If you are looking to buy a holiday or second home or invest in Romania, Transylvania or at the Black Sea and you are a foreign citizen/investor, there are few aspects you should know about the procedure an the costs for the acquisition of Romanian land or Romanian houses.

After 2012, foreign citizens EU citizens (non-Romanian) may purchase a home or apartment in Romania may freely buy and sell any Romanian property, without restrictions. Along with the sell price for the property, buying real estate in Romania has other costs associated with it.

If you have chosen to collaborate with a Romanian real estate agent/ broker you can expect to have an additional commission of approximately 2-4% of the price of the property. The local tax will be 2-4% of the price of the property. The signing of a contract must be witnessed by a public notary who submits it for certification by the Land Registry in charge of real estate records. The fees for the Romanian public notary is about 0.5-1% of the purchase price. You will also have to pay fees to the Land Registry („Cartea Funciara“) to register the Transfer Deed. The Romanian Land Registry Fee for a purchase of a property will vary from 1-3% according to the length of time that the seller had owned the property and the property’s value.

The Romanian law on property states that Citizens of EU member states, legal persons incorporated in the EU member states and stateless people domiciled in an EU member state can purchase land in Romania only if the land is used for secondary residences or for secondary headquarters after a 5 (five) years term from the accession of Romania to the EU (starting with January 1st, 2012); only for the agricultural land and forest land 7 (seven) years term from the accession of Romania to the EU ( starting with January 1st, 2014).

But for the Citizens, legal persons and stateless people not from a EU member state, the Romanian legal system establishes that they can purchase land in Romania, under the conditions of international treaties between Romania and the states of origin on these persons, under a reciprocity basis.

In our point of view, a prudent investor will hire a Romanian lawyer/ a Romanian Law Office, who will liaise closely with the notary on the verification of the title, obtaining the Land Registry excerpt and the drafting of the agreement for the transfer of ownership of the real estate. This means that the Romanian lawyer will be solely acting for and is responsible to his or her client, whereas the notary will not have the same degree of responsibility to the purchaser.

Under Romanian law there are three basic rights to land and buildings such as right of ownership; usage rights as lease, usufruct, superficies; concession right. The principle of contractual liberty represents the key core of the property law in Romania.

Sometimes, an investor/purchaser can opt for closing a pre-sale agreement, by which the seller undertakes to transfer ownership to the buyer at a certain date in exchange for an agreed consideration. The content of the pre-sale contract will stipulate all commercial and legal conditions for the transfer of ownership, as conditions precedent to the final transfer of ownership. The closing of such pre-contract for purchase does not means the transfer over the property, but the stipulate binding obligations for the parties, in regard to, as example, damages or penalties set out in them, if the seller refuses to sign the final notarized deed of transfer at the agreed deadline.

The closing of the pre-sale agreement is to protect the investor/buyer from any possible purchase to other buyers and to matters regarding the fixed price and duration of a future purchase. In our point of view, it is a must that the pre-sale agreement to be concluded at a Public Notary and clearly stipulate the sale price and other clauses regarding duration of future purchase. In this case, it can be enforced in court on the buyer’s request as a deed to transfer ownership.

A sale agreement signed in Romania, according to the Romanian legislation will mandatory stipulate: obligations of the parties for the fulfillment of the sale contract, delivery and quality conditions of goods and/or services, terms, payment methods and payment guarantees, payment instruments and price insurance, contractual risk, as well as method of solving eventual litigations arising from the contract. Other required elements include the full name and identification details of the parties (for legal entities) and name of the person signing the contract (representing a legal entity).

Our team of romanian lawyers offer a wide variety of legal services in the real estate law http://www.lawyersinromania.com

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Simona Rotaru

When, someone decides, to, either buy real estate/ a house, or sell his home, he can, either, try to take care of this, himself, or hire, a quality, real estate professional, to assist him, and, hopefully, bring – about, and create the DEAL! Although, there are many advantages of hiring the right agent, for you, and your personal situation, and priorities, effectively, marketing it, and, creating, a meeting – of – the – minds, in order to bring – about the best, possible, deal, is one of the most important ones! After, over 15 years, as a Licensed Real Estate Salesperson, in the State of New York, I believe, strongly, effective representation requires the right combinations of skills, knowledge, experience, and expertise, as well as genuine empathy, and commitment! With that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, using the mnemonic approach, what this means and represents, and why, it matters.

