PROPERTIES

Buying a property

You may choose to find a property yourself and ask us to finance it for you. We prefer to finance properties that are built after 1950 becuase of wiring and plumbing issues. We prefer houses with poured walls and good roofs becuase these are expensive items to repair and it is half of the battle if the main sturcture is sound.

Financing a house

We find people that usually can't go throught the regular channels and to be sure banks have tons of rules and the rules are meant to wipe out people with low scores, bad history or self employment. Some people would rather go through us than have the tripple qualification and an 8 week wait for closing. We have bought houses and sold as fast as two days. Try that at your local bank.

Land Contract

Land contracts hold the title until paid in full. The bank will give you the title but it is an encumbered title. We give a clean title when the last payment is finished. Land contracts are also called Contract for Deed, Owner Financed, The payments can be mailed, deposited in the local bank or paid online. We generally charge a little higher rate like 8% so that you will refinance in the future. A refinance is usually much easier to obtain once your primary property is sold and you only have one mortgage.