Verify Taxes and Insurance

Worried the buyer won’t make payments?   Understandably, this is a common concern by sellers using owner financing.  After all, an owner financed note is one of the seller’s most valuable assets.  Unfortunately so many sellers fail to protect their asset when it comes to verifying current property insurance and taxes. … [Read more...]

Outside Closings Protect Sellers!

When an investor has performed their research and is ready to purchase a private mortgage note they will ask the seller to deliver original documents and sign the assignment package.  The investor will want these original documents before the funds are released to the seller. A note seller will understandably wonder “How do I know I will ever receive my money once I turn over the documents establishing ownership?”  So the investor wants the documents before the money is released and the seller … [Read more...]