Ever wonder why note buyers are such sticklers for requiring proof the property is insured against fire or other hazards? Well have I got a story for you... Pulled from the archives, this Burn to Learn war story seems timely. Why? There seems to be an influx of deals recently where property insurance is holding up closing. Nothing is a better teacher than real life … [Read more...] about Note Buyer Burns To Learn
How to Buy and Sell Mortgage Notes
Note Buyers Love Payment Histories
Buying and selling mortgage notes is all about receiving those monthly payments. Keeping accurate records will show how much the buyer still owes along with their payment habits. Plus, it improves the value of the note to investors. … [Read more...] about Note Buyers Love Payment Histories
MY FRIEND, THE INTERNET – Real Estate Notes
A friend keeps you from making poor decisions, is there in your times of need, and can be a good source of information. Based on this criteria, I consider the internet to be my friend. Yes, the cold, impersonal, most definitely non-human internet has my back. Best thing is, it can and will be your friend, too. … [Read more...] about MY FRIEND, THE INTERNET – Real Estate Notes
Get Reliable Pricing When Selling a Mortgage Note!
Wondering whether to trust the pricing for the sell of a mortgage or land contract? Here’s how to know if it’s a firm offer or just a soft quote when going to sell a private mortgage note. … [Read more...] about Get Reliable Pricing When Selling a Mortgage Note!
Top 5 Articles on Seller Financing
Owner financing was a hot topic in real estate last year and all indicators point to increased demand in 2010. In search of alternative financing methods, … [Read more...] about Top 5 Articles on Seller Financing