Tag Archives: Australia

Trouble-free property sales, purchases and commercial property management in Brisbane

The most important, and most expensive, purchase most of us make during our lifetime is our home – whether it’s a modern city apartment, a pretty suburban house or a heritage home somewhere in a rural area of surpassing beauty. Those in the know have been known to state that the third most stressful activity for us humans after death and divorce is buying or selling a residential property. It’s not just the paperwork, the search for the right home or the right buyer and the stress of the move itself, it’s because, if we’re buying, it has to be perfect and, if we’re selling, we’re letting go of a part of ourselves.

Everyone’s heard the best-known buzzwords in the real estate sector by now – location, location, location! It’s only too true, and only too tricky to get right without professional help. If local authority planning offices aren’t checked carefully, that magnificent view over green acres can turn into the latest version of condo-land or a factory estate almost overnight. Establishing correct land titles and other legal nightmares aren’t for amateurs, and a brand new paint job inside and outside doesn’t mean the foundations are safe!

Over the years, estate agents in general haven’t had a good press, perhaps unfairly in a good few cases. Many real estate agents are long-established family businesses now being run by the adult children of their founders, and know the community and its housing and commercial stock as well as their own back gardens. They’re caring, trustworthy and professional, and finding a good one isn’t that tough, especially if you live in Brisbane. If you’re looking for a choice of real estate agents, Brisbane is well supplied with a long list, and you’ll find Calibre Real Estate right at the top.

These good people don’t just care about profits or targets as to the number of homes sold! They care about the buyers and sellers as regards finding them a home they’re overjoyed with or the right price as part of a hassle-free sale. They’re also experts in property management, offering a first-class service to buy-to-let investors, commercial property owners or those needing to let their home in order to work elsewhere in Australia or overseas for a period of time. For the letting of commercial properties, an experienced Brisbane property manager is essential, and Calibre’s team will take care of everything including overseeing rental payments and dealing with maintenance issues.

Leasing, whether it’s a commercial property or rental home, is a complicated procedure best left to the experts, and involves maximizing rental yields as well as making sure the lessee is financially viable. Time frames are important, as property standing empty can deteriorate fast as well as generating no income. Calibre’s excellent marketing strategies utilize signage, print, online and email marketing to their broad database of clients as well as to prospective tenants.

Throughout the process, owners are kept informed of the level of interest garnered by ads and enquiries by interested parties, and advice is given on any adjustments to the strategy which might be needed. Importantly, your approval will be needed before any changes are made. Once a tenant has been found, Calibre can undertake all aspects of property management on your behalf, with bi-monthly financial statements and reports by email and regular post all part of the service. They’ll also take care of maintenance issues and all payments related to the property such as insurance, water and council rates, leaving you to relax and enjoy the income without worry.

About the Author

The Author is an expert Property Management and focus on Property Brisbane property manager.

Bi-weekly Mortgages Versus Mortgage Accelerators

Bi-weekly mortgages are a good way of saving money on a home mortgage, but a mortgage accelerator is far more effective. Mortgage accelerator systems save far more money than bi-weekly systems.

Every month, most of your mortgage payment goes toward interest, and only a very small amount goes toward reducing the principal. If you could do something that would cause less of that monthly payment to go toward interest, more of it would go toward principal! Is this possible? YES!

How? Use a mortgage accelerator! It’s a method that makes more of your monthly payment go toward principal. If you think this means making bi-weekly mortgage payments, you’re wrong. Real mortgage accelerators don’t change your regular monthly payment but more of it goes toward principal, and less to interest. Basically, you’re earning money on your own mortgage!

Mortgage accelerators are misunderstood but don’t be put off. Not only do they work, but also, using one can cut the time it takes to pay off a 30 year loan to just 10 years, and save you hundreds of thousands of dollars. Banks naturally don’t want you to know this and how much better it is than a bi-weekly mortgage. Actually, bi-weekly mortgages only save about 5 years.

The best mortgage accelerators use the “Australian method”, so-named because it was first used in Australia in the mid 1990’s. Since then, many people in countries around the world have used it with great success. Still, in the USA, it is not well-known. But don’t be put off because it really works and can save the average homeowner a fortune in mortgage interest.

There are several companies selling mortgage accelerators, and some of them charge thousands of dollars. Still, they are all based on the Australian model and so all will work, so you don’t have to spend more than a few hundred dollars.

One of the best values is the Mortgage Magic System.
The Mortgage Magic System lets you use the bank’s money to your own advantage.

Using this System, you will owe less money to the bank each month, and more of your monthly payment will go toward paying down your loan – in effect, making money on your mortgage.

