The term “forbearance agreement” is a technical legal term for an agreement between a lender and a borrower.  The real estate forbearance agreement is used when a lender on commercial real estate loans agrees to postpone foreclosure on a delinquent … Continue reading →

The “bridge loan” is a type of loan known as gap financing, interim financing, swing loan, or simply short term financing. The purpose of a bridge loan is to bridge the gap between current lending conditions and more advantageous conditions … Continue reading →

One of the major differences between institutional lenders and private lenders is the timing involved in the commercial loan underwriting process. Traditional mortgage lenders have tight criteria and strict procedures to follow in the commercial real estate lending process, giving … Continue reading →

Real estate lenders, attorneys and owners often use the phrase “Deed in Lieu” to stand for the legal process of the borrower giving a deed to their property instead of forcing the lender to go through the more formal foreclosure … Continue reading →

Yes Virginia, there is a Santa Claus.  However this Santa is not one you may have thought of.  The Federal Government – through its regulatory agencies the FDIC and the OCC – is putting significant pressure on commercial banks to … Continue reading →

In part one of The Real Estate Foreclosure Process, we began discussing the foreclosure process in Colorado. The process for hard money lenders starts with the issuance of a demand letter, then the foreclosure is filed with the Public Trustee, … Continue reading →

When a borrower decides to take out any type of commercial real estate loan, it is crucial they understand the fundamentals of the foreclosure process. It doesn’t matter whether borrowers choose to borrow from private capital lenders or institutional lenders; … Continue reading →

Hard money loans (sometimes call private capital loans) can be very useful in certain circumstances for borrowers with commercial real estate.   When a borrower needs capital quickly to close a great buy, needs to pay off a loan that is … Continue reading →

If a prospective borrower knows what information is needed when they apply for a hard money real estate loan it will not only save them considerable time but increase their chances for a successful outcome.  Listed below are the things … Continue reading →

What is “Hard Money”? “Hard money” is a term applied to real estate loans obtained from a private capital lender as opposed to a bank or institutional lender such as a life insurance company or pension fund.  The name originally … Continue reading →