Posts Tagged ‘seller financing’

Creative Financing Without Risk or Headache

This is a good deal for the seller because I can close within a matter of days as there’s no lengthy loan qualification and approval process. Additionally, I can typically pay them a higher price because I don’t have any financing costs.

Save Seller Financing – Did You Post Your Comment? Do It Now!

Only a few days remain to post your comment on the proposed rule changes that could be the death knell for seller financing. You can post your here http://1.usa.gov/pF9Fv0. The comments I submitted can be found below:

The SAFE ACT intended to protect consumers from big businesses and I applaud these efforts whenever they accomplish what they set out to do. My concern is when unintended consequences arise and citizens, American property owners as well as future American property owners, can actually be harmed. I am requesting that private individuals be exempted from the proposed rules changes and submit the following comment.

Seller Financing and Your Rights – H.R.4173 Revisited

On July 21, 2010, the Wall Street Reform and Consumer Protection Act, H.R 4173 was signed into law by President Barrack Obama. The final version of H.R. 4173 includes some improvements over the initial version challenged by the Real Estate Investment community. Rather than limiting seller financing to a single transaction every 36 months, the version signed into law allows for up to three seller-financed transactions in a twelve-month period.