Bengal Handloom Sarees Collection

India is country that has a splendid heritage of various cultures and heritages that have resulted in innumerable traditional crafts and art forms in every nook and corner of this massive country. Over the years however the artforms responsible for many of the most resplendent of Indian traditional dresses have faded away because of the lack of proper preservation and government aid. Many of the artisans and craftsmen have been forced to give up these art forms that have been passed on through the generations in the families, in order to earn a decent livelihood.

The Bengali handloom industry like many other handloom industries from around the country have been ignored for far too long. The traditional sarees of Bengal are known for their intricate and unique craftsmanship. The broad range and palette of colors that these exotic sarees employ are a testament to their spell-binding power and allure. The sheer appeal of these traditional size yard wonders is what makes them all so sought after in the Indian ethnic fashion scene today. Like most other traditional handloom saree styles, these sarees are outmatch the magnificence of any western trend. These sarees are perfect to flaunt on any festive, wedding or traditional celebratory occasion. One way to spruce up these other traditional styles is to perhaps try new and trendy methods of draping your saree or even amplify your style with voguish accessories. The best part about Bengali sarees is the fact that you can store them for long periods without letting them wither away by just having them dry-cleaned or even subjecting them to fabric treatments. All one has to do to make the sarees suitable for wearing them again after long periods of storage is to rise the fabric delicately in cold water.

These sarees have quite a strong fan following among Bollywood celebrities. They are also a favorite of youngsters. A lot of celebrities such as Priyanka Chopra, Dia Mirza, Vidya Balan and Konkana Sen Sharma are major fans of Bengali handloom sarees and can be seen sporting them regularly at red carpet events, award shows and even promotional events for their movies. Another way to really spice up these traditional styles is to pair them with suitable crop tops that will amplify the look to incredible extents. Pairing them with full sleeved polo neck t-shirts as well as statement necklaces for a more Indowestern style is also a good option. Sporting a pair of leggings instead of the traditional petticoat and wearing some fancy headgear or a scarf are all ways to go about sprucing up your look. You could also try giving your traditional Bengali sarees style a bohemian touch by accessorising with chokers and large danglers or hoops. If you are someone who doesn’t quite like completely traditional styles and would like to spruce things up then there are endless options for you to go about doing so.

Buy Bengal Handloom Sarees

After reading this article on the sheer grandeur of Bengal Handloom Jamdani sarees, if you have made up your mind on getting yourself some sensational Tantuja saree Bengal or Bengali heavy dresses online, then the best place to so from is a well-reputed ethnic fashion website which is known for its collections of all the latest Bengal handloom sarees as well as all other varieties of traditional silk saree, linen sarees and handloom cotton saree styles from all over the country, all available at unbelievably affordable prices that you can get with everyday discounts, sales, offers and more.

Make Fast Money – 2 Incredible Ways to Make Money Fast and Quick

Are you looking for ways to make fast money, so you could pay off some bills or take a vacation or even to help you buy a new car? Or maybe you are even looking for a way to make money working from home for a full time income, fast and easy? Then here are some ways that can make you fast money using your computer.

1. Sell your stuff on eBay

This is one of the best ways to make fast money online, and it doesn’t even cost you any money out of your pocket. First, just look through your closets, basements, and in your attic, or just any place in your house that you might have put some junk for storage. Search for antiques, old collectibles, or just anything that is useless for you.

Once you find some old stuff, just make sure that they are clean. And list them on eBay.com for sale. Always remember, “Your junk could be somebody else gold mine”. There are people that are making each month thousands of dollars through selling on eBay. This is an excellent way to start making money fast.

2. Start a blog

This is one of the most common ways to make fast money. What you will be doing is that you will start a blog on a topic that interests you, and after that you will look for products that are related to your topic. And you will promote them through your blog.

To start a blog is free. You could just register with Blogger.com, or WordPress.com, and once your account is up and running, you could start posting to your blog immediately.

After your blog becomes popular with a lot of visitors, you would like to make some money out of your blog, so you should go and search for a product to recommend. Make sure that the product you pick to recommend is related to your blog.

A very good place to find products to promote is ClickBank. They have a huge marketplace with thousands of products to choose from. Once you choose a product you could write a review about that product, saying why you recommend this product. Or, you could just place an ad along the side of your blog.

