SUCCEEDING AS A MORTGAGE NOTE FINDER
Thursday, November 12
Most people in the U.S. haven’t a clue about what a mortgage note is, much less anything about the job of a note buyer. Owner-financed mortgage notes are a small slice of the overall real estate market and note buyers are in a fairly tiny niche.However, there are people in the industry who come ...
UGLY NOTES AND HOW TO DEAL WITH THEM
Monday, May 18
Any mortgage note buyer who has been in the business for more than a few months knows that most mortgage notes that are out there have some sort of baggage associated with them. The perfect mortgage note – beautiful property, strong payer credit, excellent equity, good seasoning, etc. – does not...
2015 Looking Good for Note Buyers
Monday, January 05
For many of us in the mortgage note business, 2014 was a very good year, and 2015 should be too. Several elements have contributed to this success. First, rising home prices have made many note buyers more confident, as well as providing us with higher appraisal values. Second, low interest ra...