SHADES OF FLASH GORDON....

Watch and listen to how drones work....

http://www.youtube.com/watch?v=QdpcSpLHu-8

 

 

EVER WONDERED HOW THE INTERNET WORKS?

http://www.wimp.com/internetworks/

 

 

FINDING AN UNCLAIMED PENSION

You, or someone you know, may be owed a pension. Below are options for searching PBGC's list of pensions that have been earned, but are unclaimed.
PLEASE NOTE: The lists you can search here do not include all people for whom PBGC is holding pensions or information about their pensions. It includes only those people whom PBGC has not yet been able to contact directly.
Search here for unclaimed pensions by the participant's or beneficiary's last name, the name of the company that provided the pension, or the state of the company's location.

Search by Name - either exact match or contains, Company or State.

http://search.pbgc.gov/mp/mp.aspx

 

GOOD NEWS FOR SOME, NOT SO GOOD NEWS FOR OTHERS!

A SELLERS MARKET
IS STARTING TO DEVELOP
IN SOUTHEAST FLORIDA...

good news for sellers, not so good news for buyers
as prices ARE starting to go UP !!

 

 

 

CATCH SOME HISTORY HERE

FLAGLER MUSEUM’S WHITEHALL LECTURE SERIES – PRESIDENTS OF THE GILDED AGE

Presidents to be discussed include Grant, McKinley, Garfield, Cleveland and Hayes. Here is an opportunity to listen to the lectures, watch the presentations and ask the lecturer questions. Authors of books about these men will be present and a book signing with the author will follow each lecture.

It can also be seen online. For first time users of the Flagler Museum's on-line room, you need to install a small, safe plug-in. When prompted please provide your first name and leave the password field blank. At the welcome page, click on the "Download Here" link. This will open a "File Download" dialogue box. Within that box, click on the "Run" button. Please be sure to configure your firewall to allow the Talking Communities software access to your computer and please disable your screen saver. No charge for online attendance.

Flagler Museum Members at Sustaining and higher levels can attend for free. Individual, Family and Life Members cost $10/each. Non-members costs $28 per lecture of $125 for a Series ticket and includes Museum Admission. More information here. The Museum is located at 1 Whitehall Way in Palm Beach. Call 561-655-2833 for further information.

You just might hear some similarities to our times right now. The more things change the more they remain the same?

EXCITING, INFORMATIVE, INSPIRATIONAL - A MUST WATCH!

Israeli Air Force documentary

Got to watch.

Password to view is iaf

https://vimeo.com/54400569

 

 

NEW APPRAISAL RULE FOR HIGH-PRICED MORTAGE LOANS

A new appraisal rule has been issued by The Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the National Credit Union Administration, and the Office of the Comptroller of the Currency.

Effective January 18, 2014, the final rule was issued on new appraisal requirements for Higher-priced mortgage loans (HPML).

A licensed appraiser must provide a written appraisal based n a physical visit to the property, creditors must disclose the purpose of the appraisal and applicants will be given a free copy.

If seller bought the property within six months and the current price exceeds a threshold written into the new rule, the creditor must also pay for a second appraisal.  This is intended to cut down on fraudulent property flipping by ensuring the property value has legitimately increased.  The types of exempt loans include qualified mortgages, temporary bridge and construction loans, loans for new manufactured homes and loans for mobile homes, trailers and houseboats.  Some rural areas and other transactions are exempt.

The complete rule can be downloaded from the Federal Reserve’s website.

Message from Jeff Atwater, CFO, State of Florida January 2013

After having stumbled in the wake of the recession, the U.S. Census Bureau affirmed that Florida has again become a top destination for Americans. 

Florida also is setting itself apart on a national scale by continuing to excel at education compared with other states and the country as a whole. While many challenges must be overcome, this past year has been a hopeful indication for the future.

“FISCAL CLIFF” NEGOTIATIONS: NEXT PAYCHECK TO BE REDUCED

Article Summary:

The White House and Congress have finalized the details and the President has signed off on the terms to avoid the "fiscal cliff". But what is coming up are fights over entitlements and the debt ceiling issue. We will cover these in the next few editions. On a summary basis, here is what may impact you now and throughout the year


First, what was NOT in the final outcome.

All wage-earners who have taxes withheld from their paycheck will see an impact in their first full check in 2013. Under the Social Security tax holiday granted two years ago, the 6.2 percent payroll tax was cut to 4.2 percent.  In 2013, the amount withheld will go back up to 6.2 percent.  If your annual salary is $50,000, expect to have about $1000 less in take home pay over the year or about $20 per week. If you earn $100,000 per year you will most likely see $40 to $45 less per week in your take home pay.

Now the major provisions that will be enacted:

• Tax rates will rise for income above $450,000 and individuals above $400,000. All income below these thresholds will be taxed at current rates.
• The tax on capital gains and dividends will be permanently set at 20 percent for those with income above the $450,000/$400,000 threshold. It will remain at 15 percent for everyone else.
• Also extended for five years: The 2009 tax breaks for low-income taxpayers including the Earned Income Tax Credit, the Child Tax Credit, and the American Opportunity Tax Credit
• The Alternative Minimum Tax will be "patched," so as to not impact  the middle class wage-earners.
• Federal unemployment insurance will be extended for one more year.

GL HOMES BUYS AG RESERVE LAND SOUTH OF BRIDGES ON LYONS ROAD FOR 610 SINGLE FAMILY HOMES

Estimation is that GL Homes now owns 1300 acres in a rectangular-shaped area north of Clint Moore Road.  It is expected that they will build communities similar to The Bridges, but there are no immediate plans to break ground on the property.  Purchase of two parcels bought separately was reportedly for $150MM.

The Agricultural Reserve was formed, 21,000 acres, in 1947 to preserve farmland, and County rules have changed to allow suburban-style clusters as long as 60% is set aside for preservation.  Both newly purchased parcels have been recently used for farming.

According to Brad Hunter, Chief Economist with housing research firm Metrostudy, said that, “GL homes has five developments in the Lyons Road corridor stretching from Boca Raton to Boynton Beach that managed to thrive even during the worst of the real estate collapse.”  He also said that, “There’s not a lot left for people to choose from in that sub-market…It’s a proven market with a huge amount of demand, so I think their success will continue in this location.”

The new Delray Marketplace will be opening soon with Publix, many shops and restaurants.

According to the Palm Beach Post, Bridges had sold 246 homes as of December 17^th.