Podcast 31: Pros and Cons of a VTB and how to structure one
Podcast 31: Pros and Cons of a VTB Mortgage and how to structure one (Vendor Take Back Mortgages)
If you're considering purchasing a property or coming up with creative strategies to get your listings sold, you may be considering a vendor take-back mortgage. VTB’s are a type of financing structure where the seller provides a loan to the buyer. Let's take a closer look at the advantages and disadvantages of this financing option.
Vendor take-back mortgages can be a good option for some buyers, especially those who may have difficulty qualifying for a traditional mortgage. However, it's important to weigh the pros and cons carefully before making a decision. If you're considering a vendor take-back mortgage, be sure to do your due diligence, negotiate the terms carefully, and have a clear contract that outlines the terms of the loan.
Watch this podcast on YouTube:
https://www.youtube.com/watch?v=NRXymHZmwXw
Schedule a 15-minute Zoom call with Ken:
https://www.broadviewavenue.ca/appointments
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Subscribe now to keep updated for more information. If you want to chat with us, do the following:
Send an email at ken+blog@broadviewavenue.ca; or
Send a direct message on my Instagram account below; or
Book an appointment for a 15-minute video chat using the link on our website.
If you’re not ready to reach out and just want to follow for more, find us online:
YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
Instagram: https://www.instagram.com/kennethyimhomes
TikTok: https://www.tiktok.com/@kennethyimhomes
LinkedIn: https://www.linkedin.com/in/kennethyimhomes
Facebook: https://www.facebook.com/BroadviewAvenue
Web: http://www.broadviewavenue.ca
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PODCAST (VIDEO):
PODCAST (AUDIO):
Your browser doesn't support HTML5 audio
Podcast 31: Pros and Cons of a VTB and how to structure one
LINKS TO PODCAST:
FOLLOW US HERE:
Web: http://www.broadviewavenue.ca
YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
Instagram: https://www.instagram.com/kennethyimhomes
TikTok: https://www.tiktok.com/@kennethyimhomes
LinkedIn: https://www.linkedin.com/in/kennethyimhomes
Facebook: https://www.facebook.com/BroadviewAvenue