Lakefront Partners Daily Blog: Lakefront Daily Blog 5/28/2009
New Home Sales: For April, new home sales came in roughly as expected. § Mortgage Delinquencies: This number moved up to 9.1% for Q1. This is a somewhat stale datapoint, but 9.1% is the highest level so far. … read more…
Maddux Press » Stonelake Ranch Estate Homes Hit $100M Mark
Despite the soft residential real estate market across the country, 52 estate and executive residences – worth more than $100 million – have been built or are under construction at Stonelake Ranch, the exclusive lakefront community in eastern … The $100 million sales figure represents just 53 percent of the 98 homesites that have sold in the community, which is 60 percent sold out. Construction of several more homes is expected to begin in the next three to six months. … read more…
Saskatchewan Real Estate | Listings | Homes for Sale | Saskatoon …
Saskhouses.com advertises Real Estate for sale in communities across Saskatchewan. Buying, selling, marketing a home, house, condo, property. Saskatchewan Homes for Sale. read more…
From Google Blog Search
A Business Cash Advance Can Help a Struggling Small Business Owner
The state of the economy is making it very difficult to run a small business, let along grow a small business that is successful and profitable. Some small business owners have been forced to give up … read more…
The Right Property for Renovations Can Be Found Throughout Central Portugal
For years, Portugal has seen a huge rise in real estate developments including prestigious housing units, vacation resorts, villas and apartments. Properties within Central Portugal have been develop… read more…
Lakefront Homes in Lake Hartwell, South Carolina
Those who live near Lake Hartwell in South Carolina consider themselves to be extremely fortunate because they are able to enjoy the most exciting activities there. Located on the picturesque recreat… read more…
From GoArticles.com
Resolved Question: Can I afford to buy a single family home in Northern Virginia?
I currently have a 1 bed 1 bath condo in northern va (lakefront/hardwood floor throughout): mortgage $137,695, purchase price in 2005 was $321,000, currently assessed at $253,850. My development now is full of bank owned/short sale condos so prices are going down. A comp same model condo is asking $259,000 but no lakefront and carpeted, otherwise all same upgrades as me. Single family homes in a good neighborhoods as low as $449,000 and up to $500,000’s is what I’m looking at (prices not seen here in a while). Me: gross income: $71,000, take home (net) a month: $3,168, liquid cash $8,000, no debt other than my mortgage (pay credit card in full each month and own my car), credit rating is excellent and I am a conservative guy by nature. I was planning on selling condo with hope of pulling out $100,000 to put into new place. Can I afford to buy a single family home on my own with these numbers and situation? Thanks.
Resolved Question: Does anyone know any high net worth investor interested in a luxury real estate project joint venture good ROI?
My partner and I are seeking a high net worth investor to bankroll our high-end lakefront spec home project. We are looking for an individual who has capital available to invest and is interested in a joint venture. My partner and I are having to regroup. We had a funding partner for our project, and we were going to begin soon. However, our funding partner just found out that he has a serious illness and is having to withdraw from the project. So, we are now in need of another funding partner.
We are seeking $7 million to fund acquisition of 3 lakefront lots on Lake Burton ( North East Georgia Mountains) and to fund construction of 3 spec homes. We have currently negotiated to purchase three lakefront lots, have obtained all the permits and approvals, have chosen floor plans, have formed a real estate holding company, and simply need the capital to begin. Time is of the essence for us, and we are offering 40% on a JV. (We are seeking 100% funding) The officers of LCI (real estate holding company) bring together the expert experience of marketing and constructing residential real estate in the north Georgia mountains. We plan to construct and sell three high-end residential homes during the year of 2008/2009 and create a return of approximately 75% or approximately $5,000,000.00. This is a very simple and rather turn key investment that is secured by some of the most desired real estate in Georgia. Also, 2007 was a record breaking year for home and lot sales on Lake Burton despite other real estate market crashes, and 2008 is looking even stronger. We will NOT pay any upfront fees and we are NOT looking for a loan. We are simply looking for an individual investor who has the available liquid capital to partner with.
Business summary and complete detailed package available in pdf format.
Selling their home to keep their small businesses alive
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