I’ve been asked to be part of a tele-seminar on Owner Financing & Lease Options

By
Real Estate Agent with Keller Williams Realty

I love doing owner financing and lease options, and it is really nice when I can sell things before they even get put into the MLS. Why do they sell so fast? Because with the mortgage industry being the way they are right now, it is leaving a lot of people out in the cold, that just 1 year ago, could have gotten financing.

Other reasons Owner Financing works so well is Luxury Homes, even with an 800 credit score you still may end up paying 8% on a jumbo loan. With owner financing the interest could be only 6%.

Why would a seller of a luxury home want to do sell with owner financing? If you have a million dollar home and someone puts 20% down that leaves a balance of $800,000. At 6% interest, over a five year period, you are making a total of $232,000 in interest. Your one million dollar home, in five years, just became your 1.2 million dollar home.

The main reason I was asked to join is because I've incorporated lease options with owner financing to create wealth for some investors. I've even started to get my investing going with lease options and owner financing.

So for more information about this tele-seminar that I have been ask to be a part of click on the link below. If you are in a market where banks have stopped lending, then Owner Financing maybe an option for you to bring your real estate career back to where it was 2 years ago.

Teleseminar Tuesday 1:00pm Pacific Standard Time

Todd Clark - broker
Kastings & Associates
Phone: (503)524-9494
Fax: (503)622-8739
Todd@IFoundYourNewHome.com
http://www.ifoundyournewhome.com/

creative financing

         
Posted by


Todd Clark (broker w/ Ken's Home Team)
Keller Williams Realty
Todd@IFoundYourNewHome.com
Phone: (503)524-9494
Fax: (503)746-9573

 

 

 

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 I am a licensed Realtor who specializes in Washington County, Oregon and also work in both Clackamas and Multnomah Counties including the cities of Aloha, Beaverton, Canby, Clackamas, Gladstone, Gresham, Happy Valley, Hillsboro, Milwaukie, Oregon City, Sherwood and Tigard. All information contained in these posts are copyrighted and cannot be used without prior written approval authorization from the author me Todd Clark. If you are looking for an outstanding agent please give me a call I would love to help you with all your real estate needs.

 

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Topic:
ActiveRain Community
Location:
Oregon Washington County
Groups:
Creative Financing, Grants Deal Closers
Lease Option
Tags:
teleconference on lease options and owner financing
todd clark

Comments 10 New Comment

Show All Comments
Rainmaker
384,536
John Walters
Licensed in Louisiana
Frank Rubi Real Estate

People don't realize these things work.  We have been selling rental property using bond for deed.

November 04, 2007 05:04 PM
Rainer
79,628
Daniel Sundberg
Crystal Springs Real Estate
I just sold 2 properties on owner financing. Its also cheaper for the buyer because there are no BANK closing costs!
November 04, 2007 05:09 PM
Rainmaker
197,236
Marlene Bridges
Laguna Homes|Laguna Condos|Laguna Real Estate
Village Real Estate Services, Inc.
Wishing you great success with your seminar.  This is a good way to go in today's market.  It's can be a win-win for both buyer and seller.
November 04, 2007 07:53 PM
Rainer
105,006
Mike Norvell Sr
Norvell Consulting Group
Morris Williams Realty

Way to go Todd, this may not be the wave of the future, but it is survival now. Survival for the sellers who can't wait any longer, and the realtors smart enough to figure out how to do this.ANd the buyers are eventually going to close out of the lease options, we are just planting seeds, yes??

 I am happy to see thing are moving for you. I hope to have a few more go thru the same channel this week

November 04, 2007 08:09 PM
Rainmaker
58,979
Candy Henthorne
Spring Texas Real Estate
Results Realty
Todd - Good luck with the seminar!  You will be awesome as you can offer so much of your experience.
November 04, 2007 10:01 PM
Rainmaker
291,777
Kathy McGraw
Riverside County CA Real Estate
CELLing Realty
Todd- I know you have been working on these for awhile so the seminar should be a good one.  have fun with it....
November 05, 2007 01:52 AM
Anonymous #7
Anonymous
Anonymous
Todd, thanks...this is a new way of looking at things for me.  I must keep this in-mind when talking to buyers. 
November 05, 2007 01:28 PM
Ambassador
2,032,195
Todd Clark
Broker - Beaverton, Oregon Real Estate Expert - (503) 524-9494
Keller Williams Realty

John - In todays market it is a great way for sellers to make more than the home can appraise for.

Daniel - Exactly and the seller makes so much more!

Marlene - If it is done as a win-win and not to take advantage of people

Mike - I'm not expecting much business from the seminar, but maybe a couple referrals could be nice.

Candy - I am looking forward to it and maybe one day I can write my own book like my menor has.

Kathy - When don't I have fun?

Wayne - It can even be a better way to approach sellers!

November 05, 2007 02:27 PM
Ambassador
2,032,195
Todd Clark
Broker - Beaverton, Oregon Real Estate Expert - (503) 524-9494
Keller Williams Realty

Michael - Not only is there a link to sign up for free for the first class for active rain members and there should be a MP3 file available by wednesday.

http://activerain.com/blogsview/262896/Mr-Real-Estate-s

Todd

November 06, 2007 12:27 AM
Ambassador
2,032,195
Todd Clark
Broker - Beaverton, Oregon Real Estate Expert - (503) 524-9494
Keller Williams Realty
Michael - We had some technical gliches and I think we are going to do the first conference over again for free. But as soon as we have it up and ready, I will blog about it!
November 12, 2007 10:36 AM
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Ambassador
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Todd Clark

Broker - Beaverton, Oregon Real Estate Expert - (503) 524-9494
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