Hot News Journal

posted by hot news on Sep 30

A commercial mortgage is similar to a residential mortgage in that funds can be borrowed over a long period of time, usually a maximum of 30 years, secured by a first charge on the property being bought.

In taking first charge, the lender is first in the queue to recover any debt if the property ever needs to be sold. This could happen because the mortgagee wishes to move on and sells, or perhaps has defaulted on the repayments causing the lender to foreclose.

If a first charge business mortgage already exists, it is common for different lenders to advance funds secured by way of a second charge which puts that lender as second in the ’security queue’.

Unlike residential mortgages, almost all commercial mortgages are variable rate loans which fluctuate in line with the Base Rate set by the Bank of England’s Monetary Policy Committee. So, if a mortgage lender offers terms which include an interest rate of say ‘2% over base’ then a base rate of 4.5% would result in an interest rate of 6.5% being applied to the loan.

Some lenders will link their interest rates to LIBOR, which is the London Inter Bank Offered Rate. LIBOR is published every day in the Financial Times and can be found on a number of other financial websites.

Commercial Mortgages can be secured against all kinds of freehold or long leasehold properties, such as retail stores, pubs, care homes, restaurants, offices, industrial factory units and more. Applying for a commercial mortgage is very much like that of a residential mortgage except that the maximum that can be borrowed is 60% of the assessed Market Value, although one or two lenders will advancelend up to 75% depending upon the proposal.

These percentages are known as the Loan-to-Value ratio, or LTV. A lower LTV means that the risk to the lender is reduced. The higher the LTV, the greater the risk to the lender and it is likely that a higher interest rate would be charged.

Lenders will not usually advance above 75% LTV to ensure that there would be enough security in the event of a forced sale, perhaps through auction when it is expected that property will sell at a discounted rate. When looking for a commercial mortgage it is advisable to shop around for the best deals and to use a specialist commercial finance broker who will possess the necessary specialist knowledge to advise you accordingly.

posted by hot news on Sep 30

I wanted to tell you how much I am enjoying the results I’m getting by working out with my Plano personal trainer. She is highly professional, but personable enough to where it feels like I’m working out with a buddy rather than a trainer. She’s also very skillful and knowledgeable about the exercises I need to reach my fitness goals.

My personal trainer in Plano is also very dedicated to teaching me how to maintain my results. I also love how much variety she provides me with. It’s been six months since I started working out with my Plano personal trainer and I haven’t been bored or burnt out with my fitness regimen. I’ve learned the proper way to strength train and I’ve learned multiple ways to do cardio.

Before my trainer came along I thought cardio alone would get the job done; I was wrong. My in-home personal trainer Plano taught me that in order to get faster results as well as results that last, it takes a combination of both cardio and strength training. Getting an in-home personal trainer from Lady Trainers To Go has been one of the best decisions I’ve made in a long time. I don’t know what took me so long to get a personal trainer, but I’m glad I finally did. I plan on continuing my sessions even after I reach my goals. I personally feel that Lady Trainers To Go is a wonderful alternative for anyone who wants to get in shape without joining a gym. 

posted by hot news on Sep 30

Regardless of how experienced you are when it comes to working with computers, you might still be interested in a guide that teaches how to convert .flv to .avi. The information presented will definitely come in use the next time you want to modify FLV to AVI, meaning Flash video files to a more familiar extension (accepted by more applications). Luckily, one can find a professional yet free program functioning as a video converter. If you are looking to transform FLV videos, then you have every reason to read this tutorial until the last sentence.

What is the first thing that you have to do? Well, the answer is quite obvious. You should download the tool that you will use to convert FLV to AVI. Fortunately for you, others have thought about your needs and you can easily find a link that will lead you to the program download. The installation process is completed within a few minutes and you can proceed to the next step. Launch the .flv to .avi converter and select the file that you want to convert. If you are interested in converting several videos, then you should know that you have the opportunity to select them all at once.

When using the software to convert .flv to .avi, you can set a wide range of options regarding the conversion process. This means that you have the opportunity to improve the quality of the video that is about to be converted, even if that signifies a longer conversion process. If you are uncertain about any of the conversion options, then it might be for the best that you do not perform any changes. Finally, you can click on the mouse to convert .flv to .avi and be done with the whole thing in a matter of minutes. It is obvious that the conversion process depends entirely on the size of the document.

