Tips For Buying Real Estate Through Foreclosure Auction

Filed under: Wealth Management — @ 1:19 am, May 31, 2018.

By Simon Volkov

Buying property through foreclosure auction can be a good way to obtain real estate at discount prices. However, it is crucial to understand how the auction process works before submitting bids. Otherwise, buyers could end up with a cheap house that ends up breaking the bank.

Properties sold through foreclosure auction often require substantial repairs to return them to livable condition. Attendees do not have the opportunity to have properties inspected to estimate repair costs.

While a home might be sold for pennies on the dollar, repair costs can quickly add up. In many cases, repairs cost as much as it would to buy a home in good condition from a private seller. Additionally, many foreclosure homes have creditor judgments, tax liens, and second or third mortgages attached which must be removed by the buyer before property titles can be transferred.

Another consideration of buying houses through public auction is there are times when evicted homeowners refuse to leave. If buyers purchase a home that property owners still reside in they will be responsible for the cost of the eviction process.

[youtube]http://www.youtube.com/watch?v=TAjDPU_eVWw[/youtube]

Buyers should research their states’ foreclosure laws to determine if a redemption period is offered. Some states allow foreclosed property owners the option to repurchase their home from auction buyers within 30 days of the sale.

Although this rarely happens, it can be devastating to lose real estate. While buyers recoup the cost of the property purchase they may not be entitled to refunds for repairs initiated prior to the homeowner reclaiming the house.

Submitting bids at foreclosure auctions can be somewhat intimidating for those new to the process. It’s important to establish a maximum purchase price and stick with it. It is easy to become enthralled with the bidding process and bid more than desired. Once a bid is placed it cannot be retracted, so be cautious.

Auction policies and procedures can vary greatly. Much depends on the auction company hosting the sale. When possible, obtain copies of auctioneer’s policies prior to attendance. It can be helpful to attend an auction or two before bidding on properties. Better yet, attend with a person who is familiar with buying property through auctions.

Foreclosure auctions can take place at a variety of locales. Some are conducted at public venues such as local fairgrounds. Others take place in courtrooms or in front of the foreclosure property. Public auctions are often published in real estate magazines or local newspapers. Most are listed through each states real estate commission or county Trustee.

It auction properties are listed prior to the sale it can be beneficial to obtain comparable sales reports to evaluate current market values of property listings. This information can be obtained from local real estate agents or realty websites such as Realtor.com. Comp reports can be invaluable in determining if prices of foreclosure listings are a good deal.

Once buyers present the winning bid on auction real estate they must record property transfers through local courts. The length of time required to transfer property deeds depends on the state where real estate is located.

Many states allow instantaneous transfer while others entail court confirmation of the sale. Others require buyers to wait out the redemption period which grants foreclosed property owners time to reclaim their house.

It might be necessary to consult with a lawyer or foreclosure specialist to ensure property deeds are transferred and recorded according to state law. As long as buyers conduct due diligence and become familiar with policies and procedures, buying real estate through foreclosure auction can be rewarding and profitable.

About the Author: Real estate investor, Simon Volkov shares industry-secrets for buying houses at

foreclosure auction

, along with real estate investing strategies to generate profits in a downturned market. Learn more about the different types of investment properties and financing techniques at

SimonVolkov.com

.

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Australian charged with murder of two after 24 years

Filed under: Uncategorized — @ 1:16 am, .

Tuesday, April 14, 2015

Robert Penny, 83, yesterday was charged with the murder of his wife Margaret Penny and hairdresser Claire Acocks, twenty four years after their deaths at the Old London Coiffure hair salon in Portland, Victoria in Australia.

Mr Penny was charged by homicide detectives after a revived investigation found Penny had disclosed details of the women’s deaths to various people, that he could only have known firsthand. He allegedly told Mrs Acocks’s husband the morning after her death that she was killed with a comb, and “died very quickly”; police found no weapon at the scene in 1991.

The prosecution also alleges Mr Penny revealed details of the murders in phone calls to both his son and daughter in the hours following the attack, again referring to the use of a tail-comb as the weapon. Investigators at the time initially believed there may have been two weapons, and Homicide Detective Senior Constable Tom Hogan told the court “it would have been impossible for him or any of the police to understand the ­nature of the injuries” before an autopsy was carried out.

The court also heard evidence of a covertly recorded phone conversation between Mr Penny and his granddaughter in February 2014, in which he said “Would a hitman pick up a comb and kill two women?”.

