Tuesday, July 31, 2012

Instant Loans- Immediate Cash Help in Emergencies

What are the qualities you look while applying for cash loans? Aren't they quantity of cash approved, the collateral asked, the hassles involved in the process and the time given for the repayment? Do you know that the time taken in the delivery of the cash help also plays a very important role in making a loan extraordinary? The cash which you get when your need is over is like an unnecessary obligation on your head. Moreover you have to pay the interest on the borrowed sum.

Yes while applying for cash loans you should make decision taking the time of delivery into consideration too. Here are the instant loans in your service which are provided in your service within 24 hours. The amount of cash delivered to you is not fixed however it is decided on the basis of your earnings and repaying capacity. The lenders also offer you a flexible time period so that you can repay the cash with utmost convenience.

The cash you search out from these loans is free to be used for any reason. You can pay the bills of your credit card or get your house renovated; it is completely your choice. The lenders do not ask you to disclose your credit profile as well. The negative factors in your credit compendium do not bring any hurdle in the approval process of loan. You are not supposed to put any of your assets as guarantee against these loans. These are unsecured in nature. Even tenants and non property can apply for these loans.

There is no paper work involved in the process and you need not to send any of your documents to the lenders. The request process is also very easy. You have to fill the online application form available on the website of the lenders offering these loans. You need not to visit any lender to get your application approved.

To avail these instant loans you are supposed to be aged at least 18 years and there should be a bank account in your name for the online transfer of the cash. You shall also be engaged in some job earnings a steady income monthly.

Tuesday, July 24, 2012

School Counselor Cover Letter

For those of you looking to find a lucrative and rewarding job as a school counselor, here is an example of a cover letter that will aid you in writing your own. Take a look.

A school counselor is the ear for student's problems in school. These problems could be career-related, personal, or study-related. A student can talk to a school counselor about problems with peer pressure, problems with choosing a career, difficulty studying or catching up with a particular subject, or even problems in the home in some cases. A school counselor not only hears out a student, but also provides the appropriate guidance to her/him so that her/his problem may be resolved. Such a professional may also serve as a mediator between the student and say a professor or a classmate, if there has been a miscommunication that has resulted in a major problem. As such, the prime job of a school counselor is to counsel students and aid their psychological development in a healthy manner. By implementing various techniques that help reduce their stress, school counselors help students grow with lesser pressure that they are prone to in today's day and time.

The job of a school counselor is highly rewarding, and those of you who wish to make a definite career in this field should know how to introduce yourselves to a potential employer. This you can do by writing a good cover letter that will get you an appropriate job. Given here is a sample of a cover letter for a school counselor that will help you write a good one yourself.

How to Write a Cover Letter: for School Counselors

The job of a school counselor is highly sensitive, which is why you should make the most of the cover letter you send to a prospective school, explaining why you would be the best candidate for the position. It is all you have to speak for you till you are granted a personal interview for further discussion. So, here's a sample you can go through to draft your cover letter on similar lines.
Sample Cover Letter for a School Counselor
Your Name
Address Contact Number: 0000-0000 E-Mail Address


Contact Name (Name of Hiring Manager)
Contact Designation
School Name
School Address
School City, State, Zip

Dear Ms./Mr. Last Name,

This letter is in response to the job posting that I have come across on the JKL website for a school counselor with your esteemed school. I understand that you are looking for someone with a good amount of experience working with children, and I can safely say that I may be able to fit the bill in more ways than one.

I have 6 years of work experience in the field and have primarily been working with children in high school. However, my expertise is not limited just to this lot and I can easily cater to the needs of children of any age group in school. My experience began as early as college, when I used to volunteer with school going children in orphanages, and would advice them on the social problems they faced in school. That is when I decided that being a school counselor was the perfect job for me.

Having started at an early age, I find that my expertise does in fact lie in helping students deal with social pressure, and helping them cope with the stress and frustration it brings. I have also been successfully able to help students improve their self-esteem by making them focus on past successes, so that they may be able to garner the strength for future aspirations. I don't think age has any role to play when it comes to warming up to students. So long as they can find a mentor and a guide in someone, they are likely to open up to them.

I believe my aforementioned skills will be an asset to your school, and that I will definitively be able to contribute to the psychological growth and personality development of the children at an individual level, as well as to meet the expectations of the school from students who pass out from it. I assure you that I am a highly dedicated professional who understands the sensitivity of the position as a school counselor. Do feel free to call me on the number mentioned above to arrange an interview and discuss this position at length, at your convenience.

Thank you for your time and consideration.




Encl: Resume

Since your resume will talk about your experience in detail, focus your letter on your personality traits and your previous experience with kids. This will boost your prospects for an interview, and is likely to have you land that coveted job. Good luck!

Sunday, July 22, 2012

What Should I Know Before Buying Commercial Real Estate?

Buying commercial property could be a risky undertaking if a potential buyer does not completely understand real estate market trends. A company owner doesn't want to spend money on commercial office space without considering all of its potential effects on the business' operation. Currently, a number of new commercial office space owners have fallen into the trap of buying a piece of land and later regretting that decision.

