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12 May 2020 | 28 replies
I am a commercial real estate lender and I focus on CMBS originations. 10 year term fixed rate non recourse deals with 25-30 year amort is what I lend on for multifamily, industrial, hotels, retail, self storage, manufactured housing, office, etc.
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6 February 2016 | 1 reply
I am not familiar with how long these stores take to manufacture kitchen cabinets and countertops, so you may want to ask.
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26 April 2011 | 14 replies
It's going to be kicked back to first party coverage or to the liability of the manufacturer.
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27 July 2013 | 8 replies
I went out with another kid my age and we commented on how nice the new condos were to a neighbor, He mentioned the price, which seemed insanely high to use for a condo, and he looked at us and said "Boys, you can't manufacture the water."
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19 May 2014 | 2 replies
Sure Boeing moved their headquarters to Chicago, but all the suppliers and manufacturers are still in the Seattle/Everett area.You can do a quick search on Google for Aerospace or Aviation associations in Washington state.
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21 October 2021 | 12 replies
Rockford is in the top 3 cities for most foreclosures in the country (flint & Detroit are in there too); manufacturing town so lost lots of jobs when things went south.IMO it's a great opportunity but too far away for my taste.
2 October 2014 | 52 replies
Dennis check out Uponor, one of the best PEX manufactures.
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10 November 2008 | 44 replies
If you're looking to flip a property, then you should reconsider since the manufacturing-centric economy is struggling right now.You can't beat paying $24,000 for a 3/1 home which would rent for $650 a month.
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28 April 2014 | 12 replies
Maybe due to the manufacturing jobs?
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6 September 2015 | 18 replies
The due on sale clause simply gives the lender the RIGHT to call the loan due upon transfer of title.The exceptions to calling the loan due in the Garn St Germain Act are below....See http://www.law.cornell.edu/uscode/text/12/1701j-3(d)Exemption of specified transfers or dispositions With respect to a real property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home, a lender may not exercise its option pursuant to a due-on-sale clause upon—(1) the creation of a lien or other encumbrance subordinate to the lender’s security instrument which does not relate to a transfer of rights of occupancy in the property;(2) the creation of a purchase money security interest for household appliances;(3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety;(4) the granting of a leasehold interest of three years or less not containing an option to purchase;(5) a transfer to a relative resulting from the death of a borrower;(6) a transfer where the spouse or children of the borrower become an owner of the property;(7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property;(8) a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or(9) any other transfer or disposition described in regulations prescribed by the FederalHome Loan Bank Board.