Are Real Estate Notes And Land Contracts A Smart Investment?

By Simon Volkov

Transfer of real property is documented through real estate notes and land contracts. These notes are also commonly referred to as seller carry back trust deeds and real estate receivables. Seller carry back references private financing provided by the property owner. This type of financing can be used when borrowers cannot obtain financing through a conventional lender.

Real estate notes and land contracts can be drafted by the note holder. However, it is strongly recommended to enlist the services of a real estate lawyer to ensure contracts are legally binding and contain legalese to cover both parties in the event of default.

Real estate receivables are valuable assets that can be exchanged or sold to other investors. It is crucial to be informed of various strategies that can maximize cash flow prior to executing legal contracts.

When sellers offer seller carry back financing they typically require a minimum down payment of 10-percent for residential properties and 20- to 30-percent for commercial real estate. Most sellers do not provide 100-percent financing. Instead, they carry back between 10- and 50-percent of the purchase price and buyers finance the balance through a mortgage lender.

[youtube]http://www.youtube.com/watch?v=rsSJ3vpSbkY[/youtube]

Seller carry back financing is intended for short term use and real estate contracts typically extend between two and five years, or up to seven years for commercial properties. Once the contract expires, buyers must refinance mortgages through a conventional lender. It is best to keep seller carry back terms as short as possible to minimize risk of default.

The majority of buyers that require seller carry back financing are credit challenged. Therefore, sellers must conduct a credit check to determine if entering into a financial agreement is the best option.

The common rule of thumb is the lower the FICO score, the higher the risk. However, the point of offering seller carry back mortgages is to help buyers rebuild or establish credit so they can eventually refinance through a bank. In order to protect realty assets, sellers should conduct a thorough credit check, obtain sufficient down payment, and execute an iron-clad real estate contract.

When entering into real estate notes and land contract agreements it is best to work with buyers whose FICO score is 620 or higher. Buyers with credit scores below 600 are generally at a higher risk for default than those with a credit score of 700 or more. If buyers can remain current with mortgage payments and other creditor debts, they can improve their FICO score and clear derogatory credit histories within a year or two.

Seller carry back real estate notes and land contracts can be sold to private investors. Sellers who plan to sell notes should strive to work with buyers whose credit history falls into the low- to medium-risk category. Although real estate notes can be sold when buyers possess low FICO scores, investors offer less money to purchase the note.

Another important consideration of providing seller carry back financing for real estate notes and land contracts is sellers must comply with state usury laws. Sellers are required by law to assess lower interest rates than mortgage lenders. Usury laws regulate the amount of interest that can charged through private financing. Violation of usury laws is a criminal offense and punishable by jail time.

About the Author: Investor, Simon Volkov specializes in buying and selling

real estate notes and land contracts

. Simon is interested in buying cash flow notes for real estate located in Orange County, California, Washington, Nevada and Arizona. Sellers are invited to list real estate notes for sale via Simon’s Real Estate Investor Club. Details are provided at

SimonVolkov.com

.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=528527&ca=Real+Estate

13 schools torched in southern Thailand

Thursday, June 14, 2007

In an apparent coordinated attack, 13 schools were set ablaze late yesterday in southern Thailand, an escalation of violence that authorities are blaming on Muslim insurgents.

The 13 schools were burned in Pattani and Yala, two of the three restive, Muslim-majority Thai provinces on the border of Malaysia.

On Monday in the third province, Narathiwat, three teachers were fatally shot. Two female teachers, both Buddhist, were fatally shot while on lunch break at Bansako School in Si Sakorn. A male teacher from another school was gunned down while buying cigarettes at a store in Ra-ngae. On Tuesday morning in Yala’s Raman district, a 60-year-old Muslim teacher was fatally shot in his pick-up truck on the Raman-Balo road.

Since 2004, more than 200 schools have been burned in arson attacks and 77 teachers killed, education officials say. About 110 schools in Narathiwat and Yala provinces have been temporarily closed, while officials re-assess the security situation.

Teachers and schools, potent symbols of the Buddhist majority Thai central government, are prime targets in the Muslim insurgency in south Thailand, which has seen a steady escalation since 2004, with almost daily fatal shootings and bombings, killing more than 2,300 people.

School staff called on the government to provide better security. Many teachers travel with armed escorts, or have taken to carrying firearms themselves.

