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