There is a difference between being honest and being brutally honest. For example, if I ask my wife if my new sweatshirt makes my gut look big, an honest answer might be “Kinda”. A brutally honest answer would be “No, your gut makes your gut look big.” As someone who has taken literally thousands of phone calls from note holders, I’ve always been honest, but I’ve never … [Read more...] about Let’s Be Brutally Honest About Real Estate Notes
sell mortgage note
How to Sell Your Mortgage Note
Tired of receiving monthly payments? Wishing for a lump sum of cash today? If you sold property with seller financing chances are you’ve wondered about selling the real estate note. Here’s how to sell a mortgage note, trust deed, or contract in 7 easy steps. Step #1 - Request Quote Just complete a short informational worksheet to receive a free no obligation quote. This can … [Read more...] about How to Sell Your Mortgage Note
What to Do When a Balloon Mortgage Payment is Due – Real Deal #158
Owner financed notes often include a balloon payment requiring the buyer to refinance in order to payoff the remaining amount due the seller. But what options are there for notes when a balloon is due but the buyer can’t refinance? Should the seller consider extending? Here’s a look at a common dilemma facing sellers and note brokers. (Note: The specific details were … [Read more...] about What to Do When a Balloon Mortgage Payment is Due – Real Deal #158
How Much Will You Pay For My Note?
If you buy or broker notes, you know pricing is the first thing sellers ask when looking to cash-out their payments from a seller carry back. Discover what sellers are really asking and the best way to answer the “What’s Your Discount” question. It’s natural for sellers to want to know the amount of money they will receive to sell future payments on a contract or mortgage. … [Read more...] about How Much Will You Pay For My Note?
Note Buyer Success Story
Canyon Capital has been added to the Directory of Owner Financed Note Buyers. Discover a new investor listing and read how the owner went from start-up note broker to note buyer in just a few short years. Note Investor (NI) recently interviewed Greg Gehlen (GG) to learn more about his note buying programs. Canyon Capital specializes in mobile homes on land and pays fees to … [Read more...] about Note Buyer Success Story
