Submitted by: Gisela Hertz
Berlin real estate rates are shooting up but are still below the prevailing prices when compared to London, Dusseldorf, Hamburg or Munich. For property buyers this is good news. If you consider Berlin as an ideal location for investment in real estate, you are right. Despite escalating demand, you can still buy property at a comparatively low price. Hold on to it for a while and you can expect maximum returns on your investment. If you like, you can rent out property and expect high rentals due to an influx of people into the city and shortage of accommodation.
Selection of the right locality is important if you are looking for high returns. Even within localities, there are areas where property may command higher prices and future appreciation due to the nature of the building or proximity of facilities and parks. A local property dealer knows the ins and outs of such finer details and should be able to provide perfect guidance.
For those not in the know Berlin has its set of laws applicable to buying properties, especially from an investment perspective. If you aim to get a genuine return on investment then you must also know the locality, prevailing prices and the appreciation you can expect for such property investments or the rental values. A visit is necessary to help you decide. Even then finer points may escape you. The wisest course is to engage a Berlin real estate agency to assist you from start to finish and that includes advice and discussion of your objective.
As a buyer you must know that procedures in Berlin are unique to this city. You will be expected to pay a land tax of 6%, legal fees amounting to 1,2% and registration fee of 0.5%, with only one signature being necessary for recording the purchase, a process that can take about a month or more. If and when the property is sold, you are liable to tax and attendant tax benefits such as 2 or 2.25% depreciation. If you sell the property within 10 years of purchase and have not occupied it, then you are liable to pay heavy capital gains appreciation tax. During the interim period you could consider renting out the property and getting returns. For this reason, as a buyer, you would need to consider location, prevailing prices, future expected gains and rentals as well as tax considerations. A Berlin realtor not only advises and guides; he also helps devise the right investment strategy.
Then there are related matters such as arranging finance. Local banks may extend up to 60% of the property value as funding for investment in real estate. A local bank account is necessary to carry out transactions or for deposit of rental amounts should you decide to rent out the purchased property. In both areas your real estate agency of Berlin proves extremely helpful.
The first step to investment in real estate in Berlin is to contact the best local agent and work out a strategy aligned with your objectives and budget. Success follows.
About the Author: This article is written by Martin Boelter on behalf of GateBerlin, this is having topics on Your Berlin property for sale, Berlin Apartments for Sale and for more information click here:
Sunday, November 6, 2016
The following is the sixth and final edition of a monthly series chronicling the U.S. 2016 presidential election. It features original material compiled throughout the previous month after an overview of the month’s biggest stories.
In this month’s edition on the campaign trail: the Free & Equal Foundation holds a presidential debate with three little-known candidates; three additional candidates give their final pleas to voters; and past Wikinews interviewees provide their electoral predictions ahead of the November 8 election.
- 1 Summary
- 2 Free & Equal Debate
- 3 Final pleas
- 4 Predictions
- 5 Related articles
- 6 Sources
Saturday, November 4, 2006
On November 13, Torontonians will be heading to the polls to vote for their ward’s councillor and for mayor. Among Toronto’s ridings is Don Valley East (Ward 33). One candidates responded to Wikinews’ requests for an interview. This ward’s candidates include Zane Caplan, Shelley Carroll (incumbent), Jim Conlon, Sarah Tsang-Fahey, and Anderson Tung.
For more information on the election, read Toronto municipal election, 2006.
Wednesday, February 6, 2008
Wikinews held an exclusive interview with Wayne Allyn Root, one of the candidates for the Libertarian Party nomination for the 2008 U.S. presidential election.
Root is the founder and chairman of Winning Edge International Inc., a sports handicapping company based in Las Vegas, Nevada. In addition, he is an author and a television producer, as well as an on-screen personality both as host and guest on several talk shows.
Root, a long-time Republican, declared his candidacy for the Libertarian Party on May 4, 2007.
He says he is concerned about the qualities of many who run for president, and fears that they do not know the needs of American citizens. He also says that they cater to big businesses instead of small ones.
He has goals of limiting the federal government and believes that the US went into Iraq for wrong reasons. A strong supporter of the War on Terror, he feels that it was mishandled. He has conservative values and came from a blue collar family in New York. He graduated from Columbia University with fellow presidential hopeful Barack Obama in 1983.
