tag:blogger.com,1999:blog-33255068.post4371465146712395937..comments2023-11-02T05:18:21.296-07:00Comments on Bakersfield Bubble: Foreclosures everywhere! County reviewing 40,000 homesBakersfield Bubblehttp://www.blogger.com/profile/12663275045022347451noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-33255068.post-64607940351130499082008-11-25T11:45:00.000-08:002008-11-25T11:45:00.000-08:00What Is Hard Moneyand How Will It Benefit You? Hav...What Is <A HREF="http://www.hardmoneyloans.org" REL="nofollow">Hard Money</A>and How Will It Benefit You?<BR/><BR/> <BR/><BR/>Have you heard the term "<A HREF="http://www.hardmoneyloans.org" REL="nofollow">Hard Money</A>," but you're not sure what it means? Perhaps you know what it is, but you're unsure where to find it. Hard money is financial backing from private investors in the form of a loan. It is one of the best ways to get a business project off the ground, but you have to know how to obtain it the proper way.<BR/><BR/> <BR/><BR/><A HREF="http://www.hardmoneyloans.org" REL="nofollow">Hard Money loans</A>are often used for construction projects. Typically, the lender loans the money in stages. For example, let's say you own a plot of land and you want to develop it. A lender will agree to back you on the project. They will loan you a percentage of the money at the beginning of the project,more during the middle of the project and a final installment near the completion of the job.<BR/><BR/> <BR/><BR/>Lenders often pay the contractor for their work directly. For instance, once your contractor completes the foundation of the new building, the lender pays them a specific amount directly. Then, when the electricians finish wiring the building, the lender pays them directly as well. All contractors receive their payments direct from the <A HREF="http://www.hardmoneyloans.org" REL="nofollow">Hard Money lenders</A>.<BR/><BR/> <BR/><BR/>Private investors often prefer this approach because it gives them greater control over their money and their investments. You don't have to be a big real estate mogul to get <A HREF="http://www.hardmoneyloans.org" REL="nofollow">Hard Money</A> from investors. Many investors are willing to support many different types of projects. Private investors will financially back projects like single family residences, condos, townhouses, apartment buildings, hotels, motels, office buildings and shopping centers. However, they will not usually invest in undeveloped land.<BR/><BR/> <BR/><BR/>While <A HREF="http://www.hardmoneyloans.org" REL="nofollow">Hard Money lenders</A>are willing to loan to residential investors, they most frequently invest in commercial real estate. This is due to today's instability in the housing market. Commercial investments are simply a safer bet for recouping funds an investor puts into a project. Because of skyrocketing foreclosure rates in the modern housing market and property values dropping at record rates, there is considerably less risk involved for the investor in commercial projects.<BR/><BR/> <BR/><BR/>Commercial real estate is a very competitive market, but <A HREF="http://www.hardmoneyloans.org" REL="nofollow">Hard Money</A>investors are willing to buy properties, remodel existing structures and even build new properties. The commercial real estate market is still alive and well. In fact, today's commercial market is very similar to the residential market that profited so many people just a few years ago.<BR/><BR/> <BR/><BR/>Hard money lenders are still in the game. In fact, they are busier than ever because banks are making the lending process more exclusive than ever due to a record number of people defaulting on their loans. Knowing how the private lending process operates is half the battle when it comes to finding private investors for your commercial real estate project. With a little research and networking, you will find the perfect backer for the commercial real estate project of your dreams. The hard money for the project is out there; all you have to do is find it.<BR/><BR/> <BR/><BR/> <BR/><BR/><A HREF="http://www.hardmoneyloans.org" REL="nofollow">Contact Hard Money Lenders now!</A>Hard Money Lenders Direct in Californiahttps://www.blogger.com/profile/00257175826700717938noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-32004306776918952972008-10-07T16:48:00.000-07:002008-10-07T16:48:00.000-07:00california hard money lenders, california hard mon...<A HREF="http://hardmoneyloans.org" REL="nofollow">california hard money lenders</A>, <A HREF="http://fidelitymutualmortgage.com" REL="nofollow">california hard money lenders</A>, <A HREF="http://texaspriceleader.com" REL="nofollow">texas mortgage refinance</A>, <A HREF="http://businessnotary.com" REL="nofollow">california mobile notary</A>, <A HREF="1atm.org" REL="nofollow">atm machines for sale</A>Hard Money Lenders Direct in Californiahttps://www.blogger.com/profile/00257175826700717938noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-18005686736087588172008-10-07T16:46:00.000-07:002008-10-07T16:46:00.000-07:00good job, great articlegood job, great articleHard Money Lenders Direct in Californiahttps://www.blogger.com/profile/00257175826700717938noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-21134041670459808852008-04-07T19:57:00.000-07:002008-04-07T19:57:00.000-07:00Hey rob! I am still at all the regular blogs. It a...Hey rob! <BR/><BR/>I am still at all the regular blogs. It appears the story has been told locally - foreclosures set a new record (again)this month, prices down more, etc... If this keeps up I might be underwater on my years ago purchase - LOL.