Private Mortgage Servicing Is Not Only for Big Lenders
Individual sellers can secure professional record-keeping, escrow handling, and neutral payment administration for a single loan at a low flat fee.
Escrow
Arthur Dropped 29 Inches: Require Flood Insurance in Private Deals
Inland flooding from Tropical Storm Arthur shows why private real estate sellers must require buyers to maintain active flood insurance.
Flexibility
Flexibility #5: Insurance, Not Rates, Is Killing Closings
A Bond for Deed does not bypass insurance, but structuring the transaction properly frees up the cash buyers need for high first-year premiums.
