Does Our Government Really Hate US? Really?

What's wrong with our economy?

One of the technical terms used when evaluating a healthy economy is a term called velocity of capital.  What this means is how fast  money is moving around from one person to another,  or defined as "The velocity of money is the rate at which money is exchanged from one transaction to another and how much a unit of currency is used in a given period of time. Velocity of money is usually measured as a ratio of GNP to a country's total supply of money.”

 

As you can see from the above graph the Velocity is on a steady decline.  So what causes the drop? My opinion is that there are two main reasons:

1. People (consumers) have stopped spending money.   They are sitting on a boat load of cash and they are in a wait and see mode. 
2. The second reason why there is a decline is that the government has put up road blocks to keep spending money.  One of the biggest road blocks enacted are the Dodd-Frank Regulations  that are making it extremely difficult for individuals to purchase homes. 

When someone purchases a home it's not just the seller and buyer who are happy.  There are those downstream of this  closing  that are going to be happy when the home closes.  Typically the listing and selling agents are happy, but there are others who also benefit from this happiness and make a living off of the sale.  Sure the buyer is happy, they have their dream home they always wanted, and the seller is happy since the can move to their next home,  or maybe get rid of the current home.  It's going to be a Happy, Happy, Happy fest.  The agents who listed/sold the home can't wait till they receive the final HUD 1 is completed and the title company sends out the checks to the brokers.  Most agents keep a list of the transactions in their pipeline and like most agents, their spouse is quizzing them on the transactions.  My wife usually says, 'got anything closing this week'?  She says this specially during the holiday season.  I'm happy to say that yes!.  This is going to be a good Christmas.  However there are many others who will benefit from this transaction and will have a happy Christmas.

• Title company and the title agent are getting something from this transaction, like title insurance & escrow fees.
• The loan company, Loan Officers, Loan Brokers, Underwriters, support staff, company sales rep also benefit.
• Home Inspectors, and termite inspectors are getting some of the money.
• Handyman who will fix the conditional items from the homeb inspection also get a piece of the deal, and don't forget all the hardware stores will get a piece of this pie when the handyman  buys a new faucet or  other item to be fixed.
• Tax payers benefit when home taxes are being paid in full with collections of future taxes.
• Insurance companies are writing a new policy.
• HOA's are going to receive a transfer fee and maybe impact fees.
• Neighbors are going to be happy to see a new neighbor.
• Disabled Vets are going to receive all of the  stuff the new home owners are going to give away before they move.
• Utility companies are going to get a change notice and if the account is past due, they are going to get paid.
• Appraisal companies will get their piece of the pie also.

It is amazing when you think of all the people who will touch this transaction to complete the deal at all.  BUT what's really startling is how many people will be able to keep their job, put food on the table and survive. 

With all of this occurring, we should sell homes all the time, but I'm shocked by the road blocks our government has put in place to stop this from occurring.  In an effort to fix the last collapse of the housing industry, the administration has generated a mountain of mind numbing regulations to stop consumers from purchasing a home.  It's like passing through  gates of hell to get a loan.  We have gone too far in the wrong direction to fix the problem.  The incoming administration has indicated that they are aware of this problem and is promising to fix the regulations ASAP.  Let's get money flowing again!

Dennis Dahlberg Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com
http://www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701



About Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.


Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.












          

How To Be Successful When Borrowing Private Hard Money In Arizona

Borrowing private hard money in Arizona and anyplace else is supposed to be easier than getting approved for a traditional loan, nonetheless it is nonetheless doable to screw it up. The following recommendations will help maintain you from doing so.

In a super world, of us would not should borrow private hard money in Arizona. People would have great credit score rating rankings and higher than ample income historic previous to get approved by typical lenders. But the world is far from good. Most of us should not have good credit score rating rankings and don’t have the kind of income historic previous typical lenders want to see.

So it’s an excellent issue private hard money lenders exist to current of us another choice.

Tips To Getting Approved For A Private Hard Money Loan

Private hard money in Arizona is supposed to be easier to get approval for, nonetheless that does not indicate that just about anyone that applies will get approved. It’s merely as easy to screw up a private hard money loan utility as it is a typical monetary establishment loan.

The following recommendations will help maintain your utility from getting rejected:

• Don’t disguise one thing. One of the quickest strategies to make sure your utility is denied is for the lender to search out one factor that paints your utility in a unfavourable delicate from a provide except for the borrower. So be up-front and inform them one thing and each half they should know-- even when it’s harmful. At least within the occasion that they uncover out from you, you solely must reply for it and by no means for why you tried to cowl it as successfully.

• Don’t be pushy. A private hard money loan goes to be approved faster than a traditional loan jut by the character of the strategy alone. Following up (which is an environment friendly issue) too usually or in too aggressive a vogue shouldn't be going to help your set off.

• Don’t make claims you presumably can’t backup. The lender goes to do its due diligence. Lofty targets are good to shoot for, nonetheless your lender goes to wish to see that you could be maintain expectations sensible.

