Monday, July 30, 2012

Advantages of a 5 Year Adjustable Rate Mortgage (ARM)

Adjustable rate mortgages (ARMs) have received some negative attention in recent years as many people found themselves unemployed or without enough equity left in their homes in order to refinance. However, in the right scenarios, an adjustable rate mortgage offers rewards in terms of potential lower short term interest rates.

An adjustable rate mortgage is a loan that has a fixed introductory interest rate for a relatively short period of time - typically from 2 to 10 years depending upon the product - after which time, the mortgage adjusts up or down based on the loan's margin, caps, and the index which the loan is tied to. Generally, the fixed interest rate for the defined period of time is lower than traditional 15 to 40 year fixed rate mortgage products.

There are risks and rewards when it comes to considering a 5 year adjustable rate mortgage (ARM). The advantage is that you can save money by locking in a lower interest rate for the first five years. Rates tend to be lower the shorter the introductory period of an ARM, so a 5 year ARM would have a lower interest rate than a 7 year ARM. Plus, it may be possible to make additional principal reduction payments monthly or quarterly to try and shorten the life of the loan. Saving money with an ARM by having a lower interest rate for the fixed introductory time period may enable you to make those additional payments.

The risk of having an adjustable rate mortgage comes with the indeterminate nature of the interest rate after that fixed period. If you had an ARM in the early 2000's, you may have found yourself with an even lower interest rate once the ARM adjusted. However, if you had an adjustable rate mortgage in 2009 when many housing markets collapsed, you may have found yourself upside down in your mortgage without the ability to refinance out of the adjustable rate product. This could spell serious trouble for you if the indexes which the loans are tied to begin to increase.

One instance where a 5 year adjustable rate mortgage may make sense is if you know you likely won't be in your home for longer than five years. Then you may wager that you'll close out your loan before it can adjust to a potentially higher rate.

When considering the advantages of a 5 year ARM, it's important to think about the length of time you may live in your home, your current and projected future income, your ability to pay a higher monthly mortgage payment if the 5 year ARM adjusts to a higher rate before you close it out, and the savings you can achieve while paying lower interest rates during the fixed period.

It is strongly recommended that you consult with a mortgage and tax professional when weighing the risks, rewards, and advantages of a 5 year ARM. While an ARM can help save money in the short term, it's important to have a long term plan when choosing an adjustable rate mortgage. A licensed mortgage loan officer can help you understand the implications of choosing a 5 year ARM.

Tuesday, July 24, 2012

The Different Uses of Mondex Smartcards

One of the advancements in the global banking industry that the National Westminister Bank of England has introduced in 1990, Mondex Smartcard uses a structure that aims to improve electronic cash system in different countries. Because of its efficiency and reliability, many banks and finance institutions from various nations show interest in the acquisition of this technology. Several years after its development, Mastercard International acquired the rights of Mondex Smartcards.

Basic Features of the Smartcards

With the advance and modern interfaces included in Mondex Smartcards, making bank transactions become easier than before. These cards promote the development and use of electronic wallets in present times. For instance, clients of banks can easily transfer funds to their accounts with the use of the smartcards. Most of the smartcards are capable of accepting different amounts and currencies. However, some Mondex Smartcards have limits regarding the cash values that they can accept. Meanwhile, with the use of this technology, people can be saved from the troubles or dangers of carrying big amounts of money when they shop or dine. Furthermore, people can also pay their bills with the use of a special payment system embedded in the memory of the smartcards.

Special Features of the Smartcards

Aside from the basic services that people can avail when they use Mondex Smartcards, these cards have special features that aim to provide convenience to everyone. One of the distinct features in the smartcards that is not present in debit and credit cards is the use of an efficient system that allows people make card-to-card cash transfers. To provide this service, each smartcard is equipped with advance microprocessors. Meanwhile, to ensure clients secured use of Mondex Smartcards, these feature hardware designs that cannot be tampered. In addition, makers of the technologies use sophisticated encryption systems to avoid illegal use of the smartcards.

Costs of Using Mondex Smartcards

When it comes to costs, Mondex Smartcards require lesser transaction payments when compared with credit cards and debit cards. Moreover, smartcards users can make transactions even without the presence and use of costly network communications systems. Because of the affordable transaction costs associated with the use of the smartcards, many people in various countries have showed interest in having these cards.

Banks That Use the Smartcards

Because of the popularity, efficiency, and reliability of Mondex Smartcards, many finance institution implement the use of these technologies. Bank of Montreal, Toronto Dominion Bank, and Canada Trust are only three famous banks that offer the smartcards to their clients. Another bank that uses the cards is the National Bank of Canada.

Mondex Smartcards made great improvements in the finance industry, specifically in the way people transact with banks and finance companies. Additionally, the presence of these smartcards save individuals from troubles that they may experience if they need to go to banks to deposit, withdraw and transfer money. Furthermore, the cards allow bank clients to pay their bills and services instantly and hassle-free. Thus, with the special, distinct, and advance services offered to everyone, Mondex Smartcards definitely make the lives of people easier.

