Spill kits are a great help when it comes to all kinds of spills. Mainly used in industrial settings they are becoming more popular to carry around in vehicles as well, to deal with anything from oil and fuel to AdBlue.

So, to help you choose the best spill kit to keep in your vehicle we have compiled a guide to the different types and their purposes.

What are spill kits?

Spill kits contain everything you need to deal with hazardous and non-hazardous spills in a safe way. They include a container holding absorbent materials, which will often be pads or long socks (also known as rolls) that can be put around the spill to create a barrier so it does not spread to a bigger area.

Depending on the type and size of the spill kit you choose, they may also include squeegees, gloves and plastic trays.

Types of spill kits

Oil spill kits

Oil spill kits will include: white absorbent pads and socks stored in a bag, plastic drum or wheelie bin, depending on the kit’s size. The pads and socks are designed to handle different types of oil like hydraulic, engine or lubricating oil, as well as fuels and other hydrocarbons.

The oil spill kit pads and socks absorb spilled oil but repel water, so they don’t become saturated with harmless substances before they can deal with the spill. This makes them  perfect to use to clean oil from water tanks, pools and even streams. It is easy to know when they have reached their limit as they will change colour when absorbing the oil.

AdBlue spill kit 

The AdBlue spill kit usually comes with a blue top bin that has a clip-close system for easy storage. Inside, you will find GP socks and GP double weight pads, disposable bags and ties.

AdBlue is a harmful substance that can do a lot of damage to the environment which is why an AdBlue spill kit is essential if you use AdBlue.

Chemical spill kit

Chemical spill kits are designed to soak up acids and alkalis and are ideal for COSHH-compliant workplaces.

EVO universal spill kit 

A universal spill kit includes grey pads and socks, contained in a zip bag or a clip-close bin. Because of its ability to absorb and retain high volumes of liquid it can help prevent secondary contaminations after a spill. It is also ideal for use on many non-hazardous substances as it can absorb water, coolants, drinks, paint and other liquids. When oil spills are not contaminated with water then the universal spill kit can be used to soak up the oil.

Spill kit sizes

You can find a range of sizes on the market to meet your needs. EVO universal spill kits can range from 20  to 240 litres. AdBlue ones can be from 25 litres to 240 litres, to name a couple of examples.

Did you know that foreclosures have increased by 67% last October?

This can be quite the opportunity for home buyers. Finding a suitable home sale bargain in today’s fast-paced and competitive industry might be difficult.

A distressed property may be right for you if you’re searching for a new house at or below market value and you’re persistent and patient. However, before you narrow your search, you’ll need to have a solid understanding of short sale vs. foreclosure.

Read on for our breakdown of the differences between a short sale and a foreclosure. We’ll explain them one concept at a time.

Short Sale vs. Foreclosure: What Is a Short Sale?

In the simplest of terms, both parties must have a written agreement to proceed with a short sale before it can commence. A short sale will need documents from the lender, generally a bank. This is because the lending institution stands to lose a substantial amount of money.

If your lender authorizes a short sale, the buyer first negotiates with the homeowner before going to the bank for permission on a purchase. You can’t finalize a short sale without the consent of the lender.

The lender gets the selling funds after the short sale has been authorized and completed. On the other hand, the homeowner is still liable for the deficit, which is the balance of the loan.

The Benefits of Short Sales

Foreclosures are often in worse condition than short sales. Many folks are attempting to recover as much of their credit as possible. There is a good chance they have taken care of the utilities and other routine maintenance.

Short-sale properties have less competition. You may have a fantastic deal on a short-sale house, which can sell for less than the market value. There are a lot of homebuyers who are afraid of the procedure and don’t want to deal with a bank.

The Drawbacks of Short Sales

You’ll find that short sales are set up “as is,” there is a higher chance of losing money when purchasing one. After paying the outstanding debt, the existing owner might retain the house. The buyer would have to forfeit any inspection or due diligence fees paid.

Because several lienholders are involved in a short sale, the process might take longer than a regular house sale. If the property has additional liens, such concerns will need to be resolved and authorized by the bank before the sale may go through.

There may be a lot of extra paperwork, fact-checking, and follow-up with the bank, realtors, and others involved in a short sale purchase. There may be a lot of neglected maintenance concerns that need to be handled promptly by homeowners who are in a short sale scenario.

What Is a Foreclosure?

Foreclosures are started solely by lenders, unlike short sales. If a borrower is three to six months or more late on their payments, their lender has the right to foreclose on the property.

Foreclosure processes differ from state to state regarding the notices lenders must issue and homeowners’ choices to bring the debt current. There are certain limits imposed by law on how quickly a bank must sell a property.

But, if you’re on the other end of the spectrum as the homeowner, you might want to learn more here about avoiding foreclosure on your house.

Here’s how the process works. First, the lender initiates legal proceedings to seize ownership of the property and compel the sale of the residence. The lender hopes to recoup its original investment in the mortgage by taking this action against delinquent borrowers.

In contrast to short sales, many foreclosures occur after the homeowner has left the property and can no longer pay the mortgage. If they haven’t already done so, the lender evicts the residents in the foreclosure process.

To complete the property sale, the lender must have access to the property. Because the lender is anxious about getting rid of the asset as soon as possible, foreclosures often go through faster than short sales.

Foreclosed properties may also be sold through trustee sales when purchasers compete for the property in a public auction.

