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Purchase
Money Mortgage. The
mortgage given by the buyer to the seller as partial payment
of the purchase of real estate..
For
instance, John is interested in purchasing a property from
Leann at the cost of $50,000. Leann is allowing John to
assume the balance of her mortgage in the amount of
$30,000. John secures a purchase money mortgage in the
amount of $15,000 and pays the additional $5,000 in
cash.
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Want
to Find Your Dream Acreage? Finding
your ten acres away from everyone else is a universal
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you could easily get ripped off if you do not now what
you are doing. The
Rogue Real Estate Investor includes a special section on
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Collection also includes email support by the author so
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to make wise investing decisions. Here is a small
sample of what this comprehensive product includes:
-
VA/HUD/FHA
and Bank Foreclosures and websites
-
How
to make money buying foreclosures
-
Selling
Your Home Without An Agent
-
Proven
real estate contracts and leases
-
Tax
liens
-
REITs
-
Rental
Property Management
Click here to
find out more about Rogue
Real Estate Investor. |
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