REAL ESTATE INVESTMENT OPPORTUNITY IN SOUTH FLORIDA

Size: px
Start display at page:

Download "REAL ESTATE INVESTMENT OPPORTUNITY IN SOUTH FLORIDA"

Transcription

1 REAL ESTATE INVESTMENT OPPORTUNITY IN SOUTH FLORIDA

2 ABOUT US YAKUT PROPERTIES LLC. is a U.S based Company located in Miami Florida, Focused on high yield real estate Properties acquisition. The company is led by an experienced Real estate team, offering top Investment Solutions. YAKUT combine long term real estate investments with an Experience & profound business network connections, Offering investors the perfect investment opportunity, Providing high yields & realization option, for an Improved profitable future property investment.

3 THE TEAM The people behind the scene

4 Ronen Hazan CEO and Owner Yaniv Avitan Realtor Alissa Lantigua Manager of Customer Service David Hazan VP Marketing Erik Morin Senior Realtor David Hernandez Manager of Property Operations & Maintenance Maya Hazan Chief administrative officer Adv. Moshe Alon Lawyer Kristen lester Architect

5 ALL ABOUT INVESTING in SOUTH FLORIDA U.S.A

6 SOUTH FLORIDA Investment Feasibility S. Florida is a popular tourist destination! Exceeding numbers of tourists each year. Miami s high rental property demand. With a positive immigration rate And rising demand for working force Sub-Prime lending crisis has created Great real estate investment opportunities in South Florida.

7 S. Florida Property Yields Type: Apartment Bedrooms: 3 Bathrooms: 2 Area: 334 Sq. ft. Location: Fort Lauderdale, Florida Sale Price: 85,000$ Rent Price: 950$ (net income monthly) Yield (1 year): 13%

8 WHAT DO WE OFFER? We are marketing residential homes and commercial properties, Purchased directly from well established banks in Florida, Offered with an attractive price tag. Our residential properties typically Yields an impressive annual return of Between 12% - 13%!

9 HOW DOES IT WORK?

10 PURCHASING A PROPERTY We locate potential properties Examined by a qualified appraiser, and Send the investor its details By , For him to decide if the property Meets his investment conditions.

11 Once the investor decide to buy a property, An amount of 10% of the property Acquisition value is deposited To a trust account with the investor details. The property is registered to the investor. (Private or a Company) Investor receives insurance policy for ownership insurance (Title insurance). The policy guaranty that property is free of pledges, Is not under Foreclosure, and do not belong to 3 rd side ownership. Purchasing related costs: About 1,000$ - includes: Property evaluation By Title Company LTD. Property Registration Ownership Policy Insurance There are neither Maintenance costs nor Management Fee During the period of Investor s property ownership.

12 Procurement process and the signing of the property contracts, will be Followed by Yakut s professional team Together with the Investor.

13 SELLING THE PROPERTY If the investor would like, in the future, To sell his property, The company will perform this task for the Investor, With a commission of 8% From the property selling price.

14 COMPANY LIABILITY AFTER PURCHASING

15 The company will be responsible For the investor s property management And for a third party rental entity. The company will charge & collect, Full monthly payment from the property tenant, Then, will transfer it to the investor In 24 company checks, within 45 days Of purchasing the property.

16 Investors will benefit from an outstanding, In advance, Guaranteed yield of 12% - 13% per year. This guaranteed yield is dependable and Free from property maintenance expenses, Payment billing or rental price changes.

17 The company is responsible for all matters concerning the daily administration of the property: Promoting ownership, locating tenants, Check the fitness and reliebility of tenants, Leases performing regarding the tenants and Management of tenants evacuation procedure, if necessary. Payment and management of the property Maintenance and all its facilities, by professional team, including maintenance personnel & professionals. Gardening and current annual fumigation. Sale of the property if necessary, Subject to the authorization and consent of the investor.

18 INVESTOR COMMITMENT

19 Property insurance The company will be responsible for Ensuring the property. (Insurance includes: Natural damage, vandalism, theft, fire, flood) The price of insurance is around 600$ - 1,000$ Payment of annual taxes Municipal taxes - about 1.5% of property Value state taxes - Florida is one of the US states where there are no state taxes. Improvement or expansion of the property According to the investor desire.

20 US TAXES ON REAL ESTATE INCOME Revenues in the US are produced from renting or from property future sales gain. We shall attempt to describe the calculation of both income tax: Rental income: According to federal law income, net rental income will be set based on the total Income of the property, minus the expenses recognized by the tax concerning the Rental of the property: repairs, spare parts and routine maintenance, insurance Property insurance purposes, advertising and marketing expenses to promote The rental of the property, management fees, property taxes and other municipal Taxes, overhead (Airline tickets, rental cars, living expenses, etc.) It is understood that only costs related to the property are included. (Cost of property financing and depreciation calculation for funding). Every foreign investor has the right to exclude $ 3,500 of its total taxable annual Income. After subtracting the above expenses, the foreign resident must pay a Graduated tax to the federal government.

21 Income from future sale profits: Capital gain or loss is defined as the difference between the amount of the sale of the property (less selling expenses) and the amount of purchase, less depreciation. The federal tax rate is low and fixed in 15%.

