Creative Finance in Utah

WHAT IF YOU COULD Sell A HOUSE.....

• At MORE than Market Value

• And receive compounded interest on it

• Without paying any seller closing costs

• Without paying buyer closing costs

• While reducing tax liability

• While helping others and mitigating risk

WHAT IF YOU COULD BUY A HOUSE.....

• With little to nothing down

• Without using your own credit

• At interest rates 3-5% below current rates

• Saving thousands on closing costs and fees

• Without traditional provable income

• With less than stellar credit

Creative Finance Benefits to Buyers

It is important to note that creative finance contains many benefits not found in traditional finance. In times when the market rates have significantly increased as they have today, a buyer can secure a much lower interest rate by taking over the seller's payments. This means either a faster payoff, lower monthly payment or larger cash flow than if they purchased under the prevailing higher rates. Additionally, stop and think about some of the challenges people face when purchasing a home and the Buyer Benefits are apparent:

• Little to NO down payment

• Credit challenges less likely to prevent financing

  • Little or no credit history can be approved with a good down payment or if the seller is in a difficult situation where the risk is lower than the risk of their status quo

  • Poor Credit

    • Recent Foreclosure - Forclosures typically prevent someone from obtaining conventional financing for 7 years. This is true even if the forclosure was due to something beyond their control, such as an accident, illness, layoff or divorce. An owner may consider these factors more favorably.

  • Income Difficult to Prove

    • As long as the buyers can prove income, most sellers are flexible how it is earned, whether it is a cash paying jo or a business has written off many expenses to show little net income despite an abundance of cash flow.

  • ITIN (no SSN) - Provided the other terms make sense, many sellers will sell to people still in the proces of working on citizenship or who only have an ITIN instead of a SSN.