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 you were told that the note you carried back could … Read More
Note Rates – What’s the Big Deal?
The interest rate a seller agrees to accept when seller-financing a property to a buyer can have a dramatic impact on the note’s future value to investors. Unfortunately, many sellers don’t give this important decision proper consideration. The fact is that the note’s “face” (interest) rate is a very big deal … here are a few reasons why! Inflation Hedge … Read More
