Predatory Lender
Real Estate,

6 Red Flags That Tells You You’ve Found A Predatory Lender

We all dream of owning a house, but not everyone is financially capable of buying their own house. Thankfully, mortgage loan programs nowadays make home-purchase a lot more affordable. You can now buy your dream home – provided you qualify for a home loan.

The thing is, not all lenders are the same. While they have different rates, terms and conditions, some are what we can call Predatory Lenders. Such lenders mislead potential homebuyers into signing into an agreement with unfair, deceptive and abusive mortgage terms.

Whether you’re applying for FHA Loans, VA Mortgages or Conventional Loans Grand Prairie, it pays to learn how to spot a reputable mortgage lender from a predatory lender. Keep your eyes open for the following red flags that tell you your mortgage lender is part of predatory lending.

They Encourage Splurging On Your House.

During pre-approval, you’ll find out how much you can afford. However, some lenders will encourage you to borrow more than your means, saying you can afford a bigger loan. Beware of such lenders who will pressure you to borrow an amount that is way beyond your comfort zone.

Your Lender Didn’t Provide A Good Faith Estimate.

When you apply for a home loan, your lender is to provide you with a Good Faith Estimate. This document will explain all the fees that come with the mortgage. If your lender didn’t give you any, you wouldn’t get to understand all the costs you’re responsible for paying.

Good Read: The Basics of a Good Faith, or Loan, Estimate

They Rush You In Signing Paperwork.

A mortgage deal is a legal process which involves legal documents that you and your lender need to sign. If your lender convinces you that there is no need to review the mortgage documents since you already talked about the terms, this can mean they are planning to trick you. You have the right to review the terms and conditions at your convenience. A good mortgage lender won’t take that right away from you and will welcome your legal representative for inspection.

They Switched Up the Loan Terms At Closing.

Some lenders will entice you with low-interest fees, long mortgage terms, and small monthly mortgages. However, when closing comes, and you’re about to sign the agreement, you’ll find out after reading the document that they changed some of the terms or even posted rates higher than the promised rate.

They Encourage Lying On Your Mortgage Application.

While most lenders are strict when it comes to verifying your financial documents, a predatory mortgage lender will tell you that homebuyers lie on their application. This is against the law – not to mention can cause you financial burden in the long run if you did apply and get approved for a loan you can’t truly afford.

They Have Prepayment Penalties.

Some lenders will impose a penalty fee if you do wish to repay them off early. This is what we call Prepayment Penalty. This can last for several years and can even make you pay thousands of dollars to pay off the loan early. You will end up having to pay an unnecessary fee even if you intend to finish your payments earlier than the term agreed.

Commercial Flooring
Real Estate,

A Guide to Different Types of Commercial Flooring

Commercial flooring covers a wide range of applications, and each has its own unique requirements. For an office, a soft and durable carpet is required, yet a wet warehouse would demand a wet and dry non-slip surface, and here are a few of the commercial kinds of flooring companies search for today.

  • Office Flooring – Most would opt for carpet tiles, a high quality, high-density nylon fibre that will stand the test of time. The top commercial flooring suppliers in Halifax specialise in office carpet, and they would offer you an unbeatable price to carpet your office.
  • Schools –Vinyl or laminate is often used in school corridors, with carpet in the administration section, and a very special surface on sporting arenas, with many schools using contract carpet suppliers, as this is the most cost-effective way to have quality floor coverings.
  • Warehouses and Factories – This would be heavy duty acrylic and non-slip in any environment. Extremely hardwearing, often having aggregate within the material to prolong the life, acrylic flooring is built to stand the test of time, and seamless solutions are the order of the day.
  • Government Buildings – Carpet roll is the usual choice for government buildings, with high durability and a contract price, this heavy duty flooring is an ideal choice. Administration buildings often use vinyl or laminate, which is a little cheaper.
  • Retail Premises – Carpet tiles are the norm, and with a wide range of attractive colours, the shop’s colours and logo can be incorporated into the design.

If you need commercial flooring, talk to a local Southwest Ranches Real Estate expert who can make a few suggestions.

First Self-Storage Facility
Real Estate,

Looking to Build Your First Self-Storage Facility?