Here’s how it works: you are going to use your regular income to offset your mortgage loan by having your income reduce your mortgage balance. For every dollar of income, you will owe a dollar less on your mortgage.

By using your regular income to offset your mortgage balance, you owe less on your loan. As a result, you owe less interest for the period! But you also need your income to pay bills and pay for my daily needs. No problem, because you have access to it anytime you need it to pay your bills.

If you’re excited about a system that is so much better than bi-weekly mortgages,there’s more. You see, if you can pay off your largest debt (your mortgage) in about 10 years, you’ll have all those extra years where your monthly discretionary income will increase by thousands of dollars each month. You’ll be able to quickly grow your retirement savings over those years, instead of paying all that money to the bank each month!

You think this sounds too good to be true, but it’s not, and there’s absolutely no risk of using a mortgage accelerator. So, if you want to save money on your mortgage with a bi-weekly mortgage system, use a mortgage accelerator instead.

Things That Real Estate Agents Need To Consider While Providing Guidance About Buying Property In Sy


Sydney besides being a major commercial hub is also one of the most
populated cities of Australia and the world. With an increasing number
of people willing to migrate to the city for ensuring a better career
and future, the demand for real estate Sydney is definitely on the rise.
Consequently, the profession of real estate agent or developer has
become one of the most preferred and well paid jobs. However, in order
to truly achieve success as a real estate agent, these professionals
need to have a deep understanding of not only the real estate market but
also the diverse clients they deal with. The task of providing help
buying a property in Sydney to clients is one of great responsibility
and involves the consideration of following factors.

The Type of Property:
The real estate agents need to truly understand the requirements of the
clients in term of the size and the style of the property they are
seeking. This knowledge helps them to direct the client to the right
kind of properties and win their trust, which is extremely important for
a strong working relationship.

Purpose of Buying Property:
Many people buy property just for investment purposes, while others
want to buy real estate Sydney for building their home. Being clear
about the intention of the clients with respect to the property plays a
critical role in determining which properties would suit them the most.

The Preferred Location:
People, who seek help buying property in Sydney for residential
purposes are generally quite sensitive about its location. Professionals
seek a property that is close to their place of work, even if it means
paying a considerably higher amount. There are still others who like to
sty away from the hustle and bustle of the city and seek a quite little
place away from the crowd but well within the city limits.

The Structural Aspects:
A good real estate agents also takes into consideration the structural
aspects preferred by the clients. This includes understanding whether
the clients prefer a newly constructed house/apartment or can settle for
one that has passed through the hands of various owners. Moreover, they
also need to know if he clients are willing to undertake minor repair
work in case of second hand houses/apartments.

The Budget Limit:
Budget definitely plays the most important role in determining the type
of property that the clients can get. As such it is important for the
real estate agents to consider the maximum budget limits of different
client before suggesting relevant property options to them. The real
estate agents also need to educate the clients about the various factors
that affect the price of a property to help them get the best deal.

Bi-weekly Mortgages Versus Mortgage Accelerators

Bi-weekly mortgages are a good way of saving money on a home mortgage, but a mortgage accelerator is far more effective. Mortgage accelerator systems save far more money than bi-weekly systems.

Every month, most of your mortgage payment goes toward interest, and only a very small amount goes toward reducing the principal. If you could do something that would cause less of that monthly payment to go toward interest, more of it would go toward principal! Is this possible? YES!

How? Use a mortgage accelerator! It’s a method that makes more of your monthly payment go toward principal. If you think this means making bi-weekly mortgage payments, you’re wrong. Real mortgage accelerators don’t change your regular monthly payment but more of it goes toward principal, and less to interest. Basically, you’re earning money on your own mortgage!

Mortgage accelerators are misunderstood but don’t be put off. Not only do they work, but also, using one can cut the time it takes to pay off a 30 year loan to just 10 years, and save you hundreds of thousands of dollars. Banks naturally don’t want you to know this and how much better it is than a bi-weekly mortgage. Actually, bi-weekly mortgages only save about 5 years.

The best mortgage accelerators use the “Australian method”, so-named because it was first used in Australia in the mid 1990’s. Since then, many people in countries around the world have used it with great success. Still, in the USA, it is not well-known. But don’t be put off because it really works and can save the average homeowner a fortune in mortgage interest.

There are several companies selling mortgage accelerators, and some of them charge thousands of dollars. Still, they are all based on the Australian model and so all will work, so you don’t have to spend more than a few hundred dollars.

One of the best values is the Mortgage Magic System.
The Mortgage Magic System lets you use the bank’s money to your own advantage.

Using this System, you will owe less money to the bank each month, and more of your monthly payment will go toward paying down your loan – in effect, making money on your mortgage.

