Showing posts with label New Orleans. Show all posts
Showing posts with label New Orleans. Show all posts

Sunday, December 25, 2011

Merry Christmas – Go, Go, Go

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It seems Christmas day is no big deal here in Antigua; the exception is the firecrackers are still going off, making every one jumpy when taken by surprise. Our shuttle was due at 12:30 to 12:45, so we had time to walk downtown for breakfast. Everything was packed up and ready to go. We walked down to Café Bourbon which we had picked out yesterday as a place to try and asked ahead of time if they would be open Christmas day.

With cool jazz playing in the background, the graphics decorating the wall was a mosaic of jazz artists, which led me to rethink that this place was named for the liquor. My next best guess is that it is named for Bourbon Street in New Orleans. Typical of our meals here, it is so very inexpensive. We each had a variety of a full breakfast with all the trimmings and both of us had specialty coffees, Ron added on orange juice. I chose a second café latte. When we asked for the bill, we thought we were undercharged. It was 100 Q. There was no sign of my second coffee or Ron’s juice. When I tried explaining to the waiter they short-changed themselves, they looked confused. We owe you more than this I insisted, “We had 3 coffees total and an orange juice.” After some contemplation, the waiter called a colleague to look over the bill and bring it back to us with an explanation. Two of our coffees were included in the meal as was Ron’s orange juice. Our two very substantial breakfasts were only 10 Euros total.

As we leisurely walked back to our hotel, we searched out fresh fruit for our trip, but it was not to be had.  We sat around reading and waiting. There was a young couple from Canada who was also leaving for Pana as we were, but they were not on the same shuttle. When ours came, we said good-bye and climbed into a van like a soccer mom would use to cart around kids. Being next to the last, the shuttle was full with every seat taken. Right next to me was a young father with his very young baby boy. It was gratifying to see how well he cared for the baby, including mixing formula while holding the baby in a nurturing manner. By the time, I poked my nose out of my novel, he was beyond needing my help. Our road trip was about 2 hours on some paved roads and highways, but others cobble stone.  

A first impression of Pana was that this was a gigantic strip mall of outdoor booths. Our hotel, Mario’s Rooms is very centrally located. On either side are booths, stores, restaurants, and more of each. From what we saw of the town, this is a major street, one-way traffic, and hundreds of businesses with hundreds of workers begging you to come to their place to spend money. We walked down to the lake, Lake Atitlán and walked the shore line where there are another fifty or so vendors trying their luck interspersed with establishments such as restaurants in secured buildings.

As we walked, we ran into the Canadian couple from our hotel in Antigua and chatted for a bit. They are on an 8 month holiday throughout Central and South America and then Tibet. We found a place for our dinner, where two chicken dinners complete with potatoes, vegetables, and bread cost 3 Euros each. The next most expensive dish was 4.50 Euros. Ron keeps telling me how spoiled we are getting.

Before dinner and on the way back to the hotel, we stopped at three different travel agencies to check on boat ride tickets to the Mayan villages. Around Lake Atitlán, there are ten Mayan village settlements where they supposedly practice the ancient Mayan customs. Each of the agencies had similar offers, but one had 4 villages for the same price as the others had for 3 villages. Choosing the 4 village ‘tour’ set us back 90 Q or 9 Euros for both of us.

 Back at the room, it was chilly, so we did pull out the blankets. Their electric outlets are very convenient. In both hotels thus far, we have found that the outlets will accommodate both US and European plugs without needing a convertor. Ingenious! We will have to see if that is available in Europe also.

One Christmasy side note: My one private student, Janos, generously gives me Christmas presents each year. This year, he overwhelmed me with a pile of them. I had wanted to take them with us and open them on Christmas morning. Ron and I don’t exchange presents; our travels are our presents to each other. With airline limits being what they are, I opened my presents right before we left, but held the memory for Christmas morning. Janos himself is my best present.
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Saturday, September 11, 2010

A Random Act of Kindness by Ray Ruiz

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One of my readers, Ray Ruiz, from New Orleans, LA took me seriously with the Random Acts of Kindness in the right hand column. I was serious when I put it there, so finally someone paid attention. Ray sent me Inside Steve's Brain by Leander Kahney. Now this was not a book on my wish list, but Ray and I have this on-going debate about Apple vs PC.

I started reading the book, Ray. I enjoy any books about those who think out of the norm. This one is quite the attention grabber and difficult to have to put down at times.

For those visiting New Orleans, you may want to check out La Dauphine Residence des Artistes.
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Thursday, February 25, 2010

An Apple a Day Keeps PC Codes Away

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Ray from New Orleans wrote in regard to my post 256 hours:
"Many of us in the U.S. and in France have switched over to Mac's. It also interfaces nicely with our iPhones. The new cars in the U.S. now come with a jack in the radio. You can plug in your iPhone and listen to live radio from Denmark (in Danish, of course), as you drive to work. (My partner is Danish and does this.) The iPad is coming out next month.
 
The Apple stock is going wild (up). And everyday more people are getting tired of all the code that's required for a PC vs. an Apple product.
 
