How To Keep Your Original Mortgage Note Safe
Sunday, April 15
Can you easily locate the original mortgage note? This important legal document should be kept in a safe place, and here is why! The promissory note is a promise to pay or IOU from the property buyer. It spells out the amount due and terms of repayment. In legal jargon it is known as a negotiab...
Can I Sell Part of my Mortgage Note? I don't want to sell the whole thing!
Sunday, April 01
Owner Financing doesn’t have to mean waiting years or decades to receive money. Sellers have the choice to sell all or just part of their future payments for cash today. Option 1 – When note buyers purchase all the remaining payments on a land contract, mortgage note, or trust deed it is consider...
How To Sell Your Property FASTER with Owner Financing
Thursday, March 15
When a property isn’t selling most real estate agents are quick to suggest a reduction to the sales price. It is common to see the tag line “Price Reduced” added to for sale signs, listings and ads. Rather than just reducing price… consider offering owner financing to sell your property quicker! ...
"Non-Performing" Mortgage Notes - Residential and Commercial
Thursday, March 01
Dunbar Note Funding is proud to announce that we have now added "Non-Performing" Loan Portfolios to the list of notes we purchase. Non-Performing Loan - A loan that is not currently being paid on, it is "delinquent" but not yet foreclosed on. Portfolio - A group of notes bundled togeth...
Avoid Three Seller Financing Mistakes
Sunday, February 19
Would you rather have $97,000 to sell your $100,000 note or only $80,000? The difference in usually comes down to the big three. Here’s the three biggest mistakes note sellers make and how to avoid flushing money down the drain. Mistake #1 – Failing to Check Credit The payer’s credit re...
Why Would You Sell Your Mortgage Note?
Wednesday, February 15
Accepting payments on the sale of real estate might have made sense at the time, but circumstances change. Many sellers discover they would now prefer cash today rather than the small amount that trickles in each month. Here are just a few reasons people have sold all or part of their seller fin...