Selling a real estate note can unlock cash tied up in a seller-financed loan — and also free up the headaches of collecting monthly payments and managing a mortgage note. Whether you want to pay down debt, invest in other opportunities, or reduce the risks of carrying a note, you have options! Understanding the process from start to finish will help you maximize the sale and … [Read more...] about How to Sell a Promissory Note
5 Strategies for Non-Performing Notes
Not everything in life goes as planned. It's a lesson we have all learned at some point — whether good or bad. It also includes notes. You can do everything you can to set yourself up for success and manage your risks, but sometimes things - and payors - go awry. When note payments stop coming in, it's a stressful time. But it's also time to slow down and think through … [Read more...] about 5 Strategies for Non-Performing Notes
Hazards of DIY in Seller Financing – Real Deal #286
DIY has its time and place. Staining your deck, give it a shot? Rewiring your electrical? Call the professional. Putting together IKEA furniture? That's all you. Offering seller financing and creating a note with no experience or real estate background? Please protect your valuable asset and reach out to the professionals. And that brings us to Washington State for this … [Read more...] about Hazards of DIY in Seller Financing – Real Deal #286
You’ve Signed on a Note Deal – Now What?
One of the best feelings as a Note Broker is when you sign on a deal. But that doesn't mean the fun is over. Note brokering is an excellent option for anyone in the note industry. Whether you're new and want to learn more, have a small budget and can't afford to purchase many notes, or have just come across a note that doesn't fit your parameters — brokering lets you get a … [Read more...] about You’ve Signed on a Note Deal – Now What?
10 Seller Financing Myths – Get the Facts
Seller Financing remains a niche market. But — not that niche. We often wonder why the seller carry-back market, despite being in existence for hundreds of years, is still a relatively unknown market. It is not overly complex. The benefits to sellers, buyers, and investors are significant. The real culprit? Misinformation. For both buyers AND sellers, private mortgage … [Read more...] about 10 Seller Financing Myths – Get the Facts
