private money lender: Why Smart Texas Private Money Lenders Insist on Title Insurance - 02/19/19 08:28 AM
Most Texas Private Money Lenders require title insurance in order to fund a deal. Although there’s some debate on the merit of this practice, it’s essential because it protects both you and the lender.
Although land and property transactions began occurring in the United States for almost all recorded history, the concept of title insurance is relatively new. Initial transactions were simple for obvious reasons. There was virtually no chance anyone else could lay claim to a property because so little of the country had been settled.
Because of this, the conveyancer system was used. Conveyancers worked similarly to title insurance companies … (0 comments)

private money lender: Why Use an Arizona Hard Money Lender? - 02/15/19 10:45 AM
Arizona Hard Money Lenders are individuals that have money to lend to projects. They will finance a borrower’s who bring projects to the table that an Arizona Hard Money Lender can anticipate will have a large return.
Why would anyone need an Arizona Hard Money Lender when they have a bank? Great question! There are many reasons to use hard money. A huge advantage to working with an Arizona Hard Money Lender is they do not focus on your credit report or your monthly generated income. Their focus is on your assets. Why? Because banks and individuals want to know they … (0 comments)

private money lender: Colorado Private Money Lenders Aren't Private, Here's Why! - 02/12/19 10:34 AM
Colorado Private Money Lenders are an open book, answering questions and explaining the Colorado Hard Money Loan process so you can feel comfortable with your loan terms.
Gone are the days of dodgy hard money lending. Today’s Colorado Private Money Lenders are up front with what they have to offer, the fees associated with using a Colorado Hard Money Loan, and why or why not it would be the right option for you.
Colorado Private Money Lenders can fund investment opportunities based on different criteria than big banks can and because of that are a great way for people to get the money … (0 comments)

private money lender: Private Money Lenders: Hard To Find, But Worth The Effort - 02/11/19 01:20 PM
A private money lender may be the answer to your funding problems particularly when you can’t use the more traditional types of financing. Look into these loans and find out if this path is one you should take.
You are someone who wants to invest in a good area that can make you some money and a couple of your friends suggested real estate. You think it’s a great idea, but just last year some property you had acquired when you had personal funding was foreclosed on. Since you are a private contractor with income received by the job, you are often … (0 comments)

private money lender: Why Colorado Private Money Lenders are the Perfect Lending Solution - 02/11/19 12:16 PM
Tired of being denied for a loan at the bank? Visit a Colorado Private Money Lender today to learn more about private money lending solutions that don’t require you to have a perfect credit score.
A poor credit score can sometimes feel like an overwhelming burden. Has your low credit score kept you from being able to be approved at a loan at a bank? It’s time to stop walking in circles and getting stuck! Choose a hard money lending solution instead of a traditional broker and finally have the financial freedom to get into your dream home or start making big … (0 comments)

private money lender: Terms of Owner Occupied Hard Money Loans in Arizona - 02/11/19 11:15 AM
In most cases hard money is used to purchase an investment property. But there are cases when owner-occupied Arizona Hard Money Loans are funded by some lenders.
Not everyone has the credit history or even the documentable income to qualify for a traditional loan from a bank or a mortgage company. But these consumers need a place to live and can grow very tired of renting a property. Most people look at renting as paying a mortgage for the property owner and improving the property owners financial future rather than their own. As a result, many of these renters look for alternative … (0 comments)

private money lender: What You Need to Know About Arizona Hard Money Loans - 02/11/19 08:06 AM
Knowing that Arizona Hard Money Loans are privately funded loans is a good start. But you need to also know the terms of these loans to use them successfully.
If you are researching Arizona Hard Money Loans, then you most likely know that these are short-term loans that are offered by private lenders. But that is only the beginning of the information that you need to know to fully evaluate these loans and determine if hard money is the best option to meet your financing needs. These terms of these loans are quite different than those of traditional loans as are some … (0 comments)

private money lender: Benefits of Private Money Lenders - 01/29/19 12:14 PM
Life can be expensive, but Arizona private money lenders can help. Private lenders can finance your next real estate purchase and get you the home of your dreams. Know that banks are not your only option for loans. Hard money lenders and Arizona private money lenders can give you the loans you need without some of the hassle you’d get from a bank. Where banks fail, Arizona private money lenders succeed. Here are the top benefits of choosing private lender for your next loan.
1. They’re fast. A bank’s loan process can take a long time. Bank loan applications can be extensive, … (1 comments)

