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Why Foreclosure Investors Will Become Your New Best Clients...

By
Services for Real Estate Pros with Bean Consultants & Assoc. AL# R01027

Right now there are so many foreclosures on the market (in 2007, there were 2.2 million foreclosure filings and surpassed 3 million in 2008) it's caused a stampede of entrepreneurs and wannabe real estate investors to start buying and flipping properties.

And that's good news for Realtors and Foreclosure Investors if they take advantage of seller/owner financing.

Do you know what every one of those investors do with the homes they buy? They fix them up and eventually sell them.

But in today's market, it's nearly impossible to sell a home... and many of these foreclosure investors may want to use Cash Flow notes to sell their homes faster.

In other words, EVERY foreclosure investor in your neighborhood... in your city... in your state... can become the BIGGEST source of Income you can possibly have in today's market!

Private financing is an attractive option for many sellers, of real estate. Now a $200 billion industry, peer-to-peer seller financing is a growing, global phenomenon. Already, the sale of most small businesses incorporates peer-to-peer lending and one in 12 homes in America are purchased using owner financing cash flow notes.

Currently, there are approximately $200 billion in owner financing cash flow real estate notes. In fact, there are so many cash flow notes in the U.S. alone that if you could find and purchase $1 million worth of notes every day, it would take more than 700 years to find them all.

Peer-to-peer financing is emerging in the real estate financing arena and it's already more common than most people think. The concept is simple: instead of borrowing money from a bank or other financial institution to purchase a home or small business, private individuals become the lenders.

People have been lending money this way for hundreds of years. Even before there were banks, if someone wanted to buy land or make a large purchase from their neighbor, or a local merchant, the buyer and seller simply agreed to the price and the terms, and the buyer made installment payments directly to the seller. No bank or lending institution was involved. Today, these simple and effective financial arrangements are making a comeback.

The note owner now owns a note that produces an income that is secured by the property.  The note owner can keep this note until all terms are fulfilled. However, the note owner can sell part or all of this note for a lump sum of money.  Most cash flow notes when sold are usually at a discount to make it more attractive to the purchaser.

As a Realtor, if you are overlooking this strategy for your seller you are truly missing another potential option that may be available to your seller.

If you want to find out how this strategy could work for you and your seller go to my website or give me a call. We work nationwide.  http://www.cash4cashflows.com/dbean1

 

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