Archive for July, 2010

Tax Deed and Foreclosure Sales

Wednesday, July 28th, 2010

Florida Law: Unpaid tax certificates (after the auction) are guaranteed 18% notes from the government. Redeemable 2 years.

A tax certificate may be held for a minimum of two (2) years but not more than seven (7) years. At any time between the second and seventh year, the certificate holder may request the sale of the property to satisfy the certificate. The certificate holder must apply for the tax deed sale by presenting the original certificate to the Tax Collector. More information on Tax Deed sales here.

Short Term: If you own 2 years of the tax liens, you can file for a tax deed and become first position (Always get your money + interest owed). If during the redemption period seller does not repay the taxes TITLE is reverted to the government and all junior liens are ERASED. That means if you invest $7,000.00 in 3 years tax liens and acquire the property (not probable but it does happen, especially in Florida) and the property is worth $30,000.00, you will own outright this property for a total investment of $7,000.00 for 3 years.

Long Term – After 2 years: At a tax deed sale, the minimum bid is generally the amount of back taxes owed plus interest, as well as costs associated with selling the property. Bidding is done in increments from $10–$100 in most states. In the event the property is not purchased, title may revert to the county government. In most jurisdictions, the county transfers title in a tax deed sale through either a Tax Deed or a Sheriff’s Deed. The purchaser of a tax deed may transfer title through a quitclaim deed but would need a quiet title action to sell with a Warranty Deed (given that a Tax Deed, Sheriff’s Deed, or quitclaim deed are insufficient to acquire title insurance).

Author: Ruben Pizarro; Realtor – Plantation Realty; My Florida Investors – President; 5620 US Hwy 98 North, Lakeland, Florida 33809; 863-409-1734

Copyright Office OKs iPhone ‘Jailbreaking’

Tuesday, July 27th, 2010

What the iPhone jailbreaking ruling means – see the following list of Frequently Asked Questions.

Sales and Marketing Outsourcing Gaining Popularity

Wednesday, July 14th, 2010

There are several methods and benefits of outsourcing sales and marketing today.

We have all watched company after company, industry after industry, make decisions to outsource functions previously considered too proprietary or critical to ever trust with outsiders (IT, HR, Payroll, CRM, etc…).   So we shouldn’t be surprised that sales and marketing is rapidly moving up the list of business processes now receiving that same consideration.

Sale and marketing outsourcing (SMO) is fast gaining momentum, perhaps because of challenges resulting from the economic downturn, but more likely because business, competitive and specialization trends continue forcing companies to find ever more efficient, scalable and effective solutions to generating revenue.

When to Consider Sales and Marketing Outsourcing:

1. Entering a new market, geography or industry segment;

2. Launching a new company, division, services or products;

3. Supplementing internal sales, marketing or solution teams to gain a speed to market advantage

4. Mentoring existing sales and marketing leaders during transitional periods

5. Developing and launching new sales strategies, go to market models and pursuit processes.

These are excellent occasions to engage outside sales and marketing expertise and benefit from external perspective and experience.

Of all the challenges companies face in outsourcing sales and marketing, the most overlooked is committing to make decisions and execute quickly.

Remember, outsourcing should be viewed as a value as well as a time and budget saver.  Look for new and innovative ways like outsourcing to accomplish your goals and keep the momentum necessary to ensure your future survival.

Consider this, there are 2 types of companies – those that adapt to change and those that go out of business.

Authored by: Dana Carpenter; Kontor Business Solutions; www.YourKontor.com; dana@yourkontor.com,  (tel) 407-902-6642.

Men At Work Must Pay Royalties for “Down Under”

Thursday, July 8th, 2010

Australian band Men At Work was recently ordered to pay 5% of its royalties from the 1983 hit song “Down Under” to the owner of a 76-year old folk song.  Down Under’s distinctive flute riff is reported to have been used from the folk song, “Kookaburra Sits in the Old Gum Tree.” It is also reported that the suit was initiated in Sydney Federal Court after a television quiz show suggested the similarity.

The owners of “Kookaburra,” Larrikin Music, reportedly asked for 60% royalties obtained from Down Under, which the Court found to be excessive, stating that the riff only appears in two bars of the song.  The Court seemed to disregard Men At Work’s argument that the copying was “unconscious.”

Oil from Gulf likely to reach South Florida waters study says

Friday, July 2nd, 2010

Oil from Gulf likely to reach South Florida waters study says – Sun Sentinel.