I Would Like To Refinance A Commercial Property And Payoff A Second Mortgage?
Question by carmen p | Posted in Renting & Real Estate
I have a second mortgage on my bosom property with a 6.50% I want to refinance a commercial property and pay off that second mortgage. My first mortgage has a 4.7% My commercial real estate has a 6.50% This is a 5 year balloon rate the 5th year is right
Answer: Yes you should refinance if you have the revenues to support it. It sounds like a good plan, safe luck.
Is The Interest On A Commercial Real Estate Loan Higher Than For A House? What If It's A Second Mortgage?
Question by BingoBanggoBongo | Posted in Renting & Real Estate
Answer: Almost always. Lenders be aware that people fear losing their own home more than a rental, investment, or commercial idiosyncrasy, and will be more likely to make their house payments on time than other loans when they are in monetary distress,
What Is The Potential Impact On My Personally If A Bank Puts A Lien On My Commercial Property?
Question by openminded83 | Posted in Personal Finance
I have been paying deligently every month on my in harmony of credit and now the bank is considering not renewing my loan. They restrain the second mortgage on the commercial property and another bank holds the primary loan. What is the worst protection
Answer: all of the above === sat down and employment something out with the banks!!!!
Where Can I Find High Traffic Sites To Advertise My Real Estate Services?
Question by songwriter44@sbcglobal.net | Posted in Other - Advertising & Marketing
i am a mortgage counselor. i help people sell their homes for top dollar. i also improve people sell their second mortgages, land deeds and commercial bona fide estate. getting a price quote is free, and there is no requirement once you try the service.
Answer: i see people who advertise on the shopping carts at the grocery department store.
HELP!!! We Owe Too Much On A Truck..their Is No Leinholder?
Question by mom | Posted in Insurance & Registration
We owe too much on a sundries..way more than it's worth..it's financed as a second mortgage.(Commercial Loan) ?? What would happen if the trash was totaled? Would the insurance company pay for what we owe on the truck? Just peculiar.
Answer: No. If their quest didn't find any evidence of insurance fraud, they are obligated to pay you the verifiable value of the truck. They will not, nor are they required to pay you what you still owe on the loan. That is your problem, not theirs.
Broker commercial mortgage | Commercial Second Mortgage Blog
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The second largest (3.4%) exclusively serviced loan is a 302992 square foot firm property located in Chicago, IL, approximately 15 miles northwest of the
The insurer is betting on a commercial corporeal estate rebound, and said last month that the prospect of increased mark values in the US makes mortgage
A $650 million commercial mortgage handcuffs issue sold to investors at a yield of 4.66%, or 150 point of departure points over benchmark swaps. The remaining part, a $650
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The second largest (3.4%) exclusively serviced loan is a 302992 square foot firm property located in Chicago, IL, approximately 15 miles northwest of the
Sellers of commercial mortgage-backed securities won idiom giving regulators flexibility to tailor risk-retention rules to delineated products.