“We want school compounds to be safe areas for teachers. Today we have no safe areas for teachers, be they houses, communities or schools,” Vicharn Athikapan, chairman of the Confederation of Southern Teachers, was quoted as saying by the Bangkok Post yesterday. “Although it is difficult to deploy soldiers to protect teachers at schools, the state must do it.”

Today, a Royal Thai Army soldier was seriously injured in the explosion of a roadside bomb, which was placed opposite a vocational college in Narathiwat.

Late yesterday evening (local time), a 44-year-old man was killed in a drive-by shooting in Yala. Earlier, in Narathiwat’s Rueso district, three men were fatally shot, and one was beheaded. The beheading was the 10th this year, and one of 25 in southern Thailand since 2004.

Also yesterday, one soldier was killed and another injured in a roadside bomb near a school in Thung Yang Daeng, Pattani. Another soldier was killed and six others injured in Pattani’s Yarang district when a roadside bomb ripped through the pickup truck they were riding in.

On Tuesday in eastern Thailand‘s Sa Kaeo Province, on the border with Cambodia, police detained 15 Cambodian Muslims after one of the group was found to be carrying items that could be used to make bombs.

The owner of the bag told police he was carrying the items for a friend in southern Thailand, and were to be used to make explosives for catching fish. The items were seized, and all 15 men were sent back to Cambodia.

The incident follows a diplomatic flare-up last weekend between Thailand and Cambodia, after published comments were attributed to Thai General Wattanachai Chaimuenwong, saying Cambodian Muslims have links to the Jemaah Islamiyah terrorist organization, as well as the south Thailand insurgency.

Wattanachai, an adviser to Prime Minister Surayud Chulanont, later denied making the statements, after Cambodian Prime Minister Hun Sen issued an angry rebuke against Thai officials.

“Because of their own weakness, they are now finding others to blame,” Hun Sen was quoted as saying by the Associated Press.

Exclusive interview with prominent blogger, David Farrar

Thursday, May 10, 2007

Freelance journalist writing for Wikinews, Gabriel Pollard, with help from Brian Anderton, has interviewed New Zealand-based blogger, David Farrar on blogging, web 2.0, and the Internet in general.

David Farrar is most known for his “fairly popular” blog, Kiwiblog, where he posts on various topics, including politics and technology. He is the vice-president of the Internet Society of New Zealand, and has been involved in helping to split Telecom New Zealand up and in anti-spam legislation.

David Farrar first started using the “best invention ever,” Internet, in February 1996 after having owned a BBC Micro microcomputer since 1982. On the Internet he debated various issues using Usenet newsgroups. Kiwiblog now serves for this purpose. He then got his own personal Internet account with ihug in August of that year.

Farrar also has political ties, which can be seen in some of his blog posts. For eight years, Farrar worked for various Prime Ministers (PM) and Opposition leaders for the National Party, working with the likes of former PM Jim Bolger and former PM Jenny Shipley in the Media Services Unit of Ministerial Services.

Until Farrar landed himself a job in parliament, he had been using mainly Apple computers, “[I] finally converted to Microsoft in 1997 after being the only person in Parliament to have a Mac!”

Farrar was involved with introducing public e-mail for ministers, and the first Prime Minister website.

In 2004, after leaving politics, Farrar set up his polling and research company.

Kiwiblog, sparked by now defunct blog NZ Pundit by Gordon King, currently receives over 300,000 visitors a month. He suspects that Russell Brown, and the Spareroom blogs get well over 100,000 visitors. “There’s then probably a dozen or so other bloggers who get into the tens of thousands.”

“Gordon [King] would post wonderful polemics challenging the conventional thinking and reporting, and after a few months of reading him I realized that I also had views and could try sharing them with the world. So in July 2003 I made my first post, and enjoyed it ever since.”

Farrar admits to not having a deliberate strategy for promoting himself and his blog, he just found that doing more posts in a day and posting what he was interested in got the visitors that were interested in the same things. “Oh and most important of all is to have a sense of humour and enjoy doing it.”

If Farrar wasn’t blogging, he says he would be “Earning money! I spend far too long blogging when I should be working on more business. However it is doing well enough that I can divide my time up between my business, InternetNZ and blogging and not starve.”

Farrar has a few tips for those politicians who have started a blog, or are looking at starting one up, “Very few are successful because [they] treat it as a one way communication tool where they just post press releases or travel diaries. Rodney Hide is the best example of doing it the right way. John Key is video blogging and responding to comments through future videos, which is a different way to interact.” But still warns that most readers of blog prefer “honest opinion” instead of reading what the politicians want them to read.

Farrar is a huge supporter of Wikipedia and says that he uses it multiples times a day. He says that he was “very proud” when the Wikipedia community regarded him as notable enough to have his own entry.

“I wish I had more time to edit Wikipedia. There’s lots more NZ content to get onto there.”

Sites like YouTube, which Farrar uses daily, show that they can leave big brand names like Google Video for dead if they show strong innovation, Farrar says.

Farrar says the success to websites such as Wikipedia and YouTube is because of multiple user generated content, “…rather than tightly controlled content from one source.” The focus on the community at large is also a major factor of their success.

When asked where he sees the Internet in decades from now, his simple response was, “I wish I knew.” But he does predict every house in New Zealand will be connected to the Internet via fibre optics.

One scenario Farrar drew was, “…being able to see a map of your local area on your phone, and not just get told where the nearest toilets or bookstore is, but also if any of your friends are nearby.”

David Farrar would just like to say thanks for the opportunity of being interviewed on Wikinews.

Construction Equipment Clearance Sale, Up To $250,000 Ez Qualify}

Construction Equipment Clearance Sale, Up To $250,000 EZ Qualify

by

J.M Luna

One of the best ways to acquire construction equipment is to obtain repo and/or off lease listings. This is an opportunity for the start up and seasoned business to acquire their acquistion with possible excellent financing terms.

These clearance sales gives the buyer an opportunity to acquire up to $250,000 of financing, application only. There are no financial statement, income tax and/or bank statements required. Some Lenders require as little as First Payment Only as the the down payment.One of the dealer/financing lending programs available in the market today is that the personal credit qualifications for the applicant can start as low as 600. Prior bankruptcies aren’t an issue and the lender will lease all construction equipment between 36-60 months, with the transfer of title at the end of the lease. This lender will also accept start up businesses as qualified applicants. The types of construction equipment in this program are backhoes, bulldozers, excavators, concrete equipment, farm equipment, forestry equipment, forklifts,crawler and skid loaders, and paving equipment.Through one particular dealer/finance program, it offers around 100 different types of construction equipment for sale and requires only a first payment, financing up to sixty months regardless of age. There are no documentation fees and security deposits required.Application Only programs are more prevalent with lenders today and makes the applicant’s job to accumulate data reduced to a minimum. The success of the application is based upon the credit strength of the applicant and the qualifying asset..Additonally if you want, any type of construction equipment can be delivered to your location for a fee. This can be arranged for you and included in the financing. If you want to come to the dealer’s location, that isn’t a problem. Either way if you want the bulldozer, excavtor etc delivered to you or you want to pick it up, it is your decision.All the construction equipment is mew or used up to ten years old. This includes all makes and models such as John Deere, Caterpillar etc. All the construction equipment is reconditioned and can be inspected by you for your approval.Happy hunting for your construction equipment

J.M Luna has over thirty years of experience in the financial field. This includes accounting and taxes, leasing, hard asset money and commercial loans. U.S Corportate Capital Leasing assists the startup business as well as the seasoned business for financing in all different types of industries.

http://www.cclgequipmentleasing.com/lease_construction.htm

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Construction Equipment Clearance Sale, Up To $250,000 EZ Qualify}

Tornado hits downtown Atlanta

Saturday, March 15, 2008

A tornado, spawned from a large storm, has hit the United States city of Atlanta, Georgia, causing extensive damage throughout the city.

The National Weather Service confirmed Saturday morning that it was a tornado that struck the city. After reviewing the aftermath of the storm, they classified it as an EF2 tornado on the Enhanced Fujita scale. Atlanta mayor Shirley Franklin says she is beginning to apply for federal disaster aid.

There have been no confirmed deaths, but the mayor’s spokeswoman says there may be dead victims trapped within the ruins of a collapsed loft complex. The Fulton Cotton Mill Lofts are located in the historic Cabbagetown neighborhood, where at least 20 homes were destroyed. “It looks like a bomb went off, it looks like World War III,” said Mahsud Olufani, who has an art studio in the neighbourhood. “It’s a disaster area.”