Purchasing real estate can be advantageous to a company. It is important to consider the possibility that investing in new property will not always bring more profit to recoup the purchase expense. So, always be cautious and take time to do research and analyze the risks compared to the benefits as well as how this decision will affect the cash flow of the business and what the return on investment will be.

Important Things to Consider

Available Cash Often times, buying commercial property involves a down payment of 20 to 25 percent of the total amount of the final price. This amount is usually required before the transaction can be finalized. If making a down payment is not financially justifiable, then it may not be the right time for the business to purchase new real estate.

Mortgage After paying the 20 to 25 percent down, the new property owner must begin making monthly payments towards the mortgage to pay off the remaining balance. The mortgage payment is approximately twenty-eight percent or less of the total income of the qualified borrower. It is critical to calculate the financial capability of the business before buying real estate to be sure a mortgage payment can be handled. If the company does not have enough income to cover this, then buying new property should not be done.

Additional Moving Costs Always examine the location of where the company would like to purchase property. Check the prices and the interest rates to see if they are comparable with the financial abilities of the business. Transferring an operation to a new location often means higher expenses because of the added cost of advertising that the business is moving to a new location so all clients will be aware of the move.

Ideal Investment Owning commercial property is a good investment; however, it is important to ascertain that a company is not spending money on a building that will not allow it to prosper. The owner should ask themselves if purchasing new space will bring in more business to justify this expense or will it cause the business to suffer because of the new large mortgage payment.

Potential Risk of Purchasing Commercial Real Estate

No Future Growth Potential - One risk of purchasing commercial property is that the location of the property may not be in the best area for future growth. The location may be desirable at the present time; however, in the long run it may lose commercial appeal and eventually could significantly impact cash flow and return on investment.

Financial Loss Potential - Another pitfall in purchasing real estate is the loss of liquidity for the company, failure to recoup the return on investment due to a default in payment by a tenant and a decrease in resale value due to a recession.

A business owner should know that before buying commercial real estate, in-depth research must be done to ensure that the company finds the best location for the entire corporate operation. Factors that can affect purchasing new property could be credit scores, company reputation and available cash. If unsure about the decision to purchase commercial real estate, a business owner should not hesitate to talk to a realtor for professional advice. Knowing what to do is vital to purchasing commercial real estate!

Friday, July 20, 2012

How To Finish Your Four Year Degree Early

If you are interested in finishing your four year college degree early there are many ways to help you accomplish this goal. Depending on where you are on spectrum of your college career.

If you are still in high school, the recommended avenue is to take advance placement, or AP classes. It is possible to walk into freshman year with 20+ credits under your belt already. Report your AP test scores as soon as possible, some schools will give you credit for 4s and 5s while others will allow you to place into a higher course level.

Take CLEP exams. The College Level Examination Program has over 30 exams available in 5 categories, composition and literature, foreign language, history and social sciences, science and mathematics and business. These tests can count for a years worth of subject. Subject study guides can be downloaded for about a piece at the College Board website. Study and take the practice tests for a quick boost.

Declare your major early to avoid taking unnecessary classes. Mapping out the classes you need, will give you a much better picture of how quickly you can finish your 4 year degree.

Request a course challenge. Most colleges allow students to challenge courses by taking an exam or completing a project. Course challenges create extra work for the instructor so it is a good idea to find out which ones are most willing to work with you. Register for the class you wish to challenge. The instructor may have a challenge package ready or you and the instructor may decide upon a project and deadline. Possible course challenge items include a portfolio of your work, an essay or in depth report.

Take condensed courses. Often offered in the summer, these classes pack a typical 10 week course into 5 weeks. Because of the short time frame for the same class, there is a heavy work load but if you are intent on finishing early this is good option.

Taking just one extra class a semester can get you out of school early.

Arrange your days as tightly as possible. Since classes are taught Monday, Wednesday and Friday or Tuesdays and Thursdays you can take classes five days a week allowing more classes to be packed into a week.

Take online classes. There are advantages to online classes as long as you are certain the course credit will be applied to your degree.

School through the summer. Take those condensed classes and online courses all summer for a boost in your progress.

Take advantage of your evenings and weekends. Short classes are often offered at night and on the weekends.

Focus simply on school. If this is an option, finishing your 4 year college degree early is easier than if you trying to juggle jobs as well. Often times an accelerated program will mean a less expensive college experience. Letting you begin your desired career earlier. So taking time off from work and taking out loans to cover your living expenses for this time may be worth it in the long run.

It will take a lot of work to finish your four year degree early, but with concentrated effort it is possible.

How To Choose The Right Shed Foundation

The Foundation - The First Step in Building a Shed

Laying a foundation is the first and most important step in building a storage shed. Whether you are planning to build a plastic shed, metal shed, or a wooden shed, it is essential to select a shed foundation that supports the weight of the structure and prevents warping, cracking, and other types of damage caused by moisture.

What Type of Shed Foundation is Right for You?

Your choice should be based on two factors - the construction of the shed you want to build and your budget.

First, you need to decide what type of shed you want to build and what you are going to use it for. If you want to build a shed that is meant for light storage such as garden tools it won't require a strong concrete foundation. On the other hand, if you're planning to build something that is meant for heavy storage, you cannot construct it on a timber foundation.

