Showing posts with label real estate. Show all posts
Showing posts with label real estate. Show all posts

Friday, June 8, 2012

Affordable Housing ~ From Renting to Santa Monica Homes ~ How You Can Own Your Own Home Too~!!


Being able to buy your own home has always been a part of the "dream".  Many of us never reach that pinnacle as we are happy in renting and having another take care of the maintenance and upkeep of a family home.  However, it is possible for low~income families to manage this dream and one day even own a beautiful house like the Santa Monica homes.  If you dream it, it will happen, or so the adage goes.

First thing to put in order is your credit.  Everyone needs a credit line in order to do any purchases of this kind of scale, rarely is a home purchased without any financial and legal advisors being involved with the process.  Get a copy of your credit report and see just what kind of debt you have consumed.  If you do happen to have credit worries, begin by putting your financial affairs in order.  Pay off any outstanding charges and begin to pay our bills on time.  If you stay on top of these issues, in no time, your credit will begin to take a positive note, giving you a better advantage at purchasing your first home.

Develop a financial plan and list all of your incomes, debts and assets.  You need to show that you are able to cover all of your current bills with enough to pay your mortgage and extras.  Banks do not wish for your mortgage to be more than 25~30% of your income.  

Begin to save money for a down payment.  Usually 5% of the cost of the home is asked as a retainer.  This shows the bank that you know how to save and are committed to the task of being a homeowner.  If you are able to show that you are trustworthy, a bank is more than likely able to deal, positively, with you and your house's mortgage.

Ask the bank for  pre~approved loan before looking for your first home.  If you happen to qualify, this will makes things simpler in finding your first home, as the bank will give you a price range in which you are pre~approved to buy.  Even if you do not get approved, it will give you a good lesson to help you better understand what your bank is looking for in financial information.

Check out any first~time home owner programs that may be available in your area.  Housing, Urban Development or similar offices will better be able to answer your questions on requirements you need to meet in order to benefit from these programs.

Look for a house you can afford.  Consider what you make during the month and what you can comfortably afford to purchase.  As a rule of thumb, you shouldn't buy a house that is three times more than your annual salary.  

Buying a house can be a daunting task for first time homeowners, but if you approach it educated and informed, your stress can be greatly reduced.  Know your market, find a reputable real estate agent and have fun shopping for your dream home.  Today's fixer upper could mean tomorrows Beverly Hills homes...

post signature  **  This is a sponsored post for The Partners Trust, however, all the points and views are my own~!!  **

Thursday, November 17, 2011

World's Largest Megafactories

The World's Largest Factories

The world seems to get smaller every day. It started off with the invention of something we take for granted today: modern transportation. Just imagine how life-changing it must have been to complete a trip in a fraction of the time it had taken since the dawn of time by stepping into a car or purchasing a train ticket. Within a few years, the world had changed forever.

Today, international travel and Internet access have shrunk our world once again. Tourists think nothing of hopping on a jet to fly halfway around the world on a whim, and people of all ages chat or play video games with friends who live thousands of miles away just as easily as if they lived next door.

Although most take full advantage of these expanded horizons, very few think about where all those modern conveniences actually come from. To find out more, let’s take a look at a few of the world’s largest factories:

Boeing Everett
Location: Everett, Washington State, USA
Product: Airplanes
Size: 399,480 square meters or 98.3 acres

Not only is this the biggest factory in the world, it’s the biggest building, too! In fact, this facility also houses a credit union to handle the financial needs of its many employees as well as five different coffee stands and several cafeterias to keep them fueled.

This factory was originally opened in 1967 to make the famous Boeing 747, the first wide-body aircraft. Since then, the Boeing Everett factory has expanded their operations to include similar models including the 767, the 777, and the brand-new 787 Dreamliner.

Although this factory is Boeing’s most recent contribution to Everett, their history with this area precedes the 747. During World War II, they opened a plant in this town to build subassemblies for the B-17, and they built a second facility to make parts for the B-52 and the KC-135 in the 1950s.

If you’ve ever taken a commercial flight, chances are you’ve flown in one of the planes made at Everett. To get a better look at this factory and learn more about the future of aviation, take the official tour of the Boeing factory.

Foxconn Longhua
Location: Longhua, Shenzhen, China
Product: Electronics for Apple, Dell, Nokia, Hewlett-Packard, and more
Size: 1.16 square miles employing over 500,000 workers

Next time you fire up your iPad or make a call on your iPhone 4S, think about this: it probably came all the way from Shenzhen. Foxconn Longhua, more like a small city than one large factory, is home to over half a million workers and responsible for pumping out the vast majority of the world's most popular electronic products.

