Redding Real Estate

USDA 80% BUSINESS LOANS FIXED RATE 30 YEAR, $25,000,000 LIMITS

The United States Department of Agriculture USDA Business and Industry Loan Guarantee Program represents a unique source of funding for those seeking Commercial Loans.

MARKET: Buyer’s and business owners of commercial real estate

LTV: 80-90 percent based upon either startup or existing business status

TERM: Variable and Fixed rates, 7 to 30 year depending on collateral and use of funds. New accelerated approval process (October 1, 2009) 10 day approval process possible

LOCATIONS: Communities with populations under 50,000 and their contiguous urbanized boundaries.

COLLATERAL: Projects eligible for B&I financing include business acquisitions, commercial real estate purchases, startup costs and working capital, machinery and equipment purchases and some refinances. Commercial/Residential mixed use properties are now eligible.

More information on on the USDA Business and Industry Loan Guarantee Program is available HERE.

This is not a commitment to loan. This information is provided by your Realtor. Any commitment to loan will be based upon borrow’s loan application, property eligibility/collateral, Lender’s approval and USDA’s guarantee.

Redding Air Show 2009 Blue Angels Cottonwood Homes For Sale

Redding Air Show 2009 including the Blue Angels this weekend Sept 26-27, Cottonwood Homes For Sale

This is the first time the Blue Angels have been to Redding since 2000. They are in their usual exhilarating form. There is shade under the larger Air Force transport, but it would be wise to bring a folding chair and shade of some sort. With temperatures hovering around 110 today plenty of fluids are the order of the day. Cottonwood Homes For Sale

Redding, California — Prime for a Housing Recovery

We came across this great article in Forbes magazine, showing the huge potential and encouraging signs in the housing market. Redding ranked #8 nationally in the list.     Check out the Article Here…

E-mail us, so we can help you take advantage of this ripe market. Enjoy the good news!   =)