What is a fair price for a cash flow note in today's market? Here are 3 easy steps that brokers and sellers can use to receive pricing before they sell a note. … [Read more...] about Obtain Pricing on Notes in 3 Easy Steps
sell note payments
Why Buy Title Insurance?
Does the seller really own the property? Are there any liens? Is there legal access? Does anyone else have a claim or right to use? Does the buyer have outstanding judgments that might attach when they purchase the property? These are just a few of the questions you will want answered with a title report when considering owner financing. … [Read more...] about Why Buy Title Insurance?
Real Deal #148 – Seller Financing for IRA Investments!
Welcome to Real Deals! It’s always easier to learn from real life so here we share information from actual owner financed transactions. It can be challenging to obtain non-recourse loans necessary to finance the purchase of real estate in an IRA, 401(k), or other type of self-directed retirement account. Seller financing can be a viable alternative financing solution. … [Read more...] about Real Deal #148 – Seller Financing for IRA Investments!
What is a Payer Estoppel?
Prior to purchasing a seller financed note, the investor might ask for a payer estoppel. This simple one page letter or document is sent to the person making payments on the note, mortgage, deed of trust, or real estate contract. The estoppel explains the investor is contemplating the purchase of the note, reassuring the payer that all terms and conditions will remain the … [Read more...] about What is a Payer Estoppel?
Increase Value with Payment Histories
Keeping an accurate record of the payments received on the promissory note shows how much the buyer still owes along with their payment habits. Plus, note sellers can also improve the value of their note by providing a verifiable payment history to the investor! … [Read more...] about Increase Value with Payment Histories