Types of Real Estate Auctions ? beloitauction

There has been a boom in the real estate market, but not the type of boom that most people have expected. This boom has been due to real estate auctions and not traditional real estate sales. Real estate auctions are essentially what they sound like. A seller needs or wants to get rid of their home, but instead of putting it on the market like a traditional sale, they will contact a real estate company that specializes in auctions or contact an auction company in the area that specializes in real estate auctions. The home will be put up for auction and buyers will bid on the auction up to a certain time or date. There are three different types of real estate auctions.

The first type of real estate auction is known as an absolute auction. In an absolute auction, the property in question will be sold to the highest bidder, no matter what the price. There is not a reserve in this type of auction and the sale is guaranteed at any price. Excitement is always high for these types of auctions since really, anything can happen. An absolute auction usually will get maximum advertising on the market and it has, in recent years, become a very popular way to auction off homes.

Another type of real estate auction is known as a minimum bid auction. This type of auction is where there will be a published minimum bid, so only bids above that amount will be accepted. There will be printed materials that will be passed out to potential buyers with this price listed. In this type of auction, the buyer will know the minimum price and the seller will know that they will at least secure the minimum price for the auction. This is a reduced risk auction for the seller, which makes these types of auctions much more popular for those wishing to sell their homes at auction. It should be noted, however, that minimum bid auctions can turn many bidders away, so sellers should consider if this is the route they want to go before settling on this auction type.

The third type of auction is known as a reserve auction. In this case, there is no minimum bid that is published and the seller has the right to accept or reject the highest bid that is given, but it must be in a specified time frame, such as 72 hours after the auction closes. The other part of the reserve auction is the reserve price, itself. In this scenario, the seller will set a reserve price, which is the minimum they are willing to accept for the sale of the home. If the reserve is not met by bidders, they are not obligated to accept the price. If the price goes above the reserve, they must accept, though they can also accept, if they choose, a price under the reserve. Buyers tend to shy away from reserve auctions as they aren?t always the easiest or advantageous auction types for buyers.

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Tags: absolute auction, real estate, real estate auction, real estate auctions

Source: http://beloitauction.wordpress.com/2012/03/18/types-of-real-estate-auctions/

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'This American Life' retracts Foxconn report

By msnbc.com staff and news services

An episode of the popular weekly radio program?"This American Life" that painted a?damaging picture of life for employees at factories that make Apple products in China contained "significant fabrications," the show said Friday.

"We're horrified to have let something like this onto public radio," Ira Glass, the public radio show's executive producer and host, said in a blog post. "Our program adheres to the same journalistic standards as the other national shows, and in this case, we did not live up to those standards."

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The program retracted the Jan. 6?piece that is believed to have started the recent spate of articles examining Apple manufacturer Foxconn.

The 39-minute piece?received 888,000 downloads and became its?most popular podcast, according to the show. The story detailed what it said were?extremely poor working conditions of Chinese workers making products such as iPhones and iPads at factories owned by a company called Foxconn, which also manufactures products for other electronics giants.

Apple protesters hit stores, hack Foxconn

The piece vaulted?Mike Daisey into the role of Apple's chief critic, the post on NPR.org said, and?also inspired a?Change.org petition?that collected more than 250,000 signatures demanding that Apple better the working conditions at the factories. According to the statement, the program did not commission the piece, but grabbed it from Daisey's one-man performance, "The Agony and The Ecstasy of Steve Jobs."

In a press release, the show said it first learned Daisey had fabricated parts of his story when the public radio program?"Marketplace"?tracked down Daisey's interpreter, who disputed parts of Daisey's monologue.

"Daisey lied to me and to?'This American Life'?producer Brian Reed during the fact checking we did on the story, before it was broadcast," Glass said. "That doesn't excuse the fact that we never should've put this on the air. In the end, this was our mistake." 'This American Life' will devote its entire program this weekend to detailing the errors in the story," the?press release said.