Mr Penny was released on bail due to poor health, under conditions including surrender of his passport. He is due to face court again in July.

VOA journalists resist plans to restrict mission in support of media freedom

Filed under: Uncategorized — @ 1:03 am, .

Sunday, February 25, 2007

The Voice of America (VOA) marked its 65th anniversary Saturday amid plans to cancel radio broadcasts to many countries where press freedom is under attack. These program cuts are resisted by many former and current VOA journalists who see them as a dangerous departure from VOA’s mission to support press freedom worldwide. The Broadcasting Board of Governors (BBG) – a bipartisan body managing VOA and other U.S. international broadcasts – plans to expand news coverage to the Middle East, North Korea and Latin America by eliminating or reducing programs to Russia, Tibet, China, Uzbekistan, Kazakhstan and a number of other media-at-risk countries. Acting with apparent approval from the White House, the BBG also want to eliminate VOA’s flagship English radio broadcast News Now.

Former and current VOA journalists who have criticized the BBG’s plans as a betrayal of VOA’s support for media freedom are circulating two online petitions asking the U.S. Congress to stop the proposed program cuts.

One of the petitions specifically opposes the planned elimination of VOA Uzbek radio broadcasts by pointing out that Uzbekistan’s ruler Islam Karimov has effectively silenced political opposition and eliminated or forced underground nearly all independent media outlets.

this lack of consistency sends a terrible signal to defenders of freedom and courageous journalists around the world.

This is the second time the Broadcasting Board of Governors (BBG) – bipartisan body in charge of U.S. international broadcasts – is trying to eliminate VOA radio programs to Uzbekistan. The BBG had stopped VOA Uzbek radio programs once before, in August 2004, but the pressure from the U.S. Congress and human rights groups forced the BBG to resume them in June 2005.

This year the BBG is again trying to end VOA radio presence in Uzbekistan and in a number of other countries. In addition to VOA Uzbek radio programs, the BBG is planning to eliminate or reduce U.S. taxpayer-funded broadcasts to Kazakhstan, Russia, Tibet and China — countries whose regimes were declared by the Paris-based nongovernmental organization Reporters Without Borders (RSF) as major violators of media freedom and freedom of expression. Uzbekistan’s leader Islam Karimov, Russia’s President Vladimir Putin, Kazakhstan’s authoritarian ruler Nursultan Nazarbayev and China’s leader Hu Jintao have been all called by Reporters Without Borders “Predators of Press Freedom.”

The second online petition initiated by a former VOA Associate Director Ted Lipien focuses on the BBG plans to eliminate VOA Russian radio broadcasts. The petition asks the U.S. Congress to reject the proposed cuts and demand from the White House and the BBG a consistent U.S. international broadcasting strategy in support of freedom.

FreeMediaOnline.org, a California-based nonprofit group founded to support freedom of the press worldwide, described these proposed cuts and reductions in U.S. international broadcasting as nothing less than a “gift to dictators and suppressors of press freedom.” FreeMediaOnline.org believes that “this lack of consistency sends a terrible signal to defenders of freedom and courageous journalists around the world. Some of them, like independent Russian journalist Anna Politkovskaya, paid with their lives for exposing human rights violations. To make their voices heard, they have relied on VOA Russian radio programs which the White House and the BBG plan to eliminate.”

According to the BBG, some program cuts are necessary to fund expansion of U.S. broadcasts to Iran and to other major Muslim countries and regions. Critics such as FreeMediaOnline.org activists have pointed out, however, that there are many other noncritical programs within the U.S. international broadcasting bureaucracy controlled by the BBG. They maintain that reducing these support programs instead could easily pay for new programming to the Middle East and for the much needed enhancement and modernization of programs and program delivery to countries like Uzbekistan, Kazakhstan, Russia, and China.

VOA first broadcast on shortwave to Nazi Germany February 24, 1942, just weeks after the United States entered World War Two. In that broadcast, news announcer William Harlan Hale told listeners, “The news may be good. The news may be bad. We shall tell you the truth.”

VOA Director Dan Austin says although the technology of broadcasting may have changed in the intervening years, the Voice of America’s adherence to its core mission remains the same. He says the agency will continue to honestly and accurately report the news. Austin did not address the issue of the program cuts demanded by the BBG and how they might affect VOA’s mission. He was appointed to his position as VOA Director by the BBG.

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10-year-old child takes grandmother’s car for 85 Km drive

Filed under: Uncategorized — @ 1:28 am, May 30, 2018.