The Advantages of Foreclosures

Real estate that has been foreclosed on is often sold below the market value.
Sale timelines are shorter for foreclosures than for short sales since most of them are sold as-is for cash.

When a homeowner is short for cash, the property may be subject to tax liens or delinquent taxes. In the event of a bank foreclosure, all liens and encumbrances against the property are removed from the title.

The Disadvantages of Foreclosures

When buying a foreclosed house, the most significant obstacle you may face is finding a buyer willing to pay cash. Buyers will probably require a substantial amount of money to buy the house and to cover the price of renovations.

Homeowners who reach the point of foreclosure on their property have generally run into serious financial difficulties and have either ignored or abandoned their property’s upkeep.

What About Preforeclosure?

The first phase in a foreclosure action is a preforeclosure, initiated when a homeowner fails to make three to six months of mortgage payments.

There are many choices available to borrowers in preforeclosure. Several options are available to those who have fallen behind on their mortgage payments, including making a lump-sum payment, working with their lender to modify their loan, or simply selling their property to avoid foreclosure.

The owner or a real estate agent conducts the transaction in both preforeclosures and short sales. Short sales might be more complex because the bank is involved and has the authority to reject bids that the owner has accepted.

Short Sale Tips: Simple and Sweet

If you’re new to the world of real estate, then trying to figure out the nuances between short sales and foreclosures on distressed properties can be overwhelming.

Hopefully, our guide has broken down the differences between short sale vs. foreclosure. This way, you can decide with a solid foundation of research. And, if you are hungry for more advice, you can head to our real estate section for our additional strategies and explainers.

Are you looking for a way to capitalize on your passion for sports? Do you wish there was a way to crank up the competition, even more, when you watch professional sports? If so, then you need to learn all that you can about sports betting.

This can add a fun element to your love of professional sports. You and your friends can add a whole new layer of fun when you watch the games together for NFL, NBA, MLB, NHL, and so on.

See below for an in-depth guide on the 5 pro tips you should know for sports betting that can help you enjoy yourself and stay responsible.

1. Look Beyond the Records

When David went up against Goliath, he had only a few pebbles and a slingshot. Professional teams—even the underdogs—can beat the favorites with even less!

Many people use the records to indicate which team they’ll place a bet on. However, the margin of talent is minimal in any professional sport. This means that any great team can be beaten under the right circumstances.

So how will you know who’s going to come out on top? How can you pinpoint the major upsets that are most likely to happen? By looking beyond the team’s records. We encourage you to look at things like:

• The weather report for the day
• The home team’s record at home, and vice versa
• How each team’s superstar performs against the other team (EX: Miami was always a problem for Tom Brady)
• Each team’s record the last three games

Some of these factors will play bigger roles than you’d think. For example, if the Los Angeles Chargers have to play in 10-degree weather in New England, which do you think will win?

If you want to pull off the big upsets, then you have to take initiative and look into the finer details of the matchup.

2. Create a Bankroll

It’s well documented that gambling, when done irresponsibly, can lead to money loss. This has some people thinking that you have to micromanage your spending to ensure you don’t hit the red. That couldn’t be further from the truth.

There is an easy way to enjoy sports betting without having to manage your money at every turn: start a bankroll.

This concept allows you to allocate a certain amount of money to be used only for sports betting while making sure that you never spend more than you intend to.

First, determine a set amount of money that you’ll apply to sports betting each paycheck. No amount is too small, just make sure you’re comfortable with it.

For example, let’s say you decide that $20 from each paycheck will go into your bankroll. After two paychecks, you have $40 in your bankroll. Let’s say you place $10 on a bet and, after winning, receive $20. That means you now have $50 in your bankroll to use.

However, if you were to ever hit $0 in your bankroll, you can’t place any more bets until $20 is deposited from your next paycheck.

As a side note, experts recommend that you should never place more than 5-percent of your bankroll on any given bet. This minimizes the risk and allows you to place several bets to increase your winnings.

3. Always Check the Injury Report

The Golden State Warriors are always a tough team to beat. On paper, if they were to match up against the last-place Houston Rockets, they should win pretty easily. However, what if Steph Curry was out with an ankle injury that night? That certainly changes the complexion of the game.

It’s always important to look at player injury reports before you place a bet. Whether you’re betting on a point spread or money lines, an injured superstar can significantly shift the competition level.

Injury reports are made quote public these days, so you can find this information with ease. Use whichever sporting news platform you trust the most!

4. The Team’s Schedule Matters

Is the favored team coming off of a huge upset? If so, then they will be inspired to make a statement in the next game, meaning they might cover the spread easily.

Do they have a big matchup coming up in their schedule relatively soon? If that’s the case, then they might be looking ahead to that one and, if they aren’t careful, fall victim to an upset!

The schedule of the favored team always plays a factor in your bets. On-field production is as mental as it is physical, which could give you an edge when betting on sports.

5. Know the Designations

If you’re just starting or getting a feel for sports betting, then you’re probably confused by looking at a betting line.

Just know this: if a team is favored to win, then they will have a minus sign next to their name, along with the odds. If a team is labeled as the underdog in that matchup, they will have a plus next to their name, with the odds to the side.

When betting for the favored team, make sure you understand how much you’d have to pay to get a fair amount of winnings. Make sure it’s worth it before you take the bet.

Use These Sports Betting Tips to Your Advantage

Now that you have seen an in-depth guide on all of the pro tips that you should know for sports betting, be sure to use this information wisely.

Take the time to browse our website for more articles on sports betting, as well as many other topics that you will find helpful.