If someone says that they are a "self-made" success who did it all completely by themselves with no help from anyone, they are probably stretching the truth. Success never usually happens in a vacuum. The definition of success is that something is recognized and respected by others. Honest business people recognize and appreciate the help that they received from others. They know it was a big part of what made them able to achieve success. Clever people, when they are just starting out in … [Read more...]
What Is Eminent Domain?
Eminent domain is a law that gives the federal, state, county, and municipal governments in the United States the legal right to "condemn" property and then seize it to allow its use for development. Eminent domain is supposed to be used by the government at the various levels to do things for the public benefit, such as to build new roads or construct new public schools. Compensation Under Eminent Domain Seizure The government cannot take property without compensating the owner for its market … [Read more...]
The Community Reinvestment Act Explained In Simple Terms
The federal government adopted the Housing and Community Development Act in 1977, and the Community Reinvestment Act (CRA) portion was designed to prompt lending institutions to provide mortgages for low- and moderate-income Americans. The underlying reasoning for the CRA was to discourage discriminatory lending practices that inhibited low-income communities and neighborhoods. Over the years, its regulations have been revised to improve effectiveness. During the early 1990s, upwards of five … [Read more...]
Pros And Cons Of Installing A Pet Door
If you've just moved into your new home and you have a pet, you may be thinking of installing a pet door. A pet door is a permanent door feature that is cut into the bottom third of an entry door. Before making a permanent alteration to your door, consider the pros and cons of installing a pet door. Pro: Your Pet Can Come And Go As Needed A pet door could cut down on indoor pet accidents if that's a problem you've had to deal with in the past. This is especially convenient if you get home … [Read more...]
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