The self-storage business seems pretty straightforward at first glance but is actually much more complicated than it looks. There are a lot of things to keep in mind; therefore, good planning and dedication are required if you want to succeed. A lot of small choices you make today will have a huge impact on the future. However, if you approach the self-storage business with the right attitude, it can lead to financial security. Here are a few things to keep in mind if you decide to enter this industry.

Build or buy?

This is the first question you need to answer when entering the self-storage business: should you build a new storage facility or buy an existing one? Unfortunately, there is no easy answer. It all depends on your location and the opportunities on the market. Therefore, the first thing that you need to do is perform market research. Spend as much time as possible learning about the storage industry, find the market segment that you want to enter, study the competition and find the right partners, and make a list of all the storage tools you will need to run the business. Don’t leave anything to chance. Plan out the next few years and have a clear goal of where you want to get and what it takes to get there. Once you have gathered all the information and analyzed it correctly, you will be able to find the most profitable solution for you and decide whether to buy an existing facility or build your own.


The biggest factor that determines the value of a property is its location, the same is true for the self-storage business. Therefore site location is the most important factor that will impact your success. You need to find a location that is visible, has good access and is connected to the major roads. It should be located in an area that has a good combination of demographics, with steady household income and population growth.

Once you find a location that fits your needs, start detailed research of the competition in the area. Find out if there are any other companies that offer the same service as you and how many of their facilities are occupied. If occupancy is low, then there is probably not enough space for further development. Also, beware of areas that seem too good to be true, they often aren’t. Competitors are usually very good at noticing areas with potential. Check with local authorities to find out if there are any hidden obstacles that might get in your way. One such restriction could be zoning. If you decide you want to build in a particular area, make sure you can get the required permits before you do any kind of investments.

The layout

After you have found the right location, you need to think about your layout. If you are building your own storage, then it’s recommended to focus on a single-story as your first project as it’s easier and less costly to build. If you decide to buy existing storage, you will need to perform a detailed analysis of the rentable square footage. Compare the total are to the surface that can be rented out. Having just a big facility won’t be of much use if a lot of the space is wasted on hallways. When it comes to the interior design, quality shelving is the most important factor to consider. Keep in mind the clients that you want to attract and pick the solutions that will be most attractive to them. The exterior is also important. Choose a though fence and minimize the number of entry points. The best option would be to have a single all-purpose gate. Proper security is obligatory, even if you are in an area with low crime rates. Your clients need to feel safe and you can gain a big advantage over the competitors if you position yourself as the most reliable option on the market.

Self-storage isn’t a get-rich-quick scheme, but it can provide financial security over a longer period of time if you plan your steps accordingly. There is a ton of research to be done before entering this market. Don’t take any shortcuts and make sure you have all the details planned out.

professional pest control
Real Estate,

3 Typical Pests That Most British Households Have To Deal With On a Regular Basis.

We try to make our homes as comfortable as possible for ourselves and our families and that extends to the outside of the house as well. We love being in our gardens and creating an area of great beauty where we can just sit down and relax. Taking care of the garden and the outside surroundings of the home is hard work and it is expensive both in the time we use to do it and the money spent on it. It makes sense, then, that once you do all the hard work, you don’t want someone or something doing anything to spoil that.

Pests however, just don’t care about what you want and if they decide that they want to set up home in your garden or on the outside of your home, then they will. If this happens, then the time has come to engage the services of professional pest control in Harrogate. They provide many services to address your pest problems.

  1. A perfectly maintained lawn is a real sight to behold, but when little hills of soil appear on the top, then you have moles and moles will ruin your whole lawn in a few days. Your pest control guy can rid you of these rodents.
  2. Bees love to set up home in thick bushes with lots of foliage and once they have decided to build a hive, it is hard to get them to move on. Pest control knows exactly what to do and does it with safety in mind.
  3. Mice and rats are a real nuisance and they can chew through almost anything. Your garden shed can become inundated with them as it is warm and dry and is the perfect place to set up home.

For all your pest control woes, call out your local professional and let them deal with moving these critters on.

