What is Hard Money?

By admin on Monday, December 20, 2010
Filled Under:

A couple from Palmdale, California called my office Monday afternoon asking if we can help them save their homes. If you are delayed in their mortgage payments for 3 months and their house is in foreclosure. You have children, they love their house, and they do not want to move elsewhere. They have low credit in foreclosure and have such a high debt ratio banks turned them down. Knowing the urgency of the situation of the couple, I asked them questions about their financial situation, what their credit, mortgages, how much they owe, liens, collections, judgments, etc. At the end of our conversation, telephone calls ch affected began, I told the borrower that we can get a loan through hard money investors. The borrower was surprised to hear that they finally get a loan and losing their homes. Applying for a loan through regular banks, a limited loan to value, debt ratio, income documentation and rating guidelines. For homeowners or borrowers who have low credit rating, notice of default, foreclosure or bankruptcy, they get immediately rejected by the banks. Does this mean that they do not get a loan and lose their homes? Absolutely NO! Hard money or private money loans is the solution for low credit borrowers and who are in financial distress, such as notice of default, foreclosure, bankruptcy, credit, crime, judgments, collections, liens, etc. Hard Money equity based non-fico based lending. As long as the borrower has equity in the house due to the withdrawal of all mortgages, liens, charge offs and collections, interest payment delays and prepayment penalty left. Hard money is hard earned money from private investors, groups, businesses, insurance companies and hedge fund managers who are capable of financing based on equity or assets of the borrower.Hard money investors or lenders offer a standard 65% Loan to Value (LTV). In some cases, there are investors who go up to 70-75% LTV. go for hard money investors up to 80-90% LTV, they will demand on title to secure their investments. At 65% LTV, it is possible to provide a loan as stated income. Furthermore, 65% LTV requires full documentation of income and asset situation. For borrowers who are going through financial hardship, such as termination of employment / downsizing, medical emergencies, natural disasters, divorce, loss of business or other valid fact that it is in financial distress are hard money lenders willing to deal with them as long as they work to show the ability to repay the loan or have an “exit strategy” if the term over.Hard money is short-term financing, usually within less than 6 months 1 year, although 2 or 3 years are available also elected. The purpose of the acquisition is a hard money loan for the immediate solution to the foreclosure or low credit borrowers who need immediate cash to pay debts or existing loans already available to mature and be paid off.Hard money is the last resort for borrowers if they can not regularly bank financing. Hard money or private money loans are much higher rates and points. The rate may be 8.5, 11, 12, 13 to 15% depending on the loan to value and income documentation area. Although hard money is not based fico can go below 500 mid score, the borrower's creditworthiness also affect the rate at which they receive. The high prices and earn points for hard money is an investment prudence for hard money lenders or private investors. High risk borrowers a potential headache to investors, if they default in payment. When you are through with the enforcement, legal fees and sale of the property processing time factors which bring high adhesion on hard money lenders.The reality hard money “is high yield vs. high risk 'business relationship. Hard money lenders or private investors are willing to take on high risks as long as it is a good investment return. Not all borrowers have good solvency, which prepare the private investors to charge higher prices for future risk and carry the property caused by foreclosure and resell the property. If refinancing is not
for hard cash for home owners / borrowers work that are in notice of default, foreclosure or bankruptcy, there are other creative ways they can get help from investors hard money. Such a creative way, a sales contract, lease, or Investor los titles and allow time for the homeowner to sell the property. These are not easy to do, but can be done, if not give the homeowner about other possibilities. The advantages of hard money loans allow the borrower, at home to save you from financial distress by paying off debt, prevent from foreclosure, bankruptcy, and the ability to credit within 6 months to 1 year re- time frame. Hard money provides a “great victory” for homeowners and borrowers during the times.Hard hard money or private financing is suitable for both residential and commercial real estate. Common programs include raw land loans, construction equipment, high-end one million U.S. dollars Estates, apartments, hotels, motels, mixed-use properties, office buildings, shopping malls, mobile homes in parks, gas stations, restaurants, hospitals, golf courses , casinos like luck3 online casino , recreation centers, grocery stores, prefabricated houses, and even business loans.

Tags: ,

Amazing Alabama Apartments

By admin on Monday, December 20, 2010
Filled Under:

