By frances allan September 19, 2009
This is a great place to call home when you are in anchorage. A great value compared to the other hotels in town. They have weekly rentals, for about what you would pay for one night elsewhere. Quiet, clean and safe. Very helpful staff. Would recommend again and again. Kitchen on site, as well as laundry. ...read more
By Northern Star Design February 12, 2009
Thank you for taking the time to accept my invite. I looked at your website - very well done intro! If you need extended and focused on Alaskan customers Internet marketing and email campaign we can help! Check our services at http://www.northernstardesign.com/marketing.html Wishing you lots of customers! All the best Gergana McGahan www.northernstardesign.com ...read more
By All Family Realty December 13, 2008
As your new partner we would like you to know we are a Real Estate Brokerage serving Oklahoma City, Norman, Moore, Edmond, Blanchard, Midwest City, Choctaw, Harrah, Yukon, Newcastle, Bethany, Del City, as well as many other cities in central Oklahoma. Our realtors are real. One call does it all. Dan Goble http://www.allfamilyrealty.com http://www.allfamilyrealty.com/realtor-moore-oklahoma.html http://www.allfamilyrealty.com/realtor-edmond-oklahoma.html http://www.allfamilyrealty.com/realtor-norman-oklahoma.html ...read more
Construction/Project Financing-ANYWHERE $10 Million and Up Office Building/Arena/High Rise Resorts/HotelsMust ProvideALLof the following items to be eligible for consideration:1) One-two page executive summary of project/purchase 2) One page Acquisition sheet (provided)3) Color copy of photo passport of each participant4) Signed non-disclosure forms (provided) *See Protocol (Procedure) below Subdivisions Golf Courses Program Highlights* All participants must pass Homeland Security check* 15 Year Fixed Interest Rate* 5.5% Interest Rate* Appropriate downpayment amount(if any)into escrow account – 100% protected to funding* No payments for 1st two years or until build complete* No liens against property/project after funding (no 2nds etc…)* ALL FEES must be disclosed* Qualifying NOT determined by credit* Up to $10 Million on first draw and up to 30% on each following draw* Can be fully funded in 120 days* Construction or existing properties* Not allowed to refinance with any other lender* Escrow amount increases above $100 Million* No limit on location - financing world-wideWe will NOT discuss project(s) until eligibility requirements are satisfied. ***NO EXCEPTIONS***Contact:Robert Skulka Mansions Malls/Strip Malls *Program and guidelines may be altered at investor discretion at any time* Submission Protocol Step 1:Submit toRobert Skulka One-Two page executive summary of project – if acceptable you will receive a Non Disclosure Non Compete (NCND) document for completion. This is between Consultant and Owner Finance. Upon return you will receive a second set of NCND documents for the client to complete. (You will only receive the OFI–NCND once as it covers all submissions). Step 2:Submit to Robert Skulka from Client: 1) Proof of clear downpayment funds (if any) available for escrow 2) Letter from Bank Authority confirming access to unencumbered funds – if downpayment is required3) Color copy of photo passport of each participant4) One page acquisition sheet (provided with NCND)5) Signed non-disclosure forms (provided) Project types: Any as long as it's a construction project. No straight purchases or refinances. Minimum $10 million, nothing below. Client must be "ready to go" on project construction and have "skin in the game". (invested own funds into project) Type of Financing: "Equity Financing" and Debt Financing" considered on all submissions. Investor will discuss with client after introduction. Not available for projects in Florida, New York, Connecticut, Massachusetts, Rhode Island. Important: Do not submit incomplete packages. After submitting the Executive Summary and receiving request for entire package submit all items together as we do not stage items. Partial submissions are deleted. * Do not submit projects that do not have permits in place and are not ready to start immediately. * Upon receipt of all required documents and investor preapproval - direct contact between investor and client will be established. * Fees are determined on a case by case basis. After executive summary submission Owner Finance will discuss with Consultant appropriate fee to charge client. Upon investor preapproval of transaction Owner Finance will provide a Fee Protection Agreement for Client execution to the Consultant. Fee is paid from closing proceeds to Robert Skulka and disbursement is then made to Client. (Typical fees can range from 1 to 4 points depending upon size of transaction) Product Registration: Clients must register with Robert Skulka to use this product. The one-time charge to register is $499.00 Support is provided via phone only. The earnings potential with this product is enormous. We are limiting the number of registrations for this product. Registration will be closed immediately upon reaching volume limitations. We will not review any submissions from anyone before completing the registration process. To register send fee through PayPal or send Bank Check/Money Order to our mailing address. ...read more
By Alaskan Success Inc January 12, 2010
