Real Estate Loan

Fremont Investment and Loan - Competitive lender of Commercial Real Estate Loans Commercial Real Estate Lending Loan Programs Key Elements of Service Recent Closings Loan Origination Offices Home A Fremont General Company Commercial Real Estate Lending The Commercial Real Estate Division provides financing on all types of income producing properties, originating loans nationwide through its nine regional offices . The loans we provide include short-term bridge financing for the comprehensive renovation, repositioning and lease-up of existing properties or new construction, as well as more traditional permanent loans . Secondary financing behind a Fremont first mortgage is also offered on qualified projects. As a portfolio lender, Fremont offers a creative and flexible approach to lending, delivered by real estate professionals dedicated to responsive, reliable service . The expertise of our originators and a thorough due diligence process allows us to underwrite even the most complex and difficult to finance properties. Our customers are typically mid-size developers and owners, seeking financing for projects with a total capitalization of $10 million and up. We are a collateral focused lender, and recourse is typically limited to standard carve-out, or completion and debt service guarantees on speculative development projects. Fremont's expertise in structured lending and the flexibility afforded by being a portfolio lender has allowed us to become one of the top lenders in our niche. Click on Recent Closings to see examples of our most recent transactions. Products and Services Privacy Policy Site Map Contact Us Vertical Line Is Here End Vertical Line --

Real Estate Prices: Boom

Calculated Risk: California Real Estate Prices: Boom and Bust Notify Blogger about objectionable content. What does this mean? BlogThis! Calculated Risk Click Here to Return to Main Page Politics and Economics Tuesday, March 15, 2005 California Real Estate Prices: Boom and Bust Today I heard someone comment that California Real Estate never goes down. In fact, California RE has declined in the past in both real and nominal terms. Click on graph for larger image. This graph shows the price of California RE based on the OFHEO California housing index . For the real price, the nominal price is adjusted by CPI, less Shelter, from the BLS . (1976 = 100) The graph shows that in real terms we have seen two declines since 1980. The first decline, in the early '80s, lasted 3 years. The second decline, in the early to mid '90s, lasted 6 years. The second graph shows the same information by annual rate of return, both real and nominal. The decline in the '90s lasted 24 quarters from peak to trough. It took 9 years for prices to recover in nominal terms to their early '91 peak. Overall prices declined 12% in nominal terms and 26% in real terms. Even more important for the economy are the coincident declines in sales volume. Real Estate prices are “sticky downward” since sellers are slow to adjust their prices down, and buyers are reluctant to buy a declining price asset. In this regards, real estate is an imperfect market in that prices adjust slowly to changes in supply and demand (unlike commodities like corn or wheat). Although prices do decline, it’s the decline in volume that leads to declining employment in real estate related occupations like construction, RE sales, mortgages, and more, and impacts the general economy. posted by CalculatedRisk at 8:39 PM Comments | Trackback Calculated Risk: a senior executive, retired from a public company, with a background in investing, finance and economics. Guest blogger: Angry Bear Commentator: Economics Roundtable WWW Calculated Risk Previous Posts UCLA Anderson Forecast: False Sense of Wealth Mortgage Debt and the Trade Deficit China Reduces Dollars in Its Reserves, Lehman Says Mortgage Debt Increases 13% in 2004 The Other Trust Funds Fed's Poole: Social Security Needs Small Changes Housing: Excessive Leverage? Housing: Two Worrisome Signs China and the Price of Gas Greenspan's March to Infamy Housing Sites: Housing Bubble Blog The Housing Bubble Prof. Pigginton's Econo-Almanac housebubble.com Bubble Meter Boy in the Housing Bubble Email: Calculated Risk "Homeownership has become a vehicle for borrowing and leveraging as much as a source of financial security." Former Fed Chairman Paul Volcker, Feb 11, 2005 More excerpts of Volcker's Speech and video

Colorado Real Estate Commission