At least 27 people suffered injuries, mostly cuts and bruises. One person is reported to be in critical condition. Grady Memorial Hospital, where many of the injured were taken, had suffered some window damage but was still operating. Around 50 people have been taken to a local Red Cross shelter for displaced residents.

The tornado struck during the semifinal game of the SEC Basktetball Tournament between Mississippi State and Alabama. Play was stopped with around 2 minutes to go in overtime when heavy wind could be heard outside with rippling of the roof. Damage was done to the roof as debris fell to the floor. No injuries were reported in the Dome. “I thought it was a tornado or a terrorist attack,” said Mississippi State guard Ben Hansbrough.

The storm arrived with little forewarning. A tornado warning was issued for the downtown area a few minutes before the storm hit. “Ironically, the guy behind me got a phone call saying there was a tornado warning,” said Lisa Lynn, who was attending the game at the Georgia Dome. “And in two seconds, we heard the noise and things started to shake. It was creepy.”

The CNN Center in downtown Atlanta was severely damaged, especially in the atrium, where the ravaged ceiling allowed water to pour in. Police closed several streets near the CNN Center because of the debris, which included power lines, billboards, and even office chairs.

The Omni Hotel, which is attached to the CNN Center, also sustained damage, with many of its windows shattered. Visitors at the hotel were evacuated to the exhibition hall at street level. “It was crazy. There was a lot of windows breaking and stuff falling,” said Terrence Evans, a valet at the hotel.

At Centennial Olympic Park, located near CNN and the Omni Hotel, two Olympic torch sculptures had fallen over, and a performance pavilion was destroyed. A high-rise dorm at Georgia State University was damaged by the tornado, as evidenced by a large hole in the building’s 14th floor. University students were evacuated on buses.

According to Georgia Power, more than 13,000 of their customers are currently without electricity. Crews are working to fix downed power lines, but they said it would be difficult with all the debris.

Another large storm, currently in Mississippi, is heading towards Atlanta, and is forecast to arrive around 3 p.m. National Weather Service meteorologist Mike Leary said Friday’s storm could be “nothing to compare with what’s coming in tomorrow”.

All downtown events scheduled to occur Saturday have been cancelled. This includes the city’s Saint Patrick’s Day parade. The remaining SEC tournament games are to be played at Georgia Tech‘s Alexander Memorial Coliseum, located in the undamaged midtown.

Elvish, Klingon and Na’vi: Constructed languages gain foothold in film

Monday, December 28, 2009

The release of the movie Avatar, written and directed by James Cameron, has generated increased interest in the field of constructed language, also known as conlang. Cameron asked American linguistics professor Paul Frommer to develop a language spoken by the extraterrestrial people in the film known as the Na’vi.

Author J. R. R. Tolkien developed Elvish languages for his literary series The Lord of the Rings. The Elvish language was featured in scenes of The Lord of the Rings film trilogy, directed by Peter Jackson.

The Klingon language (tlhIngan Hol) was developed by linguist Marc Okrand, initially for use in the 1984 film Star Trek III: The Search for Spock. Okrand drew inspiration from Klingon lines spoken by actor James Doohan in the film Star Trek: The Motion Picture; Doohan portrayed character Montgomery Scott in the Star Trek series. A dictionary for Klingon developed by Okrand, The Klingon Dictionary sold over 300,000 copies.

You know your alien language has taken off when a German guy translates rap songs into it.

Klingon became quite popular and has developed a usage among Star Trek fans. The Klingon Terran Research Ensemble in the Netherlands created an opera in Klingon. The play Hamlet by William Shakespeare was translated into Klingon. A German Trekkie who goes by the moniker Klenginem posted videos to YouTube where he raps songs he translated into Klingon by musician Eminem. Klenginem has been cited recently in pieces on constructed language in The New York Times, ABC News Nightline, and National Public Radio. “You know your alien language has taken off when a German guy translates rap songs into it,” said National Public Radio of Klenginem.

Linguistics professor Frommer received his PhD degree from the University of Southern California (USC), and subsequently shifted his focus into the business arena. He returned to USC to teach at the Marshall School of Business. Cameron tasked Frommer with creating an entire language for the Na’vi people.