The amazing Alabama State is in the southeast of the United States. The town experiences hot summers and pleasantly mild winters. Also can the Yellowhammer State is known, is simply full of recreational opportunities for Alabama tourists.You an eco-tour and explore the coast, or you can go back in time by the old mansions in the capital, Montgomery. The Battleship Memorial Park in Mobile includes the battleship USS Alabama during World War II battle used. The Space and Research Centre in Huntsville with the country’s largest collection of space hardware you back to the future. State of the art golf courses are designed especially by Maestro Robert Trent Jones Talladega Superspeedway NASCAR racing and other attractions of casinos Alabama. Riverchase Galleria, the largest shopping center of Alabama at Birmingham is another crowd puller. It has over 200 shops, service businesses and restaurants. Alabama Apartments take care of all your needs and make sure that it is the best value for your money.The popular tourist destination known for its beaches of Alabama Orange Beach with the top of the list to get known. Orange Beach apartments are for couples and families. Just check in and enjoy your time at the Orange Beach to the fullest. The white sand of the beach, download for long walks. Collecting shells and building sand castles remain popular activities for children and many children can be colorful buckets in their hands across to watch over the beach. Water skiing, fishing and swimming in the cool clear water are other ways to spend time in Orange Beach. The more enterprising people can opt for a balloon flight and enjoy panoramic views of the Orange Beach. Dolphin watching cruise and sailing excursions are some family activities you can do. The largest pier on the Gulf of Mexico that juts into the sea off 825feet the Orange Beach on the Gulf Shores beach. A walk through the pier is very refreshing, or you can just sit and a few fish. In addition to activities on the beach, Orange Beach has other things to offer its visitors. The history buffs can have a memorable time at the Orange Beach Indian and Sea Museum. This shows the early sailors and the Indians show disguised. The Art Centre captures the interest of art lovers with the beautiful works of art displayed here. Children are her life at the highest observation wheel in the southeast corner. Shopping can have an experience in Orange Beach as the stores for everyone. You can pick some nice artwork as a souvenir from the art trade.

Tags: , , ,

Let ' s Share Golf process as a step-by-Step Journey

By admin on Thursday, December 16, 2010
Filled Under:

Mon Most golfers will find a variety of golf equipment articles, which made him often ridiculed has, or being misled by a so-called by the theory of golf . In fact, various theories have their own reasons and summed up by our predecessors, not to flicker, but the crucial question of how we understand and use these theories is to come. If you want to know a lot more golf information, please visit Discount Golf Clubs It is directly behind the head, shoulders, center of gravity between the legs of displacement is not a problem. Hitting the wrist when the club head is right-handed release, but golf swing action is a good practice to strengthen these movements are dull and go alone, regardless of the circumstances surrounding them, the problem naturally arise, and sometimes even got in deadlock again for a long time to get out. Everyone has heard the story, think of the blind touching the elephant, each touching the elephant have the blind part, they already know the whole picture of the elephant and a single action for the Blind, Gulf is understood, for the same reason. In addition, I always think golf is a very individual sport, no two people have exactly the same golf swing in the world. For the filling of the various theories and the so-called golf tips, but you can not go blindly follow the light of experience. This allowed the generation of the master Jack Nicklaus golf swing to her book called "Golf My Way" imagine because of its emphasis in the book that describes all the momentum of its own experience, may not be suitable for some people, ( Cleveland CG12 Black Pearl Wedge) I hope you get to keep the same in the eye care, it shows a lack of strict style gurus. And for beginners, the completion of certain actions on the basis of long practice, built, and in connection with any person condition. if you must, try to imitate it, a mere imitator, just the opposite. More importantly, the golf swing a ring a ring, the last action if there are problems, such as Focus on the reverse lever, then the next shot, how the release of the head, the step be?

There is a set called castles in the air, "said the old one please give him the workmen on a building when the craftsmen in the play ground when he very UnGlue Glad was to build, say that you lose time is blind, I would like the top, the layer. In fact, golf is the same reason, a gradual process of maturity, golf has become a master overnight is not possible. Perhaps you read the best golf books, equipped with the latest golf clubs, but the key is to spend time and persistence to withdrawal from the basic skills to beginning practice. perhaps this is to improve a link. discount golf clubs can really help when you try to chart your progress when playing golf, you can benefit from our website and tips is available online. And finally I would like to have a surprising golf clubs discount golf clubs.You recommend the best clubs can be found on him.

Tags: ,

4 Reasons Social Marketing, a part of your business

By admin on Thursday, December 16, 2010
Filled Under:

If you try to sell things on the Internet, and you do not have a blog that you are putting yourself at a disadvantage. Would you go golfing without a putter to play? Your competition is blogging and they are against your pants every day ease. have a part of blogging is submitting your articles to social directories.Here 4 reasons social marketing a part of your Internet business.1 be. Online marketing is a popular way to get information. Directories like Digg and Netscape are quickly becoming the choice of people around the world as a way to keep up on what’s going on.If you are not blogging and submitting to relevant social directories are not in this simple form of date traffic.2. Online marketing is easy to do. Here’s what you need. You should have a WordPress blog and set it up so that you can quickly bookmark the top directories. Then you should post to your blog daily. If you can talk and type blog.3. Online marketing is an interactive way to develop relationships with your readers. This is known as Web 2.0 and it is important to the future of your business.People still like to deal with people. This is an age-old sales trick that is sometimes lost on the Internet. By yourself and your blog interactive you become a real person. This will increase your chances for sales and repeat sales.4. Search engines love social marketing. They live their life easy when you’re rich blog about topics that a person can find keyword research. If you master the techniques of social marketing you see on page one of Google and other search engines very quickly.The reason is to get search engine spiders Digg, Reddit, Newsvine, and many more non-stop looking for fresh relevant content online. This may be, as you seem confusing to your competition.If none of this really be opposed. Read "The Authority Black Book by Jack Humphrey. It is a free eBook you can go online. You will learn everything you have always known about social marketing and how to use it to maintain your business.Do increase is not until tomorrow to get started. Do it today and your Internet business will thank you.

Tags: