2.9.2013 – First Time Home Buyer News

Don't let lack of funding or a slow moving loan process keep you from buying your dream home!

Buying your first home can come with mixed emotions. It can be exciting, fun, scary and also be stressful. Not only is applying for your first home loan a learning experience it can also be a slow process. That’s okay, if time is on your side, but in many cases, it simply is not. Although active and prominent first time home buyers are a sign of increased health in the market, they are currently facing some issues. Because the market is getting healthier with less foreclosures and more sales, supply is diminishing.

Along with less property availability, first time home buyers are finding it is not just them racing to purchase. They are having to compete with financially sound investors with cash in hand, ready to buy on the spot. Because first time and many other groups of home buyers have to rely on a bank loan for financing they are often pushed out of the race. The slow processing time makes someone applying for a home loan no match for an investor that can pay full price immediately in cash. After all that extra time spent waiting, the borrower may not even get the loan, due to the stringent guidelines and criteria traditional banks are required to abide by.

The article at the link below highlights the current market and the large number of first time home buyers present. It explains more about their situation, including the competition they are currently faced in the marketplace.

First Time Home Buyer’s and Their Issues in Today’s Market

Even if you qualify for a traditional bank loan, you may need a loan fast in order to compete with investors or other eager buyers for the property you want. Source Capital not only offers loans to those with challenged credit, but they are also a resource for those needing money fast. Don’t let a little time get in the way of you owning the home of your dreams. Contact Source Capital to find out your options and be a competitive force in the changing real estate marketplace.

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout Arizona and California. Source Capital lends in all major cities in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale and also in California, including San Francisco, San Diego, Los Angeles, Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside. If you need a loan fast and want a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor, contact us  at 858.705.6144. You can also email us using this convenient online form.

You can learn even more about us on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. This is a special weekend edition of our blog. It’s Saturday night and I hope you had a great day and enjoy the rest of your weekend! –Sindi Somers

2.8.2013 – Keep Warm this Winter

Even if you don't live in snow country, you may need help keeping your home warm.

Most parts of the country have gotten at least a little share of extreme cold this winter. Not only can it be challenging for us, but it can also be problematic for houses and other buildings.

Below is a link to a Los Angeles Times article with helpful ideas on how to help protect your home and keep it safe and warm this winter.

Tips for a Safe and Warm Home

Not only does preventative maintenance bring more comfort to those in a home, it also can greatly cut costs. It is a proactive way to help keep issues from magnifying and becoming more dangerous and expensive. If you have thinking of fixing up your home such as, redoing plumbing, adding better insulation or something else that you are having a hard time affording, consider Source Capital as your funding source. That’s right! We provide construction loans too!

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout Arizona and California. We handle private funding for all different types of construction projects, including weather proofing your home. Source Capital Funding also delivers residential and commercial trust deed loans. Source Capital lends in all major cities in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale and also in California, including San Francisco, San Diego, Los Angeles, Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside. If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor, contact us  at 858.705.6144. You can also email us using this convenient online form.

You can learn even more about us on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. It’s Friday! I hope you have a great weekend and stay safe and warm out there… and in your home! –Sindi Somers

2.4.2013 – Arizona Construction

If you need funding for a construction project in Arizona or California, call Source Capital!

Their are many aspects to the real estate industry. Buying and selling, property management and other aspects having to do with completed commercial and residential dwellings. Another important sector helps create opportunities. Opportunities for those that buy, sell and manage. It also helps to create new jobs. I’m talking about the field of construction.

This may be true anywhere new homes and high rises are being built, but according to the Phoenix Business Journal article at the link below, it is definitely apparent in Phoenix, Arizona.

More Jobs Thanks to Phoenix Construction

Whether you are the one doing the construction, or you will be hiring construction workers, Source Capital may be able to help you get the financing you need. As a private lender, we offer construction loans in Phoenix and throughout Arizona and California. We also loan to those wishing to purchase a completed home or commercial building. Even if you haven’t been able to qualify for financing based on the criteria set by traditional banks. Don’t give up your dream before at least giving Source Capital a chance to help you!

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout Arizona and California. We handle private funding for construction projects, as well as both residential and commercial trust deed loans. Source Capital lends in all major cities in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale and also in California, including San Francisco, San Diego, Los Angeles, Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside. If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor, contact us  at 858.705.6144. You can also email us using this convenient online form.

You can learn even more about us on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. I hope your week is off to a great start! –Sindi Somers

2.1.2013 – Dow Jones Home

San Diego County’s Rancho Santa Fe is a beautiful and prestigious area. A number of billionaires are reported as having homes there, including Microsoft Founder, Bill Gates. Below is a UT-San Diego article about a couple from a well known family with their home up for sale. Click the link to see the home belonging to members of the family that used to own Dow Jones & Company.