1 Colorado Real Estate license school 100% State Approved Internet Courses!* Real Estate & Appraisal License Programs for all states* Continuing Education Courses! * National Exam Prep Program! * Free CD Backups! * Since 1969 - Our 36th Year of Service! * Mandatory Colorado Annual Commission Update Course on line! * Free Demos! * Enroll Online! - Start Anytime! Learn Real Estate and Appraisal at Home! Call 1-866-311-RETC (7382) Now! 3225 South Wadsworth Blvd., Suite 'S' Lakewood, CO 80227-5009 Contact us! On line courses available for all States! Already a Student? Log in here! HELP WANTED!!! Link up with us! Next Drawing and Winners Colorado Real Estate Commission NEW! Fingerprint Information Don't Wait!!! 2005 Commission Update Expires December 31st!! We Get Letters Helpful Links Dare to Compare! WE INCLUDE ALL OF THE FOLLOWING 168 Hour Broker Program * All State required courses * Extensive Exam Prep * 100% online with backup CD Interactive Real Estate Dictionary * Over 2100 terms   * 6 ways to study R E Terminology Unlimited practice tests * Over 2157 interactive questions * Complete answer references * Instant grading and review of all tests Assured Passing Plan * Live Exam Prep * Live instructor and/or Email support * Toll Free student help lines Set your own class schedule * 6 months to complete * Study anywhere, anytime * Free use of our computers for study Unlimited referral bonuses Free Catalog Free Documents Statewide locations ~ After hours student representative availability ~ Optional textbooks (additional charge) "the innovators in home study education" Approved and regulated by the Colorado Division of Private Occupational Schools, Board of Higher Education, Real Estate Commission, and Board of Real Estate Appraisers. Instructors' qualifications have been credentialed by the Vocational Credential Office, Colorado State University. Our Appraisal Programs/Courses are offered in conjunction with Aims Community College .

home equity loan or

FRB: Putting Your Home on the Loan Line Is Risky Business ESPAÑOL Are you in need of cash? Do you want to consolidate your debts? Are you receiving home equity loan or refinancing offers that seem too good to be true? Does your home need repairs that contractors tell you can be easily financed? If you are a homeowner who needs money to pay bills or for home repairs, you may think a home equity loan is the answer. But not all loans and lenders are the same--you should shop around. The cost of doing business with high-cost lenders can be excessive and, sometimes, downright abusive. For example, certain lenders--often called "predatory lenders"--target homeowners who have low incomes or credit problems or who are elderly by deceiving them about loan terms or giving them loans they cannot afford to repay. Borrowing from an unscrupulous lender, especially one who offers you a high-cost loan using your home as security, is risky business. You could lose your home and your money. Before you sign on the line, Think about your options Do your homework Think twice before you sign Know that you have rights under the law Think about Your Options If you’re having money problems, consider these options before you put your home on the loan line. Talk with your creditors or with representatives of non-profit or other reputable credit or budget counseling organizations to work out a plan that reduces your bill payments to a more manageable level. Contact your local social service agency, community or religious groups, and local or state housing agencies. They may have programs that help consumers, including the elderly and those with disabilities, with energy bills, home repairs, or other emergency needs. Contact a local housing counseling agency to discuss your needs. Call the U.S. Department of Housing and Urban Development toll-free at 800-569-4287 or visit www.hud.gov/offices/hsg/sfh/hcc/hccprof14.cfm to find a center near you. Talk with someone other than the lender or broker offering the loan who is knowledgeable and you trust before making any decisions. Remember, if you decide to get a home equity loan and can’t make the payments, the lender could foreclose and you would lose your home. If you decide a loan is right for you, talk with several lenders, including at least one bank, savings and loan, or credit union in your community. Their loans may cost less than loans from finance companies. And don’t assume that if you’re on a fixed income or have credit problems, you won’t qualify