The Requirements for Securing Commercial Real Estate Loans

Due to the dollar amount of most commercial real estate loans, the criteria to qualify is more stringent. It’s important to understand these requirements before you apply for a loan.

Not only are commercial real estate loans substantially larger than most other loans, they are also inherently more risky. This increased risk is due to the fact that most businesses financial health is very closely tied to the overall economy unlike the financial health of a consumer which is more insulated. To offset this risk as much as possible, lenders are much stricter about the qualifications for commercial real estate loans.

The first step in securing a commercial mortgage is to have the property appraised. Legally, the lender will need to have this process completed but it is not a bad idea for the borrower to also have an appraisal completed. It is critical that the property value be equal to or exceed the amount of the loan being requested. This is simply because the property will be the collateral for the loan. Most lenders want to see the property value at least 20% greater than the loan amount to ensure that the collateral is always greater than the outstanding balance of the loan.

When a business entity is making the purchase, the lender is going to want to verify that the business is financially stable and has the ability to make the loan payments. The lender will request documentation to verify the cash flow of the business as well as the debt that the business is carrying. Lenders prefer to see a steady net income 20% greater than the debt. It is also important that the business have some type of savings or other assets which are very liquid in the event that the business slows and cannot make the loan payments from the months’ income.

If the business entity does not have a strong credit history or is relatively new, the lender will require the owner of the business or owners to become personal guarantors. This basically means that the business credit history does not merit the loan and the owners are willing to use their personal credit history and scores to obtain the loan. This also means that the owners are willing to use their own personal funds and property as collateral for the loan.

Understand What Lenders are requiring

In many cases there are nonrefundable fees which must be paid to apply for commercial real estate loans. Knowing that your business or your personal credit is strong enough to secure a loan is very important before you begin the long process of a loan application and pay the fees to have the application processed. If you have any questions about the qualifications, you should invest your time in more research.

Due Diligence

There is a lot to understand when seeking a commercial loan and researching the process, the potential lenders and the criteria for securing a loan is a very smart choice. Speaking to a local bank or a mortgage lender is a good way to gather information and learn about the process to help you avoid wasting both time and money if you are not prepared to meet the loan application qualifications.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Timeshare: Get A Fast Timeshare Exit - How To Get Rid Of A Timeshare . . .

How To Get Rid Of A Timeshare . . . Cancel Your Timeshare

When it comes to timeshare I know what I’m talking about. If you still own a timeshare, get out now, do not wait, the faster you can do your Timeshare Exit the better off you’ll be. To do a timeshare cancellation - get a hold of one of our timeshare exit staff members now and save yourself a world of grief, time and money! You know we believe it should be illegal, to let people purchase a timeshare and not disclose to them what the total cost will end up being in their lifetime as well as their kids. Because that timeshare ownership does last a lifetime and then whatever is still owned on the timeshare at your time of death, is pasted on to your loved ones you left behind.

Now what is owned on the timeshare does not have to be just the mortgage payments. No, that extends to maintenance fees and of course those wonderful assessment payments that always seem to come at the best of times. Right? And of course what moron thought up the idea to hit the timeshare owners with the maintenance fee payments right after Christmas? Now you know someone who wanted to make sure that the timeshare owners were happy that they bought a timeshare in the first place, thought up that BRIGHT IDEA!

We hear more complaints about that then just about anything else. With the exception of the lies that timeshare owners find out later down the timeshare ownership line was not accurate and these timeshare owners feel hoodwinked. We keep saying this and we’ll keep saying it: Buying and

OWNING A TIMESHARE IS A WORTHLESS INVESTMENT

And unless you do a timeshare cancellation, you can never get rid of it. Who would really buy into anything, any concept that if life ever had a downturn for them, that they could not sale something that was a financial drain to them. When people want to downsize their lives, they look around and see what they could get rid of that they don’t need or use anymore and then a lot of these people do estate sales and get rid of the things that may by weighing them down. But with timeshare ownership it is a noose around your neck that you can never unload. Now maybe in the old days when timeshare was a new concept “timeshare” could be sold and maybe the timeshare owners could even make a profit, but then after a few years, the word got out that and the true nature of the “timeshare beast” became known around the world. Especially when these timeshare owners eventually found out that the timeshare concept of ownership was sold to them with smoke and mirrors. A lot of the stuff these timeshare owners were told in the timeshare presentation just is not true. A large number of women and men definitely feel that they have become of part one of those timeshare scams that we all learn about on occasion. At this particular stage in time, what these people plan to do – is to get out of the timeshare scam is by participating in a timeshare cancellation. Regardless, after the particular state official timeshare cancellation period is over, anytime any timeshare owner contacts the main vacation resort and says to them “I really would like to cancel my timeshare.” These timeshare owners are flatly refused by the timeshare resort.

