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Refinancing Investment Property ARM Home Loans

Rental properties have been used by investors as a sort of safe haven against the ups and downs of the stock market. recently many investors took advantage of adjustable rate  mortgages or the more exotic option ARM loan in order to finance their investments.

Faced with resetting payments and rising rates many of these types of investors have tried to refinance and found that is now harder then ever to refinance adjustable rate mortgage on rental property that they own.

Why Investors May Not Be Able To Refinance Their ARM Home Loans

Reduced Property Values- Many people jumped into the rental property market when times were good and creative financing programs allowed them to buy second or even third homes with 100% financing and little proof of income. But now as banks have tightened up and property values have dropped many investors are finding they owe more then the house is worth and they can at best get a loan for 75% of the value of the home.

Not Enough Income- Because many of these loans were purchased with no doc or stated loans they are very hard for the owners to refinance using their actual incomes. Stated loan,no doc loans and high DTI loans are long gone so if you need this type financing and do not make enough to debt ratio properly you are in big trouble.

What Can You Do If You Are Unable To  Refinance

The best thing that you can do as a property owner who is in trouble is to call your lender and try and work out a reduced interest rate or payment. Many times if you were a great customer before the lenders will change your loan to a fixed rate and set the rate to your initial rate or one that reflects the current going rate in the market place.

10 POWERFUL Reasons Why You’re Crazy NOT To Start A Home Based Business In 2005

Home Based Business’s are spreading across North America and have become widely recognized as one of the most desirable business’s to start for several reasons.

Just think for a minute what it would be like to work from home and never have to worry about waiting in grid lock traffic or to answer to your boss’s demands.

Wouldn’t that be great?

In today’s fast paced world a little extra income doesn’t hurt in order for the average guy or gal to get ahead in life so they can enjoy the little extra’s life has to offer that there current job doesn’t allow them to do.

I know from experience because that’s what made me take the necessary action steps required in order for me to enjoy the quality of life I wanted to live and provide for my family.

But, the problem that usually occurs is people need to be motivated by something or inspired in order to take action.

Well, the purpose of this article is to do exactly that, inspire you.

I’m going to cover with you the 10 main reasons why You should consider starting your known ‘Home Based Business’ and the benefits behind each of them.

I guarantee once you read through them you’ll agree that a ‘Home Based Business’ might be worth considering.

With that said, let’s go to reason #1.

Reason #1. Be your own Boss.

Ever dream of being your own Boss?

Well starting a ‘Home Based Business’ is a step in the right direction and the best part is, you’ll never have to answer to anyone else’s orders, just your own.

Reason #2. Work when you want to.

This is probably one of the best reasons in my book for starting a ‘Home Based Business’ simply because you get to set your own schedule for what hours You want to work.

This is especially beneficial for stay at home moms who have children to tend to and need some flexibility in there work schedules.

Reason #3. Freedom to do what you want when you want.

How’s that for a reason to get started. By being your own boss and being able to schedule your own work hours you NOW have the freedom to do what you want when you want to with whom you want at anytime.

It’s a great feeling to be in control of your own life and do what you want when you want.

Reason #4. No more worrying about job security.

By having you own ‘Home Based Business’ you never have to worry about receiving a pink slip from your boss or a “SORRY”, but the company has to cut back on its employee’s and You happen to be one of the one’s who has to go.

Reason #5. It doesn’t interfere with your current “J.O.B.”.

That’s right, you don’t have to quit your current J.O.B. in order to get started. You can start on a part-time basis until your able to replace your current income with the income you generate from your business.

Remember, you get to set your own hours for when you want to work your business.

Reason #6. It will make you a more confident person.

By setting out and starting your own business it’ll make you a more confident person because it takes a lot of confidence to start something you have no idea what the outcome might be and the risks involved, whether there financial or personal.

Reason #7. It builds a sense of pride.

Wouldn’t it be great to be able to tell your friends and family or just somebody you meet that you’re an entrepreneur and you run and operate your own successful ‘Home Based Business’.

