Money and Success

Mind-Money Connection

Lynn Torre, CFP

Mind-Money Connection – The Ins and Outs of Buying a House on Contract

It seems to be harder and harder to buy a house these days.  Even with low interest rates, lending companies are making it more challenging to qualify for a mortgage.  If you have any dings on your credit score or have had some major financial challenges in the past, it becomes even more difficult.

My guest, Ken Schreiber is a pre-divorce lending specialist.  He has successfully helped clients, with many different financial scenarios, purchase homes.

One little used approach is to buy a house on contract.  Ken does a beautiful job of explaining the benefits and pitfalls of this option.  When done correctly, buying a house on contract can be a win-win situation for both the buyer and seller.  Ken can be reached at 630-446-0172 or kdebo67@gmail.com

If you would like to find out your primary Financial Personalities, go to my website homepage http://www.LynnTorre.com You will find the link to the FREE QUIZ in the top right corner of the page.