Now is a good time to buy a home but have your finances in order first.DESPITE the state of the world we currently live in, there are plenty of buyers in the marketplace that understand the good opportunity that Townsville provides. After more than a decade of subdued activity, our region is primed for recovery and I believe we’ll be coming out of the gates strongly as restrictions start to ease and the worldwide situation continues to improve. Put simply, it’s an opportune time to buy your next home or investment property.Yet if you’re in the market to buy, it’s important to have your finances in order. Why? Chiefly because those buyers needing a longer time to get their finance approved are missing out on homes they love to others with shorter finance terms. This is largely (and understandably) due to banking business practices being modified and overloaded. However, in most instances, it comes down to preparation.So, what does preparation look like? In all markets (but especially in the current one), financial preparation is about understanding your overall fiscal position. A lack of understanding and preparedness will prove costly if information is incomplete or missing, and at times finance applications fail on what seems like a trivial item. Unfortunately, I see this happen all the time. Once you’ve made the decision to buy, the next step is to contact your bank or finance broker and spend time preparing to make an offer. More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020Make it clear that you’re serious, and request that you begin the application process prior to finding the right home, so they can request all relevant information from you, scrupulously assess it, request more details if necessary and give you the best possible advice on what your budget and lending capacity should be.In taking these steps, you’ll not only be well-informed before you begin to browse the marketplace, but you’ll also have much of the preparation work completed prior to sending your bank or mortgage broker contract documents. And by doing this, you may also find that you’re in an advantageous position when making offers. You are more likely to beat the competition for the home you love, either because you can achieve a shorter finance term or because you’re informed and confident to make an offer when you find the right home.
In the argument of student-athlete compensation, one side generally defends the current system saying that these athletes are getting their tuition paid for and that is a huge sum of money. Of course, not all college athletes are on a full-ride scholarship, but for those that are; their scholarship doesn’t achieve its full value.Photo courtesy USC Sports InformationBusy schedule · The men’s golf team has a busy November, playing on Monday and Tuesday before hitting the links again next week for three days. It’s just one instance of an athletic team tied down by a rough schedule.Student-athletes continually choose their sport over school because the Pac-12 and their school force them to. How can anyone expect student-athletes to put their academics first when their governing bodies refuse to do the same?This debate is especially relevant given all the attention that Thursday night football games have been given and their impact on the minutes football players spend in the classroom, but it isn’t just about football players. Once again the massive entity that is collegiate football has overshadowed the non-revenue sports that suffer from this problem just as much if not more.The men’s golf team has two consecutive weeks in November in which they have a tournament during the week. This week, the team played on Monday and Tuesday and next week they will be on the links Monday, Tuesday and Wednesday.That means they are missing the equivalent of a full week of school from just two tournaments.The women’s volleyball team also plays a significant number of times during the week. This week they played in Tucson on Wednesday night and again in Tempe on Friday, meaning they will miss Tuesday through Friday this week.“On Tuesday we travel, Wednesday we play and Thursday we travel to Tempe,” women’s volleyball head coach Mick Haley said to the Daily Trojan before the team left. “Then we play early Friday at 6 p.m., but we can’t get out that night, which is terrible because we have to get up early to get them back by 9 the next morning on Saturday.”This atrocious schedule leaves very little room to achieve academic excellence. In the same interview, Haley said he thought the team would only be in school for eight days in November.It doesn’t matter how many administrators and coaches come out and say academics are the priority for their teams if their actions speak differently.This isn’t a new problem either and the NCAA in all its resplendent glory is aware of the problem.The organization has conducted a study in order to gain insight into the experiences and well being of student athletes. This survey, “Growth, Opportunity, Aspirations and Learning of Students in College,” was conducted in 2006, 2010 and most recently in 2015.The findings are disheartening, considering the word student comes first in student-athlete. In Division I schools, athletes reported dedicating a median of 34 hours a week to their sport in-season, a two-hour increase since 2010. Not surprisingly, football players spent the most time, averaging 42 hours a week. The other sport that struck the 40-hour mark — that of a full-time job — was baseball at 40 hours per week.The silver lining is that athletes also said they are spending more time on academics than they were in 2010 with the number of hours per week rising from 35.5 hours to 38.5 hours while they are in season. Across the board, female student-athletes said they spent more time studying than their male counterparts.Fifty-nine percent of male and 66 percent of female Division I athletes said they want to spend more time on academics during the season. The three sports who consistently reported they spent significantly more time on athletics than academics were football, baseball and men’s golf.Student-athletes are missing class at very high rates as well. Ten percent of football players reported missing three or more classes a week during their season, and this was the lowest number among of the categories the NCAA provided for Division I athletes. Nineteen percent of baseball players, 21 percent of men’s basketball players and 22 percent of women’s basketball players — all limited to Division I athletes — reported missing three or more classes a week during their season.Between the time spent traveling or working out and the time spent pursuing a degree, the life of a college athlete is far busier than most average students. Unfortunately, most of the student-athletes surveyed were not dissatisfied with these time commitments during the season.By promoting a culture of athletics taking precedent over academics, these athletes are being done a disservice by their universities.According to the NCAA, just 1.6 percent of NCAA football players go on to compete in the NFL. 1.1 percent of men’s basketball players make it to the NBA and for baseball players, 9.7 will be drafted by a Major League team.By taking athletes out of the classroom for such a significant time, the University is taking away valuable preparation for a world beyond athletics. This isn’t to say that college sports should be done away with, there just needs to be some reform in the amount of time that these athletes are expected to contribute to their schools when what they are receiving in return — their education — is being taken away from them.Hailey Tucker is a junior majoring in broadcast and digital journalism. She is also the sports editor of the Daily Trojan. Her column, “Tucker Talks,” runs Thursdays.