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I’ve been asked to be part of a tele-seminar on Owner Financing & Lease Options

I love doing owner financing and lease options, and it is really nice when I can sell things before they even get put into the MLS. Why do they sell so fast? Because with the mortgage industry being the way they are right now, it is leaving a lot of people out in the cold, that just 1 year ago, could have gotten financing.

Other reasons Owner Financing works so well is Luxury Homes, even with an 800 credit score you still may end up paying 8% on a jumbo loan. With owner financing the interest could be only 6%.

Why would a seller of a luxury home want to do sell with owner financing? If you have a million dollar home and someone puts 20% down that leaves a balance of $800,000. At 6% interest, over a five year period, you are making a total of $232,000 in interest. Your one million dollar home, in five years, just became your 1.2 million dollar home.

The main reason I was asked to join is because I've incorporated lease options with owner financing to create wealth for some investors. I've even started to get my investing going with lease options and owner financing.

So for more information about this tele-seminar that I have been ask to be a part of click on the link below. If you are in a market where banks have stopped lending, then Owner Financing maybe an option for you to bring your real estate career back to where it was 2 years ago.

Teleseminar Tuesday 1:00pm Pacific Standard Time

 

 

         

Respect Realty LLC (Expect More)

 

At Respect Realty, LLC our agents believe in 100% dedication to client satisfaction.  We specialize in property and land acquisition around the Portland Metro and Vancouver, WA area. We delight in working with first time home buyers and sellers to guide them from start to finish. Our doors are always open and we are always happy to assist you with your real estate questions.

 

Reach out today, we look forward to talking with you!

 

Todd Clark and Seraina Aguayo (Owners of Respect Realty)

Respect Realty LLC (Expect More)

(503)564-3130

info@RespectRealtyNW.com

www.RespectRealtyNW.com

 

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Comment balloon 10 commentsRespect Realty LLC • November 04 2007 04:43PM

Comments

People don't realize these things work.  We have been selling rental property using bond for deed.

Posted by John Walters, Licensed in Louisiana (Frank Rubi Real Estate) almost 12 years ago
I just sold 2 properties on owner financing. Its also cheaper for the buyer because there are no BANK closing costs!
Posted by Daniel Sundberg (Crystal Springs Real Estate) almost 12 years ago
Wishing you great success with your seminar.  This is a good way to go in today's market.  It's can be a win-win for both buyer and seller.
Posted by Marlene Bridges, Laguna Homes|Laguna Condos|Laguna Real Estate (Village Real Estate Services, Inc.) almost 12 years ago

Way to go Todd, this may not be the wave of the future, but it is survival now. Survival for the sellers who can't wait any longer, and the realtors smart enough to figure out how to do this.ANd the buyers are eventually going to close out of the lease options, we are just planting seeds, yes??

 I am happy to see thing are moving for you. I hope to have a few more go thru the same channel this week

Posted by Mike Norvell Sr, Norvell Consulting Group (Morris Williams Realty) almost 12 years ago
Todd - Good luck with the seminar!  You will be awesome as you can offer so much of your experience.
Posted by Candy Henthorne, Spring Texas Real Estate (Results Realty) almost 12 years ago
Todd- I know you have been working on these for awhile so the seminar should be a good one.  have fun with it....
Posted by Kathy McGraw, Riverside County CA Real Estate (CELLing Realty) almost 12 years ago
Todd, thanks...this is a new way of looking at things for me.  I must keep this in-mind when talking to buyers. 
Posted by Wayne Miller almost 12 years ago

John - In todays market it is a great way for sellers to make more than the home can appraise for.

Daniel - Exactly and the seller makes so much more!

Marlene - If it is done as a win-win and not to take advantage of people

Mike - I'm not expecting much business from the seminar, but maybe a couple referrals could be nice.

Candy - I am looking forward to it and maybe one day I can write my own book like my menor has.

Kathy - When don't I have fun?

Wayne - It can even be a better way to approach sellers!

Posted by Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate (Respect Realty LLC) almost 12 years ago

Michael - Not only is there a link to sign up for free for the first class for active rain members and there should be a MP3 file available by wednesday.

http://activerain.com/blogsview/262896/Mr-Real-Estate-s

Todd

Posted by Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate (Respect Realty LLC) almost 12 years ago
Michael - We had some technical gliches and I think we are going to do the first conference over again for free. But as soon as we have it up and ready, I will blog about it!
Posted by Respect Realty LLC, Brokers - Oregon / SW Washington Real Estate (Respect Realty LLC) almost 12 years ago

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