Clay Sparkman
This from a recent article in The Puget Sound Business Journal:
“Sales of larger apartment buildings in King County are on the upswing, setting a record average price per square foot in 2011, according to data supplied by Dupre + Scott Apartment Advisors Inc.
Investors last year paid an average price of $136,509 per unit for [...]
Posts Tagged ‘Washington’
Another good piece of data for real estate markets in the PNW
Friday, February 3rd, 2012A few useful and interesting resources for private money professionals
Wednesday, November 9th, 2011Clay Sparkman
These days–with uncertain markets—tools and resources which provide us with information and data are more crucial than quite possibly ever before.
I am always trying to find more resources that will be of use to both me and readers of this blog. Here are a few items that have popped up lately.
ALTOSResearch offers this wonderful [...]
A private money loan prospectus – Hood Canal, Washington
Friday, October 21st, 2011Clay Sparkman
From time to time, I post a prospectus for a loan that we are currently in the process of placing. This serves three purposes: (1) It gives readers a window into the kinds of loans that we are placing, (2) It provides an example of how are loans are initially presented, and (3) It [...]
There’s something about equity
Thursday, May 19th, 2011Clay Sparkman
With a double dip real estate depreciation nationwide becoming fact in April, and now with the federal government threatening not to extend government backed financing options large (jumbo) residential loans, this market is hardly getting easier or more predictable. So you might ask, “How do we get private money loans done in today’s real [...]
How to invest in private money loans when real estate markets are uncertain
Tuesday, March 1st, 2011Clay Sparkman
We’ve been through nearly 3 ½ rough years in the real estate market—and projections seem to indicate that we will finally see clear up-turn in the second half of this year, but no one really knows for sure. We have managed to survive this down-time (thus far) and continue doing loans even in the [...]
Getting started with private money – the dating thing
Thursday, August 5th, 2010Clay Sparkman
I am frequently asked by private money investors: “… so how do we get started investing in private money loans?” You know, there is no simple answer to this question. I tell them that it is kind of like dating. If we are going to do this as an investor/broker team, then they need [...]
An interview with Grover W. Sparkman
Thursday, March 11th, 2010S. Clay Sparkman
Grover W. Sparkman is the President of Fairfield Financial Services, a company that he founded with his wife, Louise Sparkman, and a business partner in 1964. He has been involved in just about every imaginable aspect of private money lending and paper brokering for nearly half a century. He also works as a [...]
Rehab and construction loan FAQ
Monday, March 8th, 2010Clay Sparkman
One of the most promising areas at the moment for real estate investors, by all indications, is REO, rehab, and quick flip of properties. The opportunity to buy distressed properties at a low price point is evident in many markets. And yet it is difficult for most end-buyers (with a non-profit initiative) to take [...]
Is Oregon next?
Thursday, February 18th, 2010Clay 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 [...]
