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Tax Liens & Mortgage Notes

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Tony Tomasek
  • Real Estate Investor
  • Las Vegas, NV - LAS, NV
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168
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Selling Performing Notes

Tony Tomasek
  • Real Estate Investor
  • Las Vegas, NV - LAS, NV
Posted Dec 8 2008, 09:58

I am considering selling a property to a private individual with owner financing. My father and I have held mortgages on properties before, but never thought about selling the mortgage to someone. How should I best structure the mortgage to get maximum value for the note?

I am looking at selling a property that has comparables at 65,000 for 55,000 and taking a 50,000 dollar mortgage. What rates/terms are the most valuable to note buyers?

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