(*DISCLOSURE* this race took place in a closed course in Nevada) 30ish MPH roll Stock HR 350z Mazdaspeed 3 MODS:- Mazdaspeed cold air intake, Mazdaspeed air filter, CPE hi-flow downpipe exhaust CPE hi-flow catalytic exhaust CPE 3" hi-flow full exhaust w/ muffler TMW short shifter & steel bushings Upgraded no. 3 engine mount Upgraded silicone boost tubes Upgraded silicone recirculation tubes Turbosmart dual-port blow-off valve Electrical grounding kit H&R sport suspension springs (2" lower)
http://www.youtube.com/watch?v=LjP5037LDbU&hl=en
Modded Mazda speed 3 vs Stock HR 350z roll run 1 Saturday, February 12, 2011
New Mortgage Loan Modification Guidelines Have Many Skeptics Wednesday, February 2, 2011
For homeowners looking to make sense of the Obama administrations new Loan Modification Programs, the program can be basically broken down into two sections. One part is for homeowners facing foreclosure due to missed payments and are at risk of defaulting on their loans. For them, the government will give the lender financial incentives to make a loan modification to the existing mortgage (known as a mortgage loan modification), reducing the monthly payments so as homeowner can stay current on the loan and keep their home.
The other part is for homeowners who are keeping up with their mortgage payments but cannot refinance or get a loan modification with their lender because the value of their home has fallen below the amount of the mortgage.
For these "under water" homeowners, the rescue plan will help refinance the mortgage to lower the monthly payments. There are several restrictions, however, so relatively few homeowners in this category will actually qualify. That is the simple explanation. But both plans have a lot of moving parts, so here is what you need to know if you want to take advantage of them.
Mortgage Loan Modification
If you are facing foreclosure and want to do a loan modification to keep your home, you must meet the following criteria:
• Have secured your mortgage before Jan. 1, 2009
• Have a primary mortgage of less than $729,500
• You must live on the property
• Must fully document income with tax returns and pay stubs
• Sign a financial hardship statement
• Go for counseling if your total household debt totals more than 55 percent of income.
If you meet all those qualifications, your lender will then determine how much to lower your monthly payment so it is about 31% of your gross monthly income. The interest rate could be as low as 2%.
Homeowners pay no fees for the mortgage loan modification. However, homeowners could face a balloon payment at the end if your lender reduced your monthly principal payment during the loan modification. So if your lender reduced your total payments $20,000, you could owe that amount when paid off your loan, refinanced or sold your house.
But there is some financial benefit for the homeowner in the plan. For every month a homeowner makes a payment on time, the Treasury will pay an incentive that reduces the principal balance on a loan. Over five years the total principal reduction could add up to $5,000.
There is also a trial period to test the modify mortgage.
Loan Modification Programs get paid by Fannie (Mae) or Freddie (Mac) after three months If the homeowner pays the mortgage on time. Providers of Loan Modification Programs get $1,000 from the government each year for the next three years. If the mortgage is not paid on time in those three months, the deal is over."
And the new loan rate can go up after 5 years. It is only a low in the beginning to help the homeowner dig them out. The plan is in effect until the end of 2012 and can only be used once.
Refinancing Option
If your current on your mortgage but your bank would not let you refinance or get a loan modification because your mortgage is "under water," here is how you qualify for the government refinancing program:
• Your home must be the primary residence
• Your loan must be owned by Fannie Mae or Freddie Mac
• You must have sufficient income to support the new mortgage debt
• You cannot take cash out of the new loan to pay other debt
There is another big restriction, however, that will make many homeowners ineligible for the program: the value of your house cannot have fallen much below the amount of the mortgage.
"The ceiling of eligibility is 105 percent of current market value of the property-so that is not going to help homeowners who have suffered home price declines," says Greg McBride, senior financial analyst at Bankrate.com. "Say you bought a house for $320,000. Your mortgage balance is now $300,000 but the house is now worth only $225,000. You are stuck, you cannot refinance, even if you made your payments on time."
McBride says the loan to value ceiling should be raised. "It should be something in the neighborhood of 150 percent," says McBride. It is too low to help people in Florida, California, Nevada and Arizona. Those markets are at the epicenter of the foreclosure crisis."
Still, if you do qualify, here is what you get:
• Your mortgage will be refinanced to 30 or 15 years with a fixed interest rate.
• The rate will be based on market rates in effect at the time of the refinance and any associated points and fees quoted by the lender
• Interest payments but be reduced but not principal
Plenty of Critics
The Obama Loan Modification Programs says it will help as many as 4 million struggling borrowers accomplish a mortgage loan modification and some 5 million refinance their current loans. But industry experts remain skeptical.
Finally the Obama administration has gotten involved in the refinancing crisis by expanding the guidelines needed for a mortgage loan modification. Without these changes it is questionable if the private lending market would be very effective at all in offering wide spread loan modification. View our recommendation site to modify loan http://www.refinanceitt.com.
