July 24, 2020
The 411 on Note Performance – Performing vs Non-Performing Notes
Seller-financed mortgage notes fall under the umbrella of creative financing. The creative aspect leads to notes of all shapes and sizes. The value of a note is determined by several factors unique to each, one of the most important of which is … Note Performance. Let’s dive deeper into this
July 21, 2020
Tips for Making Your Mortgage Note Shine
Good online marketers know that showcasing their products with great photos and professional copy is key to faster sales and higher prices. We have found that mortgage notes are very much the same. When you’ve made the decision to sell your mortgage note or trust deed for cash now, it
July 17, 2020
How to Find the Right Mortgage Note Buyer
Once you’ve decided to sell your mortgage note or trust deed, the next step is to find a trustworthy professional note buyer. Here are some factors to consider when talking to prospective note buyers about your note. 7 Tips for Finding a Trustworthy Mortgage Note Buyer We realize that it’s
July 14, 2020
5 Reasons to Sell Your Mortgage Note Now
Have you heard? Folks are selling their owner-financed mortgage notes and trust deeds every day for various reasons and using the lump sum of cash they receive for more urgent or prudent purposes. Why are they selling? It usually comes down to one of two things … a need or
July 10, 2020
What To Do If A Real Estate Note Stops Paying
The last thing someone who buys a real estate mortgage note or owner-finances a home wants is for the borrower to stop making payments. Most borrowers make their payments on time year after year. Unfortunately, some borrowers get behind on payments and need time to catch up. Occasionally, a borrower
July 3, 2020
Note Seasoning and Verifiable Payments
What determines the fair market value of a seller-financed real estate note? Is it the interest rate? Yes. Is it the value of the property? Yes. Is it the credit worthiness of the borrower? Yes. I’ll bet you’re seeing a pattern here. There’s not just one single factor that determines
June 30, 2020
What are “Face Rates” and “Discounts” On Notes?
If you’ve studied seller financing or have a mortgage note that you’re ready to sell, then you’ve probably already come across the terms “face rate” and “discount.” Let’s do a quick overview of these two important terms. What is the Face Rate of a Note? The “face rate” is the
June 26, 2020
When is the Right Time to Sell Your Note?
Most folks would prefer a full cash offer when selling their property, but that’s not always possible. Various factors can make it hard for buyers to get bank financing, so you may have decided that offering seller-financing was the best way to facilitate the sale of your property. It’s likely
June 23, 2020
What is Real Estate Note Due Diligence?
If you’ve been around real estate investors of any kind, you’ve most likely heard the phrase “due diligence.” Before a savvy investor pays cash for a property or real estate note, they will perform their due diligence. This is really just a fancy term for research, which varies depending on
June 19, 2020
Top 21 Reasons to Sell A Mortgage Note or Trust Deed
People have many different needs and reasons that motivate them to sell a mortgage note or trust deed. Regardless of the motivation, it’s important to know that as the note seller you have options. Private note buyers, consultants, and even a variety of financial institutions are eager to buy your