by Glen | Mar 24, 2020 | Coronavirus 2020 real estate impact, Hard Money Lending, interest rates
We are still lending as we fund and hold our loans in cash! If you have been watching the mortgage market, your head is likely spinning. Last week, a mortgage rates drop for 30-year fixed mortgages hit a record low of 3% less than a week later rates have...
by Glen | Mar 20, 2020 | Coronavirus 2020 real estate impact, Hard Money Lending, Housing Price Trends / Information, interest rates, private lender, property taxes, Property Valuation
First, I wanted to give a hats off to this guy for taking social distancing to the next level. He hiked out about a mile on thin ice to ensure he was doing his part 🙂 Coronavirus has caused the Federal Reserve to drastically cut rates to almost zero due to the...
by Glen | Mar 14, 2020 | commercial hard money, Commercial Lending in the news, Commercial Lending valuation, Coronavirus 2020 real estate impact, General real estate financing information, Housing Price Trends / Information, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, residential lending valuation, Underwriting/Valuation
With the labor market looking up, we decided to “hire” a new employee, Luna. She will be working out of our Colorado office and focusing on property inspections (and anything that has to do with snow). Please welcome her to the team 🙂 The Labor...
by Glen | Mar 13, 2020 | General real estate financing information, hard money, Hard Money Commercial Lending, Hard Money in the News, Housing Price Trends / Information, interest rates, private lender, Private Lending, Process/Loan Submittal, Program Details
First, I hope everyone is doing okay with everything going on. As many banks and other lenders pull back thru the pandemic and the mortgage rate increase we are still funding. We fund and hold all of our loans in cash without leverage so we will continue to...
by Glen | Mar 5, 2020 | Coronavirus 2020 real estate impact, General real estate financing information, Hard Money in the News, Housing Price Trends / Information, interest rates, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Residential hard money
The picture above is a bit more relaxing to look at as opposed to the media barrage of the coronavirus and stock market (do you know where I took the pic, hint in CO, email me if you know). The Coronavirus has caused stock markets around the world to quickly sell off...
