A Guide To Atlanta Hard Money Lending

djamal-soft الخميس، 23 يناير 2014
By Tom G. Honeycutt


Atlanta hard money lending is a special type of short-term lending using property as collateral. Here, the value of the property is more important than the borrower's status or ability to pay. This type of loan is more costly to the borrower because it is not based on traditional guidelines regarding credit.

Atlanta is the state capital of Georgia, a southern state on the Atlantic coast of the United States. The capital itself is situated some 250 miles inland from the coastal city of Savannah in the north west corner of the state. It takes approximately three and a half hours to drive from Savannah to the state capital. An "alpha" world city that formed in 1837 at the crossroads of two railway lines, the city has a GDP of $270 billion.

There are almost 450,000 as determined at the census in 2010. There are approximately 3,200 per square mile. Atlanta is bisected by two interstate highways, I-20 running east/west, and I-85 running north/south. The city hosts three professional sports clubs: the Hawks (basketball), the Braves (major league baseball) and the NFL football team, the Falcons. The top local employers include Delta Air Lines, Emory University and several public school districts.

Hartsfield-Jackson International Airport is a short distance from downtown via I-85. Perhaps surprisingly, it is the busiest airport in the world in terms of the numbers of passengers, 95 million in 2012. The airport is the job of Delta Air Lines and opened in May 1928.

Mozley Park is a mature, well-established neighborhood built in the 1920s. Homes are mainly Folk Victorian cottages and Craftsman bungalows without driveways. The Folk Victorian style is a combination of the American homestead style with English classic cottage. The name follows the French and English convention of naming architectural styles after the reigning monarch, in this case, Queen Victoria.

The American Craftsman genre evolved out of the English Arts and Crafts movement in the 1860s and remained popular for 60 or 70 years. At this time, skilled workmanship was more highly prized than knocking buildings up in a hurry. Consequently, these homes remained the preserve of the wealthy.

These are only two of the potential styles of housing that might be used as collateral for Atlanta hard money lending. The entire city is an abundance of fascinating architectural genres. Among these are Neo-Classical, American Colonial and Neo-Mediterranean. The area's British and Spanish heritage speaks to Georgian, Federalist and Ante-bellum styles of construction.




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