The economy is not smiling on many people today. While interest rates are down, credit is harder to get and many people have lost their employment. But if you still have a job and have been careful with your credit and made payments on time, now can be a great time to buy a home in Birmingham, AL.
The most common excuse many people make for not investing in real estate, besides fear of taking action, is lack of proper funding. The fact is it has never been easier, or more lucrative, to invest in real estate than right now. In the past the only options available for private money loans were conventional financing through banks or high interest loans through hard money lenders. However, conventional lenders often require a large down payment of 20%, if not more, a load of paperwork, and an underwriting process that has derailed a fair number of transactions.
Private Money: Good Luck Without It
Moving day can be one of the least anticipated days of the year, second only to root canals and prostate exams in terms of popularity. The following guide may not have you looking forward to moving day the way a child looks forward to a birthday party, but it should help alleviate some of the dread.