Buying A Home In Today's Market With No Money Down Or No Credit!

The real estate market has definitely changed and has made buying a home harder, but that does not mean that you CAN'T buy a home if you are unable to meet today's real estate buying criteria!!  With stricter credit criteria and larger down payments a home buyer may be wondering how they can finance their dreams of being a homeowner. 

This tip I present is not necessarily a new tip, it actually has been around for a long while and is usually used by investors as a way to secure properties without money or credit.  There are so many creative ways to own a home; the trick is that you have to think outside the traditional box of buying a home and research, research!  Good Luck!

Tip #1  Seller Financing, Lease Options – Take title to the property subject to the seller’s existing mortgage., getting a seller to carry the financing or lease optioning are just some of the ways to do no money or no credit deals!

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Out Of This World Real Estate

 

By Mon Sherie, Contributor



Samplr Lunar Deed



While, it might be harder to get financing in today’s real estate market here on earth, you have none of those worries buying real estate on the MOON! That’s right… folks are purchasing land on the moon and it’s called “Extraterrestrial Real Estate.” There are several sites that offer you the opportnity to own land on the moon, with certificates of ownership called Lunar Deeds, Martian Deeds or similar. These deeds do not have any legal standing here on earth due to the "Outer Space Treaty" enacted in 1967, that forbids private ownership of extraterrestrial real estate.

The “Outer Space Treaty” law has not stop sites like “ Lunar Embassy” from selling and offering financing for Lunar Properties to those who want to purchase land on the moon. Dennis Hope the owner of “Lunar Embassy” has said to have found a loop hole in the UN’s International Space Treaty, which has allowed him to claim ownership of the moon along with the rest of the solar system. He has since made over 9 million dollars selling moon land at $22.49 per acre.

Well, as you can see by the millions of dollars that Dennis Hope has made, that people ARE actually purchasing land on the moon. The question remains…. are those Lunar Deeds just for novelty purposes or will you be able to cash in those out of this world property dealings for some real hard cash?

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