lender: Financing Your Home Sale or Purchase
- 10/27/08 11:08 AM
Financing a home sale "today" seems to be a real challenge, however, there are some alternatives worth considering. **It's important that you seek the advise of your financing/tax specialist**. There was a time in the early ‘80s when interest rates were ranging from 13 - 18 % and conventional loans were also hard to come by. We sold our listings with Seller financing. It can be done as the 1st trust deed or as a second trust deed behind a "lenders" 1st position. When Seller is willing to carry a 2nd TD - the Bank/Lender is going to require that the terms … (0 comments)
lender: Moving in the Right Direction
- 05/27/08 10:28 AM
When I first started real estate some years ago (like 1979!) I was taught some very basic premises, that I use to this day. When I side step or try to bend my rules - there is usually trouble. I know I have a great committed client, when they follow the necessary steps to keep their transaction moving in the right direction. First,it is imperative, that I sit down with my potential buyers and we have a discussion, about their expectations, what is important, setting priorities, and then I talk about my background & experience in RE sales, What I will do for them, to keep them … (3 comments)
Financing a home sale "today" seems to be a real challenge, however, there are some alternatives worth considering. ;)
;)
