If you are an Investor/Cash Buyer, Orlando, Florida is still a great place to make some money. Check out the Florida MLS to see Bank Owned homes waiting to be refurbished & rented out for profit. http://yourorlandohomes.mfr.mlxchange.com
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The average season sees 12 named storms, including six hurricanes, three major.
The climatologists expect the tropical Atlantic to be cooler than it has been in recent years. They also say there is a “fairly high likelihood” that El Nino, the atmospheric force that suppresses storm formation, will develop by the summer.
“Typically, El Nino is associated with stronger vertical shear across the tropical Atlantic, creating conditions less conducive for storm formation,” Klotzbach said.
The last time four or fewer hurricanes developed was in 2009, when three hurricanes formed. Before that, in 2002, three hurricanes also developed.
Despite the tame prediction, the two CSU climatologists warn that a slow season doesn’t mean that a hurricane won’t threaten the U.S. coastline.
“All vulnerable coastal residents should make the same hurricane preparations every year, regardless of how active or inactive the seasonal forecast is. It takes only one landfall event near you to make this an active season,” Klotzbach said.
Hurricane Andrew is a prime example of how powerful storms can strike even in slow years. The Category 5 system devastated southern Miami-Dade County 20 years ago in 1992 – a year that otherwise saw only six named storms.
Klotzbach and Gray predict that tropical cyclone activity in 2012 will be about 75 percent of the average season. By comparison, tropical activity in 2011, when 19 named storms formed, was 145 percent of the average season.
As part of their forecast, the CSU team predicts:
• A 42 percent chance that at least one major hurricane will strike the U.S. coastline. The long-term average probability is 52 percent.
• A 24 percent chance that a major hurricane will hit the U.S. East Coast, including the Florida Peninsula. The long-term average is 31 percent.
• A 24 percent chance that a major hurricane will make landfall on the Gulf Coast from the Florida Panhandle west to Brownsville, Texas. The long-term average is 30 percent.
WSI, a part of The Weather Channel, also calls for a relatively tame season, although one that would be closer to normal, with 12 named storms, including seven hurricanes.
Aside from Hurricane Irene, which struck North Carolina and caused major flooding in the Northeast last year, the United States has enjoyed three relatively calm storm seasons. Prior to Irene, the last hurricane to strike the U.S. coast was Category 2 Ike, which struck Texas in September 2008.
Florida, historically the most hurricane-battered state in the nation, also has been extremely lucky. It has gone a record six seasons without seeing a hurricane strike. The last hurricane to hit Florida was Wilma in October 2005.
Gray said despite the below-average forecast, the Atlantic basin remains in an era of tropical intensity, the result of a natural cycle. He said he expects that era “to continue for the next 10 to 15 years or so.”
Hurricane season starts June 1 and runs through Nov. 30.
© 2012 the Sun Sentinel (Fort Lauderdale, Fla.), Ken Kaye. Distributed by McClatchy-Tribune News Service.
Website: http://www.greater-orlando-homes.com
Finding, fixing your credit score
• All’s fair to Fair Isaac. Fair Isaac Corp. (FICO) does the math behind the credit scores sold by consumer-reporting agencies Equifax, TransUnion and Experian. Its site includes this page on fixing or improving your credit rating and has a lot of links and tips, the most important of which may be to force discipline into your credit use and to be suspicious of quick-credit-repair offers. There’s also a link to guidance for disputing errors in your credit history.
• The free pass. You are allowed, under a law called the Fair Credit Reporting Act, to get a free copy of your credit report every year from each of the big nationwide reporting agencies noted above. This is the centralized site for doing so. Beware of other offers, and remember that getting a free credit report does not include your credit score. You probably will have to pay to get that – and each agency produces its own report for a few bucks apiece.
• Report fraud. You need to call the police if someone has gotten hold of your credit-card number, or has made you the victim of any sort of fraud. Beyond that, the Federal Trade Commission has a program called Consumer Sentinel for channeling reports into a national database of telemarketing and identity-theft complaints. Start at this page to see how complaints are handled and the wide range of issues on which the complaint network has been gathering data.
• Practical advice. Bankrate.com columnist Leslie McFadden has some practical reminders about the strange world of credit ratings. For one thing, you won’t improve your score by closing credit-card accounts. That’s because your rating is based in part on how much available credit you have. Closing an account lowers that total. There may be other good reasons to close an account – to stop paying a high annual fee, for example – but this advice is good to keep in mind.
Copyright © 2012 The Philadelphia Inquirer. Distributed by MCT Information Services.
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Today in KW training I learned I need to blog. Now about what? Here is my FB page for you to see. https://www.facebook.com/#!/pages/Lake-Nona-Orlando-Florida-Realtor/266566783386247 & my website http://www.greater-orlando-homes.com
You can learn about the real estate market or search for a home. Ask questions. I’ll do my best to answer them. If I don’t know the answer I’ll find someone with the answer.
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