The last time I went through the traditional mortgage application process I thought I would choke on the paperwork. The number of phone calls and faxes involved was ludicrous. I thought to myself ‘There must be a better way.’ The good news… there IS a better way, and it’s called private money for real estate [...]
... ...Most of the millionaires are made through investing in real estate. Investing in real estate is also popular because every investment made provides a financial security for the future, which proves to be more than just a monetary assurance. Many people are opting for real estate investments, especially after the volatility experienced by equity markets [...]
... ...While buying your first home or your next home can be an exciting prospect, securing financing can often be stressful. There are many documents to fill out, forms to sign, many of which can be confusing. You will need past tax filings, bank account and asset lists and more. At a time when it is [...]
... ...When Ram Kumar, a Non-Resident Indian brought a 1000 sq feet flat in Delhi, India for Rs 30 Lakhs in 2004, he thought he was over-paying for it. Today, not only has the value of the flat more than doubled, but Ram, who is based in Austin, Texas, is truly estatic, that for the first [...]
... ...While selling a home as is, it is important that your home is marketed well for attracting buyers who are willing to pay top dollars. Listing your home for sale is a good way of promoting your home and will certainly help in attracting the most suitable buyers. However, the type of listing you select [...]
... ...One might be wondering why some lenders turn down a mortgage application while some others might consider it fit for approval. The answer may well lie in the credit report and the credit score to be precise which plays a crucial role in loan sanctioning.
Credit history is an important factor affecting loan granting decisions [...]
In years past, selling a home was always considered a fairly ’standard’ process. You choose a realtor, the realtor shows your home to people, you sit back and wait for offers, you hope an offer comes in that you’ll like, and if it does, you sell. That’s it – the way it’s done.
Only, not so [...]
I am surprised how many people don’t know the difference between “enterprise value”, which is the sales price of a home (debt plus equity), and “equity value”, which is what is left at the end of the day when you sell your home and pay off the mortgage. In determining whether this was a [...]
... ...You may have seen these ads in your local town, posted in the newspaper or on a billboard, and in a seller’s market; they might seem a little weird. After all, who would sell their home for less than they could get for it, by selling fast, to a person or company buying it sight [...]
... ...Just over ten years ago the nouveau riche Russians were bringing suitcases of cash to the Cote d’Azur and Monaco to buy property , but a decade later it’s the British - using conventional banking methods and with it a degree of respectability - who are investing in Europe’s top tax haven.
While the British have [...]
