The document summarizes a meeting that took place on January 10, 2008 at the Rancho Bernardo Community Presbyterian Church. The meeting, which was the fourth in a series of Wildfire Roadmap to Recovery meetings, discussed strategies for dealing with underinsurance issues. Several options were presented, including private construction loans, SBA loans, participating in group rebuilds, using contents insurance money to fund home reconstruction, and utilizing the CDI mediation program.
Oltersdorf Realty Home Buying Presentation, Leelanau, Grand Traverse, Travers...Oltersdorf Realty, LLC
Please take a moment to browse our detailed guide for homebuyers geared especially towards first time home buyers in the Traverse City region (Leelanau and Grand Traverse County). The combination of decreased home values, low interest rates, and federal incentives make this a very attractive time to purchase your first home or to be a move up buyer. Topics covered include: The current Traverse City real estate market, the buying process, buy vs. rent, tax incentives, home buyer credit, finding an agent, securing a loan, and protecting your investment. Please visit http://www.oltersdorf.com for additional information!
Table of Contents
Three Great Ways to Split the House after a Divorce.
Four Tips on How to Prepare For Divorce Mediation.
Three Wrong Notions Most People Believe About Property Division in A Divorce.
Oltersdorf Realty Home Buying Presentation, Leelanau, Grand Traverse, Travers...Oltersdorf Realty, LLC
Please take a moment to browse our detailed guide for homebuyers geared especially towards first time home buyers in the Traverse City region (Leelanau and Grand Traverse County). The combination of decreased home values, low interest rates, and federal incentives make this a very attractive time to purchase your first home or to be a move up buyer. Topics covered include: The current Traverse City real estate market, the buying process, buy vs. rent, tax incentives, home buyer credit, finding an agent, securing a loan, and protecting your investment. Please visit http://www.oltersdorf.com for additional information!
Table of Contents
Three Great Ways to Split the House after a Divorce.
Four Tips on How to Prepare For Divorce Mediation.
Three Wrong Notions Most People Believe About Property Division in A Divorce.
Here is a great document about stopping the foreclosure process in Michigan. You can also find more information at www.stopmichiganforeclosure.com it is a website with a lot of valuable information about avoiding foreclosure on your home in Michigan.
Gary Zimmermann from ENVOY MORTGAGE did his presentation on 03/28/12 at the Milwaukee Networking Club. Check out the presentation and the video clip and if you want more information goto
http://milwaukeenetworkingclub.net/envoymortgage.htm
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
1. Wildfire Roadmap to Recovery:
Wildfire Roadmap to Recovery:
Meeting #4, January 10, 2008
Meeting #4, January 10, 2008
Rancho Bernardo Community Presbyterian Church
Rancho Bernardo Community Presbyterian Church
Strategies for dealing with underinsurance
Strategies for dealing with underinsurance
Karen Reimus
www.unitedpolicyholders.org
2.
3. Fine print:
Information provided in this program is intended for
general educational purposes only. It should not be
construed as legal advice.
The speakers at today’s program are volunteering their
time as educators.
Neither United Policyholders nor the Rancho Bernardo
Community Presbyterian Church endorse or warrant the
message or services of any volunteer speakers.
4. Underinsurance: The bottom line
Underinsurance has become such a common problem after large scale
disasters that United Policyholders has an entire section of our website
devoted to the subject. (“Claim Tips” section, “Underinsurance Help”)
Homeowners use a variety of strategies to cope
You will hear rumors about other people’s outcomes
There is no “one size fits all” path
Pursue all avenues to get the insurance company to cooperate informally
If you have a strong case, use our civil justice system – a cornerstone of our
democratic system.
If you do not have a strong case, pursue alternatives
United Policyholders is working hard to help current and future disaster
survivors avoid and deal with this problem
5. Scoping out and adding up your total losses
is important…whatever path you choose
WHAT:
A package of documentation that includes:
- A well prepared scope of loss (Dwelling)
- Personal Property inventory (Contents)
- Receipts for all incurred expenses (All categories of coverage)
WHY:
1) You’ll need this for whatever strategies you use (insurance, tax code provisions, loans, etc.)
2) Replacement cost policies pay for the cost to replace what you had. Your insurer doesn’t
owe you full replacement unless you prove you have spent or will spend all you’re owed.
3) Your insurer may waive policy requirements and give you flexibility in using your policy benefits
but having a scope of loss/cost basis agreed upon up front makes it more likely they will.
** People run into trouble all the time when they try to negotiate building a different house BEFORE
there’s an agreement on the amount of money owed for the house they had and lost.
HOW:
1) Get ideas and guidance from your Disaster Recovery Handbook
2) Hire a qualified professional to prepare your dwelling scope of loss
6. Scope of loss basics:
WHAT: Defines, describes, details “as it was” dwelling loss
HOW: Trades/materials/quantities should be clearly
spelled out, format should look professional
WHY: The cost to replace your old home, “as it was” is generally
what your insurer owes. You need to know what that cost was
before you can negotiate to build something different.
- A scope of loss is not the same as an estimate
- A scope of loss should allow estimates to be prepared and compared
“apples to apples”
- A scope of loss is the basis for an independent, credible
repair/replacement estimate
- A professionally prepared scope of loss
can cost @ $3,000-$7,000
7. Paths others have used:
Private Construction Loans
SBA Loan – (DEADLINE past)
Group Rebuild
Building a smaller or cheaper home
Shifting non-dwelling insurance funds to fund
dwelling replacement
Manufactured and Modular homes
Casualty loss deductions permitted by the IRS
8. What are the alternatives to suing to
settle a claim dispute?