Monday, June 12, 2006

Police in the Australian state of New South Wales have reported that they pulled over a 10 year-old child driving his grandmother’s car along the Newell Highway in North-Western NSW on Sunday.

According to police, they received numerous calls around 12:30 p.m. AEST on Sunday from truck drivers who were concerned that two children appeared to be alone in a red Holden Commodore station wagon, one of which was driving along the busy highway. The Newell Highway is the primary road transport route between Melbourne and Brisbane.

Moree police dispatched a highway patrol unit that located the vehicle 35 km North of Moree.

When signalled by police, the 10-year-old driver pulled over and got out of the vehicle with his six-year-old brother to speak to police. They told police that they were with their grandmother in Boggabilla when they decided to visit their grandfather in Moree, 120 km South. The children said they had taken their grandmother’s car to make the trip. When pulled over by police, they had travelled around 85 km.

Sergeant Matt Clifford said “They appeared to be driving normally … certainly better than probably some other people on that road”.

Police drove the vehicle to the children’s grandparents’ home in Moree where the children were returned to their grandparents.

Nebraska court bans the electric chair

Filed under: Uncategorized — @ 1:25 am, .

Friday, February 8, 2008

The Nebraska Supreme Court has banned the use of the electric chair in the execution of murderers. The court found that the application violated the Nebraska constitution’s prohibition against cruel and unusual punishment. Since July 2002, Nebraska has been the only state in the United States to use electrocution as its only executional method.

The case developed from death sentence of Raymond Mata Jr., who was convicted in the murder of three-year-old Adam Gomez. Mata’s sentence was upheld by the court but stayed it stating that when petitioning for a date, the state should establish that it has a “constitutionally acceptable method of carrying out Mata’s sentence.” With this ban, no states retain electrocution as their primary means of execution; many other states retain it as an option if their primary methods are declared illegal or the condemned chooses them.

Electrical Contractors In Jacksonville Fl}

Filed under: Cabling — @ 1:11 am, .

Submitted by: Johny Rehan

A surge protector is a device that saves the electrical equipments like computer, television, refrigerator, AC etc. from power surge, lightening and fluctuations, (as heavy electric appliances require high voltage electricity). The device is also termed as surge suppressor that protects the electrical appliances by limiting the amount of voltage supplied to the appliance either by blocking or diverting the voltage surge to ground. To describe the function clearly, in US the standard voltage to be used in every office and home is 120 volts, and therefore, voltage usage exceeding this amount considered to be transient and may result in the damage of the appliances connected to the outlet. Through surge protection this extra voltage can be channeled into the grounding wire of the outlet and thus preventing the extra power to flow through the devices.

Surges in the electricity can damage even the internal components of the electronic devices. It can even destroy data stored in the computers. But surge protection can prevent any kind of such damages. Moreover, the surge protector can protect wires and lines of cable and television as they also carry electricity.

[youtube]http://www.youtube.com/watch?v=vfZAE1VQPEY[/youtube]

Regarding response, the surge protectors have some time bindings. They dont operate instantly; their response time is long (depending on the surges). A surge basically takes a few microseconds to reach to the high voltage and surge protectors response time is nanosecond which is fast enough to prevent a spike. There are various types of systems, technologies and components of surge protector. These are the technologies or the components of surge protection used in Jacksonville and in the other parts of America as well. The Surge protection Jacksonville FL Compatricany can provide a total line of surge protection devices. And the installation of these surge protectors can be done with the help of electrical contractors Jacksonville FL. There are various companies in Jacksonville that provides master electrical contractors who are expert in both home and office surge system.

The various surge protection technologies includes, Metal Oxide Varistor, is a system that can limit voltages 3 to 4 times by distracting the path of the surge voltage to elsewhere while protecting the normal load. Parallel MOVs can be connected to increase the capability of the current providing the sets are matching. Moreover, MOVs have a good performance ratio and the price is quite low and they are the best in protecting the AC power. Next there is, Transient Voltage Suppression diode, which is also termed as silicon avalanche diode, responds in picoseconds but its current limiting and energy absorbing capacity is relatively low. And therefore, TVS diodes are mainly used in the current outlets with low voltage spikes. Then there is Thyristor surge protection device, a much faster and a solid state system which is mainly used to prevent overvoltage conditions. Next is Gas Discharge tube, a device with sealed glass containing a type of gas mixture enclosed between the electrodes that gets ionized by the high current spike and carry out electric current. Just like Metal Oxide Varistor, GDT can also limit high voltage spikes or transients and the response time is long as well. The device is basically light sensitive but can be used in the lines with high frequency such as telecommunication systems.

