Why Do Loans Cost So Much?

Recently, a fellow called me looking for a small, private-money loan of $14,000 to fund some home renovations. He had a credit score of 840, which is about as close to perfect as you’re likely to find. He had no outstanding debt to speak of, having just paid off his car loan a year after … Read more


How to Make Sure Your Offer Gets Chosen Above the Rest

Last week, I shared information about how to be the buyer whose offer is accepted. While I cannot provide a fail-safe way to guarantee your offer will be chosen, I can certainly give you good advice that will put your offer near the top of the list: get pre-approved for a loan. Remember, property owners … Read more


All Kinds of Loans – Part III

This is the third in a series describing the various types of real estate loans. Whether you have excellent credit or no credit, whether you’ve saved for a down payment or you can’t rub two nickels together, there’s a loan for you. Seller Carry Backs – For seller carry backs, the seller agrees to provide … Read more