educated about what health care truly is, the system will work. Learn more truths by going to my “.com” website, “the health care fix”. There is a lot there. There are also two books available on Amazon Kindle, “Health Care: It Can Be Fixed” and “Ten Tenets For Better Health”. Have a great and blessed day.

Commercial Mortgage Overview

At present, commercial mortgages are the ideal way to finance the development of businesses, as they provide flexible and affordable financing solutions. For businesses confronted with severe financial difficulties, commercial mortgages are the best way to avoid bankruptcy and to re-achieve stability in the market; for growing businesses, commercial mortgages are perfect for financing business changes and improvements. Commercial mortgages can be used for a variety of purposes, such as: the purchase of business premises expansion, residential and commercial investment, property development, meeting the lenders’ criteria, etc.Commercial mortgages basically refer to loans made using real estate properties as guarantee for repayment. Although commercial mortgages have similarities with residential mortgages, in the case of commercial loans the collateral (the security pledged for the repayment of the loan) is a type of commercial building or a business real estate, not a type of residential property. Consequently, commercial mortgage deals are generally closed by businesses, not individuals, and unlike in the case of residential mortgages, borrowers have to present with solid credibility and creditworthiness in order to receive a substantial loan.The terms and conditions of commercial mortgages greatly vary from a regional perspective; for instance, commercial mortgage policies in the United States differ from those closed in the UK in aspects such as the length of the loan, the length of time allowed until balloon payment (total payoff of the loan) and so on. However, the most pronounced variations of commercial mortgages are in areas such as interest rates, which are established by the local market.In order to get the most out of a commercial mortgage, it is crucial to pay the right attention to interest rates, the duration of the loan and the repayment schedule stipulated in the contract (these are interrelated variables that can substantially influence the quality and the efficiency of any underwritten commercial mortgage). It is important to note that there is no right or wrong way to negotiate the conditions of a commercial mortgage; however, it is crucial to opt for the repayment plan that best suits your business’ needs and your financial possibilities.Commercial mortgage interest rates can be categorized in two distinctive groups, each having specific advantages and disadvantages: commercial fixed rates and commercial variable interest rates. Commercial fixed interest rates are ideal on the premises of continuously rising interest rates on the market; they are preferred by business owners who want to stabilize the monthly payment amount. By choosing a commercial fixed rate, one can also incur an “early redemption charge” (ERC), which basically acts like this: after the previously established fixed rate period of repayment has expired, the borrower benefits from an extended period of repayment, with the condition to pay a variable rate established by the lender from that point on. The ERC has been adopted by many categories of commercial loan providers, thus allowing borrowers to overcome any emerging financial problems during the period of repayment.The commercial variable interest rate is primarily influenced by the changes in the base rate established by the Bank of England. This type of commercial interest rate also fluctuates according to the local market rates and other factors, and should be avoided in highly unstable markets. Before choosing commercial variable interest rates for your loan, it is crucial to do an extensive research of the market in order to efficiently forecast the short-term and long-term evolution of the market interest rates. If the market prediction is favorable and the interest rates are expected to drop significantly, then the variable interest rate is the indicated choice; otherwise, one should opt for the fixed interest rate.The process of closing the right commercial mortgage deal has many subtleties and involves performing an entire series of specific tasks. In order to get the most out of a taken commercial mortgage and to overcome any impediments over the period of the loan, it is crucial to employ the services of a prominent, highly reputed commercial mortgage brokerage company.

How to Avoid Small Business Loan Mistakes

With a reasonable amount of time and effort, the business finance problems described in this article can be overcome successfully. This attention to potential difficulties is critical because commercial mortgage and commercial loan mistakes can have severe financial consequences.It might seem like good common sense to avoid mistakes in anything you do, but unexpected business financing mistakes are tricky and difficult to avoid because they usually involve complexities that are not understood by many commercial borrowers. There is often a tendency for borrowers to ignore or overlook factors that can produce long-term financial problems with complicated commercial loan situations.What are the benefits of avoiding business financing mistakes? Commercial borrowers should expect to avoid potentially devastating business finance problems and secure improved commercial loan terms by taking some extra time and caution when they are obtaining a new business loan or commercial mortgage. The stakes are high and this will admittedly require a concerted effort by business owners in order to successfully avoid commercial financing mistakes.This article will focus on two specific strategies to help avoid business financing mistakes. Both are considered to be of somewhat equal importance, so it is strongly suggested that business owners devote time to both approaches.You should make an initial evaluation of the need for long-term or short-term business financing. It is essential to consider all possibilities before you commit to a commercial loan. With a long-term business loan, borrowers are likely to incur substantial penalties if they need to refinance in the first three to five years. With short-term business finance agreements, business owners could be faced with the need to obtain new financing that will replace an existing loan at an inopportune time.The biggest potential mistake could occur if a borrower is not aware of the terms in their commercial financing. Even though a commercial borrower might have what appears to be a long-term commercial mortgage, many traditional lenders include recall terms that allow the lender to require early repayment of the commercial real estate financing under specified conditions. Lack of knowledge about such loan terms can prove to be a serious mistake. Here is a recommended solution to help avoid this specific problem and other related problems: Commercial borrowers should look for resources which will provide relevant solutions for a business owner contemplating business purchase or real estate refinancing.Working with an experienced business finance lender and advisor is an absolute must. Following such advice will not be as easy as you probably imagine due to the recent chaos in the residential real estate mortgage field. This unexpected financial turmoil has resulted in an increasing number of residential brokers and lenders seeking to become active in the business financing field. What this means is that there are now substantially more inexperienced financial advisors attempting to advise business owners about how to obtain a commercial mortgage or commercial loan.These mistakes are unfortunately likely to be of a critical nature because of specialized business loan requirements, and there is an increased probability of serious mistakes occurring if an inexperienced loan advisor is used. Here is a suggested solution: Business borrowers should thoroughly discuss financing alternatives with a commercial financing expert before buying or refinancing a business investment or commercial property.