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Win Deals: How to Navigate the Sale of a Tenanted Property with Ease

Win Deals How to Navigate the Sale of a Tenanted Property with Ease

Selling a tenanted property can be a win situation when approached with a strategic and considerate mentality. By focusing on clear communication, tenant cooperation, and marketability, property proprietors can navigate the selling a tenanted property, creating a positive result for the two tenants and potential purchasers.

  1. Transparent Communication:

Initiate transparent communication with tenants early simultaneously. Clearly pass your aim on to sell the property, giving details about the sales interaction, potential changes, and any impact on their tenancy.

  1. Coordinated Property Showings:

Coordinate property showings in collaboration with tenants to limit disturbances. Establish a reasonable showing plan that aligns with their schedules, giving advance notification to guarantee a smooth cycle.

  1. Tenant-Accommodating Motivating forces:

Encourage tenant cooperation by offering tenant-accommodating motivating forces. Consider choices, for example, diminished lease during the sales interaction, assistance with moving costs, or other advantages that demonstrate your obligation to making the cycle as smooth as feasible for the two tenants and potential purchasers.

  1. Professional Property Presentation:

Put resources into professional property presentation to showcase the home’s features. Great images, very much crafted marketing materials, and virtual tours can create a positive initial feeling for potential purchasers.

  1. Feature Venture Appeal:

Emphasize the venture potential of the property in marketing materials. Showcase the property’s positive cash stream, steady rental pay, and potential for increased rental rates. Situating the property as an attractive venture opportunity can draw in purchasers looking for immediate returns.

  1. Adaptable Shutting Courses of events:

Offer adaptability in shutting courses of events to accommodate the two tenants and potential purchasers. This adaptability can be particularly appealing to investors or purchasers who may require additional time for a reasonable level of effort or financing arrangements.

  1. Professional Real Estate Guidance:

Engage the administrations of a real estate professional experienced in selling properties with tenants. An accomplished agent can navigate potential challenges, successfully communicate with tenants, and position the property strategically in the market.

Navigating the landlord selling house can to be sure be a win scenario with smart strategies. By focusing on communication, tenant cooperation, and marketability, property proprietors can create a positive encounter for tenants and potential purchasers alike, guaranteeing a fruitful and harmonious transaction.

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Real Estate

Choosing the Right Location: How to Find the Perfect New Home for You

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When it comes to buying a new home, one of the most critical factors to consider is the location. Finding the perfect location for your new home is essential as it not only affects your daily life but also has a significant impact on your property’s value and potential future resale. Whether you’re searching for houses for sale in Braintree or exploring other areas, this guide will provide valuable insights on choosing the right location for your new home.

Understanding Your Lifestyle

Before you begin your search for a new home, it’s crucial to have a clear understanding of your lifestyle and priorities. Consider your daily routine, interests, and needs. Do you prefer a bustling urban environment or a serene suburban neighbourhood? Are you looking for easy access to amenities such as schools, parks, shopping centres, or cultural attractions? Take the time to evaluate what matters most to you and your family and use these preferences as a guide for selecting the right location.

Proximity to Work and Commute

One of the most significant factors to consider when choosing a location for your new home is the proximity to your workplace. Assess the commuting distance and transportation options available. Evaluate the time and cost associated with your daily commute and determine what you are willing to endure. Keep in mind that a long and stressful commute can affect your quality of life, so find a location that balances distance and convenience to your place of work.

Neighbourhood and Community

The neighbourhood and community you choose can greatly impact your overall satisfaction with your new home. Research the characteristics of different neighbourhoods, including safety, amenities, local schools, and community activities. Consider the kind of atmosphere you want, whether it’s a tight-knit community where neighbours know each other or a more private, secluded neighbourhood. Visit the area during different times of the day to get a sense of the overall vibe and determine if it aligns with your preferences.

School Districts

For those with children or planning to start a family, the quality of the school district is of utmost importance. Research the school ratings and performance to ensure that the area you choose provides the educational opportunities you desire for your children. Check if the schools align with your values, offer the programs you consider important, and have a track record of academic excellence. Keep in mind that even if you don’t have children, properties in good school districts often hold their value better.

