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COLORADO LOAN SPECIALISTS
Just because conventional mortgages are the most popular real estate financing products doesn’t mean that you have to use them. For example, why not consider owner financing? You can read all about it in our latest addition to the article center, “How Does Owner Financing In Real Estate Work?” The article is written by real estate financing expert Rob Mann. In a nutshell, owner financing can happen when you (the buyer) and the seller negotiate lending terms where the house is used as collateral. Instead of meeting the criteria of the banks and making mortgage payments to them, you get to deal with the seller of the home. Owner financing arrangements are ideal for people who wouldn’t qualify for a traditional mortgage, as well as people who simply are looking for more flexibility than the banks tend to offer. In Rob’s article, he tells us about one instance in which the seller agreed to 100 percent financing, meaning the buyer didn’t need any down payment whatsoever !. The lesson is not to let bad credit or no down payment stand in the way of home ownership. If you want it, go out and get it. The leaves are changing, Halloween is just around the corner and temperatures are dipping, but the real estate market is still heating up!  If you still haven’t ventured into the domain of real estate investment, now is a great time to get started. Don’t be spooked – we have everything you need to know to get going.  One of the most frightening things about real estate investment can be the financing. Where are you going to get the money? What if your credit isn’t perfect? What if your down payment is too small?   Relax!  Believe it or not, there are alternatives to traditional bank financing. Many people are in the same boat as you and they are succeeding in real estate because they aren’t letting the banks stop them. You can likely get the financing you need, even if your credit is bad and the bank isn’t interested.         Don’t be Scared!
Conventional Mortgage Loans vs Creative Financing Options
Creative Real Estate Investing And Financing Ideas

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