The Cash Flow Clarion

Owner financing is becoming increasingly popular as an alternative to traditional bank lending solutions. Currently, it is estimated that approximately 20%, or one in five, of all real estate transactions in the US involve owner financing. Because the requirements for an owner financed loan are somewhat less rigid than those necessary for a bank loan, more buyers are able to qualify for an owner financed loan. Closing costs are much lower and closing can take place much more quickly because there is no need to wait for bank approval. Usually, there is more flexibility in negotiating the terms of the sale and home sellers are typically able to achieve full market value for their homes.

Owner financing, also called seller financing or creative financing, results in a privately held mortgage or trust deed being created. This mortgage or trust deed provides the home seller with a solid investment secured by real property. Typically, this mortgage or trust deed provides a monthly payment at an attractive interest rate. There may also be tax benefits as capital gains can be extended over a longer period of time. In addition, the mortgage or trust deed is a liquid asset which can be sold for cash, potentially allowing the home seller to receive all cash at closing and still allowing the home buyer to extend payment over a longer term.

Owner financing can successfully be used to sell single family homes, multi-family homes, commercial properties, mobile homes, land and businesses. Often, properties which do not qualify for more traditional lending situations can be sold when owner financing is offered.

First Class Cash Flow Handlers buys and sells privately held mortgages, trust deeds, and other cash flow notes. If you are selling a home, you need to know How To Sell Your Home Fast In Good Or Bad Markets. For more information, visit us at our home page or call us at 401-258-7158.

Selling Your Lottery Winnings

Why would you want to sell your lottery winnings? Selling your lottery winnings allows you to receive your cash now instead of waiting each year to receive a portion of your winnings. By selling your lottery winnings to receive a lump sum of cash, you can take advantage of winnings now, instead of a little at a time.

As you already know, money is your pocket today is always worth more than money which is promised to you many years in the future. Its the same principle that allowed you go to a movie thirty years ago for $2 when you pay over $10 for the same thing today. Today's dollars simply buy more than tomorrow's dollars.

What can you do with the cash lump sum that you receive from your lottery payments? Anything you want! You can take your dream vacation, buy a new home, pay off bills, send your kids to college, invest the cash in a higher yield venture, open your own business. You decide; it's your money to spend as you will.

Who is allowed to sell lottery winnings? Essentially, when you "sell" your lottery winnings, you are actually assigning the payments to a third party in exchange for a lump sum of cash paid immediately. Many states allow for the voluntary assignment of your lottery prize. And under certain circumstances, lottery payments can be assigned in the states that don't have such procedures. Contact us for more specific information about your lottery payments.

Do you have to sell all of your winnings? No, you can sell a specified number of payments and keep the rest, or you can sell a percentage of each payment for immediate cash and still receive the remainder of each payment.

If you won the lottery as part of a group, you are still allowed to sell your individual winnings. First Class Cash Flow Handlers will always keep sales and other communications with you totally confidential. Please call us at (401)-258-7158 or contact us for more information.


The Cash Flow Clarion
February 26, 2006
Sell Your Home Quickly At Top Dollar Owner financing is becoming increasingly popular as an alternative to traditional bank lending solutions. Currently, it is estimated that approximately 20%, or one in five, of all real estate transactions in the US involve owner financing. Because the requirements for an owner financed loan are somewhat less rigid than those necessary for a bank loan, more buyers are able to qualify for an owner financed loan. Closing costs are much lower and closing can take place much more quickly because there is no need to wait for bank approval. Usually, there is more flexibility in negotiating the terms of the sale and home sellers are typically able to achieve full market value for their homes. Owner financing, also called seller financing or creative financing, results in a privately held mortgage or trust deed being created. This mortgage or trust deed provides the home seller with a solid investment secured by real property. Typically, this mortgage or trust deed provides a monthly payment at an attractive interest rate. There may also be tax benefits as capital gains can be extended over a longer period of time. In addition, the mortgage or trust deed is a liquid asset which can be sold for cash, potentially allowing the home seller to receive all cash at closing and still allowing the home buyer to extend payment over a longer term. Owner financing can successfully be used to sell single family homes, multi-family homes, commercial properties, mobile homes, land and businesses. Often, properties which do not qualify for more traditional lending situations can be sold when owner financing is offered. First Class Cash Flow Handlers buys and sells privately held mortgages, trust deeds, and other cash flow notes. If you are selling a home, you need to know How To Sell Your Home Fast In Good Or Bad Markets. For more information, visit us at our home page or call us at 401-258-7158. Selling Your Lottery Winnings Why would you want to sell your lottery winnings? Selling your lottery winnings allows you to receive your cash now instead of waiting each year to receive a portion of your winnings. By selling your lottery winnings to receive a lump sum of cash, you can take advantage of winnings now, instead of a little at a time. As you already know, money is your pocket today is always worth more than money which is promised to you many years in the future. Its the same principle that allowed you go to a movie thirty years ago for $2 when you pay over $10 for the same thing today. Today's dollars simply buy more than tomorrow's dollars. What can you do with the cash lump sum that you receive from your lottery payments? Anything you want! You can take your dream vacation, buy a new home, pay off bills, send your kids to college, invest the cash in a higher yield venture, open your own business. You decide; it's your money to spend as you will. Who is allowed to sell lottery winnings? Essentially, when you "sell" your lottery winnings, you are actually assigning the payments to a third party in exchange for a lump sum of cash paid immediately. Many states allow for the voluntary assignment of your lottery prize. And under certain circumstances, lottery payments can be assigned in the states that don't have such procedures. Contact us for more specific information about your lottery payments. Do you have to sell all of your winnings? No, you can sell a specified number of payments and keep the rest, or you can sell a percentage of each payment for immediate cash and still receive the remainder of each payment. If you won the lottery as part of a group, you are still allowed to sell your individual winnings. First Class Cash Flow Handlers will always keep sales and other communications with you totally confidential. Please call us at (401)-258-7158 or contact us for more information.	In This Issue: Sell Your Home Quickly At Top Dollar Selling Your Lottery Winnings Important Links: The Cash Flow Clarion Home First Class Cash Flow Handlers- Home page for First Class Cash Flow Handlers Note Submission Page- Submit your cash flow note on this page if you would like to sell your note FAQ's Page- Questions relating to First Class Cash Flow products and services Note Holders Page- Information and answers to questions frequently asked by note holders Realtors Page- Information for realtors explaining how owner financing can increase sales and commissions Real Estate Professionals Page- Dedicated to attorneys, CPA's, financial consultants, mortgage brokers, and any other professional whose clientele hold cash flow notes Products Offered- Information about specialized products such as "How To Sell Your Home Fast In Good Or Bad Markets" training course, the "Note Holders Manual", the "Cash For Paper" audio course, and the "Update On Real Estate Newsletter" In Next Issue: Mobile Home Notes Pre-Settlement Funding Contact Information: First Class Cash Flow Handlers www.firstclasscashflow.com loriehuston@firstclasscashflow.com (401)-258-7158