Cashing Out - How to Quickly Get Cash for You Seller Financed Note
Friday, April 23
Today, more people selling their properties have discovered that using seller financing can help them sell their properties more quickly and in many cases, for a lot more money. They have learned that using this powerful technique has many benefits for both sellers and buyers. But one of the most...
Get More Money For Your Property with Seller Financing
Wednesday, April 21
If you’re like most people selling a property, than you want to get as much money for it as possible. Regardless of whether you’re planning to sell it yourself or to work with a real estate professional, Seller financing is a surefire strategy that can help you sell your property more quickly for...
Seller Financing - Don’t Sell Your Property Without It!
Monday, April 19
Here’s How to Get the Most Money for Your PropertyFor most people, the prospect of selling their home can be positively daunting. First, there are usually plenty of things to do just to get it ready for the market. Besides the traditional clean-up, paint-up, fix-up chores that invariably wind up ...
The "Infamous" Balloon Payment...
Friday, December 11
NOTE: This post is being updated due to a typogrphical error in one of our examples below...This post will deal with whether or not you add a Balloon Payment provision when structuring a seller financed real estate note or contract. The obvious reason that a balloon payment is made part of a not...
Tax Reporting For Real Estate Note Holders...
Tuesday, December 08
When real property is sold, and a real estate note and deed of trust/mortgage are carried back by the seller as part or all of the purchase price of the property, the gain on the sale is reported on the seller’s tax return as an installment sale. The amount of interest received each year by the ...
Real Estate Note Safety... Part Two
Monday, December 07
This is Part Two of my two-part post on real estate note safety... Note Safety—Storage It is important to keep your original note in a safe place such as a safe deposit box or a fireproof safe in your home. Make a photocopy to keep with your trust deed and other escrow papers. There are two re...