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» Digitizing Fax documents
If you have a lot of documents to send to support your loan request, consider digitizing as much as possible. The days of hundreds of sheets of paper gracing the desk of the decision makers in hard money loans is fast coming to a close. Photos in particular do not fax well and are not accepted other than in hard mailed copies or via email. Email is eminently preferable, as it enables you to get your information to the lender quickly and efficiently without waiting or paying for postal service.
Anything that needs faxing can be scanned into a computer and emailed as well. If you establish an e-fax number for yourself, you can fax documents to yourself, which automatically converts those documents into an email-able format. Then you can forward them to the lender as an attachment.
It's well worth the time to learn a little about computers, e-faxes, scanning, and digitizing. It will enable you to correspond efficiently with lenders and get your projects completed more quickly and with greater success.