1. Delve deeply; deliver; determine; dreams: Many people strongly identify, with the so – called, American Dream, of home ownership, and the greatest agents, focus on ensuring this dream, does not become a nightmare, and everything goes smoothly, and properly, throughout the transaction period! To do so, requires, a degree of customizing, rather than, pursuing, a, one – size – fits – all, approach, and, consistently, under – promising, while over – delivering! Experience, and expertise, must help, to determine, the best pricing, marketing, and approach, to create the best, possible deal!

2. Empathy; efforts; emphasis; excellence; endurance: It’s important to effectively listen, and, consistently, learn, in order to proceed, with the utmost degree of genuine empathy! He uses his efforts, to emphasize, creating a meeting – of – the – minds, pursuing professionalism, and excellence! There are usually obstacles, along this path, so one must be ready, to proceed, with patience, and endurance!

3. Attitude; aptitude; actions; attention; align: How one aligns, a positive, can – do, attitude, with a well – developed, relevant aptitude, and skill – set, often determines, whether his actions, are as beneficial, as possible! When agent and client, work together, as a team, it permits them, to pay keen attention, and provide, extraordinary service!

4. Listen; learn; leading: A quality agent effectively listens, far – more than he speaks, so he becomes capable of learning, what his client’s goals, priorities, needs, and objectives, may be! In essence, it is a professional’s duty, to be leading, and assisting his client, to achieve quality objectives, and results!

There are thousands of real estate agents, so, a wise homeowner, or buyer, will choose, someone, who understands, the needs, and creates the DEAL! Since, for most, the value of their house, represents, their single – largest asset, doesn’t it make sense?

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Richard Brody

If you are in real estate marketing and sales, you have probably heard the term Real Estate CRM. Do you know what a CRM is and how to use one to make your business more profitable?

A CRM is simply a piece of software that is designed specifically for Customer Relationship Management. CRM software made for realty professionals usually includes a heavy reliance on email autoresponder marketing techniques to keep in touch and nurture your relationship with leads, clients, and potential return clients.

Using a CRM package usually starts with a lead capture website. While there is an art and science to lead capture, the basic process consists of offering a website visitor something of value in return for their contact information. The item of value may be a free report such as a digital download, a book, or access to an MLS home search tool so buyers can search for properties.

Once a lead makes contact with an agent, the CRM is configured to keep in touch using autoresponders, also called email drip campaigns. A series of emails can be written in advance and sent to leads in a fixed sequence to nurture their relationship with the agent and build trust.

At some point during the process, calls to action are conveyed to the lead to help convert their email contact, which is less personal, into a phone call, which is more likely to result in a sale. Agents who receive a phone call from such a qualified lead should be able to escalate the relationship into a face to face meeting and/or buyers agreement to begin the real estate search process.

From the agent’s perspective, a real estate CRM consists of not only the software to automate the lead nurturing process, but the content in the emails that does the heavy lifting of developing the relationship. The agent typically receives regular updates from the software about the leads being captured into the system, as well as tasks that need to be performed by the agent that cannot be automated.

For example, studies have shown that a phone call during the process (perhaps one that comes after an automated email message that tells a lead to expect a call the next day) greatly enhance the lead conversion rates. The bottom line is that the success rate of marketing using a CRM always comes from blend of sales automations technology, human-written content, and well-placed follow-ups and calls to action during the sales process. A well-designed real estate CRM can boost the conversion rates and sales numbers for real estate agents dramatically.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Kevin Harper

Jacksonville, located in Duval county, is Florida’s largest city surpassing even Miami in terms of population explosion (around 1.3 million). This seaside city has continued to boom especially after its consolidation with the Duval county and its close proximity to the Gulf and also the ST John’s River. Thousands of people make Jacksonville their home each year and these are in addition to its many residents who live mostly within city limits. As such, apartment complexes in Jacksonville continue to receive a continuous stream of applicants. Normally, it would be easy to rent a good apartment in this city but recently, most apartments have adapted stringent credit and rental history checks which have seen many people being turned away. There are however some apartments within Jacksonville which either do not check credit or when they do are willing to give problem applicants a second chance. This means that even with a broken lease, an applicant may be able to secure approval after passing a few standard requirements. But these apartments are not easily located and tenants with prior problems can waste tremendous time and money going from apartment to apartment and being denied.

