By Bob Kieber
A few years ago there was a movie named “Other People's Money.” In it Danny DeVito played a New Yorker who used other people's money to make a deal happen. This is, in a larger scale, the way you can buy and finance your primary home, second home or even an investment property.Real estate mortgages are just a simple and easy way that the average home buyer can leverage their position to buy something that on their own they cannot afford to buy as they do not have the cash to finalize the deal. Plus, mortgage brokers, such as myself, are in business to assist you the buyer in getting other peoples money for you.
The mortgage marketplace today allows homebuyers, such as Miss Brooke Trout, to buy a home. Miss Trout is a single High Country resident who has rented a condo for a couple of years. She has finally decided that this is the place to stay put for a few more years and most importantly, mortgage rates are low and real estate prices are at what she feels has bottomed out.
Miss Trout has a stable work history and a few dollars in the bank, so she has taken the first step to home ownership; she met with a mortgage professional. This step is important, as now she knows exactly how much she can afford to pay in monthly mortgage payments.
She also now knows that there are dozens of mortgage programs available to her, from standard 30-year mortgage to the short-term adjustable rate mortgages.
She knows that she can make a down payment to reduce the amount of cash she borrows and that she can obtain a mortgage that requires little out of pocket expense so she can do some painting and other improvements to the property she chooses.
Now that she knows how much she can afford to buy, the next step is meeting with a real estate agent. At this step Ms. Trout can walk into the real estate agent's office and state that she knows how much she can afford to purchase, knows which mortgage program she wants the mortgage professional to obtain for her and now all that is needed is the right property.
She is confident that she will be able to use other people's money to buy the ideal home for her.
In addition, if the mortgage professional has done his or her job, Ms. Brooke Trout will have a pre-qualification letter in her hand to show the seller that she is qualified to buy the property.
The mortgage professional may have taken it a step further by getting Ms. Trout pre-approved. This would allow for the closing of the deal to happen a bit sooner so Ms. Tout would stop paying rent sooner and start the pleasure of home ownership sooner.
So the bottom line is that mortgages are nothing more than a way to use other people's money to make your life hopefully better.
In addition to being a homeowner, there are tax benefits to using other people's money, but that is another article. So get to your friendly neighborhood mortgage professional to learn how to use other people's money to make home ownership a reality.
For answers to your mortgage related questions, call Bob Kieber at (970) 262-1199 or email him at rkieber@comcast.net. Bob is a local mortgage lender and principal of Resort Lending. He has 30-plus years of professional experience in real estate, finance and investments, and is a longtime resident of the High Country.
Saturday, 25 June 2011
Monsoon must-have: Home workout equipment
The Indian monsoon keeps a lot of us away from routine workouts at the gym. Some of us dread the bugs and infections flying around in gyms, while the rest simply love their tea and crisps in bed. Whatever your reason may be, don't let three months of pelting rain stop all the progress you made through the summer months. Get a hold of this monsoon must-have home workout equipment and start home workouts today. After all, when the sun comes out on the other side, you want to look your best in those shorts, right?
The humble skipping rope is a great tool to clock serious cardio hours without even leaving your bedroom. 30 minutes of light skipping burns about 350 calories per hour, a lot higher than the brisk walk around the neighbourhood. Add to it the fact that you don't need an expensive gym cardio machine, or an open park to get your cardiovascular exercise, and skipping is a great alternative for the monsoon months. A simple skipping rope costs about Rs. 200 to Rs. 500, and will help chalk out some time-effective short workouts. However, if it's the traditional treadmill you prefer, then you'll have to shell out some cash and empty out a fair amount of space. Cardio machines like elleptical trainers, treadmills, and exercycles will cost you anything from Rs. 5,000 to Rs. 4 lakhs, depending on the brand, detail and make. Many outdoor athletes prefer to rely on cardio machines in the monsoons and winters to keep up performance levels. When it comes to simple daily workout pursposes though, we see little to no reason for a heavy-duty cardio machine at home. Unless, of course space and money is of no concern to you.
Dumbbells , on the other hand, work well if you want to take bodyweight workouts to the next level with weighted exercises, or simply want to continue the gym momentum with weight lifting ability. A pair of chrome dumbbells will cost you approximately Rs. 250-300 per kg, while a pair of soft dumbbells with grip start at Rs. 800 for a pair of 3lb. Dumbbells take very little storage space, and minimal upkeep. Keep them free of dust, at a designated place (next to the skipping rop and an exercise mat, maybe?) and you've got the perfect workout gear for a full cardio+strength workout.
Barbells work for somewhat more serious exercisers, although even if you lift 12-20 pounds (roughly 7-10kgs), you can still find use for them. We do suggest that you buy a workout bench, since barbells require careful positioning for flat back exercises. Again, the plates are another cost here. The cost depends on the bar's weight, length, plates, collars (clips to prevent plates from sliding off) and workout bench. All in all, look to spending nothing less than Rs20,000. The workout bench should be adjustable to make exercises like incline press and decline press possible.
A yoga mat helps keep joint aches at bay even when you perform floor contact exercises. Think of the modified push-ups where you place bent knees on the floor while lowering and pushing your upper body. Or what about the grip for your palms and toes when you do those surya namaskars? A good exercise/yoga mat costs about Rs. 500 to Rs. 2500, depending on cushioning and length. A must for indoor workouts, a yoga mat can be your personal gym floor during these monsoon months.
Medicine balls are great for variety, as they allow you quick workouts in a small space indoors. Several core and strengthening exercises with medicine balls can keep you fit all through the monsoons. Medicine balls vary in sizes, with the smallest one starting at Rs. 600-800. An added advantage is that you won't need to keep increasing the medicine balls weight - variations in exercise form will be enough for greater muscle work.
Super space-savers - resistance bands make workouts interesting while being inexpensive. Stand on them and pull them up and down for bicep curls, or run them through a door handle or overhead loft handle, and try out lat pull downs and seated rows. Resistance bands are versatile, and if knowing how much weight you're pulling isn't a priority for you, then at just Rs. 300 to Rs. 1500, these bands can add plenty oomph to your indoor monsoon workouts. What's more, pack these and a skipping rope with you, and you're set for holiday workouts as well!
Read more Personal Health, Diet & Fitness stories on www.healthmeup.com
Source timesofindia.indiatimes
The humble skipping rope is a great tool to clock serious cardio hours without even leaving your bedroom. 30 minutes of light skipping burns about 350 calories per hour, a lot higher than the brisk walk around the neighbourhood. Add to it the fact that you don't need an expensive gym cardio machine, or an open park to get your cardiovascular exercise, and skipping is a great alternative for the monsoon months. A simple skipping rope costs about Rs. 200 to Rs. 500, and will help chalk out some time-effective short workouts. However, if it's the traditional treadmill you prefer, then you'll have to shell out some cash and empty out a fair amount of space. Cardio machines like elleptical trainers, treadmills, and exercycles will cost you anything from Rs. 5,000 to Rs. 4 lakhs, depending on the brand, detail and make. Many outdoor athletes prefer to rely on cardio machines in the monsoons and winters to keep up performance levels. When it comes to simple daily workout pursposes though, we see little to no reason for a heavy-duty cardio machine at home. Unless, of course space and money is of no concern to you.
Dumbbells , on the other hand, work well if you want to take bodyweight workouts to the next level with weighted exercises, or simply want to continue the gym momentum with weight lifting ability. A pair of chrome dumbbells will cost you approximately Rs. 250-300 per kg, while a pair of soft dumbbells with grip start at Rs. 800 for a pair of 3lb. Dumbbells take very little storage space, and minimal upkeep. Keep them free of dust, at a designated place (next to the skipping rop and an exercise mat, maybe?) and you've got the perfect workout gear for a full cardio+strength workout.
Barbells work for somewhat more serious exercisers, although even if you lift 12-20 pounds (roughly 7-10kgs), you can still find use for them. We do suggest that you buy a workout bench, since barbells require careful positioning for flat back exercises. Again, the plates are another cost here. The cost depends on the bar's weight, length, plates, collars (clips to prevent plates from sliding off) and workout bench. All in all, look to spending nothing less than Rs20,000. The workout bench should be adjustable to make exercises like incline press and decline press possible.
A yoga mat helps keep joint aches at bay even when you perform floor contact exercises. Think of the modified push-ups where you place bent knees on the floor while lowering and pushing your upper body. Or what about the grip for your palms and toes when you do those surya namaskars? A good exercise/yoga mat costs about Rs. 500 to Rs. 2500, depending on cushioning and length. A must for indoor workouts, a yoga mat can be your personal gym floor during these monsoon months.
Medicine balls are great for variety, as they allow you quick workouts in a small space indoors. Several core and strengthening exercises with medicine balls can keep you fit all through the monsoons. Medicine balls vary in sizes, with the smallest one starting at Rs. 600-800. An added advantage is that you won't need to keep increasing the medicine balls weight - variations in exercise form will be enough for greater muscle work.
Super space-savers - resistance bands make workouts interesting while being inexpensive. Stand on them and pull them up and down for bicep curls, or run them through a door handle or overhead loft handle, and try out lat pull downs and seated rows. Resistance bands are versatile, and if knowing how much weight you're pulling isn't a priority for you, then at just Rs. 300 to Rs. 1500, these bands can add plenty oomph to your indoor monsoon workouts. What's more, pack these and a skipping rope with you, and you're set for holiday workouts as well!
Read more Personal Health, Diet & Fitness stories on www.healthmeup.com
Source timesofindia.indiatimes
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Basement Contractor in Pittsburgh Uses Leading SEO Company to Help Customers Locate Services
America's Basement Contractor, has hired Prospect Genius, an online advertising agency, to support their local marketing efforts.
Pittsburgh, PA, June 25, 2011 --(PR.com)-- America’s Basement Contractor, a basement waterproofing and foundation repair provider based in Pittsburgh, has hired Prospect Genius, a leader in online marketing, to make it easier for potential customers to find their services. By teaming up with Prospect Genius to improve their Web advertising, America’s Basement Contractor will take the hassle out of finding information on foundation crack repair and mold remediation in the Pittsburgh area with online searches.
Alex Pelli, president of Prospect Genius, says, “The team at Prospect Genius is proud to assist America's Basement Contractor in connecting with customers in Pittsburgh who are in the market for foundation repair and basement waterproofing services. We look forward to a great relationship with this industry leader.”
Prospect Genius will improve America’s Basement Contractor’s online marketing by implementing a method known as search engine optimization (SEO). SEO works by increasing the company’s Web prominence during online searches. This means that when locals enter their Pittsburgh-area location and a desired service, such as “mold removal” into a search engine like Google, Bing, or Yahoo!, pertinent company information will be listed at or near the top of the results page. This increased online visibility can be very beneficial to local businesses, as individuals in the market for a professional contractor are continually turning to the Internet to find the services they need.
Studies have shown that the Web sites ranked higher on results pages receive more Web traffic than sites listed on subsequent pages, so SEO can play a very vital role in helping property owners in need of foundation repair and basement waterproofing find a qualified local professional.
Matt Gallo, a senior Internet marketing specialist with Prospect Genius, states, “Effective SEO is beneficial for both our clients and their potential customers. By increasing the visibility of America’s Basement Contractor, we’re not only helping to spread the word about their company—we’re also making it easier than ever for Pittsburgh-area property owners to find professional basement waterproofing, mold removal, and other related services.”
American’s Basement Contractor provides Pittsburgh and environs with foundation crack repair, basement waterproofing, and more.
###
Alex Pelli, president of Prospect Genius, says, “The team at Prospect Genius is proud to assist America's Basement Contractor in connecting with customers in Pittsburgh who are in the market for foundation repair and basement waterproofing services. We look forward to a great relationship with this industry leader.”
Prospect Genius will improve America’s Basement Contractor’s online marketing by implementing a method known as search engine optimization (SEO). SEO works by increasing the company’s Web prominence during online searches. This means that when locals enter their Pittsburgh-area location and a desired service, such as “mold removal” into a search engine like Google, Bing, or Yahoo!, pertinent company information will be listed at or near the top of the results page. This increased online visibility can be very beneficial to local businesses, as individuals in the market for a professional contractor are continually turning to the Internet to find the services they need.
Studies have shown that the Web sites ranked higher on results pages receive more Web traffic than sites listed on subsequent pages, so SEO can play a very vital role in helping property owners in need of foundation repair and basement waterproofing find a qualified local professional.
