BankingAssistance.com

Posts Tagged ‘commercial real estate’

Many people are of the opinion that the best place that could be for a retail business is in the greatest metropolis in the US, New York City. They are of the opinion that because of the fact that there are so many tourists, businessmen, and residents there that all come shopping, it is the best place to make real money.

However, it is important to note that there are a few tremendous downsides in renting business space in New York City.

One of the first and most important things that comes to mind is the price of rent in NYC. If one needs to rent a retail space, the price range will most likely be anywhere in between ten to twenty thousand dollars a month, depending on the size of the store.

A major cost that also needs to be factored into the equation is the cost of electricity. Most likely, the cost of electricity will be anywhere from two to five thousand dollars every month. Con Edison makes you think twice about renting retail space.

To sum it up, this means that before a single sale is even made, the first month already costs about twenty thousand dollars, if applicable, just to be in existence. These are the kind of scary figures that the average retail owner has to deal with, and he must ask himself, is this really worth it?

This is a question that needs to be answered individually by each business owner. However, we would like to suggest other options that might sound interesting.

The southeastern part of the US has plenty of tourists that come to visit every year, and there are also a large number of businessmen that come to Florida, South Carolina, and Georgia as well, and when combined together with the citizens that live there, the southeast can be a fantastic retail business location.

Besides for the heavy traffic that will fill up the store, the cost of rent is significantly less than that of New York City. In fact, it is very possible to find a decent retail store location in a tourist area for around five thousand dollars per month, depending on size, of course.

Electricity is also far cheaper in the southeast than in NYC. Even though products sold will probably be for less as well, the products will not be that much cheaper. It is important to weigh out the equation and to consider moving the retail business to the southeast.

Carlton Affeck is an experienced southeast retail space real estate agent. For more details about the amazing possibilities in Florida retail space view the Century Retail website online. Carlton is an SEO consultant working with SEO services company ClickResponse.

There is an large, increasing interest in Spanish revival architecture throughout California. Although it began to grow in popularity at the beginning of the 20th century, the mission revival style and colonial revival styles are still emulated by people when building their homes and public establishments in the present day. These are the same historic real estate for sale you may see today.

Why are people still using this Spanish style? Because the Spanish colonial style symbolizes the early beginnings of the United States on the west coast. This particular time in US history continues to intrigue people\’s imaginations. Although the artistic elements are emblems of times long gone, people still commission architects to create the home of their dreams in this Spanish style.

After the opening of the Panama Canal, the Spanish Colonial Revival style was created in the United States in the 20th century. Another great influence on the popularity of this architectural style is the novel Ramona. The early Spanish colonies of North and South America brought from their homeland their particular style of architecture. This style was modernized to accommodate the new century in the US.

Between 1915 and 1931, this style become all the rage. Movie stars in Hollywood would request to get their Hollywood hills homes constructed to replicate this style. This style was mainly instituted in single-level detached homes. Even my grandmother has one of these homes in California in the bold color of pink!

The Spanish Colonial Revival style is quite similar to the Spanish Mission Revival style, however each has their key differences. Influenced not only by the arts and crafts movement that was the foundation of these architectural styles, they are also similar to the pueblo techniques of the west and southwest. It is a highly noticeable, recognizable style with its use of smooth plaster, chimney finishes, stucco walls, clay tile roofs, terra cotta and concrete ornaments. Other elements include porches and balconies, Roman arcades and fountains, and canvas awnings.

George Washington Smith was the most significant Spanish Revival architect in California. He applied his techniques during the 1920\’s and 1930\’s. The Steedman House in Montecito, CA is possibly his most celebrated house and isnow a museum called the Casa del Herrero.

Other architects also transferred the Spanish style across the entire world. For instance, the lovely Spanish Revival building in St. Louis. Its architect T.P. Barnett, was the son of George I. Barnett who was another renowned architect in St. Louis.

The T.P. Barnett building is particularly interesting because it also has Art Deco influences, making it one of the most unique buildings in the Grand Center region of St. Louis. Certainly the next time you\’re in St. Louis, you need to visit this Spanish Revival building on Washington Avenue.

