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Vanessa Leannon Vanessa_Leannon
Category: Photography - in Blogs
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Bob Mccullough bobm
How the National Media Messed Up the Mavs Predictions
by Bob McCullough 6/14/24
Go into the recent archives of any major sports site, and you'll find a lot of names who should be embarrassed about their predictions for the Mavs-Celtics series. And they're not just the names of those who happened to cover the Mavs.
The prediction split was close to 50/50. Maybe 60/40 in favor of the C's, which felt reasonable going into the Finals. Now it seems a little ridiculous.
So what went wrong? Let's take a closer look at why the national media especially fell for the Dallas storyline, for it embodies a lot of what's wrong with sportswriting today and NBA coverage in particular.
**** Mavs Story Lines
This one's at the top of the list. Writers love superstars, and the NBA's entire culture is built around them. The old ebony/ivory combination of Kyrie Irving and Luka Doncic was irresistable as a result, especially given the story lines.
Start with Irving, a fascinating wack job who's been shooting his career in the foot for a long time now. After getting in trouble for spewing anti-Semitic nonsense, breaking up teams, getting coaches fired and conveniently missing games due to his anti-vax rhetoric, Irving somehow managed to resurrect his career and transform himself into a supposedly responsible NBA elder in Dallas. It's the ultimate redemption storyline.
If you really believe that I have deeds to several bridges I can sell you, but in a basketball context Doncic may be even worse, which hardly seems possible. He's the most offensively gifted player of his generation, and yet, to use the words of Bob Cousy, he "looks like a truck driver."
Which is Cooz-speak for Luka being fat and out of shape, especially for a professional athlete, and the Celtics have relentlessly exploited that flaw. Add in the fact that he goes after the refs on EVERY play, and he's pretty sickening to watch, even with his incredibly skill set. That doesn't stop the writers from relentlessly loving the highlight plays; that's what they do.
J's Fatigue
This one's right up there, too. NBA writers especially are sick of writing the same old rivalry stories about Jason Tatum and Jaylen Brown, i.e., who's better, who gets paid more, who cares more about winning vs endorsements and brand, and so on.
Not surprisingly, the rest of us are just as sick of reading them. Even more so now that' they've become largely irrelevant. Whatever their differences were--and there likely were differences, rest assured--they've worked them out to get to within a game of their first title.
** hum.
What Matters About the Mavs Previous Opponents
This one hasn't been explored as much, but it's relevant. National writers especially saw three glamour teams in the Clippers, the Thunder and the Wolves, which wasn't exactly the case.
Start with the Clippers. They were always a shell of a team with lots of older star power--Kahwi, Paul George, the artist formerly known as Westbrick. Without a healthy Leonard, however, that formula was yesterday's news, as the Mavs quickly proved. Simply put, it was a hidden mismatch.
On to the Thunder. This one's slightly more interesting. OKC surprised everyone with a first-round sweep over a New Orleans shell team supposedly "led" by the ever injured and absent Zion Williamson, which led to the assumption that they were ahead of the curve when it came to being playoff ready.
Dallas exposed them as a bit of a donut team without enough secondary scoring after SGA, giving Sam Presti a solid blueprint for what he needs to fix going forward. The Thunder are one of the few teams where "watch out for them next year" carries a lot of weight.
Lastly, the Timberwolves, who have one of the most oddly mismatched rosters in recent memory. They were perfectly constructed to stop the Nuggets, however, with two seven-footers available to get Nicola Jokic off his game. Against the Mavs, though, young Anthony Edwards was exposed as far from Finals-ready, and KAT came off once again as a seven foot scorer who sometimes plays at 6'6" under pressure.
What Now For the Mavs?
This one's simple, at least on paper--get Luka in shape, and convince him to play a nominal amount of defense. According to reports, though, Dallas has been trying to get him to do this for years, so that's where the "on paper" part comes in.
They also need him to grow up. Luka's referee theater routine grew thin when he was exposed to a team with two All-Defense defenders, and at least two more who should be considered for that roster. Whining about fouls is fine when you have inferior defenders, but it doesn't hold water when athletes like Jaylen Brown and Jrue Holiday are in your grill taking options away.
