Monday, April 30, 2012

Your Emotional Affair - End It and Stop Your Divorce!

Your heart beats faster every time you glance at your phone - has he text? You check every five minutes, to make sure your phone is on silent - so no-one hears it, so no-one suspects that anything is different, anything is wrong. You are tense and nervous with butterflies in your stomach, but then you hear the familiar buzz of your phone. Glancing down you see the word "Sue". It is your own personal code for him, and your heart soars, you can speak to the love of your life!

This is just the tip of the iceberg for people involved in an emotional affair, or involved in emotional infidelity. That wonderful high that comes when you speak to your new love, it seems to be so addictive.

Maybe you have tried to end the emotional affair, and just be friends. You have invested so much emotion, so much time now........he knows you inside out. That means he knows all the right buttons to press, to make you come running back to him.

The fact that it is not right to have an emotional affair has not escaped your notice. It is probably worse than a physical affair in some ways, because it cannot be right to share that innermost place in your heart with another man.

Do you remember a time when you were completely in love with your husband or partner, when you just enjoyed spending time with him, and you felt that you couldn't be happier? You can get that back, you can go back to that place. You know it was fantastic, you were full of love and dreams, you felt happy in your role as wife to him. The wonderful feelings you had have not disappeared forever, you can be happy with him again.

But ultimately...

What can you do to end the affair?

* You need to cut off contact with your emotional affair. That has to be totally. If you work in the same office, try to get a transfer, or at least make sure you are on different projects. If necessary speak to someone in human resources, but make sure you are away from him as much as possible.

* It is essential to confess to your husband or partner. Yes, it is very difficult. But remember, the blame is not all yours. In happy fulfilled relationships, people avoid emotional infidelity. The object of your emotional infidelity was fulfilling a need that you have, and it was not being fulfilled in your marriage. You need to think deeply about this, think of a way to explain it to your partner or husband so that he understands, but without apportioning blame.

* You need to be aware that this is a painful thing that you are going to have to go through. There will be emotional pain as you will not have that emotional crutch you have in the object of your affair. You may experience physical pain too. This is because you have become addicted to the emotional "high" of hearing from him, the excitement. Recognise that this will happen to you.

* You will have to feel sad about the emotional infidelity, to grieve it. It provided a need for you. You enjoyed it. The end is not worth the cost. It is truly not worth giving up your relationship for this other person. So do allow yourself the time to grieve.

While you are going through the four steps above you will need to be putting more emphasis on working on your marriage.

New Ways To Use Your Unwanted Tree Stump!

Alas the mighty tree had fallen, but the tree has not uprooted itself from the face of the earth, instead left a ruminant to remember. The left over ruminant is called a tree stump. A tree stump can be a very interesting left over when we consider the mighty tree it once held. However, most people tend to get annoy by the left over stump because they believe it destroys the look of their garden. Therefore, they are usually removed by equipment such as a stump grinder.

In case you're wondering, a stump grinder is a very powerful piece of machinery that is used to grind down the remains of a tree. The only problem is, not many home owners wants to rent a stump grinding machine or hire professional people because of the expense and heavy work involved. These people could be looking for the least expensive ways to remove their tree trunk, however is it really the best way to go about it or are there better options like turning it into something useful or fancy.

Have a seat!

A tree stump can be cleaned, sanded and polished to make the perfect bench for sitting and resting. Stumps of various heights can be used as a seating arrangement for different people. For example, stumps of shorter length can be used by children who find it difficult to sit on tall stools or benches in the garden. If you're planning to use the tree stump as a bench, you may want to attach an umbrella onto it to provide protection from the weather. It will also be a great way to decorate your garden.

A plant within a tree!

If you really put some deep thoughts into it, that dull tree trunk can literally become the shining star of your whole landscape. How about turning the stump into a vase by making a hole onto the surface. Use large drill bits and once you're done, fill it with soil and make a space for your new plant to grow on. Some plantation ideas includes campanula which grows tiny purple flowers that last up to 9 months and also pigeon orchid which looks quite elegant. Simply grow the type of plant you want onto your new pot and you will be surprise at how beautiful it actually looks.

How about a picnic table?

A large stump can be easily used as a table for your backyard and family entertainment. Base on the fact that the surface area is clean and level. Then, just go to a retail shop, buy a good designed cloth and you can literally transform any dull stump into a picnic table with ease. Just choose your design, mix and match and you can turn an old trunk that you once thought was destroying your landscape into a perfect entertainment area.

