With the purpose of executing works of first order in the 22 cantons of the province of Manabi, the Ministry of Housing and Urban Development (MIDUVI), through the Minister Engineer Walter Valarezo Solis, has earmarked the budget allocation of $ 10’214234; amount of investment allocated to the execution of works in various technical areas that has the state agency. Continue reading
Paint
1. Buy white emulsion as you can use this to mix up with your acrylic paint, to make lots of different shades, at half the price.
2. Flies stuck on newly painted surfaces .
Don’t try and pick the flies out of the wet paint. Leave the paint to dry overnight and the flies can be wiped away with a damp cloth next day often without any trace.
3. After you’ve used all that glitter on your Christmas cards, don’t just put it back into Continue reading
Do you have a boring bathroom? Maybe it’s time for an update!
There are lots of smaller projects to add color, update lighting, or accessorize that will rev up the look of a bathroom, without spending a lot of money or waiting for a major remodel.
Here are some of our favorite ways to add some sparkle to a bathroom. Choose a few of these ideas for your own home and plan a weekend project that will yield Continue reading
Use stylish stencils and paint to mimic the look of patterned wallpaper, and you’ll avoid the hassle of installation and cut the cost.
Wallflower Wainscoting
Painting this pattern is fast and fun; instead of stenciling each flower individually, buy blooms in multiples on a large sheet of acetate.
What You Need:
* Latex paints in 3 colors: light purple for base coat and large-flower accents, medium purple for stripes and flowers, and dark purple for border and small-Â Â flower accents
* Paintbrush or roller
* Carpenter’s level
* White pencil
* Low-tack painter’s tape Continue reading
Make the most of your bedroom with these ideas that will move your body and soothe your soul.
The Bedroom of Your Dreams
Master suites seem to come in two sizes these days: large and larger. But even if your bedroom isn’t big enough to accommodate a pasture full of sheep, you probably count on it for more than just sleeping. Whether your ideal is a function-filled space designed to reenergize both body and mind or a romantic retreat that pampers the soul, these ideas will help you achieve the bedroom of your dreams.
Move Your Body
Do you leap out of bed the moment the alarm rings? Is your nightstand stacked with Continue reading
At end of a long day, retire in style and comfort — in your bedroom. Here are four ideas for creating a soothing haven.
Romancing the Room
Exotic EaseAdd elegance with fabric.
For small-space apartments, a bed that can double as a settee or sofa is essential. This iron daybed is adorned with hand-blocked English linen pillows. Offering an out-of-the-ordinary coordinating fabric, the coverlet is an Indian bedspread. The hanging over the bed is a simple no-sew muslin fabric, draped and clamped to the cornice. Continue reading
Tax lien. A type of lien placed on a title when the owner has not paid property or assessment taxes or other state and federal taxes.
Take-back. A loan made directly from the seller to the buyer.
Term The period of time which covers the life of the loan. For example, a 30 year fixed loan has a term of 30 years.
Title 1. Evidence of the right of property ownership; can be held solely, jointly, in common or in corporate or partnership form. 2. The evidence one has of right to possession of land.
Title company. A company that performs and insures title searches. Usually selected by the seller, they sometimes work as a lender’s agent. Depending on the preferences of the seller, buyer and others involved in the sale, the closing Continue reading
Self-amortization. Occurs when monthly payments allow a loan to be repaid, including principal and interest, over its terms without any balloon payments.
Seller carry back An agreement in which the owner of a property provides financing, often in combination with an assumed mortgage.
stated/documented income. Some loan products require only that applicants “state” the source of their income without providing supporting documentation such as tax returns.
Settlement (Closing). The process by which all financial dealings and contractual arrangements are completed for the buyer and seller. At the time of settlement, or closing, all debts are paid, adjustments made and money disbursed, and a deed is prepared in the new owner’s name.
Subprime: Credit with higher risk characteristics, such as bankruptcy or collection accounts.
Survey. 1. A professional examination of a property. A survey usually will reveal the size of a property, its boundary distances, ground contours and where improvements or alterations have been made. 2. A print showing the measurements of the boundaries of a parcel of land, together with the location of all improvements on the land and sometimes its area and topography.
Rate The annual rate of interest on a loan, expressed as a percentage of 100.
Rate cap A limit on how much the interest rate can change, either at each adjustment period or over the life of the loan.
Rate lock-in A written agreement in which the lender guarantees the borrower a specified interest rate, provided the loan closes within a set period of time.
Rebate Compensation received from a wholesale lender which can be used to cover closing costs or as a refund to the borrower. Loans with rebates often carry higher interest rates than loans with “points” (see above).
Recording fee Fee charged by a government for entering into the public record a real estate purchase or sale.
Refinancing The process of paying off one loan with the proceeds from a new loan using the same property as security.
Residential mortgage credit report (RMCR) A report requested by your lender that utilizes information from at least two of the three national credit bureaus and information provided on your loan application.
Right of first refusal. A priority arrangement that grants a particular prospective buyer the first right to purchase a property, given certain agreed-upon conditions.
Periodic cap The maximum rate increase for a specific period for a specific loan (ARM) only.
PITI Principal, interest, taxes and insurance–the components of a monthly mortgage payment.
Planned Unit Developments (PUD) A subdivision of five or more individually owned lots with one or more other parcels owned in common or with reciprocal rights in one or more other parcels.
Plat. A map that shows all boundaries of a piece of property.
Points Charges levied by the mortgage lender and usually payable at closing. One point represents 1% of the face value of the mortgage loan.
Pre-approval. A process whereby a potential home buyer secures a guaranteed mortgage approval before making an offer on a house. A lending institution guarantees in writing to grant a loan for a specified amount. Not to be confused Continue reading
