Retailing – Rehabbing Course
How do you get involved with retailing or rehabbing a house that needs work, especially if you haven’t done it before? Well first thing you need to do before you buy a rehab property is to find a good Builder that enjoys doing rehab work. Once you find a good builder then you can research […]
– Operating Land Trusts
Operating Land Trusts Here’s some pointersL You can operate a Land Trust on a kitchen table without lawyers. It’s always good to have witnesses and notaries present when you are transferring property in and out of Land Trusts. Land Trust have great flexibility in buying and selling interest and property. For a list of benefits […]
Land Trust Course
What is a Land Trust? Land trust is a title holding trust. It is revocable or changeable. There is a grantor, a beneficiary, and a trustee. The benefits of a land trust are: Land Trusts can offer the following benefits: keep things private, avoid probate court, keep the purchase price secret, keep the sales price […]
– Why Land Trusts
Why Land Trusts? Why Land Trust? The Land Trust is a device for holding and conveying title to real estate which is more desirable and advantageous than some of the more familiar forms of real estate ownership. Under a Land Trust agreement, title to real estate is held by the Trustee. However, the use and […]
– With Sub 2 Always
So what is with a subject to contract always? Well one of the things that we got all the time is paperwork to transfer the property into a Land Trust. Land Trust help subject to Deals and help many other types of deals like seller financing and land contracts protect the seller and protect the […]
– Negotiating with Renters for Lease Option
Negotiating with Renters for Lease Option Negotiating with renters or tenants for a lease with option take some practice. But it is about positioning… USP USP means unique sales proposition, what are you offering? Decoding Tenant Buyer Positioning: A Guide to “Easy Acceptance” Source: Excerpts from “Positioning Tenant Buyers For Easy Acceptance of Y.txt” Introduction: The […]
– Home Owner in Training
Homeowner and training is a saying for rent to own tenants, as they are preparing get a mortgage, There are three hurdles: DTI which is that to income ratio of 43% Down payment Credit rating To be able to qualify for a mortgage, these hurdles are important to understand. A good resource is at the consumerfinance.gov […]
– Rent to Own Concept
Rent to own concept Well, rent first then own, right? If you are going to rent a house, and then buy it, you would need an agreement for that. First agreement is to rent a property with a lease, that would discuss how long and how much. Let’s say that you had a term of […]
– Contract for Option vs Option
An option to purchase contract means that you have a right to buy the property anytime during a. Of time for a certain amount of money. This right cannot be taken away from you. Generally you can sell this right by assigning the option, unless it has stated that you cannot assign the contract. So […]