Archive for the ‘Money’ Category

Rally Tires for sale

Tuesday, April 12th, 2011

Rally Tires for sale
Kumho R700 205/60R15

Kumho Rally Tires for sale

For sale 4 used Kumho Rally Tires. They have about 70% tread left on them. They would be good for stage rally or rally cross.

Average tread depth

Currently they are mounted on Jeep wheels. I can include the wheels or pull the tires depending on what you need. The wheels are 5 on 4.5 with fits the Mitsubishi Eclipse and many other cars as well as the Jeep.

I also have one brand new Kumho Rally tire on a new wheel for sale separately.

New Kumho Rally tire for sale
Kumho R700
Mounted on new Jeep ZJ wheel

Make an offer.

Real Estate Mortgage – Seven Important Questions

Wednesday, March 23rd, 2011

Real Estate Mortgage – Seven Important Questions

When shopping for a real estate mortgage, many questions arise. Often the advice from friends and family is confusing and misleading. There are many rumors and old wives tales concerning real estate financing, so I asked a mortgage broker to get the real answers.

1. Are there any programs that can help a single parent get a loan?

Yes, there are. One program in our state is the THDA or Tennessee Housing Development Agency. Other states will have similar programs. The THDA provides grant money to assist with making a down payment on a home loan. Another program which helps single parents is the USDA. The USDA provides 100% financing in some situations. Your mortgage broker can give you more information on these programs in your situation.

2. If a single parent has had an FHA loan before, can they qualify for another FHA loan?
Yes, but restriction may apply. You will need to discuss the qualification requirements with your mortgage broker. A good broker will help you through the qualification process.

3. What is an FHA loan?

An FHA loan is a standardized mortgage loan that is easy to obtain. The advantages of the FHA loan are no prepayment and it is backed by the US government making it easier to qualify at a lower interest rate.

4. What items do lenders look at when someone is applying for a loan?

Al lenders will look at the same qualifying factors: Credit history, Income and Assets. When applying for a loan, you will need to give the lender access to your credit reports and provide proof of income and your assets.

5. How long after a bankruptcy does someone have to wait to get a home loan?

Typically the wait is two years. However there are many variables and the rules have been changing lately. Contact your mortgage broker for the latest information.

6. How can someone rebuild credit to be able to qualify for a home loan?

One suggestion is to add a secured credit card and leave it at a zero balance. Check your credit report and dispute any negative items. But, the most important step is to just be patient and let the negative items fade away with time.

7. What is the recommend down payment for a home mortgage?

Three and a half percent is generally the minimum. That would be $3500 on a $100,000 loan.

Knowing the answers to these common questions can help you be more prepared when you contact a loan officer about a home loan or other real estate mortgage. There are many online resources that can help you determine you collect the information needed to prepare to apply for a loan.

To learn more about a mortgage or refinancing, contact Hometown Lenders of Clevalend

Do I need a job before applying for a loan?

Tuesday, January 25th, 2011

Do I need a job before applying for a loan?

Having a job is usually a plus when applying for a loan. But don’t be like this guy:

At Westvaco we had an extensive hiring process. The process consisted of a set of written tests and multiple personal interviews both with potential supervisors and potential co workers.

This one fellow made it through the long process and was selected for employment. He was assigned to a shift and given a start date and time. He never reported for work. Repeated calls to check on him went unanswered.

We had given up on him ever coming to work. Then about a week later our Human Resources director got a call asking to verify his employment. The director explained that he had been selected for employment but had yet to report to work and therefore his offer for employment had been revoked.

Apparently the guy was sitting across the desk from the loan officer at the time. He got the news that he had been fired for absenteeism before he even started to work.

So the moral of the story is: you don’t just need to get hired, you actually have to show up for work to be considered employed.

To avoid hassles and get a great rate on a home loan, see the friendly folks at Home Town Lenders LLC.

ZJ Dana 35 rear

Friday, December 31st, 2010

Today I sold the rear axle form the ZJ parts car I have had for a while . I bought this burned out ZJ just to get the rear brakes to put on Scuffy.

Many parts have already been scavenged off it and there is not much left. I have been planning to haul the rest to the scrap yard and with steel prices up now may be the time to take it.

However, last week I got a call from someone needing a rear axle. I asked for their axle in return so that I would have a way to load it on the trailer when I haul it off.

As I was getting ready to load their old axle, I wiped off the tag and noticed that the ratio was different form the one I had just delivered.

I left it with them any way. I showed them places to buy the right gears.

I also had to help them pull the backing plates off the axle for the brakes. They seemed surprised that someone had pulled the axles out just to remove the backing plates. They did not seem familiar with how to pull the c clips so I helped them install the backing plates on the axle I sold them.

To pull the axles, you have to remove the center pin form the diff. On the ZJ Dana 35 this involves removing a 6mm 12 point screw. He did not have the right tool so we hammered on a cheap 6mm six point that got enough bit to pull the screw. With the screw out, simply slide the pin out. Be careful not to spin the carrier as the spider gears will fall out of place.