Even though FLV files are used on a wide scale, it is a known fact that .avi files are more popular. Using a free software to convert FLV to AVI is a great idea, allowing one to play different videos in tools like Windows Media Player or BS Player. The files can be converted in batches, without the speed of the conversion process being affected at all. Potential users are attracted by the friendly interface and they consider the software application to be quite easy to use, allowing them to convert FLV to AVI without any fuss.

By choosing a professional FLV to AVI converter, you can make sure that all your videos will be converted. The tool is 100% secure to install on your computer and you are offered a free trial period in order to discover its benefits. Instead of selecting softwares that do not seem reliable and capable of delivering the expected results, it is for the best that you find a trustworthy application. Choose wise and the FLV to AVI converter will transform your favorite videos into the desired format in no time.

posted by hot news on Sep 30

You can quickly get information overload with all the debt and credit books out there. You have one personal finance guru talking about how to improve your credit. You could have another one explaining different methods for paying down debt. Then the 3rd and 4th authors may say contradicting points of view. So who are you to believe?

You can find even more debt and credit tips online. With the current financial crisis there is only going to be more stuff put out there.

You do not need to spend a bunch of money on all the get out of debt books coming out each month. Kevin Trudeau seems to come out with a new book every few months. Controversy surrounds him so it would be best to read some reviews before you buy his books.

You could go to Amazon and read book reviews. You can look through the reviews on Amazon or Barnes and Noble and see if you need that book. You would get summaries of the book and get some useful some get out of debt reviews. You can find some useful information you need from the advertisements. This can give you an idea of what the most useful information is in the book.

But with the abundance of free tips out there a lot of it can get repetitive and dull. The simplest way to explain how to get out of debt is live below your means. You can look for ways to increase your income to pay toward your debt. This is reducing credit card debt. There are several ways to cut down your debts. You could also work at reducing your interest rate. Call your creditors.

Do not hide from your creditors. You’ll be better off if you’re proactive about your past due debts. Talk to your creditors when you are having problems and learn how to negotiate credit debt. Your creditors will be more willing to deal with you.

You can use these debt tips to help manage your finances. Take some action and get some relief from your debts quickly.

posted by hot news on Sep 30

Many homeowners are considering taking advantage of today’s historically low interest rates by refinancing their mortgage. In many cases, they are able to save hundreds of dollars per month by refinancing. Whether mortgage refinancing makes sense for you can be easily determined by doing some simple math.

The first consideration is how much lower your new interest rate should be than your current rate. There is a common belief that if current rates are more than 1.5 to 2 percentage points lower than your current rate, then you should refinance. That’s a good starting point, but there is more to the story than just the raw interest rate.

Your real concern should be the total cost of the mortgage refinance both in the short term and the long term. The total cost includes not only the monthly mortgage payment (principal plus interest), but the closing costs, as well. Closing costs typically include such things as:

 

 

• Appraisal fee

 

 

• Credit Report fee

 

 

• Processing fee

 

 

• Commitment fee

 

 

• Tax Service fee

 

 

• Flood Certification fee

 

 

• Discount points (if any)

 

 

• Title Insurance (based on mortgage amount)

 

 

• Recording/Notary fee

 

 

• Per diem Interest

 

 

• Real Estate Taxes

 

 

• Home Insurance (percentage of mortgage amount)

 

 

Adding all these up can easily run into several thousand dollars, even without discount points. This is money that must be paid at the loan closing. In the case of a mortgage refinancing, lenders often advertise “no closing costs”, which is a bit misleading. The truth is that there ARE closing costs, but they are paid out of the proceeds of the loan rather than the pocket of the homeowner. This is possible when the homeowner borrows against the equity in their home as part of the refinancing.

As an example, let’s say that your home is worth $175,000. Your original mortgage was for $125,000 over 30 years at 7% interest. You still owe $100,000 on the original mortgage. The closing costs for your refinance are $3,000. If you simply refinance the $100,000 amount at a lower interest rate you will reduce your monthly payments, but you will have to pay the $3,000 closing costs out of your own pocket. If you choose the “no closing costs” option, your $3,000 closing costs will be paid by simply borrowing the additional money against the equity in your home (i.e. the value of your home less the amount owed). Your mortgage will now be for $103,000 instead of $100,000.