The actual timeshare resort would certainly in every case, tell the specific timeshare buyer that after the allowed by the law timeshare cancellation - period has terminated, simply no timeshare contract cancellations can be done, and however that’s not really always precise. Nevertheless, our group at timesharecancellationcenter.com will also turn out to be the first to inform you, as soon as the exact timeshare cancellation amount of time has run out!! It’s most certainly not very easy to assist you to cancel timeshare. Perhaps you don’t understand precisely what you are working on, when you strive to engage in a timeshare contract cancellation. It’s more or less certain you definitely will continually be unsuccessful if you proceed to do a timeshare cancellation on your own without the help of a professional timeshare cancellation advocate group!

Thereby, you will then absolutely understand the best way for you to cancel a timeshare contract to achieve success and get out of the timeshare you have purchased. Definitely, after the statutory timeshare cancellation stage is undoubtedly over, you cannot merely mail a timeshare cancellation letter into the timeshare resort. This will certainly not get the job done and the timeshare cancellation you desire.

A lot of individual people mistakenly hope as long as they try to do a timeshare cancellation by telephoning the particular resort where they made their purchase, this will get the timeshare cancellation done as well. Even though the timeshare resort people sound really friendly and hear you story out, they are used to hearing all these types of stories and people telling them that you would like to cancel my timeshare, these timeshare employees are immune to your tragic tale. Remember that regardless of how sad of a story you proclaim to the actual time share resort even if you began crying and moping, that’s definitely not going to produce a timeshare contract cancellation. They hear all types of stories on a - - daily bases and just tune you out! Usually the folks that truly feel this particular course of action of timeshare cancellation will probably do the job don’t comprehend that they would not actually become the first man or woman to actually ring the actual timeshare holiday resort and simply declare; Something Real - Horrible Has Happen To Us And I truly, honestly, need to cancel my timeshare. Come on, the timeshare resorts hear - I really want to cancel my timeshare most of the time! The thing is, - It’s incredibly difficult to cancel timeshare contract. We’ll say it again, if you feel like I would like to . . . “sell my timeshare now” and if you want to be for sure you acquire a timeshare contract cancellation make sure to, get specialist support.

We suggest highly you talk with - - our professional timeshare advocates so that they can take you step-by-step through each one of the steps relating to a conducting a timeshare cancellation. There are a variety of factors that anyone must know how to do, each step of the way, to obtain a timeshare cancellation should you attempt a cancel timeshare approach yourself, without professional direction you possibly will prepare to do a true blunder regarding your complete timeshare cancellation process and get the actual timeshare cancellation. That simply no one will be in the position to advise you in your hope of getting the cancel timeshare contract done. And as a result before you get started to cancel timeshare contract make for certain you have all the pieces of information and essentially know already the best ways to cancel a timeshare contract. Our company is the Timeshare Cancel Center with our years of experience as a leader in the timeshare cancellation industry, we are aware of all the tricks and ploys used by many to sell timeshare and we have the knowledge and resources available to cancel timeshare contracts as quickly and as easily as possible.

When thinking about a timeshare, if you want to take legal action against a timeshare company perhaps you are thinking of consulting with timeshare attorneys or maybe you know a few timeshare lawyers. And you thinking would be right, if what you want to do, is file a lawsuit then for sure, you will want retain one of the good timeshare attorneys or one of the timeshare lawyers you have a good association with. However, if what you want to do is learn more about doing a timeshare cancellation and/or how to get out of a timeshare. Then we invite you to log on to our website and see our frequently asked questions or simply give the Timeshare Cancel Center a call and talk with one of our timeshare exit team professionals.

If you already own a timeshare and feel by purchasing the timeshare, you have become entangled a timeshare scam and would like to receive one of our free timeshare exit team reviews, we will be happy to server you and you might like to know, if your trying to find out how to get rid of a timeshare or how to sell a timeshare, you are not alone - so are many other people. As a matter of fact, a high percentage of people today say, “I would never” buy timeshare!!!

Many - Many people are trying to learn how to do a timeshare exit.

To Receive Free All The Important
Facts About How To Get Out Of A Timeshare
Or How To Get Rid Of A Timeshare We Can Help You.

