Real Estate Woes Worsen…But Why?
Wednesday, September 08
InvestorDirector.comThe homebuyer tax credit may have expired, but there’s still a larger issueThe National Association of Realtors recently reported that the seasonally adjusted index of executed sales agreements for existing homes dropped 30 percent this past May, as compared to April. May’s re...
Landlords: Screen Potential Tenants Like Lenders Screen Borrowers
Wednesday, September 08
InvestorDirector.com Using borrower approval models set by lenders offers a reliable gauge for landlords to screen tenants Essentially, a landlord uses their credit to hold a mortgage on a home for someone they’ve never met, who in many cases has a poor payment history. If a large percentage of ...
A What If Report is a Credit “Crystal Ball†for Consumers
Wednesday, September 08
InvestorDirector.comThough credit reporting agencies keep their scoring models a secret, there is an insightful tool that can be used to help raise a consumer’s credit scores.Among other factors such as income, down payment and employment history, your ability to obtain home financing hinges on y...
Lease Option vs. Land Contract
Wednesday, September 08
InvestorDirector.com How to use a land contract to counter the problems associated with lease options Often times, lease option sellers fail to see what could be a more beneficial sales technique for their particular deal: a land contract sale. There are times when a land contract is actually a m...
How to Screen Lease Option Tenants
Wednesday, September 08
InvestorDirector.com How to spot potential lessee-buyers who have no chance of ever closing a purchase With fewer people in today’s marketplace able to obtain traditional mortgage financing for a home purchase, many sellers are stepping up to provide interim “seller financing” until their buyer ...
The Lease Option Magicians
Wednesday, September 08
InvestorDirector.com These insightful tricks can help buyers and sellers close a lease option deal much faster Many sellers, who try to sell a home through a lease option or rent to own program, often wind up in a situation where their already moved in lessee-buyer cannot execute the actual purc...