Featured Post

The Big Show is Coming to Town.

Don’t do it…it’s a big mistake flipping homes can cost you a lot of money . Every week the house flipping circus comes to town and adve...

Monday, June 11, 2012

Seniors and Young Adults Will Influence U.S. Housing Market with Phoenix hard money lenders


Aging baby boomers and their echo boomer children will significantly impact trends in the nation’s housing market over the next 20 years. In a new report released by the Bipartisan Policy Center, “Demographic Challenges and Opportunities for U.S. Housing Markets,” researchers at the National Association of Realtors®, The Urban Institute, and the University of Southern California analyze key demographic trends and their likely influence on housing and homeownership in the U.S. Phoenix Hard money lenders.

Over the next two decades, the aging baby boomer generation will swell the nation’s senior population by 30 million. That demographic shift will likely help increase the supply of housing, since people over age 65 typically release much more housing than they absorb.

“THE NORTHEAST AND MIDWEST ARE MOST LIKELY TO SEE A LARGE NUMBER OF OLDER HOMEOWNERS SELLING THEIR HOMES TO YOUNGER HOMEOWNERS AS THE BABY BOOMERS AGE,” SAID NAR CHIEF ECONOMIST LAWRENCE YUN. “THIS INCREASED SUPPLY COULD MEAN ADDITIONAL BUYING OPPORTUNITIES FOR ECHO BOOMERS. THAT GENERATION WILL ABSORB 75-80 PERCENT OF THE AVAILABLE INVENTORY OF OWNER-OCCUPIED HOUSING BY 2020.” PHOENIX HARD MONEY LENDERS

The echo boom generation includes nearly 65 million people born between 1981 and 1995. NAR’s analysis illustrates the potential impact of economic and housing policy on this generation’s demand for housing as they come of age.
“Housing, jobs and the economy are inextricably connected,” said Yun. “A strong recovery with favorable housing market conditions would encourage substantial growth in echo boomer households, which would help absorb the current vacant inventory and stabilize conditions for residential construction. Under a reasonable ‘middle’ recovery scenario, approximately 12 million new households will be formed over the next decade, requiring construction of up to 15 million new housing units.” Phoenix Hard Money lenders.

Phoenix Hard Money

T

Understanding the benefits of hard money lenders Arizona


Understanding the benefits of hard money lenders Arizona

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, THANKS TO IT’S IMMENSE SPRAWL. SO HARD MONEY LENDERS ARIZONA ARE MORE IMPORTANT NOW THAN EVER. IT’S IMPOSSIBLE TO IGNORE THAT BANKS AND BIG LOAN COMPANIES CAN’T PROVIDE THE SAME BENEFITS AS PRIVATE MONEY LENDERS ARIZONA. SOME OF THESE BENEFITS INCLUDE HIGHER, BUT MORE FLEXIBLE LOANS AND A WAY TO PUT YOURSELF AT EASE IN THIS ROUGH ECONOMY.

Just because hard money lenders will offer a range of requirements on the loan-to-value percentage, type of real estate and minimum loan size for a hard money loan doesn’t mean the everyday Joe Schmoe can’t qualify. It’d be at least beneficial to look into the whole thing. Who knows, you’re likely to find an even greater deal. Just remember, there are many different types of hard money loans such as fix and flip loans, construction loans and bridge loans, Arizona land banking, Mezzanine financing, land acquisition and development, land loans joint ventures and many more. The variety is just to make sure your particular needs are met.
hard money lenders arizona
hard money lenders arizona

Finding the right hard money lending Arizona for all of Arizona


Finding the right hard money lending Arizona for all of Arizona

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 say you just moved from Illinois to Arizona because you were let go from your last job. Yes, it sucks to be you, but don’t mope too much. You need a house and fast. Your family is getting sick of living at the Ramada Inn and eating take-out every night, not to mention the huge drain on your wallet. Your job is helping, but still, nothing would be greater than a house. If the bank can’t help you because they’re too broke too, it’s time to find other options. Like private money lenders Arizona. You can befriend these people much easier than most. That’s what makes these types of loans so successful – after all, they’re more personal. You’ll get what you need and so long as you work hard and pay your loan on time, everyone should be happy, including your family and the staff at the Ramada Inn.

YOU’LL WONDER WHY YOU DIDN’T THINK OF THIS HARD MONEY LENDING ARIZONA SOONER.

Phoenix Hard Money Lender
Phoenix Hard Money Lender

Understanding the benefits of hard money lending Arizona


Understanding the benefits of hard money lending Arizona

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, thanks to it’s immense sprawl. So hard money lenders Arizona are more important now than ever. It’s impossible to ignore that banks and big loan companies can’t provide the same benefits as private money lenders Arizona. Some of these benefits include higher, but more flexible loans and a way to put yourself at ease in this rough economy.

