My mom’s apartment is in the process of having it put in my name and it is also on the market. I am still paying the consumer loan that is still under her name. If I stop making the payments and they find out that the apartment is being sold, can they go after the estate to pay off the loan?
Yes, my mother passed away and it is going through probate
and she did have a will
The loan is not under default, it is still up to date.

I’m looking for advice about buying a second home (apartment/flat) in either Munich or Berlin. I know Berlin is a lot cheaper, but I’m not very familiar with the area. What’s a good part of town? What about financing? Is it available if you live overseas? What are the monthly costs and what’s included? I’m looking for something modest. Around 50sq m or less…studio is fine. Less than 60,000 Euro. Any advice from someone who has done this? What was your experience, and what is the process for the transaction. I live in the US (if that makes a difference for providing comparisons)

I saw a commercial and said they could refinance to a 15 year loan at 4.375 with no closing costs. Has anyone used this company and if so were they good or are they trustworthy. Thank you.

We are looking to make our apartment complex more green… does anyone know what the costs would be like, how financing may work, and any perks/rebates that may be available? This is a 304 unit apartment complex in Ohio that was built in the 1960’s.
-Thanks for any help!!!

ALL voters (of any political party) how much does high interest rates, failure to regulate – banks as in excessive approval for blind speculation on trends in growth such as real estate, wall street trends and commercial development & especially failure to regulate against fraud from happening on Wall Street – how much does this bankrupt who countries’ economies?
I mention this especially because of "Laissez Faire" economic policies that are foolishly thought of as "practical", "what works" & is even endorsed by the libertarians & is usually endorsed as a economic policy & for business practices and application on wall street, banks & a lot of business in general by the conservatives in power (especially the republicans). To make it worse is even a lot of non conservatives (yes this means the democrats & possible other non conservatives in other nations/countries) have endorsed and adapted this as an economic policy and way of doing business as well. The thing is though, while not going overboard on regulations is one thing, but it’s an entirely different matter than having too much regulations by going to extremes and having none. It’s an entirely different matter altogether, because to have policies of encouraging by deliberately ignoring financially destructive recklessness with an abundance of approvals of extremely risky bank loans & ignoring fraud ahead of time altogether by not allowing preventive measures & restrictions with laws & regulations to stop fraud & minimize, if not entirely stop extreme risks with bank loans – to have such policies brings on the risks of needing loans from international banks for economies. With the recent extremely high amount with trillions of dollars for an economic bailout for the economy – that’s an obvious example of such things happening. What if someday the the banks of the world refuse to take risks of loaning money if it’s needed anytime soon? What will the economy do then? Collapse?
Case in point even libertarian U.S. Federal Reserve Chairman Alan Greenspan admitted he was wrong with his economic policies/philosophies all those years of non government involvement (avoiding regulations) in business. Yes, I’m talking about the same Alan Greenspan who was head of that office from August 11, 1987 – January 31, 2006 (which was while the US had mostly conservative presidents as well as a conservative majority on capitol hill in Washington most of the time).
Doubt Alan Greenspan would admit to being wrong? Well then have a look at this documentary – towards the end of this documentary (right at around the last 5 minutes) – yes, HE ADMITS TO HAVING BEEN WRONG WITH HIS ATTITUDE ABOUT LAISSEZ FAIRE ECONOMICS BEING "RIGHT" IN FRONT OF THE U.S. CONGRESS AND SENATE -

