Tuesday, December 25, 2012

Buying and Selling of Property in Korea

Property search in Korea is based on several important factors. In other words, Korean property search is based on the individual preferences as well as requirements of a buyer or a tenant. Discussed further in this article are some of the factors as well as the steps involved in the searching of a property in Korea.

Buying or Renting :
First of all, for property search in Korea, it must be determined whether the property is for buying or for rent. If you choose to buy, then it must be further evaluated whether it is for your accommodation purposes or to rent it out or sell it later for a higher price. In case, if you are planning to buy a property for investment purposes or to rent it, then you must choose a location in Korea that is already developed or with chances to develop. Likewise, when you are searching a property for rental purpose, then you should choose a housing or business space in such a location which is convenient as well as affordable to you.

Both buying and renting options have their own benefits and limitations. For instance, renting may be a great choice when you are planning to stay at a particular location for a short period or when you want to invest your fund in some other options such as share market. But, one of the prime limitations of staying in a rental space is that you cannot make any modification or change in your living space. On the other hand, when you buy a property, you can make almost any change in it, provided you comply with the requirements of local planning. In addition, in the case of renting, the tenant cannot enjoy any benefit as a result of the increase in the property value.

Source of Purchase :
Purchasing a property in Korea depends upon the financial situation of the buyer. Mostly, people lean on mortgages in order to invest in a property here. Since in most cases your house is kept as collateral in order to get loan, it must be kept in mind that your home is at risk and if you make any default in making the loan repayment, you may sometimes lose your property.

Capital Growth :
Another important factor that should be taken into consideration for property search as well as investment is capital growth. In most cases, properties appreciate in value by about 5% or 6% per year. However, this may differ from year to year as well as from regions to regions. This is also further affected by such factors as fluctuations in interest rates, political manipulations, and supply and demand factors.

Rental Yield :
If you are going to invest in a property in order to rent it out, it is important to take into consideration the rental yield of a particular property in Korea, prior to investing in it.

Now we will discuss some of the steps involved in the property search and investment. As the first step, it should be determined in which type of property you prefer to invest. For some it may be residential units in the form of single detached homes, apartments, or villas, while for some it may be commercial or industrial purposes.

There also a category of buyers interested in land investment. As mentioned earlier, the next step is to verify how you would finance for the property. A plethora of financial institutions have now come forward to provide you mortgages at best deals.

With a myriad of real estate firms, realtors, and other related service providers in the scenario, it is not all a tedious process to find a property of your choice in Korea.

Many of the real estate firms in Korea provide services in connection with both buying and renting. There are also some service providers that exclusively deal in vacation rentals as well as all other types of property rentals.

These types of firms handle all kinds of paper works with regard to the leasing, and allow both the owner and tenant to be free from the hassles of rental processes. Likewise, there are also certain firms that solely specialize in buying and selling of property in Korea. They carry out a range of services in connection with the buying and selling, and some even offers the services of expert attorneys to verify the documents of a particular real estate.

Sunday, December 23, 2012

Becoming A Millionaire From Your Basement

Millionaire from your basement.

Finally the secret to being a millionaire from your basement is out. In these financially trying times you can still be on your way to becoming a millionaire.

I found a way to becoming a millionaire in 24 months. I stumbled upon it by accident really. I was financially strapped and obviously was a little desperate, so I started reading a lot of finance books on how to make money in either a down or an up economy. Some were good and some were rubbish, they had titles like, the millionaire within you, release your inner millionaire, Finding your inner millionaire, Is there a millionaire in you? Finally I read books on the best way to financial freedom, written by respected finance authors like Robert Kiyosaki and Jacques Maglioli.

But my life changed when I stumbled across a man called Frank Black, who introduced me to the world of Penny shares.

Penny shares are the best way to build an empire worth millions by starting out with just a few Rands/Dollars in your bank account. Last year my investment portfolio made a 335% return in just 8 months; which means an investment of just million or R1 million would have turned into $ 3.35 million or R3.35 million in just 8 months.
Or even an initial investment of just 00 or R1000 could've made you ,350 or R3,350. I know it's hard to believe but it's true. I am on my way to becoming a millionaire thanks to this system.

A lot of millionaires have known about this secret for years but now through the work of Frank Black and his Red Hot Penny Shares company, this secret is also available to us as well.

The premise behind Penny shares is this, rather than buy expensive shares that will increase just a little bit over a short period of time, You buy very cheap shares say at R1.00 a share, when this goes up to R2.00 a share you are a little bit closer to becoming that millionaire, because your investment has doubled.

The best thing about Red Hot Penny Shares is that Frank Black does all the research for you, so you never have to pick losers. And he tells you when to sell a company that is failing to produce adequate financial returns for you, before it starts to fall apart.

But I told you that you can become a millionaire from your basement, so what you do is simply go to the Std bank online share trading website or forex.com. You register to use their trading software and you simply buy whatever frank Black tells you to buy. By using an online trading program you eliminate the high costs of using a broker.

For those of you outside of South Africa you can still access his Red Hot Penny shares issue for the US market as well. If you are in neither country you can still access his publication online and trade the potentially lucrative stocks in the south African market using forex.com

To access frank Black's Red Hot Penny shares issue go to fleetstreetpublications.com
Then you will be on your way to becoming a millionaire right in your basement.

Friday, December 21, 2012

Admission in VIT/SRM & MBBS/MBA - Top Engineering colleges

Career consultancy is India's leading education consultant specializing in career guidance offering a wide range of globally recognized courses which not only help in fetching top lucrative jobs in India but also help in getting professional jobs abroad. Our main focus is to transfigure the opinion that Indians have, when it comes to make the career decision and embryonic their professional lives.
We are sincerely devoted to make students aware about the latest trends in Career and Higher Education options. We also assist them by providing proper career guidance. We help students apply to colleges based on analysis of interested program, academic track record, test scores, financial ability & career options after completion of the intended course. We make the admission procedure a matter of convenience for students.
Career Consultancy provides you the most attractive career options in top most private Engineering / Medical / MBA colleges in India & Abroad through effective counseling!!
COURSES: - B-Tech / B.E, MBBS, BDS, MBA, BBA, LAW, MD, MS, MDS, Hotel Management etc.

Vellore Institute of Technology, Vellore (VIT)
We assist in Admission in VIT University, Vellore through management quota for all the courses offered by the university. Students with engineering aspirations look forward to admission to the prestigious VIT institute at Vellore. Vellore Institute of Technology provides students opportunity to pursuer high quality of engineering studies. Last date of issue of forms-29th Feb, 12 | VITEEE exam 21st April, 12 | Result-7th May, 12.

SRM-Chennai & Modi Nagar Campuses
Get direct Admission in SRM University, Chennai and Modinagar campus through management quota for an MBA for the session 2012 -2013. Contact ASAP for confirm admission as admissions are open and the process can be started from January 2012. Last date of issue of forms-31st March, 12 | Exam-6th May, 12 |Publication of Rank14th may, 12 |Counseling dates 12th -18th June,2012

Admission counseling with all top pvt medical colleges in
Medical Council of India (MCI) is in charge of the medical education of the nation. The organization is entrusted with the duty of inspecting and monitoring the institutions that offer medical education in India. The top medical colleges of India offer research, teaching and even patient care facilities. Maharashtra, Bangalore, UP, MP, Kolkata, Haryana, Karnataka& South India.
MBBS in Europe @ 9 lakhs only (Fees+Hostel+Food) MCI & WHO recognized college.

Admission counseling for all top MBA colleges
There are many Top MBA Colleges in India, which provides placements to students after completing their MBA course. Though most of the MBA colleges in India, promise to provide placements after education, but very few actually provide placements to its students. the placements also depend on the calibre and the performance of the student himself. Symbiosis, KJSOM, Alliance, ITM & Other top colleges.

Friday, December 14, 2012

Skilled Worker Category under Quebec Immigration Program



This is a great opportunity to file the applications for Immigration to Canada for those who are not qualifying under Federal Skilled Worker category.

Quebec's Skilled Worker program operates under a selection grid of criteria used to determine whether an applicant would be able to successfully settle and work in the province. Points are assigned to applicants and their spouses, if applicable, according to their level and field of education, work experience, age, previous experience in Quebec and language ability.

In order to be eligible to apply for immigration as a Quebec Skilled Worker, a pass mark of 50 points for single applicants and 57 points for applicants with accompanying spouses must be met.

For more information, please visit :

The process and qualifying grids are very complex.

Look at the list attached. If you have clients under these occupations we can file their application under Quebec Nominee Program. Following are the broad gist of the program :

1. The current time taken for Quebec Acceptance Letter is 4-8 months for Priority and 12-15 months for non-priority cases. The acceptance by Quebec means the issuance of Certificate of Selection by Quebec (CSQ).

2. Once this letter is obtained, then we have to apply to the Federal office for immigration papers. The Federal portion will take additional 4-5 months. There is never a refusal from Federal if the Quebec has issued the QAL, except if there is a security or medical issue.

3. We will take care of the complete process. The total time taken approx. 11-18 months.

4. If the Quebec Acceptance Letter is declined, then we have the option of appealing the decision. Which we shall do if required.

5. The Quebec Application fees are non-refundable.

6. The fees are as follows :

Principal applicant CA5/-
Each dependant CA2/-

7. The Quebec application fees are on top of the normal Federal application and landing fees. (i.e 0 + 0)

8. The landing in Canada will have to be done in Quebec Region only. The major city is Montreal. One of the nicest cities in the world. However, after landing they are free to move anywhere in Canada without restrictions.

