Courses Infomation
How to Avoid the 10 Biggest Mistakes When Owner Financing Real Estate by Christen Reinke
How to Avoid the 10 Biggest Mistakes When Owner Financing Real Estate by Christen Reinke
Forex Trading – Foreign Exchange Course
You want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
AMOUNT 1.7 MB
Todd Communications is the author (1 Sept. 1998)
Language:English
ISBN-10:1578330378
ISBN-13:978-1578330379
Find Out What Your Realtor Doesn’t Tell You About Owner Financing Real Estate!
This book is for you if you want to learn the best-kept secrets of lenders, pension companies, real estate speculators, and professional note purchasers. Here’s why you won’t find this information elsewhere:
This knowledge is not imparted to real estate lawyers or real estate agents by their licensed real estate commission. They are paid to advise you when it comes to selling your house and paying off the financing, even if THEY are unaware of this information. The only people who are aware of how to correctly structure an owner funded transaction are professional investors and note purchasers. And nobody has recorded this information for us “mom and pop” house sellers until today.
The data below was taken directly from Christen Reinke’s private notebook, who also owns a business that buys and sells mortgages. Christen has been documenting her clients’ blunders for the past five years, some of which have cost them their whole life savings or investment! She is devoted to you and me since she is independent of Realtors, title firms, and attorneys; it is irrelevant to her whether you decide to sell your house through owner financing or not. But if you do, you can at least do it independently of real estate agents.
This book will teach you how to never sell to the wrong buyer (what every real estate agent, lawyer, for-sale-by-owner, and lender should know…)
To ensure that you never sell to the wrong customer, you must perform two things.
* What to check for in your potential buyer’s credit reports and what to do if your buyer’s credit is bad.
* Which credit blemishes you may ignore and which you should never ignore.
* Justification on why choosing the proper title insurance will protect your investment. Think all you need is an owners policy? Rethink that!
* What is LTV and why should you give it the utmost consideration?
* How to screen for the correct buyer before you sell – how “property type” and “occupation” can eventually influence the resale value of your note.
Key Elements of Your Note: Insider Secrets to Understanding Owner Financing
* The primary factor affecting the value of your note.
* What to do each year to ensure that you never run the risk of losing your assets to the local taxes authority.
* Uncover the untold reality regarding junior position liens and learn risk-reduction strategies; do not rely on your real estate agent for this information!
* Advice on how to manage down payments, the conditions of your note, and helpful provisions.
* How to manage insurance and taxes.
* Wraps, due-on-sale clauses, and other terms.
* Why having your note professionally serviced can be harmful to you.
* Two simple yearly practices that you must perform each year!
* The reasons for and the ways in which significant changes to the secondary mortgage markets effect you and your note.
* How to take advantage of these improvements to increase your profits at closure and over the long term.
* A concise explanation in plain language of your alternatives in the event of default.
Methods For Keeping Your Investment Safe
Who has not heard innumerable tales of owner financing horror? There is no turning back once you make a letter and get it duly signed and registered. You cannot alter the conditions of the note, add safeguards to the security instrument, or make any other modifications without the payers’ written approval (buyers of the property). You’re out of luck if they won’t consent to the adjustments you seek.
Do you want to be in charge of the note’s market value or a victim of your own ignorance? When you know, you’ll be sitting on a significant cash flow.
* How to deal with overdue payments and what to avoid doing at all costs.
* The proper approach to declare default.
Salepage : How to Avoid the 10 Biggest Mistakes When Owner Financing Real Estate by Christen Reinke
Reviews
There are no reviews yet.