Sunday, July 22, 2012

Choosing Loans With Mortgage Lenders

Finding mortgage lenders is an important part of buying a home. Unless you have the money to pay for the entire thing up front, you are going to need to find a reliable and trustworthy professional who can show you your options. This will give you the chance to pay the best price on your home while also having everything fit your needs. A good lender will be able to show you what you are capable of having and help you to get it. It is possible to have these types of results, but you do need to know what it is you need. Each person and home is different, after all, so one mortgage will not fit all. Make sure that you go over the facts before choosing, so that what you choose is truly the best fit.

Before you go to meet mortgage lenders, make sure that you have an idea of what you can spend. Your down payment and monthly payments will help you to determine what you need. For higher budgets, you can apply for certain mortgages that others cannot, just as an example. This will also help you to be prepared when you hear your approved amount. You should also see what it is you might be eligible to receive, like a loan for veterans. This information is crucial in your final decision.

When you go to speak to lenders, talk to them about all of the options available. A lender should be able to help you learn the facts about the different loans so that you can make an informed decision. Try to see the benefits and downsides to each and then determine which one is best suited to your needs. Some people have different needs than others, of course, so it is important to familiarize yourself with them. Some might be more suitable to people who plan to live in the house for only a short period while others are best suited to people at different income levels.

Mortgage lenders should also tell you the differences between similar loans, like 20 and 30 year fixed rate loans. These may seem similar because of the name, but they do have their differences. For example, the 20-year would end up costing you less over time. There are several other ways that each loan differs from the next, and a lender will be able to give you more information.

Rates are a huge concern for most people, and they should be. This affects how much you are going to pay for your home, which is why you need to be able to get the best deal. Talk to a professional about your options for reducing rates, so that you can pay less monthly. This will also help you to reduce your overall payment on the home.

Remember to ask mortgage lenders about other fees, like closing costs. These bring up the cost of your home and can be negotiated. Try to get the best deal you can here so that you are paying as little as possible.

Friday, July 20, 2012

Amba Accreditation Process

There are many accrediting agencies for online MBA course. One of these agencies is the Association of MBAs, or more popularly known as AMBA. This article is about how AMBA accredit its MBA programs.

The Association of MBAs, or AMBA in short, was established in 1967 by eight MBA graduates from Wharton and Harvard. The association is the advocate of MBA and they provide accreditation services for MBA programmes for course providers throughout the world.

The accreditation service provided by AMBA is internationally recognised as an acceptable global standard for all Masters of Business Administration (MBA), Doctorates in Business Administration (DBA) and Masters in Business and Management (MBM) programmes. Their accrediting services currently covers MBA, DBA and MBM programmes at 145 business schools in 68 countries.

AMBA offers independent quality assessment on online MBA course offered by providers. They are focused on international accreditation and design their criteria to be applicable to business schools around the world.

AMBA began their MBA accreditation services since the early 1980s. They are currently accredit MBA programs at more than 140 schools in over 65 countries, worldwide. Any college who wished to have their online MBA course accredited are advised to contact the association directly.

AMBA's latest accreditation criteria, was launched in March 2005, and focus on every aspects of MBA course provision, including online MBA course. In the context of an online MBA course, these accreditation criteria include:

The College or University offering the online MBA course

The college or university offering an accredited MBA program should have a clear strategy and mission. AMBA require that this college or university have very clear understanding of the market for the online MBA course that they offers.

The Faculty offering the online MBA course

The faculty that offers the Masters of Business Administration courses, including Online MBA Course, should be have sufficient resources for all its activities. The faculty should ensure the institution is of national or international standing.

Students of the Online MBA Course

AMBA requires that the college or university offering the accredited MBA programs show evidence on admission standards, which should include academic criteria and work experience. AMBA also has a criteria for some minimal intake of MBA students per year.

Curriculum of the Online MBA Course

AMBA requires that the curriculum of the accredited MBA programs to be generalist in nature and cover core business skills. These include marketing, economic and legal environment, accounting, finance, organisational theory and etc. This online MBA course curriculum should also reflect international aspect of business, and should also pay attention to ethical and social issues.

Assessment on the Online MBA Course

Assessment refers to the learning outcomes of the online MBA course.

The followings describe the accreditation process for an MBA program.

The first step of the accreditation process involves an initial discussion with the college or university seeking accreditation for its MBA program. The second step involves self-audit. Once the self-audit is satisfactory conducted, the institution shall request for an assessment visit.

The next step involves the assessment visit by AMBA. The assessment team comprise of four to five members from AMBA. This assessment team is always mutually agreed with the Institution.

Following the assessment visit, a report is prepared for the Association's International Accreditation Advisory Board (IAAB), which will recommend if the institution seeking accreditation may be accredited or not. Accreditation is valid for a period up to a maximum of five years after which the institution would be invited to submit an application for re-accreditation.

With an understanding on how AMBA accredits its MBA programs, we trust that you are able to choose your Online MBA Course wisely.