So, what about that widely held 2 percentage points belief we mentioned earlier? The monthly payment for a 30-year $125,000 mortgage at 7% interest is $831.63. For your new 30-year $100,000 loan at 5% interest, the monthly payment is $536.82, a savings of almost $300 per month. If the new mortgage is $103,000, the monthly payment is $552.93, still saving you over $275 per month. In this scenario, considering only the monthly savings, you would recoup your closing costs in as little as 10 months.

Sounds great, right? Well, there’s another factor you need to consider. If your original mortgage was $125,000, you’ve been paying on it for 152 months to get the principal balance down to $100,000. Therefore, you have 208 months left before the mortgage is paid off under the original terms. If you continue without refinancing, you’ll pay an additional $172,978 (208 months at $831.63 per month).

If you refinance your mortgage for the $100,000 you currently owe, you’ll pay on it for 360 months at $536.82 plus the $3,000 closing costs for a total of $196,255.

$172,978 <– payout without refinancing

-196,255 <– payout after refinancing

-$23,277 <– difference

In this case, by refinancing you will end up paying an additional $23,277 for the new loan over the original mortgage. This works out to about $775 per year, which may be acceptable to you in order to have the lower monthly payment now. You are the only one who can make that decision based on your personal financial situation. The important thing when refinancing your mortgage is to consider all the ramifications.

This is another of today’s money secrets that can help you get the most for your money in today’s lending market!

posted by hot news on Sep 29

Vancouver Island is a large island in British Columbia, just off Canada’s Pacific coast, separated from the mainland by the Strait of Georgia. It is 460 km (286 mi) long and up to 80 km (50 mi) wide, a magnificent landscape of emerald forests, snow-capped mountains, flower-filled meadows, crystal-clear ice-cold lakes and rivers, and pristine coastline pounded by the Pacific Ocean. The island is paradise for outdoor pursuits enthusiasts, and it is one of the few places in the world where you can play golf and go skiing on the same day.

There are mountains down the centre of the island, the Vancouver Island Ranges, dividing it into the rugged and wet west coast and the drier east coast with a more rolling landscape. The highest point on the island is the Golden Hinde at 2,195 m (7,200 ft), lying within the Strathcona Provincial Park, and there are a few glaciers here, the largest of which is the Comox Glacier,

The west coast is rocky and mountainous, characterized by fjords, bays and inlets, while the. interior has many rivers and lakes, of which Kennedy Lake, northeast of Ucluelet, is the largest.

At the southern tip of the island is the elegant capital, Victoria, with its historic parliament, narrow streets dotted with cafes, pubs and colourful gardens, and boats floating lazily in the sparkling harbour. There is an abundance of sights to experience here, including the world-famous Butchart Botanical Gardens, with over a million plants. The gardens are divided into themed areas, such as Japanese or Italian, and each is a beautiful garden in its own right.

Activities available in this big outdoors include skiing, white-water rafting, caving, mountain biking, surfing, sailing, diving and snorkelling, bungy jumping and many other exciting pursuits. There are deep-sea fishing trips for halibut, salmon and chinook, whale-watching excursions or kayaking in the inlets of the Pacific Rim National Park.

Trekking and hiking through the wilderness is also popular here, and can be done on horse or on foot along the trails in the woods.

Wildlife viewing is becoming more and more popular, with black bears high on the wish-list, and ecotours by boat can offer sightings of bald eagles, sea lions and sea otters.

For Tasmania holidays, Melbourne Holidays and the best flights, visit Flight Centre. Flight Centre have a range of holiday packages for all tastes and budgets.

posted by hot news on Sep 29

You always buy a product with lots of expectations regarding its use and performance. With what we sometimes hear in the media, perhaps safety should be our foremost concern. But generally, this is overlooked because you expect the product to have gone through several checks to make sure it is safe for public use.

