Someone wants to sell their mortgage note but they haven't received payments for a year, are in second position, or facing foreclosure. They need help but what can be done? Here is an option for non performing mortgage notes you might not have heard about...donating to charity. Our guest author works with a non profit organization with a unique solution to defaulted … [Read more...] about Selling Mortgage Notes – Mortgage Donation Or Write Off?
sell mortgage note
Buying and Selling Notes – What is the Current Property Value?
One of the considerations when buying and selling mortgage notes is knowing the current value of the home. After all, the property is the collateral and knowing its true value will greatly affect how much an investor will pay for a note. Historically this process was a bit easier, when everything was in an "up" market. But with property values still on the downside or just … [Read more...] about Buying and Selling Notes – What is the Current Property Value?
Questions on Selling Mortgage Notes
Owner financing is on the rise with more sellers agreeing to accept payments from buyers. There are many reasons people agree to a carry-back real estate notes including: Quick sale of the property Monthly income from the note No hassles of bank financing More qualified buyers Property that is hard to sell or finance Rather than waiting 20-30 years for payments, … [Read more...] about Questions on Selling Mortgage Notes
Quoting Cash Flow Notes
When it comes to quoting and buying mortgage notes there are basically two camps of note brokers. One camp takes the “Quote on the Fly” approach, while the other has the “No Note, No Quote” mentality. … [Read more...] about Quoting Cash Flow Notes
How to Negotiate Cash Flow Notes
One of the more popular questions, after “How do I find notes?” is “How do I negotiate with a note holder?” Since the cash flow business affords consultants the ability to determine their own fee, many new note brokers feel challenged on how to present an offer. These 5 tips should help you be that much closer to closing the deal! … [Read more...] about How to Negotiate Cash Flow Notes