Just put on your thinking cap and let your creative juice flow!

One of the most interesting features of any trees is that they can be exposed to varying temperatures and still are left unharmed. So think about it, by using a little bit of your brain juice, you can literally turn that dull stubborn stump into something your friends and family will appreciate for a very long time. Unless you're trying to build something onto the area in which case you'll need some stump removal work organize, otherwise if you really think about it, putting these decoration ideas into play may be the smartest decision you ever make this year.

Sunday, April 29, 2012

Fha 203k Closing Cost

FHA 203k Closing Cost for Renovation, what Homebuyers and Homeowners should know.

Like all other real estate loans, the FHA 203K has the same typical closing costs such as Title, Lender, Attorney, Escrow and Recording Fees to name a few, but unlike the others there are also additional calculations involved that you'll need to consider when financing a 203K Loan.

The first thing you'll need to do when figuring out 203K closing costs is to list and estimate the cost of all the repairs & rehab that you are planning for the property. This is essential because the 203k closing costs will be calculated based on this amount.

The following is a list and explanation of costs involved when financing a 203K Loan

Standard Fees:

FHA 203k contingency reserve
The first step is figuring out the FHA 203k contingency reserve on the repair & rehab costsThe contingency reserve are for overruns and un-expected expenses that can arise during the project. Now, if you ever had to hang up a picture on a wall and had to make two holes to place one nail then you'll understand why this reserve is needed. The amount for this reserve is 10% based off of the repair & rehab amount but can go as high as 20% depending on the project and property. The amount of the reserve is actually not a true cost because if you were to stay on budget the contingency reserve left over can be used to pay down the original loan or used for any extra work if approved.

FHA 203k Inspections & title updates
Inspections and title updates are completed to make sure the work is done and no additional liens are put on the property. Inspections are done by HUD Cost Consultants or Appraisers depending on whether it's a Standard (Full) FHA 203k or a Streamline 203k loan. Costs can vary on both of these fees. An average estimated amount to use would be 0 to 0 for Inspections and for Title Updates.

Mortgage payments financed
If you have an FHA 203k loan that is the Standard version (full) rather than a Streamline then you can finance up to 6 months of payments. Now as appealing as living with dust and loud noises while cooking on a bunsen burner might be to some, it's good to know the rest of you have the choice to have all the repairs and rehab done before moving in. Of course there are economic factors that play a role as well. Adding more money to your new loan may sound financially un-feasible but the flip side would be the cost of your comfort or the extra work time needed when a property isn't vacant which in return would have a cost.

Architectural and Engineering fees
If you're doing an FHA 203k Streamline these fees would most likely not apply. But for projects that do need an architect or an engineer this cost can be financed into the 203k loan. Keep in mind that this fee depends on the scope of the Architect/Engineer services and is associated with the type of project your doing rather than with the 203k loan.

Consultant Fees
Standard (Full) 203k loans need an FHA cost consultant and are optional on 203k Streamlines. Their role in short is to review the work estimates so that they can do the work write ups, inspect the completed work and fill out the paperwork needed to get the checks released. Their fees range from 0 to 00 and higher when the repair or rehab amounts are over 0k and when there is more than one unit. My advice is to talk to your consultant so you know what to expect from them and what the cost will be.

The repairs or rehab for your project may require permits from local city or county agencies. When permits are required the cost can be added into your 203k loan amount as well. Your contractor should be aware of any permits needed and should let you know when giving you an estimate.

Supplemental origination fees for both standard 203k and streamline
On all FHA loans an origination fee is typical. An origination fee is a percentage of the loan amount. For instance a 1% origination on a loan amount of 0k would be ,000. The difference with an FHA 203k loan is that a supplemental origination fee is also added. That amount is 1.5% of the repair or rehab amount or 0.00 whichever is more. Consider this cost as an administration fee for setting up the escrow account that will handle and disburse the checks as needed.

Discount points on repair cost and fees
Interest rates at times will come at a price on what is called discount points. (Discount points like the origination fee is a percentage of the loan amount.) Same example 1% discount on a loan amount of 0k would be ,000. So, sometimes to get a certain interest rate discount points are charged. Those same discount points would also apply to the repair and rehab amount.

Well there it isthe costs associated with the FHA 203k renovation loan. Now remember, these costs only apply to the repair and rehab amount and as mentioned earlier there would still be the standard closing costs such as Title, Lender, Attorney, Escrow and Recording Fees but these costs apply to all Real Estate Loans.

