Around the country real estate markets have softened leaving a glut of inventory, decreasing values, and extended marketing times. The result? More sellers are offering to finance a portion of the purchase price for the buyer in an effort to “Move that House”! While sellers are motivated, lenders on the other hand are hunkering down or running scared. In the face of the … [Read more...] about The State of the Note Industry
partial note purchase
What is a Partial Note Purchase?
When a seller allows a buyer to purchase property on installment the terms of repayment are usually spelled out in a Promissory Note or Real Estate Contact. Sellers may also elect to sell and assign their rights to future payments. When an investor purchases all the remaining payments it is considered a full purchase. When an investor purchases just a portion of the remaining … [Read more...] about What is a Partial Note Purchase?
Real Deal #138 – Partial on Oregon Home
Welcome to Real Deals! It’s always easier to learn from real life so here we share information from actual owner financed transactions. Today' we are taking a closer look at a deal in Oregon. Mobile Home Seller Financing Example A husband and wife decided to sell a rental home to their tenant using seller financing. The property included a 2-bedroom stick built home, a … [Read more...] about Real Deal #138 – Partial on Oregon Home