Register for $4999.00 - Price Range - $500,000 to $20,000,000 (purchase only – no refi's) Residential and Commercial – can't be in remote location - no vacant land. NOO Props OK Interest Rate – between 7% and 9% (determined when application is approved) Downpayment – (called cash consideration) Funds – no sourcing or seasoning required Residential – 15% to 20% (owner occupied) Non- Owner Residential – 20% Commercial – 20% NO income check, NO employment check, NO asset check, No credit check This is aNON- RESPAtransaction PROGRAM OVERVIEW This program is designed for purchasers that can't qualify for conventional loans associated with the purchase of real estate – residential or commercial – within the 50 states. No matter the reason – poor credit, non documentable income, self employed, cash income or need of a discrete acquisition – if the purchaser has the required downpayment amount and can attest they can afford the property they are approved. The structure of the transaction is as follows. Buyer applies using correct protocol. Transaction is reviewed buy a sourced investor. File is approved. The property is purchased with "all cash". The property is placed into a trust and the buyer receives first option on the trust via the trust agreement. The term of the trust is 7 years and the applicant can cash out of the trust any time prior to then with no prepayment penalty. After 7 years the trust must be settled or can be re-initiated with positive payment history. Property can be sold at any time – completely non-qualifying assumable to the new buyer. Since the property is being purchased all cash this alleviates the applicant from having to qualify via traditional methods. The property being placed into a trust eliminates risk to the investor that any liens/judgments against the applicant will not affect title. Program Details There are two closing that take place. First closing - the sourced investor purchases the property with all cash and title transfers to the investor. Second closing - the property is immediately transferred into a land trust specific to the state the property is located. (If there are multiple properties being purchased each one is placed into a separate trust). By placing the property into a trust, the property is protected from any type of lien(s) against the applicant. This is important, as the sourced investor needs to be protected from any potential creditors associated with the applicant. This benefit also protects the buyer in the same manor. The applicant receives first option on the trust via the trust agreement. In simple terms, neither the investor nor the applicant actually owns the property. The trust owns the property and the applicant has first option to purchase the property from the trust. The only way an applicant may lose the property is by defaulting on the monthly trust payments, much in the same way a mortgage loan default would work. The trust is managed by a duly assigned fiduciary. This is typically the attorney retained by our underwriter to conduct this portion of the transaction. The monthly payments are amortized much in the same way a mortgage loan is amortized. When the trust is cashed out by the applicant, all payments made are credited to the trust balance in the same way payments are credited to the principle balance of mortgage loan. This type of transaction is not a mortgage loan, but is structured and works in a similar way. It has advantages and disadvantages when compared to a mortgage loan. Mortgage loans offer tax deductions and are generally less expensive but the applicant must qualify for the loan. The trust transaction does not require qualifying credit or proof of income and employment. The overall transaction closing timeframe is determined by the investor that is sourced for the transaction. This is a non-RESPA transaction. Transaction Costs Applicants must be agreeable to a higher cost in connection with acquiring their property. Some costs exist even within the framework of a mortgage loan. Yet others are specific to this program. Cost FactorAmount Analysis Fee $4,995* Appraisal Fee $500 to 6K (estimate and paid at the door to appraiser) Cash Consideration 15% Residential O/O - 20% Commercial& N/O/O Residential** Net Investor Fee 15% Closing Costs 3% to 5% Estimate *Refundable if applicant is not approved. **Refundable if transaction does not close for any reason. The analysis fee is charged to locate and place the transaction with a private investor. It serves no other purpose. It is paid directly to the program processor at the same time the application is submitted. It is refundable only in the event that the application is not approved or if the transaction cannot be completed on account of the sourced investor. The appraisal fee is contingent on the willingness of the seller to carry this expense. If payable it is paid directly to the appraiser. The sourced investor may or may not accept existing dated appraisal. Properties zoned commercial typically require an MAI appraisal. In any case, it is the sourced investor that has the final word on appraisal issues. The cash consideration represents the amount of money that the applicant must provide to complete the transaction. These funds must be in the form of cash. Equity in any property may NOT substitute for cash consideration. Lastly, funds located in title escrow must first be released in order to be applied as cash consideration. The net investor fee is what the investor charges to perform on a non-qualifying transaction. It is a small price to pay for an enormous individual commitment on the part of the sourced investor. The investor fee is not paid out-of-pocket. It is added to the transaction similar to rolling it into a loan which is simply added to the top of any actual loan amount. In this case it's added to the top of the sourced investor's investment amount. To determine the net investor fee multiply the investor's investment amount by 15%. Closing costs incurred by the sourced investor in connection with purchasing the property is passed on to the applicant. It is not possible to itemize the exact costs in advance, though they will be detailed prior to completion of the transaction.Applicants that need this information prior to applying should not apply.Closing costs are typically in the 3% to 5% range of the sale price. Closing costs can't be rolled in.Sellers can contribute the closing cost. Applicants should apply for program approval only if they are agreeable to the potential fees involved, only some of which are known prior to the submission of an application. Approval Requirements It is sometimes difficult to adjust to the idea that an applicant will be approved regardless of credit score or income and job status verification. This