Finally, the Mavs need a third scorer. Badly. They got by with guys like PJ Washington and Derrick Jones this year, but bargain basement options like that almost always wilt like March daffodils when the playoffs roll around in April, May and June. The future's still bright in Cuban Land, but it's going to take some serious attitude and personnel adjustments to get Luka, Kyrie and company over the top.
<br />
<br />
How the National Media Messed Up the Mavs Predictions<br />
by Bob McCullough 6/14/24<br />
<br />
<br />
<br />
<br />
<br />
<br />
Go into the recent archives of any major sports site, and you'll find a lot of names who should be embarrassed about their predictions for the Mavs-Celtics series. And they're not just the names of those who happened to cover the Mavs. <br />
<br />
<br />
The prediction split was close to 50/50. Maybe 60/40 in favor of the C's, which felt reasonable going into the Finals. Now it seems a little ridiculous. <br />
<br />
<br />
So what went wrong? Let's take a closer look at why the national media especially fell for the Dallas storyline, for it embodies a lot of what's wrong with sportswriting today and NBA coverage in particular. <br />
<br />
<br />
**** Mavs Story Lines<br />
<br />
<br />
This one's at the top of the list. Writers love superstars, and the NBA's entire culture is built around them. The old ebony/ivory combination of Kyrie Irving and Luka Doncic was irresistable as a result, especially given the story lines. <br />
<br />
<br />
Start with Irving, a fascinating wack job who's been shooting his career in the foot for a long time now. After getting in trouble for spewing anti-Semitic nonsense, breaking up teams, getting coaches fired and conveniently missing games due to his anti-vax rhetoric, Irving somehow managed to resurrect his career and transform himself into a supposedly responsible NBA elder in Dallas. It's the ultimate redemption storyline. <br />
<br />
<br />
If you really believe that I have deeds to several bridges I can sell you, but in a basketball context Doncic may be even worse, which hardly seems possible. He's the most offensively gifted player of his generation, and yet, to use the words of Bob Cousy, he "looks like a truck driver." <br />
<br />
<br />
Which is Cooz-speak for Luka being fat and out of shape, especially for a professional athlete, and the Celtics have relentlessly exploited that flaw. Add in the fact that he goes after the refs on EVERY play, and he's pretty sickening to watch, even with his incredibly skill set. That doesn't stop the writers from relentlessly loving the highlight plays; that's what they do. <br />
<br />
<br />
J's Fatigue<br />
<br />
<br />
This one's right up there, too. NBA writers especially are sick of writing the same old rivalry stories about Jason Tatum and Jaylen Brown, i.e., who's better, who gets paid more, who cares more about winning vs endorsements and brand, and so on. <br />
<br />
<br />
Not surprisingly, the rest of us are just as sick of reading them. Even more so now that' they've become largely irrelevant. Whatever their differences were--and there likely were differences, rest assured--they've worked them out to get to within a game of their first title. <br />
<br />
<br />
** hum. <br />
<br />
<br />
What Matters About the Mavs Previous Opponents<br />
<br />
<br />
This one hasn't been explored as much, but it's relevant. National writers especially saw three glamour teams in the Clippers, the Thunder and the Wolves, which wasn't exactly the case. <br />
<br />
<br />
Start with the Clippers. They were always a shell of a team with lots of older star power--Kahwi, Paul George, the artist formerly known as Westbrick. Without a healthy Leonard, however, that formula was yesterday's news, as the Mavs quickly proved. Simply put, it was a hidden mismatch. <br />
<br />
<br />
On to the Thunder. This one's slightly more interesting. OKC surprised everyone with a first-round sweep over a New Orleans shell team supposedly "led" by the ever injured and absent Zion Williamson, which led to the assumption that they were ahead of the curve when it came to being playoff ready. <br />
<br />
<br />
Dallas exposed them as a bit of a donut team without enough secondary scoring after SGA, giving Sam Presti a solid blueprint for what he needs to fix going forward. The Thunder are one of the few teams where "watch out for them next year" carries a lot of weight. <br />
<br />
<br />
Lastly, the Timberwolves, who have one of the most oddly mismatched rosters in recent memory. They were perfectly constructed to stop the Nuggets, however, with two seven-footers available to get Nicola Jokic off his game. Against the Mavs, though, young Anthony Edwards was exposed as far from Finals-ready, and KAT came off once again as a seven foot scorer who sometimes plays at 6'6" under pressure. <br />
<br />
<br />
What Now For the Mavs? <br />
<br />
<br />
This one's simple, at least on paper--get Luka in shape, and convince him to play a nominal amount of defense. According to reports, though, Dallas has been trying to get him to do this for years, so that's where the "on paper" part comes in. <br />
<br />
<br />
They also need him to grow up. Luka's referee theater routine grew thin when he was exposed to a team with two All-Defense defenders, and at least two more who should be considered for that roster. Whining about fouls is fine when you have inferior defenders, but it doesn't hold water when athletes like Jaylen Brown and Jrue Holiday are in your grill taking options away. <br />
<br />
<br />
Finally, the Mavs need a third scorer. Badly. They got by with guys like PJ Washington and Derrick Jones this year, but bargain basement options like that almost always wilt like March daffodils when the playoffs roll around in April, May and June. The future's still bright in Cuban Land, but it's going to take some serious attitude and personnel adjustments to get Luka, Kyrie and company over the top.
