If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Owner financing is a proven strategy that will let you bypass the banks during the credit crisis.
The current economic crisis is a credit crisis. The banks are extremely reluctant to make loans, even to qualified buyers.
This credit crunch affects both [...]
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Archive for October, 2008
Owner Financing To Bypass The Banks During the Credit Crisis
Sunday, October 26th, 2008Posted in Banks and Money, Main Page | No Comments »
“When The Government Gets Into The Banking Business”
Tuesday, October 14th, 2008In response to the global credit crisis, governments are buying ownership in banks. Often, we don’t recognize significant moments when they happen. We don’t see the events that change things forever. But the economic events of the last few days are a clear sign of enormous systemic changes that are underway around the world.
For weeks, [...]
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When Banks Go Broke, Buy The Banks
Saturday, October 11th, 2008The heart of the economic crisis right now is that the banks are unwilling to make loans. Even though governments are pouring money into the banking system, the banks are hanging onto the money.
The rescue program originally was sold to Congress and the public as a plan to buy mortgage-related loans from financial institutions. The [...]
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When The Banks Cut Off Credit
Friday, October 10th, 2008The world is in economic crisis. So far, nothing has stopped the crisis from spreading. It started with subprime mortgages, and has grown into a hydra-headed monster that is creating fear around the world as banks cut off credit.
With global stock markets continuing their sickening plunge and the credit system all but shut down, efforts [...]
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