Tuesday, July 17, 2012

Mid Size Cars In Australia: An Excellent Choice Of Brands Available

The mid size car segment is thriving in most parts of the world, and Australia is no exception. These are cars that are a bit bigger than a compact and are referred to as the D segment in Europe. Both Australia and New Zealand though, prefer to call them mid size and though they are smaller as compared to North American standards, they are a great combination of just the right amount of space and power required for a small family.

Indeed, the mid size car segment has seen a resurgence with many Australians preferring them over the large gas-guzzling but spacious vehicles that have been dominant till now. The mid size car segment, as offered in the form of sedans and hatchbacks, is ideal for those looking for utility features at an affordable price. Most of the popular brands have latched on to this market segment and introduced models that boast of great internal space optimisation. The external dimensions too make them easy to park and by padding them with sufficient safety features, major brands have ensured that the customer does not feel insecure driving them.

These mid size cars are ideal for both city driving as well as for long highway routes. The leg room for passengers, sufficient engine power, and stream lined external dimensions, as well as adequate boot space provided at the rear, confer upon them the best of both the worlds the flexibility and easy maneuvering associated with small cars without the typical over sized issues that have plagued large cars.

With many people concerned about reducing the personal carbon footprint and also finding it difficult to meet mounting fuel expenses, the mid size car option has come as a breath of fresh air. These vehicles are very utilitarian and though lacking the panache or trendiness of their gas guzzling larger cousins, present the best option to those seeking the middle path and are more than happy to sacrifice performance for utility and money savings.

The consumer has never had it so good. The surfeit of brands that are available in this segment make it a problem of plenty to choose from. While Honda has been a dominant player for a long time in the Australian mid size market, Peugeot, Mazda, Ford, Toyota, Subaru, Audi, BMW, Citroen, Hyundai and many others have been making strong inroads into this segment over the last couple of years. All of them have been well received by the consumers and they have also been pampered with some very good introductory offers by these famous brands.

These top brands have been quickly able to blend ride comfort and fuel efficiency in each of their models, making them irresistible for the consumers. They have been diligent about taking consumer feedback and incorporating desired changes in the cabin space to make them not only roomier but also sophisticated so that the consumer does not feel at any point of time that he would have been better off with a larger sedan.

Monday, July 16, 2012

Here's What You Need To Know About Payday Loans

Payday loans have become quite popular in the United States because they come to the rescue of many people at critical times before they receive their salaries. The short-term loans, which are also known as payday advances, are borrowed to help in taking care of urgent needs before the salaries arrive. Even the most budget-conscious person can get into an emergency situation where such a loan may prove helpful.

In general, the loans amount to about 20 percent of the gross monthly wage. While they used to be more popular with low-income earners, the advances are nowadays common even among well-paid individuals.

Are the Advances Accepted Everywhere

The payday advances are legal in 37 U.S. states where there are guiding regulations. However, the laws in some states make the advances either not feasible or against the law.

The Application Process

The process of getting a payday advance is relatively simple and there is usually no need for a credit check. Many lenders ask for the following requirements:

Proof of steady income.

A monthly wage of at least 0 although this depends on the lender and state.

A citizen who is 18 years old or above.

An active bank account where direct deposits can be processed.

Applicants must provide their banking details and confirm their identities. Although this process is often conducted via fax, there are also faxless services. As a rule of thumb, no fee should be paid up front. Borrowers may apply for the loans at storefronts but many applications are nowadays processed online.

How is the Money Received?

The money is transferred directly into the borrower's bank account for online applications. In case of storefront loans, the borrowers provide post-dated checks covering the loan amount and related charges in exchange for cashable checks for their loan amounts. Some lenders may also provide cash.


The cash advances are usually repaid in one lump sum when the loan term ends. Post-dated checks are cashed at the right time. Alternatively, the amount is withdrawn from the borrowers' bank accounts in case of online transactions.

The loans are usually payable within a fortnight. However, the time may find a borrower still unprepared. National Trade Association members are required to provide extended payment plans at no extra cost. Some states also have laws requiring extension of payment plans.

However, extension must not be confused with rollover, which is effectively another loan on top of the existing one with additional charges.


These advances have several advantages over conventional loans.

The amount of money borrowed in relatively small

Loan applications are less complicated and take a short time.

The loan amounts are received quickly, which makes them ideal for emergency situations.

The one-time fees are usually stated in advance so the borrowers know exactly what they will pay.

Available to those with poor credit ratings who cannot get other types of loans.

The term of the loans is short, often one month at most.

It is important for borrowers to understand that payday loans are meant to address short-term financial difficulties. These may be such emergency situations as medical or auto repair expenses that must be met before the end of the month.

Thursday, July 12, 2012

The Boutique Clothing Advantage

When standout fashions for little ladies matter, it is hard to beat the boutique clothing advantage. Offering something different and distinct, online children's clothing stores provide exactly what the big department stores cannot. This is a one-of-a-kind line that ensures little ladies can show off their personal panache without wondering if another girl will have on an exact perfect match. It is always a lot of fun to choose boutique dresses which are very colorful and unique.

