Saturday July, 2014 01:08 AM Filed in:
Lending & FinanceQ: What is “hard money” lending?
The term “hard money” is often used in real estate investment discussions. Essentially, it refers to non-traditional financing. Hard money loans are typically short term loans with relatively high closing costs and above market interest rates. These are commonly used for distressed property situations and rehab projects where traditional funding is not available. Hard money lenders will typically, but not always, require a first lien position in the property. When a first lien position is not available, hard money lenders will generally require that there is substantial equity beyond the amount of the new loan.
CHRIS PAHL
Real Estate Attorney
945 E Paces Ferry Rd
Suite 2250
Atlanta, GA 30326
Tel. +1 (678) 448-4148
web: GeorgiaTitle.com
contact: PaperAndDirt.comTags: Hard Money Loan, Hard Money Lenders
Wednesday July, 2014 01:10 AM
Choosing an Atlanta Georgia Real Estate Agent
CHRIS PAHL
Real Estate Attorney
945 E Paces Ferry Rd
Suite 2250
Atlanta, GA 30326
Tel. +1 (678) 448-4148
web: GeorgiaTitle.com
contact: PaperAndDirt.com Monday July, 2014 01:08 AM
This article summarizes the role of the Atlanta closing attorney in a residential closing. Read More... Sunday July, 2014 01:09 AM Filed in:
Title Insurancethe type of title insurance that will protect the owner and heirs is called a(n) Read More...Tags: Land Title Insurance, Owner's Title Insurance
