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Further
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What Will Happen To Your Business If You Are Sick? - Arthur Cooper
(c) Copyright 2004 Do you run your own business? If you do, have you ever stopped to think what would happen to it if you were sick? Would it be able to continue without you for any time at all? You may be its driving force, its brains, the force...
The different credit services available to you - Jakob Jelling
You can use credit services to finance your needs. From buying a home or a car to financing your everyday purchases, credit services can help you meet your needs. The credit services you seek will depend on your situation. A home mortgage can help...
How To Hit The Competition Without Losing The Customer - Ray L Edwards
Get over it! If you run any type of business, you're going to have competitors. Even if your product or service is a unique one, soon you'll have copycat products start surfacing. Competition is therefore just a fact of business life and one of the...
Business Building Ideas - Terri Seymour
With this article, I am going to provide you with some of the best ways to build your online business. There are many ways, some not so good and some excellent! The ideas I have listed below are the ones that have helped me the most. 1.Answering...
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Lease-Option Caution Signal
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Written By:
Mark Walters
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Why are real estate investors having so much success offering "rent to own" homes?
Lease-options offer home ownership opportunities to folks with little cash and not so hot credit.
Oh boy, there are plenty of those around.
Both parties in a lease-option deal are counting on the buyer being able to qualify for a home loan before the option expires.
The investor wants to collect his profit when the optionee buys. The optionee wants to own the home.
During the lease period the renter/optionee must be working to improve their credit score to the point where they can qualify for a loan and buy the home.
Even though there is plenty of sub-prime loan money floating around at the present time... the lease-option method of acquiring a home seems to appeal to many.
In our own investing program.... Before we accept someone for a lease-option deal we have them interviewed by our friendly loan broker. He gives - continued below ...
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us thumbs up or thumbs down on whether our prospective buyers has a chance to qualify for a mortgage loan during the next 12 to 24 months.
It would be unethical and dishonest to enter into a lease option deal with a couple whose credit could never be cured even with a miracle drug.
We are not aware that it has happened, but we fully expect to see a lawsuit filed against some careless investor who does a lease option deal with someone whose credit is beyond redemption.
That renter/optionee has been lead to believe he can buy the home and when he finds out he can't we are sure some hungry lawyer will rush to their rescue.
We can visit that investor in jail and bring him a copy of a "no money down" book with a file hidden inside.
About the Author
Mark Walters is a real estate investor and author. His published works can be found at http://www.CashFlowInstitute.com
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Unfair Competition and Abuse of Power - Sharon Housley
Last summer, rumors were abound that an employee of Tucows was using Tucows statistical information in order to determine which products produced the highest return on investment, with the intent to clone them and create competitive products. While...
50 Unbelievable Benefits Of Joint Venture Marketing - Ben Tiew
50 Unbelievable Benefits Of Joint Venture Marketing copyright @ 2005 Ben Tiew What Is A Joint Venture? A joint venture is an agreement in which two or more businesses work on a project for a set period of time. Joint ventures can be long-term,...
Small Manufacturers Find Rapid ROI by Leasing Manufacturing Software - Rocky Smolin
E-Z-MRP, the leading manufacturing software system for small manufacturers, announced effective April 15th, there will be a new pricing and product structure. According to Rocky Smolin, founder of Beach Access Software, makers of E-Z-MRP, “We see a...
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