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

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