Matt Gallo, a senior Internet marketing specialist with Prospect Genius, states, “Effective SEO is beneficial for both our clients and their potential customers. By increasing the visibility of America’s Basement Contractor, we’re not only helping to spread the word about their company—we’re also making it easier than ever for Pittsburgh-area property owners to find professional basement waterproofing, mold removal, and other related services.”
American’s Basement Contractor provides Pittsburgh and environs with foundation crack repair, basement waterproofing, and more.
###
Contact Information
America’s Basement ContractorCarl Spigelmeyer
(412) 348-8535
americasbasement.123@pittsburgh-biz.com
basement-waterproofing.pittsburgh-biz.com
Source pr
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St. Jude patients gives us dream home tour
by Kim Fields
BOISE -- You have just a few days left to buy your ticket for the St. Jude Dream Home Giveaway. Someone will win the brand new home on Sunday.
Owen Church, a St. Jude patient, gives us a peak at the home and what this fundraiser means to St Jude. By buying a ticket for a chance to win this St. Jude Dream Home in Eagle, you're giving children with cancer a chance at another birthday, another Christmas and Thanksgiving.
"This would make a really cool kids room," said Owen.
Five-year-old Owen tours the St. Jude Dream Home in Eagle -- a home that will help raise money to fight childhood cancers, like the one he has.
"Help my leukemia cells go away and stay way," said Owen.
Owen knows how important St. Jude is in the fight against cancer. But the hospital can't do it alone. The daily operating costs for St. Jude is $1.6 million, which is primarily covered by public contributions. And no child is ever denied treatment because of the family's inability to pay.
"Every penny that they get is going to help children. And Owen took this to heart. Last year, when he turned five, on his 5th birthday, he had the idea of forgoing presents for himself and asking his friends and their families to donate money to St. Jude in his honor," said Kelly McMonigle Church, Owen's mom.
"All of us did it. My friends raised money for St. Jude. It just helps the kids and the people that are trying to help them. It does a lot for them, so I just did it," said Owen.
Owen's party raised about $1,000. The Dream Home giveaways, like the one in Eagle, have helped raised $155 million nationwide for St. Jude. And with your help, St. Jude can raise even more.
“It's just amazing to me all the work that's been donated. All the work that's been done to benefit the hospital," said Kelly.
And to benefit patients like Owen. Owen continues to receive chemotherapy once a week at St. Jude. He likes to think of chemo as a germ killer.
"It goes into my port and they just start pushing it and it goes into body kills the germs that are bugging around," said Owen.
And even when the germ killer made his hair fall out, Owen knew that meant the medicines were working.
"My hair felled out. But I knew it was just helping me heal my cancer and so I knew it was alright," said Owen.
And hopefully in about another year, the germs bugging around Owen's blood will be gone for good.
"We are trusting the Lord that he will stay cancer-free for the rest of his life," said McMonigle Church.
Owen has left a little reminder for the winner of the St. Dream Home -- his handprints in the cement on the side steps of the home. A reminder of all the good that comes from donating to the St. Jude Dream Home Giveaway.
Limited tickets are left for a chance to win the dream house in the Lakemoor Subdivision off Eagle Road, across from Banbury Golf Club.
Tickets are $100 each.
The winner of the St. Jude Dream Home Giveaway will be drawn Sunday night in a live broadcast on Channel 7.
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It's yard-sale season: Here are some tips from a pro
What is the one way you can make money and clear clutter at the same time? Have a yard sale or garage sale. Not just any sale but one that will clean out your home and fill up your bank account.
When I was 7, my mom helped me with my first garage sale. Back then, I thought it was amazing that you could put stuff you didn't need or use out on the lawn, and people would give you money for it.
We did so well during that first garage sale that we ran out of stuff. So when Mom left to make lunch, I went back in the house to hunt for more things to sell!
I've held more than 50 garage sales since then. So I can attest to the fact that, especially during the summer months, yard sales and garage sales are easy to host and can make you some money.
And that's just one reason people such as Randy Mason become garage-sale junkies. The Denver finance executive says he's been hooked on these events for 20 years, and not just because of the bargains.
"It is a very social affair," Mason says of the garage-sale scene. "It is a great way to meet people that you would have never met."
Tips from a pro
First, pick a date. My experience is that the most effective garage sales are limited to just one day. And that day should be a Saturday.Determine your hours of operation. The old school of thought was the longer the sale, the better. But I recommend beginning at 9 a.m. and ending at 4 p.m. Just remember: Some shoppers will arrive before your posted start time. The hard-core garage-sale junkies are always out early to get the best picks.
Go room to room and closet to closet to find anything you don't use. My rule of thumb: If you haven't used it or worn it for a full year, you probably don't need it. So sell it!
Make at least 20 signs and place them around your neighborhood. Great locations for signs include library parking lots and exits, grocery-store parking lots, and busy street intersections.
Go viral. A week prior to the sale, invite all your friends on Facebook and LinkedIn, and place a detailed ad on Craigslist. There's also a new free website called Tag Sell It (tagsellit.com) where you can advertise your garage sales and see other sales happening in your neighborhood.
Enlist sale volunteers. Ask friends and family for help. The more helpers you have, the easier it will be for you to manage transactions.
Set up a lemonade/cookie stand at your sale. Your kids can run it for you. This teaches them the value of money and allows you to keep an eye on them at the same time. If there are no kids available to run the stand, look for a local charity that would like the opportunity to make some extra money. Why bother with snacks? They keep people at your sale longer, and the longer they stay, the more they spend. Guaranteed. Music also can encourage shoppers to linger.
Get plenty of change from the bank.
Have extension cords handy to use if you have any electrical items for sale, in case someone wants to see one work.
When conducting transactions, negotiate, but don't be too greedy. Price things to sell. The goal is to sell your stuff, not for it to take up room in your garage. Remember, the car wants back in the garage!
Donate leftover items from the sale to charity. Not only will this keep the stuff out of your garage, you will get a tax write-off from the charity and it will help people in your community.
I have made thousands of dollars at garage sales, met great people and had fun doing it. Now go forth and sell!
Aaron LaPedis is a guest columnist. The Denver-area art and collectibles dealer is the author of "The Garage Sale Millionaire." For more information on the book, visit thegaragesalemillionaire.com. Do you have a question about an antique or collectible? E-mail it to living@denverpost.com.
Source http://www.denverpost.com/
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Four Things to Do to Prepare for a Home Purchase and Mortgage Loan
Article Submitted By: CA Hagy
Are you planning on buying a home soon? If so, take some time to make preparations so you can find out what you can actually afford and get a good interest rate when you make your purchase.
Buying a home is going to be one of the most important decisions you will ever make. Unfortunately, many home buyers take this decision too lightly and they jump into it without taking the proper steps to save money and make an educated purchase. Here are four things you should do to financially prepare for a home purchase so you don’t make an impulse decision that could cost you thousands more than necessary.
1. Reduce Your Debt
Debt is one of the main obstacles to getting decent mortgage rates when you decide to buy a home. If you have credit card debt, medical bills or other consumer debt, put your plans of buying a home on hold until you can at least pay down your debt considerably. Many financial experts suggest that you pay off as much debt as you can before applying for a mortgage as debt-to-income ratio is one of the three main things mortgage lenders evaluate. The lower this ratio at the time you apply for a mortgage, the better risk you are going to be.
2. Make Virtual Payments
Start putting money is savings as soon as possible after paying off your debts. To practice paying a mortgage, you should do this the same time each month. Pretend that you already have a mortgage payment to get accustomed to making your payments on time so you will be well-versed in that when you finally purchase a home. Use this money for your down payment when you find the house you want to buy.
3. Improve Your Credit
One big mistake that first-time home buyers make is not knowing their credit score before applying for a mortgage. You can get free credit scores through various websites and since your credit score is one of the determining factors in getting a mortgage loan, you should know what it is before you apply. There may be things on your report that drag your overall score down, and inaccurate information may cause a lower score than what you should have. Take care of these things and improve your score as much as possible before you apply for a mortgage loan, even if it means postponing your home purchase. It’s better than getting a high mortgage rate and paying more than you need to over the term of your loan.
4. Visit Open Houses
Many home buyers do not know what homes are worth. That’s why it is important to visit open houses that realtors have. You can see what homes are worth in your area so you can plan your budget accordingly, and avoid waiting until it’s time to buy to find out that you can’t afford a decent-sized home that will accommodate all of your family’s needs.
With the proper preparations, you can make an informed decision rather than an impulse one. There is nothing wrong with taking some extra time to make sure you make a good decision on the most important purchase of your life.
Are you planning on buying a home soon? If so, take some time to make preparations so you can find out what you can actually afford and get a good interest rate when you make your purchase.
Buying a home is going to be one of the most important decisions you will ever make. Unfortunately, many home buyers take this decision too lightly and they jump into it without taking the proper steps to save money and make an educated purchase. Here are four things you should do to financially prepare for a home purchase so you don’t make an impulse decision that could cost you thousands more than necessary.
1. Reduce Your Debt
Debt is one of the main obstacles to getting decent mortgage rates when you decide to buy a home. If you have credit card debt, medical bills or other consumer debt, put your plans of buying a home on hold until you can at least pay down your debt considerably. Many financial experts suggest that you pay off as much debt as you can before applying for a mortgage as debt-to-income ratio is one of the three main things mortgage lenders evaluate. The lower this ratio at the time you apply for a mortgage, the better risk you are going to be.
2. Make Virtual Payments
Start putting money is savings as soon as possible after paying off your debts. To practice paying a mortgage, you should do this the same time each month. Pretend that you already have a mortgage payment to get accustomed to making your payments on time so you will be well-versed in that when you finally purchase a home. Use this money for your down payment when you find the house you want to buy.
3. Improve Your Credit
One big mistake that first-time home buyers make is not knowing their credit score before applying for a mortgage. You can get free credit scores through various websites and since your credit score is one of the determining factors in getting a mortgage loan, you should know what it is before you apply. There may be things on your report that drag your overall score down, and inaccurate information may cause a lower score than what you should have. Take care of these things and improve your score as much as possible before you apply for a mortgage loan, even if it means postponing your home purchase. It’s better than getting a high mortgage rate and paying more than you need to over the term of your loan.
4. Visit Open Houses
Many home buyers do not know what homes are worth. That’s why it is important to visit open houses that realtors have. You can see what homes are worth in your area so you can plan your budget accordingly, and avoid waiting until it’s time to buy to find out that you can’t afford a decent-sized home that will accommodate all of your family’s needs.
With the proper preparations, you can make an informed decision rather than an impulse one. There is nothing wrong with taking some extra time to make sure you make a good decision on the most important purchase of your life.
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Playing in Baltimore will pay off for Maryland
Posted by Tom Fornelli
Earlier this week Maryland announced that it would be playing two upcoming home games at M&T Bank Stadium in Baltimore. One against West Virginia in 2013, and again against Virginia Tech in 2014. While you'll hear reasons about getting the school more exposure in the city of Baltimore and hopefully picking up an edge in recruiting by playing in an NFL stadium, there's a bigger factor in Maryland's decision. One that the school isn't shying away from, either.
Maryland is going to make money off of these games. More money than if they'd just played the games at Byrd Stadium.
In an email to the Washington Post, Maryland's deputy director of athletics, Randy Eaton, says that the school is set to make about $3.5 million per game in Baltimore. That's compared to the $1.5 million the school normally makes for every game in Byrd Stadium, which means that's an extra $4 million in the school's coffers.
“In addition to all the other benefits of playing this type of game in Baltimore – extending our fan base, recruiting, enhancing the experience for our student-athletes and fans – the additional revenue is vital for the ongoing financial challenges facing Maryland athletics,” Eaton told the Washington Post.
Athletic director Kevin Anderson also told the paper that the school had been working on moving these games to Baltimore for six months, and that the financial benefits were a factor in the decision, and called the added revenue along with greater exposure for the school a "perfect storm."
Considering the decline in season ticket sales at Maryland the last few years -- a factor that played a role in Ralph Friedgen's dismissal -- this is a move that makes sense for the school, and I wouldn't be shocked to see Maryland schedule more games in Baltimore in the future. I know of at least one opponent Randy Edsall might like to play there.