Amenities and Services

Consider the availability of amenities and services in the location you’re considering. Are there grocery stores, healthcare facilities, entertainment venues, and recreational areas nearby? Evaluate your lifestyle and the conveniences that are important to you. Being in proximity to essential services and recreational opportunities can enhance your quality of life and make your day-to-day activities more enjoyable.

Future Growth and Development

When contemplating a location for your new home, it’s beneficial to consider the future growth and development plans for the area. Research any proposed infrastructure projects, commercial developments, or zoning changes that may affect the neighbourhood. Factors such as increased property values, improved infrastructure, and new amenities can contribute to the long-term desirability and potential appreciation of your investment.

Resale Value

While buying a home is often a long-term decision, i prudent to consider the potential resale value of the property. Look at historical trends and property appreciation rates in the area. Consider the demand for housing in the neighbourhood and whether it is likely to remain desirable in the future. A location that has a strong resale value can provide financial security and flexibility down the line.

Consult with a Real Estate Agent

Navigating the intricacies of choosing the right location for your new home can be overwhelming. Enlisting the help of a qualified real estate agent familiar with the area can provide invaluable guidance. A knowledgeable agent can help you understand the pros and cons of various locations, assess your needs, and find the perfect home that fits your lifestyle and preferences.

Choosing the right location for your new home is a vital decision that affects your daily life, long-term satisfaction, and potential investment value. By considering factors like your lifestyle, proximity to work, neighbourhood characteristics, school districts, amenities, future development, and resale value, you can make an informed decision. Whether you’re searching for houses for sale in Braintree or exploring other areas, taking the time to evaluate these factors and seeking professional guidance will help ensure you find the perfect location for your new home.

 

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Real Estate

Few Reasons to Focus on the Heat Prevention inside Your Factory and Warehouse

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Factories and warehouses can be challenging environment to work in, especially during hot summer months. Without proper heat prevention measures in place, employees can suffer from heat stress, heat exhaustion, and even heat stroke. 

You can choose your Thailand industrial property for rent (ให้เช่าโรงงาน นิคมอุตสาหกรรม, term in Thai) from the Thai Industrial Property, who can offer you as per your need. Here are a few reasons why it is essential to focus on heat prevention inside your factory and warehouse:

  1. Health and safety: One of the most important reasons to focus on heat prevention in your factory or warehouse is the health and safety of your employees. 

Working in high temperature for extended periods can lead to heat stress, which can cause fatigue, headache, dizziness, and dehydration. In severe cases, it can even result in heat stroke, which can be life-threatening. 

By taking measures to prevent heat-related illnesses, you can ensure the health and safety of your employees.

  1. Improved productivity: When employees are working in a hot environment, their productivity can suffer. They may feel tired, lethargic, and unable to focus on their tasks. 

By keeping your factory or warehouse cool, you can ensure that your employees are comfortable and able to work efficiently, leading to increased productivity.

  1. Reduced absenteeism: When employees are suffering from heat-related illnesses, they may need to take time off work to recover. This may end up in reduced productivity due to increased absenteeism. 

By implementing heat prevention measures, you can reduce the risk of heat-related illnesses and ensure that your employees are healthy and able to come to work.

  1. Cost savings: Heat prevention measures can also help to reduce energy costs. By using efficient cooling systems and insulation, you can keep your factory or warehouse cool without wasting energy. This can lead to cost savings on energy bills, which can be significant over time.
  2. Compliance with regulations: Many countries have regulations in place to protect workers from heat-related illnesses. By implementing heat prevention measures, you can ensure that you are compliant with these regulations and avoid any penalties or fine.
  3. Improved employee morale: Working in a hot environment can be unpleasant and uncomfortable, which can have a negative impact on employee morale. 

By keeping your factory or warehouse cool, you can improve employee morale and create a more positive work environment.

