Creative Financing Skills Can Sell Your Home
We are helping somebody sell a home in Tallahassee who is considering an offer from a Buyer that includes a lease-purchase provision. A lease-purchase in Tallahassee is an agreement where the Buyer and Seller agree to a sale on the home and then the Buyer rents the home from the Seller, prior to closing. The closing could happen as quickly as 1 day, or could be extended for a long period of time (even years in some cases).
So, why would a Buyer offer to do a Lease-Purchase? Why would a Seller...
How Home Values Are Determined
I thought I might provide some insight on How Home Values Are Determined.
Everyone who owns a home typically likes particular aspects of that home. But these likes and dislikes have less to do with value that you might think, so let me give you some value-thoughts to chew on:
* Value is a moment in time, and is based on what else buyers can buy, the day they go out and look at your house.
* Prices are not forever, because values are fluid. They go up, and they go down, depending what other...
How To Analyze An Income Producing Property
I often evaluate properties for investment purposes for myself and for clients, and I have found that many people have no starting point for evaluating income producing properties. Having done so for years, I have learned, discovered, and compiled some great models that can be learned by anyone.
Today, lets take a look at a model that I refer to as the Real Estate Stack. This is the most basic of measurement models which allows an investor to take an investment and convert it to a...
Real Estate Short Sales
Its all the talk among the real estate blogs. Have you heard?
I had not written an article on real estate short sales because there is so much out there already. I decided to get up early this morning and see if anybody had written anything that would explain this process to a lay-person (a lay-person in short sales is somebody who owns a home with lots of equity humor).
So what exactly is a short sale?
A real estate short sale is when a home gets sold and the proceeds from the sale fall...
Why You Should Consider Owner Financing When Selling Your Home
I received so much feedback on The Creative Cure For Selling Your Home article that I decided to follow it up with a how and why to consider a Purchase Money Mortgage when selling your home.
So what is a Purchase Money Mortgage?
Sometimes a buyer wants to buy a home and has good enough credit to purchase the home, but is short some of the cash that the lending institution will require to close the loan. In cases like this, the Seller can hold a note for some of the cash and secure it as a...
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