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Archive | December, 2008

Get up to 90% financing with an SBA 504 loan

Tuesday, December 16, 2008

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By Lisa Carpenter Not long ago, if a borrower was simply able to complete the application for a 100% loan, and they would be approved. Talk to those who have tried the same in recent months, and you’ll hear a different story – one in which lending institutions have limited borrowing to the point of virtually freezing [...]

A Nightmare on Exchange Street

Wednesday, December 3, 2008

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Over my morning coffee reading The Journal online I came across more horrifying news from the exchange industry. LandAmerica, a major title company and apparently a QI (Qualified Intermediary) has collapsed under financial pressures and has been forced into Chapter 11. A QI is the entity that holds your money while your performing a 1031 exchange. [...]