Family of Former Owners of Dow Jones & Company’s Rancho Sante Fe Home

You can view more Rancho Sante Fe homes, as well as others on the market in California and Arizona at Trulia.com. Just click the link below.

Homes in Rancho Sante Fe and Elsewhere in California for Sale

Rancho Sante Fe is just one of the many beautiful areas of San Diego County. Check out the amazing skyline!

Whether in the market for an estate in Rancho Sante Fe, a home in Los Angeles or an office building in San Francisco, Source Capital may be able to help. As a private lender, we offer trust deed loans to many who don’t qualify for financing based on the criteria set by traditional banks. We offer construction loans too!

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout California and Arizona. We handle both residential and commercial trust deed loans, as well as private funding for construction projects. Source Capital lends in all major cities in California, including San Francisco, San Diego, Los Angeles,  Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside and also in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale . If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor, contact them at 858.705.6144. You can also email us using this convenient online form.

You can learn even more about us on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. Welcome to February! I hope you had a good week and that your weekend is a good one too! –Sindi Somers

1.29.2013 – Housing Market Recovery

As the housing market improves, you may see more new construction. Did you know that Source Capital gives construction loans too?!

If you follow this blog, you have seen reports of a recovering United States real estate market. It has been widely confirmed and is apparent in many areas. The market seems more active and healthier, with no signs of going backwards.

I found the article at the link below posted online earlier today by the Union Tribune San Diego. Although it shares views about the increasing health of San Diego real estate, it also includes information about other areas of the country, including Phoenix, Arizona.

Union Tribune San Diego Article Featuring the Recovering Housing Market

Whether in the market for a house, office building or vacant lot or you need a construction loan, Source Capital may be able to help. As a private lender, we offer trust deed loans to many who don’t qualify for financing based on the criteria set by traditional banks.

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout California and Arizona. We handle both residential and commercial trust deed loans, as well as private funding for construction projects. Source Capital lends in all major cities in California, including San Francisco, San Diego, Los Angeles,  Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside and also in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale . If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor, contact them at 858.705.6144. You can also email us using this convenient online form.

You can learn even more about us on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. Hope you are enjoying your last week of January. I can’t believe Friday is the first day of the second month of the new year. Have a good one and take care, all! –Sindi Somers

1.27.2013 – A Dream, Dream Home

Beautiful San Francisco Bay could be your view!

I came across an article today that reports an extremely high end property has sold for the price of $117.5 million. It is described, as a nine acre estate in Silicon Valley overlooking the bay. Can you imagine what this San Francisco Bay Area piece of real estate must include to carry that kind of price tag?! That is definitely a dream home to dream about!

You can read the article in its entirety at the link below.

One of the highest priced properties on market sells in San Francisco.

Whatever your dream home looks like, we would like to help you get it!

Whether you are looking for the mansion of your dreams or a fixer-upper to help you invest in your future, private money is available. For those in the market for a home or commercial property in California or Arizona, you are in luck if you are struggling to obtain financing. Unlike traditional banks, private lender, Source Capital looks at the big picture. This opens the door for buyers who have experienced financial hardships or other situations leading to low credit scores and bad credit ratings. Based in San Diego County, Source Capital has hard money loans available. Whether you have experienced a bankruptcy, short sale, an abundance of medical bills or are self-employed and considered a high credit risk, Source Capital would like the opportunity to earn your business.

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout California and Arizona. We handle both residential and commercial trust deed loans, as well as private funding for construction projects. Source Capital lends in all major cities in California, including San Francisco, San Diego, Los Angeles,  Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside and also in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale . If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor, contact them at 858.705.6144. You can also email us using this convenient online form.

You can learn even more about us on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. I hope you have enjoyed your weekend. Here’s to a great week ahead! –Sindi Somers

1.20.2013 – More Buyers

Buying patterns impact any market.

As I have posted in previous blogs, the real estate market looks different from last year. In most cases, healthier. Today I found a Union Tribune San Diego article that further confirms this sentiment. The article includes one report of their being twice as many buyers this month, than in January of last year.

Regardless of the industry, it always comes down to supply and demand. The number of buyers and their activity level determine the price and the health of a particular market.

You can read the article in its entirety at the link below.

More Buyers Means More Changes for the U.S. Real Estate Market

If you are working towards becoming one of the many other buyer’s in today’s real estate market, you will need funding. If you are looking to purchase in California or Arizona and have been turned down by traditional banks, your buying journey doesn’t have to stop there. A private money trust deed loan with Source Capital, may be the financing option that works best for you.

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout California and Arizona. We handle both residential and commercial trust deed loans, as well as private funding for construction projects. Source Capital lends in all major cities in California, including San Francisco, San Diego, Los Angeles,  Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside and also in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale . If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor, contact them at 858.705.6144. You can also email us using this convenient online form.