In spite of these checks, there might be a slip-up somewhere along the manufacturing line, and a defective item can slip through the cracks and end up on store shelves. The results of such a slip-up can be disastrous for some unlucky individuals.

If you suffer an injury or an accident due to a defective product, you can make a personal injury compensation claim as well as begin a product liability lawsuit against the manufacturer or the seller. In the case of a defective product that results in injury or harm you should contact a personal injury attorney who will advise you on how to proceed with your case.

For example, consider a situation in which you purchase a toaster and it malfunctions because of poor workmanship or design, and that malfunction results in injury to you or someone else using the toaster in a normal way. In a case like this you may very well be entitled not only to compensation for a defective toaster, but also for the damages and injuries caused by that malfunction.

There are law firms who specialize in cases like this and who are available to assist you. Their objective is to give an honest assessment of the problem and create a plan to expedite it effectively and economically. In the Portland Oregon area, a competent Portland personal injury attorney will offer a personal and supportive approach to clients seeking legitimate compensation. Because of the complexity of such cases trying to get appropriate compensation without legal representation is almost impossible.

posted by hot news on Sep 28

Mandalay, Myanmar/ Burma

In Mandalay, Myanmar/ Burma the average temperature is 27.00C (80.6F). 13.00C (55.40F) is the lowest monthly average low temperature (occurring in January) while 38.00C (100.40F) is the highest monthly average high temperature which occurs in April. Thus the average temperature range is 11.00C (51.80F). Wet weather in Mandalay adds up to a total average rainfall of 776.00mm (30.55in) per annum. That is equivalent to an average monthly rainfall of 64.67mm (2.55in). October is the month with the highest quantity of precipitation when 152mm (5.98in) of rain falls over a period of 7 days while in February only 0mm (0.00in) of rain falls over 0 days. Mandalay’s climate is furnished with 53 days per year with greater than 0.1mm (0.004in) of rainfall. Relative humidity at Mandalay averages 67.5% over the year. 49% is the lowest average monthly relative humidity which occurs in March and 77% is the highest average monthly relative humidity which occurs in October. Mandalay’s climate is furnished with 2991 hours of sunshine per year. That is an average of 8.19 hours per day. Daily hours of sunshine range from between 5.4 per day in August to 10.0 per day in January.

Get more in depth infomation regarding the Myanmar temperature by visiting the world climate averages website. Detailed and colourful climate graphs are available there that give further insight into how the climate is.

Mergui, Tanintharyi, Myanmar/ Burma

In Mergui, Tanintharyi, Myanmar/ Burma the average temperature is 26.58C (79.85F). 21.00C (69.80F) is the lowest monthly average low temperature (occurring in January & December) while 33.00C (91.40F) is the highest monthly average high temperature which occurs in April. Thus the average temperature range is 3.00C (37.40F). Wet weather in Mergui, Tanintharyi adds up to a total average rainfall of 4122.00mm (162.28in) per annum. That is equivalent to an average monthly rainfall of 343.50mm (13.52in). July is the month with the highest quantity of precipitation when 836mm (32.91in) of rain falls over a period of 26 days while in December only 20mm (0.79in) of rain falls over 2 days. Mergui, Tanintharyi’s climate is furnished with 158 days per year with greater than 0.1mm (0.004in) of rainfall. Relative humidity at Mergui, Tanintharyi averages 79.83333333% over the year. 72% is the lowest average monthly relative humidity which occurs in January, February, March, April & December and 90% is the highest average monthly relative humidity which occurs in July & August.

Rangoon/ Yangon, Myanmar/ Burma

In Rangoon/ Yangon, Myanmar/ Burma the average temperature is 27.42C (81.35F). 19.00C (66.20F) is the lowest monthly average low temperature (occurring in January & February) while 36.00C (96.80F) is the highest monthly average high temperature which occurs in April. Thus the average temperature range is 5.00C (41.00F). Wet weather in Rangoon/ Yangon adds up to a total average rainfall of 2529.00mm (99.57in) per annum. That is equivalent to an average monthly rainfall of 210.75mm (8.30in). August is the month with the highest quantity of precipitation when 574mm (22.60in) of rain falls over a period of 25 days while in December only 3mm (0.12in) of rain falls over 1 days. Rangoon/ Yangon’s climate is furnished with 125 days per year with greater than 0.1mm (0.004in) of rainfall. Relative humidity at Rangoon/ Yangon averages 74.41666667% over the year. 62% is the lowest average monthly relative humidity which occurs in January and 87% is the highest average monthly relative humidity which occurs in August. Rangoon/ Yangon’s climate is furnished with 2452 hours of sunshine per year. That is an average of 6.72 hours per day. Daily hours of sunshine range from between 2.5 per day in July to 9.7 per day in April.

