Fannie Mae has put a block of 2,490 REOs up for sale. It’s the first pilot transaction of the federal government’s Real-Estate Owned (REO) Initiative announced in August 2011, which aims to sell homes repossessed by government agencies to private investors for the purpose of turning the properties into rental units.
Read more about the program here
What will you do with your extra day? Unless you live in an area where they don't recognize daylight savings time or leap years, you will have one extra day this year. That day is tomorrow, Feb 29th. If you were lucky enough to have been born on this day, you can celebrate your birthday today, or tomorrow, or March 1st. It's your call!
If it's not your birthday, do something special anyway. It's an extra day and you don't get one every year so make sure it's productive. Remember, what you do tomorrow could impact the rest of your life!! Here's some interesting info on why we need leap years....
A leap year consists of 366 days, as opposed to a common year, which has 365 days.
During Leap Years, we add a Leap Day, an extra – or intercalary – day on February 29. Nearly every 4 years is a Leap Year in our modern Gregorian Calendar.When is the next Leap Day?
Traditions and Superstitions on Leap Day
Leap Day Trivia
World Events during the Leap Year 2012
Why do we need Leap Years?
Leap Years are needed to keep our calendar in alignment with the Earth's revolutions around the sun.It takes the Earth approximately 365.242199 days – or 365 days, 5 hours, 48 minutes, and 46 seconds (a tropical year)– to circle once around the Sun.
 Note: The illustration is not to scale. |
How do we calculate Leap Years?
In the Gregorian calendar 3 criteria must be met to be a leap year:- The year is evenly divisible by 4;
- If the year can be evenly divided by 100, it is NOT a leap year, unless;
- The year is also evenly divisible by 400. Then it is a leap year.
The year 2000 was somewhat special as it was the first instance when the third criterion was used in most parts of the world since the transition from the Julian to the Gregorian Calendar.
Who invented Leap Years?
Julius Caesar introduced Leap Years in the Roman empire over 2000 years ago, but the Julian calendar had only one rule: any year evenly divisible by 4 would be a leap year. This lead to way too many leap years, but didn't get corrected until the introduction of the Gregorian Calendar more than 1500 years later.Information from timeanddate.com
www.SteveSellsGwinnett.com Steve Rider, CDPE Realtor with Keller Williams Lanier Partners in Braselton Georgia. Covering Barrow, Jackson, Gwinnett and Hall Counties in Northeast Georgia. If you're looking for real estate in Gwinnett County please contact me at 404 663 7063 or steverider1@gmail.com.
