How much would it cost to buy a small biulding for a restraunt?
i want to qwn my own restraunt... how much is a small building?Answers: I know here in Northern VA it is relatively expensive, for my dated company we would sell 1,500 sqft for in the region of $300K. Good luck, maybe you should try leasing first?
where on earth and how small?
as for 'buying' a building to open resturant BAD opinion.
only buy if u enjoy been contained by biz same location 6 or more yrs.
I want to renegotiate my mortgage near Citi Mortgage. Where do I start?
I have a mortgage beside citi. I want to try to renegotiate the terms within order to bring down the payments. I don't know who I would name to start this process. Does anyone have any philosophy? Has anyone sucessfuly done this?Answers: you can always start by asking to speak to their resolutions or loss mitigation department and inquire roughly speaking a modification.
Call Customer Service and ask to speak with someone who have authority to renegotiate mortgage terms.
Good luck, I dream up you are going to need it.
Dana (attorney)
If you own a government insured loan this can be competent by calling the government agency that it is insured by. If not calling customer service is the place to start. Still I wonder if it might simply be within your best interest to completely refinance your loan and in that defence you could give Citibank the first shot at it, but it might be surrounded by your best interest to see what a local mortgage broker could offer instead. Good Luck!
Short Sale or Bankcruptcy?
I owe more on my house than my house is worth, but I have to move out of state for livelihood reasons. I can't carry my mortgage paid contained by full with renting it out and will nick a 750.00 loss each month if i am renting it out. It will be tricky on us be we are going to try and stay afloat. Could we see if we should short sale and ask to fetch the remainder of the portion we owe on a regular loan or something. We want to pay hindmost the remainder or what is left on the loan after we put on the market it. Can we do something like that? We are not looking to thieve the easy road out, but we are in a discouraging situation. Our credit is good but our debt to income have been dramatically effect by our ARM. Any suggestions?Answers: You can see what the lender will do for you. I would find out who to contact and write a letter detailing your situation. Have you scheduled the home for sale?
Dana (attorney)
Don't forget going on for that extra you have be paying each month surrounded by the form of "private mortgage insurance" which covers up to 20% of the loan.
Ultimately it is your primary lender's call to allow you to short deal in the property. Still you also need to be aware that the feed cut 3/4 of a point today so there may be refinancing option to you too. Bankruptcy should be your absolute finishing resort.