Considering a lease to purchase agreement

A lease to purchase agreement allows the tenant to assume ownership of a given property once they’ve paid enough into it during their lease. Lease to purchase is a good investment for those that don’t have the means to buy a property up front but are uncomfortable with a prolonged lease. Ask about a lease to own and…

When properties are bank owned you can save.

Usually when properties are foreclosed on for non payment they become property of the lender and the properties become bank owned. Bank owned properties are sold at a substantial savings and may be a better alternative to property leasing for some. Take a look at some foreclosed homes around you and see if you find what you’ve been…

Professional appraisal and market value

When a commercial lender orders a professional appraisal they are trying to determine the true market value of a property. This commercial appraisal is then used during the approval process and may be the deciding factor in whether you get the loan or not. CM

Help from private lenders

Bad credit mortgage loans aren’t easy to come by but private lenders may offer some hope. Unlike banks many private lenders will approve a bad credit loan as long as you can agree to higher interest rates. It’s not a perfect solution but it may work for you. CM