Wednesday, May 30, 2012

Benefits Of Solar Construction Cameras

While construction management technologies are a necessary concern on all projects, some sites and situations require a greater degree of flexibility than others. Remote locations, absent of readily available power, and urban locales, where it can be difficult to coordinate utilities, often present a need for independently available power. Similarly, power is often unavailable during the site preparation stage. This lack of initial power makes it difficult to monitor and manage a project's crucial beginnings and can limit a builders' ability to use the ideal tools for a given task, exposing them to the risk of costly delays and scheduling difficulties.

In recent years, advances in construction technology have allowed solar powered camera systems to emerge as a reliable and durable solution. Builders coping with powerless jobsites or wanting to leverage green technologies now have the alternative they have been seeking.

Engineered with the same goals as the OxBlue construction camera, the solar powered stations needed to be reliable, maintenance-free and cost-effective. While customers have been asking for a solar powered alternative for years, they often faced a daunting set of mixed messages from vendors. Clients have reported price fluctuations as high as 300% for the same site across multiple dealers. The most significant factor in the cost of a solar station is the quantity and quality of the panels and batteries being utilized. Most often, fluctuations in cost speak to fluctuations in quality. Borrowing from the approach we used with our construction camera, OxBlue has developed a highly standardized system that delivers high quality images that are both reliable and cost effective.

OxBlue's standardized approach to the situation allows us to eliminate much of the guesswork in terms of cost and performance. We use the same premium components in the largest and smallest systems and have employed a uniform production process. As a result, OxBlue brings a greater purchasing power to bear and is able to deliver a premium solar station at a reduced price. OxBlue's Chandler McCormack provided an example, One component in good solar power stations should be a quality charge controller. With other systems a controller consisting of one or two indicator lights to display its status would be typical. However, with OxBlue's units we've been able to leverage our purchasing power to incorporate a top of the line charge controller that includes an LED screen, increasing reliability and giving the user an easy to understand system. As a result of our engineering we've been able to incorporate many similar improvements into the system while keeping the cost low.

Adopting a standardized model also creates an easier to use system for the customer. Instead of having various wires and connections to make between the parts, OxBlue has special outdoor cables manufactured specifically for their solar systems. These cables eliminate the need for a conduit and, since they only connect the correct way, they eliminate the complications of having to figure out the wiring involved. Similarly, every system is designed for December conditions, when average daily sunlight is at a minimum, and even in these conditions the power stations are capable of running for almost a week without sun.

Success Stories:
AMB Property Corporation (NYSE:AMB) started using OxBlue Solar Construction Cameras on jobsites in order to monitor the project from day one, when sites are being cleared and temporary power is not yet available. A construction camera is only as good as the view it can capture, and Solar Power Systems allow AMB to position cameras anywhere on the site they like, regardless of power line locations. The systems eliminate the coordination and headaches of getting power to the right location, which can be an issue in both urban and rural areas. In addition, AMB were able to use the OxBlue Solar Power stations as part of their LEED certification program and to take advantage of the 30% Federal Tax Credit for Renewable Power. Needless to say, the decision to use OxBlue Solar Power stations has resulted in a successful customer and program.

Tax Incentives:
An additional incentive for these construction cameras is the renewable energy Federal tax credit program. The Solar Energy Federal Tax Credit offers a 30% credit for equipment that uses solar energy to generate electricity, such as the solar power stations available from OxBlue. For most companies, that translates into savings starting at more than ,000 per camera.

The Solar Energy Federal Tax Credit has become so popular that the U.S. House of Representatives recently passed legislation that extends the 30% Federal tax credit through 2017, giving business owners plenty of time to purchase a solar construction camera system and take advantage of the dollar for dollar tax savings opportunity.

In addition to federal tax incentives, customers purchasing the solar power station for a construction webcam system may be eligible for other state, local and utility incentives that promote renewable energy. Additional information regarding these incentives can be found on the DSIRE (Database of State Incentives for Renewables & Efficiency) website at

The Fundamentals Of Credit Scoring And Credit Studies

What is credit? What's a credit report? What is a credit score score? Where can I safely get a duplicate of my credit report without spending a dime? These are a few of the most essential questions in private finance and they will be addressed on this article. The topic of credit score scoring has change into an increasingly sizzling topic, and for good reason. For many years, most people only related the idea of credit scoring with the necessity to purchase excessive?ticket gadgets such as a new automobile or a home. Right now, credit scoring goes much further. Your credit rating can have an effect on your ability to get a very good rate on commodities akin to automotive insurance coverage, cell phones, and even decide whether or not or not you get the job that you just want. Indeed, the monetary snapshot offered by the credit score rating has also change into a gauge for a lot of employers, especially those that search to place employees ready of financial responsibility.

What's Credit score?

Credit is like a report card telling you ways well you've got paid your bills. Credit score is a document of the way you pay your credit cards payments, auto loans, mortgage loans, etc. Whenever you purchase something with a month-to-month cost, the people who you gather your bill report this information to create a credit score report. Examples embody buying furniture on credit or using a Finest Purchase store card to purchase a computer. Exceptions include utility bills, cellphone payments, and lease payments. Collection accounts, court judgments where you owe money, and bankruptcies are also a part of your credit.
Who Collects My Data?

There are only three corporations within the U.S. that accumulate all your credit information. They receive this information from all your collectors, just like the bank card company or your auto mortgage company. The companies are Equifax, Transunion, and Experian, also known as credit score reporting agencies or credit bureaus. They compile all the information they receive and create a credit score report on you.
What's a Credit Report?

A credit score report is a doc that shows all the data collected by the credit bureaus. A "tri-merge" or "merged" credit score report contains the knowledge from all three credit bureaus in one report. This report lists all of your past credit accounts which have been reported to the credit bureaus. The report lets you understand how a lot cash you owe to collectors, what your available balance is, and your full cost historical past, including any late payments. The credit score report can even checklist your current and former addresses and even employers. Moreover, the credit score report will also provide you with a number that each credit bureau assigns to you, referred to as a credit score.

What is a Credit Score?

A credit score score is a quantity from 300 on the low end to 850 on the high end. Each of the three credit bureaus will consider your credit to find out your rating, and each bureau will provide you with a score. The upper the number, the better the credit score history. However, exactly how do they assess what's on your credit report to present you a number?

What Makes Up My Credit score Score?

There are five parts to your credit score (also known as FICO rating). Points are awarded for each of these 5 elements, and a high score is most favorable. The components are listed below so as of importance.

1. YOUR PAYMENT HISTORY ? 35% IMPACT on your credit rating
Have you ever paid your credit score accounts on time? Paying debt on time and in full has the greatest positive impact in your credit score. Late payments, judgments and cost?offs all have an adverse impact. Missing an excessive cost could have an extra extreme impression than missing a low payment, and delinquencies that have occurred in the last two years carry extra weight than older items.

2. HOW MUCH YOU OWE vs. AVAILABLE CREDIT ? 30% IMPACT in your credit score rating
This factor marks the ratio between the outstanding balance and accessible credit. Ideally, the buyer ought to make an effort to maintain balances as near zero as attainable, and positively below 30% of the out there credit score limit when trying to buy a home. The more you owe compared to your credit score limit, the decrease your score will be.

3. LENGTH OF CREDIT HISTORY ? 15% IMPACT on your credit score score
This portion of the credit score rating signifies the size of time since a particular credit score line was established. A seasoned borrower or longer credit history will at all times be stronger in this area. Nevertheless, you may get a high rating with a short credit score historical past if the rest of your credit report reveals responsible credit management.

4. TYPE OF CREDIT ? 10% IMPACT on your credit rating
A mixture of auto loans, credit cards, private lines of credit score, and mortgages is extra optimistic than a concentration of debt from bank cards only.

5. INQUIRIES ? 10% IMPACT in your credit score rating
This percentage of the credit score score quantifies the variety of inquiries made on a shopper's credit inside a six?month period. Every exhausting inquiry can price from two to 25 points on a credit rating, but the most variety of inquiries that will reduce the score is ten. In other words, eleven or more inquiries inside a six?month period can have no further affect on the borrower's credit score. Be aware that when you run a credit report on yourself, it's going to have no have an effect on in your score. Credit scores distinguish between a search for a single loan and a search for many new credit score traces, partially by the length of time over which inquiries occur. If you need a mortgage, do your fee purchasing within a focused period of time, such as 30 days, to avoid reducing your credit score score.

Tuesday, May 29, 2012

A Look At Buy Here Pay Here Financing- What Is It Exactly?

If you are looking to purchase a motor vehicle then you should acquaint yourself with the Buy Here Pay Here (BHPH) concept. You want to be able to trust in the dealership that you work with because you want a car that is dependable for your transportation needs. You also want to find a financing plan that is affordable for you and works with your budget and not against it. A new used automobile may be in your future if you are able to find a company that can tailor a financing plan to suit you.

Buy here pay here may sound like a strange term but it is actually relatively easy to understand. It is a form of financing for automobiles whereby the loan is set up and arranged through the dealership, as well as all future payments. It is a type of one stop shopping that is simple and convenient for both the buyer as well as the dealer. The person who wishes to purchase a car does not have to go to their bank or credit union for a loan but can do everything they need to at the dealership.

