Mortgage Secrets: How To Get Other People To Pay Your Home Mortgage - part 1
by James Wilson
Everyone dreams of becoming a home owner, and when that day finally comes, it may be a little more difficult than expected to stay current on payments and organize household finances.
And, while there are a number of loans and financial provisions that can be made for individuals in a number of different situations, I'd like to share one method I used to get other people to pay my monthly house payment-mortgage sponsorship.
Mortgage sponsorship is the process of soliciting other businesses to cover your mortgage costs, while providing free advertising for the business.
Mortgages are auctioned off, mostly online at eBay, and businesses can bid on the mortgages they are willing to pay in exchange for excessive publicity for a specified amount of time.
This system seems to work pretty well, since businesses are continually looking for more exposure, and a story about an unusual sale on eBay will almost always do the trick.
In my case, the winning bidder's business is spotlighted for six months on my web site, so that both the homeowner and the business can receive the maximum benefits as a result of the deal.
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Mortgage Secrets: How To Get Other People To Pay Your Home Mortgage
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