Earlier this week Maryland announced that it would be playing two upcoming home games at M&T Bank Stadium in Baltimore. One against West Virginia in 2013, and again against Virginia Tech in 2014. While you'll hear reasons about getting the school more exposure in the city of Baltimore and hopefully picking up an edge in recruiting by playing in an NFL stadium, there's a bigger factor in Maryland's decision. One that the school isn't shying away from, either.
Maryland is going to make money off of these games. More money than if they'd just played the games at Byrd Stadium.
In an email to the Washington Post, Maryland's deputy director of athletics, Randy Eaton, says that the school is set to make about $3.5 million per game in Baltimore. That's compared to the $1.5 million the school normally makes for every game in Byrd Stadium, which means that's an extra $4 million in the school's coffers.
“In addition to all the other benefits of playing this type of game in Baltimore – extending our fan base, recruiting, enhancing the experience for our student-athletes and fans – the additional revenue is vital for the ongoing financial challenges facing Maryland athletics,” Eaton told the Washington Post.
Athletic director Kevin Anderson also told the paper that the school had been working on moving these games to Baltimore for six months, and that the financial benefits were a factor in the decision, and called the added revenue along with greater exposure for the school a "perfect storm."
Considering the decline in season ticket sales at Maryland the last few years -- a factor that played a role in Ralph Friedgen's dismissal -- this is a move that makes sense for the school, and I wouldn't be shocked to see Maryland schedule more games in Baltimore in the future. I know of at least one opponent Randy Edsall might like to play there.
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Gloucester Rugby Fans Forum: 'We should never lose at home'
THIS week, Gloucester Rugby owner Ryan Walkinshaw, chairman David McKnight, head coach Bryan Redpath and his assistant Carl Hogg faced the Cherry and Whites' faithful. Here in the second part of our report on the meeting, they answer questions on kicking, Twitter, bar prices and the forthcoming season.
Question: Do we have a kicking coach at the club?
Bryan Redpath: Jon Callard came in last year and worked with Nicky (Robinson), Freddie (Burns) and Timmy (Taylor) and I think it is a massive challenge.
Nicky was really desperate to succeed in that he was second-choice kicker at Cardiff and came into that challenge of kicking for goal.
Being a goal-kicker is the easy part, dealing with the mental element of it is the difficult part.
The most consistent in training is Tim Taylor.
We knew we scored enough tries but didn't take enough of the three, six, nine-pointers that would have won us four or five games which could have seen a different season.
Jon comes in generally every week, but the mentality side of it is a challenge for Freddie and Timmy this year.
I believe we can make them better under pressure. Kicking in training is a more comfort zone area.
We need to be out there doing it every single week and having the confidence to do it.
Jon Callard has been in touch, asking when we can start, when they are physically in good nick again to kick.
Ryan Mills is another we can pull into that .
We are looking to try and address it and create some confidence along the way.
It is very easy to say you are rubbish and bring someone else in, but goal-kickers are very few and far between and generally come with a big pay cheque.
Q: What are the three things you are looking to achieve in pre-season and the season overall?
Carl Hogg: In pre-season we are going to be fit and we are going to work really hard.
The game now is multi-phases and we have got to be really fit, we have got to get a game understanding up to speed by the end of August so everybody is on the same page.
We don't have that many people coming in, but there are some positives in that we need to evolve some of our game. But we have got a solid group of players that understand it and know it.
The third thing is we need to develop this culture, we need to develop the will and belief to play for this club.
In the past, and other environments, you have had individuals that have said: 'If I play well I will get picked for so and so.'
It is not about that, but it is about performing well for Gloucester and that is a key thing we will drive in pre-season.
BR: Last year, myself and Hoggy believed we could win the Premiership and I remember sitting in front of the players and saying that.
I said that to Ken (Nottage) and he fell off his high chair and laughed at me.
But that was something we believed we could achieve last year and we were not far off that.
Now the challenge is tough next season because of World Cups and what kind of state your players come back in physically and mentally – hence why some of the youth is going to get promoted through pre season.
The first challenge is always Heineken Cup rugby – you have to get in that top six.
The second thing is this place is precious, Kingsholm, we never want to lose a game at Kingsholm.
Eighteen games last year, we lose one: La Rochelle. We should never had lost that game, we should never lose at Kingsholm.
The third challenge is to play away from Kingsholm. It is not for me to say, 'Yes we are going to win the Premiership, Heineken, the LV.'
There are many ways of how we get the icing on the cake at the end.
We need to be mentally stronger, we have been frail mentally weak and nervous and jumped off script a little bit.
So that is a real challenge for me and Carl to delve into that and be a more competitive side.
We had 18 games away from home and we lost ten and draw one and won seven.
But we lost to Leeds, Sale, Newcastle and Exeter and at one stage that was the bottom four in the Premiership.
That is not good enough and that is a real mental problem we have to overcome.
Playing here in front of you guys, there is fear factor and embarrassment factor and they don't want to lose.
On a general term for me and Carl, we have talked when we walk up there as coaches.
We don't want to let anyone down as coaches, we want to make sure our pre-match talk is right, our half-time talk is right, our guidance during the match is right.
But we must master the area on how we win away from home.
Winning at Wasps on a ugly wet day was very satisfactory.
Winning at Northampton was massive and it's irrelevant how you play or how attractive it looks.
Of course we are here to try and win the Premiership, but to do that, it is an 11-month cycle.
CH: We have got a few monkeys off our back. We won at Northampton and Bath and got a draw at Leicester – places we have gone in the past and struggled to deliver.
We have gone to cup finals and have not performed.
We were a bit nervous up at Franklin's Gardens, but in the second half we won a cup, so there should be an element of belief filtering though that we can go places and deliver and not just bank on home wins.
The Sales, the Newcastles and Leeds away – we have go to get those right.
That is mental inconsistency, not ability, and that is putting pressure on players to deliver and that is something we talked about.
If is a Bath then you are in the right frame of mind, it is really easy because of all the rivalry goes with it.
We go to Leeds, a team we supposedly should beat.
That is challenge for an individual to go out and perform whether it is a Headingley or Kingsholm – it is the same game and the same challenge mentally.
Ken Nottage: What do we think about Twitter and will players be banned or banned from tweeting?
CH: I don't tweet and I don't use Facebook, I am not a big believer in it.
BR: We are Scottish, we haven't got that yet! We have had some issues with it throughout the season, or parts of it.
The players just have to be very smart. I would never ban anyone from it, but I don't want any of the rugby environment stuff getting discussed on it.
There are things in our environment that are very challenging and may be disrespectful if you give someone a hard time.
Some of the language two well-educated Scotsman give them on Saturday afternoon is not something we will be discussing on Twitter or Facebook.
If there is an injury or any work information put on it, the players know they have been given a statement by the club in their one-on-one meetings that anything that is work related that should not be on there, does not go on there.
What they do in their own time, I have no issues with.
I don't necessarily want to speak to them out of work but on general terms there is a level of confidentiality about what goes on in physiotherapy and conditioning and game plans and disappointment.
Now we can't stop people from saying they are disappointed for not being selected, but you have just got be careful.
If it goes bigger than the club, it is not a club issue.
A club would not be held accountable by something an individual says on there.
It is a personal choice to use it, we don't have a huge issue with it as long as it does not relate to Gloucester Rugby club.
Ryan Walkinshaw: I was on Twitter before I was more in the public eye and I have been on Facebook since the beginning because it is a useful tool when you move around.
I have said one thing about refs I should not have said and I will put that down to emotions, but that was a mistake and I have learned from it.
But more and more I have found people are following me.
I said something after the races in Australia about me having to move down there for a couple of months and suddenly it was saying, 'Walkinshaw eyes move down under', and a whole bunch of ridiculous nonsense about me looking for a house down there and lot of things do get twisted For me it is a nice way to keep in touch with the boys, it helps my relationship with some of the guys, I think it helps develop it.
Twitter and Facebook are key features of young society now and it is going to get more important.
Everyone has the right to their opinions and I think most of the players on there – except the more outspoken ones – use it to talk about Buxton burgers or Geordie Shore.
I think Nando's is the hottest topic, which is not dangerous.
I think it is something very good for the fans. It allows everyone to see what they are doing and it means you feel like you have a relationship you are not going to see.
Q: Will the shirts keep the hoops?
RW: I have been involved in the new design along with Pete Grzonka.
I designed the original full red one with the shoulder pads and two white lines on it. I have got a lot of stick for designing the ladders one.
I designed a huge range of shirts and a couple of people here decided to choose that one as their favourite.
It was one of my least favourites, but you live and learn.
The new shirt is nice, we have had a lot of positive feedback.
There is a slight change to the red, it is going back to more cherry red. They will have hoops which will keep people very happy.
There are a couple of slight changes to make it more modern, but on the whole it is not a huge difference but still very cool and I think it will sell well.
The European shirt is something I designed with Pete and Cougar which is a bit different to bring in a new feel.
The players might now even play in it just to sell and it is different to anything we have done.
Some people may not like it, but the young guys may like it, so we will see how that goes.
Could you give us an insight into the new players?
CH: Chistolini. It was a John Brain finding. He identified him down in Italy.
He was originally South African and he has played there down in the Cape.
He was a young kid not given much of a look-in down in South Africa because of the quota system.
He has Italian ancestry so he has been playing there, but he is a real out-and-out scrummager.
I watched him against Russia. He came on and he could scrum, there is no doubt about that, so I think we have unearthed a diamond.
He has some fitness work to do in a full professional environment.
Dan Murphy has come across from London Irish.
He is somebody that is a proven performer at Premiership level.
I think they could not afford to have three front line loose heads, so Dan came on the market.
It is in line with what we were talking about, developing English talent and he will push Woody.
We have seen him this week and he is a good specimen, he has the attributes – I am pretty positive about Dario and Dan.
Hooker Matias Cortese is again one of John Brain findings.
He was playing for the Jaguars, an Argentinean provincial side in the Vodacom cup in South Africa.
He has played in the Premiership with Northampton and he is a big man – 120kg .
I have not met him yet because he arrives on Friday but he give us the contrast.
If we are loading up against a Northampton and Leicester, they will look to load the scrum and Leicester around lineout time.
If you have that contrast you can pick and choose how the season goes on and Matty will give us that big physical presence in that front row.
RW: Hartpury and Gloucester have invested a lot of money in developing a brand new building in Hartpury College which will be Gloucester's own training complex.
It will have original changing rooms they were already using but revamped with nice hot showers that they have been lacking, a huge state-of-the-art gym and new offices for Bryan and Carl.
We will have all the academy staff in one building and we will be looking at allowing fans to come for a small amount of money to have lunch there and maybe watch some of the training as well, which Bryan is happy to let us do.
They are complete start-of-the art facilities, to make sure not only that the players are happy but to help entice some players who might not have that at their club, to come to Gloucester so they can have the best you can get.
CH: Hartpury is an outstanding facility when it is off-term and pre-season it is great.
The nature of Hartpury and it being an institution means they need numbers through doors to make money.
I have been here five years and the population of Hartpury must have swelled by 40 or 50 per cent.
It is problematic for us during the season if some of our games are scheduled for a Friday or a Sunday and change for TV.
We haven't got the flexibility during the academic timetable and it makes it difficult on a day-to-day basis.
But what the club have provided us for next season will be outstanding and up and running by October.
We don't want to give the players any excuse.
Opportunities to have whinge or a moan are now removed so we can put a bit more heat on the players.
Q: Why are the bar prices so high?
KN: We looked at all the bar prices, and all the pubs around and we are the best, we are competitive.
We compared them all and we are cheaper than the pubs around us.
When we researched it, it was not price, it was environment. You want to feel you are part of Gloucester Rugby club, this is my club, it is something I belong to, so how can we do that? The ground floor feels like a bus shelter you need to invest in it, so we put £30,000 into it.
We will have to put a laminate floor or something more attractive in.
We changed the lighting and we put in seating and stuff on the walls to try and create a more 'club' feel.
What we do know from speaking to the brewery is that changing habits in the brewery industry is very difficult.
Source http://www.thisisgloucestershire.co.uk/
Question: Do we have a kicking coach at the club?
Bryan Redpath: Jon Callard came in last year and worked with Nicky (Robinson), Freddie (Burns) and Timmy (Taylor) and I think it is a massive challenge.
Nicky was really desperate to succeed in that he was second-choice kicker at Cardiff and came into that challenge of kicking for goal.
Being a goal-kicker is the easy part, dealing with the mental element of it is the difficult part.
The most consistent in training is Tim Taylor.
