If you were locked buying your own home or investment property, because it is not possible for a bank mortgage ... The answer is seller financing!
Seller financing is ideal for self-employed, small entrepreneurs who are foreign nationals and people with Really Bad Credit!
Most sellers will finance programs of up to 100-year mortgage terms, fixed or adjustable, or interest only mortgages for buyers who do not or do not want the bank to qualify!
All the joy of promoting home ownership, you are immediately, without Prepare bank statements, credit or FICO score requirements, debt ratios, tax returns or financial statements!
Imagine the pride you feel announced to your family, friends and employees, the good news that you finally bought a house!
See her warm, smiling as you admire them through your new home or investment property. Catch their winks and nods approval!
With seller financing, you have the option of all the financial benefits of owning real estate now available:
* Mortgage interest and property tax write-offs. This could be your monthly net pay of less than you would pay rent of Real Estate!
* Property revaluation, get rich while you sleep in your new home!
* Capital structure of the pay-down of the mortgage
* The right to the property for rental income
* Profit-shield depreciation on real estate.
Textured, seller financing can also help with bullet-proof asset protection!
The same way Bill Gates, the Rockefellers, Buffetts, etc. and other rich owners of properties to maintain privacy and to prevent their property from the plunder to the creditors, judgments, litigation and even Liens Liens IRS!
How do you search for properties that you can buy with seller financing? You can search for your dream home today!
We recommend that you search 7-10 properties in your neighborhood that you like to have. They can be sold by the owner, (http://www.fsbo.com/) or to let (http://www.rentals.com/). Or check the local newspapers.
Contact the owner of the properties that you are interested in. Take a look at the house and if you are interested to find out what the purchase price or monthly rent, then ask the owner a question:
If he could sell it for its full asking price, as long as it does not exceed the market price, he could order his justice, if ever, in monthly payments?
Equity is the amount of the value of the house, on his mortgage.
For example, if the house worth $ 100,000 and $ 80,000 he owes, he had $ 20,000 equity. The plan would amount to him on a monthly payment over several years.
Or if it is a rental, ask him if he interested in a long-term, 3 years or longer lease at the end of which the balance of the purchase price would be paid.
Click on the link to get the names, phone numbers and email addresses of the owners together with an overview of the property to the seller, Finance Center,
E-mail: sellerfinancecenter.com / where it is at the various vendor funding sources.
It verifies the information with you and the owner of the property and attempt to negotiate an agreement for you to buy a house with seller financing.
To qualify for seller financing, you must have enough cash up front to reduce the risks to offer 6 Number of financing, without the benefit of the strict security measures required by the banks.
You also have to show that you are able to secure the financing and other costs for the owners of the home. Unlike banks, there are no fixed values and codes that you have to fulfill. Weaker situations or greater purchase price is simply more money in advance.
Seller financing could be the big break you and your family are looking for, which allow you to buy, to finally that dream home or investment property today!
Copyright 2006 Bill Young. Bill is a former bank mortgage officer and a licensed Financial Consultant. He is an active real estate investor, author and consultant. His company, Metropolitan Business Council, offers a free-5 part Stop Foreclosure Program, for beneficiaries foreclosure. http://CantPayYourMortgage.com
40 year mortgage lender
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Brynhildur
on วันพฤหัสบดีที่ 6 สิงหาคม พ.ศ. 2552
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40 year mortgage lender
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