Jack and Mary were desperate. Mary received a big promotion in another state and Jack was looking for a new job in the same city. It was just too good to pass up. Mary was a rising star in the health care industry and with the huge pay boost and promotion it was a job she had dreamed of ever since leaving graduate school armed with her MBA. Jack was a natural born salesperson and could work anywhere selling just about anything. He liked high tech sales in the high ticket electronics field and was close to catching on with a company in the same city as Mary’s new job. One problem, they had a large house to sell in a very slow and slumping real estate market.
Jack and Mary counseled with the local real estate ace that had long been the resident expert Realtor for their community. They had been in their home for six years and with the past real estate surge they had lots of equity now. Because this was happening so fast, Mary moved to a small apartment near her new job. The relocation price offered by the company was way too low for what they felt they could command in the market. This option was rejected. With ongoing brain storming with Tyler the Realtor, the scenarios included, lease options, lease purchase, and a seller held second. The lease scenarios would be the iffiest of the three. Jack and Mary instructed Tyler to hold the price and offer to pay the selling Realtor a selling fee plus a bonus of $2,500 and agreed to pay the closing costs and prepaid expenses (pre-paid interest, tax and insurance escrows) up to an offered $14,000. Likewise, Tyler was instructed to offer through the MLS selling terms to include a seller held second of 5% to 10% of the purchase price. The list price of $475,000 would mean that the Jack and Mary were willing to hold a second mortgage of 5% Loan To Value (LTV) or $475,000 x 5% = $23,750 or 10% LTV at $475,000 x 10% = $47,500.
Tyler, the listing Realtor, had been in discussion with a mortgage broker active in their area and had some clients that could only get a 90% to 95% LTV first mortgage. They had some credit dings, which were holding them back. Each had fully documented income and was making good money. There were valid reasons for their rocky credit history and both needed time to rebuild their credit. Tyler showed the home to both the prospective buyers who had credit challenges. The first couple didn’t like the kitchen layout or the back yard size. The second couple liked the house and had similar reservations but with the flexible financing they figured they could live with it and make changes and improvements down the road when they could refinance down the road and get sufficient monies to do some home improvements.
Jack had closed up the house and had moved with the furniture in tow to join Mary at her new location. The furniture was put into storage in hopes that it wouldn’t be there long with Realtor Tyler on the case. Jack had been actively working on his job hunt in the new city for two weeks now. Tyler was now on the phone presenting the offer from the buyers who needed seller help. The buyers would need Jack and Mary to pay $15,000 in closing costs and prepaid expenses. Tyler was making the deal himself so there was no bonus involved. The offer was based on a seller held second mortgage of $47,500 with an interest rate of 10% with a 30-year term and a three-year balloon. The payments would be $416.85/month. At closing, Jack and Mary would payoff their first mortgage of $200,000 and would get somewhere around $188,000 in cash at closing and the seller held second of $47,500.00 paying $416.85/month. Tyler went on to explain that the buyers were putting very little of their own money in the deal and explained the downside risk involved if the buyers defaulted. The only way they could protect their 2nd mortgage equity would be to buy in the first mortgage or just take the loss. Tyler and the mortgage broker, with the buyer’s permission, indicated that Jack and Mary were in essence underwriting the 2nd mortgage loan on part of the buyers. It was up to them to pass or deny.
On weekends Jack and Mary were looking at new homes, which might meet their needs. One in particular, due to the soft market, the builder was offering major concessions and sales inducements including paying all the closing costs and prepaid expenses. With potentially $180,000 cash available for any purchase they were looking at a builder deal loaded with incentives for a home worth $750,000, which they could now buy for $650,000. The nagging fear was what would happen if the 2nd mortgage payer defaulted. Since, it was up to Jack and Mary to pass on the buyer’s credit worthiness, with the buyer’s permission, they went over their entire credit package and personally interviewed them on the phone to find out something of the character of the buyers and the back ground of the of how the credit dings had taken place. It turns out it was a temporary medical problem that had put them behind the eight ball and precipitated their credit dings. Jack and Mary decided to take the deal. Since the buyers had been already pre-qualified, the sale took place in two weeks.
