Wednesday, April 30th, 2008
It’s a reality that thousands of Americans begin to see happening in their very own lives everyday.
Recent economic changes of drastic proportions have made those once sufficient amounts received from annuities and settlement payments less than desirable. Inflation, increased cost of living, rising debt, the largest hike in gas prices our country has ever seen all make the buying power and value of your settlement or annuity money shrink to unrecognizable amounts.
Originally the scheduled monthly, bi-annual, or even yearly payments seemed adequate or more than enough. Annuity and structured settlement payments were intended to help the victim of an injury, a person who aquired a disability, or even to supplement retirement income.
More over, foreclosures and mortgage delinquency have become an epidemic as a result of poor lending preactices, and brokers who farmed out sub-prime loans by the dozen to homeowners who could not afford or should have not received a loan.
American companies are reducing their human labor costs and quickly implemeting autonomic systems that help to fray the seemingly exhorbitant cost of operationg. Industry specilaists estimate that a corporation or business could effectivly reduce their overhead in human resources by more than 28% by eliminating personnel that are not absolutely necessary to day to day operations. This reduces not only the payroll costs for a struggling company, but eliminates the costly company contributions to benefits packages, and health plans typically provided to an employee.
An emergence of internet based and low cost electronic investment tools and software have turned even the most domestic housewife into stock savvy investors. At home on the computer individuals are learing that they can control their own investments and eliminate the middleman company.
Structured settlement, annuity, and lottery payment receipients are among the most fortunate in today’s society. A liquid asset such as this could provide the emergency funds needed to save a home from foreclosure, pay down or pay off credit card debt that is burying you further and further, medical expenses and care, or any other unforeseen costs that arise.
Selling settlement or selling annuity payments for a large lump sum of money can give a person the money they need now when they need it most.
Companies that will purchase your payments, like Woodbridge Investments or J.G. Wentworth,will give you an appraisal to let you know how large a lump sum your payments are worth, allowing you to decide which or how many payments you would like to sell.
Payments that are sold in the first 5 to 10 years are going to carry the most value and render the highest possible amount of money, while payments sold further in the schedule or years later will bring a much reduced offer.
Payments from structured settlements or annuities are not built to factor in the increased cost of living as the years go by, but the lump sum offer you receive from any company will definitely reflect the rate of inflation, and the lessened value and buying power of your dollar.
To get more information on how you can sell structured settlement or annuity paymen-ts and get a large cash sum now, call Woodbridge Investments today toll free 1-866-865-7044 or visit our website for an instant quote online or chat with a live reprentative at www.woodbridgeinvestments.com
** Your money is there for you, let Woodbridge investments help you realize your mony’s value to you today!**
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Tuesday, April 22nd, 2008
Selling structured settlement, annuity, or lottery payments to cover those common events in a person’s life that typically incur great cost
There are many different reasons people choose to cash in on payments from an annuity or a structured settlement. One common thread ties them all together. Need.
Need for a large amount of funds for something that is necessary, or life changing.
Let’s briefly bullet point some of the most common events in a person’s life that would typically incur great cost.
- A Wedding - For parents, being able to provide a wedding for their children is an opportunity to share a day in the life of family and friends together on a momentus occasion. Or, perhaps you would love to have an opportunity to pay for your own upcoming nuptials. Even an intimate and small wedding can run into a few thousand dollars.
- College Tuition - The gift of an education is a dream for many to either be able to give or to receive.
- Vehicle Purchase - Transportation is a must. Whether you are in the city or suburbia, chances are you live, or work, or have family that you would like to, or in times of need, be able to get to. The only way to ensure you can get there when you need to is a set of wheels. Average purchase price of a small mid grade sedan 14K.Vehicle repair expenses, towing charges, frustration at an older less reliable vehicle can often be remedied with a trusted mode of transport like a new or newer car.
- Home Repair or Renovation - You’ve outgrown your home but don’t want to leave. You might have thought about adding on to your existing home, or you may be in need of more room. Is the roof leaking and in need of repair? Is it time for that pool? Home renovations or additions can easily escalate into the 10’s of thousands.
- Buy a new or first time home - Homeownership is a life ling dream that can become reality for those who are able to save up a substantial down payment and have credit to qualify for a loan. What if you can get the loan, but don’t quite have the downpaymnet? You may even want to increase your existing payment samount to reduce your monthly mortgage. With a traditional 20% of total purchase price down payment you can expect to have funds based on a $120,000.00 home to loom around 20k - 30K.
- Funeral Expenses - The loss of a loved one is always a difficult time to go through without having to worry about borrowing money to pay expenses for services, and internment. Many families who did not have life insurance are suddenyl faced with the daunting and uncomfortable task of finding a way to pay for even the basic needs of a burial.
- Dream Vacation - Whether its a family getaway, retirement, or a honeymoon you will want to make sure that you are able to enjoy each and every day to the fullest without having to worry about having enugh money with you when you travel.
- Personal Improvement - Surgical procedures such as those that would be medically beneficial. Plastic and cosmetic surgery to correct a flaw that interfers with life’s daily activities, or possibly restorative surgery for post cancer victims, injuries as a result of an accident or someone elses negligence are not always covered by health insurance, and can easily drain a families savings, or home equity if a loan or second mortgage is obtained to provide for these.
We have reviewed some of the most frequently occuring situations that will almost always require a large amount of funds readily available.
Receipients of structured settlements, annuities, and lottery payments can choose to sell all or some of their future payments for a large lump sum of money to a company like Woodbridge Investments or J.G. Wentworth to pay for these things without incurring costly and expensive credit card debt or high interest rate loans.
When you are collecting payments on an annuity or if you have been awarded a settlement from a lawsuit or accident, you can choose to continue to receive periodic payments, or get a lump sum for all or some of them.
Tapping into your settlement or annuity for cash now!
- Step 1Decide what your financial needs or goals are presently and in the near and long term. Once you have evaluated your own unique financial situation you will then determine the amount of money you are going to need to achieve the goals you have set.
- Step 2You will need to obtain a quote from a company, such as Woodbridge Investments or J.G. Wentworth, that will purchase your future payments. The quote may also be referred to as an appraisal. Your quote aka as appraisal will be calculated based on several other factor you may not be aware of such as inflation, interest caps, discounting, and TVM.
What is TVM?
TVM is the Time Value of Money. A dollar today will not be worth as much as a dollar in 10 or even 5 years.
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