22 Our properties are carefully chosen, taking into account its legal and commercial situation, through a state company, the company Title. We review the socio-economic situation, the reliability of tenants and the proximity to shopping, schools and kinder gardens. A property in a good location Exceed its value in the future!

23 RISK MANAGEMENT No. Nature of risk Probability Risk management 1 The property was not registered on my name 2 Purchase a Foreclosure / seized / mortgaged property 3 The property is not rented every month of the year Low Low Low After signing the purchase contract, the buyer transfers the payment to the lawyer in trust until the registration of the property to the buyer The purchase is made via a lawyer backed by the insurance company - Title Because of the 2008 crisis there is a high demand for rental. Also, the management company undertakes to pay a monthly rent even in the case that the property was not rented

24 RISK MANAGEMENT (Continue) No. Nature of risk Probability Risk management 1 Tenants do not pay rent or do not pay it on time Medium In the US there is a very tough policy in cases of Non-payment 2 Reliance on management company regarding the rental and property maintenance High Ensuring good management company, Attaching payment to the management company subject to the rent rate. 3 Low real estate prices in the US Low The prices today are lower in high percentages to the precrisis prices. Today the market prices are rising.

25 Dear Investors! We are facing a unique opportunity To increase our capital without effort

26 It would be a shame to say "I had the opportunity, and I ve wasted it!"

27 Let the experts do their job and You will Be left with a mission: To Collect The Money!

28 Thank You! YAKUT PROPERTIES LLC

Partnering with you to buy your home or investment property. Buying an Investment property

Partnering with you to buy your home or investment property. Buying an Investment property Partnering with you to buy your home or investment property Buying an Investment property Buying an investment property Investment property expenses To run a successful rental property you ll need a detailed

More information

City of Cincinnati Pamphlet Residential Lease Option Contract

City of Cincinnati Pamphlet Residential Lease Option Contract City of Cincinnati Pamphlet Residential Lease Option Contract PLEASE READ THIS BROCHURE CAREFULLY! YOU SHOULD READ THIS BROCHURE BEFORE YOU SIGN A LEASE WITH OPTION TO BUY AGREEMENT! This Pamphlet explains

More information

How to Sell Your Home FAST And For FULL PRICE!!

How to Sell Your Home FAST And For FULL PRICE!! FREE Special Report: Compliments of www.bobbuysfast.com How to Sell Your Home FAST And For FULL PRICE!! DISCOVER how you can sell your home fast and for Full Price even if your house has been on the market

More information

NON-RESIDENTS PURCHASING REAL PROPERTY IN THE U.S.

NON-RESIDENTS PURCHASING REAL PROPERTY IN THE U.S. NON-RESIDENTS PURCHASING REAL PROPERTY IN THE U.S. A. The Attorneys Role in the Purchase of Real Estate The purchase of real estate in the U.S. without the proper assistance can become a complex transaction.

More information

MULTI-FAMILY LOAN OVERVIEW

MULTI-FAMILY LOAN OVERVIEW MULTI-FAMILY LOAN OVERVIEW A BORROWER S GUIDE MULTI-FAMILY LOAN OVERVIEW GUIDE Multi-Family Mortgage Underwriting Guidelines and Process Commercial financing for multi-family properties is underwritten

More information

Introduction to Property Development

Introduction to Property Development Introduction to Property Development Taxation, accounting and structuring issues impact on every stage of a development. While these issues are often pushed to the side or considered a boring aspect of

More information

PURCHASE AND LEASING OF REAL PROPERTY IN THE UNITED STATES

PURCHASE AND LEASING OF REAL PROPERTY IN THE UNITED STATES PURCHASE AND LEASING OF REAL PROPERTY IN THE UNITED STATES A. INTRODUCTION By David L. Berkey, Partner Gallet Dreyer & Berkey, LLP Attorneys at Law New York City, USA The purchase and/or leasing of real

More information

Setting up and managing your rental

Setting up and managing your rental Setting up and managing your rental Once you have a plan in place and you ve narrowed down the types of property you might buy, it s time to think about finances, ownership structures and the way you ll

More information

Your step by step buy-to-let guide

Your step by step buy-to-let guide Your step by step buy-to-let guide by The Frost Partnership First time buy-to-let? Need help choosing a property? Financing your property Legal advice Considering the costs Will I make any money? Choosing

More information

SAFE AND SECURE LENDING THE NEW ZEALAND WAY

SAFE AND SECURE LENDING THE NEW ZEALAND WAY SAFE AND SECURE LENDING THE NEW ZEALAND WAY NEW ZEALAND S LAND REGISTRATION SYSTEM Business & Private Law Brian R Ellis LLB Principal 6 th Floor, 43 High Street PO Box 4516 Auckland, New Zealand Telephone

More information

Helpful Information for a First Time Mortgage

Helpful Information for a First Time Mortgage Helpful Information for a First Time Mortgage Getting Started Many people buying their first home are afraid lenders don't really want to work with them. But that's simply not true. Without you, there

More information

Home Mortgage Interest Deduction

Home Mortgage Interest Deduction Department of the Treasury Internal Revenue Service Publication 936 Cat.. 10426G Home Mortgage Interest Deduction For use in preparing 1998 Returns Contents Introduction... 1 Part I: Home Mortgage Interest...

