5 Tips for Approving a Home Mortgage Loan

Not everyone knows the most important things to consider when applying for a mortgage loan. Sometimes they go to buy a house when they see that interest rates and house prices are going down. However, it is important to know that the process of applying for a home loan is different from the process of renting an apartment or applying […]

Owner Builder Financing Without Contractor License

So you did some research on owner builder financing… Maybe you called your local bank and said, “I want to build my own house, I need owner builder financing,” and they basically said, “Good luck finding that!” Well, home builder loans still exist and you don’t need home building experience to get financing. You’ll find that some lenders call a […]

Why the “derivatives of the alphabet” have caused so much destruction

Mortgage-backed securities (MBs) and credit default swaps (CDs) are often referred to, rather loosely, as the “alpha derivatives.” Most Americans have little idea what these financial instruments are. The terms (derived from the alphabet, cd’s, mbs’s, TARP and all the other acronyms used) have suggested that finance has essentially become a bureaucratic exercise of overwhelming complexity. While the terms may […]

Business plan mistakes to avoid

don’t do the following Claim a lack of jurisdiction Some entrepreneurs get carried away in their eagerness to demonstrate the barriers to entry that distinguish their company from others. A “barrier to entry” is proprietary information or knowledge, or established management team expertise that no one else can claim. The factors that make your business stand out are alluring, but […]

Applications of Calculation in Real Estate Development

Calculus has many real-world uses and applications in the physical sciences, computer science, economics, business, and medicine. I will briefly touch on some of these uses and applications in the real estate industry. Let’s start by using some calculation examples in speculative real estate development (ie the construction of new homes). Logically, a new home builder wants to make a […]

Commercial Law – Corporate Law – Joint Venture – Contractual Construction of Clause in Joint Venture

The case of Nearfield Ltd v Lincoln Nominees Ltd and another [2006], dealt with the issue of the interpretation of a contractual term in an agreement. The first defendant was a company designated by the second defendant. The first defendant was incorporated in the British Virgin Islands. In April 2002, the plaintiff company entered into a joint venture agreement (“JVA”) […]