Saturday, October 31, 2009

Home loan for purchasing land and constructing house?

I need to know whether any bank would give loans for purchasing land and constructing a house on that land together.

If yes how much will be the amount and what is the procedure?


You will be better off purchasing the land first in cash, and then have a large amount for downpayment on the construction. You will qualify for a construction loan which is a mortgage...but...you receive the monies as the builder requires. It is held in trust with a lawyer..usually 3 or 4 payments from start to finish. You can get a mortgage for the whole thing, but you will need a large amount for downpayment...just go to your bank and ask..they will give you all the details you need to get started and the directions you need to go. It may not be so difficult where you are, but banks here do not like to give out money for bare land..even if you want to build on it...I think they have had too many problems in the past.

The would only grant a percentage of the value of the building and land combined. They normally require the borrower to have a substantial downpayment (usually the value of the land) and then they only release the money on the building as work progresses to minimise their risk

Hi I am Tony Walker I graduated three month ago from the university before I graduate it was very hard for me to pay my fees as my parents was not able so I have no choice other than to apply for a loan online and a friend introduce me to Harry White who is the managing director of harry white loan firm and I was give a loan today I am grateful to this man who made me who I am,so if you are looking for a loan online and dont want to be scam I will advise you to contact him via email harrywhiteloanfirm60@yahoo.com

With today's economy you better have good credit #'s. Then go to the bank you use . Start there first.

Wednesday, October 7, 2009

How did states and the federal govt encourage business expansion through tariffs, banking, land grants, etc?

Please help .


Tariff- make it more expensive for foreign companies to cmpete

Banking - make cost of capital cheaper

Land grants- provide subsidies on land

Tuesday, October 6, 2009

Can I put a house on land not deeded to me?

My parents are letting us put a double wide on their land. With the stipulation that (heaven forbid) if we loose the house, the land stays put. It doesn't go with the house. If they deed us the land and the bank has to take the house, the bank would get the land too. We dont want that to happen. How does that work and is it even possible?


Lease the land from your parents to accomplish this. But note that it will be VERY, VERY, VERY difficult to ever sell that doublewide on a mortgage loan someday.

Construction on leased land is common. There's no law that requires a homeowner to own the land upon which the house is built.

as long as you don't finance your land with the bank, you should be fine.

Sure, but you'll be paying out the wazoo in interest without land to secure the trailer.

You cannot use the land as collateral without risking losing it. That is why they call it "collateral".

There isn't any way around it...either you pay a high interest rate to buy the trailer or your parents have to give you the land to use as collateral.

There is no "option C".

The bank will NOT get the land if they take back your double wide. The double wide is the ONLY security for your loan.

Monday, October 5, 2009

I need loan for purchasing land in devolving area for reselling.can i get loan from bank or private finance?

loan for purchasing land for resell.


I am Mr. John Clarke, a Reputable, Legitimate, Certified, Reliable & an accredited money Lender. I loan money out to individuals and corporate bodies in need of financial assistance. Do you have a bad credit or are you in need of money to pay bills? I want to use this medium to inform you that i render reliable beneficiary assistance as I'll be glad to offer you a loan at 2% interest flat rate. What did your bank say concerning having a loan from them???? Don't feel disappointed if they refuse granting you a loan. I hate what the banks do when customers/consumers are willing to lend money even with collateral and valid documents. I look forward permitting me to be of service to you. Send me an- E-mail me by replying to my email clarkeloanscompany12@yahoo.com and I'll do my best to help you out in your bad finances situation.

Regards,

Mr. John Clarke.

presuming we are talking about the US; why not?

if you qualify

Sunday, October 4, 2009

How can i use my land to commercial to make a building & give it to national bank. but i had no money.?

sir

My name is Ashish. And i m from nurpur (it is a small city in himachal pardesh).Sir i have a land which is main market in our city market. I use it as a commercial to make a building. and give this building to the any national bank as a monthly rent.But i have no such a money to make a building.Then but can i do for it ?


if the bank requires that place, then you can approach them and they will fund you for construction. the repayments will be from the proposed rentals.

