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Posts Tagged ‘Myth’

You might have heard about the presidential cycle in stocks the stock market. Or perhaps you haven’t. If not, right here it’s in a nutshell: Stocks do their finest within the third yr of the 4-yr presidential time period-that is, within the yr preceding the next presidential election year. Since 2007 is the third yr of the present presidential cycle-the next election can be in 2008-let’s see whether there’s any fact to the presidential cycle, or whether it is simply an Read More

I have been spending a lot of time reading blogs about owner financing of real estate transactions, and there seems to be myth out there that you can not do owner financing if the property is not free and clear. I’m here to bust that myth. One common way to sell a property with an existing mortgage is the process of “wrapping” the mortgage. That is, the seller carries a note that is at least as large as the mortgage, and then uses the proceeds of the incoming payments to make his Read More