However, there are various other components like Selenium voltage suppressor, Carbon Block Spark gap overvoltage suppressor, a technology that took birth in the nineteenth century but still used in the telephone circuits. There are other technologies namely Quarter wave coaxial surge arrestor and Series mode surge suppresso

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Andrea Muizelaar on fashion, anorexia, and life after ‘Top Model’

Filed under: Uncategorized — @ 1:04 am, .

Monday, November 26, 2007

In the 18 months since Andrea Muizelaar was crowned winner of the reality TV series Canada’s Next Top Model, her life has been a complete whirlwind. From working in a dollar store in her hometown of Whitby, Ontario, to modeling haute couture in Toronto, she had reached her dream of becoming a true Top Model.

But at what cost? Unknown to casual television viewers, Muizelaar had been enveloped in the eating disorder anorexia nervosa, which inevitably became too much for her to bear. She gave up modeling and moved back to Whitby, where she sought treatment for her disorder, re-entered college, and now works at a bank. Where is she now? Happy and healthy, she says.

Recently Andrea Muizelaar sat down with Wikinews reporter Mike Halterman in a candid interview that stretched to nearly two hours, as she told all about her hopes and aspirations, her battle with anorexia, and just what really happened on Canada’s Next Top Model.

Contents

  • 1 Andrea’s beginnings
  • 2 Andrea on her road to modeling, and America’s Next Top Model
  • 3 Experience on Canada’s Next Top Model
  • 4 The message she wrote to her fans on her facebook group
  • 5 Her brief modeling career
  • 6 “Happy and healthy”
  • 7 Source

UN to deploy over 3000 more troops to Congo

Filed under: Uncategorized — @ 1:26 am, May 29, 2018.

Thursday, November 20, 2008

The United Nations Security Council has announced that it intends to send up to 3,085 more peacekeeping troops to the Democratic Republic of the Congo, despite a commitment from rebel forces to reduce their fighting.

The UN stated that the troops will be deployed immediately, and kept in the Congo for at least the rest of 2008.

Depending on the security situation in the country, the troops may be kept in the country past the end of this year.

The move was made as part of UN Security Council Resolution 1843, and was recommended by the United Nations Secretary-General, Ban Ki-moon.

The resolution states that this “temporary increase in personnel aims at enabling MONUC to reinforce its capacity to protect civilians, to reconfigure its structure and forces and to optimize their deployment.”

The resolution also made some other comments in relation to the Congo. The resolution also aimed to work at “reiterating its condemnation of the resurgence of violence in the eastern region of the Democratic Republic of the Congo and demanding all parties to immediately respect a ceasefire.”

The document also welcomed “the appointment of former Nigerian President Olusegun Obasanjo by the Secretary-General as his Special Envoy for the Great Lakes Region.

Five police officers killed in Dallas, Texas during sniper attack

Filed under: Uncategorized — @ 1:22 am, .

Sunday, July 10, 2016

On Thursday, five police officers were killed and seven were injured after a sniper attacked a public protest march in downtown Dallas, Texas. Sources indicate at least three other people were taken into custody for questioning relating to the attack. The march was held to protest the shooting deaths of Alton Sterling in Louisiana and Philando Castile in Minnesota during engagements with police officers.

Police identified 25-year-old Micah Johnson as the suspect. Johnson had previously served in the US army, and police reported he said he wanted to exact revenge upon police officers after news of Sterling and Castile’s deaths. Ammunition and weapons were found inside Johnson’s home. Dallas Police reported the policemen were shot at from a height. Officials said two civilians were also injured in the attack.

Micah Johnson served for the United States Army Reserve from 2009 until early 2015, including a tour of Afghanistan. Johnson had no criminal record. His attack was reported to be a lone mission.

After the attack earlier on Thursday, police killed Micah Johnson in El Centro College’s parking lot by a bomb explosion.

Hillary Clinton, 2016 United States presidential election candidate and favorite for the Democratic nomination this July, said, “There is too much violence, too much hate, too much senseless killing, too many people dead who shouldn’t be. No-one has all the answers. We have to find them together.”

After Johnson was killed, Mike Rawlings, Dallas’ mayor, said “We believe now the city is safe”.

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