Buying a house can be a challenge in today’s market. Source Capital can help!

I have shared in my blog before about the increase in home purchasing being done by real estate investors. Now I’m going to add vacant lots to the equation. Although, we could have assumed this, it always seems to make facts more real when specific reports are made. Below is a link to an article citing one such instance. An investment group, which includes a local homebuilder, just purchased 41 residential lots in a gated community in Rancho Sante Fe, a beautiful and prestigious area of San Diego County.

Read the article in its entirety about the investment group’s Rancho Sante Fe purchase.

San Diego County has so much to offer! If only there were more homes for sale!

I know a very nice couple that is desperately trying to buy a house in San Diego County. They are San Diego natives and qualified buyers, ready to spend! The problem? Low inventory and all cash buyers!

The first issue they have run up against is lack of suitable homes. They are having a hard time finding property in their area of choice that meets their needs. Then, once they find something they like, they are often shut out of deals. Sometimes they are late to the table after a cash in hand buyer walks away with the sale. They have also found that some want to take advantage of the competitive market hoping that offers from multiple buyers will create a bidding war, driving the price higher than it already is. I am sure there are other scenarios that are ever present in today’s real estate market, but you get the picture.

I have been reporting on this challenge for buyers and now I have seen and heard of it first hand within my personal circle of friends. In case you were skeptical, let me confirm, this is a very real issue for buyers in today’s market. If you are looking to purchase real estate, have a few choices, and do not expect to get your first selection, be prepared to make your offer as soon as possible. Remember back when there was an overabundance of homes at ridiculously low prices? That is changing. Correction. That has changed!

Since price is determined by supply and demand, property prices continue to rise. With a decrease in foreclosures and short sales and an increase in investor activity, the housing selection is sparse. As the economy improves, more people want to fulfill their real estate purchasing goals. More people ready to buy, but less available to buy. Our strong buyer’s market is turning into a seller’s paradise.

Lack of supply and the growing competition with cash in hand buyers can be frustrating. That along with the stringent policies of traditional banks can make it seem nearly impossible to make a purchase. If you are ready to move forward and lack of funding is one of the things in your way, consider Source Capital and our user-friendly trust deed loan programs.

Even with the challenges I’ve cited, with the continued property price increases, the story still remains; the sooner you buy, the better. If you are in need of funding for your purchase, due to a previous bankruptcy, foreclosure, short sale or other credit glitch, consider a trust deed loan with Source Capital. Not only are we able to supply loans when traditional banks can not, we historically have a much faster loan process, from beginning to end. This may help when dealing with the competition of those all cash buyers!

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout California and Arizona. Source Capital lends throughout San Diego County and in all major cities in California, including, Los Angeles, San Francisco,  Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside and also in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale. If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor to help supply loans, contact us  at 858.705.6144. You can also email us using this convenient online form.

You can learn more about Source Capital on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. I hope you are enjoying your week, as we venture into our new month of March! –Sindi Somers

The San Francisco, Los Angeles and Phoenix housing markets continue to show positive gains.

I like to bring you the most current real estate news, but lately I feel like I am just repeating myself over and over with talk of price increases and a healthier market. I am sorry if I am being redundant, but the real estate market keeps improving!

The housing market strengthened in the last quarter of 2012, but it hasn’t stopped with the arrival of the new year. January showed an even greater increase in home sales, demonstrating that we are continuing to move upward and onward.

An article from CNN Money reports on the positive gains in both 2012 and 2013. It cites Los Angeles, San Francisco and Phoenix as three of the U.S. cities having the biggest visible jump. Read the article in its entirety at the link below.

The U.S. real estate market continues to show price and sales increases.

As prices continue to rise, it is obvious that the sooner you buy, the better. If you are in need of funding for your purchase, due to a previous bankruptcy, foreclosure, short sale or other credit glitch, consider a trust deed loan with Source Capital. Not only are we able to supply loans when traditional banks can not, we historically have a much faster loan process, from beginning to end.