Let us examine a few locales in Jacksonville where one can rent an apartment even with bad credit, a broken lease and/or a criminal record:

• North Jackson
• Northwest
• Southeast Jacksonville
• Mandarin
• West Jacksonville

This list is not exhaustive. As we mentioned earlier, there are many other areas where these types of apartments may exist. Locating and narrowing down to these apartments is not easy but it is possible if one has the right knowledge of how and where to look.

Some people are of the persuasion that these types of apartments, usually referred to as „second chance apartments“, are located in dilapidated sections of town. This may or may not be true. There are excellent, well-maintained and elegant apartments in safe neighborhoods which will be willing to approve a tenant who has prior rental issues.

One way of looking is to use the Internet. This is by far the most convenient way to search because one need not waste time and fuel driving around town. One challenge with second chance Jacksonville apartments is that they do not usually advertize meaning that sometimes one cannot easily unearth these complexes. The apartments themselves also want to remain anonymous because they do not want to attract the „wrong kind“ of tenants which may result in the decline of rental prices. Usually some apartments will approve a felony but only if it is old enough, usually 7 years or more.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Jimmy Jamm

Although, there are over 1.3 million, real estate agents, in the United States, only, a small – minority, of them, are responsible, for the vast majority of the transactions, which occur! Since, for most of us, the value of their house, represents, their single – biggest, financial asset, wouldn’t it make sense, to very carefully, choose the individual, to hire, to represent you, and your best – interests? How should quality agents, demonstrate, and prove, their value? Doing so, demands a variety of skills, assets, attitude, persistence, discipline, integrity, etc, and, there is no such thing, as one – size – fits – all! Before, hiring the right person, to serve and represent, one’s interests, it is essential to, clearly, prove, he is worthy of their respect, etc! With, that, in mind, this article will attempt to, briefly, consider, examine, review, and discuss, 8 ways, quality agents consistently, prove their worth/ value!

1. Effectively listen to prospective clients: Observe, when interviewing agents to represent you, whether, the individual, effectively, listens, to you, and your personal needs, concerns, priorities, etc. How can anyone, represent your best interests, unless/ until, he commits to doing so?

2. Thoroughly, discuss, and discover, what prospective client, seeks, and needs: While some proceed, by trying to, merely, tell someone, what he believes, they want to hear, I strongly believe, in my service – mark, I’ll always tell you what you need to know, not, just, what you want to hear! It is wise, for client and agent, to know, trust, and believe, in – each other, throughout the process!

3. Discuss/ explain suggested marketing plan: What makes one’s marketing plan, different, in a meaningful way, from others? Since, one’s house, is so financially (and, other ways) relevant, it’s essential/ important, for both sides, to work together, on the same – page!

4. Explain concept/ teamwork/ strategy: Real estate agents, owe it, to their clients, to thoroughly, explain their concept, strategy, reasoning, action plans, and, the importance of well – considered, teamwork!

5. Commitment/ discipline/ efforts: Agents can’t, and should never, go – through – the – motions, and proceed, forward, with the level of consistent, true commitment, and the discipline, to maximize their efforts, for the client’s best – interests!

6. Regular updates: Communication, and providing regular reviews, and updates, must be an obligation, for agents! An essential component of representing someone, during stressful times/ periods, is holding – their – hands, throughout the entire period/ process/ transaction! From the onset, it’s important to pre – plan, for, regular, periodic updates, to thorough discuss, all relevant components, and/ or, necessary adjustments, during the period!

7. Quality negotiating: It takes quality negotiating, and an understanding of market, and economic conditions, in terms of supply – and – demand, etc, to make a significant difference, for the better!

8. Close the best deal: Meaningful representatives listen to potential deals, and help, bring them, forward, and, then, have the skills, and self – confidence, etc, to close the deal, with the best combination of minimizing the amount of time needed, enhancing the price offered, and addressing, any, and all conditions, etc.

Hire an agent, who will strive, to clearly, demonstrate, and prove his value, consistently, by a combination of skills, efforts, and a positive, can – do, attitude. Before you, buy, or sell a house/ home, doesn’t it make sense, to hire, the right agent?