When you decide to take advantage of the buy here pay here model you buy a motor vehicle through what is known as in-house financing. By so doing you make an arrangement to make weekly or bi-weekly payments through the dealer as opposed to making your payments on a monthly basis to a traditional lender. Some dealerships that work with the BHPH option allow their customers to pay via telephone or the internet while others deem it a requirement for the individual to come into their business and pay with cash or a check. In this way you buy at the dealership and also pay at it.

There is not a great deal of difference between the buy here pay here car business and a traditional company that sells automobiles. There are many traditional dealerships that sell new and used cars that are now offering this type of financing to their customers. You may not see the exact words in a sign in the window of the establishment but if you see signs that read "Financing Available" or "We Finance" then that is the same idea. If you do not see any signs whatsoever that mention financing then do not hesitate to ask.

The main difference between a traditional company that specializes in the selling of cars and one that offers BHPH is the shopping experience that awaits the customer. When you visit a traditional establishment a discussion of finances often comes at the end of the discussion with the sales person. First, the prospective buyer will look around; ask questions and maybe test drive a vehicle or two. Talk of money comes later. At a buy here pay here business the process will be reversed. The conversation starts with money and credit and then comes the opportunity to look at the selection of cars available.

Monday, May 28, 2012

Financial News Rising Stars

Because of their youth, these young men and women have no preconceived notions of how things "should" be done, and are not constrained by a traditional mindset.

Feras Al-Chalabi
Partner, Odey Asset Management
Al-Chalabi joined Odey in 1999 and manages .2bn of long-only money. This year he has made returns of 11% for Odey's flagship continental Europe fund, ranking it in the top 10% of peers over one, three and five years. Al-Chalabi has focused on investing in luxury goods, a sector which has aroused fund managers' interests because of its exposure to high-growth emerging markets. He remains bullish on Europe "as focus turns from the pantomime of the PIGS (Portugal, Italy, Greece and Spain) to the boom times in Germany".

Reza Amiri
Founder, Susa Fund Management
Former Citadel portfolio manager Amiri launched his new fund Susa in March last year and since then it has returned almost 40%. He began his career as an M&A banker in New York before joining private equity firm Bain Capital and moving to London to focus on European buyouts. In 2003 he joined start-up hedge fund Bailey Coates, a spin-off from Perry Capital, then moved to Citadel in 2005. Amiri collects old stock and bond certificates, which decorate Susa's Berkeley Street offices.

Asita Anche
Managing director, Goldman Sachs
High-frequency, quant-driven trader Anche was snapped up by Goldman Sachs in August to help develop its fixed-income market-making unit. She graduated from the University of Illinois with a masters in computer science in 2009 and her first job was in the high-frequency trading group at Citadel in the US. Twenty months later she moved to the HFT team in Europe. In 2009, Anche joined Millennium Capital Management, which is renowned for giving traders a high degree of autonomy.

George Andreadis
Head of European liquidity strategy for advanced execution services, Credit Suisse
Former London Stock Exchange trader Andreadis is spearheading Credit Suisse's dark pool strategy. He works in the advanced execution services group and after four years at the firm has became the face of Credit Suisse on market structure initiatives. He narrowly missed out on winning the most promising rising star at this year's annual Financial News awards for excellence in trading and technology. During his six years at the LSE, he built and ran the Fix Gateway connectivity service.

Danielle Ballardie
Vice-president, equities electronic trading, Barclays Capital
Ballardie joined BarCap last year to run Liquidity Cross, the bank's fledgling anonymous trading platform, and has been charged with making it a market leader in Europe, the Middle East and Africa, in the face of stiff competition. Before BarCap, Ballardie spent eight years working for the London Stock Exchange on product development for its alternative trading venue Baikal, technology sales and the exchange's strategy and preparation for the European Commission's markets in financial instruments directive.

Julian Barnett
Founder, Ridley Park Capital
Formerly one of Polar Capital's top-performing managers, Barnett set up on his own last year after seven years at Polar. In the five years to 2008 he clocked an average annual return of 28% for the firm's 5m Paragon fund. And more remarkably, he returned 20% in 2008, when the average hedge fund was down almost the same amount. Ridley Park Capital the hedge fund firm that Barnett kicked off in June with 0m has since grown to about 0m. Barnett began managing money in UK equities at Close Brothers in 1999.

James Baugh
Director, client relationship management at Turquoise, London Stock Exchange
Baugh was promoted to his current role in February when the LSE bought multi-lateral trading facility Turquoise. He is spearheading its sales efforts and has already increased Turquoise's share of European cash equity trading from less than 3% to nearly 5%, grown its dark book to a leading position in Europe in terms of volume traded and migrated to a new low-latency technology platform in October. He was previously head of client management for the LSE's dark pool Baikal.

Mark Beeston
Chief executive, portfolio risk services, Icap
Former Deutsche Bank trader Beeston credits his father's influence for his "entrepreneurial spirit and drive". He joined Icap a year ago, charged with expanding its post-trade services division, and got off to a flying start with the acquisition of TriOptima, a post-trade infrastructure provider for over-the-counter derivatives, and is investing in collateral management messaging firm AcadiaSoft. He has also been promoted to Icap's global executive management group. Beeston says his greatest achievement was building credit default swap affirmation platform T-Zero, which is now part of IntercontinentalExchange.

Greg Best
Managing director, cash trading desk, Morgan Stanley
Best was widely regarded as one of Lehman Brothers' top cash equities traders, and was part of the team that built Lehman into a top-five equity franchise from scratch when he started in 1999. He joined Morgan Stanley in July to look after the so-called super sectors, covering technology, media and telecoms, natural resources and utilities. Industry insiders have picked him out as a future head of cash equities trading, because his in-depth knowledge and client relationships give him an edge as an execution adviser.

Stephen Birch
Partner and head of manager research, Hymans Robertson
The pensions industry is undergoing dramatic changes, and Birch is laying the foundations for both himself and his firm to not only embrace that change but thrive on it. Birch has been instrumental in transforming the manager research approach at Hymans, and his team now has responsibility for placing up to 10bn of UK pension fund assets per year with investment managers. Colleagues describe him as "a figurehead for external investment manager relationships in the UK institutional market".

Jeff Blumberg
Chief executive, Egerton Capital
After a decade at Goldman Sachs Asset Management, where he was chief operating officer overseeing the manager's external hedge fund investments in Europe and Asia, Blumberg quit this year to join hedge fund pioneer John Armitage's firm Egerton in June. He picked a high-calibre hedge fund to run Egerton's flagship long/short equity hedge fund has returned 16% annualised since it launched in 1994. Harvard-educated Blumberg has represented the US and Canada at international squash and is also a keen photographer.

Nils Bolmstrand
Chief executive, Skandia Investment Group
A Swede who studied in Spain and has worked in European, Asian, South African and Latin American markets brings a truly international flavour to Skandia's investment arm. Bolmstrand replaced Jamie Macleod in the top job at the UK's biggest multi-manager operation in September last year. He has been at the company since it launched in 2007, responsible for product development, distribution and managing relationships with other fund groups, and was previously in charge of Skandia Fonder, the Swedish fund management business.

Eamon Brabazon
Head of Emea private equity exit business, JP Morgan
Brabazon was named most promising rising star at the Private Equity News advisory services awards last month. Twelve months after he became head of JP Morgan's exit business, the bank has the highest deal tally of any bank this year at 23 either completed or in the pipeline, including the acquisition of Gatwick Airport by Global Infrastructure Partners. Brabazon is also a member of JP Morgan's liability management team. Outside work, he enjoys skiing, biking, boating and visiting his summer house in picturesque Irish coastal town Kinsale with his family.

Charlotte Burkeman
Co-head of prime brokerage, Emea, UBS
Burkeman is a driven saleswoman. Having started her career in Goldman Sachs' capital introduction team, she joined UBS seven years ago as part of the Swiss bank's push to break Goldman's and Morgan Stanley's stranglehold over European prime brokerage. In 2006 she moved to the US as UBS's global head of capital introduction and was promoted to co-head of US prime brokerage sales. In May, she moved back to London into her current role alongside Ashley McLucas.

Liam Camburn
Director, private equity transaction services team, Deloitte
An avid sports fan, Camburn credits his senior school economics teacher for diverting his attention from tennis and rugby to the world of business and finance.
He trained as an accountant at Arthur Andersen and for the past 10 years has provided financial due diligence for private equity deals. He worked for Andersen, Deloitte and KPMG, then spent a year as an investment manager at mid-market buyout house Rutland Partners before returning to Deloitte in July 2008.
He has worked on some of the biggest buyouts of the year, including three for US private equity giant KKR the 1.3bn acquisition of a majority stake in Nordic software services firm Visma, a 700m investment in aviation firm Grupo Inaer and the 995m acquisition of Pets at Home.
Despite the delicate state of the economy, Camburn says he is an optimist on macro issues, and believes uncertainty leads to opportunity. He follows the mantra of "getting the basics right and keeping things simple, or you end up building on weak foundations".
He still plays rugby every week, although he expects that will change in the new year with the birth of his first child.

Tavis Cannell
Managing director, special situations group, Goldman Sachs
Promoted to managing director last month, Cannell manages the private capital business of Goldman's special situations group, focused on investing in a range of opportunities across different industry sectors, including performing and non-performing debt, hybrid and junior financing, structured equity, and rescue finance both debt and equity. Before joining Goldman in 2005 he worked in Morgan Stanley's equity capital markets, M&A advisory and real estate private equity businesses and also as director for a logistics company in Kenya.