Keetmanshoop, Karas, Namibia

In Keetmanshoop, Karas, Namibia the average temperature is 20.88C (69.575F). 6.00C (42.80F) is the lowest monthly average low temperature (occurring in July) while 35.00C (95.00F) is the highest monthly average high temperature which occurs in January & December. Thus the average temperature range is 13.50C (56.30F). Wet weather in Keetmanshoop, Karas adds up to a total average rainfall of 138.00mm (5.43in) per annum. That is equivalent to an average monthly rainfall of 11.50mm (0.45in). Keetmanshoop, Namibia’s climate is furnished with 30 days per year with greater than 0.1mm (0.004in) of rainfall. Relative humidity at Keetmanshoop, Karas averages 19.75% over the year. 14% is the lowest average monthly relative humidity which occurs in November and 26% is the highest average monthly relative humidity which occurs in June. Keetmanshoop, Namibia’s climate is furnished with 3876 hours of sunshine per year. That is an average of 10.62 hours per day. Daily hours of sunshine range from between 9.6 per day in June to 11.9 per day in December.

Find out more about the climate in Namibia at the average weather & climate website. They provide colourful Namibia climate graphs highlighthing all the key characteristics of the climate.

Rundu, Kavango, Namibia

In Rundu, Kavango, Namibia the average temperature is 22.42C (72.35F). 6.00C (42.80F) is the lowest monthly average low temperature (occurring in June, July) while 35.00C (95.00F) is the highest monthly average high temperature which occurs in October. Thus the average temperature range is 9.50C (49.10F). Wet weather in Rundu, Kavango adds up to a total average rainfall of 577.00mm (22.72in) per annum. That is equivalent to an average monthly rainfall of 48.08mm (1.89in). February is the month with the highest quantity of precipitation when 147mm (5.79in) of rain falls over a period of 13 days while in June only 0mm (0.00in) of rain falls over 0 days. Rundu, Kavango’s climate is furnished with 60 days per year with greater than 0.1mm (0.004in) of rainfall. Relative humidity at Rundu, Kavango averages 36.66666667% over the year. 22% is the lowest average monthly relative humidity which occurs in September and 53% is the highest average monthly relative humidity which occurs in February.

Walvis Bay/ Pelican Point, Erongo, Namibia

In Walvis Bay/ Pelican Point, Erongo, Namibia the average temperature is 16.83C (62.3F). 8.00C (46.40F) is the lowest monthly average low temperature (occurring in July & August) while 24.00C (75.20F) is the highest monthly average high temperature which occurs in April. Thus the average temperature range is 6.00C (42.80F). Wet weather in Walvis Bay/ Pelican Point, Erongo adds up to a total average rainfall of 23.00mm (0.91in) per annum. That is equivalent to an average monthly rainfall of 1.92mm (0.08in). March is the month with the highest quantity of precipitation when 8mm (0.31in) of rain falls over a period of 2 days while in January, October, November, December only 0mm (0.00in) of rain falls. Walvis Bay/ Pelican Point, Erongo’s climate is furnished with 16 days per year with greater than 0.1mm (0.004in) of rainfall. Relative humidity at Walvis Bay/ Pelican Point, Erongo averages 22.5% over the year. 11% is the lowest average monthly relative humidity which occurs in September and 35% is the highest average monthly relative humidity which occurs in February. Walvis Bay/ Pelican Point, Erongo’s climate is furnished with 2646 hours of sunshine per year. That is an average of 7.25 hours per day. Daily hours of sunshine range from between 6.3 per day in September to 8.1 per day in May.