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Richard Brody

Baltimore, a port city on Chesapeake Bay, is the largest city in the state of Maryland. It’s major seaport status means that the city is a busy business hub for numerous multinational companies and financial entities. It therefore continues to attract many who come seeking better career opportunities. Baltimore apartments are therefore in hot demand all year round.

If you are looking to rent an apartment n Baltimore, you must be aware of the general rental requirements. Most apartments will conduct a credit check, rental check and most likely a criminal background check. This can mean denial for applicants who have prior issues. Are there apartments in Baltimore that either do not conduct checks on credit, or broken leases or background or which if they do, are willing to work with the applicant regardless? The answer is yes.

Apartments which are willing to work with applicants who have previous rental problems are called second chance apartments. This is not to mean that they do not abide by the general housing policies, but that they are more lenient than the regular apartments. Here are a few places where one can find such housing units:

• Arlington
• Dorchester
• Grove Park
• Howard Park
• Downtown Arlington
• Arcadia
• West Baltimore
• Wilson Park

This is not an exhaustive list. There are many different places which have housing complexes that are willing to grant problem applicants a second chance.

Important

The challenge in finding places to rent in Baltimore if you have tarnished credit or background such as a broken lease, is that such complexes do not readily advertise. This means that it can be a trial and error for the applicant who has to call or visit numerous apartments before being approved. This can be a frustrating and costly ordeal.

It is important also to note that even if you do land a second chance apartment interview, you must satisfy a few key requirements. For instance, even if the apartment is willing to overlook, say, credit issues, they most likely will want you to furnish proof of income. This means a job for at least the last six (6) months and an income that is at least three times the amount of the rent. The apartments will also insist that you not have any felonies involving drugs, violence or molestation of minors.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Jimmy Jamm

What’s next for real estate?

For most people, real estate remains a critical part of personal net worth. Despite the stock market’s recovery, the average net worth of an American family is down about 25% because of tumbles in real estate values and investment assets.

Overview of Market Trends – Focus on Boston

While still suffering because of continued turmoil in the anchor employment areas of Financial Services, Insurance, Real Estate (FIRE), there have been signs of stability in and near major metropolitan areas like Boston. Although the employment picture remains bleak, the Boston metropolitan statistical area (MSA) showed the strongest gains in property values during 2009 according to a recently released report by Zillow Real Estate Market Reports.

Even with the strong gains helped along by the federal government’s first time home buyer credit and continued low mortgage interest rates, there remain nearly 25% of homes that are „upside down“ on their outstanding mortgages.

High unemployment persists as companies continue to announce layoffs or delay hiring. And given the expected wave of creative mortgage products like Alt-A loans, interest-only loans and „pick-a-payment“ adjustable rate mortgages resetting to higher rates putting pressure on homeowners who are unable to refinance because of lack of jobs or lack of value, there will likely be an increase in the number of foreclosures.

According to research reported by HousingPredictor.com, the major metropolitan areas in the US will likely not see a boom in real estate until after 2020. With more than 7 million people unemployed and another 20 million listed as underemployed, it may be 2017 or 2020 when these workers are absorbed. And real estate sales depend on those who have jobs.

Real estate booms have typically run in seven to 10 year cycles with some outside trigger precipitating a crisis that popped the bubble. The current situation is unlikely to be different.

Implications for Investors

Apartment vacancy rates are expected to rise through 2010 to about 7% to 10%. The continued collapse in confidence about jobs hampers household formation as individuals may delay marriage or move back in with parents or relatives or double up with friends.

As foreclosures rise, there will likely be greater demand for replacement housing so vacancy rates may fall. And as workers try to keep their options open to accommodate moving for job opportunities, demand for rentals will likely increase as well. The caveat is that there will also likely be a range of supply options that will put pressure on rents. And as a result of continued poor economic conditions, landlords can expect that credit quality of tenants will erode.

Apartments will have to compete with an increasing supply of single-family homes. Currently, the single-family homes available for rent has ballooned to nearly 10% compared to the long-term average of 4.5%. And a change of policy by mortgage servicer Fannie Mae will allow renters living in homes or apartments where the landlords have been foreclosed on to no longer be evicted. This will likely mean that largest landlord of single-family rentals in the US will be a quasi-governmental entity.

