{"id":74,"date":"2007-01-13T02:49:52","date_gmt":"2007-01-13T07:49:52","guid":{"rendered":"https:\/\/matthewchan.com\/2007\/01\/13\/ga-bixlers-book-review-of-the-turnkey-investors-subject-to-mortgage-handbook\/"},"modified":"2016-10-31T09:45:55","modified_gmt":"2016-10-31T13:45:55","slug":"ga-bixlers-book-review-of-the-turnkey-investors-subject-to-mortgage-handbook","status":"publish","type":"post","link":"https:\/\/matthewchan.com\/?p=74","title":{"rendered":"G.A. Bixler’s Book Review of “The TurnKey Investor’s “Subject To” Mortgage Handbook”"},"content":{"rendered":"

\"tkisub2.jpg\"G.A. Bixler recently submitted her latest\u00a0book review of\u00a0one of my\u00a0consistent selling books, “The TurnKey Investor’s “Subject To” Mortgage Handbook”.<\/span><\/p>\n

Matthew Chan”s latest book for TurnKey Investors is for experienced investors who “wish to expand their financial repertoire by utilizing the \u00e2\u20ac\u02dcsubject to” mortgage” (p.5) This review is based upon that guiding principle inasmuch as I, myself, am not one of those experienced investors, though my background was in directing lease management for a major educational institution. I therefore have a basic understanding of the logic behind and in real estate activities.<\/span><\/em><\/span><\/p>\n

I believe this is an important point to emphasize.\u00a0 Why?\u00a0 Because as I began to read, I found myself uncomfortable with the concept being presented.\u00a0 Specifically, “subject to” mortgage investing is a method of acquiring property by taking title and possession of real estate, but leaving the seller”s existing loan in place\u00e2\u20ac\u201da form of seller financing.\u00a0 It is to the author”s credit that he immediately identifies this as a problem for inexperienced readers.<\/span> <\/em><\/span><\/p>\n

Therefore, Chan confronts the issue!\u00a0 After explaining the primary fundamentals or activities of acquiring property through this process, in Chapter 3 he provides an excellent source of references for readers to confirm the “legitimacy” of the process, including examples of forms used by the U.S. Department of Housing and Urban Development.<\/em><\/span><\/em><\/span><\/p>\n

Having read several of Chan”s reference books and after sufficiently negating my earlier qualms, I settled back to be “trained.”\u00a0 Certainly Chan has the intelligence, experience and knowledge to write books in his professional field.\u00a0 However, I have found that Chan has also developed an excellent teaching skill by which he uses his writing for effective training purposes.\u00a0 Investors or property managers should feel comfortable asking their own staff to learn and begin using the “subject” to mortgage transaction based upon using Chan”s handbook.\u00a0 <\/em><\/span><\/p>\n

Let”s see what he has to tell us!<\/em><\/span> First, knowing that this is a little-known and little-used process, Chan advertises its availability “we buy houses fast.”\u00a0\u00a0\u00a0This catches the eye of those needing to sell their hours fast!\u00a0 What that means is that a target audience is usually available.\u00a0 Why?\u00a0 Because there are always those individuals who have just changed jobs and therefore need to relocate quickly.\u00a0 Or there are those individuals who sadly face divorce or the loss of a loved one and find that they can no longer pay the high mortgage costs.\u00a0 For whatever reason, needing to sell property quickly is oftentimes a traumatic experience.\u00a0 And, for many, waiting for financial institutions or real estate agencies just isn”t the answer.\u00a0 <\/em><\/span><\/p>\n

Having personally been in this situation, I must admit I looked favorably at this option once I realized how it worked.\u00a0 Because I had lost my job and knew I could not keep up my mortgage payments as a single professional woman, I immediately posted my home for sale.\u00a0 It was a nightmare as I first had to “fix” one thing after another and then wait for someone who might “happen” to come along and want to buy my home.\u00a0 It was just serendipity that I was able to acquire a small cabin in a nearby state and maneuver each activity to be able to both sell and buy another home as well as relocate within the time allotted; i.e., by when I would receive my last pay check! <\/em><\/span>Matthew Chan could have offered me a much simpler option!\u00a0 And his book includes pictures of the wide variety of houses that they have acquired through the “subject to” mortgage process.\u00a0 In essence, Chan”s company would have taken over my former home as property managers, using the loan I already had in place.\u00a0 <\/em><\/span><\/p>\n

Now, individuals considering this option would need to understand quickly that they would continue to have an outstanding mortgage loan in their name.\u00a0 But somebody else would be paying that bill.\u00a0 And somebody else would have total control of the property.\u00a0<\/em><\/span>In essence, then, the seller in the position of having to quickly relocate has a little-known option if there are individual investors willing to handle their property.\u00a0 The Turnkey Investor”s program has the ability to do this…and then use your former property to enter into a lease-option activity with another individual.<\/em><\/span> I”ve personalized this review to ensure that individuals who may hear of this process will understand its potential in their own lives.\u00a0 <\/em><\/span><\/p>\n

However, the book, for the professional, includes all the many details necessary to ensure that they are able to handle a “subject to” mortgage investment if or when the opportunity arises.\u00a0 It takes a professional agency willing to help individual property owners. At the same time, the agency must have already invested sufficient research and experience in their field to make the process work within their agency. For those professionals wishing to consider “subject to” mortgage investing, this book is a must-read<\/strong>!<\/em><\/span> G. A. Bixler<\/em>\u00a0<\/span><\/p>\n

