Many people are looking for an opportunity for another stream of income. The Cash Flow Business may offer just that. The education and training we have received from the Dalbey Institute has been thorough and made us ready to close deals and earn extra cash.
What is the Cash Flow business? The great thing about this business is that we are not "selling" anyone products or services that we need to convince people to buy. We are providing a great service by offering people cash for the monthly payments they receive from a privately held mortgage, land contract, trust, or other source of monthly payments.
Many people selling their homes agree to take back some financing in order to facilitate a quick sale of their home. Most of these people do not want to deal with these monthly payments and are not sure what to do if the buyer does not make payments especially if a bank is holding the first note and the seller a smaller second note. The reality is that in order for the seller to foreclose on the buyer if they are delinquent on their payments the seller must first satisfy the bank loan so he would be in the position to file foreclosure. If this is not done, the bank files and the seller gets nothing for his second position note. It can get quite complicated so we offer a cash payment to the seller and take the payments off of his or her hands and with note investors that are quite savvy in handling all situations that could arise with these notes.
It is a great feeling to offer people cash and providing a service that helps people and puts cash in their pockets.
In this business many people start out as "finders" this is a person that locates people that have a privately held mortgage and that is interested in exploring the option of selling the note for a lump sum of cash. The "finder" than presents the details to an investor and a decision is made to make an offer. The finder receives a "fee" for locating the note and putting the potential deal in an investors hands.
At the Dalbey Institute we are associated with over 300 investors all with different "favorites" they like to invest in and different types of risk levels.
If you would like more information on the Cash Flow business you make take a look at:
http://www.witcfb.com/offer/?img=8&kbid=2044
For more information you can also go to Cabin Creek Investments:
http://www.cabincreekinvestments.com
Monday, July 2, 2007
Monday, April 30, 2007
Helping Professionals Get Cash for Their Clients
A question came up regarding helping a divorcing couple liquidate their privately held mortgage. They had sold their last home with owner financing and carried back the note themselves. They are getting a divorce and are not quite sure how this can work.
There are investors out there such as Cabin Creek that can provide cash and purchase that note from the note holders and in this situation could solve every one's problems. The note gets purchased for cash and the divorcing couple can split their share in half and it is a win/win situation for everyone involved.
One other great scenario. A couple holds the note on a owner financing house they had sold. They are currently receiving monthly payments from the new owner of the house. Where this couple may like receiving the monthly payments, their oldest child is now ready to go to college. This couple can actually sell a portion of the note they hold for possibly the cost of tuition for their child and once the investor's money is payed back from the owner currently making the payments, the couple may continue to receive the remaining monthly payments.
This accomplishes two things. First the couple gets cash to pay for college without incurring any further debt such as student or parent loans, and second the couple will still receive monthly payments just further down the road so they did not give up all the income just enough to pay for the college tuition. Partial purchases are very common.
There are investors out there such as Cabin Creek that can provide cash and purchase that note from the note holders and in this situation could solve every one's problems. The note gets purchased for cash and the divorcing couple can split their share in half and it is a win/win situation for everyone involved.
One other great scenario. A couple holds the note on a owner financing house they had sold. They are currently receiving monthly payments from the new owner of the house. Where this couple may like receiving the monthly payments, their oldest child is now ready to go to college. This couple can actually sell a portion of the note they hold for possibly the cost of tuition for their child and once the investor's money is payed back from the owner currently making the payments, the couple may continue to receive the remaining monthly payments.
This accomplishes two things. First the couple gets cash to pay for college without incurring any further debt such as student or parent loans, and second the couple will still receive monthly payments just further down the road so they did not give up all the income just enough to pay for the college tuition. Partial purchases are very common.
Monday, April 23, 2007
Buying Properties Under Foreclosure
One way of possibly getting more home for the value is to purchase a home in foreclosure. The owner could be at any stage such as pre-foreclosure, meaning first and/or second notice from the bank was received or the home may have been foreclosed upon already by the bank. Kate Ross does a great job explaining the potential benefits.
Buying Properties Under Foreclosure Can Be An Excellent Deal
By Kate Ross
When it comes to foreclosures there are different stages at which you can purchase a property: A property can be purchased before a foreclosure takes place. Also, during the court phase, the property can be purchased at the different public sales ordered by the judge. And finally, a property can be purchased from the bank or lending institution if no public sale was successful and the bank repossessed the property.
