Tag Archives: Subject To

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

Similar Stories

    How Does Owner Financing Work?

    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

    Similar Stories

      Combine IRA real estate investing with Seller Financing for Added Security

      www.addicted2realestate.comAddicted to Real Estate–Why I Can’t Stop and Why You Should Start, by Phil Falcone, is a case study of a full-time investor who can’t stop making aggressive and creative real estate moves http Real Estate Addict Reveals His Secrets for Success…and Shows You Why You Should Become an Addict Too! Do you want to learn about real estate investment from a fresh perspective, by “getting into the head” of someone who is doing it all the time? Do you want to get the edge when negotiating your next real estate investment deal? Do you want to take your real estate portfolio to new heights? www.addicted2realestate.com Meet The Addict Phil Falcone, the ultimate real estate addict, honestly chronicles his real estate success story in his new book, “Addicted to Real Estate…Why I Can’t Stop and Why You Should Start”. From his first investment property over 20 years ago, to his relentless search for the next great deal every day…he is a non-stop real estate investment machine! Get Addicted Phil takes you through his deals, and shares with you what he was thinking as he made each real estate move. Whether you are a seasoned veteran, or just getting started, Phil shows you how to achieve amazing success as a real estate investor and addict • Delve into the details of actual deals he negotiated and learn why his methods were so effective • www.addicted2realestate.com Discover why his residential to commercial real estate strategy will create ultimate wealth

      Similar Stories

        For Sale on Ebay: Wendy Patton Lease Options

        The ebay listing is here tinyurl.com This is Wendy Patton’s Wealth Building Arsenal consisting of 4 courses. “Selling on Lease Options”, “Buying on Lease Options”, “Working with Realtors” and “Get the deed subject to.”

        Similar Stories

          Win-Win-Win deals with lease Options – Peter Conti interviews Wendy Patton

          www.mentorfinancialgroup.com This is an amazing training about how to buy real estate in today’s crazy markets. You’ll learn how to structure win-win-win big deal using lease options and subject to transactions. You’ll also learn: On this call Wendy Patton will show you: *How and where to find motivated sellers *Evaluate profitability for a truly Win-Win-Win deal. *How to structure a Lease Option to be very lucrative for everyone. *The benefits of Working with Realtors *Steps to Buying and Selling on Lease Options from beginning to the final check. Peter Conti is the author of: How to Create Multiple Streams of Income Buying Nice Homes in Nice Areas Buying Real Estate without Cash or Credit Making Big Money in Real Estate without Tenants, Banks or Rehab Projects Making Big Money in Foreclosures without Cash or Credit Commercial Real Estate Investing for Dummies

          Similar Stories

          When to Use “Subject To” vs. “Lease Options” – Creative Real Estate Investing Training

          www.localmentor.com Colorado Real Estate Investing Expert, Michael Jake, discusses the strategies for buying houses “subject to” and controlling houses with lease options. For more real estate investing training on foreclosures, creative real estate investing, subject to, lease options, owner financing and no money down investing techniques – and to claim your free real estate investing course visit http

          Similar Stories