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Alkuansinta Rohman alkocoko
Indonesia is home to hundreds of volcanic craters, but few can match the extraordinary beauty and unique phenomena of Ijen Crater. Located in East Java, this remarkable geological wonder stands out as one of the largest and most captivating volcanic craters in the archipelago, drawing visitors from around the world with its stunning natural spectacle.
A Breathtaking Natural Panorama
Ijen Crater offers visitors an unforgettable visual experience with its mesmerizing turquoise-colored acidic lake. From the rim of the crater, travelers can witness the striking contrast between the brilliant blue waters and the surrounding volcanic landscape. The panoramic views from the crater's edge provide countless opportunities for photography, making it a favorite destination for nature photographers and adventure enthusiasts alike.
The Famous Tree Viewpoint
One of the most iconic spots at Ijen Crater is the famous tree viewpoint located at the mountain's summit. This particular vantage point has gained significant popularity on social media platforms, where visitors capture stunning photographs with the solitary tree framing the crater's magnificent backdrop. The silhouette of this tree against the volcanic scenery has become a signature image representing the beauty of Ijen Crater.
The Rare Blue Fire Phenomenon
What truly sets Ijen Crater apart from other volcanic destinations worldwide is its extraordinary blue fire phenomenon. This rare natural occurrence can only be witnessed in two locations globally, making Ijen Crater an exceptionally unique destination. The blue flames are created by the combustion of sulfuric gases that emerge from the crater at extremely high temperatures.
This spectacular phenomenon is exclusively visible during nighttime hours, as the blue flames are too faint to be seen during daylight. Visitors who wish to witness this natural wonder must embark on a challenging pre-dawn hike to reach the crater rim before sunrise. The ethereal blue glow dancing across the crater floor creates an otherworldly atmosphere that leaves observers in awe.
A Must-Visit Destination
Ijen Crater represents one of Indonesia's most remarkable natural treasures, combining stunning visual beauty with rare geological phenomena. Whether you're drawn by the spectacular crater views, the famous tree photography spot, or the once-in-a-lifetime blue fire experience, Ijen Crater offers an adventure that will create lasting memories.
For those seeking an extraordinary natural spectacle that showcases the raw power and beauty of Indonesia's volcanic landscape, Ijen Crater stands as an unmissable destination that perfectly embodies the country's diverse and magnificent natural heritage.
A Breathtaking Natural Panorama
Ijen Crater offers visitors an unforgettable visual experience with its mesmerizing turquoise-colored acidic lake. From the rim of the crater, travelers can witness the striking contrast between the brilliant blue waters and the surrounding volcanic landscape. The panoramic views from the crater's edge provide countless opportunities for photography, making it a favorite destination for nature photographers and adventure enthusiasts alike.
The Famous Tree Viewpoint
One of the most iconic spots at Ijen Crater is the famous tree viewpoint located at the mountain's summit. This particular vantage point has gained significant popularity on social media platforms, where visitors capture stunning photographs with the solitary tree framing the crater's magnificent backdrop. The silhouette of this tree against the volcanic scenery has become a signature image representing the beauty of Ijen Crater.
The Rare Blue Fire Phenomenon
What truly sets Ijen Crater apart from other volcanic destinations worldwide is its extraordinary blue fire phenomenon. This rare natural occurrence can only be witnessed in two locations globally, making Ijen Crater an exceptionally unique destination. The blue flames are created by the combustion of sulfuric gases that emerge from the crater at extremely high temperatures.
