What Determines a Mortgage Note’s Value?

Mortgage Note Value

The second you get past explaining, “What is a private mortgage note?” the next question is, “How do you determine its fair market value?” There are a lot of variables that go into a Note Buyer determining how much a note is worth for lump sum purposes – and each investor may have different hot buttons. Here are the main ones… 1. Credit Score How is the credit on the people who are paying on the mortgage note? Obviously the higher the credit scores the better. That said, many people carry … [Read more...]

3 Notes Mortgage Buyers Just Aren’t That Into

Note Turn Down

Private mortgages aren’t going to be perfect. Note buyers know this and that makes them pretty good at finding creative ways to safely buy mortgage payments. But there are some notes and land contracts that just don’t make good investments. Save yourself time and marketing dollars by knowing the three notes that investors just aren’t that into. … [Read more...]

UPDATE on HR 1728: How Congress Wants to Change Seller Financing

Vote NO

There is growing and legitimate concern over how Bill HR 1728 would severely restrict seller financing. Be sure to read this informative update. … [Read more...]

Should You Work with Private Investors?

With the stock market plummeting by the minute, you may have a few friends, business associates, or relatives asking more about notes – specifically investing in them.  There is no question investing in notes can be a very lucrative venture. If you have your own money you can receive a great yield. If you don’t have your own capital, you can “broker” the deal to a Funder for a nice referral fee or commission. Private investors however are in a category by themselves.  First off, if you were to … [Read more...]

Avoid Three Costly Mistakes!

money-flush290_200

Would you rather have $97,000 to sell your $100,000 note or only $80,000?  The difference usually comes down to the big three. Here’s the three biggest mistakes note sellers make and how to avoid flushing money down the drain. … [Read more...]

Moneymaking Opportunities with Notes!

Making Money With Notes

Whether a seller, investor, or note broker, there are many opportunities to make money with owner financed or seller carry back notes.  There is a lucrative secondary market for seller financed notes also known as the paper business. Here are a few of the most common ways people make money in the note business. Maximize Selling Profits A seller often takes back financing for a buyer to appeal to a larger group of buyers and maximize the sale price. A property seller may also elect to take … [Read more...]

What is Seller Financing?

soldpeople

When a seller allows a buyer to make payments over time for the purchase of property, it is known as owner financing or seller financing. … [Read more...]