Requirement for Qualification to apply under QPNP :

Associates will have to verify the list below and check if the principal applicant has Graduated or Mastered in one the list field.

1. The applicant should be minimum Graduate with three years of University or three year of Diploma after the 12th grade. To get sufficient points MASTERS are preferred.

2. The applicant should have the relevant experience which matches the field of study.

3. The age of Principal Applicant should not be more than 35 years (if more than 35, will lose points)

4. The age of spouse should not be more than 35 years (if more than 35, will lose points)

5. The spouse of the principal applicant should also be a graduate

6. The principal applicant should be proficient in any one language


7. IMPORTANT TO NOTE : In order to get enough points to qualify and to satisfy the visa officer on your true intentions to settle in Quebec, we insist that client completes DELF A2 level from Alliance Francaise, available in all countries and in major cities. Knowledge of French will also provide the interviewing officer to give full Adaptability points.

Thus, the knowledge of French becomes a mandatory factor.

8. The spouse of the Applicant should also be reasonably good in English or French, even though we do not require the proof.

9. If the applicant is good in English, we do not need the IELTS. The IELTS results will have to be submitted only of the visa officers demand.

10. We need the details on children - Number of Children, their ages.

Very Important : The work experience should be related to the educational qualifications.

Note :

There are two stages to Quebec Immigration Process. The first stage is selection by the Quebec Immigration Department. They issue the CSQ (Certificate of Selection by Quebec ).

The second stage is to apply with the federal department for the visa. We have to fill both the sets of application forms at the same time. All the supporting documents are required in the initial stage itself.

Below is the point system, selection grid. There are three parameters, and the candidate will have to qualify under all of them, viz. Employability, Preliminary and Total. The points are different for single and family.

For more information, please visit :

Q & A

Ans = Minimum work requirement is 1 year full time. But the points allotted will be lesser in one year and maximum in 5 years.

Q Is French Language Necessary for Principal Applicant ?
Ans = Yes, it is mandatory to know French. However, the knowledge of French is limited to Speaking and Listening only. The points depend on the level of French knowledge.

2-6 points for Beginners
7-12 points for Medium
13-16 points for Proficient

Q Will the interview be in French?
Ans = A choice will be given to the client to choose their language for interview. However, the main purpose of the interview is to check your speaking and understanding ability of French.

Ans = Full time is essential. Quebec is very strict in foreign education requirements compared to Federal.

Q - Is there any point system for this program or just need to full fill criteria? If yes than how points are awarded?
Ans = The points system are multi-parameters and very complex. It is too detailed for me to explain the mathematics. We use complex software to accurately calculate the points, which is based on many variables.

Q - Minimum English requirement in terms of IELTS result ?
Ans = English knowledge should be proficient. At least 6.5 average.

Q - What is the chance for single person to be qualify?
Ans = Single person may qualify, if Masters educated, a tleast 2-3 years of relevant work experience and proficient English and French at DELF A2 level..

Q - Limited time.. No any final date of ending program.
Ans = As any other program, the rules might change anytime depending on inflow of applications. So take advantage while the program is still there. They might remove the occupations from the list.

Below is the link which of education which will attract points under the Area of Training in QPNP. Those mentioned YES under Priority Treatment will get more points and the file will be treated under priority.

For more information, please visit :

Wednesday, December 12, 2012

Letting The Tables Go: The Perils Of Gambling Addiction

Gambling addiction is a major concern around the world, as more and more people are embracing the tables and cards as a means of stress relief. The emergence of online casinos has not helped curb the growing statistics of people becoming addicted to gambling. The availability of casino games and the allure of the easy money has the potential to rapidly go from stress relief to full-blown addiction. There are some that would argue that people with pathological gambling disorder are merely exceptionally greedy. Others, though, would argue that these people are suffering from a mental health disorder and need to be taken away from the tables and put into counseling as soon as possible. Currently, there appear to be no signs of either side achieving any sort of common ground or consensus. So while the debate rages on, people continue to become addicted to roulette, blackjack, and the slots.

Pathological gambling is basically differentiated from the norm by one simple factor. Addicts are in such an ill state of mental health that they are either incapable of seeing their problem or are simply ignoring the consequences of their actions. This can include everything from how much damage their next week-long session at the roulette table is going to cost them, to ignoring the threat of a spouse divorcing them if they don't stop. The problem has gotten to the point where the thrill of the action has taken control of the person's mind. There are some mental health experts that argue that gambling addicts are no longer in full control of their actions. While there is some evidence provided by the increase of certain chemicals in the nervous system during gambling, this is not considered adequate proof.

To some degree, another sign of pathological gambling comes in the form of separation anxiety. The addiction tends to get to a point where the addict cannot stop thinking about gambling. Scenarios are played out in the mind constantly, bordering on delusions. This preoccupation, when combined with the possibility of being withdrawn from a casino, can sometimes lead to separation anxiety. In some cases, the person exhibits symptoms similar to drug withdrawal if they are deprived of their gambling fix.

If data taken from counseling sessions with gambling addicts is to be considered, it is arguable than addicts also develop a tolerance for gambling. According to studies, the person's mental health adapts to the amounts being gambled such that the addict needs to bet more and more. This is similar to what happens to drug addicts and alcoholics. As the mind develops a tolerance for the regular amounts that the person bets, the mind develops a need to increase the bet spread to attain that same sense of euphoria. According to some reports, a person's mental health and finances can be put under serious strain if this behavior is left untreated for an extended period.

Arguably, a person may also develop a mild form of antisocial personality disorder if the gambling problem is left untreated. This occurs when the addiction has gotten to the point where the person has become desperate to cover up losses incurred through gambling. The person's mental health can warp into a state where the typical consideration for social norms and rules is discarded in favor of alleviating the person's perceived problems. While taking loans or money from relatives is the common means of doing this, there are some cases where it gets to the point where illegal activity is the only means of supporting the addiction.

Sunday, December 9, 2012

Business Loans Are Not Hard To Get

There has been a tremendous amount of talk in the media over the last few years about how small businesses cannot access business credit (loans, lines of credit, working capital advances or business credit cards).

In fact, several small business associations claim that 41 percent of small businesses cannot access business credit or business capital.

I say they are wrong. What they are actually saying is that they cannot access business credit on the terms they want or in the form they desire.

Clearly, getting a business loan in 2004 through early 2008 was a lot easier than it is now. But, what really happened was that business loan underwriting standards where drop or lessened allowing individuals and business owners, many of who should not have gotten credit in the first place, to obtain risky loans loans that were not repaid and could have never been repaid; very similar to what mortgage banks and mortgage brokers did with home loans.

They underwrote risky loans just to collect origination and processing fees then sold those loans off to investors (again collecting additional fees) holding no risk in the end. What this did was put a lot of unnecessary toxic business credit in the market loans that should not have ever been made.

Think about it this way. Let's say that on a scale of 1 to 10 based on a loan difficulty with 1 being the easiest option of obtaining a business loan. Prior to 2004 business loans had a number of about 5. They were not easy to get or hard to get. Banks just followed standard loan underwriting protocols. Thus, those who should get business loans did and those who shouldn't didn't. At that time, underwriting was based on costs of funds and risk of repayment.

But, when congress open the secondary market for these loans (just like they did for secondary home mortgage loans with Fannie and Freddie) banks realized that they could quickly collect underwriting fees then pass off those loans without assuming any risk. Based on this (just like with the housing market) they lowered their underwriting standards (why not as they had no risk it was all up side for them). Thus, the difficulty number for business loans dropped from 5 all the way to 1 (where anyone could get a business loan regardless if they qualified or not).

Therefore, for years, business owners were able to quickly and easily get business capital if they were willing to pay the bank's or lender's fees.

Now that the market collapsed, the difficulty number for business loans has once again returned to its normal position of 5 making them not easy or hard to get.

The 41 percent who claim that they cannot access business credit today are the ones who should not have gotten credit in the first place.

The bottom line is that business loans are not hard to get they were just really easy to get a few years ago and have now resorted back to where they should be on the difficulty scale.

To obtain a business loan today you must first understand why your business needs outside capital (it has to be for growth anything else is wasted money) and then understand how your business, as it stands, can leverage itself to obtain those funds there are as many ways to obtain business capital as there are request and each one is no harder than it should be.

Friday, December 7, 2012

Seize Additional Funds By Refinancing Your Mortgage

If you need financing and you can't resort to traditional means due to bad credit or you just would prefer to obtain more advantageous loan terms and not so high interest rates and payments as the ones offered by unsecured loans, you can always refinance your home mortgage with a cash out refinance loan and seize additional funds from your home equity.

Cash-out refinance home loans can provide you with additional funding by resorting to your available home equity. New home equity becomes available on a property guaranteeing a loan as the loan's payments get made or due to an increase on the property's value that enlarges the difference between the money owed and the market price of the asset.

How To Obtain Home Equity

Getting additional equity is not a quick process. And if you don't have available equity on your home already, there are no chances of obtaining a cash-out refinance home loan within a short period of time. Equity generates slowly and only on exceptional situations you can have a sudden increase on the amount of your available home equity. In any case, it won't ever happen from one day to another, as it takes at least months.

Equity generates basically by a reduction on the amount of debt secured by the property (which happens when you repay the mortgage loan month after month) or by an increase on the market price of the property. Since equity is defined as the difference between the value of the asset and the money owed and secured with it, if the property's market price rises, then the difference will augment and so will the available equity.

