Sunday, August 29, 2010

Mortgage and Loans - Mortgage Refinance, Home Loans

Mortgage and Loans - Mortgage Refinance, Home Loans

What a Good Transfer Merchant Ought to Provide for its Customers

Posted: 29 Aug 2010 07:06 AM PDT

It doesn’t matter what amount of money you want to send or receive to which country – one of the key matters is that it gets from A to B securely and without being subject to financial crime.  It may come as a surprise to one or two readers that financial crime is extremely rife and even legitimate money transfer merchants can be intercepted by criminals at any moment in time. 

Countless people across the globe rely on money transfer firms to transfer funds on a daily basis.  There are dozens of means of transferring cash – from internet transfer to traditional bank transfers.  You may even choose the age-old method of branch pick-up on the high street.  But while this might appear old fashioned to some, there are numerous global locations where accessing the internet or finding a functional bank is not as easy a task as in other places. 

To find a quality service – and one which is able to offer a safe transfers to fairly much any country, regardless how remote – it is a good idea to seek out a few key services.  To start with, it is vital to have a look at which locations a money transfer company can submit funds to and what system they offer.  Include your own circumstances, and that of your recipient.  Are they able to access the internet?  Do they hold a bank account?  What about you – do you hold a bank account?  Assuming you do and the person who is receiving funds does aswell, the next thing you ought to do is figure out how much currency you want to transfer and how often you will need to send funds.  Ask yourself if this is a sole transfer or if you will be required to transfer funds on a regular basis.  If the sum you would like to send is less than about $3,000 then you could simply look for the lowest exchange rate between your currency pair. 

Don’t forget to look for the transfer firm’s regulatory levels!  Even a familiar company like Moneybookers can easily be intercepted by criminals.  There are a few companies that specialise in money transfers to certain countries, like Ghana.  These firms have the benefit of using teams who know local customs however the amount of exploitation in a proportion of developing economies means that it might be more secure to use a broad-based company.

If you would like to send a lot of currency and on a frequent basis then it might be preferable, more secure and cheaper to employ a streamlined currency exchange brokerage.  Some people wrongly believe that currency brokers are only for banking professionals, however this is not the case.  Anybody can open an account (subject to security checks).  On the other hand it is only truly cost effective to use their services for big transfers because they generally charge around $15 for smaller currency transfers, which might make the transaction more costly than if you use a regular transfer service.

What is the waiting period on a health insurance policy?

Posted: 29 Aug 2010 02:37 AM PDT

I was in a car accident about 1 1/2 months after I got my new health insurance coverage. I didn’t have personal injury protection on my auto insurance policy so i’m billing my health insurance for the costs.

Anyways they just sent me a letter saying that the services occurred within the waiting period of the policy therefore this claim is pending for receipt of physicians report.

What does all this mean? Can they deny the coverage?

Keiser Report №68: Markets! Finance! Scandal!

Posted: 28 Aug 2010 07:13 PM PDT

This week Max Keiser and co-host Stacy Herbert look at Tier Terra and future crimes. In the second half of the show, Max talks to former banking regulator William K. Black about rackets and fraud in the financial sector.

Part 1/5 – Islamic Mortgage Financing in the Non-Islamic World

Posted: 28 Aug 2010 04:47 PM PDT

From UFANA Conference 2010, Toronto, Canada – March 30 & 31, 2010 Lorne Cutler Founder, LAC & Associates Consulting Stephen Ranzini President & Chairman, University Bank, USA Stephen Lange Ranzini is President of University Bank of Ann Arbor, Michigan which has .2 billion in assets under management. He played the leading role in the acquisition of the Bank in 1988 when he became the nation’s youngest bank holding company President at age 23, a position he has held since. Among his accomplishments at University Bank, he is the Founder, Chairman, President & CEO of University Islamic Financial, the first banking subsidiary of a US bank run entirely on Sharia principles. University Bank was selected as “Community Bankers of the Year” in 2006 by US Banker magazine and as “Community Bankers of the Year” in 2009 by the American Bankers Association. A magna cum laude graduate of Phillips Exeter Academy, Stephen graduated from Yale on scholarship and has served as both the President of the Yale Alumni Association of Michigan and as a Delegate to the Yale Assembly. Omar Kalair President and CEO, UM Financial, Canada In 2004, Omar Kalair founded UM Financial, which today is Canada’s premier Islamic Financial Institution as well as a member of IFSB and AAOIFI. UM operates UM Financial, UM Investment, UM Advisory (Sukuks) and a Islamic Mastercard. UM Financial is also working towards Islamic ETF, Takaful insurance, Canadian bank license and more. UM Financial is a founding member …

Home Appraisals in Flower Mound, TX

Posted: 28 Aug 2010 07:28 AM PDT

There is a way to make sure you don’t become another Flower Mound, TX real estate statistic. In many cases, this can be prevented if you follow some simple guidelines before you contact a prospective lender.

Obviously, you want your home to appraise for as high as possible. A high value means more money in your pocket.

Should I paint the exterior of my house before refinancing? 

No, in most cases. Most appraisers are more concerned with the condition of the house, rather than the aesthetic look. Sometimes, however, it pays to spruce up a bit.

If your house has an 8-year-old paint job and is not the same brilliant shade of orange it once was, it doesn’t have to be repainted. However, if you’ve got paint chipping and you can see the last three colors the house was painted, it’s time to pull out your pocketbook and paint. 

I have a crack in the paint in my living room: Should I remodel? 

An upgraded bath or kitchen will always raise the value of a home. However, what an appraiser is looking for are things that will need fixing as soon as a new buyer takes procession. He will be looking for mold and mildew, settlement cracks, and foundation issues, so remodeling to address these issues will always be a good thing.

Should I replace walls that have mildew? 

Once again, the appraiser is looking for a leaky roof that is causing the mildew. A possible leaky roof will be a loan killer, or you may need to put on a new roof before refinancing. If it is just a bit of mildew coming from the inside of the house, paint it. It’s no point losing the deal due to harmless mold.

I have lots of stuff in my yard 

This one is a pretty common issue in rural America. So you like to tinker with cars; should you be penalized in value because of that? Most appraisers will look at your car collection as an eye sore and lower the home’s value. That’s the best scenario. If they see a large garage and some cars being worked on, it may get labeled an income property and your lender will make you jump through hoops to do the loan.

Posted by Blogku at 7:19 AM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)