William J Archambault Jr's Articles in Real Estate

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Expert Author William J Archambault Jr's Articles in Real Estate

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Chicken Little And The Big Bubble As I listened, she explained how upset she was that her employer wrote mostly adjustable rate 100% mortgages and other high loan to value mortgage loans. She was concerned about how the poor buyers were going to be in such trouble when the “sky falls” and the “real estate bubble” burst. Over and over she repeated the media mantra “the sky is falling,” “the sky is falling!” She assured me, rates are going up, payments are going up! I couldn’t argue that rates and payments are not going up, that’s what ARMs do! But, the sky is falling? No way! A Consumers Guide To Lease Options, Part 2 In part 1 of “A Consumers Guide To Lease Options” I did my best to discourage your use of this tool. Lease options are in deed very useful if done right. A Consumer Story About A Working Man’s House High rents, a second story walk-up in a noisy four-plex,and a high traffic project had Ty wanting a home of his own. REALTOR®, after REALTOR® told him he couldn’t afford a home. Turning to his high school friend, my son, a mortgage broker with my office, he asked for help. A Consumers Guide to Buying And Selling With Lease-Options # 1 Lease-options are real estate tools used by the good and the evil among us. Most lease-options are an agreement between good and evil people. We all know far to many real estate people who believe you only get rich by taking the suckers money, most people who attempt to buy on lease options are simply donating money to these sellers. Real Estate Education Should You Spend Your Money There are really three distinct types of real estate education and hundreds of sub-categories. The three types are: real estate investment (as popularized by Carlton Sheets), pre-licensing (mandated by most states), and real-real estate education (traditional education at the college/professional level, it should be mandatory in High Schools). For the same reason a plumbers pipes leak Everyone wants to be rich, but few are willing to do what it takes no matter how simple. Real estate and mortgage salesman seldom buy real estate, for same reason a plumbers pipes leak! Net Offers A Better Real Estate Option Or Sales Agreement Most of my clients have been after “opportunities” buying with their head instead of their hart. You find “opportunities” by recognizing other peoples problems and offering a solution.

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