There are people that are making up to $100,000 from their blogs. But they are super affiliates and have their blog running for a long time. But it’s good to know where you could get to. You could expect to make about a few thousand dollars out of your blog. This is another way to make fast money.

Now, it’s up to you. If you want to make fast money then you have to take action.

How Does an Encinitas Bail Bond Work at the Vista Jail?

When a parent or loved one gets a call in the middle of the night, it can be very stressful and mind-boggling to figure out how Encinitas Bail Bonds work at the Vista jail. If you make a mistake, it can cost you lots of money in bail bond premium.

Firstly, anyone arrested in North County San Diego or Encinitas Ca will be taking over to the Vista Detention Center in Vista California. It’s at the Vista jail where the arrest and the booking process begins. If you were hoping for a quick bail bondi process and getting your loved one out very quickly, forget it. The bail process at the Vista jail takes anywhere from 4 to 12 hours until your family member is released after a bail bond is posted.

For every crime you can imagine, there is already a set amount in which the defendant has to pay in order to get out of the Vista jail during their court case. This is usually 10% of the entire bail amount. The bail bondsman puts up the other 90% with a bond and promises that the defendant will show up for all the court cases or the Encinitas bail bondsman will be responsible for the entire bill amount if the defendant skips bail.

Secondly, once the defendant is in the Vista Jail they will be fingerprinted and their identity verified. They are then sent to the FBI to check for any outstanding warrants in any other state in the USA. The fingerprinting process can take anywhere from 2 to 6 hours depending upon how busy the Vista jail is and how busy the FBI is processing fingerprints from around the country. Once to fingerprint check comes back and there are no outstanding warrants, then in Encinitas bail bondsman can post the bail at that time.

Thirdly, once it has been posted at the Vista Detention Center, the defendant will go into an exit process that could take anywhere from 1 to 5 hours. If the defendant was arrested for DUI, they are required by law to stay in jail for at least 8 hours before they are released back into the public. This helps drunk driving defendants when they get out of jail that they are completely sober and there’s no liability at the Vista Detention Center if they get into another accident. In the exit process, the arrestee will get all our possessions back, including their phone, money, jewelry, and any other articles that they were arrested with.

The defendant will have a future court date that they need to appear at once they are out back into the public on a bail bond. It’s very important that the defendant does not violate the bail contract and commit no additional crimes once an Encinitas bail bond has been posted.

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Dealing With Divorce

Everyone knows that Vegas is the place to be for any sort of celebration such as a bachelor or bachelor party or even just going out on the town for a weekend for fun. In some cases Vegas becomes a little hard to handle and some people can often lose what they originally came with. The next morning many things can be a surprise to you, including a new wedding band on your finger or a headache that is worse than ever. If you are waking up next to someone who you do not know and cannot remember and there is a signed document there you may need the assistance of a Las Vegas Divorce Attorney. A Las Vegas Divorce Lawyer can get both parties out of the issue without a very difficult trial of events.

There are many ways to ensure that big mistakes like these do not happen or are less likely to happen on your very fun trip planned for Las Vegas, Nevada. In Nevada there are many different rules than in some other states and sometimes it is important to make sure that you know what those are before you get there. Another good way to make sure that nothing goes too incredibly wrong is to go with a group of friends rather than alone. The chances are good that one person in your group will probably want to stay alert throughout the night making sure that everyone is okay. If you have that person you can guarantee that you will be a little safer.

A lot of people like to go to Vegas to let off steam and let loose and relax, but do not get too relaxed. Remember that your visit to Vegas is meant to be enjoyable. You should not feel like your mind has been erased when you are finally heading home. A good way to do this is to make sure that you are fully prepared for any sort of extra partying that you may not be ready for. Do not lose control of yourself because this can end in multiple bad decisions.]

Las Vegas is a city known for some crazy nights but you do not have to be a part of something that you do not want to. If you are not there to gamble and drink and party in the clubs, there are plenty of other things to do. There are several different relaxation resorts and spas as well as many shows and cool museums to look around in. If you are interested in shopping there is also a great social scene with lots of designer stores to get exactly what you want. The night scene may be a little too exciting for you, but that is totally okay.

Vegas changes a little from day to night and for some people Vegas is not all about gambling relentlessly and drinking until they pass out. If this is not for you, there are plenty of other fun things to do as well. The most important thing is to remember to have fun and enjoy.

