Archive for the ‘Pune Stuff Questions & Answers’ Category
We are first in line for with a full price offer on a short sale.?
Posted by PuneStuff in Pune Stuff Questions & Answers on February 5th, 2012
Question by Mr MOJO123: We are first in line for with a full price offer on a short sale.?
We are dealing directly with the listing realtor and she is telling us that she is getting tasks from the bank (bank of America) nearly everyday to get information to them. She has told us last week that they told her we should be able to close in about 30-40 days. We originally put our offer in about 5 weeks ago. Is she just feeding us a line or should we take what she is telling us for real and to expect to close in that time frame. This is exactly the house that we have been looking for and are very excited to move in, but I dont want to get my hopes up too much if we aren’t going to close for months.
Also what tasks would the bank be asking her to do? Last week Bank of America asked her to get all of our information i.e social security numbers, address, phone numbers, complete mortgage information, our preapproval letter from our lender etc……is this a good sign??? Please shed some light for me before I pull my hair out!!!!!
Our offer was accepted by the sellers,we are just waiting for the banks approval
The BPO was done before the house was listed and we put full price offer.
Best answer:
Answer by Lana
A short sale can take a while (the name is misleading I know lol). I can’t stand Bank of America and I don’t trust most realtors, so I’ll try not be biased, but the information they asked from you looks normal to me. They need to know that you actually have been pre approved for that amount of money. Just keep in touch with the realtor because that is your biggest clue if anything is going wrong or not.
Know better? Leave your own answer in the comments!
We have a full price offer in on a short sale, anyone actually was successful with a short sale?
Posted by PuneStuff in Pune Stuff Questions & Answers on February 5th, 2012
Question by Mr MOJO123: We have a full price offer in on a short sale, anyone actually was successful with a short sale?
Has anyone actually been successful with a short sale going through Bank of America. If so…..how long did it take? Here is my story so far –
We are dealing directly with the listing realtor and she is telling us that she is getting tasks from the bank (Bank of America) nearly everyday to get information to them. She has told us last week that they told her we should be able to close in about 30-40 days. We originally put our offer in about 5 weeks ago. Is she just feeding us a line or should we take what she is telling us for real and to expect to close in that time frame. This is exactly the house that we have been looking for and are very excited to move in, but I dont want to get my hopes up too much if we aren’t going to close for months.
Also what tasks would the bank be asking her to do? Last week Bank of America asked her to get all of our information i.e social security numbers, address, phone numbers, complete mortgage information, our preapproval letter from our lender etc……is this a good sign??? Please shed some light for me before I pull my hair out!!!!!
Our offer was accepted by the sellers,we are just waiting for the banks approval
The BPO was done before the house was listed and we put full price offer.
I live in Michigan
Best answer:
Answer by acermill
How many times are you going to ask this same question before you understand that the responses to your previous postings are accurate ? The answers are NOT going to change.
This is the EIGHTH time you have posted this question, with minor changes.
Add your own answer in the comments!
Q&A: chosee the best answer ..human resource mangement….?
Posted by PuneStuff in Pune Stuff Questions & Answers on February 4th, 2012
Question by lareab: chosee the best answer ..human resource mangement….?
Due date for quiz submission is Thursday, 1st November, 2007
1._________ is the process of acquiring, training, appraising and compensating employees, attending to their labor relations, health and safety and fairness concerns.
a.Labor Relations
b.Organizational Behavior
c.Human Resource Management
d.Organizational Health and Safety Management
2.Which of these refers to the temporary, part-time and self-employed workers?
a.Internal labor force
b.Contingent work force
c.High-performance work systems
d.Downsized employees
3.Which basic function of management includes delegating authority to subordinates and establishing channels of communication?
a.Planning
b.Organizing
c.Leading
d.Staffing
4.Over the past 25 years, all of these areas of legal environment have influenced HRM except:
a.Equal employment opportunity legislation
b.Employees pay and benefits
c.Employee competition legislation
d.Job security
5.One of the most popular methods of increasing employee responsibility and control is _______.
a.Outsourcing
b.”Military model” of management
c.HRIS
d.Work teams
6.Which of these is a major dimension of HRM practices contributing to company competitiveness?
a.Compensating human resources
b.Acquiring and preparing human resources
c.Managing the human resource environment
d.All of the given options
7.How has technology changed HRM practices?
a.Recruiting using the web generates smaller, more focused applicant pools.
b.Employee training is offered through scheduled classes rather than on demand.
c.Electronic resumes take less time to evaluate than paper resumes.
d.None of the given options.