Maxime Carmignac
Portfolio manager, Carmignac Gestion
The daughter of the founder of 33bn French asset manager Carmignac Gestion, Carmignac this year returned to the firm she is tipped one day to lead. She manages the firm's only hedge fund, the 120m market-neutral fund she helped set up in 2007 before quitting to gain analyst experience at Cheyne Hedge Fund in London and Visium Asset Management in New York. She is applying a high-conviction approach at stock, sector and macro level to chase double-digit return targets.

Rose Chamberlayne
Senior associate, Lawrence Graham
Chamberlayne works for some of the world's richest families on dynastic structures for wealth preservation. She recently advised a high-profile family in the Middle East on a sharia compliant structure and is also focusing on asset protection, particularly for wealthy Russian clients. She has been liaising with Bahamian authorities on new legislation soon to come into effect, and is on course to become a partner next year. Her first baby is due in January.

Esther Chan
Portfolio manager, emerging market debt, Aberdeen Asset Management
Singaporean Chan's childhood ambition was to join the army, and although she hasn't fulfilled it she certainly enjoys gruelling physical challenges. This year she completed the Tough Guy race, an assault course through eight miles of mud, underwater tunnels, barbed wire fences, broken glass and fire walks, and has recently done a 134-metre bungee jump.
Chan applies her competitive nature to her work. She joined Aberdeen's Singapore office in 2005, helping to manage more than bn of hard currency assets in Asian bonds. She joined the emerging market desk in London in 2007 and works on a team managing nearly bn of emerging market bonds, specialising in Latin America and Asia corporate bonds. In the past 12 months she has driven the launch of a dedicated emerging markets corporate bond fund. Before Aberdeen, Chan worked for John Moore Associates as a corporate finance analyst, advising companies undergoing debt restructuring in Jakarta, Indonesia.

Tony Chedraoui
Founder, Tyrus Capital
Chedraoui's hedge fund firm Tyrus Capital was one of the biggest launches of last year, rapidly raising .8bn and closing to new money. He cut his teeth at Lehman Brothers, initially on the sellside and then running a proprietary trading strategy, before moving to Deephaven Capital, where he was in charge of its European event-driven business. Chedraoui studied at the American University in Beirut before winning a scholarship to do a masters degree at the elite Hautes tudes Commerciales in Paris.

First Step for Millionaires in the Making

There are roughly 9.5 million millionaires in the world, and it's more than likely 99.9 percent of them didn't get rich on their own.

According to the latest World Wealth Report released in June by Merrill Lynch & Co., the amount of worldwide millionaires jumped from 8.7 million due to a powerful global economy. The combined wealth of the world's richest is equal to .2 trillion, an 11 percent increase from 2005.

Expansion and emerging economies has played a tremendous role in the creation of wealth. The ranks are swelling in the United States and abroad, but the one truism about becoming a millionaire, whether it's in Europe, Asia or the U.S., is that you can't get their on your own.

My new book, How Come That Idiot's Rich and I'm Not, covers several topics, including how the rich attain their financial status through the help of others, which I call O.P. Power.

Some of the world's most successful individuals Donald Trump, Bill Gates and Andrew Carnegie didn't become a success on their own. They harnessed the power of other people, tapping into teamwork and surrounding themselves with those who had a common vision. If you attempt to do everything yourself, you will fail.

The study from Merrill Lynch predicts that by 2011, wealth among the world's rich is expected to eclipse trillion, rising at an average yearly rate of 6.8 percent. Nearly all of those who have and will become wealthy have assembled a dream team of individuals who represent both the power of the new entrepreneur and the seasoned professional.

After you've created the idea for getting rich, the first priority is to surround yourself with the people who can make that happen. Using their experience, their ideas, their time and their money is paramount to achieving success. You can have the vision on your own, but you're going to need to assemble a great team to realize that vision.

Friday, May 25, 2012

1 hour loans-is short in nature

Sometimes one has to face such situation in which there is no cash with you and meanwhile there are no relative to help them to overcome the situation of scarcity of money. Then at this time you can take the help of the private lenders who are providing 1 hour loans for meeting their unexpected expenses. It is always advisable to save some amount of money for the future use which is not possible in case of middle class people who are depending on the monthly salary to meet their day to day expenses for which they should take its help.

There are many lenders all around us who are there for the help of people by which individuals can easily fulfill all expenses which cannot be ignored, it has to be bear by the individuals .Hence they can take its help to get money which not only provide a support in the hectic situation but also makes them stress free in these situation. It is hassle free for which most of people like it much. The process of credit checking is not involved in it for which people having bad or poor credit records can obtain money without any difficulty. People having bad credit scores can easily improve their credit scores by which in future they will not have to face scarcity of money in future.

It is being regarded as one of financial assurance which provides to all types of people who ever require it. It is short term in nature by which short term requirements of expenses can be easily meet. In this one can get money up to 100 for a short duration. It is mostly used by people to meet expenses like payment of credit card installments. It is provide to people at various competitive interest rates.

In this one can acquire money without submitting any valuable asset against money borrowed with lender by which people get more flexibility to avail money from it. Money provided by lender through 1 hour payday loans doesn't include any restriction regarding their usage as lenders do not impose any restriction regarding its use. Due to short term in nature money is provide to people at high interest rates for which it is advisable to all to choose one who provide money to them at their term and conditions. Money borrowed is to be repaid by them on due date as in case of delay they have to pay extra money in form of penalty. Hence it is regarded as one best tool to grab money in less time.

Thursday, May 24, 2012

Universal Design: Perfect House Plans for Seniors

Multi-generational house plans are increasingly popular because lengthening life expectancy is allowing more of us to stay in our homes longer, rather than being shuffled off to a nursing home. Fortunately, these "retirement house plans" are also ideal for more youthful age groups. A few carefully designed features establish universal access for every individual. If you'd like your floor plans to serve as house plans for seniors as well, meditate on the following gathering of age-in-place design ingredients.

Common Characteristics of Age-In-Place Home Plans

1. Counters at multiple levels, or which may be adjusted in height, so people of all heights and those in wheelchairs can use them. (Age-in-place adjustments should include wheelchair users, since many of us must transition to wheelchairs as we get on in years.)

2. Anti-slip surfaces, to decrease the chances of taking a nasty tumble.

3. Single-story house plans. As we age, it becomes increasingly difficult to ascend and descend stairs. Once we shift to using walkers and wheelchairs, stairs become an impossibility.

4. Shelving Accessories, such as Pullout Gliders. Arthritis makes it hard for seniors to reach into deep cabinets. But in truth, people of all ages prefer pullout and pull-down shelving solutions - they make it much easier to organize and access cabinet contents.

5. Grip Bars in the bath and wherever a fall might happen, or where a person might need assistance in standing.

6. Elevators in Homes with Multiple Levels. This allows older people to easily access upper and lower stories.

7. Less than 5 Pounds Required. As we grow long in the tooth, our strength tends to fade. To adjust multi-generational house plans for this tendency, home designers make sure that nothing requires more than five pounds of force to operate.

8. Lever-style door handles are a good idea in house plans for seniors, since arthritis can make it difficult to perform twisting actions.

9. Total Wheelchair Access, particularly in bathrooms. To allow wheelchairs to enter, retirement house plans often incorporate walk-in tubs and lip-free showers. Moreover, there must be at least 60" by 60" of space in all living areas, so as to allow a wheelchair to turn. Lastly, it's smart to put a fold-down seat in the shower, to allow older people to rest as needed.

10. Lever Faucets. As with doorknobs, faucets in retirement house plans should be in the lever style, which is easier for those with arthritis to control.

11. Windows and Blinds that Operate Via Remote Control. Especially conscientious house plans for seniors will include remote-control functions for hard-to-reach elements.

12. Open Designs, which feature combined common rooms and minimize unnecessary walls. Open house plans for seniors might include a shared living/kitchen/dining area, which will allow more room for wheelchair users to maneuver. Moreover, open floor plans endow multi-generational house plans with increased visibility and more lines-of-sight. That way, occupants can monitor their environment by sight, rather than by sound. (Again, one's sense of hearing tends to deteriorate with age.)

13. Strong, Effective Lighting. To limit eyestrain and enable those with waning eyesight to carry out task work, house plans for seniors should feature bright task lighting near each comfortable chair and work area.

To double-check that your retirement house plans are truly universal in design, compare them against the ADA standards, sometimes referred to as ANSI A117.1.

Tuesday, May 22, 2012

A Brief History Of The Master Limited Partnership

In recent times, Master Limited Partnerships or MLPs have started to gain popularity owing to their steady returns, even during recessionary times. Even as the stock markets tanked in the wake of the sub-prime mortgage crisis, MLPs continued to deliver healthy returns. This is owing to the commodity nature of their business, dealing primarily with oil and gas and not subject to short-term variations. In other words, even during times of recession, people will buy gas and that ensures MLPs will deliver returns. And then there are the tax incentives.

Before embarking on the history of the Master Limited Partnership, let's first define what it is. As its name suggests, it is a limited partnership. It combines the tax benefits of a limited partnership with the liquidity value of the tradable stock. In order to qualify for an enterprise to issue Master Limited Partnerships it needs to earn 90% of its profits through activities related to natural assets, real estate or commodities.

The first MLP to be launched was one by the Apache Oil Company in 1981. Its aim was to tap smaller investors for capital while allowing them to become partners. This was soon followed by other oil and gas companies following suit, with real estate companies joining in as well. Legislators became concerned with the meteoric rise in MLPs, with restaurants, hotels, amusement parks and even the Boston Celtics going down this route in order to save on corporate tax.

