Josh Cantwell earned his reputation in the real estate market by actively taking part in hundreds of real estate deals. To share the knowledge he has gained over the years, Mr. Cantwell opted to co-found Strategic Real Estate Coach. Thanks to the unique business approach he uses, he is able to find a good balance between his work and his home life, allowing him to focus on his wife and young daughter. Individuals who choose to follow in his footsteps find they are able to do the same.…
This report will examine the commercial property that Concordia Real Estate Inc is considering as a potential investment opportunity. The project is being evaluated over an investment horizon of twenty years with total costs estimated to be approximately $20.06M. If accepted, Concordia Real Estate Inc plans to finance the project entirely with cash. The investment’s profitability will be analyzed using several key financial indicators. Based on the results of the analysis a recommendation will be made as to whether or not the project should be accepted. The key results of the analysis are listed below:…
Georgia is among the few states where the foreclosure process is concluded within a shortest time. This is because the borrower gives the title of the property to the lender through a deed or a trust. The lender owns the property until the borrower pays he debt. If the borrower fails to pay, the lender can declare the deed in order to secure the debt. The reason for the short foreclosure time is that a court order is not required and the backlog of cases that exist in the courts does not delay the process. Foreclosure laws in Georgia provide that lenders may foreclose trusts or deeds using judicial or non-judicial foreclosure processes. The judicial foreclosure process involves filing a lawsuit and obtaining a court order to foreclose. This…
Crowning Glory LLC, is a limited liability company. According to Business Dictionary, A limited liability company (LLC) is a corporate structure whereby the members of the company cannot be held personally liable for the company's debts or liabilities. Limited Liability companies are essentially hybrid entities that combine the characteristics of a corporation and a partnership or sole proprietorship (Business Dictionary, n.d.).…
The selected target market would be best for the company. It would be easy for the firm to attract these people, and they can easily match the criteria and requirements of the loans.…
National direct lending, real estate company Arbor Commercial Mortgage, LLC, recently announced the completion of overall loans of $200,315,900 that span a total of five Southern and Midwestern states, including: Texas, Arkansas, Tennessee, Alabama and Ohio.…
Although not one of the largest mortgage service companies in the nation, Mortgage Lenders of America is growing rapidly. Headquartered in Kansas City, Kansas, the lender serves 34 U.S. states with FHA, USDA and VA government-backed loans in addition to conventional loans, however, they do not offer Fannie Mae or Freddie Mac mortgages. Much of the lender's business is from online customers; their website offers information about their services and it also gives consumers a way to verify the lender's licensing.…
There are currently millions of American citizens who have been affected by the recessionary economy and who may have considered a home mortgage refinance. Most of those who recently lost part of their income are facing difficulty making the monthly payment. Still others wish to sell their home but find they cannot do in the current market and may be facing foreclosure. These are the types of people President Obama is trying to help with his "Making Home Affordable" package.…
Fannie Mae and Freddie Mac impacted the home loan advertise by expanding home proprietorship rates in the United States; in any case, as history has demonstrated, permitting Fannie Mae and Freddie Mac to work as suggested government-sponsored syndications had real repercussions that far exceeded the advantages these associations…
The real estate industry is thriving with approximately sixty-eight percent of all Americans being homeowners. With low interest rates, 1st time home buyer down payment assistance programs, and government funded educational opportunities (i.e. the Home Ownership Center of Greater Cincinnati), the real estate and mortgage lending industries will continue to flourish. However, there are some unethical lending practices that are threatening the housing industry as a whole.…
Wells Fargo is helping military veterans transition to new careers and build their professional network with a $50,000 investment in John F. Kennedy University’s VALOR Center. The grant will fund a veteran-focused entrepreneurial program, develop a network of mentors, and promote the available resources to other veterans that might not be aware of these wonderful resources.…
It was good seeing you again yesterday, and I appreciated the opportunity to review and present the Rubicon Case Study to you and the team. I think the way you and the team did the case study is extremely interesting as it gives the chance to see firsthand the actual types of companies you are considering for investments. I acknowledge that given timing I was not able to review everything to near the level I would normally, and I am more than happy to answer additional questions on any part of the case that may arise as you review. Regardless of how the process turns out, if you have some time in the next couple weeks to grab a quick coffee or play some basketball, I would be extremely interested to get your take on Rubicon and how…
Twenty-five years ago, the banking industry successfully eliminated a critical restriction: the limit on the interest rate a lender can charge a borrower (“Do You Know What You”). These restrictions were known as usury laws. These laws were in effect for centuries prior to the 20th century (Geisst 2). Usury laws were established to protect the borrower from predatory behavior (Geisst 3). “Prior to the 20th century, charging interest on loans was considered heresy by the church. Anyone caught charging excessive interest was excommunicated and often punished” (Geisst 3). Banks fought for restrictions to be lifted arguing the usury laws were standing in the way of progress (“Do You Know What You”). Banks won the battle over consumers. The deregulation of the usury laws occurred in the early 1980’s and created a whole new invention, the unsecured credit card.…
I believe that the post meeting was very successful because it was organized in a productive manner. The most important tasks were given the opportunity to choose the software engineer of their choice. The initial meeting had not gone the way that many of the employees intend however, they stayed calm and then came up with a solution to their problems. Lastly, the employees looked out for one another giving helpful input on the selection of a software engineer.…
3. A provision that allowed repayments to start as late as three years after opening.…