the-proceeds

Plum Creek Repays 463M Debt

by on June 1, 2011

Short-sale plan from Obama administration holds promise, especially for homeowners

December 12, 2009

short sale involves a lender or investor agreeing to collect less than the balance owed on a mortgage debt out of the proceeds of a negotiated sale of the property. Often a short sale is the last alternative to foreclosure available to distressed

Read the full article →

Obama administration aims to make short sales easier

December 12, 2009

short sale involves a lender or investor agreeing to collect less than the balance owed on a mortgage debt out of the proceeds of a negotiated sale of the property. Often a short sale is the last alternative to foreclosure available to distressed

Read the full article →

1788 Vieux Cognac Sells For $36k In Paris

December 8, 2009

PARIS — A bottle of 1788 Vieux Cognac has sold at a Paris auction of wine and spirits for euro25,000 ($36,935). The cognac, which pre-dates the French Revolution by a year, was part of a sale of 18,000 bottles from Paris’ Tour d’Argent. The restaurant has one of the best wine cellars in the world. The restaurant donated the sum earned from the 1788 cognac to a French charity called Association Petits Princes, which grants the wishes of ailing children. It will keep most of the proceeds, which may later help pay for renovations. The total sales figure is to be announced later Tuesday, after the two-day sale by the Piasa auction house ends.

Read the full article →

Beijing Capital Land to Expand with Bond Financing

November 30, 2009

Capital Land Ltd. (SEHK: 2868) will earmark 20% of the proceeds from CNY 1 billion corporate bonds for debt repayment, and the remaining for business expansion, said Wu Huailiang, vice president of the Chinese real estate developer. After the China

Read the full article →

Bridge loans to your new house | Ecommerce Journal

November 4, 2009

That’s where bridge loans come in. Also known as swing loans , gap financing, or interim financing, they can help you bridge the gap between the sales price of your new dream house and new mortgage or the proceeds from the sale of your currently owned property. A bridge loan can be also granted to businesses. For example, you can take it to buy commercial property (like a store or a restaurant), ….. First Data created ATM network in Turkey with TEB-BNP Paribas …

Read the full article →