SDB Club Benchmark Real Estate

Indian Minister of Human Resource Development (HRD), Kapil Sibal speaks as Chairman and Chief Exxecutive Officer (CEO) Accenture USA, William D Green (R) looks on the World Economic Forum’s 25th India Economic Summit-2009 in New Delhi. (AFP) The Indian economic party is back on. Twelve months ago, delegates to India’s annual economic jamboree in New [...]

Benchmark Bank in west suburban Aurora is the latest small Chicago-area lender to face a regulatory order requiring it to raise capital and clean up its ailing loan portfolio. The $202-million-asset bank, which is more than a century old, appears to need at least $12 million in fresh capital to meet higher-than-normal guidelines established in [...]

Shopping for Bad Credit Mortgage Loan Shopping for a bad credit mortgage loan is indeed a challenging experience. For a simple mistake can cost you dearly. But remember no matter how difficult and inconvenient it is to shop for best deals, the result of it overcomes it. Remember such decisions have a long lasting impact [...]

Private mortgage insurance, also called PMI, is required when a home buyer makes a deposit of less than 20% of the home purchase price. It protects the lender, not you, if you default on the loan. Private mortgage insurance usually runs 0.5% of the total loan value. On a $300,000 loan, that’s $15,000 over the [...]

Clearly there are benefits for both the buyer and the seller when a flexible seller is willing to provide owner financing to you as the buyer of their property. Let us take a look at a few examples : Example #1 The property seller may prefer to have the steady predictable income a seller-financed note [...]