Root believes that America is in trouble and hopes to change that if elected.
By Everett Maclachlan
An auto loan refinance works much the same way a mortgage refinance does. Basically, you are exchanging one loan for a new loan with terms that better suit you. The new loan may have a better interest rate, or it may allow you to change the amount due on your monthly payments.
At the end of an auto loan refinance, you could choose to end up with a larger or smaller loan balance. For example, someone who has “equity” in their car (i.e., who owes less on the current loan than the car is worth in terms of resale value) may choose to actually increase the size of their loan in order to get access to some extra cash.
On the other hand, someone else may refinance in order to reduce the size of their monthly payments, either through qualifying for a lower interest rate or by actually paying down the loan a bit for the sole purpose of reducing payments.
Auto loan refinancing can be certainly done through your existing auto lender, but it makes sense to shop your refinance around in order to get the best-possible deal. If you have bad credit, it will be wise to learn how to go about getting a bad credit auto refinance, since the rules are a bit different for bad credit individuals.
If you are interested in learning more about bad credit refinance auto loans, these 5 tips can help:
1. For most auto lenders, a bad credit score is a deal-killer:
As you may already know, most auto lenders who work with loan refinancing focus on one thing and one thing only: the borrower’s credit score. If you have a score below 600, you will have trouble getting a good rate with these lenders. And, if your score is below 550, you may not get approved at all.
2. If you have bad credit, you need to learn how to use it to your advantage:
Most bad credit individuals who figure this harsh fact out just give up on the spot. However, you can actually learn to use the fact of your low FICO score to your advantage. That is because some car financing companies actually look for people like this as their ideal customers.
3. Start by targeting bad credit refinance auto lenders:
You will want to start your search for the right lender by looking for auto refinance lenders who actually advertise themselves as being “bad credit” lenders. That is your tip-off that they are geared toward looking beyond the credit score to extend a refinancing loan.
4. Prepare yourself to answer questions about your credit report:
These lenders may still refer to your credit report during the application process, so be sure to run your report well in advance of applying with any of the lenders. Be prepared to explain about any major glitches on your report.
5. Be ready to discuss other aspects of your life and career:
While lenders reviewing your application will never ask you anything too personal, they may well ask questions about your employment history (past and current), as well as about your residential history (e.g., do you rent or own?, etc.).
Follow these 5 tips as you apply for auto refinance loans, even with a low FICO score.
About the Author: Get a list of bad credit auto refinance lenders in your area at:
Bad Credit Auto Loan Guide
Friday, August 18, 2006
Web.com, a web-hosting and online services company, has released its second quarter financial results and associated statements – and it’s clear that the company has experienced both the ups and downs of executing on its goals.
On the upside, the company achieved an industry-first achievement of securing a non-exclusive license agreement with Hostopia.com Inc. last month. The agreement granted Hostopia rights to two of Web.com’s patents over five years on a non-transferable basis. The specific licensed patents were U.S. Patent numbers 5,680,152 and 6,789,103 and broadly cover methods for website building and web hosting control panels. Importantly for revenues, the license agreement states that Hostopia will pay Web.com a royalty equal to 10% of their gross U.S. retail revenues for five years.
On the downside, the company failed to deliver on the expected and announced acquisition of Houston-based WebSource Media – a business offering “easy and affordable built-to-order websites”. The announced acquisiton was to have added about $9 million in annual revenue to Web.com.
However, according to published reports from Web.com, the company filed to rescind its acquisition of WebSource media just about one month after the announcement. This action was taken after the Federal Trade Commission filed a sealed action in the United States District Court for the Southern District of Texas against WebSource Media, L.L.C. and its members – alleging unfair and deceptive acts and business practices prior to the acquisition.
In a press release issued by Web.com, President and CEO Jeff Stibel discussed the effects of the rescinded acquisition on the second quarter resutls, “Web.com continued to drive subscriber growth across its core website and web services plans by refining our sales and marketing efforts and working closely with strategic distribution partners. While we had unfortunate news about an acquisition we made during the quarter, the company has moved on and is working on further solidifying its position as a leader in the industry.”
