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

Archive for February, 2010

Private Money FAQ

Sunday, February 28th, 2010

Clay Sparkman
I realized early on that one of my greatest challenges in the private money lending business was to educate brokers, borrowers, and ultimately lenders regarding private money lending–what it is and when and how and when it should be used.  So many people know so little about it, and those who think they know [...]

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Is Oregon next?

Thursday, February 18th, 2010

Clay Sparkman
After many years of holding relatively firm, the real estate market in the Pacific Northwest may be in trouble.  The following informative piece was printed yesterday at Business Insider.  Make sure to follow the “Check out how bad Oregon has become” link and the 14 slides that accompany the article.
http://www.businessinsider.com/oregons-expanding-foreclosure-rate-could-make-it-the-next-california-2010-2
What does this mean for [...]

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Top ten clues that you should probably pass on a particular loan offering

Sunday, February 14th, 2010

Clay Sparkman
I thought it would be nice to publish something just for fun today.  I rather enjoy doing these TOP TEN lists, but I try to avoid doing them very often for fear that it will look like this blog is purely for my own self-amusement.  And of course to a certain extent this is [...]

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Ten crucial steps in reading an appraisal

Wednesday, February 3rd, 2010

Clay Sparkman
The crucial thing that you must understand about any appraisal (or other real estate valuation instrument) is that it is only as good as its logic.  So that—in other words—you must never accept an appraisal’s conclusion regarding value without looking beyond the surface to understand the logic that leads to the conclusion and without [...]

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