Borrowing capacity. The ability to pay has to reflect what is the amount of money you depending on your income and expenses, you can spend on a mortgage. Years ago it was estimated that this amount should not go beyond 30% of net revenue, however, this theory ever fades but, due to increased home values, and therefore the need to borrow higher, sometimes even 50 – 60% of debt.

However, analysis of each client, taking into account several determinants, such as:
• Monthly net income
• Fixed expenses, such as food, electricity, water, phone, clothes.
• Cost of other borrowings, such as that of a car, or to furnish housing, etc..
• Number of dependents. It is not the same feed a person, a family with two children.
With all these data, it is the bottom line (revenue – expenses), and gives a value which is what you can spend on housing.

Other matters of interest. The financial institution not only examines the operation from the economic point of view, but sometimes, it takes into consideration other aspects. For example, a customer of the bank / fund “life”, where his parents, his family, has a relationship and bond of many years, always a “help” to the financial institution “open hand” and grant a loan, even if the customer fails to comply with all requirements.
Paragraph negative, for example, are situations in which a client for years, and for reasons passengers, unable to pay off a loan early, and was inscribed on the list of defaulters. Perhaps the situation is more than overcome, but for the bank involves a disadvantage ( “to fly behind the ear”).

There are many other factors, personal character, which could have also been treated. In your case, consider whether there is any condition that the bank / cash may find it attractive, or being negative, and values as it can affect the operation, as the bank will take this into account.

If you are a new seller of home, Real Estate agent is available to help. You can contact their agents to answer your questions in so they can provide the information you need to sell your home at a great price in the shortest time possible. The following considerations are a good start to put the sale process underway:

1. If others have been, why not you? Millions of homes are sold each year, equivalent to thousands of homes every day. What do you expect to be part of this list of successful salespeople?
2. Define your goals. Which do you prefer: to establish the highest sale price possible, or receive a large sum of money at closing? Though similar sounding, are not the same thing. Imagine that two homes sell for $ 300,000, but in one, the seller agrees to pay 2 points and replace the damaged roof. Without doubt, the owner who sold the house without making those commitments you increase the amount of money at closing. Ultimately, a successful sale will have to balance the price and terms of sale. That’s why we should have a good ally on your side to negotiate effectively.
3. Times change – and the plans to sell too! The real estate market is totally different than 10 years ago. Buyers now use Internet technology to make their search and gather information, receive documents and formats of disclosure by the seller, make property inspections and often hire a broker of the buyer (buyer broker, in English) to represent them. This means that today, buyers are more prepared than ever, and the seller can not be left behind.
4. Fix to the last detail. When you visit a good supermarket, how often is old and damaged fruits or damaged products dusty shelf? A good businessman knows how to present their products in the best possible way. As a seller, you must do the same with his house. Make the necessary improvements and clean every corner of your home, even before announcing it.
5. Make sure everything works. Buyers expect everything is in perfect order. Home inspections are becoming increasingly common, and if there is a fault that you have escaped him, surely home inspector will identify. Repair and paint what is damaged and will prevent future problems.
6. Lights, camera, action! If you’re ready to show your home to buyers, make sure your home is the center of attention during the visit. No doubt you are proud of the household who has decided to sell and now is the time to prove it. Create an environment that attracts the interest of buyers and allow them to imagine pleasant moments in any room in the house. Order as being deranged and hide any details that might distract the imagination of the buyer. In short, display a beautiful home, the only thing left in the mind of the buyer is the desire to schedule a move.
7. Get market. The real estate market requires a thorough knowledge of local conditions. Your broker can explain current market trends in the community where she lives, including the type of houses that are in greatest demand, they are not selling well and why this occurs. This information is key to getting the best price and terms of sale.
8. Know competition. Your home will be competing with others in real state online market. Ask your agent in the market how to highlight and exploit the competitive advantages of your property to be distinguished from the others.
9. Be realistic. Markets vary according to location and time. When interest rates are low and there is good employment situation, is an excellent time to sell houses. That does not mean that houses can not be sold in times of economic hardship or where interest rates are high. The key is to be realistic and get the best possible according to current market conditions.
10. Develop a sales plan. Selling properties is much more than putting an ad in the garden or in the newspaper’s advertising section. A successful real estate agent will use a variety of methods to attract potential buyers, including Internet and modern communication tools.

The Commercial Real Estate: The Second U.S. Home Crisis?
The Federal Reserve and the Treasury Department United States struggle to prevent the commercial real estate dealt a devastating blow to the economy of that country at the moment trying to get off the canvas. Their efforts, however, could be hampered by a rise in foreclosures of commercial properties with mortgages that were packaged and sold by Wall Street as debt instruments. Now the recession is testing commercial mortgage-backed securities in the order of U.S. $700,000 million.

The commercial real estate sector experienced two kinds of pain that, according to credit rating agency Realpoint LLC, its delinquency rate rose to 3.14% in July, six times the level in July last year. A problem arises simply from the lack of stricter standards. In the era of easy money, Wall Street to lend money to homeowners with the implicit belief that occupancy rates and rents of office buildings, hotels, businesses and other commercial properties continue to rise. The result is that an increasing number of properties are not generating sufficient cash to pay principal or interest on loans.

The second problem that plagues the industry comes from the inability of owners to refinance commercial real estate securities backed by mortgages. It is estimated that by the end of 2012 loans expire about U.S. $ 153,000 million. Deutsche Bank analysts estimate that about U.S. $ 100.00 million will be difficult to refinance. Although these properties have sufficient cash flow to pay interest and principal, their values have fallen so much that owners may not extend or replace existing mortgages with new debt. That means there will be losses not only for owners, but for investors who bought these mortgage-backed securities business, including hedge funds, pension funds and other institutional investors. That would exacerbate the recession that crosses U.S.

A typical commercial mortgage backed securities mortgage contains a diverse group of properties, often less than 100, with loans ranging from $ 2 million to over U.S. $ 100 million. A company, usually a large bank like Wachovia and Wells Fargo charge of collecting monthly payments from borrowers and give them the money from institutional investors who buy securities. A significant increase in commercial property foreclosures could further depress values most active since the market would come at clearance prices. This would exert pressure for banks to make write-offs of these loans. What is happening in the market for commercial mortgage-backed securities is a prelude to what may happen in the books of banks.