Travel The Majestic Canadian Rockies In Luxury

Each major mountain range of the world is known for its scenic splendor and the Canadian Rockies are no exception. The Canadian Rockies are a must-see location for travelers who enjoy the majesty of mountain ranges or for anyone who desires to be counted among the well-traveled world explorers. For over 125 years, savvy travelers have taken advantage of the superior opportunities to view the panoramic scenery of the Canadian Rockies through luxury train excursions.

The historic trains of Royal Canadian Pacific (RCP) offer a luxury travel experience like no other. At the 2006 World Travel Awards ceremony RCP won the “World’s Leading Luxury Train” award, winning over such notable train experiences such as the famed European Orient Express and The Blue Train of South Africa. RCP guests can be assured of five-star luxury service in an intimate atmosphere as only 32 guests are on board each rail excursion. Chartered individual tours can be arranged for the ultimate in privacy and service.

The fully restored railcars hail from the 1920’s, the era of luxury travel of such notable society names as Rockefeller, Carnegie, Churchill and the British Royal Family. Wealthy individuals traveled to the famed lodge on Lake Louise to spend the summer season in the cool natural beauty of the Canadian Rockies. Travelers seeking the best in luxury travel can relive the elegant lifestyle of the pre-war American and British elite, admiring the unchanged scenery of this majestic part of the world.

The Royal Canadian Pacific train originates in Calgary in the province of Alberta. The tour package includes limousine service between the airport, hotel and train locations as well as gourmet dining experiences in Calgary before and after the tour. RCP provides first-class amenities and service from beginning to end.

Another well-known train service to the highlights of the Canadian Rockies, the Rocky Mountaineer, travels between Vancouver, British Columbia on the west coast, to Calgary with stops at the popular tourist destinations of Whistler, British Columbia, and Jasper or Banff in Alberta. Travelers originating or terminating at Vancouver can easily extend their scenic experience with an Alaskan cruise which includes whale watching and spectacular views of Alaska’s famed glaciers.

The Rocky Mountaineer takes a 2-day journey to the national parks at Jasper and Banff and features glass domed bi-level rail cars. Travelers enjoy the panoramic views from the second storey. Gold Leaf Service provides seated first-class dining en-route. Overnight accommodations and dinner are provided at a moderate hotel. While not the award-winning luxury trip of RCP, the Rocky Mountaineer provides an alternate means of reaching the famed tourist spots of the Canadian Rockies from the west coast of Canada.

A knowledgeable travel consultant can combine the train trip with a stay at a luxury resort nestled in the pristine forests of the Canadian Rockies. There are any number of modern first-class premier resorts that provide tourists with upscale accommodations and service nestled in the stunning forests near the numerous clear lakes of the area. Anyone seeking an Eco-friendly luxury travel experience in a peaceful and private spot in the world need look no further than a Canadian Rockies adventure.

What Makes a Hotel Receive Five-Star Status?

So you’re planning a holiday, maybe you’re visiting a city in your own country or you’re experiencing abroad. Whatever your reason for travel, understanding why five-star hotels are more expensive and what makes them more appealing can help you identify if this is the right choice for you.

It is important before you start looking at five-star establishments, that you understand that every country has its own rating process and result. There are certain things you should expect from your hotel and when paying five-star luxury prices, the one thing you can be certain of is the finest quality elegance and luxurious guest accommodation that is spacious and well-appointed. All guest rooms should be en-suite with their own bathrooms, either shower or bath, or both and toiletries and amenities.

The next thing you will find when choosing a five-star hotel is that they have a twenty-four hour reception desk, which can be beneficial. You can leave your key at the hotel when you go out, reducing the risk of losing the key and you can get it from the open reception desk whatever time you decide to return back to the hotel. Smaller hotels and those with a lower rating, may not have a twenty-four-hour reception, this means that you need to take your key with you, sometimes you have to allow yourself into the building on your return to get back to your room with ease.

Five-star hotels have a certain level of cleanliness and maintenance that they need to maintain. In addition to their luxurious accommodation, hallways, restaurant and public areas must be spotless and gleaming without broken lights or lamps or taps that don’t work.

Further, a five-star hotel should always have a concierge service. A concierge service will handle everything for you during your stay. Do you want to hire a car? No problem the concierge will arrange it for you. Do you want to dine at a top restaurant? They will make recommendations and make the booking on your behalf. Do you want to see one of the top West End musicals? They will book your tickets for you so you don’t have to.

