Land Loan , In

LoanUniverse Community - Commercial Land Loan loanuniverse.com Help Search Members Calendar Welcome Guest ( Log In | Register ) LoanUniverse Community Community Forums Loanuniverse Forums Outline ·[ Standard ] · Linear+ Commercial Land Loan , In Miami Florida Track this topic | Email this topic | Print this topic Marnie1065 Dec 6 2005, 08:37 PM Post #1 Summer Intern Group: Members Posts: 1 Joined: 6-December 05 Member No.: 1,029 Hi everybody. I just found this website. I am looking for commercial loans. I have a client that owns 42 acres , it is zoned agriculture. It is a great location , next to a school and subdivision. He is looking to refi at the highest LTV possible. He does plan on building homes in the future or possible selling off individual lots. The land currently has a 2 million loan on it. The value is 6.5 million. He has owned it for 1 yr. It is actually a corporation of 4 and they all have great credit and tons of assets, their worth is in the millions They also want to purchase another piece of land for 12 million. Any ideas? Thanks -- loanuniverse Dec 7 2005, 09:27 AM Post #2 Administrator Group: Admin Posts: 1,089 Joined: 23-September 02 Member No.: 1 Is the $152M per acre value an as is value as agricultural land? Or an speculative value assuming a rezoning? Is it supported by actual sales? If the value can be supported, I am sure someone can be found to lend at least 50%. Depending on the adjusted net worth of the individuals, maybe significantly more. Many lenders are avoiding land right now in my market unless there is an existing relationship with the developer. I know that I would feel uncomfortable recommending a land loan unless the investors are experienced. -- lelting Dec 14 2005, 10:48 PM Post #3 Full-Time Teller Group: Members Posts: 13 Joined: 13-November 05 Member No.: 971 I can help you with the 12 million dollar purchase>I have private investors that will fund at 100 LTV -- LenderBuddy Dec 15 2005, 10:55 AM Post #4 Head-Teller Group: Members Posts: 23 Joined: 11-November 05 From: San Francisco Member No.: 968 If there are crops growing on the land or the land is zoned agricultural then we are talking agricultural land loan and that is a different beast. I haven't worked on one of them in a while but you need to speak with someone who specializes in ag loans. FarmerMac is involved in those transactions and I believe the LTV can go as high as 70%. Good credit and strong financial position are required. Drop me a personal message and I'll forward you the contact information of a guy who specializes in agricultural loans. He can give you all the information you need. -- « Next Oldest · Loanuniverse Forums · Next Newest » 2 User(s) are reading this topic (2 Guests and 0 Anonymous Users) 0 Members: Close Topic Options Track this topic Receive email notification when a reply has been made to this topic and you are not active on the board. Subscribe to this forum Receive email notification when a new topic is posted in this forum and you are not active on the board. Download / Print this Topic Download this topic in different formats or view a printer friendly version. Forum Home Search Help Community Forums |-- Loanuniverse Forums Lo-Fi Version Time is now: 29th December 2005 - 03:39 PM Invision Power Board v2.0.4 © 2005 IPS, Inc.