Real Estate,

How self-storage can help your business

Storage units have several uses that include storing collections, office and home furniture and typically everything that is not needed for that time your premises. Due to different business dynamics such as downsizing or relocation to smaller premises, part of the items may need to be moved into a self-storage unit. Businesses use storage units Louisville in a number of ways that are quite beneficial to them. They have been instrumental in stocking goods and raw materials over and above their use for furniture storage and other office equipment. Self-storage units have therefore offered a more cost-effective solution than hiring bigger offices.

In order to make good use of a self-storage unit and benefit from it, one must seek to understand whether they need it. Get your office and entire business organized and try to see if you are in need of any extra space for storage. This is indeed a big decision because especially because there will be a lot of movement and finances involved in doing so. Therefore, your business can really benefit from it once you have identified the amount of storage space you need. There are different storage units’ sizes to choose from based on the number of items and equipment that need extra storage.

Things to Put in Self-Storage

Your business can find a lot of help in a self-storage unit. Here are ways in which businesses have benefitted, something that could be of importance to you as well:

  • Acts as Storage for Online Stores

Businesses operating as online stores can make use of self-storage units to stock their goods. It is advisable to opt for this solution because of the extra features that come with it especially on climate control. It helps you not clutter your living premises and get a safe haven for your business goods. Again, there is enough security focused on your goods.

  • Storage Space for Restaurants

There usually, are a lot of seasonal changes and development in restaurants forcing owners to keep items and décor from past seasons in the same location. This clutters the restaurant space making it stressful to manage operations. However, a self-storage unit can help in catering for that problem.

  • For Use as an Extra Office

This is especially prime for service providers who operate from home. Having an alternative office would be a brilliant idea and a self-storage unit offers a perfect solution for that. When you can’t work when everyone is at home, you can move to this unit and work from it. Here, you will find the calmness you need to concentrate and become more productive than when working from a home office.

  • Storage for Business Tools and Equipment

Self-storage units have been very helpful to freelancers who now don’t have to congest their homes with tools and equipment. If you are doing a freelance business where you use a number of tools, consider having them kept in a self-storage unit. It will help you manage your storage and avoid cluttering your home with your work tools. This is more especially if you live with other people in the same house.

  • Keeping Vital Documents

If your business doesn’t have enough space for office documents, they can be stored in an offsite self-storage unit. This is especially for documents that need to be stored in their original form for many years. These include receipts, invoices and tax returns that should be kept for several years. The alternative of going for a bigger office can be an expensive one for your business and that is why a self-storage unit can manage the situation for you.

  • Self-Storage Units as Studios

When a video producer doesn’t have a budget for getting a huge studio, they mostly settle for homes. However, this is never an appropriate solution due to excess distractions. In that case, such kind of a business can benefit from the use of a self-storage unit to carry out these operations.

There are a lot of uses of a self-storage unit and many businesses are reaping a lot of benefits from them. Anytime there is needed for extra storage or working space, a self-storage unit serves as one of the best solutions to go for. This is how your business can benefit from self-storage units.

Real Estate,


Mumbai is considered one of the most expensive cities in the world when it comes to real estate. Even though its property comes at a premium, the city offers lucrative returns, and enjoys both domestic and foreign investment in the sector. With ever-growing employment opportunities, it is also a popular choice for job seekers from India and overseas. Thanks to the government’s affordable housing push, Mumbai is now witnessing an increase in smaller and more pocket-friendly construction to cater to the common man, while its premium projects too continue to expand. So, no matter what you’re looking for, you’re sure to find it in this city.

Take a look at these top real estate projects in Mumbai with all their related amenities to make your property investment decision more informed.

  • Kalpataru Paramount

Kalapataru Paramount is situated in Yashashvi Nagar in Thane and is spread across 5 acres. Located at a popular destination in the heart of the city, this project brings you close to an array of exclusive social and civic amenities. Apart from the advantage of the location, you can also enjoy the serene hues of the sunset from your home, courtesy of the three-sided open plan that every apartment in this project flaunts.

When residing in this township, you can enjoy a range of high-class amenities that include a swimming pool, a games room, a play area, a kickboxing area, a pool room, an indoor games area and an efficient security system. Moreover, you can easily reach the destination of your choice anywhere in Mumbai from Kalapataru Paramount within a few hours owing to its superb connectivity and conveyance network. Every tower in the project has 33 floors, each of which contains lavish 2BHK residential apartments.

