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By John Miller
Every individual has the right to enjoy the experience of purchasing a home of their dreams. However, there are some of them who do not want to opt for a mortgage due to their own reasons. Well, the home purchasing procedure is where you might have so many thoughts in your mind. You might be thinking that this will be the place where I’ll be raising my kids, spend time with near and dear ones, and make memories that will last forever.
Also Read : 5 notes you need to know before taking a Loan
Now on the other hand, when it comes to opting for a mortgage, there are so many things to take into consideration. From the rate of interest to down payments, monthly payments, and other costs, everything should be considered. In addition to this, it is also necessary to select the most suitable option keeping in mind your financial requirements. This is one major reason why hiring the services of a home loan advisor is your best bet. According to the research, a number of borrowers have enjoyed the benefits of hiring an advisor when purchasing a home. However, with so many of them available, it is necessary to select the most suitable option. Therefore, below we have mentioned some of the must haves you should consider when hiring an advisor. Check them out.
Get in touch with an experienced home loan advisor. Unsplash
Must haves in a home loan advisor
● An experienced home loan advisor: Get in touch with a home loan advisor who has all the experience to perform the service with you. The home buying procedure is not an easy one. In order to avoid all the unwanted hassle, it is important to contact a home loan advisor who works in your favor. Browse through the internet and search for advisors in your locality. Once you come across a suitable option, make the next move and contact them in person.
● A licensed home loan advisor: There are some people who claim to work wonders for the borrowers. However, these are ones who either have zero or less knowledge in the industry. Therefore, make sure to contact someone who has the license. It is basically the license that gives an individual the authority to conduct the service for the borrowers legally.
Browse through the internet and search for advisors in your locality. Pixabay
These are some of the must haves you should take into consideration when planning to hire the services of a home loan advisor. Make sure to keep them in mind. Along with all these considerations, also contact someone who provides home loan options with low down payment. There are buyers who are not able to make higher down payments, especially when they are purchasing a house for the first time. If you are one of them, take this factor into account and make the next move.
The Final Thoughts
These are some of the factors you need to consider when searching for a home loan advisor. Now that you are familiar with them, it is time to make a move. Keep all the information in mind and land a suitable option for a home loan advisor.
(Disclaimer: This is a sponsored article and includes some commercial links.)
(Keywords : Home loan, advisor, mortgage, payments, hire, hassle, legal, industry, dream, purchase, people)
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S.E.E. has unveiled plans to build a space station module that contains a sports and entertainment arena as well as a content studio by December 2024, reports variety.com.
Named SEE-1, the module is intended to host films, television, music and sports events as well as artists, producers and creatives who want to make content in the low orbit, micro-gravity environment. The facilities will enable development, production, recording, broadcasting and livestreaming of content.
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S.E.E. intend to produce its own content and events in the module as well as making it available to third-parties. Axiom Space, who in January 2022 won NASA's approval to build a commercial component of the International Space Station (ISS), will undertake the construction of SEE-1. The module will dock on Axiom's commercial arm, named Axiom Station, which will also host other commercial ventures, including space tourism.
Space Entertainment Enterprise (S.E.E), the company co-producing Tom Cruise's upcoming space movie.Metro/wikipedia
Axiom Station will then separate from the ISS in 2028.
S.E.E., which was co-founded in the UK by entrepreneurs and producers Elena and Dmitry Lesnevsky, is currently planning a fundraising round.
"SEE-1 is an incredible opportunity for humanity to move into a different realm and start an exciting new chapter in space," said Dmitry and Elena Lesnevsky in a statement.
"It will provide a unique, and accessible home for boundless entertainment possibilities in a venue packed with innovative infrastructure which will unleash a new world of creativity. With worldwide leader Axiom Space building this cutting-edge, revolutionary facility, SEE-1 will provide not only the first, but also the supreme quality space structure enabling the expansion of the two trillion-dollar global entertainment industry into low-Earth orbit."
"Axiom Station, the world's first commercial space station, is designed as the foundational infrastructure enabling a diverse economy in orbit," said Michael Suffredini, president/CEO of Axiom Space.
"Adding a dedicated entertainment venue to Axiom Station's commercial capabilities in the form of SEE-1 will expand the station's utility as a platform for a global user base and highlight the range of opportunities the new space economy offers."
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"SEE-1 will showcase and leverage the space environment in an unprecedented way," Axiom chief engineer Dr Michael Baine said. "The inflatable module design provides for around six meters diameter of unobstructed pressurized volume, which can be adapted to a range of activities - including an onboard state-of-the-art media production capability that will capture and convey the experience of weightlessness with breathtaking impact."
