Posted by Equity Hunter on March 11, 2006 at 20:39:23:
I think most of these newer seconds have some kind of mtg inurance protecting them. How else can they loan 125% of market value CLTV?
And now that we are ALL entering a buyers market because of maxed out prices and interest rates climbing, I like selling with owner financing. Let em get a new 80% first and sell to the one with the biggest down for full retail.
I don’t call anyone now, but when I did, I wasn’t afraid of the do not call list because I am “buying”, not selling them anything. I don’t think that’s a problem. And even if it technically is… they have more problems to worry about than turning in a solicitor. Never had a problem with literally hundreds of calls by myself and my staff.
Thanks for your input.