A mortgage is a way to use one's real property, like land, a house, or a building, as a guarantee for a loan to get money. Many people do this to buy the home they use for mortgage: The loan provides them the money to buy the house and the loan is guaranteed by the … Read more

My mother and step father recently reversed the mortgage on their 200,000 dollar home, both are 72 years old with minimal income no debt, any hope for preserving the family home of over 70 years.  Sincerely, scott

A reverse mortgage is a loan for senior homeowners that uses a portion of the home's equity as collateral. The loan generally does not have to be repaid until the last surviving homeowner permanently moves out of the property or passes away. At that time, the estate has approximately 6 months to repay the balance … Read more

Direct deposits are made available to the receiving bank as of 12:00 a.m. On the check date, as long as long as the payroll is transmitted two days earlier (as discussed below). The funds are posted at the discretion of the receiving bank. Employees should contact their banks to learn the exact time that direct … Read more

It's nice to look forward to payday every week, but you haven't truly been paid until you can use the money to pay bills or make other purchases. If you can't get to the bank easily, and if your work schedule is inflexible, it can take many days to finally get to the bank to … Read more

The characteristics of money can be divided into six different categories: Durability, portability, divisibility, uniformity, limited supply, and acceptability. With the ongoing fraudulent issues associated with counterfeit money, it is important to be familiar with these categories. Acceptability: In terms of a form of currency being accepted within society, money must be accepted by everyone … Read more

Net First Platinum (the company apparently based in Pennsylvania, Indiana) is described by its site and advertisements as a card with a credit limit of $500, which is approved to you as soon as you get a card; anyone can apply with most receiving a card; and it has no interest rate at all. There … Read more

Almost all banks follow the formula below to open bank accounts. Open Bank Account Step 1: Choose an Institution You may have already done this. If not, shop around. What type of account do you want? A savings account? A free checking account? Should you use a credit union? See who has the features you … Read more

Tax law is administered primarily by the Internal Revenue Service, a bureau of the Treasury. The U.S. Tax code is known as the Internal Revenue Code of 1986 (title 26 of the United States Code). The Code's complexity generally arises from two factors: The use of the tax code for purposes other than raising revenue, … Read more

The most powerful person in your department is not necessarily your manager. Instead, the person with the most influence, who can lead others to achieve a goal or accomplish a certain task, may enjoy that position of power. Informal power in an organization refers to the ability to lead, direct or achieve without an official … Read more

Advantages • Ability to move large amounts of produce with one transaction • Contract for produce can sometimes be secured before crop harvested • Diversification in marketing strategies Disadvantages • Price is determined by the buyer • Stricter regulations about sorting and packing • Large amounts of produce must be delivered • Consistent amounts and … Read more

Say your monthly figure is in C1. In D1 put =C1*12 and drag this formula down col C as required.

A few additional types of accounting exist. Accounting information systems are the processes and procedures required to generate accounting information. These include identifying the information desired by the ultimate user, developing the documents (such as sales invoices) to record the necessary data, assigning responsibilities to specific positions in the firm, and applying computer technology to … Read more

A companies reputation can have major effects on its bottom line, it can and does impact how both customers and suppliers view it and use it. Perhaps you are a new start-up company or perhaps even a more established business, whatever you are building a solid reputation is essential if you want to have a … Read more