This week Bruce is joined by Greg Norris and Craig Hill.
Aaron Norris of The Norris Group covers this week’s biggest real estate headlines including P.A.C.E programs ending, Redfin’s study of listing homes and sales statistics, loan origination and closing costs on the rise, Transunion’s report talking about delinquencies, DQ News reporting sales and process decline in July, California’s first time homebuyer program ending, and Republican districts have a lower foreclosure rate.
Aaron Norris from the Norris Group attempts to digest this week’s real estate news in two minutes.
Bruce speaks with Craig Hill again regarding hard money loans and trust deed investments at the Norris Group. This week Craig discusses preferred characteristics for a hard money borrower. With over 20 years in the hard money business, Craig has important discernment skills that protects our money sources. The Norris Group only loans in California so The Norris Group offers local insights and prides itself on an excellent track record. Bruce and Craig discuss why The Norris Group does not offer pooled (also known as fractionalized) trust deed investment and why they prefer their one-on-one method and the risk-saving features it offers. Bruce Norris and Craig Hill also discuss the new long term hard money program currently available.
This week Bruce Norris is joined by Craig Hill. Craig Hill is The Norris Group’s hard money loan officer and California trust deed investments manager. Bruce and Craig talk about things going on in the current market, how they started working together, and the mind set of current investors in the market place.