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

Posts Tagged ‘real estate’

Some interesting real estate and hard money loan articles

Wednesday, May 2nd, 2018

Clay Sparkman
As I go about my way, trying to make sense of real estate markets in various parts of the US and in the US in general AND trying to determine what that means for the private money loan business, I come across articles that I feel are probably share-worthy. In that spirit, I have [...]

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Greatest Promo Offer by Fairfield – Private Money Loans

Wednesday, December 6th, 2017

Clay Sparkman
We at Fairfield would like to run a special loan program to give this holiday season (and the sluggish period typically coming out of it) a kick in the butt. Hey, we can celebrate with our families and friends, and still get a few things setup and ready to go in 2018, right?
Here is [...]

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House flipping wisdom worth noting

Wednesday, August 16th, 2017

Clay Sparkman
I try to keep an eye out for good information on the status of property flipping. Here are a few things that I have come across recently.
With regard to the best cities for home flipping (as of May):
The 25 Best Cities for Flipping a House
Taylor Tepper at Money
May 25, 2017
http://time.com/money/4784913/house-flipping-best-25-cities/
Another article of a [...]

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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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Construction Loan Proposal

Wednesday, July 26th, 2017

Clay Sparkman
We have run this construction loan program on several occasions, and we are so excited about this specific niche that we are going to run a similar promotion in honor and celebration of summer.
As a private money construction lender, we’re able to provide a variety of creative solutions that are just not available via [...]

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Three potentially useful indicators of the likely movement of value

Wednesday, May 11th, 2016

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 so?” If you [...]

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Home flipping

Thursday, May 5th, 2016

Clay Sparkman
As you know, our sweet spot is for loans to real estate investors. In particular, we do a lot of fix and flip, fix and hold, REO, short sale , and new construction.
I feel that this recent Washington Post article, by Justin Pierce, “The four things you need to know to flip a home.” [...]

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Good news for real estate investors

Thursday, May 30th, 2013

Clay Sparkman
Well, if this isn’t good news, I don’t know what is:
http://us.news-republic.com/Web/ArticleWeb.aspx?regionid=1&articleid=9562167
It appears that now is the time to be investing in real estate and real estate loans. We finally have a turn-around market that might actually be *real* and might actually be steady.
Let’s hope it keeps going this way. There are so [...]

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Web based resources for the private money professional (re-post)

Friday, February 22nd, 2013

Clay Sparkman
I originally published this article in January of 2010. Two years later, I think it is as useful as ever. Thus the re-post (for those who missed it the first time around).

Today I will focus on a few web based tools that I have found to be useful in the business.
Let’s start locally [...]

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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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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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Getting high quality loan submissions that fit your programs via Lendicom

Thursday, October 11th, 2012

Clay Sparkman
If you are a broker or borrower of real estate secured commercial money, Lendicom may be of particular interest to you. This site is geared toward commercial lending, and allows borrowers and brokers to sign up and submit specific loan proposals to lenders who have also signed up online.
Presently we have a database of 200+ [...]

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In the way of good news

Monday, July 9th, 2012

Clay Sparkman

I am re-posting two short articles that I posted on the investor blog recently. Why? Because they are quite positive and credible in their outlooks, and I feel that we could all use a dose of optimism with regard to real estate markets about now. (It has been a long five years.)
Too good not [...]

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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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Getting Unstuck with Private Money

Friday, August 26th, 2011

It is often quite difficult for professionals to get a sense of what hard money is all about and to know when it is the best option for putting a transaction together. I have found that the best way to teach is by example. So to that end I will profile several loans here that [...]

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As goes Miami …?

Saturday, July 30th, 2011

Sorry to be so long away from you. I guess the lazy days of summer have been calling. I would like to share an article that I read recently in the New York Times.
http://www.nytimes.com/2011/07/27/business/affluent-buyers-reviving-market-for-miami-homes.html?pagewanted=1&_r=1
It seems that the Miami market, one of the worst hit during the real estate turn down, is on the mend, and [...]

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Example private money loan – turn of century coastal view home remodeling project

Tuesday, April 26th, 2011

Clay Sparkman
Because I have found that one of the best ways to learn is by way of example, I like to give frequent examples of actual loans that we have funded.  The following loan was funded quite some time ago, but is quite typical of the sort of thing that we are looking to do [...]

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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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Off the beaten path

Tuesday, April 12th, 2011

Clay Sparkman
Private money might well be thought of as a multi-purpose tool–a tool for getting those tough jobs done. You might imagine it to be a Swiss Army Knife, or better yet, a Leatherman Tool. It is not for those straightforward tasks that you encounter from day to day along the beaten path. It is [...]

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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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