Prior to Foreclosure Negotiations
People tend to prefer to sell their properties rather than waiting for foreclosure. Though you won’t be able to know for sure if the owner fears foreclosure, chances are that if he or she is in a hurry to sell the property a future foreclosure might be the reason. The only way to know for sure is to consult with a trusted real estate agent. Bear in mind that the real estate agent will try to sell for the highest price possible so as to get a bigger commission. Nevertheless if the property goes to foreclosure the real estate agent will also lose his deal and commission.
Foreclosure Public Sales or Auctions
Depending on the property’s type, on the judge and on the jurisdiction, a property can be sold or auctioned when it reaches the court steps of a foreclosure. In any case, the property is usually offered at a significant lower price than the one it would sell on the real estate market. Thus, even though you need to be familiar with the process or count with the aid of a real estate lawyer, there is a lot of money to get through this kind of transactions.
Post Repossession Negotiations
Once a property is repossessed by a bank or lender due to the failure of all public sales or auctions, the property will probably be put for sale through a real estate agent for only a fraction of its price. The reason for this to happen is that such assets do not look good nor serve a purpose on a bank or lending institution’s budget. Actually such assets are a source of expenditures rather than income that may further damage the investment.
Thus, the lender will be more than willing to get rid of the property and thus offer it with a great discount on the retail price. Moreover, you may also be able to obtain a mortgage loan from the bank or lending institution if you decide to acquire the property. However, even if you don’t get approved for a loan from the same lending institution, there are other lenders that may approve you for a mortgage loan if you decide to purchase the property offered for sale by the other bank or lender.
---
Kate Ross is a professional consultant at Speedybadcreditloans.com. Smart tips and interesting articles on this subject and other financial related topics can be found in her website.
Article Source: http://EzineArticles.com/?expert=Kate_Rosshttp://EzineArticles.com/?Buying-Properties-Under-Foreclosure-Can-Be-An-Excellent-Deal&id=534182
Buying Properties Under Foreclosure Can Be An Excellent Deal
By Kate Ross
When it comes to foreclosures there are different stages at which you can purchase a property: A property can be purchased before a foreclosure takes place. Also, during the court phase, the property can be purchased at the different public sales ordered by the judge. And finally, a property can be purchased from the bank or lending institution if no public sale was successful and the bank repossessed the property.
Prior to Foreclosure Negotiations
People tend to prefer to sell their properties rather than waiting for foreclosure. Though you won’t be able to know for sure if the owner fears foreclosure, chances are that if he or she is in a hurry to sell the property a future foreclosure might be the reason. The only way to know for sure is to consult with a trusted real estate agent. Bear in mind that the real estate agent will try to sell for the highest price possible so as to get a bigger commission. Nevertheless if the property goes to foreclosure the real estate agent will also lose his deal and commission.
Foreclosure Public Sales or Auctions
Depending on the property’s type, on the judge and on the jurisdiction, a property can be sold or auctioned when it reaches the court steps of a foreclosure. In any case, the property is usually offered at a significant lower price than the one it would sell on the real estate market. Thus, even though you need to be familiar with the process or count with the aid of a real estate lawyer, there is a lot of money to get through this kind of transactions.
Post Repossession Negotiations
Once a property is repossessed by a bank or lender due to the failure of all public sales or auctions, the property will probably be put for sale through a real estate agent for only a fraction of its price. The reason for this to happen is that such assets do not look good nor serve a purpose on a bank or lending institution’s budget. Actually such assets are a source of expenditures rather than income that may further damage the investment.
Thus, the lender will be more than willing to get rid of the property and thus offer it with a great discount on the retail price. Moreover, you may also be able to obtain a mortgage loan from the bank or lending institution if you decide to acquire the property. However, even if you don’t get approved for a loan from the same lending institution, there are other lenders that may approve you for a mortgage loan if you decide to purchase the property offered for sale by the other bank or lender.
---
Kate Ross is a professional consultant at Speedybadcreditloans.com. Smart tips and interesting articles on this subject and other financial related topics can be found in her website.
Article Source: http://EzineArticles.com/?expert=Kate_Rosshttp://EzineArticles.com/?Buying-Properties-Under-Foreclosure-Can-Be-An-Excellent-Deal&id=534182
Cabin Creek Investments
The goal of this blog is to provide ongoing information on the cash flow business and provide education for consumers on how to have qualified investors purchase any mortgages, structured settlements, land contracts and more that they personally may hold the note for. Our job at Cabin Creek Investments is to find cash solutions for our customers and also to help professionals assist their clients in these types of transactions. We will be posting articles, links and other helpful information and offer services from our cash flow specialists. We here at Cabin Creek Investments look forward to serving you! We welcome all comments, questions, and feedback as how we can make this blog meet your needs.
Subscribe to:
Comments (Atom)
