Posts tagged as:

creative financing

Anybody who has been in or near the real estate market over the past ten years can attest to the fact that the money markets have been crazy. Crazy good for most of the time, but now we’re well into a cycle where money supply will be tight, and lending standards will be much tougher.

{ 0 comments }

It does not take more than a minute (if you do a search on Google™) to find a blog or article written by a REALTOR® which extols the virtues of buying a home. And there is a better than even chance that “Now is the Time To Buy” will be included in the first paragraph [...]

{ 4 comments }

Not all situations in real estate sales have the same solution, and many times we have to apply some “thinking outside of the box” solutions to our home buyers’ needs.
Just yesterday, I received the following question from a “home site” buyer in Georgia who needed some advice on creative financing:

I am in a situation right [...]

{ 2 comments }

I have heard the rumors, have you? Tiger Woods joins the Tallahassee Real Estate Team At CENTURY 21 First Realty? It’s not enough to hear the rumors, but do we have photographic evidence as well?
Of course, the picture of Tiger Woods could just be the one where he is wearing the victor’s Gold Jacket after [...]

{ 2 comments }

Eight Thousand Dollars ($8,000) is a compelling enough reason for many to take advantage of the final days of the First Time Home Buyer Federal Income Tax Credit. But time is running out, as anybody who wishes to benefit from this program must close on the purchase of a property before December 1, 2009.
For all [...]

{ 2 comments }

Seller financing is a topic about which many people could benefit from learning. Most real estate agents will never do a transaction involving seller financing, and most homebuyers would never even think about asking for this type of assistance. And finally, most home sellers would never even realize the benefit to themselves to offer some level of owner financing.

{ 4 comments }

The biggest challenge for most home buyers is coming up with the cash needed to make a down payment. The monthly payment is not usually the challenge, as that payment is no greater than a rent payment would be for a similar property. With this in mind, the Federal Housing Administration made a big decision and an announcement yesterday that will give first time home buyers some real help.

{ 1 comment }

One of the disappointing side-affects of the boom market, where loan products were created so that everybody could buy a home, was the loss of the skilled buyers’ agent. Back in the day, we had to know all kinds of creative financing options so that “marginal” buyers could still make it to the closing table.
The [...]

{ 1 comment }

In case you did not hear the good news, the American Recovery And Reinvestment Act of 2009 (which President Obama signed into law last week) included significant improvements to the temporary First-Time Homebuyer Tax Credit. While many might view this as a great benefit aimed only at the first-time homebuyer, the reality is that it [...]

{ 11 comments }

For those who have been watching, the Obama Stimulus Plan seems to be moving forward for him to sign it into law now. While I am no expert on the subject, it appears to contain roughly 286 billion dollars in tax cuts and 54 billion dollars for cash-strapped states, the package contains 311billion dollars in [...]

{ 15 comments }