By: Alan D. Fisher Commercial Lending Views: 3031 | Comments: 0 | Votes: 0
-Assisted living facilities/Skilled care/Nursing homes-Apartment buildings/complexes(refinancing, constructions, and purchase). The bigger the better.-Multi-family developments (think town homes) that are rental properties or construction. Retirement funds (401ks, pensions, etc), do not qualify for this program. No principal amortization or loan prepayment. More
By: Alan D. Fisher Real Estate Views: 3229 | Comments: 0 | Votes: 0
The benefit of seller financing Many home owners dread being involved in a situation where a property they've listed for sale has been sitting unsold for too long. The basic reason is usually the same - the asking price is too high for the market conditions. In these situations, the seller is forced to lower their price in hopes of making the property more attractive to buyers. More
By: Alan D. Fisher Real Estate Views: 3337 | Comments: 0 | Votes: 0
Creative home sellers who offer seller financing to potential buyers can often sell their houses more quickly (and at a higher price) in a slow market. Similarly, the process for obtaining a large cash payment for the seller after a note is created varies from the conventional real estate closing technique as well. An alternate marketing strategy is required for finding note buyers. More
By: Alan D. Fisher Real Estate Views: 3415 | Comments: 0 | Votes: 0
Market pricing for real estate cash flows Banks and other financial institutions purchase cash flows on a regular basis. These payment streams are often purchased without a discount. Aside from a change of recipient address for their monthly payments, the transfer is completely seamless to the payer. If the buyer of the loan is comfortable with the risk, then no discount is needed. More
By: Alan D. Fisher Real Estate Views: 2756 | Comments: 0 | Votes: 0
As explained in the last issue, seller financing can be an extremely useful option to sell a house in a slow real estate market. Unconventional private lending is a great way to increase the overall sales closing ratio. When the property owner is willing to "carry back" a note, it is often possible to obtain a higher selling price and reduce the time needed to find a buyer. More
By: Alan D. Fisher Real Estate Views: 2869 | Comments: 3 | Votes: 2
The Problem When it comes to selling real estate, one of the most difficult and frustrating situations for sellers is when market conditions make it nearly impossible to sell at the desired price point. With traditional property sales methods, the only way to prevent the property from sitting on the market indefinitely is to keep dropping the price. And as you know, that "Mr./Mrs. More
