9 months ago

13 real estate secrets only insiders know


By Lou Carlozo/GOBankingRates

The real estate market can be tough for everyone -- whether you're a buyer, seller, agent, broker or an investor. One minute the market can be hot -- the next, it's barely sizzling. The only way to become a true real estate expert and net a significant profit is to learn from the best.

So whether you're looking to buy a home this HALO CAPITAL SITE spring, sell a current property or try your hand at investing in the real estate market, remember these 13 insider secrets -- they could help you cash in big time.

This article was originally published by GOBankingRates.


11 months ago

'World Is Curved' offers valuable historical perspective

When Thomas Friedman published The World Is Flat: A Brief History of the Twenty-First Century, the title entered the English language as an explanation of globalization's impact on economics all the way to households -- not only in the United States, but also in other nations.

In Friedman's book, the discussion is vast, the linkages complex, the outcomes unpredictable, making it a challenge for the casual reader.

David Smick has written a response to Friedman, The World Is Curved: Hidden Dangers to the Global Economy. Smick lauds Friedman's book but thinks it has become dated through no fault of the author. Smick directs Johnson Smick International, described as a "strategic market advisory firm that works with hedge funds and major financial institutions."

Many readers might not understand Smick's job description, much less what he actually does day to day to affect the health of currency markets.

Hoping to remove some confusion, Smick decided to write a book with an obvious allusion to Friedman's. Sure, the world is indeed flat in some ways. For the financial markets, however, "The world is curved. We can't see over the horizon. ... We are always being surprised, and that is why the world has become such a dangerous place."

Offering valuable historical perspective, Smick explains that international financial markets have always been plagued by uncertainty. In recent years, the unknown factors have multiplied.

"There are new players with new perspectives," Smick says. "All of a sudden, a huge pool of funds is competing around the world for investment opportunities. Bankers, business people and governments in industrialized economies are now competing with entrepreneurs, start-ups and old state-controlled companies in emerging economies to attract those funds.

"With new kinds of securitized debt, mezzanine investing and outrageously complicated financing instruments, it is almost impossible to figure out what is going on at any given time. Investors need new kinds of information to make good decisions. But exactly what information is that? And where do they get it?"

At that point, still in the book's prologue, a lay reader might ask: Securitized debt? Mezzanine investing? Huh? Help!

Smick does his best to define terms, using non-specialized language. Chapters with titles such as "Tony Soprano Rides the Chinese Dragon" and "Japanese Housewives Take the Commanding Heights" certainly help.

Many readers will be familiar with the home loan debacle in the United States because so much has been written about the subprime market -- a relatively small and previously obscure market of financial instruments tied to mortgages made to borrowers with unstable or no credit histories.

But what does the subprime crisis have to do with the financial world being curved? An anecdote from Smick illustrates the answer: A small village in the north of Norway saw its "entire financial future destroyed because its financial managers invested heavily in a Citigroup product called a collateralized debt obligation.

When the housing markets an ocean away in Florida and California collapsed, the debt obligations soured, and the Norwegian village had to shut down kindergarten and health care services for the elderly."

That example begins on Page 4. Little in the rest of the book provides cause for optimism. Perhaps, just perhaps, a combination of government policymakers, private-sector lenders and entrepreneurs across the curved globe will come together to offer a modicum of stability.

That, however, would mean understanding the causes and effects of global financial crises. If Smick is correct, such understanding might transcend the limits of knowledge.


11 months ago

Mezzanine debt in seminar spotlight.


MANAMA: Investing in property-backed mezzanine debt instruments in

the US offers particularly good returns at present, according to Bahrain-based Investcorp,

The asset management firm specialising in alternative investments,

yesterday held a knowledge sharing seminar hosted by Investcorp's

head of placement and relationship management James Tanner.

The theme of the seminar was "Real Estate Mezzanine Debt: An

Historic Investment Opportunity".

It focused on "mezzanine" finance, which is the debt

market in property between equity and senior debt.

"It is an increasingly important source of capital in US

commercial real estate acquisitions, development, and refinancings, as

well as demystifying the US real estate market by explaining the

different characteristics of the US residential and commercial real

estate markets," said Mr Tanner.

"In today's illiquid market, mortgage debt is difficult

to get, is expensive and comes with very onerous conditions.

"This has increased significantly the demand for mezzanine

debt. At the same time, high quality and sound performing commercial

real estate assets in distressed situations are becoming available at

attractive prices.

"Under such circumstances, investing in commercial real estate

mezzanine debt can produce equity-like returns with significant downside


Mr Tanner said that mezzanine finance currently offered the level

of return associated with equity finance with the risk outlook of bonds.

Current returns on good investments opportunities were around 10

per cent annually with the possibility of an 18pc yield over the next

five to six years.

Investcorp's real estate department has a track record of more

than 200 debt and equity investments totaling over $10 billion and more

than 100 exits with aggregate value of approximately $4bn.

Investcorp Real Estate Mezzanine Fund I was formed in 2006 and is

fully deployed while Investcorp Real Estate Credit Fund I was formed in

2008 and $175 million has been deployed.