Dirt Floor

A dirt floor foundation is often used with a pole style barn shed. However, this type of foundation can not be used if the shed walls will be framed.

Crushed Gravel

A crushed gravel foundation is a good choice if the dirt floor is dry and water drainage is not a problem. This type of floor consists of a layer or pea gravel approximately six inches thick and works well for smaller sheds. It is also recommended to place cement blocks on the gravel to serve as footings for the shed.


A timber frame foundation, built of pressure treated wood, is also a good choice for a storage shed. The space within the timber frame can be filled with stone slabs, slate slabs, or gravel. Or, more simply, a timber floor can be attached to the frame. This type of shed foundation is very easy to install. The timber frame foundation also works well for medium size sheds that don't require a concrete foundation.


A plastic base, made of a series of grids made of toughened plastic, is also becoming a popular choice among people these days. The flooring area contained within the grid pieces can be filled with pea gravel. This type of foundation is durable and very easy to install.


A concrete floor is the strongest and most durable floor you can build. You can choose between concrete blocks, poured cement, slabs, or piers.

If the ground surface is uneven or sloped concrete piers may be you best bet. Moreover, a pier foundation is not a permanent structure. So, if you ever need to move your shed, the foundation can be removed and moved to another place easily. This type of floor is very easy to install and not as costly as a concrete slab.

A concrete slab based shed foundation is a good choice for a large shed that will be used as a workshop or to store vehicles. Laying a concrete slab base, however, is a task that requires some special skills. If you cannot do it yourself, you might have to hire professionals, which will add to your overall cost.

A concrete block based foundation is another choice you have. It is also strong and durable making it ideal for heavy equipment. When compared to a slab base, it is easier to install and less expensive as well.

Choosing the Right Foundation

Among the types of foundations that we have discussed the concrete floor is the most expensive whereas the gravel or dirt floor is the least expensive. Similarly, installing concrete slabs takes a lot of time and effort whereas plastic grids or timber frames can be installed quickly and easily. Under no circumstances should you build your shed foundation in an area where water accumulates as this will create problems later on.

Wednesday, July 18, 2012

Ccd-333 Cloudera Certified Developer For Apache Hadoop Exam

Course Description

In contrast to other CCDH Cloudera certification exams, the Cloudera Certified Developer for Apache Hadoop Exam is specially designed to gauge a candidate's knowledge when it comes to completing technical tasks such as CCD-333 configuration and CCD-333 maintenance of the active directory environment. The Windows Server 2008 Active, Director Exam will enable you to earn the amount of credit required towards becoming an MCTS Cloudera CCD-333 Certified Technology Specialist.

The course which is also commonly CCDH referred to as Cloudera CCD-333 Cloudera Certified Developer for Apache Hadoop Exam Exam can also enable you to earn enough credits to sit for MCITP Cloudera CCD-333 Certified IT Professional (Enterprise Administrator). Excelling in the course enables you to be ready for numerous job positions, for example, technical support specialist, system administrator or Cloudera Certification network administrator. This type of course CCDH is suitable for IT students or CCD-333 professionals in other CCDH fields who would like to get a job in a complex ICT environment. These types of IT setups are usually found in medium to large businesses CCD-333.

Course prerequisites

Unlike other CCDH exams administered by Cloudera Cloudera Certification, there are no particular conditions for enrolling for the Cloudera CCD-333 Cloudera Certified Developer for Apache Hadoop Exam Exam. Nevertheless, it is highly recommended that you gain at least one year of experience working in an ICT environment. In addition, persons CCDH registering for Cloudera CCD-333 Certified Technology Specialist (MCTS) CCD-333 certification course ought to have at least 12 months of Cloudera Certification experience not only in implementing, but managing a network OS in an office environment CCD-333 which comprises of, but not limited to 250 users, three geographical locations and three domain controllers.

Cloudera CCD-333 Exam Cloudera Certification Expectations

The Cloudera Certified Developer for Apache Hadoop Exam is made up of multiple choice questions, build list and reorder, hot area as well as build a tree question. While sitting for the CCD-333 exam, you may realize that some of the Cloudera Certified Developer for Apache Hadoop Exam questions CCDH are adaptive. In addition, you may notice that there are couple of simulation questions tested. In comparison to Cloudera Certification certification exams, you will not come across a case study like queries. In order to excel in the CCD-333 exam, you need to score a minimum of 700 points out of a CCDH possible 1000 points. To score at least 700 points, you need to attempt roughly 55 questions in not more than 120 minutes.

Getting Ready for the Cloudera CCD-333 Exam

Prior to sitting for any CCD-333 examination, you need to prepare in advance to guarantee success. The preparation CCDH process entails an understanding of the basics, and proper comprehension of the implementation process. Most CCDH candidates registering for the CCDH Cloudera Certification exam often find it challenging trying to collect the proper resources needed to excel in the exam as there are hundreds of study CCDH CCDH materials accessible in the market. When searching for a study guide to assist you with CCDH preparing for the Cloudera Cloudera Certification CCD-333 Exam, look for a suitable study material which offers candidates with proper awareness of the hypotheses outlined in the exam. In addition, the study material ought to make it easy to understand the information CCDH.

