Tag Archives: education

Owner Financing | Owner Financing is Often the Best Way to Go

Owner Financing – www.reimaverick.com If you look at the statistics recently released by the National Association of Realtors, you may believe that the housing market is looking up. According to information released in January, the housing affordability index was at its highest level ever. It came in at 206 which means that average families have twice the amount needed, in terms of income, to buy a house. This is assuming that a 20% down payment is made and 25% of the income will go to a mortgage. They also believe that the index will remain at this level for the rest of the year. What does that mean for real estate marketing though? Will homes start to sell now that families can afford them? Not necessarily. If a bank is not willing to loan the money for a mortgage, you may not be able to buy or sell. What do you do when this is the case? Why not turn to owner financing? If an owner is willing to finance his or her home, both parties can get a great deal. What are the advantages of going this route and why are so many turning to this form of creative real estate investing? There are advantages for the buyer, the seller and both parties so you may wish to finance your new home this way, and if you are a real estate professional seeking to understand how to buy and sell houses in this tough economy, then this article will provide the answers to questions that you may have about owner financing. When you have poor credit, you will likely not be able to obtain a mortgage

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    How Much Down Payment For Owner Financed Homes? – Forte Properties

    How much down payment is needed to purchase Owner Financed homes? Find out here or visit our website @ www.GreaterAustinHomes.com If you’ve got around 10 percent saved for a down payment, regardless of your credit, Forté Properties can help you find, negotiate and purchase an Owner Financed home in Texas. The actual dollar amount of the 10 percent depends on the price range of homes you are looking in. As part of our free buyer representation, we will help you determine a monthly payment that you can comfortably afford which will then determine the price range of homes that fit your target budget. If you’ve got less than 6 percent down, you must have good credit or be very lucky if you want to be able to buy a nice home at a fair price. A successful owner financed home purchase is a balanced combination of sales price, down payment, interest rate and term to refinance. If you don’t have a huge down payment, there are other ways you can make up for it in terms of paying over market value or higher interest rates on low down investor homes, but why would you want to? If you don’t have a lot of money available for a down payment, the best option would be to invest some of that money into fixing your credit, then qualify for a low down payment conventional loan. If you need to purchase a home fast, we have other options available and will custom tailor our services to fit your unique financial situation. When it comes to purchasing a home, you should never settle for good

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      Scott Meyers Cincinnati REIA All-Day Saturday Self Storage Seminar Commercial Warehouse Investing

      Dear Fellow Real Estate Entrepreneur, What if You Could Have All the BENEFITS of Owning Real Estate, Including All the Tax Advantages, Property Appreciation and a Lucrative Cash Flow, WITHOUT the Hassle of Tenants? That’s precisely what we’re going to learn from Scott Meyers, the nation’s leading Self-Storage educator, during the September REIA of Greater Cincinnati general meeting. … “No Tenants or Toilets! 000 a Month in Self-Storage Facilities” During a recession, lots of people are forced to downsize. When they do, guess what happens to all their “stuff”? It goes into self-storage facilities—and people who own them make a fortune. Scott’s very first year in this business, he created over 000 a month in positive cash flow—and No Tenants or Toilets to deal with! Please join us for this special presentation and Scott will show you: • Why self-storage has out-performed every other sector of the real estate market in the past 30 years • How to identify the ‘ugly stepsister’, buy them with no money down, and turn them into seriously profitable ‘belles of the ball’ • How you can buy self-storage facilities anywhere in the US and run them remotely for the ultimate hands-off investment Scott Meyer’s real estate career began back in 1993 after purchasing a home study course by one of the top ‘gurus’ in the country on how to invest in real estate with no money down. And Scott, unlike so many other people who buy courses and then stick them on the shelf, actually watched

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        Lease Options: A Great Way To Make Money In Real Estate

        Lease Options and Options are a great way for real estate entrepreneurs to make money in real estate with little money and no credit. Get Your Free CD “Finding the Motivated Seller The Key To Your Success As A Real Estate Entrepreneur” www.findingthemotivatedsellers.com

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