Approach the Banks regional offices with details.

If your land is within city area,no NA permission is required,otherwise,get NA permission from DistrictCollector,prepare plan for building through Archetect and

get it sanction from Corporation/town planning department,approach any banker,along with no encumberance certificate from advocate and valuation done by Bank approved valuer,for loan,on sanction of loan

you can construct the building yourself or by contractors.And offer on rent to anybody.

make a contract with a reputed real estate developer on 50-50 percent basis.

The developer will make say 10 flats and he will give you 5 flats and rest he will sell to buyers at a profit.

this is the only way to make a building without investing any money or looking after the construction.

EDIT: you will have to give a "power of attorney" to the developer. Better to find a good lawyer among your relatives to give you legal advice

I be live the land is worth money so the bank should lend money to build. I have heard of that before being done.

I have 8 acres of raw land. How can I make money off of it, beside simply selling it?

My grandmother has 8 acres of raw land (1.5 acres on frontage on one of the main streets in our city) that is paid for 100%. Her house is now on the land, but the zoning is going from residential to commercial, with strip malls, gas stations, apartment complexes and more. There are three lone holdout houses right next to one another. We have tried to sell the property a few times but the price is always too low because either the neighbor won't sell, or someother mishap.

Since we carry no loan on the property, how can we develop it commercially and be able to get financing from a bank for doing so? Instead of selling it, we want to develop it into some sort of storefront, strip mall, or something. How can we secure the funding for this? I just heard in the same neighborhood that Starbucks pays $95,000 (and a profit %) per year for 20 years to the site owner - how can we score that?


lumber is very lucrative. if you have good forestation, consider contacting a lumber yard for harvesting some of the wood. they do all the work, and you get the check. get a couple offers and make sure to mark off what trees can go, and which will stay.

Contact Starbucks and see if they would be interested in the site.

mini golf course.

So you have 8 acres of commercial land I'm assuming. Financing shouldn't be a problem because you could use the property for collateral for a construction loan. You'll first need to go see a local civil engineer to develop a plan (this isn't free of course) to see what you can develop to maximize the site and abide by the local regulations. A leasable strip mall is always profitable no matter where it is, but you will need to advertise early so you can have some commitments to lease so you can as they say "Build to Suit". Another option would be to get a partner, one who already has money so you would be putting up the land and the other would be fronting the money, therefore you have no financial risk, but only gain, although now your gain would be less since you are splitting profits. Hope this is helpful.

Raw Land Loans are an agreement in which a lender (usually a bank) gives money to a business who is performing a Raw Land Development Project. The business agrees to repay the money with interest, at some future point in time. Raw Land Loans are very flexible and comes in a variety of terms to meet your specific needs. Money issued for Raw Land Loans are usually distributed in increments as the Raw Land Development Project meets certain milestones.

A qualified high volume/high traffic retail or foodservice operation can own and operate a Starbucks licensed store. Examples include: hotels and resorts, healthcare, college and university campus environments and business and industry. http://www.starbucks.com/business/leadSubmission.asp

Open up a bordello!

Saturday, October 3, 2009

I have a friend who wants to start his own church and wants to buy land or an existing building for the church?

Someone advised him to start a 5013c or something to that affect as a Non-Profit. My question is he can afford to get the land or building with his own credit, but would he be entilted to Government Grants or special financing from banks in order to start a church? He is an ordained Minister by the way.


Just: I might be missing something here, but it seems like your friend is putting the cart before the horse, so to speak.

The idea is to build a congregation first, then as it grows comes the consideration for a larger meeting place.

Your friend's organization through which he was ordained should have the proper procedure for obtaining the legal 501(c)3 non-profit designation. If not, try your state's licensing division for help.

