A large percentage of the mail we receive are from people that complain that sellers don’t want to do a lease purchase, they just want to sell their house. Or sellers come up with too many objections. My questions to those individuals are:

1. How soon after a property is listed are you calling? If you are calling only 2-4 weeks after a house is listed, sellers are not as interested. They still believe they will sell their home.

2. Are you following up on those sellers who say they are not interested now? While right now they may not be interested in lease purchasing their home, they might be six months down the road. Remember you are not in this business for the short term, but the long term. So be sure to follow up with every call you make. Your follow up can take the form of a call or correspondence. Personally, I like to send a letter. It allows me to send a business card and tell that person again how I can help them with my program.

3. Are you building a rapport with the seller? If you are just calling and asking if a seller wants to do a lease purchase or not, you are NOT building rapport. You are also not getting any information on that home at all. You also can’t do any follow up even if you wanted to. This is why you need a telephone script. A good telephone script allows you to build a rapport with the seller. It also gets all the information I need to decide if I even want to do a lease purchase on this property. I do not waste my time going to look at property, or setting up a meeting without having all the information about a property (physical, pricing and financial).

4. Are you telling the seller the advantages of lease purchasing their property? That they will get their asking price or even higher. That you have a large pool of tenant buyers that you can have drive by immediately. That these tenant buyers want to purchase their own home, not just rent. That you can get them a higher monthly payment. That you can get them get positive cash flow each month. That they will also receive non-refundable option consideration. That the tenant buyer will do all minor maintenance. That it is still their property until the tenant buyer exercises the option. That there are no Realtor commissions, closing costs, etc.

5. Are they objecting to lease purchasing because they think they are getting a renter? It is YOUR job to explain the difference to them between a renter and a tenant buyer. Renters give a security deposit that owners must pay back, put in a separate account (in most states). Renters don’t care about the property, it is just another house, townhouse, condo to them. If something breaks or goes wrong, it’s the owners problem not theirs, and they won’t pay their rent until the owner fixes it.

Tenant buyers are giving them non-refundable option money (a down payment). Tenant buyers are receiving a rent credit each month based on their payment record. Tenant buyers are responsible for minor maintenance. Tenant buyers want to be able to have their rent credit and option money applied to the purchase price of this home. They don’t want to lose out. They want this home to become theirs. They are going to take care of this property like it was their own. You can tell a seller that many tenant buyers make improvements ( with their permission, of course).

So be sure you explain to the seller the difference between a renter and a tenant buyer.

And remember, there are going to be some sellers who just want to sell their home. Tell them you wish them the best, that you are here for them if it doesn’t work out, and go on to the next seller you can help. There are a ton of them out there, you just have to make the calls ( and I don’t mean only 10 to 20 calls)!

If you need help with the above contact us at:

Keep trying. You’ll eventually succeed.

Interested in having your own successful, home based creative real estate investing business? Chuck and Sue have been helping folks start successful home based businesses for over 19 years, and we can help you too! To see how, visit http://www.homebusinesssolutions.com for the latest FREE tips and tricks, educational products and coaching in creative real estate investing and home based businesses. No time to visit the site? Subscribe to our “how to” Home Business Solutions Digest, it’s like having your own personal coach: mailto:subscribeHBS@homebusinesssolutions.com

Property Index sell a range of villas and apartments, take a look at their site if you are looking for overseas property investment, click here to view the properties.

Notwithstanding the fact that the Property Index service must be rated a new kid on the block concern, they were incorporated in March 2007, they have established expert status very quickly. They’re a unbelievably artless concern dedicated to offering experienced guidance to every customer looking to sell, buy, rent or let real estate assets no matter where. They guarantee lend you a hand to discover precisely what’s called for very quickly as well as, of course, unproblematically. Real estate is up for grabs everwhere at present, possibly the most fashionable area being properties you can purchase in Spain. It’s easy as one-two-three to catalogue the superb properties available in Spain, one reason for selecting property here being the houses and apartments available for sale and the fabulous option of spending your life surrounded by this high-spirited, animated and energetic population.

