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owner finance home

Looking for Note Buyers and Investors?

September 10, 2009 by Note Investor Leave a Comment

Then mark your calendar for the 23rd Annual NoteWorthy Convention to be held November 10-12, 2009, in San Diego, CA. Note buyers from across the country are looking to develop business through note brokers at this once a year event. You will have the chance to participate in professional workshops, informative roundtable discussions, and face-to-face informal gatherings … [Read more...] about Looking for Note Buyers and Investors?

Home Builders Offer Seller Financing Incentives

June 19, 2009 by Tracy Z 2 Comments

It was one of the first signs of a weakening housing market. Builders desperate to move increased inventory started offering incentives in hopes of enticing buyers to their developments. These incentives ranged from … [Read more...] about Home Builders Offer Seller Financing Incentives

Owner Financing – Why Balloon Payments are Good for Mortgage Notes

April 23, 2009 by Tracy Z

Photo of Hot Air Balloons with Words "Why Are Balloon Payments Good for Mortgage Notes?"

A balloon payment is a common addition to an owner-financed note, mortgage, trust deed or land contract. Savvy sellers, real estate professionals, and note brokers know this is by design rather than accident. Here’s why balloon payments can be good for mortgage notes: (Editor's Note: Please be sure to read the updated comments at the end of this article pertaining to changes … [Read more...] about Owner Financing – Why Balloon Payments are Good for Mortgage Notes

Owner Financing – Avoiding Balloon Mortgage Pitfalls

April 23, 2009 by Tracy Z 4 Comments

Image of Hundreds of Colorful Balloon in the Ski with Words "Avoiding Balloon Mortgage Pitfalls"

Using a balloon payment with owner financing can be a valuable addition to a mortgage note or land contract. Unfortunately many sellers and buyers unknowingly combine a balloon payment with high risk factors turning a positive into a negative. Be sure to avoid these common pitfalls when considering seller financing with balloon mortgages. Five Balloon Mortgage … [Read more...] about Owner Financing – Avoiding Balloon Mortgage Pitfalls

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