8.How do companies facilitate workforce diversity?
a.Rely on external support systems for minority workers.
b.Encourage employees to challenge the beliefs and values of other employees.
c.Build in accountability through surveys and audits.
d.Reinforce traditional values.
9.Employee involvement requires extensive additional HRM activity in which of these areas?
a.Training
b.Benefits
c.Labor negotiation
d.Marketing
10.Managers who meet designated goals are _______.
a.Assertive
b.Efficient
c.Effective
d.Entitled
11.David conducts new employee orientation for a large organization. His work is within which basic HRM function?
a.Management
b.Motivation
c.Career planning
d.Training and development
12.Employee relations specialists are involved in which of these activities?
a.Handling employee complaints
b.Working with position control specialists in compensation
c.Negotiating benefits packages
d.Coordinating interview schedules
13.The father of scientific management is ________.
a.Deming
b.Burns
c.Taylor
d.Hawthorne
14.A large organization is an EEO employer with an affirmative action plan. Which of these activities is performed as part of the plan?
a.All job applicants must have a recommendation from current or past employee
b.Insurance premiums from former employers of all applicants are analyzed
c.Job requirements are determined based on skills, knowledge and abilities
d.Job announcements are posted on the company bulletin board
15.Which of these items would be in the highest security category of a typical HRIS?
a.Employee name
b.Former employers
c.Salary
d.Work location
16.Which of these decreases in the labor supply is the easiest to predict?
a.Transfers-in
b.Retirements
c.Voluntary quits
d.Prolonged illnesses
17.Wal-Mart differentiates its business by offering the lowest prices. Offering the lowest prices is Wal-Mart’s _________.
a.Functional strategy
b.Competitive advantage
c.Distinctive competence
d.Corporate strategy
18.__________ is the process of assessing progress toward strategic goals and taking corrective action as needed.
a.Strategic management
b.Strategic planning
c.Strategic control
d.Diversification
19._________ is the right to make decisions, to direct the work of others and to give orders.
a.Leadership
b.Authority
c.Delegation
d.Management
20.Which of the following is considered a qualitative approach to job analysis?
a.Position analysis questionnaire
b.Interviews
c.Department of Labor approach
d.Functional job analysis
Best answer:
Answer by hydrovitae
I think my boss took the same f’n course that you did.
Know better? Leave your own answer in the comments!
Can trade union employees blog/post on list serves about non-union companies?
Posted by PuneStuff in Pune Stuff Questions & Answers on February 4th, 2012
Question by MDLandlord: Can trade union employees blog/post on list serves about non-union companies?
Are there any laws that would prevent an employee (not a member, but an official) of a labor union from blogging against a non-union company on community list serves or groups? If it’s not illegal, is it not ethical to encourage your local neighborhood group to block a new business that competes with the company your union represents? Any thoughts?
Best answer:
Answer by Teeby
No. A law such as that would violate freedom of speech.
I don’t find it unethical for someone to blog that they believe everyone should boycott a new business that is non-union. It’s called free speech and I personally like free speech.
Give your answer to this question below!
Q&A: chose the best answer from the following question accprding to human resource mangment?
Posted by PuneStuff in Pune Stuff Questions & Answers on February 4th, 2012
Question by lareab: chose the best answer from the following question accprding to human resource mangment?
1._________ is the process of acquiring, training, appraising and compensating employees, attending to their labor relations, health and safety and fairness concerns.
a.Labor Relations
b.Organizational Behavior
c.Human Resource Management
d.Organizational Health and Safety Management
2.Which of these refers to the temporary, part-time and self-employed workers?
a.Internal labor force
b.Contingent work force
c.High-performance work systems
d.Downsized employees
3.Which basic function of management includes delegating authority to subordinates and establishing channels of communication?
a.Planning
b.Organizing
c.Leading
d.Staffing
4.Over the past 25 years, all of these areas of legal environment have influenced HRM except:
a.Equal employment opportunity legislation
b.Employees pay and benefits
c.Employee competition legislation
d.Job security
5.One of the most popular methods of increasing employee responsibility and control is _______.
a.Outsourcing
b.”Military model” of management
c.HRIS
d.Work teams
6.Which of these is a major dimension of HRM practices contributing to company competitiveness?
a.Compensating human resources
b.Acquiring and preparing human resources
c.Managing the human resource environment
d.All of the given options
7.How has technology changed HRM practices?
a.Recruiting using the web generates smaller, more focused applicant pools.
b.Employee training is offered through scheduled classes rather than on demand.
c.Electronic resumes take less time to evaluate than paper resumes.
d.None of the given options.
