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Real Estate Finance Corporation and Win Big Development have record first half with 8 homes sold, 4 more pending and 69 projects under construction

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Real Estate Finance Corporation and Win Big Development have record first half with 8 homes sold, 4 more pending and 69 projects under construction

In an incredible first two quarters of 2018, Real Estate Finance Corporation (REFCORP) and Win Big Development have sold eight houses with four more pending and has 69 residential and rehab projects throughout Arizona currently under construction.

PR Newswire

SCOTTSDALE, Ariz., Aug.23, 2018 /PRNewswire-PRWeb/ -- In an incredible first two quarters of 2018, Real Estate Finance Corporation (REFCORP) and Win Big Development have sold eight houses with four more pending and has 69 residential and rehab projects throughout Arizona currently under construction.

4 of the houses that REFCORP sold this year were in Phoenix; the other four were in Scottsdale. REFCORP's residential and rehab projects currently in development are located throughout the Scottsdale and Phoenix area as well as Cottonwood and Tonopah Arizona.

"It's an exciting time for us here at RECORP," said Adam Child, president, and CEO of RECORP. "The demand for Valley real estate is high once again, and the ability to borrow is getting easier, but the inventory remains low. The Valley needs dynamic investors like REFCORP to supply the needs of the market as it changes."

Child attributes the company's success over the past two quarters and in recent years to its strict criteria for investment, quality standards, and proven track record as well as a dynamic product being built by Win Big Development.

REFCORP's criteria for investment begins with careful consideration of cost and prices. The company establishes project budgets that guarantee quality homes that are located in high demand neighborhoods while taking into consideration the current market conditions that dictate the final sales price.

"Quality is non-negotiable," said Child. "Finished projects should shine and amaze all those who come to see them."

REFCORP's track record is what attracts clients to the company. Qualified investors can invest a minimum of $50,000 for a 12-month period. Typical projects will take four to eight months to complete and sell within 30 to 60 days of being on the market.

"Thanks to our success stories, we've continued to attract new borrowers and investors, and we've enjoyed the enduring support of long-time friends," Child said, "I've had clients here at REFCORP who've worked with me for more than 20 years."

REFCORP is a private lender and real estate investor based in Scottsdale, Ariz. The company provides short-term construction loans and value-add revitalization loans for residential real estate projects across Arizona. Adam Child is a founding member of RECORP and serves as its current President and CEO. He also serves as a Principal and founder at Mobile Home Financing, which develops manufactured home communities in rural parts of Arizona.

For more information go to http://www.refcorpaz.com or http://www.adam-child.com.

SOURCE REFCORP

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