Posts

What to do if a Seller-financed homebuyer wants to sell the home before the home is paid off.

One of the fundamental rights of real estate ownership is the ability to sell your interest in it. If you've bought a house from a previous owner, even if he's financing it for you, it's yours to sell. Generally, the only limitation on your right to sell would come from a lockout clause or prepayment penalty in the financing, just as would happen with a similarly written mortgage from a traditional lender. Doing Real estate in Carrollton, Fort Worth, Addison, Dallas, and all throughout Texas, the laws can vary so it is important to check with your local municipality to make sure that the contracts you are using encompass this type of event. Now as far as it comes to Grant Trevithick and the Real Estate Investing I have done, I can only speak from experience and want to encourage you to do further research to help guarantee that you understand fully what you are entering into with any of your sellers. With that being said here is some general things that have come up that I ...
Post a Comment
Read more

Grant Trevithick - Avoid the Pitfalls of Owner Finance

  Grant Trevithick Carrollton Real Estate Investor with a Pro Tip on avoiding pitfalls of Owner Finance.  As a real estate investor located in Carrollton Texas, I have done countless Owner Finance deals throughout all of Addison, Dallas, Fort Worth, and most of North Texas. I know the importance of understanding Owner Financing of Property. This article will explain various methods of Owner Financing and what pitfalls and problems you need to avoid in Owner Financing. So what are the pro’s and con’s of Owner Financing? If you do not understand the differences in a Land Sale Contract, also known as Contract For Deed and the more conventional methods of Owner Financing you could lose the property with no recourse other than suing for some of the payments made. To gain knowledge of the safe way to set up Owner Financing where it is a win-win situation for both the Seller and the Buyer, you will want to take the time to read and understand this article. Why Owner Financing There a...
Post a Comment
Read more

Grant Trevithick Carrollton Real Estate Investor Pro Tip - Avoid Scams when purchasing Owner Financed Land

  Grant Trevithick Carrollton Texas Real Estate Investor here with another pro tip about how to avoid scams when buying Owner Financed Land. When you purchase land in East Texas, you can enjoy it not only as a solid investment but also as a tangible rural property you can put to use however you like. Some people decide to grow vegetable and fruit crops on their land here in Texas, either to feed their families or as a small farm business, selling produce to local restaurants and other establishments. Others use it as a great getaway location, a pristine place in which to spend some time, recharge, and feel restored. Whatever you decide to do with your land, here’s something you need to know: There are scams out there (no surprise, right?). It’s important that you learn how to avoid these so that you can take advantage of the benefits of owner financed land for sale in Texas without getting scammed. If It’s Too Good To Be True, It Probably Is Don’t fall for promises that can’t be ba...
Post a Comment
Read more
  Grant Trevithick Addison Texas real estate investor here with another pro tip. Buying and owning real estate is an investment strategy that can be both satisfying and lucrative. Unlike stock and bond investors, prospective real estate owners can use leverage to buy a property by paying a portion of the total cost upfront, then paying off the balance, plus interest, over time. Though a traditional mortgage generally requires a 20% to 25% down payment, in some cases, a 5% down payment is all it takes to purchase an entire property. This ability to control the asset the moment papers are signed emboldens both real estate flippers and landlords, who can, in turn, take out second mortgages on their homes in order to make down payments on additional properties. Grant Trevithick founded Owner Finance Homes and several other companies in texas using various techniques. After going through several different avenues of investing here are six key ways investors can make money on real estate...
Post a Comment
Read more