{"id":660,"date":"2013-03-14T15:32:07","date_gmt":"2013-03-14T22:32:07","guid":{"rendered":"http:\/\/privatemoneysource.com\/broker-blog\/?p=660"},"modified":"2013-03-14T15:32:07","modified_gmt":"2013-03-14T22:32:07","slug":"what-the-media-is-saying-about-private-money-markets","status":"publish","type":"post","link":"https:\/\/privatemoneysource.com\/broker-blog\/?p=660","title":{"rendered":"What the media is saying about private money markets"},"content":{"rendered":"

S. Clay Sparkman<\/em>
\nI spend plenty of time cruising the web for interesting articles that are relevant to the current state of hard money lending, brokering, and borrowing. I don\u2019t always agree with everything I find, but it is useful to evaluate varying points of view, and I certainly wouldn\u2019t pass along any article that I felt was seriously off the mark. So, here are a few that you might want to look at:
\nFrom that essential resource, The Scotsman Guide: \u201cThere are five key things brokers must keep in mind when seeking new construction loans from hard-money lenders.\u201d
\nhttp:\/\/www.scotsmanguide.com\/default.asp?ID=4860<\/a>
\nFrom the Wall Street Journal: \u201cAs banks continue tightening their purse strings, hard-money lenders are pouncing on the opportunity to lend to shunned borrowers.\u201d
\nhttp:\/\/blogs.wsj.com\/developments\/2011\/07\/21\/explaining-the-methods-of-hard-money-lenders\/<\/a>
\nFrom the Puget Sound Business Journal: The pace of multifamily investments in the greater Seattle area shot up 87 percent last year, and that growth is expected to continue in 2013.\u201d
\nhttp:\/\/www.bizjournals.com\/seattle\/news\/2013\/02\/28\/apartment-market-running-on-all.html?ana=e_vert<\/a>
\nFrom a blog, \u201cShort Sale Superstars\u201d: \u201cThe extended recession in the US has left many homeowners remain in a position where they cannot\u00a0patch up their mortgage. As these homeowners look for a good way to keep their\u00a0properties many come across the term hard money loan. The natural idea is to think that a hard money loan could possibly allow you to refinance your home and keep it.\u201d
\nhttp:\/\/shortsalesuperstars.com\/profiles\/blogs\/is-a-hard-money-loan-an-option-when-experiencing-foreclosure<\/a>
\nFrom PRWeb: \u201cAfter tentatively testing the water in 2011, Private Money<\/a> increased their overall lending for commercial real estate throughout the country in 2012 with total loan origination at year-end up 9% year-over-year. Multifamily property loans showed the biggest gain, ending 2012 up 22% from 2011. Surprisingly, retail property showed great recovery with loan origination up 17% year-over-year.\u201d
\nhttp:\/\/www.prweb.com\/releases\/commercialprivatemoney\/privatemoneyloanslenders\/prweb10510061.htm<\/a>
\nSo there you are. I hope you found some of these articles to be interesting or useful, or both. I encourage you to share with the group any articles that you feel might be appreciated here. Likewise, feel free to comment on the articles I just posted.<\/p>\n

— Clay (clay@privatemoneysource.com, 503-476-2909)<\/p>\n

Clay is Vice President of Fairfield Financial, a primary source for private money since 1964.\u00a0 Fairfield is currently targeting loans in Oregon and Washington, with potential to loan in:\u00a0 AK, CA, CO, ID, FL, GA, ID, MT, NV, NY, OK and TX.\u00a0 To submit a loan to Fairfield for consideration: <\/em>http:\/\/www.privatemoneysource.com\/loanproposal.php<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

S. Clay Sparkman I spend plenty of time cruising the web for interesting articles that are relevant to the current state of hard money lending, brokering, and borrowing. I don\u2019t always agree with everything I find, but it is useful to evaluate varying points of view, and I certainly wouldn\u2019t pass along any article that […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_s2mail":""},"categories":[2,4,5,9,15,17,24],"tags":[32,36,37,38,39,42,43,44,45,46,50,54,55,56,57,58,61,62,63,64,65],"_links":{"self":[{"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=\/wp\/v2\/posts\/660"}],"collection":[{"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=660"}],"version-history":[{"count":0,"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=\/wp\/v2\/posts\/660\/revisions"}],"wp:attachment":[{"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}