Many private investors just like you are currently enjoying these rates of return with minimum or no risk.

Smart private investors have been utilizing this investment opportunity for years. In fact, there have been entire companies built around this strategy.

This is a very safe investment that produces a high rates of return while at the same time provides higher level of security and liquidity.

You’ve seen how unsure and volatile the stock market can be. Do you want your future to be controlled by the events that take place on the other side of the globe?

Well, maybe it’s time to consider alternatives…Private Investor Loans Secured by a Mortgage

So, what is a Private Loan? It is a loan made to a real estate investor that is secured by real estate. Private Investors are given a first or second mortgage that secures their legal interest in the property and secures their investment. We are not talking about high Loan-To-Value (LTV) ratios the banks and savings and loan institutions make on homes. We are talking about companies that offer very low LTV ratios to Private Lenders to increase the security of the loan. Standard LTV ratios are usually under 75% of the value of the property securing the loan and frequently as low as 60% to 68%. This means additional security on the investment.

For example, if a property is valued at $100,000, a Private Lender will never have to loan more than $75,000 dollars on the property. That’s a 75% loan-to-value ratio. This is obviously a much safer approach from that taken by conventional lenders. These banks get into trouble because they make loans at an 85%, 90%, or even 100% loan-to-value ratio leaving them no equity for transfer costs, if they are ever forced into a position where they have to take back the collateral property.

You, as a private investor lender, will never lend more than 75% LTV. As a private investor lender, it is in your best interest to minimize risk and maximize return and this is why a loan should never be made without a 25% safety net.

So what’s it going to be? Are you ready to take action? Are you going to continue to let other people control your money so you only get a return that barely keeps up with inflation? Or are you going to take control and make sure that when you get ready to retire, you can do what you want without worry about money. If you are retired, here is a great opportunity to squeeze every interest dollar out of your savings that you can. Private investor lending is an incredible way to build wealth in a way that most people aren’t aware exists. You’re not one of those people who are uninformed anymore.

The 30 year mortgage rate hits rock bottom again.

This just re-confirms why this is an amazing time to buy a home, another record has been set with the 30 year mortgage rate. Freddie Mac’s said the 30-year fixed mortgage rate slipped to 4.44% for the week of August, 9th 2010. This is the lowest mortgage rate since it began tracking the rate in 1971. If you have been waiting on the sideline, this is a great time to jump in and buy a house. Last week’s rates stood at 4.49%, and a year ago it was at 5.29%, which was still historically low.

The 15-year fixed mortgage rate also dropped this week to 3%, that is down from 3.95% last week and from 4.68% a year ago.

Adjustable-rate mortgages also declined, with the 5-year mortgage rate falling to 3.56% this week, the lowest since 2005 when the lender began tracking it. Again, if you can afford a home you may seriously want to consider taking advantage of these historically low mortgage rates.

Delinquencies (30 – 180 days late) remain for 7 years from the date of the initial missed payment.

Collection Accounts remain on your credit report for 7 years from the date of the initial missed payment that led to the collection (the original delinquency date). When a collection account is paid in full, it will be marked “paid collection” on the credit report.

Charged Off remain for 7 years from the date of the initial missed payment that led to the charge off (the original delinquency date), even if payments are later made on the charged-off account.

Closed accounts are accounts that are no longer available for further use.Closed accounts may or may not have a zero balance. Closed accounts with delinquencies remain 7 years from the date they are reported closed, whether closed by the creditor or by the consumer. Positive closed accounts remain at least 10 years.

Lost credit card – If there are no delinquencies, credit cards that are reported lost will continue to be listed for 2 years from the date the card is reported lost. Delinquent payments that occurred before the card was lost are reported for seven years.

Bankruptcy- Chapters 7, 11, and 12 remain for 10 years from the filing date.

Chapter 13 remains 7 years from the filing date. Accounts included in bankruptcy remain 7 years from the date they were reported as included in the bankruptcy.

Judgments (child support, civil & small claims) remain on your report for 7 years from the date the judgment is filed.

Tax Liens – (city, county, state, and federal) Unpaid tax liens remain 15years from the filing date. Paid tax liens remain 7 years from the paid dateof the lien.

Inquiries remain on your credit report for 2 years, with those in the last 6 months usually given the most consideration.
Positive Accounts remain indefinitely and paid positive accounts remain 10 years.