More information

RENTAL PROPERTY. Understanding the tax benefits of rental property ownership

RENTAL PROPERTY. Understanding the tax benefits of rental property ownership ADVANTAX RENTAL PROPERTY Understanding the tax benefits of rental property ownership DVANTAXA Rental Property Owning and renting property is common for many individuals. While the rental income and/or

More information

EHDOC Robert Sharp Towers II Limited Partnership (A Florida Limited Partnership) Financial Report October 31, 2014

EHDOC Robert Sharp Towers II Limited Partnership (A Florida Limited Partnership) Financial Report October 31, 2014 EHDOC Robert Sharp Towers II Limited Partnership Financial Report October 31, 2014 Contents Independent Auditor's Report 1 Financial Statements Balance sheet 2 3 Statement of income 4 Statement of changes

More information

First Time Home Buyer

First Time Home Buyer First Time Home Buyer What we ll need to get started on your pre-approval Verification of employment income: most recent T4 / Tax Return / Notice of Assessment and either a Pay Stub or Letter of Employment

More information

Investing in real estate in today s market

Investing in real estate in today s market Investing in real estate in today s market Objective Module 1 Establishing your investment Defining your investment objective Advantages vs. disadvantages Managing two home loans Debt-to-income ratio Financing

More information

Treatment of COD Income by Partnerships

Treatment of COD Income by Partnerships Treatment of COD Income by Partnerships Stafford Presentation January 28, 2015 Polsinelli PC. In California, Polsinelli LLP Allocation of COD Income COD income is allocated to those partners who are partners

More information

The Short Sale Process

The Short Sale Process The Short Sale Process Our Presentation Today Will Address the Following: What is a Short Sale? Who Qualifies For a Short Sale? What are the Benefits of a Short Sale? What Documents Are Required? What

More information

You ve Applied For Your Mortgage. What Happens Next? A Simple Guide To Help You Through The Mortgage Process

You ve Applied For Your Mortgage. What Happens Next? A Simple Guide To Help You Through The Mortgage Process You ve Applied For Your Mortgage. What Happens Next? A Simple Guide To Help You Through The Mortgage Process Four Easy Steps You have found the right home at the right price in the right location. Now

More information

INVESTMENT PROPERTY RECORD BOOK FOR LANDLORDS

INVESTMENT PROPERTY RECORD BOOK FOR LANDLORDS FOR LANDLORDS 1. INTRODUCTION TABLE OF CONTENTS 2. INFORMATION GUIDE FOR LOG 3. PROPERTY DETAILS AND CONTACTS PROPERTY ADDRESS MANAGING AGENT BODY CORPORATE TENANTS SOLICITOR ACCOUNTANT FINANCIER INSURANCE

More information

Farm Machinery Lease for Non-commercial Transactions

Farm Machinery Lease for Non-commercial Transactions Farm Machinery Lease for Non-commercial Transactions NCFMEC-05A For additonal information see NCFMEC 05 (Purchasing and Leasing Farm Equipment). This form can provide the owner and renter with a guide

More information

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Buy to Let investors guide

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Buy to Let investors guide YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE Buy to Let investors guide On your side in Buy to Let Buying property to let as a long-term investment or to generate

More information

CUTTING THROUGH THE JARGON: A Basic Primer on Commonly Used Terms in Commercial Real Estate Mortgage Transactions.

CUTTING THROUGH THE JARGON: A Basic Primer on Commonly Used Terms in Commercial Real Estate Mortgage Transactions. CUTTING THROUGH THE JARGON: A Basic Primer on Commonly Used Terms in Commercial Real Estate Mortgage Transactions. Similar to may other industries, the world of commercial real estate has a language all

More information

Home HOW TO BUY A WITH A LOW DOWN PAYMENT 3 % A consumer s guide to owning a home with less than three percent down. or less

Home HOW TO BUY A WITH A LOW DOWN PAYMENT 3 % A consumer s guide to owning a home with less than three percent down. or less A consumer s guide to owning a home with less than three percent down. 3 % WITH A LOW DOWN PAYMENT or less HOW TO BUY A Home If you re dreaming of buying a home, congratulations. You re in good company!

More information

Chapter 38. Appraising Income Property INTRODUCTION

Chapter 38. Appraising Income Property INTRODUCTION Chapter 38 Appraising Income Property INTRODUCTION The income appraisal approach estimates the current market value for a real property by projecting and analyzing the income that the property could generate.

More information

27 Ways To Buy Multi-Family Properties With NO MONEY DOWN

27 Ways To Buy Multi-Family Properties With NO MONEY DOWN 27 Ways To Buy Multi-Family Properties With NO MONEY DOWN By David Lindahl RE Mentor, Inc 100 Weymouth Street, Building D Rockland, MA 02370 REMENTOR.COM 2 Legal Notice This information is designed to

More information

Property Report : House in Dallas

Property Report : House in Dallas Property Report : House in Dallas Generated on: Jul 6, 2016 Author: Guest Page 1 of 11 Table of Contents Executive Summary 3 Property Description 4 Operational Effectivness 5 Financial Effectivness 6 Financing

More information

Rent to Buy Scheme (RTBS) Information Brochure The White House, Glenfinnan, PH37 4LS

Rent to Buy Scheme (RTBS) Information Brochure The White House, Glenfinnan, PH37 4LS Rent to Buy Scheme (RTBS) Information Brochure The White House, Glenfinnan, PH37 4LS Glenfinnan Rent to Buy Scheme 1 The Rent to Buy Scheme (RTBS) An exciting opportunity to rent, then buy a home in the