for a loan from a bank, savings and loan, or credit union--they may have the loan you want! Do Your Homework Contact several lenders--and be very careful about dealing with a lender who just appears at your door, calls you, or sends you mail. Ask friends and family for recommendations of lenders. Talk with banks, savings and loans, credit unions, and other lenders. If you choose to use a mortgage broker, remember they arrange loans but most do not lend directly. Compare their offers with those of other direct lenders. Be wary of home repair contractors that offer to arrange financing. You should still talk with other lenders to make sure you get the best deal. You may want to have the loan proceeds sent directly to you, not the contractor. Comparison shop. Comparing loan plans can help you get a better deal. Whether you begin your shopping by reading ads in your local newspapers, searching on the Internet, or looking in the phone book, ask lenders to explain the best loan plans they have for you. Beware of loan terms and conditions that may mean higher costs for you. Get answers to these questions and use the worksheet to compare loan plans: Interest Rate and Payments What are the monthly payments? Ask yourself if you can afford them. What is the annual percentage rate (APR) on the loan? The APR is the cost of credit, expressed as a yearly rate. You can use the APR to compare one loan with another. Will the interest rate change during the life of the loan? If so, when, how often, and by how much? Term of Loan How many years will you have to repay the loan? Is this a loan or a line of credit? A loan is for a fixed amount of money for a specific period of time; a line of credit is an amount of money you can draw as you need it. Is there a balloon payment--a large single payment at the end of the loan term after a series of low monthly payments? When the balloon payment is due, you must pay the entire amount. Points and Fees What will you have to pay in points and fees? One point equals 1 percent of the loan amount (1 point on a $10,000 loan is $100). Generally, the higher the points, the lower the interest rate. If points and fees are more than 5 percent of the loan amount, ask why. Traditional financial institutions normally charge between 1 and 3 percent of the loan amount in points and fees. Are any of the application fees refundable if you don’t get the loan? How and how much will the the lender or broker be paid? Lenders and brokers may charge points or fees that you must pay at closing or add on to the cost of your loan, or both. Penalties What is the penalty for late or missed payments? What is the penalty if you pay off or refinance the loan early (that is, is there a pre-payment penalty)? Credit Insurance Does the loan package include optional credit insurance, such as credit life, disability, or unemployment insurance? Depending on the type of policy, credit insurance can cover some or all of your payments if you can't make them. Understand that you don’t have to buy optional credit insurance--that’s why it’s called “optional.” Don’t buy insurance you don’t need. Credit insurance may be a bad deal for you, especially if the premiums are collected up-front at the closing and financed as part of the loan. If you want optional credit insurance, ask if you can pay for it on a monthly basis after the loan is approved and closed. With monthly insurance premiums, you don't pay interest and you can decide to cancel if the premiums are too high or if you believe you no longer want the insurance. After you have answers to these questions, start negotiating with more than one lender. Don’t be afraid to make lenders and brokers compete for your business by letting them know you are shopping for the best deal. Ask each lender to lower the points, fees, or interest rate. And ask each to meet--or beat--the terms of the other lenders. Once You’ve Selected a Lender, Get the Following A “Good Faith Estimate” of all loan charges. The estimate must be sent within 3 days of applying. Blank copies of the forms you’ll sign at closing, when the loan is final. Study them. If you don’t understand something, ask for an explanation. Advance copies of the forms you’ll sign at closing with the terms filled in. A week or two before closing, contact the lender to find out if there have been any changes in the Good Faith Estimate. By law, you can inspect the final settlement statement (also called the HUD-1 or HUD-1A form) one day prior to