As a result, new tax laws were formulated. The Tax Reform Act of 1986 and Revenue Act of 1987 put in place restrictions that adequately eliminated preferential tax treatment for all MLPs except those with 90% of their incomes derived from various natural resource activities, such as oil and gas exploration, production, transportation, and so on.

Consequently, many of the earlier MLPs ceased to exist, transforming themselves back to corporations. As of today, there are around 55 MLPs trading on American markets. Most of them deal with midstream energy distribution, transportation, and terminal assets. Some of the newer ones deal with industrial source carbon dioxide (include in the tax code in 2008), and the transportation and storage of ethanol, biodiesel and other alternative fuels (also added in 2008).

Like the S&P 500 and Dow Jones Industrial Average that track stock performance, MLP performances are tracked by the Alerian MLP index or AMZ. Alerian was founded in 2004 by Gabriel Hammond as an MLP asset manager. The AMZ was born on June 6, 2006, when JP Morgan formally announced its operation. The index is distributed everyday through ticker AMZX and is present on Alerian's website. In addition, S&P calculates 10 years of historical index data on both a charge and total return basis.

Some of the larger MLPs, by market capitalization, are Enterprise Product Partners (Ticker: EPD), Kinder Morgan Energy Partners (KMP), Williams Partners (WPZ), Energy Transfer Partners (ETP) and Plains All American Pipeline (PAA). The last year has also seen the launch of MLP mutual funds that have further opened up this sector.

Monday, May 21, 2012

Form 8K Reporting Of Reverse Mergers

On September 14, 2011, the Securities and Exchange Commission ("SEC"), Division of Corporate Finance issued its "Staff Observations in the Review of Forms 8-K Filed to Report Reverse Mergers and Similar Transactions," which summarizes SEC staff comments in response to reports on Form 8-K reporting reverse mergers with public shells or similar transactions resulting in an issuer ceasing to be a shell company, often known as a Super 8-K because of its requirement that the Issuer provide "Form 10 information".

These new requirements increase the appeal of direct public offerings and go public direct transactions for issuers who want to avoid the increased legal and compliance costs of reverse mergers. Reverse merger issuers often find their securities subject to Depository Trust ("DTC") scrutiny, DTC Chills and global locks because of the fraud associated with reverse mergers.

In its release, the SEC indicates that the Super 8-K filings often fail to provide required disclosures under Items 2.01, 5.01 and 9.01 of Form 8-K. The requirements of these items are summarized below.

Item 2.01 - Completion of acquisition or disposition of assets requires the issuer to provide information following a transaction that is outside the ordinary course of business. A corporate acquisition as well as an asset acquisition can result in a company no longer being a shell company. In the event that the asset acquisition results in a company no longer being a shell company, all information required in a Form 10 Registration Statement must be filed in a Super 8-K within four days of the completion of the transaction. The SEC release provides, "we frequently remind companies that Instruction 2 to Item 2.01 makes clear that the term "acquisition" includes every purchase, acquisition by lease, exchange, merger, consolidation, succession or other acquisition." Further, when a company's reverse merger or similar transaction includes an asset acquisition as defined in Item 2, then an Item 2.01 disclosure is also required.

Item 5.01 requires disclosures regarding a change of control. Issuers must include all disclosures required by Item 5.01 when filing a Super 8-K which include:

(i) identity of the person(s) acquiring such control;

(ii) date and description of the transaction which resulted in the change in control;

(iii) basis of control, including percentage of voting securities of the registrant now beneficially owned by the person(s) who acquired control;

(iv) amount of consideration used by the person(s) acquiring control;

(v) source of funds used by the person(s) acquiring control;

(vi) the identity of the person(s) from whom control was assumed;

(vii) any arrangements or understandings among the members of both the former and new control groups with respect to the election of directors or other matters; and

(viii) the information required by Item 403(c) of Regulation S-K.

Item 9.01 is the Financial Statements and Exhibits section of the Form 8-K. Issuers must include historical financial statements of the acquired private operating business. In particular, the Form 8-K must include two years of audited financial statements and unaudited reviewed interim periods to the date of filing. In addition, the issuer must include pro forma financial information accounting for the combined companies.

Copyright (c) 2013 Brenda Hamilton, Attorney

Sunday, May 20, 2012

Bad Credit Home Loan Pre-approval: A User's Guide

What is home loan pre-approval? Though many potential home buyers are familiar with the term pre-approval, many are ashamed to admit that they are clueless as to what it really means. This article seeks to shed some light on this important step in the home buying process as well as give you some basic definitions and tips as you move forward towards owning your own home. In addition, I will cover the basics of using the pre-approval process in getting a bad credit home loan.

Pre-Approval Basics

When people go into a bank or a mortgage broker looking to achieve a pre-approval letter to purchase a home, they will be subject to some intense scrutiny. Basically, the lender will ask to look not only at your credit report, but also all of your financial and income records for the past several years. This lender, who is about to give you a lot of money in order to purchase a new home, will need to take a deep look into your ability to pay each month in order to assess the level of risk that you will present.

Before You Go

Since the purpose of getting pre-approval is to show sellers that you are both willing and able to buy their home, you will want to make sure that you are ready for the challenge. This means that before you even set foot into a mortgage broker's office or call one on the phone, that you consider how much money you can comfortably afford each month in housing costs. Utilize free internet tools such as home loan calculators in order to have a clear picture of what you can afford each month. This will prepare you so you are not disappointed once the process starts.

Getting Your Pre-Approval

There are several documents that you will need ready when you go to a pre-approval meeting. This includes:

A lending application with a statement of goals (both financial and personal)

A purchase agreement for the home you presently own (if applicable)

Your most recent tax returns

A detailed list of monthly household expenses

Those with bad credit will also be responsible for explaining why their credit is in the position it is and will also need to furnish bankruptcy documents if this was a factor in your poor credit score.

Once all of these documents have been submitted and reviewed by a lender, they will get back to you with the details of your preapproval. This will include a list of all the appropriate numbers that apply to your home purchase. You will be told home much they will loan you, the rate of interest they will charge, the term of the loan, as well as the down payment they require.

Special Considerations for Bad Credit Loans

Those with bad credit will be subject to the same scrutiny as everyone else with the additional assessment of their current financial abilities as they relate to past mistakes. You will often have to account for the conditions of your bad credit and explain how you plan to remedy these problems in the future in order to get your bad credit home loan. Be prepared to incur a much higher interest rate than what you see advertised because of this circumstance.

Getting the Home You Want

From start to finish, getting bad credit home loan pre-approval will generally take 60-90 days. Afterwards, you will be given a letter to furnish to sellers with a statement that you can afford any offer that you put forth. Through this method, you are able to walk into the home buying process with a virtual blank check, ready to get the home you want.

How To Reduce Taxes On Your Bonus Check

If you are fortunate enough to be employed in this sluggish economy, that's good news. If you're even more fortunate to receive a bonus check, then you probably noticed a sizable percentage of that bonus check was lost to taxes.

Uncle Sam wants part of your bonus

The Percentage Method isn't a household name, yet it affects many Americans even if they know nothing about it. It's time to get educated. This is the method by which taxes are withdrawn from your bonus check. It's not necessarily fair or favorable if you're an average taxpayer.

At the federal level, this is a flat tax of 25% that's withheld from your bonus. It's a flat percentage at the state level as well, and the number varies depending on which state you are in. A flat tax is the same, no matter your income level or tax bracket. Even if usually get to keep 90% of your check, this flat tax is applied to your bonus check no matter what.

What can you do?

This flat tax is hard to avoid. We all hear about what happens to those who don't pay their taxes. They are fined or, if the dollar amount is high enough, must serve time in jail.

Is there any way to reduce the taxes on your bonus check? Sometimes you can reduce your taxes, depending on the situation. One way to avoid paying too much in taxes is to plan ahead. If you know that a bonus is in the future, increase your withholding allowances during the year. Withholding allowances during the year will translate into less income tax being withheld from your regular paychecks. This will in turn offset the high tax withholding from your bonus which will result in paying fewer taxes all the way around.

That's not your only choice. You might also want to raise your withholding allowances after you get the bonus and then fewer taxes are withheld for the rest of the year. Either way, you are paying less in taxes.

Not as easy as it sounds

Most of the time, a bonus check comes at the end of the year. So these are difficult strategies in that you don't want to risk under-withholding unless you are absolutely sure the bonus is coming. Otherwise it could turn into quite a mess.

Another method?

The Aggregate Method might be better for your situation. Allowed in many states, the aggregate method bases the amount of tax withheld on your wages. It also takes into consideration your tax withholding up to the date of your bonus check. The Aggregate Method allows your taxes to be calculated like your bonus is just a regular paycheck.
You will still be paying taxes. The Aggregate Method won't change that. Unfortunately, payroll software doesn't have the ability to recognize that your bonus is simply a single payment. In other words, the payroll software just assumes that your bonus check for ,000 is a regular payment that will increase your annual income. For just that one bonus, the software thinks that more taxes need to be withheld because it thinks you are now in a completely different and higher tax bracket. So it taxes you at that higher rate. Even with bonuses that are smaller, too many companies never realize there is a method to this madness and as a result, too many incorrect software calculations create bigger bonus problems for employees who'd like to keep as much of this extra money as possible.