This spectacular phenomenon is exclusively visible during nighttime hours, as the blue flames are too faint to be seen during daylight. Visitors who wish to witness this natural wonder must embark on a challenging pre-dawn hike to reach the crater rim before sunrise. The ethereal blue glow dancing across the crater floor creates an otherworldly atmosphere that leaves observers in awe.
A Must-Visit Destination
Ijen Crater represents one of Indonesia's most remarkable natural treasures, combining stunning visual beauty with rare geological phenomena. Whether you're drawn by the spectacular crater views, the famous tree photography spot, or the once-in-a-lifetime blue fire experience, Ijen Crater offers an adventure that will create lasting memories.
For those seeking an extraordinary natural spectacle that showcases the raw power and beauty of Indonesia's volcanic landscape, Ijen Crater stands as an unmissable destination that perfectly embodies the country's diverse and magnificent natural heritage.
Indonesia is home to hundreds of volcanic craters, but few can match the extraordinary beauty and unique phenomena of Ijen Crater. Located in East Java, this remarkable geological wonder stands out as one of the largest and most captivating volcanic craters in the archipelago, drawing visitors from around the world with its stunning natural spectacle.<br /> <br /><br />A Breathtaking Natural Panorama<br /><br />Ijen Crater offers visitors an unforgettable visual experience with its mesmerizing turquoise-colored acidic lake. From the rim of the crater, travelers can witness the striking contrast between the brilliant blue waters and the surrounding volcanic landscape. The panoramic views from the crater's edge provide countless opportunities for photography, making it a favorite destination for nature photographers and adventure enthusiasts alike.<br /><br /><br />The Famous Tree Viewpoint<br /><br />One of the most iconic spots at Ijen Crater is the famous tree viewpoint located at the mountain's summit. This particular vantage point has gained significant popularity on social media platforms, where visitors capture stunning photographs with the solitary tree framing the crater's magnificent backdrop. The silhouette of this tree against the volcanic scenery has become a signature image representing the beauty of Ijen Crater.<br /><br /><br />The Rare Blue Fire Phenomenon<br /><br />What truly sets Ijen Crater apart from other volcanic destinations worldwide is its extraordinary blue fire phenomenon. This rare natural occurrence can only be witnessed in two locations globally, making Ijen Crater an exceptionally unique destination. The blue flames are created by the combustion of sulfuric gases that emerge from the crater at extremely high temperatures.<br />This spectacular phenomenon is exclusively visible during nighttime hours, as the blue flames are too faint to be seen during daylight. Visitors who wish to witness this natural wonder must embark on a challenging pre-dawn hike to reach the crater rim before sunrise. The ethereal blue glow dancing across the crater floor creates an otherworldly atmosphere that leaves observers in awe.<br /><br /><br />A Must-Visit Destination<br /><br />Ijen Crater represents one of Indonesia's most remarkable natural treasures, combining stunning visual beauty with rare geological phenomena. Whether you're drawn by the spectacular crater views, the famous tree photography spot, or the once-in-a-lifetime blue fire experience, Ijen Crater offers an adventure that will create lasting memories.<br /><br /><br />For those seeking an extraordinary natural spectacle that showcases the raw power and beauty of Indonesia's volcanic landscape, Ijen Crater stands as an unmissable destination that perfectly embodies the country's diverse and magnificent natural heritage.
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Aric Feeney Aric_Feeney
Category: Photography - in Blogs
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<span style='display:none' class='DO NOT REMOVE - THIS CATEGORY CODE WILL BE HIDDEN - IT IS NEEDED TO BE FOUND BY CATEGORY AND ONE-CLICK SEARCH'>Category: Photography - in Blogs</span>
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Millie Zemlak Millie_Zemlak
(NewsUSA) - More businesses and countries worldwide are embracing digital payments as a way to make e-commerce more efficient and create a smoother transaction experience for consumers.
Digital wallets, such as uBUCK, offer a dollar-backed stable token built on Waves blockchain technology, one of the fastest blockchains available. uBUCK's technology allows for the management of both digital and traditional currency, and both online and offline purchasing power.
"Piloted by an all-star management team, uBUCK is looking beyond carving out a niche to become a disruptive player in this ever-changing payments industry," according to the company's website.