closing. Study these forms. Write down any questions you want to ask. Think Twice before You Sign Have a knowledgeable friend, relative, attorney, or housing counselor review the Good Faith Estimate and other loan papers before you sign the loan contract. Be sure the terms are the same ones you agreed to. For example, a lender should not promise one APR and then--without good reason--increase it at closing. Refer to the list of questions you’ve written down. Ask where these terms are covered in the loan contract. And ask for an explanation of any dollar amount or term you don’t understand. Don’t let anyone rush you into signing the loan contract. Make sure all promises, oral and otherwise, are put in writing. It’s only what’s in writing that counts. Get a copy of the documents you signed before you leave the closing. Don’t Sign on the Dotted Line if the Lender … Tells you to falsify information on the loan application (for example, suggests that you write down more income than you really have). Pressures you into applying for a loan for more money than you need, or one that has monthly payments larger than you can afford. Promises one set of terms but gives you another with no good reason for the change. Tells you to sign blank forms or forms that aren't completely filled in. If an item is supposed to be blank, draw a line through the space and initial it. Pressures you to sign today. A good deal today should be available tomorrow. Know that You Have Rights under the Law You Have 3 Business Days to Cancel the Loan If you're using your home as security for a home equity loan (or for a second mortgage loan or a line of credit), federal law gives you 3 business days after signing the loan papers to cancel the deal--for any reason--without penalty. You must cancel in writing. The lender must return any money you have paid to date. Do You Think You've Made a Mistake? Has the 3-day period during which you may cancel passed and you're worried that you've gotten in over your head? Do you think your loan fees were too high? Do you believe you were steered into monthly payments you can't afford? Has your lender repeatedly pressured you to refinance? Is your loan covered by insurance you don't need or want? If you think you've been taken advantage of, state and federal laws may protect you. Also, the following organizations may be able to help: Your local or state bar association--sometimes listed under "Lawyers Referral Service" in the Yellow Pages of your phone book. The association may be able to refer you to low-cost or no-cost lawyers who can help. Your local consumer protection agency, state attorney general’s office, or state office on aging, listed in the Blue Pages of your phone book. Your local fair housing group or affordable housing agency, housing counseling agency, or state housing agency. You can learn more about credit and home equity loans by visiting the federal government’s web site for consumers, www.consumer.gov (see the Home and Community section). If you don’t have access to the Internet, ask a friend or relative to get the information for you. Or visit your local library or senior center, which may offer you free access to the Internet on their computers. For More Information State Banks that Are Members of the Federal Reserve System Division of Consumer and Community Affairs Mail Stop 801 Federal Reserve Board Washington, DC 20551 (202) 452-3693 www.federalreserve.gov Federally Insured State Non-Member Banks and Savings Banks Federal Deposit Insurance Corporation Consumer Response Center 2345 Grand Boulevard, Suite 100 Kansas City, Missouri 64108 (877) 275-3342 www.fdic.gov National Banks and National Bank-Owned Mortgage Companies Office of the Comptroller of the Currency Customer Assistance Group 1301 McKinney Street Suite 3450 Houston, TX 77010 (800) 613-6743 www.occ.treas.gov Federally Insured Savings and Loan Institutions and Federally Chartered Savings Banks Office of Thrift Supervision Consumer Programs 1700 G Street, N.W., 6th Floor Washington, DC 20552 (800) 842-6929 www.ots.treas.gov Federal Credit Unions National Credit Union Administration Office of Public and Congressional Affairs 1775 Duke Street Alexandria, VA 22314 (703) 518-6330 www.ncua.gov For state-chartered credit unions, contact your state's regulatory agency. Mortgage Companies and Other Lenders Federal Trade Commission Consumer Response Center 600 Pennsylvania Avenue, N.W. Washington, DC 20580 (877) FTC-HELP (877-382-4357, toll free) www.ftc.gov