I just lately did an interview with Mortgage Skilled America. Under is an excerpt and a hyperlink to the total interview.
The inventory market is powerful, unemployment stays low, and charges have steadied—however none of that issues if customers can’t pay their payments. That’s the actual story behind the current uptick in foreclosures, in line with Glen Weinberg, managing associate at Fairview Industrial Lending.
“I’m form of feeling it within the economic system. I simply don’t have the info to again it up,” Weinberg stated.
Foreclosures filings jumped in October, in line with a brand new report by property knowledge and analytics agency Attom, rising by 20% in contrast with the identical time final yr.
We’re a Non-public/ Arduous Cash Lender funding in money!
If you happen to have been forwarded this message, please subscribe to our publication
Glen Weinberg personally writes these weekly actual property blogs primarily based on his actual property expertise as a lender and property proprietor. I’m not an armchair reporter/author. We’re an precise non-public lender, lending our personal cash. We service our personal loans and personal business and residential actual property all through the nation.
My day job is and continues to be non-public actual property lending/ laborious cash lending which permits me to have a novel perspective in the marketplace. I don’t settle for any paid sponsorships or advertisements on my weblog to make sure correct data. I’ve been penning this for nearly 20 years and have over 30k subscribers. Please like and share my blogs on linkedin, twitter, fb, and different social media and ahead to your mates . I might significantly admire it.
Fairview is a laborious cash lender specializing in non-public cash loans / non-bank actual property loans in Georgia, Colorado, and Florida. We’re acknowledged within the trade because the chief in laborious cash lending/ Non-public Lending with no upfront charges or another video games. We fund our personal loans and supply trustworthy solutions rapidly. Be taught extra about Arduous Cash Lending by means of our free Arduous Cash Information. To get began on a mortgage all we want is our easy one web page software (no upfront charges or different video games).
Written by Glen Weinberg, COO/ VP Fairview Industrial Lending. Glen has been printed as an knowledgeable in laborious cash lending, actual property valuation, financing, and numerous different actual property subjects in Bloomberg, Businessweek ,the Colorado Actual Property Journal, Nationwide Affiliation of Realtors Journal, The Actual Deal actual property information, the CO Biz Journal, The Denver Submit, The Scotsman mortgage dealer information, Mortgage Skilled America and numerous different nationwide publications.
Tags: Arduous Cash Lender, Non-public lender, Denver laborious cash, Georgia laborious cash, Colorado laborious cash, Atlanta laborious cash, Florida laborious cash, Colorado non-public lender, Georgia non-public lender, Non-public actual property loans, Arduous cash loans, Non-public actual property mortgage, Arduous cash mortgage lender, residential laborious cash loans, business laborious cash loans, non-public mortgage lender, non-public actual property lender, residential laborious cash lender, business laborious cash lender, No doc actual property lender
