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

Archive for October, 2011

Top Ten Ways you know it might be time to consider private money

Wednesday, October 26th, 2011

Clay Sparkman
This has been a tough four years for many of us, so in celebration of the anniversary of the sub-prime collapse, I thought it would be nice to start off  by having a little fun. With that in mind, I have prepared a top ten list, Top Ten Ways you Know it Might be [...]

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Auction Buyers Take Note

Monday, October 24th, 2011

Clay Sparkman
Most likely you have clients who buy distressed properties from time to time–with the intention of making a profit–and need a source of funding to fuel their activities. There are three common ways to buy distressed properties: pre-auction, auction, and post auction (generally referred to as REO). Most investors are forced to buy either [...]

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On the art of handcrafting loans

Thursday, October 20th, 2011

Clay Sparkman
As I pointed out in a previous mailing, our private money lending programs tend to be fairly rigid with regard to LTV requirements, but quite forgiving with regard to other issues. One of the nice things about private money is that it allows for creative problems solving. I have put many transactions together that [...]

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Our sweet spot … our wheelhouse

Thursday, October 6th, 2011

Clay Sparkman
There was November, 2007 and then there were the nearly 4 years now that followed. If you are an acting broker in this market it is because you are a survivor. Darwin’s theory—survival of the fittest—would have been more aptly named, survival of the most adaptable. If you are still here, then it is [...]

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