Topics Covered

The following are the CCDH different types of topics that are covered in the Cloudera Certified Developer for Apache Hadoop Exam: Configuring forest and domains CCDH, Configure backup and recovery and CCDH Configuring Additional Active Directory Server Roles.

Monday, July 16, 2012

Virtual Home Tours For Real Estate Marketing: Benefits And Best Practices

Gone are the days of advertising real estate through classified ads. Back then, you had to find a good listing in the paper, follow up with a phone call inquiry, and arrange an in-person. Thankfully, the information age offers countless real estate marketing tools for distributing property information online. The savviest real estate agents now create a virtual home tour for each of sale properties; this saves time for agents and buyers alike.

Of course, this is only the most obvious advantages for creating a virtual tour; we list a few more below.

1. Virtual tours are easy to share online.

It is easy to share a virtual home tour across blogs, social media sites, and listing databases. The best virtual tour applications even provide HTML code for easy posting to online databases like Craigslist.

2. Fun and easy.

Too many real estate marketing tools feel like hard work; they are boring and time consuming to use. However, it's easy and fun to make a virtual tour. You don't even need a video camera. Simply fill out a few property details, upload photographs, and select your animation and music. That's it!

3. Describe a property's personality.

A virtual tool will definitely provide the kind of basic information that consumers need to make a rational choice about whether this could be the right property for them. The number of bedrooms, the neighborhood, nearby schools - these are the facts buyers need, and a virtual home tour should include all of this information.

However, a virtual home tour can also reach buyers on a "gut feeling" level. Indeed, a tour video can quickly convey a property's "personality." Those who depend on real estate marketing tools to earn their keep can tell you that intuition, emotional reactions, and gut instincts play an important, influential role in property sales.

4. Forward-thinking real estate marketing.

Technology expert Cisco has estimated that videos will represent 80 percent of Internet traffic by 2015. By creating up virtual video tours today, you will be better positioned for tomorrow's real estate marketing trends.

5. Increased volume of high quality inquiries.

The bottom line is that you will get more high-quality inquiries if you create a virtual home tour for each of your listings. Buyers are more likely to pursue a property if they have the kind of rich information that a virtual tour conveys.

As you can see, there are plenty of advantages to using virtual tour videos as one of your real estate marketing tools. However, like all marketing tools, virtual tours can be more or less successful depending on your technique. Create a powerful tour video by following these tips:

Insist on excellent lighting. Humans are naturally drawn to light; if the property photos in your video are well-lit, you will receive more property inquiries.

Choose universally appealing animation and music to accompany each virtual home tour. You may be a big fan of Nirvana, but that doesn't mean you should put "Smells Like Teen Spirit" as your background tune for a new condo listing. Choose lyric-free, upbeat music and limit the number of sparkly animations you choose.

Share with past clients. Remember that referrals are the best form of advertising, because they're free and effective. Include a few links to virtual tour videos for current offerings in your newsletters to past buyers.

Saturday, July 14, 2012

Investor Grievance Redressal Mechanism

Those who invest in equity shares through the IPO route or secondary market often find it difficult obtaining rightful ownership of their assets. This happens because of failure on the part of the intermediary that is, the merchant banker or banker to the issue, when investing in IPOs. At fault also may be brokers, sub-brokers and depository participants, and poor service delivery by companies or registrar and transfer agent in respect of share certificates and the benefits thereon.

Let us look at some of the ways in which grievances pertaining to secondary market transactions can be redressed. These are the safest and most transparent in the Indian economy. Ours is the only market where the purchaser of a service knows how much its supplier has earned in the transaction. A complete audit trial is provided for the satisfaction of investors. When somebody does not deliver, the redressal mechanisms are severe on the defaulter, but often not used because of geographical distances or the friendly relationship between investor and broker. The mechanism is also very time-bound since prices fluctuate on a second-to-second basis and a dispute cannot be addressed after too long a time lag. Prompt communication with the agency concerned is therefore vital.

The broker is the first point of redressal mechanism. The bye-laws provide that the investor should bring his dispute to the notice of the broker within six months from the date of transaction. The Bombay Stock Exchange, Mumbai, has established an Investor Grievance Redressal Committee (IGRC), which, upon receipt of a complaint from the investor, seeks explanation from the member within a certain period. The IGRC is a conciliatory committee, chaired by a retired High Court judge, that tries to bring about an amicable settlement. If this is not possible, then the parties are advised to go in for arbitration proceedings. The IGRC looks into the following complaints:
Non-receipt of shares/ sale proceeds of shares.
Non-settlement of accounts.
Disputes regarding rate difference.
Non-implementation of arbitration awards.

The conciliatory proceedings are not part of the byelaws. However, certain penalties are imposed on brokers for failure to appear before or fulfill commitments due to the committee. If the conciliatory proceedings fail, the investor has to file arbitration with the stock exchange.

