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option : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "option"

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What Is A Lease Option?

It sometimes happens that a buyer does not want to purchase, or cannot purchase, immediately, and a seller does not want to sell, or cannot sell, immediately. In this situation, both parties may want a lease option arrangement. In general terms, a lease option is an arrangement where a prospective buyer moves into a property [...]

28Aug2008 | | 0 comments | Continued
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Should I rent or sell my property?

A number of questions should be asked, including: ___If you rent, can you rent and have a positive cash flow? ___Are property values in your community generally rising? ___What are the tax implications of each choice? Speak with a tax professional for details. ___Does your community have rent control (about 200 areas now have rent [...]

27Aug2008 | | 0 comments | Continued
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Toxic Loans & The Art of Denial

There’s an idea which has been voiced with more and more frequency and it generally goes like this: I have a toxic loan but why worry? After four years or so — just before the monthly cost of this loan doubles — I’ll just go out and get another interest-only or option ARM, begin the [...]

26Aug2008 | | 0 comments | Continued
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Real Estate Exit Strategy: What If There’s No Way Out?

One of the great wonders of modern life is the ability to borrow — and borrow and borrow and, well, you get the idea. I always tell folks there is no shortage of either lenders or loans, the real question concerns borrower preferences. If a borrower is sufficiently “motivated” then there are always loans to [...]

19Aug2008 | | 0 comments | Continued