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Hot Real Estate USA Fair Debt Law Prohibits Debt Harassment Did you know that debt harassment by debt collectors and collection agencies is against the law? That's right! The Fair Debt Collection Practices Act (FDCPA) prohibits aggressive and misleading practices of debt collectors when attempting to collect debts. Here are some ways that debt collectors engage in practices prohibited by the FDCPA. when contacting you they call before 8am and after 9pm - no early or late calls allowed. They also cannot call you at work if you tell them not to. See Loans 101 for more debt and credit articles and videos. Getting Out of Debt Problems by Filing Bankruptcy Bankrupcy is the legally defined inability or seriously reduced ability of a company, organization or individual to pay their debts. When a business is in serious financial difficulty and is unable to service its debt or pay its creditors, either the compnay or its creditors can file with a federal bankruptcy court for protection under either chapter 7 or chapter 11. Once bankrupcy is filed, the responsibility for repaying debt is temporarily suspended. What is called an automatic stay goes into effect and creditors who are listed on the petition are prohibited from contacting the debtor while he is under bankruptcy protection. Finds Unique Antique Pieces at Antique Art Chicago It is very difficult to find a job working with an established antique dealer. Many dealers are struggling to sustain their practice and cannot afford to take on employees - even a trainee. These days, dealers prefer to trade at antiques fairs and centers rather than to start their own shops. This helps reduce their overall expenses. Antique Art Chicago - PRIMITIVE brings you 'the best of the world right next door.' Whether it is one-of-a-kind items brought from hard to reach places or proprietary furnishings. |
Review-of-the-week.com features Product Feature Pages — pages dedicated to descriptions or reviews of products or websites. Product Feature pages can include photos and graphics (as long as these are readily available), and can have links pointing back to your (single) site. Product Feature Pages are linked from at least 5 blogs, a number of high traffic article and announcement sites. Condo-Hotels - A New Second-Home Alternative to Time SharesMay 30, 2006 - Real Estate News May 30, 2006 - Linknet Real Estate Kitchener Real Estate - Kitchener, Ontario Real Estate Sarasota Real Estate - Buy or sell your home in Sarasota Halifax Nova Scotia Real Estate - Awesome Halifax Nova Scotia Ottawa Real Estate - Homes in Ottawa, Ontario, Canada Condo-Hotels - A New Second-Home Alternative to Time Shares Condo-hotels have evolved as a better, more reliable second home alternative to time-shares. They are usually attractive, high-rise hotels on the ocean or in other prime locations, and range in price from the mid $ 200,000s to over 1 million, depending on the size, location, and amenities. Many of the biggest names in the hotel industry have condo-hotel buildings, including Hilton, Four Seasons, Clarion, and Ritz-Carlton. Donald Trump has numerous condo- hotel facilities across the country, including a building in Fort Lauderdale and another in Sunny Isles, Florida. In general, condo-hotel properties have been highly successful with all or nearly all units selling out within months of the first offering. For example, the Ritz-Carlton Key Biscayne is a beachfront property with 188 condo-hotel units, all of which sold out a year before the building was even finished. Needless to say, the values of the condo-hotels in this building have gone up significantly. There are several reasons for the popularity of condo-hotels. When you purchase a property, you purchase a condo unit in the hotel. Unlike a time share, you have access to the property whenever you want, and it is put into a rental pool when you are not in residence. Although developers can't guarantee the properties will rent, management by a well-known hospitality group will typically result in several weeks of rental income. This is one of the biggest appeals of condo-hotels because the rental income can offset some of the costs of owning a vacation property. In addition, the management company takes care of renting the unit, using their connections and expertise. You don't have to worry about any of these details. Most rental agreements split the income 50/50 between the management company and the owner. However, some properties offer more favorable arrangements, and this is another aspect to consider when deciding which property to purchase. Despite the fact that the property is in a hotel setting, a condo-hotel is considered a private residence, and owners are eligible for mortgage interest deductions and all the other tax advantages that come from owning a second home. However, most condo-hotels do not allow you to live in the unit year round. This is because the management company wants to rent out the unit when you are not there, so both you and they can profit from that rental income. Each condo-hotel property has its own residence restrictions that indicate the maximum amount of time you can live in the property. This is an important piece of information to consider before purchasing a condo-hotel unit. Most owners do not intend to live in their condo year round, so this is not a concern in typical circumstances. Why not just rent a hotel room? In addition to the investment aspect, condo-hotels usually offer more room than a standard hotel room. Most suites are one or two bedrooms, and larger units are available. Condo-hotels typically have cooking facilities and other homey features that hotel rooms do not. This makes it ideal to have family stay with you when they come to visit. With the advantages they offer over time shares, it's easy to see why so many people looking for a vacation property investment they can also enjoy when they want are now looking at condo-hotels. For more on finding and buying the right condo-hotel, check out Make Your Next Home a Resort, the 2005 Guide to Condo-Hotels, Fractional Shares and Resort Residences. You can download the Guide as a pdf file at http://www.InvestingIN.com/realestate/resorts/resort4u.htm Leon Altman is the founder of the InvestingIN Real Estate Letter - http://www.InvestingIN.com/realestate/LtrSignup3.htm - and its parent website, http://www.InvestingIN.com - a website that provides articles and newsletters about opportunities in different areas. Article Source - Real-Estate-Webs.info
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