by Phyllis Rockower | Apr 2, 2020 | Real Estate News
Owner Financing 101 The following is a post created by Phyllis Rockower in 2016 but is still relevant. Her son, attorney, and real estate investor, William Bronchick, is continuing her blog as per her wishes and continue to educate real estate investors. There are...
by Phyllis Rockower | Sep 8, 2013 | Uncategorized
When you are making an offer to a seller and there is owner financing involved there are several factors to consider that are negotiable and will affect your final payment. First start with- 1. The purchase price 2. the interest rate 3. the cash at close 4. monthly...
by Phyllis Rockower | May 31, 2013 | Economic News
They say that the rules brought on by the Consumer Financial Protection Bureau go too far in insisting that lenders verify borrowers ability to pay. A new government agency called the Consumer Financial Protection Bureau has been created to protect consumers from...
by Phyllis Rockower | May 15, 2013 | Real Estate News
Think its hard to get a loan? You ain’t heard anything.The pendulum has swung so far to the other side- from granting a loan to anyone who breathes, to making it virtually impossible to most people. Forget even trying if you work for yourself. Besides the...
by Phyllis Rockower | Sep 24, 2012 | Economic News, Housing News, Real Estate News
Even though the rules were meant for condo developments, this also applies to individuals looking to buy and sell condos. I have previously told my students not to bother with condos unless it was owner financing or subject because it if you think it is tough to get a...