http://video.pbs.org/video/1302794657/

SO – is it worth bringing the ruining and collapse of the U.S.’s economy along with the economy of the world’s other countries and plunge the world into such deep economic depression and ruin that no country recovers and brings the entire world into world wars including worse world wars again?
In other words, like I asked at the top and beginning of this question, which pertains to what I’ve mentioned – how much does high interest rates, failure to regulate – banks as in excessive approval for blind speculation on trends in growth such as real estate, wall street trends and commercial development & especially failure to regulate against fraud from happening on Wall Street – how much does this bankrupt who countries’ economies?
"Bill Clinton’s creation ( The Subprime Mortgage) from his "Partners in America: National Homeownership Strategy" – Forced lenders to lend in markets and to borrowers who could never before quality. This created a Housing boom built on bad credit.
Fannie Mae ( Staffed by Clinton) Buying, packaging and selling those bad loans to Wall Street and our 401k’s.
Democrats who Blocked all 12 attempts by Bush to regulate Fannie Mae"
IF PEOPLE ACTUALLY WILL WATCH THE DOCUMENTARY THEY WILL SEE IT WAS GREENSPAN’S GANG WHO TOLD CLINTON (WHO NAIVELY TRUSTED GREENSPAN’S JUDGEMENT) – IT WAS GREENSPAN WHO ADVICED CLINTON TO NOT HAVE ENOUGH REGULATIONS.
"This mess is the direct result of Government intervention into the free market for the goal of getting more votes !" -Again- NO IT WAS GOVERNMENT’S LACK OF INTERVENTION in the free market THAT CAUSED "this mess"- EVEN GREENSPAN ADMITTED THIS – WATCH WHAT GREENSPAN SAID AND THEN COMMENT IF YOU DON’T BELIEVE ME.
Les S – I like your Gandhi avatar –
I hope you’re wrong about regulations not being allowed to work. The possible repercussions & scary future of regulations of the marketplace is very frightening to even consider the possibilities of, because economic collapse & poverty contributed to madmen such as adolf hitler rising to power & creating nazi Germany.
"Democrats who Blocked all 12 attempts by bush to regulate Fannie Mae" – "This mess is the direct result of Government intervention into the free market for the goal of getting more votes!" -
First of all HOW does that make any sense??? –
If someone like bush (supposedly) wasn’t allowed to intervene with regulations to regulate Fannie Mae – how was that the direct result of Government intervention into the free market for the goal of getting more votes!"??? because how is NOT regulating doing any regulating?
Granted there were some democrats who were just as guilty of not wanting regulations because of listening to Greenspan, but nobody told any of them to blindly listen to Greenspan who later admitted he was wrong and Greenspan was going by a Laissez Faire a Laissez Faire philosophy because he blindly thought ayn rand couldn’t be anything but right and ayn rand blindly followed nietzsche who blindly followed machiavelli.
"Proof? 2008 a very heated Election Year Both Houses controlled by Democrats. Yet.. incredibly there was NO Investigation as to why." -

No I realize it’s not hard for people to figure out that the democrats didn’t want there to be ANY question of using "fixed" voting machines & rigged/phony votes UNLIKE bush’s camp who used "whatever means necessary" to win their elections.
However- That’s besides the point because I don’t trust the democrats blindly as I don’t trust the conservatives or libertarians either – If I trusted any existing party in the U.S. more for honesty’s or reliability with their policies’ sake, it would be the Green Party, but they’re a bit too pacifist for me, because in the real world defense IS needed. However there’s a huge difference in the reasons about why the Iraq war went down as opposed to why it’s necessary for taking out the al qaeda for good. Stopping the terrorists and nutty taliban is more important than making money for bush & oil company CEOs.
Edit – Perhaps maybe it’s worse than a Plutocracy – maybe it’s a Kleptocracy.
So also if that’s the case – I hope not about that either.
Perhaps campaign finance reform would actually help to correct that, but considering that Capitol hill & especially their supporters probably would never let a bill like that go through – maybe some wealthy guys who didn’t like the other wealthy guys and their system that gives unfair & uncalled for advantages for the wealthy & corporations, might have to start sending lots in campaign money for a lot of independents who aren’t republicans, democrats or liberatarians and then imagine if those independents flooded out the others and not care about their system that makes paupers out the working class while the wealthy stays wealthy.
It sounds far fetched to think that wealthy people might get aggressive against other wealthy people & their whole system such as in like a Zorro or Robin Hood, but I’ve seen odd things happen before.

According to the nations largest commercial real estate firm, Marcus and Millichap, lenders are not liquidating distressed properties. Instead they are holding them and collecting the income until the market changes by paying management companies to run and improve the cash flow of the foreclosed businesses, shopping centers, apartments, etc.