 

  1. Protection of equipment: High temperatures can also damage equipment, such as computers, machinery, and other electronics. By keeping your factory or warehouse cool, you can protect your equipment from overheating and ensure that it lasts longer.
  2. Better customer service: If your factory or warehouse is open to customers, keeping the environment cool can improve customer service. Customers are more likely to stay longer and make purchases if they are comfortable and not feeling too hot.

In conclusion, there are many reasons to focus on heat prevention inside your factory or warehouse. By implementing heat prevention measures, you can ensure the health and safety of your employees, improve productivity, reduce absenteeism, save cost, comply with regulations, improve employee morale, protect equipment, and provide better customer service.

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Real Estate

Four emotional factors influence property purchases.

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Residential residences are typically purchased for emotional reasons, unlike commercial property sales, which include a thorough evaluation of the price and return on investment. Understanding this underlying cause and tying the sale to it is essential to making a successful residential sale.

Here are four emotional factors that influence homes for sale coralville iowa purchases:

  1. Aspiration.

Many people have idealistic dreams of purchasing a property. When they disclose to others that they are homeowners, their prestige in society is elevated. They experience self-worth and pride. Purchasing a home is a significant turning point in their lives.

  1. For a way of life.

Some people have aspirations for a way of life they are presently unable to realize. They might want to work out frequently, but the idea of traveling through heavy traffic and looking for parking keeps them from going to the gym.

They may only require a residential complex with amenities like a gym, swimming pool, or sports facility in order to properly lead their ideal lifestyle.

  1. The calmness of mind.

Rent must be paid on a consistent basis if you live in a rented space. Many people worry about this since they may find it challenging to pay the rent should something unfavorable occur at work, such as an unexpected job loss. Such people would choose to reside in their own homes in order to feel at ease regarding this matter.

  1. Adhering to the group.

Don’t chuckle. For many customers, this is a crucial factor! They frequently overhear their friends and coworkers discussing and buying homes. They believe they are being left behind and that everyone else has advanced in life but them. They can be first-time homebuyers or even seasoned purchasers seeking a second home or a place to retire.

Over to you

H&H Custom Home Builders has the best homes for sale coralville iowa that can give you the best mental health and feelings of positivity.

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Real Estate

Important Things To Know Before Purchasing A Wine Estate

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Purchasing a wine estate is a dream for many, especially wine lovers. But buying a wine estate is a serious transaction that requires the buyer to take so many things into account. Some of these things include price, the quality of vines, technical equipment, and so much more.

Because of its technical and specificity, acquiring a wine estate requires the intervention of a professional who can help you validate the value of the property being sold, the quality of wines, the price of the estate’s wine, and meet with tax and legal specialists. This is where Wine Objectives come in. They specialize in the sale/acquisition of vineyard estates.

With that said, let’s take a look at some of the important things you need to pay attention to when purchasing a wine estate.

Consider the size of the wine estate.

One of the most important things you need to consider when buying a wine estate is the size of the estate you wish to buy. The amount you have will determine the size of the estate you purchase. So you must determine if you have the finances to purchase the wine estate.

To operate a larger size of wine estate is not a joke. You must have clear goals and learn how to manage them. That’s the only way you can successfully run your wine estate.

Choose the right location.

Another crucial thing you need to pay attention to is the location of the wine estate. You must ensure that the estate has good soil and great weather that can nurture the grapevines. In addition, you must ensure that the area is easily accessible to you. Remember that even if you decide to hire someone to help you run the vineyard, you must keep a closer eye on it to ensure that everything is running as smoothly as possible.

Type of grapes to grow.

You must also know the type of grapes you intend to grow on your wine estate. This will largely depend on the wine you want to produce. There are a lot of things you need to consider when choosing grapes to grow. You need to consider the type of soil and the area’s climate. You must also do your research to learn about the types of grapes that do well in that particular land.

Understand your finances.