The credit experts at Waterfield Credit know the credit laws and how to use the laws to your advantage. They know how to analyze your credit report toidentify inaccurate, misleading and unverifiable items. Waterfield Creditworks with you during the dispute process to achieve the best possibleoutcome for you to eliminate negative items that are impacting your credit life..

Check out this website for help Waterfield Credit Repair.

No matter what your situation might be, if your Hudson Valley house qualifies and you are flexible on price and terms, we can buy your Hudson Valley New York house…NOW! Sometimes life can put you in a bind that makes you realize “I need to sell my hudson valley house fast.” Paragon Equities can help. We can buy your Hudson Valley house fast no matter what your situation, even if you don’t have equity. If you are looking to avoid foreclosure we have a variety of solutions and options that can help too.

From the moment you call us and say “sell my home” to the day you have the money from the sale in hand, you’ll realize we do things differently. There are many companies that buy houses in the Hudson Valley, but we treat you as though we are doing business with family. We want to help end the worry and the sleepless nights you have spent wondering how you were going to sell your house fast, especially in this market.

Even if you have not had much luck selling your house via the For Sale by Owner listings, Paragon Equities can help. We can work with you to create a solution that is beneficial to everyone. Get your Hudson Valley house sold fast and walk away smiling.

Experts emphasized that the foreclosure numbers don’t fully reflect the extent of distress at the high end, because for expensive homes, banks are more likely to pursue short sales, in which the homeowner stays put while marketing the home for less than is owed on the mortgage. “Banks take the time on the high end to short-sale properties because they get a higher return and better valuation,” said Pat Lashinsky, CEO of Emeryville’s ZipRealty, a nationwide brokerage. Buyers of high-end homes during the real estate boom years often relied on option ARMs, which allowed them to start off paying just the interest – or even less than the interest, thus adding on to their mortgage balance. Most option ARMs had an initial period of five years before loans recast, causing payments to soar.

Refer Your Short Sales

Under HAFA, banks must decide within 10 business days whether to approve or deny a requested short sale under the program. Banks already have an inventory of 1.1 million foreclosed houses, recent estimates by LPS Applied Analytics of Jacksonville, Fla., show. Many more will be heading for a short sale or foreclosure. The Mortgage Bankers Association said more than 9 percent of homeowners were behind at least one payment on their mortgages in the fourth quarter. LPS figures 4.8 million are delinquent or already in the start of the foreclosure process. The HAFA program can’t reach many of those houses. Lenders participating in the federal government’s effort to encourage mortgage relief for distressed homeowners — Home Affordable Modification Program — are required to participate in HAFA as well.

Short Sales are still a very viable means for avoiding foreclosure. Unfortunately not enough homeowners understand the process and too many ineffective Realtors are avoiding Short Sales.

Therein lies the enigma. In an economy that needs real solutions, those charged with energizing the housing industry are opting out. Many real estate agents simply choose to ignore either side of the table. They don’t know how to successfully represent homeowners and don’t know how to bring in real buyers either.

The homeowner who is entrusting their well being to the “professional” is unaware just how inexperienced and uncaring most real estate agents are. It takes a very well educated real estate agent with a team of professionals to realistically navigate the labyrinth of the short sale process.  If you real estate agent says he is going to be negotiating the deal by himself, stay away.  Instead try to find an ethical investor or real estate agent with a proven track record, ask for testimonials, and make sure they have experienced negotiators and or attorney’s  on their staff….these things cannot be over stated.

What qualifies as hardship in a short sale? I get this question fairly often, and it should be addressed. First, I’ll tell you what does not qualify as hardship, and that is simply being underwater. If you owe more than you are worth, being upside down alone is not adequate hardship to get a short sale approved. That is only half the equation. There has to be a financial hardship.In every case of hardship I have ever seen, a loss of income has been involved. It could be unemployment, divorce, being laid off, the failure of a business, or any of a hundred other things, but a loss or decrease of income is absolutely hardship. When your expenses remain the same and your income goes down or disappears, you have a case for hardship. You could be a ditch digger paying a $500 per month mortgage or a brain surgeon paying $10,000 per month. If you lose income, hardship is not hard to prove. In rare cases, income has remained the same but the payment has adjusted up, but the mathematical outcome, namely a deficit, is the same.That is as basic a yardstick as I can find. I’d be surprised to find a more common or less complicated theme. Loss of income is almost always a case for hardship.