The uBUCK digital wallet allows for instant transfers of funds, and unlike some digital wallets, uBUCK is not limited to the United States. Transfers can occur globally, with no transfer fees and no cost to the end user.
The elimination of transfer fees is one of uBUCK's strongest selling points, as it is an option for those who don't have traditional bank accounts, such as migrant workers looking to send money home, or for anyone else, such as parents sending money to kids at college who want to avoid the additional fees associated with some financial transfers.
Users of uBUCK can transfer funds, make online purchases, or withdraw cash at an ATM, although reports on digital wallet use suggest that the expanded technology may ultimately replace the need for bank branches and ATMs.
Sending money with uBUCK is a simple, four-step process:
* Buy the voucher. Users download the uBUCK app and purchase a voucher.
* Buy uBUCK cash. Users redeem a PIN to purchase uBUCK cash.
* Select recipient. Users without a uBUCK account will be invited to the app via email.
* Send payment. Users can then enter the payment amount, send, and confirm.
"Our mission is to put honesty, transparency, and trust back into software," according to Ashik Karim, CEO of LiteLink Technologies, the parent company of uBUCK Technologies. LiteLink was recently featured in a Forbes magazine article, "10 Blockchain Companies to Watch in 2019."
LiteLink is publicly traded on the Canadian Securities Exchange and OTC Markets. Their symbols are CSE:LLT and OTC:LLNKF.
Ref: Electronics - in Blogs
Digital wallets, such as uBUCK, offer a dollar-backed stable token built on Waves blockchain technology, one of the fastest blockchains available. uBUCK's technology allows for the management of both digital and traditional currency, and both online and offline purchasing power.
"Piloted by an all-star management team, uBUCK is looking beyond carving out a niche to become a disruptive player in this ever-changing payments industry," according to the company's website.
The uBUCK digital wallet allows for instant transfers of funds, and unlike some digital wallets, uBUCK is not limited to the United States. Transfers can occur globally, with no transfer fees and no cost to the end user.
The elimination of transfer fees is one of uBUCK's strongest selling points, as it is an option for those who don't have traditional bank accounts, such as migrant workers looking to send money home, or for anyone else, such as parents sending money to kids at college who want to avoid the additional fees associated with some financial transfers.
Users of uBUCK can transfer funds, make online purchases, or withdraw cash at an ATM, although reports on digital wallet use suggest that the expanded technology may ultimately replace the need for bank branches and ATMs.
Sending money with uBUCK is a simple, four-step process:
* Buy the voucher. Users download the uBUCK app and purchase a voucher.
* Buy uBUCK cash. Users redeem a PIN to purchase uBUCK cash.
* Select recipient. Users without a uBUCK account will be invited to the app via email.
* Send payment. Users can then enter the payment amount, send, and confirm.
"Our mission is to put honesty, transparency, and trust back into software," according to Ashik Karim, CEO of LiteLink Technologies, the parent company of uBUCK Technologies. LiteLink was recently featured in a Forbes magazine article, "10 Blockchain Companies to Watch in 2019."
LiteLink is publicly traded on the Canadian Securities Exchange and OTC Markets. Their symbols are CSE:LLT and OTC:LLNKF.
