A Heloc can never be used as a PITI reserve, or an asset instead its a debt burden and an additional trade line on credit.A Heloc carries a higher risk when it comes to security meaning if you miss a payment even by mistake or for any reason, your scores drop, or your balances start to change your DTI or usage percentage.

Ask him what makes him feel more secure in the deal?

You would need to file a proof of claim for the monies owed and hope you secured it by a deed of trust.

Also look at having a security alarm and cameras put in.

These sellers are not motivated by distress, but if a seller does engage and declines to pay the commission, will the representation agreement suffice to secure compensation, or will we still need to execute the compensation disclosures?

Leveraging strategic market appeal, we turned it around the same day, securing a sale at $160,000.

While you may need to sift through less serious inquiries, I’ve successfully secured some strong deals and valuable connections through these platforms.

This includes understanding your budget, securing financing if needed, and determining what you can comfortably afford.Research is key.

Also, interview at least 10 lenders to secure the best loan terms.

I am not sure about your state, but in Arkansas, you need to either be a broker or have a broker in your office, officiating and executing leases.