by Glen | Mar 9, 2018 | Real Estate Trends
Investors flipped more than 207,000 single-family houses and condos in the U.S. last year. More than 138,000 investors flipped a home last year, the most since 2007. This represents 5.9% of all single family and condo sales in 2017. Why is this metric important? How...
by Glen | Oct 24, 2017 | CO Biz Magazine, Hard Money Lending, Housing Price Trends / Information, In the Press
First, Happy Halloween. I hope everyone has a safe and fun Halloween. The pic above is yours truly in a blow-up dinosaur costume I got for 25 dollars. Quite a steal! It is crazy to think that my purchase has changed the world and your Halloween costume...
by Glen | Apr 4, 2016 | Housing Price Trends / Information, Property Valuation, Real Estate Trends
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...
by Glen | Nov 6, 2015 | Commercial Lending in the news, Hard Money in the News, Residential hard money, Small Balance Commercial Lending
Need a loan closed in under a week? Fairview is the answer. We are privately funded and can close and fund your loan quickly with zero upfront fees That is impossible, how about appraisals? Since we hold and service all of our own loans we do all underwriting...
by Glen | Apr 10, 2013 | Hard Money in the News, Residential hard money, Small Balance Commercial Lending
I’m commonly asked what is the typical loan term of a hard money mortgage. A typical hard money lender will provide a loan term of 3- 6 months. This short of a time period is a large risk/problem for many borrowers. For example what if an investor...
