Financing Real Estate
by Florence Foote
| November 3, 2009
One study of mortgages during the Great Depression found that almost half of urban, owner-occupied homes (on which there was a mortgage) were in default by 1934. The government’s answer was to sponsor the creation of Fannie Mae in 1938 (or as it is really called, the Federal National Mortgage Association), which was, and [...]
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Real Estate
by Justin Pierce
| August 2, 2009
Last week I spoke with a private lender who loaned her own money and brokered here own loans. She operates in Northern Virginia and takes great interest in the borrower. Her operation is small and she does not have any time or desire to foreclose on a property thus she tries to ensure she will not have to by dealing with experience investors who have assets and usually money to put into the deal.
To get a little variation on this topic I spoke with a different flavor of private lender. David Williams is a hard money lender located in Utah. The differences between these lenders are more than just their geographical location.
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Joshua Dorkin
Charles Feldman
Ted Karsch.
U.S. Commercial Real Estate At Death’s Door; Next Shoe Ready To Drop
by Charles Feldman | November 3, 2009If there really is an economic recovery underway–no matter how weak–one sure thing that would kill it is a devastating collapse of the commercial real estate market.
And, I’m afraid, that is exactly what appears to be shaping up in the not very distant future.
A survey by the Real Estate Roundtable (which sounds like something out [...]