Collateralized Mortgage Obligations (CMOs) sometimes referred to as Real Estate Mortgage Investment Conduits (REMICs), are one of few innovative investment methods available in today’s investment world. CMOs offer relative safety, regular payments and notable yield advantages over other better known fixed-income securities of comparable credit quality.
A wide variety of CMO securities with different cash flow and expected maturity characteristics have been designed to meet specific investment objectives. While CMOs offer advantages to investors, they also carry certain risks which will be further explained in this document. To determine if CMOs fit within your investment portfolio, you should first understand the distinctive features of these securities.
CMOs were first introduced in 1983. The Tax Reform Act of 1986 allowed CMOs to be issues in the form of REMICs, creating certain tax and accounting advantages for issuers and for certain large institutional and foreign investors. Today, almost all CMOs are issued in REMIC form. Remember that throughout this CMO explanation, REMICs and CMOs are interchangeable.
Starting your business is a busy time in any entrepreneur’s life. Vital steps could be easily unnoticed until you’re well into the process. To assist entrepreneurs in getting their businesses set up efficiently and lawfully, here is a checklist of steps that all businesses need to include.
1. Developing a business plan
A business plan will assist you to focus and organise your thoughts about what resources your new business will need, how it will sell its goods and services (and in what markets) and when you can anticipate the business to turn profitable. Numerous businesses fail since people begin them with absurd expectations and only vague thoughts about how to accomplish them. Most successful entrepreneurs are disciplined people who look carefully at strengths, weaknesses and numbers prior to devoting their time and capital to a new business.
2. Decide on a effective name
You’ll need to choose a name for the business. If you are going to operate as a sole trader, this could constitute as simple as your own name, or some variation on it. If you would like to use a corporate name, you’ll be required to ensure that the name isn’t already occupied.
Celestun is one of many beautiful places which I have visited in the Yucatan Peninsula. It offers an excellent variety of seafood and seafood restaurants located right by the sandy waters of the Mexican Gulf. The great thing about this place is the tranquility and stillness which awaits you after long hours of travel. The ocean floor in Celestun is quite shallow which is great for those afraid of deep Caribbean waters. The main attraction that should not be missed when visiting Yucatan peninsula (between Merida and Campeche) is Rio Celestun Biosphere Reserve, which is a spectacular forest housing over 200 species of birds, including pelicans, cormorants, the occasional stork, and hot pink flamingos. Many Mexican and international tourists as well as biologists take refuge in the Reserve during the months of July and August. When travelling during those months make sure to book your inexpensive hotel well in advance of your trip.
Celestuns estuary is quite popular with kids and tourists who want to see pink flamingos which are plenty in this region. There are two main trips available. The first heads north to Isla de Pajaros, an avian playground. The second tour heads south through petrified forests and a river tunnel of intertwined tree branches and vines before winding through the abandoned fishing village of Real de Salinas. The tours are quite inexpensive and can be negotiated with local lancheros which can be found at the bridge before the entrance to the town. You can hook up with few people whishing to do the same tour and negotiate a price. The best solution is to combine the two tours; some fisherman will gladly provide you with their lanchero services for around 550 pesos. If you are in Celestun during the weekend, be sure not to miss many performances near the zocalo, taking place usually Saturday night.
City Map: The main street, Calle 11, in Celestun, touches the western shores of Yucatan, and connects with the main carretera federal Rte. 281 which leads to or from Merida (approximately 150 km). Odd numbers increase to the south, while even numbers decrease moving away from the ocean. The zocalo, where the events take place, is bounded by Calle 11, 13, 10 and 8. There is a bus service, Autobuses de Occidente, which provides travel service to Merida; it can be found by the intersection of Calles 8 and 11 right by the zocalo. Schedule may have changed: (2hr trip to Merida, 12 per day betwen 5 am 8:30 pm.) As I had the rented car, I have never used this service.
So youve bought your home lot and youre ready to by the perfect house plan, but you dont know where to start. There are important questions that you should ask your designer before buying that house plan, and I can help. I have been designing custom home plans and stock house plans for 20 years, and I have compiled a list of questions you should ask your home designer before buying.
1.How long have you been designing house plans? The more experience your home plan designer has, the more detailed his or her plans are likely to be. Stock house plans experience is also important because with all of the competition for online house plan exposure, there are plenty of home designers out there with little or no experience.
2.Do you design custom house plans? You think youve found the perfect house plan, but you want to make a few tweaks, and before you know it, your revision bill is 2-3 times the cost of the original home plan. A good designer will recognize the fine line between designing a custom home plan for you and spending too much time on revising a stock house plan.
A pergola is a graceful addition to a house; it creates an outdoor living space to enhance enjoyment of your property. Pergolas are often free standing structures supported by posts that are joined by beams then topped with rafters to provide shade. Building a Pergola Attached To The House is not overly difficult; this approach eliminates a set of posts but otherwise the construction techniques are the same as for free standing pergolas.
Start by obtaining a good set of plans and checking with the building codes administrator in your town or city. The first step in construction is accurate placement of the posts; pergolas longer than 8 feet may require additional support. A short cut to accurate placement involves using a frame built of 2×10 boards; verify the squareness of the frame by measuring the diagonals from one corner to another; if the measurements are the same, the frame is squared and true. Place the frame against the foundation to locate the post holes, make appropriate marks where the holes will be dug, remove the frame and dig the post holes. Code requirements vary but generally the holes should be a bit deeper than the frost line.
Use a motorized auger or a post hole digger to make your hole. Line the bottom of the hole with about 4″ of gravel. Dip the end of the posts in roofing tar as a preservative measure. Replace the frame. Set the posts vertically, check carefully that they are plumb; use the inside of the frame as a boundary marker to guarantee proper location. Brace the posts with 2″x4″ material, mix concrete according to directions and pour it into the hole; cone shape the concrete above ground level to enhance water runoff.