Creative financing in real estate

Most people with a good crdit rating don not need creative financing for real estate. Also, most buildings in good mortgageable condition do not need creative financing. Basicall creative financing is a way for a less than credit worthy person to buy a less than mortgageable house. Sometimes, creative financing can get a little too creative and is actually illegal in some states. In Pennsylvania for instance, it's not legal to puff the price of the real estate so that the buyer gets all settlement costs paid as well as a monetary kick back at the settlement table. (I worked in real estate in the 1980's and I saw this done a number of times although it was not legal)

Anything creative which has nothing to do with art or handcrafted work, is not so good... except for creative thinking in discussions -LOL- You have creative bookkeeping as well. May work for a while, till you're caught. Remember Endron! Creative expenses accounts are also very popular, in all ranks of society... Basicallly there is a little fishy thing going on when creative is connected with it....