Maybe you have said to yourself: I would like to sell my timeshare or maybe you have thought, I don’t have any idea how to sell a timeshare or even how to go about selling a timeshare, but I would like to sell my timeshare now. So I would like to get someone to, sell my timeshare. Well, even though we do not participate in; timeshare resales, selling timeshares, or timeshare rentals. We can provide you detailed information about the dangers of; timeshare rentals, timeshare resales and selling timeshares, our professional timeshare exit staff can answer all of your timeshare scams, timeshare fraud and/or timeshare users group questions. When it comes to asking questions and getting answers on timeshare and especially on how to get rid of a timeshare, how to get out of a timeshare and everything about timeshare cancellation we are foremost experts and we are known in the profession as the front runners.

Want Information About Executing A Timeshare Exit, Go To Our Website:

www.TIMESHARECANCELCENTER.COM

For A Free Timeshare Exit Consultation Conducted - By A Timeshare Cancel Center Timeshare Advocate, Call 24/7:

1-855-600-9053

www.TimeshareCancelCenter.com - 
5036 Dr. Phillips Blvd. Suite 221 
Orlando, Florida 2819-3310 USA

Timeshare Cancellation: When To Head For The Door

When you go on vacation and you find that you just can’t help yourself and you end up in a timeshare presentation. You can be sure they won’t tell you how to cancel a timeshare.

Some people that call us even tell us that the timeshare salespeople who sold them the timeshare, told them that they cannot do a timeshare cancellation, because of the special deal they were given and did you know that’s against the law.

Here are a few clues in the talking points of the sales pitch said by the timeshare salespeople that should let you know it’s time to head for the door and get the heck out of there before you find yourself in deep water and the proud new owner of timeshare. And then trying to figure out how to do a timeshare cancellation.

You swore you your better-half that under no circumstance when you agreed to go to that fun timeshare presentation would you buy a timeshare. But when you come up against professional salespeople who work as a professional tag-team you can find yourself quickly over your head.

These timeshare salespeople are highly-trained before they are ever allowed by their sales supervisors to go out on the resort sales floor and try to bring down at sale. The reason why is, because the timeshare resort has invested a lot of money just to have you walk through the resort door.

That’s now counting the free gifts they have offered you to get you there. It is said that it cost the resort about 55 percent of sales to get you there. In a billion dollar industry that’s a lot of money.

Also the timeshare industry is a highly competitive industry. If you think about it, there are just go many vacationers at anyone given time on vacation.

There are probably many resorts in the area that you can choose from and so each resort has to sweeten the gifting pot a little more than their competition to make sure it is their resort doors that you end up walking through.

Once the resort has you there, you are in a ring of professional salespeople that will do and sometimes say anything they need to in order for you to buy a timeshare from them.

In fact many times the timeshare presentation gets so down and dirty with sales pressure with the term they often use, “If I could would you?” it borders on leading you into a timeshare scam.

Why do you think that the 90 minute presentation you agreed to is now going in to its sixth hour. You have been put on a mental grinding stone where these professional salespeople have been taught through extensive training to get you to change your mind.

They are working in concert with the rest of the sales crew to grind away at your “Nos”. Those “Nos” are being worn down until the only word that has a chance of coming out of your mouth is “Yes”.

We advise people that if you just can’t keep yourself from going to a timeshare presentation, (and believe me we talk to people all the time who are drawn to the lure of that free gift) that once you start to feel overwhelmed by the sales pressure that is being lodged against you, get up and walk out. If you have to forgo the “free gift” so be it. Save yourself later headaches and money trying to do a timeshare cancellation.

If you own a timeshare and feel you have been involved in a timeshare scam and/or would like know how to cancel timeshare we can help.

To learn more about a timeshare cancellation see our frequently asked questions or give us a phone call.

To Find Out More About Timeshare Cancellation Log Onto Our Website:

www.TimeshareCancelCenter.com

-----------------------

www.TimeshareCancelCenter.com

5036 Dr. Phillips Blvd. #221 

Orlando, Florida 2819-3310 USA

If You Need Help Doing A - Timeshare Cancellation The Below Information Is For You.

For A Free Timeshare Cancellation Consultation, 

Call 24/7: 1-855-600-9053  www.TimeshareCancelcenter.Com. . . 

Timeshare Cancellation Attorney, Learn How To Cancel A Timeshare, How To Get Out Of Timeshare Scams.

We Can Help You Do A Timeshare Cancellation . . . And In Many Cases Even Get All Your Money Back! Need Help With A Timeshare Cancellation, Give Us A Call 1-855-600-9053.

