One more tool to increase your sales and niche in 2009

Realtors® and mortgage brokers/loan officers realize huge profits by helping to sell homes from motivated sellers to problem credit buyers that have been turned down by banks. now you can get your turned down clients financed with our No Credit Check program.

Rehabbers , Builders, homeowners, and investors can offer their buyers an easy financing program - without competition.

There is no credit check and only a simple income verification. Bankruptcies and foreclosures OK! Tax liens and judgments OK! Bad Credit OK! Easy Income Verification - No red tape! Affordable rate*.

Imagine selling homes to buyers that are turned down by all other lending sources. You'll have a truly captive market.

Our advanced method allow us to buy homes from motivated sellers at a 50% - 25% discount and immediately resell at full appraised value to problem credit buyers.

Advertising "No Credit Check" "No closing cost" "Owner finance" etc, attracts buyers faster than anything else. This is irresistible because we can also assist with the buyer's closing costs and down payments
.

Here some more advertising examples:

USE OUR CREDIT
To buy your Dream Home
3% down/ No Credit Check
Free 24/7 Info Hotline

No CREDIT CHECK!
No down, bad to horrible credit OK!
3bd, 1.5bth, 2car garage, desirable

HOMES FOR SALE
100% Financing- No Credit Check
Bad to Horrible Credit OK!
Free 24/7 Info Hotline

House For Sale
No Credit Check
Up to 100% Financing
Free 24/7 Info Hotline

Most of the time, you will locate the buyers first and then target specific FSBOs and "Expires" "builder closeout" as well as older MLS listings. You will make offers to buy having an already approved end-buyer to sell to.

Alternatively, you locate homes from motivated sellers that fit our requirements and make a discount offer. Once an offer is made and accepted, you market to buyers using our No Credit Check Program.

We only work with homes in move-in condition (uncompleted rehab projects do not qualify for our program).

A Credit Partner with great credit will buy the home and resell it to the applicant/buyer/resident in a lease-purchase transaction. When this agreement terminates the buyer can refinance and take title to the property.

Make $5,000 to $50,000 or more per deal helping sellers and buyers. We can close transactions others can't. This group of buyers has been declined by traditional lending sources and is virtually an untapped market.
With our access to unlimited private funds and financial resources, you can now make "all cash" offers for homes at 75%-55% of market value. Working with us keeps you in total control of all transactions.

The American Dream

The American dream is to own a home. Not being able to get financing approval for a home purchase creates an even stronger urge.

Our Credit Partners can provide up to 80% - 90% financing, even when buyers have been turned down everywhere else before.

A zero down option with 100% financing may also be available for your buyers.

Problem credit buyers accept that they have to choose from a more limited number of properties. With our program it's not the curb appeal but the guaranteed approval financing that sells.

No Credit Check financing sells
Millions of homes are sold every year nationwide. Surprisingly, the majority of Americans can't qualify for a home loan due to credit problems, lack of cash for a down payment, no closing costs or too short of an employment history.

Banks presently provide 90% financing only to buyers with higher credit scores (probably 680+ for stated income) and many insurmountable conditions for problem credit buyers.

Imagine being able to offer 90% (up to 100%) financing with reasonable rates to your buyers even with 400-500 scores using our exclusive funding resources.

How to profit

Using the exclusive Program you are empowered to realize huge profits in transactions only you can close.

Our profit is the difference between the buying and reselling price.

Example:
Assumptions - buyer pays 20% down But No Closing costs.
With a seller discount of 30%, 22% for the Credit Partner and your net will be 3%.

Case secnario
Value $300,000
Discount 30%
Credit partner sign a contract for $300,000
Credit partner gets a loan of 80% LTV = $240,000
End buyer only pay 20% but No closing cost ($60,000)
At the closing we have the 30% = $90,000
5%= $15,000 for closing cost
22% credit partner and the investors.
3%=$9,000 for YOU

A "zero percent" option (where the applicant only contributes a security deposit) may also be available on a case by case basis (restrictions and different conditions apply).

Step-by-step program overview.

1. We make an offer to a "motivated seller" at a 50-25% discount (depending on end-buyer contributions).
2. The offer stipulates that we will have to produce a buyer (here Credit Partner) within 20 business days (not tying the property up like the typical 6 months Realtor® listing agreement).
3. The offer discloses everything in an addendum which has provisions for the seller and buyer (here Credit Partner) to contract directly.
4. When our offer is accepted, we advertise for end-buyers and get them approved for the No Credit Check Program which designates a Credit Partner who buys the property for the benefit of the end-buyer.
5. We may offer to pay the buyers' (here Credit Partner on behalf of the end-buyer) closing costs out of the discount we obtain if the end-buyer doesn't have enough cash. and we have a larger spread then 25%

6. The Credit Partner as buyer then makes an offer to the seller at full appraised value.
7. Since the seller is at that time already under contract with us, s/he needs your release in order to accept the new offer.
8. We provide a release, against promise of payment, for the difference between the purchase price the seller accepted and the full appraised value (offer by Credit Partner as buyer), payable at closing.
9. A clean contract between seller and Credit Partner as buyer, along with the pay order, is sent to the escrow agent along with the end-buyer's initial deposit/earnest money.
10. Title passes directly between seller and Credit Partner as buyer, avoiding any lender seasoning issues.
11. Credit Partner sells the property to the end-buyer in a lease-purchase transaction.

For more Information please check my profile at http://activerain.com/yossi5761
E-mail yossi5761@gmail.com Phone (718)344-2908
Issac