Clothes on display should also be very affordable and not heavy on the pocket. Durability is another factor to be kept in mind while choosing girls boutique outfits. Good, affordable, practical, one-of a kind are describing girls boutique dresses in a nutshell.

The differences between children's clothing stores and department store lines are many. Some of the similarities might even surprise. Let's take a look at both to see why when everyday fashions just won't do that boutiques offer just the right look.

The Daring Differences
The things that make these clothes designer shops really stand out from their department store competitors are many. Some of the top reasons why boutiques often beat out the big boys include:

1. Cutting-edge styles. Department store clothing buyers tend to play it a little safe. They buy what they know pleases the most people, but they don't necessarily look for standout styles. Since boutique owners and designers don't have to worry about ordering lawn mowers, dishwashers and 100 other things, they focus on fashion to the shoppers' advantage. The styles found in most boutiques are hipper, trendier and just downright unique- not to forget affordable.

2. Standout buys. When making sure no one else will have one exactly the same ensemble matters, boutiques provide a major advantage. Many people shop at department stores, but few fall in love with the exact same boutique. Finding just the right one opens a pipeline for one-of-a-kind styling. Girls just love to stand out in unique boutique dresses.

3. The fun factor. Department store after department store offer the same clothes. From the jeans and shirts right down to the dresses, they all look alike or darn close to it. This is not so with boutique stores that create on their own lines or select unusual designs from the trendiest of makers. Each piece is a creation and makes the wearer feel very special indeed. This alone makes shopping boutiques a whole lot more fun and an experience in itself.

Where They Both Shine
Department stores and boutiques have a few things in common that are worth noting. The areas where they both shine include:

1. Quality. A lot of people shop department stores alone for children's clothes simply because of the quality they offer. Most boutiques, too, provide this assurance, and since designers' names are riding on style and quality alone, it's a safe bet that a boutique buy will also stand up to the test of time.

2. Pricing. Department stores offer all around clothing at reasonable prices. The same can actually be said for many boutiques. Shopping in these locations is not as expensive as many might think. The clothes are unbelievably affordable.

3. Convenience. Thanks to the Internet, many department stores and boutiques are bringing their designs online. This means that shoppers don't have to sort through racks, battle long lines or even leave their homes to find just the right fashions in clothes. All you need to do is click the button and the Pandora box opens.

Department store clothing has its place, but when something that stands out and distinct is desired, it's nearly impossible to beat the boutique advantage. It is definitely fun to choose for little girls- what with the variety and colorful boutique dresses available on display.

Wednesday, July 11, 2012

How does the Canada Revenue Agency find out about undeclared income?

The Canada Revenue Agency is extremely resourceful when it comes to finding out about undeclared income. The age of technology has made it very easy for them to find out information and when they do they will come after the taxes that they believe that you owe. So how does the Canada Revenue Agency find out about undeclared income?

Here are some of the common ways that the Canada Revenue Agency can find out that you have earned income that you haven't declared:

Audits. When one company is audited it often triggers a chain reaction. If you are self-employed and have performed services or worked for a company who is audited, the Canada Revenue Agency will often look at invoices and cheques that have been paid to other companies and then check to see if the other company is up to date in their tax filings or if the amounts of the invoices exceed the companies declared income.

Tax Slips. Many contractors assume that because they are paid by cheque that the CRA won't know about their income until they file a tax return. Companies must file a T4A for each contractor who they paid during a given tax year that includes the amount of income paid to the contractor for that tax year.

CRA Snitch Line. The CRA has an anonymous phone number where people can report friends, family members, colleagues, suppliers etc who have undeclared income. Commonly ex-spouses and business partners will exploit these services to wreak havoc on another which they once had a relationship with and now hold ill will towards them.

Once the CRA thinks that you may have undeclared income the real trouble can start. If you are up to date in your tax filings they can audit or re-assess your tax returns. If you have not filed a tax return they can file a notional assessment which is filing your return on your behalf and then assessing income and taxes that you will owe. They will add penalties to any tax that you owe in association to undeclared income and charge interest on the tax debt and penalties retroactively. This can double and even triple the size of a tax debt.

So what can you do if you have undeclared income? First, don't wait until the CRA catches up to you. If you know you have undeclared income, if you come forward and declare it under the voluntary disclosure program before they contact you about the undeclared income; you can avoid interest and penalties altogether. Organizations that specialize in helping people with tax problems can make an application from you under the voluntary disclosure program on your behalf.

If the CRA is already pursuing you about undeclared income, hire representation immediately. A representative who is skilled at working with taxpayers who have tax problems can act on your behalf to help you become tax compliant.

The worst thing you can do is ignore the problem because it won't go away by itself. Failing to declare income is tax evasion under the income tax act and the CRA has many tools at their disposal to come after you including criminal prosecution. Time is your enemy and the faster you deal with your undeclared income the better!

