Owner financing was a hot topic in real estate last year and all indicators point to increased demand in 2010. In search of alternative financing methods, … [Read more...] about Top 5 Articles on Seller Financing
sell mortgage note
Considering a Career as a Note Broker? Here Are 5 Things You Should Know!
You probably have heard you can make great profits buying notes, if you have your own money. But what if you need to MAKE money before you can think about investing? A career as a note consultant may be the answer for you. … [Read more...] about Considering a Career as a Note Broker? Here Are 5 Things You Should Know!
Owner Financing – The Top 3 Reasons for Seller Financing
All things being equal, the average seller would prefer to sell a property and walk away from closing with all cash rather than a note for part of the sale price. Then why do sellers agree to take back financing? Here are the three most common reasons behind the installment sale. … [Read more...] about Owner Financing – The Top 3 Reasons for Seller Financing
Become Your Own Investor!
“You can make a living brokering notes but you get wealthy owning notes!” This statement from a pioneer real estate note investor provided one of those “light bulb” moments. Determined to start owning notes, I left a ten-year “job” in the corporate note buying world to start my own note business in 1997. Note ownership and long-term interest income are truly attainable with … [Read more...] about Become Your Own Investor!
Full or Partial Mortgage Sale? It’s All Dollars and “Sense”
Deciding whether or not to sell your mortgage note is easier when someone simply offers you a “Full” purchase. In addition to being a straightforward buyout of all the remaining payments, it also makes it easy to determine what you are receiving. For example, if you are offered $85,316 for a $100,000 balance mortgage note, you are selling the note at a $14,684 discount. That … [Read more...] about Full or Partial Mortgage Sale? It’s All Dollars and “Sense”