It’s one of the truly well-liked areas at present, and with the beauty and wonderful sunshine that surrounds you all day long, how could you be wrong? Real estate in Spain is steeped in history, this part of the world has a long tradition as a home to lots of cultures. Some twenty years ago you would find just a trickle of British people who are looking for properties in Spain. Just ask about anyone who has chosen to move to Spain and they’ll be sure to corroborate this. There’s many people who would will see it as a fairly insignificant craze and others will see it as a approximating to a fetish. People intent on migrating to this region range from young urban couples in search of a perspective to older people who intend to enjoy themselves and take it easy.

There might well be hindrances when trying to purchase properties overseas — there are, of course, 100s of disparate steps whether plotting, popping in or actually purchasing. If you only miss but a single procedure it is certain to bring about great hindrances not to forget, preeminently, monetary loss. As can be assumed with this popular location, properties could well be dear in this place and this, of course, is basically because of the steep demand. Regardless of this the patron is doubtlessly spoilt in terms of choice in such a part of the world so rich in shining countryside. It’s really got the whole shebang a patron could hanker after, and then some.

Foreclosure - for too many people, it’s an unfortunate reality that they haven’t made the payments on their home, and the bank is selling up. For investors, however, foreclosures represent an opportunity to build a property portfolio quickly and cheaply.

Even better, it’s not necessary to have a great job, great credit, a bank manager begging to lend you money - it’s possible to start investing in foreclosures without any of these things. Having said that, one or all of those things certainly make it a lot easier! However if you’re willing to be creative and think a little differently, it’s still possible to find great deals with options such as no money down. Don’t waste your time thinking it can’t be done - it’s done every single day.

In fact, if you can, it’s worth looking for creative deals even if you do have the money for a deposit - the less money you spend buying a deal, the more money you’ll have available for the next one, and the one after that. In fact, accessing money from places other than your own pocket helps you to continue buying properties indefinitely.

The profit margins in foreclosures can be huge. Many properties sell for 20-40% under market value. This is the main reason foreclosures are so attractive - you have little or no risk. Even if you need to sell up the property immediately, you can sell 10% under market value to get a quick sale, and still make a sizeable profit. That’s great investing!

Interest rates help make investing in foreclosures more profitable at present. It’s been a long time since interest rates have been so low, and although at some point they will go up again, right now it’s possible for a lot more people to qualify for a loan. That means there are more people available to buy your property, if you choose to onsell it again quickly.

It’s also important to realise that interest rates are low for a reason - a lot of people have been doing it tough. Unemployment regularly causes foreclosure to occur, which means that right now the levels of foreclosure are high - meaning there are plenty of bargains out there for an investor willing to do the groundwork. You need to learn where to find them, and have the persistence to put in the work required.

Perhaps you now find yourself saying, yes, well, foreclosures are really high right now, but that’s going to change. Yes, it probably will. At some point foreclosure rates will undoubtedly lessen. Remind yourself, though, that foreclosure have been around for many, many years - and will continue to happen. If you’ve taught yourself the steps to finding a great foreclosure deal, you will continue to find them. That’s true even when the economy is strong. People still fall behind on their mortgage payments and have to find a way out.

In the end, though, investing in foreclosures is all about choices. Building a large property portfolio, or regularly making solid profits by onselling foreclosure properties quickly, means that you can make choices about how you want to spend your time, and what you want to do. That’s the real benefit from finding out about foreclosures - you are your own boss. You choose the hours you work, and how much you’re going to earn. You can do it full time or part time around your current job. It’s a great opportunity for a parent to stay at home with small kids but still bring in an income. It’s all about lifestyle - investing in foreclosures gives you the freedom to make your own choices.

To find out more about investing in foreclosures, check out Foreclosures Online Central.

Article writing is an easy and powerful optimization tool that
drives targeted traffic to your web site in proportions never
seen before.

Instead of merely creating a web site and hoping it gets seen,
why not target your related information at other sites too who,
in return for your article, allow you a link back to your
website via a resource box? Here are six benefits:

1. Gain Visits

Articles are a very effective marketing tool to promote your web
site and thereby increase your business.

