7 Answers
Creativity in business, including real estate, usually means financing. Creative financing has been scrutinized by the Federal Govt, and they have put some serious blocks in front of financing methods, such as guidelines for lenders, and the inability to finance a higher amount than is actually agreed upon. The xact problem that brought the Savings and Loans down. Strangely enough, more than likely, the same people, although perhaps indirectly, became the investors that purchased the Resolution Trusts inventory. Presumptively, that is probably the same thing that happened in the industry recently, which caused the Govt. to bail out the secondary mtg banks.. But our american freedom will always allow us to transact among each other. Therefore one can say, most creativity is in seller financing.
12 years ago. Rating: 1 | |