Here’s how it works: you are going to use your regular income to offset your mortgage loan by having your income reduce your mortgage balance. For every dollar of income, you will owe a dollar less on your mortgage.

By using your regular income to offset your mortgage balance, you owe less on your loan. As a result, you owe less interest for the period! But you also need your income to pay bills and pay for my daily needs. No problem, because you have access to it anytime you need it to pay your bills.

If you’re excited about a system that is so much better than bi-weekly mortgages,there’s more. You see, if you can pay off your largest debt (your mortgage) in about 10 years, you’ll have all those extra years where your monthly discretionary income will increase by thousands of dollars each month. You’ll be able to quickly grow your retirement savings over those years, instead of paying all that money to the bank each month!

You think this sounds too good to be true, but it’s not, and there’s absolutely no risk of using a mortgage accelerator. So, if you want to save money on your mortgage with a bi-weekly mortgage system, use a mortgage accelerator instead.

Do Mortgage Accelerators Really Work

Got Mortgage? Yeah, me too. There are around 65,000,000 of us in the United States today, and the vast majority of us cannot wait for those demanding monthly payments to end. Many people are hastening that day by applying the principles of Mortgage Acceleration.

Mortgage accelerators come in differing shapes and sizes, and perform at different levels. The bottom line is this: If you want to pay off your mortgage, you simply must apply more money to the loan. Preferably, we want to do this in the fastest manner with the smallest amount of risk and the least impact on our lifestyle and monthly payment structure.

Some acceleration programs provide you with a plan to make small additional payments each month. This is effective in shortening your mortgage term, because additional payments (made to principle only) will lower the overall balance that you owe. That means less interest due. Interest is the enemy. Paying an extra $100 per month can have the effect of shortening your loan term by as much as 4-5 years. The only way to go faster is to apply more money to your principle balance. But how? Most of us simply do not have much “extra” cash hanging around. If only there were a way to find extra money in our bank accounts, we could really accelerate our payoffs.

So, comes to market a whole new selection of options. It turns out that for over 15 years, folks in Australia, New Zealand, and parts of Europe have been using a system that squeezes more money out of their labors and applies it to their home loans. These people are paying an average of $150,000 less in interest for their homes than the average American. How do they do that?

What these Aussies, Kiwis and Euros are doing is combining their home loans, checking accounts, savings accounts, and lines of credit to create a new scenario in cash flow. The mathematics are sound and the results are undeniable. It works.

If you combine your primary checking account with a Home Equity Line of Credit, or HELOC, you can basically use your income to cancel interest in your heloc. This interest cancellation creates cash flow in a sense. This new cash flow creates opportunity for that “extra” money. You can actually use the bank’s money “interest free” much like you would a credit card.

It is easy to see how, with a little bit of poor planning and bad math, you could get your self in financial hot water here. You need help. So here is where you must be wary. Help means involving someone else. Uh Oh! Red Flag! “Other people” usually means high fees or possible scams. That is a matter of record, after all. And when it comes to your money.Boy, these “other” folks need to be extremely trustworthy.

So, who can help without busting your budget? Wealthy people have financial planners who they pay very well to watch their bottom line. The typical middle class member can’t afford their fees. So we just throw up our hands, go to work, and live paycheck to paycheck. But we still would like to be debt free and reach financial freedom. So let’s explore the options again.

Do a search on Google for mortgage accelerators and you will find some interesting things. You will find the Big Boys thereCountrywide, Lending Tree, Quicken, Eloan, GMAC, DiTech, etc. These are the big mortgage companies who already have you in bondage, and now they want to ease your pain a bit with a bi-weekly pay plan or perhaps a nice re-finance package. Refinancing will only make your problems worse in the long run. The extra payment plan was already discussed. We want more.

Dig a little deeper and you will begin to see other companies there offering other options such as the Australian idea. Investigate these carefully. You want to find the option that is safest and offers the best results. And as for me, I don’t have the time to learn advanced math and theoretical quantum financial physics. I need something that will make it easy. Let’s peel back some onion skin.

Equity Accelerator is a bi-weekly plan. For one thing, that’s not fast enough for me. They also charge monthly fees and THEY make your payments. Do you want “somebody else” accessing your money? That is a little scary.

CMG/ Macquarie/ Home Ownership Accelerator: These guys are using the interest cancellation effect of a line of credit. This is good stuff. You can cut a mortgage in half using this system. You have to refinance to their accounts, which may be an expensive endeavor. The way I understand it, your checking, mortgage, and credit line all get mixed together at a variable rate of interest. There are recurring annual fees. If you are saving years and thousands, then those fees are negligible in the end. I still don’t like the idea of someone else being that much in control of my financial situation. This is good. Is there anything better?

