Tag Archives: financing
Sell Your House Quickly Using Seller Financing
The sad fact of the matter today is that the vast majority of real estate listings expire, and many houses go unsold. One of the key reasons for this is that there are many great houses on the market, yet not so many good buyers for them. The market for house sellers is very competitive. And anything that you can you can do to make your house more unique than your competitors will help you.
One way to make your house more unique is to offer seller financing. When you offer your house using this kind of financing your house tends to stand out from the crowd, much more than if you dont. In addition, by offering seller financing the number of potential buyers for your house goes way up. Thus, allowing you to sell your property much faster.
Also, today many sellers, in an effort to sell their property, are forced to reduce their selling price substantially. However, by offering seller financing you can usually get your asking price or very close to it. Prospective buyers of your property will pay more for premium seller financing for a variety of reasons.
One reason is that they will have less closing costs. With a traditional lender they would have to pay all of the associated points, lenders fees, and a lot of other lenders nonsense fees. But with seller financing the closing on the loan can take place in matter of days, without all the lenders reviews, committees, red tape, hassles, and paperwork.
And since you are in actuality loaning the buyers the money to purchase your house, they will be making their payments directly to you on the private note you created by using seller financing. And, if you ever tire of collecting those payments or you ever need money for an emergency or other reason. Then you can always sell that note or part of that note for a lump sum cash payment.
Indeed, to sell your house quickly in todays competitive buyers market you must have a competitive edge. There are just far too many great houses out there, and not as many good prospective buyers. Yet by offering your house with seller financing this will give you just the competitive edge that you need to sell your house quickly.
Berwyn J. Kemp is a consultant, for more information on selling your house read his special report titled How To Sell Your House Fast at: www.bkemp100.tripod.com, NOW!
Energy Project Financing
Even with the energy sector being the Golden Child of Wall Street, energy project financing has been elusive. There are presently over a trillion dollars in energy project financing requests laying dormant all throughout the United States. Its estimated though, that the number of energy projects needing funding presently in the U.S. alone borders on the quadrillion mark. So why does energy project financing get such little attention? Simply stated, it is because funding each energy project means a lot of risky zeros for the funder.
Think about it. If you funded commercial loans and you had a choice between a $2 million loan on a mall with lots of equity, or a $500 million energy project that has habitually exhausted its equity for years, which loan would you make in a questionable market? Exactly; the energy project financing request will be treated as a redheaded step childunless you deal with financial experts who specialize in the energy project funding arena. The energy sector has long behaved as if it would never run out of credit, funds, or customers. As such, in todays pinch market, energy project financing has taken a back seat to “safe bets.”
The difference between a big banker at “Big Banks Are Us” and an energy project specialist is the specialist isnt concerned about the risk of approving an energy project funding. A knowledgeable project financing specialist mitigates such risks with their expertise. The specialist knows specifically where to look in an energy project for gaffs, gaps, and misappropriation of funding requests. They know in fact, MORE energy projects must progress in order to keep up with the market demands. They know a winning proposal when they see one, and they also know when a project is being underfunded. Even a highly trained bank executive simply cannot be a specialist in all aspects of their funding requests. While the word billion has begun to lose its shock value in the world of energy project financing, its critical to conduct your business with a specialist who hasnt lost their edge in the energy project sector.
Because of expansions of natural gas, nuclear power, shale, solar power, electricity, crude oil, steam-power, and coal, the need for energy project financing has grown into one of the most demanded, yet underfunded industries worldwide. In many parts of the world, medical research receives three times as much funding as energy financing request even though the world of modern medicine is largely at the mercy of energy.
Our modern society consumes massive amounts of fuel and energy. Even third world countries would be debilitated without the sporadic energy resources they access at present. Developed countries around the world have essentially built their infrastructures around the use of energy. And how could they possibly avoid it? Unfortunately, going to traditional sources for energy project funding has proven to be a daunting task. Even though the Obama administration and a Democrat-controlled Congress have passed stimulus bills with massive amounts of funding for new, alternative energy sources, very little of this money is being thrown at the development and continuation of existing energy resources which we are already dependent upon. The answer to this dilemma is alternative energy project financing options which take into consideration future profits of a tangible energy asset which produces income rather than a debt. Sounds enticing, right? A true energy project financing specialist will know exactly how to accomplish this task. So do yourself a favor. Engage an energy project funding specialist for your successful financing.