More information

INVEST IN YOUR LIFESTYLE BUYING A HOME 604.966.4058 JEFF@WREC.COM WWW.JEFFHUME.COM

INVEST IN YOUR LIFESTYLE BUYING A HOME 604.966.4058 JEFF@WREC.COM WWW.JEFFHUME.COM BUYING A HOME 604.966.4058 JEFF@WREC.COM WWW.JEFFHUME.COM BUYING A HOME There are numerous considerations and financial requirements to each step of the home buying process. In this guide, you will find

More information

Wondering how to borrow using the equity in your home? Ask a Citizen. The Citizens Guide to Home Equity Financing

Wondering how to borrow using the equity in your home? Ask a Citizen. The Citizens Guide to Home Equity Financing Wondering how to borrow using the equity in your home? Ask a Citizen. The Citizens Guide to Home Equity Financing We understand you have questions about home borrowing. We can help. At Citizens Bank, we

More information

Some dream of a lifetime, other accedent there!... Become owner. The best investment opportunity real estate of the decade... WWW.INVEST-LASVEGAS.

Some dream of a lifetime, other accedent there!... Become owner. The best investment opportunity real estate of the decade... WWW.INVEST-LASVEGAS. Some dream of a lifetime, other accedent there!... Become owner The best investment opportunity real estate of the decade... WWW.INVEST-LASVEGAS.COM Summary I. Rental property investments in Las Vegas:

More information

Sample Roommate Agreement for Alberta Renters

Sample Roommate Agreement for Alberta Renters Sample Roommate Agreement for Alberta Renters Why do you need a written Roommate Agreement? A written agreement helps you avoid having problems with your Roommates. Usually when you rent an apartment or

More information

Guide to Getting Loans on Investment Properties. Mark Ferguson. Copyright 2013 All rights reserved Invest Four More Proprietary

Guide to Getting Loans on Investment Properties. Mark Ferguson. Copyright 2013 All rights reserved Invest Four More Proprietary Guide to Getting Loans on Investment Properties Mark Ferguson Table of Contents Guide to Getting Loans on Investment Properties... 1 Should you get a loan for investment properties?... 3 Why are the returns

More information

Broker Final Exam Review Math

Broker Final Exam Review Math Broker Final Exam Review Math Copyright Gold Coast Schools 1 Minimum Annual Production Page 73 A brokerage office had 200 sales last year. After paying sales commissions to the associates, there was $229,000

More information

Economic Development Loan Program

Economic Development Loan Program Gloversville Community Development Agency Economic Development Loan Program The Program The Gloversville Community Development Agency loan program was formed for the purpose of promoting economic development

More information

FHA Home Loans 101 An Easy Reference Guide

FHA Home Loans 101 An Easy Reference Guide FHA Home Loans 101 An Easy Reference Guide Updated for loans on or after June 3, 2013 Congratulations on Starting Your Journey to Home Ownership This guide offers a quick look at vital information you

More information

What is an insurance policy? Financial Risk: Insurance Questions and Answers. What is insurable interest? What is insurable interest?

What is an insurance policy? Financial Risk: Insurance Questions and Answers. What is insurable interest? What is insurable interest? Financial Risk: Insurance Questions and Answers What is an insurance policy? A legally binding contract Insurance company and the policyholder (person insured) In exchange for payment (premium) The insurance

More information

Self Managed Super Fund (SMSF) Limited Recourse Loans

Self Managed Super Fund (SMSF) Limited Recourse Loans Self Managed Super Fund (SMSF) Limited Recourse Loans Memorandum Ever since the Superannuation Industry (Supervision) Act 1993 (SIS Act) was amended in late 2007, SMSF Lending has been arranging Super

More information

primecentrum Why UK Buy-To-Let 2016

primecentrum Why UK Buy-To-Let 2016 primecentrum Why UK Buy-To-Let 2016 Would you like to know more about investing in UK buy-to-let market? 1. What? 3. Where? 5. Who? 2. Why? 4. How?...Do it with our guide in 5 simple steps! 2016 marks

More information

ISSUES RELATING TO COMMERCIAL LEASING. THAILAND Tilleke & Gibbins International Ltd.

ISSUES RELATING TO COMMERCIAL LEASING. THAILAND Tilleke & Gibbins International Ltd. ISSUES RELATING TO COMMERCIAL LEASING THAILAND Tilleke & Gibbins International Ltd. CONTACT INFORMATION Chaiwat Keratisuthisathorn and Nuanvirat Kraubua Tilleke & Gibbins International Ltd. Supalai Grand

More information

Piazza & Associates. Affordable Housing Services

Piazza & Associates. Affordable Housing Services Piazza & Associates Affordable Housing Services 216 Rockingham Row - Princeton Forrestal Village - Princeton, NJ 08540 Phone: (609) 786-1100 - Fax: (609) 786-1105 - E-mail: WestWindsor@HousingQuest.com

More information

Most simply put, a Bird Dog is someone who seeks out real estate properties for investors and gets paid a fee.