private money lender: Top 10 Tips on Working with Arizona Private Money Lenders - 01/29/19 10:28 AM
 Arizona private money lenders might seem confusing if you’re working with them for the first time. Learn how to navigate the money lending process with these tips. If you’re new to the world of private lending, it can be helpful to know how to work well with Arizona private money lenders. In any industry, there are things that, when done, can help make proceedings go more smoothly. To make the lending process as easy as possible for you and your lender, we’ve put together our top 10 tips for working with Arizona private money lenders.
Our Top 101. Know your private lenders’ … (0 comments)

private money lender: A Dream Come True - Private Money Lending for Your Small Business - 01/28/19 08:18 AM
Unfortunately, a small business can’t prosper without funding. Funding can come from many sources—such as family, friends and loans.
If you are fortunate enough your friends and family will have enough cash on reserve to help you grow your business. However, the reality is most of us do not know many people that can just toss us thousands of dollars to invest in our small business.
A business owner can take out a Arizona small business loan from the bank. However, banks require stellar credit and enough monthly income for them to feel secure loaning money to a business— and let’s not … (1 comments)

private money lender: Top 3 Niches Arizona Private Money Lenders Love to Fund - 01/22/19 09:58 AM
Defining a preferred niche when you’re in real estate investing can help you establish yourself as an authority, which leads to better deals and more sales. Being in a preferred niche can also help when you approach private money lenders, provided you’ve chosen your market wisely.
1. Single-Family Fix-and-Flips: Going with traditional fix-and-flips is quite common and these get funded all the time. However, you may want to consider digging a little bit deeper and working a specific region, choosing a specific style of home, or catering to a certain demographic. For example, some like to work only in established neighborhoods, … (0 comments)

private money lender: How to Get Started with Arizona Construction Loans - 01/22/19 08:58 AM
If you’re building a new home or business, you’ll be looking for Arizona Construction Loans rather than mortgages. Get to know the basics beforehand, so you can move forward without delays.
Contrary to popular belief, getting approved for Arizona Construction Loans isn’t necessarily difficult, but the process is different than going to get a traditional mortgage. People use them all the time when they’re building new structures or doing major renovations, and you don’t need to have perfect credit or be a builder to get one.
Before you attempt to get approved, though, you’ll want to make sure you have three key things … (0 comments)

private money lender: Who Are Arizona Private Money Lenders? - 01/14/19 02:42 PM
Beginning a relationship with an alternative money lender may be the only option when a traditional lender won’t approve a loan. Read below to learn who they are and how they can help you with financial success.
Private investors are alternative loan sources for people who aren’t approved by traditional lenders like banks and credit unions. While most people may think of private investors involved with real estate, they can really range from any untraditional source. This may include people such as friends and family who offer a loan to professional acquaintances, crowd funders and typical Arizona Hard Money Lenders.
Typical Private Money … (0 comments)

private money lender: Expectations of Arizona Fix and Flip Loans - 01/11/19 11:03 AM
Lina was a divorced mother of three living paycheck to paycheck until she started flipping houses. Here is her story.In March of 2009 Lina Jerome’s life felt like it was falling apart. Her husband had left her and their 3 daughters. Not left as in living in separate houses—left as in left the country not to be heard from again.
Lina had worked as a teacher’s assistant and her husband had been the bread winner. After he had left her financial world began to crumble. All three of her girls were in different extra-curricular activities and all three went to different private … (1 comments)

private money lender: Arizona Private Money Lenders Are There When You Need Them - 01/11/19 10:05 AM
Are you eager to buy an investment property, but your credit is less than perfect? Have you been turned down by traditional lenders?
 
Arizona Private Money Lenders, sometimes called hard money lenders, are non-institutional lenders that issue short-term loans. Typically, these loans are for the purchase of an investment property; however, they may also be used for fix-and-flips, rehab projects and quick funding.
Arizona Private Money Lenders are less bothered with a borrower’s credit and more concerned with their hard assets: which is real estate, cash or land. A hard asset will show up on financial statements. This is opposite of a soft … (0 comments)

 
Mark Gowlovech (HomeSmart)

Mark Gowlovech

Phoenix, AZ

More about me…

HomeSmart

Address: 22601 N 19th Ave Suite 112, Phoenix, AZ, 85027

Office: (623) 582-4444



Listings

Links

Archives

RSS 2.0 Feed for this blog