More Seller Financing — & More Flexible Terms Sellers Terms: Cash, Contract for Deed, Contract/Deed w/Assumption, Conventional, DVA, FHA –MLS listing I’m seeing lots more listings like the one above. If you don’t speak “Realtor,” here’s a quick glossary: Contract for deed: Buyer makes monthly payments to the Seller, who retains title; title transfers when...Read More
Schwarzman’s “Nazi’s” Comparison We have met the enemy, and he is . . . us. –Pogo Stephen Schwarzman, a Wall Street honcho, made headlines last month for comparing President Obama’s proposal to raise (the absurdly low) tax rates on hedge fund compensation — called “carried interest” — to Hitler’s invasion of Poland. Funny, I had...Read More
“Fair Market Value,” Defined I, along with thousands of other agents, have developed a scientifically proven, 100% reliable way of establishing a home’s value. Ready? Here’s how you’ll know any given home is priced at fair market value: It sells.* Defining “Fair Market Value” That may seem unduly glib (if not harsh). Unfortunately, for many...Read More
