Private hard money lender closings

Fairview Lending (https://www.fairviewlending.com) is the leader in private lending in Colorado, Georgia and Illinois.  We strictly lend our own money and there are never any upfront fees.  We have recently updated a list of some of our recent hard money closings. ...

U.S. Existing Home Sales Slump in February. Who is still lending?

I just saw the existing home data for February (http://www.bloomberg.com/news/2011-03-21/u-s-february-existing-home-sales-fall-to-4-88-million-rate.html ).  Sales of existing homes continues to slump.  The foreclosure glut continues to drive prices down as well. ...

double dip on housing prices

There was an interesting article on CNN where Case/Shiller predicted a double dip in the housing market.  What is leading this decline?  In my opinion the number one driver right now is oil prices.  Many of the hardest hit areas were “exurbs” for example...

Real Estate Values fall more than forecast

It appears real estate values continue to decline after the latest release of S&P/Case Shiller index.  The majority of cities saw continued declines in values.  So what is behind this decline increased interest rates: rates have recently come off the historic lows...

Hard Money Lending: the new era for borrowers & brokers

Hard money lending is not what it used to be.  I recently published an article in the Scotman’s guide, a guide to private lending for mortgage professionals, that discussed the changes that have occurred in hard money lending.  These changes have been...