note buyers

17 08, 2018

5 Seller Financing Myths You Should Be Aware of Right Now!

2018-09-17T11:24:34-06:00

Seller financing is often misunderstood. Not because it’s a complicated process or because it’s impractical, but because it’s little talked about and not well known. Unfortunately, these seller financing myths (or lack of information) are stopping homeowners and homebuyers from using private mortgage notes as an alternative to traditional bank loans. Cutting the bank from the deal means the seller takes on the role of the lender. Rightfully so, this can be scary — both [...]

5 Seller Financing Myths You Should Be Aware of Right Now!2018-09-17T11:24:34-06:00
21 07, 2018

Tips for Making Your Mortgage Note More Attractive

2018-09-17T11:18:14-06:00

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

2018-07-17T14:33:47-06:00

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
18 01, 2018

What does LTV and ITV in Note Investing Mean?

2018-06-04T10:58:57-06:00

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
10 11, 2017

Partnering with Financial Professionals in the Note Business

2018-06-04T11:02:21-06:00

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
6 05, 2017

Is it Time to Sell Your Note?

2018-06-04T11:05:21-06:00

Every day people line up to sell the mortgage note they carried back from the sale of a home. Although some people keep the note for the entire term, usually, at some point, there comes a time to sell the note and receive a lump sum of cash. Why Carry Back a Note? Chances are you carried back a note because you had to. Most people would have preferred a full cash offer [...]

Is it Time to Sell Your Note?2018-06-04T11:05:21-06:00
7 04, 2017

What Is Real Estate Note Due Diligence?

2018-06-04T11:05:56-06:00

Before an investor pays cash for a real estate note, they perform what is called “due diligence.” This is really just a fancy word for research. You can simplify the process by being prepared for these common note investor requirements. When an investor makes an offer to purchase a note, mortgage, deed of trust, or real estate contract, it is subject to underwriting and due diligence. This enables the note investor to verify [...]

What Is Real Estate Note Due Diligence?2018-06-04T11:05:56-06:00
21 03, 2016

Safekeeping the Original Mortgage Note

2018-06-04T11:10:29-06:00

Can you easily locate the original mortgage note? This important legal document should be kept in a safe place, and here is why! The promissory note is a promise to pay or IOU from the property buyer. It spells out the amount due and terms of repayment. In legal jargon it is known as a negotiable instrument. Similar to a check, the original must be presented to collect or prove ownership. If the [...]

Safekeeping the Original Mortgage Note2018-06-04T11:10:29-06:00
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
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
Go to Top