If the mutual goal of the lender and homeowner is to apply a strategy for borrowers who are behind in their mortgage and other payments to stay in their homes, and to avoid write-offs of principal by the mortgage holder, the QCD™ may be of use. The steps in the process: A. Existing homeowners with … Read more

Now that you are learning about the possibility of buying a home without a mortgage, here are some steps you can take while we are educating the landlord community about using a Qualified Contract for Deed™ (QCD™) to sell their rental properties to you as an owner-occupant. A. Landlords: The first technical question is whether … Read more

New Home Owner Makers Educational Services program helps First time homebuyers purchase quickly, and also should eliminate “Rent-To-Own” Arrangements The challenge of first-time homebuyers for decades has been the 20% down payment to obtain a qualified mortgage. This requirement has prevented many otherwise qualified buyers from purchasing their initial home. Many have fallen prey to … Read more

Historical application of the Contract for Deed in Old City, Philadelphia, to create home ownership. In 1990, a Philadelphia development group, Historic Landmarks for Living, who had successfully acquired 28 older historic commercial buildings, and then developed and repurposed them into luxury apartments, began the process of converting these apartment buildings into condominiums, for sale … Read more