Protect Yourself with Power of Attorney

Power of Attorney, Powerful Tool For Real Estate Investors

The Power of Attorney is a wonderful document, and especially useful in creative real estate transactions.  The owner of the piece of property (the grantor) appoints you (the grantee) his attorney (the person who can do things regarding the property).  The Power of Attorney can be revocable or irrevocable, general or specific for a fixed period of time, or without that limitation. In other words, the Power of Attorney is a very flexible document.
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Plan B $$$

Podcast Episode 48:
Plan B.

Money and financing are essential parts of any real estate transaction. Always make sure to have a backup in order to make sure that you can still close a deal… just in case your first choice for financing dissolves!

Download the audio file HERE and the text/handout HERE.
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Mortgage Madness

Podcast Episode 47:
Lender Lessons.

Let’s look at five different aspects of ensuring financial success for your real estate business. Banks like things plain and simple. You need to deal with conditions on a mortgage and names on the title before you can close. Make triple sure you are unconditional before removing ‘subject to’ from your contract. You also need to make sure to disclose to your lender any ‘creative’ approaches to investing.

Download the audio file HERE and the text/handout HERE.
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Financing Facts

Podcast Episode 46:
Current Realities.

Lending policy changes, as does the interpretation of existing rules and regulations. Make sure you stay on top of the current situation with your lender, the government, and market conditions.

Download the audio file HERE and the text/handout HERE.
(control click or right click + save as). Continue reading