Sydney Financial Group has a program that claims to pay off a mortgage in half the time or less. They, again are combining your checking and savings into one account which is held in a HELOC. They have online software that instructs you to make additional payments every month to your first mortgage company. This rapidly begins chipping away at your principle balance and eliminates very large amounts of interest. Sydney will set up your heloc themselves, and then their $3500 fee is taken out of that heloc to get you started. When I asked them about guarantees, they told me that if I follow the program it will work, but no guarantees.

United First Financial has brought to market a similar program that is beginning to catch on. They have reportedly spent 4 years and millions of dollars creating intuitive software that combines the best of ideas from Australia and Europe and the American banking industry. Their product, called The Money Merge Account, is a remarkable tool that provides a customized and flexible plan for each user. The user is guided by the software to pay off their 30 year mortgage and other debts in an average of 8-11 years. United First claims that there is no refinancing needed, no increase in monthly payments, and no change in lifestyle. They ran a beta test on 400 homes in Denver, Colorado with a 97.4% success rate. Everybody seems to be very happy with the product. The MMA also costs $3500, and that fee is also suggested to be paid from your heloc, where interest cancellation and cashflow pay for it without any additional monthly payments.

The MMA does not touch your money and it does not pay your bills for you. The MMA provides a real time financial “dashboard” that shows you where you are headed and also the real cost of miscellaneous purchases and deposits. Every withdrawal , or deposit results in an adjustment to your payoff date. The MMA is transferable to your next property, and all updates are automatic and free of charge. U1st makes a projection of every year until payoff for you, and they guarantee that performance (if you follow the software) or your money is 100% refundable.

These are all good tools presented by reputable companies. They all have the ability to pay your mortgage off faster, and put you on the road to financial freedom at a faster pace. You will, of course, have to decide which program is right for you, and I am sure that more programs will be coming onto the stage as these ideas move more to the forefront of public knowledge. I will be sure to keep an eye on things, and report on new companies and plans as they develop in this exciting category.

Finally regular people can have access to a level of financial wisdom that was not available to them before. So, don’t refinance or fall victim to scams that want to have access to your accounts. The time has come for you to take control. These ideas and products are literally transforming families from a pattern of debt to a new paradigm of wealth building.

Just think about what you can do with your monthly payments when they no longer are required to pay debts. Even a conservative investment strategy will amass huge amounts of cash when supplied with a steady flow of capital, like the flow going out to pay the interest on your home loan this month, and the next, and the next, and the.Don’t let the banks make all of the money. After all, you are the one who works for it.

Copyright (c) 2007 Marc Rosenbaum

Concrete Injection Services

Leaking cracks in a slab or concrete driveway? Thanks to concrete crack injection services and commercial waterproofing services in Australia who offer exciting, high tech, niche repair systems. These contractors are specialist in hydrophilic urethane concrete crack injection system designed to repair, protect, seal and structurally strengthen man made architectural and natural structures.

Concrete crack injection system is usually applied from the inside, which avoids digging on the outside of the walls. It is also suitable for hairline cracks as well as wide cracks. Concrete crack injection works by filling the entire length and depth of the crack. It helps in permanently stopping water leaks and also prevents water from getting into the concrete and deteriorating it further. No drilling is needed.

The standard injection kit of concrete injection services provider comprises polyurethane, which forcefully expands to fill the entire crack and even a void on the outside. You can also use epoxy crack injection kits, if structural strength is required?

With concrete crack injection, you can stop and prevent water seepage by permanently filling the full length and depth of the crack. So that water could not get inside the crack and deteriorate the concrete, widening the crack further.

Commercial waterproofing services provide cost effective and innovative waterproofing solutions for the commercial construction industry. They offer a wide range of premium quality waterproofing products, engineered with durability and reliability. These waterproofing products contain Bentonite, a natural sealing agent which makes the products environment friendly.

Superior waterproofing protection and easy installation of waterproofing products are also offered by commercial Waterproofing Services. Their trained technicians vast experience in leak sealing techniques and waterproofing installations has positioned commercial waterproofing services to provide successful service to engineers, consultants, property managers and owners.

The contractors of commercial waterproofing systems Australia create tough, seamless membranes that repel moisture, resist chemical and environmental challenges and deliver dependable service on virtually any building surface. When properly maintained, waterproofing systems will last indefinitely.

The waterproofing products are formulated for roofs and green-roof systems, walls, decks, below-grade surfaces and a wide range of speciality applications. Safe and easy to apply, these waterproofing systems have been setting industry waterproofing standards for over many years. When you hire these waterproofing systems in Australia for your residential and commercial property, you end up getting the most precautionary service to avoid all sorts of serious damages to your property.

