Charles Rutenberg Realtor Lawrence Herstel
(813) 535 4770 1545 S Belcher Rd, Clearwater, FL
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“Loan-to-value Ratio”
“Loan-to-value ratio is a test you have to take when applying for a loan to see if you have the kind of values of a person who promptly and reliably repays loans at reasonable interest rates. You may only use a No. 2 pencil on this test and please fill in all the bubbles as neatly as you can to avoid inconsistencies in grading. ” -Eric S.
“Something we were not taught in high school mathematics.” -Kyle D.
“The congruence of my mind on my money with my money on my mind.” -Mandy C.
The actual definition: The ratio of the amount of money owed on a home to the home’s value. The LTV ratio for a $100,000 home financed with a $90,000 mortgage would be 90%, for example.
“Mortgage Insurance”
“A monthly payment for your monthly payment to be paid until you die. -Kyle D.
“Two concepts that teachers told us were important in school but never fully explained.” -Emily C.
“Insurance on your mortgage because life is unpredictable, and things might happen.” -Clark M.
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The actual definition: Money paid to insure the mortgage when the down payment is less than 20%.
“Short Sale”
“Short sale is when you make a short person – usually a child – complete your sale and hope that their cuteness will make it a better deal for you.” -Emily C.
“A short sale is where you get a free pair of cargo shorts as a thank-you for buying the house. Custom dictates that you get to choose the color, but they absolutely must be cargo shorts. There’s no wiggle room on that.” -Eric S.
“When the house is only on the market for a second before it’s bought up. ‘Wow! That sure was a short sale, Dirk!'” -Tyler H.
The actual definition: A short sale is a transaction in which the lender, or lenders, agrees to accept less than the mortgage amount owed by the current homeowner.
“Underwriting”
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“Underwriting is the really small text that nobody reads under the regular-sized text.” -Emily C.
“When weird writing in blood mysteriously starts appearing on every surface in your newly purchased house and you think, ‘Hm, must be something weird going on under here.'” -Tyler H.
“Underwriting is a person, or more commonly, a financial institution that agrees to stand as guarantor of your home purchase in the event something goes wrong and you can’t pay. In that case, the bank takes possession of the house and lets its nephew crash there for a few days until he can get back on his feet after just…a real tough year.” -Eric S.
The actual definition: The process of evaluating a loan application to determine if it meets the lender’s standards.
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Teacher Punished For Giving Oral Sex To Students
You would think a married teaching assistant and mother of two living and working in England would enjoy a chance to chaperone and be part of a four-day school trip to South Africa just for the break, wouldn’t you?
Wouldn’t you expect that a 37-year-old teaching assistant, who is also a wife and mother, would teach the kids about South Africa since that’s where the class was going?
But instead, Meldrum-Jones went where she shouldn’t have ever gone at all…
Even worse, this wasn’t the first time Meldrum-Jones had performed sex acts on this child. She told the court there were several other occasions she engaged in sexual acts with this student during this school trip. The teaching assistant admitted that the first time she performed a sex act on the child was on a mini-bus on the way back from a day-long excursion. In addition to the charges of child molestation, Meldrum-Jones pled guilty to two counts of inciting a child to engage in sexual activity which involved him performing oral sex on her.
After the South Africa school trip, rumors about something going on with the teaching assistant and student were circulating and the two were often seen going for walks together. The school can’t be named to protect the child. Under questioning by authorities, Meldrum-Jones admitted what she’d done before pleading guilty in court.
Jill Meldrum-Jones was given a jail sentence of two years, eight months.
She has been added to the sex-offender registry list.
Did The Punishment Fit The Crime? Thoughts?