Welcome to Real Deals! It’s always easier to learn from real life so here we share information from actual owner financed transactions. This Texas note deal found a seller scurrying to pay three years of back taxes that their buyer failed to keep current. Selling the note to an investor saved the buyer and seller from losing both the property and the note to a county tax auction. … [Read more...]
Increase Value with Payment Histories
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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...]
Verify Taxes and Insurance
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Worried the buyer won’t make payments? Understandably, this is a common concern by sellers using owner financing. After all, an owner financed note is one of the seller’s most valuable assets. Unfortunately so many sellers fail to protect their asset when it comes to verifying current property insurance and taxes. … [Read more...]
