Archives for April 2009

Cashing in on Experience – Using Master Broker Services

Whether you are new to the industry or a seasoned veteran, a helping hand is always appreciated.  This is especially true when entering into the owner financed mortgage industry as a new note broker.  Why spend years recreating the wheel to gain the knowledge you need to make money today? Take advantage of the knowledge, experience and volume pricing offered by a Master Broker to help you reach your goals for financial success.  Essentially, a master broker offers a mentor program to the broker … [Read more...]

Owner Financing – Why Balloon Payments are Good for Mortgage Notes

A balloon payment is a common addition to an owner-financed note, mortgage, trust deed or land contract. Savvy sellers, real estate professionals, and note brokers know this is by design rather than accident. Here’s why balloon payments can be good for mortgage notes: (Editor's Note: Please be sure to read the updated comments at the end of this article pertaining to changes in market conditions related to balloon payments since this article was initially published.  Also refer to How Dodd … [Read more...]

Owner Financing – Avoid 5 Balloon Mortgage Pitfalls

Using a balloon payment with owner financing can be a valuable addition to a mortgage note or land contract. Unfortunately many sellers and buyers unknowingly combine a balloon payment with high risk factors turning a positive into a negative. Be sure to avoid these common pitfalls when considering seller financing with balloon mortgages. … [Read more...]

Owner Financing – 21 Insider Secrets You Must Know Before Selling a Mortgage Note

  What if you had inside information? What if there was someone who really knew the secrets that could make or save you thousands of dollars? Well, there is... The time has arrived to remove the cloak of mystery surrounding selling or brokering notes. There are simple truths surrounding owner-financed notes that should be revealed. Too many people leave money on the table through lack of information. Worse yet, others prey on that lack of knowledge. Whether a note seller, buyer, … [Read more...]

Gain Privacy and Protection with Land Trusts-Part 2

Investors interested in building wealth by controlling equity in property are using the Land Trust to utilize the many benefits previously outlined in Part 1 of Gain Privacy and Protection with Land Trust. Investors often use the Land Trust as the safe and easy vehicle of preference by not awakening the institutional “sleeping giant” - the infamous due on sale clause contained in almost all Deeds of Trust and Mortgages … [Read more...]

Contest Winners Announced!

Congratulations to the winners of the "Refer a Friend" contest.  The following three subscribers received a free copy of Personal Profit Series Notes: Christal C. – Norcross, GA Mohammad E. - CA Peter P. – Downingtown, PA Thanks for participating! … [Read more...]