The Hidden Bank
Look around you at your possessions. What are they worth to you? Isn’t the value of your possessions equal to what someone else is willing to pay for your things. Well, that includes your home. Your home has an intrinsic "equity "value. This value is based upon your home's current real estate less what you owe! "NET EQUITY"
But, when you are selling your home, keep in mind that many buyers don't have 10-20% of your home's value in "Cash" to put down on your house. Even Banks are accepting 5% down but the rest of the fees but the prequalification process is somewhat overwhelming. And, in the end, the bank may find a reason not to lend.
How do you help a Buyer come up with the down payment that would satisfy your economic needs?
First, can they afford the price that you have set for the property? In many cases the answer is yes, if you cooperate.
Therefore, what limits the possibility of the sale are YOUR economic needs. This is where The Hidden Bank can help you, because you own that bank. That bank is the your "Net equity value" of your home.
This doesn't mean that you should accept any buyer. There are due diligence steps we will show you, but the answer may : i.e allow the buyer to borrow the down payment from your equity. Charge them interest!
Or you may allow them to accumulate a down payment over time using rental credit.
Allowing borrowing of a down payment from your net equity or giving rent credit are both examples of the Hidden Bank which you own. In either case, you receive extra "Income" from the deal. HOW??
Contact us and ask for our pamphlet on the "Hidden Bank" which always has cash to lend.