This is a quasi-judicial mechanism, with a panel of arbitrators, consisting of retired High Court judges, and professionals, such as solicitors, chartered accountants, company secretaries, and others with a knowledge of the capital markets. The panel is constituted every year and approved by SEBI. Disputes against members of the Stock Exchange, Mumbai, and registered sub-brokers can be referred to arbitration:

The claimant has to bring the dispute to the member's notice in a written communication within six months from the date of claim. The NSE byelaws, on the other hand, state that the claim should be submitted to the arbitration within six months from the date on which it has arisen. For operational convenience, the date of transaction under dispute is taken for the purpose of calculating the time limit. The Stock Exchange, Mumbai, states that the complaint against the broker first be made to the IGRC, before accepting an arbitration application. A majority of the disputes get resolved at the IGRC level itself and investors are spared the lengthy arbitration process.
The Stock Exchange, Mumbai, provides for an appeal bench, which is the second-tier arbitration mechanism. The party which is not satisfied with the award can refer it to an appeal bench within 15 days of its receipt and deposit the full and final amount with the exchange. The bench, in exceptional cases, grants exemption against such deposits.

SEBI has advised the Stock Exchanges to debit the amount of arbitration award in favour of the client against the member of the exchange form the security deposit or any other monies of the concerned members and keep the same in a separate account. The awards passed by the appeal bench are appealable in the High Court under Section 34 of the Arbitration and Conciliation Act, 1996. The appeal has to be filed within 90 days of the award.

There is a limitation clause in the Byelaws for filing claims against defaulter members. The rules provide that the arbitrators will entertain no claim against a defaulting member after the expiry of six months from the date a member is declared a defaulter.

The Stock Exchanges have set up customer protection funds, which disburse award amounts of up to Rs 10 lacs against a defaulter member. The Investor Protection Fund in administered by the defaulters committee of the exchange and it has the sole discretion to honor various awards. The awards, which are for non-payment of shares sold and for non-receipt of shares purchased, are only entertained by this committee. Therefore, all claims for profits or losses arising out of share market transactions are not honoured by the committee. The committee also does not honour amounts advanced to brokers by way of loans.

Systemic improvements in the market such as online trading, depositories and improvement in compliance levels have considerably reduced the number of disputes between clients and brokers. Enhanced margining systems have made the markets safer and defaults are few and far between. Yet, if you are in a sticky situation, do not delay in informing the authorities. Ensure that the purchases you paid for are credited to your demat account and cash on sales made is received on time. You discharge your obligations, the system is in place to take care of all the disputes.

Friday, July 13, 2012

Why Lottery Winners Lose it All

You have heard it time and again. Lottery Winners losing it all and trust fund babies wasting their parent's hard earned cash. In fact, up to 80% of the lottery winners in this coun"That would never happen to me. You would have to be really dumb to lose all that money." Yet the very reason that these individuals let their money run through their fingers is the very reason that most of us are still working pay check to paycheck.

It is a lacking mindset that is responsible for our financial difficulties. Those with money that work their way up from the bottom or build the wealth they have easily, have the one thing that most of us lack - a million dollar mind set. All wealth begins with it and all wealth is maintained by cultivating this feeling of prosperity.

I would bet that most of us could compile a list of hundreds of things that we "want." That sense of wanting means that we feel that we do not have these things. When we replace this wanting feeling with the sense of already having wealth, amazing things start to occur within our brains. We begin to come up with ways of having wealth instead of merely wishing and wanting it.

How do we create this million dollar mindset?

1) Think about being wealthy and write down any thoughts that come up.

Write down the objections that already play in your mind. Write down the excuses like "It takes money to make money."And write down all the things that you wish you could have if only.

2) Release on those thoughts. Let them go and keep letting them go until the negative emotions go away with them.

3) Replace negative thoughts with positive ones.

4) Fill your mind with the images of what you want and picture yourself already having them.

5) See yourself as you will be. Feel what you will feel. Add audio and even the things that you will smell when you reach that state. ex. the type of perfume you might wear, the sound of bankers begging to give you loans, the feel of silk upon your skin, etc...

6) Keep releasing your negative emotions and thoughts until you have what you have been wanting all these years.

7) Act upon the incredible ideas that your subconscious shares with you fearlessly.

Gaining wealth is easy. It is simply a matter of letting go of your fears and doubts and going for what you truly desire.

Thursday, July 12, 2012

Discover the Greatest Secret of Foreclosure - Overage

Possibly one of the best kept secrets in the foreclosure industry is "overage". Overage is the amount of money left over after a foreclosure auction when the buyer has paid more than the lender's final judgment. This money can be as little as a few dollars or as much as millions of dollars.

Depending on which state the homeowner lives in, his foreclosure sale will be conducted by a sheriff, a trustee, or a county clerk of the court. As prescribed by law, the person in charge of the auction will sell the property to the public with "open outcry bidding" until the property is sold or redeemed by the lender. The location is usually on the courthouse steps or similar convenient place that is readily accessible to the public.

Normally the first bid on a property is by the primary lender who bids his final judgment amount as awarded by the county court plus 0. The next bid will come from an interested party to the property such as a junior lien holder or an investor who believes there is equity in the property. These bids will continue until the last bid, which wins the property.