Your articles drive traffic to your web site from thousands of
other sites. Visitors to other sites will often link to you for
more information……AND links mean potential business!

2. Earn a Wide, Captive Audience on The Web

As an article writer you can write about your chosen interest as
often as you like and then submit it to various websites, eager
for extra free copy to add to their websites.

In doing so, you will increase your chances of being noticed by
the reader who will spot your articles on potentially thousands
of web sites and they will click to your link.

As importantly, the more links you have from other websites, the
more you are picked up by search engine optimization tools.

3. Gain Credibility

The more presence you have on the web, the more credibility you
will earn amongst readers. Your company name will be a name on
everybodys’ lips when searching for a reputable real estate
business!

The better the information supplied to the reader, the more
informed and professional your business will appear. The more
you are published, the more you will be portrayed as the “guru”
in the field, who is willing to share valuable knowledge with
the reader.

Through your presence on the internet, without trying, you will
already have established a good relationship with many readers.
They will be sure to look for your site in the future when
looking for quality information on your services.

4. Free Advertising

Yes, articles are completely free! So you can promote your
company through other peoples’ websites and literally “speak to”
thousands of international readers, and yes, these readers are
likely to link to your site.

5. Immediate Updates

Unlike updating a website, articles allow us to submit as much
and as often as we like.

If there is a new subject of interest in your business, you can
publicise it immediately. Your article will show everyone out
there that your company has its finger on the pulse, it is well
informed and it is the first to inform them of the news. This,
in turn, earns you more respect from readers and in turn, more
traffic.

6. Easy

With websites such as www.articlesender.com to do all the hard
work for you it really is very easy to submit your articles to
thousands of other websites.

In conclusion

Basically, the bottom line is that the six benefits of article
writing all have one valuable thing in common: they all increase
traffic to your website. In doing so they optimize your search
engine ranking, thus generating more business - in my opinion,
an easy opportunity definitely not to be missed!

Buying a home is euphoric and scary. On one hand, you are moving into a property you own. On the other, you are committing to the repayment of a lot of money.

How to Avoid Buyer’s Remorse

Buying a property can throw your emotions all over the place. First, you are ecstatic when the seller agrees to your offer. Soon thereafter, you start worrying about the price, potential problems and the commitment you have made to pay hundreds of thousands of dollars over the next 10, 15 or 30 years. It can be a monstrous rollercoaster for your emotions. You need not have buyer’s remorse.

The first issue giving rise to remorse is almost always the purchase price. If it makes you feel any better, the seller almost always thinks they should have asked for more. In truth, the agreed upon price is almost always pretty fair if you obtain a mortgage loan. The lender is not going to give you a loan well in excess of the value of the home, so you can rest assured you probably got a fair price. Yes, you may have paid $10,000 too much, but it is a relatively insignificant amount given the value of the property over time.

The second area of remorse is the payment obligation. Buying a home sounds great until you realize payments of $1,500 or $2,000 are due each month. What if you lose your job? What if someone gets sick? What if, what if, what if… Stop worrying. Life is full of risks and buying a home is a relatively minor one compared to other decisions we have to make. If you default on a mortgage, so what? Yes it is bad, but they are not going to put you in jail. Most successful business people fall on their faces five or ten times before hitting it big. In a worse case scenario, you can do the same.

Remorse can be an all encompassing thing. If you let it take hold of your emotions, you are going to suffer for no reason whatsoever. Remember, real estate is an excellent long term investment. If you keep the property in decent shape and hold on to the property for five or ten years, you will inevitably come out ahead. Stop stressing out and enjoy your new home!

Raynor James is with the FSBO site - FSBOAmerica.org - homes for sale by owner.

An adjustable rate mortgage is a mortgage loan that is fixed for a set period of time and then adjusts based on the rates during the adjustment period. Some common adjustable rate mortgage loans terms are 1/1, 3/1, 5/1, 7/1, and 10/1. The first number in what appears to be a fraction is the amount of time the rate stays fixed. The second number is the amount of time between adjustments. For example a 5/1 Adjustable rate mortgage would stay fixed for 5 years and then adjust annually.