Pride also works as a motivator because the more successful you get the harder you’ll want to work in order to achieve the goals you have set for your business.

Reason #8. It’s all for the MONEY.

MONEY is a pretty obvious reason for starting a ‘Home Based Business’ because Why would you otherwise start a business if you weren’t planning on making any MONEY.

It also builds a sense of security for your way of life and the things you enjoy doing because the facts are… nothing for FREE. Everything has a price.

Reason #9. You get great Tax benefits.

You heard right, you get Tax benefits with running your own ‘Home Based Business’ because now you’re entitled to home business tax deductions.

This is a category in it’s own and getting a good CPA who has experience with home based business tax returns will be essential in order for you to maximize your return for the year.

Reason #10. Wouldn’t it be great to retire early.

If your business turns out to be a SUCCESS and you invest and put your money to work for you, wouldn’t it be great to retire early and do the things you’ve always dreamed of doing, but never had the time or money to do so.

There you have it, “10 POWERFUL Reasons Why You’re Crazy NOT To Start A… Home Based Business In 2005″.

Now, if those 10 reasons don’t get you excited about starting a ‘Home Based Business’ then I have failed to inspire you.

If you need to read through them again, do so now.

These are the very reasons I contiplated before starting my home based business and in my mind are the most common.

Write down for yourself why You would want to start a ‘Home Based Business’, I bet you’ll come up with several of the reasons I’ve listed above.

With that said, there’s one more thing I want to mention and that is if you are seriously thinking about starting a ‘Home Based Business’, whether it be online or offline, make sure you put together a ‘Step-By-Step’ business plan on the actions you must take and make sure you start a business you enjoy doing.

Buying a Football Jersey – Is it a Sport Memorabilia Or Investment?

Football jersey can well surpass all the other memorabilia and collectibles of teams. It is the most popular team item, a significant and priceless possession for every true fan. Most football supporters own the jersey of their favourite team, especially now, when the jersey bears the name and number of particular players. The authentic jerseys can actually be a great collectible as well.

The football jersey is a piece of clothing that is originally made to provide comfort and protection to the player; it has become though the cornerstone of every sophisticated and serious collection. It is something like a piece of art, decorating walls and offices in a true fan’s home. Some of them create large displays with several authentic jerseys, signed by their favourite players.

If you go online, you will find thousands of jerseys for sale; at eBay or Amazon, you can find some authentic shirts in high prices. Some of the fans sell jerseys signed by the football players, increasing the price dramatically. You can find a football jersey at 350$ or even more, as many fans invest in football apparel and create some sort of small business online, trading and selling jerseys or full kits. If you are among those football fans that want to have authentic and rare jerseys, you definitely need to check online. There are numerous rare items out there for sale, at different prices, for every budget and pocket.

Some of the very first jerseys used in football matches are quite pricey; a known collector bought recently a football jersey from the 70s, belonging to a player of the national team of Brazil; he spent more than 20000$ for that, but it is a unique item and belongs to the player that scored the winning goal at the final match of World Championship. If you can find a rare jersey signed by a player you can consider it to be an investment; you cannot know the exact value of this jersey twenty – or more – years from now.

If you are not up to this task, but you are mostly looking for something comfortable and easy to wear, then you should definitely consider checking the simple jerseys that have hit the shelves; you can find a football jersey that belongs to European team, such as Manchester United or Barcelona, or an American or South American team. The dot com boom made the purchase of jerseys and apparel really easy. You can find the jerseys that bear the name of a player such as Beckham, for instance, in good prices. If you don’t want to spend huge money, you can always opt for a replica. IT might not be top quality, but it will last for a while and is easily replaceable. Some fans tend to collect jerseys of their favourite players, buying a football jersey from every team they play for; in the case of Beckham you can find one from M.United, Real Madrid and now Milan.

Whether you are a big fan or a simple collector, buying jerseys is a great way to keep the memorable moments of your team always alive and vivid. It’s also a nice way to connect with the club and show that you belong to the group of fans that support a team religiously.