A number of things happen during the close of escrow, here is a little guide for the first time (or more likely “rusty” borrower). 1) During a purchase, The Purchase Agreement may provide the buyer with an opportunity to walk the property (Final Verification of Condition) where a last inspection of the buildings (sometimes for [...]

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Despite recent poor press and economic reporting, Fannie Mae continues to be the active leader in providing multifamily financing throughout the United States. They also currently offer the most attractive interest rates and terms for apartment financing. While, Fannie Mae does not originate loans directly to borrowers or investors, they do work with a nationwide [...]

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Through out the centuries land and property has been the acclaimed vehicle used to gain and more importantly maintain wealth. The upper class have always sought to marry into families that had connection with banks or owned vast amount of property. Hence banks and property have been interlinked. The recent recession demonstrated the strong links [...]

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