Is there a difference between the definition of a private mortgage note and a seller financed note? Better yet, does it even matter? A recent subscriber's questions are answered. "I am getting confused with - what is a private mortgage note and a seller finance note. They both seem the same. A private mortgage note is a note that someone is holding on what was … [Read more...] about Can You Please Define Private Mortgage Notes?
seller financed notes
The State of The Real Estate Note Industry
We just returned from the NoteWorthy convention where everyone seemed to be talking about three things: 1. The increase of owner financed notes (up by over 15% in 2012); 2. The opportunities in non-performing notes; and 3. How to effectively market a note business online. It was great to … [Read more...] about The State of The Real Estate Note Industry
How Note Buyers Verify Taxes and Insurance
If you plan to sell a mortgage note be ready to show the buyer is keeping real estate taxes and property insurance current. Follow two easy steps to protect the promissory note and demand top dollar from investors. … [Read more...] about How Note Buyers Verify Taxes and Insurance