If You Need A Timeshare Cancellation Letter, Or If You Have Been A Victim Of One Of Timeshare Deceptive Sales Practices And Timeshare Scams Or If You Want To Learn How To Cancel A Timeshare, We Can Show You How To A Timeshare Cancellation. 

If You Have Questions About How To Cancel A Timeshare, Call Us We. We Are Trained Timeshare Cancel Specialists, All We Do Is Timeshare Cancellations. We Are The, Timeshare Cancel Center: 1-855-600-9053. Fast Timeshare Cancellation. www.TimeshareCancelCenter.Com

Timeshare Scams: Don’t Get Bit In Your Wallet

Every day we receive many, many calls about timeshare scams. A lot of people we talk to are wanting to find out how to do a timeshare cancellation. 

They feel they have been taken advantage of and have gotten themselves involved with a timeshare scam.

Are you one of them? One of the many people who have let themselves be used to perpetuate one of the timeshare scams.  Many victims are unaware of what they are really getting themselves into?

What the timeshare industry started out as and what it has evolved into today are vastly different. But now you’ve gotten yourself in it. Now how do you get out of it?

First of all let me say, Never! Never use a timeshare broker or timeshare resale company! Never!
We can’t say this enough. They are also timeshare scams of the highest degree. To tell you the truth, after you buy a timeshare, it’s virtually worthless. That’s why we get so many calls from owners wanting to find out and get help with a timeshare cancellation.

If you don’t believe that, check it out for yourself. All you have to do is go to EBay and see how many timeshares are listed there. Owners are trying desperately to get rid of them and get that financial monthly drain off their backs.

Some are selling as cheap as a dollar. The ones that are asking more are still under the delusion that their timeshare is worth something.

IT’S NOT. It is hard for people to comprehend that what they bought into and spent thousands of dollars for, is worthless.

Now if that is what you really want to do, no one can stop you. With vacation timeshare Ownership, you share accommodation expenses with other owners when you want to go on vacation, but you share those expenses for life.

A timeshare is never truly paid-off. 

Maintenance fees will be paid by you until the day you drop over and 

then that expense is passed on to your loved ones. 

How’s that for a kicker? 

You have left your timeshare debt to your family.

Getting someone with whom you can be co-owners of a vacation accommodation saves lots of money at first glance. That is some of the pitch you will hear when you are invited to a timeshare presentation.

But be forewarned. These timeshare salesmen/women are trained to be hard core salespeople. Their money is in your pocket and they are determined to get it out by having you sign a timeshare contract before you leave.

Florida is the number one hotspot for timeshare sales. Visitors see the various benefits of vacationing in Florida and they buy into the well-crafted presentation that they think make it a great place for investing in timeshare.

But they don’t see the long lasting effects the drain of owning timeshare has on their budget. People change and certainly in this day and age, household economics change.

People are losing jobs at a very high rate and it can take weeks or even months to recuperate from the loss of income.

However the payments to your timeshare purchase and/or maintenance fees still go on.
Some people don’t realize when they purchase a timeshare that they have signed a legal binding contract that the resort can foreclose on if the purchaser is unable to make their payments or maintenance fees.

Just as if a home mortgage can be foreclosed on, resorts can go after any kind of personal income or saving that they can legally get their hands on and we have seen this happen time and time again.
Purchasing a timeshare can certainly leave you with many regrets. Be wise and think hard before you sign a timeshare contract.

How many of us can safely foresee the future in these uncertain times and say without a doubt that we can make those payments and/or maintenance fee payments for years and years to come (well really forever, since maintenance fees never end).

Take some time out to think about what you have read concerning "Timeshare Scams".

We hope this article contained the exact information you need to hear? If you are one of the unlucky victims of a timeshare scam or want to do a timeshare cancellation we are here to guide you and give you the help you need.

To learn even more about doing a timeshare cancellation log on to our website and see our frequently asked questions or simply give us a call.

If you already own a timeshare and feel you have gotten entangled a timeshare scam and would like know how to cancel timeshare we can answer all your questions.

For More Information About A  Timeshare Cancellation Visit Our Website:  www.TimeshareCancelCenter.com

5036 Dr. Phillips Blvd. #221
Orlando, Florida 2819-3310 USA
For A Free Timeshare Cancellation Consultation,
Call 24/7: 1-855-600-9053

Timeshare Scams - Let Me Count The Ways. . .

What are timeshare scams?

If we were to count the ways that the timeshare resorts are training and retraining their salespeople to scam you, that would take too long because the ways goes on and on.