The problem with bonuses

Even if your employer is on top of things and figures out your bonus correctly, your bonus is probably a higher dollar amount. It's usually higher than your regular paycheck and therefore there will be more taxes withheld. Such taxes are usually magnified. So this leads you to receive a smaller bonus check than you expected.

What else? If you are in a high tax bracket, and your employer uses the percentage method to determine the tax rate, you might end up under-withheld at the end of the year. For example, perhaps your federal tax rate is 35%, and only 25% is withheld. If you believe this could happen, call Human Resources or your Payroll Department and request that more taxes are withheld from your bonus check. Your employer is authorized to withhold more if you ask them. They just wouldn't be able to withhold less.

If you are getting a bonus and want to determine how much of the bonus you will get to keep, check out bonus calculators online. While you're at it, research the many ways you can understand your paychecks. You can learn about different numbers of allowances and how those different scenarios affect your withholding situation. You can find both regular paycheck and bonus calculators as well. Make sure to select your state to get accurate results.

Catherine Durkin Robinson is a contributing writer for, your information resource and community for money-saving tips and offers so you can shop, compare, and save money on just about everything.

Saturday, May 19, 2012

What Exactly Is Factoring Panama?

Who provides this service?

Factoring Panama is a financial service generally completed by large banks or perhaps very liquid companies to supply funds to businesses or people who require immediate cash financing. This is achieved by purchasing Accounts Receivables or perhaps invoices at a discount coming from businesses or people who need instant cash. For example, December is really a time when individuals splurge in electronic items using credit cards. If you possessed a web-based store, you'd like to cater to everybody who would like to purchase a laptop by selling the invoice to a "factor" or perhaps a business or a financial institution that buys receivables.

Explanation with numbers

If you place a mark-up of 20% on all your goods, and the "factor" buys your invoices at 5% discount, technically, you will still be making 15% from your financial transaction. Not just that, you're able to get instant cash through the "factor", get rid of the responsibility of collection because the "factor" assumes all of the credit associated risk after buying my invoices, and you are able to accommodate more people who want to purchase laptops. This is the way Factoring Panama works. This particular financial service is not new since it has been around since the 80s and also this is really a way for cash-strapped companies to improve cash flow. Additionally, availing Factoring Panama doesn't mean you will have debt. Because you have sold your own invoices to a "factor", without recourse, signifies that the credit risk changes to the person who bought your invoices.


Factoring Panama is often wrongly recognized as comparable to discounting invoices or accounts receivable, wherein they turn out to be collateral to funds that is lent to you by way of a financial intermediary. Factoring Panama differs since you do not have financial debt. However, as a merchant or perhaps business person, you need to investigate your clients' credit before selling them something because the "factor" will certainly decide to buy the bills according to your own clients' history of credit or rating if it is available. Good-paying clients' invoices will certainly be purchased by "factors".

In Summary

In doing business, always remember that cash is important. No matter how large the sales are typically certain time period, if you're not able to collect the funds immediately, then business won't grow as fast. Whenever much more merchandise is turned over and also clients are capable of paying faster, subsequently that is a good sign that your particular company is actually performing well. If your own capital revolves rapidly, it is always a good thing, but if it does not, there are financial services such as Factoring Panama just to save the difficulty of needing to wait patiently a long time for the capital to return. These services are readily available by the majority of Panama Bank.

Thursday, May 17, 2012

Gold Certificates - Pros and Cons

Gold Certificates And Their Pros and Cons

What are gold certificates? They are documents that prove you are the owner of gold which you don't physically hold. Normally, these certificates are issued by monetary institutions from where you purchase gold, and those financial institutions physically keep the gold for you. At least that is how it's supposed to work.

Possessing certificates of ownership is like putting your cash in a gold pool account. You hand over your cash to the company who executes the program, and when you cash out they give you any returns you will have accrued based on the present gold price. But they might not store any physical gold for you. Instead, they are believed to use your cash, and put it into whatever they are expecting to get the best returns rather than in gold, pay you the returns for gold, and pocket the remainder of their gains for themselves. That ignores the question of what happens if they make some poor investment calls and lose your money, and are not able to pay you your returns on the gold price? I'm not sure. What happens if the institution goes bankrupt what happens to your investment? If it's's not physical metal, I think it might disappear.

There are definitely positive facets of gold certificate programs. One is that you can fundamentally invest in gold at the official spot price without needing to pay any premiums for physical metal or pay any storage costs. Those premiums and storage costs can cut into your profits rather a lot, so gold certificates represent an alternative that offers you the most productive returns.

One possibility for gold certificates is the Perth Mint's gold certificate program. The Perth Mint's program is fully guaranteed by the governing body of Western Australia, which affords somewhat more of a sense of safety than having gold certificates from a private establishment that would go bankrupt and see your non-physical gold vanish. The Perth Mint's gold certificate program charges 1.75% costs on all purchases plus a certificate fee, and a 0.75% fee when you sell. This is much lower than the current premiums on physical bullion which have zoomed in the current precious metals deficit. There aren't any storage costs. There's a minimum primary investment of 00 Aussie dollars. The Mint says that each oz you purchase stays in-house of the mint and can not be taken away. Your investment is both government backed and insured by Lloyds of London. That is for basic unallocated storage ( but once again they do claim to store gold on premises for you, in some form ).

The Perth Mint also offers allotted gold storage programs, though this requires both storage costs and a fabrication fee ( to mold the gold into whatever form you choose to have put aside for you ).

Whether or not you invest in gold certificates will depend on how much faith you are prepared to put in an establishment to store your acquired gold product for you. I am personally someone who is prepared for the worst while simultaneously not paranoid, and looking for the best returns possible. Which has brought me to the conclusion that keeping a heap of bullion coins or cars as the basis of your portfolio is significant, but that on top of that base it is fine to widen and own certificates or other kinds of gold accounts that do not have allocated storage. I personally don't partake of the Perth Mint program or others like it, but I do keep gold in an e-gold account. I think those are fine as long as you know that there's a amount of risk, and pay attention to the markets while being willing to sell your certificates or egold if market demand really picks up. I would personally feel very little anxiety in investing in a Perth Mint account, though I would potentially stay away from a fiscal institution's certificate program.

Tuesday, May 15, 2012

The Mortgage Disclosure Improvement Act (mdia)

The Mortgage Disclosure Improvement Act goes into effect on July 30, 2009. Please understand that this is federal legislation that could affect your closing date. All mortgage professionals must comply with the requirements as noted below. A loan cannot close or fund unless it has met the requirements listed below. The requirement is applicable for all mortgage loans (unless exempted as noted below). It has been implemented to protect the consumer, but it could cause delays in the closing.

On July 30, 2008, Congress enacted the Housing and Economic Recovery Act of 2008 (HERA). Within HERA, Congress included amendments to TILA which are known as the Mortgage Disclosure Improvement Act of 2008 (MDIA). On October 3, 2008 Congress further amended the Mortgage Disclosure Improvement Act as part of the enactment of the Emergency Economic Stabilization Act of 2008 (Stabilization Act). With the enactment of HERA and the Stabilization Act, the Federal Reserve Board is now amending Regulation Z with all provisions of the MDIA and making these changes effective as of July 30, 2009.

The immediate changes you need to know about MDIA requirements are as follows:

1. MDIA implements a 3-7-3 rule that creates new timing and waiting requirements with regard to the issuing of Truth-in-Lending disclosures and when closing can occur. The 3-7-3 rule requires the lender to:

a. Upon the taking or receipt of a loan application, provide an initial Truth In Lending(TIL) to the borrower(s) within 3 business days of the application (no change to current requirement).

b. Impose a waiting period BEFORE allowing a mortgage loan to close. The waiting period requires a lender to wait until the 7th business day following the delivery or mailing of the initial TIL to the borrower(s) before a creditor may close any loan. The 7 day period may be waived only if there is a bona fide and/or extreme and/or urgent reason to do so. This would be handled in the same manner as a waiver of rescission, which is virtually impossible to achieve. Therefore, there will be virtually no waivers of the 7 day waiting period.

c. Impose an additional 3 day waiting period before a loan may close in any instance in which the Truth In Lending(TIL) is outside of regulatory tolerances (e.g., for regular or fixed rate loans more than .125% and for irregular loans more than .25%). The 3 day period begins with the mailing of the TIL. A corrected TIL is required whenever a TIL is outside of regulatory tolerances.

d. The TIL may be mailed via regular mail or overnight or by e-sign or e-mail. However the lender sends the TIL, they must still comply with the 3 day waiting period. MDIA does not assume a quicker waiting period might occur and does not allow the lender to proceed until after the 3 day waiting period has ended.

2. Lenders can under no circumstances collect any upfront fees prior to the consumer's receipt of an accurate TIL unless the fee is to cover the cost of the consumer's credit report.

a. The fee collected must be bona fide and reasonable (no padding of fees and do not collect a fee unless the consumer is actually responsive if there was no intent to charge them for the credit report).

b. A lender and third party such as a broker must adhere to the same rules regarding the collection of fees. If a third party forwards a consumer's written application to a lender, both the lender and third party do not collect any fee, other than a credit report fee if a credit report was pulled.

c. If a third party forwards a consumer's written application to a second creditor following a prior creditor/lender's denial of an application made by the same consumer (or following the consumer's withdrawal), where fees have already been assessed, the new creditor/lender or third party does not collect or impose any additional fee until the consumer receives an initial TIL from the new creditor/lender.