In addition to this, a five-star hotel is also to have certain facilities that you expect. They should have an on-site wellness centre where you can enjoy a range of top quality treatments. They should also provide you with access to a fitness facility and swimming pool.

The hotels in the United Kingdom with five-star status also provide their guests with a restaurant where you can enjoy breakfast, lunch and dinner on a daily basis. You can also enjoy the added convenience of twenty-four hour room service, ordering food to your room, sitting back and relaxing after a long day in business meetings or touring the city to see the sights.

The staff at these top establishments are all trained to the very highest standards. They are all qualified and experienced in the area to provide their guests with a first class service.

Maintaining Healthy Relationship With Office Colleagues

As an employee, you will be spending maximum hours of a day at the workplace. In a professional world, as contacts expand, it is equally important to build a good relationships with co-workers. Since company environment will always be a mix of people from various backgrounds, getting along with all of them can seem a herculean task. Employers today want individuals who are good at building relationships, communicating efficiently and gel well with the team. Here are ways using which you can build healthy relationships with colleagues and develop better association with them.

Learn more about your colleagues

Get to know more about your colleagues by asking them about their dreams and values. You can have open conversations with them during coffee breaks and learn about their background, knowledge or skills they own. Observe what type of conversations they prefer and encourage sharing of new ideas in the group. Invite them for a team lunch or an outing to build the right camaraderie and foster relationships.

Have mutual respect

When you are working in a team, allow every member to share his/her thoughts on a particular topic. It shows that their opinions are given the same value as much as of others. This facilitates creativity among the members and helps to build strong relations right from the root as a courtesy is expected to be followed.

Communicate effectively

Be professionally honest and positive when you talk to others. Even if you are pressing a point during discussion, be ready to listen to what others want to say as they might bring out a different perspective on the topic. Never have a ‘know it all’ attitude or be arrogant in front of co-workers. Also, if you have initiated a discussion, encourage others to participate in it.

Be a helper

It might happen that a colleague is staying beyond the work hours or showing up early to complete a project. You can try to help him/her in ways that are possible without jeopardizing your own assigned task. If you are a giver, then there will be greater chances of receiving help when faced with a problem. This is one of the most appreciated qualities in an employee and goes a long way in building successful relations.

Avoid being part of a group

One should try to mingle with all employees at the workplace rather than sticking to only people who fall in your age group. Do not be consistently with people who are in your vicinity or have similar interests. Try to branch out to various employees and get on a comfort level with them. In this way, you can learn more from experiences and avoid being biased. As a result, you will not feel alienated in unexpected situations.

Become trustworthy

When you start working in an organization, you are expected to deliver projects on time and even meet critical deadlines. At such times, how you manage responsibilities and handle targets would be important. You can try collaborating with other colleagues who have expertise on that subject for help. However, if due to certain circumstances you are unable to meet the target, or will be missing the completion date, communicate the same to the concerned person along with a valid reason.

Show appreciation

If you have received help from other to accomplish a task, do not forget to thank that person and give him/her due credits. Praising your colleague and speaking positive things about him/her can go a long way in building healthy relationship with fellow workers.

Connecting with your co-workers and building healthy relationships with them bring out the best in you and also give job satisfaction. Maintain a polite and cheerful attitude at the workplace. If you are on friendly terms with your colleagues in the office, then it acts as a support system, which can help in boosting your performance.

How I Made My Travel Certificates

Although my company is deeply involved in the design and sales of Travel Related Incentives and Rewards, first and foremost, we are a travel agency. Everything we do here is for the purpose of gaining access to travel customers.

Travel Agencies have been through some pretty big changes over the years starting with the airlines deciding that we didn’t deserve a commission for our services anymore. That sort of snowballed through many other travel service providers as the Internet opened up access to many of the same travel sources that we travel agencies used to call our own.

Today, instead of earning a commission by simply booking reservations for their clients, travel agencies must specialize in areas where they can guarantee travel service providers a large number of travelers. This allows the agency to negotiate rates below what is available to the consumer directly. So, the travel agency of this new era is now working for the travel services provider instead of the traveler. To make the new concept work, agencies are always looking for favorable pricing on the most desirable types of travel and then struggle to find the 1000’s of travelers they need so they can keep their contracts.

