Thursday, December 3, 2015

Will Judgments on Your Student Loan Affect Your Mortgage Refinance? (part 2 of 2)

Will your home be seized?
Believe it or not, most creditors are not interested in seizing your home.  If they place a lien on your property because of the judgment on your student loan, they might have to pay a good amount of money just to take your property.

If it gets sold, the lender may not always get a sufficient return on their investment.  Homes that get seized through a judgment do not sell at market value, which means that your creditor will not get a lot out of it.  This is why most creditors are not really interested in seizing your home just to enforce a judgment on a debt.

Furthermore, a lien does not automatically mandate you to sell your property – you are not forced to do so.  However, should you voluntarily sell the property or in this case, refinance it, you will have to pay your debt to your creditor out of the payment you received as a result of the transaction.

Second of all, seizure of property isn't something that most creditors will do because it is, quite simply, bad PR.  They want to enforce their right to collect but at the same time, they don't want to be seen in a bad light.  If you're still unsure about the whole thing, your lawyer can shed light on certain things, particularly about laws in your state.

What you should do
First, it's important that you see a lawyer regarding your situation.  They can help guide you on what you can do regarding your credit and give you information on the steps your creditor could take should they choose to enforce your judgment.  This should help you protect your property and whatever income you may be receiving at this time.

Second, you might want to discuss the steps you have to take regarding your application for a mortgage refinance.  Your goal here is to negotiate as best as you can fair terms – the kind that will help you keep your home and set you back on your feet again.

Will Judgments on Your Student Loan Affect Your Mortgage Refinance? (part 1 of 2)

People who want to start a new life and a new family will always look forward to buying a new home.  This should be easy, particularly if your credit standing is good but what if you've missed a few payments and already have a judgment on your student loans?  Student loans already make it challenging to obtain a mortgage but a judgment could make your application way more difficult and could actually affect the success of your loan.

How lenders look at you
Your student loans are not the only consideration your lenders will look at in case you need a loan from them.  They will assess the whole picture – your credit history – which will include every single cent you borrowed that has been documented.  This will include your credit card loans, car loans, mortgages and every other type of debt you might have.

Your lenders will also consider the cost of the property you're looking to purchase, the type of mortgage and your income.  If you've had a judgment on your student loans, this could cause your lenders to sit up and be wary of you.  They could either downright refuse you for a loan or hike your mortgage refinance rates.

Should the first scenario occur, you might have to find other means with which to pay off the judgment on your student loans or go and find other creditors that will take you in and give you a loan for a refinance.  Should the second scenario hold true, you will get the money for a mortgage refinance loan but you will have to pay your debt off the amount of money you receive.

Monday, November 30, 2015

Mind Mapping Drawing Tips (part 2 of 2)

Tip 3 – Be specific

Write down only what seems to matter and not the entire idea. Use keywords and phrases but not an entire sentence or paragraph. Be brief but straight to the point of what you want to convey. Use capitals in order to get only the important key points. You can write down notes which explain your keyword which can be located at the bottom of the word.

Tip 4 – Centralize the idea

Always put the idea in the middle of the page and not in corners. Students prefer that it is more useful to focus on a landscape type of view. Because the topic or main idea is placed at the center of the page, It will give you a maximum space for other related ideas to radiate from the center.

Tip 5 – Spacing

Some of the most significant mind mapping notes are those that have spaces left for further note-taking add ups. You can also choose to highlight some of the important information which the lecturer or you boss has reiterated. Spacing is good to provide additional information to join into the picture.

A good mind mapping is the one that is overflowing with appropriate details from the past and present.

Mind Mapping Drawing Tips (part 1 of 2)

Mind mapping, which is also referred to as a brainstorming diagram, involves jotting down a central idea on a piece of blank background then thinking up of related topics that are to radiate out centrifugally. Through focusing oneself in a central idea, a wider scope can be outlined because of the connection of one idea from another. Focus is the tool that is to be used when writing own ideas and words, observing branches that serves as connections between and idea to another. Mapping is very helpful in understanding and remembering new and vital information.

With this, there are several tips on how to efficiently make mapping work for your brain and your memory as well.

Tip 1 – Make relationships

Like familiar strangers wherein you are connected because of a friend of another friend, that is how facts and information should be accurately intertwined with one another. You can use arrows, colors, lines and even braches (like that of a tree part) to be able to show the possible connections of ideas being generated inside your mind. Relationships of one idea from the idea are important for one to understand the derivative of the new information patterned out through construction of the map. Personalized mapping denotes own designs and symbols which can effective for visualizing relationships meaningfully related to one another. Plus, it will help you recall and understand every “branched out” information.

