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I'm a real estate agent and I'm looking for funds for a client to close a deal ASAP. He is a Solid buyer, However he needs additional funds to buy a unique property that the appraisal failed to see the value. The owners knows the value and want full purchase price. This leaves my buyer at a disadvantage. He loves the property and is willing to pay the Additional amount, however he needs to secure a private money second to do so. I will be happy to get you more Information If this is a situation that you can fund. by homesbyvalentine100 from , California. Nov 3rd 2014 Reply


Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,224 contributions

Private lenders are not likely to loan over the appraised value, usually want a sizable downpayment. If the appraiser didn't see the value its possible that the market would not see the value either. If applicable, one option that could be explored is a renovation loan where the value would be based on the improved property value, otherwise I can't think of any other options. Good luck.

Nov 4th 2014
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Larry Goodrow (larry_goodrow@yahoo.com)
#1038 ranked lender in California - 19 contributions

Call me as we can help as my private investors do a lot of creative things. send me more info and perhaps we can make it work for you let me know price, down payment, location etc, email to me for more info and a quote for your client, thanks

Nov 4th 2014
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 7,802 contributions

If your buyer does not have sufficient funds to pay the overage, then it's likely your loan to value will be too high for any type of private money.. but without knowing all the property and loan details, it's hard to advise you properly.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Nov 4th 2014
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Larry Goodrow (larry_goodrow@yahoo.com)
#1038 ranked lender in California - 19 contributions

I lend in and Specialize in Calif unlike some of the lenders here, if you send me some pertinent info specific to the deal such as price, down payment, FICO score and we can discuss your concerns, I can assist you. Depending on actual value our private lenders dont always use appraisals. Let me know email or call me at 408-892-3523

Nov 4th 2014
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