Robert’s Mind, Real Estate, etc.

This beautiful 4 bedroom 2 bath home with full basement is almost ready for it’s new owner. This home is situated on a corner lot in the Raytown, MO school district, has easy highway access and is close to everything. Home is priced to sell and is below market value. This cozy home has been completely rehabbed inside and out. There is nothing stopping you from owning this home as the owner will finance. Don’t wait, or you’ll miss it. Check out this link for more information and photos.

Is owner financing a viable option for home ownership? I believe the answer to that question is Yes.

When my wife and I were just starting out and trying to purchase our first home, we found it to be very difficult. You see, I was self-employed and always had been. At that time we were not able to find a lender to work with us. But that is what we wanted. We did not want to rent. We Wanted to Own our home.

We were able to find someone to help us and the first home that we bought was on a non-qualifing assumable loan. (These are not available anymore or if there are any left they are very rare) We were so excited and grateful for that opportunity. That was the beginning we were no longer renters, we became homeowners!

I share this, so that you will know that we have been there, we understand what it’s like to want to be an owner and everyone you talk to tells you NO! Of course they are always sorry. We also understand the need for creative finance. In today’s economy it is even more important than ever. In order to qualify for a home loan today, you will need a large down payment, excellent job history and excellent credit.

Our business Property Solutions, LLC was founded to help people to become homeowners and live the American Dream. That is where our hearts are. We’ve been there, we know.

In the beginning we used to do owner financing, or contract for deed, with a set time to re-finance, usually 12-24 months. That worked out very good, when a person moved in they were actually the owners. The problem with that in our opinion, if we really wanted to help people, was that very little was applied to the principle. The loan wasn’t getting paid down very quickly. This is OK when you are in a 30 year fixed loan because after several years you will start paying substantial principle with every payment.

This is when we looked into the lease w/ option. The lease option is simply two agreements, a standard lease agreement and a purchase option agreement. This has so much more flexability than a contract for deed. We have really designed ours with the best of both worlds. When a person gets started with our lease option program, they really become a homeowner in practice.

We allow people to come into the program with very minimal option deposit rather than 3-10% down. Rather than being completely responsible for major problems, we take responsibility for that. The other nice thing is that the option requires us to sell, but you are not required to purchase. And the best thing is the amount being put to the purchase option every month. We generally apply $100.00 per month toward the option every month. This is very sizeable compared to $10.00 to $30.00 per month.

We have been able to help many people become homeowners with our owner finance and lease option programs. We also look forward to helping you in becoming a homeowner or answer any questions that you may have.

Thanks,

Robert Frank
Property Solutions, LLC

I just wanted to share this scripture that I picked up from my reading yesterday. I have been meditating on this. This is good, and will give you something to chew on for a while.

1 Samuel 12:20-25

And Samuel said unto the people, Fear not: ye have done all this wickedness: yet turn not aside from following the Lord, but serve the Lord with all your heart; And turn ye not aside: for then should ye go after vain things, which cannot profit nor deliver; for they are vain. For the Lord will not forsake his people for his great name’s sake: because it hath pleased the Lord to make you his people. Moreover as for me, God forbid that I should sin against the Lord in ceasing to pray for you: but I will teach you the good and the right way: Only fear the Lord, and serve him in truth with all your heart: for consider how great things he hath done for you. But if ye shall still do wickedly, ye shall be consumed, both ye and your king.

Have a Great Day!

Robert Frank
Property Solutions, LLC