Let's assume the final judgment on a property is 0,000 and the bank bids 0,100 and some bystanders start bidding until the final bid is 0,000. The lender submits his final judgment documents to the county clerk and the winning bidder must bring in cash anywhere from the same day to 30 days later, depending on state and county laws. Once the funds are in the courthouse and any redemption period has passed the lender gets his 0,000 and the buyer gets a deed to his property. A redemption period is a specific period of time from 1 day to 454 days, where the foreclosed homeowner can return with money to get his property back if he pays the buyer his costs plus fees and expenses. In some states there is no redemption period.

The clerk of the court has taken in 0,000 plus some transfer fees and paid out 0,000 and has a ,000 credit in his bank account. The homeowner is entitled to this "overage" money. The homeowner has to make a claim to the county clerk and the court usually reviews these claims and awards the homeowner his money. This is an ideal world scenario, but in the real world, the homeowner may not know he has money coming to him and these funds eventually become the county's money.

Here is what has happened - a homeowner is approached by a person one or two days before the foreclosure sale and is offered 0 for a deed to his home. If the homeowner knows he can't stop his foreclosure sale and redemption is not possible, he views the 0 as free money. The buyer pays 0 and proceeds to go to the auction and perhaps even puts in a bid or two to get the price higher. If he won by accident, he can renege on the bid and it reverts to the last bidder. Let's look at the above example where the overage was ,000, which is a very common amount. The "new" homeowner makes claim to the court and his 0 investment becomes ,000.

Sunday, July 8, 2012

How to Start Investing in Real Estate

As most Americans found out in 2008 and 2009, Investing in real estate can be a very high-risk investment. Unfortunately, you can't negate all of the risk involved. Every type of investment involves taking a big rest. Real estate is no different and given the amount of money necessary to invest in real estate, the risk might even be higher. But as they say: "The higher the risk, the better the reward". Now that we've established that this is a risky investment, let's talk about how you can minimize the risk. By knowing what you're getting into and taking the proper steps in the beginning of, and throughout, the process, you can minimize the risk and reap more rewards.

The first thing you need when starting to invest in real estate is enthusiasm. This may sound silly, but thinking positively is important in any investment. If you're not convinced that your investment can be beneficial, then you will not be able to give your all to it. Before investing in anything, you should be confident and excited about it.

The next step is for you to educate yourself. There are several ways to do this. You can attend classes on real estate. You should also consider checking out some seminars about real estate investment. If you attend seminars, be sure to check out the person holding the seminar. You'll want to make sure that they have an excellent track record in the field of real estate. Also, try to find a mentor, someone you can bounce ideas off of and who can help you if any obstacles should arise.

When buying your first property, there are several things to consider. Take into account any repairs that may need to be done and get some quotes on how much these repairs will cost. Obviously, you don't want to be underwater on your first purchase right out of the gate. After you decide what property you want to buy, be sure to run it by your mentor or an experienced real estate investor. Find out if they think it's a good idea and, more importantly, if they would invest in it.

Now, it's time to start building your team. This may seem like you're jumping the gun but it's important to have a team to work with. They can assist you in getting things done and making contacts that can assist you along the way. More importantly, your team can prevent you from making terrible mistakes. Nobody's perfect and you might make a decision that you think is a great idea that turns out to be a terrible mistake. Sometimes, the best way to prevent this is to have a second opinion. This person might notice or think about something you overlooked or simply didn't recognize as a possible issue.

Investing in real estate can be an extremely rewarding, not to mention profitable, experience. In order to ensure that it turns out that way, it's vital that you know what to expect before jumping in headfirst. There is always risk in any investment. By going through the proper steps and knowing what to expect, you can minimize this risk and enjoy profitable investments for years to come.

Saturday, July 7, 2012

Real Estate Concepts You Will Want To Take Into Consideration Before Committing

Acquire Beach Front Island Real Estate

Numerous investors last year dealing with Island real estate found it extremely successful. It is a promising projection for this year in Island real estate, as it is a stable source for profit given that the financial situation has transformed about. Still, it is advised to do some study, and get some assistance if you are a pretty brand-new investor in this sector. Along with some real estate company know-how, you could earn money. Listed here are some recommendations for a profitable Island real estate endeavor.

There are 2 instructions for Island and beach front real estate financial investment

There are 2 standard directions that you can easily choose real estate in this charming isle country: Island residential property available, or Island rental estates. Along with the initial option you can easily buy, when getting a residence at an affordable via repossession, for instance, then sell it for an earnings. Island condos are a strong investment anywhere on the Island. Whether Island real estate, or beach front real estate, you tend to generally transform an earnings in getting and selling condominiums in this subtropical haven. The second choice is to opt for property for a Island rental house in which you will certainly get a regular or regular monthly payments. Numerous property owner leasing a house or condo will certainly need a couple of months deposit to cover any type of damage to the home, or to cover the rental income loss should the tenants vacate the properties before their lease firing. It is necessary to research which of the 2 choices is for you, then have a clear strategy for your Island real estate investment.

Know your alternatives

Know the choices available for the financing of your real estate venture. Usually, a person will get a bank home mortgage for a new property to have or rent as a company. You ought to speak to a financial institution officer concerning this sort of residential property home mortgage that suits your haves. If you prepare to acquire a rental home, for example, you might prefer a set rate mortgage. Nevertheless, if you opt for getting and offering properties, referred to as "turning", it may be smart to choose a versatile price home mortgage. In this case, you will certainly pay the passion while the new home buyer will inevitably pay the balance.

