How to be Property-Owning MVP
We often work with individuals and families who are finding themselves in the middle of a credit crunch. It can be difficult for these folks, but we’ve been through it enough times to know that the situation is probably not as bleak as they think.
Sometimes we go through periods in life when we face challenges that make us wonder if we’re doing things right. I want to share a couple of facts that shed light on the way we plan our financial futures. Stick with me on this, because we’re going to start this discussion in an unusual place.
The kickoff
Do you have a favorite football team? If you do – or even if you don’t – you have probably read about the NFL draft and how teams sign their rookies to some pretty big contracts. It seems like a glamorous life, doesn’t it? Making millions of dollars each year, these guys should be on “Easy Street” for the rest of their lives. Right?
The truth is something different. I just read that 78 percent of all former NFL players are bankrupt, or nearly so, within two years after their playing careers are over.
Why is this so? The answer is simple: They spend all their money. If these football players had the wisdom to put their money in solid investments, such as real estate, they could look forward to years of financial stability after their playing careers are over.
For for it on 4th down
So here’s my bottom line today: Even if you’ve been turned down by a conventional lender, you’re very wise to be buying real estate, whether it’s for your own home or as an investment property. In fact, putting yourself on the path to property ownership, in the long run, is a good way to prove yourself wiser than 78 percent of all retired professional football players.
Little boys and girls across America may never put a poster of you up in their bedrooms, but you’re a leader when it comes to planning for your financial future.
On top of that, at Evoque Lending, we’ll treat you like a Heisman Trophy winner when you come into our office. We have the staff, the experience and a system that all work together to get you a quick answer on your loan application. We can close in as few as seven to 10 days.
And while conventional banks may “throw you for a loss” due to a number on your credit report, that isn’t important to us. Just like NFL scouts judge talent by looking at what a player can actually do, we look at the value of your property and your ability to make your payments.
Work the clock
We can usually get you into the property you want and give you the time to relax, plan your financial future and take the next step when you’re ready. With more than 15 years of experience in Los Angeles, Orange County, and San Francisco real estate, we know what a solid investment property in the Golden State is. And with a 1st Trust Deed from Evoque Lending, you can participate in this lucrative market.
So don’t be like the 78 percent of former NFL players who failed to invest in assets that appreciate in value over a lifetime. Don’t let a turndown from a conventional lender, upset your plans. Call or email us today so we can get you back into the game.