With the center pin out, the axle shaft can be slid in enough to drop off the C clip. The the axle simply slides out. To reinstall the axle, you have to lift up a bit on the shaft to get it to pass through the bearing. Then slide it in and slip on the clip. Then pull back to seat the clip in the spider gear. Reinstall the pin and the screw to put it all back together.

Forty Nine

Wednesday, December 1st, 2010

Imagine cruising down the interstate enjoying the view through a big glass windshield. The stars are bright and your destination is miles away. You are driving along with out a care in the world. Everything is going well and you expect to arrive at your destination at exactly the scheduled time. Music plays softly in the background and the clatter of the engine combines with the roar of the tires on the pavement to allow you to settle deep into the warm comfortable driver’s seat.

Then suddenly your vision is blurred and glass shatters in front of you. A large lump of something lands in your lap as you try to control your bus and protect the precious cargo of passengers behind you. Someone has just gotten their jollies by dropping a large object from the bridge above you. You safely pull the bus to the side of the road and inspect the damage. Miraculously you are still alive. Just a few cuts and scrapes.

Glass is scattered through out your bus but none of the passengers are seriously injured. Everyone is OK but you will not make your destination on time. And your bus is going to need some serious repairs. It could have been worse. Like it was for a woman a few years ago who had a stone dropped through her from possibly the same bridge. She died from her injuries.

So it could be worse, but still it is pretty bad. What fun it must have been for the hoodlums who tossed the weight into the bus wind shield? Did they even get to see the crash in the darkness? A whole bus load of students returning from a trip are jolted from their peaceful ride by a senseless act.

This story is from this week’s news. A bus load of Lee University students was attacked as it cruised home on I 75 this week.

I read somewhere that life goes through seven year cycles. If so, then this is the end of my seventh cycle. Tomorrow I will be fifty.

I feel like this cycle of my life began with something crashing through the windshield of my life. I was comfortably cruising along in my career as an engineer for Westvaco Corporation. I had comfortable pay. I was good at what I did. People respected me and I was surrounded by friends. While there were many things I did not like about corporate life, I was very comfortable. I had challenges to keep my mind occupied and a comfortable office to go to each day. I was ready to cruise on auto pilot to retirement.

Then, suddenly, my dream was shattered. The plant I worked at was closed. There was some fall out but I was not really injured. Just a few scrapes. The impact reverberated through the other parts of my life.

Suddenly, I was faced with struggling for finances and not feeling very useful. Much of my self worth was wrapped up in being an engineer for Westvaco. When I was not that anymore, I felt like I was nothing.

I tried a few other jobs but none of them gave me any satisfaction. I was not good at them so my self worth went down even more.

My old friends drifted away as they moved on to other jobs. I found my self in a very bad spot. I was alone and felt pretty useless.

In the process of rebuilding myself, I discovered the new thought movement. I discovered it entirely by accident. Or so it seemed.

I began reading books about how to make money and I discovered that there was a common theme in all of them. The idea was that we each create the circumstances that surround us rather than being manipulated by them.

As I studied concepts that were foreign to me such as the law of attraction and the law of mind action, I began to see evidence of their truths. I remembered times when I worked at Westvaco when I had observed this very phenomenon. But not having any basis for causal relationship, I dismissed it like any good engineer would.

I had once made the statement that Westvaco should pay me to be in a good mood because when I was, the presses ran better and if I was in a really good mood, we would set production records. If I came to work in a bad mood, then we had nothing but trouble.

But even after reading the Tao of Psychology, I refused to acknowledge the relationship between my moods and the circumstances. There was no way my emotions could cause outside circumstances was there?

During the last few months at Westvaco, I met a faith healer. The stories he told and the things I observed caused me to believe that there really was more to the universe than what I had learned in school. But I still but my faith in science. But to the true science of mind, just the traditional observational science.

As I studied more and read books by Deepak Chopra, Wayne Dyer, Charles Filmore and others I began to realize that there was something to this science of mind. I began to see that everything I observe is first created in my mind. I also began to understand what Wallace Waddles meant when he said that controlling the mind is the hardest and most import work any man can do.

I am still working on learning to control my thoughts. I often don’t feel that I have the freedom to create with my thoughts. My upbringing in a guilt based religion pops up often causing me to feel that I don’t have the right to even want certain things.

So as I begin my fiftieth year tomorrow, I am moving forward with excitement and wonder. I wonder what will happen next. I have moved way out of my comfort zone and most of my life lines are gone. I will be on my own to create the life that I desire. I can’t rely on anyone to do it for me. I am excited and scared at the same time.

I feel like I have wasted a lot of years getting to this point in life. I have always prided myself on being a fast learner, but in this most important area of life, I feel like I have been very slow on the uptake. Hopefully the pace will pick up and I will learn to release the old constrictions and begin to create a truly happy life that I want.

But first I have to feel like I deserve it.