Equity First Funding

About Equity First Funding

This author has not yet filled in any details.
So far Equity First Funding has created 49 blog entries.
19 03, 2016

What is Seller Financing?

2018-06-04T11:12:52-06:00

When a seller allows a buyer to make payments over time for the purchase of property, it is known as owner financing or seller financing. This private financing by the seller can take the place of a bank loan or be in addition to a conventional mortgage. The payment amount, interest rate, and other terms are agreed upon between the buyer and seller. The amount financed by the seller will depend upon the [...]

What is Seller Financing?2018-06-04T11:12:52-06:00
18 03, 2016

Use Outside Closings To Sell Mortgage Notes!

2018-06-04T11:13:45-06:00

Ready to sell mortgage notes? Protect yourself with outside closings! When an investor has performed their research and is ready to purchase a private mortgage note they will ask the seller to deliver original documents (note, recorded mortgage, etc.) and sign the transfer package. The Note Buyer The note buyer will want these original documents before the funds are released to the seller. The Mortgage Note Seller A note seller may understandably wonder, [...]

Use Outside Closings To Sell Mortgage Notes!2018-06-04T11:13:45-06:00
18 03, 2016

Sell Property Fast With Owner Financing

2018-06-04T11:14:16-06:00

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 [...]

Sell Property Fast With Owner Financing2018-06-04T11:14:16-06:00
17 03, 2016

Safe Seller Financing Tips

2018-06-04T11:14:57-06:00

It’s a tough time to sell a house. Hoping to stand out from the crowd, sellers are advertising “Owner Will Finance! Accepting payments over time provides buyers an alternative to bank financing. Of course sellers don’t want to trade a house that won’t sell for a buyer that won’t pay. Before you agree to “Be the Bank” read these 7 Tips For Safe Seller Financing! […]

Safe Seller Financing Tips2018-06-04T11:14:57-06:00
17 03, 2016

Can I Sell Part of My Mortgage Note?

2018-06-04T11:15:31-06:00

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 [...]

Can I Sell Part of My Mortgage Note?2018-06-04T11:15:31-06:00
17 03, 2016

Payment Histories Increase Note Values

2018-06-04T11:16:35-06:00

Want top dollar when selling mortgage notes? Increase the value with payment histories! Keeping an accurate record of the payments received on a mortgage note is essential for knowing how much the buyer still owes.  This also establishes a record of their payment habits - with an added benefit. The value of a note can be improved by presenting note buyers a verifiable payment history! There are two main ways to keep track [...]

Payment Histories Increase Note Values2018-06-04T11:16:35-06:00
17 03, 2016

Protect Your Mortgage Note With Current Taxes and Insurance

2018-06-04T11:18:33-06:00

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. Next to delinquent payments, the most common default by buyers is failure to keep the [...]

Protect Your Mortgage Note With Current Taxes and Insurance2018-06-04T11:18:33-06:00
16 03, 2016

Learn the Value of Your Mortgage Note

2018-06-04T11:19:22-06:00

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. Fortunately it is easy to obtain a free evaluation in 3 easy steps: Step [...]

Learn the Value of Your Mortgage Note2018-06-04T11:19:22-06:00
16 03, 2016

How to Sell Your Mortgage Note

2018-06-04T11:19:50-06:00

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. Step #1 Request a Quote - Just complete a short informational worksheet to receive a free no obligation quote. This [...]

How to Sell Your Mortgage Note2018-06-04T11:19:50-06:00
Go to Top