Worried about your financial privacy being compromised as you borrow money to buy a home? You should be. Borrowing money without bank secrecy and financial privacy is a sure way to having undesirable eyes peek at your credit report or other confidential personal information which will provide a clear path to your door by someone who you may not want paying you a visit. In Privacy Crisis Banking, my new book, I explain how it is possible to borrow money privately for a home purchase. Indeed, I’ve done that myself. Here is an excerpt from the book:
“I borrowed an amount equal to 100 percent of the value of a property I expected to buy. Of course, I documented the loan from the entity to me personally through the proper meeting, and internal company paperwork was properly completed, as well. The funds were deposited into a bank account held by a trust of which I am the signer, and I am a trustee of the trust holding the bank account.
I negotiated an interest rate of 4% for the life of the loan with a major financial institution. The source of funds was a single, non-secured credit line. I owed the entity for the money loaned to me and advised the institution providing the personal, non-secured loan to pay the entity directly and in full for the amount of my debt. A check was issued, as per my instruction.
Money borrowed from the entity holdings remained in the trust checking account, and I used this money to buy a home for cash.
An invisible home mortgage was created.”
This is the method I and others have used to fund home purchases when privacy is a top priority. Always make certain to have a payment plan in place when money is borrowed. Make sure to follow the provisions and guide lines of your loan agreements with banks and other financial instituions.
You may be interested in one or all of our FREE E-MAIL PRIVACY COURSES.
My e-book, Privacy Crisis: Identity Theft Prevention Plan and Guide to Anonymous Living provides information on how to travel, bank, work, and live anonymously in the U.S.A. or anywhere in the world. I and others use all principles and concepts in the book. The book is available for purchase and immediate download. You can be solving your personal privacy crisis in just minutes from NOW!
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Grant Hall
[...] Borrowing money privately for a home creates an “invisible home mortgage” and keeps your residence safe from unwanted privacy invasions. Escape from a stalker or other tormentor and learn how to be invisible as you drive-no one can identify you through your license plates when you register your car privately. Subscribe to our Free e-mail privacy courses: [...]
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