Foxconn has facilities in other parts of China as well as in other countries, but this is the largest and most famous division. In addition to the manufacturing plants, this self-contained community has its own hospital, downtown area, swimming pool, and fire department. Most workers live on-site in crowded dorms. In fact, this area is considered by some to be the most densely populated square mile in the world.

Unfortunately, the suicide and accidental-death rate is also extremely high. If Foxconn sounds familiar, it’s probably not because they’ve made your favorite gadget. Chances are you’ve read or heard the reports of labor-camp conditions and workers who would rather hurl themselves off the nearest roof than spend one more minute at Foxconn.

Before you start picturing filthy dorms, unsafe food, and broken equipment, reporters who managed to infiltrate this factory reported that the facilities were not the problem. Instead, the biggest problem was that workers were sometimes forced to work for 70 hours or more each week without speaking a word. In any other country, workers compensation lawyers would not allow this to happen.

Jean-Luc Lagardere Plant
Location: Blagnac, France
Product: A380 Airbus
Size: 199 million cubic feet

To create the world’s largest commercial airplane, this company definitely needed one of the world’s largest factories. This building comes in right behind the Boeing Everett Factory as number two on the list of giant buildings.

The grounds are huge too: the entire site covers a little more than 200 hectares or 495 acres. In addition to ten massive assembly buildings, this factory also has its own fluid and energy plant, a fueling station, and a massive network of offices, restaurants, and service businesses to assist the workers.

To construct the exterior of the massive A380 Airbus, components made in several different countries are trucked into Station 40, a single bay within the complex. Once there, a jig positions each part for the workers to assemble. This takes about a week. Next, the aircraft moves on to Station 30, a three-bay area, to be outfitted for passengers.

At this time, the factory is only capable of creating an average of one unit per week. This capacity is more than enough to meet current demand, but the factory was pre-configured to allow both Station 40 and Station 30 to double in size if orders suddenly start to roll in.

Hyundai Ulsan Korea
Location: Ulsan, Yeongsang, South Korea
Product: Automobiles
Size: Five factories on 5 million square feet

Hyundai has a number of factories throughout the world, but Ulsan is their largest. It's also the biggest automotive factory in the world. This facility employs 34,000 workers and pumps out 5,400 cars per day on average. To export their product, Hyundai has their own pier in the Ulsan Harbor capable of docking three 50,000-ton ships at once.

To add an aesthetic appeal to this massive complex and reduce their carbon footprint, this factory has planted more than 58,000 trees on site. Often referred to as “the factory in a forest,” Hyundai Ulsan is modern, bustling, and quite attractive.

Ulsan isn’t a popular tourist attraction. In fact, practically no one goes there unless it’s for business. This may be why many of the businesses are named after one of the biggest employers in the region. Here are just a few of the local attractions that carry the Hyundai name:
  • Ulsan Hyundai Dockyard
  • Hyundai Horang-I, or Tigers, Football Club
  • Hotel Ulsan Hyundai
  • Hyundai Arts Center
  • Hyundai Sports Clubhouse
  • Hyundai Department Store

NASA Vehicle Assembly Building
Location: Kennedy Space Center, Florida, USA
Product: Space Shuttle
Size: Eight acres

The US Space Program as we know it has come to a close after thrilling generations with thoughts of outer-space travel, but this building is still open. Construction is no longer going on, but tours are now available if you'd like to get an inside look at this once-restricted area. Once inside, you'll be able to gaze at the 525-foot ceilings in wonder and view the Space Shuttle Endeavor.

Curious about just how tall 525 feet, or 160 meters, really is? Here are some numbers to put it in perspective:
  • The Statue of Liberty is much shorter at only 305 feet, or 93 meters.
  • You could stack three Empire State Buildings on top of each other inside the VAB and still have room to spare.
With private companies just starting to take a serious look at interstellar tourism, you can only imagine what the future might hold for this massive factory.

From tiny iPhones to the Airbus, the world’s largest factories have made an equally large impact on the majority of the population.

---------
Editors note:
All factory images have been sourced from Wikipedia, except:
Jean-Luc Lagardere Plant image credit: http://news.cnet.com/8301-13772_3-20079594-52/building-the-a380-the-worlds-largest-passenger-plane/

Hyundai Ulsan Korea image credit: http://logisticsweek.com/wp-content/uploads/2011/06/Industrial-Robot-Hyundai-Heavy-installed-at-Kia-Motors-Slovakian-plant1.jpg

Tuesday, September 13, 2011

Beyond The Sold Sign by Julie Wilson

$22.95 +taxes/shipping
Beyond The Sold Sign is a Canadian Real Estate Planning Guide for Seniors.

