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A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
In the application of creative financing, a land trust can be used to take control of a property while keeping the name of the owner private. While this does not prevent the lending institution from invoking the due on sale clause, it will make it harder for the lending institution to detect that the property has been sold using creative financing.
According to a Montana Free Press (MTFP) analysis of revenue department data for the 956,000 properties on the state’s property tax rolls in both 2022 and 2023, the median Montana residential ...
Blixseth ultimately ended up with a large amount of developable land adjacent to the Big Sky Resort in Montana. [5] The Yellowstone Club private ski and golf community was developed by Blixseth and used as collateral for a $375 million syndicated loan where the proceeds were used for other purposes, including an effort to build an exclusive ...
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With cash and land from his 1995 deal with the U.S. Forest Service, Blixseth began development of 15,000 acres (61 km 2) of pristine Montana real estate outside of Big Sky. Blixseth said to a Montana Bankruptcy court as "I started the club with a pick-up truck and a hammer."
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