by Glen | Oct 14, 2020 | Atlanta Private Lending, Colorado Hard Money, commercial hard money, Commercial Lending valuation, Commercial Loan Servicing, Coronavirus 2020 real estate impact, Housing Price Trends / Information
New eviction laws that Democratic lawmakers recently passed would prevent landlords from filing evictions for nonpayment for a full year after the bill is passed. It would further prohibit foreclosures over nonpayment over the same period and enact automatic...
by Glen | Sep 24, 2020 | Colorado Hard Money, Georgia hard money, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Realtor, Residential hard money, residential lending valuation
FHA has placed a moratorium on foreclosures from mortgage loan defaults and offered any borrower that requests it an extension to not make payments for a year (HUD). This effectively kicks the can down the road and pushed out any impending actions until March of...
by Glen | Sep 8, 2020 | Atlanta Hard Money, Colorado Hard Money, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, residential lending valuation
The Coronavirus has created a unique financial situation. Unemployment rates are at record highs, with companies announcing long term downsizing. At the same time residential real estate is hitting new records and continues to increase in the face of the economic...
by Glen | Jun 16, 2020 | Colorado Hard Money, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Realtor, Residential hard money, residential lending valuation, Underwriting/Valuation
We are still funding in cash. Before the Pandemic, the United States economy was on track with the longest running bull market, record low inflation wages increasing, record low unemployment, and historically low mortgage rates. Even with all this good news, there...
by Glen | May 27, 2020 | Atlanta Hard Money, Colorado Hard Money, General real estate financing information, Hard Money in the News, Hard Money Lending, Housing Price Trends / Information
We are in an interesting economic cycle. In the last recession, house prices plummeted up to 60% in some areas. We currently hit the highest unemployment rate since the great depression yet house prices continue to appreciate. This is exactly the opposite of what...
by Glen | May 12, 2020 | Colorado Hard Money, Colorado ski lending, Colorado ski real estate, Commercial Lending valuation, Coronavirus 2020 real estate impact
I’m doing my part for social distancing! As I’m working from home, I looked out the window and noticed a lone biker weaving while riding down the road. They suddenly came inches away from hitting a parked car. Were they drunk? No, they were wearing a mask and...