Mortgage Bankers Association

If you want to sell your property, you're probably looking for someone who might qualify for a bank in connection with the purchase of your home, right?

Of course, you must pay the mortgage … or what do you think?

Suppose you succeed in finding a buyer, the consumption of raw materials threatens to wipe out your capital, or profit from the sale.

National Association of Realtors estimates that the average house sells for about 9% below demand price.

Take the 2% -3% to pay the seller includes the cost of about 3% for the ongoing cost of the loan, taxes, insurance, maintenance and repair of 90-150 days between the offer and end, and you lose least 14% of the value of your home at the cost of selling!

Imagine having to pull an additional 6% for the broker!

And if the average home, you have less than 25% equity in the home begin with, according to the National> Association of Mortgage Bankers.

Coping and you will see that you will walk to the sale of your home with virtually nothing, unless …

For each property for sale, including your own, it leaves a market of "Phantom of buyers."

These are people who want a house like yours to buy, but who can not or will benefit from a bond bank.

Can be employed businessmen, owners of small businesses or residents. Theydo not want to file tax returns, accounts or assets of tone. And yes, there may be other people in this category with a poor credit because of a personal or business downturns.

All have in common is that in most cases do not have enough money and income for monthly payments that are necessary to support the purchase of your home financing.

When your home on terms that meet their needs, with the seller to finance this phantom buyers that you pay 20-30% morethan the fair market value of your home.

Could double or triple your earnings from the sale!

But there's only one way to be able to sell your home with seller financing for a second, without obtaining a new loan to replace yours.

You must use the title at home in a trust structured soil, you can sell with seller financing on one of the buyers ghost.

Remember that you do not need money to pay your band!It would certainly reduce, if not the necessity of a substantial amount of cash at closing off.

The new buyers often pay a substantial down payment, perhaps even the total net worth is at home in order to make payments on the budget, if your actions and resume the payment of your loan.

You can also choose to create a boat, a Mercedes Benz or another asset as a full or partial payment of falling. You are the Bank makesrules!

The contract could be something mutually acceptable by one or two years to 20 years or more.

In addition, you can probably add a point or two, the interest of balance you need, delivered with a carefree, passive income, to the extent that buyers pay the mortgage.

For example, borrowing $ 200,000 at 6%. There is also $ 50,000 of your shares in the buyer still owed. What do you need him for the payments to you at a rate of doing8%. You are now getting 2% of $ 250,000 or $ 5,000 per year, passive income without headaches tyrannize the earth!

The situation is similar to a car financing through the bank. Owner of the car with it as he wishes. The only thing that has no title of the car. Bank, until it is repaid. If the machine increase gestoten in an accident, expect the buyer for the bank to resolve, even if the bank the true "owner" of the car.

The buyer has all the rights and The benefits of home ownership, including tax write off for mortgage interest, property taxes, etc. The only thing he has is the title, as trustee of the trust land.

Bottom line?

You sold your home at market value or above

You have 100% of most of your original shares at the close

You will have a steady passive income for years

You will receive an infusion of money when the new owner will have its own> Mortgages or when you sell the property.

It is not uncommon for you to make a profit two or three times more than would have gone away with a sale to a buyer "normal"

You can get money in advance

You get a positive cash flow each month

You receive a cash prize when you buy the money out

Their shares to rise when the loan is repaid

You can write off depreciation on your tax

All this is no longer a tenant, the bathroom or trashproblems!

If your new buyer fails to take the property, or failure to stop payment, you must set the administrator, and was thrown out without expensive or time consuming need to foreclosure.

You just need to find a buyer "ghost" with a second payment and start over.

The land trust is an entity not widely known by wealthy landowners spent hundreds of years to protect their assets, and offers complete privacy for their property relations.

Oh, almost forgot. Sincenot a "sale" (the title is still in the name of administrator), you pay no taxes on transfers of property taxes go up if the property does not resign, and do not pay income taxes on your gains are not!

Especially important if you sell an investment property.