Las Vegas Real Estate

In Business Las Vegas December 9 - December 15 Current Issue Special Publications Search In Business In Business on TV The List Book of Lists About InBusiness Media Kit Subscribe Contact Us Real Estate and Development Centex takes over Urban Village project By Jennifer Shubinksi / Staff Writer Fresh from paying $146 million for the 15-acre Westward Ho site near the north end of the Strip, Centex Destination Properties has turned its sights to the south with the purchase of Urban Village Las Vegas. Denver-based Centex Destination Properties, a division of the Houston-based Centex Homes, bought the first phase - 13.6 acres - and the original Urban Village Las Vegas concept promoted by Diversified Real Estate Group. The purchase price was not disclosed. Clark County recorder's data does not show any recent sales between the two parties. Centex Destination Properties has the option to purchase the remainder of the 50-acre site at a later date, said C.J. Julin, Centex Destination vice president of market­ ing. The Urban Village concept will remain largely unchanged from its Diversified beginnings. (Diversified Real Estate Group is owned by Philippe Pageau-Goyette, formerly involved in the under-construction Manhattan Condominiums at Las Vegas Boulevard South and Serene Avenue and who is also involved in the development of condo tower Club Renaissance in downtown Las Vegas.) Urban Village, at the southwest corner of Las Vegas Boulevard and Pyle Avenue, will include five neighborhoods with about 2,400 condominium houses in brownstones, high rises, live-work spaces, flats, lofts and condo-hotel units. Also slated for the project will be restaurants, service retailers, a pool complex and fitness center, jogging paths and parks. The first phase of the project will consist of the brownstone portion of the project, Julin said. The architecture will resemble the brownstones of the East Coast, Chicago and Boston areas with an emphasis on brick, Julin said. Reservations for the first phase will begin after the first of the year with construction tentatively scheduled for the spring, Julin said. Price ranges for units were not disclosed. John Restrepo, principal at Las Vegas-based Restrepo Consulting Group, said large companies buying out smaller companies' ideas is not uncommon, whether it's in the high-tech field or in real estate. "Maybe Philippe wants to focus on Club Renaissance and they (Centex Destination Properties) probably gave him an offer he couldn't refuse," Restrepo said. Restrepo said this type of transaction is positive for the market and means the project will probably get built more quickly than if it had stayed with a smaller developer. "It will allow Philippe to focus on his downtown property," Restrepo said. "They are a small company and they can only manage so many projects at one time." Officials with Centex Destination Properties view the Las Vegas market as the place to be right now. "There's nothing like Las Vegas in the world," Julin said. "In Las Vegas, that's the attraction - Las Vegas." Centex Destination Properties entered the Las Vegas market several years ago with its Lake Las Vegas resort communities. It was the positive feedback from that project that in part spurred the company to pursue further opportunities in the valley, Julin said. Centex Homes, a large Las Vegas home­builder, has built homes in Las Vegas since 1952. Centex Destination Properties has essentially made bookends of Las Vegas Boulevard - with its Urban Village at the south and the Westward Ho at the north. Centex Destination Properties in September, together with Gary Tharaldson, created a limited liability company to acquire the Westward Ho hotel and casino. Details on redevelopment of the site have not been released. Tharaldson was the original financier for Diversified Real Estate Group for the Urban Village Las Vegas concept. Urban Village Las Vegas is helping define Centex Destination Properties' direction, Paul Stashick, president of the West Division of Centex Destination Properties, said in a statement. "We plan to take this concept to addi­ tional markets and create similar villages that reflect the unique qualities of other cities," Stashick said in the statement. In other news: • Del American, the development company that was sued for changing its pricing structure on the under-construction Vegas Grand, has announced new plans for its previously announced condominium at Flamingo Road and Hugh Hefner Drive, near the Palms. Now called Las Vegas 888 (previously called Las Vegas One), the planned 50-story tower is now in the reservation stage. Condominiums at Las Vegas 888 are priced from $750,000 to more than $10 million. • Wright Engineers is under construction with an office building at Buffalo Drive and Peak to accommodate its expanding workforce. The 16,000-square-foot building will be located next door to its existing building, which will continue to house its structural and engineering departments. The new building will accommodate the company's expanding civil engineering department and surveying division. "The Las Vegas construction market has been unbelievable and we have been fortunate as a company to ride the wave of this phenomenal growth," said Brent Wright, president and chief executive of Wright Engineers. "This additional office will help us to better serve our clients and accommodate our continued growth." The move-in date for the new building, which Wright Engineers has purchased, is July. • Las Vegas-based Slade Development re­ cently announced its plans for Vantage Lofts, planned for the southwest corner of Gibson Road and Paseo Verde Parkway in Hender­ son. Vantage Lofts is planned for construction in three phases. Phase one will encompass 110 units and has an expected completion date in the fourth quarter of 2006. Construc­ tion of phase two is scheduled to begin the second quarter of 2006. Slade Development, which has built and sold custom homes in the past, is the developer and design builder. Metropolitan Realty is the development's broker. The development consists of one-and two-bedroom flats, town homes and two-story lofts ranging in size from 1,000 to 2,600 square feet. The project will be terraced into the hills with glass walls that will give views of the city and the mountains, the developer said. • Sunvest Communities USA LLC bought three Las Vegas apartment properties totaling 836 units for a total cost of $103 million. The company's Las Vegas portfolio already includes the Latigo and Desert Shore Villas properties, both condo conversions. Sunvest bought the 180-unit Southgate, 2615 W. Gary Ave., in Las Vegas from St. James Las Vegas LLC for $21.6 million. The lender is Key Bank National. The company also purchased Traverse Point, a 296-unit property at 45 Maleena Mesa St. in Henderson, from Traverse Point Apartments LLC for $39.96 million. The Lender is JP Morgan Chase Bank NA. It also bought Pinehurst Apartments, 6650 Warm Springs Road in Las Vegas from Pine­ hurst Apartments LLC for $42 million for 360 units. The lender is JP Morgan Chase Bank NA. Jennifer Shubinski covers real estate and development for In Business Las Vegas and its sister publication, the Las Vegas Sun. She can be reached at (702) 259-8832 or by e- mail at js@lasvegassun.com. IBLV Homepage Click here for problems or questions. Read our policy on privacy and cookies. Advertise on Vegas.com. Work for Vegas.com. All contents © 1998 - 2005 Vegas.com The Most Visited Place on Earth

