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 becomes all about how to make the note more attractive … Read More
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 the investment type. This article covers the due diligence items … Read More
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 mortgage note. Here at Best Value Notes we work with … Read More
Safekeeping the Original Note
Can you easily locate the original promissory note created when you sold your seller-financed property? This important legal document should be kept in a safe place, and here is why! The note is a promise to pay (or IOU) from the buyer which outlines the specific amount owed and terms of repayment. It is considered a negotiable instrument in the … Read More
How to Structure Notes for Top-Dollar Pricing
The terms of a seller-financed transaction have a dramatic impact on the price an investor will pay should the seller ever decide to sell their note, mortgage, trust deed or contract. Here are the key elements of a seller-financed transaction that will ultimately determine its fair market value. Down Payment – The general rule is “more is better.” The more … Read More
Selling a Mortgage Note … It’s Not Just About Price
Inevitably, one of the first questions a note seller asks is, “How much will you give me for my note?” At the end of the day, that is what it’s all about, right? … Or is it? You might be surprised that there are some other very good reasons why a person might decide to sell their seller-financed note. For … Read More
