Loveland Real Estate Resources

We just had a researcher submit some very basic information about a house for sale in Loveland to us and I wanted to share that with you. From time to time, I'd like to take a property submitted to us by our users that is for sale and show you how changes in one (or more factors) can affect various aspects of your investing. This particular property submitted for Loveland, Colorado Real Estate Resources is located at 525 W 38th St, Loveland, CO 80538.

In this particular example, let's take a look at what happens to the value of the property over a number of years from appreciation.

As you can see from the table above, if we assume an appreciation rate of 6.4% per year, then the property value eventually reaches $245,465 after 10 years.

By the way, did you hear about the new loan restrictions from Fannie Mae and Freddie Mac? The days of obtaining ten investor loans are now over. In addition to stricter requirements, investors can now get only four loans in their name. If you are an active investor, or are planning on becoming one, it's critical that you develop alternate sources for funding your deals in Loveland. Consider hiring a private money coordinator to grease the wheels of your investing in the months and years to come.

Keep on investing Loveland,

James

You will need to find a great local insurance agent that understands what you are doing when you are buying houses "subject to" to the existing financing to make sure that property is properly insured.

An Insurance Agent is a key member of your Real Estate Investing Dream Team whether you are buying traditionally or buying "subject to", but since the loan remains in the seller's name, it is important to make sure that your insurance agent writes the correct policy to make sure that you are insured properly.

Remember that insurance premiums can vary widely from company to company for very similar coverage amounts. Be sure to get competitive quotes and to get the quotes BEFORE you buy the property. It is best to know your insurance expenses before you commit to buy a property.

Until my next post,

James

Once you buy a house "subject to" the existing financing, you'd like to be able to sell or occupy the property quickly and with a huge marketing advantage right? Well, being able to offer the property on a "Rent To Own" can give you that marketing advantage and get your property sold or occupied very quickly--especially in our current credit markets.

By offering creative financing options like a "rent to own" to folks with less than perfect credit, but with enough income to afford the property you offer something that only a small percentage of sellers are offering in your market.

Provided you can collect a large deposit toward the purchase and make sure that the

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In my last few articles, I discussed how buying a house subject to the existing financing is similar yet different from leasing a house with an option to buy. I talked about how one is not necessarily better than another, but that each has its advantages and disadvantages depending on what you are trying to accomplish.

Now, I will share with you a strategy for making an offer to buy a house subject to the existing financing where the similarities between "subject to" and "lease options" are used to make a stronger, more understandable offer to a seller.

First, you might suggest in a trail close something like this:

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We just had a researcher submit some very basic information about a house for sale in Loveland to us and I wanted to share that with you. From time to time, I'd like to take a property submitted to us by our users that is for sale and show you how changes in one (or more factors) can affect various aspects of your investing. This particular property submitted for Loveland, Colorado Real Estate Resources is located at 1016 Juliana Dr, Loveland, CO 80537.

In this particular example, let's take a look at what happens to the value of the property over a number of years from appreciation.

As you can see from the table above, if we assume an appreciation rate of 5.6% per year, then the property value eventually reaches $205,204 after 10 years.

While most of the time when you enter into a contract to buy a property in Loveland, you will not run into any trouble with the seller doing something that would affect your ability to close, there is a small chance they would do something that could prevent you from buying the house. Sometimes filing a simple affidavit could prevent these problems. For more information, see How To File An Affidavit And Memorandum of Agreement.

Until next time,

James

Here's another Fort Collins property that was submitted by a user that we will use as a teaching tool for our Loveland, Colorado Real Estate Resources real estate investors. The property address, in case you want to look into it in more detail is: 2231 Karakul Dr, Fort Collins, CO 80526.

This 2/1.80 1,318 square foot property has an asking price of $155,000, but let's take a moment to do some calculations to see what our actual cost per bedroom would be based on various offer prices (both above asking price and below asking price).

As you can see from the table above, if you know that rents in Fort Collins can support a certain price per bedroom, you can use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.

Do you have potentially motivated sellers who have contacted you about their house in Loveland? Do you know what you will say to them, and more importantly, what you need to say to them in order to discover those really great deals? Listen in on Jassen and Sasha to learn how to build rapport with the seller, how to phrase potentially sensitive questions, and many other critical aspects of talking to motivated sellers on the Audio CD: How to Talk To Motivated Sellers: Role Playing Volume #2.

Sincerely,

James

The title of this article: "What's Better: Lease Options Or Subject To" is misleading because each one has its pros and cons. Neither using a lease with an option to buy or getting ownership and paying on an existing mortgage is always better or worse than the other. In fact, there are times when you'd be better off using one and times when it is to your advantage to use another.

In two previous articles, I discuss how "subject to" is similar to "lease options" and how they differ. In this article I will share an example of when it might be better to use one over another. Of course, there are other examples that you might discover based on your unique transaction, real estate market or personal situation, but here are two examples.

Here's the first example: if you are uncertain about whether a real estate market is going up or down do you want to commit to owning a property? In times when the market has a strong chance of going down, it might be a an advantage to

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In my last article, I shared with you how lease options and buying a property "subject to" were similar. While the mechanics of how they are implemented is very different, both offer you the ability to control a property--without getting a new loan--and, if you market and structure it correctly, can allow you to profit both on an up front deposit, on-going monthly cash flow and a large back end pay day when you sell the property.

So, what is different between using a lease with an option to buy and buying a property "subject to" the existing financing?

First, when buying a house "subject to" you are actually getting the deed to the house which will make you the owner of the house. This may give you

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