however, is definitely the case, as our programs are not loans and money is not being borrowed. We do not evaluate the applicant beyond personal character references. Instead, the property and appraisal value are the central focus. As long as minimal requirements are met, the application will, usually be approved by an investor: Required cash consideration available Normal property structure not remotely located 3 character references Stated income indicating that the applicant can afford reasonable monthly trust payments Correct analysis fee submitted with application For each application resulting in approval, an approval letter will be provided. Approvals expire one (1) year from the date they are issued. If a property on a pending application is withdrawn for any reason, a new property may be substituted as a replacement during the approval period of one year. In this case a new analysis fee is not required. Investment properties are compatible with this program. Consideration Requirements The property cash consideration requirement is not treated like a fee. The amount is generally set at 15% to 20% for owner occupied residential and 20% for commercial property and residential non owner occupied and is calculated on the purchase price. It is credited to the transaction in a similar way that a downpayment is credited on a real estate purchase. To determine the actual cash consideration amount multiply the sale price by the appropriate cash consideration requirement. Examples with a 1 million dollar sale to end buyer: If it's a residential owner occupied transaction the cash consideration is 15%to 20% of the $1,000,000. If it's a commercial property or a non-owner occupied residential transaction the cash consideration would be 20% of the $1,000,000. The final exact amount of cash consideration required is determined by the investor who approves the transaction. The property cash consideration is submitted to the facilitating corporation after an approval is issued. The total out-of-pocket expense is limited to the analysis fee, cash consideration and closing costs. Properties needing advanced funds for construction require double the cash consideration. This means that in the event that the sourced investor would normally require 15% consideration the revised requirement would be boosted to 30%. On a Commercial property it would go from 20% to 40%. Cash consideration has only one of two possible final destinations. In the event of a successful closing the funds are released to the sourced investor. If a closing does not take place on account of the investor or due to a cancellation on the applicant side, the funds are returned to the original submitter. Application Processing The following steps (in order below) take place in connection with the processing of a transaction: Application and analysis fee is sent Applicant references are verified Investor is sourced Formal approval is issued Approval letter is provided Cash consideration is submitted to facilitating corporation File is submitted to investor for funding The investor completes pre-funding due diligence – at expense of investor The investor executes the property purchase agreement immediately prior to scheduling a closing date First closing is schedule and property is purchased Second closing follows 24-48 hours later between the investor and the applicant. While the sourced investor in fact purchases the property and the property is titled to the investor, the actual property is placed in the trust with the applicant receiving the first option. Analysis Fee Refund Policy In the event that an applicant is not approved, the associated analysis fee is refundable, proving the applicant signs a general cancellation form release. Equally, if the sourced investor is unwilling or unable to complete the transaction, the analysis fee is also refundable. The analysis fee is non-refundable in the event that the applicant is approved and the sourced investor is willing to complete the transaction. This refund policy may not be superseded by a third party or verbal representations of any kind by any party. In the event that a discretionary exception to this refund policy is granted, a 25% cancellation charge may apply. Summary When carefully examined, the program is seamless and easy to convey. The processing of an application is far less complex due to significantly reduced red tape than financing via a mortgage loan. Closing time frame is very similar to any FHA loan which is generally in the 45 to 60 day range after approval and receipt of cash consideration. The program is not exclusively suitable for individuals with poor credit. Interestingly, many of the applicant's received are of excellent credit standing, but prefer a discreet acquisition process with a minimal paper trail. Terms, conditions and program availability are subject to change without notice. This program is designed for those that can't qualify for any other type financing. It is not a product designed to compete with banks or traditional mortgage companies. Owner Finance and its parent company Transamerican East Funding, is a registered affiliate of the stated jumbo product facilitating corporation based in Atlanta, Georgia that brings this non-loan program to the market. The facilitating corporation was founded on September 1, 1988 and has been providing innovative multifaceted products and services with impeccable record since its birth. Information pertaining to the facilitating corporation is provided upon receiving formal approval of your transaction. ...read more
By Alaskan Success Inc January 12, 2010