Saturday, July 7, 2012

3 Reasons Why Affiliate Link Cloakers Are Critical To Affiliate Marketing

If you're an internet marketer, then you have spent a great deal of time and sweat advertising Clickbank products through ppc advertising, link wheels, and other techniques to generate traffic to your site; hoping and praying that your visitors will click on the affiliate links to the products you're advertising. Yet, did you know that if you're not masking your affiliate urls that you could be losing 40-85% of your affiliate commissions? In this article, I'll explain the three ways you're giving away your commissions and the way you can protect your affiliate links in the future.

If you're linking straight to a product with your affiliate link, then your users will see that it is obviously an affiliate url. People enjoy buying online, but they do not like being sold to, and you'll quickly give up your commission when your visitor leaves your site or bypasses your un-cloaked link to browse directly to the product website.

You may also give away commissions as a result of link pirating. Other affiliate marketers might copy your affiliate hyperlink, then replacing their affiliate ID, buy the product; making a commission themselves. They could also copy your marketing efforts for the same product, drawing referrals away from your site.

If you market with ppc ads, then you may well lose ad exposure with an non-cloaked link. Search engines filter out redundant content, and unmasked affiliate link will look very similar to other marketers who are also not cloaking their links. By masking your link, your hyperlink will appear different, heading off the duplicate content filters.

To avoid wasting your efforts on affiliate marketing and giving away commissions, it's important to employ a link cloaking system when advertising affiliate products. Affiliate link cloaking is a method of masking or redirecting a hyperlink to a website so that the "pretty" link looks like it sits on your website. When a user cliks the link, they will get sent to the vendor's website, passing your affiliate ID so you can get the referral on a purchase. As you can see, url masking is an effective - and legitimate way to protect your affiliate referrals and stop link theft.

The best link cloaking tools will offer a marketer multiple options and techniques for cloaking links, such as meta tag redirection, php redirects and iframe cloaking. The goal of an link cloaking program should be to protect your affiliate links as much as possible. Some link cloakers still use outdated methods that leave your affilaite links revealed. Most importantly, a good URL cloaking tool must be simple to use and offer solid results for all your affiliate links.

Far And Away, the best link cloaker available is the Ultimate Affiliate Link Cloaker. This new, feature rich tool offers internet marketers four unique link masking methods, the option to encode your affiliate link, a sales page bypass tool for clickbank products, and the ability to produce copy and paste code for dropping affiliate cookies. The Ultimate Affiliate Link Cloaker is simple enough that even the newest affiliate marketers can create cloaked links in moments, or get easy to use directions via pop-up tool tips. The Ultimate Affiliate Link Cloaker is perfect for marketers at all stages because it's web based, and most significantly, it's free to use.

Whatever technique of affiliate link cloaking you choose to utilize, it will be well worth your time and effort to use the Ultimate Affiliate Link Cloaker to properly cloak a link so you will be sure to get 100% credit for all the sales you make.

Friday, July 6, 2012

Cash Advance Payday Loans- Get An Advance To Fulfill Any Need

When any unexpected financial crisis occurs, such as an unplanned medical expense, legal fees or the need for access to extra cash, an advance payday loan provides quick relief. Securing a small loan to bridge the gap between paydays saves the risk of accruing bad credit that could result from unpaid bills. Cash advance payday loans provide a safeguard that eases financial stress in case of an emergency. The small loans may be granted without the lengthy approval process required for other longer term loans.

The most convenient and fastest method for obtaining a cash advance payday loans is to apply online. Proof of employment, a checking account and personal information such as a home address and phone number are required by most lenders. The advantage to applying for this type of loan includes limited credit and background checks and a fast approval time period where loans may be issued within a 24 hour period or sometimes even a lesser time period. Several secure websites provide borrowers with a one-stop location to secure a quick cash advance. Loan amounts typically range between 0 - 00 depending on income levels, stability and liquid assets such as a bank account balance. Short term loans typically assess higher interest rates than full term loans and are designed for emergencies.

The main purpose of this loan is to provide the finance immediately; there is a limited payback period, normally at the end of a pay cycle or within 30 days. Borrowers are usually required to submit a postdated check that will be used at the end of the loan term or allow access electronically to their bank account. If the funds are insufficient, additional fees may accrue until the loan is repaid. Cash advance payday loans can only be granted if the current payday loans are paid up.

Latest New Projects In Delhi Ncr

Real estate market in India has started to look up again. Many developers have come up with fresh projects in economical budget range. Low cost housing has become the new mantra.

If you are contemplating an investment in a new project in Delhi NCR, then here are a few recently launched real estate projects you should consider -

1. Jaypee Kosmos - This is a very good project for people considering Noida - Greater Noida corridor. Priced at about 2975/- per sqft, this project is located at Sector 134 near Noida - Greater Noida expressway near ATS Greens. It is about 10 minutes drive from DND flyover. It boasts of all the modern amenities like 24 hrs power and water, social club, medical facilities, kids playing area and so on. The apartments are designed with a price conscious mind. For example, the 2 BHK here has a super built up area of about 850 sqft, giving a basic sell price of about 25.30 Lacs.
It is definitely worth a look considering a very competitive rate and good reputation of Jaypee Greens, especially for people who are looking for good long term investment and are ready to wait till 2012 for possession.

