Posts

Life: An unspoken truth

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 Hi, this is Grant.  Today I want to take a look at a saying that many of us have heard. "Life is what get's in the way while you're making plans".  I know that I am usually talking about the reasons that buying a home using methods that don't involve traditional lenders can be a great option for many of you. If not that, than it's the other side of that equation that is the subject...why selling your home in a non traditional way can be the best choice for you.  In my upcoming posts  I want to explore a simple truth. More times than not the reason we either sell or purchase a home isn't about the profit created, or the great buy on the property. The driving force for the transaction is... life.  I'll explore why there are forces in our life that make the perfect choice one that just cannot be achieved, and why all is not lost when this is the case. The conversation will be about current housing status, family, work, health and the consequences of each...

Real Estate Investor breaks down the owner finance process

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Grant Trevithick here to talk about how the process of owner finance actually works. I have been doing real estate in Carrollton, Dallas, Fort Worth, and all through-out Texas and I have come to realize that most people are not familiar with how owner finance actually works. I thought I would take some time and give a brief run down of the process. Owner financing is a financing arrangement in which the seller of a property provides part or all of the financing to the buyer. This type of arrangement is sometimes called seller financing or seller carryback. Here is a brief overview of the process of owner financing: The buyer and seller agree to an owner financing arrangement. This can be part of the purchase contract for the property. The seller provides the financing for the property, either in the form of a mortgage or a promissory note. The terms of the financing, such as the interest rate and repayment schedule, are agreed upon by the buyer and seller. The buyer makes monthly payme...

Why Using Subject-To Makes You The Bank

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  In the world of real estate, innovative financing options have emerged to make homeownership more accessible and mutually beneficial for both buyers and sellers. One such method gaining popularity is subject-to financing. In this article, we will delve into what subject-to financing entails and explore the benefits it offers to buyers and sellers alike. Let's embark on an optimistic journey that illuminates the possibilities of this empowering financing approach. What is Subject-To Financing? Subject-to financing is a creative real estate arrangement where the buyer acquires a property "subject to" the existing mortgage, taking over the responsibility for payments while leaving the loan in the seller's name. This method allows buyers to bypass traditional mortgage processes, making it an appealing alternative for those facing credit challenges or seeking faster transactions. Benefits for Buyers: Flexible Qualification: Subject-to financing provides an opportunity fo...

How to get a house using subject-to

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  I'm Grant Trevithick, your trusted real estate investing professional hailing from the great state of Texas. Today, I want to shed some light on a strategy that has the potential to transform your real estate investment game – owner financing. This method offers a host of benefits that make it an appealing option for savvy investors looking to expand their portfolios while minimizing risks. Owner financing is a win-win situation, allowing both buyers and sellers to achieve their financial goals. In this article, we'll explore the many advantages of this strategy, backed by expert insights and real-world success stories. Flexibility in Financing Terms One of the most significant advantages of owner financing is the flexibility it provides when structuring the deal. Unlike traditional lending institutions, where you must adhere to their rigid terms and conditions, owner financing allows you to negotiate terms that suit both parties. This can include the interest rate, down paym...

Embracing Opportunity: The Power of Owner Financing in Real Estate Investments

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Greetings, fellow real estate enthusiasts! I'm Grant Trevithick, a passionate real estate investor calling Dallas, Texas, my home base. Today, I am excited to shed light on a transformative strategy in the real estate world: owner financing. This dynamic approach not only unlocks doors to lucrative investment opportunities but also fosters creativity and flexibility in property acquisitions. Join me as we explore the ins and outs of using owner financing to purchase a home and how you can harness its potential for your own real estate ventures. Understanding Owner Financing Owner financing, often referred to as seller financing, is a game-changing method in the realm of real estate transactions. In this arrangement, the seller assumes the role of the lender, offering financing directly to the buyer, thereby bypassing the traditional mortgage lending process. This innovative approach opens up a world of possibilities for investors and homebuyers alike, enabling them to secure proper...

Grant Trevithick Texas Real Estate - Why owner finance is a great strategy for Real Estate Investing

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Grant Trevithick here to explain more about what Owner Financing involves and why it may be a great Real Estate Investing strategy. As always I want to disclose that I do real estate in Dallas, Carrollton, Fort Worth, Irving, and many other places in Texas. So it's very important to check the local laws in your state and consult with a professional prior to making any financial decisions. What is owner finance? Owner financing involves the seller of a property financing the purchase for the buyer, instead of the buyer getting a traditional mortgage from a bank or other lender. The author lists several reasons why this strategy can be advantageous for both the buyer and seller. Why is it a great strategy? First, owner financing can be a way for sellers to sell their property more quickly, since it can attract buyers who may not qualify for a traditional mortgage. This can be especially helpful in a slow real estate market, where it may be harder to find qualified buyers. Second, own...

Unlocking the Power of Owner Financing in Texas Real Estate

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Investing in real estate is a journey filled with decisions, and one of the most crucial choices is how to structure the financial aspect of a property transaction. Traditionally, buyers have turned to banks for mortgage loans, but in the vast landscape of Texas real estate, owner financing is gaining traction as a game-changing alternative. Understanding Owner Financing Owner financing , also known as seller financing, is a unique arrangement where the seller of a property becomes the lender. Instead of dealing with a financial institution, the buyer and seller negotiate the terms of the financing directly. This approach opens up a world of possibilities and sets itself apart from the conventional methods of obtaining a mortgage. The Texas Advantage Texas, with its diverse real estate market, offers a fertile ground for exploring unconventional financing options. The Lone Star State's real estate market is known for its dynamism, and in such an environment, owner financing can be ...