  • Palava City

If you want your home at a peaceful location where you can completely escape the hustle and bustle of urban life, Palava City is the place for you. Spread across more than 4,500 acres of land in Dombivli East, this ‘city within a city’ is home to more than 29,000 families. Apart from its strategic location and modern amenities, Palava City also houses top schools like Lodha World School, Pawar Public School, and Shri Ram Universal School.

In order to provide you with exceptional security, the project is armed with 500 surveillance cameras. These cameras capture real-time data and a security team monitors them round the clock to keep you and your loved ones safe. In case you are not happy with any service or offering you can simply call the 311 grievance helpline number. Apart from this, you can access the Palava City mobile application to know everything about the project, its amenities, and upcoming services. Common amenities such as a clubhouse, a gymnasium, a library, a theatre, and dedicated courts for outdoor sports are all available within the premise of the Palava City, which ensures that you do not have to leave the society to fulfil any of your lifestyle requirements.

  • Aadi Allure

Aadi Allure is located amidst green spaces along the Kanjur Bay in Mumbai. Situated close to the Kanjurmarg railway station, it offers excellent road and rail connectivity. You can reach the Mumbai airport from here by car within just 15-20 minutes. Apart from great connectivity, the project also fulfils your ask for nature. The entire apartment complex is lined with mangroves and hosts a large park within the premise to offers greenery at your doorstep.

Along with natural serenity, your home at Aadi Allure contains full-length glass windows, modular switches, and hot pressed laminated doors along with solid wood frames. These modern architectural touches are complimented with an array of external amenities that include a clubhouse with steam room facilities, a fitness centre, a gym, and an indoor games room, so you can keep yourself and your family fit and entertained. Choose from any of the 1BHK or 2BHK apartments here and enjoy a built-up area of 775 to 1120 sq.ft.

  • The Luxor

Developed by Sangam Lifespaces LTD, The Luxor in Goregaon West offers modern living with a premium design and all the comforts you could hope for. Here you can choose from a range of homes including 2.5BHK, 3.5BHK, 4BHK, and 6BHK as per your requirement. The built-up area varies from 957 to 3381 sq. ft. and offers Italian marble flooring, video door phones, elegant bath fittings, a car wash and a swimming pool apart from water harvesting facilities and a cricket pitch, apart from a range of other recreation facilities.

Sporting a luxe interior and exterior design, The Luxor offers 24-hour security surveillance and privacy, thanks to the clever layout of each flat. These apartments also have a multi-level car park, an imposing lobby, balconies that allow you to step into greenery, modular kitchens, home automation facilities and more so you can live the finest lifestyle.

Invest in these and other prime properties in Mumbai with ease by taking a home loan from Bajaj Housing Finance Limited. Here you can get funding up to Rs.3.5 crore and enjoy benefits such as high-value top-up loans, property search assistance, easy balance transfer facility, minimal documentation, and a useful property dossier. To get started, check your pre-approved offerto avail a customised loan and become a property owner in Mumbai with ease.

Real Estate,

Tips That Helps You Grow Your Real Estate Business

Are you new to real estate business? Or are you planning to expand your business? No matter what your plan is, you need to follow a few essential rules laws. Growing your business from zero to hundred is a long journey and this journey will have obstacles. But if you follow a few simple tips, you can take your real estate business soaring high.

Here are the tips for you to follow.

Maintain Communication

With the right conversation, you can build your network. Communication works like magic in this field. There are different types of transactions that need proper communication. You can be a reputed real estate seller or an investor if you know how to carry out dealings through communication. The first thing to do is make a list of all the potential buyers or investors for your property and then make calls to start a conversation. This will help both the parties to know each other and build trust from both ends.

Consult With Professionals

Every time you plan to work with a real estate deal you have to worry about a lot of steps and policies. But when you have a skilled team to take care of your real estate dealing you don’t need to worry about any risk; you can rest assured. To learn more about real estate transactions get in touch with reputed professionals or can directly visit this site today. From giving you insight on global real estate market to current buyer’s demand, an expert team can always be your guide.

Expand Network

Nowadays, social media is a great platform to expand your network and get potential contacts. And along with that, you can talk to those people who have people who have experience in property buying and selling. You can also make your own Youtube channel showcasing your properties so that people get to know about you and your business.

