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No Doc Loans In The Post Housing Bubble Market

No doc loans are searched for every day by hundreds if not thousands of people. Unfortunately, conventional mortgage lenders no longer offer such programs due to the high rate of defaults after the housing bubble burst. That’s the bad news. The good news ... Read >

3 Things You Must Not Do When Owner Financing A Home

As a private note buyer, I see lots of private mortgage notes. Sadly, many are worth far less than they could be because of mistakes property sellers make when creating the note. At the time of the sale, the only thing most property sellers can think abou... Read >

The New Mortgage Lender By Necessity - The Home Owner

The current mortgage and real estate crisis has created a boom in the private mortgage note business (Notes created by owner financing). Desperate home sellers are increasingly becoming the mortgage lender by necessity as banks have gone to the other extr... Read >

The Accidental Small Business Millionaire

Those of us who are small business owners often purchase property as a location to do business. Then we hold it for a lot of years, doing business and not worrying much about what may be happening to the value of the property. Consider buying a buildi... Read >

4 Mistakes To Avoid When Managing Your Owner Financed Mortgage Note

With the crash of the real estate market and complete pendulum swing in requirements to qualify for a mortgage, many home sellers are resorting to owner financing in order to move their property. Once the sale is completed, the seller now has in their pos... Read >

Life vs. Money – Why Does It Have To Be This Way?

We make trade off decisions, where we choose something over another such as stuff versus more security. Some of these decisions will affect us for many, many years. Here is a perspective for these life-altering decisions. Do you ever feel like you wo... Read >

The Dangers of Holding Fixed Income Financial Assets in the U.S. Today

We live in troubling times. The U.S. economy is in the ditch and the government is spending money to try and stimulate it like there will be no tomorrow. And with their reckless abandon of spending, there just may be no tomorrow or at least no tomorrow th... Read >

Just What Is The Future of The Buck?

The U.S. government's printing presses are in full turbo mode printing "fiat" money. Wikipedia defines fiat money as "Fiat money is money declared by a government to be legal tender." How nice. According to an excellent commentary by Mike Moffitt on about... Read >

Just what Is A Mortgage Buyer Looking For When I Go To Cash Out Our Private Mortgage?

Private mortgage note buyers consider the following five elements when buying and pricing a mortgage. Knowing these factors may reduce the frustrations of many mortgage sellers. They are. 1. The credit scores of the buyer. Many mortgage note purchasers w... Read >

Virtually Worthless Small Business Accounting Reports

Many small businesses rely on reports from their CPA to see how their business performed. Unfortunately, by the time many small businesses get their reports it's way past when they needed to see them. I'm not bashing or blaming the CPA firms. I used to be... Read >

Turn That Music Down Or Else You'll End Up Deaf!

It's the persistent nag of parents, but things are getting tougher for parents who want to protect their kids' ears. Kids are listening to little music devices that are not as easily noticed and monitored by parents. And it's not merely about contr... Read >

Youthful Sufferers of Acute Hearing Loss. Hearing Loss Isn't Just An Elderly Difficulty

Recently, the National Center for Health Statistics reported that fifteen percent of Americans under the age of nineteen suffer some degree of hearing loss. Yes, younger people are going deaf primarily from excessive noise. And the noise is everywh... Read >

4 Moves To Almost Guarantee A Slow Home Sale

It's a tough job to sell a house in today's market. There are fewer qualified buyers, housing prices are down, and the buyers who are out there are looking for bargains. They are also pretty picky about what they want to find in a home. When it comes t... Read >

Know Where To Find A Stated Income Loan? The Answer Will Surprise You

During the real estate boom many home buyers, particularly self-employed people were able to get a mortgage in the form of a stated income loan despite not showing sufficient income on their tax return. As a result of the sub-prime implosion and subsequen... Read >

Final Expense Insurance: 4 Questions You Must Ask When You Buy Final Expense Insurance

If you are considering buying final expense insurance, you need to be aware of the different kinds of final expense policies that are available on the market today. I've seen many people who bought final expense life insurance from a big name final expens... Read >