I know of no government grants or special financing from a bank being offered to non-profit church start-ups. One more bit of advice: tell him to watch it when it comes to the use of his personal credit card for church purchases. It's an easy trap to fall in to....and it's been the downfall of many. Enough said!

Best wishes, and I hope this helps you....

I hope not since the churchs pay nothing into the govt' programs. Banks may buy into this but he just needs to go to his local banks, sit down and ask the questions based on his personal financial situation at this point in time.

Which indin bank/private bank gives loan againest land?

the following banks will help you out:

ICICI BANK (it's called loan against property)

CITIBANK (not advisable)

ANDHRA BANK

KARNATAKA BANK

CENTURION BANK

YES BANK (not advisable)

ING VYSYA BANK (may have the best interest rates... usually undercut anyone else)

hope this helps...


all.it depends on the place of the property and your record with the bank.and proof of your repayment source and capacity

India's major activity is agriculture, because of large number of villages. Government of India has made a policy to encourage agriculture for the development of the country.Accordingly Reserve Bank of India has drawn guidelines and instructed all the banks to finance under agriculture sector. Agriculture comes under priority sector. You may approach any bank for agricultural finance. Your loan will be sanctioned subject to the fulfilment of procedure laid down by the individual banks.

All the banks Indian or Private gives loan against property.

Friday, October 2, 2009

What happened after the dwarves nd bilbo landed on the river bank wiff the barrels?

dude..i forgot cuz i was telling my cuz the story..but i forgot..nd i dont have the book...can some one tell me so i can finish my amazinlgy boring story...or my cuz wont stop bothering me too finish


They landed in the city of Laketown on the Long Lake, befriended the lakemen (and their leader Bron?). They went to Eberor, the Lonely Mountain, to find the door revealed by the Thrush knocking upon it. Bilbo entered, many things led Smaug to go to Esgaroth, Laketown, Bron shot Smaug with his arrow in his weakspot. Smaug died. Bron became king. The forest elves went to take the treasure, so did the lakemen and the Goblins/orcs. Battle of Five Armies ensued. Thorin died even after the Eagles (5th army) came. Bilbo returned to Bag End, Under the Hill, Hobbiton, West Farthing, The Shire, with two bags filled with his treasured. "The road goes ever on and on, back to the door where it began, and I must follow, if I can."-Gandalf

Hope this helps! -fatmanseargeant'sson

if u r tri'n tu bee-cuom an auther tri tipi'n betr!

They get shot

Can anyone explain the process of bank nationalization?

I don't understand the process of bank nationalization and why its so bad for the banks/shareholders/anyone else. Wouldn't it be good to take over the bank right now to fix this mess that they've landed themselves in? If anyone could explain this is semi simple terms for a semi beginner economist that would be great!


The government is secretly planning a scheme to control

us and this is one of their ways of doing so. This what i found out

money is debt”

Listen to what I have found out.

Money is created out of debt through loans based on banks reserves.

The government needs money and asks the federal reserves for money the fed reserves say yes sure but we need a promisary note to show that you will pay it back

The government makes up a bond which is just paper with monetary value stamped on it in dollar amounts added up to the amount borrowed. But how can the goverment pay something back if they borrowed the money becaue they did not have it to begin with. How can they pay it back??

Money does not exist!!!

Wow…its all about control and manipulation. Did you haer of the Federal REserves "Modern Money Mechanic"

Look it up

Bank nationalization is generally considered a bad thing, because they are then subject to government regulation, and thus gaining market value is difficult. It also subjects a significant portion of the nation's economy to the federal government's will...people don't like that either. And it's somewhat socialist in concept - people don't like the idea of Socialism.

If a bank really needs it, however, then they should be taken over to save the money its customers have invested.

It is a horrible, anti-American idea. If the government took over a bank, stock holders would lose their investment. The stock would become worthless. Government is the problem not the solution. Banks have bad loans because the government and special interest groups forced them to lend to people who could not pay.

The US government is incapable of fixing any mess. Look at Medicare, Medicaid, Social Security. These messes were created by our government.

