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

REO properties

Fix and flip big

Wednesday, August 21st, 2013

Clay Sparkman This is interesting. I had wondered why we have not seen as many REO type fix and flip property loans as I had expected. I was informed by an individual quite recently that they had read an article about two very large entities that were going to the banks and buying all of […]

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Private money investors: Mind the gap

Wednesday, May 8th, 2013

Clay Sparkman It is our opinion and the opinion of many others that banks, though they’ve bounced back in certain areas, have not picked up the slack when it comes to funding rehab, construction, and development loans. I have been on about this before, so I won’t go into great detail here. I think 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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Rehab and construction loan FAQ

Friday, February 15th, 2013

Clay Sparkman One of the most promising areas at the moment for real estate investors and brokers, by all indications, is REO, short sale, rehab, and quick flip 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 […]

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Draw process for rehab and construction loans

Wednesday, February 6th, 2013

Clay Sparkman We plan to do as many rehab and construction loans as we can this year. We see great potential in that area. Builders are under-building (by a substantial number of units, and going back 3+ years), and this is mostly because banks haven’t recovered to the point where they are comfortable doing construction […]

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What to look for in 2013

Thursday, January 24th, 2013

Clay Sparkman I rather enjoyed the following article in the www.thefiscaltimes.com (quite an impressive publication at first blush), and thought it would be a good one to share. “Ten Real Estate Trends to Watch in 2013” http://www.thefiscaltimes.com/Articles/2012/12/06/10-Real-Estate-Trends-to-Watch-in-2013.aspx#page1 The article begins by noteing that “national home prices have been on the uptick for eight straight months,” […]

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Better times are coming in real estate markets and here’s why

Saturday, October 29th, 2011

This Guest post by Jeff Lindikoff I hope you are enjoying the beautiful fall weather. It is certainly my favorite time of the year and good things are on the horizon for Real Estate Investors. We have been saying for most of this year that with an election year coming up, the government will make […]

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A story of adaptation: or how to survive and succeed in a challenging real estate market

Thursday, November 11th, 2010

The following is a guest post by Matthew Whitaker, Managing Member of Magnolia Partners, LLC and Golden Key, LLC.  I originally posted this article on my Broker Blog, but it occurred to me that it would be appropriate to post it here as well.   What I think a trust deed investor should take away from […]

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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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What does this mean to us?

Sunday, October 3rd, 2010

Clay Sparkman Okay, I don’t know about you, but whenever I read news about some new development in the real estate market, my first instinct is to say, “What does this mean to me?”  Hey I’m not proud of it, but that’s just how I’m wired. This past two weeks we read that: (1)  GMAC […]

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