An adjustable rate mortgage generally offers a lower rate than a fixed rate loan initially; however, it could adjust to a higher rate than the initial fixed rate mortgage would have been. An Adjustable rate mortgage, also called an ARM, is very good for a person that knows specifically how long they will be living at a specific residence. In other words, a person who knows for a fact that they will be moving in four years would benefit from a 5/1 ARM because they would be moving out of that home and mortgage prior to the first adjustment period.

Adjustable rate mortgage loans also have an adjustment cap and a lifetime cap. For example a 5/1 arm could have an adjustment cap of 2% and a lifetime cap of 6%. So in a worst case scenario, a 5/1 Arm with a 2/9 cap and an initial rate of 5% would stay fixed at 5% for five years. At the five year mark the rate could adjust a maximum of 2% to 7%, after another year it could adjust 2% to 9% and after the next year could adjust to 11%. 11% would be the lifetime cap and therefore the adjustable rate mortgage could not increase any more. If the rates go down however, the rate could adjust lower after any given year.

There is however a floor rate which is the minimum rate the loan could ever achieve. In other words if the loan started at 5% and the floor rate was 4% the interest rate would never drop below 4%.

The difference between a fixed rate and adjustable rate mortgage is the fact that a fixed rate loan may start at 6.5% instead of 5% so for the first 5 years one would be receiving an interest rate 1.5% below that of a fixed.

Copyright 2006 Jason P Bertrand

Jason Bertrand is the President of JPB Financial Services, Inc., a Connecticut Corporation and member of the Better Business Bureau. He has over a decade of experience in the financial services industry and is a Notary Public in the State of Connecticut. Please visit the following sites:
http://www.emortgageloanstore.com http://www.businessloansandleasing.com
http://www.jpbfin.com
Feel free to contact Mr. Bertrand with any questions or concerns through jbertrand@emortgageloanstore.com, or mail to: JPB Financial Services, Inc Attn: Jason P Bertrand PO Box 552 Vernon, CT 06066 860-982-5334

Both domestic and foreign investors are looking to buy land for sale in south east England to make above average capital gains quickly.

Also you don’t need to be rich to take advantage of this opportunity!

Land for sale in south east England is being bought by more and more small investors who are being advised by specialist land companies, to buy land that is likely to be grated planning permission.

A huge amount of farmland green belt and brown belt land needs to be developed over the coming years to feed the acute housing shortage in the UK.

The demand for premium land means that speculators buy land before it is granted planning permission and when permission is granted they can sell at a substantial profit.

Factors fuelling the UK land boom

1. The UK is already one of the most densely populated countries in the world and has a fast rising population fuelled by mass immigration.

2. 250,000 to 3,500,000 new homes are needed over the next 15 years rising to 4,400,000 homes needed over the next 20 years to satisfy the shortage.

3. 90% of towns are unaffordable for 1st time buyers.

4. The UK suffers from some of the oldest housing in Europe and there is a significant shortfall in the supply of affordable and mid priced housing.

5. Over the last 30 years demand for new homes has increased by around 30% and in the same period house building has dropped by in excess 50%.

6. Since 1997, the UK Government has increased the average number of new homes built per hectare up from 25 to 40.

land in south east England offers the best potential

While land for sale in the UK offers a great investment opportunity, it is land for sale in the south east of England that offers the biggest potential returns for buyers.

It is here that the housing shortage is at its most acute.

Land for sale in the south east of England is being bought and sold for big capital gains as London and the commuter towns to around the channel tunnel route see spreading urbanization

Past performance 920% AVERAGE growth in 20 years!

The average growth of UK Land values including farmland, greenbelt and brownbelt, has seen gains of 920% on AVERAGE in the above period; however speculators who have bought land in the right location have seen even bigger gains.

If you are looking to make big gains in land, then land for sale in south east England, offers the best potential returns overall.

This trend looks set to be the case for many years to come.

