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Forbes: 12 Unusual Housing Trends to Track in 2013

Creative Financing

Despite record-low mortgage rates, real estate lending remains tight for many homeowners as well as home builders and small-scale developers. Non-traditional lenders have seized the opportunity to finance real estate investments from mortgages to development projects, in many cases charging hefty interest rates in return for the cash. Wall Street-based hedge funds and sovereign wealth funds have been among the most active for larger projects, while small firms like Procida Advisors underwrite mortgage loans for single-family home investors. Loans acquired from the savings of family members have become increasingly more popular, too.

(AFP/Getty Images)

More from Forbes:
Biggest Billionaire Home Sales of 2012
America's Friendliest Towns
20 Strange and Unusual Homes for Sale and Rent



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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