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So far Equity First Funding has created 49 blog entries.
21 07, 2018

Tips for Making Your Mortgage Note More Attractive


When selling any item, showcasing your product leads to an easier sale process and often, a better sale price. Mortgage notes are no different. Once you decide you would rather have cash now, it’s all about making your mortgage appealing to an investor. Many of the factors that determine the value of your mortgage note are set at the note’s creation — and cannot be changed. But, that doesn’t mean you are powerless once you’ve [...]

Tips for Making Your Mortgage Note More Attractive2018-09-17T11:18:14-06:00
26 06, 2018

How to Find a Trustworthy Mortgage Note Buyer


After deciding to sell your real estate note, the next step is finding a professional note buyer. And not just any note buyer. With your money and future on the line, you want to find the right buyer for you and your mortgage note. 7 Tips for Finding a Trustworthy Mortgage Note Buyer Like agreeing to seller finance, selling your mortgage note can be a difficult decision. At Equity First Funding we understand you have [...]

How to Find a Trustworthy Mortgage Note Buyer2018-07-17T14:33:47-06:00
31 05, 2018

5 Reasons to Sell Your Mortgage Note Now


We hear lots of reasons why people sell their note and put a lump sum of cash in the bank. In reality, it tends to come down to two things: a need or a want. Needs range from paying back taxes, getting rid of high interest credit card debt, or medical expenses piling up. Wants range from a family vacation, college tuition, or finally getting that dream car. Those items aside, here are the top [...]

5 Reasons to Sell Your Mortgage Note Now2018-07-17T14:32:55-06:00
27 04, 2018

Seller Financing or Renting — Which One is Better?


You’ve moved out of your home and now the house sits empty. Now what? While rental properties offer attractive monthly income, there just might be a much better option. Here’s five reasons to offer owner financing instead of being a landlord… 5 Benefits of Seller Financing Over Renting Out Your Property All the Income Without the Maintenance Responsible landlords and rental property owners have endless lists of projects, repairs and regular maintenance tasks. [...]

Seller Financing or Renting — Which One is Better?2018-06-04T10:52:34-06:00
26 03, 2018

What To Do If A Real Estate Note Stops Paying


Let’s face it, no one buys a real estate mortgage or creates an owner financed note in hopes that the payments stop coming in. Although not the norm, payers do default on notes, stop paying, get behind on payments, or outright walk away from the property. It goes without saying that you should always comply with all debt collection laws when dealing with a borrower/payer that gets behind on payments. That said, you [...]

What To Do If A Real Estate Note Stops Paying2018-06-04T10:54:37-06:00
2 02, 2018

Note Seasoning and Verifiable Payments


Here is something you might not have thought of…There’s not just one single item that determines the value of your real estate note. It's actually a combination of multiple variables including payment terms, interest rate, equity, property type, the buyer’s credit, and note seasoning. That last one, note seasoning, might sound a little cryptic, but really breaks down to being one of the biggest potential performance indicators. What is Note Seasoning? In note [...]

Note Seasoning and Verifiable Payments2018-06-04T10:58:06-06:00
18 01, 2018

What does LTV and ITV in Note Investing Mean?


Knowing the value of things is important—and real estate and mortgage notes are no different. Whether you are exploring offering seller financing or looking into selling a note, understanding the value what you are providing or own is paramount. Not only for your financial safety but for reselling down the road as well. What is LTV? Loan to Value, or LTV, is an indicator of potential consistency. Shown as a percentage, LTV tells [...]

What does LTV and ITV in Note Investing Mean?2018-06-04T10:58:57-06:00
26 12, 2017

What are ‘Face Rates’ and ‘Discounts’ On Notes?


If you're interested in seller financing or ready to sell your note, the terms ‘face rates’ and ‘discounts’ are probably words you have heard thrown around. If they aren’t, here’s an important quick overview. What is the Face Rate of a Note? Also known as the ‘present value,’ the face rate is simply the interest rate on the note and mortgage. The ideal face rate for a note depends on which party you [...]

What are ‘Face Rates’ and ‘Discounts’ On Notes?2018-06-04T11:01:06-06:00
10 11, 2017

Partnering with Financial Professionals in the Note Business


Partnering with financial professionals is a great way to help us, help you. Not only are you able to help your client, oftentimes you receive a referral fee…just for putting us in touch with a closing deal! Are you in any of these fields or know someone who is? Let’s talk! Real Estate Professionals Let’s face it: if there is a property sold, a real estate professional is probably involved. Not only do [...]

Partnering with Financial Professionals in the Note Business2018-06-04T11:02:21-06:00
28 08, 2017

When Is The Right Time To Sell Your Note?


It probably sounded like a great idea to carry back a note to help facilitate the sale of your property. Matter of fact, you might have been told that if your situation changes in the future, you could sell your note for a lump sum of cash. This might leave you wondering, when is the right time to sell your note? Does it matter what the traditional real estate market is doing? What [...]

When Is The Right Time To Sell Your Note?2018-06-04T11:03:14-06:00
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