Avatar's Blog

» Be Prepared for Closing

Posted on 1/6/2005
Everyone wants a hard money loan to close quickly. Be prepared on your end to help make that happen. Gather financial documentation in advance of requesting a loan, including personal financial statements showing your net worth, corporate financial operating statements showing gross income, expenses and net income, purchase agreements for property you intend to purchase, comps and photos. Finally, be prepared to show with bank statements, etc. where the balance of the cost of the real estate is going to come from.
Posted in Miscellaneous