Tag: Private Mortgages

September 29, 2010

What Is a Vtb or Vendor Take Back Mortgage?

This generation of first time borrowers are spoiled rotten. Imagine their shock 5 years from now when their ultra low 3.59% fixed rate mortgage is renewed into a more realistic 6% mortgage? When I ...

July 14, 2010

Files of the Broker: What Is a Judicial Sale?

In my last post I wrote about an astute investor who exploited the opportunity of a Judicial Sale when he bought a unique, mixed-use property, for a bargain price of under $100,000. Such ...

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