With the number of home purchase financing options decreasing daily, buying the house of your dreams is becoming even more difficult. In years past, a buyer could finance the purchase of a home with several programs offering low down payment options. Today with loan underwriting guidelines becoming more stringent, most conventional home loan programs require [...]
Most buy here pay here auto sales dealerships are for used cars. This is normally the best choice for financing if your credit history is marred by bankruptcy, repossession, or poor credit scores in general. New cars lose 20-25% of their worth as soon as you leave the dealership. That’s because car buyers pay retail, [...]
May 27, 2010 Down Payment Assistance Programs (DPA’s) for First Time Home Buyers By: Michael A. Foote, CMBThere is money available for first time homebuyers today. In a much needed addition to financing products available today, down payment assistance programs are available once again. Down Payment Assistance Programs are generally a local, state or federal [...]
Franchise Finance in Canada calls for both you as the owner, as well a lender, to, on a combined basis, complete the financing you need for a franchise acquisition. In Canada you could of course be acquiring a new turn key franchise from a U.S. or Canadian franchisor, or in many cases also considering the [...]
In today’s real estate market, I have seen many mistakes that are being made when it comes to buying property. Whether it is borrowers buying houses they really can not afford or just plain choosing the wrong mortgage, or a combination of both. Here are some very simple steps that all home shoppers can use.- [...]
One of the biggest reasons why small companies can’t get business financing is that they lack the collateral that most financial institutions demand. This puts business owners in a very challenging position because they need the financing to grow – but they can obtain it. Most business owners think that a business loan (or line [...]