Risk & reward

Land offers investors great risk to reward, not only can inveztors make great gains, but they can do so with low downside risk!

The major risk in land investing is that the land is not grated planning permission quickly, however as land tends to increase in value anyway, potential downside is relatively low.

How to get involved

For investors who want to buy land for sale in south east England there are many specialist land companies who can help.

By dividing large plots of land into smaller plots investments can start with as little as $10,000.

Investors can get specialist advice on the best plots of land to buy and can also benefit from buy back options offered by developers.

This means that if a plot of land has to be sold quickly, there is a guaranteed buyer.

Land the perfect diversification for investors

If you take all, the facts into account land for sale in south east England offers an outstanding investment opportunity for investors seeking above average growth with relatively low downside risk.

FREE Infopac on land investing

For a free infoback on the potential for buying land for sale in southeast England as well as other areas that could produce captial gains, please visit:

http://www.lpgroupinternational.com

The phone range and Peter was on the other end of the line. “Willard, I have a friend of mine that has a real estate problem.” I said, “Send him over.” Two hours later, Jerry sat in front of me terribly upset. Three years earlier, he had been talked into buying a 4 unit building in partnership with Smooth Talker, a knowledgeable, smooth talking real estate salesman. Smooth Talker offered to find the property, arrange the financing, manage the building and even put up the down payment. Jerry was told that all he had to do was use his perfect credit to qualify for the loan and then sit back, wait seven years and the money would come rolling in.

Smooth Talker also promised that the two of them would do more deals and Jerry would make over $100,000. What Jerry did not know and he would not figure out until 3 years later was that Smooth Talker had no intention of splitting anything and Jerry could kiss his perfect credit goodbye. 3 years ago, Smooth Talker had Jerry and two other buyers, buy three buildings, located on one street. The buildings cost $150,000 each. Smooth Talker put up $1,500 down payment for each property, while at the same time, telling the buyers that he was putting in $12,000.00 for each. There was an unexplained difference of $10,500 each.

Smooth Talker also collected a $9,000 Real Estate commission on each. Smooth Talker also agreed to take the building in as-is condition, with no inspections and without requiring the seller to make any repairs. There were, unknown to Jerry $10,000 worth of air-conditioning as well as other work. Smooth Talker had those other two buyers borrow from the Federal Government a remodeling loan of $48,000 to make the needed repairs. When those other two buyers each got their loans, Smooth Talker took all the money and said he spent it on Jerry’s building. Let me clarify that. Smooth Talker stole the money from the other two investors, telling them he used it on Jerry’s building. That is still stealing. My research later showed that he did almost no repairs to any of the buildings, and what little repairs he did have done, were not even paid for.

Smooth Talker cheated the poor workers out of their pay. No one could ever understand what he was doing. He even collected rent, pocketing any cash. When the buyers wanted an accounting. Smooth Talker wouldn’t even supply it. When I came on the scene and demanded, as a matter of law, an accounting of what was received and spent. Smooth Talker didn’t have any proof of what happen to all the money.

Jerry wanted out of the partnership but Smooth Talker didn’t want the building sold; but he did want to make sure he got his due, if it was. He gave me a statement showing that he had put in $34,000 (which was not true) into the building and wanted that before any split of profits. This would of left Jerry receiving $5,000 and Smooth Talker making $46,400 on the whole deal.

To avoid being in this kind of a situation, I advice the following, before doing any sort of real estate deal; a) Evaluate your risk. What is your downside? Have a real estate expert study the deal. b) Set up operating and reporting guidelines with your partners. Put everything in clear English. c) Have everything reviewed by an attorney or an accountant. d) Choose your people partners with care.

About The Author

Willard Michlin is an Investor, Business Broker, California Real Estate Broker, Accountant, Financial Distress Consultant, Well known Public speaker and Administrative/Business Consultant. He can be contacted at his Ventura, California office by calling 805-529-9854 or by e-mail at kismetrei@earthlink.net

See other article by Willard at http://www.kismetgroup.com

kismetrei@earthlink.net

Obtaining multiple refinancing quotes will save you money and future
headaches. By researching several lenders, you will find the most
competitive rates. You will also be able to select a company that provides
excellent terms and service for your budget priorities, saving you future
hassles.