We knew we scored enough tries but didn't take enough of the three, six, nine-pointers that would have won us four or five games which could have seen a different season.
Jon comes in generally every week, but the mentality side of it is a challenge for Freddie and Timmy this year.
I believe we can make them better under pressure. Kicking in training is a more comfort zone area.
We need to be out there doing it every single week and having the confidence to do it.
Jon Callard has been in touch, asking when we can start, when they are physically in good nick again to kick.
Ryan Mills is another we can pull into that .
We are looking to try and address it and create some confidence along the way.
It is very easy to say you are rubbish and bring someone else in, but goal-kickers are very few and far between and generally come with a big pay cheque.
Q: What are the three things you are looking to achieve in pre-season and the season overall?
Carl Hogg: In pre-season we are going to be fit and we are going to work really hard.
The game now is multi-phases and we have got to be really fit, we have got to get a game understanding up to speed by the end of August so everybody is on the same page.
We don't have that many people coming in, but there are some positives in that we need to evolve some of our game. But we have got a solid group of players that understand it and know it.
The third thing is we need to develop this culture, we need to develop the will and belief to play for this club.
In the past, and other environments, you have had individuals that have said: 'If I play well I will get picked for so and so.'
It is not about that, but it is about performing well for Gloucester and that is a key thing we will drive in pre-season.
BR: Last year, myself and Hoggy believed we could win the Premiership and I remember sitting in front of the players and saying that.
I said that to Ken (Nottage) and he fell off his high chair and laughed at me.
But that was something we believed we could achieve last year and we were not far off that.
Now the challenge is tough next season because of World Cups and what kind of state your players come back in physically and mentally – hence why some of the youth is going to get promoted through pre season.
The first challenge is always Heineken Cup rugby – you have to get in that top six.
The second thing is this place is precious, Kingsholm, we never want to lose a game at Kingsholm.
Eighteen games last year, we lose one: La Rochelle. We should never had lost that game, we should never lose at Kingsholm.
The third challenge is to play away from Kingsholm. It is not for me to say, 'Yes we are going to win the Premiership, Heineken, the LV.'
There are many ways of how we get the icing on the cake at the end.
We need to be mentally stronger, we have been frail mentally weak and nervous and jumped off script a little bit.
So that is a real challenge for me and Carl to delve into that and be a more competitive side.
We had 18 games away from home and we lost ten and draw one and won seven.
But we lost to Leeds, Sale, Newcastle and Exeter and at one stage that was the bottom four in the Premiership.
That is not good enough and that is a real mental problem we have to overcome.
Playing here in front of you guys, there is fear factor and embarrassment factor and they don't want to lose.
On a general term for me and Carl, we have talked when we walk up there as coaches.
We don't want to let anyone down as coaches, we want to make sure our pre-match talk is right, our half-time talk is right, our guidance during the match is right.
But we must master the area on how we win away from home.
Winning at Wasps on a ugly wet day was very satisfactory.
Winning at Northampton was massive and it's irrelevant how you play or how attractive it looks.
Of course we are here to try and win the Premiership, but to do that, it is an 11-month cycle.
CH: We have got a few monkeys off our back. We won at Northampton and Bath and got a draw at Leicester – places we have gone in the past and struggled to deliver.
We have gone to cup finals and have not performed.
We were a bit nervous up at Franklin's Gardens, but in the second half we won a cup, so there should be an element of belief filtering though that we can go places and deliver and not just bank on home wins.
The Sales, the Newcastles and Leeds away – we have go to get those right.
That is mental inconsistency, not ability, and that is putting pressure on players to deliver and that is something we talked about.
If is a Bath then you are in the right frame of mind, it is really easy because of all the rivalry goes with it.
We go to Leeds, a team we supposedly should beat.
That is challenge for an individual to go out and perform whether it is a Headingley or Kingsholm – it is the same game and the same challenge mentally.
Ken Nottage: What do we think about Twitter and will players be banned or banned from tweeting?
CH: I don't tweet and I don't use Facebook, I am not a big believer in it.
BR: We are Scottish, we haven't got that yet! We have had some issues with it throughout the season, or parts of it.
The players just have to be very smart. I would never ban anyone from it, but I don't want any of the rugby environment stuff getting discussed on it.
There are things in our environment that are very challenging and may be disrespectful if you give someone a hard time.
Some of the language two well-educated Scotsman give them on Saturday afternoon is not something we will be discussing on Twitter or Facebook.
If there is an injury or any work information put on it, the players know they have been given a statement by the club in their one-on-one meetings that anything that is work related that should not be on there, does not go on there.
What they do in their own time, I have no issues with.
I don't necessarily want to speak to them out of work but on general terms there is a level of confidentiality about what goes on in physiotherapy and conditioning and game plans and disappointment.
Now we can't stop people from saying they are disappointed for not being selected, but you have just got be careful.
If it goes bigger than the club, it is not a club issue.
A club would not be held accountable by something an individual says on there.
It is a personal choice to use it, we don't have a huge issue with it as long as it does not relate to Gloucester Rugby club.
Ryan Walkinshaw: I was on Twitter before I was more in the public eye and I have been on Facebook since the beginning because it is a useful tool when you move around.
I have said one thing about refs I should not have said and I will put that down to emotions, but that was a mistake and I have learned from it.
But more and more I have found people are following me.
I said something after the races in Australia about me having to move down there for a couple of months and suddenly it was saying, 'Walkinshaw eyes move down under', and a whole bunch of ridiculous nonsense about me looking for a house down there and lot of things do get twisted For me it is a nice way to keep in touch with the boys, it helps my relationship with some of the guys, I think it helps develop it.
Twitter and Facebook are key features of young society now and it is going to get more important.
Everyone has the right to their opinions and I think most of the players on there – except the more outspoken ones – use it to talk about Buxton burgers or Geordie Shore.
I think Nando's is the hottest topic, which is not dangerous.
I think it is something very good for the fans. It allows everyone to see what they are doing and it means you feel like you have a relationship you are not going to see.
Q: Will the shirts keep the hoops?
RW: I have been involved in the new design along with Pete Grzonka.
I designed the original full red one with the shoulder pads and two white lines on it. I have got a lot of stick for designing the ladders one.
I designed a huge range of shirts and a couple of people here decided to choose that one as their favourite.
It was one of my least favourites, but you live and learn.
The new shirt is nice, we have had a lot of positive feedback.
There is a slight change to the red, it is going back to more cherry red. They will have hoops which will keep people very happy.
There are a couple of slight changes to make it more modern, but on the whole it is not a huge difference but still very cool and I think it will sell well.
The European shirt is something I designed with Pete and Cougar which is a bit different to bring in a new feel.
The players might now even play in it just to sell and it is different to anything we have done.
Some people may not like it, but the young guys may like it, so we will see how that goes.
Could you give us an insight into the new players?
CH: Chistolini. It was a John Brain finding. He identified him down in Italy.
He was originally South African and he has played there down in the Cape.
He was a young kid not given much of a look-in down in South Africa because of the quota system.
He has Italian ancestry so he has been playing there, but he is a real out-and-out scrummager.
I watched him against Russia. He came on and he could scrum, there is no doubt about that, so I think we have unearthed a diamond.
He has some fitness work to do in a full professional environment.
Dan Murphy has come across from London Irish.
He is somebody that is a proven performer at Premiership level.
I think they could not afford to have three front line loose heads, so Dan came on the market.
It is in line with what we were talking about, developing English talent and he will push Woody.
We have seen him this week and he is a good specimen, he has the attributes – I am pretty positive about Dario and Dan.
Hooker Matias Cortese is again one of John Brain findings.
He was playing for the Jaguars, an Argentinean provincial side in the Vodacom cup in South Africa.
He has played in the Premiership with Northampton and he is a big man – 120kg .
I have not met him yet because he arrives on Friday but he give us the contrast.
If we are loading up against a Northampton and Leicester, they will look to load the scrum and Leicester around lineout time.
If you have that contrast you can pick and choose how the season goes on and Matty will give us that big physical presence in that front row.
RW: Hartpury and Gloucester have invested a lot of money in developing a brand new building in Hartpury College which will be Gloucester's own training complex.
It will have original changing rooms they were already using but revamped with nice hot showers that they have been lacking, a huge state-of-the-art gym and new offices for Bryan and Carl.
We will have all the academy staff in one building and we will be looking at allowing fans to come for a small amount of money to have lunch there and maybe watch some of the training as well, which Bryan is happy to let us do.
They are complete start-of-the art facilities, to make sure not only that the players are happy but to help entice some players who might not have that at their club, to come to Gloucester so they can have the best you can get.
CH: Hartpury is an outstanding facility when it is off-term and pre-season it is great.
The nature of Hartpury and it being an institution means they need numbers through doors to make money.
I have been here five years and the population of Hartpury must have swelled by 40 or 50 per cent.
It is problematic for us during the season if some of our games are scheduled for a Friday or a Sunday and change for TV.
We haven't got the flexibility during the academic timetable and it makes it difficult on a day-to-day basis.
But what the club have provided us for next season will be outstanding and up and running by October.
We don't want to give the players any excuse.
Opportunities to have whinge or a moan are now removed so we can put a bit more heat on the players.
Q: Why are the bar prices so high?
KN: We looked at all the bar prices, and all the pubs around and we are the best, we are competitive.
We compared them all and we are cheaper than the pubs around us.
When we researched it, it was not price, it was environment. You want to feel you are part of Gloucester Rugby club, this is my club, it is something I belong to, so how can we do that? The ground floor feels like a bus shelter you need to invest in it, so we put £30,000 into it.
We will have to put a laminate floor or something more attractive in.
We changed the lighting and we put in seating and stuff on the walls to try and create a more 'club' feel.
What we do know from speaking to the brewery is that changing habits in the brewery industry is very difficult.
Source http://www.thisisgloucestershire.co.uk/
Labels:
DaiLy
Home Based Business – Solid Option for Growing Segment of US Economy
Posted by Margaret Brenneman
Home Based Business is a Hot Trend in US Economy
People who own a home based business are quickly becoming a part of the fastest-growing segment of the US economy. There was a time when home-based business owners were looked at with some measure of disdain, but that is not the case any longer. The economy is helping people look at income creation with a wider scope. As recently as May, 2011, the unemployment rate was 9.1 percent. According to the Bureau of Labor Statistics website, there were gains in jobs in the areas of healthcare, professional and business services, and mining, but local employment has continued to go down. Having a home based business seems preferable to many as they have been forced to consider various options to make money.
How to Start a Home Based Business
Most people considering a home based business do not know how to begin working from home. The solutions are easy, but many people do not know where to find resources. The Forbes.com blog recommends a number of solutions for starting a home based business, including dog walking, network marketing, and publishing a book and marketing it on Amazon. Network marketing is not something that many are comfortable considering, but despite much of the misinformation, it is one of the more inexpensive and quick-turnaround businesses to start. Also listed on the Forbes blog is becoming a virtual assistant, which is very popular. Home business owners need lots of help expanding, and virtual assistants are one of the ways that home based CEOs get everything done. If people want to learn how to earn money from home, there are more than enough resources online to help them get started.
Benefits to owning a Home Based Business
There are a lot of benefits to owning a home based business. The primary benefit that nearly every home business owner expresses is time freedom. Carrie Robinson of Philadelphia, Pennsylvania works with Ardyss International. She has worked from home for 4 years and says, “I can’t imagine being away from my children. I have grown accustomed to getting up and living my life the way it needs to be lived every day. I am not a millionaire, but I earn good money, and our bills are paid. I would never go back to working for someone else. I work very hard and am good at my job, even though I own a home based business.” Her sentiments are common. Additionally, there are tax benefits, retirement savings benefits, and the ability to scale a business up or down almost instantly, depending on the product or service offered. Home based business owners consistently express that they are able to do more and live better simply by working from home.
Make Stable Income in a Home Based Business
While many people have viewed the home based business world as something that is not real work, it is the fastest growing segment of the economy. There are more people starting a home based business than any other kind of business right now. The reasons for this are clear with the economy not doing well and with many people out of work and paying more for standard products and services. Still, there are ways to start working from home and actually be profitable. Owning a home based business does not have the same negative stigma attached to it that it once did because it has become the best way for the average person to earn income without having to rely on a job to pay bills.