The Driving Force In Gold Price

Back in 2007 when the credit crunch hit many people lost lots of money and properties due to the insane months that followed. Paper currencies dropped in value and it seems that one of the few assets that managed to retain its value and liquidity has been gold. These days one can invest in various types of gold products such as 1kg gold bars, gold bullion coins, gold shares, gold ETFs and even gold mining stocks. Every transaction can be done from the comfort of your own home so all you need to do at this point is to find the right product for you.

Individual investors are interested in gold especially because it seems to be the best hedge against inflation in a time when the economies are going from bad to worse. The high inflation rates is one of the driving forces behind this glittering metal and it looks like in the near future it will remain to be so. Taking into consideration the fact that the governments cannot change their strategies they will continue to print more and more money and as a result the inflation will either skyrocket or it will remain constant. Whatever happens, having gold in your portfolio is the best option for anyone.

The value of the assets of various governments and even the US bonds are threatened with over-indebtedness and banks have little room to move. The viable option for investors at this point is to simply start looking for the best gold products (1kg gold bars, gold bullion coins, gold shares, gold ETFs and even gold mining stocks) for making investments. The glittering metal has not only retained it value but is thriving due to the financial turmoil in today's world. It is a known fact that the precious metal is driven by unstable economies and financial problems as well as high inflation.

The precious metal market has been through a period of price fluctuation which has troubled some of the investors. However, we should all know that the yellow metal has been through a period of price correction this is precisely why there have been so many fluctuations on the market. However, financial analysts now believe that the precious metal will reach new heights until Christmas.

Taking this into consideration the best option that we have is to simply invest in gold now when the prices are lower and when we don't have to pour all out money in this glittering metal.

Wednesday, April 25, 2012

Advantages of Low Interest Debt Consolidation Loans

You may use a debt consolidation loan to merge or combine your debts into a single payment or repayment. To gain the optimal benefit from a debt consolidation loan however, you will need to look for some low interest debt consolidation loan options, that may fit your specific situation and needs.

A low interest debt consolidation loan will make more of your funds available to you, it may also make your repayments much more affordable too. A low interest debt consolidation loan may also help you to pre-pay on your loan principal, reducing your debt at a much faster rate.

You may get a debt consolidation loan by either applying for a secured or unsecured loan. With a secured loan you can use an asset like your home as collateral/security for a loan, or you may choose to get an unsecured loan without collaterals. A secured loan may be easier to get than an unsecured loan, and the interest rate for secured loans may be lower too. The downside of a secured loan though is, you may lose your collateral, if you fail to pay back the loan, or are late on your repayments.

If you are a homeowner, you may use your home to get either a home equity loan (HEL), home equity line of credit (HELOC) or cash-out refinancing. HEL and HELOC involve using your home equity (that is, the percentage of your home that you own) to get a line of credit, HEL is a lump sum while HELOC is an open credit you may draw on at varying times. Cash-out refinancing involves taking a new mortgage that is bigger than your original mortgage, on your home, and then using the difference between your new and old mortgage value, to pay off your debts. To use cash-out refinancing, your home value will need to have increased from its original purchase price, to provide you with a large enough difference to pay off your debts.

You may also choose to take a personal loan if you don?t have collaterals, or if you do not wish to use your home as security for a loan. You will need to review each type of loan and do some comparison too to get a low interest debt consolidation loan for yourself. You will need to add up the total costs of getting each type of loan, not just their interest rates, to know how much you will be paying or saving in the long run. You may shop around and compare different loan rates and costs, to get the best deal.

Though it is very important to research your options while shopping for low interest debt consolidation loan services, before you take up any loan offer however, or use any type of debt solution, you may want to go through some free credit counseling first. A free counseling session (not a program or plan, just some free expert advice service) can help you to determine the best solution for your needs, which may not necessarily even involve, getting a debt consolidation loan, most especially if you are struggling with debts. Reputable and certified credit counselors can help you to determine and know if a debt consolidation loan, or some other type of debt resolving strategy and mix, are the best solution for your debts. With this, once you understand what your best solutions are, after some counseling, you may then do some additional research on the options presented to you by your counselors. You may get some free and no obligation credit counseling from government bureaus and agencies, and/or reputable credit counseling firms.

Tuesday, April 24, 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.

Monday, April 23, 2012

Top Five Reasons to Sell Weekly Call Options

An amazing income opportunity is now here with weekly call options. "Weeklys" come out every Thursday and expire the following Friday. There are no new Weeklys in the final week where the monthly options expire. You can just write the next week from the monthly list.

