The government is offering first time home buyers an $8,000 tax credit in an effort to stimulate the ailing real estate market. Sellers can attract buyers by highlighting the refund in their ads, especially when used in conjunction with owner financing. … [Read more...] about Using Owner Financing with the $8,000 First Time Home Buyers Tax Credit
installment sale
Why Save Owner Financing From HR 1728?
Owner financing has provided a safe harbor for buyers and sellers battered by the tsunami waves of the mortgage and real estate crisis. Rather than embracing the safety net offered by private parties the government wants to severely restrict the owner financed installment sale. In May NoteInvestor.com reported the potential disaster that would ensue if the current version … [Read more...] about Why Save Owner Financing From HR 1728?
How Congress Wants to Change Seller Financing!
Rarely does legislation have the potential to impact the world of seller financing as severely as HR 1728: Mortgage Reform and Anti-Predatory Lending Act. This informative article by Ric Thom helps explain the ramifications of this proposed bill and what action we can take now to protect owner financing and our private property rights. … [Read more...] about How Congress Wants to Change Seller Financing!