Advantages Of Home Equity

Cash out refinance loans seize your available equity and provide a good amount based on it. The rest of the money is used to repaying the previous loan and thus, you'll end up with a single monthly payment. These loans provide higher loan amounts than unsecured loans but the loan limit always depends on your available equity and your repayment capacity. Credit requirements have little to do with this though they may affect the resulting amount slightly.

Also, these loans provide lower interest rates than any other form of financing only matched by certain subsidized loans. But loans based on equity are the most inexpensive sources of funding on the whole loan market. This, added to the fact that the repayment programs are flexible enough to be extended up to 30 years, implies lower and more affordable monthly payments.

Getting Advantageous Terms On Your Cash Out Refinance Loan

If you want to obtain advantageous terms on your cash out refinance loan, you need to request different loan quotes from several lenders and compare the different offers you'll receive. Concentrate on the APRs but don't neglect other loan terms that are also important like the loan amount, the repayment schedule and the amount of the loan installments that will directly affect your monthly income. Once you are comfortable with an offer, just apply for that loan and wait to be contacted.

Tuesday, December 4, 2012

The Challenges Of Life Bring Out The Best In Young People

A story is told where a man comes across a butterfly struggling to get out of its chrysalis. Feeling sorry for the creature, the man decides to help. He cuts the chrysalis and sure enough the butterfly comes out easily. Surprisingly enough the butterfly us unable to fly; it is the struggle to leave the chrysalis that develops strength in the butterfly which would enable it to fly! Similarly, it is the challenges of life that brings out the best in young people and enables them to fly. This seems to be how life works.

When we look at successful people everywhere, we see that the most successful of them are people who have had to struggle. Many of them would have encountered many challenges before succeeding. One well known textile merchant, who now owns a chain of stores in Singapore and Malaysia, used to carry clothes items on his back and sell them from door to door when he was a young man. Another successful man, Dennis Wee the highest achiever in real estate sales in Singapore tells us in his book that he had to meet an overcome many challenges before arriving at where he is now.

Meeting challenges make the young person into a tough one when he overcomes those challenges that are presented to him. The challenges are often of the nature that he had never been prepared for. The sudden loss of his father when a young man was only 20, forced him to mature faster than an average 20 year old. He was forced to bring up a family. Bitter though he was that he had to sacrifice his youth, the young man took up the challenges and overcame them. Today his brothers and sisters are leading successful lives. All through his life, the man met many challenges, but because of the strength he had gathered when he was a young man, he overcame the challenges as if they were chaff.

Many times challenges do not appear to us before we keep away from them. It is for this purpose that there are so many adventure activities around us. It is fitting that young people part in activities that provide them with challenges, like rock climbing, sky diving, volunteer work and so on. Meeting and overcoming these challenges will make them tough and ready to face life when they are older. Just mugging and passing examinations will not prepare one for life. We must meet and overcome these challenges; for that is what life is all about. It is the young people of today who become the leaders of tomorrow.

For countries to continue too be successful, it is important that the young people learn to meet challenges and successfully overcome them. Though, it is human nature to cry out in despair at all the terrible things that happen to us, but if we look around we see that the most successful people in the world are those who had struggles to be successful, often standing against all odds. There is a lesson in the story of every successful man or woman alike!

Monday, December 3, 2012

Check out the special features of Maldives

Did you begin getting yourself ready this year's vacation yet? We now have an intriguing all inclusive vacation vacation spot we would like to let you know about - the Maldives.

Maldives consists of coral islands within the Indian Ocean. They're in reality widely known as portion of Southern Asia. A good number of Maldivians are part of Sunni Muslim group. You are probably asking yourself if you ever could possibly try to eat pork or take a sip of cocktail. Yes, you could. In the event you check out an all inclusive getaway, everything should go generally there. The climate inside Maldives is hawaiian so that you can pack your scanty bikinis and produce some of your favorite summer clothing. The heat range in the area is usually about 30 C. Any time you're going there, summer months will probably await everyone.
There is no need to be concerned about your visa agreements because just about every traveler turns into a Thirty day visa on arrival within the Maldives given that they have a ticket home along with hotel preparations. Right here is a humorous fact in regards to the island destinations. Once you abandon the nation, don't get fine sand or shells through the Maldivian beaches. This is strictly not allowed. The main city of the Maldives is Male and you will be likely to land there upon arrival. As soon as you make it, there are Three settings regarding transportation which include boat, planes (otherwise known as air taxi) and personal vessels.

The Maldives are well-known for their scuba diving. The clarity of the water is excellent and you will observe innumerable unique sea creatures marine. Some people would prefer to hire lifeboats. Alongside its sea shorelines are miles of coral formations. This particular presents a great opportunity for the diver to completely go through the appeal of the water. A good time to make this happen is from January to April because the sea is peaceful. Each of the charges in the Maldives will be in US cash and you can often fork out along with your plastic card so you don't need to stress about foreign currency. When you find yourself within the Maldives, you may enjoy their particular fish and shellfish which usually comprises primarily of tuna meals. If you like spicy food, you are going to enjoy the Maldivian delicacies.

The criminal offenses fee from the Maldives is incredibly low so that you can wander around while not having to stress about your wellbeing. Don't just take in in the water filters. You can ask the location office manager if you're able to drink water. This will help to you stay clear of any health-related difficulties. The Maldives is often a put filled with opportunities for everyone to go in which land far distant, to try out international society, to utilise incredible meals in order to take a look the mystic ocean underwater. Book a great inclusive vacation to your Maldives today and enjoy your trip.

Thursday, November 29, 2012

Consolidating Private Student Loans With Bad Credit Can Alleviate Financial Woes

The cost of a college education means students spend most of their time securing funding. So, when it comes to graduation day, they face huge debts that ensure they are under acute financial pressure even before they can begin their careers. Refinancing the debt is a wise move, especially when it comes to private student loans with bad credit.

Private loans are more expensive than the federal equivalent, but are also the most common. Often, the terms include a period of grace, but once that ends the full weight of the debt comes down to bear. As a result, repaying college debts becomes very difficult.

Refinancing the student loans through a consolidation program is widely recognized as the most effective option. This means that the original college debts are cleared, but with the terms of the consolidation loan better, the pressure of repaying it is significantly less.

Consolidation Programs Explained

Getting private student loans with bad credit is not a particularly difficult task. Most lenders understand that students have little or no income, but also that their education is the best way of securing a good job. The result is a greater open-mindedness towards students than other bad credit borrowers.

The problem is the cost of covering tuition fees and living expenses. And since each college year brings with it new expenses, as many as 5 loans can have been taken out by a typical student before they reach graduation day.

Taking this into account, repaying college debt is far from easy. But a consolidation program allows these individual debts to be combined, paid off and replaced by a more manageable loan. And as an added bonus, because the student loans are actually repaid in full, and not written off as in bankruptcy, the credit history of the student is greatly improved.

Typical Consolidation Loan Terms

As with all financial agreements, the terms of a consolidation loan need to be as good as possible. This is fairly likely when the borrower had secured private student loans with bad credit. Those terms would not have been ideal, making the potential for improvement much bigger. However, not all college loans are private; there are federal loans to consider too.

There is a major difference between private and federal student loans, with the government supported federal option usually coming with good terms anyway. Therefore, a typical private loan consolidation program will not provide the benefits to make the move worthwhile. So, repaying college debts from federal loans needs a special federal consolidation program.

There is no doubt that consolidating multiple student loans is the best option when trying to clear these debts, but be sure to choose the right program for each.

Qualifying for a Program

While a consolidation loan is viewed by lenders as another loan product, from which they will make a tidy profit, it is generally a simple process to qualify for one. Even getting private student loans with bad credit required some faith on the part of the lenders, but a consolidation program is seen as a replacement that fully repays the original loans.

Basically, the lenders who granted the original loans get their money back along with all the interest due. This is clearly a happy conclusion from their point of view. Still, there are some criteria to meet, such as having a minimum debt of ,000 and that repaying college debts is unlikely under the existing terms.

They also need confirmation that the consolidation loan is affordable too. If not, then the loan term can be extended to help lower it. But while the overall interest paid over a longer term is more, clearing those student loans makes such things worthwhile.

Monday, November 26, 2012

The United Mileage Plus Signature Visa Card - Pros and Cons

The United Mileage Plus Signature Visa Card, issued by Chase, is designed for those who travel frequently with United Airlines and have an excellent credit history.

Through the reward program, cardholders earn one mile for every dollar spent on the card. Miles can be used for travel on United Airlines and can be combined with the United Airlines frequent flyer program. New cardholders receive between 15.000 and 20,000 bonus miles (depending on promotion) after their first purchase and have the opportunity to earn additional miles at participating restaurants. Cardholders also receive a United discount travel certificate and a free one-way, 1,000 mile, one-class upgrade certificate after their first purchase.

The card has no pre-set spending limit; however, purchases are approved based on credit record, account history, and personal resources. The airline reward Miles are compatible with Frequent Flyer Programs.