On the financial side of the report, Web.com reported that total revenues for the quarter were $12.1 million, down from $12.3 million in the first quarter of 2006. The second quarter marked the last quarter of recognizing Verizon revenues (a deal that was initially cancelled in December 2004 and terminated in the second quarter of 2006).
On the organic customer acquisition side of the equation, the company reported that net subscribers totaled approximately 148,000 for the quarter, down from approximately 149,000 in the first quarter of 2006. The reduction in the second quarter as compared to the first quarter includes the loss of approximately 3,200 Verizon subscribers. Excluding the loss of Verizon subscribers, the company added approximately 1,600 subscribers in the quarter.
Tuesday, February 2, 2010
Barack Obama, the US President, has announced a budget plan worth US$3.83 trillion for next year. The budget includes additional spending for job creation, but cuts for other areas. The president also forecast that the national debt would reach $1.56 trillion in 2010.
Among the cuts proposed include scrapping the Constellation program, a plan to send astronauts to the Moon by 2020, and capping some domestic spending programmes for three years. Overall, the cuts are predicted to save $250 billion. There is also $100 billion in tax incentives aimed at hiring workers. US residents with incomes of over $250,000 per annum, however, would be given higher taxes, partially offsetting that.
Other increases in the proposed budget include; $48 billion for veterans’ medical care, or an increase of eight percent; $53 billion for homeland security; $310 million to shut down the Guantanamo Bay prison. He also suggested freezing spending for some federal programs and departments and programs for three years, exempting Medicare, Social Security, and national security.
In order for the budget to take effect, Congress must approve it by the beginning of the fiscal year starting October 1.
When introducing the budget, Obama stated that “we […] continue to lay a new foundation for lasting growth. Just as it would be a terrible mistake to borrow against our children’s future to pay our way today, it would be equally wrong to neglect their future by failing to invest in areas that will determine our economic success in this new century.”
At the White House, he also commented: “It’s a budget that reflects the serious challenges facing the country. We’re at war. Our economy has lost seven million jobs over the last two years. And our government is deeply in debt after what can only be described as a decade of profligacy […] “It’s very important to understand,” the president said. “We won’t be able to bring down this deficit overnight, given that the recovery is still taking hold and families across the country still need help.”
The budget plan reads: “These estimates do not reflect any policy decisions about specific military or intelligence operations, but are only intended to indicate that some as-yet-unknown costs are anticipated.”
||It will be impossible to bring the deficit down unless the economy is up. The budget the president is sending Congress today puts a priority on those objectives
“It will be impossible to bring the deficit down unless the economy is up. The budget the president is sending Congress today puts a priority on those objectives.” The president blamed the previous George Bush administration for the financial difficulties, saying: “Over the course of the past 10 years, the previous administration and previous Congresses created an expensive new drug program, passed massive tax cuts for the wealthy and funded two wars without paying for any of it, all of which was compounded by recession and by rising health care costs. As a result, when I first walked through the door, the deficit stood at $1.3 trillion, with projected deficits of $8 trillion over the next decade.”
“It will be impossible to bring the deficit down unless the economy is up. The budget the president is sending Congress today puts a priority on those objectives. It keeps one eye on the economy and the other on the deficit,” remarked Democrat Representative John Spratt from South Carolina.
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Republican senators, however, criticised the plan, citing the proposed tax increases, and suggesting that the deficit is an indication Obama isn’t able to control government spending. “President Obama is submitting another budget that spends too much, taxes too much and borrows too much,” said the House Minority Leader, John Boehner. “Serious fiscal responsibility requires more than a few cuts here and there at the margins. Republicans have proposed adopting strict budget caps that limit federal spending on an annual basis and are enforceable by the president.”
||this budget provides a startling figure that should stop us all in our tracks
Senate Minority Leader Mitch McConnell commented that “this budget provides a startling figure that should stop us all in our tracks. According to the administration’s budget, the interest on the federal debt is expected to be nearly 6 trillion dollars over the next decade. We’ve all heard about interest-only loans, but this is the equivalent of an average of $600 billion dollars in interest every year. That’s an astonishing number.”
