Waterfront Property: What to Avoid When Investing

Waterfront Property: What to Avoid When Investing

Buying a luxurious waterfront property will reap the long-term rewards of enjoyment on the property. With that said, people must understand a few key facts to know what they must avoid when buying beautiful waterfront properties. Waterfront properties can turn into a hassle if not bought under the right conditions. From the ongoing battle with rust and mold to being in a potential flood zone, waterfront properties can present a number of challenges. Potential home buyers must do their due diligence to make a solid real estate investment.

#1: Failure to Examine the Bulkheads

The bulkheads require a specialist to inspect the bulkheads because this protects the property from the water. Bulkheads could be logs, large stones or a concrete slab. Ensuring its integrity from the start is a great way to protect a real estate investment.

#2: Not Preparing the Financing

Before an individual goes out to buy a waterfront property, they should first understand how the financing must be there. Waterfront property classifies under a specialty loan, and they will normally cost more than a regular property. Because of this, home buyers shouldn’t wait until the last minute to try to put the financing together because it will cost more.

#3: Not Checking That It Can Withstand Harsh Weather

Waterfront property will normally put up with more abuse than a regular home because it sits on a waterfront. Because of this, the property could face more wear and tear from mother nature. Check to see that the property uses stainless steel, and they have storm shutters for the home.

#4: Not Securing the Right Property Insurance

When an individual owns waterfront property, they must secure the right type of property insurance to protect themselves. Living near the water opens the home to the potential for flooding, so an individual should have the right kind of flood insurance to protect them. Not to mention, they should look carefully at the terms of the flood insurance. Insurance often comes down to someone’s level of risk tolerance, but when someone owns waterfront property, flood insurance is a must.

These are a few things that people should avoid when it comes to buying a waterfront property. These mistakes can cost a homeowner thousands of dollars. Many times, when someone goes to buy a property like this, they feel excited to own it, but they have to keep their wits about them and examine it carefully.

Give and Get: Why Engaging in Your Community Matters

Give and Get: Why Engaging in Your Community Matters

 

All around the world, there are organizations whose sole purpose is to help others. Most of these, are nonprofit organizations. With so many causes that need the support of society, it isn’t hard to find one that you can help. Being a part of a community, of any size, includes giving to those who are less fortunate. There is great value for all parties when community involvement and engagement has a strong presence. Here are just a few ways that you can gain from giving.

 

Perspective

One of the most powerful takeaways from working with those in need is a new outlook in life. Especially for first time volunteers or donors, seeing the people who need the aid from nonprofits, can leave a lasting impression. These encounters often help us see that what we have is good. Life could be a lot worse and getting a glimpse into that life can drastically jolt one’s perspective. There is no greater gift then understanding the true meaning of being grateful for what you’ve got in your life.

 

Business Benefits

If any for-profit company doesn’t give back to their community, they are doing it wrong. Sure, the CEO can write a check every year, but the entire company does not benefit from the donation. Coming together and collaborating to help others is a fantastic way for teams to bond. Many organizations offer incentives to companies who send large groups to volunteer. In addition, it is a great way to build up a positive reputation within your community. Patrons are more likely to choose a business who partakes in philanthropic acts over ones who refrain.

 

Health & Wellness

If the first two reasons weren’t enough for you, this will surely spark your urge to get your charity on. Those who participate in volunteer opportunities gain countless health and wellness benefits. Mental and physical health, both improve from partaking in charitable acts. Choosing an event that includes physical activity (5k run, donation drive, children’s activities)  keeps one in shape while contributing to the community. Additionally, those who work closely with nonprofits often have less stress in their lives. Less stress means a clearer conscious and improved mental health.

 

Non Profit Spotlight: Fight Colorectal Cancer

Non Profit Spotlight: Fight Colorectal Cancer

Also known as colon or bowel cancer, colorectal cancer is the growth of cancer in the colon or rectum. It may be caused by old age, lifestyle and in rare cases, genetic factors (non-polyposis cancer that is hereditary). Other risk factors are diet (processed meat and alcohol), obesity, an absence of physical activity and smoking. Inflammatory bowel diseases like Crohn’s disease are also a risk factor. The associated symptoms of colorectal cancer include weight loss, changed bowel movements and blood spots in the stool. Treatment is usually a combination of radio and chemotherapy and surgery. Surgery can cure cancer confined to the colon walls, if widespread, it cannot be cured, but is managed to improve the symptoms and the patients’ quality of life.

 

About Fight Colorectal Cancer

Founded in 2005, Fight Colorectal Cancer is an organization that aims at reducing deaths attributed to the disease. It also aims at finding a cure for colorectal cancer. The organization advocates for research into colorectal cancer and also offers training and provides grants to scientists working towards a cure for the disease. They do this through what they term as five ways to fight. They include:

 

  • Patient resources

 

    • It creates a resource center that is credible and contains resources that have been medically reviewed. This helps patients in making informed decisions concerning their health. The educational materials, found free online, give information on diagnosis, available treatment options and how to handle life with colorectal cancer. This keeps patients constantly informed.

 

 

  • Research

 

    • The organization follows studies that cover the basic biology, prevention of the disease, its treatment and how to survive it. They involve their researchers and help fund any project that may be groundbreaking in the field of colorectal cancer. The organization also has medical experts on its medical advisory board.

 

 

  • Advocacy

 

    • The organization, through forming coalitions with policy makers and other regulatory agencies have managed to build solid relations with leaders to ensure colorectal cancer and persons suffering from it are considered in policy decisions.

 

 

  • Awareness

 

    • Through awareness programmes like One million strong, kids awareness activities, online ambassadors; and events like sparks of strength luminary event, the organization has managed to create awareness around colorectal cancer.

 

 

  • Philanthropy

 

    • Fight colorectal cancer also encourages donations from members of the public. This can be through fundraising programmes, personal donations or donations to its research programmes.