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Although sales
in the real estate marketplace have slowed
considerably from their record levels of recent
years, one segment of the market offering some
great opportunities has become much more
active
— foreclosures.
This is a fast
moving market where some conventional sources of
real estate lending exited the market, while
others have retrenched or become even more
cautious. Opportunities to buy foreclosed
properties can be easily lost.
For investors and dealers who do not want to sit on
the sidelines (and do not want to find partners
who, of course, will want a substantial share of
the project equity) an experienced direct hard
money lender like Gala Resources can be
the solution to your participation in purchases
of foreclosures.
We are not "sitting-out" the real estate slowdown,
the higher rates of foreclosure and the problems
of undisciplined lending to sub-prime home buyers. We continue
to have short term funds available for real
estate investors and dealers. We believe that
some of the best project possibilities today
will be found in foreclosed residential real estate. Many
experienced dealers are still active in this
market, and we are ready to work with them.
Gala Resources
helps finance investments in residential foreclosed
properties.
If you are an experienced investor or dealer,
contact us now.
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