Looking for Note Buyers and Investors?

Then mark your calendar for the 23rd Annual NoteWorthy Convention to be held November 10-12, 2009, in San Diego, CA. Note buyers from across the country are looking to develop business through note brokers at this once a year event. You will have the chance to participate in professional workshops, informative roundtable discussions, and face-to-face informal gatherings with investors.  Learn to sell, broker, or buy owner financed notes, mortgage, trust deeds, and real estate … [Read more...]

Home Builders Offer Seller Financing Incentives

It was one of the first signs of a weakening housing market. Builders desperate to move increased inventory started offering incentives in hopes of enticing buyers to their developments. These incentives ranged from … [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...]