Bank Owned Northgate Condo Seller Financing Offered
March 12th, 2012
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Bank owned Northgate condo near Seattle with seller financing available-presented by George Moorhead. One of the best Seattle Condos!
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Posts Tagged ‘foreclosures’
How Does Owner Financing Work?
March 7th, 2012
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How does owner financing work? www.reimaverick.com Owner financing is becoming increasing popular in today’s economy due to how difficult obtaining a conventional mortgage has become. In order to qualify for most conventional mortgages, a person must have a certain credit score, must have employment for a certain number of years, and must be able to put 20% down on the property. Also, they must hope that the bank comes up with the same appraisal value of the property that everyone else in the equation does, or the loan will fall apart. The fact is, there are so many things that need to go right in order to obtain a loan that many people are turning to an alternative: owner financing. After all, in a free and competitive society, isn’t the ability to create new avenues in order to solve problems the backbone of capitalism? With that in mind, let’s answer the question ‘how does owner financing work?’ How Does Owner Financing Work | Conventional Mortgage Before we discuss owner financing, let’s first explain how a conventional mortgage works. Then we can explain the differences between a conventional mortgage and owner financing. In a conventional mortgage, a seller agrees to sell a house to a buyer for a price. When the sale is complete, the new buyer obtains a ‘deed’ to the house. The buyer goes to a bank to obtain a loan for the purchase, using the house as collateral should the buyer ever default on the loan, and the seller is then paid in full at the time of the …
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Categories: Education buying homes, finance, foreclosures, home owner, how does owner financing work, investment property, lease option home, owner carry, owner financing, owner homes for sale, real estate, real estate education, real estate finance, seller financed, seller financed homes, seller financing, Subject To, Wrap Around Mortgage
Dominate Preforeclosures.
January 24th, 2012
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Categories: Education al lowrey, bill bronchick, buy property, carelton sheets, cash, cretive, david finkel, David Lindahl, dolf de roos, Donald Trump, financing, foreclosure, foreclosures, insider secrets, investing, john reed, learning annex, Make Money, no, no money down, nouveau riche, peter conti, preforeclosure, real estate investing, robert allen, robert irwin, robert shemin, Ron legrand, russ whitney, techniques, Vena Jones Cox, wade cook, writing contracts
Lease Option / Seller Financing Royal Equity Group, LLC
October 1st, 2011
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Royal Equity Group, LLC San Francsico, CA Lease Option / Seller Financing Bad Credit OK, No Credit OK, Foreclosures, OK Bankruptsies OK. 2486 Washingotn St, Stockton CA
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Categories: Education foreclosures, lease option, LLC, No Credit OK, OK, Royal Equity Group, seller financing, Stockton CA
Is it better to buy a short sale or a foreclosure?
September 10th, 2011
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We were looking into new construction but then thought with so many homes going into foreclosure- it would be best to buy one of those. What are the pros and cons dealing with short sales versus foreclosures? We are preapproved for a VA loan so that won’t be an issue.
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When you buy a foreclosure and have to pay all previous HOA dues of previous owner due you Think it's fair?
July 16th, 2011
8 comments
Im not an attorney Mortgage companies, when properties are sold at Foreclosures, pay 6-12 of past dues but consumers are legislated by law to pay all back dues in Florida. Is this a form of discrimination or not? I can’t find any case law where it’s been challenged. It would make a good case for any attorney that’s up to the challenge.
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Categories: Education back dues, case law, consumers, discrimination, foreclosures, mortgage companies
does anyone know how to go directly through a bank to buy a foreclosure property?
July 6th, 2011
4 comments
I have heard you can do this- and would like to forego the realtor- go directly to a bank. I know they own their foreclosures- obviously- so this has got to be a possibility.
Any feedback helps. Thank you
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can someone help me find a foreclosure houe to buy without the real eastate people jacking the price up?
June 15th, 2011
8 comments
everywhere i look i see foreclosures, but the real eaastate agent sends the price sky high. i just want to buy a house to live in. i am not looking for profit
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Why does foreclosure make it a good time to buy a house?
March 17th, 2011
6 comments
I read that there were approximately 1.6 million foreclosures in the US in 2006. Texas had the fourth largest foreclosure rate in the country. I am hearing that this is making it an excellent time to buy. I don’t understand why.
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How to buy a foreclosure without lots of cash?
February 5th, 2011
1 comment
I am not in a position to get another mortgage, nor do I have 40-60k lying around to take advantage of these foreclosures. Is there a way to find a capitalist, or take out another mortgage on these "cash only REO offer foreclosures?" I am thinking their must be a loophole.
This is for a second home to turn into a rental. I allready am getting a first one with my 20 percent down, and decently excellent (730 score) credit