During fact checking before the broadcast of Daisey's story, staffers asked Daisey for this interpreter's contact information. According to the press release, Daisey told them her cell phone didn't work and provided an incorrect name. He said he had no way to reach her.

"At that point, we should've killed the story," Glass said. "But other things Daisey told us about Apple's operations in China checked out, and we saw no reason to doubt him. We didn't think that he was lying to us and to audiences about the details of his story. That was a mistake."

The New York Times also documented the cramped living conditions of Foxconn employees, as well as excessive hours on the job and seven-day workweeks in which employees stand for hours without break. The article included reports of underage employees and workers exposed to deadly chemicals used to build and clean Apple products, documented deadly accidents at the plant and included damning quotes about Apple's ambivalence about working conditions. Other published accounts reported?worker suicides at the plant, as well as the very low pay -- $1.78 an hour, according to another?report by Business Insider.

According to the press release, Daisey's interpreter,??Li Guifen (who goes by the name Cathy Lee professionally when working with westerners)?disputed two of the most dramatic moments in Daisey's story: his meeting with underage workers at Foxconn and his reporting on?a man with a mangled hand?that he allegedly?injured at Foxconn making iPads.

In the show airing this weekend, Daisey apologizes for the misrepresentations, according to the press release.

"It was completely wrong for me to have it on your show," he is quoted as telling?Glass, "and that's something I deeply regret." He also expressed his regret to "the people who are listening, the audience of 'This American Life,' who know that it is a journalism enterprise, if they feel betrayed."

This article includes reporting by msnbc.com's Becky Bratu.

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Source: http://worldnews.msnbc.msn.com/_news/2012/03/16/10720955-this-american-life-retracts-damning-report-on-apple-factory-foxconn

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iPad review: It's a renovation, not a revolution

3 hrs.

Rosa Golijan

At 12:05 a.m., moments after Thursday turned into Friday, my new iPad was in my hands. I tucked it under my arm and looked around. There was no magic, there were no lines and there were no applauding Apple Store employees.

It was just me, three other sleepy-looking customers, and four store employees. We were in the electronics department of a Walmart.

I shrugged that sad reality off and went home to unbox my new toy. "It's like the old one," a shrill voice kept repeating in my head, as I stood with an iPad 2 in one hand and the new iPad in the other. "The new one even weighs a bit more. Barely, but I can feel it," I thought, before finally turning the device on.

And then it was as if someone firmly smacked the back of my head and knocked me out of a daze. The screen?? oh, that screen! It was sharp, clear, and it was all I could think about as I went through the motions of setting up the device. And it's still the only thing that truly stands out to me as I write these words. Oh, that screen.

The reviews painstakingly crafted by fellow tech writers made it clear: This new iPad was identical to the old one, save for a better display and some metaphorical horsepower. Since you're reading this particular blog post, you're probably already aware of all those generalities ? the hype brought you here. So?let's talk about the details ? the devil's in 'em after all.

The screen
Most of that hype is about the gadget's display. It's a Retina display ? similar to the one found on the iPhone 4 and iPhone 4S ? and, as BuzzFeed's John Herrman helpfully points out, most folks will tell you that you have to "see it to believe" how good it is. But here's what you really need to know about it: It has a resolution of 2048 x 1536 pixels. That's well over 3 million pixels which are crammed into the 9.7-inch device. The average, significantly larger HDTV has about 2 million pixels, and the iPad 2 only just over 700,000.

The speedy processor
The third-generation iPad has a dual-core processor with quad-core graphics. (Mind you, that's not the same thing as a quad-core processor, and Apple's introduction of the iPad's new chip was a bit misleading.) This means it should be speedier than the prior model. The folks at SlashGear tested this assumption by shooting videos with both a new iPad and an iPad 2, and processing them in the iMovie app. A one-minute 720p HD clip took 1:01 to export on the iPad 2, while it took 0:52 to export on the new iPad. A five-minute 720p HD clip took 5:11 on iPad 2, and just 3:39 on the new iPad. The speed increases speak for themselves.