Tip 2 – Do not judge, pause or edit

Linear thinking is the concept wherein these three elements are present. In mapping, analyzing is only secondary. What is important is the very thing that pops out your head while focusing on the idea. But you have to be sure that whatever pops out your mind is direly related to the topic otherwise you have to use your reasoning ability to pattern your thoughts. Modification can be done in the later stage of analyzing the entire concept of the idea. It is important that you allow yourself to be flexible that every idea can be included in the map for as long as the puzzle fits. Sometimes, the obscure topics are the ones that make sense.

Friday, November 27, 2015

There Are Aerial Rides You Can Take As Part of Your Lake Tahoe Vacation (part 2 of 2)

If you think that is the only ride available, think again because there is also the scenic gondola ride at the Heavenly Ski Resort. This is located about half a mile from the Stateline casinos. The ride is 2.4 miles long and you will be brought 14,000 square feet in the air. You will not only see Lake Tahoe but also Carson Valley and the Desolation Wilderness. Once you get to the top, you can spend the day enjoying a picnic or watching the sun go down.

The ride is open all year round and the operating hours are from 10am to 5pm. About 8 passengers can fit the gondola which will fit almost any group. If there are more of you in the group, wait for the next one that will follow the first one shortly since they have about 138 of them.

The cost of the ticket is much higher than the Squaw Valley cable car ride. Adults will have to pay $20, seniors pay $18, and kids between 6 and 12 pay $5 while those under 5 years of age are free. You can get discount coupons if you stay in the nearby hotels or dine in the nearby restaurants.

The cable car and the gondola are just part of the package if you decide to have a Lake Tahoe vacation because once you disembark; you can do a host of activities like skiing, swimming and a few other things that is just for the entire family. So if you are thinking of spending your next vacation here, consider going on a Lake Tahoe vacation.

There Are Aerial Rides You Can Take As Part of Your Lake Tahoe Vacation (part 1 of 2)

There are a lot of activities you can do should you choose to go on a Lake Tahoe vacation. If you want to see the valley below, you can get a ride on the Squaw Valle Cable Car.

The Squaw Valley cable car is a ride you can take from the village in Squaw Valley all the way up to High Camp is that 8200 feet above sea level. The moment you are seated, you go up 2,000 feet vertically and then head straight for a granite wall. If you think you are going to hit it, don’t worry because you will quickly pass it just inches away from the rocks.

What makes this ride so amazing is the huge windows all around giving you a 360 degree view of everything around you.

There probably wouldn’t be this rid around if this place was not the venue of the Winter Olympics way back in 1960. In fact, people regard it as one of the greatest ski destinations in the world.

Once you get up there, you can ice skate, swim in the artificial lagoon, play some tennis or golf, mountain bike and bungee jump. There are places to eat up there and if you want to spend the night up in the mountains, go ahead since there is a resort there that has 405 rooms.

The cable car is open all year round. During the day, the cost for adults is $12 but this is lowered to $5 after 4pm. For children, there is a flat fee of $5 and free if you are carrying a toddler below three years of age.

Tuesday, November 24, 2015

Where Are The Best Kitesurfing Locations? (part 2 of 2)

Another good thing about kitesurfing is that it can be done all year round, for some areas. So if its' the winter season in your place, which makes kitesurfing a bad idea, and decide to go on vacation in some sunny place, you can still enjoy the sport there. Also, riding in these places where the winds are not as cold as those in your place will make you enjoy the sport better. These resorts and vacation hotels provide kitesurfing lessons and equipment rental for the beginners.

But before you take on these courses, check first if the kitesurfing school has the needed permit to operate the same in that area. Be wary of schools which do not have this, as they might be having some safety problems which would then explain why they don't have it in the first place. Or it could be that the sport is banned in the area.

In choosing the location, be sure to find one with written guidelines and safety rules. Or if state law requires these operators to observe a certain code, see if these are complied with. Take note that there are some places where it may be banned or restricted, maybe because of some safety lapses or accidents in the past. So make sure to do your homework before taking the first flight out.

There are many kitesurfing locations around the world. So if you plan of taking kitesurfing lessons, take the course in some resort in Asia or South Africa, for example, where lessons are relatively cheaper. But be sure to observe all safety measures in doing so. Lastly and more importantly, enjoy it.

Kitesurfing is a fun, thrilling experience that you will never regret. So what are you waiting for? Find a location now and give kitesurfing a try!