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

Investor perspective

Five potentially useful indicators of the likely movement of value

Wednesday, August 9th, 2017

Clay Sparkman
Any good real estate investor should be attempting  to assess whether property values are rising, falling,  or holding in the area of his/her latest potential investment. After all, the core question when buying investment property (particularly short-term) is, “what is value likely to do in the next year or [...]

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Visualizing the industry

Thursday, May 19th, 2016

Clay Sparkman
With regard to forward thinking (that is, how is the industry changing?): I thought you might appreciate this article, Private Lending Sector Making Big Noise for Real Estate Investors, by Ben Stoodley:
Here
Certainly he is correct with regard to his interpretation of current trends, and one must wonder how far this might all go.
Comments are [...]

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Trust deed lending – ten mistakes you should never make and ten mistakes you must never make

Thursday, March 28th, 2013

I first published this post on The Private Money Investor Blog on Dec 19, 2009. It is clearly directed toward a private money investor audience. However, from time to time, I like to post articles on this blog which give more of that particular perspective. If you really wish to understand the private money lending [...]

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What exactly do you want me to do for you?

Monday, March 11th, 2013

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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Investing in real estate in 2013: Three articles you should read

Thursday, January 31st, 2013

Clay Sparkman
On occasion, I try to publish links to articles that are relevant, useful, and interesting. Here are three articles which give useful perspective on the matter of investing in real estate in 2012—each from a different perspective.
A money.cnn article on how to find real estate opportunities in 2013:
http://money.cnn.com/2012/12/01/real_estate/housing-outlook-2013.moneymag/index.html
Dailyresearchhunter.com on global real estate investing:
http://dailyresourcehunter.com/universal-language-moneymaking-real-estate/
An investopedia.com [...]

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Private Money – The Rules of Physics May Not Apply

Wednesday, December 12th, 2012

This article was published in The Scotsman Guide as “2 Private-Money Myths: Debunked” back around the time when the sub-prime market was just beginning to collapse.  I thought it might be of interest to some of you on this blog, and so I’m posting a slightly different version here.

Clay Sparkman

I would like to make [...]

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Good news for real estate markets: could this be the actual turn around we’ve been waiting for?

Monday, November 12th, 2012

Clay Sparkman
During the past five years we’ve–most of us who make our money in the real estate market (in one way or another)–had a pretty rough time. Certainly, few of us ever anticipated that we were in for a slump of five+ years. And, of course, there have been the false-starts along the way (several)—real [...]

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A private money loan prospectus – Hood Canal, Washington

Monday, September 24th, 2012

Clay Sparkman
(In October of 2011, I posted this item on my Private Money Investor blog. I thought it might be useful to brokers as well—the idea being so that you may (a) see how we present loans to our internal working investors, (b) gain perspective on our entire private money loan process, from start to [...]

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Make your borrower’s projects and submissions More robust

Monday, March 26th, 2012

Clay Sparkman

In the current climate, it’s getting harder than ever to impress potential lenders with your client’s loan scenarios. It may be that times have changed permanently and that it will be years before lenders return to their pre-2007 comfort level. Until then I thought I would make some suggestions to help you to re-think [...]

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What’s Going On Out There?

Friday, February 3rd, 2012

Clay Sparkman
With the decline of real estate prices and concern about the global economy, there is a lot of speculation regarding the timeline of this recession. In conversations with brokers, investors, and developers throughout the country, the topic often turns to one common question: what’s going on out there? I’ve heard what the experts say, [...]

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

Tuesday, April 19th, 2011

Clay Sparkman
This article was originally posted on my lender blog in January of 2010.  Now, some 15 months later, it still seems pretty much timely,  That worries me.  I’d like to hear your thoughts on this matter.  You brokers are the real experts.  Please give voice.

One of my dear good readers sent the following e-mail [...]

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Resources – show me the good stuff!

Tuesday, March 29th, 2011

Clay Sparkman
I have long searched for resources that might be useful to those who wish to learn more about private money and hard money loans, and in the process I have become increasingly convinced that our particular niche field is somewhat of an intellectual/informational wasteland.  Every time I stumble upon an article or site that [...]

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How to broker private money loans when real estate markets are uncertain

Sunday, March 6th, 2011

Clay 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 (all who are still present please take a moment [...]

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The private money lending business: likes and gripes (part III)

Friday, February 4th, 2011

Clay Sparkman
I finished Part II with a brief mention of something I quite like about the trust deed system: that is, the option (generally available) to foreclose judicially.
Before moving on, I’d like to offer you a crude little decision tree which shows how investors might go about making the decision whether to foreclose a given [...]

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The private money lending business: likes and gripes (part II)

Thursday, January 13th, 2011

Clay Sparkman
In Part I, I began a discussion of my gripes and likes regarding the private money lending business and various industry related matters, items, and issues.  I allowed myself to amble a bit far afield and concluded by mentioning a book about the legal profession which I personally found to be informing and entertaining.  [...]

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The private money lending business: likes and gripes (part I)

Wednesday, January 5th, 2011

Clay Sparkman
Awhile back I published a 3-part post on my Private Money Investor blog regarding my personal likes and gripes as a purveyor in of private money.  This has been my sole job for the past 20 years.  Who wouldn’t want to go rant and rave publicly about their job?  I guess I could have [...]

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Less Grumbly – A Follow-up to ‘grumblings of a slum lord in the post-bust environment’

Wednesday, October 13th, 2010

This Guest post by Brian Blum, Operating Manager of Maverick Structures LLC,
is  a follow up to an earlier post
Sure, we each have “teams” of lawyers, Realtors, title agencies, finance people, insurance agents, and contractors working with us, but don’t kid yourself – real estate investing is largely an individual sport.  Many investors have neither receptionists [...]

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Grumblings of a slum lord in the post-bust environment

Friday, September 24th, 2010

Guest post by Brian Blum, Operating Manager, Maverick Structures LLC
I’m a real estate investor.  I see opportunities in buildings – and in numbers, and I use those opportunities to create income and equity.  What I do benefits society, but I’m not going to lie to you – I am driven to do it for my [...]

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A view from the other side

Friday, September 17th, 2010

Clay Sparkman
Over a year ago, well before I started pecking away at this blog, I began blogging about private money and private money issues from the investor perspective.  Naturally this blog is called The Private  Money Investor.
It deals with all aspects of investing in private money loans and hard money loans secured by trust deeds [...]

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When life gives you lemons …

Thursday, September 9th, 2010

Clay Sparkman
I recently posted this article on my investor blog, The Private Money Investor. Even though the article is targeted toward investors who put their money into private money loans, I think it is appropriate to post it here.  After all … just look around you … this is where the game is.
I have [...]

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