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.












          

Level 4 Funding LLC Arizona Private Hard Money Lender

Dennis Dahlberg Broker/RI/CEO/MLO
Level 4 Funding LLC
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.

          

Level 4 Funding LLC Arizona Private Hard Money Lender

Dennis Dahlberg Broker/RI/CEO/MLO
Level 4 Funding LLC
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.












          

Deed of Trust Definition - What is a Deed of Trust

What is a Deed of Trust?

A deed of trust (also know as trust deed) is a deed (piece of paper usually recorded at the county) that gives legal title to real estate to a trustee. It secures the note (Mortgage).

There are three parties to this type of title. They are:

1. The Trustor (Borrower),
2. Beneficiary (Lender) and a
3. Neutral 3rd part called the Trustee.

They are written so that the lender gives money to the borrower to purchase a real property (home) and the borrower signs a deed of trust giving the power of sale for property to the natural 3rd party trustee to be held in trust for the lender. (I like to think the trustee takes the Deed of Trust and puts it in the top drawer of their desk and waits.) The borrower owns the property, but the title is held by the trustee.

This is noted in the Deed of Trust and is called the ‘power of sale clause’ for example:

Dennis Dahlberg Broker/RI/CEO/MLO
Level 4 Funding LLC
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.

Private Hard Money Lender In Arizona

Setabay LLC

22601 N 19th Ave Suite 112

Phoenix AZ 85027

Private Hard Money Arizona

Hard Money Lender Arizona

Trust Deed Investing Arizona

 

New Laws Helping Borrowers Avoid Common Pitfalls From Hard Money Lenders In Arizona

Hard money lenders Arizona—With the entire selections accessible as of late, it's more likely to be hard to know who's a fantastic lender, and which ones are scams. Some comparatively new licensed solutions in Arizona are geared contained in the course of defending debtors.

Hard money lenders Arizona—It has occurred means an extreme quantity of beforehand. An particular specific particular person with too low of a credit score rating ranking standing ought to comply collectively collectively along with his dream and open his private enterprise. He can’t get authorised for a loan from a typical lender, so he has to find a hard money lender to approve him.

But there are so many! Who do you trust? Who is revered? Is there any means a person can weed out the unhealthy so that you would possibly merely choose from the good and not at all have to worry about being a sufferer of some elaborate rip-off?

Yes.

How You Can Protect Yourself From Fraudulent Hard Money Lenders in Arizona

There is not any methodology to weed out the unhealthy from the good totally, nonetheless there are strategies by which you'll bend the chances in your favor that the blokes you is likely to be deciding on from shouldn't going to cheat you:

• Federal Licensing: Lenders in Arizona should be licensed by nationwide and native companies to conduct enterprise. Licensing is likely to be going possibly the perfect components to look at on and one concern it is very important always ask about. If they've it—good—nonetheless after they don’t or try to give you some excuse as to why they don’t, it is likely to be time to attempt one completely different particular specific particular person.

• Law 6500 of Consumer Protection on balloon loans: One of the strategies lenders would possibly make hard money loans further fascinating is by making the funds smaller. However, after they do, they're moreover making the balloon value you may should make on the tip of the loan time interval that loads larger. What this regulation does is prohibit balloon funds by not letting them mature in decrease than 5 years.

• Negative Amortization Bans: One of the negatives involved with hard money loans is the higher worth of curiosity. After all, lenders should be compensated for his or her hazard. But what this refers to is banning bills of curiosity which is likely to be so extreme that they set off undue financial hardship on the borrower (detrimental amortization).

• Predatory Loans: In the curiosity of approving a loan utility sooner (which is a giant selling diploma for hard money lenders) the step involving income verification is usually ignored. Either that or the lender is conscious of the borrower can’t pay as quickly as further the loan nonetheless makes it anyway to permit them to in the long term seize the property used as collateral. Whether it is by likelihood or on intention, it is thought-about predatory lending—which is illegitimate. Federal regulation now requires lenders affirm the ability to repay a loan previous to approving a loan.

• Upfront funds: Some hard money lenders in Arizona and elsewhere would require debtors to make a pretty big value up entrance to nearly positively cowl curiosity and an advance installment worth. Federal regulation retains a lender from making it too large (no more than two pretty sized funds counting on the occasion of the loan).

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 inside the precise property commerce in some efficiency for the final phrase 40 years. He purchased his first property when he was merely 18 years outdated. He shortly found regarding the very good funding selections equipped by trust deed investing and hard money loans. His want to help others make money in precise property investing led him to cope with various funding for precise property customers who might need downside getting a typical monetary establishment loan. Dennis is obsessive about various funding sources and sharing his info with others to help make their needs come true.

Dennis has been married to his good companion for 42 years. They have 2 beautiful daughters 5 very good grandchildren. Dennis has been an Arizona resident for the earlier 40 years.

Benefits of Finding the RIGHT Arizona Hard Money Lender

Researching Arizona Hard Money Lenders

Discovering an Arizona hard money lender can appear to be an intimidating course of. In actuality, you could possibly be so deep in financial hardship, it's taking all of your vitality to take care of up your head above water. When you would not have wherever to level, Arizona hard money lenders are there for you. After you uncover the acceptable hard money lender for you, they could loan you the money you need in as little as 24 hours and set you on the course to monetary freedom. There are a pair of methods to hunt out the acceptable Arizona hard money lender and it is your accountability to hunt out the acceptable one for you.

Initially, it is important to resolve the variety of hard money you is vulnerable to be looking for. Are you a enterprise proprietor wanting hard money? Or are you an individual who's contemplating a residential hard money loan? Choosing which class you belong to is the first step to ponder sooner than wanting additional.

At that point, you may must crunch the numbers and resolve exactly how rather a lot money you is vulnerable to be in need of. Bear in ideas that Arizona hard money lenders will loan you as masses as 80 % LTV (loan to price), nonetheless this quantity will perhaps be nearer to 65 %. Keep your expectations someplace in between that area after which begin your evaluation. You most undoubtedly already have your funding in ideas, so do the maths. Don't request larger than you really want so likelihood is excessive you'll defend your debt as restricted as potential.

Finding the RIGHT Arizona Hard Money Lender

What bigger various to begin than with all folks's tried and true methodology of look at? You do not even must get off the sofa-- merely start with the net. Use a search engine reminiscent of Google or Bing and enter the phrases and net web page you is vulnerable to be looking for a hard money loan in. For event, every time you think about to find a lender in your space, you might variety "Arizona hard money lenders." Undoubtedly, relatively rather a lot of hundred (if not thousand) net net pages will pop up. This might presumably be variety of irritating in case you might be wanting to hunt out the acceptable lender shortly. Click on a quantity of of the net web sites near the excessive of Google and take note of and distinction what you see. Make a quantity of lists of objects that seem legit to you and along with defend monitor of people that seem considerably sketchy. It will not be masses of to ask to have your hard money lender have a legit wanting net net web page if they will be managing your funds. 

One of most important elements to recollect is that if it appears too good to be true, IT IS! Don't do one issue you are feeling uncomfortable with, even when it appears to be like a formidable current. Rely on that gut feeling of yours, even when it lender you select has significantly better curiosity costs. Don't allow your financially troubled circumstances lead you down a course that shall be mistaken ultimately. 

When you uncover a usable lender, lookup some shopper critiques. You might uncover masses a pair of lender by merely finding out what completely fully completely different folks' encounters have been like with them.