the first blog I made for this topic. Read it at: https://danielines.wordpress.com/2016/01/05/the-top-misconceptions-of-buyers/ I ONLY NEED DOWNPAYMENT TO BUY A HOME There's still a lot of home buyers who thought that after making sure that their loan is approved, they only need down payment money to buy a home. This is incorrect as there are other costs associated with home buying. Some of these home buying costs includes: •…
to pay for the house that we want. That is, which financing option is right for us? There are so many different options when it comes to financing your home that it might seem overwhelming at first, but by comparing the different types of mortgage loans, and creating a list of pros and cons of each, we can make it easier to choose which is right for us. The first thing we need to determine is what exactly a mortgage is. A mortgage is a document that makes property security…
States, homeownership is part of the “American Dream”, a subjective notion. Financially, this does not always make sense. This paper looks at the advantages and disadvantages of renting versus owning a home and explores the importance of performing a title search before entering into a purchase and sale agreement to buy a home. Advantages of Renting Career choices, family structure, health, and age drive personal financial planning. These same factors influence whether renting offers an…
Installment Loans Come Under Fire by the CFPB Regulatory Guns Installment Loans Come Under Fire by the CFPB Regulatory Guns The Consumer Financial Protection Bureau, which is usually referred to as the CFPB, has consistently cut through traditional checks and balances to expedite financial reform in the wake of 2008's mortgage and banking crisis. The bureau has used questionable techniques and astonishing speed in its investigations against the payday loan industry and other financial…
Besides your down payment, there are going to be other costs that you need to cover when you close the purchase of your new home. These are things like origination fees, title fees, taxes, and homeowners' insurance. How much will you need to budget for upkeep and maintenance? This is something many first-time home buyers don't consider. You will need to have money available to keep the home in good repair. That means budgeting…
When the British decided to migrate to Australia they had a precise idea that no one had taken ownership on the land that they had settled on and therefore declared the land Terra Nullius which means that the land did not belong to anyone. But in fact it did and there were already people who had claimed ownership of the land and were already living and breeding, through there own culture and ways on the estate, they were the aboriginal people. One of the major issues regarding Terra Nullius came…
Every company is headed by a board which is responsible for the profits or losses of the company. The board of directors is the most important decision making body within a company. The very same reason makes it important to place reasonable checks and balances on the directors so as to ensure that the actions of the directors are always in the best interest of the company. During the course of management of the company, the directors get to decide whether a company can enter into a lawsuit or…
Bankruptcy has become more and more prevalent in the past twenty years. With the high rise of bankruptcy, comes crime, bankruptcy fraud. Bankruptcy fraud can be done by either a business or an individual, this paper will only be about business bankruptcy fraud. What is bankruptcy? What chapters can a business file? What are the ways or types a business can commit bankruptcy fraud? What are the penalties for committing bankruptcy fraud? And what are some examples and cases of bankruptcy fraud.…
was the native title act. The native title act was passed in 1933 and it replaced a 17th century doctrine of ‘terra nullius’ that means (no one 's land) Captain cook reached this assumption as his belief of settled land had solid house with clear boundaries/fences the law was put in place by the early settlers the native title act was a massive leap forwards.The native title act was put in place by the government to - ‘‘To provide for the recognition and protection of native title. To…
Case Study Two The main point of the problem is the leadership skill of CEO and founder syndrome. The major point of the conflict started from the way that Julia was talking to the staff in front of clients. Although Julia Sullivan established the Parkview Community Health Center in the county of Greensville, she did not accept a more democratic, team approach. Being a founder, Julie handpicked the board members who are known to be personal friends. The board seems to be torn between its loyalty…