The quintessential lemonade recipe:
2 parts Lemon:
- struggling homeowner can no longer afford their monthly mortgage payment tutu for unforeseen Financial reversals and is facing potential foreclosure and destroyed credit
- although this family of 3 can easily afford monthly mortgage payments with room to spare their arms of ever getting out of an apartment let alone entertaining the idea of home ownership seems bleak in the face of 40 - 50% required down payment for first-time home buyers leaving them to appear the Perpetual renter
+++
1 part Sugar
- a family of three manages to connect with the struggling homeowner they absolutely love the home and the payments are well within your budget and effect lesson they are paying for their apartment nearly half the size of this home since the home is still in preforeclosure and not foreclosure the homeowner has this one last chance 2 escape ruin and since the buyer would not be asking for a new loan they have a golden opportunity shed the burden of the down payment and simply take over
Lemonade!!!!
The homeowner does a quit claim deed, transfer the title of the property to the name the ceremony then the two families sit down together and write up at least with the option to buy the property then the homeowner would draw up a promissory note to fulfill I guarantee deed at the end of the lease was option to purchase. If call payments towards a mortgage had in fact been made and new owners still had an interest in the purchase option he knew would be owners also fill out an Affidavit of Interest in purchasing the property very paper trail Insurance the proper protection of both the buyer and the seller throughout the duration of this transaction meanwhile do you homeowner has legally and ethically deftly evaded impending foreclosure Doom and the new homeowners we're able to actually become homeowners to begin with an opportunity they otherwise may never have had.
Register today and start enjoying the lemonade yourself I would venture to bet it's the best you will have had in recent memory????
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