Author Archives: Shawn Molem

Ways To Make Your Home Sale-Ready

If you are planning to sell your home, then the first step that you need to take is to check all the rooms and see what parts of your house need to be repaired or renovated. Leaving a good first impression to the buyers is the most important thing and even minor mistakes like small cracks or flaking paint may become the cause to say goodbye to a good price for your home. Get all these problems fixed before you show the house to anyone. Do not leave any chance for them to think that you did a last minute fix up job.

To make it more easy for you and understand more about open houses, it would be a better idea to go for one. Here you can observe people inspecting the home and see how the home itself has been prepped for others to see. After coming back you can see whether your house meets all the requirements that buyers usually look for. Once the interiors of your home are done, you will also need to look at your exteriors. Your house should exactly look like the one that is on display. If you have picket fencing, get it painted. If you have plants in your courtyard or window shelves, see to it that they have been cleaned and the plants freshly trimmed. Get all your exterior metal decors polished and do not look faded or corroded.

If there are any patches and pit holes in your driveway, get them filled. Also looks at all your drainages and make sure that there is nothing blocking it from any point. Get it cleaned thoroughly.

If you want to make your home and space more attractive, take a little more trouble to trim bushes, clean pots and replant in the places where you think it is required. Do not forget to get our home cleaned, dusted and vacuumed on the final day.


Top Reasons Why Hard Money Lenders Are Considered By More And More Investors

Hard money lenders have turned out to be the most reliable providers of financing in the real estate industry.

All types of real estate investors today avoid bank loans and look for an alternative option in place of this. Bank loans have a complicated application process and hence turned out to be strenuous every time. The hard money lenders are willing to work and provide you the financial services as per your requirement, where you don’t need to worry about paying huge down payments and monthly payments. The rehab money lenders can help you to get the cast without paying much attention on the value of real estate that you are planning to invest in. Once you have purchased the property you can get it renovated and sell it. Once you are finished with selling part, you can pay back the hard money lender plus you can also keep all the profit that you have made off of the property.

The process with hard money lenders is less complicated:

Choosing a Hard Money lender instead of choosing a bank can be a better option if you want this process to be stress free. You just don’t have to worry about all the intricate aspects that a getting a loan involves. Applying for a loan is not an easy process to go for rather it is very difficult and time consuming. Choose going with a hard money lender and get what you need without complications.

Why do you need a hard money lender?

Hard money lenders hardly ever require as much money down as banks do. They make it much easier for you to get the money as compared to the complicated process requires in the banks. The Hard money lenders provide money to their customers by requiring less down as they want to make it more affordable for the customers to choose them instead of going with the banks. There are times when you do not have as much cash as the banks demand for in in such cases you won’t be able to invest unless you find a hard money lender.


Commercial Hard Money Loans Not Widely Understood

Category : Hard Money Loans

Commercial hard money is not well understood by the commercial real estate investors who have always financed their properties at the bank. The needs and pricing of commercial hard money loans is not very similar to bank loans. This is the most important reason why many of the commercial real estate investors do not understand how commercial hard money loans work.

How is the commercial hard money loans different form conventional financing? Requirement is the basic difference between commercial hard money loans and conventional financing. In case of commercial hard money, the information on the property itself plays an important role. Borrower’s credit and the income is the single biggest requirement for a bank but in most of the cases, commercial hard money lenders at the borrower’s credit and income as secondary to the property.

Another thing that creates the difference between commercial hard money loans and conventional financing is in the cost. A commercial hard money loans that is also known as bridge loan, is more expensive than a bank loan. Interest rates and loans fees are slightly higher. But for someone who is not eligible for financing will find it better to pay higher costs then not to get financing at all.


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    Although Magna Enterprises, LLC and Magna Capital Group, Inc. are referred to throughout the text of this website as Magna Group of companies, they are not affiliates, parent or subsidiary companies as both companies are separate and distinct entities. Any questions or issues regarding this disclaimer should be addressed in writing c/o Shawn Molem.