Although Weeklys have been around since 2005, it has only been since the summer of 2010 that the offerings have been expanded to include stocks and ETS like Apple, Amazon. Intel, Microsoft, Research in Motion, Cisco and Las Vegas Sands, to name a few. On the ETF side, there are QQQQ, GDL, GDX, USO, SLV and more, as well as the SPX and the OEX.

How Weeklys Super Size Your Trading Account

You Get to Sell 4 Times a Month!

Selling call options four times a month versus once is a pure gift. An experienced covered call writer can earn A LOT more premium. Doubling the monthlies in many cases is not unreasonable. Also, if you use a long-dated put for protection, this "insurance" can be paid for very fast due to more writes per month.

8 Days a Week Versus 30

Forecasting eight days instead of thirty is a piece of cake; it's much easier to look at what is happening in the week ahead. One of the biggest complaints about covered call writing is what to do if the stock really runs up and you have to either forgo the increased gains over the call option strike you sold or buy back the call at a much higher price. If this happens, it's a lot easier to adjust over one week and reset with a new trend the next week.

Accelerated Time Decay

Call writers depend on time decay. With Weeklys, time decay is greatly accelerated. There have been times that calls I sold on Thursday morning on introduction eroded over 30% by Monday's close. How cool is that? You can write near-the-money calls or at-the-money-calls and collect the higher premiums due to the rapid time decay.

Skip Earnings Week and Relax

How many times have you crossed your legs and held your nose during earnings week? Well, now you can just sit it out. Weeklys offer the ultimate in flexibility. You can also trade the news that week before or after the event. Again, you can be in or out of the market weekly. THAT is flexible.

Selling Weekly Puts for Even More Premium

Weeklys offer an astonishing opportunity to super size returns by selling a naked put or a put spread (to limit risk and to use less margin) for more premium. Just follow normal put selling rules; sell below a strong support point, at least one strike out of the money and maybe more if the premiums are good.

It's amazing how many experienced investors and fund managers do not know much about weekly options. The word is spreading. There is a lot to know about the various covered call writing strategies for up, down or sideways markets. The more you learn, the more you earn.

Friday, April 20, 2012

How To Determine If A Deal Is Good For Real Estate Investing

Being able to recognize a good deal is crucial to the success of a in real estate investing business. While you may come across so many properties for sale, not all of them qualify as profitable real estate investments.

So how do you tell which deals to pursue and which ones to trash?

You must follow a simple business model to be a successful real estate investor. It is necessary to develop ball-park figures that help you analyze deals whether you wholesale properties, do lease options, fix and flip, keep as rentals, etc.
The following 3 steps apply when analyzing your deals:

1) Pre-screen your sellers
You must pre-screen all your motivated sellers to gather all the information necessary to analyze your deals. It is important that you invest in a real estate investor website that helps you pre-educate motivated sellers, pre-screen them and pre-negotiate with them.

The information you receive through your website is enough to know if you have a deal or not.

If you still have to pre-screen motivated sellers over the phone, then you must have a script with simple questions that provide all the numbers you need to make a quick calculation.

2) Run comparable sales
You then need to determine how much the house would cost TODAY if it was sold in perfect condition.

3) Analyze your offer
Armed with this information, you can then determine if you have a deal or not. Of course, the mortgage balance and the asking price are the main determining factors when making this determination.

a) Wholesale deals
If the house costs 70 cents on the dollar minus repairs or lower, it probably qualifies as a wholesale deal. You should aim for 65% minus repairs in a poor real estate market.

You must also calculate your profit in this calculation. So if you want to make 00, your buying price would be 65% minus repairs minus 00.

You have to remember that the lower your buying price, the lower you can flip it and the faster you can sell it.

b) Rentals and lease options
If the house needs no repairs and does not qualify as a wholesale deal, then it probably qualifies as a good deal for rentals and lease options.

You therefore need to know the rental rates in the area. Obviously, the monthly mortgage payment must lower than the rental rates for this to be a viable deal. For example if the mortgage payment is 50 and the rental rate is 00, you have at least 0 monthly cash flow.

It is a good idea to use the rental rates for lease options, though you can fetch a higher monthly payment with a lease option.

It is always important to have equity in the deal for this to work.

c) Short sales
A short sale is viable if none of the options above cannot work and the mortgage payments are late.

You can get better results with properties with more than one mortgage.

We have covered short sales in separate articles.