I developed my business model a number of years ago before the commission crunch began and unknowingly got a jump on the trend. I decided to try and market travel packages through the Human Resource departments of large companies. I put together cruise packages based on favorable rates I was getting from a few cruise lines sailing out of Florida. I offered these discount packages to employees as a company benefit. The companies loved it and were quite willing to put my flyers in their employee’s pay envelopes each week. That was almost 20 years ago and I still have a few companies that still use my original program today.

Getting really low rates on the most desirable types of travel is great but getting it for free is even better! While most agencies were desperately looking for more travelers, I knew if I could provide the travel services for little or nothing, this would never be a problem for me. I just had to figure out how I could get someone else to pay all or at least some of the travel expenses.

Living in Florida I watched as condominiums were being built one after the other from one coast to the other and all points in between. These were time share condo developments and they were some of the nicest resorts that Florida had to offer. They had a lot of empty suites week after week and they were looking for travelers too. I made a few calls and soon after I had arrangements with dozens of resorts that would give me access to their accommodations simply to have the opportunity to show my travelers around in hopes they would buy. All I needed now was a cost effective way to let people know what I had to offer.

It wasn’t just me that was looking for customers; everyone that was in any kind of business was looking for customers. I got together with a few marketing managers I knew and proposed that we work together. If they would cover the cost of the fees, I could give them a travel certificate that they could in turn give to their customers in reward for their business. It wasn’t long before I had several business owners who were promoting my travel packages by purchasing travel certificates from me and then giving them out to all their customers. It was the perfect idea: Travelers got to go to great places almost for free, my business associates got terrific sales incentives at a great price and I got plenty of travelers to fulfill my contracts with all my fees prepaid!

Since then I’ve design 100’s of travel certificate programs. The scope of each program is based primarily on the amount of money the business wants to pay per certificate towards the fees. The travelers makes up the difference but still has access to deeply discounted travel services that they would not be able to get elsewhere.

Understanding the Home Loan Application and Mortgage Approval – The Mortgage Lender Analysis

Do You Pass The Mortgage Lender Analysis? When a mortgage lender reviews a real estate loan application, the primary concern for both home loan applicant, the buyer, and the mortgage lender is to approve loan requests that show high probability of being repaid in full and on time, and to disapprove requests that are likely to result in default and eventual foreclose. How is the mortgage lenders decision made?

The mortgage lender begins the loan analysis procedure by looking at the property and the proposed financing. Using the property address and legal description, an appraiser is assigned to prepare an appraisal of the property and a title search is ordered. These steps are taken to determine the fair market value of the property and the condition of title. In the event of default, this is the collateral the lender must fall back upon to recover the loan. If the loan request is in connection with a purchase, rather than the refinancing of an existing property, the mortgage lender will know the purchase price. As a rule, home loans are made on the basis of the appraised value or purchase price, whichever is lower. If the appraised value is lower than the purchase price, the usual procedure is to require the buyer to make a larger cash down payment. The mortgage lender does not want to over-loan simply because the buyer overpaid for the property.

The year the home was built is useful in setting the loan’s maturity date. The idea is that the length of the home loan should not outlast the remaining economic life of the structure serving as collateral. Note however, chronological age is only part of this decision because age must be considered in light of the upkeep and repair of the structure and its construction quality.

Loan-to-Value Ratios

The mortgage lender next looks at the amount of down payment the borrower proposes to make, the size of the loan being requested and the amount of other financing the borrower plans to use. This information is then converted into loan-to-value ratios. As a rule, the more money the borrower places into the deal, the safer the loan is for the mortgage lender. On an uninsured home loan, the ideal loan-to-value ratio for a lender on owner-occupied residential property is 70% or less. This means the value of the property would have to fall more than 30% before the debt owed would exceed the property’s value, thus encouraging the borrower to stop making mortgage loan payments. Because of the nearly constant inflation in housing prices since the 40s, very few residential properties have fallen 30% or more in value.

Loan-to-value ratios from 70% through 80% are considered acceptable but do expose the mortgage lender to more risk. Lenders sometimes compensate by charging slightly higher interest rates. Loan-to-value ratios above 80% present even more risk of default to the lender, and the lender will either increase the interest rate charged on these home loans or require that an outside insurer, such as FHA or a private mortgage insurer, be supplied by the borrower.

Mortgage Closing Settlement Funds

The lender then wants to know if the borrower has adequate funds for settlement (the closing). Are these funds presently in a checking or savings account, or are they coming from the sale of the borrower’s present real estate property? In the latter case, the mortgage lender knows the present loan is contingent on another closing. If the down payment and settlement funds are to be borrowed, then the lender will want to be extra cautious as experience has shown that the less of his own money a borrower puts into a purchase, the higher the probability of default and foreclosure.