2. Jaypee Aman - A project on similar lines in sector 151, which is further towards Greater Noida on the expressway is Jaypee Aman. It is priced at basic sqft rate of around 2250/-. The smallest apartment with a super built up area of 850 sqft costs about 19 Lacs making it a very affordable buy. The possession date for Aman will be in 2012 as well. Official booking of this project is closed as of now, but it's very much possible to get a booking in resale from people who will get an allottment. Of course, the pricing will be slightly higher than the launch rate.

3. Unitech uni homes (plots) - If you are someone who dreams of a self built villa, this might be a good choice for you. It comprises of 120 and 192 sqyd plots in Sector Mu, Greater Noida. The current inaugural discount price is Rs 15,000 per sqyd and will go up to Rs 17,000 per sqyd after project launch. The price of these plots is comparable to the prices currently offered by the Greater Noida authority in close by sectors. The plots are located in Sector Mu, which is about 6 kms from Pari Chowk in Greater Noida. The Unitech Uni Homes plots come complete with all modern amenities like kids play area, community center with games room and multi purpose hall, gymnasium, swimming pool, gated community, round the clock security, fire safety provisions, food bazaar by Big Bazaar, ATM within the campus, banks nearby etc.

4. Lotus Boulevard - Lotus Boulevard is an offering in Sector 100 of Noida from The 3C Company. This project boasts of being the largest "green" housing project in India. It aims to provide a lot of open space, air and lighting in its apartments. Other eco friendly methodologies like rain water harvesting, energy saving lights etc. are part of the eco system here. All the modern amenities are also provided for maximum comfort. The basic price per sqft for Lotus Boulevard is Rs 2825 that puts price of the 2 BHK (1075 sqft super built up area) at about 30 Lacs.

If you are interested in getting more details and booking procedure for any of these projects, you can visit or email us at customer- or call us at +91-11-6661-9241.
Zamanzar is a real estate advisory firm headquartered in New Delhi, India. We offer online search tools to find property and offline services to help complete the transaction. Our services cater to real estate buyers, renters, and sellers. We have thousands of residential and commercial resale properties and New projects in Delhi NCR(Noida, Gurgaon, Greater Noida, Ghaziabad, Faridabad), Bangalore, Hyderabad, Chennai, Mumbai, Pune, Kolkata and other cities of India.

Wednesday, July 4, 2012

The Implementation Of Kpi In Retail Banking

Looking at the typical bank, it would be so easy to assume that managing or operating a bank would be somewhat of a breeze. However, this is not so, especially when it comes to retail banking. There are so many factors at play here that concrete and accurate analysis can be very difficult for any bank manager or proprietor. Fortunately, this endeavor can easily be achieved with the help of KPI in retail banking.

What exactly is a KPI? This is actually an acronym that stands for Key Performance Indicator. This is a quantifiable factor that is used to measure the current performance or status of a business or enterprise, matching this against the goals and objectives that were once set way back during the foundation of the enterprise itself. In laymen's terms, KPIs are measures used to determine how far along a business or enterprise is in its path towards achieving goals and objectives. Such is the purpose of the KPI, and this is very much needed when it comes to retail banking as well.

So, what are the KPIs that should be used in the industry of retail banking? These are actually the factors that are related to the overall performance of the retail bank. This is a very broad definition of the type of KPI that you can use in retail banking. To be more specific, here are some of the following metrics that you can use.

One of the metrics that you can use is the total cash deposits that the bank holds in a month. This should be included since this can measure how effective the retail bank is in attracting their customers and clients to make as many deposits as possible. After all, a retail bank earns its profit from the deposits that their clients make, right? Thus, this should be a metric to be included. In relation to this metric, the average annual deposits should also be used as a metric.

Another metric that you can use is the average number of depositors for each branch of the retail bank. Retail banks do branch out over time, especially when business is going well. Thus, it is important to determine the average number of depositors in each given branch. This still pertains to the ability of the bank to attract depositors.

The ratio of active depositors to dormant depositors should also be included as a metric here. We all know that not all accounts in a bank are active. Having a large number of dormant accounts is something that banks want to avoid because this would only mean bad business for them. Thus, this should be included as a metric as well.

The rate of borrowing risk should also be calculated. Banks are primary lending institutions, and when it comes to lending, banks should very well gauge the risk that comes with granting loans. For this, the bank should exert efforts in determining the possibility that the borrower would end up not being able to pay his loan once it matures. There is also that risk that the borrower might default.

These are just some of the KPI in retail banking that you should consider including. With these KPIs, the retail bank's operations can run more smoothly.