APR (Purchases): 18.24% Variable
The APR for purchases is based on the Prime Rate.
APR (Cash Advances): 22.74% Variable
To view the most current rates, see the most recent: Terms and Conditions

Late Payment Fee: if balance is less than 0; if balance is 0 or more
Over-The-Limit Fee: None
Cash Advance Fee: 3%, minimum
Balance Transfer Fee: 3%, minimum, maximum

Credit Card Pros and Cons

Pros - Most Attractive Feature(s): No pre-set spending limit; additional miles at participating restaurants; various additional benefits and services to cardholders; bonus miles; card uses 'Average Daily Balance' method in determining finance charges, which is less costly when carrying occasional balances as compared to the "Two Cycles Average Daily Balance" method that is frequently used by Chase.

Those who can afford to pay in full each month (to avoid finance charges), currently fly with United Airlines (to combine earned miles with the frequent flyer program), and would like the additional travel services and discount certificates will benefit most from what the United Mileage Plus Signature Visa Card has to offer.

Mileage Plus Premier, Premier Executive, or Premier Executive 1K members, there is no limit to the amount of miles that can be earned. Miles do not expire as long as the cardmember earns or redeems miles within a three-year period.

The card offers a variety of additional cardholder benefits that include:

Various Internet account related services
Travel accident insurance
Emergency card replacement
Lost and stolen card reporting.
No liability for unauthorized transactions
Year-end financial statement (upon request)
Purchase protection
Extended warranty for purchases
Auto rental insurance (Auto Rental Collision Damage Waiver)
Various travel and emergency assistance services

Cons - Least Attractive Feature(s): Slightly high annual fee of above average APR for purchases; no introductory rate available. There is a yearly limit of 60,000 miles that can be earned.

Saturday, November 24, 2012

Cash Advance Loans - A Solution To Stretched Finances

January is generally a time of year when people find it difficult to make ends meet. The excesses of the holidays often leave bank balances in sorry shape, credit card balances frighteningly high, and plenty of vying demands on whatever spare money is unspent. It's not surprising then that for many of us, our January budget is an unsolvable problem, and towards the end of the month cash simply runs out.

If you're lucky, your overdraft limit may be able to come to the rescue, letting you defer sorting out some of your expenses until your finances settle down again in springtime. Or, you might have credit on your credit card that you can use to cover essential costs, although getting out cash on cards is notoriously overpriced.

Is there another choice if neither of these options are appropriate?

The answer is, for many, to arrange a wage advance. While wage advance loans are far from cheap, they are quick to arrange and are accessible for nearly anyone who has a regular job and a suitable bank account, with poor credit not normally being important. Payday loans are usually for a small amount, a few hundred or thereabouts, and are borrowed over a term of weeks rather than months or years. A fixed charge of around 15-20% of the amount you borrow is charged, which you pay when you repay the loan on your next payday.

Most loans also have the option of being renewed or extended, so that you can put off paying back the loan for a further month, albeit at the cost of a fresh set of charges. While this is conveniant for some, it is also hazardous: it can be simple to get stuck into a spiral of finance which is a problematic drain on even the most sound of finances. The expense is also important, as pay day loans are very pricey when compared to most other forms of finance.

Nevertheless, if you find yourself in a hole come the end of the month and can't make ends meet, then a cash advance could be a quick and easy answer - just ensure you know about and can handle the perils involved.

Friday, November 23, 2012

Expert Witnesses: Striking A Late Designation

When it comes to issues that both sides anticipate will be disputed at trial, a party cannot merely reserve its right' to designate experts in the initial exchange, wait to see what experts are designated by the opposition, and then name its experts only as purported rebuttal' witnesses. ...The trial court erred by acquiescing in it.

Section 2034.260 of the Code of Civil Procedure requires that all parties exchange information concerning expert witnesses on or before the date set for the exchange.

Except for certain exceptions, the Code states that the trial court shall exclude from evidence the expert opinion of any witness that is offered by any party who has unreasonably failed to list that witness as an expert under Section 2034.260.

In Fairfax v. Lords , the Court of Appeal expressly rejected the idea of a party gaming the system' by not identifying any expert witnesses in the first go around, waiting to see who the other party designates, and then identifying supplemental' rebuttal witnesses.

The Court of Appeal opened its opinion by stating In this case, we conclude that simultaneous' means occurring at the same time.' In this case the defendant (Lords) exchanged a First Designation of Expert Witnesses in which he did not designate any experts but stated that he reserved the right to designate rebuttal experts.

After receiving the plaintiff's designation, the defendant submitted a Second Designation of Expert Witnesses in which he now designated purported rebuttal' witnesses.

The Plaintiff moved for an order striking the supplemental designation, which the trial court denied. Plaintiff thereafter brought a motion in limine on the same issue. Defense counsel argued that since he had made the original exchange, he was guaranteed the right to identify any retained experts he chose to hire as rebuttal' experts.

Defense counsel also argued it is simply prudent litigation defense practice to minimize the cost of litigation by allowing plaintiff to declare the issues he intends to retain experts for, and for the defense to then offer appropriate rebuttal experts. It would also be poor litigation strategy for the defendant to designate an expert prior to knowing what type of expert plaintiff has chosen. The Court of Appeal rejected this approach.

There are two significant problems with Lords' reasoning. First, he seems to be assuming there is no way for defendant to determine what claims are at issue in a particular case until plaintiff reveals his expert witness list. That is simply untrue. The complaint itself is a rich source for determining what claims are at issue. Moreover, ordinary discovery is also available.

The second, and more fundamental problem with Lords' argument is that it is simply inconsistent with the clear statutory requirement of a simultaneous' exchange. Even if we agreed that defendants' interests would be better served by a system which allowed them to designate experts only after seeing plaintiffs' list (and it would be difficult to dispute the point), that is simply not an appropriate basis for ignoring the requirements of the statute.

Our system requires that defendants participate in the litigation essentially simultaneously with plaintiff. Section 2034 expressly requires it with respect to expert designations. If Lords would like to see that requirement changed, his remedy is with the Legislature, not the courts.

We therefore conclude the court erred in denying Fairfax's motion to strike Lords' second designation' of expert witnesses. The motion should have been granted, as Lords had no right to simply delay his designation of retained experts until after he had the opportunity to view the designation timely served by Fairfax.

As the California Supreme Court noted, Late disclosure of experts ... frustrates the very purposes of the discovery statutes.

Monday, November 19, 2012

Buy Austin Homes For Investment Through Reliable Real Estate Agents

Many people who visit Texas enjoy the warm climate and look for Austin Homes to purchase as investment or for setting up residence. Austin is the capital and fourth largest city in Texas. The real estate market is booming in Austin as many people are focusing on investment opportunities in this beautiful state where the scenery is magnificent and the weather is warm and inviting. Values of homes are now skyrocketing and people realize the necessity of building up a good investment portfolio. Investors can own homes with owner financing in Austin or the surrounding areas such as Round Rock or West Lake Hills, RX.

When the industry starts shrinking, the demand automatically goes up and this is exactly why the current sales are steadily rising since 2012. Anyone interested in learning what is owner financing, when buying properties or Austin homes, should contact the best real estate agency in the area that is qualified and experienced to handle the entire transaction. You can look for these service companies in your area through the internet. Read the testimonials and review the feedback to be assured of their quality service. The real estate agent should be able to discuss financial strategies to help you invest without using your own credit or cash. They should also be able to help you purchase home spending less cash on the dollar. They should be able to enlighten you on the way it works.

Owner financing proves beneficial to the sellers because they are able to make money upfront without the need to become a landlord. Buyers also are able to obtain loans for houses with this type of financing. Since there are many non-licensed investors who do not complete the process properly, they may put buyers and sellers at high risk by trying to cut corners because they are not 100% sure of the legal processes. Owner financing is a legitimate way to see real estate when it is difficult to get convention financing.

What is Owner Financing? The buyer makes an offer through an agent or on their own when the owner advertises his house for sale. Instead of the buyer trying to get a bank loan, the seller carries back the amount agreed upon which includes a 10% down payment on the total amount. This balance is taken back by the seller as a note and mortgage. It could also be a real estate contract or a deed of trust depending on the documents that are customary for that state. A title company carries out the closing transaction and a real estate attorney drawn up the legal documents.

An agreement is made for the amount of interest that has to be paid by the buyer per month. He will expect the entire payment to be paid within a certain period. This is referred to as owner financing, private mortgage or seller carry-back. The seller has the same rights of foreclosure if the buyer is unable to make the payments. This type of transaction is popular in Texas when you are looking to buy beautiful Austin homes in Texas.

Saturday, November 17, 2012

Pilot in Alabama Plane Crash Found to be Fatigued

Alabama - Whenever anybody hears of a plane losing altitude and crashing, the immediate assumption is that there might have been something wrong with the plane. When you hear the term 'pilot error,' you assume that the pilot made an error in judgment. When you hear the word 'stall,' you assume that something was wrong with the plane's engine.

However, various assumptions that might have been made surrounding a plane crash which took the lives of two people last December in Randolph County, Alabama were put to rest this week, when it was determined that a contributing factor to the crash was, indeed, restor more correctly, lack thereof.
Flight Instructor and Student Pilot Killed

It was December 7th of last year when a single-engine Cessna plane, built in 1978 stalled, went into a nosedive and crashed into a hillside near Bethel East Church. Both occupants of the plane, a flight instructor and her student pilot, were killed in the crash. Emily Clark, 28 of Madison and her student James Brown, 37 of Huntsville were returning from Orlando where Brown had been attending a conference.