property search is often

History Detectives . Investigative Techniques . Property Search | PBS -- Purpose To obtain historical data about a place and/or persons associated with it. Method A property search is often part of a larger investigation, perhaps for genealogical purposes, or to prepare for renovation of a home. The main resources are legal documents (collectively referred to as land records) including original grants, deeds, mortgages, leases and tax records. Because these documents were the legal proof of ownership and inheritance, all relevant facts were recorded, and archives were kept in standardized locations. Using these land records and related sources, a property search can produce several types of historical evidence, including: biographical details about the owners, from first to last; construction information such as the building date, architect and builder, and sometimes the original plans and cost of construction. Supporting data may be found in probate, tax and insurance records, building permits, old maps and atlases, census files, and other period materials. Although a property search can provide critical facts, some researchers are put off by the problems. For example, it can be hard to navigate the archive levels (e.g. city, state, national). Some material is indexed by number instead of name. Some transactions were recorded years after the event, or not at all. Above all, these are generally secondary-source documents, copied from originals retained by owners. If they were copied by hand, the records may have errors, and the writing can be difficult to decipher. Despite these issues, land records are still a prime place to search for missing pieces of a historical puzzle. Test how much you know about researching property. Take our Property Proficiency Quiz now. Where to next? Get More Leads . Back to Top PBS Privacy Policy | © 2003-2005 Public Broadcasting Service all rights reserved Home | About History Detectives | Case Files | Investigative Techniques | Do It Yourself Games & Quizzes | Submit Your Mystery | Classroom Resources | Glossary | Contact Us

Foreclosure Property

HUD foreclosures - all HUD foreclosure properties. HUD Foreclosures & HUD REO's Search For all HUDForeclosure properties & HUD Homes across the country. Home Oahu Real Estate Kauai Real Estate Big Island Hawaii Real Estate Maui Real Estate Contact Us Welcome to the HUD Foreclosure & HUD Bank owned (reo) real estate center! HUD Foreclosure and HUD REO listings! Search Foreclsore listings What is a HUD home? The Federal Housing Administration (FHA) is a part of HUD--the part that provides federal mortgage insurance. If a foreclosed home was purchased with a loan insured by the FHA, the lender can file a claim for the balance due on the mortgage. FHA pays the lender's claim, then transfers ownership of the property to HUD, which sells the home. Will HUD make the repairs? HUD homes are sold as-is. The new owner is responsible for all repairs and improvements. How do I find a HUD? HUD foreclosures are our specialty. My staff and I are committed to making the buying and selling of HUD foreclosures a pleasurable and rewarding experience. Our website allows you to search all active HUD Real Estate listings. The site is easy to use and navigate through property searches. Featuring the best HUD foreclosure and bank owned (REO) homes, condos and land for sale. Contact us today ! To find out how we can be of assistance to you. Find HUD foreclosures the easy way with American Dream Realty, the leader in online HUD property data. If you are looking for a HUD foreclosure, you are sure to find one . Our database of HUD foreclosures is updated daily! Whether you are looking for a new home, an investment property or a place at the beach, American Dream Realty can help you find it! |Home| |Oahu Real Estate | Maui Real Estate | | Kauai Real Estate | | Big Island Hawaii Real Estate | |Financing| |About Us| |Contact Us| |Maui Featured Homes| | | Oahu Featured Homes| |Kauai Featured Homes| |Big Island Featured Homes| |How We Sell Homes| Foreclosures - Hawaii Foreclosures - HUD Foreclosures Jeff Manson's Team Serving all of Honolulu county, Hawaii on Oahu. Providing Realtor and Real Estate services for: Honolulu, Diamond Head, Kahala, Lanikai in Kailua, Hawaii Loa Ridge, Portlock in Hawaii Kai, Waialae Iki, Kaneohe, North Shore of Oahu, Mililani and Waikiki.

