Tag Archives: realtors

Owner Financing Benefits for Home Buyers – Forte Properties

What are some Owner Financing Benefits for Home Buyers? Find out here or visit our website @ www.GreaterAustinHomes.com About 20% of the houses sold in the US involve some form of Owner Financing. Without a lot of the technical terminology, here are some simple facts in regards to the benefits with Owner Financing for home buyers. If you wish to buy a home but don’t have the credit and cannot afford the down payment, then Owner Financing is an option you may look out for. The biggest benefit to home buyers that comes with owner financing is easy qualification. You may have poor credit because of a divorce or recent bankruptcy. You may be self employed and cannot prove income, or new to your job and cannot meet strict lender guidelines. There are dozens of reasons why a buyer cannot qualify for a conventional bank loan. In this case, Owner financing becomes the perfect solution. Another major benefit for Owner Financed home buyers is not having to pay the costs associated with conventional loans. Points, origination fees, underwriting charges, appraisal, credit reports, title insurance, and the plethora of other fees charged by conventional lenders can amount to thousands of dollars at closing. The buyer is free from these with an Owner Financed home sale. The third and final benefit we are going to discuss in this video is fast closing. A buyer can close and move into an Owner Financed property within days, since there is no third party lender holding up the transaction

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    Secret Strategies to find Owner Financed Homes In Austin

    www.home-texas.com Hi, I’m Marshall Saleman, co-founder and Managing Partner of Home Options Made Easy. Feel free to connect with me on my personal and business pages on Facebook and twitter so we can get to know each other better. I wanted to make a quick 2-3 minute video about Owner Financed Homes in Austin and the types of inventory available Here at Home Options Made Easy there are many different ways we locate owner financed homes in Austin and the surrounding area’s In this video, I wanted to explain one of our Secret Strategy Avenues Well, it’s not really a secret, rather than common sense, we want to offer the value of choice, and have worked over the years to find the most opportunities for our clients See, since we are Realtors, we not only have access publicly listed owner finance homes, we have access to Homes listed by other licensed real estate agents thru a system called MLS. We also have the ability to see ALL homes offered on the MLS. Depending on both buyer and seller situation, owner financing may be the best solution. WE also have privately offered homes which you will find nowhere else other our website, and offer you the ability to perform your own searches right from www.Home-Texas.Com But most importantly, we are here to protect your interests in your next purchase, and be your guide and council thru the entire process, we specialize in creative solutions for our clients As you research different companies that will assist you in your next purchase

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      Privately Offered Owner Financed Homes In Austin

      www.home-texas.com Hi, I’m Marshall Saleman, co-founder and Managing Partner of Home Options Made Easy. Feel free to connect with me on my personal and business pages on Facebook and twitter so we can get to know each other better. I wanted to make a quick 2-3 minute video about Owner Financed Homes In Austin and the types of inventory available Here at Home Options Made Easy there are many different ways we locate owner financed homes in Austin and the surrounding area’s in this video, I wanted to explain one of our Avenues, which are privately offered owner Financed Homes. Privately offered owner finance homes, are not available to the general public, through years of networking, and assisting our clients obtaining home ownership, through creative means, we have built relationships with sellers offering owner financing and their properties are available on our website www.Home-Texas.com Owner Financed Homes in Austin are also publicly listed, which you will find on our site and we have other strategies at our disposal to locate the right home for you, We also offer the ability for you to run searches for homes, right from our website, But most importantly, we are here to protect your interests in your next purchase, and be your guide and council thru the entire process, we specialize in creative solutions for our clients As you research different companies that will assist you in your next purchase, identify what you are looking for specifically in a company, It could

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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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          What is Owner Financing in Real Estate? – Forte Properties

          What is Owner Financing in Real Estate? Find out here or visit our website @ www.GreaterAustinHomes.com Owner Financing or Seller Financing in real estate is where all of the purchase price, less the buyer’s down payment, is carried by the seller. Instead of going to the bank, and in exchange for full legal ownership of the property, the buyer gives a real estate lien note to the seller as evidence of the loan and makes payments to the seller or to a third party servicing company. Even if there is an existing loan on the property, the Seller can still sell with Owner Financing using a wrap around mortgage. Put simply, a wrap around mortgage is a new mortgage that is created on a property that “wraps around” an existing mortgage. There are many benefits that come with Owner Financing as opposed to conventional financing for both the buyer and seller. Sometimes the advantages inure to the benefit of one or the other, but in most cases the transaction is a “Win for both parties. Sellers like Owner Financing, because they can make money upfront, in some cases cash flow monthly and collect the equity when the buyers refinance without all the hassles and liabilities that come with being a landlord. This is also a great tool for home Sellers with little or no equity and is an excellent alternative to short sale or foreclosure. Buyers like Owner Financing, because they are able to purchase their very own home when otherwise they could not. Qualifications are easy, closing costs

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            Lease Option Practice – with Realtors

            www.wendypatton.com Wendy Patton’s students practice role playing as investors speaking to real estate agents about lease options and how it benefits their clients and how it benefits them. The role playing exercises are part of Wendy Patton’s Lease Option Training Boot Camp. To learn more go to www.wendypatton.com

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              Owner Financing for Realtors (Class 1 of 5)

              ownerfinancingclub.com Use this link to get access to classes 2 thru 5. Real estate professionals need to know how to use owner financing to help their clients, and keep commissions rolling. When you are aware of how the “discounted note business” works, you will put even more transactions together, put more money in your pocket, and save your clients THOUSANDS of dollars. The stronger we are as individuals, the more stable the economy and the faster the recovery.

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                HUD Releases Update Revisions to SAFE Act on Seller Financing and Private Lending

                HUD released new legal updates to the SAFE Act on Seller Financing and Private Lending involving real estate transactions. Attorney Harry Borders of AskHarryBorders.com explains these new changes and how it affect today’s real estate market for homebuyers, realtors, attorneys, title companies, investors, lenders, loan officers, mortgage brokers and more.

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                  Is it more convenient to rent a house or ” lease to purchase” option?

                  What would you recommend? They advised me to look into leasing with the possibility of owning which would be by using part of the money for the rent to pay for the house for a certain period of time. Now, it will be useful to find a place or website where no realtors but owners are involved that offer this option. If you know of anything please let me know. I live in Florida. Any helpful answers will be welcomed.

                  Thanks,

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