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Edmonton Real Estate Investing

Vendor Take Back

Vendor Take Back

  A VTB is not some sort of STD, it is a term used in Real Estate which stands for "Vendor Take Back Mortgage". Better stated, a VTB is when the Seller of a property is willing to offer some or all of the financing on that particular property....

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What is a SIMO?

What is a SIMO?

A “Simultaneous Close” or SIMO is when you “buy” a property on paper, and sell it to a buyer on the same day. Here is a step by step on how to set it up. 1. Find a property, and get it under contract. Some important ...

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