Real Estate Essay Example | Topics and Well Written Essays - 500 words - 1

Real Estate - Essay Example This exercise has two aims. One is to see whether my house will fetch a goof price in the market so that it can be bought by any of the young people searching for homes. If a good price is offered, then the proceeds of the sale can be used to buy a better house. My house is a two bed-room one and its floor area is approximately 1700 square feet. The above mentioned aim does not seem to be feasible since land prices across the country have fallen due to the recession that has hit the country. I had contacted a builder on the premise of wanting a new home. He said that the Charlotte market like most places in the country has become a buyer’s market and the prices had crashed since the start of the depression. He also directed me to a website to verify what he had said. It appears that the situation was far from satisfactory to a seller and very satisfactory to buyers. According to the website, the current square foot price as of March 1st, 2009 was only $95 for homes in Charlotte. This had fallen to the current level from a high of nearly $185 in July 2008. (Real Time Market Profile for Charlotte). According to the above figures the value of my home would be as follows In such a scenario, it will be worthwhile to compare prices if one wants to buy a ready made house or construct one instead. A search with an agent also shows that prices are low. It shows that three bed room houses are available in the market for at only slightly higher price than what was seen in my valuation. Prices of two and three bed room independent houses with similar or higher square feet are available at prices ranging from $165,000 to $169,000. One particularly attractive house with 1,800 square foot and having three bedrooms and two baths was available for 168,000 dollars. This means that the square foot price of the home was about 93 dollars per square foot. This comes to less than the market price as on March 1st

Technology-Based Bank Frauds Assignment Example | Topics and Well Written Essays - 750 words

Technology-Based Bank Frauds - Assignment Example When a user enters their details on the website, the hackers are able to access sensitive information such as passwords, usernames and security codes that enable them to commit various crimes. Over time, there has been an increase in reported cases of financial theft. This can be attributed to the advancement in the level of computer software where individuals are able to create software that enables them to conduct various forms of cyber-crimes such as bank fraud Radha (2004). Phishing is mainly targeted at financial institutions, and there has been the increase in the number of reported theft cases. The keylogger software in the attempted bank theft in the London-based Japanese bank Sumitomo Mitsui is a type of spyware that has the ability to record the details used for logging in to a log file. The information is then sent to a specific third-party. Although initially designed for legitimate use such as enabling employers to monitor the employee's use of the work computers, the software has been largely used to commit financial fraud. Once the hackers gain access to passwords and other bank account details, they are able to transfer money from different bank accounts to other accounts, either locally or foreign Radha (2004). The keylogger used in the London case enabled the cybercriminals to keep track of the keystrokes used when the unsuspecting victims used the bank's client interface to access their bank accounts. There is a need to adopt strategies that protect one’s personal information so as to prevent the occurrence of cyber-crimes financial fraud and bank thefts Senator (1995). There exist various technologies that can be used to prevent both phishing and keyloggers. Keyloggers present a major challenge since their purpose is to get access to confidential information. However, one can employ several techniques so as to avoid the threat of keyloggers.