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Easy access to funding is leading developers to take advantage of the government’s stimulus plan which has lead to an increase in the purchase of residential plots in Beijing of 52%. Residential sales in china are up 70% year on year and mortgage loans are up 94% during this same period. The business climate in China is also on the way up by 8.5 points in the third quarter from the previous quarter. China Housing & Land Development is the first and only Chinese real estate develo

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wrote an interesting post today on
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Capmark Financial Group, one of the nation’s largest commercial real estate lenders, has filed for bankruptcy protection amid mounting bad debt. Capmark has been hurt by rising losses on mortgage loans. In its filing Sunday in Delaware bankruptcy court , the company listed total debt of $21 billion and assets of $20.1 billion. Last month, the Horsham, Pa.-based company posted a $1.6 billion quarterly loss , as it set aside $345.8 million to cover loan losses during the quarter ended June 3

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Random Feed wrote an interesting post today on
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Capmark Financial files for bankruptcy protection CHICAGO ? Capmark Financial Group, one of the nation’s largest commercial real estate lenders, has filed for bankruptcy protection amid mounting bad debt. Capmark has been hurt by rising losses on mortgage loans. In its filing Sunday in Delaware bankruptcy court, the company listed total debt of $21 billion and assets [...]

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Random Feed wrote an interesting post today on
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Chriss Carr Buying a home is an exciting timeespecially if it is your first home. The majority of homebuyers cannot afford to purchase a home with cash. In fact, many struggle just to come up with the closing costs. Mortgage companies are there to help families who need a loan to purchase a home. There are several types or mortgage loans and you can have loans for 5 to 50 years. Before you apply for a loan and search for a mortgage company, keep these tips in mind so that your experience goes

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Random Feed wrote an interesting post today on
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The tax benefits of owning a house can be quite substantial, especially in the early years of the mortgage. On your tax return each year you can deduct the real estate taxes paid on the home as well as the interest paid on the mortgage loan. If your loan is less than one million dollars, the the full amount of interest can be deducted. Since most mortgage loans fall into this category, buying a home can be a wise choice because you are basically paying yourself to live in your home, and what you

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