Another important thing you need to do when planning to purchase a wine estate is to understand your finances. You can meet with a banker to help you understand the feasibility of your intended investment. What’s more, your banker or accountant can help you determine whether or not you can afford to purchase the wine estate and run the business successfully. Refrain from purchasing a property that tends to incur more losses than generating profits.

Visit the wine estate before closing the deal.

Once you are comfortable with everything about the estate, including the price, location, and anything else, you need to visit it. Walk around the estate and look at it thoroughly. Ask as many questions as you can about the wine estate. Learn as much as possible through the visit.

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Real Estate

Benefits of Living in an Executive Condominium

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An executive condominium (EC) is a type of housing that is developed and sold under the Housing and Development Act. ECs are a mix of public and private housing and are built by private developers.

There are many benefits of living in an EC, such as the following:

  1. More Affordable Than Private Properties:

An EC is more affordable than private property, as the prices are usually about 30% to 40% lower. This makes ECs a more attractive option for those who are looking for a property in Singapore but do not want to spend as much as they would on private property.

  1. Attractive Designs and layouts:

ECS is designed and laid out attractively, with modern and stylish features. This makes them a more desirable option for those who are looking for a new home.

  1. Good Location:

ECS is usually located in good locations, such as near MRT stations or in popular residential areas. This makes them a convenient option for those who want to live in a central location.

  1. Quality Construction:

Tengah EC is required to meet high standards of construction, as they are built by private developers. This means that ECs are usually of a higher quality than HDB flats.

  1. Choice of Units:

ECS offers a wide choice of units, from one-bedroom to five-bedroom apartments. This gives buyers the flexibility to choose a unit that suits their needs. For example, a one-bedroom apartment may be sufficient for a single person or a couple. However, if you are looking for a bigger apartment, you can buy a 3-bedroom unit or a larger one. This is ideal for families with children, who need more space.

  1. Facilities and Amenities:

ECs usually come with a wide range of facilities and amenities, such as swimming pools, gyms, and function rooms. This makes them a more attractive option for those who are looking for a property with good amenities.

  1. Maintenance Fees:

ECs usually have lower maintenance fees than private properties. This makes them a more affordable option for those who are looking for a property in Singapore.

  1. Potential for Capital Gain:

ECS has the potential to generate a good return on investment, as they usually appreciate over time. For a given value of the expected return, higher volatility in the stock price results in a higher Sharpe ratio. This is consistent with intuition since higher volatility results in higher risk, which is reflected in the numerator of the Sharpe ratio.

  1. Flexibility to Sell:

ECS can be sold after a minimum of 3 years, giving owners the flexibility to sell if they need to. This is unlike HDB flats, which have a minimum ownership period of 5 years.

  1. Conclusion:

Living in an EC has many benefits, from being more affordable than private properties to have a good location and quality construction. ECS is a good option for those who are looking for a property.

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Real Estate

How To Buy Land Online: 5 Tips You Have To Know

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Have you ever wondered about a safe, effective way to find and market land anywhere in the United States?  If you have, you should know that the internet provides you with great resources including a broader selection of pieces of land for sale. 

The process of buying land online includes:

  • Making a plan 
  • Searching for land on websites for land buyers
  • Finding the right piece of land
  • Handling the financial aspect of selling land
  • Looking for incentives
  • Researching property values nearby

Making A Plan

You should ask yourself whether you prefer urban or rural land. Rural land is often less expensive than urban land.  Before you buy land, you have to consider factors such as utilities, terrain, climate, access to infrastructure, and more.  

This is easier to do once you decide what you want to use the land for. For example,  people who want to farm would look for rural land in places with good quality soil and so on.  You can also narrow your search by coming up with a budget. 

Start Searching 

You can search for land online using the following online marketplaces:

You can use filters on these websites to narrow the pieces of land that are appropriate for you. The filters narrow by location, acreage, price, and kind of property.  

Finding The Right Piece Of Land

The right piece of land is the land that is in the right location, has the required zoning, and has the right topography.  You also have to consider whether it has access to the road and utilities.  When choosing a location consider how close the property is to a grocery store and gas station.

