In a transaction involving a loan from a traditional Lender there are fairly strict rules about what is allowed for down payments. But in transactions involving Creative Financing, anything of value to the Seller or anything that increases the Buyer’s equity in the property will make a safer transaction for the Seller. Ten of my […]
TOYOTAS AND HOUSES
June 11, 2011 By
What, you may ask “do Toyotas have to do with houses”. Actually they have nothing in common, but the relationship between them is a graphic way of demonstrating the impact of value appreciation and price increases due to inflation. This analogy is one that I first heard from my friend David Campbell of Hassle Free […]
THE EASY WAY TO GET LOW DOWN, LOW INTEREST LOANS!—PART 2
May 7, 2011 By
In Part 1 of The Easy Way to Get Low Down, Low Interest Loans, I explained that there are many homes today that have little equity that are subject to low interest loans that can be assumed. Even though these loans will almost always have a “Due on Sale” clause, the risk of a Lender […]
THE EASY WAY TO GET LOW DOWN, LOW INTEREST LOANS!—PART 1
April 28, 2011 By
You may be surprised to learn that the Easy Way to Get Low Down, Low Interest Loans is not some new government subsidized program. In fact, there is nothing new about this time proven technique which was a major source of financing during the high interest rate era of the late 70s and early […]
WHY LOW PURCHASE PRICES ARE HIGHLY OVERRATED!
April 25, 2011 By
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 […]