The 411 on Note Performance – Performing vs Non-Performing Notes

Jim McCullinNotes 101

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 topic to better understand its impact on value. Performance = … Read More

Note Seasoning and Verifiable Payments

Jim McCullinNotes 101

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 the value of your note. It’s actually a combination of … Read More

Common Note Buying Terms

Jim McCullinNotes 101

Are you new to investing in real estate notes or wanting to sell your note? Don’t get confused by the industry terminology. To help you make sense of what you’re reading, we have compiled a list of common note-buying terms. There’s certainly more to investing than just knowing the lingo, however, it’s nonetheless a significant first step and will help … Read More