Realty Biz

JUNE 20, 2023

Check the Title: A title search will reveal any liens or judgments on the property, which you would be responsible for if you purchased the property. You want a property with a clean title, or at least an understanding of what you're taking on. Alternatively, you may need to consider hard money loans or cash.

Due diligence 76

Due diligence Hard money loan Inspection Title 76

HomeLight

AUGUST 31, 2021

Plus, a physically foreclosed property will typically have its liens wiped out during the foreclosure process , so you know you’re typically getting a home with a clean title. However, sites like Auction.com warn that traditional financing might be hard to obtain when buying one of their homes due to their condition.

Pre-approval 111

Pre-approval Short sale Banks Finance 111

Marco Santarelli

DECEMBER 22, 2020

We consider interest-only loans to be a high risk unless you’re dealing with a real estate developer. Interest-only hard money loans would fall into this category. You don’t want to buy a mortgage note and get sued by someone else who had the title.

Mortgages 122

Mortgages Purchase and sale agreement Fixed-rate mortgage Loans 122

Marco Santarelli

AUGUST 16, 2024

Explore financing options: Research mortgages, hard money loans, and private lending options. Shop around for competitive interest rates and loan terms. Due diligence is paramount: Thorough inspections and title searches are essential to uncover potential liens or hidden issues.

Due diligence 52

Due diligence Purchase and sale agreement Renovation Title search 52

Housing Wire

FEBRUARY 25, 2025

The best hard money loans for real estate depend on your investment strategy, whether youre financing a short-term flip, a rental property or a large-scale development. Ill walk you through my top picks for the best hard money lenders in 2025 and explain how to choose the right lender for your specific needs.

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Hard money loan Loans Investor Lending 368