Ref: Electronics - in Blogs
(NewsUSA) - More businesses and countries worldwide are embracing digital payments as a way to make e-commerce more efficient and create a smoother transaction experience for consumers.<br />
<br />
Digital wallets, such as uBUCK, offer a dollar-backed stable token built on Waves blockchain technology, one of the fastest blockchains available. uBUCK's technology allows for the management of both digital and traditional currency, and both online and offline purchasing power.<br />
<br />
"Piloted by an all-star management team, uBUCK is looking beyond carving out a niche to become a disruptive player in this ever-changing payments industry," according to the company's website.<br />
<br />
The uBUCK digital wallet allows for instant transfers of funds, and unlike some digital wallets, uBUCK is not limited to the United States. Transfers can occur globally, with no transfer fees and no cost to the end user.<br />
<br />
The elimination of transfer fees is one of uBUCK's strongest selling points, as it is an option for those who don't have traditional bank accounts, such as migrant workers looking to send money home, or for anyone else, such as parents sending money to kids at college who want to avoid the additional fees associated with some financial transfers.<br />
<br />
Users of uBUCK can transfer funds, make online purchases, or withdraw cash at an ATM, although reports on digital wallet use suggest that the expanded technology may ultimately replace the need for bank branches and ATMs.<br />
<br />
Sending money with uBUCK is a simple, four-step process:<br />
<br />
* Buy the voucher. Users download the uBUCK app and purchase a voucher.<br />
<br />
* Buy uBUCK cash. Users redeem a PIN to purchase uBUCK cash.<br />
<br />
* Select recipient. Users without a uBUCK account will be invited to the app via email.<br />
<br />
* Send payment. Users can then enter the payment amount, send, and confirm.<br />
<br />
"Our mission is to put honesty, transparency, and trust back into software," according to Ashik Karim, CEO of LiteLink Technologies, the parent company of uBUCK Technologies. LiteLink was recently featured in a Forbes magazine article, "10 Blockchain Companies to Watch in 2019."<br />
<br />
LiteLink is publicly traded on the Canadian Securities Exchange and OTC Markets. Their symbols are CSE:LLT and OTC:LLNKF.<br />
<br />
Ref: Electronics - in Blogs
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Millie Zemlak Millie_Zemlak
(NewsUSA) - Owning a home is a huge investment, and once they've owned long enough to build up equity, many homeowners opt to leverage the equity for other uses. But if you're on the fence about taking on another monthly loan payment, an option that may be right for you is co-investing.
With a home equity loan, you borrow against the equity in your home and receive a lump sum of money that you have to pay back each month over a specified term - commonly 15 years. The interest rate is usually fixed, but is typically higher than your primary mortgage.
Co-investing offers an alternative to traditional home equity loans. In a nutshell, the co-investing company pays the homeowner an upfront amount, with no repayments for a set number of years, or until the home is sold, whichever comes first. There may also be an option to buy the company out, after a minimum restriction period passes. This option can be ideal for a homeowner who wants access to cash without the added financial burden of monthly loan payments, who has lived in a home long enough to build up some equity, and plans to stay at least another five years.
Unison, a San-Francisco-based real estate company, is a leader in the growing field of co-investment. Unison offers homeowners a cash payment of up to 17.5 percent of their home's current market value. When the house is sold or 30 years pass, the owner pays Unison an amount equal to the initial co-investment, plus (or minus) a percentage of the home's appreciated (or depreciated) value.
Here's an example: A homeowner whose home is currently worth $500,000 and who needed $25,000 in cash (5 percent of the home's value) would repay an amount equal to $25,000 plus 25 percent* of the amount the house appreciates in value during the time of the co-investment. With a larger co-investment, the company receives a larger share of the appreciation in value.
Homeowners can use their cash for anything, but Unison recommends something of long-term value, such as kids' college tuition, medical expenses, home remodeling, or investing in diverse stocks and bonds.
Other benefits of co-investing: Keeping gains from remodeling work and keeping the equity built from prompt mortgage payments.
Being a good candidate for homeowner co-investing is not so different from being a good homeowner generally. Unison requires that homeowners keep the home as their primary residence; stay current on payments for mortgages, property tax, and homeowners' insurance; keep the home well-maintained to retain and increase value; and keep Unison informed of issues, such as remodeling plans or emergencies, such as natural disasters, bankruptcy, or plans to sell the home.
To find out how Unison can help you get the most out of homeownership, visit unison.com.
*This is a possible percentage for illustrative purposes. The actual percentage varies based on the specific HomeOwner transaction.
Ref: Housework - in Blogs
With a home equity loan, you borrow against the equity in your home and receive a lump sum of money that you have to pay back each month over a specified term - commonly 15 years. The interest rate is usually fixed, but is typically higher than your primary mortgage.
Co-investing offers an alternative to traditional home equity loans. In a nutshell, the co-investing company pays the homeowner an upfront amount, with no repayments for a set number of years, or until the home is sold, whichever comes first. There may also be an option to buy the company out, after a minimum restriction period passes. This option can be ideal for a homeowner who wants access to cash without the added financial burden of monthly loan payments, who has lived in a home long enough to build up some equity, and plans to stay at least another five years.
Unison, a San-Francisco-based real estate company, is a leader in the growing field of co-investment. Unison offers homeowners a cash payment of up to 17.5 percent of their home's current market value. When the house is sold or 30 years pass, the owner pays Unison an amount equal to the initial co-investment, plus (or minus) a percentage of the home's appreciated (or depreciated) value.
