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12 April 2020 | 8 replies
Depends on the State Regulations. 6.Seller SecondsThis is a mortgage issued by the seller to the buyer that is placed in a subordinate or second position to an existing first mortgage from a conventional lender; seller second can be a great incentive to buyers; can help them purchase by putting down less cash-leveraging their assets; second mortgages typically carry a higher interest rate than first mortgages, an advantage for the seller over other investment options; a seller second can open new opportunities for buyers in markets where conventional lenders are tightening their loan to value guidelines and buyers need a way to close the resulting financing gap; lenders who want to limit their exposure may agree to a "Combined Loan to Value" guideline that supports a seller second; seller seconds may help buyers reduce their conventional loan needs below the PMI (private mortgage insurance) level, saving significant dollars per month; seller seconds can also help in larger purchases, reducing the amount buyers would need to borrow conventionally, bringing their remaining loan requirement within reduced rate "jumbo" loan territory; some conventional loans prohibit secondary financing; second loans not disclosed to conventional lenders are illegal.sellers granting a second loan must file a lien on the property. 7.Lease with Option and Lease PurchaseA lease with option to purchase is an agreement that the leasing party can buy (or not buy) the property at lease end for an agreed price; a lease purchase agreement, the leasing party commits to purchasing the property immediately at lease end; the owner agrees to apply a portion of the monthly rent payment toward either the buyer's down payment or closing costs at time of purchase.
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13 April 2020 | 4 replies
I don't have a reason for it, but companies are pulling out of the market, raising rates or limiting their exposure to it.
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13 April 2020 | 43 replies
One of my pharmaceutical companies is developing an antidote to nerve-agent exposure to protect the US military from chemical weapon attacks, which shows that I'm always looking for opportunities to create value in places that others have overlooked.
20 April 2020 | 8 replies
Your local MLS will syndicate to Zillow, Trulia, Realtor.com and other sites which will help you increase exposure and attract buyers. - Open houses will help you attract active buyers and future buyers (some folks will attend just to 'browse', keep in contact with them!)
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17 April 2020 | 4 replies
@Alina Trigub great advice for @Sean York on offering to speak at panels to gain exposure and opportunities rather than searching for employment during these times.
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26 March 2020 | 13 replies
In these cases you will need to market your property on websites that have international exposure and not just local appeal.
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26 March 2020 | 15 replies
Just like people are reallocating other financial assets such as stocks, you might consider limiting your exposure by selling your investment property sooner than later.
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25 March 2020 | 0 replies
This will allow us to not have as much lease exposure to a loss of a large tenant.Lessons learned?
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29 March 2020 | 17 replies
I do not think the Big Money returns until they are able to perform a full breakdown of their portfolios to see what their overall exposure is.
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2 April 2020 | 4 replies
(for eg: grading of the house outside, rot, exposure to moisture...)I am worried about the long term expenses that come along with it?