Home Based Business is a Hot Trend in US Economy
People who own a home based business are quickly becoming a part of the fastest-growing segment of the US economy. There was a time when home-based business owners were looked at with some measure of disdain, but that is not the case any longer. The economy is helping people look at income creation with a wider scope. As recently as May, 2011, the unemployment rate was 9.1 percent. According to the Bureau of Labor Statistics website, there were gains in jobs in the areas of healthcare, professional and business services, and mining, but local employment has continued to go down. Having a home based business seems preferable to many as they have been forced to consider various options to make money.
How to Start a Home Based Business
Most people considering a home based business do not know how to begin working from home. The solutions are easy, but many people do not know where to find resources. The Forbes.com blog recommends a number of solutions for starting a home based business, including dog walking, network marketing, and publishing a book and marketing it on Amazon. Network marketing is not something that many are comfortable considering, but despite much of the misinformation, it is one of the more inexpensive and quick-turnaround businesses to start. Also listed on the Forbes blog is becoming a virtual assistant, which is very popular. Home business owners need lots of help expanding, and virtual assistants are one of the ways that home based CEOs get everything done. If people want to learn how to earn money from home, there are more than enough resources online to help them get started.
Benefits to owning a Home Based Business
There are a lot of benefits to owning a home based business. The primary benefit that nearly every home business owner expresses is time freedom. Carrie Robinson of Philadelphia, Pennsylvania works with Ardyss International. She has worked from home for 4 years and says, “I can’t imagine being away from my children. I have grown accustomed to getting up and living my life the way it needs to be lived every day. I am not a millionaire, but I earn good money, and our bills are paid. I would never go back to working for someone else. I work very hard and am good at my job, even though I own a home based business.” Her sentiments are common. Additionally, there are tax benefits, retirement savings benefits, and the ability to scale a business up or down almost instantly, depending on the product or service offered. Home based business owners consistently express that they are able to do more and live better simply by working from home.
Make Stable Income in a Home Based Business
While many people have viewed the home based business world as something that is not real work, it is the fastest growing segment of the economy. There are more people starting a home based business than any other kind of business right now. The reasons for this are clear with the economy not doing well and with many people out of work and paying more for standard products and services. Still, there are ways to start working from home and actually be profitable. Owning a home based business does not have the same negative stigma attached to it that it once did because it has become the best way for the average person to earn income without having to rely on a job to pay bills.
Labels:
Affliate Marketing
Home-based businesses on the rise
By Kristina Hacker
Marisa Santos and JoAnna Oliva were not afraid of the economic climate when they decided to start a new business this spring.
They were confident in their concept and product — a “cupcakery” that specializes in dainty, yet delectable treats made from the freshest of ingredients. And with Santos’ business and marketing experience and Oliva’s passion for baking, they knew they had the perfect mix for a successful partnership.
Instead of setting up shop in a storefront, however, the sisters-in-law chose to launch their enterprise as a home business and grow from there.
“When we open a storefront, we’ll be ahead of the game because we’ll already have a customer base,” Oliva said.
The two owners of Cupcakes by Jo have made large strides towards reaching their goal. They have a large and loyal repeat client list and are getting the word out about their business through community event participation and social media marketing.
“The momentum we’ve been able to create right now has been very motivating to us,” Santos said.
Santos and Oliva’s story is similar to many entrepreneurs’ who decide that opening a home business is the way to go.
“Most of new start ups are home-based,” said U.S. Small Business Administration District Director Carlos Mendoza.
Mendoza said that 90 percent of the participants in the SBA’s workshops are all thinking about opening home-based businesses. Many of those people, he said, are looking to create a job for themselves.
Being laid off from her commercial real estate job after 12 years was a motivating factor in Santos’ decision to go ahead with her Oliva’s home business plan.
“I said to myself, ‘I’m going to take this opportunity to push this forward,’” said Santos.
The double-digit unemployment rate and down-sizing trend has put many people out of job and motivated them to look for something, anything to bring in a paycheck.
“The hired employee positions, with benefits and pension, just aren’t there,” said Alliance Small Business Development Center consultant Alan Seaton.
As part of the Alliance, Seaton meets with people interested in starting businesses. He provides free counseling and research to help them get their enterprises off the ground.
“What I’m seeing with the downturn in the economy is people are thinking harder about what they’re doing,” Seaton said.
“We went for a long, long time where people were making money without having to think about it.”
Seaton said there are many benefits to starting a home-based business.
“When you work for a company, their mission may not always be yours. But the mission of a home-based business is always your agenda,” he said.
He recommends finding something you’re passionate about and then figuring out how to make money off of it. Finding people doing what you want to do in other areas of the state or country and asking for their guidance, is another tip Seaton offered.
“They will usually be more than happy to share their insights because they’re proud of what they do,” he said.
There are a variety of resources available for people looking to start businesses. Information about the Alliance and its services is available at www.alliancesbdc.com or by calling 567-4910. Information about the U.S. Small Business Administration is available at www.sba.gov.
To contact Kristina Hacker, e-mail khacker@turlockjournal.com or call 634-9141 ext. 2004.
Labels:
Affliate Marketing
Zumtek Inc Offers Remote Computer Repair And Support For Search Engine Optimization
Schiller Park, IL - June 23,2011 – Zumtek IT & Remote Computer Repair is an Illinois-based company that is now offering search engine optimization as one of its many services. This may not sound so unusual, however, the fact that all the work is done remotely probably does.
Using cutting-edge technology which allows remote access to just about any computer or website, the professionals at Zumtek work wonders without needing any computer drop-off. This new form of computer repair support allows Zumtek to branch out, and serve computers across the globe. A computer virus can be removed in a matter of minutes not days. Remote access computer support also adds a new aspect of efficiency that few other companies have.
Search engine optimization is extremely useful for businesses which need an internet presence, and Zumtek understands this. A well search engine optimized page increases traffic to a business website, increases exposure, and also can generate leads. It’s the ultimate sale tool.
The professionals from Zumtek hold an expertise in the subject that few can match. Using keyword density, special apps, and more, a website can be search engine optimized in a matter of days. All of this is done without having to ever drop off your computer.
This new approach to computer repair could begin a huge marketing trend, so expect to see Zumtek in the news soon.
Marcin Kozyra Zumtek Inc
9815 W. Leland Ave
Schiller Park IL
services@zumtek.com
www.zumtek.com
773-546-9368
Source http://www.webwire.com/
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Affliate Marketing
Fire and Water Damage Restoration Company in Mundelein, IL, Uses SEO Experts to Help Local Customers
A Brite Cleaning & Restorations Inc., has hired Prospect Genius, a leader in local online advertising, to better serve potential customers.
Mundelein, IL, June 24, 2011 --(PR.com)-- A Brite Cleaning & Restorations Inc., a fire and water damage restoration provider serving customers in Mundelein and nearby northern Chicago municipalities, has hired Prospect Genius, a team of advertising professionals, to help potential customers find their cleaning services during online searches. As a direct result of this partnership, those in the market for services such as carpet cleaning, sewage cleanup, and mold removal will be able to locate these experienced professionals without hassle.
Prospect Genius will improve A Brite Cleaning & Restorations’ online advertising by using a method called search engine optimization, also known as SEO. This is an effective marketing strategy that will increase the prominence of A Brite Cleaning & Restorations during Web searches. Matt Gallo, a senior Internet marketing specialist for Prospect Genius, states, “The Prospect Genius team is excited for the opportunity to help A Brite Cleaning & Restorations connect with locals who are in need of fire and water damage restoration. By making information on this company more readily accessible, it will be it easier than ever for the people of Chicago to find these services following a disaster.”
As a result of Prospect Genius’s SEO program, all a local property owner will have to do to find A Brite Cleaning & Restorations is enter their desired fire and water damage restoration service, such as odor control or furniture cleaning, along with a northern Chicago location, into a search engine such as Bing, Google, or Yahoo! Studies have proven that Web sites which are ranked higher in search engine results receive more traffic than Web sites that are listed on subsequent pages, so increasing online visibility with effective SEO can have a great influence on the success of local businesses.
Alex Pelli, president of Prospect Genius, says, “As more and more folks turn to the Internet when they are in need of a professional, it is essential for small businesses to have a strong Web presence. We at Prospect Genius are proud to be working with A Brite Cleaning & Restorations to improve their online advertising and are looking forward to helping Chicago-area residents find the water and fire damage restorations services they need.”
Located in Mundelein, Illinois, A Brite Cleaning & Restorations Inc. is a fire and water damage restoration company providing services such as carpet cleaning, mold removal, and sewage cleanup to homes and businesses throughout the northern Chicago region.
###
Prospect Genius will improve A Brite Cleaning & Restorations’ online advertising by using a method called search engine optimization, also known as SEO. This is an effective marketing strategy that will increase the prominence of A Brite Cleaning & Restorations during Web searches. Matt Gallo, a senior Internet marketing specialist for Prospect Genius, states, “The Prospect Genius team is excited for the opportunity to help A Brite Cleaning & Restorations connect with locals who are in need of fire and water damage restoration. By making information on this company more readily accessible, it will be it easier than ever for the people of Chicago to find these services following a disaster.”
As a result of Prospect Genius’s SEO program, all a local property owner will have to do to find A Brite Cleaning & Restorations is enter their desired fire and water damage restoration service, such as odor control or furniture cleaning, along with a northern Chicago location, into a search engine such as Bing, Google, or Yahoo! Studies have proven that Web sites which are ranked higher in search engine results receive more traffic than Web sites that are listed on subsequent pages, so increasing online visibility with effective SEO can have a great influence on the success of local businesses.
Alex Pelli, president of Prospect Genius, says, “As more and more folks turn to the Internet when they are in need of a professional, it is essential for small businesses to have a strong Web presence. We at Prospect Genius are proud to be working with A Brite Cleaning & Restorations to improve their online advertising and are looking forward to helping Chicago-area residents find the water and fire damage restorations services they need.”
Located in Mundelein, Illinois, A Brite Cleaning & Restorations Inc. is a fire and water damage restoration company providing services such as carpet cleaning, mold removal, and sewage cleanup to homes and businesses throughout the northern Chicago region.
###
Contact Information
A Brite Cleaning & Restorations Inc.Tom Athey
(773) 790-4806
abritecleaning.122@chicago-il-biz.com
fire-water-restoration.chicago-il-biz.com/
Source http://www.pr.com/
Labels:
Affliate Marketing
Friday, 24 June 2011
Care unit offers link to job help ‘at home’ in Highlands
“Will ye no come back again?” is the message to children in care from Highland Council this week as it teams up with Barnardo’s Scotland to launch a service in Inverness tomorrow.
Northern Lights is a residential children’s unit with a difference. Sitting just outside the city, it is aimed at young people being looked after by the local council, but who have been placed ‘out of authority’.
This usually means that at some point in the last few years they needed a residential school place. As Highland Council doesn’t have such a resource, teenagers from the area can end up four hours’ drive away in the central belt, detached from friends, relatives and their roots in their local community. Often, the distance can make it near impossible for the youngsters, whose lives are already fractured, to maintain relationships, address their problems and rebuild their lives.
They can end up isolated and find it difficult to return – although many want to, says Northern Lights assistant director, Jim Wallace.
He said: “We had one girl who was phoning every week to see when she could come. But some go to places like Renfrew, the central belt or even just Aberdeen and get stuck.”
While the aim of the project is to ensure young people can come back as early as possible and rebuild their sense of belonging, cost is an equally important motivator.
All councils are concerned about out-of-authority placements on these grounds alone – with a place for a single child likely to cost anything from £3500 to £5000 every week.
By contrast, the Northern Lights service costs Highland Council £2800 a week per young person – a big enough difference to offer an important saving and perhaps free money up for work to stop other young people needing to come into care in the first place, Mr Wallace says.
He added that it is “a small group with a disproportionate spend” that is a “real drain” on resources. “Our idea was simple – bring them back and save money at the same time. We believe it is a useful model that could be replicated elsewhere.”
At present the unit is reserved solely for returning placements – vacancies are not filled by local young people in need of care, in case that prevents someone else from being brought ‘home’ to Inverness.
The service is working ahead of the official launch, with five young people already brought back. What is unique about the scheme is that it links in with two existing Barnardo’s projects to provide an integrated service encompassing through-care and employability.
“It sits alongside our Springboard aftercare service and Barnardo’s Works, which helps young people prepare for employment,” explains Maggie Brownlie, Barnardo’s programme manager for the Highlands.
