房地产英语 金融房地产交易.docxVIP

Financing?is?the?key?to?most?real?estate?transactions?,?so?if?you?are?buying?real?estate?for?your?personal?use?,?consumer?credit?considerations?are?of?paramount?importance?.?Unlike?the?standard?stock?leveraging?scheme?,?where?the?debt?is?capped?at?50?percent?of?the?principal?value?of?the?transaction?,?the?standard?debt-to-asset?ratio?in?real?estate?or?what?the?banks?call?the?loan-to-value?ratio?,?is?80?percent?,with?a?20?percent?down?payment?.?In?such?an?instance?,?the?lender?looks?as?much?to?the?credit?of?the?borrower?as?to?the?value?of?the?property?,?to?be?sure?of?repayment?.?Hence?,?your?record?of?payment?of?other?debts?,?or?lack?thereof?,?will?be?a?critical?factor?in?whether?or?not?you?get?credit?for?a?home?purchase?.?Other?factors?that?come?into?play?are?your?overall?financial?picture?.?If?you?have?large?amounts?of?other?assets?such?as?stocks?,?that?will?help?.?Retirement?assets?such?as?individual?retirement?accounts?(IRAs)?cannot?be?used?to?secure?loans?,?but?even?they?may?indirectly?count?in?a?borrower’s?favor?as?evidence?of?astuteness?. 　　If?you?are?buying?property?for?rental?as?a?business?,?then?more?businesslike?considerations?apply?.?The?bank?will?still?want?to?evaluate?loan-to-value?and?income-to-debt?service?ratios?,?but?may?give?lesser?weight?to?your?personal?financial?situation?.?Your?past?business?experience?,?either?in?real?estate?or?in?other?areas?,?will?be?taken?into?account?,?as?will?your?business?credit?record?.?In?unusual?cases?,?the?lender?may?require?you?to?sign?for?loans?personally?,?in?which?case?your?personal?financial?situation?will?matter?.?There?are?several?types?of?lenders?.?The?most?common?one?is?a?financial?institution?such?as?a?bank?or?a?savings?and?loan?.?A?second?is?government?agencies?such?as?Veteran’s?Administration?or?the?Federal?Housing?Authority?.?The?third?source?of?financing?is?owner?financing?. 　　对于大多数房地产交易来说，关键在于资金问题的解决。一旦你决定买房，重中之重便是考虑消费品信用贷款。与标准存量中要求债务上限为交易本金的50%的平衡计划不同，在房市中，标准负债与资产比率（银行称之为贷款与价值比率）可达80%，只需20%的预付定金。在这种情况