<BR/><BR/>One new tidbit - A former real estate moguls wife has applied for an $8 an hour job - pretty humbling experience. From a McMansion to McDonalds all in a year - BAHAHAHAHAHABakersfield Bubblehttps://www.blogger.com/profile/12663275045022347451noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-40901965439614844112008-04-07T18:43:00.000-07:002008-04-07T18:43:00.000-07:00Wassup bud? Nothing for a month?Wassup bud? Nothing for a month?Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-82262535044774790602008-03-31T14:38:00.000-07:002008-03-31T14:38:00.000-07:00How Greenspan screwed the pooch. Looks like his r...How Greenspan screwed the pooch. Looks like his retirement might have something to do with what he saw on the horizon.<BR/><BR/>http://money.cnn.com/2008/03/31/news/fed-backlash.fortune/index.htm?postversion=2008033113nddl04https://www.blogger.com/profile/14710269023029287847noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-83769669680326831502008-03-28T15:15:00.000-07:002008-03-28T15:15:00.000-07:00http://people.bakersfield.com/home/Blog/MoneyTalks...http://people.bakersfield.com/home/Blog/MoneyTalks/23938<BR/><BR/>Realtor "disputes" that the value of her home has fallen. That's rich.WaitingToBuyhttps://www.blogger.com/profile/12690998933095461105noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-15530448748210732232008-03-27T09:38:00.000-07:002008-03-27T09:38:00.000-07:00Have you seen this:http://ridgecrestca.com/article...Have you seen this:<BR/>http://ridgecrestca.com/articles/2008/03/18/news/top_story/news00.txt<BR/><BR/>But of course all those jobs aren't anywhere near Bpatch.Rinkevichjmhttps://www.blogger.com/profile/12020874424809729738noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-32052313706745597542008-03-15T09:30:00.000-07:002008-03-15T09:30:00.000-07:00Check out the California Tax Board list for the mo...Check out the California Tax Board list for the most delinquent taxpayers. Kent Hoggan is 7th on the list owing $5,775,389.44 in personal income tax.<BR/><BR/><A HREF="http://www.ftb.ca.gov/individuals/txdlnqnt.shtml" REL="nofollow">http://www.ftb.ca.gov/individuals/txdlnqnt.shtml</A><BR/><BR/>Also you can check out the Secretary of State website and run a search using Eagle Meadows in the LP/LLC section and see all of his companies. Looking at all of these I think we can expect a lot more defaults & foreclosures from him.<BR/><BR/><A HREF="http://kepler.sos.ca.gov/list.html" REL="nofollow">http://kepler.sos.ca.gov/list.html</A>Dwight K. Schrutehttps://www.blogger.com/profile/01739943484548217900noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-32833828224821909472008-03-08T07:45:00.000-08:002008-03-08T07:45:00.000-08:00Let's start a new government program of buying sur...Let's start a new government program of buying surplus houses and giving them to the needy. Because in this great country of ours there is no reason why everyone shouldn't have (you fill in the blank).<BR/><BR/>Or how about paying developers to plow under all their new construction and then subsidize them to not build?xs10shellhttps://www.blogger.com/profile/14612973840497735973noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-36209139054886458782008-03-06T19:21:00.000-08:002008-03-06T19:21:00.000-08:00The property tax thing is unlikely. I believe it t...The property tax thing is unlikely. I believe it takes 7 years before the County can lien the property. Property with active debt service typically will get the taxes paid before that. Hence all the vacant lots in Cal City constantly up for auction.hankmeisterhttps://www.blogger.com/profile/10861974954302854755noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-569439378507776082008-03-06T16:53:00.000-08:002008-03-06T16:53:00.000-08:00No, I've already explained this. Wait until the v...No, I've already explained this. Wait until the very last minute to file an appeal. Either a deep but fair cut in the hopes they just give it to you or a totally outrageously low number that you refuse to negotiate until it gets scheduled before the board.Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-5893457862943080922008-03-06T15:49:00.000-08:002008-03-06T15:49:00.000-08:00Has anybody been able to see what property tax pay...Has anybody been able to see what property tax payment defaults are like in Kern or LA County? I imagine this to be the next big story.Unknownhttps://www.blogger.com/profile/13857833962312995738noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-83164380448830890802008-03-06T10:02:00.000-08:002008-03-06T10:02:00.000-08:00Yes. $368,750.Yes. $368,750.Jon Vaughnhttps://www.blogger.com/profile/03084262314556674319noreply@blogger.comtag:blogger.com,1999:blog-33255068.post-47212220258975614002008-03-06T08:17:00.000-08:002008-03-06T08:17:00.000-08:00F H A New Limits for Kern ?F H A New Limits for Kern ?Realestateslasherhttps://www.blogger.com/profile/17951400717155909509noreply@blogger.com