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout California and Arizona. Source Capital lends in all major cities in California, including Los Angeles, San Francisco,  San Diego, Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside and also in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale. If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor to help supply loans, contact us  at 858.705.6144. You can also email us using this convenient online form.

You can learn more about Source Capital on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. We are now just days away from March. It will be interesting to watch the real estate market, as it continues to change. Tune in to the Source Capital blog for the most current updates and information. Enjoy the rest of your week! –Sindi Somers

You need money fast to compete with cash in hand investors. Source Capital can help!

Some people are not just thinking about buying a home, they are 100% ready to make their purchase. Unfortunately in some areas of the country, being prepared is not enough in today’s market.

Although property prices are on the rise throughout the United States, prices are still lower than we once ever imagined they would be. In buyer’s markets, such as the Inland Empire of southern California, investors with cold hard cash are swooping in on good deals without warning, walking away with other people’s dream homes.

California’s Inland Empire has a limited number of available properties due to this situation. More details can be found in a Los Angeles Times article covering this topic. You can read it in its entirety at the link below.

Inland Empire Housing; Affordable, but Unavailable

Whether or not you qualify for a traditional bank’s home loan program, you may need to get your hands on cash faster than realistically possible with a bank loan. If you need money fast, there is an another viable option for you. Source Capital’s trust deed loan program, which can help you avoid the lengthy loan process found at traditional funding institutions. This could be the edge you need in today’s competitive marketplace.

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout California and Arizona. Source Capital lends in the Inland Empire and all major cities in California, including Los Angles, San Francisco, San Diego, Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside and also in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale. If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor to help supply loans, contact us  at 858.705.6144. You can also email us using this convenient online form.

You can learn more about Source Capital on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. I hope you enjoyed your President’s Day today. I know it was a day off for some of you giving you hopefully a wonderful, long weekend. Whatever you did today, I hope that your new week is off to a great start! –Sindi Somers

There is much beauty to go along with the vitality of the housing market in Phoenix, Arizona.

As I have reported in previous blogs, the real estate market in many areas of the United States is getting healthier. Since Source Capital is licensed to handle trust deed loans in Arizona and California, those are usually the areas I cover.

Today’s research led me to the article at the link below highlighting the healthy market of Phoenix, Arizona. With a decrease in foreclosures and short sales leading to less inventory, prices are on the rise. Again, less supply with a maintaining or increasing demand, drives the prices up in real estate, as in any industry.

Read the article in its entirety at the link below.

Learn more about the vitality of the Phoenix, Arizona Housing Market.

Whether you are looking for a new home in Phoenix or anywhere in Arizona or California or you are looking for a sound investment opportunity, Source Capital may be able to help. If you are in need of funding and traditional banks have closed the door on you, you will find that Source Capital has theirs wide open. We look at the big picture and know that good people have bad credit. We want to hear your story. We will try our best to make it work. Maybe your credit is fine, but you need a loan fast. Source Capital is able to provide loans faster than banks because we don’t have to wait for decisions from someone else. We make them ourselves.

Source Capital Funding, Inc. is a direct, private hard money lender that provides hard money loans and trust deed investment options throughout Arizona and California. Source Capital lends in all major cities in Arizona including, Phoenix, Tucson, Mesa, Chandler and Glendale and also in California, including San Francisco, San Diego, Los Angeles, Anaheim, Sacramento, San Jose, Fresno, Oakland, Bakersfield and Riverside. If you need a private hard money lender to fund your hard money loan or you want to work with Source Capital Funding as an investor, contact us  at 858.705.6144. You can also email us using this convenient online form.

You can learn even more about us on our Google profile page, which includes reviews from some of our clients, investors and associated real estate professionals. A great way to stay up to date with us, including following this blog, is by liking us on Facebook and following us on Twitter. I hope you are having a great week so far! –Sindi Somers