by Hancock, McGill & Bleau | Apr 14, 2020 | Buying Real Estate, Financing, Real Estate, Selling Real Estate
COVID-19 is rapidly turning our real estate world on its ear. We have had several clients who have had buyers who lost their loans at the last minute and are inquiring about closing using wrap-around financing. Virtually all residential and commercial mortgages...
by Hancock, McGill & Bleau | Feb 24, 2020 | Financing, Selling Real Estate
Financing for residential purchases including seller financing and unlicensed third-party lenders has been substantially affected by the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly called the “Dodd-Frank Act”. Click here for a discussion of the...
by Hancock, McGill & Bleau | Feb 24, 2020 | Financing, Real Estate, Selling Real Estate
Financing for residential purchases including seller financing and unlicensed third-party lenders has been substantially affected by the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly called the “Dodd-Frank Act” which was passed in 2010 and...
by Hancock, McGill & Bleau | Sep 3, 2016 | Buying Real Estate, Financing, Real Estate, Selling Real Estate
As loan qualification requirements become harder to meet, more buyers are looking at owner financing as a source of funds to purchase real estate. This article focuses on transactions in which a seller of real estate is asked to carry a purchase money loan secured by...