All of a sudden banks are seriously in the commercial real estate business! They are not making new loans. Commercial loans and SBA loans are down somewhere like 95 percent this year!

Since banks made bad decisions to begin with why are they allowed to hold these assets instead of liquidate them like they should? A troubled bank should not be able to afford to hold these assets, let alone hire a management company. Are they able to afford it because of the bailout?

I am real estate salesperson for the commercial real estate industry and I’m upset because without loans, I have no business. Commercial sales in my office is down like 90 percent this year, and I work in an office with like 250 agents!

I had to sell my home because of finances. When I moved to a rental community, it was horrific. I asked about recycling and they told me where the dump was. No recycling. Bottles, plastic, glass all over the place. Trash can be lighter and brighter giving back. I think city & state officials should INSIST that all commercial & residential have options.

I make only 0/month since I am still in college but I have excellent credit. I’ve managed to save about ,000 to purchase my first small apartment. Currently, it’s listed at ,900 by the bank because it was foreclosed on, and the price has been dropping. Should I tell the realtor that I want to offer ,000 cash? Or should I talk to the mortgage broker she referred me to and try to finance with 25%-50% down? Also, any other tips for buying an apartment and dealing with realtor or mortgage broker?? Thanks!
It’s a 2 room condo in colorado. Thanks.

You are analyzing a commercial real estate investment that generates a net operating income of ,000,000 which increases by 3.5 percent per year. The purchase price is million, the land value is 20 percent of the total property value, the holding period is 10 years, the nominal income tax rate is 28 percent, the recapture tax rate is 25 percent and the long-term capital gain tax rate is 15 percent. A lender is willing to provide financing for the 10 year holding period with a 25 year amortization period for a fixed rate of 7 percent based on a loan to value ratio of 75 percent (25 percent equity). Calculate the before and after tax IRR and NPV based on a discount rate of 400 basis points above the going in cap rate and a terminal cap rate of 100 basis points over the going in cap rate. The cost of sale is three percent. What is the debt coverage ratio in year five?
I don’t expect anyone to do the math and answer this for me, but steps to solving it would be beneficial. I do not want the answer and I don’t want anyone to "do my homework" for me. It’s not homework either. I am just having a hard time figuring it out, especially the NPV and IRR. Any steps or comments would be much appreciated. Thanks

i want to buy a home but i have no down payment and i have fair credit. I am a first time home buyer so i was thinking in maybe getting a bank owned home. another thing is i have a lease in my apartment and what if i find a house before its over, what happens then? can any one help. I could really appreciate it. thank you for your time.

I got the cash for a new 3-series but I also want to keep it in the bank so I have cash flow, for an upcoming mortgage and down payment (on apartment). So, financing I would have to pay more per month but the BMW select can do zero down. The balloon at the end of 5 years is not that bad for me because actually I will invest the money NOW and in 5 years I would have more cash. What do you guys think?

MIAMI – Like many home owners, hotels are starting to drown in debt.

They have been enticing travelers all year with sweet deals: credits for in-house spas and restaurants, up to 50 percent off five-star rooms, even free nights.

But all that discounting hasn’t stopped occupancy from dropping an average of 10 percent. The result? Hotel loans have begun falling into delinquency faster than any other kind of commercial real estate debt.

The rising defaults paint a grim picture for an industry with increasingly more rooms than guests, and more hotels still opening every day. It’s a problem that could get worse before it gets better, with demand expected to remain weak and ambitious new projects planned before the meltdown worsening the room glut.

The oversupply means room rates should stay low for at least another year, good news for consumers but not so great for hotel owners and the banks that lent them the cash to build or buy.

The rise in delinquencies is sharp. Five times more hotel loans are behind on payments this year than in 2008, according to mortgage data firm Trepp LLC, which tracks those traded by investors. In October, 8.7 percent were distressed, compared with 1.5 percent last year.

That’s almost double the 4.8 percent rate for commercial property and the 4.5 percent rate for stores.