What is our magic sauce?
It is our ability to do “creative deals”. But what does that mean? Below we put together a list of questions and answers we commonly address to everyone we help. We hope this answers most of your questions but would encourage you to call us, or better yet, follow out the form above and let our team help you out.
Here are some common FAQs about creative financing:
What exactly is creative finance in real estate?
Creative finance in real estate involves using alternative financing methods or structuring agreements creatively to achieve specific goals like maximizing profits for homeowners or overcoming financial challenges as well.
How can creative finance benefit me as a homeowner or seller?
Creative finance can benefit you in several ways, such as providing flexibility in selling your property (timeline), maximizing your profits, and reducing tax liabilities, (investors or homeowners with too much equity). But also combating challenging financial situations like death, inherited properties, foreclosure or bankruptcy.
What are some creative financing methods?
Creative financing encompasses various approaches such as seller financing, lease options, subject-to-financing (taking over mortgage payments), wraparound mortgages, partnership agreements (collaborating to increase value), rent-to-own, and alternative funding sources.
What risks come with using creative financing in real estate?
Like any financial strategy in and out of real estate dealings, there are risks involved in everything we pursue. However, the key lies in thorough research and having a good grasp of the local market. Reflecting on the banking and financial turmoil of 2008, no one was immune to the practices of the “trusted” lenders and banks of that era. Opting for a small, local professional is usually the most sound advice in such scenarios.
How can I make the most for my home?
Here are the top four ways we believe you can maximize earnings from your home:
- Creative Finance Sale (Seller Finance / Subject To): Achieve the highest price for your home.
- Retail Market Sale: Selling with us or a Realtor may not offer the same level of excitement. Additionally, results may vary based on the economy.
- Creative Partnership with Investor: Collaborate with an investor to increase your earnings.
- Cash: Fast, usually with a reduced price or discount.
Can I remain in my home after you purchase it?
Typically, arranging for a rent-back or allowing someone to stay in the home for an extended period can be difficult. However, with good communication and a mutual willingness from both parties, it may be achievable in the right conditions.
Will I need to make any repairs or do any cleaning before selling my home to you?
No need. Take what you want with you on your next journey, and leave the rest!
What other services do you provide?
We handle various situations, including managing inherited property, guiding through probate procedures, and assisting individuals and investors in optimizing their sales profits. Moreover, we support handling tax consequences associated with sales. We are the trusted property buyers.
What if my property is upside down with no equity?
FEAR NOT! We’re the A team when it comes to adding value! Skip the check-writing at the closing table. Let us swoop in, unravel your situation, and create a master plan to save the day!
Do you just buy houses?
We purchase a variety of items, including:
- Houses
- Apartment buildings / Multifamilies
- Land
- Wooded lots
- Camps / Farms
We also acquire contents from the homes we purchase, including:
- Cars / Vehicles / ATVS
- Antiques & collectibles
Can you help me relocate?
With a shared goal and a willingness to assist each other, we can definitely help you relocate!
How fast can you buy my property?
We can buy your property as quickly or slow as you require.
How can it save me on taxes?
A little secret about creative finance. It’s an amazing tool to be used against paying high capital gains & income gains! Click Here to learn more.
Ready to get started selling your property to us? Click on the button below and fill out the form to have one of our team members reach out to you.