Houston, TX
Hard Money Lenders
Tiffany Finch
Loan Consultant
(832) 922-8352
t.finch@novellecapital.com
Education: BBA in Finance – University of Houston Downtown, MBA – Southern New Hampshire University
Tiffany Finch is a Texas Certified Residential Real Estate Appraiser with a strong foundation in finance and a dedication to serving the Houston community. Her journey is marked by a commitment to excellence, both in her professional career and in her service to her country.
With over a decade of experience, Tiffany has been a trusted figure in the Houston real estate market. Her expertise in appraising residential properties is a testament to her analytical skills and deep understanding of the local real estate landscape.
Career Highlights:
- Houston Expertise: Tiffany has been appraising residential properties in the Houston area since 2015. Her in-depth knowledge of the local real estate market, combined with her education in finance, allows her to provide accurate and valuable appraisals to her clients.
- Educational Pursuits: Tiffany's dedication to continuous learning is evident in her educational journey. She holds a Bachelor of Business Administration in Finance from the University of Houston Downtown and an MBA from Southern New Hampshire University, demonstrating her commitment to excellence and professional growth.
- Military Service: Prior to her career in real estate, Tiffany served as a 1st Lieutenant in the Texas Army National Guard, exemplifying her dedication to both her country and her community.
Outside of her busy professional life, Tiffany finds solace and enjoyment in her hobbies. She is an avid runner, constantly seeking new challenges and setting goals for herself. Additionally, she is a horseback riding enthusiast, relishing the connection with these majestic animals and the escape from the urban hustle and bustle.
Tiffany Finch's career as a certified appraiser, her military service, and her vibrant hobbies reflect her passion for both professional success and personal fulfillment. Her commitment to excellence and dedication to her community make her a respected figure in the real estate industry and a source of inspiration to those around her.
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Houston, TX
The real estate market in Houston, Texas, offers a competitive landscape for investors seeking opportunities in property investment. In October 2023, the median sale price of homes in Houston stood at $328,000, reflecting a 2.4% increase from the previous year. Homes are selling relatively quickly, spending an average of 31 days on the market, a slight increase from 29 days seen last year.
However, there's been a 16.3% decrease in the number of homes sold in October compared to the previous year, with 1,581 homes sold this year as opposed to 1,888 last year. Despite this decline, the market maintains a healthy pace of transactions.
Houston's cost of living stands 8% lower than the national average, making it an appealing prospect for those considering relocation or investment. Housing expenses in Houston are notably lower, approximately 18% below the national average. Additionally, utility prices are 1% lower, while transportation expenses, including bus fares and gas prices, are 6% lower than the national average.
Investors eyeing the Houston real estate market can leverage these cost advantages when considering their investment strategies. The median home price at $370,650 and a median rent of $1,127 per month provide an attractive proposition for both buyers and potential tenants.
Understanding the financial landscape is pivotal for real estate investors. Loans and funding options tailored to Houston's market dynamics can significantly impact investment decisions. Exploring various financing avenues aligned with the market trends ensures investors can maximize their potential returns in Houston's burgeoning real estate market.
In conclusion, Houston's real estate market continues to exhibit promising trends for investors. The steady rise in median home prices, coupled with a relatively quick turnover rate, indicates opportunities for those venturing into real estate investment. The city's lower cost of living, particularly in housing, utilities, and transportation, further solidifies its position as an attractive destination for prospective investors.
Navigating the Houston market necessitates a comprehensive understanding of its nuances and the financial options available. To optimize investment potential, investors are encouraged to delve deeper into the evolving trends and potentially seek advice from local real estate experts. By capitalizing on Houston's favorable market conditions and exploring tailored financing solutions, investors can position themselves for success in the thriving Houston real estate landscape.
Benefits of Private and Hard Money Lending in Houston:
Speed and Accessibility: In Houston, Texas, private and hard money lenders prioritize swift approval processes and rapid funding, crucial for seizing time-sensitive real estate opportunities in this dynamic market.
Tailored Loan Terms: Houston's private lenders excel in offering flexible loan terms. Borrowers have the freedom to negotiate interest rates, repayment schedules, and other specifics, crafting financing arrangements that precisely match their unique needs.
Collateral-Centric Approval: Hard money lenders in Houston prioritize property value and potential, enabling borrowers facing credit challenges or unconventional projects to secure financing based on collateral. This approach broadens accessibility for diverse borrower profiles.
Inclusive Borrowing: Houston's private and hard money lending caters to a broad spectrum of borrowers, ranging from real estate investors to small businesses and individuals with distinct financial requirements. This inclusivity makes these lending options versatile for various projects and scenarios.
Fueling Real Estate Ventures: Houston's thriving real estate market attracts investors seeking growth opportunities. Private and hard money lending serves as pivotal support, providing the essential capital for property acquisitions, renovations, and expansions.
Understanding Houston's Market Dynamics: Engaging in private and hard money lending in Houston involves comprehending local market intricacies and leveraging the advantages these financing options offer. Whether you're an investor in need of swift capital or have unique financial needs, exploring the accessibility and flexibility of these lending avenues strategically aligns with Houston's dynamic real estate landscape. Collaborating with reputable local lenders and staying informed about market trends maximizes these advantages, driving successful and lucrative real estate ventures in Houston.
Real Estate Investor Clubs
Getting involved in real estate investor clubs can be a game-changer for those looking to thrive in the world of property investment. These clubs, such as Real Estate Investment Associations (REIAs), offer a fertile ground for networking, learning, and collaboration among like-minded professionals. Whether you're a seasoned investor or just starting out, joining a local or regional REIA can provide invaluable opportunities to expand your knowledge base, forge important connections, and stay abreast of market trends.
REIAs play a crucial role in fostering a vibrant real estate community. By participating in these clubs, investors gain access to a wealth of resources, from educational seminars and workshops to mentorship programs and deal-sharing opportunities. Moreover, REIAs provide a supportive environment where members can exchange ideas, seek advice, and even form partnerships for mutual benefit.
We've provided a list of local REIAs serving the Houston area:
For those aiming to succeed in real estate investment, involvement in REIAs is not just recommended—it's practically essential. These associations offer a platform for continuous growth and development, empowering investors to navigate challenges, capitalize on opportunities, and ultimately, achieve their investment goals. So whether you're scouting for your next property or seeking to expand your portfolio, consider joining a REIA today and unlock the full potential of your real estate endeavors.
