What You Need to Know About Gold Buffalo Coins and Other Gold Bullion

You’ve probably heard a lot about the gold Buffalo Coin and other gold bullion. You may have even heard that you can create a gold-backed IRA and fund it with the gold Buffalo Coin (among others). If so, you’ve heard right.  But if you’ve never invested in gold or created a gold-backed IRA before, then you probably have questions.  Here are your answers…

Do you need to be a coin collector to purchase gold Buffalo Coin and other gold coins?

No.

People who invest in common coins like the gold Buffalo Coin, the Gold Eagle, the Canadian Maple Leaf and similar gold coins aren’t doing it because they like collecting coins – they’re doing it because these coins are a convenient way to carry and store gold.  Thus you don’t have to know anything about coins like the gold Buffalo Coin in order to invest in gold.

What is a gold-backed IRA?

The United States IRS allows people to create gold-backed IRAs (individual retirement accounts) by investing in real gold. So instead of merely having stocks in gold-mining businesses, you’ll have real gold sitting in a repository.  More information about creating gold backed IRA can be read here http://www.57gold.com/gold-and-silver-resources/how-to-create-a-gold-backed-ira.

 

Acceptable coins for your gold-backed IRA include the gold Buffalo Coin, the US Gold Eagle, the Austrian Philharmonic coin, the Canadian Maple Leaf and the Australian Kangaroo gold coin. You can also create your gold IRA by buying gold bars and other bullion.

However, do note that you need to follow these two rules when creating a gold-backed IRA:

·         The gold in our gold IRA must be .999 pure.

·         You can’t add your existing gold to your gold IRA.  So, for example, if you have gold Buffalo Coins already in your possession, you can’t add them to your gold-backed IRA. Instead, you’ll need to buy gold Buffalo Coins from an approved gold seller like 57Gold.com and direct them to put the coins into your gold-backed IRA.

Do I take physical possession of the gold?

If you’re creating a gold IRA, then the gold will be stored in a trusted repository. However, if you’re investing in gold that’s not going to be used in a gold-backed IRA, then yes… you can take physical possession of it.  You can store your gold Buffalo Coin rolls at home or in the safe repository of your choosing – it’s up to you.

Where can I buy the gold Buffalo coins and other bullion?

You need to go through the trusted companies to get them. Check them out right now, because they have the precious metals and all the answers you need to start investing in gold, silver or platinum right away.

How to Quickly Secure Hard Money Loans in Arizona

One of the advantages of working with hard money lenders in Arizona is that you often can secure your funding more quickly than if you go through traditional mortgage lenders.  However, this is only true if don’t do anything to unintentionally delay the process.  That’s why if you’re seeking out hard money loans in Arizona, you’ll want to keep the following guidelines in mind…

Tip 1: Work with Arizona Hard Money Lenders who’re committed to Fast Turnaround Times

As a real estate investor, you know that you need to be quick in order to take advantage of certain real estate opportunities. That’s why you need to work with hard money lenders in Arizona who’ll approve your application and deploy your hard money as quickly as possible.

One such company is the Active Funding Group. This well-established company is equipped to make same-day or next-day application decisions, plus they’re committed to deploying your hard money in Arizona as quickly as possible. And since they’re the largest specialty finance company in the Desert Southwest, you know your business is in good hands.

Tip 2: Make Sure Properties Are Accessible to Your Arizona Hard Money Lenders

Because hard money loans in Arizona are asset-based loans, your Arizona hard money lender needs to inspect both the exterior and interior of the property before they can approve your request for funding. Some Arizona hard money lenders may make certain exceptions to this inspection requirement, such as in the case of trustee sales. 

Tip 3: Double Check Your Hard Money Loans Application

The better hard money lenders in Arizona (such as the Active Funding Group) seek to expedite the loan application process by allowing you to do complete the application online.  However, if you neglect to complete the Arizona hard money loans application, or if you provide inaccurate information, then you may experience delays.

Read the interesting yahoo voice about hard money loans at http://voices.yahoo.com/hard-money-loans-real-estate-investing-717249.html?cat=54

To that end, be sure that you double check your hard money loans application before you click the submit button. In particular, pay attention to these application details:

•    The address of the property. This is important so that your Arizona hard money lender can properly evaluate the property.

•    Your name, address and telephone number. This needs to be accurate so that your Arizona hard money lender can quickly and easily reach you with your lending decision.

•    The financial details. In other words, what size loan are you requesting?

If you do find a mistake on your Arizona hard money application, be sure to correct it as quickly as possible to help avoid delays.

To get started with your hard money application now, go to Arizona’s largest specialty finance company and read the tips at http://www.activefundinggroup.com/AZ/hard-money-loans.html to know how to get hard money loans from them.