Some one have to Stop MADURO with the steeling money

Citigroup to sell more than $1B in Venezuelan gold in blow to Maduro regime, reports say By Stephen Sorace | Fox News Continue Reading Below Citigroup Inc. plans to sell several tons of Venezuelan gold it received as collateral from the Maduro regime to settle the country’s $1.6 billion loan after the deadline to repurchase the precious metal expired earlier this month, reports said Wednesday. Venezuela was due to repay $1.1 billion of the loan March 11, according to the terms of the 2015 deal with Citigroup’s Citibank, four sources familiar with the matter told Reuters. The remainder of the loan is due next year. US REVOKES VISAS OF 49 MADURO-ALIGNED OFFICIALS IN VENEZUELA Citibank now plans to sell the gold, valued at roughly $1.358 billion, to recover the first tranche of the loan, two of the sources told the outlet. The excess $258 million from the sale will be deposited into a U.S. bank account in New York. Continue Reading Below The development marks another financial blow to President Nicolas Maduro’s regime. Not only won’t it be able to access the cash in the U.S. account, but it could see it handed over to the transitional government being formed by opposition leader Juan Guaido, Bloomberg reported, citing sources with knowledge of the matter. GUAIDO SUPPORTERS IN VENEZUELA 'TOOK CONTROL' OF DIPLOMATIC BUILDINGS, US SAYS The socialist regime previously faced a financial setback in January when the Bank of England denied Maduro’s request to withdraw $1.2 billion of gold stored there. A week later, Venezuelan officials reportedly planned to ship 20 tons of gold, worth around $850 million, overseas to protect the country’s hard assets amid international pressure mounting against Maduro to cede power. The plan was reportedly halted before the gold could be loaded in Caracas onto an airliner from Russia, a major financial backer of Maduro’s presidency, along with Turkey and China. The ultimate destination of the bars was unknown. CLICK HERE TO GET THE FOX NEWS APP Maduro depleted more than 40 percent of the country’s gold reserves last year in a desperate bid to pay creditors and fund government programs as the nation deals with a crippling economy, a lack of basic necessities for its people and rising inflation under his socialist rule, Bloomberg reported. All that remains of the central bank's dwindling international reserves is $8.7 billion, most of which is held in physical gold, the outlet reported.

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These six reasons to buy a new house before your current home sells might convince you to rethink the process.
Here are some considerations to help determine when to buy a house before selling your current one.

1. You enjoy knowing what’s ahead of you. If you’re the type of person who feels nervous leaping into the unknown, you may find you’re more emotionally equipped to part with your current home when you know you’ve got your next place lined up.

1. You have time to hold out for what you want. You won’t feel rushed into settling for a home that’s less than perfect just so you have somewhere to live (or because your friends are getting sick of your crashing in their guest room). You’ll be able to wait for the perfect house, whether it’s in the perfect neighborhood, has a perfect layout, or is the perfect price (or all three!).

1. You could still bring cash to the table. You may qualify for a bridge loan if your credit is good and you have enough equity in your current home. Bridge loans allow transitioning homeowners who haven’t yet sold their current home to access the money they need for a down payment on a new home.

1. You save on extra moving costs and hassle. If you sell your home before you buy the next one, you may wind up moving twice — first to temporary housing and then to your new home. If you buy first, you’ll need to move only once. If your temporary residence is small, like a studio apartment or a guest room in a friend’s house, you’ll also face storage fees for all your furnishings in limbo.

1. You have a safety net. Although it’s not as attractive to the sellers you’re buying from, an offer that’s contingent on the sale of your current home allows you to put your next house under contract while still giving yourself extra time to find a buyer for your current home. In theory, that’s the best of both worlds.

1. Your next home is too good to pass up. You’ve found your dream home, and the seller is extremely motivated. If you love the home so much that you know you’ll regret letting this opportunity pass you by, then it could be worth taking a leap.

It’s not uncommon for sellers to search for a new home while simultaneously hosting open houses to encourage buyers to make an offer on their current home. But while common, being both a buyer and a seller is difficult enough, and even more so when you’re trying to time a sale with the purchase of a new home. If your current home sells quickly, you might feel rushed into your next home purchase if you want to avoid a move into short-term housing while you continue your search.

While the prospect of paying two mortgages for your current home for sale in San Diego, CA, and a new property across the country may send shivers up your spine, there are some definite advantages to buying a house before selling your current home. Plus, if you take advantage of the protections in place for sellers who are also looking for a new home, there is little risk in purchasing a new home before your current home sale is complete.

How do you decide when to buy a house? Have you bought a new home before selling your current home? Share your experience in the comments below!

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