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Century 21 Village Welcomes Kathy Knudsen

Andy Bencosme, Managing Broker of CENTURY 21 Village in Sierra Madre recently welcomed REALTOR Kathy Knudsen his Sierra Madre office. The announcement was made at the office’s weekly marketing and…

LOW-INTEREST DISASTER LOANS AVAILABLE TO AREA RESIDENTS

Federal loans range from $200,000 to $2 million; application deadline is February 17 The U.S. Small Business Administration (SBA) announced today that low-interest federal disaster loans are available to those…

Experts say Now is the Time To Buy

  Experts say Now is the Time To Buy With LOW Interest Rates Interest rates are at historic lows and will determine what you actually pay for the home.Buyers should…

Experts say Now is the Time To Buy

  Experts say Now is the Time To Buy With LOW Interest Rates Interest rates are at historic lows and will determine what you actually pay for the home.Buyers should…

Even with Owner Financing, Low Credit Scores Will Wipe Out Opportunities

Even with Owner Financing, Low Credit Scores Will Wipe Out Opportunities

I’m just about to close a note deal where the Buyer’s / Payor’s credit score is below 600.    Ouch.  Why can I even work with this?  (Normally this would be…

“If You Don’t Buy a House Now, You’re Stupid or Broke”

This was the title of an article that ran in Business Week a few weeks back.  Sounds harsh, but it got your attention, didn’t it? He said: “What I’m trying…

Large Banks Accused of Short Sale Fraud

Large Banks Accused of Short Sale Fraud

Jeremy Brandt is the CEO of companies like 1800CashOffer, HomeFlux.com and FastHomeOffer.com . . . all companies that bring lots of distressed sellers, investors and short sale agents together. Over…

Local Attorney Plans to Beat Market with Owner Financing

Local Attorney Plans to Beat Market with Owner Financing

As many of my business dealings are across the country as a note broker and consultant, I really enjoy the opportunity to network with local sellers and real estate professionals…

Avoid the 7 Deadly Mistakes Sellers Make When They Carry Paper (VII of VII)

Avoid the 7 Deadly Mistakes Sellers Make When They Carry Paper (VII of VII)

Deadly Mistake #7: Don’t keep a careful accounting of the note payments you receive Let’s pretend that you have a nice juicy note you’re trying to sell . . .…

Avoid the 7 Deadly Mistakes Sellers Make When They Carry Paper (VI of VII)

Avoid the 7 Deadly Mistakes Sellers Make When They Carry Paper (VI of VII)

Deadly Mistake #6: Fail to include a provision for late payments and a due on sale clause in your note. A couple I talked to recently had a one year…

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