Save Money With Multiple Mortgage Offers

Lenders know people can find loan quotes in minutes on the internet, so
they offer better rates and terms online in order to compete. Rates can
vary as much as a point or more between companies on loans with the
same terms. Depending on the size of your refi, even a slight difference
in rates can save you thousands.

By searching online, you expand the pool of available financing
companies you can work with. So you can get the best loan rates, even if the
company office is across the nation. Searching online also helps you
save time on your search.

Better Terms With More Choices

The right terms can be just as important as finding the lowest rate.
With online lenders, you have optimal options for the length of your
loan. Cap limits on adjustable rate mortgages vary widely between companies
and should also be considered in any mortgage decision.

Fees, for such things as early payment or application processing, can
also differ considerably between companies. Comparing quotes will help
you weed out the bad terms. But also know you have the option to
negotiate these terms and fees with lenders.

Educate Yourself In The Process

One of the byproducts of researching refinancing rates is that you
become better informed about the lending process and market rates.
Understanding the terms, cost calculations, and loan fees helps you make better
choices.

Knowing the differing terms will help you select the best loan package.
So you may find that since you plan to move in less than seven years, a
low cost refi is better than the rock bottom low interest rate loan
with high closing costs.

As with any large purchase, comparison shopping is imperative in find
the best value on your next refinance. The time you spend now will pay
dividends for years to come in lower monthly payments and interest
costs.

View our recommended lenders for home mortgage refinance quotes online.

Carrie Reeder owns ABC Loan Guide, an online resource with information about mortgage companies online and mortgage loans for people with bad credit.

The opportunity may be right for you to be able to get the home owner loan that you have wanted. The economy has made it possible for many who could not get loans before to be able to get one easier now. This article will give you some information about the kind of loans that may be available to you.

Home owner loans come in many different forms, and can be used for a variety of purposes. By comparing available rates on the Internet, or by visiting a loan office, or bank, it will help you to quickly find a home owner loan for your needs, and in a secure manner. Above all, by taking a little time to do some research into this type of loan, it will help you to make the most informed decision about getting that right home owners loan for you. Some of the more common types are:

Home Equity

The easiest kind of loan to get would be if you have some equity in the house. This kind of loan basically allows you to borrow against the money that you have already paid into your home.

Second Mortgage

This kind of loan can be obtained now even if you have not lived in the house long enough to build up much equity. A second mortgage can be applied for either as a secured loan (with equity), or as an unsecured loan (no equity). Both types have their advantages, but the secured loan will be the cheaper way to go - but, if you default, you lose the house. Banks love the stability of knowing that there is something solid to fall back on, and that is why the loan is cheaper.

Home Repair or Upgrade

A home owner loan can also be taken out in order to get the desired work done on your home. It is really the same thing as a second mortgage - or, personal loan. It can also be taken out as a secured loan, or unsecured.

Debt Consolidation

This could be the best time to get your cheap loan by putting all of your bills in one place. Even if you cannot refinance your home, there is always the possibility of getting a second mortgage and consolidating your bills all into one easy payment. Just remember, that if you do put any credit card bills into this debt consolidation, that it will only pay to do so if the interest amount of your second mortgage is actually lower than your credit card interest. Also, it is in your best interest not to stretch it out as long as possible and you need to be allowed to pay it off early without penalty. A second mortgage loan is usually a little higher in interest than your first mortgage.

Many of these loans are cheap simply because the competition is pretty fierce. In fact, many home owner loans can now be obtained by those who never could have received a loan even just a few years ago. Cheap loans can be gained these days even if your credit ratings are not so good. Be sure to shop around and find your own best loan.

You may freely reprint this article provided the following author’s biography (including the live URL link) remains intact:

About The Author

John Mussi is the founder of UK Bad Credit Loans4u who help homeowners find the best available loans via the http://www.uk-bad-credit-loans4u.com website.