How to Sell Your Mortgage Note

Jim McCullinNotes 101

Are you tired of receiving monthly payments on your seller-financed note? Do you long for a lump sum of cash today? If you previously sold property with seller-financing, chances are you’ve wondered more than once about whether there’s any way to convert those monthly payments into cash now. Well, if so, then you’re in luck! There’s a very good chance … Read More

What is Seller-Financing?

Jim McCullinNotes 101

Seller-Financing (or owner-financing) refers to a sales transaction in which the seller allows the buyer to make payments over time for the property being purchased. This “private” financing by the seller replaces the more traditional conventional financing offered by banks. There are many reasons why a seller might offer financing to a buyer. Perhaps the buyer is self-employed and can’t … Read More