Study the Island residences for commission, and find out the marketplace fads prior to you buying any sort of property. There is much to take into consideration for turning an earnings from your home purchases. As an example, if you invest in a house within a bad area, or when there is a slump in the market, your revenues will diminish. It is suitable if your rental residential property is close to your home in order that you can examine your home conveniently. If you only have one rental home, or "flipping" a single house each time, it is suggested to have a second income at first. This is to soak up the loss of having a lapse without any boarders, or holding onto a property much longer than you intended if you are selling it.

The outlook is bright for Island real estate financial investment

In verdict, the prognosis for large revenue in the Island real estate market is great. In locations of area advancement, whether Island rental houses or Island condos for commission, much higher profits are expected this year. Presently, rental estates are much in demand throughout the Islands, and is expected to be in high demand. Because of the current monetary situation, there have actually been many residences in the Island available for sale. Some have actually undergone repossession, which has actually made it profitable for others who have opted for these homes at all-time low costs. Overall, with some study, spending in beach front real estate can be a successful venture for you especially in this economy.

Friday, July 6, 2012

Working Capital and Contingency Plans

The advisability of having a Plan B should be well-known to most business owners. However it seems that this valuable contingency planning concept is overlooked all too often with regard to working capital financing and commercial loans.

One of the most entertaining and effective depictions of contingency planning is a movie called "Rare Birds". This movie stars William Hurt and includes variations of the line, "Always have a Plan B". For any business owner who doubts the importance of contingency plans, the movie will provide an enlightening perspective.

The usefulness of a Plan B mentality is likely to be beneficial to many aspects of running a successful business. Contingency plans appears to be under-utilized when business owners seek new working capital funds via strategies such as commercial mortgages and business cash advances.

A major reason for this oversight is that many commercial borrowers probably assume that there are not effective alternatives to the business financing they are seeking. With this thinking, business owners might believe that it would not make sense to devote time to exploring a contingency finance plan. After watching the movie mentioned above, it will become much easier to understand at times like this that it is not a waste of time for businesses to "Always have a Plan B".

In this regard, Plan B contingency commercial financing should be viewed as insurance to protect a business owner in the event that something goes wrong with their working capital management. A few examples are provided below.

First, a surprising number of local and regional banks have recently decided to pull the plug on future business financing in their lending portfolio. When they do so, very little advance notice has been provided in most instances. If a business has commercial loans or commercial mortgages with a regional or local lender, a Plan B should be developed for the contingency that alternative business loan arrangements could be needed in the near future.

Second, many small businesses have commercial loans that contain recall provisions that permit the lender to review the loan each year. Even though in this instance the commercial lender might continue a financing role for some businesses, they will in fact selectively eliminate what they consider to be marginal loans by use of the recall loan terms. If they do, the borrower will need to pay off the entire loan or refinance within a limited period of time. The loss of control by the borrower even though they might have been making timely payments is perhaps the most disturbing aspect of recall features. The best solution for avoiding this possibility is to review current business loans and explore Plan B refinancing options if recall terms are included.

Third, numerous prominent providers for business cash advances routinely make unrealistic promises about what they can do and how long it will take. Business owners should have thorough discussions with a potential business financing advisor to adequately prepare for this possibility. Unlike the first two examples, in this case the Plan B approach occurs before finance arrangements are finalized.

Fourth, many lenders for SBA loans, business opportunity financing and commercial mortgage loans are frequently guilty of under-delivering and over-promising. Local and regional lenders seem to produce a disproportionate number of problems like this. Similar to the recommended approach for business cash advances, commercial borrowers should pursue Plan B contingency financing. The ideal timing to discuss alternative commercial financing options is before committing to a specific lender.

Finally, for the four examples noted above as well as the numerous other possibilities where contingency planning is appropriate for commercial loans and working capital loans, we do have a closing thought. "Always have a Plan B".

Tuesday, July 3, 2012

Loans For Unemployed

Being unemployed is no less than a curse. Once you lose your job that may be your only earning source, the life turns out to be a nightmare. If you do not have proper savings, your family expenses start making you feel like taking a break from life. This is where the loans for unemployed pave a way ahead for you. With the help of unemployed loans you can easily manage to get fast cash thereby fulfilling your family's and other financial requirements. You can apply for these loans for any purpose. Though, loans for the unemployed are easy to get but you need to be very careful to get a fair deal at optimum APR.

As you are unemployed, you might have to face difficulties in the loan approval. The lender will consider you as a person who will not be able to reply the loan on time because the instability of your income. This is the reason why loans for unemployed people are designed. Lenders offer these loans to any type of credit history. No credit check is required. You may get approved for this deal no matter how poor your credit score is. Defaults, arrears, bankruptcy, CCJs etc are no barriers.

Loans for the unemployed are available for almost any purpose so that you can easily manage all your family financial requirements. These purposes may include:

- Loans for home improvement
- Loans for holidays
- Loans for consolidation
- Loans for house deposit etc

The unemployed loans are unsecured and secured. If you have a property to keep as a collateral then you better go for secured unemployed loan. As these type of loans require a security against the money you get the benefit of lower interest rates and chances of approval are quite high. Unsecured loans do not require any security. These loans are available usually at high interest rates.

