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Archives for October 2008

Real Deal #146 – Delinquent Taxes in Texas

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Welcome to Real Deals!  It’s always easier to learn from real life so here we share information from actual owner financed transactions.  This Texas note deal found a seller scurrying to pay three years of back taxes that their buyer failed to keep current.  Selling the note to an investor saved the buyer and seller from losing both the property and the note to a county tax … [Read more...] about Real Deal #146 – Delinquent Taxes in Texas

Recipe for Success!

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The stock market continues to retreat. Personal portfolios are dwindling. It is a “buyers market” in real estate. Banks, despite an unprecedented federal bailout, are tightening their lending programs so the average purchaser can’t obtain a loan. This is the recipe the private mortgage industry was founded on – and it has returned. … [Read more...] about Recipe for Success!

McCain and Obama Agree!

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If you watched the last Presidential debate Wednesday night you probably noticed that Barack Obama and John McCain agreed on at least one thing. The economy is in the tank and it needs HELP! Now that we have found common ground for economists, Democrats, Republicans, and Independents alike, what can we do about it? And what does this have to do with seller financing? … [Read more...] about McCain and Obama Agree!