But if you want to live in a remote area, ensure that the parcel of land has good value. 

Financial aspect

People with a bigger budget do not experience a lot of complications when buying land like smaller investors. Most land purchases are made in cash because only a few lenders are willing to lend you money to purchase land. 

Once you identify the seller, you will have to provide proof of funds when making a cash offer. This will make the seller confident that you are able to pay for the land

Does the local government offer incentives?

Incentives can help lower the cost of building on a piece of land. Local governments offer tax breaks or easy building approvals as incentives in various areas in the United States. You will find this mostly in areas impacted by natural disasters such as hurricanes or floods.

With all these factors considered, you will find that buying land online is actually an easy and effective option for you.

 

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Real Estate

Nelson Partners Discusses the Advantages of Off Campus PBSA Student Housing Projects

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Going to college usually is one of the most transformational experiences in the life of the person. It has the potential to be one of the most exciting times of the life, where one discovers what true independence is. Opting to stay at an off-campus student accommodation facility can especially help students to become used to living on their own. Purpose Built Student Accommodations or PBSA developed and managed by renowned companies like Nelson Partners especially comes with a wide range of benefits, and can make the college years pretty memorable and smooth sailing for people.

The landscape of off campus housing has evolved considerably with the rise of PBSAs. Students can now expect a wide variety of amenities and incomparable service from diverse premium off-campus student housing properties. At off campus housing, one do not have to deal with any Resident Assistants (RAs) who would tell the students what to do, set a curfew and fix timings for meals.  Student living out of the campus can go and come as they please, and enjoy a pretty good degree of independence.

Majority of off campus student housing projects include the cost of utilities in the monthly rent. This basically means that the cost of cable, security, water, electricity, and more would be a part of the lease of the students. Such an approach helps the students to properly budget themselves, and even save a good sum of money. Certain properties may even have provision fort customizing the lease arrangement, as per which the students have to pay only for facilities they really need.

With the growing popularity of Purpose Built Student Accommodation, this landscape is also becoming exceedingly competitive. Properties today try their best to stand apart from the rest of the competition.  Owing to this, the rooms of modern PBSAs are usually decked with world-class furniture and have pretty hotel-like service. The cost of living there is also pretty similar to any on campus accommodation, making PBSAs a smarter choice.  Students can also opt to decorate their room in any way they like in order to provide a distinctive personal touch to the space.

In case of off campus accommodation, especially the ones offered by companies like Nelson Partners, students surely shall be spoilt for choice. They can opt for en-suite rooms, studio rooms or apartments, as per their preference and budget. No matter whether someone wants to live with their best friends or alone, PBSAs are likely to have the ideal living space for them.

One of the biggest advantages of off campus living is privacy. People get used to staying alone in a studio room or may even share an apartment with a fellow student. Choosing to stay off campus provide students with a break from the pains of sharing bathrooms, living with multiple students, and spending time at communal areas. Any student who prefers to be left to their own devices ideally should consider living off campus.

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Real Estate

The storage in a good home design 

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Older homes manage to have little wardrobes and not a lot of storage area. If you have lots of sports appliances, out-of-season clothes, craft supplies, and holiday ornaments, be sure you know where all this will go in your new home. Modern homes tend to have big cabinets and lots of storage. You can always add a storage area, but you might have to lose the living area in your rooms.

The Avenir is a new launches condo, can easily carry out all your dreams along with all your belongings in it. Made on a vast land area of 50,775.51 sqm, has a great space and wonderful interior. All its 376 units are provided with a luxurious touch and ample space for each of the compartments, be it in your kitchen, your bathroom, or your bedroom storage. The Avenir price begins just from $998 k to $8.3M. 

If you keep these specific components of a home in mind, your house hunting will be more successful, and you’ll likely end up with the home of your fantasies.

Important Design Element- Storage

A frequently overlooked characteristic of home layout is the proportion of storage that is positioned into the design. Additional storage area isn’t common in the minds of most home buyers with lists. If there is a lack of storage area or poorly positioned storage, the home value is likely to reduce. A lack of storage space in a home design is an illustration of a badly constructed home.

