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 noting that “national home prices have been on the uptick for eight straight months,” […]
Analysis
Private Money – The Rules of Physics May Not Apply
Wednesday, December 12th, 2012This 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 […]
Good news for real estate markets: could this be the actual turn around we've been waiting for?
Monday, November 12th, 2012Clay 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 […]
Hard Money – Not As Expensive As You Think
Wednesday, August 22nd, 2012Clay Sparkman We’ve had a lot of developers call us over the years to talk about construction loans for single-family homes (or fix and flip type properties). They’ve traditionally gone through banks and have enjoyed rates as low as 7% for their projects. However, these days, some of those banking relationships aren’t there anymore, so […]
Make your borrower's projects and submissions More robust
Monday, March 26th, 2012Clay 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 […]
What's Going On Out There?
Friday, February 3rd, 2012Clay 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 […]
A few useful and interesting resources for private money profesionals
Thursday, November 10th, 2011Clay Sparkman These days–with uncertain markets—tools and resources which provide us with information and data are more crucial than quite possibly ever before. I am always trying to find more resources that will be of use to both me and readers of this blog. Here are a few items that have popped up lately. ALTOSResearch […]
As goes Miami …?
Saturday, July 30th, 2011Sorry 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 […]
Won’t somebody please call a plumber … the banks are clogged
Tuesday, April 19th, 2011Clay 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 […]
Calling all rehabbers, short sale buyers and quick flip artists
Saturday, October 2nd, 2010Kris Gillmore and Clay Sparkman Over the past three years we’ve all watched real estate prices come crashing down, in many cases forcing lenders to foreclose and take back the property. Although this is a sad misfortune for some, it is a tremendous opportunity for others. With regard to quick-flip investment property, I have always […]
