Spring Real Estate Boom Has Shifted to Summer
With the stay-at-home order gradually lifting, what was once the boom in real estate during the spring, is just now showing signs of life again as we enter summer. To quote Joel Kan, Economist at The Mortgage Bankers Association: “Applications for home purchases continue to recover from April’s sizable drop and have now increased for…
Read moreRecently Funded – CovidBusters Are Us
No Mortgage Covid-19 Regulations Here! We want to let you know that our loan programs are not affected by any of the new regulations implemented for traditional and conventional mortgage programs. No need to stress if you have a lack of resources for your financial needs. Let us be your “covidbusters” and use our Hard…
Read moreWhat Will Happen to the Housing Market This Year?
This is the question on everyone’s mind, whether you own or rent. When the economy will turn around is crucial to all our lives. The National Association of Realtors (NAR) did a flash survey on May 7, 2020 and concluded from their results that “home sellers are gearing up to list their properties with the…
Read moreLoan of the Week – Next Generation
Heading Into Our Next Generation of Lending With over 3 decades in the business of alternative financing, we are one of the few Hard Money companies capable of lending in these uncertain times. We continue to offer our services to those in need. Below is just one of the many ways we can be of…
Read moreRecently Funded – Helping Where Needed
Let Us Be Of Help When Needed. These are trying times for many. Wouldn’t it be beneficial to discover a possible home loan program that could relieve some of the stress? This is where we hope to be of help! The Hard Money mortgage programs we offer are backed by real estate equity –helpful for…
Read moreHome Equity to the Rescue
Despite the staggering number of unemployment claims being filed, there are many reasons we will not be seeing a significant number of foreclosures like we did during the crash of the last decade. The major reason is that the amount of equity homeowners have today, positions them to be in a much better place than…
Read moreUnique Financing That’s Helpful Now
Get Financing From Family Company – Ranked One of the Top 500 Despite current circumstances, we have successfully continued to lend to individuals who are in need of a home loan – to get fast cash-out from equity, to do repairs, money to buy a home, do debt consolidation, pay off balloon payments due, etc.…
Read moreInvesting Fears Allayed by Experts We Trust
All investors are looking for certainty and guidance with the Covid-19 crisis upon us. We want to know what the best course of action might be. A passage from a letter to the Berkshire Hathaway shareholders written by Warren Buffet in 1986 could offer some inspiration now: “[O]ccasional outbreaks of those two super-contagious diseases, fear and greed, will…
Read moreLoan of the Week – Giving Faster Financing
Loan of the Week We received a request from a Sonoma County Broker, who had a borrower with a note that had come due. Unfortunately, this borrower needed more time to repair her credit in order to qualify for conventional financing, so needed a short-term Hard Money loan. She required $550,000 to satisfy her present…
Read moreLos Angeles First Quarter Report
As we entered this unchartered territory in the first quarter of 2020, the real estate market reflected some unevenness. Results for this past quarter in Los Angeles County were location and market specific. Looking at various communities within the whole of the county we find these statistics: Properties on the market moved quicker in the…
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