“We also have teachers and a community education worker who will work with the local secondary school to support young people back into mainstream education. If people are placed out into another local authority, it makes it harder to maintain contact with family, employment training, interests and friendships. They can end up making much more tenuous connections with a community they are not familiar with and be isolated.
“Often they don’t have the finance to keep in touch. The council sees it as an important part of its corporate parenting. These young people want to be back.”
They should be coming back, according to Mr Wallace. “It’s a case of ‘these are our bairns’. We should be funding local solutions for them and taking ownership.
“A lot of these young people have potential and need people to stick up for them.”
Source http://www.heraldscotland.com
Northern Lights is a residential children’s unit with a difference. Sitting just outside the city, it is aimed at young people being looked after by the local council, but who have been placed ‘out of authority’.
This usually means that at some point in the last few years they needed a residential school place. As Highland Council doesn’t have such a resource, teenagers from the area can end up four hours’ drive away in the central belt, detached from friends, relatives and their roots in their local community. Often, the distance can make it near impossible for the youngsters, whose lives are already fractured, to maintain relationships, address their problems and rebuild their lives.
They can end up isolated and find it difficult to return – although many want to, says Northern Lights assistant director, Jim Wallace.
He said: “We had one girl who was phoning every week to see when she could come. But some go to places like Renfrew, the central belt or even just Aberdeen and get stuck.”
While the aim of the project is to ensure young people can come back as early as possible and rebuild their sense of belonging, cost is an equally important motivator.
All councils are concerned about out-of-authority placements on these grounds alone – with a place for a single child likely to cost anything from £3500 to £5000 every week.
By contrast, the Northern Lights service costs Highland Council £2800 a week per young person – a big enough difference to offer an important saving and perhaps free money up for work to stop other young people needing to come into care in the first place, Mr Wallace says.
He added that it is “a small group with a disproportionate spend” that is a “real drain” on resources. “Our idea was simple – bring them back and save money at the same time. We believe it is a useful model that could be replicated elsewhere.”
At present the unit is reserved solely for returning placements – vacancies are not filled by local young people in need of care, in case that prevents someone else from being brought ‘home’ to Inverness.
The service is working ahead of the official launch, with five young people already brought back. What is unique about the scheme is that it links in with two existing Barnardo’s projects to provide an integrated service encompassing through-care and employability.
“It sits alongside our Springboard aftercare service and Barnardo’s Works, which helps young people prepare for employment,” explains Maggie Brownlie, Barnardo’s programme manager for the Highlands.
“We also have teachers and a community education worker who will work with the local secondary school to support young people back into mainstream education. If people are placed out into another local authority, it makes it harder to maintain contact with family, employment training, interests and friendships. They can end up making much more tenuous connections with a community they are not familiar with and be isolated.
“Often they don’t have the finance to keep in touch. The council sees it as an important part of its corporate parenting. These young people want to be back.”
They should be coming back, according to Mr Wallace. “It’s a case of ‘these are our bairns’. We should be funding local solutions for them and taking ownership.
“A lot of these young people have potential and need people to stick up for them.”
Source http://www.heraldscotland.com
Labels:
Affliate Marketing
GE Money Home Lending reduces rates
GE Money Home Lending is reducing initial rates by up to 0.9% across its product range as part of a review focused on providing added value and increasing customer choice.
GE Money is introducing a new two-year fixed loan with rates from 4.29%, offering customers a lower rate in conjunction with a higher completion fee and a two-year discount loan with rates starting from 3.99%.
The rate reductions average 0.38% but go as high as 0.9%, for instance the rate on its 75% LTV GEM1 discount product is now 4.49% and every rate on the LTM2, GEM1, 2 and 3 products has been lowered.
GE Money has also simplified its underwriting process to make doing business easier and is offering a referral for individual assessment service where cases do not precisely fit its plans.
Commenting, Gerry Bell, marketing director, GE Money Home Lending, said: “We regularly review our product range to ensure that it is competitive and provides flexibility for intermediaries and customers as part of our focus on making it as simple as possible to do business with GE Money while maintaining our commitment to attracting quality applicants.”
The revised products are available from June 27th.
#minewproduct
Source http://www.mortgageintroducer.com/
GE Money is introducing a new two-year fixed loan with rates from 4.29%, offering customers a lower rate in conjunction with a higher completion fee and a two-year discount loan with rates starting from 3.99%.
The rate reductions average 0.38% but go as high as 0.9%, for instance the rate on its 75% LTV GEM1 discount product is now 4.49% and every rate on the LTM2, GEM1, 2 and 3 products has been lowered.
GE Money has also simplified its underwriting process to make doing business easier and is offering a referral for individual assessment service where cases do not precisely fit its plans.
Commenting, Gerry Bell, marketing director, GE Money Home Lending, said: “We regularly review our product range to ensure that it is competitive and provides flexibility for intermediaries and customers as part of our focus on making it as simple as possible to do business with GE Money while maintaining our commitment to attracting quality applicants.”
The revised products are available from June 27th.
#minewproduct
Source http://www.mortgageintroducer.com/
Labels:
Affliate Marketing
Cowbridge cattle market must make way for planned extra care home
by Peter Collins, South Wales Echo
THE historic cattle market in Cowbridge is to be put on the market as part of plans to build a care complex on the site.
A move earlier this year to close the market caused controversy in the town. It was saved after a last-minute deal in March between market operators and owner Vale of Glamorgan council, which extended the market operations for a year.
Now Vale council leaders have agreed to put the market up for sale to make way for a privately funded and managed extra care residential home.
A recent study showed that more than 40% of the population of Cowbridge were pensioner households.
The market will remain open until a buyer is found.
THE historic cattle market in Cowbridge is to be put on the market as part of plans to build a care complex on the site.
A move earlier this year to close the market caused controversy in the town. It was saved after a last-minute deal in March between market operators and owner Vale of Glamorgan council, which extended the market operations for a year.
Now Vale council leaders have agreed to put the market up for sale to make way for a privately funded and managed extra care residential home.
A recent study showed that more than 40% of the population of Cowbridge were pensioner households.
Consultants will be brought in to help with the marketing and disposal of the site.
The successful purchaser of the site will have to agree to build a new ground level public car park.
Council leader Gordon Kemp said: “This project will regenerate the Cowbridge livestock market and deliver extra care accommodation. It will also deliver improved parking for Cowbridge town centre.”
He said it would also raise money to provide care facilities in other parts of the Vale.
The successful purchaser of the site will have to agree to build a new ground level public car park.
Council leader Gordon Kemp said: “This project will regenerate the Cowbridge livestock market and deliver extra care accommodation. It will also deliver improved parking for Cowbridge town centre.”
He said it would also raise money to provide care facilities in other parts of the Vale.
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Camden National chief details impact of embezzlement case
By Stephen Betts
Portland — The sentencing hearing for a 40-year-old Warren woman who has admitted to embezzling nearly $750,000 from Camden National Bank is expected to conclude June 28.
The hearing for former longtime loan officer Christina Torres-York began June 23 in U.S. District Court of Portland with Camden National’s chief executive officer detailing the damage done by the ex-employee’s actions over several years.
“She violated our core values,” Chief Executive Officer Gregory Dufour told Judge D. Brock Hornby. “She did significant damage to a community-based organization.”
Dufour said that while it may be popular to consider a bank a large and impersonal entity, Camden National remains a Maine-based independent bank with headquarters on the same street it was founded 136 years ago.
The bank has spent $250,000 in legal expenses trying to correct the problems created by Torres-York’s actions that were first detected in October 2009. He said some customers are still threatening legal action.
At the core of a bank are security, honesty, integrity, and service, Dufour noted, and Camden National feels so strongly about those that they print them on cards and give them to employees to carry with them.
He noted Torres-York was honored in September 2009 by the bank for being such a good employee. Her actions shattered the trust of co-workers, he added.
Dufour said while Torres-York claims to be remorseful, her actions have not met her words.
He asked Judge Hornby to hold her accountable for her actions.
Torres-York faces 33 months in federal prison along with fines and restitution.
Dufour was the only person to speak out during the session dedicated to comments from victims.
Assistant U.S. Attorney Richard Murphy, who is prosecuting the case, said that Camden National lost $714,204 in the scheme and the Maine Contractors and Builders Alliance lost $29,703.
Defense attorney J. Hilary Billings argued that the amount lost by Camden National was less than that purported by the bank and government.
The prosecutor acknowledged that Torres-York diverted $95,714 for her personal use while the remainder was unauthorized loans and extension of credit lines for other customers.
Billings said of the 134 unauthorized transactions made by his client, eight were for herself and went to pay for renovations to her home and to help make mortgage payments on the home at another financial institution.
The transactions were made in more than three dozen different customer accounts.
The defense attorney said Torres-York did not mean for the bank to suffer losses in other transactions.
“She expected those loans would be repaid,” Billings said.
Judge Hornby questioned Billings on his arguments, asking if it was the same as a person who embezzled money to go to the race track, expecting to win and repay the money in the morning.
He contended that the amount owed to the bank by Torres-York would be less if the bank would go after the customers who ended up with net gains from the unauthorized transactions that his client made in their accounts.
Camden National Vice President Dan Swindler testified at the start of the hearing on June 23 that the bank has recovered some of the money paid out and loaned out by Torres-York but there are others that the company has decided not to pursue because these customers had their accounts manipulated by Torres-York. He said some are still threatening lawsuits over those transactions.
Billings questioned, however, how people who end up with a net gain could be damaged and file lawsuits.
Billings noted that the bank could also recover much of the money from its insurance coverage. Swindler noted that the bank is still in negotiations with Progressive Insurance and no determination has yet been made on whether it will cover the losses.
Torres-York remains free on bail. Torres-York entered a guilty plea Jan. 11 to one count of bank embezzlement and misapplication. The offense carries a potential prison term of 30 years in prison and a fine of $1 million plus restitution. But based on a variety of factors including her cooperation with federal investigators, Torres-York can appeal her prison sentence if it exceeds 33 months.
The U.S. Attorney's Office stated in its version of events that beginning in April 2007, Torres-York began making unauthorized transfers of funds from various customer accounts by generally issuing a debit memo to one customer's deposit or loan account, causing the issuance of a cashier's check payable to the bank. She would use a teller to carry out the transaction and then use another teller to transact a deposit of that cashier's check into a different customer's deposit or loan account.
The federal government claims that these transactions were made for the primary purpose of making money available to some customers of the bank outside of normal and required procedures for extensions of loans and other credit. She often restored some or all of the misappropriated money by a later transaction from another account.
She would also transfer money from a customer's account to allow her to issue a cashier's check to third parties that were doing work on her Warren home.
At the time she was fired, six customer accounts showed negative balances of more than $700,000.
On Dec. 31, 2010, Torres-York and Kenneth E. York of Warren filed for Chapter 7 bankruptcy in federal bankruptcy court. The Yorks cited debts of $1.5 million and assets of about $500,000. Creditors listed included Camden National and the Maine Contractors and Builders Alliance Inc.
The embezzlement case first came to light in October 2009 when it came to the bank's attention that Torres-York had been withdrawing funds from customers' lines of credit, according to a lawsuit filed in January 2010 by Camden National. She was immediately fired.
On Oct. 19, 2009, the bank discovered a letter from Torres-York that was left in a night depository box. In the letter, according to the lawsuit, she confessed that she "used several lines of credit" and that she was "terribly sorry for the embarrassment [she] caused for Camden National Bank and [her] family."
"I am relieved that this is finally over as I have struggled for a long time with this and it has caused me to not be able to concentrate on my work," her letter stated, according to the bank's lawsuit.
A state judge agreed last year to place a $750,000 lien on Torres-York's property for Camden National's claims and an $82,940 lien on behalf of the Maine Contractors and Builders Alliance Inc. That organization, a statewide builders association, filed its own civil lawsuit against Torres-York.
The builders alliance filed a lawsuit also in January in Knox County Superior Court in Rockland against Torres-York, claiming she used her position as the organization's treasurer and as an employee of Camden National to siphon off $82,940.
The organization had built one home and was well into building another with the assumption that it had sufficient equity in the first structure to complete the second home. That is when the organization learned that Torres-York had taken money from the alliance.
Torres-York served as volunteer treasurer for the Maine Contractors and Builders Alliance for several years until she resigned from the post under threat of removal on Nov. 13, 2009, according to the alliance's lawsuit.
The bank's lawsuit described how she told the bank she would like to make partial restitution and said that the ones who scream to get their fees back should get the money from her 401(k) retirement account.
