Five Things That Add Value When You Sell Your Note
Monday, July 30
If you're looking to sell your real estate note you want the best price available. As note buyers we try to strike a balance between giving the seller good value for the note and realistic business interests. That's why this site includes resources to help you decide whether it's in your interest...
Foreclosing on Real Estate Notes
Tuesday, July 03
In 2008, record numbers of Americans face foreclosure because they signed up for an adjustable rate mortgage or a subprime lending "product" designed to lure them in with easy initial payments, then hammer them with a big increase later on. In many cases it looks like the banks are a little too ...
How To Protect Your Mortgage Note With Current Taxes and Insurance
Friday, June 15
A buyer failing to make payments on the mortgage note isn’t your only worry.Understandably, a buyer that stops making payments is a major concern when using owner financing. After all, a seller-financed note is a very valuable asset.Unfortunately many sellers fail to protect their asset when it c...
Why Do Property Owners Offer Seller Financing?
Friday, June 01
1. Reduces Marketing Time What is the first thing a real estate agent does when property is not moving and has been on the market for 60 to 90 days? They reduce the price and add the tagline “price reduced” to all advertising and signs. Rather than reduce the price, it might be beneficial for the...
Payment Histories Increase Note Values
Tuesday, May 15
Want top dollar when selling mortgage notes?Increase the value with payment histories!Keeping an accurate record of the payments received on a mortgage note is essential for knowing how much the buyer still owes. This also establishes a record of their payment habits – with an added benefit.The ...
Owner Financed Notes and Interest Rates
Tuesday, May 01
The interest rate a seller agrees to accept when providing owner financing to the buyer has a large impact on the note’s value. Unfortunately, many sellers overlook this important decision. Why Private Mortgage Note Interest Rates Matter Inflation Fighter Each year it seems the cost to buy the b...