Most simply put, a Bird Dog is someone who seeks out real estate properties for investors and gets paid a fee. Become a bird Dog Every day more and more people are inquiring about how they can make some extra side cash or get started into real estate. Bird dogging is a great way for anyone to make some extra money

More information

GENERAL TIPS FOR BUYING/SELLING A HOME Office of the Staff Judge Advocate, MacDill Air Force Base, Florida (813) 828-4422

GENERAL TIPS FOR BUYING/SELLING A HOME Office of the Staff Judge Advocate, MacDill Air Force Base, Florida (813) 828-4422 GENERAL TIPS FOR BUYING/SELLING A HOME Office of the Staff Judge Advocate, MacDill Air Force Base, Florida (813) 828-4422 TYPES OF HOMES Buying a house will be one of the biggest investments one will ever

More information

Deferred Payment Agreement Charging

Deferred Payment Agreement Charging Deferred Payment Agreement Charging What is a Deferred Payment Agreement? A Deferred Payment Agreement is an arrangement with the council that will enable you to use the value of your home to help pay

More information

FOR SALE: TWO COMMERCIAL BUILDINGS

FOR SALE: TWO COMMERCIAL BUILDINGS FOR SALE: TWO COMMERCIAL BUILDINGS ON OVER 1/2 ACRE LOT WITH 150 OF FRONTAGE ON ANDREWS AVENUE 10 NW 40TH COURT 4047 N. ANDREWS AVE. ASKING PRICE: $549,000 4047 N. ANDREWS AVENUE (1,560 SF) 10 NW 40TH

More information

A CONSUMER S G UIDE TO C ONSTRUCTION F INANCING

A CONSUMER S G UIDE TO C ONSTRUCTION F INANCING A CONSUMER S G UIDE TO C ONSTRUCTION F INANCING ARE YOU BUILDING A CUSTOM HOME? This guide is a valuable resource for anyone planning to build a custom home. It provides information on the financing process,

More information

THE NEXT GENERATION OF OFFICE SPACE

THE NEXT GENERATION OF OFFICE SPACE THE NEXT GENERATION OF OFFICE SPACE COMING SOON TO AVENTURA INTRODUCING BEACON TOWER DESIGNED FOR TODAY S BUSINESSES AND TOMORROW S LEADING-EDGE FIRMS Beacon Tower of Aventura Beacon Tower of Aventura

More information

www.authorityformula.com

www.authorityformula.com www.authorityformula.com 2010 SimpleWealth Inc. All rights reserved. Dear Homeowner, Trying to sell or lease your house can be a an extremely frustrating experience. This report is designed to help you

More information

CHARLES WAYNE PROPERTIES, INC.

CHARLES WAYNE PROPERTIES, INC. CHARLES WAYNE PROPERTIES, INC. Office Retail Industrial Hotel Land SUMMARY Investment Sales Site Selection & Tenant Representation Leasing Advisory Services INVESTMENT SALES Charles Wayne Properties investment

More information

Property Management. Guide

Property Management. Guide Property Management Guide IMPORTANT NOTICE: The information contained within this book is designed to provide an overview of the considerations required for ownership of an investment property. Readers

More information

Factors that Affect Housing Choices

Factors that Affect Housing Choices Factors that Affect Housing Choices Copyright Copyright and Terms of Service Copyright Texas Education Agency, 2013. These materials are copyrighted and trademarked as the property of the Texas Education

More information

The Government s tax changes for buy-to-let landlords could significantly eat into profits and potentially wipe them out completely.

The Government s tax changes for buy-to-let landlords could significantly eat into profits and potentially wipe them out completely. Buy-to-Let and Tax Implications The Government s tax changes for buy-to-let landlords could significantly eat into profits and potentially wipe them out completely. Chancellor George Osborne has announced

More information

Opportunity for Property Owners to Lease/Rent. Residential Properties. promoting sustainable communities. Information Booklet

Opportunity for Property Owners to Lease/Rent. Residential Properties. promoting sustainable communities. Information Booklet Opportunity for Property Owners to Lease/Rent Residential Properties Information Booklet promoting sustainable communities Purpose of this booklet The purpose of this information booklet is to set out

More information

How should banks account for their investment in other real estate owned (OREO) property?

How should banks account for their investment in other real estate owned (OREO) property? TOPIC 5: OTHER ASSETS 5A. REAL ESTATE Question 1: (December 2008) How should banks account for their investment in other real estate owned (OREO) property? Detailed accounting guidance for OREO is provided

More information

Commercial Property Investment Guide. Your guide to purchasing and managing a commercial investment property

Commercial Property Investment Guide. Your guide to purchasing and managing a commercial investment property Commercial Property Investment Guide Your guide to purchasing and managing a commercial investment property Contents Introduction 1 The benefits of commercial property investment 2 Why invest in property?

More information

Before you develop or acquire a property, you must know how big it is size is the key metric for real estate.

Before you develop or acquire a property, you must know how big it is size is the key metric for real estate. Real Estate Development Key Terms If you want to understand real estate development, you need to know the key terms used to describe properties whether you re developing the properties from the ground

More information

(dd/mm/yyyy) Landlord (1) Name: NRIC No. (4) : Address: Landlord (2) Name: NRIC No. (4) : Address: Landlord (3) Name: NRIC No.

