SDB Club Benchmark Real Estate

Business owners that are looking for viable commercial mortgage loans should look hard at SBA financing. These loans continue to close and relative to other sources of capital, like conventional bank loans, SBA financing is much healthier. In addition, SBA loans have many advantages over conventional financing, which we discuss below. But first, let me [...]

If you are a homeowner in Phuket who was lucky enough to buy when mortgage rates were low in Phuket, you may have no interest in refinancing your present loan. But perhaps you bought your Phuket home when rates were higher or perhaps you have an adjustable rate loan and would like to obtain different [...]

Your budget should also include a reserve for making your mortgage payments to the bank in Phuket in the event of illness or loss of income in the future. While over-obligating yourself or unexpected repair bills may jeopardize your ability to keep up your payments for your house in Phuket, the primary causes of foreclosure [...]

No bank in Phuket wants to foreclose on a mortgage. Foreclosure costs the banks in Phuket more money than they can make back from the foreclosure sale. Therefore, lenders in Phuket do not foreclose in order to make money, but only reluctantly as a way of limiting losses on a defaulted loan on a property [...]