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What is a wrap-around loan?

"This method of seller financing is risky if the underlying first loan has a "due on sale" clause because the loan might be called due when the first lender becomes aware that the property has transferred title," says Dian Hymer, author of "Buying and Selling a Home, A Complete Guide," Chronicle Books, 1994.

A seller usually will want to incorporate a late charge to encourage the buyer to make monthly loan payments on time. "A buyer will probably want to stipulate that prepayment of the loan be without penalty.

Real Estate Investors Blog

Investors ... Stay Informed on the Local Market

Ask Questions..Get Answers.. We KNOW where the best deals are!

Pre Screened Deals !

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Searching For Your Next Investment in Lethbridge ?

Whether your are brand new to the world of Lethbridge Area Real Estate Investments or an avid Investor we can get you well on your way to finding what you're looking for!

We believe that giving you the information you need without all the "hoopla" will ultimately get you your goals and will hopefully give us a life long friend.

If you are interested in learning more about the Century 21 Foothills - ACTION TEAM exclusive "Investors Inner Circle" please fill out the form below. We'll send you information on our services and get started in finding you the Investment(s) you have been searching for! We KNOW where the best deals are!