A probable-cause report issued by the National Transportation Safety Board (NTSB) on Wednesday served to dispel some of the myths that may have been circulating around the tragic airplane crash just a few weeks prior to Christmas last year.
Age of Plane Not a Factor, But Pilot Fatigue Was

The plane, although nearly 30 years in the air, was mechanically sound. Thus, causes of the airplane crash were listed as unknown forces responsible for a loss of control of the aircraft, together with an 'inadvertent' stall.

Crew fatigue was noted as a contributing factor.

The word 'stall' in this context has nothing to do with the engine. Encountering a condition of stall in the air is not necessarily the same thing as stalling the motor in your car, or the outboard on the fishing boat at the cottage. Rather, 'stall' in this context relates to a lack of lift pertaining to the wings of the aircraft.

According to Alex Lemishko, assistant deputy director for the NTSB's regional operations, something caused the pilot to lose control of the plane, which in turn put the Cessna into a maneuver where the wings could not generate sufficient lift to keep the plane in the air.

While there was no conclusion drawn as to what might have caused the plane to go into a stall, a previous report into the accident revealed that both Clark and Brown had been awake for 20 hours without sleep at the time of the crash. Thus, speculation that the pilot may have become sleepy while at the controls, fatigue which is believed to have been a contributing factor in the crash.
Fatigue a Common Factor in Accidents

There have been many examples, over the years, in other industries where fatigue has been a factor in accidents. Truck drivers are required to keep detailed logbooks of their waking, and sleeping hours, lest they push the limits for reasons of efficiency and profit, and risk harm to themselves and others on the road in the process.

To that end, extreme fatigue while driving, and the impairment that results, has been likened to alcohol impairment: reflexes are slow, and judgment is poor. Is the person up ahead in the car in front of you weaving because he is drunk? Or sleepy?

There are strict regulations for both commercial, and private pilots with regard to rest periods. In the end a well-maintained and mechanically sound plane is only as good as the pilot, who is charged with making a myriad of important decisionseverything from having the wisdom to defer to poor weather if conditions warrant, to properly loading the plane to safe parameters.

And ultimately, piloting the plane safely. If your life has been put in danger by a pilot who has had too little sleep, know that pilot fatigue is an actionable offense.
Contacting a Wrongful Death Lawyer

When you need a lawyer who will exhaustively investigate your case and make sure that every responsible party is held accountable, contact The Killino Firm, where Keeping America Safe is our primary goal. To speak to one of our attorneys, please call us toll free at 800-815-2603, or contact a Philadelphia wrongful death lawyer via email. We will respond promptly to your inquiry so that you can experience The Killino Firm Difference.

Tuesday, November 13, 2012

Lease, Rent, or Buy? Your Guide to Car Leases

When thinking about leasing a car, a lot of people ask themselves one question: Should I lease, rent, or buy?

Leasing, buying, and renting a car are all very different processes. Car leases and purchases are both methods of auto financing - with leasing, you're paying to drive the vehicle for a certain amount of time (often two or three years), whereas buying entitles you to actually own the vehicle.

Cars leasing is advantageous to drivers that prefer new vehicles, are unsure of their long-term vehicle needs, and/or do not want to deal with the hassle of selling their cars later on. Alternatively, buying is perfect for drivers who are more concerned with long-term costs and needs.

Renting a car is something different altogether. Unlike buying and leasing, whose costs are largely determined by set factors such as the vehicle's market value and expected depreciation, rental expenses do not follow a definite formula. Thus, renting a car is generally not cost-effective, and is only recommended for short term use (less than one year - ideally just a couple of days).

If you've decided to lease new cars, you might think you're done asking yourself questions, but here's one more to consider: Do I want closed-end or open-end car lease deals? Open- and closed-end leases are the two primary types of car leasing deals. Closed-end leases are more financially beneficial to the lessee, while open-end leases protect the leasing company.

Before going any further, it's important to remember one important concept of leasing a car: residual value. In car leases, a vehicle's residual value represents its predicted worth at the end of the lease. A ,000 car with a 50% residual percentage after 24 months, for example, would have a residual value of ,000. In this case, the lessee would agree to pay the difference - ,000 - plus the appropriate fees.

To predict a car's residual value, car leasing companies look at the history of the vehicle's make and model, in addition to factoring in the duration of the lease and the expected mileage. Therefore, the residual is an estimation - not a sure thing - meaning that at the end of the lease the vehicle could be worth more or less than anticipated.

Now, let's discuss the difference between open- and closed-end leases. Closed-end car lease deals are also known as "walk-away" leases, because they allow the lessee to simply walk away at the end of the lease, regardless of the car's actual value. The lessee will only have to pay for damages and/or extra mileage as stipulated in the contract. In an open-end lease, however, the lessee must cover the difference between the final worth and the forecasted residual.

Let's consider the ,000 New York lease mentioned above. Although the residual value after 24 months is ,000, it's possible that the car will be worth a lesser amount, such as ,000. In this case, the vehicle's worth will have decreased by ,000, even though the initial lease was only set for ,000. In a closed-end lease, the Brooklyn cars leasing company absorbs this cost, however open-end leases require the lessee to pay for the extra ,000 of depreciation.

What about if the car is worth more than expected at the end of the lease? In closed-end car leasing deals, the lessee can choose to purchase the vehicle at the residual price (as long as the contract included an option to buy). So, if the car wound up worth ,000, the lessee could buy the vehicle for ,000, then sell it for ,000 to profit.

Tuesday, November 6, 2012

Securing Home Loans With Bad Credit: Some Tricks That Make It Happen

Excellent credit histories are pretty rare these days. Even mortgages, arguably the biggest single debt anyone will take on in their lifetime, are being applied for by applicants with low credit scores. But is it even possible to get home loans with bad credit?

The simple answer is yes. Approval for any kind of loan depends on the strength of the application, not on the credit score the applicant has. Employment and affordability are much more significant factors in any loan approval process, so securing mortgage approval is about having a good income and a healthy debt-to-income ratio.

But that is not to say matters cannot be improved in advance of submitting an application. The right moves (and 3 in particular) can strengthen the home loan application overall, increasing greatly the chances of success. These three involve knowing your financial reputation; taking time to improve your credit score; and offering a large down payment.

Know Your Financial Reputation

Knowing your own financial reputation is a very useful thing when it comes to building a strong loan application. This is done by reading your own credit report, which details the nature of your credit history, and reveals the weaknesses that lenders will take note of. Knowing where the faults lie can help greatly when seeking home loans with bad credit.

The credit score is only a calculated value of the risk factor of a particular applicant, but the accuracy of that evaluation has come into question in recent years. But they still have a limited influence, with low scores meaning higher interest rates charged, which in turn affects the affordability of the required repayments. So, the chances of securing mortgage approval can still be affected.

When the score is very low (around 500), then it is obvious that some effort needs to be made to improve it if a home loan is to be secured. But if the score is high (around 700) the application is going to be pretty strong in any case.

Increase Your Credit Score

But how can these scores be improved? Well, the only way is to reduce the amount of debt that exists by paying at least some of them off. With every debt cleared, the score is adjusted upwards, so gradually the score rises to a higher level. This can help to secure a home loan with bad credit, with the interest is lowered and the debt-to-income ratio improved.

Clearing debts can be done in two ways. Firstly, with a single consolidation loan paying all of the remaining balances in one go. Because 4 individual loans come with 4 individual interest rates, the overall cost can be quite high. Replacing them with one loan and one interest rate creates considerable savings. So, securing mortgage approval becomes easier.

Also, because the amount of debt falls, the debt-to-income ratio improves. More funds become available for any new debt, so a home loan can be deemed affordable.

Consider a Larger Down Payment

A down payment is important, not just because it seals the transaction, but because it lowers the amount needed to borrow to complete the transaction. This can be very beneficial when seeking a home loan with bad credit, with smaller loans meaning lower monthly repayments.

For example, a 10% down payment on a home worth 0,000, means a mortgage of 5,000 is required to purchase the property. But a down payment of 20% lowers the required home loan to 0,000. This effectively lowers the monthly repayments from 0 to 0 (over 30 years).

And with greater affordability, securing mortgage approval becomes that little bit easier. Of course, saving ,000 to make a 20% down payment is the difficult part, and can typically take years to do.

Monday, November 5, 2012

Get Bad Credit Car Loans

You are looking for a vehicle and when you check your credit history it reports bad credit. A credit score under 600 is not considered to be good. Borrowers of this category are taken as risk among the lenders and lenders are reluctant in helping these people out. However, with time things have changed and there are a number of lenders these days that are ready to sponsor the needs of people with bad credit.

Let us see the basic qualification criteria and what your options available with these loans are.

Before applying for these loans

Before you go ahead with these loans you should get a copy of your credit report and check it thoroughly .There are times that you can find errors in your report and by getting these errors corrected your credit score can improve and you can qualify for a better interest rate.

When you take a auto loan you are required to make a down payment. The thumb of the rule is that more the amount of down payment lower would be the interest rate .So try and arrange for a down payment that is bigger in amount. Try to finance at least 7-10% of the loan amount through the down payment.

Make sure that you compare the price offered by at least 3-4 lenders so that you have an idea as to what rates you are being offered and what is the best deal that you can get. Do not just compare the interest rate on the loan. Make sure that you also compare the terms of the loan.

Before you apply for these loans make sure that your payments towards the other credits is made on time. When the lender checks your credit report they would see that you have been making the payments on time and this would add a positive effect to your loan application.

What should you be aware of?

