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Leaseback: Get a New Building While Keeping Capital in Your Business

Wolgast Corporation

Also, the terms are negotiated in the contract and the lessee has flexibility to negotiate many of the terms mentioned above with the developer. No large cash investment is necessary, so leaseback saves capital and keeps debt off the balance sheet of the lessee.

Leases 62
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Rough weekend for Modern Continental

PSMJ Resources

Attorney's office in Boston brought criminal charges on Friday against Modern Continental Corp., Attorney's office in Boston brought criminal charges on Friday against Modern Continental Corp., According to Saturday's Boston Globe , prosecutors said they brought the charges after plea negotiations wtih the company broke down.

Boston 40
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Tax Reform Impact on Employers and Employees

Revit OpEd

First, the provision makes several revisions to the definition of covered employee: The definition under the Tax Bill includes both the principal executive officer and the principal financial officer; The definition applies to individuals who hold one of those positions at any time during the taxable year; and.

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How Do Construction Loans Work?

Work Gearz

The builder, lender, and borrower then negotiate the amount and frequency of these payments or draws. A strong network of loan officers and online application available. You can also ask your loan lender or officer for proper guidance and support. Wells Fargo. Lock-in interest for 24 months. 10.95% APR. Check website.

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Turbocharging Motown’s Recovery

Buisness Facilities Contributed Content

Some heavy business hitters also are placing huge wagers on Detroit’s recovery, most prominently Quicken Loans founder Dan Gilbert, a native son of Michigan, who has bought up a huge swath of the city’s downtown and has bold plans for a renaissance of office, residential and retail development.

Detroit 49
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Legal Documents Required for Purchase of Property

CivilJungle

Recorder’s Office Documents. Negotiate: Counteroffer and Then Hire an Appraiser. Next you’ll need to show any outstanding loans you have, including car payments, student loans, additional mortgages or credit card debt. Property Deeds. Deed of Trust. Mortgage Note. Satisfaction of Mortgage Letter. Land Title Transfer.

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Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

Can you walk into your accountant’s office and get answers quickly about your current cash flow, where your money is going, and projections for this month and next month? “If If the market did roll over, he might have to lay people off, but would not be stuck with land debt. namely, are you running a good business? Is it profitable?