Avoid Three Costly Mistakes!

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

Real Deal #141 – Bagel Business Note

Welcome to Real Deals!  It’s always easier to learn from real life so here we share information from actual owner financed transactions. 

Dream of owning your own business?  Seller financing helps many business owners reach this dream. Traditional bank financing can be difficult to obtain when the sale of a business does not include real estate. The Bagel Shop and Deli note highlights how owner financing can be an effective solution. Read more

The State of the Note Industry

Around the country real estate markets have softened leaving a glut of inventory, decreasing values, and extended marketing times.  The result? More sellers are offering to finance a portion of the purchase price for the buyer in an effort to “Move that House”!

While sellers are motivated, lenders on the other hand are hunkering down or running scared.   In the face of the credit crunch and increasing foreclosures, lenders have tightened underwriting requirements.  Fewer loans are being originated and this also contributes to an increase of seller-financed private mortgages.

While the upside is increased private note inventory, the downside is fewer notes can be sold to investors.  While seller financing is an alternative to bank financing, note investors are not Read more

Real Deal #140 – Retirement Account Purchases Texas Note

Welcome to Real Deals!  It’s always easier to learn from real life so here we share information from actual owner financed transactions.

Small balance notes are often passed over by larger institutional type investors. This provides high yielding investment opportunities for private investors and self-directed retirement accounts.  This well-seasoned transaction Read more

Real Deal #139 – Washington State Land Note

Welcome to Real Deals!  It’s always easier to learn from real life so here we share information from actual owner financed transactions.

A land developer sold 10 to 20 acre tracts of land in Northern Washington State.  Knowing land can be more difficult to finance Read more