Luxury Mortgage Blog

Warren Buffet is famous for saying that the “herd mentality” controls the markets and that the markets can be controlled as much by emotion as anything else, and the belief that we are heading into a could quite easily be yet another example of this. If people think the Las Vegas market is ailing, it will likely fall in the short term. Fortunatley, this mentality can be quickly overturned by the fundamental factors that influence the local economy and markets. So, will the Las Vegas local economy really tank due to a US recession?

Luxury Mortgage Group, a direct lender based in Las Vegas, Nevada has been selected as the exclusive preferred lender for Allure Las Vegas. The high rise project is a 41-story luxury condominium tower offering exceptional views of the Las Vegas Strip and the surrounding mountains, superb amenities and lavish finishes.
“All throughout this project we have carefully […]

As the mortgage market continues to tighten the availability of residential mortgage money, many former qualified investment home borrowers are turning to hard money lenders to facilitate their needs.  In the first half of February of 2008, we’ve witnessed a massive resurgence of borrowers requesting this type of financing.

A hard money loan is typically defined as […]

        There is not much debate at this time about whether or not certain segments of the housing market are in fact in a crisis, but rather the real issue is how we deal with our current situation.  Some advocate letting the free markets play themselves out with little government intervention.  Ron Paul, the conservative […]