Now of course they don’t think it's scamming, they’re just trying to take your “No” and turn it into a “Yes”.

If they have to take a 90 minute presentation and turn it into a 6 or 7 hour presentation so be it!

You see, the resort pays a lot of money to have people like you come through their doors.

Those people on the streets and in the malls that initially called you over to their booth get paid some pretty good money to book your tour and to have you show up at the presentation.

No Shows

If you don’t show up, they call that “No Shows” and if the people in the booths get too many of them, it could cost them their jobs.

So they need to tell you anything they have to have you show up at the appointed time that you scheduled with them.

I read once that people were being promised a new boat. (Now who wouldn’t show up for that?) After the presentation, the new boat that was promised, ended up being a new toy boat! Now in all honesty it was probable a very nice toy boat.

But I’m sure the turnover in the gifting department was like a revolving door because the poor employees that had to give over a toy boat most likely got an ear full on an hourly basis.

Anyway you get the picture. You know the old saying, “If it sounds too good to be true… it probable is.”

But the timeshare industry lives and I hate to say thrives on the rule that there is a sucker born every minute.

And if you could hear the timeshare scams stories that I hear, you would probable believe that yourself.

Now it’s not just the people that you might think that maybe a gullible, because this group includes, doctors, lawyers and Indian chiefs.

How About You

But let’s talk about you, so you went ahead and took to plunge. You took the timeshare salespeople at their word and all the promises they gave you.

You took the hook, line and sinker. You signed on the dotted line and now you’re the proud new owner of a timeshare.

You may even use it a time or two. But now it’s not really turning out exactly like you were told that it would at the time you purchased the timeshare.

They did tell you that they were building new units so just because you had a difficult time booking your vacation, you were still able to do it.

And just because the swimming pool was so crowded that you were only able to soak your big toe, they did say they were going to build two more swimming pools, the construction just hasn’t started yet. It will all be done by the time you come back next year.

But it’s not. Now you’re getting a little ticked, okay a lot ticked!

Your Timeshare Contract

You get out your timeshare contract. You’re sure all this stuff would be covered in the contract. The nice salespeople told you it would be... You know they wouldn’t lie to you.

Of course you didn’t have time to read the contract. They told you at the time you signed it that you didn’t have to. It was just a standard timeshare contract. And you took them at their word.

Oh boy. There’s trouble!

Now you learn that the internet is full timeshare resale scams.

How To Cancel Your Timeshare

It’s at this point that many people began to think about how to cancel a timeshare purchase and they learn it’s NOT easy to get a timeshare cancellation.

Many people that have been a part of one of those timeshare scams send a timeshare cancellation letter. But they learn this is no help.

The biggest question for many timeshare owners is how do I cancel my timeshare? I’ll tell you more about that in a minute.

Now Back To You

You have decided that you want to get out of the timeshare contract.

So, you call the timeshare company because you want to know how to do a timeshare cancellation. 

You tell the timeshare company that you have been a part of a timeshare scam.

The timeshare resort tells you, “Sorry. You have signed a legal binding contract and there is no way for you to get out of it.”

But you say, “Yes, but what they told me was, they were going to be more building at the resort and that hasn’t come to pass.” This is a timeshare scam!

The customer service person asks, “Is all that in the timeshare contract?”

“No, but I know they told me that. My wife was right there with me and she heard it too.”

“BUT is it in the contract?”

“No… but…”

“I’m sorry there is nothing I can do. It is a legal contract. Enjoy your timeshare. Have a nice day. Goodbye.”

And now, you feel like you have no recourse.

Good News For Timeshare Cancellation

But WAIT . . . I’m here to tell you some good news about wanting a timeshare cancellation.

You are stuck with that timeshare contract only if you want to be.

What the timeshare resort has done to you can be UNDONE.

I know that there are so many people out there that need to hear that. There are so many people filled with anger, fear and hopelessness.

Take back your sleepless nights and know that there are ways that you can take action against the timeshare scams.

The good news is, your timeshare contract can be canceled. Yes a cancel timeshare can be a reality.

We have valuable FREE information that will help you discover how to cancel timeshare contract – yes, you can permanently cancel your timeshare payments, all maintenance fees and your entire timeshare contract.

If you own a timeshare and would like know how to cancel a timeshare, to learn more about a timeshare cancellation see our frequently asked questions at:  www.TimeshareCancelCenter.com

-----------------------

www.TimeshareCancelCenter.com
5036 Dr. Phillips Blvd. #221 Orlando, 

Florida 2819-3310 USA

For a free consultation, Call 24/7: 1-855-600-9053