Highland, CA– TaliMar Financial, a Highland hard money lender, is pleased to announce our most recent funding of a $330,000 Fix & Flip loan secured on a single-family home in Highland, CA. The Borrower intends to complete a cosmetic update of the property before listing it for sale.
In this scenario, our Borrower was purchasing the property from a probate sale. They had agreed on an original close date but due to a disagreement from the seller, the close date was postponed repeatedly. TaliMar worked patiently with our Borrower and the Seller, and once the disagreement was settled, we closed in 3 business days.
Using a hard money lender to fund a hard money bridge loan or hard money fix and flip loan on a probate sale is common. In many cases, these homes are in poor condition and the closing timeframe can be fluid. Many conventional lenders are not interested to fund these transactions, and therefore hard money is often used.
About TaliMar Financial
TaliMar Financial is a San Diego hard money lender that specializes in funding residential and commercial Fix and Flip, Construction, and Bridge Loans. As a direct private money lender, we offer aggressive financing options and typically close our transactions in less than 7 business days. We work directly with real estate investors and property owners as well as real estate agents, mortgage brokers, and other real estate professionals.
Contact TaliMar today at (858) 242-4900 with your loan request or visit talimarfinancial.com to learn more about our hard money lending programs.