Julie Wilson has been a licensed Real Estate Sales Representative for over 25 years.  Her compassion and her intuitive ability to listen to her clients' needs has helped thousands of families of all ages to find EXACTLY the right home.

Julie is known for her volunteering roles as well as providing workshops, talks, seminars all striving to bring awareness to others about the buying and selling of real estate.

As a result of Julie's abilities, she has come to realize that the decision for the elderly to move from their family homes is not an easy choice to make.  She realizes that families AND professionals working with older adults would benefit from a planning guide which would help recognize their individual needs and desires and have their decision based on solid and informative data.

The goal of this planner is help anyone that needs assistance in making that final decision in regards to moving as well as reducing the stress involved with the decisions. 

This 132 paged, spiral bound book has eight chapters which include:

I Can't Sell My House!

This chapter approaches the reasons whether a person should or shouldn't sell their home and making the correct choices about such a decision.

There are personal surveys with important questions you must ask yourself and to help you incorporate the results into your decision making.

As well there are pro and con charts to help you weigh your choices and to help you make the right decision for you!

Even Though You're in Charge, Let the Professionals Help!

 This chapter discusses the common fears involved with relinquishing control to others and offers suggestions to help in your decision making processes.

You are encouraged to do your own research and there are examples on how you can accomplish this.  There are different scenarios discussed in which a person may have to move and the outcome of each situation.

What Kind of Retirement Lifestyle Do You Want?

Information shared discusses the different types of retirements and which is best for you with questions to help aid your future plans.

Included are the different types of housing choices as well as discussing ways in which you can keep your home if you are NOT in the market to sell but are lacking resources; there are many ideas mentioned to garner some capital.

Do You Want The Government To Get All Your Money?
This chapter discusses the importance of estate and will planning.

Also discussed are the reasons why it is important to have all your affairs in order and offers insight about taxes after death and ways in which you can reduce them.

Housing Options and Planning

In this chapter the author discusses the aspects of retirement homes and the questions one should ask themselves when deciding that route.

Also shared are the different strategies of tax specialists and title insurance to help protect your assets and make sure are on the right track to aligning your affairs in their proper order.

Get Ready; Get Set; Companies Coming!
You will find references on how to get your home ready for evaluations by inspectors in order to properly evaluate your house and/or property.  Checklists are given to help you figure out which steps to take in case you have to do any major repairs.

Ideas are shared about the best ways in which to downsize your life to fit or meet the new journey you and/or your loved ones are about to begin.

It's Show Time!  Get Your Home SOLD

Included are the different characteristics in sales representatives; the Code of Ethics that a real estate agent is to adhere and a seller questionnaire offering you the right questions to ask your agent when the time occurs.

Included are pre-market checklists to ensure you have the available information in one area for quick reference.  You're also shown the different relationships that a realtor can have with its clients and shares tips on how you can effectively sell your home.

Cherish The Memories Before, During and Beyond the Sold Sign

This chapter explains more in depth about how to downsize your life and tips on how to be successful.  Words of encouragement are shared with the reader about the changes your life will be taking and tips on how to handle the new life you are will soon embrace.

You will also find within these pages a frequently asked question section, a personal AND financial record keeping diary, note taking pages and resources relating to everything that has been considered and shared.

I found Beyond The Sold Sign to be a very thorough and informative book and not just for seniors either!!  There were many things listed that I didn't know and now will pocket that information for another time!!  I enjoyed how Julie shared with us her knowledge; you can feel her compassion as you peruse the pages.  She gives you all angles of selling your house and downsizing to an apartment or a retirement home.  I was impressed with her reasoning and honest words pertaining to selling.

I liked her ideas and tips and found it handy to have the reference charts she has listed in the book.  The check lists are there to ensure you are on the right track.  I found this book is designed to keep your focus as well your money, time and emotional management in check as you are walked through all the necessary stages needed to complete the sale of your home.

Julie Wilson doesn't come across as trying to scam you out of your life savings, in fact, this will benefit those who are worried about someone doing that to you!!  It gives you the right questions to ask and the correct answers that should be forthcoming from everyone that is involved with the handling of your home's sale!

Beyond The Sold Sign 

Have any questions?  Contact Julie Wilson via her email form onsite.