It currently has some $600m invested in the mezzanine debt in the

US market, the only property market it operates in.

"We favour the US market because of its scale opportunities

and the legal redress in Event of possible financial problems associated

with the debt bond,." Mr Tanner added.


Copyright 2009 Gulf Daily News

Provided by Syndigate.info an Albawaba.com company


2 years ago

Crossbar Closes Series D Funding of $35 Million

SANTA CLARA, Calif.--(BUSINESS WIRE)--Crossbar, Inc., the Resistive RAM (RRAM) technology leader, today announced it has completed a $35 million Series D funding round. Tyche Partners, Oriza Holdings and Cheerful Link joined all of Crossbars existing investors in the round, bringing total investment to $85 million to date. Crossbar plans to use the funds to continue the commercial ramp of its game-changing non-volatile (NVM) memory technology.

The future of electronics innovation rests largely on

2 years ago

TransUnion's New CreditVision(R) Link(SM) Provides Lenders the Ability to Score Approximately 95% of U.S. Adult Population

CHICAGO, IL, Oct 08, 2015 (Marketwired via COMTEX) --TransUnion TRU, -1.76% released today CreditVision Link(SM), thefirst credit score in market to combine both trended credit bureaudata and alternative data sources -- creating a mor

2 years ago

What happens if you buy a car and drive it off the lot, then the financing falls through, does the dealership take the car back?

Geez, I haven't financed a car for 8 years, but the one time that I did not pay cash I made certain the financing was approved PRIOR to handing over my trade-in and driving the car off the lot. That is the best thing to do if you can.

However, I saw this happen to a friend of mine and this is how it went. He bought a car and drove it off the lot and left his trade-in at the dealership. Three days later, they called and said the financing fell through and that he'd have to bring the car back. So he did expecting to be given his trade-in and downpayment back. Uh. . .no.

They had already shipped his trade-in off to a wholesaler. They offered him a car from their used lot that wasn't even close to what he had wanted to buy stating that, that was the kind of car they could finance for him. They flat out refused to locate his trade-in and give it back.

They had the nerve to start the financing paperwork for him on the used jalopy and had applied his downpayment for the new car to the used one and thus could not "release" the down payment.

If that wasn't bad enough it got worse. He demanded an explanation and a copy of his loan application. The salesman had neglected to include his shift differential pay to his annual income which made a significant difference (this is why you should always double check you application and not let the salesman "help" you with it). He pointed out the error and the salesman told him he was still out of luck because he signed it and refused to resubmit it.

As luck would have it, the owner of the dealership was in for an annual spot check and my friend grabbed him and told him what was going on. After much discussion and threat of a lawsuit, he got to keep the new car after verification was made that there was more income than stated on the application.

I drove my friend home to get his W-2 and he presented it. Not good enough, verbal verification was still needed. 2 days later they told him to pick up the new car and that financing had been approved, but they stuck him with a hefty application fee (he did sign the incorrect document and was out of a car until he agreed to pay it, so he did) and he had been driving a rental car.

If there had not been an error though, to answer your question, yes the dealership took the car back.


2 years ago

Small business loans - Defeat unfavorable circumstances appeared in business

While running business, certain circumstances are forcing you to look around for financial assistance? If yes, you may apply for small business loans. These loans are always ready to assist those who are in need of money, for fulfilling business related requirements. It is important to note that these are mainly for people who are already involved in a business! These are not business start up loans.

While applying for small business loans, generally, you are required to have few documents like business profile, future plans, financial statements, balance sheets, profit and loss statements, and so on.

No hassle loans allow applicants to have assistance either with or without pledging any collateral. Two alternatives are available. First one is secured! This category requires you to put some security, against approved amount. You may put real estate, automobile, or any other valuable assets as security. Second alternative is unsecured! This category does not require you to pledge any collateral. But, interest rates may be marginally higher!

In small business loans, required amount gets approved on the basis of few factors, including requirements, value of collateral (if moving on with secured option), income, current circumstances, repayments ability, and lenders policy. It is important to note that these loans are capable of providing smaller amount than other normal business loans! But, sanctioned amount is enough to meet various urgent business related needs.

Credit score mainly affects interest rates! Applying for small business loans is possible even with bad credit, or below average credit. But, insufficient credit score may require you to pay slightly higher interest rates.

Whenever you feel that you are in need of small business loans, just fill short and simple online application form, available on lending sites. Once form gets completely filled and submitted, processing immediately starts. Online process helps in getting quick response! Moreover, online mode of application is also helpful in saving lot of time and effort! As soon as the approval process gets completed, you are provided with required amount. To have amount at reasonable interest rates, you should research different lending sites, and compare free online quotes, before filling and submitting an application form.

Author's Bio:

John Snow works as financial advisor in no hassle loans . He is offering loan advice for quite some time. For more information related to no hassle payday loans, student loans no hassle loans, no hassle business loans, cash loans no hassle or faxing, no fax hassle free payday loans and no hassle small business loans that best site's you need visit http://www.nohassleloans.org.uk