Sub-Prime Lending Markets Will Affect You

Forget all the negative press about "predatory practices" that have put some of the major sub-prime lenders out of business lately - there is much more to the picture! A sub-prime lender is one who lends money to high-risk individuals.

The biggest players, including some large banks and insurance companies, are losing tremendous sums of money at the sub-prime game.

Over the past several months, most major sub-prime lending companies, including the biggest and oldest in the ...

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The Time-Value Of Money

Time affects the value of money. It's the age-old adage that dollars today are worth more than dollars tomorrow. Grasping this important perspective goes a long way toward understanding the private paper marketplace. And it puts you in an excellent position to clarify certain financial decisions for your business.

To understand this concept, think of the flow of dollars in terms of the old bromide - "A bird in the hand, is worth two in the bush!" You know you won't go hungry. ...

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Articles & Reports

Real Estate Corner Simultaneous Closings

You don't have to stretch the envelope to achieve creative solutions for real estate financing situations. An abundance of tried and true strategies are available. Most of the more successful arrangements involve the creation, exchange, and/or sale of private mortgages somewhere in the mix. Realtors with CCIM training, and agents specializing in exchanges, have been using these deal-making weapons for decades.

Being aware of these old deal-making techniques, and using them daily i...

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Helping Your Clients

Your client wants to purchase a business opportunity/commercial building you have listed. He needs $30,000 for the down payment and $25,000 for working capital.

During the pre-qualifying interview, you learn that your client is holding a $125,000 note, secured by a commercial building that he sold along with his auto body business. The note is earning a 10% interest rate payable over 30 years. Although the buyer came in with $50,000 cash, that amount only covered the purchase of the...

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