Mortgage Poll: Are Strategic Defaults Ethical?
I know a guy — let’s call him Fred — who has a plan for walking away from his home and the $400,000 mortgage on it. Fred lives in Phoenix, one of those particularly hard hit real estate markets in a state that prohibits banks from coming after borrowers for additional money once a home has gone into foreclosure. The home he bought for more than $400,000 is now worth about $225,000, by his estimates. He’s saved up quite a bit of money and can keep making the payments. But he’s nearing retirement, and figures that, the way he’s going, he’ll never have home equity.
Saving Big Bucks on Office Supplies
If you have children in school or a home office, you can easily spend hundreds or even thousands of dollars a year on home office supplies. Here’s how to cut the cost:
1) Reuse. Rather than tossing out bits of paper, for example, cut them up and use them for rough notes or use the backs of letters to print rough drafts. You’ll save a small fortune on paper.
2) Buy in bulk. Buying larger quantities of printer toner, paper, and pens is almost always cheaper. Also, check out the sale and clearance section of your local office supply store – you can often find supplies at up to 75% off.
3) See whether a local office supply store has a cash-back or rewards program. Many do, and these can make your dollar go further. Plus, when you do sign up for these programs, you will generally receive emails about upcoming sales, when you can stock up on essentials for less money.
4) Be careful when buying office gadgets. You m
BP Community Scholarship Program
The BP Community Scholarship Program supports investing in the future of communities where they operate by encouraging local high school seniors to pursue their dreams of a college education. The BP Community Scholarship Program has gained the support of more than 180 local BP station owners and operators through their participation in the BP Fueling Communities Program, because of this many high school students will receive BP Community Scholarships.
To be considered for the BP Community Scholarship Program students must meet the following criteria: Students must be a current high school senior planning to enroll as a full-time college student in an accredited two or four-year college or university in the United States.
Rent increases could impact on non-homeowners
Over recent years, non-homeowners have experience severe problems when it comes to trying to get onto the property ladder, with lenders imposing strict criteria with regards to who they will lend to. This has left many unable to get onto the property ladder, which has resulted in a rising demand for rental homes.
The increased demand for rented property has brought with it further problems for non-homeowners, as it has sent rental prices soaring to a point where some people may no longer be able to afford to rent a home. Figures that were released by the Royal Institute of Chartered Surveyors recently showed that 42 percent more surveyors saw property rental prices increase in the three months to the end of April compared with those that saw a drop.