Buying and selling mortgage notes is all about receiving those monthly payments. Keeping accurate records will show how much the buyer still owes along with their payment habits. Plus, it improves the value of the note to investors. … [Read more...] about Note Buyers Love Payment Histories
sell real estate note
Great news! The IRS has specifically answered "YES" to this question. It seemed pretty straight forward that owner financed transactions involving a deed to the buyer and a note and mortgage (or deed of trust) back to the seller would let qualified buyers take the First Time $8,000 Homebuyer Credit. However, some wondered if … [Read more...] about Does Seller Financing Qualify for the $8,000 First Time Homebuyer Tax Credit?
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
With the economy and real estate markets on the decline seller financing is on the increase. The installment sale is being pulled out of the toolbox as an alternative financing method to conventional loans. As the owner financing method becomes a frequent topic among real estate agents, investors, and discussion boards there are inevitably some misconceptions being … [Read more...] about Top 3 Seller Financing Myths
When a real estate market turns soft the property marketing ads become peppered with offers to lease option and owner finance. Most property owners understand the seller’s market has quickly turned to a buyer’s market requiring them to think creatively and consider concessions. … [Read more...] about Lease Option or Seller Finance?