8.How do companies facilitate workforce diversity?
a.Rely on external support systems for minority workers.
b.Encourage employees to challenge the beliefs and values of other employees.
c.Build in accountability through surveys and audits.
d.Reinforce traditional values.
9.Employee involvement requires extensive additional HRM activity in which of these areas?
a.Training
b.Benefits
c.Labor negotiation
d.Marketing
10.Managers who meet designated goals are _______.
a.Assertive
b.Efficient
c.Effective
d.Entitled
11.David conducts new employee orientation for a large organization. His work is within which basic HRM function?
a.Management
b.Motivation
c.Career planning
d.Training and development
12.Employee relations specialists are involved in which of these activities?
a.Handling employee complaints
b.Working with position control specialists in compensation
c.Negotiating benefits packages
d.Coordinating interview schedules
13.The father of scientific management is ________.
a.Deming
b.Burns
c.Taylor
d.Hawthorne
14.A large organization is an EEO employer with an affirmative action plan. Which of these activities is performed as part of the plan?
a.All job applicants must have a recommendation from current or past employee
b.Insurance premiums from former employers of all applicants are analyzed
c.Job requirements are determined based on skills, knowledge and abilities
d.Job announcements are posted on the company bulletin board
15.Which of these items would be in the highest security category of a typical HRIS?
a.Employee name
b.Former employers
c.Salary
d.Work location
16.Which of these decreases in the labor supply is the easiest to predict?
a.Transfers-in
b.Retirements
c.Voluntary quits
d.Prolonged illnesses
17.Wal-Mart differentiates its business by offering the lowest prices. Offering the lowest prices is Wal-Mart’s _________.
a.Functional strategy
b.Competitive advantage
c.Distinctive competence
d.Corporate strategy
18.__________ is the process of assessing progress toward strategic goals and taking corrective action as needed.
a.Strategic management
b.Strategic planning
c.Strategic control
d.Diversification
19._________ is the right to make decisions, to direct the work of others and to give orders.
a.Leadership
b.Authority
c.Delegation
d.Management
20.Which of the following is considered a qualitative approach to job analysis?
a.Position analysis questionnaire
b.Interviews
c.Department of Labor approach
d.Functional job analysis
Best answer:
Answer by Andrew O
c
b
c
c
you do the rest.
Give your answer to this question below!
I have 2 yrs of exp in BPO..?
Posted by PuneStuff in Pune Stuff Questions & Answers on February 3rd, 2012
Question by : I have 2 yrs of exp in BPO..?
If I’m entering into software development, will my experience be taken into account or I’ll be considered as a fresher?
Best answer:
Answer by Common Sense
That’s up to the employer.
What do you think? Answer below!
I am intersted to start new company like BPO.so what are the steps i have to take reach my aim.?
Posted by PuneStuff in Pune Stuff Questions & Answers on February 3rd, 2012
Question by ravikanth: I am intersted to start new company like BPO.so what are the steps i have to take reach my aim.?
I have man power
Best answer:
Answer by frefin
” To start new company like BPO”. So I understand your not sure of which company. U said ” U have manpower”.Manpower of wat skills.
Can you be clear pls.
I have good expertise in BPO industry. I was with DELL outsource venture for almost 4 yrs. Have worked in UK. And now as business consultant..
Ingeneral I suggest to do this to achive ur AIM
1. Do extensive research in the industry you plan to venture
2.Acquire enough knowledge and expertise to run the show
3. Meet ppl in the same industry and find the risks involved
4. Analyse risks and your expertise to handle them
5. Develope financial mode -run it in the worst scenario and see the impact on profits etc.
6. Finally if everything looks good and positive. Implement your action to reach your AIM OR GOAL.
All the best..
Add your own answer in the comments!
bank appraisal on a short sale higher than market value?
