COULD YOU USE AN EXTRA DEAL THIS YEAR? WE CAN HELP
Situation: A fixer-upper buyer tell you he has found a $100,000 property he can buy for $60,000. His credit is poor and the property in bad condition. Conventional lenders won’t make the loan.
Solution: We make him an 80% loan of the purchase price. With minimum paperwork, he closes escrow in 10 working days with a private lender. He repairs property and lists it with you to sell.
Situation: Your listing is in escrow and due to close in 30 days. The seller calls you on a Monday and tells you of a Notice of Sale they just received. The foreclosure sale takes place Friday at 11:00 a.m. They forgot to tell you they hadn’t made payments in 6 months.
Solution: We arrange a swing loan with our private investors. We bring the defaulted loan current and perhaps pay a month’s payment in advance. This gives you time to close your escrow. You get paid and your seller saves their equity.
Situation: A little old lady calls you and wants to sell the home she has been living in for 50 years and it is in very bad condition. In order to get top dollar she needs to fix it up. She can’t qualify for a loan.
Solution: We arrange a private $ loan that is in compliance with loan regulations. Seller now has the money and the time to do repairs, and you list and sell the property
Situation: You find a great buy on an 8 unit apt. building. You call your investor client and he tells you he would love to buy the property, but he doesn’t have the ready cash for a down payment.
Solution: We put a loan on another of your client’s properties and "cross collateralize" the 8 unit you sell him, providing the funds you need to close the transaction.
PURCHASE EXISTING TRUST DEED
Situation: You have a client who holds a note and trust deed. They need cash to pay taxes or purchase a property from you.
Solution: We arrange a purchase at a discount, to cover costs and fees.
California Department of Real Estate License # 01157109
D.R.E. Phone (916) 227-0931
© 2009 Woody Financial Realty. All rights reserved.