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Subject-To — The Right Way and the Safe Way with Bill Gatten

with... Bill Gatten

At each REIA-Las Vegas general meeting, we have a market update, exchange of real estate deals, and educational information. This includes Expert Panels, National Speakers, Professional Experts and Local Speakers.

Wednesday, March 27, 2019

Alexis Park
375 E. Harmon Ave
Las Vegas, NV 89169

Here are Bill's words for what he plans on sharing:

OWNER-CARRY SUBJECT-TO FINANCING IS ALIVE AND WELL…
AND LEGAL… AND SAFE

by Bill J. Gatten, Open Door Wealth Mastery, Henderson, NV
Creator of the ODWM Equity Holding Trust™ Transfer

A MAJOR IMPEDIMENT IN REAL ESTATE INVESTING TODAY IS THE FALSE ASSUMPTION BY INVESTORS, REALTORS® AND FINANCIAL ADVISORS REGARDING THERE BEING A DARK-CLOUD OVER SELLER-ASSISTED (“OWNER-CARRY”) REAL ESTATE TRANSFERS.  BUT IN ALL CANDOR ANY ASSUMPTION CONCERNING THIS ISSUE SIMPLY NEED NOT BE TRUE.

Here are some of the False Assumptions:

  1. 1.  A buyer can’t take over  payments on someone else’s mortgage ‘i.e., as per title 12 US Code sec. 1701j-3 (‘the  Garn St.-Germain Act of 1982).   
  2. 2.  An owner of real estate can’t finance his own property for a buyer (i.e., without Realtors® or mortgage broker’s license)
  3. 3.  owner-assisted financing can force a seller into a drawn-out and expensive foreclosure action…  ‘needn’t be true any longer!
  4. 4.  unless a buyer is on the deed and on the loan, he/she has no tax  benefits ‘no longer true!
  5. 5.  in certain jurisdictions an “Executory Contract” (Lease optionor contract for deed) is illegal if title is not transferred within 6 mos…’NO LONGER NEEDS TO BE THE CASE.

WHAT WE’ll DO IS show you how to “seller-finance” while avoiding any compromise of, or admonitions within, the Dodd-Frank Act (‘i.e., the 2010 Consumer Financial Protection Act) designed to prevent seller financing or the “due-on-sale clause,” seen in virtually every mortgage since 1982 (E.G., Re. Title 12USC §1701j-3)   

WHAT WE’ll DO IS show you a legitimate way to provide prospective buyers, sellers and Realtors® a legal and safe way to take-over payments on ANY mortgage without needing a lender’s approval, any particular credit or down payments requirements or restrictions.   

WHAT WE’ll DO IS reveal a legal, safe, well-vetted and time-tested method for accomplishing all forms of owner-assisted real estate acquisition, disposition and financing (selling and buying) ‘despite increasing regulatory opposition within the mortgage-banking industry.

THE FACT IS that just such a truly “GREAT” system does indeed exist, 
and it’s available to you now, if you choose to learn it and use it! 



At each REIA-Las Vegas general meeting, we have a market update, exchange of real estate deals, and educational information. This includes Expert Panels, National Speakers, Professional Experts and Local Speakers.

Our group is designed to take the best techniques from around the country and utilize them here in our local Las Vegas real estate market. REIA – Las Vegas is committed to providing the resources, tools, and networking opportunities to help our members see the results they want in their real estate investing career

 

We will as always be filling you in on all the new updates for your association REIA Las Vegas:

 

  • Las Vegas Market Updates
  • Local Real Estate affiliates that will support you in your investments locally
  • Our sponsors Home Depot, Office Max, Avis Rental cars and the huge discounts, benefits for being part of REIA Las Vegas
  • How REIA Las Vegas can help you grow your business in Las Vegas

Members:
FREE
Non-Members:
$20.00

Print a FREE Guest Pass

Never been to a meeting before? First Time Guests can attend their first meeting for Free with a complimentary Guest Pass.


Date: Wednesday, March 27, 2019
Time: 6:30 PM - 9:00 PM
Mar
27

Location:
Alexis Park
375 E. Harmon Ave
Las Vegas, NV 89169

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