Colorado... Where it’s easy to buy marijuana but hard to sell a home with seller financing. In reaction to the Dodd-Frank Act, the Colorado Real Estate Division has issued a bulletin on the removal of the seller financing provision in the state regulated Contract to Buy and Sell Real Estate. While the creation of new seller-carry notes is holding strong since the … [Read more...] about Dodd-Frank Fallout: Colorado Removes Seller Financing Provision From Contracts
seller financing
Seller Financing Stats Increased in 2013 – What About 2014?
I love numbers! They always seem so validating - especially when they are on the rise! We got our hands on the latest seller financing statistics for 2013, the top 10 producing states, and a preliminary analysis of the impact of the Dodd-Frank Act on note creation for 2014. You won't want to miss this... Owner Financed Notes Increased 7.5% in 2013 "Overall note creation … [Read more...] about Seller Financing Stats Increased in 2013 – What About 2014?
How Dodd Frank Mortgage Laws Apply to Seller Financing
Save the date! New Dodd Frank laws for seller financing and mortgage loan originators take effect January 1, 2014 (*see date revision information below). While it’s not a match made in heaven it’s also not the end of the note buying world as we know it. How Seller Financing Met Dodd Frank In reaction to the mortgage crisis lawmakers passed the Dodd Frank in 2010. This act … [Read more...] about How Dodd Frank Mortgage Laws Apply to Seller Financing
Owner Financing Statistics For Note Buying
The annual statistics for owner financing are hot off the press providing an overview of 2012 and insights on note buying in 2013. "2012 saw a 15% increase in the total number of seller financed transactions, the greatest number of notes created in any year since 2006," reported Scott Arpan, President of Advanced Seller Data Services. The analysis was based on 1702 counties … [Read more...] about Owner Financing Statistics For Note Buying
Will 2012 Be The Year For Real Estate Notes?
To understand the current market for real estate notes it helps to go back in time. Years ago the country was in a financial crisis. Gas was expensive. There were numerous political battles in Washington, DC. Houses were not selling. Interest rates were high. Wait…what? … [Read more...] about Will 2012 Be The Year For Real Estate Notes?