With all the talk about buying and selling notes, does anyone actually take a pause to see IF they should sell their private mortgage note? Course the usual short answer is, “Well, depends on how much I can get for it.” – In reality, you might want to delve a bit deeper. Ask yourself the following five questions when deciding to sell. Did you want to carry back the note … [Read more...] about Should You Really Sell Your Mortgage Note?
Seller carry-back note
Obtain Pricing on Notes in 3 Easy Steps
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
Gain Privacy and Protection with Land Trusts-Part 1
Not everyone wants to be a public figure! Privacy and protection can be easily accomplished with the use of a land trust. … [Read more...] about Gain Privacy and Protection with Land Trusts-Part 1
Temporary Seller Financing
Who wants to wait for the monthly note payments to trickle in over the next 5, 15, or 30 years? It makes sense that more sellers would be willing to carry back owner financing for the buyer if they knew how to sell all or part of their note for cash shortly after closing. … [Read more...] about Temporary Seller Financing
Safekeeping the Original Promissory Note
The Promissory Note is an important legal document that should be kept in a safe place, and here is why! The note is a promise to pay or IOU from the buyer, spelling out the amount and terms of repayment. In legal jargon it is known as a negotiable instrument. Similar to a check, the original must be presented to collect or prove ownership. If the seller desires to sell and … [Read more...] about Safekeeping the Original Promissory Note
