First National Acceptance Company has been buying real estate notes and land contracts for over 55 years! Located in East Lansing, Michigan, FNAC is a subsidiary of First National Bank of America with nationwide purchase programs for note holders and brokers. Gary Watkins, of the Wholesale Loan Trading division, shared their current buying guidelines in this … [Read more...] about First National Acceptance Company Buys Real Estate Notes Nationwide
It's back... seller financing and purchase money mortgage notes are under attack again! As regulators attempt to sort out the impact of the Dodd Frank Act, Safe Act, and TILA/Regulation Z laws on seller financing your help is needed. Our efforts had a positive impact once before and we can make a difference again. Urgent News: Seller financing is under regulatory attack … [Read more...] about Seller Financing Regulation Proposals On Dodd Frank and TILA
Imagine gathering 10 note buying experts into one room and asking them, "What are the best methods for finding real estate notes?" Would you be waiting expectantly to hear their response? Well we have been honored to pose this question to a group of cash flow professionals with over 200 years of combined experience. Read their answers here! … [Read more...] about 10 Experts Weigh In On Finding Real Estate Notes
The second you get past explaining, “What is a private mortgage note?” the next question is, “How do you determine its fair market value?” There are a lot of variables that go into a Note Buyer determining how much a note is worth for lump sum purposes – and each investor may have different hot buttons. Here are the main ones… 1. Credit Score How is the credit on the … [Read more...] about What Determines a Mortgage Note’s Value?
There are many ways to find and buy real estate notes. While many have a favorite strategy there are only a few note buyers with two decades of industry data to prove it. With over 20 years experience, Jeff Armstrong of Armstrong Capital is certainly one of those people! Located in California, Jeff has closed over 1500 real estate notes in 42 different states! Get his tips, … [Read more...] about Note Buyer Interview With Jeff Armstrong