hard money lending
Selling a Home FAST!
The average time for a home to be actively listed on today’s market is 71 days, which is 28 days less than a year ago. What can you do as a seller to help prepare your home for a quick Read MoreCategories: Hard Money Loans
Housing Recovery Turnaround
The latest real estate news is good for both the U.S. and worldwide economies. After years of being in a slump, the latest reports show that real estate prices are increasing and inventory is decreasing. A boost in the real Read MoreCategories: Hard Money Loans
Federal Housing Office Closures
For people that are seeking in-person assistance from federal housing authorities, June was a discouraging month. The U.S. Department of Housing and Urban Development (HUD) is planning to close 16 field offices. These offices just happen to be located in Read MoreCategories: Hard Money Loans
New Housing Bubble Woes?
As home sales prices continued to increase in May, some experts are expressing concern over this startling surge. In fact, the National Association of Realtors® has said if home building doesn’t increase by 50-percent, we may have yet another housing Read MoreCategories: Hard Money Loans
Mortgage Rates Increase
The trending tide towards decreasing mortgage rates has turned, with May seeing an increase. Mortgage rates were at an all time low in November 2012, which made homebuyers scurry to take advantage of low 3.31-percent rates. With the 30-year-rate being Read MoreCategories: Hard Money Loans
Real Estate News: Sellers in the Drivers’ Seats
When the real estate market plummeted in 2006, sellers found themselves doused with anxiety and financial worries. Within months, the market went from being a seller’s market to one that was dominated by buyers – with buyers calling nearly 100-percent Read MoreCategories: Hard Money Loans
Five Trade Tips: Closing Hard Money Loans Fast
Hard money lending is a dominant trend that returns when interest rates increase, and in the case of the housing bubble bursting, banking institutions tightening their belts and becoming mortgage misers. The days of breezing through loan documentation and getting Read MoreCategories: Fast Loan Funding
Two Home Loans
Many homeowners are finding that instead of enduring the higher interest rates of a jumbo loan, they can piggyback loans, which essentially means that they obtain two conventional loans instead of a single jumbo mortgage. A jumbo loan is typically Read MoreCategories: Hard Money Loans
The Latest Housing Market Figures
While March saw a slight increase in foreclosure numbers, the downward foreclosure trend is expected to dominate the real estate market. In fact, statistics show that foreclosures are down a staggering 52-percent since reaching their all-time peak in 2010. Nationwide, Read MoreCategories: Hard Money Loans
Home Pricing Boom
Homes are once again seeing appreciation at an accelerating rate that hasn’t been witnessed in the last six years. Giving hope to real estate owners, the banking industry and consumers, this is the largest turn around since the real estate Read MoreCategories: Hard Money Loans