Posted by PuneStuff in Pune Stuff Questions & Answers on February 3rd, 2012
Question by marquee: bank appraisal on a short sale higher than market value?
My wife and I have an offer on a short sales. Home was listed @ $ 399K and we offered $ 377500 knowing there would be some room to negotiate. The list price seems about right for the zip and price per sq ft. The back BPO came back @ $ 450K and the bank has yet to counter our offer. Also from the info our realtor has gotten, @ $ 450K the sellers could do a conventional sale and walk away even. It all seem a little out of whack on the numbers the bank is coming up with.
We paid to have our own home inspection done and there are about $ 20k in repairs to be done as well. I know the short sale is “as-is” and that is fine, however does the bank take any of that into account on their BPO and their counter?
Does the bank always start off as high as possible and then negotiate or when they counter that is their best price?
acermill – I do understand what the market value is and I do know we went in $ 30-$ 35 below market. I did extensive research and have seen the home inside and out. The BPO for this house is out of sync IMO since they neighborrhood had lots of 2 story 2200 sq ft homes selling for $ 425-$ 475. This is a one story home @ 1450 sq ft. It is not a cookie cutter area where all the homes are same size and same everything.
Glenn,
Thank you for your answer. We had our home inspector to take as many pics as possible and we will use that if we can. If not the bank will never get $ 450 and would be lucky to get $ 405. I home around the corner, however slightly smaller @ 1200 sq ft sold for $ 350.000.
I would think if the sellers owe $ 425 that if they thought they could get $ 450 they would and after fees be pretty close to walking away even.
Best answer:
Answer by acermill
The lender will absolutely consider the BPO valuation, and will most likely counter at a price fairly close to that $ 450K figure. Understand that the lender is not going to agree to a sales price considerably less than their BPO estimate provides. That the asking price was $ 399K is irrelevant. The lender will hold out for the highest sale price with which it can eventually sell.
DO understand that the asking price of $ 399K does NOT necessarily reflect market value.
Give your answer to this question below!
Q&A: i m B.Tech(elec & comm)done in ’05.Since then working with BPO as no company takes fresher, where do we go?
Posted by PuneStuff in Pune Stuff Questions & Answers on February 3rd, 2012
Question by anshul: i m B.Tech(elec & comm)done in ’05.Since then working with BPO as no company takes fresher, where do we go?
I am B.Tech(electronics & communication)done in 2005.Since then working with BPO as no company takes fresher, even small electronics and communication companies don’t take freshers, every one wants experienced people. Tell me if no company will give job to freshers then how can we get experience? and also if by luck i get chance to have interview in electronics company then they say that as u have got bpo exp so there is no place for u. becoz they are paing u a lot and we can’t afford it, and this point of time no rebuttles work out even if I say “No I am ready to do as per ur norms”. But answer is “NO”.
Where do we go?
Best answer:
Answer by daljit_nitk
well… Its really difficult to move to a development company with a BPO experience.
All you can do is do some advanced course in your field..Embedded systems could be an option. C-DAC organises such courses and they also provide placements.
http://www.cdac.in/html/misc/desd/desd.asp
sometimes to find the best in your life takes a little longer…so keep moving.
Give your answer to this question below!
What software do tv companies use to broadcast live footage such as football games etc?
Posted by PuneStuff in Pune Stuff Questions & Answers on February 2nd, 2012
Question by : What software do tv companies use to broadcast live footage such as football games etc?
Just out of interest I wanted to know what TV companies use to put out live programs such as football etc, sometimes you notice cool transitions and such that goes to a slow motion of the football goal just scored, then switches back to the football live coverage? It must be real easy software because it would take to long to do this on complex im guessing?
Best answer:
Answer by 17R3W
It’s nothing to have dozen or hundreds of people working a sporting event.
You would have an entire graphics debt doing stuff ahead of time, and at the game it’s self. They can also pull the score automatically from the score board (in most cases).
You transitions, and video clips, and photos, would be all pre-made before you even get the game.
That being said, you can look up
- VT by Newtek (NBC channel 4 in Detroit uses it)
- and the Tricaster also by Newtek. They use it for the D-leages in the NBA, and at many colleges.
(Best of all, one or two people can work the Tricaster, by selves).
Hope those help.
- 17R3W
Add your own answer in the comments!