Avatar's Blog
» Good Photos
Good loan packages contain photos of the subject property - the property you mean to use as collateral for your hard money loan. Good photos make all the difference to your chances of passing the first stage of approval, in which the lender takes a glance at your property and decides whether it is interesting enough to consider funding a loan with the property used as collateral.
Good photo packages contain views of the property from the street, views of the street and surrounding buildings, reasonable close ups of the building, including one or more that show the whole building without a lot of other extraneous objects in the picture (get close enough to the building), a few that show one side, a corner, the entrance, etc., and some of the interior, showing important elements of the property. Poor lighting, positioning, or cropping shows properties to poor advantage. If you are really not able to take good photos, now is a good time to hire a local photographer to make your property 'shine'.