When you take a bad credit auto loan it is advised that you look out for the terms of the loan. The loan is usually distributed over a period of 3-5 years. Make sure that the term that you get on the loan is not too strict and you would be able to pay off the loan on time.

Look at the interest rates and the other costs associated with the loan. There are a number of costs that come along with the bad credit auto loans. Make sure that you ask the lender about the other costs also .It is better to compare the APR on the loan that would give you the total cost so that you can assess how much would you pay on an annual basis towards the loan.

If you are adding payment protection insurance along with the loan then be aware that the cost of the loan will rise. However, this factor can protect you in case you are unable to meet the payment for a few months because of some reason.

What are the available options?

When applying for the bad credit auto loans you can have three different options available.

* Conventional lenders: These are the usual lenders that give out these loans. They charge an interest slightly higher than that available to people with good credit .Qualifying for this loan would be easy if you have maintained a good payment schedule over the past few months.

* Credit Unions: If you are a member of a credit union then it is advised that you take the help of union. These can be affordable and help you in getting the vehicle.

* Auto dealer: The dealer from whom you take the vehicle can provide you with an option for the finance. The dealers are in touch with a number of lenders and provide finance regardless of the credit score to their customers. However, this can prove to be an expensive deal. Hence it is advised that you opt for this type of finance only if there is no other option available.

Friday, November 2, 2012

Stephen Fry and Two New Teenage Credit Card Fraudsters: Spot the Difference

Two British schoolboys, Nick Webber and Ryan Thomas, were arrested earlier this year on charges of a multi-million pound internet credit card fraud. It is alleged that they managed to hack into over 65,000 bank accounts and sell the details on a dodgy internet site. Apparently over £8 million was subsequently stolen from the accounts. Other alleged illegal activities by the young gentlemen included running a website called 'Ghostmarket', which offered advice to crooked customers on how to use stolen card details to buy goods, wire cash and call sex phone lines. Sentencing is due on February 28 2011.

Stumbling upon this article on the Sun's website brought back memories of an earlier story about that other infamous teenage card fraudster Stephen Fry. In the latest volume of his autobiography, 'The Fry Chronicles', he relates how, as a teenager, he once pilfered a credit card from a friend of his parents and used it to fund a Bertie Wooster-style spree at the London Ritz. Playing truant from school, and dressed up in his grandfather's clothes, he managed to spend two days propping up the bar, sipping cocktails and smoking Balkan Sobranies. He was eventually discovered, expelled from his public school, and detained for three months at Her Majesty's pleasure in Pucklechurch Prison, a Young Offenders' Institution near Bristol. Thankfully he survived this experience without sinking into a life of crime and depravity, achieving a First at Queens's College and going on to become one of the best and brightest British stars of both television and the cinema.

Like Stephen Fry, Nick Webber is also a Public Schoolboy; like him, he was first arrested back in October 2009 after running up a bill of more than £1000 in a ritzy London hotel using a 'compromised credit card'. Why then do these young men strike me as so much less delightful than Stephen Fry? Maybe it's because their ill-gotten gains were used to finance a life-style including exotic foreign holidays, designer clothes and a Hummer 4x4 (despite the fact they have not yet passed their driving tests).

Let us give them the benefit of the doubt, however, and hope that they too will go on to become polymaths and national treasures…Somehow I seriously doubt it, but we can always hope. They are clearly intelligent, ambitious and resourceful youths, to say the least. Perhaps, like the young Stephen Fry, they will be sent to a Young Offenders Institution, similar to the now-defunct Pucklechurch Prison, learn useful life-skills and go on to become pillars of society. If the state of our prisons is a fair measure of the state of our society, Stephen Fry's 3 months at Her Majesty's Pleasure was a good advertisement for Britain and its criminal justice system.To be strictly fair, I don't think Stephen Fry would be too happy if I ascribed his success solely to this early incarceration in a young offenders unit…there may be an element of natural ability involved too.

Post Script. Is this story actually for real? I mean to say, 'Nick Webber' accused of online fraud?

Monday, October 29, 2012

How to avoid tax evasion charges

And the Internal Revenue Service demands to know where all the citizens foreign accounts are located --- it is a crime to keep these foreign bank account secret if they are over ,000.00 in value. For those taxpayers in non-compliance, the IRS ran two offshore voluntary disclosure initiatives (OVDI). The last one passed on August 31, 2011. For those taxpayers thinking what to do, this article talks about their 4 remaining options.

Option One: Do nothing. You could do nothing and hope that the Internal Revenue Service does not find out the foreign bank account. Perhaps your foreign bank account is at a bank that you think to be "off the radar" or is in a quiet country, or under a friend's name, or opened with a non-American passport. Well, it used to be that a foreign bank account's actual owner could be kept anonymous. However, now, the IRS has vastly many more weapon at its disposal than it did previously to find undisclosed accounts.

This is an fundamental disadvantage. The chances are that the IRS does not discover hidden accounts gets smaller and smaller. Why? Because in order to compete for US customer and capital, foreign banks are coerced into complying with the IRS. That's right --- foreign banks take their marking orders from the IRS as well. So if the Internal Revenue Service wants information on US holders of foreign accounts, the IRS will get that information. The IRS will also run names of other individuals it suspects of being American citizens but who opened their accounts with foreign passports. The IRS has more power and intelligence that it ever had before. The IRS has the manpower and field agents in every major city around the globe.

Option 2: Renounce citizenship; Leave the country. There is only way to escape the jurisdiction of the Internal Revenue Service taxing authority. That is, to renounce one's citizenship and no longer be a US citizen. The process is not as easy as you may think. Additionally, a requirement of proper expatriation is that a citizen has to be in compliance with all tax laws and pay an expatriation tax in order to make it official. If you fail to expatriate properly, you would still be subject to the jurisdiction of the American, meaning nothing was accomplished and you are still subject to all the requirements of the tax code. Expatriation may make sense to avoid future tax liabilities , but you have to disclose the existence of secret accounts first.

The third option is to simply file amended returns and not explicitedly tell the Internal Revenue Service that you are seeking to come clean. This is known as a "quiet" or "soft" disclosure. The advantage is that there is little upfront cost to this. But the disadvantages are that you may give the Internal Revenue Service a very handy clue to charge you criminally, and if you are caught, you are see high penalties and a nasty and real possibility of criminal charges.

The Internal revenue service says that these 1040X's are "red flags." Even though the tax returns are amended and back taxes paid, the IRS tells says that account holders will still face penalties and criminal charges. In addition to charging and prosecuting people with undeclared foreign income, the Department of Justice claims that it has also begun prosecution of citizens whose "Quiet Disclosures" were discovered by the Internal revenue service.

There are other problems with "Quiet Disclosures." One reason is that a soft disclosure does not remedy the matter of the taxpayer's failure to report the bank account on the FBAR; failing to filing an FBAR can be a criminal charge just by itself. As a result filing a quiet disclosure 't go far enough to remove any likelihood of criminal charges. In fact, the amended return may --- well here's the massive problem with this option --- the soft disclosure does nothing about the failure to FBAR forms. There are still criminal and civil charges that may be pending for failing to file an FBAR, but simply give the Internal revenue service a very handy to locate you.

The forth option is a pre-emptive disclosure and subsequent negotiation of the penalties. If enjoying the rest of your life is chief importance, there can be no question that this is the best option. Yes, the 2011 initiative expired, but that does not mean a voluntary disclosure can not be filed. The IRS always welcomes offshore disclosures. The only deadline that was missed was the particular stipulations of the 2011 OVDI which capped certain penalties.

There are only 2 requirements. Initially, the taxpayer can not be under examination. In addition, the source of the money in the foreign bank accounts can not be from an illegal source. Like drug trafficking or money laundering.

Such pre-emptive off-shore disclosures and negotiations must be handled by a qualified Offshore tax attorneys, skilled in foreign compliance and delicate Internal Revenue Service negotiations.

Sunday, October 28, 2012

The Four Poker Player Types

Every poker player have a type of game that they play, good poker players can adapt to the opponents and play the type of game suited for the opponents at the table. So what kind of player types can you run into at the tables and what characterizes the type of game that they are playing. Below we will go through the different poker playing types , advantage and disadvantage of playing these that they have.

Loose Passive Type

Then loose passive players are often the fish, inexperienced poker players the game as entertainment and don't mind losing some money. These players always want to be in the action so they play every starting hands that they are dealt, they just chek and call. If you enjoy playing the game this way that is perfectly fine, there are other hobbies that can be more expensive. But this is the dream opponent for the experienced poker player, they can win some hands but sooner or later they will leave all the money at the table.
Everybody is a small fish at one time, but if you want to develop your game you have to pick up on some poker strategies. If you lose a lot at the tables, sooner or later that will take the joy out of the game. Many online poker sites have a poker school with decent educational material; this is free and will help you develop your game. If you put your mind to it and spend some time on learning, you can be a shark in no time.

How do I play against a loose passive player, this is not too complicated. Here you don't need to play a too advanced game, keep it simple. Bet if you know that you have the better hand, check when you're not sure, they will follow and check right along with you. Always stay mentally strong, if the loose passive player makes a bet you can give him credit for a better hand. These players do some time get lucky; they can hit some fantastic hands that can really shake you up. Don't get tilted, or maybe the tables can turn and you becomes the fish.
Loose Aggressive Type

Aggressive betting can turn a slow poker game into a crazy ride. Loose aggressive types are in many cases to aggressive in the game, they will raise with any cards in the hand. Aggression is one of the qualities that a good poker player needs, but he will have to combine it with many other qualities and skills if he wants to become a successful poker player. This player types can win some blinds and antes, and steal many pots with lousy hands. But when they do get a good hand they can get paid with a large chip stack, since they play all their hands in the same aggressive way nobody knows when they got a god hand.

