Articles About Commercial Real Estate

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Charlotte, NC. Lease to Own

Posted by: Ceno W.

 

I read today that for the first time since stats have been collected on household formations in America. The majority of American households are now being headed by single mothers. This information was enlightening to me. I’m an investor and managing partner at Wilson Real Estate Investments, LLC. in Charlotte, NC. Please visit our websites at, www.wilsoninvestmentproperties.com or www.wilsoninvestmentpropertiessells.com. We purchase and sell single family housing in the Charlotte, NC. metropolitan area. Most of our sells are done by a “lease with option”, which is also known as “rent to own”. I will be discussing this form of home buying in greater detail. I believe the option to purchase is one of the best ways to purchase a home if you’re having trouble coming up with the down payment or have less than stellar credit. As the new face emerges of the RE investor after the market crash, we believe that the mission of investing will be different .The new investor must be engaging to his clients needs. They will also need to be experts at least in the local real estate market. At Wilson Real Estate Investments, LLC. We believe that every house is built for a family and every family should own their home. It is a matter of matching house to family and family to house. We have focused our information to the single mother needing to purchase a home for her family. We will be using video and blogging to provide information on the process of home purchasing. These videos will provide information and explain terms that you will need to be familiar with as well as the process of home hunting, negotiating the contract with seller or realtor and signing real estate documents, to making the application for the mortgage. We will discuss the difference between buying foreclosure, shortsales, existing homes and from builders. The most important thing I would like for you to know and remember is that the information provided is just that, it is not intended to advise you or be the final authority on the subjects discussed. We will always say that your specific situation may be different so always seek legal advise from an attorney or tax consultant before entering into any deal or contract. For more information on our lease program click on more information below.

MORE INFORMATION

Last updated: 02.01.2011 05:27 PM

In Search Of Beatifying Small Businesses

Posted by: Molly M.

As soon as you decide that your business idea is visible, you will need to figure out how you are going to pay for this great idea of yours. Every business large or small needs available funds to operate, whether you’re paying for something new or just expanding into the market, you would require a business loan.

There are many sources of business loans. State and local economic development agencies and numerous non-profit organizations provide low interest loans to small businesses who may not qualify for traditional loans by the banks and traditional lenders. When it comes to applying for these loans, the good news is that most of traditional lenders require same information. Obviously each loan program would have specific form that you are required to fill up before you get approved. But for most part, you’ll need to submit the same type of documentation so it’s a good idea to gather what you will need before you proceed to the actual application.

 

Queries Of Lenders

To prepare for a business loan for your small business you require the Q&A including why you are applying for a loan? How you tend to use the loan in the long run? What assets need to be purchased and who are the suppliers? What other type of business debt do you have? Who are your creditors? Who specifically are the members of your management team? And lastly how strong is your personal back ground?

Importance Of Your Business Credit Report

If you are already in business, you probably know you should be prepared to submit a credit report for your business. As with personal credit report, it is important to review your business credit report before proceeding the application process.

Income Tax Returns

Most traditional lending agencies or local banks require applications submitted with personal and business income tax returns for the previous three years.

Monetary Statement

Most of the local banks and traditional lenders require business owners with more than a 20 percent stake in business submitted with the fiscal statement. You may also require to provide projected financial statement either as part of or separate from the business plan. Following are the forms required for financial statement.

http://www.onlinecheck.com/business_loans.html

  1. Balance sheet
  2. Income statement
  3. Cash flow
  4. Bank statement
Account Details

Most loan programs require the details of businesses current financial position, the previous position before they began to submit loan application, that would be account receivable and account payable in order to make sure . http://www.onlinecheck.com/business_loans.html

Collateral

Collateral requirement can be different from one lender to another. Some loan program may make you put your property at stake. Strong business plan and financial statement can help you avoid putting up collateral. Your personal or business property may be used to secure a loan   http://www.onlinecheck.com/business_loans.html

Business Loans By Merchant Advisors

Small businesses can make their business life easier and simpler by relying on Merchant Advisors for business loans, for vast business growth , no collateral, easy and massive cash flow, gigantic magnitude of working capital and a blooming business

http://www.onlinecheck.com/business_loans.html

Last updated: 01.18.2011 02:19 AM

How to sell Real Estate Fast in any market!

Posted by: Roger L.

Welcome back to Roger Loesel Realty and www.sellingyourcolumbusohiohome.com

Last segment we talked about the most important factor to consider when selling your Columbus Ohio home. That is the perception of value ( click here to view http://http://www.youtube.com/watch?v=44SrnI015q4).  Perception of value is what determines whether  a house sits on the market or sells off the market!