Other Information Sources U.S. Department of Justice Civil Rights Division 950 Pennsylvania Ave., N.W. Housing and Civil Enforcement Section, NWB Washington, DC 20580 (202) 514-4713 www.usdoj.gov/crt/housing/index.html Federal Housing Finance Board 1777 F Street, N.W. Washington, DC 20006 (202) 408-2500 www.fhfb.gov Department of Housing and Urban Development 451 7th Street, S.W. Washington, DC 20410 800-669-9777 (voice) 800-927-9275 (TTY) www.hud.gov Office of Federal Housing Enterprise Oversight (OFHEO) 1700 G Street, N.W. 4th Floor Washington, DC 20552 (202) 414-6922 www.ofheo.gov Adobe acrobat version of text for printing (119 KB PDF) is formatted for printing on two sides of a 11 x 17" sheet of paper. Fold the paper in half. The PDF contains a fillable area on the back panel for you to provide your own contact information. Worksheet for printing (58 KB PDF) Obtaining the Acrobat Reader from the Adobe Web Site This information was prepared by the following federal agencies: Department of Housing and Urban Development, Department of Justice, Federal Deposit Insurance Corporation, Federal Housing Finance Board, Federal Reserve Board, Federal Trade Commission, National Credit Union Administration, Office of Federal Housing Enterprise Oversight, Office of the Comptroller of the Currency, Office of Thrift Supervision. Home | Brochures Accessibility | Contact us Last update: March 24, 2004

Florida Real Estate

Real Property for Auction JANUARY 2006 AUCTIONS CORNER LOT - ONLINE AUCTION 124 Sterling Street, Brooklyn, New York 11225 On-line Auction Starts: Monday, January 9, 2006 at 8:00 a.m. EST On-line Auction Ends: Wednesday, January 11, 2006 at 3:00 p.m. EST Total Site Area: 2,575 ± sq. ft. Description: 25 feet x 103 feet corner lot at the intersection of Sterling St. and Bedford Avenue in Brooklyn, NY. For complete details on this property click on the photo or CLICK HERE SINGLE FAMILY HOME 708 Kuhlman Road, Houston, Texas 77024 Auction: Tuesday, January 17, 2006 Auction Starts: 12:00 noon Total Living Space: 6,291 ± sq. ft. Description: Two level home with 5 bedrooms, 5 baths, 3 fireplaces, and a 3-car garage. Separate unfinished guest house with kitchen, family room, 3 bedrooms, and 2 baths. For complete details on this property click on the photo or CLICK HERE VACANT LAND - ONLINE AUCTION Ambrosia Street, Padre Island, No 3, Lot 4, Blk 71, Corpus Christi, Teaxas 78418 On-line Auction Starts: Tuesday, January 17, 2006 at 8:00 a.m. EST On-line Auction Ends: Thursday, January 19, 2006 at 3:00 p.m. EST Total Site Area: 12,379 ± sq. ft. Description: Located on Padre Island near the Gulf of Mexico. For complete details on this property click on the photo or CLICK HERE CONDOMINIUM 14514 Cabana East, Unit 306, Padre Island, Corpus Christi, Texas 78418 Auction: Friday, January 20, 2006 Auction Starts: 12:00 noon Total Living Space: 1,303 ± sq. ft. Description: Two level condominium with 3 bedrooms, 2 baths, and rooftop deck. For complete details on this property click on the photo or CLICK HERE SINGLE FAMILY HOME ON 11.6 ACRES AND 7.158 ACRES OF LAND 105 L Anderson Road, Auburn, Kentucky 42206 Auction: Tuesday, January 24, 2006 Auction Starts: 12:00 noon Total Living Space: (Revised 12/20/05) 2,141 ± sq. ft. Description: Log home with 3 bedrooms, 1.25 baths, 2 fireplaces, and a one-car garage on 11.6 arces. Adjoining tract of 7.158 acres of land. Properties will be sold separately, then combined for Buyers Option. For complete details on this property click on the photo or CLICK HERE SINGLE FAMILY HOME 1311 S. Monte Cristo Way, Las Vegas, Nevada 89117 Auction: Friday, January 27, 2006 Auction Starts: 12:00 noon Total Living Space: 3,583 ± sq. ft. Description: Two level home with 4 bedrooms, 3.5 baths, and 3-car garage For complete details on this property click on the photo or CLICK HERE SINGLE FAMILY HOME 736 South 153rd Circle, Omaha, Nebraska 68154 Auction: Tuesday, January 31, 2006 Auction Starts: 12:00 noon Total Living Space: 2,359 ± sq. ft. Description: Two level home with 5 bedrooms, 2.5 baths, fireplace, and a 2-car garage. For complete details on this property click on the photo or CLICK HERE FEBRUARY 2006 AUCTIONS SINGLE FAMILY HOME 6408 Jersey Lane, Arlington, Texas 76018 Auction: Wednesday, February 1, 2006 Auction Starts: 12:00 noon Total Living Space: 4,047 ± sq. ft. Description: Two level home with 6 bedrooms, 2.5 baths, and a 2-car garage. For complete details on this property click on the photo or