The fed raised rates today? Is this the real news? As many have noticed, rates have taken off over the last 30 days driving up mortgage rates substantially. What is really driving the rapid movement and what will happen in 2017. There is one wild card that could...
Many lenders are already talking about closings they are setting up for 2017? ARE THEY CRAZY? What happened to the last month of 2016? As the holidays are well upon us, many borrowers have asked: “Can you close my loan by year end?”. The answer is yes, WE CAN CLOSE...
I’m a big believer in self reflection, and when I am wrong, coming out and saying it. I wrote an article, let if float, where I, like pretty much everyone else in the industry, predicted rates would stay low. Unfortunately, the last week has taught us that these...
I wanted to wish everyone a Happy Thanksgiving. I have enjoyed working with each of you over the past year and look forward to working together in the future. With this year’s election, the dinner table is going to be quite interesting to say the least. I wanted to...
What does great clips have to do with real estate? I went to get a haircut at great clips at 8 am on a Tuesday morning and the place was packed and yet a month earlier on the same date and time there wasn’t a single patron. Why? How can this pattern or lack thereof...
Shares of Banks soared today as real estate took a little breather. What does a trump presidency mean for the markets and mortgage/real estate professionals? Is Trump the “inflation president”? What does this mean for rates and real estate values? Let’s start with...
Happy Fall. Tired of the games of other lenders? With other companies advertising they can close before the year end, at Fairview we can do better and close before the turkey even starts gobbling. Our average close time is only 5-10 days and there are ZERO UP FRONT...
It’s the Halloween season and time for haunted houses, ghosts, and goblins. Like most people, I enjoy Halloween but definitely wouldn’t want to celebrate the holiday every day. Unfortunately, unsuspecting buyers commonly purchase properties with a spooky past. Did...
I saw a surprising announcement yesterday that the largest residential real estate company was starting a mortgage arm. This mortgage arm will work closely with its realtors throughout the country to provide a “one stop shop” for home buyers. What does this mean...
When high end markets fall, what does it mean for you? I think most real estate pros would agree that the recent run up in prices in many areas throughout the country is concerning. Are there leading indicators of what could be to come? Aspen is down 42...
Let it float! I’m talking about rates that is. Why would anyone not lock in a mortgage at these historically low rates. It is a foregone conclusion that rates will increase in December (more than 80% of economists feel a hike will occur: WSJ). With such strong...
How will the election impact real estate? So who won the debate last night? Should you care? Like most of you I’m still trying to understand what Rosy Odonell has to do with anything! But, regardless of who won the debate last night or who was right or wrong, what...
Close before the leaves hit the ground on residential(investment) and commercial properties Happy Fall. With other companies advertising they can close before the holidays, at Fairview we can do better and close before the leaves even fall. Our average close...
Commercial lending is tightening. How do you get funded in a challenging market? All of us undoubtedly hear NO! hundreds of times a day especially in the real estate lending world. With the various rules and regulations, it is more difficult than ever to get...
Will taco bell predict the next real estate crash? What does a fast food restaurant like taco bell have to do with real estate? Can the sales of taco bell predict the next crash? What do sales at fast food restaurants mean for the general economy? What we found in...
What is the # 1 one piece of advice for Mortgage professionals? I was recently speaking with a real estate agent and asked for their thoughts on a mortgage broker (I was refinancing my house conventionally) and he responded he would never use them again. I had worked...
What does Brexit mean for you and real estate? Last night’s historic vote for Britain to leave the EU is going to have some profound effects (if you are just waking and haven't seen the news: here is a Bloomberg article). What does this mean for you and your...
A small rural church will destroy marijuana Although marijuana just enjoyed a record month (117m according to the Denver post), one small rural church is about to turn the industry upside down. This church is just the beginning of a seismic shift in the marijuana...
Job’s report tanks, one step to take now to save money With the jobs report last week what is one step everyone should take now. With all the hype that the economy continues to improve (thank the politicians), there are still strong undercurrents. Last...
What is the biggest mistake when valuing a property? As a private lender/ hard money lender we internally value every property and I have personally looked at thousands of properties (both residential and commercial). As you can imagine, over the last twenty years I...
How will the election impact interest rates & real estate? Regardless of which party you support 2016 is an election year. If you own real estate (or are thinking of purchasing, you may be curious about what historically happens in an election. Do rates...
It’s Property Tax Time! Hopefully everyone has successfully completed their income taxes. Now is also a good time to focus on real estate taxes as well. Are you paying more than you should on property taxes? I’ve seen hundreds of properties substantially...
Are you ready for the new credit reporting requirements (trended data)? Although we are a hard money lender and do not rely heavily on credit for our loan decisions (we are an asset lender focusing on the property), the new credit reporting requirement are going to...
Will terrorist attacks impact mortgage rates? As I woke up this morning I saw the news regarding a fresh European attack in Belgium. Our thoughts and prayers are with all the victims (see an article on the event this morning) This horrific news also had...