Jack and Mary, with closing funds in hand, closed moved into their new home. Six months had passed and the buyer’s of their prior residence had made their second mortgage payments on time as agreed. The home had everything they wanted in a home except a pool and spa. The dilemma for Jack and Mary, even though they had got an incredible interest rate in the soft market they were reluctant to incur any additional debt with the 2nd mortgage paying off in now 2.5 years. Jack received a letter in the mail from an investment note buyer who was offering to buy the note at a discount since the note now has some “seasoning”. Running the math, with the investor getting a 15%+ yield on a 10% face rate ballooning in the next 30 months were offering to buy the note for $42,900 cash. Just for grins, Jack being the super salesman and dealmaker had been working on construction quotes with a pool contractor. He had managed to negotiate a $5,000 reduction and could put everything they wanted for $40,000. Pool contractors were slow right along with the rest of the real estate market. Jack and Mary showed the documentation to the note buyer that indicated six months of on time payments together with copies of the note and mortgage. The note was sold netting out $42,000 in cash. The pool was built the following week. Life was good.
Soft markets can lead to flexible terms which can help complete real estate deals. Keep and open mind. There is more than one way to skin a…real estate deal.
Dale Rogers
http://www.sellerhelpsbuyer.com
http://www.brokencredit.com
Southern Vermont is the home of the superb Mount Snow, closest major ski area in the northeast to nearby metropolitan areas. Winter sport fans from the New York metropolitan area and the mid-Atlantic area, drive north to escape for alpine skiing, with a variety of novice and intermediate cruising trails on the main face or Carinthia, or for more challenging expert skiing, try the North Face. Located Featuring 26 lifts and more than 135 trails, the top elevation at Mount Snow is 3600 feet, with a vertical drop of 1700 feet. There are 20 chair lifts and six surface lifts available.
The Mount Snow Ski Club is an active member of two competition communities, the United States Ski and Snowboard Association (USSA) and the United States of America Snowboard Association (USASA). They promote recreational and competitive winter sports, hosting major ski races for over 40 years. Their recent achievements have been “Snowboard Junior World Champions,” “US Champion”, and the “2002 Olympic Gold”, in addition to the “Freestyle Skiing Junior National Mogul Champion” and the “National Upright-Combined Champion”. Their Alpine Training Center at Mount Snow offers training to all young children interested in on-snow training and competitive skills.
To add to the skiing activities, snowboarders are welcome at Mount Snow, with a “kids only” terrain park as well as a special tubing park. The Grand Summit Hotel and Crown Club sits right off the slopes, and guests enjoy a heated outdoor pool and ski in/ski out accommodations. Different winter ski vacation packages are available with many great deals designed to save the families money. Child care is available at Mount Snow, and the youngsters will be well cared for, learning to ski as well. Mount Snow is very family oriented. They have a unique ‘back-to-base’ trail system used, that keeps everyone in the family from getting lost. Kids under six can ski and ride for free. When an adult buys a 3 to 5 day ticket during mid-week, their child receives a free ticket for that same time period as well. During January, the “Kids Ski & Learn Free” weeks seem to be the most popular family deals. Both group and private lessons are available for both adults and children.
For those sore muscles and tired bodies after a day on the slopes, Mount Snow features a full service health spa that you should take full advantage of. A variety of massages are offered, as well as various skin treatments. Spa packages are also available, and the spa caters to couples as well, with wedding parties welcome. There is also a fully-equipped health club and fitness class offered.
The total packages of winter activities at Mount Snow includes snowmobiling, snowshoeing, tubing, cross country skiing, and sleigh rides. There is a ski shop on the premises and rental equipment is available for those who do not have any. There are several restaurants and bars on the mountain to choose from as well. Again, Mount Snow is family oriented. You will find that this is a very safe environment for your entire family, where you can relax and have fun. Be sure to ask about the family deals when you call for reservations or information. There is always something for everybody!
When you’re camping, your tent is the most important piece of equipment. Without a tent, you are nothing! You need one that will keep you dry and warm (but not too warm). There are a huge huge range ot there on the market and it can be difficult deciding what to buy but here are a few tips to help you on your way.
There are so many different tents oit there on the market that it may be difficult to know where to start. from a simple one person tent which will fit easily into your rucksack, right up to an eight berth monster, with all mod cons including spa pool and massage table ok, perhaps that’s a bit far but you get the idea!). As with everything camping related, your tent needs to fit the purpose that you’ll be using it for. If you will be carrying the tent in a rucksack, then the weight and dimensions when packed are very important. If you are camping with the family, you may want something with seperate bedroom areas for privasy. All of these details can be found within the information of the packaging or from the shop when you buy your tent.