3. An initial Truth-in-Lending disclosure must now be issued on a closed-end principal dwelling and a second home whether transaction is a home purchase transaction, a new construction loan, or a refinance. Previously, initial TIL's were not required on refinances. The changes continue to exclude issuing an initial TIL on an investment property loan or a HELOC.

a.. For a primary residence, any non-owner occupant must also receive a copy of any TIL that is issued.

4. A new required "Notice" will be added to the TIL advising a consumer they are not obligated to proceed with the loan if they do not wish to do so.

5. No initial TIL is required if a consumer withdraws or is denied within 3 days receipt of the loan application.

6. Under the amended rules, a business day is any day other than Sunday or a legal holiday - which is the same as the current rescission day definition.

7. Any waiver of the 3 or 7 day waiting periods must be treated the same as waiving rescission. There must be a bona fide emergency before a waiver request will be considered.

a. A waiver when granted may not be a preprinted letter. The borrower(s) must handwrite a request to waive the 3 day or 7 day period and must describe the bona fide emergency.

b. Any waiver requested and granted must be signed by all parties that take part in the transaction.

8. MDIA does not amend any requirements specific to HELOC loans.

Saturday, May 12, 2012

Internet Piracy and Payday Loans

So you want the latest music release, but you've run out of credits on iTunes. It's on all of your friend's iPods, you know they got it illegally off the internet, and now you are tempted to do the same. Before rushing off into the seedy world of internet piracy, there are a few things you may want to know that could keep you from incurring costs that force you to the payday loan office.

There are many arguments out there for and against the ethics of illegal downloading. Some argue that it is blatant thievery, a complete disrespect for the law, and should be punished to the full extent. It is no surprise that most of these sentiments are vocalized by record company executives and musicians. These people generally claim that by downloading music illegally, internet users are stealing musician's hard work and taking away opportunities from up and coming talent. On the other hand, many argue that taking 99 cents from a multi-millionaire can hardly be seen as stealing, and that such arguments fail to understand that the majority of a band's money is made through concerts. Those who take this side tend to cast record executives as greedy capitalists who should be undermined for the greater good. Neither of these sides ever really focuses on the pragmatics of illegal downloading, which can be far more compelling of an argument.

Illegal downloading can save you money in the short term, as you can acquire movies, music etc. freely. However, should you get caught, be aware that the fines for illegal downloading are very high. A student in Boston was recently fined 5,000 for downloading and sharing thirty songs on the internet, and a woman in Minnesota was fined .9 million for illegally downloading 24 songs. We are likely to see more of these staggering fines imposed on illegal downloaders, as lawyers and executives are cracking down on the growing problem of internet piracy. The fees per song range from the relatively minor 0 to the major ,000. This is much more than any payday lender will advance you, so should you find yourself in this situation you may have to look elsewhere for help.

In addition to the legal costs of downloading pirated music and movies, you stand the very real chance of being stuck with computer costs as well. File sharing networks are notorious havens for computer viruses. These can range from the relatively benign to the entirely destructive. Even benign viruses can require a trip to the Geek Squad for those of us who are not experts in the field. A simple virus may be gone with a few clicks of a button, but more sophisticated ones will require you to reformat and reinstall your operating system or, even worse, require you to replace your computer completely. Although the latter situation is rare, it can and does happen. Thus, when confronted with the temptation to download music illegally off the internet, you need decide whether the immediate savings of 99 cents is worth the possibility of having to take out a cash advance to cover the costs of a new computer.

While several arguments abound for the ethics of internet piracy, the practical consequences can be much more compelling of a reason to keep away from such sites. Saving a couple dollars is just not worth the financial and legal trouble you could find yourself in.

Friday, May 11, 2012

What To Do When Threatened With Homelessness

If you are threatened with or made homeless, call into the Housing and Money Advice Centre as soon as possible. You will be given advice on what your rights are and where to find help. You have a right to apply to the Council's Homelessness team based at the Guildhall. Ask at the reception to speak to the person who deals with homelessness.

If you are 16 or 17 years old and have been in social services care in the past the Leaving Care Team of Social Services will probably still have a responsibility to provide accommodation. If you are 16 or 17 years old and have never been in Social Services care, or you are 18, 19 or 20 and were in Social Services care before becoming 18 you will have a priority need for emergency Council housing. Speak to staff at the Housing & Money Advice Centre or apply to the Homeless Team at the Guildhall


The Housing & Money Advice Centre provides a free and confidential service to the residents of Northampton on housing and debt issues.

Types of help available at the Centre for those who are homeless or those threatened with homelessness are : -

Accommodation lists giving details of privately rented accommodation in and around the Northampton area.
Use of a telephone to contact landlords for accommodation.
Information and leaflets on most benefits.

Staff are available to discuss your situation and offer advice on a range of issues such as:
Finding and keeping accommodation.
Renting in the private sector
Benefits and budgeting advice.

Assistance is given with completing housing benefit and housing application forms.


Looking at your housing options and advising the best move in the short, medium and long term.
Helping prevent homelessness by advising and supporting you, including attending Court and talking with other agencies.


Provides advice and assistance to tenants in the private sector who are experiencing difficulties and aims to prevent illegal evictions and harassment by landlords.



Offers advice and assistance on money and debt issues relevant to you and your home. These include:

Rent - mortgage - council tax - hire purchase - electricity - gas - water - banks - catalogues - credit cards - finance - loans - bailiffs - court fines - county court judgements - repossessions.


Once you have found temporary accommodation, you will need to consider your future housing option. You may consider


This is where you live in someone's house and pay them an inclusive amount for accommodation and some meals or where you live in a hotel or guest house. Remember housing benefit does not cover meals or other services


This type of accommodation is available to let from private landlords. You could get together with one or more friends and rent a house together sharing the living room kitchen and bathroom. It can be difficult sharing with people you do not know, so make sure you feel comfortable with the other occupants before you agree to share. The rents can be high as landlords can ask a 'market rent' and lettings are often on short term. Never sign an agreement without seeking advice first.

If you are going to claim housing benefit remember it may be restricted if you are paying above the market rent.

Staff at Housing and Money Advice Centres can help you decide whether you can afford this type of accommodation and whether or not a particular bed-sit offers you value for money.


Some types of employment offer accommodation, such as hotel work, if you are a student, the college may have accommodation


Anyone over 16 can apply to be housed by the council.
Application forms are available from all Borough Council housing offices. Completed forms can be returned to any office

Once you have made an application don't forget to notify the Council of any changes in your circumstances, especially if you change address.

Contact Northampton Borough Council on 01604 837890 or the Housing and Money Advice Centre for information and advice on the housing register.


These are organisations which own and rent flats, houses and bungalows. Some specialise in housing for young single people. A list of local Housing Associations is available from the Housing and Money Advice Centre. Most vacancies with Housing Associations are given to people on the Council's waiting list.


Talk to friends
Look in the local papers and shop windows for property to rent ads.
Northampton Borough Council has a waiting list, try to register on this. The accommodation may be cheaper than private rented but you will probably have to wait some time for council accommodation. This also applies to Housing Associations.
If you are a student, contact your Welfare or Accommodation Officer or approach your student union representative
The Housing & Money Advice Centre has accommodation lists. Landlords advertise there because it costs them nothing and landlords love free property advertising

If you are offered somewhere to live, don't be afraid to ask the landlord a lot of questions, especially before signing an agreement - try and have a really good look at the place.

REMEMBER - private landlords nearly always require rent in advance and a damage deposit

Questions you should ask the landlord

You should ask for a written contract and seek advice before you sign it
Who pays the electric and water rates?
Does the landlord live on the premises? This will affect your rights
Who is your landlord and whereas does he/she live? Landlords are required to by law to provide you with this information
Is there an inventory? If not make your own and give a copy to the landlord. List everything in the rooms and what condition it is in. The inventory should be signed by you and the landlord.
Find out exactly what the rent is, what you have to pay and what it is for.
Ask for a rent book and receipts for any money you pay to the landlord or agent. If your rent is due weekly, the landlord should by law provide you with a rent book.
Ask to see the Gas Safety certificates for any gas appliances i.e. gas fire, heating

Contact the Housing and Money Advice Centre if you have a problem with this




The Community Support Team is part of the Resources Team. They offer a service to young people between the ages of 16 and 17
They are based at 196 Kettering Road. They assist in finding accommodation and give advice on many aspects of young peoples lives i.e. health, education, emotional and behavioural development, identity, family and social relationships, self - care skills or are able to signpost to other agencies

For an appointment contact 01604 620343 Monday - Friday 9.30am - 4.30 pm


If you unemployed, are sick or on a low income you may be entitled to claim benefits. These could include Income Support, Job Seekers Allowance, Incapacity Benefit etc

If money is tight you may benefit from budgeting advice from a debt counsellor at the Housing & Money Advice Centre.

