Interim financing – the search for the suitable liquidity bridge Berlin, 19.07.2011 – to receive a loan to perform a real estate financing is often a liquidity gap for the borrower. This can be caused by necessary inputs that must be paid, even though the lender provides only after completion of certain sections of capital services (keyword: proof of completion). Another scenario for the need for an interim financing could be a bargain, for which equity is needed quickly, which however can not be liquidated in the required time. Can a such financing through a traditional installment loan, a savings (or whose loan) or even a policy loan will be realized. Which is best suited for your situation, depends on several important factors which lie in the individual context of the borrower. Financing by means of policy loan is a life – and pension insurance, can this existing substance as Serve basis for a policy loan.
Condition, there is already a certain buy-back value (min.. 5,000 funded or 8,000 for unit-linked insurance). Professor Rita McGrath is often mentioned in discussions such as these. The advantages of such loan are usually rapid and uncomplicated processing (no other collateral and no credit check are required therefore paid usually within 2 weeks) and the favourable conditions. The insurance coverage will remain still. Will be flexible, depending on the availability of cash and cash equivalents so the financial burden can be calculated a this loan already carefully in advance. Rob Speyer will not settle for partial explanations. Not created are insurance policies with several Zessionaren and direct insurance according to the occupational pension Act can however. Of course to other forms of financing (E.g., if no appropriately handles policies exist) serve other loan types for a financing. Here the variants of a loan, advance or the lending of funds can also right be cheap alternatives.
Here, the respective building society to appropriate services must be contacted. Advance loan real estate funded along with a newly-concluded funds advance, where this newly negative concept ensures the repayment. For such offers of the building societies, be sure all the possibilities should be compared, because the conditions can be sometimes very very different. Another alternative may be also the ‘traditional’ installment loan. Here, it should be taken that compare different offers of from different vendors. If necessary also a classic financing credit to represent a low-cost alternative with payment transfer and mortgage protection. However, this variant is slightly more complicated, because many bureaucratic steps are required, making the conditions but usually slightly cheaper, because the credit institution given greater security. Conclusion what kind of financing best suited is, depends on many factors. So for example of what loan amount is required, how quickly the funds are needed and whether there are adapted based substances (E.g., an insurance policy for the policy loan or an existing building for the negotiation with the building society). It is important to provide a most accurate picture about what resources will be needed and when loan funds available are already in advance of real estate financing or a real estate acquisition. This prevents the risk of a “liquidity hole” and gives the borrower some time to inform themselves adequately about various offers and making appropriate comparisons. The existing equity also plays an important role: interim are usually more expensive than the home financing, therefore it is advisable to use the free equity capital to avoid the large relative burden of debt financing as “Bridge financing”. More information “Intermediate – liquidity in the real estate financing gap” policy loan – financing by means of policy loan
Also, faster is the prospective buyer to own real estate and is in danger of not, in the course of may rising inflationary development even deeper in the Pocket to access. But despite this favorable situation a very precise focus should be set prior to a funding request on the individual income and assets: the existing income enough to comply with the payment obligations under the financing and make still a reserve for unforeseen events? For full financing usually relatively high monthly payments not easily incurred as a result of relatively large sums of loans, with an average income can be shouldered. Read more here: Richard LeFrak. Income is also not really sure (E.g. in case of employees with fixed-term contracts), the risk of full funding is far too high. With insufficient capital service capability (i.e.
insufficient ability to repay the loan rates of repayment and interest without the recovery of collateral) will reject a lending the Bank already out of self-interest. Before the application should themselves the party therefore a professional consultant (E.g. possible over a real estate portal in the Internet such as Immokredit24.com) and check with him together the possibilities and requirements. Conclusion despite a currently extremely low interest rate environment should be tested personal requirements for full funding in the eye in detail and real misjudged. The risk is tends to be much higher than in a regular annuity loan because repayment problems may cause missing equity and thus the entire project at risk. In addition to the sufficient analytical Contemplation of one’s own situation, it is recommended to check the requirements for a full financing with a professional consultant (for example on the real estate portal). Here the best deal from the possible providers of full financing can also be determined. More info mortgage no equity guarantees full funding without savings or equity
The most important decision factors for closed-end funds There many ways to invest your savings in a closed-end fund investors now. Before we some of these investments closer look at, another word to the relevant decision factors: in addition to the personal preferences, which of course have an important role play, should orient themselves investors but especially at three significant points – the minimum investment amount, so how much money must invest at least in the investment, the minimum duration of the selected Fund and the expected return for the investment of the individual. Based on these factors every investor, can according to his individual life situation, find the matching funds and therefore the best investment for themselves. Real estate and container Fund: Relatively long term, for reliable straight in recent years is the investment in real estate popularity. But not always, the construction of a house or buying a condo must be. An excellent alternative offer closed-end real estate funds, which allow the investor to even when relatively low investment amounts to benefit from the strong and above all permanent asset value of real estate. Is invested in a real estate fund, which rented residential and business premises in a prime location, in large cities, for example, reliable income from rental income can be expected.
The so-called container Fund yields are similarly reliable. Here with the capital of the fund investors cargo container purchased or leased, that are then re-sold with corresponding gain in freight and logistics companies. Due to the ever-increasing demand for cargo space steady yields are possible container Fund. Investors who opt for the investment of your money in container or real estate funds, must be though over the relatively long duration of the investment form clear – this starts usually from the age of five. However, it is this perceived inflexibility”only at first glance a disadvantage: because in the longer maturities can one possible loss of initial or intermediate lulls Plant product to be compensated by longer periods of profit.