sell mortgage note | Note Investor

Selling Mortgage Notes – Mortgage Donation Or Write Off?

May 17, 2011 By Note Investor 1 Comment

Someone wants to sell their mortgage note but they haven't received payments for a year, are in second position, or facing foreclosure. They need help but what can be done? Here is an option for non performing mortgage notes you might not have heard about...donating to charity. Our guest author works with a non profit organization with a unique solution to defaulted notes. (Editor's Note: This article is not intended as legal or tax advice. Please seek the assistance of a competent … [Read more...]

Buying and Selling Notes – What is the Current Property Value?

December 8, 2010 By Fred Rewey Leave a Comment

One of the considerations when buying and selling mortgage notes is knowing the current value of the home. After all, the property is the collateral and knowing its true value will greatly affect how much an investor will pay for a note. Historically this process was a bit easier, when everything was in an "up" market. But with property values still on the downside or just recovering, it is often difficult to put a (safe) number on it. At least one that everyone agrees on. Although there … [Read more...]

Filed Under: Notes 101 Tagged With: buying and selling notes, note buyers, pay for a note, sell mortgage note, true property value

Questions on Selling Mortgage Notes

December 2, 2010 By Tracy Z 1 Comment

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, many sellers opt to sell future payments to a Note Buyer. Here are the seven most common questions we receive on … [Read more...]

Filed Under: Cash Flow Business, Seller's Corner Tagged With: cash flow notes, note buyers, Promissory Note buyers, real estate notes, sell mortgage note, trust deed buyers

Quoting Cash Flow Notes

October 6, 2010 By Fred Rewey 1 Comment

When it comes to quoting and buying mortgage notes there are basically two camps of note brokers. One camp takes the “Quote on the Fly” approach, while the other has the “No Note, No Quote” mentality. … [Read more...]

Filed Under: Cash Flow Business, Note Brokers Tagged With: best financial calculater, note broker training, sell mortgage note

How to Negotiate Cash Flow Notes

September 15, 2010 By Fred Rewey 2 Comments

Happy couple in meeting with a estate agent

One of the more popular questions, after “How do I find notes?” is “How do I negotiate with a note holder?” Since the cash flow business affords consultants the ability to determine their own fee, many new note brokers feel challenged on how to present an offer. These 5 tips should help you be that much closer to closing the deal! … [Read more...]

Filed Under: Cash Flow Business, Note Brokers Tagged With: Cash Flow Business, note broker training, sell mortgage note, winning cash flow business

Let’s Be Brutally Honest About Real Estate Notes

September 1, 2010 By Clint Hinman 2 Comments

There is a difference between being honest and being brutally honest. For example, if I ask my wife if my new sweatshirt makes my gut look big, an honest answer might be “Kinda”. A brutally honest answer would be “No, your gut makes your gut look big.” As someone who has taken literally thousands of phone calls from note holders, I’ve always been honest, but I’ve never been brutally honest, until today. … [Read more...]

Filed Under: Cash Flow Business, Note Brokers Tagged With: cash flow notes, clint hinman, Note Brokers, note buyers, Note Discount, real estate notes, sell mortgage note

How to Sell Your Mortgage Note

August 26, 2010 By Tracy Z Leave a Comment

Tired of receiving monthly payments? Wishing for a lump sum of cash today? If you sold property with seller financing chances are you’ve wondered about selling the real estate note. Here’s how to sell a mortgage note, trust deed, or contract in 7 easy steps. Step #1 - Request Quote Just complete a short informational worksheet to receive a free no obligation quote. This can be submitted online, by fax, or over the phone. Click Here for a List of Note Buyers Click Here to Download a … [Read more...]

Filed Under: Seller's Corner Tagged With: How to Sell Your Mortgage Note, note buyers, real estate notes, sell deed of trust, sell mortgage note, seller financing

What to Do When a Balloon Mortgage Payment is Due – Real Deal #158

June 7, 2010 By Tracy Z Leave a Comment

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? … [Read more...]

Filed Under: Real Deals Tagged With: balloon mortgage, balloon mortgage payment, balloon payment, cash flow notes, Note broker, owner financed note, sell mortgage note

How Much Will You Pay For My Note?

March 14, 2010 By Tracy Z 2 Comments

If you buy or broker notes, you know pricing is the first thing sellers ask when looking to cash-out their payments from a seller carry back. Discover what sellers are really asking and the best way to answer the “What’s Your Discount” question. It’s natural for sellers to want to know the amount of money they will receive to sell future payments on a contract or mortgage. After all, it is the need for cash that made them make the call in the first place. But if you listen … [Read more...]

Filed Under: Note Brokers Tagged With: discount real estate notes, learn cash flow notes, owner financing payments, sell mortgage note, seller carry back

Note Buyer Success Story

February 3, 2010 By Greg Gehlen Leave a Comment

Canyon Capital has been added to the Directory of Owner Financed Note Buyers. Discover a new investor listing and read how the owner went from start-up note broker to note buyer in just a few short years. Note Investor (NI) recently interviewed Greg Gehlen (GG) to learn more about his note buying programs. Canyon Capital specializes in mobile homes on land and pays fees to cash flow brokers for the purchase of notes, trust deeds, and contracts. NI: What is the current focus of your … [Read more...]

Filed Under: Note Brokers Tagged With: cash notes, Greg Gehlen Canyon Capital, note buyer, note buyers, owner financing, sell contract, sell mortgage note, sell trust deed