Posted on January 23, 2012 at 2:00pm 0 Comments 0 Likes
According to a survey performed by Bankrate, we have seen a significant increase to closing costs associated with mortgage originations. On a nationwide average, closing costs have increase 8.8% over the last year. This increase has primarily been attributed to the increased work lenders have to perform in order to approve a mortgage application under the ever tightening lending regulations.
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ContinuePosted on January 20, 2012 at 3:14pm 0 Comments 0 Likes
According to preliminary data from Costar, there have been a growing number of investors who have been purchasing property in the U.S. hotel and hospitality sectors.
Being luxury expenditures for most consumers, the Hotel and Hospitality was among the worst hit segments of the commercial market during our recession. As a result, the majority of buyers jumping into these types of acquisitions are finding it easy to find distressed assets in core…
ContinuePosted on January 16, 2012 at 4:12pm 0 Comments 0 Likes
Every year more and more reports of bed bug infestations are being reported, and almost every property type (residential, multifamily, hotels, and even some commercial) is at risk. The threat has become even greater as bed bugs have started to become resistant to many pesticides traditionally used to combat this problematic enemy.
With the substantial costs that can be incurred for treating bed bugs, the impact to your bottom line can be significant if one or more of your investment…
ContinuePosted on January 2, 2012 at 2:33pm 0 Comments 0 Likes
Pike Research, a market research and consulting firm whose focus is on clean technology recently released a new report focusing on Energy Efficient Homes. The report estimates that between now and 2014, homeowners will begin increasing their spending on energy efficient improvements. By 2014, it is expected to increase to…
ContinuePosted on December 6, 2011 at 10:30am 0 Comments 0 Likes
Seller financing can offer many benefits in today’s market for a seller. It offers a way for an equity seller to stand out from the competition. For one, since the majority of buyers who need seller financing can’t qualify for a traditional loan, they are normally willing to accept an interest rate well above conventional rates in order to complete the…
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Cheers!
Shari Chase
CEO, Chase International
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