Thinking of using real estate notes in your retirement account? This interview covers 10 tips for buying notes in a Self-Directed IRA with Note Investor Tracy Z Rewey and Quest Trust Company IRA Specialist Haley Gant. Watch the video, read the transcript, or use the outline for a quick overview. At A Glance: 10 Tips For Buying Notes In IRAs Know Your Note Type Have A Playbook For Investing Guidelines Master The Time Value Of Money Embrace The Boring - Due Diligence Matters … [Read more...]
2017 Seller Financing Statistics and Insights
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Seller financing statistics reveal dollar volume jumped 2% while the number of new seller-carried notes fell by 7.5% in 2017. Overall there were 89,779 first position owner financed notes, totaling $17.3 billion. This was an increase of 2% from last year's total of $16.97 billion. Down payments have increased continually the past 4 years. On commercial properties they increased 4% in 2016. This indicates strong borrowers buying owner financed properties. What does this mean for the … [Read more...]
50 Ways To Leave Your…SFH Note
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A mistake many investors and brokers make is to focus solely on notes secured by single family houses (SFHs). Unfortunately, that is a last-century approach. The lowest interest rates in recorded history have meant that our Springer Spaniel could qualify to buy a house. So most homeowners have had no reason to offer seller financing. The Dodd-Frank Act of 2010 also negatively impacted the creation of notes, most likely because its complexity and consequent potential liabilities discourages … [Read more...]
2016 Seller Financing Statistics and Insights
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Seller financing statistics reveal new note creation fell by 8.3% in 2016. Overall there were 97,089 seller financed notes created in 2016 compared to 105,871 in 2015. The number of commercial and land secured notes dropped only slightly by 3% off 2015. The biggest change was seen in the single family residential (SFR or SFH) category of notes which fell 16% in 2016 from 2015. Why the big change? "The drop in residential notes may have been due to hot residential markets allowing sellers to … [Read more...]
Note Investing Info: What Was Hot In 2016
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Is 2016 really almost over? Let us be one of the first to wish you a Happy New Year! May 2017 be a prosperous year for your note investing business. As the year closes we like to both reflect back and plan ahead with a look at the info you wanted to read most. With over 350 pages of free online content, there are lots of choices! In 2016 alone those pages were viewed over 170,768 times. Here's a look at the topics you visited most at NoteInvestor.com. Top 10 Most Read Note Investing Info of … [Read more...]
New Seller Finance Bill HR 5301 Gains Support
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A new bill to help strengthen the seller finance industry is gaining support. Earlier this year the Seller Finance Coalition announced that HR 5301: The Seller Finance Enhancement Act had been introduced to the 114th U.S. Congress on May 19, 2016. The Bill proposes to increase the number of owner financed transactions exempt from regulation to 24 per year. The number of co-sponsors in Congress has steadily increased to ten. Congressman Williams outlined his support in the following … [Read more...]
Finding The Opportunity – Note Investor Interview With Dave Franecki
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Real estate markets cycle up and down. This of course impacts the creation of private mortgage notes as reflected in the recent statistics. To succeed we must embrace the change and find the opportunity. This has been Dave Franecki's philosophy in business, ultimately leading him to note investing. During his 30+ years in real estate he experienced almost every facet of the industry including real estate sales, landlord, rehabber, fix and flips, loan officer, credit repair, building/land … [Read more...]
Owner Financed Note Creation Dips in 2015
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After 5 years of growth owner financed note creation was down 8.9% in 2015 compared to 2014. According to annual statistics released by Advanced Seller Data Services there were 105,871 seller financed notes created in 2015 compared to 116,178 in 2014 (based on 2147 counties reporting, $30,000 or greater balance, and 1st position or wrap/AITD notes). "This is the first year since 2009 the number of seller carry-back notes created dropped from the previous year. New regulations appear to have … [Read more...]
5 Years Of Growth For Seller Financing In 2014
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"The number of seller financed notes created in 2014 increased by 4.7%," reports Scott Arpan of NoteSellerList.com. There is one number we all want to know... ...how many seller financed notes are being created? Each year, around this time, Advanced Seller Data Services releases some very important numbers. This running tally not only shows the number of notes created it also breaks them down by state! More notes equals more opportunities to buy notes. Knowing the "hottest" … [Read more...]
Dodd-Frank Fallout: Colorado Removes Seller Financing Provision From Contracts
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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 implementation of the Act in early 2014, we are starting to see changes in the way individual States, real estate professionals, … [Read more...]
