Owner financed notes often include a balloon payment requiring the buyer to refinance in order to payoff the remaining amount due the seller. But what options are there for notes when a balloon is due but the buyer can’t refinance? Should the seller consider extending? Here’s a look at a common dilemma facing sellers and note brokers. (Note: The specific details were … [Read more...] about What to Do When a Balloon Mortgage Payment is Due – Real Deal #158