The Future of the Foreclosure Market - "Are we there yet"
As goofy as these guys can sometimes be, this one makes a lot of sense to me.
http://tbwsdailyshow.com/2011/05/04/department-of-justice-sues-major-bank-for...As goofy as these guys can sometimes be, this one makes a lot of sense to me.
http://tbwsdailyshow.com/2011/05/04/department-of-justice-sues-major-bank-for...Where to Go During an Earthquake
Remember that stuff about hiding under a table or standing in a doorway? Well, forget it! This is a real eye opener. It could save your life someday.
EXTRACT FROM DOUG COPP'S ARTICLE ON 'THE TRIANGLE OF LIFE'
My name is Doug Copp I am the Rescue Chief and Disaster Manager of the American Rescue Team International (ARTI ), the world's most experienced rescue team. The information in this article will save lives in an earthquake.
I have crawled inside 875 collapsed buildings, worked with rescue teams from 60 countries, founded rescue teams in several countries, and I am a member of many rescue teams from many countries. I was the United Nations expert in Disaster Mitigation for two years, and have worked at every major disaster in the world since 1985, except for simultaneous disasters.
The first building I ever crawled inside of was a school in Mexico City during the 1985 earthquake. Every child was under its desk. Every child was crushed to the thickness of their bones. They could have survived by lying down next to their desks in the aisles. It was obscene -- unnecessary.
Simply stated, when buildings collapse, the weight of the ceilings falling upon the objects or furniture inside crushes these objects, leaving a space or void next to them - NOT under them. This space is what I call the 'triangle of life'. The larger the object, the stronger, the less it will compact. The less the object compacts, the larger the void, the greater the probability that the person who is using this void for safety will not be injured. The next time you watch collapsed buildings, on television, count the 'triangles' you see formed. They are everywhere. It is the most common shape, you will see, in a collapsed building.
TIPS FOR EARTHQUAKE SAFETY
1) Most everyone who simply 'ducks and covers' when building collapse are crushed to death. People who get under objects, like desks or cars, are crushed.
2) Cats, dogs and babies often naturally curl up in the fetal position. You should too in an earthquake. It is a natural safety/survival instinct. You can survive in a smaller void. Get next to an object, next to a sofa, next to a bed, next to a large bulky object that will compress slightly but leave a void next to it.
3) Wooden buildings are the safest type of construction to be in during an earthquake. Wood is flexible and moves with the force of the earthquake. If the wooden building does collapse, large survival voids are created. Also, the wooden building has less concentrated, crushing weight. Brick buildings will break into individual bricks. Bricks will cause many injuries but less squashed bodies than concrete slabs.
4) If you are in bed during the night and an earthquake occurs, simply roll off the bed. A safe void will exist around the bed. Hotels can achieve a much greater survival rate in earthquakes, simply by posting a sign on the back of the door of every room telling occupants to lie down on the floor, next to the bottom of the bed during an earthquake.
5) If an earthquake happens and you cannot easily escape by getting out the door or window, then lie down and curl up in the fetal position next to a sofa, or large chair.
6) Most everyone who gets under a doorway when buildings collapse is killed. How? If you stand under a doorway and the doorjamb falls forward or backward you will be crushed by the ceiling above. If the door jam falls sideways you will be cut in half by the doorway. In either case, you will be killed!
7) Never go to the stairs. The stairs have a different 'moment of frequency' (they swing separately from the main part of the building). The stairs and remainder of the building continuously bump into each other until structural failure of the stairs takes place. The people who get on stairs before they fail are chopped up by the stair treads - horribly mutilated. Even if the building doesn't collapse, stay away from the stairs. The stairs are a likely part of the building to be damaged. Even if the stairs are not collapsed by the earthquake, they may collapse later when overloaded by fleeing people. They should always be checked for safety, even when the rest of the building is not damaged.
8) Get near the outer walls of buildings or outside of them if possible - it is much better to be near the outside of the building rather than the interior. The farther inside you are from the outside perimeter of the building the greater the probability that your escape route will be blocked.
9) People inside of their vehicles are crushed when the road above falls in an earthquake and crushes their vehicles; which is exactly what happened with the slabs between the decks of the Nimitz Freeway. The victims of the San Francisco earthquake all stayed inside of their vehicles. They were all killed. They could have easily survived by getting out and sitting or lying next to their vehicles. Everyone killed would have survived if they had been able to get out of their cars and sit or lie next to them. All the crushed cars had voids 3 feet high next to them, except for the cars that had columns fall directly across them.
10) I discovered, while crawling inside of collapsed newspaper offices and other offices with a lot of paper, that paper does not compact. Large voids are found surrounding stacks of paper.
Spread the word and save someone's life...
Nooshin Khosh
Everyday we see opportunities for investment in real estate. And at the same time we meet people who want to invest but do not have the necessary cash available to take advantage of the opportunities.
Have you considered using the cash available to you in your retirement account?
Under certain circumstances this can be done with out taxation or penalties, just like buying or selling shares of stock in your account.
First of all let's make it very clear that we are not financial advisors. We are not recommending that people participate in this investment option. And most of all, we strongly recommend that everyone seek advice from licensed professionals. We are only presenting an option for people to investigate and decide for themselves.
Nationwide there are billions if not trillions of dollars invested in individual retirement accounts like an IRA or 401(k). It appears that most of this money is invested in the public market and that over time it has garnered a decent income and growth. Did you know that there are many more investment options than most of us do not know about? I have done some reading on the web and have come across a couple of examples of how to move money into real estate investments. Many people think that to buy a rental house using their retirement account they must first withdraw the money, pay the income tax and applicable penalties and then use what is left to buy the property. Instead if they get good advice and proper direction it appears that they can use the funds in their retirement account to buy the property and hold it with in the retirement account and just another investment.
Here are a couple of web sites that present the whole program. We selected them randomly and do not recommend any one of them. They are in no particular order.
If this is something of interest to you, please contact us. We can help you with Residential Real Estate, Commercial Real Estate, Apartment Complexes, Retail Real Estate, Industrial Real Estate, and more.
There might finally be some good news this year about the nation's dismal housing market. Or, at least, the bad news could stop.
Either way, it will be welcome relief for current homeowners as well as for potential real-estate investors. Reasons to be optimistic have been sadly lacking since the housing bubble burst in 2006.
For sure, last week we learned the widely watched S&P/Case-Shiller home-price index fell 1% in December, its fifth straight decline. The index tracks 20 major markets.
But that figure belies real reasons to be optimistic, according to some experts. If they are right, it might make sense to jump into real estate. The trick is avoiding getting burned again, and it doesn't necessarily mean owning a home.
First, let's recap the economic signs a bottom is close.
Read more, click HERE!
The New Year has unfortunately not brought about the end to real estate and mortgage
relief scams. While a deep recession continues to affect the national and California economies, the business for swindlers is very good. They continue to sell false hope to and prey on vulnerable and unsophisticated consumers, and the bad players far outnumber those of us in the government who prosecute them. They advertise and cast their nets widely, using the Internet, newspapers, magazines, mail pieces, and radio and television,
This alert is written to remind you to be continually cautious and vigilant, and to give you
some important tools and red “warning” flags so that you do not fall victim to real estate
and home loan relief scammers.
The California Department of Real Estate (DRE) has issued prior topical warnings and
alerts to consumers about the rise of fraud in connection with pre-foreclosure and
foreclosure-related rescue, forbearance and forgiveness services, including loan
modifications, forensic loan audits, and short sales.
This is very informative, pass it on so others do not fall victim to the scams