Land Loans Construction Loans

Financial Services: Mortgage Loan Options - Financial Services Loans Mortgages Mortgage Loan Options Checking & Check Cards Savings & Money Market Certificates & IRAs Health Savings Accounts Youth Program Gift Cards Credit Cards Preferred Member Recognition Search Ent Mortgage Loan Options Our wide variety of mortgage programs means we've got a loan to fit your needs. Whichever option you choose, you can count on fast loan approval, flexible terms, and experience you can trust. Purchase or Refinance...anywhere in Colorado! Fixed Rate Loans – Competitive fixed-rate loans with 10-, 15-, 20-, and 30-year terms. Adjustable Rate Mortgages (ARMs) – Low initial payments provide considerable interest savings. VA and FHA Loans – Government-backed loans. Jumbo Loans – Financing for the home of your dreams. First-Time Home Buyers Program – Low down payment, low fees. Colorado Housing Finance Authority (CHFA) Financing – Mortgage opportunities for low- to moderate-income residents. Specialty Mortgages : Investment Property, Second Home, and Reverse Mortgage. Build a New Home…in Colorado. Lot and Land Loans Construction Loans Use the Ent Mortgage Resource Center for detailed loan information, to check rates, or apply online! Or, if you prefer, call one of our experienced loan officers at 719-550-6499 or 800-525-9623, extension 6499. We offer online application for most loan products. If you have questions or would like to apply for our First-Time Home Buyers loan, an FHA loan, or specialty loan, please call us at (719) 550-6499. Ent offers FREE Pre-Qualification ! Fixed Rate Mortgages If you are simply looking for a great interest rate with excellent advice and service, a fixed rate loan from Ent may be agood option. We offer a variety of terms to fit your purchase or refinance needs - including Flexible and InterestFirst TM loans. Find out more. Adjustable Rate Mortgage (ARM) Loans ARMs feature an interest rate that is fixed for a period of time (typically 1-7 years) and then adjusts annually. An ARM can offer advantages such as low initial payments providing considerable interest savings. To learn more about ARMs, and if it is the right loan for you, visit our Mortgage Resource Center. VA & FHA Mortgages Veteran's Administration (VA) and Federal Housing Authority (FHA) Loans feature more relaxed credit guidelines, little or now down payment, low origination fees, low interest rates, and government backing. Find out more about VA loans. Or, call us at 719-550-6499 or 800-525-9623, extension 6499. For more information or to apply for an FHA loan, please call us. Jumbo Mortgages Planning to purchase your dream home? Don't cash in valuable investments to do it! A Jumbo Mortgage from Ent can give you an attractive rate with convenient term options. Find out more. First-Time Home Buyers Ent makes your first home easier to buy with a low down payment, low origination fee, great interest rate, and choice of loan terms. You can also use this program if you haven't owned a home in at least three years. Some restrictions apply, and we’d be happy to explain them to you. To learn more, call us at 719-550-6499 or 800-525-9623, extension 6499. Please note we are not yet accepting applications for this loan online. Or, attend our First-Time Home Buyers workshop . Colorado Housing and Finance Authority (CHFA) Loans CHFA is a public enterprise that works to provide affordable home financing (and other needs) for qualifying low- to moderate-income residents of Colorado. Ent is a participating CHFA lender. To find out about CHFA financing through Ent, call us at 719-550-6499 or 800-525-9623, extension 6499. We do not currently process applications for this loan online. First-time homebuyers who qualify for a CHFA loan must complete an approved Home Buyers Workshop prior to closing the loan. The free five-hour workshops are taught by real estate and mortgage lending professionals who are certified volunteer instructors. Colorado Springs workshops are held in the Ent Galley Seminar Room , 4545 Galley Road. Get details on CHFA workshops in Colorado Springs (44 Kb PDF file).Or, visit the CHFA website . If you're a homeowner, at least 62 years of age, have adequate equity, and you occupy your own home, a reverse mortgage can give you flexible access to the equity you have built up in your home. You retain ownership of your home as long as you live in it. You can tailor the way you want to receive funds to fit your needs - lump sum, monthly check, line of credit, or any combination of these options. You can use the money however you wish. Plus...there are no restrictive income qualifications. The loan comes due only when your home is no longer your primary residence or upon transfer of the title. Reward yourself for paying off your home! Let a Reverse Mortgage make payments back to you! Call an Ent mortgage loan officer at (719) 550-6499 or 800-525-9623, extension 6499 for more information. Please note, we do not currently process Reverse Mortgages online. Investment Property Mortgages Are you looking for financing on your rental properties? Ent can help you with that too. Apply online or call an Ent Mortgage Loan Officer at (719) 550-6499 or 800-525-9623, extension 6499. Lot and Land Loans Ent is proud to offer lot and land loans throughout Colorado. Our Lot and Land Loans feature: A low 10% down payment. Competitive Rates. Generous loan maximums of $250,000 and flexible terms. Call an Ent Mortgage Loan Officer at (719) 550-6499 or 800-525-9623, extension 6499, for more information or to apply today! Construction Loans Need a loan that will help frame your vision of a brand-new home? Ent can help. Traditional Construction Loans Construction-to-Permanent Loans Single-Close Construction Loans We offer financing on homes built in Colorado. You get generous loan maximums,various terms (payment periods) to fit your construction and move-in timelines, interest rates as low asprime on some loans, and an easy pre-qualification process. Equally important, you getexpert advice on loan options from your credit union's mortgage loan officers. Be sure to ask about our single-close loan. It can save you time and money! You apply for financing once, secure your construction and permanent financing in just one closing, pay one closing fee, and lock in your interest rate to avoid future economic fluctuations. Call (719) 550-6499 or 800-525-9623, extension 6499 to explore your Lot/Construction Mortgage options with an Ent mortgage loan officer. Standard credit qualifications apply. All loans are subject to final credit approval. Please consult your tax advisor, as interest paid on these loans usually is tax-deductible. Please Note: In order to read PDF documents, you will need to install Adobe Acrobat Reader. This program is available free from Adobe by clicking here http://www.adobe.com/products/acrobat/readstep.html . Third party website links will launch you to a website that is not controlled or owned by Ent. Ent does not contribute to the content displayed on these websites and does not legally endorse services or represent you or the third party in transactions conducted via these linked websites. Please be aware that information security and privacy policies may differ from those practiced by Ent. Privacy Pledge | Important Account Information | Contact Us This credit union is federally insured by the National Credit Union Administration. 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