Why A Hard Money Loan.The reason real estate investors choose to use hard money loans is that they are a source to purchase and rehab property to make a substantial profit that they may not have without the use of this expensive money. These short term loans are expensive and even if they were legal for a home owner to borrow from the private lenders offering these loans it would never be advisable. So how hard are these short term loans, you ask? The answer is threefold. They are restrictive in loan to value, they are high in rate and high in fees.Restrictive in Loan to Value.The maximum loan to value for most private loans range from 50% to 75%. No deals are done at the higher loan to value for two reasons. First the hard money lender requires lots of equity in case of default they can list [...] Continue Reading…

Tom Ramstack – AHN News Correspondent
Mexico City, Federal District, Mexico (AHN) – The U.S. and Mexican governments signed agreements Tuesday designed to improve airline security as Mexico continues its war against drug cartels. The two countries also agreed to seek ways to protect immigrants, who are often targeted by criminals as they cross over the international border. “In the face of ever-evolving multinational threats, the United States is committed to working with our international partners to enhance information-sharing and our mutual security,” U.S. Homeland Security Secretary Janet Napolitano said in a statement. She signed the treaty on behalf of the United States at a ceremony in Mexico City. A key part of the agreement is a trusted traveler program that allows airline passengers who have undergone rigorous background checks to bypass lengthy screenings at airport checkpoints. They also must provide biometric information – such as fingerprints [...] Continue Reading…

There are tons of loans available for real-estate investors. One type of loan commonly used by investors is the Hard Money loan. These loans allow investors to buy and fix investment property. If used correctly it can definitely put money in your pocket right away. But, be aware because there are some pitfalls you will need to avoid in order to be successful. Below explains how a Hard Money works and what to look out for.1. Scope of Work- for these specific types of loans lenders will require the investor to provide a scope of work worksheet. Every repair you plan to make needs to be written down on this sheet. The scope of work worksheet is what the Hard Money lender will use as a guide, in order to pay for the project. If repairs are done that are not on the worksheet, then you may have trouble [...] Continue Reading…

Lawrence Mijares – AHN News Contributor
Aksu City, China (AHN) – While elementary school children were walking down the stairs toward their playground, some fell triggering a stampede. According to reports nearly 100 students were hospitalized and one is listed as being in a coma. According to a government spokesman who refused to disclose his name, the incident occurred at 12 p.m. at an elementary school in Aksu city in China’s Xinjiang Uygur Autonomous Region. Safety in China’s schools and its nearly 220 million primary and middle school students has been the topic of public scrutiny after several attacks on schoolchildren in various parts of the country over the last few months. The attacks prompted school officials to deploy more guards and surveillance cameras on the premises. The recent stampede puts into focus another aspect of the issue that must be addressed in the protection and safety [...] Continue Reading…

AHN News Staff
Manila, Metro Manila, Philippines (AHN) – The Philippine Department of Labor and Employment has unofficially lifted the ban on night work for women by issuing Advisory No. 4. The advisory said female employees may be allowed night employment if they are over 18 years old. The country’s labor code bans night work for women and it would take a law to amend the ban. Instead of going through a lengthy legislative process, the Labor Department issued the advisory to provide protection to millions of Filipino women in night jobs, particularly those employed in the business process outsourcing industry. Labor Secretary Rosalinda Baldoz said the labor code has exemptions on the night work prohibition that would ensure equal employment opportunities and rights against work discrimination. Under the advisory, among the requirements for companies that require female employees to work at night are the provision of [...] Continue Reading…

The Media Line Staff
Dubai, United Arab Emirates Michael Grubb – Dubai International Airport, the largest in the Gulf, is outpacing the world aviation industry’s recovery this year as it capitalizes on its role as a pivot for business travelers arbitraging between a struggling Europe and the burgeoning economies of Asia. But analysts warn that Dubai’s success makes it a likely magnet for new competition. Traffic through Dubai International rose by close to 16 percent in the first nine months of the year, well ahead of the 12.9 percent average increase in the Asia-Pacific market, making it the world’s fastest growing, according to Airports Council International. The pace of growth for Dubai continued in October, when traffic exceeded 4 million people for the second time ever, Dubai Airports reported Wednesday. Aviation is a big and thriving business for tiny Dubai, whose economy is otherwise struggling with some $100 [...] Continue Reading…

When being bogged down by a mountain of unpaid debt, it can oftentimes feel as if bankruptcy is the final and only available option to regain your financial security. But many people are reckless in filing bankruptcy, taking it as an easy way out. Bankruptcy is a serious action, the results of which can stay attached to your credit file for an entire ten years in some cases, haunting you as you attempt to get the loans that you need, rent an apartment, buy a house, or even obtain insurance at a reasonable rate.And since more and more potential employers now check the credit record of their prospective employees, a bankruptcy notation on your credit file can even lower your chances of getting the dream job that you have been working so hard for. For this plethora of good reasons, smart borrowers are turning to consolidation of their debts [...] Continue Reading…

Aegon has enhanced its unit-linked guarantee product Aegon Secure Lifetime Income (ASLI).

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Paris, France (NewsBahn) – Delegates from 48 countries ended a week-long conservation conference here Saturday with an agreement on new protections for several species of endangered sharks, but failed to tighten limits on harvesting bluefin tuna. Members of the International Commission for the Conservation of Atlantic Tunas voted to ban the fishing and sale of seven species of sharks whose numbers have dropped drastically due to overfishing. The ban covers oceanic whitetip sharks and six types of hammerheads: Great Scalloped Scoophead Smalleye Smooth Whitefin Populations of these sharks are estimated to have declined up to 99 percent in various oceans around the world. Catch of bonnethead sharks, a type of hammerhead, will still be allowed in the Atlantic, as well as fishing for hammerheads by coastal communities where the fish is intended for eating. At the same [...] Continue Reading…

Anne Lu – Celebrity News Service Contributor
Los Angeles, CA, United States (CNS) – MTV has responded to the allegations of a screenwriter who claims the network ripped off his idea for a reality TV show and called it “Jersey Shore.” Christopher Gambale claims he first came up with the idea of guidos and guidettes in 2006, but MTV insists they’ve been in the business of guidos since 2004. According to Gambale, he pitched the idea of a show called “Guidos: The Reality Series” to MTV in 2006. The show would focus on “stereotypical guidos and guidettes” that are obsessed with “GTL before hitting the clubs.” He claims MTV never got him a response about his pitched show until he threatened to sue them in a letter. But according to a letter MTV has recently fired, which TMZ obtained, the network says the portrayal of stereotypical Italian [...] Continue Reading…