The money-lending scenario in which the property used as collateral is of more interest to the lender than the borrower's ability to pay is known as Atlanta hard money lending. This is a very specialized, short-term type of lending, also known as a bridging loan. This situation is more expensive to the borrower than more traditional lending scenarios.
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.
There is an international airport, Hartsfield-Jackson, 15 minutes south of the city center. It may be surprising, but the Hartsfield-Jackson is the busiest airport in the entire world in terms of the number of passengers it handles. In 2012, it served 95,000,000. The first passenger flight out of the airport was in 1928. It is the hub of Delta Air Lines, which also runs flights to the United Kingdom.
One of the oldest, most mature and established neighborhoods is Mozley Park, built in the 1920s. Homes here tend to be mostly Craftsman bungalows and Folk Victorian cottages. The bungalows rarely have driveways. The Folk Victorian style, a blend of English classic with American homestead, is named after the Franco-British custom of naming architectural genre after the monarch who is reigning at the time. In this case, the monarch was Queen Victoria of England.
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.
The diversity of housing styles here are attractive collateral for Atlanta hard money lending. Among the various genres are Georgian, Federalist and antebellum, derived from the combined British and Spanish heritage of the city. Other styles here are Neo-Mediterranean, Neo-Classical and American Colonial.
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.
There is an international airport, Hartsfield-Jackson, 15 minutes south of the city center. It may be surprising, but the Hartsfield-Jackson is the busiest airport in the entire world in terms of the number of passengers it handles. In 2012, it served 95,000,000. The first passenger flight out of the airport was in 1928. It is the hub of Delta Air Lines, which also runs flights to the United Kingdom.
One of the oldest, most mature and established neighborhoods is Mozley Park, built in the 1920s. Homes here tend to be mostly Craftsman bungalows and Folk Victorian cottages. The bungalows rarely have driveways. The Folk Victorian style, a blend of English classic with American homestead, is named after the Franco-British custom of naming architectural genre after the monarch who is reigning at the time. In this case, the monarch was Queen Victoria of England.
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.
The diversity of housing styles here are attractive collateral for Atlanta hard money lending. Among the various genres are Georgian, Federalist and antebellum, derived from the combined British and Spanish heritage of the city. Other styles here are Neo-Mediterranean, Neo-Classical and American Colonial.
About the Author:
Tom G. Honeycutt is a full-time real estate entrepreneur in Atlanta, GA. Tom helps readers by providing practical and useful knowledge to better understand lending choices. If you are looking Commercial Rehab Loan Companies | Atlanta, GA He suggests you check out the website iFund International
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