You can learn even more about us on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter.  I hope you are enjoying your weekend. Some of you will have tomorrow off in honor of Martin Luther King Day. Whether or not you are working, I hope you are able to have some time to reflect on the important messages that Dr. Martin Luther King shared with us. For information about Martin Luther King celebrations in your area try my favorite search engine, Google. –Sindi Somers.

1.17.2013 – Ten Trends to Watch

Much like a Monopoly game, the real estate market is not 100% predictable.

I am continuing my theme of exploring perspectives of the new year and what is in store for the real estate market in 2013. Many predictions have been shared, but it seems that there isn’t too much disagreement among experts. Prices are on the rise and the market is healthier than it has been in years.

The article I am sharing today includes a compilation of ten real estate market trends to pay attention to in 2013. Although it supports opinions reported on other similar lists I have found, it also features some new concepts that haven’t been as widely publicized.

Published on The Fiscal Times website, this article predicts an increase in first time home buyers and a higher number of short sales. Those are just two items on their list that were educational for me. Others include predictions regarding construction loans, credit standards and interest rates. You can click the link below to read this article in its entirety.

Predicted Trends to Watch in 2013.

Regardless of what happens to the real estate market and traditional banks, private lender Source Capital will be here for you if you are in need of their services. If you are looking to purchase property in  California or Arizona, you will need funding. If you are like most buyers, and unable to pay cash outright and you additionally have been turned down by traditional banks, a private money trust deed loan with Source Capital, may be your answer.

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout California and Arizona. We handle both residential and commercial trust deed loans, as well as private funding for construction projects. Source Capital lends in all major cities in California, including San Francisco, San Diego, Los Angeles,  Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside and also in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale . If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor, contact them at 858.705.6144. You can also email us using this convenient online form.

You can learn even more about us on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter.  We have just about arrived at another Friday. I hope you enjoy yours! –Sindi Somers.

1.14.2013 – California Price Spike

Southern California real estate prices may soar sky high in 2013, according to some experts.

Each day that I write a blog post for private lender Source Capital, I research to see what’s new in real estate. As I find and share 2013 predictions for the Arizona and California real estate markets, what I have found is the seemingly growing opinion that prices will rise, and rise significantly.

Price increases are a sign of a change in supply and demand. It also represents an active marketplace and the possibility of improved economic health. We have grown so used to hearing about the “buyer’s market,” that regardless of warnings, it seemed it would remain, as it has been forever. Not so, as proven by the already higher property prices and reduced selection.

The seemingly redundant 2012 term, “buyer’s market,” may soon be replaced with terms favoring the seller. As with anything, not all experts agree that the switch will happen, as quickly, if at all. However, I have read an abundance of articles supporting this prediction, so I believe this mode of thinking does deserve support.

Below is an article featuring one real estate investor’s take on the southern California market in the new year.

Southern California Real Estate Price Spike Predicted for 2013.

If you are looking to purchase property in  California or Arizona, you will need funding regardless of the state of the market. If you can’t pay cash outright and have been turned down by traditional banks, a private money trust deed loan with Source Capital, may be your answer.

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout California and Arizona. We handle both residential and commercial trust deed loans, as well as private funding for construction projects. Source Capital lends in all major cities in California, including San Francisco, San Diego, Los Angeles,  Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside and also in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale . If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor, contact them at 858.705.6144. You can also email us using this convenient online form.

You can learn even more about us on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter.  Happy Monday, everyone! I hope your week is off to a great start! –Sindi Somers

1.12.2013 – Arizona Update

In recent posts I have been sharing articles from various real estate experts to help shed light on possible outcomes of the 2013 real estate market. I have found much agreement about the positive upswing of the United States market, as a whole, as well as details about specific city and state markets.

A part of Arizona's beauty is the cactus.

Source Capital is licensed to handle private money loans in both California and Arizona. Since my last post featured California and the expected health of the San Francisco housing market, I thought it was time to research Arizona. Below is a link to an article that shares reflections on the 2012 Arizona market and predictions for 2013. One significant point mentioned is that some areas of the state’s capital of Phoenix, have shown price increases of up to 28 percent over the past year.

Click this link to read the Arizona real estate article in its entirety.

If you are looking to purchase a home or other property in Phoenix, or anywhere in Arizona or California, and are in need of funding, a private money trust deed loan with Source Capital, may be your answer. Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout California and Arizona. We handle both residential and commercial trust deed loans, as well as private funding for construction projects. Source Capital lends in all major cities in California, including San Francisco, San Diego, Los Angeles,  Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside and also in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale . If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor, contact them at 858.705.6144. You can also email us using this convenient online form.

You can learn even more about us on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter.  Here in San Diego, California, it is an unusually cold weekend. Wherever you are, I hope you are staying warm or cool, whatever is most comfortable. As we near the end of the second week of the new year… enjoy! –Sindi Somers