Upront loan fees: Buyer beware

I have said for a while now to watch out for brokers/lenders requiring upfront fees prior to closing. This recent article on 9 news in Denver highlights this concern. The mortgage broker is accused of bilking customers out of over 500k in fees without ever providing a...

Close your Colorado Hard Money loan in 2011

I hope everyone has had a healthy and prosperous 2011. Fairview has closed hundreds of private/hard money loans this year both in Denver and throughout Colorado (below is just a small sample). Since Fairview is privately funded we are able to close loans quickly. All...

Another bank in Colorado bites the dust

Another bank in Colorado: United Western just got shut down by the FDIC. Full article in the Denver post at: http://www.denverpost.com/business/ci_17188017. I think the banking crisis will continue as prices on real estate fail to rebound nearly as fast as everyone...

What is in store for Denver housing prices

Fairview Lending is a Denver hard money lender. We actively watch housing trends of the Denver metro area along with prices throughout Colorado. Earlier this week, I posted a link to a Bloomberg article reporting on the Case-Schiller index trending. Well, for Denver...