4G LTE wireless connectivity
Unlike the iPad 2, which merely offered 3G connectivity, the new iPad can handle speedy 4G LTE connections. Depending on whether you choose AT&T or Verizon as your carrier, the LTE coverage in your area and the mood of the technlogy gods, the speeds you'll see will vary. Macworld's Jason Snell saw speeds of 14.5 Mbps up and 20.6 Mbps down; the Verge's Josh Topolsky noticed speeds as high as 12 Mbps up and 22 Mbps down. They tested their devices in San Francisco and New York City respectively.

Battery life?
Since the new iPad is speedier, supports LTE and offers a Retina display, it is safe to assume that it's a killer on batteries. Naturally Apple anticipated any problems and made sure to include a better battery than the one built into the iPad 2. According to the Wall Street Journal's Walt Mossberg, the tablet's battery life "degraded by just 11 minutes." Other reviewers saw similar results, though no one's had the chance to do extensive battery testing just yet. Most noted that the device takes significantly longer to charge than the prior model though.

Measuring up
The larger battery means that the new iPad weighs .11 pounds more than the iPad 2 and is .024 inches thicker. In real-world terms, that translates to a device with the thickness of an average pen ? at least based on the pens in my desk drawer ? and the weight of nearly two Diet Coke cans.

Why it's not perfect
Apps designed for the new iPad will take up more memory than current ones (thanks to graphics created to take advantage of the Retina display).

According to several reviewers, the device runs a bit hot when connected to an LTE network.

Based on my own experience, it can have "light leaks" ? bright spots along the edges of the screen ? like some of the iPad 2 devices. We'll see if that goes away over time, as in previous instances of not-yet-dried glue from the factory.?

To buy or not to buy?
I've barely had my new iPad for half a day, but it's met expectations so far, and my experience matches those of reviewers who got the device in advance of launch.

The display is, as I've obsessively mentioned again and again, impressive. The battery life is seemingly solid?and my iPad appears to be 87 percent charged after I've downloaded a movie from iTunes, played it, kept the device's brightness high, and then idly browsed the Internet for awhile. I don't have any genuine complaints about the device?? but then again I didn't find many faults with the iPad 2, either.

Besides, what else would I buy if hadn't bought the new iPad? A Kindle Fire would've saved me at least $300, but it would've felt like a significant step down as both it and the Android 's app market still lack the polish of Apple's offerings. The Samsung Galaxy Tab and Asus Eee Pad Transformer Prime would've also been solid alternatives to consider, but ??as testing by PCWorld's Melissa Perenson shows ??they don't quite keep up with the new iPad in a lab setting. If I am unwilling to make any compromises, be they related to software or hardware, the new iPad was my most reasonable choice.

"Maybe I'll get one and sell it on eBay in a few days," remarked the woman who'd rung up my iPad as I began to walk out of Walmart. I rolled my eyes, but quietly contemplated doing the same thing.

It's a marginal product upgrade and it won't necessarily fill iPad 2 owners with the fuzzy-wuzzy feelings a new gadget brings. But if you're brand-new to the world of Apple tablets? Oh, my dear reader, it'll be as "magical" and "resolutionary" as the marketing material suggests.
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Want more tech news, silly puns, or amusing links? You'll get plenty of all three if you keep up with Rosa Golijan, the writer of this post, by following her on Twitter, subscribing to her Facebook posts, or circling her on Google+.

Source: http://www.gadgetbox.msnbc.msn.com/technology/gadgetbox/ipad-review-renovation-not-revolution-463973

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Shopping for Women's Lingerie

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Daniel is a professional seo link builder .He enjoys writing reviews on the best forex brokers, tutorials, articles about Forex and many other niches.

Source: http://www.a1article.net/women/shopping-for-womens-lingerie-7598.html

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