Cash Back At Closing.

by Kelly
(SK)

Just wondering how many times you have gotten cash back at closing and if its one of the things you look at when checking out a investment? I have an idea how it works but could you give me some more details.

Thanks Kelly

Comments for Cash Back At Closing.

Click here to add your own comments

Jul 26, 2012
RE: Cash Back At Closing
by: Tom Karadza

Hi Kelly, we've never used those types of mortgage programs because often we weren't able to get the best interest rate possible with them. We assume that's what you're talking about? Mortgages with cash back options? Also, they're usually reserved for your own home and not investments.

Other than that we have occasionally negotiated cash from the seller to pay for our closing costs. It's handled through the lawyer and listed as a credit on our disbursements at closing from the lawyer.

Tom

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Submit A Question.

                  

  Some Cool Free Stuff...

  Step 1:

Grab a free digital copy of our real estate investing book, Income  For Life For Canadians, right here. This book has been downloaded over 22,597 times and has helped hundreds of investors kick-start their investing with simple and straight forward strategies that you can implement right here in Canada.

You'll also receive our weekly [Your Life. Your Terms.] email newsletter with the latest investing updates and videos.


  Step 2:

Free Weekly Investing Videos & Articles: Get the latest updates and join the over 10,000 other Canadians enjoying the weekly [Your Life. Your Terms.] email newsletter. The email is sent out each Thursday. And as a little bonus we'll give a FREE digital copy of the book, Income For Life For Canadians, too!

Your Life. Your Terms.



  Step 3:

Free LIVE Investing Class: Do you live in the Greater Toronto or Golden Horseshoe Area? Come out to our next introductory "Investing in Nice Homes in Nice Areas" Real Estate Class.

Get all the details by clicking here.

It's 90-minutes and you'll learn a ton - promise!Thousands of investors have now joined us for this class and the feedback has always been amazing.

Click here to get book

This book has been downloaded over 22,597 times and has helped hundreds of investors kick-start their investing with simple and straight forward strategies that you can implement right here in Canada.



  Click here to subscribe