There is $70,283 in her 401K.
"Again I am so sorry it became a mess," her letter stated, according to the lawsuit. "I will not be in at 8, as I can not hold up my head any longer, ashamed at what has happened and what I have done to so many people that trusted me."
Portland — The sentencing hearing for a 40-year-old Warren woman who has admitted to embezzling nearly $750,000 from Camden National Bank is expected to conclude June 28.
The hearing for former longtime loan officer Christina Torres-York began June 23 in U.S. District Court of Portland with Camden National’s chief executive officer detailing the damage done by the ex-employee’s actions over several years.
“She violated our core values,” Chief Executive Officer Gregory Dufour told Judge D. Brock Hornby. “She did significant damage to a community-based organization.”
Dufour said that while it may be popular to consider a bank a large and impersonal entity, Camden National remains a Maine-based independent bank with headquarters on the same street it was founded 136 years ago.
The bank has spent $250,000 in legal expenses trying to correct the problems created by Torres-York’s actions that were first detected in October 2009. He said some customers are still threatening legal action.
At the core of a bank are security, honesty, integrity, and service, Dufour noted, and Camden National feels so strongly about those that they print them on cards and give them to employees to carry with them.
He noted Torres-York was honored in September 2009 by the bank for being such a good employee. Her actions shattered the trust of co-workers, he added.
Dufour said while Torres-York claims to be remorseful, her actions have not met her words.
He asked Judge Hornby to hold her accountable for her actions.
Torres-York faces 33 months in federal prison along with fines and restitution.
Dufour was the only person to speak out during the session dedicated to comments from victims.
Assistant U.S. Attorney Richard Murphy, who is prosecuting the case, said that Camden National lost $714,204 in the scheme and the Maine Contractors and Builders Alliance lost $29,703.
Defense attorney J. Hilary Billings argued that the amount lost by Camden National was less than that purported by the bank and government.
The prosecutor acknowledged that Torres-York diverted $95,714 for her personal use while the remainder was unauthorized loans and extension of credit lines for other customers.
Billings said of the 134 unauthorized transactions made by his client, eight were for herself and went to pay for renovations to her home and to help make mortgage payments on the home at another financial institution.
The transactions were made in more than three dozen different customer accounts.
The defense attorney said Torres-York did not mean for the bank to suffer losses in other transactions.
“She expected those loans would be repaid,” Billings said.
Judge Hornby questioned Billings on his arguments, asking if it was the same as a person who embezzled money to go to the race track, expecting to win and repay the money in the morning.
He contended that the amount owed to the bank by Torres-York would be less if the bank would go after the customers who ended up with net gains from the unauthorized transactions that his client made in their accounts.
Camden National Vice President Dan Swindler testified at the start of the hearing on June 23 that the bank has recovered some of the money paid out and loaned out by Torres-York but there are others that the company has decided not to pursue because these customers had their accounts manipulated by Torres-York. He said some are still threatening lawsuits over those transactions.
Billings questioned, however, how people who end up with a net gain could be damaged and file lawsuits.
Billings noted that the bank could also recover much of the money from its insurance coverage. Swindler noted that the bank is still in negotiations with Progressive Insurance and no determination has yet been made on whether it will cover the losses.
Torres-York remains free on bail. Torres-York entered a guilty plea Jan. 11 to one count of bank embezzlement and misapplication. The offense carries a potential prison term of 30 years in prison and a fine of $1 million plus restitution. But based on a variety of factors including her cooperation with federal investigators, Torres-York can appeal her prison sentence if it exceeds 33 months.
The U.S. Attorney's Office stated in its version of events that beginning in April 2007, Torres-York began making unauthorized transfers of funds from various customer accounts by generally issuing a debit memo to one customer's deposit or loan account, causing the issuance of a cashier's check payable to the bank. She would use a teller to carry out the transaction and then use another teller to transact a deposit of that cashier's check into a different customer's deposit or loan account.
The federal government claims that these transactions were made for the primary purpose of making money available to some customers of the bank outside of normal and required procedures for extensions of loans and other credit. She often restored some or all of the misappropriated money by a later transaction from another account.
She would also transfer money from a customer's account to allow her to issue a cashier's check to third parties that were doing work on her Warren home.
At the time she was fired, six customer accounts showed negative balances of more than $700,000.
On Dec. 31, 2010, Torres-York and Kenneth E. York of Warren filed for Chapter 7 bankruptcy in federal bankruptcy court. The Yorks cited debts of $1.5 million and assets of about $500,000. Creditors listed included Camden National and the Maine Contractors and Builders Alliance Inc.
The embezzlement case first came to light in October 2009 when it came to the bank's attention that Torres-York had been withdrawing funds from customers' lines of credit, according to a lawsuit filed in January 2010 by Camden National. She was immediately fired.
On Oct. 19, 2009, the bank discovered a letter from Torres-York that was left in a night depository box. In the letter, according to the lawsuit, she confessed that she "used several lines of credit" and that she was "terribly sorry for the embarrassment [she] caused for Camden National Bank and [her] family."
"I am relieved that this is finally over as I have struggled for a long time with this and it has caused me to not be able to concentrate on my work," her letter stated, according to the bank's lawsuit.
A state judge agreed last year to place a $750,000 lien on Torres-York's property for Camden National's claims and an $82,940 lien on behalf of the Maine Contractors and Builders Alliance Inc. That organization, a statewide builders association, filed its own civil lawsuit against Torres-York.
The builders alliance filed a lawsuit also in January in Knox County Superior Court in Rockland against Torres-York, claiming she used her position as the organization's treasurer and as an employee of Camden National to siphon off $82,940.
The organization had built one home and was well into building another with the assumption that it had sufficient equity in the first structure to complete the second home. That is when the organization learned that Torres-York had taken money from the alliance.
Torres-York served as volunteer treasurer for the Maine Contractors and Builders Alliance for several years until she resigned from the post under threat of removal on Nov. 13, 2009, according to the alliance's lawsuit.
The bank's lawsuit described how she told the bank she would like to make partial restitution and said that the ones who scream to get their fees back should get the money from her 401(k) retirement account.
There is $70,283 in her 401K.
"Again I am so sorry it became a mess," her letter stated, according to the lawsuit. "I will not be in at 8, as I can not hold up my head any longer, ashamed at what has happened and what I have done to so many people that trusted me."
Labels:
Affliate Marketing
Wealthy second home owners’ council tax discount now tops £700,000
SOUTH Hams’ 4,000 second home owners are claiming more than £700,000 in council tax discounts.
The figures, revealed by the district council in response to a Freedom of Information request by the Gazette, shocked South Hams MP Dr Sarah Wollaston when we asked for her view.
Now Dr Wollaston, her colleague Gary Streeter, MP for South West Devon, and other senior local politicians at parish, town, district and county level are calling for the discount to be scrapped.
Dr Wollaston said: ‘It is shocking to hear that there are 4,162 homes qualifying for the second home discount of 10 per cent.’
Mr Streeter said: ‘I do not believe second homes should qualify for any council tax discount and I am looking to see this policy changed.’
Salcombe mayor Roger Moore, whose town has almost 700 second home owners in receipt of a discount, said: ‘There is no logical reason in giving a rebate to second homes.’
POLITICIANS are united in their calls to scrap second home owner discount, which is costing the district over £700,000 this year.
Following a Freedom of Information request from South Hams Newspapers, South Hams Council has revealed a total council tax discount on 4,162 second homes totalling £702,796 for the tax year 2011/2012.
Owners of a second home can claim a 10 per cent discount on council tax.
South Hams MP Dr Sarah Wollaston said: ‘It is shocking to hear that there are 4,162 homes qualifying for the second home discount of 10 percent.
‘The district council have long acted responsibly in charging the maximum allowable and it is a shame that, having made this decision in 2005, only 10 percent of the rise could be retained locally to be ploughed back into affordable housing.
‘That said, we would lose even more revenue if owners switched to business rates and changing the law to prevent any discounting of council tax could drive many more to do so. ‘While welcoming the boost to local employment and businesses brought by our second home owners, there is no doubt that some communities have been particularly hard hit by the scale of second home ownership and it comes as no surprise that there are almost 700 registered second homes in Salcombe.
‘I would like to hear from readers whether they feel that the council should be able to insist on planning permission for change of use in communities which are particularly affected in this way.’
South West Devon MP Gary Streeter said: ‘I do not believe second homes should qualify for any council tax discount and I am looking to see this policy changed. We want to encourage more owner occupation in this part of the world to keep our towns and villages alive.’
In Salcombe alone there was a discount of £135,829 from its 692 second homes in 1,752 domestic properties.
Salcombe mayor Roger Moore said: ‘In today’s environment there is no logical reason in giving a rebate to second homes, the dwelling exists and therefore councils must structure their services to support the dwelling whether occupied or not.
‘Having been a second home owner, in Salcombe, for 35 years while also having property in Germany and the US, the UK is the only country having this system.
‘The monetary effect of the tax loss is felt at county and district level, while the individual parishes and towns suffer in a more community sustainability manner. The figures are further masked by a number of homes being classed as businesses, their revenues go directly to Central Government (and rarely return!).
‘I calculate that in Salcombe we have some 200 or so of this category, thus giving a total of 900 to 950 houses or some 45 per cent being second homes.
‘These homes do contribute greatly to our economic health, bringing a lot of revenue into the town in the summer months, and generate local employment throughout the year, however the sheer number of second homes has a negative effect on our community sustainability with respect to our local clubs and associations.
‘I am however certain that the vast majority of our second home owners are like me, they really want to live here.’
There are 2,996 domestic properties in Kingsbridge banded for council tax with 186 of those being second homes and in Thurlestone there are 627 domestic properties with 209 homes qualifying for second-home owner discount.
Kingsbridge mayor John Binns: ‘Second home ownership is surprisingly high countrywide. It does take up housing stock and raise prices, limiting first-time buying. However, it can and does provide income to the town via the visitors it brings and indeed many people who have settled permanently in Kingsbridge have done so because they saw the benefits of living here via holidays in ‘second homes’ owned or rented.
‘I would welcome a review aimed at increasing the council tax contribution to 100 per cent but it must also clearly address the implications of doing this. By this I mean the equality of expectations now given to the second home owners.
‘I would also like to see better incentives for ‘out of season’ letting of these properties to provide medium-term accommodation.
‘Monies raised from 100 per cent council tax could be used to provide such incentives.’
South Hams Council chairman Cllr Rufus Gilbert, who represents Kingsbridge North, said: ‘If second home council tax were to be raised further, it is more than likely that Devon County Council would retain the majority of it. I’m sure that many second home owners would not object too strongly to an increase, if they felt the money was going to provide housing for local people, as many did the last time it was raised.’
County councillor Julian Brazil, who stood for the Liberal Democrats in the Totnes constituency at the last general election, said: ‘I have long argued that rather than getting a discount, second homes should pay double council tax – 200 per cent. This would raise over £7m in the South Hams. This extra revenue could then be invested in affordable housing for local families and/or supporting local services including cottage hospitals and local buses.
‘No one likes tax increases but this is a fair tax in that people who are lucky enough to own not one but at least two properties can afford to pay the extra tax.
‘House prices in this area have more than doubled in the last 10 years – in other words if you had a second home worth £300,000 in 2000 it’s now worth over £600,000 and you’ve made over £300,000. All we’d be asking is that you pay a small fraction of that gain as double council tax.
‘Of course if you didn’t want to pay the extra tax you could always let the property out to a local person or family.
‘It would also help to dampen down the second home market as people might think twice on buying a second home here if they have to pay in the region of £4,000 per year council tax.
‘In short a double council tax on second homes is progressive, would bring more homes into the rental market, would dampen down the second home market and raise a massive £7 million plus which could be reinvested in our local communities.
‘In July 2006 I proposed a motion at SHDC, which was unfortunately defeated by the majority Conservatives. In order to change the rate of council tax on second homes there would need to be a change in primary legislation, which can only be done at Westminster – MPs’ views on this matter are paramount.’
Dartmouth has 3,416 properties of which 628 are second homes which qualify for 10 percent council tax discount, amounting to £100,534.
The parish of Newton and Noss has 1,008 properties banded for domestic council tax. Of this figure 118 are second homes which qualify for the 10 percent council tax discount amounting to £23,092.