(dd/mm/yyyy) Landlord (1) Name: NRIC No. (4) : Address: Landlord (2) Name: NRIC No. (4) : Address: Landlord (3) Name: NRIC No. Exclusive - Landlord Landlord EXCLUSIVE ESTATE AGENCY AGREEMENT FOR THE LEASE OF RESIDENTIAL PROPERTY BY A LANDLORD * (1) ORIGINAL/ (2) RENEWAL OF AGREEMENT This form is prescribed by the Council for Estate

More information

Land Acquisition and Development Finance Part IV

Land Acquisition and Development Finance Part IV Land Acquisition and Development Finance Part IV In last month s Learn article, we discussed tying up the land and a more in depth formal due diligence process. This article will discuss Development financing.

More information

REAL ESTATE INVESTMENT TRUSTS (REITs)

REAL ESTATE INVESTMENT TRUSTS (REITs) UNDERSTANDING REAL ESTATE INVESTMENT TRUSTS (REITs) www.griffincapital.com KEY TERMS for ASSESSING REITS NET LEASE TRIPLE NET LEASE ABSOLUTE NET LEASE GAAP STRAIGHT-LINING FUNDS FROM OPERATIONS (FFO) MODIFIED

More information

How To Understand The Laws Of Korea

How To Understand The Laws Of Korea A Additional Payment The method of significantly reducing your home loan with extra payments to your mortgage. Even paying fortnightly rather than monthly can have a big impact. Amortisation Another way

More information

WHAT YOU NEED TO KNOW ABOUT MOBILE HOMES

WHAT YOU NEED TO KNOW ABOUT MOBILE HOMES WHAT YOU NEED TO KNOW ABOUT MOBILE HOMES WWW.LAET.ORG Serving Bledsoe, Bradley, Blount, Carter, Cocke, Grainger, Greene, Hamblen, Hamilton, Hancock, Hawkins, Jefferson, Johnson, Knox, Loudon, Marion, McMinn,

More information

1. Applying Our application form is quick and easy to complete and as soon as we have it, we get in touch to discuss your options.

1. Applying Our application form is quick and easy to complete and as soon as we have it, we get in touch to discuss your options. NEED A BUSINESS LOAN? R50 000 R1 500 000 Easy application process Pay-out in as little as three days The single biggest challenge facing small to medium enterprises in South Africa today is accessing the

More information

Ocwen Loan Servicing, LLC HELPING HOMEOWNERS IS WHAT WE DO! WWW.OCWEN.COM

Ocwen Loan Servicing, LLC HELPING HOMEOWNERS IS WHAT WE DO! WWW.OCWEN.COM 12/20/11 Paula Bachaman (203) 548-9046 paula@propertychoicesllc.com Property Address: 1024 Lindley Street, Bridgeport, CT 06606 Borrower Name: Jacqueline Muniz Antonio Muniz RE: Short Sale Request Package

More information

Financial Statements December 31, 2014 and 2013 Josephine Commons, LLC

Financial Statements December 31, 2014 and 2013 Josephine Commons, LLC Financial Statements Josephine Commons, LLC www.eidebailly.com Table of Contents Independent Auditor s Report... 1 Financial Statements Balance Sheets... 3 Statements of Operations and Members Equity...

More information

ROYAL MALAYSIAN CUSTOMS GOODS AND SERVICES TAX GUIDE ON VALUERS, APPRAISERS AND ESTATE AGENTS

ROYAL MALAYSIAN CUSTOMS GOODS AND SERVICES TAX GUIDE ON VALUERS, APPRAISERS AND ESTATE AGENTS ROYAL MALAYSIAN CUSTOMS GOODS AND SERVICES TAX GUIDE ON VALUERS, APPRAISERS AND ESTATE AGENTS CONTENTS INTRODUCTION... 1 Overview of Goods and Services Tax (GST)... 1 GST AND VALUERS, APPRAISERS AND ESTATE

More information

The condominium form of ownership in the United

The condominium form of ownership in the United A Lender s Primer: Major Repair Loans for Condominiums and Other Common Ownership Communities By Richard A. Rosner The condominium form of ownership in the United States is the product of enabling legislation

More information

You just realized that with work, school, sports and other obligations you REALLY need a set of wheels.

You just realized that with work, school, sports and other obligations you REALLY need a set of wheels. Introduction You just realized that with work, school, sports and other obligations you REALLY need a set of wheels. But what is it going to cost? And Your budget only allows you 400 a month! And you have

More information

ABILENE APARTMENT PORTFOLIO PORTFOLIO

ABILENE APARTMENT PORTFOLIO PORTFOLIO COLONIAL APARTMENTS 36 s LANDMARK APARTMENTS 12 s RIDGECREST APARTMENTS 44 s INVESTMENT HIGHLIGHTS Investment Offering: Abilene Apartment Portfolio 6 Property Multifamily Offering ELMCREST APARTMENTS 30

More information

Terms Buyer Closing Costs

Terms Buyer Closing Costs Destination WINDSOR!!! SASHA MILETIC S VIP BUYER HOME HUNTING PROGRAM Terms Buyer Closing Costs Adjustments The annual real estate taxes will be apportioned to the Seller and the Buyer as of the date of

More information

ADMINISTRATIVE PROCEDURE

ADMINISTRATIVE PROCEDURE Categories of Fixed Assets 1. Land -Land as well as the costs incurred in preparing the land for its intended purpose. These costs include, but are not limited to, purchase costs, real estate commissions,

