Is Honesty the best policy? It depends....
In Asian this could happen. A Mercedes owner send his car to a mechanic, cause there is an irritating sound rattling beneath the car floor board. Immediately the mechanic crawls underneath his car for a quick inspection. On checking he realises it is only a tiny nut not properly tighten. However he tells the owner it might take him awhile to fully check the unhidden fault and requests the owner to come back in a couple of hours. As soon as the owner leaves, the mechanic gets the nut tighten in just a few minutes. Few hours later, when the owner comes back, he is charged for $300 which is a few minutes' repair. Mechanic may exaggerate that a heavy repair is done. Owner is too pleased to pay and fully satisfies with the repair. $300 charge is worth the waiting for the big boss.
In The West this could happen. Everything is the same as above, except... Upon detecting the faultiness of the loose nut, mechanic would immediately tighten the nut while he is still beneath the car. After the quick job is done, he would charge $300 and the owner would pay willingly at the same time.
Reason for not arguing over the high repair charges for a quick job; The mechanic is efficient in detecting the mistake. By doing so, he has saved much time for the owner and he could continue his journey without interruption. The $300 is worth all the effort.
Not the Asian. If the mechanic would reveal the truth, the big boss might not pay a $300 job for a few minutes' repair. By being not honest, the owner is willing to pay $300 for a few hours untruthful task. So readers... Who is right and who is wrong? You tell me please!!!
My belief - "Integrity is doing the right thing, even if nobody is watching".
12 comments:
Dear Robert,
Whether you are an asian or western, the circumstances do not make a man, they actually reveal him.
Every action we take reveals who we are and what we choose to uphold. The hardest part is that sometimes those choices are not easy and that is what separates an ethical results driven leader from everyone else.
Having firm values and adhering to them is difficult because by taking this action we may be viewed by some as one way or another. Then we are grouped and now judged not for who we are, but for another’s perception.
Lhs
Hi Lhs,
Thank you for sharing your thought. It was well said.
Virginia's housing market has become increasingly competitive, particularly in the northern region where proximity to Washington D.C. drives up property values. This rising demand for luxury homes and larger estates has led many buyers to seek jumbo mortgages. These loans allow buyers to finance expensive properties without needing to split their borrowing into multiple loans. However, because jumbo loans involve higher risk for lenders, they typically come with more stringent qualification requirements. Borrowers in Virginia must demonstrate strong financial health, including high credit scores, low debt-to-income ratios, and significant reserves or assets.
For more visit jumbo mortgage Virginia.
Heading south, Virginia Beach has long been known for its coastal appeal, but its residential areas like Great Neck and Hilltop offer a family-friendly suburban lifestyle just minutes from the ocean. These neighborhoods blend the tranquility of suburban life with easy access to the beach, shopping centers, and some of the region’s best public schools. Buyers are often drawn to Virginia Beach for its reasonable home prices compared to Northern Virginia, along with its relaxed atmosphere. Whether you're looking for a modern condo or a traditional single-family home, the options here are diverse and enticing, making it a top pick for long-term investment and quality living.
For more visit best neighborhoods in Virginia to buy a home.
Heading south, Virginia Beach has long been known for its coastal appeal, but its residential areas like Great Neck and Hilltop offer a family-friendly suburban lifestyle just minutes from the ocean. These neighborhoods blend the tranquility of suburban life with easy access to the beach, shopping centers, and some of the region’s best public schools. Buyers are often drawn to Virginia Beach for its reasonable home prices compared to FHA loan credit score requirements Virginia, along with its relaxed atmosphere. Whether you're looking for a modern condo or a traditional single-family home, the options here are diverse and enticing, making it a top pick for long-term investment and quality living.
One of the most recommended options for first-time buyers in Virginia is Virginia Credit Union. Known for its community-centered approach and strong local presence, the credit union offers mortgage products with low down payment requirements and competitive interest rates. First-time buyers often benefit from reduced fees and access to homebuyer education classes, which can help them better understand the responsibilities and benefits of homeownership. As a best lenders for first-time buyers in Virginia owned institution, Virginia Credit Union prioritizes customer service and tends to be more flexible with lending criteria than larger national banks. This makes them an appealing choice for buyers who may not have perfect credit or a substantial down payment.
The calculation of property taxes in Virginia is based on the assessed value of real estate, which includes land and the structures on it. Local government assessors are responsible for determining this value, typically through periodic reassessments that reflect changes in market conditions and property improvements. Assessments are supposed to approximate fair market value, and they can be challenged by property owners who believe their valuation is inaccurate. The assessed value is then multiplied by the local tax rate—expressed in dollars per $100 of assessed value—to determine the total tax bill. For example, if your home is assessed at $250,000 and your local tax rate is $1.15 per $100, your annual property tax would be $2,875.
One of the major advantages of Virginia USDA loans is their accessibility. Unlike traditional mortgage products that often require a significant down payment and high credit scores, USDA loans are tailored to individuals and families with more modest financial backgrounds. In many parts of Virginia, particularly in counties like Augusta, Rockingham, Shenandoah, and parts of Loudoun, homes fall well within the USDA eligibility map. Even some suburban regions qualify under the program, allowing buyers to live within commuting distance of larger cities while benefiting from the favorable loan terms that the USDA program provides.
One of the most popular routes for home financing Virginia is through conventional mortgage loans offered by private lenders. These loans often require higher credit scores and larger down payments than government-backed options, but they can be ideal for borrowers with solid financial standing. Fixed-rate mortgages provide stability in monthly payments, which can be particularly beneficial in a fluctuating market. Adjustable-rate mortgages, while riskier, can offer lower initial payments—an option some Virginia buyers explore when they plan to refinance or sell before rates adjust.
It’s important to understand that while 580 is the technical minimum credit score for the low-down-payment FHA loan, lenders have the right to impose their own credit requirements that are stricter than those set by HUD. This is known as an "overlay." In practical terms, some lenders in Virginia may require a score of 600 or even 620 to approve an FHA loan, especially if the applicant has other risk factors like high debt-to-income (DTI) ratios or limited employment history. These overlays reflect the lenders’ need to manage risk, even within a government-insured loan framework. So, while the FHA may be willing to insure a loan with a score of 580, not every lender in Virginia will necessarily approve that loan. For more visit What is the minimum credit score for an FHA loan in Virginia?
FHA home inspection requirements Virginia are typically conducted by HUD-approved appraisers rather than traditional home inspectors. These professionals are not only assessing the market value of the home but also determining whether the property meets the FHA’s Minimum Property Standards (MPS). In many cases, first-time buyers in Virginia assume a home inspection and FHA appraisal are the same, but this is a misconception. The appraisal focuses on the value of the property for lending purposes, while the inspection ensures the home is safe, structurally sound, and suitable for occupancy. If major issues are found during this process, such as roof damage or foundation problems, the home may not qualify for FHA financing until those issues are addressed.
Virginia Beach is one of the most sought-after coastal cities on the East Coast, and buying a house here is a dream come true for many. Known for its scenic beauty, expansive beaches, and vibrant lifestyle, this area offers a rare blend of suburban peace and urban convenience. Whether you're looking to settle down permanently, retire in comfort, or invest in a vacation home, Virginia Beach has properties for all types of buyers. The city’s neighborhoods range from quiet, tree-lined streets perfect for families to modern beachfront condos ideal for singles and retirees. Buying a house in Virginia Beach not only gives you a beautiful place to live but also provides access to excellent schools, healthcare facilities, and recreational opportunities.
For more visit buy house in Virginia Beach.
Post a Comment