Richard Johnston, COO of S.E.E. added: "From Jules Verne to 'Star Trek,' science fiction entertainment has inspired millions of people around the world to dream about what the future might bring. Creating a next generation entertainment venue in space inspire opens countless doors to create incredible new content and make these dreams a reality."
(Keywords: New film studio, space, 2024, Richard Johnston, COO of S.E.E, "From Jules Verne to 'Star Trek,' science fiction, entertainment, space environment)
By Rohit Vaid
Till now, activities associated with laying of power and telecom transmission and distribution lines, roads, highways, railways and construction of facilities such as hospitals, affordable housing, power generation units, water treatment plants, SEZs and certain type of hotels amongst others were given such status.
Besides, these sectors are a part of harmonised master list for infrastructure sub-sectors. However, in April 2021, exhibition-cum-convention centre was included in the list. "Given the focus around electric vehicle, and need for significant investment in charging stations, if the government adds the sector in infrastructure list, the benefits arising out of it will be significant," said Vishal Kotecha, Director, India Ratings and Research. "Infra tag on sectors increases ability to raise funds, access to dedicated funds and lenders, foreign capital, lower interest rates among others."
Given the focus on electric vehicles, the advantages of including the industry in the infrastructure list will be enormous. Free SVG
In recent years, lenders have taken a severe hit on their books consequent to cater to the unique financing requirements of the infra sector. This necessitated regulatory changes and government support from time to time. "The pandemic has hit the retail, hospitality and automobile sectors hard and the need for credit and liquidity support is real and urgent," said Vipula Sharma, Senior Director - Ratings and Head - Infrastructure Ratings, Brickwork Ratings.
"Any likely move to reclassify lending to these sectors as infrastructure lending will enable the banks to lend at concessional rates and extended timeline which in turn would give the sectors time to recover from the three years of repeated extended closures and rebuild their businesses. It would also enable access to funds from a larger set of institutions and funds."
Furthermore, as the economy continues to recover from the prolonged pandemic, the sustainability of the recovery is clearly the key fiscal and monetary policy objective. Consequently, Centre would need to focus on not only enhancing public capital expenditure further in infrastructure but also encouraging the private sector including foreign players to invest in the sector.
The economy is still recovering from the pandemic, and the recovery must be sustained. Unsplash
Lately, the Centre has already taken an initiative to kickstart private sector capital expenditure through the Production Linked Incentive (PLI) programme that has already covered 13 sectors with an aggregate outlay of Rs 1.97 trillion spread over the next few years. "We believe there is a case for considering 'infrastructure sector' status to the healthcare and the EV charging eco-system. The criticality of adequate healthcare infrastructure across the country has increased significantly after the pandemic and the 'infrastructure' tag can be extended to not only hospitals but also diagnostic centres," said Suman Chowdhury, Chief Analytical Officer, Acuité Ratings & Research. "As regards EV, the government has started to provide cash subsidies for EV purchases but the need of the hour is to build the charging infrastructure in an expeditious manner. The 'infrastructure' tag can clearly help attract funds to the EV ecosystem." (IANS/ MBI)
(Keywords: lending, power, hospitals, rate, capital, government, pandemic, funds, budget, ratings, sector, infrastructure)
A team led by chief scientist Ravi Shankar, is working on two combinations to provide the safest medication to coronavirus patients. "Experts say that a combination of antivirals with different mechanisms can be more effective to counter the viral pandemic. We are working on two combinations - Umifenovir with Molnupiravir (an antiviral) and Umifenovir with Niclosamide (anti-parasitic)," he said.
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Molnupiravur drug has received only Emergency Use Authorisation in India and abroad. Though its usage showed reduced hospitalisation during clinical trials, its biggest drawback are the side-effects, he added.
"Now, we are trying to keep a low dosage of Molnupiravir in its combination with Umifenovir which may weed out the side-effects such as the risk of cartilage and muscle damage. If successful, it will make Umifenovir more effective in Covid-19 treatment," said the chief scientist. The other combination is Umifenovir with Niclosamide.
Niclosamide is known for its efficacy for Covid treatment but the biggest challenge is that its high dosage is required for treatment and that leads to side-effects. A safe and efficacious combination of Umifenovir with Niclosamide is being researched on for the exact dosage in the combination that can give positive results, he added.
CDRI director Prof Tapas Kundu said: "CDRI is working round-the-clock to develop drugs that can help in treating all variants of Covid-19, besides being economical and safe for people. We have achieved a major breakthrough with Umifenovir and are hopeful of developing a new drug to win the pandemic battle."
Molnupiravur drug has received only Emergency Use Authorisation in India.Wikipedia
(Keywords: CDRI director Prof Tapas Kundu, Niclosamide, Covid treatment, Umifenovir, Molnupiravir, safest medication, coronavirus)