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If one of our big-time Hollywood script writers penned this story, it would get a name like, \u201cThe Case of the Missing Money.\u201d<\/p>\n
The money in this mystery story isn\u2019t the inheritance of some rich oil tycoon. What is missing is the economic growth our economy should have seen in the first quarter of this year. Experts were expecting almost 2 percent growth, but when the numbers came in, there was essentially no growth.<\/p>\n
It was such a surprise that the government, according to an Associated Press article, has decided to \u201creview the mystery\u201d of the slow-to-no first quarter growth.<\/p>\n
It\u2019s too bad that the US economy isn\u2019t humming along like the Southern California real estate market. The Elliman Report shows that the median price of Los Angeles single family homes and condos increased 7.7 percent over the last year and closed sales are up almost 10 percent.<\/p>\n
Now is a great time to own real estate in California \u2013 especially hot markets like Los Angeles, Orange County and the San Francisco area. Further, those numbers tell another story \u2013 buyers need to be ready to close deals. Many properties are only on the market for two days.<\/p>\n
In tight markets like this, getting the runaround from a bank or conventional lender can be a disaster. You might lose the property, or find yourself in a situation where you get bid up by other potential buyers.<\/p>\n
At Evoque Lending, we move quickly. We can fund purchases that cause loan committees at banks and conventional lenders to drag their feet and eventually turn down your application. Whether you\u2019re looking at a property for your home or for investment purposes \u2013 or you\u2019re a real estate professional trying to save a sale \u2013 we can act fast and get the deal done.<\/p>\n
Since we\u2019re on the subject of speed, let me give you a few details. First, we are dedicated to world-class customer service. We handle virtually everything in-house and with our experience we can\u00a0give borrowers an answer within 24 hours<\/a>. In addition to that, we can fund loans in seven to 10 days.<\/p>\n Your credit report number isn\u2019t important to us at Evoque Lending. We know that credit scores often don\u2019t reflect the ability of a borrower to make payments. At Evoque Lending we want to make sure that you have enough equity in the property and that you can make your monthly payments. When those two requirements are in place, we\u2019re usually \u201cgood to go.\u201d<\/p>\nLoan terms to suit your needs<\/strong><\/h2>\n