My personal view is that it's a bad idea because it leaves the government in control of the banks. That's bad when you look at how "well" the government runs anything. How many government programs are actually efficient at utilizing taxpayer money? Government likes to often force the square peg into the round hole by saying "make it so" as though there are no consequences.

"Owners of capital will stimulate working class to buy more and more of expensive goods, houses and technology, pushing them to take more

and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be

nationalized, and State will have to take the road which will eventually lead to communism."

Karl Marx, 1867

Thursday, October 1, 2009

Is BMW land cash prise promotion Legitimate ?

I was notifyed of a cash prise by BMW land,they requre of me

300 pound for bank transaction (electronic transfer) why do I

have to pay anything is this seal or a scam? Please help.


Yes, it's a scam, don't give them a penny.

Type the promo name into a search engine and see if a scam comes up. No legit promo will ask for cash up front. Does the return address sound funky? My advice is to open full headers at the bottom of the email, hit the arrow next to forward, then click on "as in line text" and send to: mail-abuse@cc.yahoo-inc.com to report the scam.

Don't send as an attachment, yahoo can't use the info in that form.

It is legitimate. If you send me £500 I will show you how you can win this competition**.

** Note : I am taking the piss!

Why are you so gullible?!

Did you enter a competition to win a BMW ?

Its a scam

BMW Land ? Is that just over Porsche Hill and across Mercedes River

/ Here is the website detailing it as a scam...

This is a con. It is nothing to do with BMW. Since when did prize winners get charged to collect their win?

These conmen send out thousands of emails in the hope that a few mugs will send off £300.

oh pleeease...what do u think..someone will send u a car for 300 pounds...come on...stop it

Quran had forbid loan interest, buying land or other investment tools are better than make bank deposit?

The other side of bank transaction which is very important to the bank and represent major activity: If you can't pay for it instantly or within a month, do without it until you can...


:}

The bible forbid Jews from charging interest also

but that was based on an agrarian economy not a system built on capitalism.

I'm not sure it still applies

Wrong!

Qur'an has forbideen intrests among muslims.

As for the bank, you can take a loan, its part of the contract.

You can invest, you can buy land, you can deposit, you can withdraw.

YOu can do whatever you want. Its your choice.

You can invest, even in the stock market, thats bussiness.

Misinterpretation leads to misguidance.

If you interpreted the law yourself, i recommend you get help from a muslim scholar.

This isnt a question, it's some type of lecture about 6th century islamic banking practices. WHO FRIGGIN CARES what the cavemen do?

The Quran is contexual and was true in its time. try not to look at the situation of Islam today... Interest rate then was beyong monetary values, people used to put their wives and daughters as a colatoral. Interest in Islam is not kosher because then there were loan sharks and used to rip off people and turn them into slaves ... so the Quran came to structure the financial institution at the time. It created what we call today the Stock Market. Insead of depositing your money you put it to work. Either you win or lose. That makes the broker as someone who is responsible where the money goes. So some people would invest in moderate stock while others used to get more aggressive and invest in foriegn trade that was quite lucrative but risky as ships and caravans could get mugged by pirates and take all your investment.

Pretty much Islam has set the foundation of the stock market as we know it today. All muslim countries today have banks just like the one in the US. Islamic banks only represent less than 3% in the amount of money saved in the Muslim world.

you obviously care about God and what He thinks. God is God and knows us and what we do. if we seek Him surely He will not fosake us. please ask Jesus into your life and be born again by the power of the Gospel (which is a real event in your real life) i know cause it has happened to me! God whoever He is will look kindly on us if we want to seek and follow Him and is so awsome He would not care if we seek in the wrong place, surely. Jesus is mentioned as a prophet in the quran so if you are wrong to seek Him as Gods son you would think God will forgive you for trying because a man advised you to as he did taht and it actually happened. i was not even someone who beleived in God before i prayed to Jesus. God will answer yoou!