Tips To Get Best Car Discounts In India

Car Discounts keeps changing on month to month basis and is a key component for car dealers in driving sales. There is almost a new car been launched every week or so now in Indian car market. Whether a hatchback, sedan or luxury cars every car maker is poised to capture the sales and market share. Where no new models are launched by a car maker, the manufacturer launches a face lift model of the existing car and intends to create a hype by re-branding the same.

With an objective of increasing sales of existing models, these car makers are also extending up there network by adding up more outlets and new dealerships in close by territories. Its ending up in offering better range for direct customers and becoming a highly consumer market in India.

To extend sales, now comes the discounts and offers. In this highly competitive scenario, wherein within a short distance you can see 2 to 3 dealerships of Maruti Suzuki and Hyundai Motors each, 1 to 2 dealerships of Tata Motors. Ford Cars, Honda Cars, Toyota Cars - the options are unlimited for a customer to choose from. Hence, these car dealerships ends up with more discounts and better schemes to lure up customers to book sales by undercutting the other dealer sales of the same make and even showing the highest discounts of the town and value for money as compared to other car dealerships.

Every month beginning, there is an official discount which comes in but is comparatively lesser in initial days, but when sales does not happen and stock piles up adding up huge inventory cost and interest costs on dealerships, they extend the discounts to offload the cars during second half of the month by offering higher schemes and better offers.

Also, even now the customers are getting informed by checking the Car Discounts and offers online and on a phone call with other dealerships. They have a say to bargain the best deals and showing multiple dealer offers in nearby place. Even, the same is also the case of the biggest market of car finance wherein not only the Bank Branches but the dealers and direct sale agents of these banks are offering cut throat rates and to make a bread and butter offering the best deal to customers.

Customer once having the quotation online from Bank, makes up an inquiry with an online portal and the dealer. Immediately, he will end up having 2 to 3 quotes of different banks from dealer and bank branches to finally choosing up to negotiate the lowest and best deal easily. Thanks to the high technology information era these days.

Monday, July 2, 2012

Qualifying for FHA HAMP Loan Modification

Housing and Urban Development Secretary Shaun Donovan published today the FHA has made modifications to its home loan modification procedure so that it will further imitate President Obama's Home Affordable Modification Program (HAMP) under Making Home Affordable. It is anticipated that the new FHA loan workoutguidelines will be in place by August 15th.

How does this help you? Well, if you now own a home mortgage secured by the Federal Housing Administration (FHA), you should be able to extensively moderate your monthly home loan payments, interest rate, and possibly realize a partial principal forbearance or balance reduction (a decrease in the amount you owe on your mortgage), provided you meet the new guidelines.

Homeowners that have effectively gotten a mortgage modification through Obama's Making Home Affordable Program have had marvelous results, some easing their mortgage rates to as low as 2% on 30 and 40 year fixed loans, saving a good deal of moneyeach month on their mortgage.

Now is a very exhilarating period for borrowers in FHA loans, as they now also can achieve similar benefits. Qualifying for the FHA -HAMP can be a little tricky, and there's a good deal of junk out there on how to succeed. We're going to clear up the tittle-tattle, and help you understandhow to get qualified, ModificationZoom style.

Firstly we must cross the "eligibility" bridge - Your mortgage company needs to be FHA-Approved to modify under FHA-HAMP. Most major lien holding mortgage banks that offer FHA home loan programs are approved. The superlative way to remedy whether or not your bank can modify your home mortgage under FHA-HAMP is to call and query if they partake in the program! If your "mortgagee" (lender) is eligible, your next step is to make sure that you are eligible!
Your present home mortgage must be an existing FHA-held single family mortgage, and the present loan must be behind, meaning that you are 1 payment past due more than 30 days, but less than 12 full mortgage loan payments past due.

Your abode must be a FHA insured single family home (1-4 units), mortgages previously amended under HAMP are ineligible, you must have had the loan for 12 months, and here's a great piece of information: There is no net present value (NPV) check for eligibility!

(The NPV examination is ulitilized to decide whether it makes sense for your bank to adapt your mortgage. Under this program, it doesn't matter if it financially makes sense for your servicing bank to adjust your mortgage or not! If you qualify, your mortgage lender should change your mortgage, apart from the total amount of equity you have in the home!)

There is no upper limit on mortgage loan amount for mortgages eligible for home loan modification, and it have a bearing what your credit looks like! There is no appraisal required, and your FHA - HAMP modified mortgage lien has to be at a significantly lower interest rate and payment than what you already possess!

For supporting documentation, you will need to submit the following:
1) Hardship Letter
2) Income Documentation - Paystubs & W-2s, or Profit & Loss Statements & Full Tax Returns if you are Self-Employed.
3) 3 Months Bank Statements
4) Financial Worksheet of Income & Expenses
5) Hardship Affidavit

So what is going to take place when you get a home loan modification through FHA - HAMP? First, you will be placed in a temporary loan modification payment plan, and after you make the first 3 payments under your new plan, FHA-HAMP can be fixed for the life of the loan.