Check Out New Focus Electrics B2b Steam Canner High Quality Aluuminum Holds 7 One-Quart Jars Cool-Touch Handle for $52.75
New Focus Electrics B2b Steam Canner High Quality Aluuminum Holds 7 One-Quart Jars Cool-Touch Handle Review
New Focus Electrics B2b Steam Canner High Quality Aluuminum Holds 7 One-Quart Jars Cool-Touch Handle Feature
- B2B Steam Canner.
- Return Period (Days):?30. Manufacturer Warranty: 1 YEAR.
- It uses less water than conventional canners thus reducing preheating time.
- It holds 7 one-quart jars and include rack for easy lifting.
- Cool-touch handles.
New Focus Electrics B2b Steam Canner High Quality Aluuminum Holds 7 One-Quart Jars Cool-Touch Handle Overview
Back to Basics Steam Canner. This high quality aluuminum canner uses less water than conventional canners thus reducing preheating time, holds 7 one-quart jars and include rack for easy lifting, features cool-touch handles.
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*** Product Information and Prices Stored: Feb 02, 2011 06:00:04
Check Out New Maxam Thermo Control 12-Element Deep Skillet With High Dome Cover From Chefs Secret for $59.99 Monday, January 31, 2011
New Maxam Thermo Control 12-Element Deep Skillet With High Dome Cover From Chefs Secret Review
New Maxam Thermo Control 12-Element Deep Skillet With High Dome Cover From Chefs Secret Feature
- Thermo Control 12-Element Deep Skillet with High Dome Cover from Chef's Secret by Maxam.
- Steam Control lid allows minimum moisture cooking for healthier, tastier foods.
- Dishwasher safe.
- Measures 14-1/4¡¯" x 4".
- 15% Restocking fee.
New Maxam Thermo Control 12-Element Deep Skillet With High Dome Cover From Chefs Secret Overview
Features welded and riveted helper handles, surgical stainless steel, rolled edges, and encapsulated bottom.
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*** Product Information and Prices Stored: Jan 31, 2011 18:00:05
Great Price Presto 07211 for $26.89 Wednesday, January 26, 2011
Presto 07211 Liddle Griddle Review
Presto 07211 Liddle Griddle Feature
- Compact electric griddle with 8-1/2-by-10-1/2-inch nonstick cooking surface
- Made of cast aluminum that resists warping and distributes heat evenly
- Automatically maintains temperatures ranging from warm to 400 degrees F
- Built-in channel catches drippings; fully submersible with heat control removed
- Measures 14-3/4 by 10 by 2-1/2 inches; 1-year limited warranty
Presto 07211 Liddle Griddle Overview
8 1/2 x 10 1/2 size. Cast aluminum for heat distribution. DiamondCoat deluxe nonstick finish. Control Master heat control maintains temperature automatically. Built-in grease tray. Cast aluminum. 120v AC 1000 watts
Presto 07211 Liddle Griddle Specifications
Ideal for one person or two, this compact electric griddle with its 8-1/2-by-10-1/2-inch cooking surface cooks four fried eggs or two good-sized steaks. Coated with a slightly textured, durable nonstick finish, the griddle requires very little grease, thereby producing healthier food. For fattier meats like bacon, a built-in channel along one end catches drippings. When the griddle’s heat control is removed, the unit is fully submersible in warm, soapy water. The 1000-watt griddle plugs into any 120-volt outlet and automatically maintains temperatures ranging from warm to 400 degrees Fahrenheit. Made of cast aluminum that resists warping and distributes heat evenly, the griddle measures 14-3/4 by 10 by 2-1/2 inches (the heat-resistant leg-handle units can be unscrewed for even more compact storage), and is covered by a one-year warranty against defects. --Ann Bieri
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*** Product Information and Prices Stored: Jan 26, 2011 05:55:46
Riverside Glamour at Laughlin Wednesday, January 19, 2011
Laughlin is a non-populous place located in Nevada, United States. This is one of the top five destinations of the American recreational vehicles (vehicle where a family lives for their whole life; it is usually referred as the American RV) enthusiasts. This is an unincorporated township that is named after its founder "Don Laughlin", an Owatonna, Minnesota. He is the owner of the Riverside Hotel Resort and Casino.
Riverside Hotel Resort and Casinos has been established in 1966. This was Nevada's first hotel and casino. It is located at the banks of the beautiful Colorado River. This is near the Laughlin's casino strip. Don Laughlin himself and his family operated this resort. They even have an airport shuttle services for their guests. This hotel and casino is a family- friendly resort for their guests. There are lots of activities that they offer here. This can assure the guests that their stay here will be worthwhile.
The hotel features:
o Three casinos
o 34 lane bowling alleys
o Movie theater
o Video arcades
o Classic car museum
o Night club
o Showroom
However, Riverside Hotel Resort and Casino is not a pet- friendly hotel. It has rooms for business - meetings, a business center, and Internet connection - which are very much available in the hotel for business people. Conference rooms are also available. Event catering can be availed for your business gatherings like this. For a relaxing moment after a busy day, go to a salon and get a massage treatment. Outdoor pools, spa tub and a poolside bar can help you calm and relax.