JUST BECAUSE HARD MONEY LENDING ARIZONA WILL OFFER A RANGE OF REQUIREMENTS ON THE LOAN-TO-VALUE PERCENTAGE, TYPE OF REAL ESTATE AND MINIMUM LOAN SIZE FOR A HARD MONEY LOAN DOESN’T MEAN THE EVERYDAY JOE SCHMOE CAN’T QUALIFY.

It’d be at least beneficial to look into the whole thing. Who knows, you’re likely to find an even greater deal. Just remember, there are many different types of hard money loans such as fix and flip loans, construction loans and bridge loans, Arizona land banking, Mezzanine financing, land acquisition and development, land loans joint ventures and many more. The variety is just to make sure your particular needs are met.
hard money lending arizona
hard money lenders arizona

Finding the right hard money lending Arizona for all of Arizona


Finding the right hard money lending Arizona for all of Arizona

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 say you just moved from Illinois to Arizona because you were let go from your last job. Yes, it sucks to be you, but don’t mope too much. You need a house and fast. Your family is getting sick of living at the Ramada Inn and eating take-out every night, not to mention the huge drain on your wallet. Your job is helping, but still, nothing would be greater than a house. If the bank can’t help you because they’re too broke too, it’s time to find other options. Like private money lenders Arizona. You can befriend these people much easier than most. That’s what makes these types of loans so successful – after all, they’re more personal. You’ll get what you need and so long as you work hard and pay your loan on time, everyone should be happy, including your family and the staff at the Ramada Inn.

YOU’LL WONDER WHY YOU DIDN’T THINK OF THIS HARD MONEY LENDING ARIZONA SOONER.

hard money lending arizona
hard money lending arizona

Hard money lenders Arizona is actually easy


Hard money lenders Arizona is actually easy

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 a whole lot. They usually have extensive websites with lots of details on what they’ll be offering you. Then, it’s simply a matter of contacting them with your idea or offer of investment. They’ll invite you into their office where they’ll give you free coffee (score!) and you can discuss all the grimy details of this exciting new loan available to everyone, even people like you.
Don’t think too lowly of yourself when dealing with these types of loans. Remember, you are a valuable person that is valued by God (if you believe in God, that is) and so fight for your right…. To vary!!! That means, don’t let yourself be monkeyed around by people who use a bunch of mumbo jumbo to confuse the drizzle out of you. You want your hard money lender to be your friend, because you’re already in a tight spot and could use a shoulder to lean on. That’s the whole idea behind hard money lending in the first place.
hard money lenders arizona
hard money lenders arizona

Easy Arizona hard money in the faltering real estate market.


Arizona Hard Money Makes Investing Easy

THE OTHER DAY, I FOUND AN AMAZING INVESTMENT PROPERTY. I RECENTLY STARTED INVESTING IN REAL ESTATE, AND SO FAR HAVE BEEN VERY SUCCESSFUL. I’VE FOUND IT QUITE EASY TO FIND ARIZONA HARD MONEY WHICH I’VE USED IN ORDER TO INVEST IN THE PROPERTIES THAT I’VE BOUGHT SO FAR. I HAVE FOUND A GREAT HARD MONEY LENDER ARIZONA THAT I WORK WITH. I NEVER KNEW IT COULD BE THIS EASY! SO WHEN I FOUND THIS AWESOME INVESTMENT PROPERTY, I IMMEDIATELY CALLED MY HARD MONEY LENDER ARIZONA AND LET HIS OFFICE KNOW WHAT WAS GOING ON. I FILLED OUT SOME VERY BASIC PRELIMINARY PAPERWORK, AND THEY ASSURED ME THE MONEY WOULD BE AVAILABLE WHEN IT WAS NEEDED. THAT IS WHY USING ARIZONA HARD MONEY TO PURCHASE MY PROPERTIES HAS BEEN SO GREAT. I NEVER KNEW THAT GETTING A LOAN TO BUY A PROPERTY COULD BE SO EASY. WHEN MY WIFE AND I PURCHASED A HOME A FEW YEARS BACK, THERE WAS ALL KINDS OF RED TAPE TO GO THROUGH WITH THE BANKS. THAT’S NOT AT ALL HOW IT IS WITH MY HARD MONEY LENDER ARIZONA.

Fortunately, and unfortunately, the investment property is bank owned. That means that unlike a hard money lender Arizona who gets things done fast, the bank takes its time. So I put in my offer and now I’m just waiting. Hopefully things go faster than expected, but sometimes it can take months and months for a bank to approve an offer, or come back with a counter offer. I should be getting a great deal on the property, so the profit will be worth the wait, but I’m not a very patient person, so it’s a little difficult for me. That’s another reason why I like using Arizona hard money—it’s so much faster. I am able to get my properties, flip them, sell them, and make my profit very quickly. It has been an excellent career move for me—but I would not be able to do this if it weren’t for a hard money lender Arizona.
hard money
hard money