Your home mortgage will be changed to a 30 year fixed rate to a (proposed) front end DTI of 31%. You must confirm that your back end (proposed) DTI is below 55%.

What exactly does this signify? Your "front end" DTI can be determined by dividing your mortgage loan expense by your gross income. Your "back end" DTI can be determined by the sum of all of the monthly payments that show up on your credit report by your gross income - e.g. - credit cards, auto loans, and additional home mortgage payments.

Conversely, to calculate what your new payment will be, simply multiply your gross income by 31 percent!

Alright, I understand that was a lot of information, so we're going to summarize with a "To-Do List":

1) Make sure that you have an FHA loan, and that your Mortgagee (lien holder) is FHA - Approved.
2) Your mortgage must be at least 1 payment late, but not more than 12 payments late.
3) Make sure your home is 1-4 units, that it is your primary and only residence, that you've had the loan for 1 year, and you haven't previously modified under HAMP.
4) Write out the hardship affidavit, write a hardship letter, document your income, completed a financial worksheet, include bank statements and submit the package to your lien holder!
5) Get your loan modified!

The remainder of the information out there on FHA - HAMP is pertinent, but not necessarily stuff that has to be absorbed to get a loan modification through the government initiative. For example; your lien holding bank will govern how to get to the goal 31% payment by giving you a 30 yr or 40 yr fixed term and the calculated fixed rate, and may have to lower your principal to help you qualify for the payment you need to be financially stable. For more information, contact ModificationZoom toll free at (866) 760-9099.

ModificationZoom is not a Government Agency, but we do understand the ins and outs and loopholes of FHA - HAMP, and can help you.

Alright, now you're ready to rock and roll with the FHA Home Affordable Modification Program (HAMP).

Sunday, July 1, 2012

The New Maruti Alto K10 and Its Best 3 Rivals

Recently, Maruti Suzuki went into the depression mode soon after its market place share in India went beneath 50 per cent for the 1st time in historical past. India's largest promoting car maker, nonetheless, did not sit peaceful. It as a substitute labored more difficult and introduced plenty of new autos. It launched a new Maruti Alto (the Alto K10), an automated model of the A-Star and CNG variants of five of its most well-known automobiles, the Alto, WagonR, SX4, Estilo and Eeco. This post, nevertheless, is made up of a be aware every single on the new Maruti Alto K10 and its leading 3 competition. Read on! Maruti Suzuki Alto K10 The freshly launched sibling of Maruti's and India's bestseller Alto has been christened Alto K10. With its far more interesting design and remarkable performance, the new car has vowed to set the roads in ablaze. The auto comes in four variants, the LXi and VXi and the two these in metallic variations. The significantly hyped about K-Sequence engine has been plonked in the new auto. The 998cc 3-cylinder motor that spews out an impressive 67 bhp has been mated with a five-velocity manual slush box with cable gear shift. The McPherson Strut in the front and Coil Spring suspension at the rear provide the needed stability. With capabilities like a little one basic safety lock and a high rigid monocoque frame created of large tensile metal, safety surely does not just take the back again seat. Chevrolet Spark Standard Motors modified the Chevrolet Matiz hatch to produce a spark on the Indian roads. That's how the Chevrolet Spark was born and it sure poses sturdy levels of competition to the new Maruti Alto K10. The Spark is offered in the subsequent variations: 1., one.0PS, one.0LS, one.0LT, one.0PS LPG and 1.0LS LPG, and they also arrive as metallic variants. The Chevy Spark is draws energy from a 1.0L engine that expels 63 bhp and a peak torque of ninety.three Nm. This motor is coupled with a 5-pace manual gearbox which is regular across all variants. The ergonomically created interiors of the Spark, with cosy seats and the speedometer and dashboard getting appropriately positioned, are really worth a mention. Hyundai i10 19.81 seems to be the most fitting number when talking of the Hyundai i10. 19.81 kmpl is the mileage that this high efficiency vehicle delivers. Meanwhile, the new Alto K10 delivers an all round fuel economic climate of twenty.two kmpl. Which is really close and the competitors in between the two can be actual hard. Indians have a option of twenty variants when it arrives to the Hyundai i10. Even so, there are just two major variants, the iRDE and Kappa. Moreover, the variants can be divided into five categories D-lite, Period, Magna, Sportz GLS and Asta. The 2 engines alternatives are: one.1L iRDE I4 and a one.2L I4. Ford Figo The Ford Figo is one of the most current hatchbacks that Indians have really warmly taken. On the other hand, reaction for the Alto K10 is nevertheless to be gauged. The Ford Figo is available to vehicle buyers in equally the petrol and diesel varieties. The car's 1.2L DuraTec petrol motor has a greatest torque of 102 Nm at 4000 rpm even though the 1.4l Duratorq diesel motor has a peak torque of 160 Nm at 2000 rpm. To include to the effective nevertheless lovable Figo's energy, Ford has embedded in it a host of basic safety functions like A/C with heating, entrance energy windows, an adjustable driver seat, a Bluetooth telephone interface and considerably much more.