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HARD MONEY FORECLOSING & EVICTIONS
Real Estate when spoken of and even practiced in the public eye remains in two categories i.e. buying and selling. However it is much more than that. There are many categories and sub-categories that come under the main heading we call Real Estate. Hard-money lending and property evictions are our topics today
HARD MONEY LOANS
These are loans based & made on hard equity meaning original cash deposited into the property, when it was done, what the property is worth now, demand, viability & use then assessed critically with all benefit of the doubt going to the lender. Why? Because hard money lenders venture into worst-case scenarios
EXAMPLES of ASSESSMENTS
What if the property is trashed or destroyed? How much is the first & what payments are required? What if the borrower defaults & declares bankruptcy? What if the market crashes & wipes out soft equity? Acts of God and acts of man are thrown at the lending scenario for the shrewd money-lenders to make decisions by
SOFT EQUITY or NORMAL APPRECIATION
In a normal market at large, Real Estate like water will seek its own level. As the landscapes change so does the outcomes. What went up today can go down tomorrow. Waiting for a Real Estate cycle to ... more

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