Purpose Of Mortgage Loan

The lender is also interested in the proposed use of the property. Mortgage lenders feel most comfortable when a home loan is for the purchase or improvement of a property the loan applicant will actually occupy. This is because owner-occupants usually have pride-of-ownership in maintaining their property and even during bad economic conditions will continue to make the monthly payments. An owner-occupant also realizes that if he/she stops paying, they will have to vacate and pay for shelter elsewhere.

If the home loan applicant intends to purchase a dwelling to rent out as an investment, the lender will be more cautious. This is because during periods of high vacancy, the property may not generate enough income to meet the loan payments. At that point, a strapped-for-cash borrower is likely to default. Note too, that lenders generally avoid loans secured by purely speculative real estate. If the value of the property drops below the amount owed, the borrower may see no further logic in making the loan payments.

Lastly the mortgage lender assesses the borrower’s attitude toward the proposed loan. A casual attitude, such as “I’m buying because real estate always goes up,” or an applicant who does not appear to understand the obligation he is undertaking would bring low rating here. Much more welcome is the home loan applicant who shows a mature attitude and understanding of the mortgage loan obligation and who exhibits a strong and logical desire for ownership.

The Borrower Analysis

The next step is the mortgage lender to begin an analysis of the borrower, and if there is one, the co-borrower. At one time, age, sex and marital status played an important role in the lender’s decision to lend or not to lend. Often the young and the old had trouble getting home loans, as did women and persons who were single, divorced, or widowed. Today, the Federal Equal Credit Opportunity Act prohibits discrimination based on age, sex, race and marital status. Mortgage lenders are no longer permitted to discount income earned by women even if it is from part-time jobs or because the woman is of child-bearing age. Of the home applicant chooses to disclose it, alimony, separate maintenance, and child support must be counted in full. Young adults and single persons cannot be turned down because the lender feels they have not “put down roots.” Seniors cannot be turned down as long as life expectancy exceeds the early risk period of the loan and collateral is adequate. In other words, the emphasis in borrower analysis is now focused on job stability, income adequacy, net worth and credit rating.

Mortgage lenders will ask questions directed at how long the applicants have held their present jobs and the stability of those jobs themselves. The lender recognizes that loan repayment will be a regular monthly requirement and wishes to make certain the applicants have a regular monthly inflow of cash in a large enough quantity to meet the mortgage loan payment as well as their other living expenses. Thus, an applicant who possesses marketable job skills and has been regularly employed with a stable employer is considered the ideal risk. Persons whose income can rise and fall erratically, such as commissioned salespersons, present greater risk. Persons whose skills (or lack of skills) or lack of job seniority result in frequent unemployment are more likely to have difficulty repaying a home loan. The mortgage lender also inquires as to the number of dependents the applicant must support out of his or her income. This information provides some insight as to how much will be left for monthly house payments.

Home Loan Applicants’ Monthly Income

The lender looks at the amount and sources of the applicants’ income. Sheer quantity alone is not enough for home loan approval; the income sources must be stable too. Thus a lender will look carefully at overtime, bonus and commission income in order to estimate the levels at which these may reasonably be expected to continue. Interest, dividend and rental income would be considered in light of the stability of their sources also. Under the “other income” category, income from alimony, child support, social security, retirement pensions, public assistance, etc. is entered and added to the totals for the applicants.

The lender then compares what the applicants have been paying for housing with what they will be paying if the loan is approved. Included in the proposed housing expense total are principal, interest, taxes and insurance along with any assessments or homeowner association dues (such as in a condominium or town-homes). Some mortgage lenders add the monthly cost of utilities to this list.

A proposed monthly housing expense is compared to gross monthly income. A general rule of thumb is that monthly housing expense (PITI) should not exceed 25% to 30% of gross monthly income. A second guideline is that total fixed monthly expenses should not exceed 33% to 38% of income. This includes housing payments plus automobile payments, installment loan payments, alimony, child support, and investments with negative cash flows. These are general guidelines, but mortgage lenders recognize that food, health care, clothing, transportation, entertainment and income taxes must also come from the applicants’ income.

Liabilities and Assets

The lender is interested in the applicants’ sources of funds for closing and whether, once the loan is granted, the applicants have assets to fall back upon in the event of an income decrease (a job lay-off) or unexpected expenses such as hospital bills. Of particular interest is the portion of those assets that are in cash or are readily convertible into cash in a few days. These are called liquid assets. If income drops, they are much more useful in meeting living expenses and mortgage loan payments than assets that may require months to sell and convert to cash; that is, assets which are illiquid.

A mortgage lender also considers two values for life insurance holders. Cash value is the amount of money the policyholder would receive if he surrendered his/her policy or, alternatively, the amount he/she could borrow against the policy. Face amount is the amount that would be paid in the event of the insured’s death. Mortgage lenders feel most comfortable if the face amount of the policy equals or exceeds the amount of the proposed home loan. Less satisfactory are amounts less than the proposed loan or none at all. Obviously a borrower’s death is not anticipated before the loan is repaid, but lenders recognize that its possibility increases the probability of default. The likelihood of foreclosure is lessened considerably if the survivors receive life insurance benefits.

A lender is interested in the applicants’ existing debts and liabilities for two reasons. First, these items will compete each month against housing expenses for available monthly income. Thus high monthly payments may reduce the size of the loan the lender calculates that the applicants will be able to repay. The presence of monthly liabilities is not all negative: it can also show the mortgage lender that the applicants are capable of repaying their debts. Second, the mortgage applicants’ total debts are subtracted from their total assets to obtain their net worth. If the result is negative (more owed than owned), the mortgage loan request will probably be turned down as too risky. In contrast, a substantial net worth can often offset weaknesses elsewhere in the application, such as too little monthly income in relation to monthly housing expense.

Past Credit Record

Lenders examine the applicants’ past record of debt repayment as an indicator of the future. A credit report that shows no derogatory information is most desirable. Applicants with no previous credit experience will have more weight placed on income and employment history. Applicants with a history of collections, adverse judgments or bankruptcy within the past three years will have to convince the lender that this mortgage loan will be repaid on time. Additionally, the applicants may be considered poorer risks if they have guaranteed the repayment of someone else debt by acting as a co-maker or endorser. Lastly, the lender may take into consideration whether the applicants have adequate insurance protection in the event of major medical expenses or a disability that prevents returning to work.

When a mortgage lender will not provide a loan on a property, one must seek alternative sources of financing or lose the right to purchase the home.

How to Choose Home Furniture: Anticipate the Activities in Each Room

Decorating a room with furniture can seem like an overwhelming task especially for new homes that are almost completely bare. It becomes easier to determine what kind of furniture to add by anticipating the area’s purpose and the activities that will be done in the room.

Is the room a place for entertainment? If so, then large seats such as sectional sofas may be needed if the room is meant to be the hub for all kinds of entertainment – from watching movies, to playing video games or board games, to simply conversing with friends and guests. An ottoman may be also added for extra seating. To complete the room, a side table or coffee table should be placed for cocktail trays and drinks during parties. An entertainment console is essential if you want to entertain guests with all kinds of media. This type of furniture conveniently keeps the television, DVD player, game consoles and stereo system all in one place. Media chests or drawers and cabinets may also be added for a convenient place to store DVDs, video games, TV guides and remotes.

On the other hand, if the room will be used for taking meals, then spare tables would come in handy. To keep the upkeep easy in your home, furniture that balances look and stain-resistance are excellent choices. Nowadays, you can easily find expandable wooden tables that don’t sacrifice look for utility.

If children will be frolicking in the room, then padded or upholstered furniture with no sharp edges can keep them safe. Kid-friendly cabinets and chests will also provide for easy clean up and storage of children’s toys. If this happens to be your child’s room, why not consider under-bed storage to help keep things neat and tidy? Another option is to choose bedding with a pull-out trundle to easily accommodate friends for sleepovers.

To redesign a room as the perfect place to read or study, consider adding various elements that give that cozy feel conducive to relaxed reading time. Reclining chairs, chaises and rugs are only some of these relaxing elements. Don’t forget the bookshelves and the right lampshades that provide ample light.

Planning out the layout of the house depending on the kind of activities expected in each room is one good way to narrow down what to look for before shopping for your home furniture. This way, you can anticipate what pieces to purchase first and avoid overspending on unnecessary furniture. This will work not only for your budget but also for the over-all order of your home. After all, a well planned home is one that guests are sure to remember when they come over.