arizona hard money: Easy money in the faltering real estate market.
- 04/30/12 08:26 AM
Easy money in the faltering real estate market. Phoenix, Arizona has a population over 1.44 million and that number is only expected to rise in the coming years. Yet, it’s not a very condensed place, spread out to the far reaches of the horizon. So many houses were built in the real estate bubble a few years ago, but many of these properties now stand empty, neglected and decaying. The housing market is slowly, but surely making a comeback – after all, shelter is a staple of human existence, so eventually houses will be affordable again. Let’s hope anyway. Some … (0 comments)
You wouldn’t know it unless someone told you or you were a super smart accountant or knew a lot about investing, but hard money lenders Arizona is actually easy. It’s so easy, a caveman could do it – yes, I know that’s a Geico moniker or slogan, but the sentiment remains – it’s simple, it’s a breeze, it’s easy. The first part, perhaps the hardest part (no pun intended) is finding the correct private money lenders Arizona. They can be anywhere, under any rock or cranny, so you should want to probably shop around … (0 comments)
So what are some of the benefits to a hard money loan? Well, here’s some numbers for your calculator to lick up. But first, remember that a hard money loan is a form of asset-based borrowing instead that deals with real estate. What part? The most important part, of course – the financing. Also, some borrowers also pursue Arizona hard money loans when their financing needs are super urgent and more traditional and conventional financing sources cannot respond in time. Here are those numbers, as promised: In many cases a hard money lender Arizona … (0 comments)
If you’re like the many millions of people living in Arizona and you want to be able to afford a house, then perhaps familiar, tired banking isn’t for you. Perhaps consider hard money lending Arizona because that’s a unique and often beneficial alternative. Most Arizona hard money lenders provide coverage for the entire state, from Prescott to Flagstaff to Tucson to Scottsdale to Tempe to Phoenix and everywhere in between. This is a necessary route to take when banks cannot approve your loan request or respond quickly enough. So let’s … (0 comments)
Wikipedia defines a hard money lender as “lending companies offering a specialized type of real-estate backed loan.” Therefore, hard money lenders provide short-term loans (also known as a bridge loan) that provide funding based on the value of real estate that has been collateralized for the loan. Hard money lenders typically have much higher interest rates than banks because they fund deals that do not conform to bank standards, but in the long run, these deals tend to pay off much more. Arizona has some of the highest foreclosure rates in the country, … (1 comments)
Easy money in the faltering real estate market. 
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