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Robert Zolatn's Blog

By Robert Zolatn | Mortgage Broker
or Lender in 91601
  • Lending hard money in Vallejo California

    Posted Under: Financing in Vallejo  |  August 3, 2010 11:59 PM  |  1,048 views  |  No comments

    This create a very desirable playing field for hard money lenders to invest again that is evidence on http://www.lendinguniverse.com where hard money brokers double and triple their lead purchases of under 63% LTV. The latest real estate properties in Vallejo California seemed to bottom at about $182,000. Real estate maiden  prices  ranging $327,600 and more seem to be moving slightly down in the same city.   

    Early on this year the most they will go was 50%-55% Loan -to- Value on any real estate but with the renewed optimism evidence by  prices stabilizing and no longer diving here. more  and more investors are willing to look at investing in equity trust deeds. This is only true to non owner occupied and commercial loans. Consumer loans secured by the principal own dwelling are being considered with reservation by private hard brokers because of many  consumer protection rules which make it  hard to invest by exposing the investors to potential legal challenge.

 
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