Investment-Money-Loan

CHAPTER TWELVE

Brokers
Link

Borrowers
To

Lenders

City Capital Realty 310-714-5616

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Brokers Link Borrowers to Lenders

The most frequently encountered participant in the real estate market is the broker or real
estate salesperson. This chapter is dealing with the ways in which real estate relates to
your personal finances. Therefore, it could be considered helpful for both, real estate
managers and the clients.

Four Types of Brokers

The first group, experts in purchasing and selling residential (houses and condos)
mainly consists of females, whose numbers are relatively higher than males. Usually they
are more successful in their careers than male brokers.
The second group, are commercial brokers who are more professional than the first
group. The male brokers are more active in this group and rank at the top.
The third group, are those brokers who are involved in dealing with industrial buildings
and warehouses. That is why they need to enjoy a high expertise in their job.
The fourth group, are business brokers who engage in dealing with factories, chain
stores, gas stations, car wash, Franchise restaurant, hotel, motel. It is a demanding job
that requires high expertise and a professional background.
This information gives you a broad perspective when you are deciding where to go.

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Letter of Interest

The most important factor when applying for a loan is that the borrower must qualified in
advance. There are many qualified borrowers competing for the same property, so it is
vital that you prepare accordingly. The following is a list of items that need to be verified
before a Letter of Interest can be issued.

Income- past two years of income tax is a good indication of how much you earned.

Down Payment- the source of the down payment needs to be verified.

Credit Worthiness- a good credit rating plays a vital role.

Ability to Pay Monthly Payment- is one of the important approval factors.

Reserve Liquidity- You must be able to show additional funds as a reserve requirement
after closing.

After carefully reviewing your
credit status and financial statements, if
you meet all of the above criteria, we can
offer you a of Letter of Interest. This
will help insure your future success when
applying for a loan.

For more details contact:
City Capital Realty

Shawn Rabban

(310) 714-5616
[email protected]
citycapitalrealty.com

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Securing the Link

The most effective way to link borrower to lenders is through personal contact. These
interaction will give a better perspective when deciding where to direct business. In
order to facilitate this, in-office seminars will be held, covering all aspect of the
Commercial, and SBA loan procedure. These seminars will be available throughout Los
Angeles and San Fernando area, and will last approximately 3 hours. The content of this
seminar will be as follows:

1- Commercial real estate underwriting guidelines.
2- Commercial real estate loan
3- Business loan
4- SBA loan
5- PhaseI, II, III
6- Things to consider before making real estate loan
7- Take appropriate steps before making final decisions
8- How to prepare a real estate contract
9- How you can improve your credit score
10- What steps should you take in order to prevent problem

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This book summarizes 20 years of my personal business experiences, articles, and
media programs which are presented to investors and businessmen. Before making any
decisions in the field of real estate, read this book thoroughly. Get familiar with the
formulas, approaches, methods, and financial advise for purchasing business
opportunities, residential homes and commercial properties as well as the related laws
and regulations in the state of California.

We are honored to inform you, that those investors and property managers, who
have worked with us, are very successful within their fields of business. By using the
techniques that we have set forth in this publication, purchasing or selling businesses and
real estate properties will become much easier.

THERE IS A LOAN FOR EVERYONE! So you will be able to get one. But,
you will not have enough time to refer to each and every bank to apply for a loan. As
mentioned before, timing is everything. And as they say here in America, “the times
they are a changing.” If you decide to apply for a loan, make sure you do it at the first
possible opportunity, before anything changes your current financial conditions.

If you would like the latest information regarding business, residential and

commercial loans, you can contact Shawn Rabban / City Capital Realty

(310) 714-5616 [email protected]. www.citycapitalrealty.com

DRE. 00667328 / NMLS 298861/729817 www.westsidesbaloan.com

www.westsidelainsurance.com www.westsidelanotary.com

California Department of Real Estate, Real Estate Broker.

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