In an interview with Geoff Boucher of the Los Angeles Times, Frommer voiced hope that the language would continue to be used separate from the movie, as Klingon has. “I’m still working and I hope that the language will have a life of its own,” said Frommer. The Na’vi language created by Frommer contains over 1,000 words, as well as a structural system and rules format for usage. Frommer told Vanity Fair that the language was fairly developed, commenting, “It’s got a perfectly consistent sound system, and grammar, orthography, syntax”.

I hope that the language will have a life of its own.

Frommer explained the direction given to him before creating the language, “Cameron wanted something melodious and musical, something that would sound strange and alien but smooth and appealing.” The Avatar writer-director provided Frommer with approximately three dozen words of the Na’vi language he used in his scriptment for the film. “That was the starting point. Probably the most exotic thing I added were ejectives, which are these sorts of popping sounds that are found in different languages from around the world. It’s found in Native American languages and in parts of Africa and in Central Asia, the Caucasus,” explained Frommer. Cameron and Frommer worked together for four years developing the language.

The linguistics professor relied on inspiration provided by Cameron, and avoided drawing upon influences from Elvish, Klingon, and the international auxiliary language Esperanto. Sample words in the Na’vi language include “Uniltìrantokx” (oo-neel-tih-RAHN-tokx), meaning “Avatar”, and “tireaioang” (tee-REH-ah-ee-o-ahng), which means “spirit animal”. Maclean’s reported that fans of Avatar were anxious for more instructive material from professor Frommer about the language in order to learn how to speak it with others that appreciated the film. “The response has been quite remarkable and totally unexpected. I never thought there’d be this level of interest. But I really don’t think of Na’vi as a competitor to Klingon. If it does develop a following, that would be quite wonderful,” said Frommer of the response to the language from Avatar fans.

We wanted to ‘out-Klingon’ Klingon.

The Na’vi language is itself a minor plot point in the film Avatar. The character Jake Sully portrayed by Sam Worthington endeavors to learn the language while living on Pandora. A botanist portrayed by actress Sigourney Weaver instructs a scientist played by actor Joel David Moore on how to become conversational in the language.

Zoe Saldaña, the actress behind warrior princess Neytiri in Avatar, picked up the Na’vi language faster than her fellow cast members. “Zoe owned the language and everyone had to match her, even her accent,” said Cameron. Saldaña remarked that the most difficult part about acting in the film was speaking in English with the accent of the Na’vi people. Cameron touted the rich nature of the Na’vi language in publicity for his film. “We wanted to ‘out-Klingon’ Klingon. The best sci-fi movies immerse the audience in that world until it doesn’t seem alien to them,” said Cameron to USA Today.

NZ man stabbed in the face with a 15-centimetre knife

Friday, July 7, 2006

A 36-year-old man, who is yet to be named, is undergoing surgery after an attacker lodged a knife through one cheek and out the other. The handle broke off, leaving the 15-cm (about 6 inches) blade inside him. The man was rushed to hospital today, July 7, at about 2 a.m. NZST. The attack occurred last night after a domestic row in Albany on Auckland‘s North Shore.

New Zealand Police report that the knife just missed his optic nerve and his condition is stable and not life threatening.

John Chaplin, head and neck surgeon said, “the man could be treated relatively simply. The major blood vessels of the head were further back in the neck and the knife could be relatively easily removed in an operating theatre where bleeding could be controlled.”

The police have issued an arrest warrant for Vance Paraki Tuheke, 31-year-old, in relation to the attack.

The victim may suffer from some facial numbness.

Elizabeth May elected leader of Canada’s Green Party

Saturday, August 26, 2006

Elizabeth May has been elected leader of the Green Party of Canada today, winning the position with 2,145 votes or 65.34 per cent of ballot cast. She beat her nearest rival, environmental consultant and Green deputy leader David Chernushenko by a margin of almost 2 to 1. Jim Fannon, the third candidate, finished far back with only 29 votes. The new leader will replace Jim Harris, who stepped down after holding the position since 2003.

In her acceptance speech, May called on the federal government to give notice that Canada will withdraw from the North American Free Trade Agreement in order to force the United States to renegotiate the treaty.

