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 … [Read more...] about New Seller Finance Bill HR 5301 Gains Support
Dodd Frank Act
Finding The Opportunity – Note Investor Interview With Dave Franecki
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 … [Read more...] about Finding The Opportunity – Note Investor Interview With Dave Franecki
Owner Financed Note Creation Dips in 2015
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 … [Read more...] about Owner Financed Note Creation Dips in 2015
5 Years Of Growth For Seller Financing In 2014
"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 … [Read more...] about 5 Years Of Growth For Seller Financing In 2014
Dodd-Frank Fallout: Colorado Removes Seller Financing Provision From Contracts
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