Ivybridge councillor Mike Saltern, South Hams Council housing spokesman, said: ‘Clearly South Hams Council has long held concerns over the impact of second homes on the availability and affordability of homes across the district. In 2007, we had a Beacon Research study conducted to aid us in reaching a conclusion on this impact. In 2008, in response to a consultation by Matthew Taylor into the rural economy, we made strong representations that second homes council tax should be increased to the full rate without discount.
‘This remains our position, although it would require legislation by the Government to achieve this.
‘It is particularly notable that the previous government, in response to the Taylor recommendations, avoided the issue of second homes other than to propose trials restricting change of use to holiday lets in National Parks.
‘In 2005, the district council was one of the first in the country to increase second homes council tax from 50 percent to 90 percent, the maximum allowable by law. They could, however, only retain 10 percent of this increase and ring fence it for affordable housing, with the remainder being distributed between Devon County Council and other authorities.
‘Initially the county council agreed for their share to be used for affordable housing, but subsequently withdrew this in following years.
‘District council took the decision in 2010 to no longer ringfence their second homes revenue funding, but to put the same amount into affordable housing from its capital receipts.
‘This has retained our commitment to affordable housing.
‘In relation to the figures now quoted, it should be noted that the sum referred to is the total 10 percent council tax equating to the legally required discount, not the share that South Hams would receive.
‘This would be circa £63,000 in apportionment with its share of the council tax. The majority would again go the county council and would not be spent on affordable housing.’
Ben Cooper, district councillor for Townstal said: ‘While I appreciate that Dartmouth, like neighbouring towns and villages enjoy the benefits that second homes bring in terms of visitors to the area, it is difficult to justify the loss in revenue at a time when South Hams Council are beginning to deal with massive cuts in funding from central government.
‘This is especially true when you consider the continued problems local people face finding housing in the South Hams, especially around Dartmouth. ’
Kingswear has 830 properties of which 199 are second homes.
Jonathan Hawkins, chairman of Kingswear Parish Council and South Hams councillor for Dartmouth, said: ‘‘They should pay more council tax, if they can afford a second home, then they can pay more towards them and that contribution could go towards building homes for local people and families.’
Richard Foster, vice-chairman of Stoke Fleming Parish Council said he found it ‘mind boggling’ that there were so many second homes with discount in the area. He said: ‘We (the parish council) feel that those who can afford second homes can afford to pay the extra discount money, and someone has to make up the 10 percent discount.
‘It doesn’t save South Hams Council any money as they have to provide services like the dustbin lorries to go around the same streets, but what it does do is force others to make up the discount by paying more.’
Totnes’s Green Party Devon county councillor Paula Black said: ‘I think these figures sum up the problems that many residents face within the South Hams, a shortage of affordable housing, low wages, and a housing market that is fueled by the second home demand, plus bonus schemes of international companies and the banks.
Carole Whitty, the Labour Party’s prospective parliamentary candidate for Totnes at the last general election, said: ‘The South Hams has the largest number of second homes in the country excepting Westminster and the Isles of Scilly.’
She added: ‘All who live in the South Hams are affected; we lose funding from the perception that we are a wealthy area; we suffer from inflated house prices and, of course, availability of housing stock and from the fact that in some of our villages schools and health provision are on the brink of viability.’
l What do you think? Write or email us using the addresses on the letters page.
Source http://www.ivybridge-today.co.uk/
The figures, revealed by the district council in response to a Freedom of Information request by the Gazette, shocked South Hams MP Dr Sarah Wollaston when we asked for her view.
Now Dr Wollaston, her colleague Gary Streeter, MP for South West Devon, and other senior local politicians at parish, town, district and county level are calling for the discount to be scrapped.
Dr Wollaston said: ‘It is shocking to hear that there are 4,162 homes qualifying for the second home discount of 10 per cent.’
Mr Streeter said: ‘I do not believe second homes should qualify for any council tax discount and I am looking to see this policy changed.’
Salcombe mayor Roger Moore, whose town has almost 700 second home owners in receipt of a discount, said: ‘There is no logical reason in giving a rebate to second homes.’
POLITICIANS are united in their calls to scrap second home owner discount, which is costing the district over £700,000 this year.
Following a Freedom of Information request from South Hams Newspapers, South Hams Council has revealed a total council tax discount on 4,162 second homes totalling £702,796 for the tax year 2011/2012.
Owners of a second home can claim a 10 per cent discount on council tax.
South Hams MP Dr Sarah Wollaston said: ‘It is shocking to hear that there are 4,162 homes qualifying for the second home discount of 10 percent.
‘The district council have long acted responsibly in charging the maximum allowable and it is a shame that, having made this decision in 2005, only 10 percent of the rise could be retained locally to be ploughed back into affordable housing.
‘That said, we would lose even more revenue if owners switched to business rates and changing the law to prevent any discounting of council tax could drive many more to do so. ‘While welcoming the boost to local employment and businesses brought by our second home owners, there is no doubt that some communities have been particularly hard hit by the scale of second home ownership and it comes as no surprise that there are almost 700 registered second homes in Salcombe.
‘I would like to hear from readers whether they feel that the council should be able to insist on planning permission for change of use in communities which are particularly affected in this way.’
South West Devon MP Gary Streeter said: ‘I do not believe second homes should qualify for any council tax discount and I am looking to see this policy changed. We want to encourage more owner occupation in this part of the world to keep our towns and villages alive.’
In Salcombe alone there was a discount of £135,829 from its 692 second homes in 1,752 domestic properties.
Salcombe mayor Roger Moore said: ‘In today’s environment there is no logical reason in giving a rebate to second homes, the dwelling exists and therefore councils must structure their services to support the dwelling whether occupied or not.
‘Having been a second home owner, in Salcombe, for 35 years while also having property in Germany and the US, the UK is the only country having this system.
‘The monetary effect of the tax loss is felt at county and district level, while the individual parishes and towns suffer in a more community sustainability manner. The figures are further masked by a number of homes being classed as businesses, their revenues go directly to Central Government (and rarely return!).
‘I calculate that in Salcombe we have some 200 or so of this category, thus giving a total of 900 to 950 houses or some 45 per cent being second homes.
‘These homes do contribute greatly to our economic health, bringing a lot of revenue into the town in the summer months, and generate local employment throughout the year, however the sheer number of second homes has a negative effect on our community sustainability with respect to our local clubs and associations.
‘I am however certain that the vast majority of our second home owners are like me, they really want to live here.’
There are 2,996 domestic properties in Kingsbridge banded for council tax with 186 of those being second homes and in Thurlestone there are 627 domestic properties with 209 homes qualifying for second-home owner discount.
Kingsbridge mayor John Binns: ‘Second home ownership is surprisingly high countrywide. It does take up housing stock and raise prices, limiting first-time buying. However, it can and does provide income to the town via the visitors it brings and indeed many people who have settled permanently in Kingsbridge have done so because they saw the benefits of living here via holidays in ‘second homes’ owned or rented.
‘I would welcome a review aimed at increasing the council tax contribution to 100 per cent but it must also clearly address the implications of doing this. By this I mean the equality of expectations now given to the second home owners.
‘I would also like to see better incentives for ‘out of season’ letting of these properties to provide medium-term accommodation.
‘Monies raised from 100 per cent council tax could be used to provide such incentives.’
South Hams Council chairman Cllr Rufus Gilbert, who represents Kingsbridge North, said: ‘If second home council tax were to be raised further, it is more than likely that Devon County Council would retain the majority of it. I’m sure that many second home owners would not object too strongly to an increase, if they felt the money was going to provide housing for local people, as many did the last time it was raised.’
County councillor Julian Brazil, who stood for the Liberal Democrats in the Totnes constituency at the last general election, said: ‘I have long argued that rather than getting a discount, second homes should pay double council tax – 200 per cent. This would raise over £7m in the South Hams. This extra revenue could then be invested in affordable housing for local families and/or supporting local services including cottage hospitals and local buses.
‘No one likes tax increases but this is a fair tax in that people who are lucky enough to own not one but at least two properties can afford to pay the extra tax.
‘House prices in this area have more than doubled in the last 10 years – in other words if you had a second home worth £300,000 in 2000 it’s now worth over £600,000 and you’ve made over £300,000. All we’d be asking is that you pay a small fraction of that gain as double council tax.
‘Of course if you didn’t want to pay the extra tax you could always let the property out to a local person or family.
‘It would also help to dampen down the second home market as people might think twice on buying a second home here if they have to pay in the region of £4,000 per year council tax.
‘In short a double council tax on second homes is progressive, would bring more homes into the rental market, would dampen down the second home market and raise a massive £7 million plus which could be reinvested in our local communities.
‘In July 2006 I proposed a motion at SHDC, which was unfortunately defeated by the majority Conservatives. In order to change the rate of council tax on second homes there would need to be a change in primary legislation, which can only be done at Westminster – MPs’ views on this matter are paramount.’
Dartmouth has 3,416 properties of which 628 are second homes which qualify for 10 percent council tax discount, amounting to £100,534.
The parish of Newton and Noss has 1,008 properties banded for domestic council tax. Of this figure 118 are second homes which qualify for the 10 percent council tax discount amounting to £23,092.
Ivybridge councillor Mike Saltern, South Hams Council housing spokesman, said: ‘Clearly South Hams Council has long held concerns over the impact of second homes on the availability and affordability of homes across the district. In 2007, we had a Beacon Research study conducted to aid us in reaching a conclusion on this impact. In 2008, in response to a consultation by Matthew Taylor into the rural economy, we made strong representations that second homes council tax should be increased to the full rate without discount.
‘This remains our position, although it would require legislation by the Government to achieve this.
‘It is particularly notable that the previous government, in response to the Taylor recommendations, avoided the issue of second homes other than to propose trials restricting change of use to holiday lets in National Parks.
‘In 2005, the district council was one of the first in the country to increase second homes council tax from 50 percent to 90 percent, the maximum allowable by law. They could, however, only retain 10 percent of this increase and ring fence it for affordable housing, with the remainder being distributed between Devon County Council and other authorities.
‘Initially the county council agreed for their share to be used for affordable housing, but subsequently withdrew this in following years.
‘District council took the decision in 2010 to no longer ringfence their second homes revenue funding, but to put the same amount into affordable housing from its capital receipts.
‘This has retained our commitment to affordable housing.
‘In relation to the figures now quoted, it should be noted that the sum referred to is the total 10 percent council tax equating to the legally required discount, not the share that South Hams would receive.
‘This would be circa £63,000 in apportionment with its share of the council tax. The majority would again go the county council and would not be spent on affordable housing.’
Ben Cooper, district councillor for Townstal said: ‘While I appreciate that Dartmouth, like neighbouring towns and villages enjoy the benefits that second homes bring in terms of visitors to the area, it is difficult to justify the loss in revenue at a time when South Hams Council are beginning to deal with massive cuts in funding from central government.
‘This is especially true when you consider the continued problems local people face finding housing in the South Hams, especially around Dartmouth. ’
Kingswear has 830 properties of which 199 are second homes.
Jonathan Hawkins, chairman of Kingswear Parish Council and South Hams councillor for Dartmouth, said: ‘‘They should pay more council tax, if they can afford a second home, then they can pay more towards them and that contribution could go towards building homes for local people and families.’
Richard Foster, vice-chairman of Stoke Fleming Parish Council said he found it ‘mind boggling’ that there were so many second homes with discount in the area. He said: ‘We (the parish council) feel that those who can afford second homes can afford to pay the extra discount money, and someone has to make up the 10 percent discount.
‘It doesn’t save South Hams Council any money as they have to provide services like the dustbin lorries to go around the same streets, but what it does do is force others to make up the discount by paying more.’
Totnes’s Green Party Devon county councillor Paula Black said: ‘I think these figures sum up the problems that many residents face within the South Hams, a shortage of affordable housing, low wages, and a housing market that is fueled by the second home demand, plus bonus schemes of international companies and the banks.
Carole Whitty, the Labour Party’s prospective parliamentary candidate for Totnes at the last general election, said: ‘The South Hams has the largest number of second homes in the country excepting Westminster and the Isles of Scilly.’
She added: ‘All who live in the South Hams are affected; we lose funding from the perception that we are a wealthy area; we suffer from inflated house prices and, of course, availability of housing stock and from the fact that in some of our villages schools and health provision are on the brink of viability.’
l What do you think? Write or email us using the addresses on the letters page.
Source http://www.ivybridge-today.co.uk/
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