So, if you wish to know more about concrete injection services in Australia, please visit ciw.net.au/

Suze Orman Should You Pay Down Your Mortgage

Suze Orman says that people who advise against paying off a mortgage early are wrong. In an NBC interview with Matt Lauer on NBC Today show, Suze Orman says that paying off a mortgage early is the best thing a homeowner can do with their money. She counsels that for most people their home is their most important asset, and should be protected against the risk of loss.

Suze Orman cautions that brokerage companies and stock market analysts have a vested interest in convincing people to invest their money in the stock market. She says that she is always suspect when companies having a vested interest in promoting investments say such things.She also cautions that stocks are not safe investments, and that for homeowners with a mortgage, they are better off paying off their mortgage with extra money instead of investing it in a risky stock market that could lose value.

Suze orman says that maintaining a mortgage while investing in the stock market is too much of a risk. She also points out that most poeple only stay in a home for seven years and that mortgages are front loaded with interest, so that after 20 years, more than half of the original mortgage balance still remains due; and because most of the interest is paid in the early years, there are little or no tax write offs in the last 10 years.

Suze Orman also points out that a homeowner needs about $400,000 earning about 5% to pay off a $200,000 mortgage. After taxes, the investment return would be enough to pay the annual mortgage interest. The problem is that if the investment loses value in the stock market, the investment income will not be enought to pay the amount due on the mortgage.

All homeowners should follow Suze Orman’s advice to pay off their mortgages quickly. The fastest way to pay down a mortgage is with a mortgage accelerator. Mortgage accelerators are little known in the United States but have been used around the world for many years. The average homeowner can pay off their 30 year conventional mortgage in as little as 10 years using a mortgage accelerator.

Mortgage accelerators are very effective and are used worldwide by millions of homeowners. The most effective mortgage accelerator is one developed in Australia. If more people knew how powerful mortgage accelerators are, virtually every homeowner would use them.

Another advantage of using mortgage accelerator is that they save time in the homeower’s peak earning years. This allows the homeowner to pay off their mortgage in about 10 years, and then apply their money to their retirement account because they are no longer encumbered with monthly mortgage payments.

Using a mortgage accelerator in this type of financial plan, many homeowners will be able to have a retirement account of about one million dollars. This is due to the fact that they will be making large monthly contributions to their retirement accounts and the money will have many more years over which to grow. It is a certainty that if people followed Suze Orman’s advice and used a mortgage accelerator, many more people would be able to retire with more money and also not have a mortgage and have to make mortgage payments.

Australias New Subculture

They dress like their going to the gym. They have undercuts and spiky hair. They have a few tattoos, hidden from their parents view. They listen to R&B and rap. They hang out in garages, playing cards, swearing and smoking pot. Their ideology of masculinity is a man that wont take no for an answer, has control over his Mrs.s and can stand up for himself. They speak with slang derived from the African American slang, with a few Arabic words here and there. They drive fast, done up cars with controversial personalized number plates. Females are not welcome in this gathering nor are adults. Who are they? They are the Lebanese youth. Their offshoot, hanging out, is the symbolic axis and working social hub. This subculture is heavily reliant on being in the know- on being cool, calm and dangerous. If one were to describe the social culture of this group, it would have to be coolness. But what is this cultural value? How is it embodied? How is it displayed? Why it is so important to the Lebanese youth? What are its social uses, its demographics, its biases and discriminations?

They belong to a unitary culture. They maintain the same dress codes, dance styles, music genres and catalogue of authorized and illicit rituals. They are a subculture from an ethnic culture. They generally congregate on the basis of shared ethnicity and ideology, their consumption of the same media and, most importantly, their preference for youth of the same ethnicity to themselves.

Taking part in this subculture builds affinities, socialising participants into knowledge of the likes and dislikes, meanings and values of the culture. This community will last for several years until these boys decide to settle down through primarily marriage. This subculture will then melt into the mainstream.

The opposition of the mainstream is undoubtedly how many constituents of youth subcultures characterize their own behaviour. However we cant take youthful discourses literally; they are not a transparent window on the world. This is a constant mistake that has been made by cultural studies. They have been inadequately critical of sub cultural ideologies, first, because they were preoccupied by the task of perforating and challenging prevailing ideologies and, second, because they were biased and tended to correspond with the sub cultural discourses of the youth cultures they study. Academics have acclaimed subcultures, while youth have celebrated the underground. Where young people have condemned the commercial, scholars have criticised hegemony; where one has grieved over selling out, the other has conceived incorporation.

