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Venture Concept

Opportunity Many people are unaware that there are funds  available  for them to claim waiting until they start a claim and get this money after foreclosure. For example, in one Sarasota county alone there is more than $2 million of dollars available to claim but for a limited time. After due date has passed, this money goes to the state and no one can claim them. The advantage in that business that municipality poorly inform people who are edible to get this money because for example they have moved to a different state or deceased and for the municipality it is hard to locate them or their heirs.  This is a unique opportunity that requires a lot of research and digging or resource to pay for the search services. Another huge opportunity is that I can work remotely with multiple different counties at one time and even different states.  Innovation This whole ...
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Figuring out Buyer Behavior No 2

Figuring out Buyer Behavior No.2 Report findings and Draw Conclusions:  Similar to the first buyer behavior assignment, I found 3 people and presented my idea, so I was able to get different opinions on how people viewed my idea. Although the concept I presented (Surplus funds recovery) is more service based. I asked them to suppose one of their property, or their close relative property, went through foreclosure sale and was sold to a third party. Imagining they moved forward with their lives and someone with my company reached out to them mentioning there are funds available to recover.  All 3 responders very sympathized the idea that someone can deal with claim process and professionally recover as much funds possible. However, when presenting the cost of service - 30% of funds recovered hold by my company, one respondent, Alex, started challenging me by asking why it was essential for him to cooperate with me in such deal. Ilona also asked why she should pick my pa...
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IDENTIFYING OPPORTUNITIES IN ECONOMIC AND REGULATORY TRENDS

Economic Trend:  Mortgage rates sink to lowest level in three months  Source:  https://www.washingtonpost.com/business/2020/01/23/mortgage-rates-sink-lowest-level-three-months/ I believe that this means that an opportunity exists because the 30-year fixed-rate average fell  significantly - to 3.6 percent with an average 0.8 points. (Points are fees paid to a lender equal to 1 percent of the loan amount and are in addition to the interest rate.) It was 3.65 percent a week ago and 4.45 percent a year ago. The 30-year fixed rate hasn’t been this low since October .  Low mortgage rates are tempting home buyers off the sidelines and into the market. New data shows that buyers didn’t wait until the new year to find their new home and instead were out in unexpected force last month. Existing-home sales grew 3.6 percent in December, its best pace in nearly two.  The prototypical customers would be mortgage homebuyers and homeowners, lenders?, investors who b...
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