Still, as we say-- to each his own :-)
Ray Ruiz in New Orleans"
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Thursday, February 18, 2010

Just Blame It on Ray

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My life has taken major twists and turns in the last few months and it is all Ray's fault. Who is Ray? Ray is a reader of the is blog, who have become an intermittent e-mail penpal. If you search for Paris or Nice, France within the blog, you will find Ray. The topsy-turvey started when Ray mentioned that after selling their Nice apartment, he and his partner bought a place in Fort Lauderdale. Note that Ray owns a B and B in New Orleans. Their apartment purchase started my gears to working. When the economic meltdown happened in the US, we thought of buying a place in Boston. Ron even contacted a number of real estate agents checking on what was available. Not one had the courtesy of responding, so it went by the wayside. 

When Ray mentioned their acquisition, it started me thinking again. We have no real permanent address in the US. We use my father's address, but now that he is in a nursing home, that address is not going to be any use to us any longer. Neither of us have a driver's license any longer. After extending our CA license through the mail as many times as possible, we finally let it go. Ron tried to get an Iowa license when visiting last year, but it required too much documentation to make it happen. 

Each winter, we take off for a warmer climate for a month and have for the last twelve years, so thoughts of potentially living in a warm climate when we do decide to return to the US seemed like a no-brainer. Ray just happened to mention that there was another apartment for sale in the same building that they bought theirs and sent me the link. Just from looking at the pictures, I knew this was something we should pursue, so I made a list of pros and cons and presented it to Ron. With the pros far outnumbering the cons, we were in agreement. 

As it turned out, the real estate agent for the property was not as responsive to my e-mails and I have little patience with what I perceive as poor service. I also wanted to learn more about the area and Google is my friend. I found a number of social organizations where we could easily fit in and have the opportunity to create a sense of community quickly when we chose to make the States our home again.

Wanting someone on the ground with their finger on the pulse of things, I sent an e-mail to two of the organizations I found. After explaining where we lived, what we were looking at and looking for, I asked if anyone would be willing to correspond and give some direction as we moved forward. 

Two very nice men wrote back. One was Mike Golan who also referred me to a Realtor and the second gentleman, was Istvan Belucz, a Hungarian who was now living in Florida for the last six years. He too referred me to a Realtor. Using Mike's referral first, because he was the first to respond, his Realtor told me that the property Ray has put me on the scent of was a short sale property and then gave me this real estate lesson:

Now, there is an arena permeating throughout Southeast FL: the Short-Sale and Foreclosure syndrome (actually across the USA to which you must have heard about it in the news abroad).  This is quite an education and I will try to give you a crash course on it.

A Short-Sale is when a person bought a property about 3 to 5 years ago at the highest price of the market (say a condo at $300K) and the buyer took an exotic balloon mortgage at 1% interest for the first 2  or 5 years then the interest balloons up to 8, 9 and even 10% afterwards.  The intent was for those people to fix the property and flip it but, what happened is the market began to tank and those people missed the market.  Now their balloons have exploded and their loan payments jumped from $600K per month to $3,600 per month.  So, now they bought a house at $300K, owe about $240K but the present market value for their property is now only $175K.   So, if they sell their properties at present market value, they will need to come up with $65K cash, which, of course, they don’t have.  At that point, you ask the lender(s) to forgive the difference and close the property.  Some other people need to make a move, for whatever reasons (a job transfer or the house is too small because they have a new addition to the family) so they are also in the same financial predicament and need to do a Short-Sale.  However, in a Short-Sale situation, the lender does not own the property, so an offer has to be accepted between the buyer and the present owner.  Then, the contract is submitted to the proper lender(s) (often time there are a first and a 2nd lender).  The contract will sit at the primary lender’s desk for an undetermined amount of time (usually 2 months) until they get to it.  If there is a second lender, that will lengthen the process because the second lender will try to get something back to recuperate some losses – the battle between them begins.  After 4 to 5 months, they will give us an answer saying that they probably want more or else.  Again, usually the buyer will not go up and walks away from the deal.

A foreclosure is quite different:  In a foreclosure instance, the primary lender is now the bona fide owner of the property after having been awarded the right of ownership by a foreclosure judge.  The second and/or 3rd lenders are completely out without a penny.  This allows the lender to hire a real estate agent, place the property for sale and entertain offers.  But the catch to that is that the lenders have been inundated by so many foreclosures in the past three years that they have finally figured out how to sell those properties.  They have created what I call a “blind auction” which means you make an offer at the full asking price, then the lenders respond back in a few days saying “we have had multiple offers and you need to came back with you best and final offer” (there is no way for anyone to verify that.)  People tend to bid up and often times, they may be bidding against themselves.  Right now, the proof of that is when they close; we can see what the asking price was and how much they closed for.  Don’t get me wrong, there are foreclosures that take forever to sell or that will be sold at substantially less than the asking price but there is a reason for that: everything is relative to location and aesthetic.  Those properties that are sold at much less than the lenders asking prices are because they are dumps and no-one wants them.

Doing short-sales is quite tedious a process and it takes time. Often times, one can find quite a treasure in a foreclosure but, you kinda have to be here for that and when it strikes you, you need to make an offer immediately without flinging and be prepared to go higher than the asking price.

Forewarned is forearmed as the saying goes. I was getting an education in a whole new area.
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Friday, January 22, 2010

Paris Rentals

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Reader Ray and partner Kim from New Orleans just sold their apartment in Paris. However, he turned me on to this website for apartment rentals. Just click here.


If you don't know square meters, but do know square feet, you can click here for a automatic conversion engine.



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