Archive for January, 2010
Jan
31
Can u take out two mortgage on the same commercial property in order to purchase it?
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Wanting to purchase some commercial property for a large amount. I was thinking if I could take out two mortgages at the same time against it in order to have enough for the down payment of that property
Quick Property Sale
Jan
29
In a Commercial storefront lease, what exactly does $21 NNN a square foot?
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I know that the price is a square foot and you divide that by 12 to get monthly price. My question is: does that $21 NNN mean that the NNN is included in the price, or is it usually plus the $21?
Repossession
Jan
28
What may be a reasonable interest in a 30 year commercial mortgage ? ?
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What may be a reasonable interest in a 30 year commercial mortgage ? I”ve been offered an initial 3 year fix interest of 7.5 with a 20 % down , Does it sound right?.Can somebody explain how it works please?
Quick Property Sale
Jan
25
Real Estate Sales – Sale Listings of Cheap Real Estate
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Real Estate world has always known for its return of successful investments. While many people have made substantial amounts of money in every aspect of real estate, commercial real estate is where the money is today. In the current real estate market, the people who are making the big money in real estate own commercial buildings. What does commercial real estate have to offer an investor?
Real Estate Sale Listings – Residential or Commercial
We can start by considerig the fact about the big difference between commercial buildings and homes. When you lease out a commercial building you can expect to get several thousand dollars per month in rent. When you lease out a home, you might get one or two thousand dollars at the most. This means that you will get a vastly higher amount of cash flow from a commercial property.Another advantage of commercial property is that the firm or company always maintain the property well, as they lease for long period of time.
Now chek if you want to sell your home. A couple of basic facts from this: First, make sure to factor in all costs of a transaction. Second, understand the difference between the aggregate home value and the equity you have invested in the home, which is what impacts your true economic return. Third, appreciate the impact sales-related costs can have on your return. While a $6,000 commission difference seems relatively insignificant in the context of a $650,000 home sale, it is very significant in relation to the equity investment in your home, which is the basis of determining your return on your home investment.
Find Cheap Real Estate for Sale Here – Residential or Commercial
Quick Property Sale
Jan
20
Commercial Mortgage Credit Crisis – Hold on
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If you are in the commercial mortgage industry you’ve got to read to MBA’s recent report on delinquency rates as it will be the best news you’ve had in weeks. Of significance here is that our side of the business is holding its own, and is still performing.
Despite all of the press and hype. And despite an overall weak economy. 2007 was the best year on record for delinquency rates and we have only tick up slightly as of September 2008. All in all, commercial mortgage delinquency rates are still at historic LOWS.
For example the overall delinquency rate on the CMBS market is now at .53%, which is an increase of only .05% from the first quarter of 08. Life insurance portfolios are at delinquency rates of only .03%… Don’t believe me? Read the report. Fannie Mae is at .11%. Freddie Mac is at .03%.
Here’s a snippet: “To put these numbers in context, of 35,276 commercial/multifamily loans in life company portfolios, with a total unpaid principal balance of $252 billion, only 23 loans with an aggregate UPB of less than $69 million were 60+ days delinquent at the end of the quarter. Of $1.2 trillion of commercial/multifamily mortgages at FDIC-insured banks and thrifts, only $15 billion was 90+ days delinquent.” http://www.mortgagebankers.org/NewsandMedia/PressCenter/64870.htm
At the end of the day, when we get some stabilization the investors on the secondary market will take a look around, with some objectivity, and be shocked at how well this segment of the industry actually stood up to the pressures of Wall Street and the sliding economy in general. Perhaps they will even gather that this is a solid investment and one that was been tested and proven.
Obviously, the issues are systematic and complex (and we’re not out of the woods yet) but if it makes you feel any better, at least we can sit here and proudly think that we’re not the root of the problem or really even a contributor of it. And we can sit here and think that maybe the creators of the CMBS and Conduit markets weren’t crazy.
Rent Back Fast
Jan
18
The Uniform Commercial Code, Article 2, governs:?
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The Uniform Commercial Code, Article 2, governs:
A. Sale of goods
B. Real property
C. Services
D. All of the above
E. None of the above
Real Estate Professionals
Jan
17
London Commercial Property Given a Boost!
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Real estate investors could find themselves once again attracted to London commercial property after the recent announcement by the mayor of London, Boris Johnson, that new funding designed to boost the level of regeneration work in the capital has been released.
The city’s most deprived areas are going to be targeted with the £77 million of funding that is going to be provided over the next three years. Boris Johnson is adamant that London commercial property schemes to improve the most rundown areas of the city must go ahead and states that the funding will play a vital role in making this happen. This combined with the fact that the UK commercial property market is now one of the best value in the world in terms of investment, according to the annual strategy review by global property fund manager La Salle Investment Management, means that London commercial property is likely to start seeing an upside in the next few years, despite the negative impact and effects of the credit crunch so far. The UK has fallen first and hardest across global commercial property markets, which now makes it one of the most attractive areas for investments, especially from Middle East investors. Recent commercial property news has been all doom and gloom so it is great to have some positives on the horizon. UK real estate is starting to generate real interest from overseas investors who see that it has great long-term investment returns potential. The huge downturn for commercial property has meant that there are now some extremely appealing properties available for sale that could be snapped up at absolute bargain prices.
La Salle’s research has shown that direct investment into UK commercial property is around 55% lower for 2008 than the same period in 2007. The UK real estate market is still expected to see further declines and price and rent reductions as a reaction to the current economic climate but by mid 2009 there are likely to be improvements on the horizon, which is great news for London commercial property investors. Like financial services the commercial real estate industry has been extremely hard hit by the current economic climate both in the UK and worldwide so it is great news that there seems to finally be an upside to it all. The UK property sector appears to be remaining reactive and innovative to the current changes which will stand them in good stead for future recovery.
Passive Income
Jan
16
need a space for coffee shop very hard and very stress to find pls if you have a commercial space that can offer to me in mall, office building, gimikan place, manila area, makati area, fort global, airport, or any place that people really enjoy drinking coffee i try to find all in internet real state finder,like entrepreneur,sulit,buy and sell but its all are for sale i need only is for lease thanks i will so much appreciate to thank you
Sell and Rent Back
Jan
15
We would like to buy a small holiday park in the UK. What kind of mortgage should we be approaching the bank for? We’re not sure if it should be buy to let, a commercial mortgage or a business mortgage. Any suggestions would be welcome. Thanks
Quick Property Sale
Jan
14
looking for a building to lease for a detail shop in racine, wisconsin where do i look?
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