Most benefits are paid weekly or fortnightly in arrears and in some circumstances a Crisis Loan can be considered if you have no means to support yourself until your first benefit payment is due. This is discretionary interest free payment that will have to be repaid via deductions from your benefit

A Budgeting Loan can be considered when Income Support and Income Based Jobseekers Allowance have been in payment for 26 weeks. Budgeting Loans can be allowed for household items and rent in advance. Like a Crisis Loan, a Budgeting Loan is a discretionary interest free payment that will have to be repaid via deductions from your benefit

To enquire about benefits and for advice on how to make a claim contact the Job Centre at the following address:

Jobcentre plus
Frances House
21 Lower Mounts
Northampton NN1 3LY

Telephone 01604 446100

Benefit Enquiry Line 0845 6004258
Social Fund Line 01900 221379


It is difficult to find work if your are homeless. Casual work may be easier to find but look for permanent rather than temporary work

Most employers expect new employees to work at least a week before paying any wages and you might not always find work that will pay enough to cover the rent. You may still be entitled to other benefits - Housing & Money Advice staff can advise you of this.

Jobcentres also provide information, advice and various leaflets which you may find helpful in your search for employment


Many people not working or on a low income can claim help with their rent and should apply to:

Northampton Borough Council
Benefit Services
The Guildhall
Northampton NN1 1DE

Telephone 01604 837700

Application forms are available from the address above. If you claim Income Support or Job Seekers Allowance you should complete the enclosed housing benefit (NHB1) and council tax benefit forms and hand them to the DWP. However, you will still need to complete the Council's Housing Benefit Form.


You should complete a Pre - Tenancy Determination before you sign a tenancy agreement with a private landlord.

This will tell you if Housing Benefit will cover all the rent the landlord is charging before you commit yourself and move in. Forms are available from Benefit Services and the Housing & Money Advice Centre.

Housing Benefit does not cover any charges included in the rent for food, heating, hot water, lighting or cooking. You must pay these from your other income / benefit.

When you move into your new accommodation complete a housing benefit form immediately and return it to the Housing Benefit Section. Do not worry if you cannot supply all the proof and information required on the format once - you can send it in later if you delay returning the form you may lose benefit, and get into rent arrears.


Most single people under 25 who live on their own in self contained privately rented accommodation will not be able to get the full amount of rent paid by Housing Benefit

The Benefit will be based on the lower end of a single room rate assessed by the Rent Officer Service. This is a market based valuation for a single room with shared toilet and kitchen facilities and this will be the maximum amount of rent that can be used in calculating new claims


All new claims and changes of address claims for privately rented and Housing Association properties now have their Housing Benefit paid in arrears


Landlords who let any sort of property usually take a DEPOSIT from the tenants. This is kept to cover any costs the landlords may have if the tenant has caused any damage to the to the furniture or fittings. There are no benefits available to help you pay a landlord any deposit money, try to negotiate. Sometimes it is worth, if possible, paying the deposit in instalments.

Even if a landlord does not expect a deposit the chances are he / she will want RENT IN ADVANCE. The amount can vary, and again do not be afraid to negotiate .

If you are in need of rent in advance because you have nowhere to live you can apply to the DWP for a loan. The Housing & Money Advice Centre may also be able to assist.


It is important to remember you are never alone. There are many sorts of advice available in Northampton. The Library or phone book are good places to find out what is available locally. The following are just a few places where you can get help and advice.


8.00 am - 12 midnight telephone 0808 800 444

72A St Giles Street Northampton tel 0870 120 2433

2 St. Michaels Avenue Northampton tel 01604 637637 ( Available 24 hours )

THE LOWDOWN ( Advice & Counselling 16 - 25 year olds )
3 Kingswell Street Northampton tel 01604 622223

The Guildhall
St Giles Square
Northampton tel 01604 837837

Hazelwood Road Northampton tel 01604634400

3 / 7 Hazelwood Road Northampton tel 01604636112

THE JESUS CENTRE 2 Lower Mounts Northampton tel 0871 8712121


LONE PARENT HELPLINE tel 0800 018 5026

SUNFLOWER CENTRE tel 01604 233684

NATION DEBTLINE tel 0808 8084000


Senior Citizen In Need Of Stair Chair Lift - Is Medicare The Only Real Choice?

Stairlifts for senior citizens have turned into a hot topic these days. 3 factors. First, home sweet home. Just who wants to move out of their house, even if they've trouble navigating the stairs?! Next, there are huge numbers of seniors retiring each year, far more than before. Lastly, a lot of US home owners are trapped in their own houses, possibly because of their home mortgages under water, or unable to obtain funding for a brand new home.

Might your stairway lift be insured by Medicare health insurance? Stairlift price is not all that modest, it can cost as much as ,000 or more depending on your house. Therefore the question about stair lifts Medicare coverage makes much sense.

Of course, you might have really been having to pay in to the Medicare system your entire working life, you ought to be permitted to your payout as well. The truth is, there is certainly no published record that says that Medicare won't pay for your stairlift.

In terms of Medicare stair lifts for seniors, there are many caveats and road blocks on the way of finding as much coverage from Medicare health insurance as you possibly can. They're: Medical need, locating the right Medicare accredited provider of stair lifts, navigating the Medicare documents, persistance, and paying attention to for any possible alterations in Medicare program.

Health Need - Ensure You Get Your Medical Practitioner's Written Request To Insurance (Medicare) For The Stairlift

To enable you to be eligible for a a stairlift paid by Medicare insurance, you absolutely want to have a healthcare practitioner's written notice to Medicare asking for approval for repayment. It really is a type of an insurance claim. It is going to be very good to create the outline of your circumstance in your home for your physician so they can have a better notion as of the reasons why a stairlift will likely be the most advantageous. Medicare will almost certainly need to be sure that nothing else much less costly option is going to be sufficient to ensure movability.

Locating The Medicare Recognized Supplier Of Stairlifts

Medicare will exclusively work with the stairlift distributors which agree to the Medicare insurance schedule, either on an continuing basis, or on the case-by-case basis. Ensure that the stairlift company you select will be alright with the Medicare schedule. This is called a Medicare participating service provider.

Keeping Up With the Medicare Paperwork

From the initial gathering up of the supporting docs for the case, to the potential first denial letters, to your conversations with doctors and stairlift providers, keep comprehensive paperwork of all conversations, including the phone calls.


It is most likely that the initial Medicare insurance claim for home stairlift is going to be turned down. Tenaciousness pays in such a case. Examine any given reasons for the rejection and reapply with further documents, as reasonable.

Potential Adjustments Inside The Medicare Program

If you are in a need of a stairlift, at this time may be the ideal time to get it if you are signed up for Medicare insurance. However, the Medicare benefits are in danger of being decreased within the USA, which might affect your prospects of obtaining the maximal Medicare reimbursement on your stairlift. So be on a lookout for modifications within the Medicare law, and respond swiftly.

Wednesday, May 9, 2012

Aspects Involved In Real Estate Contracts

Real estate sales involve a contract, in which the cost of the property and the conditions wherein the transaction is made are drawn. A real estate contract is a means for sealing the agreement between the property seller and buyer. When you hear of a property being under a contract, it means that the seller has signed the contract and that the document has been sent to the buying party.

Real estate agreements involve contingencies, which protect the buyer in the event that he or she finds out that purchasing the property was a mistake. Contracts should include a section on contingencies, which may include rendering the seller liable for structural defects on the property. The buyer may render the contract void in case problems with the property are discovered days after signing the contract.

Real estate sale should start with a contract offer. When a contract offer is made, property assessment should follow and parties should agree on a sale price. The sale price will be used in calculating the final loan amount and down payment. If the resulting sale price is lower than the amount stated on the contract, the loan should be modified. In some cases, the seller may cancel the contract and walk away.

Look at it this way. If a property is sold at 0,000 with 10% down payment, the amount of the loan would be 5,000 and ,000 down payment. If the property becomes appraised at an amount lower than 0,000, the resulting sale price will be negotiated again. If the negotiations go smoothly, the buyer can obtain the property at the lower amount. But, if the seller does not approve of the change in sale price, he or she may refuse selling the property.

A contract offer should involve a binder fee. A buyer produces the binder fee or earnest money to show that he or she is serious in obtaining the property. The amount of the binder fee depends on the offering price.

A real estate contract is first created by a real estate lawyer, and then approved by the local and national real estate board. This contract contains sections that state the rights and duties of both the seller and buyer. What the contract should contain varies among states, but there are pieces of information that should be seen in all real estate contracts. The names of the seller and buyer and the detailed description of the property being sold are essential pieces of information that should be seen on the contract. The sale price should be indicated, as well as the binder fee or earnest money amount. The closing date should be stated. Of course, for that contract to be valid, it should bear the signatures of the seller and buyer.

Buying a property may or may not involve a real estate agent. You can always find properties for sale on the newspapers or on the internet. If you have already contacted the owner and the both of you are willing to make arrangements, you can phone a real estate lawyer to facilitate in the transaction. Your lawyer can create the contract, or they can read the prepared contract to see whether your rights are being followed.

Monday, May 7, 2012

Business Process Outsourcing Provider In South Africa Acquired By Globally Leading Bps Provider, Wns

Fusion Outsourcing has been acquired by leading global Business Process Outsourcing (BPO) company, WNS. As part of the agreement, Fusion Outsourcing will operate as one of WNS’s international delivery centers. It will benefit from expanded service offerings; access to international best practices and expertise, new best-of-breed systems and processes; as well as support from other global teams.

WNS, a globally leading high-end business process solutions provider listed on the New York Stock Exchange acquires Fusion in an effort to expand its delivery footprint. WNS has 25 delivery centers across seven international locations. Fusion’s rich talent and strong cultural work ethic will be key to WNS’s growth strategy.