Youth visualize their own and other social groups through sub cultural ideologies, they declare their idiosyncratic nature and assert that they are not nameless affiliates of an undistinguished heap. The cultural theorists are not giving non-biased explanations of the way things really are, but incorporate ideologies that fulfil their specific cultural agenda. One should therefore not simply delve into the way of life of a cluster community, but consider the way they make meaning the service of power.

The distinctions made by the Lebanese youth are not simply affirmations of equal difference; they entail a strong claim to authority and presume the inferiority of others. They are challenge the weight of, namely the police and laws established by the government and see other sub cultural ethnic groups as inferior to them.

Within this subculture, elevated levels of income and property do not associate with high levels of cultural capital, as the two often conflict. Comments about the nouveau riche reveal the likely frictions between those affluent in cultural capital but fairly poor in economic capital (like those Lebanese youth that are academics) and those rich in economic capital but less affluent in cultural capital (like professional football players).

Therefore, the third category-social capital-that stems not from what you know or what you have, but from who know, can be attributed fore mostly to the subculture of the Lebanese youth. Connections in the form of friends, relations, associations and acquaintances can all bestow status. Tell the boys that you know so and so and watch them worship you.

The second nature of their knowledge is a quality that members of this subculture must possess. Nothing diminishes capital more than the spectacle of someone trying to hard. For example, a subdued and pale looking Anglo Saxon male attempting to act, dress and associate himself with the subculture of the Lebanese youth.

K. Gelder and S. Thornton argue that the difference between being in or out of fashion, high or low in sub cultural capital, correlates in complex ways with degrees of media coverage, creation and exposure. In regards to the aforementioned subculture, commercial news and the content of their broadcasting are discussed often amongst each other. They are in passionate resistance to the negative portrayal of their subculture. It can be argued therefore that due to the fact that their subculture is used as the topic of the day so readily, that this actually encourages them to become increasingly rebellious against the mainstream and forms of authority.

The convertibility of cultural capital into economic capital is what ultimately defines cultural capital. Whilst sub cultural capital may not convert into economic capital, in being a market niche, with the same ease or financial reward as cultural capital, a variety of occupations or increased capital for existing occupations can be gained as a result of coolness. American clothes designers, especially sportswear designers, such as Nike and Adidas, American artists of hip-hop, rap and R&B and sad to say drug dealers all make a living from their sub cultural capital.

Sub cultural capital is not as class-bond as cultural capital, even though it converts into economic capital. Class does not correlate in any uninterrupted way with levels of youthful sub cultural capital. For instance, it would not be uncommon for a Lebanese boy that was raised in an area that was densely populated with Lebanese households, like Bankstown, to remain dressing, acting and speaking in the same way if he was to move to an area that was densely populated with Anglo-Saxons and of a class.

Gender, after age, is the social difference along which sub cultural capital is aligned most analytically to. Generally, the girls associated with this subculture invest more of their time and identity in doing well at school. The boys, in contrast, spend more time and money on going out, listening to music and hanging out with the boys.

The refusal of complicity might be said to categorise the majority of Lebanese youth. These youth are not as anchored in their social place as those younger and older than themselves as they are not settled with a partner nor have they integrated into Australian culture. By investing in this act of leisure, Lebanese youth further reject being fixed socially. They can postpone social aging or that slow renunciation or disinvestment which leads people to regulate their goals to their purposes, to support their state, become what they are and make do with what they have. Acting as a barrier against social aging may be one of the reasons as to why it is so attractive to people well beyond their youth.

Lebanese youth can be seen as temporarily taking pleasure in the taste of independence. Freedom from necessity, therefore, does not mean that youth have wealth so much that they are exempt from adult commitments to the accumulation of economic capital. They simply reveal a methodical dedication, which allows practises that are discouraged by the mainstream.

The term subculture is therefore useful as a means for analysing the position and experiences of the Lebanese youth of Australia. Sub cultural capital is the key player of a substitute chain of command in which the affiliation of age, gender, sexuality and race are operational in order to keep the resolves of class, income and occupation aside. Sub cultural capital discloses itself most clearly by what it dislikes and by what it definitely isnt. The vast majority of Lebanese youth distinguish themselves against the mainstream that, to some degree, can be seen to stand in for the masses- this distance is a measure of their cultural worth. Sub cultural ideology unconditionally gives alternative interpretations and values to young peoples, particularly young mens. It reinterprets the social world. The Lebanese youth jockey for social power through these popular distinctions; they are favouritisms by which members are both given social statuses and endeavour for a meaning of self-worth. This perspective foresees popular culture as a multi-dimensional social space rather than as a flat culture or as simply the end of the social ladder. The Lebanese youth should therefore not be categorised through their cultural differences as being resistances to hierarchy or to the isolated cultural supremacy of some ruling body. They should be looked at as the microstructures of power entailed in the cultural competition that goes on between more closely associated social groups.

