The purpose of the guaranty has both legal and psychological sides. As a lender, it provides you with assurances while protecting the borrower's commitment through their guaranty. Even better, a personal guaranty holds the borrower's assets on this loan and the guarantor as an [...]
In California, the Code of Civil Procedure sections 580a, 580e, and 726 are anti-deficiency laws that forbid a lender from getting a deficiency judgment from a defaulter after there might have been a nonjudicial real property foreclosure. These statutes do not apply to guarantors. [...]
If private lenders are not informed about some issues, they won't be well-versed in certain rules and regulations about making deals. In this instance, solar power is gaining the most momentum in the United States in recent times, especially in homes. For instance, by [...]
Investing in real estate with private funds can be beneficial to both the private Lender and the investor. This guide defines private money lending, who can be a private lender, and the benefits and drawbacks. Private money lending is the alternative method of financing [...]
Property leasing comes with great responsibility, just as much as it brings great benefits. Unfortunately, operating outside these responsibilities, thus most times, ends up in court. This is why it is expedient to grasp the Landlord-Tenant Act fully. In Arizona, for instance, considering state [...]
Broker price opinions are a popular method for estimating real estate value, performed by real estate brokers or licensed individuals. It is often requested to evaluate the property's value before a sale or when securing a new loan. However, the comparative market analysis conducted [...]
While it is true hard money loans may not be difficult to obtain, but they are not often easy to comprehend. Nevertheless, to some extent, some of the most successful investors use hard money. This article explains why it is such a valuable tool. [...]
Seller carryback financing refers to an act in which a seller doubles as the bank or Lender in possession of a second mortgage on a property. The buyer makes monthly payments in addition to their first mortgage. This increases the house value and makes [...]
A Deed in Lieu of Foreclosure ("DIL") is a deed instrument that satisfies a loan, presenting a unique opportunity to avoid foreclosure and still satisfy both Lender and borrower. In this system, the borrower conveys all the interest in the property being secured to [...]
As a lender, there are vital pieces of information you need to know. The significance of a lien priority is to determine if a lender makes returns from collateral. It also determines the order of payment to creditors in the event of a foreclosure. [...]
