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1 May 2015 | 9 replies
A potential difference over here is that virtually all banks have pre-payment penalties built into the loan contracts - so taking out a 20 year loan and selling after 10 years could cost you quite a bit of money in interest penalty to the bank, depending on how market rates have moved over the course of the 10 years.The 10 year ARM is of interest to some investors, because if you hold an investment property for at least 10 years, all profits upon sale are tax free...Other than that, I would see a lot of similarities to the US - lots of paperwork, closer scrutiny in the days right after the financial "collapse" a few years back, now balanced by the dynamic of low interest rates...Any specific aspects you are interested in?
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12 March 2015 | 9 replies
Those who become financially self sufficient with immediate assistance may salvage the credit aspects.
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10 April 2015 | 19 replies
There are many valuable aspects I learned as well, like consulting principles, negotiating, teamwork, and time management.However, if you are a budding entrepreneur and need specific skills, I don't know if spending so much time in an entire MBA program is best for your growing business.
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12 April 2015 | 13 replies
So you will definately want to address with your lender during that time
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21 November 2014 | 6 replies
Your target market will better define which direction you need to list it.
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21 November 2014 | 6 replies
Welcome to BP community @Keith Bloemendaal It is a great place to meet new friends and learn about various aspects of real estate and more.
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29 December 2014 | 20 replies
It is a great place to meet new friends and learn about various aspects of real estate and more.
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29 November 2014 | 9 replies
Welcome to BP community @Rada Vassil It is a great place to meet new friends and learn about various aspects of real estate and more.
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28 November 2014 | 4 replies
Welcome to BP community @Cynthia Eugene It is a great place to meet new friends and learn about various aspects of real estate and more.
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30 November 2014 | 20 replies
These aspects are not just some banker's opinion, they are anchored in economics and accounting rules as well as regulations banks must abide by.