Knowing how to find cash flow notes is the most important skill note brokers and buyers can learn. It can also be the most difficult. Why? Well it can seem a lot like looking for the proverbial needle in a haystack. … [Read more...] about How Can I Find Cash Flow Notes?
Questions on Selling Mortgage Notes
Owner financing is on the rise with more sellers agreeing to accept payments from buyers. There are many reasons people agree to a carry-back real estate notes including: Quick sale of the property Monthly income from the note No hassles of bank financing More qualified buyers Property that is hard to sell or finance Rather than waiting 20-30 years for payments, … [Read more...] about Questions on Selling Mortgage Notes
Selling Mortgage Notes – Where Have All The Simos Gone?
This month’s owner financing real deal comes from our email inbox. Chances are this simultaneous closing question has been on your mind too. Question: I'm a rehabber in Florida and would like to have a company … [Read more...] about Selling Mortgage Notes – Where Have All The Simos Gone?
Why Sell My Mortgage Note?
Owner financing seemed like a good idea at the time. Let the buyer make payments and get the property sold. After all the seller carry back is known for attracting purchasers and providing quick closings, without the hassles or fees of a conventional bank loan. But circumstances change and many sellers would prefer a lump sum of cash today rather than monthly payments that … [Read more...] about Why Sell My Mortgage Note?
Note Buyers Demand Original Promissory Note
In an effort to hang on to homes in foreclosure many owners are telling banks to, “Show Me the Note!” It looks like Wall Street lenders are learning something private note buyers have known for years… When buying and selling mortgages or trust deeds you need to get the original promissory note! Put it in a safe place where it won’t get lost and make sure it comes with … [Read more...] about Note Buyers Demand Original Promissory Note