Private property owners have been swept into the regulations of the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act which was signed into law in July 2010. Owner financing will be regulated in Title XIV Section 1401(2) (E) Mortgage Loan Origination Standards. The law restricts private property owners who want to sell their own property using owner financing … [Read more...] about Dodd-Frank Hijacks Owner Financing
seller financing
Safe Act and HR 4173 Update – Is it Good News for Seller Financing?
A new law exempts up to 3 seller-financed transactions in a 12-month period from mortgage originator licensing requirements. Bill HR 1473, now known as the Dodd-Frank Wall Street Reform and Consumer Protections Act, was signed into Public Law No: 111-203 on July 21, 2010. A loud outcry was heard across the nation from real estate owners, investors, and note buyers on any … [Read more...] about Safe Act and HR 4173 Update – Is it Good News for Seller Financing?
How to Sell Your Mortgage Note
Tired of receiving monthly payments? Wishing for a lump sum of cash today? If you sold property with seller financing chances are you’ve wondered about selling the real estate note. Here’s how to sell a mortgage note, trust deed, or contract in 7 easy steps. Step #1 - Request Quote Just complete a short informational worksheet to receive a free no obligation quote. This can … [Read more...] about How to Sell Your Mortgage Note
Owner Financing vs. Seller Financing – What’s In a Name?
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?
Fighting to Preserve Owner Financing with the National Association to Protect Private Property Rights
What is Your Livelihood Worth? It’s not a ridiculous question. As you read this, governmental agencies are actively working to eliminate all but the most basic form of owner financing without being a licensed mortgage originator. Now industry leaders have joined efforts in the creation of an association to protect property owners, home buyers, and professionals in the … [Read more...] about Fighting to Preserve Owner Financing with the National Association to Protect Private Property Rights