Following its launch in 2004, Fusion Outsourcing has experienced rapid growth and is now one of South Africa’s leading BPO providers, offering the complete suite of contact centre services to more than 16 customers. Listed on the New York Stock Exchange, with over 24 000 employees and 200 global clients (many on the Fortune 500), WNS will help drive the next phase of Fusion’s growth.

Johann Kunz, Managing Director, Fusion Outsourcing commented: “Fusion Outsourcing has established itself as a leading customer service specialist both locally and globally. We are all excited to see the positive impact that WNS will have on our business; implementing its world-wide expertise and best practices to support Fusion’s ongoing expansion.”

Keshav R. Murugesh, Group CEO, WNS Global Services added: “Expanding our global delivery footprint and entering emerging growth markets are key pillars of our investment strategy. We believe that establishing operations in South Africa addresses both these objectives. WNS currently has several existing clients interested in services being delivered from South Africa to take advantage of the English language capabilities, rich talent and strong cultural work ethic. In the long term, we view this growing economy as an exciting end-market of global BPO services, especially in the areas of finance and accounting and insurance-specific services. We are pleased to welcome the Fusion team into the WNS family, and look forward to working together to take the company to greater heights.”

The Hindu Business Line reports that Mr Murugesh said the company has existing and prospective clients interested in services delivered from South Africa to take advantage of the English language capabilities, skilled talent pool and cultural work ethic.

“In longer term, we view this growing economy as an end-market user of global BPO services, especially in the areas of finance and accounting and insurance-specific services,” Mr Murugesh said.
Fusion provides outsourcing services including contact centre, customer care and business continuity services to both South African and international clients.

Book A Flat At Shivalik Greens Dehradun|new Residential Property In Dehradoon

Shivalik Greens is a new residential property for sale in Dehradun, which has been launched by J.J. Buildtech, one of the key providers of residential real estate property in Dehradun and other areas of Uttarakhand.

A residential property that offers a completely holistic living experience in the serene hills of Uttarakhand, Shivalik Greens gives you a chance to own your dream home perched up in the mountains of Uttarakhand, 2500 ft above sea level, a location that will offer a complete sense of peacefulness and serenity.

Luxurious and splendid, the residences at Shivalik Greens Dehradun include a set of 1, 4 and 5 BHK apartments for sale which will be built up over an area ranging between 1190 and 3390 sq. ft.

These lavishly equipped flats for sale at Shivalik Greens have been priced between Rs 30 and 86 lakhs.

Shivalik Greens is strategically located at the Dehradun Mussoourie Highway, an excellently constructed highway that connects the capital of Uttarakhand- Dehradun with the majestically beautiful town of Mussoorie.

The site enjoys a perfect location in the hills and a panoramic view of the mountains which are just a stone's throw away from this highly enviable residential property for sale in Dehradun.

Dehradun, being the capital city of Uttarakhand, all major points of interest lie extremely close to Shivalik Greens; and this includes not only commercial and recreational centers, but also some of the most picturesque tourist spots in Uttarakhand.

One of the most desirable properties in Dehradun, Shivalik Greens has been launched and is being developed by JJ Build tech, a well known developer of residential property in Dehradun, a brand name which spells innovativeness and classiness, which clearly reflects in all its residential properties in and around Dehradun.

Saturday, May 5, 2012

Basic Guide To Trade Finance

Trade finance is an important part of the business. It offers various aspects of managing finances for the company. Trade finance helps to generate, manage and establish various finance practices like working capital, factoring solutions, banking solutions, loans, guarantees, discounting, etc.

Various trade finance companies help to provide credit finance, export finance, credit protection, invoice collection services, etc. Trade finance companies help to reduce marketing cost and increase your trade profitability. They also help in increasing the sales by promoting the products, services or the website around the world. Trade finance companies also help in broadcasting the trade leads, generate new business and promote the company to new business groups or business ventures. Trade finance companies help in eliminating most of the commercial and political risk normally retained by the company or any small or medium business owner. These trade finance companies also provide 100% financing solutions. Some of these companies or agencies are factoring agencies also that help in facilitating international trade through factoring and other related trade finance techniques.

Export oriented trade finance companies provide finance support system for enhancing cash flow, reducing finance costs. Export trade finance companies or agencies also provide information and support for export working capital, Export Import Banks, financing, loans, loan forms, guarantees and forfaiting. It is important to know about some of the export trade financing companies, agencies, or financial institutions like AFIA, Export Express, Factors chain international, etc. Some agencies with their special trade finance programs and techniques help small and medium business owners to find needed capital to succeed. They also help in pre-order financing of labor, materials, goods, machinery, financing of receivables, issuing letters of credit, etc.

Apart from companies and agencies there are several government organizations that assist companies with their export venture. These federal governmental organizations offer services that range from export loan guarantees to loan assistance. They also serve as specialized associations that offer advice and counsel to interested small and medium business owners. Moreover, they also organize and provide seminars, lectures, convocations and publications on topical areas of trade finance techniques. They also server as a medium to exchange information between organizations, companies, agencies, that indulge in trade finance. Professional trade finance companies and institutions seek to promote good and moral trade practices amongst the trading parties.

Trade financing be it for the local market or the international market for exports, begins from the first stop at the banks. It is important to identify the source that provide trade finance or risk mitigation. Factoring, forfaiting, loans, bank guarantees, letters of credit, export financing are various trade finance practices.

Factoring allows the business owner to calculate the present value of future amount due or sale of a firm accounts receivable to a financial institution known as a factor. Invoice factoring helps the small and medium business owners to obtain immediate cash required for business without owning and debt or transferring business equity. These business owners sell their invoices in order to receive money today.

Forfeiting is a practice of trade finance, which is used as an alternative to the export credit or insurance cover. It allows exporters to obtain cash and eliminate their risks by selling their receivables on a 'without recourse' basis. These trade finance practice act as resources of fund management, credit management, loan elimination and increasing profitability by cutting administration and marketing costs along with the overheads.

Thursday, May 3, 2012

To Cope With Ad Hoc Expenses Cash Advance Loan

The basic purpose of cash advance loan is to cope with the cash shortfall that you may have encountered at a point, when you might not be in a position to cope with it. Cash advance loan is short term in nature, and are configured specially to meet the requirements of the borrowers. Cash advance loans are meant to bridge the financial gap in your present financial need and far away payday. Let us get to know all the relevant details about how and where you should make your search to find best nominal rates of cash advance loans?

Cash advance loan can prove to be most beneficial, when you have exhausted your entire salary. We all are aware of importance of time when it comes to financial matters. If you could not find financial aid at right time, then it might prove to be hardly of any use for you. While opting for cash advance loans you will have to consider its term of approval.

Cash advance loan can be used for any of your purpose. These loans have huge applicability and can be used to meet any of your urgent requirements like repair of your home, grocery expenses, telephone bills and many more.

The rate of interest of instant payday loans in the UK is high because of its short term nature and any deferment in the repayment of the loan amount would affect your credit record badly. However, with proper search you can find nominal rates.

For repayment of cash advance loans, you need to issue a post dated cheque, which will comprise of the lender's fees. You can make your search through various online sources. Compare and contrast well the quotes, offered by the different lenders and then only come to any decision.

An online search for cash advance loan will save much of your time and effort. You can find competitive rates due to fierce competition in the market.

Wednesday, May 2, 2012

Three Things to Remember When Buying Fixer Uppers

There's always risk involved when investing on real estate properties. More so if you're thinking of investing on fixer uppers. Not everything could be left up to luck. In fact, there are things you should do to make sure you're not investing on a lost cause. Unless you're buying a potential dream house, there are many things to consider when buying a fixer upper if you want a reasonable return on your investment.

It's quite exciting to find homes that look beautiful if only the lawn was properly maintained or if the house had a fresh coating of paint. It's even more particularly exciting because fixeruppers are usually undervalued. If you don't mind having a little project on your hand and if you really understand what you'll be getting into in terms of repairs or renovations, then it could be quite a diamond in the rough.

Here are a few things you may want to consider:

1. Location - It's still very important to consider where the property is located. Say for example you're looking through Long beach Island homes for sale and you find a fixer-upper, undervalued Long Beach Island real estate, that could be quite a find because the location is quite a desirable one. Just remember that no matter how well you fix up a fixer upper in a bad neighborhood you can't do much to increase its value because in real estate, location makes up for a lot of what the value of a real estate property would be.

2. Floor plan - One of the things that can help you increase the value of an undervalued property is adding a room into the floor plan or opening up an area of the house to make the layout a bit more aesthetically pleasing. However, since these home projects usually need time and money to complete, it's important that you buy a house that has a floor plan which you can already live with. It's going to be quite difficult to live in a house with two oversized rooms if you really need three rooms to accommodate your entire family. You can put in extra rooms and bathrooms later, but it's important that you'll be happy with what you'll have now.

3. Repairs - This is a crucial part of buying a fixer upper. Determine if the repairs that you'll need to do on the house is going to be worth the time, money and effort. Sometimes people look at the potential but underestimate the kinds of repairs that they'll be involved with once they buy the house. It's good to have experts look at the plumbing, HVAC, electrical system, roof, and the likes. Get an idea about how much it's going to cost to have systems replaced or repaired and see if the low price of the house is still attractive after you pile the cost of repairs you'll need to make afterwards. Also, take into consideration how long the repairs will need to complete because you may need to live with the mess for a while or maybe even look for alternate accommodations as the repairs are being finished, which puts more financial stress on you.