Filed under: Estates
A home in London where JM Barrie is believed to have written Peter Pan is now up for sale. The six-bedroom home in South Kensington is where Barrie met the Llewelyn Davies boys who inspired the story (as dramatized in the movie Finding Neverland). The home is a classic Victorian with two living and pleasing rooms, a dining/breakfast room, balconies and a private garden as well as access to communal gardens. It definitely seems to be in need of a gentle restoration but it’s still a magical home. It is listed at
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Posted by: in Your Business
As I mentioned several months ago, the sub-prime mortgage problems are fall over into home equity loans because the market value of houses is dropping. I got some negative comments from folks who didn’t think that would happen. Well, according to an article in today’s WSJ on page D1, the lenders do keep track. Home equity lenders are sending letters out to borrowers whose credit scores have dropped. One of the reason a credit score might drop is that the value of the pledged asset, house, on a mortgage has dropped.
If you’ve all you ducks in a row a home equity loan can be a real fine deal. Interest rates are dropping for this type of loan. If however you are using the home equity loan as financing of last resort, you’re in a high risk situation.
Lenders are not only slicing back on the line of credit associated with home equity loans, they are asking borrowers to pay down the loans. If you have to sell stock to cover these loans, that could be an issue in this down market.
Bottom line, talk to you lender if you’re relying on a home equity loan for something vital, like financing business inventory.
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Filed under: Estates
Luxury condos in one of the most anticipated buildings in the U.S. went on sale this week. CBS2 in Chicago reports that the sales office for the Chicago Spire is now open. The sales office is as posh as the condos themselves with designs created by the architect of the Spire, Santiago Calatrava. Residences at the 2,000-foot-tall Spire are price from $750,000 to $15 million each. I had my doubts about the building when I first heard about it in 2005 but was soundly rebuked by commenters who insisted that this building is exactly what Chicago needs. Despite the sky-high prices and a sluggish real estate market, it is expected that the Spire will sell, not just to people in Chicago, but to people around the world who are eager to live in a Calatrava building. Those who buy are in for a long wait, move in isn’t expected until 2012.
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Filed under: Estates
A million dollars may purchase you a sizable place in the U.S. but abroad you would have to settle for something a bit smaller. In Paris, $1 million will get you a historical apartment of 615 square feet. In other countries it will buy you a high-rise apartment with two beds and one bath — if you’re lucky. Peruse the fabulous pictures and see what a million could do for your living conditions. Unfortunately there wasn’t an example in Antartica — guess we’ll just have to leave that icy estate to our imaginations.
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Featured this week is the Mandylion Password Manager. This military-grade password manager has been tested in 3 warfare environments. Of course, this is probably nothing compared to cubicle warfare. It’s a handy little device that generates, collects, and protects your passwords.
Features include the following:
- Manages up to 50 login records simultaneously
- Generates cryptographically strong passwords
- Complies with all DoD, Govt. & Industry Password Security Policies
- Multiple tamper-resistant features and lockout alarms
- Manages Root and Group passwords
- Cradle connection via USB
- Kit containing: token, a configuration cradle, Policy Master Configuration Software (Windows only)
- Device and software not Mac compatible (sorry)
- Dimensions: Approx. 2.5″ x 1.5″ x .375″ (65mm x 45mm x 10mm)
- Takes a CR2032 battery (replaceable)
- One-year warranty
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