Here's an example: A homeowner whose home is currently worth $500,000 and who needed $25,000 in cash (5 percent of the home's value) would repay an amount equal to $25,000 plus 25 percent* of the amount the house appreciates in value during the time of the co-investment. With a larger co-investment, the company receives a larger share of the appreciation in value.
Homeowners can use their cash for anything, but Unison recommends something of long-term value, such as kids' college tuition, medical expenses, home remodeling, or investing in diverse stocks and bonds.
Other benefits of co-investing: Keeping gains from remodeling work and keeping the equity built from prompt mortgage payments.
Being a good candidate for homeowner co-investing is not so different from being a good homeowner generally. Unison requires that homeowners keep the home as their primary residence; stay current on payments for mortgages, property tax, and homeowners' insurance; keep the home well-maintained to retain and increase value; and keep Unison informed of issues, such as remodeling plans or emergencies, such as natural disasters, bankruptcy, or plans to sell the home.
To find out how Unison can help you get the most out of homeownership, visit unison.com.
*This is a possible percentage for illustrative purposes. The actual percentage varies based on the specific HomeOwner transaction.
Ref: Housework - in Blogs
(NewsUSA) - Owning a home is a huge investment, and once they've owned long enough to build up equity, many homeowners opt to leverage the equity for other uses. But if you're on the fence about taking on another monthly loan payment, an option that may be right for you is co-investing.<br />
<br />
With a home equity loan, you borrow against the equity in your home and receive a lump sum of money that you have to pay back each month over a specified term - commonly 15 years. The interest rate is usually fixed, but is typically higher than your primary mortgage.<br />
<br />
Co-investing offers an alternative to traditional home equity loans. In a nutshell, the co-investing company pays the homeowner an upfront amount, with no repayments for a set number of years, or until the home is sold, whichever comes first. There may also be an option to buy the company out, after a minimum restriction period passes. This option can be ideal for a homeowner who wants access to cash without the added financial burden of monthly loan payments, who has lived in a home long enough to build up some equity, and plans to stay at least another five years.<br />
<br />
Unison, a San-Francisco-based real estate company, is a leader in the growing field of co-investment. Unison offers homeowners a cash payment of up to 17.5 percent of their home's current market value. When the house is sold or 30 years pass, the owner pays Unison an amount equal to the initial co-investment, plus (or minus) a percentage of the home's appreciated (or depreciated) value.<br />
<br />
Here's an example: A homeowner whose home is currently worth $500,000 and who needed $25,000 in cash (5 percent of the home's value) would repay an amount equal to $25,000 plus 25 percent* of the amount the house appreciates in value during the time of the co-investment. With a larger co-investment, the company receives a larger share of the appreciation in value.<br />
<br />
Homeowners can use their cash for anything, but Unison recommends something of long-term value, such as kids' college tuition, medical expenses, home remodeling, or investing in diverse stocks and bonds.<br />
<br />
Other benefits of co-investing: Keeping gains from remodeling work and keeping the equity built from prompt mortgage payments.<br />
<br />
Being a good candidate for homeowner co-investing is not so different from being a good homeowner generally. Unison requires that homeowners keep the home as their primary residence; stay current on payments for mortgages, property tax, and homeowners' insurance; keep the home well-maintained to retain and increase value; and keep Unison informed of issues, such as remodeling plans or emergencies, such as natural disasters, bankruptcy, or plans to sell the home.<br />
<br />
To find out how Unison can help you get the most out of homeownership, visit unison.com.<br />
<br />
*This is a possible percentage for illustrative purposes. The actual percentage varies based on the specific HomeOwner transaction.<br />
<br />
Ref: Housework - in Blogs
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Rebecca Ebert Rebecca_Ebert
Ref: Art - in Audio Podcasts
<center><button onmouseup="tospecinit();" data-toggle="modal" data-target="#allpostaudioModal" class="btn btn-default allpostaudio-button" style="width: 130px !important;margin-bottom:25px;font-weight:bold"><i class="fa fa-play" style="margin-right:7px;color:#777"></i>Play Audio</button><input class="allpostaudio-url" style="display:none!important" value="https://stallios.com/podcasts/stinger-podcast.ogg"> </center> <br />
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Ref: Art - in Audio Podcasts
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