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Hard Money Loans Can Grow Your Income

Are you good with numbers and great with people? The professional world is your oyster. It’s no surprise that many people with these skills go into finance β€” the growth opportunities in mortgage loan origination are often just too...

HOW TO GET RID OF REAL ESTATE FORECLOSURE SITUATIONS

What exactly is foreclosure? Foreclosures are a result of borrowers being unable to pay home loan payments. Usually, property foreclosures take place when there is a court or trustee action which involves a home loan company, a lender, or perhaps a mortgage holder...

ADVANTAGES AND DISADVANTAGES OF HARD MONEY LOANS

Who Should Use a Hard Money Loan? Because of various reasons, hard money loans are the primary choice for real estate investors. Fast funding needs are the primary reason to use a hard money lender. It has been seen in many situations hard money loans can be funded...

ONE OCCUPANCY

In 1940, the percentage of one-person households in the USA was 7.7%, by 1960 it was 13.3%, and by 1980, 22.7%. In 2000, the rate was 25.8% and in 2016, 28.1%! DC has the highest percentage of one-person households at 42%, followed by RI at 31.8% and MT at 31.5%....

SIMPLER STARTS

While May housing starts rose 2.9% compared to April, 8.9% Y-o-Y, and 12.2% YTD, sales were weak in 16Q1 making comparisons easy. Critically, the median new home price surged 16.5% Y-o-Y to $345,800 while the average jumped 16.1% Y-o-Y to $406,400, both records....

SEATTLE SLEW

Seattle raised its minimum wage from $9.47/hour to $11/hour in 2015 and $13/hour in 2016. While the first increase had minimal employment impact, the second damaged low-wage workers. At $13/hour, the number of low-wage hours worked declined by a whopping 9%, while...

RATE REPRIEVE

Two weeks ago the Fed met and, unsurprisingly, gave no indication that a rate rise was is the offing; inflation is too weak. Instead, the Fed strongly suggested they will commence reducing their holdings of long-dated debt following their meeting in mid-September. If,...

CAPSTONE FINANCIAL ADDS NEW OPERATIONS MANAGER

Scottsdale, AZ – Capstone Financial announced today Trisha Toenjes has joined the firm to further develop their national loan origination operations. Trisha Toenjes comes with a wealth of experience within the real estate and private lending field. Joining in advance...

CAPSTONE FINANCIAL ADDS NEW FINANCE MANAGER

Scottsdale, AZ – Capstone Financial announced today Esther G. Hernandez has joined the firm to further develop their growing portfolio of regional and national finance accounts. Esther G. Hernandez comes with a wealth of experience within the field, having spent the...

POWERFUL PAY

Despite confusion wrought by hurricanes Harvey and Irma, September's employment report was stellar. Upward revisions to wage growth totaling three-tenths-of-one-percent for July and August and a 0.5% rise in September suggest wages are rising! Moreover, the...