The volume of sales in the multi-family market is way off and likely to continue. Potential buyers continue to wait for prices to stabilize. There will continue to be an upward shift in cap rates by 1% to 2% approaching the cap rates of 2002 (8.2%) which will directly contribute to downward pressure on prices in the range of another 10% to 20%.

And given the more stringent underwriting criteria like higher down payment requirements, the number of investors capable of acquiring a property will likely be limited. But there will be opportunities for those investors with the capital and credit to buy when prices stabilize.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Steven Stanganelli

In this DIY (Do It Yourself) age, it is no surprise that many consider selling their home on their own when they are ready for a move. There can be some great benefits – lower cost; more control; a chance to „test the waters“ – but there are many pitfalls too. In the US, For Sale By Owner („FSBO“) transactions accounted for 10% of home sales in 2011 but sold for considerably less (up to 25%) on average than agent-assisted home sales. [1]Other than the possibility of a lower selling price, consider the following if you are thinking about listing your home on your own:

Time and effort involved

Roll up your sleeves and prepare to spend significant time preparing your home, researching the market, developing sales strategies and marketing materials, answering calls, showing your home, and eventually managing negotiations and paperwork. Realtors have well developed tools at hand and typically have a team of resources to count on, including front office staff that may be available 24 hours a day. It all looks easy, but the work is surprisingly detailed and complex and mistakes can be expensive.

Pricing it right

Pricing correctly can be a challenge for anyone, but when you are emotionally attached to a property, it can be even more so. Too low and buyers may be suspicious; too high and your property will sit while others around you sell. Realtors rely on current and historic market data along with industry and marketing experience to help establish the right price for a motivated seller. The right price for a well-staged home can have a significant effect on attracting a high number of qualified buyers; and that leads to a sale.

Legal and financial implications

How much should you disclose about that leak or buried wiring? What about the well and septic system? The insight and paperwork involved in putting together a secure and binding sale agreement that protects both parties is considerable. Professional Realtors, their Associations, and their Brokers have the training and experience required to identify potential issues along with developed contract language to help ensure your interests are secure. Major problems that are not visible and remain undisclosed can lead to litigation and other costly consequences. Missing clauses in a contract can have the same costly effect.

Needless to say, there are many FSBO success stories, however, we have all seen FSBO signs that linger on a front yard for what seems like months before being replaced by a Realtor’s sign. If you have time on your hands and want to „test“ the market, a FSBO strategy may work for you. But if you are a motivated seller with a deadline and top dollar in mind, then perhaps a Realtor is your best bet. I have worked with more than one FSBO client who was exasperated with the process – „… never again!“

[1] National Association of Realtors, 2011

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Thom Gallagher

Buyers are out there, it’s just a matter of rounding them up and keeping in touch. It helps to be able to determine which type of buyer you are hunting for from the start. Remember this: you’re the person who has something they want when a buyer calls you; if you are calling them then you are trying to sell them, let’s insure buyers call you so you remain in the position of power from the start. You should Be a Real Estate Heavy Weight.

Let’s look at a few categories of typical buyers to get some perspective on their mindsets and how and when we’ll market to find them in order to supply their real estate buying needs.

o Rehabbers: These are folks looking to fix and flip property for quick turn profits.

o Landlords: These are folks looking to buy to rent out to others for long-term equity accrual while generating a positive cash-flow every month.

o Wholesaler’s: Will either buy or put an option on your contract to hopefully flip the paper to another buyer who is willing to pay more.

o Lease Option end-buyers: These are folks who can’t qualify for a loan of their own but want to be home owners as opposed to renters again.

o Retail Buyers: These are end buyers who can obtain a mortgage or have cash and generally buy the property for their own housing needs.

There are variations of buyers out there but the above 4 types are generally considered the prime targets of people who have property to sell. Understanding each buyer’s mindset helps you to market to those buyers interests, do they want quick cash, long-term wealth, tax deductions, a place to call home etc… If you ask enough general questions you’ll quickly discern which type of buyer you have at hand. Once you know, you can then tailor your offers and present properties that satisfy what is important to them.