Republican Senator Judd Gregg also was critical of the plan: “These circumstances call for a bold, game-changing budget that will turn things around, put in place a plan to restrain spending, reduce the debt and tackle the big entitlement programmes that are growing out of control. Instead, the president has sent us more of the same.” He described the financial situation as being a “quagmire”.
Obama’s proposal to pull the space plan also drew fire from Republicans. “The president’s proposed Nasa budget begins the death march for the future of US human space flight,” said Republican Senator Richard Shelby. Obama, however, described the Constellation programme as being “over budget, behind schedule, and lacking in innovation”, and said it was draining resources from other activities at NASA.
Thursday, July 3, 2014
Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.
Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).
Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.
In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”
An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.
Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.
Learn How To Handle Any Plumbing Challenges
One plumbing disaster can have catastrophic effects on your home and possessions. The tips in this article will help give you the knowledge you need to start fixing your own plumbing problems.
You can check for damage to the floors around the toilets by checking for soft areas. Do this by straddling the commode and rocking from side to side. You are looking for any feelings of weakness or softening of the floor itself. It’s important to catch and address floor damage problems as soon as possible. The longer you wait, the more expensive the repair will be.
A great tip to use to stop your septic tank from backing up is to make sure you have it pumped at least every five years. Having your septic pumped will keep sediments from settling to the bottom of the septic tank and causing the tank to malfunction or backup. It may be a bit expensive to pump a septic tank, but it will be very expensive to clean up an emergency sewage problem.
If a plumbing project is in your future, know two things: what tools you have, and how you are supposed to use them. Use as many resources as you need, such as online or the library, to find the right information to repair your plumbing issues. Before undertaking repairs on your own, you should have a plan; otherwise, a mistake could make repairs even more costly.
Do not put any oil, fat, or greasy foods or products in your sink. They can clog your drains once they cool down. Your garbage disposal is particularly vulnerable to this issue, as the fat solids will slow the motion of the blades. This results in the disposal operating less efficiently. Pour the grease and oil into a can to cool, put it in the trash.
Place a strainer on top of every drain so that you collect all debris that has the ability to clog the drain. Clean out the one in the kitchen whenever there’s something trapped there that shouldn’t be. You should clean out the strainer in your bathtub often.
Run cold water through your garbage disposal. The cold water will help keep the blades nice and sharp and will allow for a much smoother disposal. If you use hot water, any grease in the disposal will turn into liquid, while causes pipe clogging.
If you are seeing water at the bottom of the dishwasher, most likely this is due to a faulty setup of the hose that leads from the kitchen sink. The hose that runs from your kitchen sink to your dishwasher needs to be positioned uphill, and then bend back downhill to prevent the water from each device mixing.
To keep your garbage disposal working at its best, use plenty of cold water when you turn it on. The cold water will help keep the blades nice and sharp and will allow for a much smoother disposal. When you use hot water, any grease that is in the garbage will melt and be more prone to stopping up your drain.
You can save money if you have the skills, tools, and ability to fix small plumbing problems yourself. Fabulous! The tips in the article were brought together to help you with your plumbing problems and keep you informed about plumbing issues. Plumbing is an area where the learning never stops. You might have found a great idea or a new “regular” when it comes to your plumbing jobs.
You must approach plumbing services using the data we’ve presented here in order that everything works out perfectly. In all you carry out, you always aim for quick results, however you should be patient enough to have this construed. Indeed, a useful website which can be your way to obtain help about this particular topic is
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Learn How To Handle Any Plumbing Challenges
The time is 20:30 (UTC) on July 27th, 2006, and this is Audio Wikinews News Briefs.
- 1 Headlines
- 1.1 Hamas denies that release of Israeli soldier is “imminent”
- 1.2 Current Israel Hezbollah conflict being compared with “Operation Grapes of Wrath”
- 1.3 In new video, Ayman al-Zawahiri warns that Israel will “pay the price” for attacking muslims, calls for holy war
- 1.4 Saddam Hussein to learn his fate in October
- 1.5 Obrador declares himself President, plans protests
- 1.6 Miner dies after being struck with hose in Central Western NSW
- 1.7 Tube train evacuated after a landslide in west London
- 1.8 Landis wins, then fails drug tests
- 2 Closing statements