I thank G.A. Bixler for her careful review and scrutiny of my book.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

G.A. Bixler recently submitted her latest\u00a0book review of\u00a0one of my\u00a0consistent selling books, “The TurnKey Investor’s “Subject To” Mortgage Handbook”. Matthew Chan”s latest book for TurnKey Investors is for experienced investors who “wish to expand their financial repertoire by utilizing the \u00e2\u20ac\u02dcsubject to” mortgage” (p.5) This review is based upon that guiding principle inasmuch as I, […]<\/p>\n","protected":false},"author":1,"featured_media":113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":true,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11,4],"tags":[],"class_list":["post-74","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-book-reviews","category-turnkey-investing-series","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/matthewchan.com\/wp-content\/uploads\/2007\/04\/tkisub2.jpg","jetpack_shortlink":"https:\/\/wp.me\/p927L-1c","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":52,"url":"https:\/\/matthewchan.com\/?p=52","url_meta":{"origin":74,"position":0},"title":"Midwest Book Review’s Comments on “The TurnKey Investor’s ‘Subject To’ Mortgage Handbook”","author":"Matthew Chan","date":"October 16, 2006","format":false,"excerpt":"Earlier this year, Midwest Book Review generously evaluated two of my books.\u00a0 One of them (from March 2006) included \"The TurnKey Investor's 'Subject To' Mortgage Handbook\".\u00a0 Here are their comments... The TurnKey Investor's \"Subject To\" Mortgage Handbook is a guide written especially for the independent-minded investor who is seeking a\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55,"url":"https:\/\/matthewchan.com\/?p=55","url_meta":{"origin":74,"position":1},"title":"Graciela Sholander’s AudioBook Review of “The TurnKey Investor’s ‘Subject To’ Mortgage Success Secrets”","author":"Matthew Chan","date":"October 18, 2006","format":false,"excerpt":"This audiobook review by Graciela Sholander was originally done in January 2006 and can be seen on Amazon.com. This concise introductory audio program provides the responsible property investor an overview of \"subject to\" mortgage transactions. If you've heard about \"subject to\" and wonder what it's about, and whether or not\u2026","rel":"","context":"In "Audio Programs"","block_context":{"text":"Audio Programs","link":"https:\/\/matthewchan.com\/?cat=33"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45,"url":"https:\/\/matthewchan.com\/?p=45","url_meta":{"origin":74,"position":2},"title":"Graciela Sholander’s Book Review of “TurnKey Investor’s ‘Subject To’ Mortgage Handbook”","author":"Matthew Chan","date":"October 10, 2006","format":false,"excerpt":"\u00a0This insightful book review on \"The TurnKey Investor's 'Subject To' Mortgage Handbook\" was written by Graciela Sholander.\u00a0 I am grateful for her kind words. Take an investment property subject that\"s potentially challenging to grasp, get an expert investor to explain it, and what do you have? Matthew S. Chan\"s simple-to-understand\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":289,"url":"https:\/\/matthewchan.com\/?p=289","url_meta":{"origin":74,"position":3},"title":"New TurnKey Investor’s Seller-Financing Seminar Recorded","author":"Matthew Chan","date":"April 8, 2008","format":false,"excerpt":"Two weeks ago, during my blog hiatus, my friend Tony Calloway and my business partner Wes Weaver joined me in hosting and conducting a brand-new seminar, \"The Turnkey Investor's Seller-Financing Short Seminar\". Essentially, this is a more advanced seminar that builds upon and expands the content of \"The TurnKey Investor's\u2026","rel":"","context":"In "Audio Programs"","block_context":{"text":"Audio Programs","link":"https:\/\/matthewchan.com\/?cat=33"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43,"url":"https:\/\/matthewchan.com\/?p=43","url_meta":{"origin":74,"position":4},"title":"G.A. Bixler’s Book Review of “TurnKey Investing with Lease-Options”","author":"Matthew Chan","date":"October 10, 2006","format":false,"excerpt":"This kind book review of \"TurnKey Investing with Lease-Options\" was written by G.A. Bixler. If I were still working, I would be reading Turnkey Investing with Lease-Options as I would an excellent novel!\u00a0 Indeed, I was not only impressed with this book; I was amazed!\u00a0 The main reason for my\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":511,"url":"https:\/\/matthewchan.com\/?p=511","url_meta":{"origin":74,"position":5},"title":"TurnKey Publisher Book Series Reviewed by Midwest Book Review","author":"Matthew Chan","date":"August 6, 2009","format":false,"excerpt":"This was first posted on \"The TurnKey Publishing Blog\". ==== I had almost forgotten I had submitted to Midwest Book Review copies of my newest books \"TurnKey Publishing\" and \"The TurnKey Publisher's Audio Publishing Handbook\". I am happy to announce they did a favorable write-up for the two books. I\u2026","rel":"","context":"In "Book Reviews"","block_context":{"text":"Book Reviews","link":"https:\/\/matthewchan.com\/?cat=11"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/matthewchan.com\/wp-content\/uploads\/2009\/08\/turnkey-publisher-set.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"builder_content":"","_links":{"self":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts\/74","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74"}],"version-history":[{"count":0,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/posts\/74\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=\/wp\/v2\/media\/113"}],"wp:attachment":[{"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/matthewchan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}