Tents will be labelled ‘one person’, ‘two person’ etc, but you should always check the actual dimensions as classifications can differ between manufacturers. You should also pay attention to how much space there is in the living area and what the height of the tent is (ie, can you stand up). Below is a summary of the different types of tents you might choose.
Frame Tents: These have the best headroom and are useful for families, and those who plan to cook inside the tent. The disadvantage of frame tents is that they are havy and difficult to carry, so only suitable if you are travelling by car (and have a few people to hep you put it up). Frame tents are becoming less popular in favour of the more fashioable and lightweight Dome Tents.
Ridge Tent: This is a triangular shaped tent, the more tradiditonal one that you are used to seeing. You rarely see this around nowadays, and again have given way to the more modern dome tents.
Dome Tents: A dome shaped tent, very simple to erect and very lightweight. The flexible poles thread through the tent fabric criss corssing in the middle. The poles are normally made of reinforced plastic or a metal alloy. Dome tents can range from a very compact one or two man right up to a family sized tent with room to stand. They are relatively inexpensive and due to the compact size when packed they are very easy to transport. higher dome tents are more vulnerable in high winds than a frame tent so care should be taken in poor weather.
Hoop Tents: These are a cross betwen a ridge and dome tent. They are strong with room inside, they can be multiple hoop, also known as a tunnel tent, or single hoop which is lighter weight and easier to carry. Hoop tents are often favoured by mountain climbers because of their strngth in high winds and extreme conditions.
Geodesic Tents: A geodesic tent is similar to a Dome tent, but with a slightly different structure which gives them greater strength in high winds. Often slightly more expensive than a standard dome tent.
Vis-a-vis: Tents with sleeping areas on either side of the main central area. These are genrally dome style noeadays but you do ocassionally see a ridge style vis-a-vis tent.
Touring Tents: Touring tents can be extended ridge tents or extended dome tents. They normally have a porch area, which is very useful for cooking, (although goking in tents should only be done if it is safe to do so, and you should consult the manufacturr if you aren’t sure). Touring tents often have windows and are the tent of choice for people who spend long periods camping.
Most tents have 2 layers. The first a breathable ‘inner’ providing warmth and keeping the insects off, while the ‘outer’ fysheet or ’skin’ is the waterproof layer that goes on the outside. Having a two layer structure also prevents moisture and condensation building up. These layers can be made from a wide range of materials, the higher end of the price range tends to be the best insulated, most breathable and best quality and would be advised for extreme weather conditions. The higher price ranges will also be home to tents with the best quality seams and zips as these are often the first things to go.
The strength of the poles is an important factor if you want your tent to last. Modern tents are extremely lightweight but you can often tell the difference between poor quality and good quality poles. As a rule, you generally get what you pay for. If you are using your tent to go to a festival and don’t tend to do much else with it, then you can pick up a 2 man tent from about £25. If you are looking for something that you can use a few times of year in all conditinos, then prices can go up to about £500 for the top quality tents.
Whatever your choice, remember to allow anough space for your stuff. A 2 man tent is often big enough for 2 people but if you both have big rucksacks or equipment, you might be better thinking about a larger tent to allow for this
Side of face application: What is microdermabrasion? Uncover a fresh new layer of skin. Learn about skin care in these free beauty videos. Got acne, acne scars, whiteheads, or blackheads? Find out if microdermabrasion can help.
Duration : 0:1:13
Known as the single best ski resort in the South, the Wintergreen Resort in Virginia won the 2005 #1 Best Ski Resort in the Mid-Atlantic region. Offering skiing, snowboarding, tubing, with along with many other winter activities along Virginia’s eastern slopes of the Blue Ridge Mountains, Wintergreen features 11,000 acres with 19 trails, a top elevation of 3,516 feet, and a 1,003 foot vertical drop.
Beginners, intermediates, and experts will all find suitable trails at Wintergreen Resort. To accommodate skiers, there are six lifts, including five chair lifts and one surface lift. There is also a dedicated terrain park for snowboarding. A new advanced ski trail, “The Outer Limits”, is 2,100 feet long and 50-100 feet wide, with a sustained 38 degree pitch for 1,000 feet.
Another upgrade is the second high-speed six-passenger chairlift, plus 100% computerized snowmaking due to an annual snowfall of only There is also a world class golf course located near the resort.
Experience breathtaking views of the Appalachian Mountains, while surrounded by luxury that most people only dream of. Over 300 condominiums and vacation villas are beautifully scattered through the mountain retreat, with the Wintergarden Spa and Aquatics & Fitness Center having completed a $4 million dollar addition, now containing whirlpools, hot tubs, massage and spa treatments, cosmetology services, and a fully equipped aquatics and fitness facility. Swimming pools are available with one indoor and five outdoor pools.
