Note Buyers Love Payment Histories

Buying and selling mortgage notes is all about receiving those monthly payments. Keeping accurate records will show how much the buyer still owes along with their payment habits.  Plus, it improves the value of the note to investors.  … [Read more...]

Does Seller Financing Qualify for the $8,000 First Time Homebuyer Tax Credit?

Great news!  The IRS has specifically answered "YES" to this question. It seemed pretty straight forward that owner financed transactions involving a deed to the buyer and a note and mortgage (or deed of trust) back to the seller would let qualified buyers take the First Time $8,000 Homebuyer Credit.  However, some wondered if … [Read more...]

Owner Financing – The Top 3 Reasons for Seller Financing

All things being equal, the average seller would prefer to sell a property and walk away from closing with all cash rather than a note for part of the sale price. Then why do sellers agree to take back financing? Here are the three most common reasons behind the installment sale. … [Read more...]

Top 3 Seller Financing Myths

With the economy and real estate markets on the decline seller financing is on the increase.  The installment sale is being pulled out of the toolbox as an alternative financing method to conventional loans. As the owner financing method becomes a frequent topic among real estate agents, investors, and discussion boards there are inevitably some misconceptions being perpetuated. These three myths seem to continually reoccur: … [Read more...]

Lease Option or Seller Finance?

When a real estate market turns soft the property marketing ads become peppered with offers to lease option and owner finance. Most property owners understand the seller’s market has quickly turned to a buyer’s market requiring them to think creatively and consider concessions. … [Read more...]

Making Money Using “Buy Full – Sell Short”

One of the most powerful wealth building techniques in the cash flow industry is the “Buy Full – Sell Short” strategy. Capitalizing on the power of compounding interest and the time value of money, it enables note brokers to own rights to future note payments with little to no money of their own. … [Read more...]

Is 2009 a Good Time to Buy Owner Financed Real Estate Notes?

This question is on the minds of many investors right now. With real estate values down and banks restricting credit, there are more seller-financed notes available. Although there is never a crystal ball, if you buy notes at a good ITV you have the opportunity for high yielding investments. Here are a couple things to look for... … [Read more...]

Should I Owner Finance a Second Mortgage?

More and more sellers are being asked to carry back a second mortgage for the buyer – especially with the banks still keeping a pretty tight reign on lending. While seller financing can be a viable alternative to bank loans when it is the buyer’s primary obligation or first lien, a second lien has considerably more risk. … [Read more...]

Firm Offer or Soft Quote?

Wonder whether you are receiving reliable pricing when submitting a qoute request worksheet to a note investor? Here's how to know if it's a firm offer or just a soft quote when going to sell a note. … [Read more...]