Seller financing is a great way for foreigners to pick up property in the U.S., as getting a traditional loan can be even tougher for them than us nationals. Usually seller financing is only applied to non-corporate owned properties (i.e. anything besides short sales or REOs), but there are some
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06/25/2009
I recently received this email: “Dear Dawn, I saw your recommendations in the Tribune article on waiting for Recovery. My question to you is should we sell our home now or next year? We bought this home 7/2007 for $950,000. We have spent $150,000 plus. The last project is to have the outside of
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06/24/2009
Yes! It’s very common for business owners to carry a portion of the sale when selling a business, and frequently, the note can be sold after 6 months of seasoning (this can be less in certain circumstances). People selling business notes need to understand that typically, there are significant d
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06/17/2009
I recently received this email from someone who saw a post from last year: Seller Financing and Mobile Homes in Parks, and wanted to know if her mobile on 2 acres of land might be eligible for the land trust transfer technique: Hi! I have two acres with a mobile home on it in Perris, California,
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06/08/2009
I recently consulted with a couple who are renting a home in Pasadena. They own a home in Tujunga, but instead of selling it when they moved last year, they decided to rent it out, even though it represented a negative cash flow of $500/month. Why not wait to sell until the market ‘recovers?’ Th
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06/05/2009
Buying my first commercial building from an owner offering terms several years ago made me an instant fan. I was reminded that the technique is still alive and well. Just a few months ago, 5828 Temple City Blvd. sold for near asking in less than 60 days. The listing description went something li
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06/02/2009