Goodbye Bank Mortgages

Banks place mortgages on land holdings which are registered at the titles office and as on any title, rights, leases, overlays and encumbrances are sometimes, not always, noted.

   Any house on a property may be removed, renovated, and sold, provided the value of the landholding is still equitable, so when an owner chooses to create a Guardian Right on his property, he sets an option date where he can reunite the two halves so to speak.

   As with renting your home, different states have differing rules, and these leases are mostly never registered, but if they are, they are there to protect the tenant and are specific to that tenant.

   There are many ways to own a property and many years ago, I purchased a dairy farm using vendor terms, where I required only $200 to buy a 1.3million dollar property which came with cows, tractors trucks and the like, and I set the terms to pay back the 400K she left in over 5 years at 8% interest.

   After paying her back using some subdivision skills in 3 years, I sold a house to someone the other way round, where I took a deposit and gave them a year to sell their property and pay me out. This house carried a mortgage as one of 8 properties being used for a different project, so this shows how we can use contracts to benefit one another.

   Guardian houses under right cannot be removed from the landholding as per the terms and conditions agreed upon, which is good for a Bank so the issue that may arise with a Bank will be to do with the need for the rent from the house to help the mortgagee cover his payments.

   Because Bank uses the title office to protect itself, they are not currently in the business to finance a Guardians home which although attached to the land, now has a vehicle to sell it off and buy it back later, and this has opened the door to many investors being able to finance this system for which the bank will benefit, as part or all of the debt owed against a property could be repaid in a lump sum.

   This change also notes that there are no renters in the Guardianship system so payments rather than rent now need to use the straight-line reducing system to make the lending transparent, removing the amortised system that is unable to be calculated to be true.

   Another mention is that the lever of the Reserve Bank to raise or lower interest rates will not affect the peer-to-peer lending and therefore protect the Guardian/tenant and the Investor.

   The protection of the people, is the guardianships main concern.