May, a long-time environmental activist and former executive director of the Sierra Club of Canada takes over the party which received 4.5 per cent of the popular vote in the last federal election, enough to secure over $1 million a year in federal funding but not enough to elect any of its candidates to the Canadian House of Commons. Chernushenko won the highest vote percentage of any Green candidate in the January election winning 10% of the vote in Ottawa Centre.

“We draw pretty much equally from across the entire political spectrum,” Jim Harris told CBC News. “If you were a Progressive Conservative, as I was, where do you go? The Green party supports Kyoto. We were opposed to the war in Iraq and yet at the same time we’re fiscally responsible. This is something that’s attractive to people.”

“What we need to do is clearly build a method and a platform so that they are not voting for ‘none of the above’ but so that they are voting for ‘all my dreams,’ ” said May after her victory.

The race has brought new people to the party with membership rising from 5,517 to 8,694 in recent months.

Enron founder Ken Lay dies in Aspen, Colorado

Wednesday, July 5, 2006

Kenneth L. Lay, the Enron ex-chief executive and ex-chair, died early Wednesday morning at his vacation home at the age of 64 after a massive coronary attack, according to a family spokesperson.

Lay was found guilty of six counts of fraud and conspiracy related to the Enron scandal on May 25, 2006 and convicted on four counts of bank fraud in a separate non-jury trial. He was awaiting a sentencing on October 23 and faced the possibility of spending the rest of his life in prison.

In 2001, Enron went bankrupt with debts of $31.8bn (£18bn), and 4,000 people were left jobless.

As a result of Lay’s death prior to exhausting his appeals, his conviction is abated, and Lay is legally considered never to have been indicted or convicted of criminal charges.

What Is A Life Insurance Cover?}

What is a Life Insurance Cover?

by

[youtube]http://www.youtube.com/watch?v=CMmBMs7r4m4[/youtube]

Mike Armstrong

Life insurance is a type of insurance that offers financial security to people and their families in case of unexpected death of the earner. The insured or the policy owner is required to make periodic fixed payments, to the insurance company to keep the policy in force. These payments are known as the insurance premium and are decided by the insurance company on the basis of several factors. Life insurance agents approach such potential customers who require life insurance for various purposes. To find out these potential life insurance customers, insurance agents rely on the leads generation process. These leads can be bought from companies who are solely dedicated to building up a database of prospective customers.

Life Insurance is provided by numerous insurance companies and advice as to the most suitable type of life insurance to meet your specific requirements can be obtained from financial advisers who work for insurance brokers, insurance companies, accountants, banks, building societies and some other sources.Life insurance companies promote two types of life insurances. They are whole life insurance and term insurance. Whole life insurance is when the time covered is the entire life and the premium is calculated accordingly. In case of term insurance, the insurance policy is taken for a fixed time of five, ten or fifteen years. The policy is covered for only that definite time and the beneficiaries are given the sum assured if the insured dies during the term of the policy.A large number of life insurance companies exist today to offer different life insurance policies to their clients. These life insurance companies try to keep their individuality by bifurcations and making different classifications on the policies.Life insurance policies can be classified into two types:1) Term life insurance policy-Term life insurance policy is helpful to cover a person’s short-term requirements. For example if the policyholder meets an accident, he can make an insurance claim. Term life insurance is a policy which covers potential need in the short run.2) Permanent Life Insurance- This life insurance policy is for the entire life of a policyholder. The value increases throughout the life. Par and Non-Par terms are mostly used in the context of life insurance policy. Par offers dividend, while non par on the other hand does not offer any dividend.Life insurance is something every one should look into. The family with young children or the single person who has a responsibility towards other people should think seriously of getting a policy.Life insurance is very important for families and single people who are financially responsible for someone. They might be looking after aged parents or someone who is handicapped who would be destitute without their help.Life insurance is much like taking a gamble. You never know if you will win or not. You might think that it is unnecessary to have this insurance as you cannot see anything going wrong in the future. You might argue that you are fit and well and intend bringing up your children yourself. There is always the unforeseen factor in life, something that is entirely out of our hands.Life insurance company reviews are found on the net and various financial magazines. It is advisable to always take reviews with a pinch of salt as they could be biased. It is necessary on the part of the insurer to carry out a proper study and not take any of the reviews at face value.

For more information about

life insurance

and

critical illness insurance

please visit www.unbeatablelifeandcriticalinsurance.co.uk.

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What is a Life Insurance Cover?}