For another great article on culture click here.

Do Mortgage Accelerators Really Work

Got Mortgage? Yeah, me too. There are around 65,000,000 of us in the United States today, and the vast majority of us cannot wait for those demanding monthly payments to end. Many people are hastening that day by applying the principles of Mortgage Acceleration.

Mortgage accelerators come in differing shapes and sizes, and perform at different levels. The bottom line is this: If you want to pay off your mortgage, you simply must apply more money to the loan. Preferably, we want to do this in the fastest manner with the smallest amount of risk and the least impact on our lifestyle and monthly payment structure.

Some acceleration programs provide you with a plan to make small additional payments each month. This is effective in shortening your mortgage term, because additional payments (made to principle only) will lower the overall balance that you owe. That means less interest due. Interest is the enemy. Paying an extra $100 per month can have the effect of shortening your loan term by as much as 4-5 years. The only way to go faster is to apply more money to your principle balance. But how? Most of us simply do not have much “extra” cash hanging around. If only there were a way to find extra money in our bank accounts, we could really accelerate our payoffs.

So, comes to market a whole new selection of options. It turns out that for over 15 years, folks in Australia, New Zealand, and parts of Europe have been using a system that squeezes more money out of their labors and applies it to their home loans. These people are paying an average of $150,000 less in interest for their homes than the average American. How do they do that?

What these Aussies, Kiwis and Euros are doing is combining their home loans, checking accounts, savings accounts, and lines of credit to create a new scenario in cash flow. The mathematics are sound and the results are undeniable. It works.

If you combine your primary checking account with a Home Equity Line of Credit, or HELOC, you can basically use your income to cancel interest in your heloc. This interest cancellation creates cash flow in a sense. This new cash flow creates opportunity for that “extra” money. You can actually use the bank’s money “interest free” much like you would a credit card.

It is easy to see how, with a little bit of poor planning and bad math, you could get your self in financial hot water here. You need help. So here is where you must be wary. Help means involving someone else. Uh Oh! Red Flag! “Other people” usually means high fees or possible scams. That is a matter of record, after all. And when it comes to your money.Boy, these “other” folks need to be extremely trustworthy.

So, who can help without busting your budget? Wealthy people have financial planners who they pay very well to watch their bottom line. The typical middle class member can’t afford their fees. So we just throw up our hands, go to work, and live paycheck to paycheck. But we still would like to be debt free and reach financial freedom. So let’s explore the options again.

Do a search on Google for mortgage accelerators and you will find some interesting things. You will find the Big Boys thereCountrywide, Lending Tree, Quicken, Eloan, GMAC, DiTech, etc. These are the big mortgage companies who already have you in bondage, and now they want to ease your pain a bit with a bi-weekly pay plan or perhaps a nice re-finance package. Refinancing will only make your problems worse in the long run. The extra payment plan was already discussed. We want more.

Dig a little deeper and you will begin to see other companies there offering other options such as the Australian idea. Investigate these carefully. You want to find the option that is safest and offers the best results. And as for me, I don’t have the time to learn advanced math and theoretical quantum financial physics. I need something that will make it easy. Let’s peel back some onion skin.

Equity Accelerator is a bi-weekly plan. For one thing, that’s not fast enough for me. They also charge monthly fees and THEY make your payments. Do you want “somebody else” accessing your money? That is a little scary.

CMG/ Macquarie/ Home Ownership Accelerator: These guys are using the interest cancellation effect of a line of credit. This is good stuff. You can cut a mortgage in half using this system. You have to refinance to their accounts, which may be an expensive endeavor. The way I understand it, your checking, mortgage, and credit line all get mixed together at a variable rate of interest. There are recurring annual fees. If you are saving years and thousands, then those fees are negligible in the end. I still don’t like the idea of someone else being that much in control of my financial situation. This is good. Is there anything better?

Sydney Financial Group has a program that claims to pay off a mortgage in half the time or less. They, again are combining your checking and savings into one account which is held in a HELOC. They have online software that instructs you to make additional payments every month to your first mortgage company. This rapidly begins chipping away at your principle balance and eliminates very large amounts of interest. Sydney will set up your heloc themselves, and then their $3500 fee is taken out of that heloc to get you started. When I asked them about guarantees, they told me that if I follow the program it will work, but no guarantees.