Today I will talk about how we can create a perception of value in any market. When a house is priced at or better yet 3%-5% below the median sales price; (  In appraisal, the indicated price of a comparable property after adjustments have been made to account for differences between comparable and subject properties.
Example: The comparable property is identical to the subject property except that the comparable has an additional half bath. The sales price of $170,000 is adjusted by subtracting $6,000 for the extra bath. The adjusted sales price is $164,000.
Read more: http://www.answers.com/topic/adjusted-sales-price#ixzz1BEfBQZeL ) buyers perceive the perception of value they need; and they buy a house. They think that if they don’t act somebody else will buy the property and they will loose out.  So to have multiple offers and a chance of your property selling at a higher price; we need to price your property at what other properties are selling for in the area. The closer we are to the 3% to 5%   below market value; the greater the perception of value and ultimately more offers. Which means less time on market and you less worries. To get all your questions answered or to schedule a private consultation on selling your property click http://www.sellingyourcolumbusohiohome.com or call 614-961-0169.

Last updated: 01.16.2011 03:11 PM

The number one factor to consider when selling real estate!

Posted by: Roger L.

 

 The most important factor when selling your home.

 

Welcome back to Roger Loesel Realty and Selling Your Columbus Ohio Home.On the last video we talked about 

  1. The Columbus Ohio market                                                                                                          
  2. And we discussed some factors that sell homes

Today we are going to cover the number one factor that every seller must consider when selling their home; and that is perception of value.

With 16593 homes currently listed with the Columbus Board of Realtor's MLS service buyers must see a perception of value in a home to take action and buy it.

Real Estate is a commodity not a product; just like Stocks, Bonds, Gas or Oil. With a product the manufacture sets a price and through advertising the consumer either buys the product or not. With a commodity the market sets the price; so the prices are determined by the amount of inventory that is readily available. An increase in inventory on the market and prices go down. A decrease in inventory on the market and prices go up.

  Why is this?

Perception of Value

When inventory is entering the market place at a increasing rate and prices are going down buyers feel that they can wait and get a better deal tomorrow. But when their is a shortage of inventory and prices are going up; buyers feel that they will miss out or pay more tomorrow for the same property. They act now and buy the property.

This is why some homes sit on the market and why some homes sell quickly. It is all about the perception of value that the buyers see. To get all your questions answered or to schedule a private consulation click www.sellingyourcolumbusohiohome.com or call 614-961-0169. To get a free price compareison on any market click www.sellingyourcolumbusohiohome.com/content/articles/freecma.html


Last updated: 01.16.2011 03:05 PM

The Deerstand

Posted by: Joel F.

Wow! What a great opportunity to be able to buy an established restaurant on Scenic Highway 6 in Deerwood. The staff is ready to go and put their talents to work for you. The head chef had clients coming from Brainerd, and the Mille Lacs lake area. Even the late Kirby Puckett loved this place. Only a slowing economy forced the closing of this restaurant over the summer.

First off a brief history of the restaurant. Back in 2005 an abandoned church sat here on the corner of Mn 6 and MN 210. A family had an idea to convert it to one of the finer eating establishments in the Lakes area. I grew up heading to our families cabin on Lake Roosevelt in Outing MN. So I know this route is well traveled year round by those heading up north to the cabin. This family saw potential in this run down building. The open beam cathedral ceiling made for a very appealing eating area. They started by saving those beams and by cleaning them and putting on a fresh coat of stain.

They also added knotty pine for a true "Up North" feel. The bar was then hand made from 3" thick slabs of pine all one piece. This makes for a very unique bar top as the tree edges face out to the customers. There are several seating areas including the deck which is where Kirby liked to keep a low profile when eating. The stage is up a step from the dance floor which is up a step from the main area. This gives an awesome character to the place not found in other establisments. Just look at the natural lighting during the day, power was off and no flash was needed for the above photo. There is also a loft area for additional private dining and or office.

Downstairs also has a full bar and another eating area which was used extensively for private banquets. All of the coolers, freezers, bar equipment are still on site and ready to go. The chef personally designed the kitchen layout for his use so the set up is just the way it should be. All the fryers, grills, and pressure cookers are in place as well. Don't miss this great opportunity to own "The Deerstand" and take advantage of todays lower price and fabulous reputation. The owners will even work with you the first few months to get you up and running smoothly.

 

 

Stop on by and take a look!

Make sure your home is

"SOLD by Friday!"

Joel Friday  DMR Realty, Inc.

612-868-6287

Andover MN homes for sale

GPS enabled home search right from your cell phone

text "JFRIDAY" to 87778

Last updated: 01.03.2011 11:35 AM

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