More information

The Residential Buying Process

The Residential Buying Process This Guide was made possible thanks to a generous donation from the Alberta Real Estate Foundation The Residential Buying Process This brochure will help you understand the process of buying residential

More information

lesson five buying a home overheads

lesson five buying a home overheads lesson five buying a home overheads the home-buying process phase 1: determine home ownership needs What type of housing should I (we) buy? How much can I (we) afford to spend? phase 2: locate and evaluate

More information

It Is In Your Interest

It Is In Your Interest STUDENT MODULE 7.2 BORROWING MONEY PAGE 1 Standard 7: The student will identify the procedures and analyze the responsibilities of borrowing money. It Is In Your Interest Jason did not understand how it

More information

Level 2 l Intermediate

Level 2 l Intermediate 1 Warmer Do you live with your parents? Why? Why not? Do you own your own house or flat? If not, would you like to? Why? Why not? 2 Key words Fill the gaps in the sentences using these key words from the

More information

Reverse Mortgages (HECM) Helping Seniors

Reverse Mortgages (HECM) Helping Seniors Reverse Mortgages (HECM) Helping Seniors What is a Reverse Mortgage? A reverse mortgage is a non-recourse loan that allows homeowners to access a portion of their home equity. (Traditional refinance)

More information

Calculator and QuickCalc USA

Calculator and QuickCalc USA Investit Software Inc. www.investitsoftware.com. Calculator and QuickCalc USA TABLE OF CONTENTS Steps in Using the Calculator Time Value on Money Calculator Is used for compound interest calculations involving

More information

PROPERTY MANAGEMENT AGREEMENT (Long Term)

PROPERTY MANAGEMENT AGREEMENT (Long Term) PROPERTY MANAGEMENT AGREEMENT (Long Term) THIS PROPERTY MANAGEMENT AGREEMENT is entered into by and between Multi-Choice Management, LLC (Florida Corporations Division Document # L09000077634) ( Property

More information

Ministry Of Finance VAT Department. VAT Guidance for Land and Property Version 4: November 1, 2015

Ministry Of Finance VAT Department. VAT Guidance for Land and Property Version 4: November 1, 2015 Ministry Of Finance VAT Department VAT Guidance for Land and Property Version 4: November 1, 2015 Introduction This guide is intended to provide businesses supplying land and property within The Bahamas

More information

Memorandum of Mortgage

Memorandum of Mortgage Memorandum of Mortgage Form of registrable memorandum MEMORANDUM NUMBER 2012/4308 Section 155A, Land Transfer Act 1952 BARCODE Class of instrument in which provisions intended to be included: Mortgage

More information

The variety of brokerage business models in today s real estate industry affords the homeowner a greater range of options than ever before.

The variety of brokerage business models in today s real estate industry affords the homeowner a greater range of options than ever before. Why Use a REALTOR? Why Was This List Prepared? Surveys show that many homeowners and house buyers are not aware of the true value a REALTOR provides during the course of a real estate transaction. At the

More information

Real Estate Business in Vietnam

Real Estate Business in Vietnam Grünkorn & Partner Law Co., Ltd. Tax, Legal and Business Consultants Member of WTS Tax Legal Consulting and Lorenz & Partners www.lawyer-vietnam.com Real Estate Business in Vietnam (focused on foreign

More information

Commercial Real Estate Investment: Opportunities for Income Generation in Today s Environment

Commercial Real Estate Investment: Opportunities for Income Generation in Today s Environment Commercial Real Estate Investment: Opportunities for Income Generation in Today s Environment Prepared by Keith H. Reep, CCIM Real Estate Investment Consultant In this white paper 1 Advantages of investing

More information

banking Your House A guide to buying an investment property www.bendigobank.com.au

banking Your House A guide to buying an investment property www.bendigobank.com.au banking Your House A guide to buying an investment property www.bendigobank.com.au Your House A guide to buying an investment property Investing in real estate was once a difficult and stressful market

More information

Arkansas Development Finance Authority, a Component Unit of the State of Arkansas

Arkansas Development Finance Authority, a Component Unit of the State of Arkansas Arkansas Development Finance Authority, a Component Unit of the State of Arkansas Combined Financial Statements and Additional Information for the Year Ended June 30, 2000, and Independent Auditors Report

More information

Lesson 8 Save and Invest: The Rise and Fall of Risk and Return

Lesson 8 Save and Invest: The Rise and Fall of Risk and Return Lesson 8 Save and Invest: The Rise and Fall of Risk and Return Lesson Description This lesson begins with a brainstorming session in which students identify the risks involved in playing sports or driving

More information

A better way to buy a home.

