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Creative home sellers who offer seller financing to potential buyers can often sell their houses more quickly (and at a higher price) in a slow market. Similarly, the process for obtaining a large cash payment for the seller after a note is created varies from the conventional real estate closing technique as well. An alternate marketing strategy is required for finding note buyers. More
Market pricing for real estate cash flows
Banks and other financial institutions purchase cash flows on a regular basis. These payment streams are often purchased without a discount. Aside from a change of recipient address for their monthly payments, the transfer is completely seamless to the payer. If the buyer of the loan is comfortable with the risk, then no discount is needed. More
As explained in the last issue, seller financing can be an extremely useful option to sell a house in a slow real estate market. Unconventional private lending is a great way to increase the overall sales closing ratio. When the property owner is willing to "carry back" a note, it is often possible to obtain a higher selling price and reduce the time needed to find a buyer. More
The Problem
When it comes to selling real estate, one of the most difficult and frustrating situations for sellers is when market conditions make it nearly impossible to sell at the desired price point. With traditional property sales methods, the only way to prevent the property from sitting on the market indefinitely is to keep dropping the price. And as you know, that "Mr./Mrs. More
Any California resident with an estate of $100,000 or more can benefit from having a living trust. The Trustee simply distributes assets to the named beneficiaries as long as those assets have actually been placed inside the trust. However, the fact that the assets are now in a trust has no practical affect on ones rights to, or interest in, his or her assets. More
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Tax Deductions to Remember When Getting a Home Loan
When
borrowing money to buy a home, there are certain deductions that you are
afforded by the ole tax man that you should be aware of come tax time in April. For those that don't know a
point is 1% of the loan amount. On a $200,000 mortgage a point would equal
$2000.00. More
Energy Saving Tips for the Winter Months
It is no secret that energy prices have been high all year but thankfully have dropped quite a bit as we head into the Winter months. There are of course plenty of things you can do to save additional $$$ and conserve energy this Winter. For me it is easy because I am at work selling Real Estate all day. Over time the saving can add up. More
Who was asleep at the switch that keeps the lights on in the
global economy? Who was steering this financial Titanic when the
looming iceberg was barely a speck on the horizon? Will the real
perpetrators please stand up?Alas, for many people looking to
lay blame, the answer is close at hand. Go look into a mirror and stare
really hard at the cause of this monetary destruction. More