October Real Estate StatisticsMedian listing prices of homes down 1.76% from September 2022 & 8.36% down in last 12 months.Average time on market 51 days, 6 days more than last year.Share of homes with price reductions 20.9% compared to 10.6% last year.Inventory of homes for sale up 33.5% from a year ago, pending sales down …
September Real Estate StatisticsØ Median listing prices of homes down 1.3% from August 2022.Ø Average time on market 50 days, 7 days more than last year.Ø Inventory of homes for sale up 26.9% from a year ago, pending sales down 23.7% from last year.Ø Average 30 year fixed-rate mortgages have risen to over 7.0% (October …
August Real Estate StatisticsØ Median listing prices of homes dropped 3% from July 2022.Ø Average home sold for less that list price for first time in more than 17 months.Ø Supply of homes for sale up 27% from a year ago, and pending sales down 20% from July 2021.Ø Average 30 year fixed-rate mortgages with …
Federal Reserve last week increased interest rates for the fourth time in 2022. The previous three rate increases already have affected real estate lending rates for Private (Hard Money) Lenders. Borrowers – Should consider locking in private borrowing interest rates prior to another Federal Reserve increase expected in September. Any future Federal Reserve increase inevitability …
CGF – Investor Advantage1. Group Participation Loans – Costs less to participate as Investor.2. Monthly Interest Payments – Auto Pay to Investor bank.3. Annual investor interest rates ranging from 7% to 9%.4. Security – First Position Deed of Trust Real Estate Mortgage.5. Liquidity – Loan range from 6 to 24 months.6. Self- Directed Retirement Plans …
CGF Loan To Value AdvantagesLoan Analysis using Completed Loan to Value Ratios (CLV) along with standard LTV’s.Fix/Flip –Commercial Bldg-Remodels-Land Development achieve higher valued ratios.Borrower upside for better loan terms using estimated completed project values.Investors benefit with current & completed value components in their analysis.CGF’s Most Recently Funds Projects SubdivisionRemodel-Projected Flip Sept. 2022Fix & Flip-Loan $290K – …
Private lending hard money loans are real estate-based financing where borrower receive funds based on value of real estate. At CGF a borrower’s credit score, debt/equity ratio, employment, net worth etc. are minor factors in loan decision making process. Our analysis is primarily based on various LTV ratios (Loan to Value) where end of project …
Private Lending on real estate gives borrowers the advantage of interest only monthly payments, along with simplicity of qualifying for a loan within days, and funding soon after. With real estate still being a seller’s market private lending buyers can meet a seller’s funding needs quickly which in turn gives them a leg-up on buyers …
Private Money Loans – Getting the Real Estate Deal! Read More »
With many investment markets in flux, Real Estate investing is one commodity with an excellent historical track record of increased values. In 1855 the first real estate brokerage was established. Throughout the years real estate investments have created income streams for borrowers and investors in a multitude of ways. From 1855 real estate investing has …
CGF continues market share growth with investors & borrowers and looking 2022 forward with building on existing and new client relations. Our business model makes for aggressive & smart decisions to benefit borrowers’ profitability objectives along with investor real estate security. CGF listens to borrowers, tailoring each real estate project as a best fit scenario. …
