Month: August 2016

There are many threads to the coat of the real estate investor. Recently, I noted the three pillars of a successful real estate practice, marketing, automation, and delegation and emphasized the importance of empathy and ego as well. With the pillars in place, to insure the strong balance of empathy and ego, comfortably and credibly…

With the Republican and Democratic conventions now in the rear view mirror, watching the two principal contestants for President on the campaign trail, what they are saying and how they say it, I could not help but observe how it always seems to be about them and not us, the American people. So much ego…

A short sale, simply put, is the process of selling a primary residence for less than what is owed to a lender. A simple illustration will paint the picture. A bank has the only lien against a home. That home is currently “underwater”, which means the owner owes more than the property is currently worth…

The due on sale clause refers to that provision commonly found in a mortgage contract that requires the mortgage paid in full upon a sale or conveyance of the subject real estate that secures the lien. Mortgages with a due on sale clause are not assumable. The provision is all about protecting the lender’s interests….

Many real estate investors look at land contracts and land trusts as the same thing, peas in a pod, never realizing that they are not the same at all. A quick refresher. Land trusts are revocable living trusts providing the tandem of privacy and liability protection. A land contract is referred to as many things,…

A lot of folks, from experienced real estate investors to newbies, neither appreciate nor understand what land trusts are or how they may beneficially impact your real estate moves. Many confuse it with land contracts or misunderstand how they may benefit from land trust use. Another blog will cover land contracts. The definition of a…