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    How to Buy Cheap Houses in Rich Neighborhoods: With No Payments Ever
    How to Buy Cheap Houses in Rich Neighborhoods: With No Payments Ever
    How to Buy Cheap Houses in Rich Neighborhoods: With No Payments Ever
    Ebook48 pages40 minutes

    How to Buy Cheap Houses in Rich Neighborhoods: With No Payments Ever

    By Guy V Godboldo

    ()

    Read preview

    About this ebook

    Why buy cheap houses now.
    Where to find your home for cheap.
    flipping deals, clean your credit score fast
    How to negotiate your home. Get a VA homes for none military person O Down
    . Secret on buying with o down
    How to have no monthly payments ever! What about rentals and income?
    Secret on buying with o down
    LanguageEnglish
    PublisherBookBaby
    Release dateJun 3, 2013
    ISBN9781483500744
    How to Buy Cheap Houses in Rich Neighborhoods: With No Payments Ever

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      Book preview

      How to Buy Cheap Houses in Rich Neighborhoods - Guy V Godboldo

      Chapter 1

      Why Buy Cheap Houses Now!

      What better time to get deals, while prices are at all time low as well as the interest rate. Now hovering around the 4% range means you can buy more house for lower cost, with that combination. With below market foreclosures and low interest, here is a good example: before in the past, homes in a nice area of town or city were about $100, 000. 6 years ago @ 7.5 % which was then a good rate, monthly payments would have been for 30 years mortgage about $ 902.00. Now the same house with the low interest rate of today at 3.250% or 3.75% same area for $50,000 or less. Today the mortgage payments would be $302.00 per month for the same $100,000 valued home.

      Finally, why pay for rent, when you can have some equity value that will increase over time and even double in value and can be converted to cash to start a business or retirement income, renting is making others wealthy, in today’s world you must have a home or a wealth accumulation plan, this could be one of main reason to act now. We’ll show you where and how to get foreclosures deals for free like the illustration.

      Many of us are working one or two jobs just to keep ahead of paying rent, and to help with the rising cost of living. Any opportunity to reduce the cost of housing will be like a raise or increase in income. The above example of $100,000, home mortgage payments from $902.00 to $302.00 is a $600.00, difference that could be an extra $600, per month savings. Just the same, if now you’re paying $900.00 per month to rent a 2-3 bedroom home, that like money thrown out the window, at the end of the day or month you will have no equity to show for it, at the year ending, that’s $10,800 yearly rent. What if you could own the same home using the example: mortgage of $302.00 a month x 12 months = $3,624 a year, savings of $7,176.00 a year, to go in your pocket, that’s $600 a month. That one move will pay for this book many times over. With $50,000 home value instead of the $100,000 of old days.

      But now you would be increasing equity values over time and have ownership, and the powers to cash out later on the equity, and create wealth. The idea is to find some deals right now and start searching while the deals are out there in every state including Hawaii, Puerto Rico and Guam, and find foreclosures or even pre foreclosures short sales, which are homes the owners are willing to walk away from for whatever reason, death of family or lost of a job, and can’t handle the payment and yet this may be just the dream home you wanted, but now you can take over homes with no money or no credit and move in right away. I’ll show how it’s done the right way, to protect yourself and make sure you record legally the proper documents, and own it. In Chapter 2, I’ll get in to more details of where to find your cheap dream home in nice areas. Here is some others reason to buy homes now, aside from plenty of deals that anybody can get cheap because for the next two or more years we’ll have a large inventory of houses and still every day it’s reported that more and more foreclosures are being added which means you basically can pick and choose whether to just get that dream home or just extra income so at the minimum, you

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