Buying Mortgage Notes? Sometimes It’s The Little Things!

If you are buying mortgage notes from banks or private sellers then you know sometimes those small pesky details can turn into big trouble. Recently a reader shared one of his note buyer stories of a "good deal gone bad." He was kind enough to let me share his story in hopes of saving others from a similar situation. After you read his story please head over to What Private Note Buyers Can Learn from MERS for tips on safeguarding against this challenging situation. Buying Mortgage Notes … [Read more...]

Finding Notes: An Interview With Mike Wood of NoteDocs

Want to find seller carryback notes? Check out this interview with Mike Wood of NoteDocs, a company specializing in providing private mortgage note holder leads to note brokers. What is the current focus of NoteDocs? Mike Wood: The current focus of NoteDocs is to offer two services to note brokers in the cash flow notes industry. First we strive to offer noteholder lead data that provides quality leads for those interested in doing direct mail campaigns. Second, I personally strive to … [Read more...]

Note Buyer Interview With Ric Thom of Security Escrow

Interested in seller financing, real estate contracts, or buying notes in New Mexico? Then you will want to know Ric Thom of Security Escrow, the feature of this month's Note Buyer Interview.  Ric has been servicing and buying real estate contracts in New Mexico for over 25 years. He's also a true owner financing expert that has been actively involved in trying to "make sense" of the HUD Safe Act and Dodd Frank Act. … [Read more...]

Note Buyer Interview With Americus Financial

We are pleased to bring you this Note Buyer interview with Mark Donoghue of Americus Financial Group, a national note buying company located in Spokane, WA. What is the current focus of Americus Financial Group? To maintain our reputation as the recognized leader in the purchasing of real estate notes nationwide. In addition, with our knowledge and experience we strive to assure that each transaction is fast, satisfying, and stress-free. How did you get your start in the note … [Read more...]

Note Business Holiday Giveaway

  We Are Giving Away One Note Present Each Day For The Next 12 Days! And there are TWO WAYS you can win... … [Read more...]

Note Buyer Convention by NoteWorthy Nov. 10-13, 2011

NoteWorthy is holding their 25th annual note buyer and note brokers convention November 10-13, 2011, in Las Vegas at the The Palms Casino and Resort! The Noteworthy Convention Main Event is Friday-Sunday, November 11-13th It offers three days of sessions focusing on building wealth and generating income with seller financing, distressed assets, creative real estate investing, private lending, and more. There will be expert panel discussions, Q&A sessions, introductions to key vendors, and … [Read more...]

Russ Dalbey Lawsuit FTC Update on Winning in the Cash Flow Business

People seeking refunds from the Russ Dalbey lawsuit may just have been scammed out of money by a different company, according to an update posted by the FTC. (Editor's Note: Information on the Dalbey Bankruptcy Chapter 7 Filing can be found in the update posted at the bottom of this article.) Imagine feeling misled by an infomercial, attempting to get some money back, and losing even more hard earned dollars paid to a company claiming they could get you a refund. Sadly, this is how the … [Read more...]

Note Buyer Interview With Eddie Speed Founder of Note School

Join us as we sit down with Eddie Speed, founder of Note School and author of Streetwise Seller Financing, for this month's Note Buyer Interview. Eddie Speed of Colonial Funding Group has been buying and selling notes for over 30 years and has transacted more than 30,000 deals. To know Eddie is to know a few of his "Eddie-isms". I still remember hearing one of his trademark sayings when first introduced back in the late 1980's.  You see I was helping place funds for a large … [Read more...]

Owner Financing, Seller Financing, Dodd Frank, Safe Act, and You!

Tired of hearing about owner financing laws? We share your pain. First the Safe Act had a say on Seller Financing and then the Dodd Frank Act. Why the government would want to slow the housing rebound further by putting stringent restrictions on seller financing - one of the few alternatives to bank financing available in today's struggling  economy - is beyond us. And it's not over yet. Government agencies are still sorting through how to implement portions of the laws affecting both … [Read more...]

Russ Dalbey’s Winning in the Cash Flow Business In FTC Lawsuit

The FTC and Colorado Attorney General have filed a complaint against Russ Dalbey for allegedly defrauding consumers with his "Winning in the Cash Flow Business" system. You may have seen the TV infomercials with Dalbey claiming people could make big sums of money as a note broker in three easy steps... Find 'Em, List 'Em, and Make Money... in just minutes a day. The claims were backed by testimonials from students that are also being questioned.  The courts are seeking an order to stop any … [Read more...]