Contract 4 Cash

A real estate directory app, that deals primarily with owner finance, rent to own , contract for deeds and lease options. nationwide, for sale by owner , owner-finance contacts and note-buyers.
The ultimate tool for the real estate investor or real estate agent.
This app has it all a one stop shop, 10 pages included. With 2-3 more to be added. there is a nation wide listing of owner finance in almost every major city in America.

The companies 7 STAR SOLUTIONS, LLC and TITAN CONTRACT SOLUTION, LLC have joined forces to form 7 Star Titans for the purpose of acquiring, holding and selling properties to our list of clientele. We were also formed to service those people that are falling through the cracks of financing. We supply consultation, liaison and networking services

Owner Financing.!!!!!!!!
WHAT IS A CONTRACT FOR DEED ????
Definition: An installment sales contract is any type of contract that calls for periodic payments, but in real estate, it is generally referred to as a land contract, contract for deed or contract for sale.

The installment sales contract spells out the sales price, amount of down payment, interest rate, amount of monthly (or periodic) payments and the duties of each of the parties. It covers such responsibilities as who will maintain the home, pay for insurance and property taxes -- which is generally the buyer. The contract will include a recourse for the seller in the event the buyer stops making the installment payments.

What is a lease option?
This basically means you are leasing or renting a property with an option to buy it at a future date. The future price of the property should be fixed at the time the lease-option is signed.

Usually there is an up-front payment of some amount to purchase the option. The amount can vary. Sometimes the monthly payment is larger than normal and the excess is used to purchase the option. In some cases, the option money can be applied toward the down payment for the later purchase of the home.

Lease-options are usually done during a slow real estate market. During a hot market, the seller can simply sell the home in the regular manner.

What risks do a lease option hold for the buyer?
Individuals who attempt to buy homes on a lease-option rarely end up buying the home. This often has to do with the reason they try to buy on a lease-option. They usually cannot qualify for a home loan and expect that they will be able to qualify after a period of time. Later, they find they still cannot qualify - whether it is because of poor credit, lack of income (documentable income), or lack of savings to have a large enough down payment.

If this happens, you lose any option money you might have paid up front or as part of your monthly payment.

What benefits do a lease option hold for the buyer?
I'll give you one recent example:

A couple got involved in a lease-option some time ago, just before the real estate market turned. As a result, by the time the option was about to expire the home was worth much more than the option price. They exercised the option to buy and sold the house in a double-escrow,( closing) pocketing a tidy sum. Of course, they could have simply bought the home, but they still could not qualify for the home loan.

It would have been much easier if the lease-option had a clause allowing the couple to "assign" the option to a third party, but most sellers are savvy enough to include a "non-assignable" clause in the lease-option contract.

Owner Finance
•Owner financing can be a very effective way for property sellers to close a deal with buyers who have challenges obtaining a conventional loan toward the purchase of a property. It can also be used as a second mortgage for a buyer who needs additional financing toward the down payment of a home, or as wrap-around financing which refers to new financing that is combined with existing financing.



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