First House Financial Review
Five months ago, I was finally able to buy our first home. It is a very special purchase for us. I would like to think that some kind of Providence led us to it because ordinarily there wasn’t a way that I could loan for a house. I was worried about not having any credit score which most banks require. But, it’s the house we’ve really wanted and we’re so lucky we even found it through the help of First House Financial. By means of their subject-2-financing method I can pay a very affordable amount of approximately $650 for the house every month. It’s a real miracle!
See the First House Financial website now for more info
See the First House Financial website now for more info
What Can First House Financial Do For You?
First House Financial is a listings company. They will help you find very nice houses that you can afford to own and to which you can move in to right away. All the homes are in pre-foreclosure that means that homeowners are eager to sell them fast. You may be afraid of owning property with a loan attached to it. However, once you understand how the subject-2-financing technique works you will see how it’s a win-win situation for both you and the homeowner. With subject-2-financing, you will be able to get ownership of the property without clearing the loan balance first. The loan remains in the name of the original homeowner until it is paid out in full or refinanced. You win because you bought the house at the price of a rental without going through the necessary credit check and best of all you get to own the house right away and do what you want to do with it – sell it, rent it out or live in it. The original homeowner also wins because you saved his loan from foreclosure and prevented damage to his credit and other IRS repercussions.
When you sign-up you will automatically be billed for $9.95 and you will need to pay the same amount each month to retain membership. As a member, you get access to the largest database of foreclosure homes in the country. You will also be getting the comprehensive guide and training materials to help you understand pre-foreclosure acquisition. They give you the tools you need plus 24/7 customer service support that will assist you in locating properties, contact the property owner for a walk-through, perform the title search and verify loan details with the lender and draft the purchase agreement and deed transfer. Just for $9.95 a month, I think this is a great package deal and the cheapest you can find in the market nowadays.
When you sign-up you will automatically be billed for $9.95 and you will need to pay the same amount each month to retain membership. As a member, you get access to the largest database of foreclosure homes in the country. You will also be getting the comprehensive guide and training materials to help you understand pre-foreclosure acquisition. They give you the tools you need plus 24/7 customer service support that will assist you in locating properties, contact the property owner for a walk-through, perform the title search and verify loan details with the lender and draft the purchase agreement and deed transfer. Just for $9.95 a month, I think this is a great package deal and the cheapest you can find in the market nowadays.
First House Financial Pros & Cons
Pros
• The loan stays in the original homeowner’s name
• You have full control of the property and make the mortgage payments on it
• You can try them out for a 7-day trial period and see how they can be of service to you
• Nothing is hidden from you. You have contact with the owner yourself so you can ask whatever questions. You can also verify loan amount directly with the lender.
Cons
• If you default in making the payments, you could lose the property and any equity in it. However, if you don't make the payments and you lose the property, there will be no personal liability other than just the loss of the property. You walk away as a "renter" and the original homeowner is that much closer to paying off the loan.
• The loan stays in the original homeowner’s name
• You have full control of the property and make the mortgage payments on it
• You can try them out for a 7-day trial period and see how they can be of service to you
• Nothing is hidden from you. You have contact with the owner yourself so you can ask whatever questions. You can also verify loan amount directly with the lender.
Cons
• If you default in making the payments, you could lose the property and any equity in it. However, if you don't make the payments and you lose the property, there will be no personal liability other than just the loss of the property. You walk away as a "renter" and the original homeowner is that much closer to paying off the loan.
Conclusion
If you’re thinking of buying a house that you can easily afford to pay without making any down payment or going through credit check, then use First House Financial. It is very safe to use and with their step by step instructions and live support you have all the help you might need.
Try Out First House Financial Now
Try Out First House Financial Now