When a property isn’t selling most real estate agents are quick to suggest a reduction to the sales price. It is common to see the tag line “Price Reduced” added to for sale signs, listings and ads. Rather than just reducing price... consider offering owner financing to sell a property quickly! In today’s real estate market obtaining a mortgage can be a large stumbling block to home ownership. In the midst of this sub prime mortgage meltdown it is difficult to obtain a loan, especially for anyone with less than A+ credit and a 20% down payment. While there are many reduced priced properties … [Read more...] about Sell Property Fast With Owner Financing
Florida Note buyer
Can I Sell Part of My Mortgage Note?
Owner Financing doesn't have to mean waiting years or decades to receive money. Sellers have the choice to sell all or just part of their future payments for cash today. Option 1 - When note buyers purchase all the remaining payments on a land contract, mortgage note, or trust deed it is considered a full purchase. Option 2 - When the note buyer purchases just a portion of the remaining payments it is considered a partial purchase. … [Read more...] about Can I Sell Part of My Mortgage Note?
How to Sell Your Mortgage Note
Want freedom from collecting payments for the next 10, 20, or even 30 years? Prefer a lump sum of cash today? If you sold property with seller financing chances are you’ve wondered about selling the real estate note. Here’s how to sell a mortgage note, trust deed, or contract in 7 easy steps. … [Read more...] about How to Sell Your Mortgage Note
Learn the Value of Your Note
Wondering just how much your mortgage note is worth? The value of a note or contract is affected by many factors including the: Down Payment Terms of the Note Buyer’s Credit Rating and Payment History Type of Property Sold and Its Current Value Since each transaction is unique, we offer a free note analysis based on your individual situation. … [Read more...] about Learn the Value of Your Note
Protect Your Mortgage Note
A buyer failing to make payments on the mortgage note isn't your only worry. Understandably, a buyer that stops making payments is a major concern when using owner financing. After all, a seller-financed note is a very valuable asset. Unfortunately many sellers fail to protect their asset when it comes to another area...verifying current property insurance and taxes. … [Read more...] about Protect Your Mortgage Note