The fed raised rates today? Is this the real news? As many have noticed, rates have taken off over the last 30 days driving up mortgage rates substantially. What is really driving the rapid movement and what will happen in 2017. There is one wild card that could...
Many lenders are already talking about closings they are setting up for 2017? ARE THEY CRAZY? What happened to the last month of 2016? As the holidays are well upon us, many borrowers have asked: “Can you close my loan by year end?”. The answer is yes, WE CAN CLOSE...
I’m a big believer in self reflection, and when I am wrong, coming out and saying it. I wrote an article, let if float, where I, like pretty much everyone else in the industry, predicted rates would stay low. Unfortunately, the last week has taught us that these...
I wanted to wish everyone a Happy Thanksgiving. I have enjoyed working with each of you over the past year and look forward to working together in the future. With this year’s election, the dinner table is going to be quite interesting to say the least. I wanted to...
What does great clips have to do with real estate? I went to get a haircut at great clips at 8 am on a Tuesday morning and the place was packed and yet a month earlier on the same date and time there wasn’t a single patron. Why? How can this pattern or lack thereof...
Shares of Banks soared today as real estate took a little breather. What does a trump presidency mean for the markets and mortgage/real estate professionals? Is Trump the “inflation president”? What does this mean for rates and real estate values? Let’s start with...
Happy Fall. Tired of the games of other lenders? With other companies advertising they can close before the year end, at Fairview we can do better and close before the turkey even starts gobbling. Our average close time is only 5-10 days and there are ZERO UP FRONT...
It’s the Halloween season and time for haunted houses, ghosts, and goblins. Like most people, I enjoy Halloween but definitely wouldn’t want to celebrate the holiday every day. Unfortunately, unsuspecting buyers commonly purchase properties with a spooky past. Did...
I saw a surprising announcement yesterday that the largest residential real estate company was starting a mortgage arm. This mortgage arm will work closely with its realtors throughout the country to provide a “one stop shop” for home buyers. What does this mean...
When high end markets fall, what does it mean for you? I think most real estate pros would agree that the recent run up in prices in many areas throughout the country is concerning. Are there leading indicators of what could be to come? Aspen is down 42...
Let it float! I’m talking about rates that is. Why would anyone not lock in a mortgage at these historically low rates. It is a foregone conclusion that rates will increase in December (more than 80% of economists feel a hike will occur: WSJ). With such strong...
How will the election impact real estate? So who won the debate last night? Should you care? Like most of you I’m still trying to understand what Rosy Odonell has to do with anything! But, regardless of who won the debate last night or who was right or wrong, what...
Close before the leaves hit the ground on residential(investment) and commercial properties Happy Fall. With other companies advertising they can close before the holidays, at Fairview we can do better and close before the leaves even fall. Our average close...
Commercial lending is tightening. How do you get funded in a challenging market? All of us undoubtedly hear NO! hundreds of times a day especially in the real estate lending world. With the various rules and regulations, it is more difficult than ever to get...
Will taco bell predict the next real estate crash? What does a fast food restaurant like taco bell have to do with real estate? Can the sales of taco bell predict the next crash? What do sales at fast food restaurants mean for the general economy? What we found in...
What is the # 1 one piece of advice for Mortgage professionals? I was recently speaking with a real estate agent and asked for their thoughts on a mortgage broker (I was refinancing my house conventionally) and he responded he would never use them again. I had worked...
What does Brexit mean for you and real estate? Last night’s historic vote for Britain to leave the EU is going to have some profound effects (if you are just waking and haven't seen the news: here is a Bloomberg article). What does this mean for you and your...
A small rural church will destroy marijuana Although marijuana just enjoyed a record month (117m according to the Denver post), one small rural church is about to turn the industry upside down. This church is just the beginning of a seismic shift in the marijuana...
Job’s report tanks, one step to take now to save money With the jobs report last week what is one step everyone should take now. With all the hype that the economy continues to improve (thank the politicians), there are still strong undercurrents. Last...
What is the biggest mistake when valuing a property? As a private lender/ hard money lender we internally value every property and I have personally looked at thousands of properties (both residential and commercial). As you can imagine, over the last twenty years I...
How will the election impact interest rates & real estate? Regardless of which party you support 2016 is an election year. If you own real estate (or are thinking of purchasing, you may be curious about what historically happens in an election. Do rates...
It’s Property Tax Time! Hopefully everyone has successfully completed their income taxes. Now is also a good time to focus on real estate taxes as well. Are you paying more than you should on property taxes? I’ve seen hundreds of properties substantially...
Are you ready for the new credit reporting requirements (trended data)? Although we are a hard money lender and do not rely heavily on credit for our loan decisions (we are an asset lender focusing on the property), the new credit reporting requirement are going to...
Will terrorist attacks impact mortgage rates? As I woke up this morning I saw the news regarding a fresh European attack in Belgium. Our thoughts and prayers are with all the victims (see an article on the event this morning) This horrific news also had...
