If you offer a house or condo for sale with owner financing, 5% down,
we or our investors will purchase the 95% LTV owner financing note
for about 90 cents on the dollar AT CLOSING, provided that the buyer
is going to live in the house and has OK credit. It doesn't have to
be great credit, but please, no recent bankruptcies, foreclosures,
etc. Price the home at full appraised value. We can also do this
with duplexes, triplexes and fourplexes, but with multiple units you
may have to carry back a small second.

We prefer a 30-year amortization note with no balloon payment or
prepayment penalty. The interest rate you charge is up to you.
However, once we examine the buyer's credit report we will tell you
what interest rate would maximize the payout to you at closing. Call
us at any time to discuss what the prevailing rates are for seller
financed notes.

Ad suggestion: Begin the ad with "Owner Will Finance." You also
should mention that a down payment and recent OK credit will be
required. This is to screen out "nothing down" and bad credit buyers.

Mark Hovila
Kelvin Capital
800-586-2099 or 206-368-7633
fax 206-306-1917
mh@hovila.com
www.kelvincapital.com