CLICK HERE SINGLE FAMILY HOME 6611 Wagner Way, San Antonio, Texas 78256 Auction: Thursday, February 2, 2006 Auction Starts: 12:00 noon Total Living Space: 4,851 ± sq. ft. Description: Three level home with 4 bedrooms, 4.5 baths, 2 fireplaces, inground pool, and a 2-car garage. For complete details on this property click on the photo or CLICK HERE COMING SOON SINGLE FAMILY HOME 477 Lee Street, Strasburg, Virginia Auction: Coming soon Total Living Space: 2,016 ± sq. ft. Description: 3 bedrooms, 1.5 baths Further details on this property coming soon... 0.31 ACRE OF LAND 65 Circle Road, Staten Island, New York 10304 Auction: Coming soon Total Site Area: 0.31 ± Acre (13,361 ± sq. ft.) Description: Located in Todt Hill area of Staten Island. Adjacent to property being auctioned on Benedict Road. Further details on this property coming soon... 1.15 ACRES OF LAND 51 Benedict Road, Staten Island, New York 10304 Auction: Coming soon Total Site Area: 1.15 ± Acres (45,348 ± sq. ft.) Description: Located in Todt Hill area of Staten Island. Adjacent to property being auctioned on Circle Road. Further details on this property coming soon... SINGLE FAMILY HOME 2670 Moores Mill Road, Spencer, Virginia Auction: Coming soon Total Living Space: 1,571 ± sq. ft. Description: 3 bedrooms, 2 full baths. Located on 9 ± acres on the North Mayo River with scenic views. Further details on this property coming soon... SINGLE FAMILY HOME Located in La Habra Heights, California Auction: Coming soon Total Living Space: 2,253 ± sq. ft. Description: One level home with 4 bedrooms, 2 baths, 2-car garage and swimming pool Further details on this property coming soon... SINGLE FAMILY HOME Located in Rio Rico, Arizona Auction: Coming soon Total Living Space: 1,425 ± sq. ft. Description: One level home with 3 bedrooms, 2 baths, and 2-car garage Further details on this property coming soon... SINGLE FAMILY HOME Located in Longwood, Florida Auction: Coming soon Total Living Space: 2,721 ± sq. ft. Description: Two level home with 4 bedrooms, 3 baths, fireplace, 2-car garage, and inground pool in screened enclosure. Further details on this property coming soon... SINGLE FAMILY HOME Located in Hollywood, Florida Auction: Coming soon Total Living Space: 4,912 ± sq. ft. Description: Two level home with 6 bedrooms, 5 baths, 2-car garage, inground pool and spa, seawall and wood dock on ocean access canal. Further details on this property coming soon... SINGLE FAMILY HOME Located in Heathrow, Florida Auction: Coming soon Total Living Space: 3,157 ± sq. ft. Description: 1.5 level home with 4 bedrooms, 3 baths, bonus room, 3-car garage, and inground pool in screened enclosure. Further details on this property coming soon... SINGLE FAMILY HOME Located in Miami, Florida Auction: Coming soon Total Living Space: 4,185 ± sq. ft. Description: One level home with 6 bedrooms, 4.5 baths, 2-car garage, guest house, and inground pool. Further details on this property coming soon... SINGLE FAMILY HOME Located in Homestead, Florida Auction: Coming soon Total Living Space: 2,312 ± sq. ft. Description: One level home with 4 bedrooms, 4 baths, and guest house on 2 ± acres. Further details on this property coming soon... SINGLE FAMILY HOME Located in Homestead, Florida Auction: Coming soon Total Living Space: 1,930 ± sq. ft. Description: Two level home with 3 bedrooms, 2 baths, kitchen and living area on both levels, one-car garage and carport, and 2 horse barns on 2.5 ± acres. Further details on this property coming soon... SINGLE FAMILY HOME Located in Winston-Salem, North Carolina Auction: Coming soon Total Living Space: 1,338 ± sq. ft. Description: One level home with 2 bedrooms, 1 bath, carport, unfinished basement, and small barn on 2.9 ± acres. Further details on this property coming soon... COMMERCIAL VACANT LAND 3514 Boudinot Avenue, Cincinnati, Ohio 45211 Auction: Coming soon Total Site Area: 7,012 ± sq. ft. Description: 55 ft. x 127.50 ft. commercial lot zoned B-4 General Business. The site is located along the east side of Boudinot Avenue just south of the Harrison Avenue intersection, and sits between a commercial building and a multi-family dwelling. Further details on this property coming soon... AUCTIONS ARE OPEN TO THE PUBLIC. YOU DO NOT NEED A REAL ESTATE BROKER TO BID. If you would like to receive an e-mail notification when the auction date has been scheduled for these coming soon properties, please click here to register online for the free e-mail notification service .