In a time when qualifying for a conventional loan is difficult and selling a home can be challenging, many buyers and sellers are discovering OWNER FINANCING as a win-win solution. While owner financing is not a new concept, the current housing market has led both buyers and sellers to find innovative solutions that work in everyone’s best interest. As you know, banks require an above-average credit score, substantial down payment, a strong job history with verifiable income – owner-financing sellers qualify buyers based on their specific judgment.
Investors benefit by being able to sell their property more quickly, deferring capital gains tax and earning interest for year to come. In addition, sellers will receive a higher yield on their investment by receiving their equity over time and by selling for top dollar (no discounted sale price). Buyers benefit because they are able to purchase a home with a smaller down payment, lower closing costs and close in days versus weeks.
What You Will Learn
- • Similarity from past economic troubles
- • Mapping out seller options (PRO’s vs. CON’s)
- • Seven different parties involved in process and their different functions
- • What are the specific steps to follow depending on what type of owner financing is being performed
- • How to market your property (deal) to buyers
- • Pre-closing documents (avoid violating state and federal laws)
- • Closing steps/document checklist
- • After closing – hiring a Loan Servicing Company
Workshop includes:
Step-by-step manual, 2-hours of instruction, forms, addendums, marketing pieces, disclosures and videos (web-based course only)
Workshop Cost: $97.00 – click on the link below to Get Started Today!
I’m very interested in your ‘Owner Financing in Texas’ course. When will it be offered???
David,
I am going to have another workshop in February and I will have it available online after that.
Thanks for your interest.
George
I am an investor in the Houston Area and would like to learn more about Owner Financing, do you do any seminars down here?
Thanks.
Ricardo,
Thanks for your interest. We are doing a lot of “live” trainings. We are launching a complete Owner Financing program called “iMaaps”. This will show investors how to sell real estate using owner financing and how to acquire real estate using “wraps”. I have a Realtor version of this program online right now, but I’m not sure what you are looking for. Check back to the site or call our office and ask to speak to me and I will spend a few minutes finding out specifically what your needs are and see if our program is a good fit.
George Roddy, Jr.
CEO of Roddy.com – You’re Real Estate Profit Advisors”
I am interested in the Owner Financing Workshop. Will the course tell me how to find an RMLO (Registered Mortgage Loan Officer) who is willing to participate in the transaction and satisfy the legal requirements imposed by the state of Texas.
Jearl,
I have a local RMLO and closing attorney that can handle all legal requirements. The closing attorney is in this online course and I will provide you with the RMLO information in the support documents with the online workshop.
George Roddy, Jr.
Founder, Roddy Real Estate Investing Academy
214-593-0074
I would like to take this course as soon as possible.
Thank you.
Steve Eckart
512-260-2274
Steve,
This course is available 24/7 in our home study course. Here is the link: http://roddyownerfinancing-rest.eventbrite.com/
We are going to come out with an update in a month that will be more expensive but offer a few more bells and whistles.
RREIA staff