Art Deco and Spanish Mission Style Architecture is part of some of the classic buildings of Missouri. To download the original plans of the Thomas P Barnett Historic Building or go here to find out more about St Louis Commercial Real Estate For Sale

Washington Avenue is a great historic avenue in St. Louis, boasting of some terrific attractions and sights. At the turn of the 20th century, Washington Avenue was a wonderful canyon of rich brick buildings of unparalleled architectural beauty where shoes, clothing, and fashion manufacturers practiced their trade.

This was a booming time for these manufacturers, and their goods were in high demand as St. Louis and the nation were expanding and prospering at an unrivaled speed. The sidewalks of Washington Avenue were the picture of a booming metropolis where people strolled along in their stunning turn of the century hats and parasols and bustles, window shopping for the smart and innovative goods of the day.

Home to the famous garment district that always gains attention in every city. The printing industry also began to thrive at this time. On the whole, Washington Avenue was quickly becoming a hot spot in St. Louis.

Currently, Washington Avenue has transformed into a new phenomenon. It has been reinvented as a terrific neighborhood with residential lofts, galleries, nightclubs and various attractions that are appealing to a large demographic of youth and families. It\’s rapidly becoming a St. Louis hot spot with great architecture and business.

Just as a great boom happened on Washington Avenue at the turn of the 20th century, the second boom began at the turn of the 21st century. Plans were set in motion following the Washington Avenue Streetscape Project. Funding was provided in the form of $4 million from the U.S. Dept. of Housing and Urban Development, and $13 million from the Missouri Dept. of Transportation enhancement program.

The design plans created by the Washington Avenue Streetscape Project included improvements to the lighting, a plaza, trees, and wider sidewalks. These revitalizations included portions of Washington Avenue from Tucker to 18th Street. Thanks to these innovations, Washington Avenue has become a great place to shop and meet up with friends. Retailers and restaurants are taking in more income as people are more frequently visiting.

Upon seeing the great potential for income and expansion of their businesses, new businesses are seeking to buy retail space in this area of St. Louis. Lots of people enjoy the updated streets and the fun architecture that serves as a reminder of an older era in St. Louis history. For instance, there is the P.T. Barnett\’s Spanish mission style building on 3207 Washington Ave. This is a great example of locations in St. Louis where the old intertwines with the new and creates fresh ideas for business and expansion.

As you can tell, the time is now to live and work on Washington Avenue! Businesses, families and individuals are all noticing the great possibilities St. Louis has to offer. You should not leave opportunity to chance. If you are a small business owner or you are just looking for the next hot place to live in St. Louis, check out Washington Ave!

Art Deco and Spanish Mission Style Architecture is part of some of the classic buildings of Missouri. To download the original plans of the Thomas P Barnett Historic Building or go here to find out more about St Louis Commercial Real Estate For Sale

There exist many people who own homes that believe they can do nothing to stop a foreclosure from happening. There is a way to prevent a foreclosure from occurring, through easily available loan modification programs, since they are a tremendous help.

The purpose of a loan modification program is to help homeowners avoid foreclosure by changing the conditions of their loans so that they can regain control over their monthly dues.

There are several ways to facilitate a loan modification:

1. The interest rate of the loan can be lowered

2. Have an adjustable interest rate changed to a fixed rate

3. You can make the loan life longer through an extension.

4. The whole type of loan can be modified.

5. By decreasing the principal amount of loan

6. Get late fees waived

To begin the loan modification process, ask to arrange a meeting with the lender to discuss all your options. If you have a steady income and good credit score, qualifying for loan modification may be easier than you might think. Rather than starting with a whole new loan, the loan modification process changes the conditions of your existing loan. This is in contrast to refinancing, which means getting a new loan to support the one you already have.

If you are worried about losing your home and loan modification is on your mind, then you certainly need to look at some of the important steps involved in this process before applying:

1. The first thing you have to do, is make certain that all of the lender\’s policies are completely understood, so that the process is much more simple.

2. Secondly, prepare a hardship letter explaining your current inability to make your monthly payments on time. Do not forget to mention the reasons behind your loan modification plan.

3. Keep the documents such as bank statements and list of your monthly budget in hand at the time of meeting the lender, so that you can persuade him/her to take a decision in your favor.

If you really wish to prevent home foreclosure and want your family to stay in home, then you have to put in some efforts to understand the loan modification program that you had applied for.

Anthony Flores is a recognized authority in http://www.do-it-yourself-loan-modifications.com and how to do a loan modification