Buyer: Someone who is ready, willing and qualified! Those that aren’t qualified may be perfect tenants, lease option buyers or owner finance candidates, so qualified can have different meanings.

Ready: Someone who is in the market to buy within 1-45 days, keep in mind a retail or lease option end-buyer generally buys once and they’re out of the game, landlords, rehabbers and wholesaler’s are more likely to buy multiple properties from you over time as they accumulate, sell or flip existing assets. Having active buyer’s lists in different categories that are often ready to buy property is a very smart way to operate.

Gee Danno, how do I find these people? Ah! I’m so glad you asked! Let’s start out with one of the all time greatest methods to kick-start your building a buyers list. In your search for bargain priced properties of your own, it makes sense that you will eventually find a very good deal, once you have a superior deal to offer you turn around and market that property at cost! Yep, no profit for you on this one. Why? Because you are going to advertise that property to every investor and potential property buyer on the planet!

The reason for this is that you will get the most calls and response when you advertise a screaming deal! Granted you’ll most likely sell that deal relatively quickly but you’ll be gathering information from each potential buyer who calls to build your buyers list for future properties that you offer. If you don’t have a property of your own to sell, ask someone who does! I can assure you that they aren’t going to turn down your offer to advertise their property for them for free! You might negotiate a small fee if in fact you do sell their property but your main objective is to build you buyers list!

Let me give you an example of one way to collect potential buyers by the dozen, hold an auction, advertise for a solid week in advance so you attract the most amount of buyers, begin with bandit signs, placing about 100 of them around a 5 square mile area of the property, we just did this and had 800 calls because it was a great deal of those 800 calls we had 300 people show up on auction day, of course the home sold but we also added new buyers to our buyers list.

Here are ways to advertise for those buyers:

o Bandit Signs

o CraigsList

o Backpage

o GoogleBase

o Postlets

o Zillow

o Pay Per Click Ads

o Local online Classifieds

o Media Website

o Flyers

o Newspaper/inserts

o REIA’s

o Direct mail/post cards

o Start an investors MeetUp group

o Email

o Phone

o Fax

o Your own website

Use your imagination, the list is limitless, there is a free e-book called the Internet Real Estate Yellow Pages that you can download for free at my site MagicBullets.com go grab that and you’ll find 100 more ideas and places to list your deals. Now go Be A Real Estate Heavyweight!

Dan Auito :~)

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Daniel Auito

Creative Financing

When a Commercial Real Estate Investor is looking to purchase income producing property utilizing any number of creative financing methods, one of the most important keys to their success is that their ability to provide adequate, verifiable proof of funds – P.O.F.- to both the seller and the lender. The verification of funds can enhance the investors credibility with the seller as well as satisfy the lenders requirement to know that the borrower has necessary funds to complete their transaction.

Proof of Funds

There are a few ways acceptable to lenders and sellers to show P.O.F. to close your Commercial Real Estate transaction:

• Bank Statements or Bank Verification
• Brokerage Account Statements or Verification
• Escrow Account Verification

„Bank Verification“ This is the most acceptable and widely used method to confirm the investors can complete the proposed deal. As such money must be put into a bank account and confirmed by statements or letter from the banker.  This is a „hard“ (versus soft) method of verification, because money are deposited in an account in the buyers name to serve as proof the buyer can complete the transaction.

„Brokerage Account Verification“ Similar to bank accounts, brokerage accounts show acceptable means to complete a purchase transaction. Likewise, statements or letter from the brokerage house representative will meet the requirement to prove adequate financial strength. This is also a „hard“  method.

„Escrow Account Verification“ This is the one method that can be hard or soft evidence of necessary assets as the escrow agent simply needs to write a letter of confirmation attesting that the borrower has finances available to complete the transaction. It becomes hard when money is transferred  into an escrow waiting for the closing.

Companies

Finally, there are companies whose sole purpose is to provide evidence of the financial ability of Commercial Real Estate Investors to complete their transactions. Many of them provide „Proof of Funds“ and Transactional Financing. P.O.F. is necessary at the beginning of the deal and Transactional Financing is for the day of closing only. Both of these methods are a necessary part of an investors arsenal when utilizing creative financing.

Immobilienmakler Heidelberg

Makler Heidelberg

Source by Louis Jeffries