• Do what you say you may do. Lenders and consumers have to contemplate in you. Lie, act in a dishonest methodology or fail to watch by means of on one factor and your integrity will come into question.

• Don’t retailer spherical an extreme quantity of. Doing so will in the end get lenders questioning if there's one thing unsuitable and if they should trust you.

• Seek out an expert, native lender. An expert lender goes to have a monitor doc of success you presumably can affirm and doubtless even some notion that will present assist to out in the long run. A neighborhood one goes to be further apt to fund you since they're invested within the neighborhood and might like seeing their money at work.

The One Rule You Must Remember

When searching for private hard money in Arizona take into accout one issue—there are tips, after which there aren’t tips. While there are guidelines involved in hard money lending, it's normally private. So whereas there are tips to watch, as a result of the lender is a private entity they principally make up their very personal tips. Be aware of them, be versatile, and be ready to manage, if necessary.

Dennis Dahlberg Broker/RI/CEO/MLO
Level 4 Funding LLC
Arizona Tel:  (623) 582-4444
Arizona Tel:     (512) 516-1177
Dennis@level4funding.com
http://www.setabay.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Arizona | 78701

About the author: Dennis has been working within the true property commerce in some functionality for the ultimate 40 years. He purchased his first property when he was merely 18 years earlier. He shortly realized regarding the great funding alternate options provided by trust deed investing and hard money loans. His need to help others make money in precise property investing led him to concentrate on numerous funding for precise property consumers who may have problem getting a traditional monetary establishment loan. Dennis is enthusiastic about numerous funding sources and sharing his information with others to help make their targets come true.

Dennis has been married to his improbable partner for 42 years. They have 2 beautiful daughters 5 great grandchildren. Dennis has been an Arizona resident for the earlier 40 years.

Arizona Home Loans with Bad Credit

Arizona Home Loans with Bad Credit: Using Arizona Mortgage Brokers and Investment Companies to Help Make your Dreams Come True

If you have bad credit, it may seem impossible to qualify for Arizona home loans with bad credit. However, there are brokers and investment companies that are there when you need them and can help you find a loan type to purchase your dream home.

Having bad credit can make you feel isolated and alone. According to many surveys Americans with bad credit suffer from depression and feelings of hopelessness. These feelings are usually made worse by way you are treated by financial institutions if you have bad credit. You will probably be turned down for credit cards, auto loans, and may not even be able to get certain jobs.  If you are looking for Arizona home loans with bad credit you will most likely be denied by traditional banks. It may seem like owning a home is impossible. However, if you find the right type of lender, finding a home loan, even with bad credit is possible.

Types of Lenders That Are Here to Help When You Have Rotten Credit

One type of lender is a bank. A bank is the most common type of lending institution and usually what borrowers think of first. Banks offer many different loan types including FHA loans, adjustable rate mortgages, and traditional 15 and 30 year fixed mortgages. The bank sets its interest rates based on market conditions, government regulations, and other factors. There is one interest rate to choose from, the one offered by the bank you are obtaining the loan from. The bank will not shop around to find better interest rates, what they offer is what you get. Often this can mean that you end up paying a higher interest rate than if you used a different type of lender. A second downfall of bank mortgage loan is that they are often not a good option for bad credit borrowers. Banks tend to shy away from any investment they deem too “risky” and will often define borrowers in terms of their FICO score, without assessing other factors. This makes them a not an ideal institution in terms of find Arizona home loans with bad credit. 

Another type of lender a borrower can look to for a home loan is a mortgage broker. A mortgage broker in an individual or company that specializes in home loans. Like a bank, you can get multiple loan types but, a mortgage broker is not locked into one interest rate or one lender. The broker or broker company will basically shop loans for the borrower to find the best interest rate and loan terms based on current market conditions. In addition, a mortgage broker can find loans that banks may not be able to give because the borrower or loan type is too “risky” for a traditional lending institution. This makes a mortgage broker a better choice for borrowers with bad credit.

A final type of lender that most borrowers don’t even know exists is a private lender firm. These private investment firms are run by a licensed broker who is up to date on mortgage and real estate laws, programs, and terms. The loans are funded by private investors rather than a bank. As a group of private investors, these types of lenders are more likely to look at the merit of the property as well as the potential to make money as compared to exclusively the credit score of the borrower. This makes them a good option for borrowers with bad credit. In addition, private investment firms usually offer different types of loans than you can find at a bank or even with a mortgage broker. However, it is important to make sure that you are working with a legitimate financial institution that is operated under a broker license. You can find private lending firms through a mortgage broker or other investment professional.

See the difference the right lender makes, call a broker today.

A broker can help you find the right loan and right investment company for your financial situation. Even if you have bad credit, there is a lender and a loan that is right for you. With the majority of Americans having a “fair” or “poor” credit rating, you are in good company. Talk with a financial professional about Arizona home loan with bad credit. Don’t put your dreams on hold any longer.

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Tel:  (623) 582-4444 | Fax: (888) 279-6917
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027