by Glen | Apr 28, 2021 | General real estate financing information, hard money, Hard Money Lending, Housing Price Trends / Information, interest rates, nightly rental real estate, Private Lending, Property Valuation
Do residential rental properties with one to four units and second-home mortgages carry more risk? Apparently so says the U.S. Treasury Department. Such loans underwritten by Fannie Mae and Freddie Mac will end up costing you more under restrictions quietly announced...
by Glen | Apr 21, 2021 | private lender, Private Lending, Property Valuation, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation
For years Zillow has been buying houses, but they have refused to use the Zestimate as their purchase price. The cards have now turned with Zillow announcing that the “Zestimate” is now the price they will pay for your house. How will this change allow Zillow to...
by Glen | Apr 14, 2021 | General real estate financing information, hard money, Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation, Residential hard money, residential lending valuation
There is a tidal wave of distressed homeowners who will need help,” Dave Uejio, the CFPB’s acting director, said in a statement; companies “that are unable to adequately manage loss mitigation can expect the bureau to take enforcement or supervisory action.” At the...
by Glen | Mar 31, 2021 | commercial property trends, Coronavirus 2020 real estate impact, coronavirus 2021 real estate impacts, Government Bailout, hard money, Housing Price Trends / Information, Private Lending, Real Estate economic trends, real estate investing, Real estate Valuation, Residential hard money
For the first time in a year, since Covid-19 began spreading across the United States forcing Americans to stay home, retail alcohol sales have fallen almost 2%. Why the change in alcohol sales? No, people are not consuming less alcohol. What does this mean...
by Glen | Mar 25, 2021 | Colorado Hard Money, Coronavirus 2020 real estate impact, coronavirus 2021 real estate impacts, General real estate financing information, Hard Money Lending, Housing Price Trends / Information
We are now well over a year into the pandemic and forbearance/eviction moratoriums abound with property owners and lenders essentially “stuck” with limited or no cash flow. Unfortunately, many in Washington and local governments do not fully understand how real...