United First Financial has brought to market a similar program that is beginning to catch on. They have reportedly spent 4 years and millions of dollars creating intuitive software that combines the best of ideas from Australia and Europe and the American banking industry. Their product, called The Money Merge Account, is a remarkable tool that provides a customized and flexible plan for each user. The user is guided by the software to pay off their 30 year mortgage and other debts in an average of 8-11 years. United First claims that there is no refinancing needed, no increase in monthly payments, and no change in lifestyle. They ran a beta test on 400 homes in Denver, Colorado with a 97.4% success rate. Everybody seems to be very happy with the product. The MMA also costs $3500, and that fee is also suggested to be paid from your heloc, where interest cancellation and cashflow pay for it without any additional monthly payments.

The MMA does not touch your money and it does not pay your bills for you. The MMA provides a real time financial “dashboard” that shows you where you are headed and also the real cost of miscellaneous purchases and deposits. Every withdrawal , or deposit results in an adjustment to your payoff date. The MMA is transferable to your next property, and all updates are automatic and free of charge. U1st makes a projection of every year until payoff for you, and they guarantee that performance (if you follow the software) or your money is 100% refundable.

These are all good tools presented by reputable companies. They all have the ability to pay your mortgage off faster, and put you on the road to financial freedom at a faster pace. You will, of course, have to decide which program is right for you, and I am sure that more programs will be coming onto the stage as these ideas move more to the forefront of public knowledge. I will be sure to keep an eye on things, and report on new companies and plans as they develop in this exciting category.

Finally regular people can have access to a level of financial wisdom that was not available to them before. So, don’t refinance or fall victim to scams that want to have access to your accounts. The time has come for you to take control. These ideas and products are literally transforming families from a pattern of debt to a new paradigm of wealth building.

Just think about what you can do with your monthly payments when they no longer are required to pay debts. Even a conservative investment strategy will amass huge amounts of cash when supplied with a steady flow of capital, like the flow going out to pay the interest on your home loan this month, and the next, and the next, and the.Don’t let the banks make all of the money. After all, you are the one who works for it.

Copyright (c) 2007 Marc Rosenbaum

What Is Mortgage Acceleration

The typical homeowner may think that mortgage acceleration is the act toward reducing the indebtedness on residential property by making larger repayments or more frequent ones than the loan contract requires. The short answer would be this is correct. Mortgage acceleration simply put means to speed up the process for paying off the loan. The part that becomes a little vague, or downright mysterious, is just what method is the most effective to accomplish this.

Creative Methods for Mortgage Acceleration
There are several hot methods that have hit the mortgage marketplace in recent years that make even 15-year fixed rate mortgages with bi-weekly payments look like financial dinosaurs. Although critics of these financing methods claim them too good to be true, the actual review dictates that when conducted with the proper information and education, many of the proposed goals stated from applying mortgage acceleration tactics are reasonably achievable.

How Can These Practices Benefit a Homeowner?
Through restructuring a mortgage correctly, an average homeowner can repay the loan in seven to 15 years. There is no sacrifice in living expenses made and, in fact, can cut total debt in half. Hearing this statement elicits instant disbelief from most responders wondering if the statement is true, then why s it not prevalently known to all? Good question! Most believe there is some insidious catch to the practice, its probably fraudulent, illegal or, at best, quite unethical. Not true!

Mortgage History Shows Conservative Mindset
The lending of money has always been mostly a conservative activity. Yes, some venture capitalists take high risks lending money but require great rewards doing so. The home mortgage market has been relatively a conservative arena based upon business practices that basically benefited the lender first. Traditional mortgages 100 years ago called for a 50 percent down payment that our grandparents slaved years to save. Our parents faired a little better, but never dreamed of no-money down arrangements or ever saw a plethora of mortgage products such as adjustable rate mortgages or interest only mortgage loans. And more recently, use of negative amortization loans have become popular mortgage vehicles for short-term real estate investments. Traditional products like a 30-year fixed mortgage possess an amortization schedule that favours the lender. However, in recent years some clever people discovered inside lending institution secrets that could help consumers win the interest war.

Interest Only Mortgage Is Key
At the heart of any successful mortgage acceleration process is an interest-only loan. About 20 years ago in Australia, someone discovered that if an interest-only loan was obtained and repaid in a specific way will allow a consumer to pay down all personal debts three times faster than associated with conventional financing. It requires a great deal of discipline including gaining a month ahead for repayment of an interest-only loan and also associated depositing money, a pay check, into an interest-bearing account. Additionally, through making your loan repayments earlier than required, you can essentially prevent any additional interest from accruing.

Home Equity Line of Credit (HELOC)
This is the vehicle that allows a consumer to deposit money directly into an account that consolidates all your debt mortgage, credit cards, auto loans into one vehicle that allows you the draw off the balance of this loan using checks or a debit card.

Check with your trusted mortgage broker for greater details about mortgage acceleration.