Other activities include tubing, snowmobiling, tennis, hiking, and horseback riding. The Out of Bounds Adventure Center is a very popular attraction at the resort with rock climbing and bungee trampolines. The Outdoor Wilderness Leadership school offers corporate retreats, real rock climbing, rappelling, and mountain biking. While vacationing at Wintergreen Resort, make time to see the civil war history attractions, and visit the local wineries as well. Also take time to enjoy the Wintergreen Spa. At the spa, you can be pampered with massages, body wraps, skin treatments, and nail care. You can also visit the Mountaintop Aquatic and Fitness Center which features the latest in cardiovascular equipment, strength equipment, heated pools, hot tubs, steam rooms, and saunas.
Wintergreen resort is an ideal spot for a family to vacation and become involved in a variety of craft workshops, campfires, storytelling, hay rides, and many more community events that are scheduled throughout the year. There are many planned activities for families, including winter hiking, skiing, snowboarding, tubing, and swimming in a cozy indoor pool.
The Wintergreen Performing Arts has many musical performances throughout the year that are sure to delight everyone. If a person is less interested in culture, and more interested in nature, the Wintergreen Nature Foundation is for them. This foundation promotes the understanding and conservation of natural resources that the Blue Ridge Mountains are famous for.
No matter what your interests are, if getting away from the hustle and bustle of city life is what you want, this is the number one spot in the South for fun, relaxation, and rejuvenation. The Wintergreen Resort is open all year long, with activities that are suitable for every season.
Belbien Skin Care & Day Spa in San Mateo CA is the absolute best place to go to relax and unwind. We offer great Spa Packages and Skin Care products. Call today for the best Massage Therapy in town! PH: (650) 403-1400 http://www.elocalprofiles.com/DaySpainSanMateo3108.html
Duration : 0:0:19
More than two million plastic surgery operations are performed each year. Whether the patient wants a little nip and tuck, nose job, or wants to drop five dress sizes, plastic surgery should never be taken lightly. It is surgery, and professionals are always preferable to the chain-store style of clinics.
There are always potential complications. Attending a clinic that is owned by a famous surgeon, who will pass you off to an associate, can leave you in danger. The fact is, some people spend more time choosing the carpeting for their home, or even what movie they will go to see, than they will spend looking for a surgeon.
In areas where plastic surgery is common, research is easy. Just ask everyone you know from your doctor to your hairdresser. Eventually, one name will start to pop up repeatedly.
One thing to find out is whether the doctor has hospital privileges. This tells a lot about the medical industry’s opinion of the surgeon. It can also reduce the risk of complications becoming chronic if anything does go wrong.
It has become common for plastic surgery to be done outside of the hospital. This reduces the peer-pressure that surgeons must undergo, it also increases the chances of a doctor who ‘failed’ in other medical fields choosing plastic surgery because it is easier to get into.
Today’s world of commercialized medicine makes it more difficult to find a good surgeon. It is very easy to pick out which surgeon or clinic has the best advertising agency, but this tells you nothing of the care you will experience at the clinic.
It is also important to decide what experience you want. For many, plastic surgery is an experience, like a vacation. They want plush carpets and expensive paintings in the waiting rooms. They want a spa type atmosphere. Other people want an, in-out, type of experience at bottom prices.
There are good and bad plastic surgeons at both ends of the spectrum. Any doctor can put board certified in an ad. However, their certification may not clearly indicate what specialty they’re board certified in. In some cases, they may not be certified in the type of plastic surgery they perform. You can check what specialty a US surgeon is board-certified in at http://www.CERTIFIEDDOCTOR.ORG
The American Board of Medical Specialties is the only board recognized by the American Medical Association. Do not accept as ’serious’ any other certification board.
Once you’ve narrowed down the doctors you are going to look at, it is time to start the consultation route. This is where bargain hunters make mistakes. Doctors charge for consulting, so the more doctors you check out, the more it will cost.
Even though this may seem like a waste of time, it is vital. It is important to find a doctor who will spend time with you. You don’t want a doctor who walks in, takes a quick look, and walks out.
You want a doctor who puts their hands on you and shows you what will change. Some doctors use a new computer imaging gimmick, and that is what it is, a gimmick. The computer programs are not sophisticated enough to take into account age, skin type, elasticity, how the body will swell, effects of bruising. Many patients who trust the computer image are left disappointed.