Confidence Matters

You may have less knowledge, but your confidence will win the race. Knowledge and experience are not everything. Without confidence, you cannot start the real estate business. Even many experienced people fail to see success in this sector due to lack of confidence. Whether you are new to the real estate world, make sure that your confidence is your real power.

Advisor’s Guide

You may be experienced and knowledgeable, but you may not have the database of potential leads and strategies to turn leads into buyers. This is a real estate advisor’s area. So you can take their professional help to see fewer problems accumulating your way. With the support of an advisor, you can speed things up. From responding to a buyer to get all the work done in time, real estate advisors are always ready for you.

Be a smart real estate business owner or a buyer. You need to understand all these above-mentioned tips and keep following them. It is never too late to find the right method to expand your business. Just make sure you prepare yourself mentally to set up your identity in real estate business. To get to know more on this sector, why not consult with a real estate consultant or advisor? Let your business shine!

property listings in Malta
Real Estate,

When it comes to property listings in Malta, come to us!

“Who is us?” you are probably asking yourself. “US” is RE.MAX Malta, and we are the industry leader in terms of list of real estate Malta. If you are a prospective buyer, seller, or renter you will find the information useful. This is in reference to both the information which our blogs and our search engine contain. You can use our search engine to find the perfect list of real estate in Malta which will help you find the apartment or home of your dreams.

Our search engine is featured on the homepage of our website and it is very comprehensive in terms of the search parameters it features. For example, it has the following fields: buy/rent, Malta, where do you want to be (MLS ID) – you can disregard this field because it only applies to real estate agents, apartment (or residential unit type), minimum bedrooms, and the minimum and maximum list price you either want to look for, or can afford. If you type in the criteria you want and need into the fields, you will have, literally, hundreds of pages of residential units matching the criteria you want returned to you. This is because Malta is an emerging superstar in the European Union with its lower cost of living, and abundance of high-paying jobs. These factors motivate many Maltese to stay put, and it motivates foreigners to move to Malta, attracted either by the great jobs, high living standards, and great quality of life. Many Maltese and foreigners are motivated to either purchase or rent secondary or tertiary residential units, or sell these properties – their love of Malta’s rich culture, cultural attractions, and historic relics are the main factors that fuel this motivation.

The Maltese government is actively encouraging people from all over the world to live and work in this amazing Mediterranean country. The campaigns are working and a lot of rich and influential people who can put Malta on the map are flocking to this nation. They want to live in and rent only the best properties in Malta because they are used to the lavish lifestyles they lived, and the posh living spaces they stayed in in their home countries. They are busy and do not have the time to do copious searching of properties on the Internet. This is why the search engine on REMAX Malta exists – as a convenience to them.

Additionally, a featured properties section can be found on the homepage under the search engine section. The featured properties lists the best properties which can be bought or rented at the best prices in Malta. Many prospective renters and home buyers love this feature because it takes a lot of the guesswork out of deciding the unit they want to rent or buy, and they can do this on their lunch breaks.

Since many more people are moving to Malta than in the past, they want accurate and relevant information that is of high quality from real estate websites. RE/MAX Malta does not disappoint them because its listing information for various properties is constantly and immediately updated from the MLS listings. In addition, the information is detailed. This gives them the tools to make their own decision in terms of buying or renting!

First Time Home Buyer
Buy & Sell,

First Time Home Buyer Services Available in Chicago Illinois

There are a number of first-time home buyer special financing and grant opportunities available in the United States and in particular Chicago, Illinois where the city has special incentives available for new home buyers. Don’t be misled by the term. The tendency to think of a first time homeowner is to think of someone who has never owned a home previously. This is incorrect. According to the Department of Housing and Urban Development new home owners also include anyone who hasn’t owned a home in 3 years or more, a single parent who may have previously owned a home with their spouse, anyone who may have owed a property without a permanent foundation, such as a mobile home or trailer, or a divorced spouse who does not receive alimony or support even though they may have previously owned a home together. These definitions open the door to millions of Americans to take advantage of government home buying programs.