A better way to buy a home. A better way to buy a home. Company NMLS : 227262 ABOUT USA MORTGAGE At USA Mortgage, a subsidiary of DAS Acquisition Company, LLC., our mission is the unrelenting pursuit of perfection, and we pride ourselves

More information

Number: 200101012 Washington, D.C. 20224 Release Date: 1/5/2001 Index No.:856.04-00 Person to Contact: Trust = Company = Apartment Complex A =

Number: 200101012 Washington, D.C. 20224 Release Date: 1/5/2001 Index No.:856.04-00 Person to Contact: Trust = Company = Apartment Complex A = Internal Revenue Service Department of the Treasury Number: 200101012 Washington, D.C. 20224 Release Date: 1/5/2001 Index No.:856.04-00 Person to Contact: LEGEND: Trust = Company = State X = State Y =

More information

ADVICE NOTE BUYING AND SELLING YOUR FLAT. A summary of the typical events when buying and selling a leasehold flat

ADVICE NOTE BUYING AND SELLING YOUR FLAT. A summary of the typical events when buying and selling a leasehold flat ADVICE NOTE BUYING AND SELLING YOUR FLAT A summary of the typical events when buying and selling a leasehold flat 2 CONTENTS Note: As the leading trade body for residential leasehold management, ARMA is

More information

Standard Charge Terms Land Registration Reform Act

Standard Charge Terms Land Registration Reform Act Page 1 of 32 Standard Charge Terms Land Registration Reform Act Filed By: Canadian Imperial Bank of Commerce Filing Number: 201610 Filing Date: March 29, 2016 The following set of standard charge terms

More information

Real Estate Investment Newsletter May 2004

Real Estate Investment Newsletter May 2004 Pooled Investment: A Primer This month I will explain the benefits of pooling your money to invest in real estate along with other investors as an alternative to direct ownership of real estate. We ll

More information

Pre-Approval: What It Means, and Why It s CRITICAL To Today s Home Buyer

Pre-Approval: What It Means, and Why It s CRITICAL To Today s Home Buyer Pre-Approval: What It Means, and Why It s CRITICAL To Today s Home Buyer This Free Report Provided by: This Free Report Provided By: 888.562.8634 www.churchillmortgage.com Company NMLS ID # 1591 (www.nmlsconsumeraccess.org);

More information

Application Form. Personal Information. Full Name. Full Address. Residential Status Own / Rent Time at Residence. Email.

Application Form. Personal Information. Full Name. Full Address. Residential Status Own / Rent Time at Residence. Email. Application Form Personal Information Full Name Full Address Residential Status Own / Rent Time at Residence Work Phone Home Phone Cell Phone Fax Number Email Marital Status Date of Birth # of Children

More information

2) We will call you within 24 to 48 hours to schedule an appointment. 3) We look over your property and go over our simple cash offer process with you

2) We will call you within 24 to 48 hours to schedule an appointment. 3) We look over your property and go over our simple cash offer process with you Home page: How do I sell my house fast with Delaware Home Buyers? It s EASY 1) Fill out the attached form or Call 302-275-8482 2) We will call you within 24 to 48 hours to schedule an appointment 3) We

More information

All you need to know about the. Seniors Money Lifetime Loan. Information for you, your family and your advisers

All you need to know about the. Seniors Money Lifetime Loan. Information for you, your family and your advisers All you need to know about the Seniors Money Lifetime Loan Information for you, your family and your advisers 1 Contents This brochure from Ireland s only specialist Lifetime Mortgage provider highlights

More information

Standard Clauses & Phrases. To Assist in the Writing of Residential Purchase Contracts

Standard Clauses & Phrases. To Assist in the Writing of Residential Purchase Contracts Standard Clauses & Phrases To Assist in the Writing of Residential Purchase Contracts ACKNOWLEDGMENTS The Alberta Real Estate Association (AREA) wishes to thank the Ontario, British Columbia and Saskatchewan

More information

INCOME APPROACH Gross Income Estimate - $198,000 Vacancy and Rent Loss - $9,900

INCOME APPROACH Gross Income Estimate - $198,000 Vacancy and Rent Loss - $9,900 INCOME APPROACH The Income Approach considers the return on Investment and is similar to the method that investors typically use to make their investment decisions. It is most directly applicable to income

More information

TENANTS AND FORECLOSURE: QUESTIONS AND ANSWERS ABOUT RIGHTS FOR LOUISVILLE RENTERS

TENANTS AND FORECLOSURE: QUESTIONS AND ANSWERS ABOUT RIGHTS FOR LOUISVILLE RENTERS TENANTS AND FORECLOSURE: QUESTIONS AND ANSWERS ABOUT RIGHTS FOR LOUISVILLE RENTERS The mission of the Legal Aid Society is to pursue justice for people in poverty. This booklet provides general information

More information

Investit Software Inc. www.investitsoftware.com INVESTMENT ANALYSIS USA RENTAL APARTMENT BUILDING EXAMPLE

Investit Software Inc. www.investitsoftware.com INVESTMENT ANALYSIS USA RENTAL APARTMENT BUILDING EXAMPLE INVESTMENT ANALYSIS USA RENTAL APARTMENT BUILDING EXAMPLE INTRODUCTION This example uses the Invest Rental Apartment Building example. This practice example consists of two Sections; 1. The input information

More information

HOME LOAN? YOU CAN. by John Adams, for Fox5 GOOD DAY ATLANTA

HOME LOAN? YOU CAN. by John Adams, for Fox5 GOOD DAY ATLANTA SPECIAL REPORT: TURNED DOWN FOR HOME LOAN? YOU CAN STILL BUY A HOUSE! by John Adams, for Fox5 GOOD DAY ATLANTA If you are renting and happy, then this column is not for you. But if you ve tried to buy

More information

COMMERCIAL LOAN APPLICATION

COMMERCIAL LOAN APPLICATION COMMERCIAL LOAN APPLICATION Thank you for considering Enterprise National Bank N.J. for your commercial loan needs. This application along with other information you supply will provide us with the information

More information