Even if this spices up the game and makes it exiting, this is not the right way to play poker. This type of player has a need to gamble and relay on chance, good poker players relay on their skills and abilities to use them. Eventually these players will win some hands, but in the long term they will lose even more. Loose aggressive players can do well against passive players; they will fold most of the times. These players have potential to become good poker players; they just need to develop all of the other sides of the game.
How do I play against a loose aggressive player, well you have to understand that you can call with a much weaker hand than you use to. Use their uncontrolled aggression against them, just make sure that you call and raise with the right hands. As I mentioned before these players can get lucky and win some nice pots, but it also can go fast the other way. Try to avoid lose aggressive players at a shorthanded table, if you don't have a solid bankroll, things can go bad fast if it is not your day.

Tight Aggressive Type

The tight aggressive player chooses his hands carefully and only plays the ones hi really believes that he can win, when he plays his hand he does it aggressively. Normally these players only play about every fifth hand that is dealt to them; they have patios and are waiting for the right hand to play. When they play there hand they go for the kill, these are the sharks of poker. The most part of successful poker players fit in to this type of poker players, controlled aggressive play to use every factor at hand to calculate their chance of winning
There is not many weaknesses to point at in this type of players game, but in a shorthanded game you can use his tight game against him. The blind and antes comes more often here, the players at the table have to lower the crossbar for their starting hands. This could turn the tight aggressive type into a "tight passive type", see how to play against them here below.
Tight Passive Type

Tight passive types have the quality of patience, it is good to have patience as a poker player but still you have to combine it with other skills and qualities. One thing that these players lack is aggression; this is something that you need to become a good poker player. These player can make a good money on the on the fish, the loose passive types. But when it comes to the sharks, the tight aggressive types, they will clean his bankroll at the blinds and antes. This type folds out of the game when the aggressive players begin to bet.

Tight passive play will check or call in many places where it would have been better to bet or raise. The strategy against this type of poker player is not so hard to figure out; bet and raise. And if they should follow you on this, make sure to back down unless you don't have a killer hand.


This was the basic four types of players that you can meet in a poker game, but remember that the truly skillful players will adapt to his opponent and change the game he plays. This will confuse other players and make it harder for them to read his game. The important thing to begin with is to know the different types and how to recognize them, after that you can begin observe and identify players. Some players can alternate their play at every round of the game, but sooner or later you will find a pattern that will help you to use his strategy against him. Observe and analyze your opponent, make a note when you see something that will give you a clue to revealing his overall poker strategy. When you have figured it out you will also begin to recognize his poker tells Now it is only a matter of time before you have cleaned out his bankroll, if he doesn't backs out of the game before that happens.

Wednesday, October 24, 2012

How To Buy Houses From Motivated Sellers In Real Estate Investing

In most real estate investing business models, motivated sellers remain the number one source of the most profitable deals. Successful real estate investing should therefore incorporate finding deals from motivated sellers and successfully closing them.

This article points out important areas you need to focus in your business.

The key sources of attracting motivated sellers are covered in a separate article. As soon as you identify a good deal, you must then secure and close the deal.

In my business, I get all my leads through my real estate investor website. Approximately half of them are submitted directly by the motivated sellers. The other half are entered by my virtual assistant who calls back motivated sellers who choose to use the phone, and she pre-screens them for me.

All the deals I receive are therefore pre-screened and pre-negotiated. I can therefore tell in a few minutes if I have a deal or not.

As soon as you identify a good deal, the next step is to make an appointment to go see the house. This is mainly because you must estimate repairs. A simple tour of 5 to 10 minutes is enough to estimate repairs.

You just need a rough estimate, you do not have to break it down to the nail.

You must make sure you sign the contract when you go to see the house - do not forget to take one with you.

You can always cancel the sale later if the numbers no longer look good.

If you like the deal, fax the contract to the title company so they can do title work for you. Always make sure you deliver or mail the earnest money to make the contract binding. Make sure that you deposit any earnest money with the title company, not with the seller.

The next steps in the process depend on your business model and what your exit strategy is:

1) Wholesale the deal If your exit strategy is to wholesale the deal to other real estate investors, this is when you market the deal to them. A good real estate investing website should also help you build a list of potential buyers automatically - then you just email your deal to them.

Once you identify the wholesale buyer, you then sign a contract with you as the seller if you plan to do a simultaneous closing. Alternatively, you can assign the contract for an assignment fee.

The title company will then do the closing and disburse all the money as agreed.

2) Lease option / Lease to own Your title company should conduct the closing if you plan to take over existing payments.

This is why it is important that you select a title company that works with real estate investors and understands various real estate investing business models.

3) Straight buy If you plan to buy fix and sell, or keep as a rental property, then this is a straight traditional transaction that any title company can close.

Other business models would follow similar steps; these 3 are just the main ones.

When all is said and done, your success in real estate investing, largely depends on the efficiency with which you pre-screen your leads, follow up with them to tie up the deal, and efficiently close the deal.

Thursday, October 18, 2012

Everyone Is Not Cut Out To Open A Bmw Dealership

Most people have ambitious dreams during their childhood. The sad news is that many of these dreams are forgotten or aborted once they become older. The good news is that sometimes the forgotten dreams are suddenly and surprisingly bought to the forefront. In many cases this is actually a good thing. In other cases, it probably would've been better if certain dreams stayed dead. That's because many people make the mistake of going after a desire or goal that they just flat out can't handle. This is how you get people auditioning for American Idol, who have no talent whatsoever. On an even smaller and more realistic scale, there are also people who try to do things like start their own BMW dealership without the necessary skills, knowledge and wherewithal. So, if anyone is thinking of starting one of these ventures, there are several things they should keep in mind.

For instance, in order to start a BMW dealership a person must be relatively wealthy or in other words rich. Having ,000 in the bank isn't enough. In fact, a person would need hundreds of thousands or at least a few million dollars handy. This is because the business owner must have enough funds to afford business overhead, employee salaries, insurance and much more.

Someone might say that people don't have to be rich to pursue this type of endeavor. All they really have to do is take out a loan. The question is how many people are getting approved for multi-million dollar loans these days? The average person wouldn't even think about asking for such a loan. That's because they realize that in order to be approved for something like that, they must already possess a great deal of wealth.

Another element that a prospective BMW dealership owner should have is a lot of background knowledge about the car industry. So, they will need to do some extensive studying an research, just to find out how the field actually works. This will give them a foundation to stand on. Without building this foundation, the person would be in jeopardy of sabotaging their own business.

Along with the aforementioned characteristics and elements, the prospective owner should also have common sense when it comes to the business side of things. They must also be able to control their compassionate side when necessary. In other words, they can't be so nice that they want to give away more cars or money than their bank account will allow. It's okay to be charitable, but it's not good to overdo it.

If anyone is thinking about opening their own BMW dealership, they may want to think again and seriously consider whether or not they are cut out for the job.

Sunday, October 14, 2012

Claiming Newport Beach Boat Slips In Newport Beach Harbor

Newport Beach Harbor has some of the most expensive real estate in California, if not most of the world. It is certainly one of the most popular places for small yachts, with over 9,000 berthed here, but despite its wealth and popularity it is still a quiet, relaxed place with a friendly feel to it.Anyone with a small yacht around here will know how difficult it can be to find any suitable Newport Beach boat slips. Space is scarce and even slips with the most basic facilities are expensive, so it is important that any owner knows what they want before deciding on which slip to use.

Location is one of the main considerations. Seven islands make up the Newport Beach Harbor area, and all have advantages and disadvantages. Some are more expensive than others, some are less convenient to get to. If you are a frequent sailor then you might want a location close by and easy to get in and out of, while someone who only uses their boat once a year may choose a cheaper but less convenient slip.

The facilities available at each Newport Beach boat slip also need to be considered carefully. Every yacht owner has different needs in this regard, and it is important to find as close a match as possible. There is no point either paying for services that will not be used, or in renting a cheaper berth that does not have the facilities that are needed.

Some of the marinas offer managed services for yachts, and the best of the marinas allow these services to be tailored according to need. The companies based here have everything that any yacht owner could possibly need, and the owners are free to choose which of the facilities and services they use. One owner will want to have their yacht maintained for them, for example, while another will wish to do all the work themselves. Some will want to crew their boats themselves, while others will hire a captain or crew.Whatever your boating needs are, you can be sure that someone in Newport Beach Harbor will be able to meet them. If you can't find it here, the chances are you won't find it anywhere.

Friday, October 12, 2012

Great School Fundraising Ideas

Are you looking for great fundraising ideas for middle school? Perhaps you and your classmates have been assigned to plan for a fundraising event. If this is your situation, then you came across the right article! This article aims to provide you great fundraising ideas for middle school students that you and your classmates can try. So if you want to learn more about great fundraising ideas for middle school, then read on to this article to know the further details.

There are a lot of great fundraising ideas for middle school that are being used by students to raise money for their needs. Since the school budget is generally allocated for education, there are times when students cannot buy their miscellaneous needs such as sports team uniforms, dance studio facilities, laboratory equipment, new projectors, microphones, sports utilities and many more. That is why a lot of students are looking for great fundraising ideas for middle school.

