How to Sell Your Real Estate Note

Author: Jack Sternbergbr
Source: ezinearticles.combr
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Think about this for a moment. Who are todays real estate investors? Basically, theyre everyone from the butcher to the baker to Joe the Plumber. Anyone who wants to call themselves an investor – whether they have money or not, experience or not, professional training or not – is a creative real estate investor.

A diverse group, no doubt. However, it may be safe to assume that it is this very diversity which leads to some very significant weaknesses among creative real estate investors.

Due to the lack of coherence of this group, real estate investors are not well represented politically on a state or national level. By contrast, the mortgage bankers, realtors and other players in the system are very cohesive and very well represented. As a result of this cohesion, the mortgage industrys interests are well protected during the development of new regulations, and they are usually the ones who get to dictate what changes are made, and who these changes really benefit.

A case in point is the new Uniform Closing Instructions (UCI) ready to go into effect shortly. They were written by the American Escrow Association, The Mortgage Bankers Association, and The American Land Title and Trust Association who wanted to standardize the closing instructions across the nation in order to make things work better.

If you were hoping that your interests, as a real estate investor, were considered during the crafting of the UCI, think again.

After all, can you picture the committee of the three associations mentioned above (AEA, MBA, and ALTA) sitting around worrying about the fate of the creative real estate investor?

The purpose of the UCI is NOT to protect the real estate investor; its to protect the homeowner and those committees who crafted the new regulations.

Because the creative real estate investor has no representation and plays absolutely no part in the creation or enforcement of these regulations, the real estate investors interests have not been considered in the UCI. I want to make sure you understand that the investor is the last man or woman on the totem pole when it comes to the changes that will affect the real estate industry once these regulations are introduced.

Once put into place, the UCI will have two profound effects:

First, its intent is to protect consumers against fraud without need of Congressional action.

Second, (and this is the part that affects investors the most), it will spell the end of non – traditional deals – short sales, flip sales, double closings, etc. This means there will be a shift back to conventional mortgage practices and traditional investment strategies.

What does this mean to you? It means that most real estate investors will need to be cash buyers who can buy and hold properties for 12 – 24 months. That leaves out a lot of investors.

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pI recommend you claim a copy of my free report, The Uniform Closing Instructions Exposed: Critical Factors You Need to Know In A Dramatically Changing Real Estate Investing Environment at a target=_new href=http://www.uniformclosinginstructions.com rel=nofollowhttp://www.uniformclosinginstructions.com/a/ppYoull find out more about the UCI, as well as real estate investing strategies which comply with the new regulations. I am a nationally recognized expert on real estate investing whos been in the business for more than 30 years. My deals have totaled over $750 million and hes been to the closing table more than 1,500 times. I enjoy sharing my money-making insights and experience with other real estate investors./pbr
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