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….
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One thing that can separate a successful investor from a struggling investor is perfecting a system to find motivated sellers. I’m not even talking about those who are highly motivated. I mean those who are somewhat motivated, and simply need someone with a certain skill set to negotiate with them. As a property investor…
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A real estate transaction involves a series of steps right from perusing properties to closing a deal. Knowing what to expect in a property transaction can make it less stressful, at the same time eliminating guesswork in this purchase. So, if you’re wondering where to start, here are the 5 basic steps to go about…
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Mortgage rates for 30-year loans have fallen for the sixth straight week, according to Freddie Mac, falling to 3.78 percent for the week ending September 7. The mortgage rate for 15-year loans also dropped, from 3.12 percent to 3.08 percent. Points, which borrowers must pay to get the lowest rates, were not calculated in…
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Mental health is defined as an individual’s condition in regards to psychological and emotional well-being. Positive mental health is characterized by a person’s ability to learn, manage and cope with uncertainty and change, maintain and form positive relationships with others and manage and express their emotions. There are several ways that you can benefit from…
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No matter what your profession is in life, it’s common to wrestle with fear at various times in life. Who hasn’t been overcome by a wave of fear one time or another? That’s common, but consistent fear can paralyze and debilitate you when it doesn’t need to. Fear can cause you to remain locked in…
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Marko go over where to find Motivated Sellers. He explains when there could be increase and decrease in percentage of sellers which are out there during different markets. He gives specific examples on where to get the lists and also having motivated sellers contact you. The Motivated Sellers are out there. They exist.
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It’s no secret that relationships and marriages fail. In fact, about 50 percent do sooner or later. This is unfortunate for the couple, and it can be a stumbling block for real estate investors as well. Why? Because where there may have been two incomes coming in to pay rent, there may now only be…
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I’ve told a dozen of newbie investors that dealing with motivated sellers is one of the proven ways to get a property at a heavily discounted price. And, while most of them have gone away with this piece of advice, I have had many come back to me with a million dollar question – “Marko,…
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One of the largest data breaches has occurred at Equifax, one of the largest credit reporting companies, and identity theft experts are quite concerned. They have every right to be, as an estimated 143 million consumers’ personal information has been stolen. This includes Social Security numbers, credit card numbers, and addresses. This is the…
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