Here are some tips on how to, and why you should choose a home with plenty of storage space;

  • Bedroom Areas
  • LinensMost homeowners, particularly any with youngsters will like an extra bathroom storage area. A crafted linen closet with shelving can hold a lot more than a normal cabinet. 
  • Bedroom Closets- When building a new home, developers often keep the bedroom space vast so that it can accommodate your needs as well as can keep all your necessary things just near your head or foot. 
  • Main Floor Storage Space
  • Garage- Garage storage generally comes in the form of simple shelving, attic trusses with pull down ladders, or detailed storage systems. There are a ton of garage areas on the demand, so having a little more space in the garage can go a big way.
  • Pantry- No matter how much cupboard and counter area a kitchen has, a walk-in pantry is always enjoyed. A walk-in pantry is a great example of storage done perfectly.
  • Laundry- A laundry room should minimally have a rack lined along the sides of the compartment. Often the laundry room is where homeowners will stock laundry-related products (ironing board, hanging rack, detergents, etc) as well as use it as a niche to store other products like toilet paper, cleaning products, paper towels, and more.
  • Rear Foyer- The rear foyer is where the family will be arriving at the home most of the time, and, storage components for coats, shoes, phones, backpacks, purses, keys, and such are required here more so than even the beginning door. The storage space in this area could be cubbies and drawers, or a wide walk-in cabinet, whichever the space enables for.
  • Home storage can be tricky, and one way to get it designed nicely is to engage a reputable interior design such as AC Vision. Talk to them to find out more renovation ideas and ask for a quotation today.

 

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Real Estate

Job Opportunities in Real Estate

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Most of the well-known career opportunities within the industry involves buying and selling residential properties. Real estate however, has depth and offer more than just one job.  When looking for a job which is more flexible, with higher or lower stakes then you will find it in real estate. Some of these job opportunities include,

(a) Managing broker.

In order to be a broker manager, you have to be acetified professional with license of the same. Broker manage is required to have taken further studies to be professional. Most of the time a broker manager can be confused with agents. The difference between this two is that, broker manager are more educated and the agents work under them.it is a good profession and pays well.

(b)Real estate investor

These are investors who purchase a property be it a land or a structure, maximize their profit and sell their investment. It is one of the most paying job in real estate. For one to be a successful investor, you are required to have extensive knowledge about real estate and its market. For instance, purchasing a property without enough knowledge can really cost you because you can easily lose all the investment capital.

In order to be a successful investor you are required have capital, do due diligence on the property, know the risk involved and be willing to take them, finding best strategy investment i.e. buy and hold, fix-flip, rentals and most of all investing in the best property and knowing how to find it.

(C)Property manager

Property managers usually work for passive investors. They manage property on behalf of the investors. The work of a property manager is to ensure good financial status and good state of the property. They also ensure that the tenants are satisfied. To be one, you are required to have brokers’ license to prove that you are skilled professional.

(D) Leasing agent.

They work directly with property owners to find the perfect tenants to lease their rental property. They can work in commercial or residential sector. This job requires one to have great communication skills because you will be required to convince clients or tenants and satisfy them. This would require one to have great inter-personal skills because you will be meeting face to face and be able to navigate negotiations and conversations. Having knowledge of marketing can be also very useful.

 (E) An attorney.

These are professionals who apply their skills to the legalities behind property disputes. They are helpful when providing guidance to clients during purchase, transaction process to ensure everything is legal.in order to become one,  you are require to have a bachelor of degree in law, earned a juries dr. degree and pass the exams.  You are also required to have experience of two years before kicking off the career. 

(F) Marketing specialist.

These are professionals who execute marketing duties for real estate agents and brokers. They do not interact with buyers and sellers. There aim is to build their brands mainly through advertisement and get popularity. They simply make work easier.

In conclusion, real estate is one of the best field not just for investment but also provide many job opportunities.

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