Sale & Leaseback To Relative Saves Homes

A SALE & LEASEBACK to a relative is the number one way to prevent foreclosure. Also known as a friendly sale, this technique allows a homeowner to give up only tax benefits until the market brings prices not only back, but higher. For details on how this technique works email Real Estate Blocks.

McMurdie’s Real Estate Rule No. 48: hold real estate through busts as the market will not only come back, but go higher. The preceding Rule is No. 47: real estate recessions can always be seen coming, sell all properties you cannot hold for at least three years of bust.