What is a Heggstad Petition?

What is a Heggstad Petition?

At Evoque Lending, we’re here to guide you through the complexities of the financial world and simplify challenging procedures. One such process that may be key for individuals seeking a hard money loan is the Heggstad Petition, known in legal circles as the probate code 850 petition. Venturing into California’s probate code may seem daunting. But with the right knowledge and resources, you can wield these intricate legal tools for your financial benefit. Let’s explore the Heggstad petition, a powerful ally in trusts and estate planning that...
Our Top Loan Amortization Tips

Our Top Loan Amortization Tips

While loan amortizations may seem easy to understand, they can also be incredibly nuanced. At Evoque Lending, we’re here to break them down for you! Here are Four loan amortization tips to keep in mind when it comes to taking control of your mortgage: 1. Choose a 15-year mortgage if you can afford it: a 30-year fixed rate is typically more popular amongst homeowners, but not everyone realizes that the amount of interest you pay is significantly higher over the course of the loan. 2. Utilize accelerated amortization: by accelerating your amortization, you...
Seasoned mortgage professionals know.

Seasoned mortgage professionals know.

Even after 24 years in the mortgage industry (as of April 23, 2021), I found that I was still trying to improve upon my follow-up system. There are so many systems out there to choose from, so many suggestions and recommendations that all sound great, until of course you attempt to try them out for yourself. Some systems of course tend to work short term, but with others you painfully discover that they’re simply an all-out waste of time. Now, any seasoned mortgage professional knows that your biggest expense in this industry is undoubtedly leads, so it’s...
Lending and California’s Usury Laws

Lending and California’s Usury Laws

Are you considering a hard money loan in California? If so, it’s essential to understand the implications of California’s usury laws. Usury laws regulate the maximum amount of interest that can be charged on loans, protecting borrowers from excessive interest rates. In this article, we will explore the relevance of California usury laws to individuals seeking hard money loans and explain how Evoque Lending can assist you in navigating these complexities. California Usury Laws: A Layer of Complexity California usury laws introduce an additional layer...
Duties Under the Code of Ethics and Standards of Practice of the National Association of Realtors

Duties Under the Code of Ethics and Standards of Practice of the National Association of Realtors

The Preamble to the National Association of Realtors’ (NAR) Code of Ethics and Standards of Practice begins with: Under all is the land. Upon its wise utilization and widely allocated ownership depend the survival and growth of free institutions and of our civilization. [Realtors] should recognize that the interests of the nation and its citizens require the highest and best use of the land and the widest distribution of land ownership. They require the creation of adequate housing, the building of functioning cities, the development of productive industries and...
Open House Best Practices

Open House Best Practices

Done properly, open houses can be a powerful selling tool for real estate agents and clients. To generate interest and quality leads through an open house, there are some best practices that real estate agents can and should following leading up to and during an open house. Advertising  Getting the word out about an open house is vitally important. Here are a few tips for successful open house advertising campaigns: Combine the open house with other listings in the area. Consider advertising the open house with listings from other brokers to increase visibility....