Advantages exist for financing for first time home owners through a number of federal subsidy programs. For example, the typical mortgage loan asks for a 10-20% down payment. For a $200,000 property purchase this amounts to $20,000-$40,000 down payment to obtain a loan. FHA government backed loans offer a guaranteed 3.5% down payment if you have a 580 FICO credit score or higher and 10% if your credit score is as low as 500. Private Mortgage Insurance (PMI) will be required to protect the lender in case of default. Imagine only putting $7,000 down on a $200,000 home.

Besides the lower initial up front payments, FHA approved loans often offer lower interest rates that a person with a high credit score would receive on a conventional loan, saving thousands of dollars over the term of the loan. Another benefit is that FHA loans allow the seller to pay up to 6% of the selling price towards escrow costs. Conventional loans only allow up to 3%. It is no wonder that 1.2 million Americans used FHA guaranteed loans for home purchases last year.

The City of Chicago offers a program for First Time Home Buyer Services Chicago Il for qualified buyers who must attend an 8 hour home buyer education class. The program offers up to 7% of the loan amount to eligible participants. The actual amount is based on the buyers income. Buyers must use eligible lenders to participate in one of two lending programs, either federal government backed FHA, VA or USDA borrowers with annual incomes less than $88,435 and FICO scores of at least 580. or Freddie Mae/Fannie Mac borrowers with credit scores of at least 640 and annual income no greater than $131,775. All eligible borrowers must contribute $1,000 or 1% of the purchase price, whichever is less, to the property purchase.

As you can see the opportunities to buy a new home exist at great savings when you utilize programs offered through government and private programs. Take advantage of services available to you. Ask your Realtor for assistance. They want to put you into your own home.

Buying a Home
Buy & Sell,

Benefits of Buying a Home in Austin

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Purchasing a house is no easy feat; it requires patience, money, and plenty of careful planning. In 2017, the city of Austin made it on Forbes “Cities of the Future” list, which is why nearly 1 million people call it home. If you’re looking for any hill country homes austin tx has plenty of realtors who can help you find your dream house. Here are some of the advantages of living in Austin, Texas.

Low Cost of Living

A lower cost of living is one of the benefits of living in Austin. The city’s cost of living is below the national average, not to mention has a higher employment ratio. Austin was named the fifth most affordable city in the United States and was ranked by Yahoo as one of the best cities for higher pay and lower expenses. Buying a house in Austin will usually cost you anywhere between $70k and $100k, which all depends on the area you choose to live in. Suburbs such as Thorndale, Liberty Hill, and Hutto have plenty of affordable housing, where an average home will usually run you slightly over $75k, which is significantly cheaper than living in Smithville or Taylor, where the median home value is well above $100k. If you’re a young professional who just graduated college, Austin is the perfect place for purchasing real estate and unlike the rest of America; its real estate market retained its value after the housing bubble crashed.

The Greenest City in the United States

According to Shape Magazine, Austin is one of the fittest cities in America and the greenest city in Texas. The city is dedicated to becoming cleaner and more energy efficient, which is why Austin made the countries, “cleantech city” top ten list. The city has long embraced cleaner forms of energy including, wind power, geothermal heat, and solar energy, while they continue to work with local businesses and residents in utilizing more green energy and creating a more sustainable planet.

Hot Weather

If you’re a person who dreads the winter and wishes it would stay summer all year round, then Austin is the perfect place for you. During the summer, temperatures can reach 105 degrees, which is nearly 80 percent humidity. Living in Austin can actually help you stay fit, from kayaking, paddle boating, biking, and hiking; there is an endless amount of outdoor activities to enjoy.

Delicious Food

Austin is home to a plethora of different restaurants, diners, food trucks, and cafes. The city is considered one of the most food-friendly places in Texas, which has more than 1,400 mobile food vendors, including Way South Philly, Easy Side King, Torchy’s Tacos, and La Barbecue. The city also features a variety of different delicious craft breweries, which includes 512 Brewing Company, Lazarus Brewery, and Jester King Brewery.

Festivals, Festivals, and more Festivals

When it comes to festivals, no one does it better than Austin. The city is known for its music festivals and bustling nightlife, for which they were awarded the title “Best NightLife Scene in the United States” by USNews. The city hosts a variety of different festivals including Formula 1, Austin Film Festival, Austin City Limits, and of course South by Southwest.