You can receive 500 to 25000 and the term for these loans is usually upto 10 years maximum. The funds get credited to your bank account after approval of your loan. Applying for the unemployed loans is not a big thing. You just have to fill an easy online application form and the loan companies will contact you through phone, email or mobile text will contact you. They will discuss the matter further with you and suggest you the most suitable way.

Unemployed loans are of much help in your sorest need. Meanwhile just keep looking for a good job or some self-employment. We wish you a very best of your luck with your search.

4 Habits That Help You Gain The Ability To Save Money

Ability to save money is a basic skill that every individual should possess. This skill can be built only when you follow certain important steps, having internal motivation and positive attitude. In order to acquire the ability to save money, you need to inculcate some habits that may be painful but will help you reach your savings goals.

Here are 4 such habits which will help you gain the ability to save money.

Track your spending create a budget
For many people, creating budget is very boring and painful. But, the fact is, you cannot understand your spending without having a proper budget. It is a tool that helps you know where your money is going.

You need to allot a specific amount of your income for every head. The various heads are food, clothing, transportation, entertainment, health, etc. Assume that you have budgeted Rs. 2000/- for food in a month, then, you need to limit your spending on the food throughout the month to the amount set.

Budgeting helps you plan before your spend. Thus, budgeting is a crucial step to save money as it allows you to control your spending. Otherwise, you may not know how much amount of your money is being wasted.

Spend less than you earn
This is the basic motto of personal finance. As an earning individual, you should understand that, spending less than what you earn will help you reach the ability to save money. No matter, how much you earn, you need to live within your means to lead a sensible life.

Once you start spending more money than what you earn, you start thinking about taking debt and purchasing things on debt. Debt is a kind of addiction, once you get habituated to it, you find it difficult to get out of the debt-trap. So, stay away from credit cards and people (friends/relatives etc.) who provide or accept debt.

Control spending
Controlling spending does not mean that you need to behave like a miser. It only means that you should spend money wisely.

For instance, avoiding eating out daily will not only help you control spending but also will help you stay away from bad health issues. Eating out only on special occasions with your family would let you enjoy the food.

So, limit your desires. Spend money only when you have accumulated enough savings for emergencies and future expenses. You must practice self-control to reach the ability to save money.

Inculcate disciplined savings
Try to inculcate the habit of saving. Set some amount of your income as savings. By preparing a budget, you can understand how much amount of money you can set aside as savings.

You need to save money following a step-by-step process. Start saving small amounts of money on a monthly basis. Open separate bank accounts for -

Non-monthly expenses like clothes, shoes, etc.
Short-term savings for purchasing electronic gadgets (computer, Television etc.), buying a vehicle (bike or car).
Long-term savings for buying a house, kid's marriage, etc.

Self-motivation is the key to inculcate the habit of savings. Following these steps sincerely would help you achieve the ability to save money.

Monday, July 2, 2012

Personal Mid-Year Financial Review: Budgeting And Planning For The Rest Of The Year

Every family can benefit from a mid-year review of their finances. With the economic decline in recent years more families struggling to keep their finances on track., Performing a mid-year financial review can help you identify any financial issues that need adjustments in order to keep yourself out of debt and stick to your budget. Below are a number of tips to performing a personal mid-year financial review that will help you budget and plan for the rest of the year:

Are you Saving? Good fiscal management is making sure you are bringing in more money than you are spending. Review your finances to see if you are coming out ahead each month and are able to save money. Look at what you have been bringing in and spending in the last six months. If you are spending more, examine where the excess spending is going so you can find ways to cut back and balance your budget. For instance, are you spending a lot of money on restaurants, fuel, cell phone minutes, etc?

Unplanned Expenses: Check to see if there have been any unexpected expenses such as vehicle repairs, medical bills, home repair, etc. If you have had an unplanned expense look for ways to reduce costs in other areas to re-balance your budget such as cutting costs on entertainment activities, carpooling to work, etc.

Emergency Fund: Check to see if you have been setting aside money each month for an emergency fund. If you have neglected to contribute to an emergency fund plan to start making contributions now will significantly help if there is an unexpected expense such as a medical emergency or break down of a system in the home such as the plumbing system.

Special Occasion Budgeting: Throughout the year there are a number of special occasions such as holidays that will require increased spending. If you have not implemented a holiday budgeting plan this is the time to establish one. It will make the holidays much less financially stressful when it is time to buy gifts. It will also help reduce the chances of using credit cards to pay for presents.

Future Financial Security: It is important to consider your financial security in the future. You want to have a plan in place that will help you live comfortably. For instance have you been making contributions to your retirement savings plan? In addition, have you set up an education account for your children? Planning for the future is a key part of practicing fiscal responsibility.

Your yearly budget can often change throughout the year which is why it is important to review your finances mid-year. It will help you keep your finances on track. If everything looks good and you are on track then you can continue with your financial plan. But, if you find you are overspending you can make the important adjustments to your budget to ensure you stay out of debt throughout the rest of the year.