10/100 Product (YOU MUST REGISTER TO USE THE PRODUCT – INFO BELOW) Product Parameters $2M to $500MM Partnerships – income producing property $2M to $500MM Partnerships – construction projects All projects values are calculated in US Dollars (Funding group has a strong appetite for income producing properties). Commercial only – (not for residential home purchase) USA, Caribbean, Canada, Europe, South Africa, Australia, Japan and areas that are not considered high risk due to government instability or terrorist related issues. Downpayment consideration is a 10% returnable cash deposit. The 10% cash is held for 2 years in a blocked account at Bank of America or CITI and then returned. If returned sooner – 10% of downpayment amount penalty applies. There is a minimum 1 year hold for the 10% amount. The 10% is calculated against the total purchase price of existing improvement or total funds required for construction project. 3 years in business (less than 3 years will be reflected in JV split) (must have financials for file – not verified) 100% Funding Joint Venture Split - 60% Principle / 40% JV Partner Submission Requirements for consideration/approval– Executive Summary with principle resume and Performa – must have successful track record. Proof of 10% Cash Consideration – must be liquid (not POF) Previous 3 years business financials (for file only – not verified) Appraisal All type projects considered - response within 3 to 4 business days. How It Works? Sample: You have a contract on a 50MM dollar income producing property, developed, or needs to be developed. You have a resume and a successful track record in this field, and you can prove that you have 10% cash consideration liquid, our funding group wants to be your partner! With the JV Program, you pay no interest payments, ever! You wave these payments by taking on one partner at 40% giving you the majority share at 60%. You pay nothing until the project starts making money. The Process: Step 1: Submit detailed Executive Summary with resume and proof of 10% liquid funds, we will review and get back to you within 3 to 4 business days. Step 2: Principle signs NCND. Principle submits application/introduction fee. We then arrange a conference call between the JV facilitator and principals. Step 3: An agreement outlining the terms discussed on conference call are sent to you, if all clear, you sign and send back to us. In this agreement, we guarantee funds (commitment). At this time the application/introduction fee becomes non-refundable. Step 4: You set up a blocked account with either BOA or CITI for 10% of the requested amount to be funded. Funds are then verified. Full commitment is issued. Partnership contract needs to be done by legal. This is all done within the first 10 days. Step 5: Facilitator collects $15,000.00 fee and JV attorney's $15,000.00 charge for all legal work. The legal work charge is credited back at closing. Important: Application/Introduction fee is refunded if no firm commitment is issued. Additional fee are not collected until a firm commitment is in place. Upon closing application/introduction fee is returned to principle and facilitation fee is credited back to principle. References will be provided. References include, project, state, loan amount, contact information, etc.....NO BULL HERE! As you can see, everything is disclosed, no hidden surprises. Partnership Benefits: In most cases, you will find that when a project is being developed, there are several partner/investors in place. All taking a piece of the pie, the principal who put everything together is only getting a small piece. Using our scenario, the principal gets 60%, we get 40% and we put up 100% of the money. No monthly payments are made until the project starts profiting. Principals make more money, making no interest payments during construction phase. Projects typically close in less than 45 days. (Exception: No funding from 11/15 to 1/15 of each calendar year) Remember, there is no loan, this is your partner. You're closing on the partnership agreement with a group that has all the capital you need. Fees $5,000 Application/Introduction fee (completely refundable if not approved) $30,000 Facilitation and Attorney Fees Point charge- 10 (can be rolled in) CONSULTANT PRODUCT REGISTRATION INFORMATION Client Registration – $500 – send MO/Bank Check. NCND will be provided when first client is submitted. There will only be a limited number of consultant registrations allowed. Register quickly as this is a very HOT product. You must beabsolutely direct to principle. No broker chains. If lead is referred to you and you want to compensate that person upon closing you must do that out of your fee. That person will not be part of the process and must step aside NO EXCEPTIONS. After client has submitted info for preapproval we will work direct to the client from that point forward till close. You will step aside. Upon receiving application and application/introduction fee from client you will receive $1000 when the principle is issued an engagement letter (firm commitment). When the transaction closes the $1000 will be deducted from your total referral fee as the entire fee is returned to the client. The $1000 upfront is to provide you with cash flow. Referral fee is on a sliding scale and our fee is protected by our investment group. No outside fee agreement is allowed with the principle nor do we need a consulting fee agreement. Commission to you – 1$10M block is at .45%, 2$10M block is at .40%, 3$10M block is at .35%, 4$10M block is at .30% 5$10M block and up is at .20% Example – on a $50M submission your commission would be calculated at $10M for each level based upon the percentage for that block of funds. The total commission to you on a $50M closing would be $170,000.00 minus the $1,000 application/introduction return. Minimum size deal is $2M ...read more
By Alaskan Success Inc January 12, 2010
Real estate agents can only base success on the number of sales closed in a year. There is no award or money given for effort. Effort must produce results. Prospecting for new clients, especially new homes to list, is a must. The number of real estate listings an agent has is closely tied to his/her i... ...read more
In older neighborhoods you can easily find newer homes. For a lot of people this makes a great option; it allows you the charm and ambiance that a lot of newer neighborhoods lack with the innovation and solid construction of a new house. ...read more
