Landmark Housing Bill Offers Alternatives

Posted by: Carleton Sheets in Short Sale, Lease Options, Housing Bill, Freddie Mac, Foreclosure, Fannie Mae on Jul 28, 2008.

The landmark housing bill that was just passed by the Senate this weekend will offer $300 billion in loans for homeowners struggling to keep their homes from foreclosure---plus provide much-needed relief to Freddie Mac and Fannie Mae.

Although I feel that the bill has its positives and negatives, I believe the refinancing aspect---which is voluntary for the lender---will have the most impact.

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The Pre-Approval Advantage

Posted by: Carleton Sheets in Rehab, Preapproval, Lease Options, Flip, Creative Financing Techniques on Jun 24, 2008.

One of my staff members recently rehabbed and flipped a property. And she must have done something right because, in this market where a glut of homes just sit and sit, she received three offers within five days.

Which offer was accepted? Well, she ended up selling to the only buyer who had a pre-approval letter. That buyer was serious---and prepared. 

As a prospective buyer, it costs nothing

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Lease Options Offer a Win-Win Alternative

Posted by: Carleton Sheets in Lease Options, Creative Financing Techniques on Apr 23, 2008.

All you hear about in the news anymore is the foreclosure rate. Yes, foreclosures are hot right now, but there are many other opportunities that still exist in the marketplace. Let me give you an example-a technique that works well in EVERY market. 

Let's say a family-for whatever reason-needs to relocate and is trying to sell their home as soon as possible. Why not offer them a lease option

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