Owner financing seemed like a good idea at the time. Let the buyer make payments and get the property sold. After all the seller carry back is known for attracting purchasers and providing quick closings, without the hassles or fees of a conventional bank loan. But circumstances change and many sellers would prefer a lump sum of cash today rather than monthly payments that … [Read more...] about Why Sell My Mortgage Note?
As cash flow note brokers we know that owner financing happens when the seller of property accepts payments over time from the buyer. This creative financing helps buyers purchase homes without traditional bank loans. … [Read more...] about Owner Financing vs. Seller Financing – What’s In a Name?
Wondering whether to trust the pricing for the sell of a mortgage or land contract? Here’s how to know if it’s a firm offer or just a soft quote when going to sell a private mortgage note. … [Read more...] about Get Reliable Pricing When Selling a Mortgage Note!
Using a balloon payment with owner financing can be a valuable addition to a mortgage note or land contract. Unfortunately many sellers and buyers unknowingly combine a balloon payment with high risk factors turning a positive into a negative. Be sure to avoid these common pitfalls when considering seller financing with balloon mortgages. … [Read more...] about Owner Financing – Avoid 5 Balloon Mortgage Pitfalls
What if you had inside information? What if there was someone who really knew the secrets that could make or save you thousands of dollars? Well, there is... The time has arrived to remove the cloak of mystery surrounding selling or brokering notes. There are simple truths surrounding owner-financed notes that should be revealed. Too many people leave money on … [Read more...] about Owner Financing – 21 Insider Secrets You Must Know Before Selling a Mortgage Note