What is the one facet of luxury real estate sales that’s the most undervalued in today’s market?

Presentation.

Want to improve your odds of selling your luxury home in California sooner, and for top dollar? Whether you are a high-end Realtor or a property owner, read on…. Read the rest of this entry »

October 4, 2011

The Federal loan limits that define “conforming” and “non-conforming” loans (by county) can be very confusing for homeowners and buyers, but these limits are relevant and important for consumers to know, since the distinction between what constitutes a “conforming” loan versus a “non-conforming” is what ultimately distinguishes a “conventional” loan from a “SUPER JUMBO” loan. Read the rest of this entry »

This question of how long one must wait to qualify to buy a home after a short sale or foreclosure is one many prospective California homeowners are asking now.

As of August 1, 2011, here are the general guidelines that FHA, Fannie Mae and Freddie Mac follow when considering a loan after a short sale or foreclosure, taken from published guidelines from each: Read the rest of this entry »

While many multi-family property owners know us for our traditional CA apartment loans, we specialize in low-rate hard money apartment lending as well. In fact, private money apartment loans make up a large part of our fundings today, since commercial banks are less than willing to loan on apartments that fail to meet certain minimum debt-service coverage, vacancy, location, owner credit, and other standards. Read the rest of this entry »

My good friend and respected business consultant and educator Chris Banescu has published an elightening article The Assault on American Business.

Chris’s in-depth article examines the five greatest threats to American business and the utterly terrifying consequences to our economy as a result of current government policy and proposed legislation.

Chris has a comprehensive blogsite chock full of useful and insightful information for those interested in the politics of our day, particularly as it relates to what I call the cramdown of US business and our personal freedoms in today’s times.

Governor Arnold Schwarzenegger approved seven new laws on October 11th that provide a range of new so-called consumer protections to home mortgage holders in a last-minute scamper session.

Absolutely NOTHING in the new legislation will help homeowners currently facing foreclosure, which was what the Democrat-sponsored bills were supposed to alleviate.
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If you’re new to “hard money” loans — and many folks are in today’s economy — it’s likely your basis for understanding hard money loans will be what you know about conventional bank loans. In truth, the two are very different.

So is a hard money loan right for you? I can sum it up in a few paragraphs: Read the rest of this entry »

You might think that it only makes sense to begin constructing a new home AFTER all financing is in place and sufficient to complete the project, but I’m receiving loan inquiries from property owners who have begun construction and are at varying levels of completion but are short the funds needed to complete the project.
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