Surgery is a life choice, take your time, research well, and walk into the office with a realistic understanding of what will - and will not - change in your body.
Cheek application: What is microdermabrasion? Uncover a fresh new layer of skin. Learn about skin care in these free beauty videos. Got acne, acne scars, whiteheads, or blackheads? Find out if microdermabrasion can help.
Duration : 0:1:10
It has been scientifically proven that spending too much time away from the sun is harmful to your health in general. The rays of the sun provide the human body with essential vitamins, and if your body does not get these vitamins you are in danger of any number of illnesses, including common colds, tonsillitis and anemia. Weather conditions differ according to location and due to that there are some people who don’t always have a chance to take a walk in the sun. If you are one of these people, this article is for you.
With technology being what it is right now, mankind has been able to emulate parts of nature successfully. One of these parts is sunlight. With the use of special UVA lamps, the rays have been recreated and with them, the benefits they give. It isn’t as good as sunlight but it is a second best, and much more convenient than lying on a towel on the beach could ever be. That is why having a tanning bed at home is more important than you might think.
A tanning bed is, of course, not as good as absorbing the rays of the sun, but it is an adequate substitute. With proper care and attention, spending thirty minutes to an hour on a tanning bed will keep your skin bronzed and your body healthy. As long as the strength of the lamp is moderate, the possible harms of the device will cease to exist, and you can enjoy your own piece of sun in peace. It is safe even for children from six years old as long as there is an adult supervising. Some tanning beds come with a timer, which is handy if you don’t have a clock hanging nearby.
Even if you live in a sunny part of the world, it is still a good idea to think about buying a tanning bed. If you have a busy job you won’t have much time to enjoy the sun. Instead, you can relax under the heat of the lamps after you come home from a hard day at work, and not worry about the sunstroke you might be getting. If you don’t have the place to put one in your own house, try to make a weekly visit to a spa or fitness center. You will likely find a tanning bed at either of those.
Whether it is summer or winter time, you should take out some time from your busy routine to take care of your feet that have been carrying your load all these years everywhere you wanted to go. Thus, if you are interested in getting instant results, try the steps that follow and your will not have to hide your feet under the covers every night. Feet should be one more part of your body you should be proud of and they should be flaunted and shown off. If professional pedicure in a nail salon is out of your budget you should know that you can treat your feet inside the comfort of your own home.
First you have to prepare your feet for the treatment you are about to give them. Fill your bathtub or a bucket with warm water and your favorite foam bath and soak your feet in there for at least 15-20 minutes. You can also add some bath salts or the desired amount of foot soak into the water and let them dissolve and nourish your tired lower body parts. Instead of bath salts you can try your kitchen’s salt; it also works miracles.
After taking each foot out of the water, you should use a towel to dry them very well and then move on to clean and trim your nails. Remember to remove any nail polish from your toes.
Upon completing the nails cleaning process, soak your feet again in the warm water and begin removing the dead skin cells by gently scrubbing calluses and heels with a pumice stone. If you wish to attain soften and touchable feet, this is a very important part of the home-made process. Exfoliating your feet, results in having soft feet.
When the softening step is over, remove again your feet from the water and dry them with a clean and dry towel. Massage each feet with a foot lotion that can sooth and smoothen your feet and apply the lotion to the whole foot, from top to bottom, toes to ankle. End this massage experience with light strokes going from your toes to your ankles.
Now it is time to trim your toenails. Remember that you should always cut them in a square shape, which will prevent problems of ingrown nails. Using an orange stick or a cuticle stick gently push back cuticles. Do not attempt to cut your cuticles or rub them away, as they are necessary for keeping bacteria away from your inner skin. Doing this step right, will allow you to paint the entire nail by guiding the supple cuticle out of the way.
Then it is time to let the artist inside you take over. Pick the nail polish shade of your choice and apply the first coat slowly. The last coat should be applied once the previous coat is completely dry.
Finally, after letting your nails dry for at least half an hour, rub a dab of olive oil into your cuticles and nail beds in order to moisturize them.
Indulge yourself in a home pedicure that resembles that of a professional spa. Pay attention to the atmosphere you create and experience in the comfort of your own home a pedicure that could only be offered in a salon. Listen to some relaxing music and enjoy the process. After all, you will end up with prettier feet than before and you will be able to wear all those cute, trendy and colorful nail polish shades you wanted to try for some time.
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