An Introduction to Real Estate Commercial Loan Documentation
Posted on June 12, 2008 - Filed Under Finance | Leave a Comment
Sternberg brings an expertise that only after 30+ years as a real estate investor one can have. This article is a must read for any investor dealing with commercial real estate investment for the first time.
The financial stakes are much higher when you’re dealing with commercial investments rather than residential investments. With such deals, the rewards are greater, but the risk is also. So, it will pay you to understand completely the terms and wording of commercial loan documents. In this article, I’ll provide you with the necessary knowledge of the basic loan forms and language.
Can’t Sell Your Property In Today’s Real Estate Market? This is the Solution for You!
Posted on June 3, 2008 - Filed Under Finance | Leave a Comment
Sternberg brings a “buyers first” view and expertise after 30+ years as a real estate investor. This article is a must read for any one dealing with a property that they need to “move”.
If you have a property you own and can’t sell, you’re probably wondering what your choices are. A rent-to-own may be a viable option.
Creating a rent-to-own scenario is very simple. Take for instance the property you own. Find a buyer to lease it for a designated period of time and give them the option to buy that property when they come to the end of that time period. This strategy may also be known as “lease with option to buy”.
Understanding the Annual Percentage Rate (APR) and What It Really Means In Real Estate
Posted on May 31, 2008 - Filed Under Finance | Leave a Comment
Sternberg brings a “buyers first” view and expertise after 30+ years as a real estate investor. This article is a must read for any one seeking to understand the APR and how it relates to real estate.
The annual percentage rate (APR) gives you the yearly cost of a mortgage in the form of a percentage. The rate calculations include interest, mortgage insurance, and the origination fee (points).
The APR has two main purposes.
1. it allows borrowers to compare loan programs from different lenders so they can see which program is the cheapest.
The Real Estate Short Sale- How It Works
Posted on May 16, 2008 - Filed Under Finance | Leave a Comment
Sternberg brings a “buyers first” view and expertise after 30+ years as a real estate investor. This article is another Sternberg “must read”.
If real estate investing is new to you then you might wonder what the term “short sale” means. You might also be thinking, in a market that exists today, what short sales could offer you in the way of opportunities.
The best way to describe short sales is with an illustration: