Author: Gary Parker
How Does Putting Your House Up for Bail Work?
If you’re reading this, chances are someone you care about is in jail or just got hit with a bail amount that looks more like a phone number. And now you’re wondering if using your house to post bail is even an option. The short answer is yes. The longer answer is what I’m about … Continued
What Is An All Inclusive Trust Deed?
What Is An All Inclusive Trust Deed? It’s a common misconception that a mortgage is the sole formal document facilitating the purchase of a home. While mortgage deeds are certainly the most common, the rise of alternative home loans such as seller financing has also enabled other instruments of securing a home loan. In particular, … Continued
The Right to Cure Letter Simplified From an Expert
Over the past 16 years, I have helped numerous homeowners navigate various issues related to real estate. Today, I’m going to introduce you to a topic that may be as important as it is misunderstood: the Right to Cure letter. What Is a Right to Cure Letter? The right to cure letter, in simple terms, … Continued
Top 7 Surprises That Hurts Home Appraisals And Your Most Important Questions Answered
Do home appraisers look in closets? How about the garage? It can be nerve wracking to prepare for a home appraisal — knowing that the price they set will largely determine how much you can sell your home for — and you may be wondering just how thorough a home inspection will be. Read more … Continued
What Is A Wraparound Mortgage? Warnings and How to Use it
If there’s anything to be said about real estate, it’s that terminology can frequently be obscure. So obscure, it can seem practically indecipherable sometimes. Take a wraparound loan or wraparound mortgage, for example. It may sound like a fairly esoteric term, but it’s actually quite common. With the increased popularity of seller/owner financed loans, you … Continued
Quit Claim Deed Loopholes – Top 10 Must Know Tips with Q&A’s
Not too long ago, I was approached by a homeowner named Mr. Johnson, who found himself tangled in the complexities of real estate transactions. His eldest daughter was about to spread her wings and fly across the country for her first job post-college. He wanted to gift her the modest, family home that held so … Continued
Utah Inheritance Laws, Next of Kin and Intestate Succession [Newbie Guide]
Whether you have inherited property or you’re planning on naming your own heirs, estate planning and inheritance laws are something lower on the totem poles of fun things to do. Especially when it comes to answering questions of drafting a will. Creating your last foreclosure will and testament can frequently dredge up hostile emotions, especially … Continued
Non-QM Loans for Beginners
I get it, traditional bank loans can be great if you fit into their narrow little box. But what if you don’t? What if you’re self-employed, have irregular income, or just don’t check all the boxes for a conventional mortgage? That’s where non-QM loans come in. I’m Gary Parker, a real estate investor, and I … Continued