Today, Buyers love to talk about the low price that they got on the purchase of a property at foreclosure, or at a short sale. Unfortunately, many Buyers bragging about the low price of their purchase would have done much better if they had focused on what is important! Interestingly, many claims of low prices […]
FRESH STRAWBERRIES—ONLY 5 CENTS A QUART!
April 10, 2011 By
Wouldn’t you love to buy fresh strawberries at only 5 cents a quart? Who wouldn’t? But of course you can’t. In fact, you couldn’t even buy them at that price during World War II, when 5 cents a quart was the official price controlled by the government. And of course, that is the point, and […]
CAN THE FEDERAL GOVERNMENT RESTRICT SELLER FINANCING?
March 22, 2011 By
Last year’s passage of the SAFE Act and the Dodd-Frank Financial Reform Act both contain restrictions on Seller Financing. But the real question is, “Should we be concerned with these restrictions?” If the Buyer and Seller and the property are located within the same state (and thus, an intrastate transaction), my answer is a resounding […]
LEARN CREATIVE REAL ESTATE!
January 15, 2011 By
I am often asked, “WHY LEARN CREATIVE REAL ESTATE?”. My answer is, “not everyone should–in fact, there are six good reasons NOT to Learn Creative Real Estate”. These reasons are: You have sold every listing that you have ever taken. You have never had a transaction “DFT” because the Lender didn’t like the property. You have […]