Mediation, Arbitration, Appraisal are three of the most popular
alternatives to insurance litigation.
In MEDIATION, the parties work with a third party to negotiate a
resolution of their dispute in an informal, voluntary process.
An ARBITRATION may be binding or non-binding, and is more
formal than a mediation. The arbitrator may dictate the result, or
simply work with the parties to reach a result.
APPRAISAL is a procedure mentioned in most policies as a way to
resolve a dispute over the value of a loss. It is done by a third party,
but may not be legally binding.
9. Pre-Mediation/Arbitration
“To-Do” List:
Seek a mediator/arbitrator who is experienced in litigating or resolving insurance
coverage and bad faith cases
Seek a mediator/arbitrator who is disinterested and reasonably priced.
Insist that the insurance company rep must have sufficient dollar authority
to pay what you need
Make sure to exercise your right to get copies of “all claim related
documents” in your insurer’s files prior to the mediation/arbitration.
(CA. Ins. Code sec. 2071)
Consult with or bring an attorney, especially if the insurance company is bringing
one
Keep your expectations low and be ready to walk away without settling. Many
disputes settle after the initial mediation/arbitration, so you may only be laying
the groundwork for a future settlement
Prepare, Prepare, Prepare
Giving the mediator/arbitrator a written summary of
your position in advance of the meeting is always very helpful
Don’t be intimidated – You are a powerful participant in the process
10. Our heartfelt thanks to:
The Rancho Bernardo Community
Presbyterian Church
All our UP Mentors and Sponsors
Tonight’s speakers
11. Taking Out A Private Construction Loan to Rebuild
and Firsthand Overview of the Rebuild Process
David R Shalinsky, PhD
drshalinsky@aol.com
12. Considerations for Paying Off
Existing Loan
Balance and interest rate on existing loan
variable or fixed rate
loan term/years remaining
In our case,
Variable rate
21 yrs remaining w/ $290K balance
Equity ≥ $450K
Initial insurance proceeds >$600K
13. Shalinsky Family
Growing anxiety
2/2005
March – November 2nd Floor framed
Hoping & Praying:
Ground Breaking 9/18/04
12/2003 Foundation 11/2004
Site cleared Poured 1st Floor framed
* * 6/14/04 12/2004
10/26/03 8/14/05
Firestorm Nov - May Blessing Land Leave of Home!
Dealing with change, change, change…
Absence
Paid off old home loan
Choosing architect/builders Choosing paints, decorations,
Designing home/ HOAs, Permit process furniture, decisions, decisions!
Securing new loan {Planning your move – Ordering
Secured construction Furniture, 3 – 4 month lag}
loan
Don’t forget the landscaping - 6 mo!
14. Construction Loan
Special incentives/discounts/sensitivity
Decided to shorten loan term
15 year term
fixed rate historic lows (4.87%, Spring 2004)
Some leverage for Rebuild situation
ultimately waived extension of fees when rebuild
lasted longer than 2 yrs
Be aware of the term: Clock is ticking
when loan closes (15 yrs from COE)
Got a nice surprise here!
15. Taking out an SBA Loan
Chick Osgood
cosgood@san.rr.com
16. My SBA Loan Experience
Strategy - Consistent, true message
Don’t depend upon it
17. My SBA Loan Experience -
continued
Told “Don’t pay off your mortgage”
Have to establish that you are under insured
But, SBA wants to be sure you have spent
insurance. (catch 22)
Owner-Builder complicates situation
(my situation).
Be prepared to wait. Keep log of calls.
Could be phone “on hold” for long time
Have to be qualified for loan
19. From the Ground Up:
Utilizing contents money to rebuild
Julie Robinson
djrobinson4@san.rr.com
20. Whatever it takes…my experience
My strategy
First build the house and then worry about
filling it later…
Prioritizing funding
Maximize contents and insurance dollars
College daze all over…
21. Whatever it takes…my experience
continued
Contents money is yours today!
Work to get a full check paid.
I was not required to provide ANY receipts for
content replacement – they didn’t care…
Built my extensive list over 6 months
(available to share if you’d like, your kitchen probably looked a lot like
mine…)
Target the bottom line to exceed limits for full
payment
22. Building your Contents List –
not easy, but often necessary…
Mentally visit each area of house
Be careful not to underestimate qty, cost
Recommend outlining each item
Remember it’s REPLACEMENT cost, not
what you paid at the time…
Estimate depreciation to calculate bottom
line
Submit as partial
(since I still recall what I forgot to include…)
23. It’s your money…
Provide even a partial list ASAP to get
your money ASAP.
Once limits are met, don’t care how you
spend it…
24. Using the CDI Mediation Program
Lisa Yates
lyates@san.rr.com
25. CDI Mediation Program
Leone Tiffany
Chief of Consumer Services Division,
California Department of Insurance
tiffanyl@insurance.ca.gov
26. Break Out Sessions
Open to 9:30 pm: Firm Stop time
Upstairs:
State Farm : Dormer West
Farmers : Skylight West
Allstate : Upper Courtside East
Sanctuary