Deadly Mistake #5: Create a short-term balloon Because of the Time Value of Money (TVM), which says that money to be received sooner is more valuable than money to be…
Deadly Mistake #4: Make the interest rate on the note nice and low It’s tempting to offer a low interest rate to entice a buyer to give you a fat,…
According to a poll released recently by LoopNet, an online commercial real estate marketplace, 46% of commercial real estate professionals say the commercial RE market will not rebound until 2011.…
It’s tempting to offer a low interest rate to entice a buyer to give you a fat, juicy price for your property. It’s OK if that gets the job done…
Last week’s #1 Deadly Mistake was to take a small down payment. This week we’ll talk about Deadly Mistake #2: Don’t ask for the buyer’s SS# and don’t run a…
Deadly Mistake #1: Take a small down payment, or none at all Gosh, isn’t it amazing the price you can get for your property if you don’t ask for a…
Deadly Mistake #3: Lose the original note The original note is the “green stuff,” it’s the currency, it’s “the thing you’re selling;” it’s a negotiable instrument. A copy just won’t…
If you see tornado clouds forming on the horizon, chances are you’re going to grab a flashlight and a box of crackers, (and some wine and cheese to go with)…
“Get your clothes on, Ethel!” I’m wanting to say that line came from a song inspired by the streaking culture in the ’70s. I’m sure many people were offended by…
I’ve never witnessed a tsunami first hand, but I’ve been told that before the devastating wall of water devours everything in it’s path, like a hungry sea beast charging in…
