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

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Private money according to Wikipedia

Friday, July 1st, 2016

Clay Sparkman It is never easy to come up with a universal definition/description of private money. I thought it would be interesting to see what Wikipedia had to say about it, so I looked it up and this is what I found: Here I have to say, I think *they* did a pretty good job […]

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Loan offering in Portland, Oregon

Tuesday, April 29th, 2014

Clay Sparkman We’ve had a lot of nice solid little loans come in lately. (As you know, we have a tradition of, from time to time, presenting one of the loans that we have placed or are in the process of placing, so that blog readers can (a) see the types of loans that we […]

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Rehab loan offering in Oregon

Thursday, October 3rd, 2013

S. Clay Sparkman We’ve had a lot of nice solid little loans come in lately. As you know, we have a tradition of, from time to time, presenting one of the loans that we have placed or are in the process of placing, so that blog readers can see (a) the types of loans that […]

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Finding qualified commercial private money borrowers

Monday, April 22nd, 2013

Clay Sparkman This item was originally posted on this site on 4/30/10. I had a sense that it might be relevant once again, and so I have rewritten it slightly and am posting here again. I hope you find it useful. Most private money investors choose to work with brokers.  However it is a decision […]

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Private loan packaging guidelines

Sunday, October 31st, 2010

Clay Sparkman One of my long term objectives with this blog is to eventually walk with you through all of the private money loan processes and procedures, from the moment of conception until death (death of course not being a bad thing in my chosen metaphor, but simply meaning loan payoff, workout, or foreclosure). This […]

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Question: what will it take to get the banks to lend?

Monday, June 14th, 2010

Clay Sparkman Back in January, in my post entitled, “Won’t somebody please call a plumber … the banks are clogged,” I addressed what I consider to be the essential question regarding what it will take to get the real estate economy on track and moving in the right direction assertively and with confidence again. And […]

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

Tuesday, January 5th, 2010

Clay Sparkman One of my dear good readers sent the following e-mail in response to my last post, Home strippers coming to a neighborhood near you. “Good topic Clay.  Now forgetting about us private lenders, the conventional lenders continue to be their own worst enemies.  They persist in bringing the properties to the city hall steps at […]

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Home strippers coming to a neighborhood near you

Tuesday, December 29th, 2009

Clay Sparkman Okay, so I was told that if I wanted to get more people to read my posts, I need to utilize attention grabbing headlines.  (How am I doing so far?)  Now I’d like to see a show of hands, and please be honest here, as this is purely for scientific purposes and the […]

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

Monday, October 19th, 2009

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 may guide investors in making the decision whether to foreclose a given […]

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

Thursday, September 24th, 2009

Clay Sparkman I thought it would be kind of fun, and hopefully informative, to write a piece about my likes and gripes regarding the business of private money lending.  In other words, these are the things that tend to kick start my emotions and get me going.  There is a bit of free association going […]

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