Are you thinking of buying a new home? If you are and you have a home to sell, you might worry about how to coordinate that. Buying and selling simultaneously can be stressful. Wouldn't you rather buy a new home and then take your time moving?
Andre Agassi once famously said, "Image is everything." While image may not be everything, it counts for a good deal, and it hasn't always been kind to direct private lending. How can the industry change those optics to be seen not as a last-resort option but a vital part of the financing ecosystem from the start of a project?
Estate loans, also known as trust or probate loans, are short-term lending agreements; it’s a loan against assets that are tied up during the probate or trust administration process. When a person passes away, the process of transferring or distributing their estate takes time. In best case scenarios, probate can take at least 8 months and can drag on for a year or more.
If you’re interested in buying real estate as an investment, the local multiple listing service isn’t your only option. Real estate auctions are growing in popularity, especially for people looking for a bargain. Experienced investors often buy property this way, but technology has simplified the process and has made it less intimidating to new investors—as long as you do your homework.
When it comes to investment opportunities, especially fix and flip properties, Doris Le, founder of Your Trusted Private Lending Team knows how important it is to expedite the financing needed for your project. Unlike the grueling process of bank mortgages which can take upwards of thirty days, Doris can approve your hard money loan and provide you with funds in a matter of days. With a record closing in as little as 24 hours, and an average closing time of just 7-10 days, Doris is here to quickly assist you every step of the way.