Their guest rooms are located in the two high- rise towers. It offers the view of the city and the river and mountains. Rooms have balconies for splendid scenery.
Riverside Hotel and Casino amenities are all so complete for your daily needs. Aside from the mentioned hotel features, they also have:
o Dry Cleaning services - this is for your clothes so you need not to find for a laundry shop while wanting to extend your vacation.
o Currency Exchange - for you to be able to do business in the place, not worrying about money. You do not need to go to the bank to be able to have your currency exchange.
o Garden - for you to be able to feel the nature in this place
o News stand for news paper readers
o Banquet facilities
o Gift shop and shopping online for you to be able to buy goodies and souvenirs for your love ones left at home
o Children's activities are provided for kids who are with their busy parents. Your kids would not feel bored in this place because of these activities.
o Wheelchair Accessible - this place is a friendly place for person with disabilities. They can be safe in this place because the hotel follows the accessibility law for persons with disability.
For those who are fond of food, they have great restaurants and coffee shops and cafés. These places are giving live entertainment so you will surely enjoy your dining experience. The hotel offers river fun activities like a cruise on the USS Riverside and watercraft adventures.
The above- mentioned things are more appreciated if you come and visit the area, with Laughlin's tourist attractions. These area attractions are great things to visit when you are in Laughlin. These area attractions are:
o Colorado River
o Laughlin Events Park
o Horizon Outlet Mall
o Davis Dam/Lake Mohave
o Katherine Landing (Marina)
o Grapevine Canyon (Petroglyphs)
All of these places can bring wonders not only for first- comers but for regular visitors as well. You can actually tour the whole Laughlin while staying in this hotel because their recreational activities includes excursion on a boat having an open deck and local helicopter tours.
Action in Laughlin would not stop even a single minute because they offer gaming actions and entertainment 24 hours a day. This place offers an amazing and relaxing town atmosphere for everyone.
For more information on Riverside Hotel Laughlin [http://www.laughlinhotels.biz/riversidehotellaughlin.php] and Flamingo Hotel Laughlin [http://www.laughlinhotels.biz/flamingohotellaughlin.php] please visit our website.
Repossession - The Facts on Mobile Home Repossession Monday, January 17, 2011
Often in life, we get a curve thrown at us and the end result is possible repossession of our mobile home. It is important to understand how this works. First thing to understand, how did you finance the mobile home, was it a personal loan or an actual mortgage. Each one is handled differently than the other depending if you were renting a lot or you owned the lot where the mobile home is located.
The first type of loan is when you rent a lot, it is a personal property loan on the unit. The second type of loan is when you own the lot, it is a mortgage tied into the land the home is situated on. With both types of loan options, the mobile home repossession will follow the same basic steps once the loan payments get behind and go into default. The mortgage loan will require pre-foreclosure and foreclosure whereas a personal property loan can result in a mobile home repossession, It is the same as repossessing a car or personal property like a washing machine. There can be extenuating circumstances, it depends upon your state.
Repossession of a mobile home is standard for most states but needs to verified with an attorney before you do anything that can affect you legally. After you have checked with an attorney the following could happen and is good information to have.
1. When the mobile is repossessed, generally the lender will sell it at a public auction. Because you are the loan holder, you will have to make up the difference between the loan amount and the sales price. Often, you can be charged for the repossession fee and legal fees involved. Often the resale value is lower than the loan due to poor resale value of a mobile home. It is not easy to stop a repossession, but to have any chance of doing so, you must take immediate action by hiring an attorney.
2. You could also get hit for the costs of cleaning the unit, any repairs and costs of the auctioneer.
3. Filing for bankruptcy can sometimes help prevent the repossession if you are dealing with an experienced Bankruptcy Attorney who knows the law. You will still be required to pay for it but it could be dealt with like in a Chapter 13 Bankruptcy where you make scheduled payments dictated by the courts.
4. There are times when anyone with their name on the title could be ordered to pay for the deficiency. The lender could also garnish your wages. This is why you need to consult with an experienced attorney to help you out of the situation.
5. If it is located in a rental trailer park, the landlord can have the unit removed for failure to pay the lot fee. The person on the title is responsible for all moving fees.
In conclusion, whether you own the land or rent the lot, if you do not make payments, it will be repossessed. How it is handled should be in the hands of an experienced attorney. If you file bankruptcy, you could possibly keep the mobile home if the Bankruptcy is handled by an experienced attorney for this type of legal matter. It depends upon the laws in the State of residence governing mobile homes and repossessions. For further information about the your rights and about your state's specific repossession requirements, contact your state consumer protection agency or hire an attorney.
To learn more about your money and credit tips, visit our website at http://www.themoneydoctor23.com or http://www.debt23.com
Ron Lovell is available as a professional speaker to help educate your community or group function on the effects of Financial Stability.
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