Keeping an accurate record of the payments received on the promissory note shows how much the buyer still owes along with their payment habits. Plus, note sellers can also improve the value of their note by providing a verifiable payment history to the investor! … [Read more...] about Increase Value with Payment Histories
Archives for 2008
What is Due Diligence?
Before a note investor will pay cash to a seller for future payments, they perform what is called “due diligence”. This is really just a fancy word for research. You can simplify the process by being prepared for these common requirements. … [Read more...] about What is Due Diligence?
Real Deal #142 – Balloon Note in Florida
Welcome to Note Investing Real Deals! It’s always easier to learn from real life so here we share information from actual owner financed transactions. Today, we're discussing a balloon note in Florida. It was a nice home in Florida with the seller asking $234,000. The buyer was eager to purchase the property and had saved almost 10% for a down … [Read more...] about Real Deal #142 – Balloon Note in Florida
Know Your Market
Marketing is THE KEY to success for any business. Successful note brokers can answer these four important marketing questions. 1. Who is my target audience? … [Read more...] about Know Your Market
Real Deal #141 – Bagel Business Note
Welcome to Real Deals! It’s always easier to learn from real life so here we share information from actual owner financed transactions. Dream of owning your own business? Seller financing helps many business owners reach this dream. Traditional bank financing can be difficult to obtain when the sale of a business does not include real estate. The Bagel Shop … [Read more...] about Real Deal #141 – Bagel Business Note