• Embed Doc
  • Readcast
  • Collections
  • CommentGo Back
Download
 
ABOUT THE AUTHOR
PLEASE VISIT MY SITE
Fatima graduated with a Bachelor's degree in Economics from ColumbiaUniversity and received a Masters in Economics from Singapore NationalUniversity. Fatima comes from a political background, her father Mir MurtazaBhutto - an elected member of Pakistan's parliament - was assassinated bystate police in 1996. His sister, Benazir Bhutto, was Prime Minister at thetime of his killing. Fatima is the author of two books, understanding thefinancial system published when she was 15 years old and basics of debtmanagement. Both were published by Oxford University Press.Fatima currently writes a weekly column for Pakistan's largest Urdudaily newspaper, Daily Jang, and its English sister paper, The NewsInternational. Recently She has completed her MBA in Finance from HarvardUniversity in 2006. Her diary from Tehran is the second the papersprinted; Fatima also wrote a weekly diary from Lebanon .
 
What Makes a Property Good for aCommercial Mortgage?FATIMA BHUTTO The idea of purchasing a commercialproperty is that it is well suited to theneeds of your business. This can and isdefined by several factors and they will allbe considered when you apply for yourmortgage. The commercial lender willlook at your business and what it doesand how it will relate to the commercialproperty in question.If your company makes widgets, thelender will want to know how long youhave been making widgets. They will alsowant to know what your growth rate hasbeen over the time you have beenmaking widgets. They will look at theproperty to consider whether it will meet
 
your needs for making widgets during thelifetime of the loan. The lender will want to see that you willhave room to grow and that you will growto fill the space. They will also look at thelocation of the property to see how that isgoing to work with your widgetmanufacturing needs. Do you have goodaccess to roads that can handle thevolume of traffic that will be generated?Will there be adequate parking availablefor staff and customers? Does thelocation provide room for expansion if your growth rate is more then expectedor will you be moving in a couple of years? What tax incentives are availableon that property and how long will theybe available for that property? Are the taxincentives a one-time offer or are they
of 00

Leave a Comment

You must be to leave a comment.
Submit
Characters: ...
You must be to leave a comment.
Submit
Characters: ...