Beautiful cottage presents opportunity to add another level

Posted On Oct 6 2020 by

first_imgThe bedroom at 1 Litchfield Cl, Forest Lake.More from newsDigital inspection tool proves a property boon for REA website3 Apr 2020The Camira homestead where kids roamed free28 May 2019Ms Trotman said the corner block appealed to her and she had since established the gardens.The property has a combined lounge and dining area and there is a veranda, which Ms Trotman said was the perfect place to sip a glass of wine while overlooking the parklands.The lowset property would best suit an older couple, as there is very little to do in the garden, Ms Trotman said.She said a couple with a young child might like the family home too.“The bedrooms are a bit bigger than normal,” she said. The lounge area at 1 Litchfield Cl, Forest Lake. 1 Litchfield Cl, Forest Lake.A change of circumstances has forced Sylvia Trotman to sell her beautiful Forest Lake cottage.Ms Trotman bought the block of land at 1 Litchfield Close a few years ago and built the cottage on it a year later.The three-bedroom, one-bathroom home is on a 277sq m block. 1 Litchfield Cl, Forest Lake.Ms Trotman said it was close to everything including the bus stop across the road, shops nearby and parks.“I picked the block because it had a view of the public tennis court, barbecue and playground,” she said.“You can see the beautiful gum trees and walking tracks from here.” The modern kitchen at 1 Litchfield Cl, Forest Lake.Ms Trotman said there was an opportunity to add another level to the home too.Other features of the property include a modern kitchen with pantry, a modern bathroom and a single lockup garage.There is a large rainwater tank on site. Innovation Real Estate Jamboree Heights selling agents Jan Laing and Alan Peters said the property was a great family home in a quiet location.Ms Laing said she was marketing the property as being suitable for an investor.last_img read more

House passes bill to prohibit federal funding for abortion

Posted On Sep 27 2020 by

first_imgUSA Today 22 January 2015House Republicans, faced with mounting opposition from their own members, pulled a bill that would have banned abortions after 20 weeks of pregnancy and instead Thursday passed less restrictive legislation to prohibit federal funding for abortions.The 242-179 vote was along party lines, with one Republican voting ‘no’ and three Democrats voting for the legislation. It would make permanent the so-called Hyde amendment, a provision that is added to legislation each year to prevent federal funding for abortions.“It makes matters worse,” said House Minority Leader Nancy Pelosi, D-Calif. “It makes permanent the Hyde amendment. We haven’t done that before.”While the House was considering the bill Thursday, the White House promised it would veto the measure should it reach President Obama’s desk.Thursday’s vote was timed to coincide with the 42nd anniversary of the Supreme Court’s Roe v. Wade decision that legalized abortion nationwide. But Republicans had planned to take up a far more restrictive bill sponsored by Rep. Trent Franks, R-Ariz. Late Wednesday, House GOP leaders changed course and withdrew the measure because of objections from numerous Republicans — many of them women — who objected that the legislation was too restrictive and would turn off voters.Franks’ bill would ban abortions after 20 weeks of pregnancy, except to save the life of the woman or in cases of rape or incest of a minor if they were reported to police. read more

Kyle Lowry, Raptors took off the bubble wrap to compete vs. Lakers

Posted On Aug 13 2020 by

first_imgGuys like Lowry, Serge Ibaka, Pascal Siakam, Fred VanVleet and Marc Gasol, the remaining core of last year’s Finals-winning squad. Kawhi Leonard is now with the Clippers and Danny Green is now a Laker, but that doesn’t seem to matter to James. “The media may not talk about them much or give them much credit because Kawhi is gone, but players in the league definitely know what type of team they are,” he said.The Raptors (47-18) have clinched at least a top-four seed, but surely they’d like to enter the playoffs as No. 2 in the East and delay a potential matchup with the top-seeded Bucks until the conference finals. If they can achieve that goal in their three games this week, then maybe Lowry and his teammates can gear down — even for their meeting with those Bucks in eight days. And so the defending league champs exerted themselves against the top team in the West, the Lakers. Toronto left with a 107-92 win after outscoring LA 24-9 in the final six minutes.PLAYOFF BRACKET: Updated standings, seeds & Round 1 projections ”(Raptors coach) Nick (Nurse) says he’s going to kind of ease us back in and use it as an exhibition,” Lowry told reporters, per The Associated Press, after Toronto’s 11th win in a row over the Lakers. “We’ve got too many competitive guys that want to go out there and play and hoop and win games, especially against the guys like the Lakers and with the team that’s No. 1 in the West. The competitive juices get going.”Lowry competed to the tune of 33 points, 14 boards and six assists in 35 minutes. His six points in a 30-second span (a 3 and three free throws on a three-shot foul) helped to close out the win. The Raptors got additional help from Los Angeles, which shot 35.4 percent from the field and 10 for 40 from 3 in its second game in three nights. LeBron James still made sure to say good things about them. “That’s a great team,” he told reporters, per the Los Angeles Times (subscription required). “No ifs, ands or buts. Exceptionally well coached and championship DNA, you can never take that away from a ballclub if you win a championship. And even before that, they just got playoff-tested guys.” First game in the NBA bubble. Playoff berth clinched long ago. Neither fact mattered to Kyle Lowry and the Raptors on Saturday.Ease into the postseason like their coach wants? Nope. They knew who was on the other end of the floor. They knew they couldn’t go half-speed.last_img read more

Mortgage Borrowing Dampened by Student Loan Debt

Posted On Aug 15 2019 by

first_img November 30, 2015 585 Views The total amount of debt outstanding among students has risen from $364 billion to $1.2 trillion over the last ten years, and the number of borrowers (ages 18 to 30) with a student loan has increased from 27 percent to 40 percent during the same time period.Following the Great Recession, consumer debt decreased, but student loan debt rose at an average quarterly rate of 3.2 percent, a report from the Federal Reserve Bank of Cleveland released Monday showed.So how adversely does student debt affect consumers’ ability to get a mortgage loan?”The sharp rise in student loan debt has raised concerns that young people with a lot of student debt may be having trouble getting a mortgage or other types of loans,” the report said.According to the report, as the percentage of 18 to 30-year-olds with student loan debt rose over the last ten years, those with a mortgage declined. Prior to the recession, 11 percent of young consumers had a mortgage, but now this number stands at 7 percent.”While the total number of mortgages has declined for most age groups, part of the drop in young people’s mortgage borrowing may be due to an increase in the number of people with student loans, the report stated. The Cleveland Fed highlighted that the amount of debt a person has already can negatively affect the obtaining a mortgage loan. If a consumers’ debt burden occupies over 20 percent of their income, there is no way they can they afford a mortgage payment, which could comprise an additional 30-45 percent of their income.”While it’s unlikely that student loans are the sole factor for the decline in mortgage borrowing across the United States, it is hard to ignore how the recent surge in student loan debt is changing the debt portfolio of young borrowers,” the report noted.”With over 40 percent of young borrowers having a student loan, and debt payments comprising 20 percent of their income, it makes it more and more difficult for young people to take on a mortgage in the first few years after attending college. And as the number of student loans continues to rise, it is a trend that is likely to continue.”Click here to view the full report. Share Mortgage Borrowing Dampened by Student Loan Debtcenter_img in Daily Dose, Data, Government, Headlines, Market Studies, News, Origination Federal Reserve Bank of Cleveland Mortgage Borrowing Student Loan Debt 2015-11-30 Staff Writerlast_img read more