Fairfield Financial Services, Inc. - Private Money Loans, Lending & Borrowing

Archive for January, 2010

What exactly do you want me to do for you?

Wednesday, January 20th, 2010

Clay Sparkman
When evaluating loan requests, this is the fundamental question:  what exactly do you want me to do for you?  It is impossible to count the number of times that I have receive loan packets or proposals that didn’t include a loan summary or any clear description of the request.  The process of evaluating a [...]

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Won’t somebody please call a plumber … the banks are clogged

Tuesday, January 5th, 2010

Clay Sparkman
One of my dear good readers sent the following e-mail in response to my last post, Home strippers coming to a neighborhood near you.
“Good topic Clay.  Now forgetting about us private lenders, the conventional lenders continue to be their own worst enemies.  They persist in bringing the properties to the city hall steps at 40% over [...]

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