1 Aug 2023 7/25/23 Four Types of Private Money Loans We have done several Private Loans or “Hard Money loans” lately for various reasons. There are many different versions of Private loans, and today I will touch on a few of them. Many of you have heard of our Bridge Loans, and we are currently at 7.99% on these loans, which blows away the competition. […] Share on Facebook Share on Twitter
13 Jul 2023 7/13/23 Mike’s Morning Mortgage Update ̵... Chapstick, Kleenex, Band-aids, Scotch Tape, Q-tips. These are original brands, and we sometimes say things like “Do you have any Kleenex” when you need a tissue. Or, “I cut my finger, I need to get a Band-Aid” when you just need a bandage. Lot’s of copy-cats, but we can all agree that none of them […] Share on Facebook Share on Twitter
13 Jul 2023 7/12/23 Mike’s Morning Mortgage Update ̵... I had a hectic weekend work-wise, and this week has been no different. I love it when it is busy, but this is different. Everyone put an offer on the same house. LOL! Well, that’s not the case, but we see a lot of this. In my team meeting yesterday, we discussed how important […] Share on Facebook Share on Twitter
6 Jul 2023 7/6/23 – Rates are up – Election year ... You will hear some rumblings in the next few days about rates being at their highest levels since last October, and those rumblings are true. The other side of the coin is that properties are still getting bid up, and we still lack inventory which will likely continue to push prices even higher. Interest rates […] Share on Facebook Share on Twitter
30 Jun 2023 6/30/23 – Condo Insurance Issues I have been in this industry for over 33 years and have never had so much fun! Well, more fun started this week with some insurance issues in Condominium complexes! We have underinsured condos and townhomes in West Creek/ West Hills here in the Santa Clarita Valley. They are not vastly underinsured, as they have […] Share on Facebook Share on Twitter