Top 10 Reasons to Use Hard Money

Having watched a lot of David Letterman Late Night shows, I realized just as he has his “Top 10 reasons”, there are the Top 10 Reasons To Use Hard Money

Need I say more…

#10. You had a recent Bankruptcy.
#9. You are currently in a bankruptcy.
#8. You had a short sale not too long ago..
#7. You had a foreclosure yesterday.
#6. You have been in a bankruptcy for a year, had 2 foreclosures of rental properties in the last 12 months and you are currently short selling your home (true story!!).
#5. Your home loan was just declined by the bank that approved you a month earlier for something on your credit report that was there from the start.
#4. You have written 11 [unaccepted] offers and now have a new best friend in your Realtor.
#3. 3 words: “Fourteen” – “Day” – “Escrow”! (I just did one in 7 days. My record is 4 days, and I would like the challenge to do it quicker!!)
#2. You are the “perfect loan” for a bank. Perfect credit, perfect income, big down payment. But you want to buy a dumpy property and fix it up. Banks hate dumpy properties.
And the #1 Reason… As a Family Owned and Operated Hard Money Licensed Lender for over 27 years – we say YES when others say no!