Windhoek, Khomas, Namibia

In Windhoek, Khomas, Namibia the average temperature is 19.33C (66.8F). 6.00C (42.80F) is the lowest monthly average low temperature (occurring in July) while 30.00C (86.00F) is the highest monthly average high temperature which occurs in January, November, December. Thus the average temperature range is 10.50C (50.90F). Wet weather in Windhoek, Khomas adds up to a total average rainfall of 370.00mm (14.57in) per annum. That is equivalent to an average monthly rainfall of 30.83mm (1.21in). March is the month with the highest quantity of precipitation when 81mm (3.19in) of rain falls over a period of 8 days while in August only 0mm (0.00in) of rain falls over 0 days. Windhoek, Khomas’s climate is furnished with 41 days per year with greater than 0.1mm (0.004in) of rainfall. Relative humidity at Windhoek, Khomas averages 32.66666667% over the year. 18% is the lowest average monthly relative humidity which occurs in September and 51% is the highest average monthly relative humidity which occurs in March. Windhoek, Khomas’s climate is furnished with 3605 hours of sunshine per year. That is an average of 9.88 hours per day. Daily hours of sunshine range from between 9.0 per day in February to 11.0 per day in August. Get more in depth infomation regarding the Windhoek climate at the average weather & climate website. They provide colourful Windhoek, Khomas climate graphs highlighthing all the key characteristics of the climate.

posted by hot news on Sep 28

The most important thing a soccer coach must do is come to practice with enthusiasm.  The energy the coach brings to practice will radiate throughout the team.  They must stay positive and always push their players in a positive manner.  When creating soccer drills for kids, the coach must keep in mind the skill level of their players.  If drills are not challenging enough they players will get bored and start to dis-engage.  Drills that are too difficult will result in a practice where you end up stopping and starting too much, disturbing the flow of a good practice.

Good soccer drills will involve game like situations where the kids learn to recognize certain situations.  Hopefully in the games they will recognize these situations and implement them when it counts.  Another quality of a good drill is that it conditions the players at the same time.  No one likes to line up and just do conditioning drills all the time.  They are mindless and most players hate them.  If you implement good youth soccer drills then the players will have plenty of conditioning and you won’t have to waste time running sprints at the end of practice.

Take command of the practice from the start.  Players will learn that once you step ont he field it is time to take care of business.  If you allow too much dilly daly and it takes a while to get into the practice it has an affect on the habits your team will create.

The drills, energy, and mindset the coach brings to practice are critical to your soccer team’s success.  Prepare well and push your players in a positive manner and you will have success!

posted by hot news on Sep 28

So, why is buying a MLM lead list a bad idea? Some may say it really works, and is worth spending money on a list of leads even if it just puts 1 or 2 people in your business opportunity. Really? Let’s say you buy a list with 100 people on it for $50.00. You call them all up and end up sponsoring 4. You rejoice because you sponsored 4, after all, it is a numbers game, right? Wrong!

This is one main reason why buying a lead list is bad. It treats people as a number and not as a person who is looking for a good opportunity that can change their lives. Secondly, it produces a pee-poor attitude in you, the recruiter, who cannot see them as anything else but a number that benefits you. Shame on you and your upline. They taught you wrong.

Third reason is this. You do not know anyone on that lead list. You are starting off in the same disposition as a spammer. What benefit does that give you? Wouldn’t you rather have a lead list of 100 people that you generated, instead of bought. Now you own that list, and everyone on that list has searched for you and given you that ownership. This means if 4 out of the 100 become part of my business, and the other 96 do not, I have not lost anything. I still have 96 people that have ascribed value to me and trust because I gave them something that benefited their lives. I can still have the potential of making money with them in other things I can offer aside from the MLM opportunity. Understand?

Many already have an opportunity they are involved with. I may end up just becoming an information coach to them helping them do their business better. A list is built when we build relationships with people over time and when we can become a trusted, valuable, reliable source of beneficial. A lead list is a relationship list of mutual benefit between parties. Friendships are established that last for many years to come. See, these people on my list are not numbers, they are people with hopes and dreams, aspirations, and families. They hurt, they laugh, they sing, they suffer and abound, just like us!

So, what type of list do you have?

Article written by Joseph Young, freelance writer, developing artist and MLM coach.