One of the best fundraising ideas for middle school that you and you class try is organizing a school musicale. All you have to do is to collaborate with the drama club, dance club and choir and decide on a great musicale idea that they can perform. This fundraising event works best during special occasions such as Christmas and Valentine's Day because people are usually seeking lively entertainments during these times. You can print posters and place an ad on a local newspaper to gain more publicity for your event. You can also set up some photo souvenir booth and snack corner on the event's venue to raise additional profits.

Another classic on the list of fundraising ideas for middle school that you can try is selling of cookies, cakes, flowers and cards. This fundraising idea works best during Valentine's Day because a lot of people are sending notes and small gifts to their friends and loved ones. You can also offer delivery services, personal messages and even serenades in addition to the gift that the customer bought. This fundraising idea will surely become a major hit.

Environmental fundraising projects are also gaining popularity nowadays. You can organize a Plant a Tree event where participants will be able to help create a greener place to live in. You can also put up some photo souvenir booths and snack corners on the event's venue to raise additional profits. This is a great fundraising idea because it does not only help mother earth; it also promotes camaraderie, environmental awareness and fun among participants.

Lastly, you can organize a family day event at your school wherein participants will be able to have a bonding time with their families and will have the chance to win prizes on the bingo and raffle promos. You can also have games and souvenir booths on the event's venue. You can contact some companies for sponsorship of the event that you are going to organize. By working with sponsors, you will have more money to improve the event and you will have a share on the sponsor's profit on the fundraising event.

Tuesday, October 9, 2012

The Different Types Of Jobs In Banking

Those interested in the field will find that there are many different jobs in the banking industry. For instance, you could work for a prominent commercial bank or a small regional bank. There are also savings banks, credit unions and online banking institutions that offer employment opportunities. To give you a better idea of what is available, we have listed some of the most common jobs in the banking industry.

Bank Tellers

It's no surprise that bank teller positions make up 67% of all banking jobs. Aside from the usual tasks of cashing and depositing checks, people working in these positions are currently being trained to sell various banking products to consumers.

Customer Service

As a customer service representative, employees assist consumers with their accounts and resolve complaints via phone or email. The representatives must be thoroughly trained on any products offered by the bank, giving them the knowledge to explain and sell them to customers.

Loan Officers

A loan officer's job involves reviewing and submitting a lot of paperwork. These employees assist potential borrowers with loan applications and then take numerous measures to verify that information. This may include contacting employers, credit card companies, previous lenders and so forth. While loan officers often sell products to banking customers, they generally specialize in consumer, commercial or mortgage leading areas.

Clerical Workers

Banks employ clerical workers to process transactions and also in collections departments as receptionists and secretaries. Administrative assistants typically manage the clerical workers and report directly to bank executives.

Financial Manager

One of the most lucrative jobs inside of the branch is a financial manager. This position calls for one person to oversee the branch's operation, assist clients when in need and counsel customers.

Monday, October 1, 2012

Trading Exotic Currencies- Five Aspects To Know Prior to Trading

You can beat the average return if you trade forex judiciously. Major currencies like USD, GBP, EUR, JPY, CHF etc constitute the majority of the volume of currency trading. There are some pairs with one currency from the majors like above and the second currency in the pair is usually from developing countries from Asia, Africa, the Pacific and Middle East. These are called exotic currencies. Exotic pairs are considered to be riskier than the majors. They have higher spread making the trade expensive. They trade in thin market. But that doesn't mean that you can't trade such currencies. If you understand the risk you are taking, you can get excellent profits trading exotic pairs.

Exploit the High Volatility

If you are a trader, you can make the most of your fortune from the volatility. An average trader gets scared of volatility. But volatile market excites an experienced trader. Exotic currencies are very volatile. If you have a significant experience of trading the currencies, then exotic pairs will present you some opportunities which will give you a long runner. They tend to move quickly. They make bigger moves than the major currencies. If you are good at handling such moves, you can trade these currencies with ease and confidence.

Trend Is Your Best Friend

As a trader you will do a lot better if you trade with the trend. Big winners can easily be spotted if you develop the skills to spot the trend sooner. Exotic currencies move fiercely when they are set in a trend. Compared to majors, these currencies make one sided move for a long time. If you are willing to take the risk they posses, you will get excellent reward when a trend is set up. Spotting the trend comes to you when you have spent some time with the charts. So trading these pairs are definitely for the newbie.

Exotic Pairs Print Clear Charts

The charts of exotic currencies are very clear in terms of trend. Charts reveal the story easily. Exotic pairs don't get stuck in the consolidation area for too long. Get your basics with the chart in place and you are good to go with these currencies.

Trade Commodities Indirectly

Many of these pairs are correlated to commodities like gold and oil. Currencies of countries with large oil production of oil like Norway, Mexico, and Russia move in tandem. South African Rand is closely tied with gold as it is one of the major producers of gold. You can get exposure to these commodities with the help of exotic pairs.

Diversify Your Investment

In addition to these short term advantages, trading exotic pairs gives other benefits. It helps you spread the risk by adding one more financial asset to your portfolio. If you are overweight in developed countries, you can reduce your dependence by introducing the exotic pairs in your portfolio.

If you get scared when you are in drawdown; exotic currencies may not be your game. You should understand the risks involved in this play. The best way to start is to trade virtually till you get comfortable. If you go this way, you can print money at will.

Sunday, September 30, 2012

Payroll South Carolina, Unique Aspects of South Carolina Payroll Law and Practice

The South Carolina State Agency that oversees the collection and reporting of State income taxes deducted from payroll checks is:

Department of Revenue
P.O. Box 125
Columbia, SC 29214
(803) 898-5300

South Carolina allows you to use the Federal W-4 form to calculate state income tax withholding.

Not all states allow salary reductions made under Section 125 cafeteria plans or 401(k) to be treated in the same manner as the IRS code allows. In South Carolina cafeteria plans are not taxable for income tax calculation; not taxable for unemployment insurance purposes. 401(k) plan deferrals are not taxable for income taxes; taxable for unemployment purposes.

In South Carolina supplemental wages are taxed at a 7% flat rate.

You must file your South Carolina State W-2s by magnetic media if you are have more than 25 employees and are required to file your federal W-2s by magnetic media.

The South Carolina State Unemployment Insurance Agency is:

Employment Security Commission
1550 Gadsden St.
P.O. Box 995
Columbia, SC 29201
(803) 737-3070

The State of South Carolina taxable wage base for unemployment purposes is wages up to ,000.00.

South Carolina requires Magnetic media reporting of quarterly wage reporting if the employer has at least 250 employees that they are reporting that quarter.

Unemployment records must be retained in South Carolina for a minimum period of five years. This information generally includes: name; social security number; dates of hire, rehire and termination; wages by period; payroll pay periods and pay dates; date and circumstances of termination.

The South Carolina State Agency charged with enforcing the state wage and hour laws is:

Department of Labor, Licensing and Regulations
Office of Labor Services
P.O. Box 11329
3600 Forest Drive
Columbia, SC 29211-1329
(803) 734-4295

There is no provision for minimum wage in the State of South Carolina.

There is also no general provision in South Carolina State Law covering paying overtime in a non-FLSA covered employer.

South Carolina State new hire reporting requirements are that every employer must report every new hire and rehire. The employer must report the federally required elements of:

Employee's name
Employee's address
Employee's social security number
Employer's name
Employers address
Employer's Federal Employer Identification Number (EIN)

This information must be reported within 20 days of the hiring or rehiring.
The information can be sent as a W4 or equivalent by mail, fax or electronically.
There is a .00 penalty for a second offense late report and 0 for conspiracy in South Carolina.

The South Carolina new hire-reporting agency can be reached at 888-454-5294 or 803-898-9235 or on the web at www.state.sc.us/dss/csed/newhire.htm

South Carolina does allow compulsory direct deposit but the employee's choice of financial institution must meet federal Regulation E regarding choice of financial institutions.

South Carolina requires the following information on an employee's pay stub:

Gross and Net Earnings
itemized deductions

South Carolina requires that employee be paid as designated by employer.

In South Carolina there are no statutory requirements concerning the lag time between when the services are performed and when the employee must be paid.

South Carolina payroll law requires that involuntarily terminated employees must be paid their final pay with in 48 hours or next regular payday (no more than 30 days). Voluntarily terminated employees must be paid their final pay within 48 hours or by the next regular payday (no more than 30 days).

There is no provision in South Carolina law concerning paying deceased employees.

Escheat laws in South Carolina require that unclaimed wages be paid over to the state after one year.

The employer is further required in South Carolina to keep a record of the wages abandoned and turned over to the state for a period of 10 years.

There is no provision in South Carolina law concerning tip credits against State minimum wage.

In the South Carolina payroll law there is no provision covering required rest or meal periods.

South Carolina statute requires that wage and hour records be kept for a period of not less than three years. These records will normally consist of at least the information required under FLSA.

The South Carolina agency charged with enforcing Child Support Orders and laws is:

Child Support Enforcement Division
Department of Social Services
P.O. Box 1469
Columbia, SC 29202-1469
(800) 768-5858

South Carolina has the following provisions for child support deductions:

When to start Withholding? Next pay period after service.
When to send Payment? Within 7 days of Payday.
When to send Termination Notice? Within 20 days of termination.
Maximum Administrative Fee? per payment.
Withholding Limits? Federal Rules under CCPA.

Please note that this article is not updated for changes that can and will happen from time to time.