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Buying Property Homepage
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Why can't there be a lot more decent land contracts to buy properties in USA foreclosed?
Honestly, I think a land contract is a much more righteous way to buy a home anyways. Example... Giving lots of people homes on credit was ok to some degree, but it made the prices of home go way up, and now that many people haven't good enough credit to buy a home, we jut have many vacant houses. These houses are collecting dust and deteriorating with time, with few people to have the option to buy one.Why is it the bank is only fair to people with good credit? Here is a scenario. Lets say I have $2,000 to put down on a simple $30,000 livable home but my credit sucks. It seams to me that $2,000 should be enough to at least get me into something. It shows commitement. Now, Lets say that home normally has payments of $330 for someone who bought with credit, and to rent that home would cost around $500 if rented. So now they set a contract with me to pay $575 mo where $75 of it goes to an escrow account which can only be used to either repair the home, pay it off when the amount exceeds the balance, or you just simply lose it when you walk away from the home. Sounds like a fair deal doesn't it? Furthermore, the interests rate should be exactly the same as a man with good credit, we aren't trying to suffocatethe poor anymore. banks win, people win, economy wins, the house wins, and it is probably a better system than credit in the first place. Credit is not NEARLY as righteous as a contract like this. It will give people more integrity, more stability, and the option to lose it if times are hard. The bank still wins, and can easily put another person in the home because they offer more options to people now, which gives them more customers. I'm tired of people with good credit holding their heads highly in vain thinking they are better than a person who would RATHER do a contract like this even if he had good credit. Why? Because this is secure for everyone. No one loses unless I walk away from the home, then i lose. The worst case scenario of people destroying the house will still be made up for in the long run. The bank might have more paperwork, and have to hire more employees, but those jobs help the economy...I know that there are land contracts out there, but why are there not any FAIR ones? Why is it that people who believe in paying for things with cash the best they can are the ones who suffer when they aren't the once who inflate prices with phony money that hasn't yet been workedfor? If anything, these contracts should be a better deal than credit. Charge THE CREDIT HOLDER A COUPLE GRAND MORE FOR THE HOME...Whats your thoughts?I see each persons point, but whether the bank likes it or not, they ARE realitors, because they have more homes than they have money now. Evolution is a wise choice when it comes to something you tried in the past simply not working for everyone. Things will continually change in order for them to improve, I think my point is, people with good credit got really stuck up about being the most fruiful in society, but back in the days of the Lord, or the days of the Roman empire, or earlier days, I'm sure my system would have been more likely to be the one most commonly used. I think we need to learn to evolve back into a pay for it to have it deal... Credit is meaningless, my father has outstanding credit while working at the post office, i love him, and respect him for being that way, but if the post office collapses or gets privatized and forces him out, he would be singing a similar song to mine, and if not to mine, one that blames everyone and wants to see people die without offe
I was just wondering if you can buy properties in other countries if you are not a citizen of those countries.?
I was just wondering if you can by homes in other countires if your not a citizen of those countries.
Buying Property in England?
I am interested in buying a foreclosed property, in birmingham and or plymouth, what can you tell me about foreclosed property in the England?
Buying Property from Kmart...?
My local Kmart owns a small strip of woods behind their store, that I would like to purchase. So I guess my question is A Is it possible? B Would Kmart have to subdivide? C How much would it cost? D If it is feasible, how would I go about contacting them to ask?Any feedback is appreciated. Tyler
Buying Property in Philippines?
I recently found a land with a house for sale in Batangas which I feel is a good catch. But how is the procedure in transferring ownership buying property, ensuring everything is legitimate & the sale is genuine. Will I need a lawyer to assist in processing the paper work?Thanks in advance
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