US Note Buyer

26 09, 2018

Understanding Note Performance – Performing vs Non-Performing Notes

2018-09-26T13:23:46-06:00

Not all mortgage notes are created equal. With so many different factors going into the value of seller-financed mortgage notes, it's no wonder some are worth more than others. One of the most significant value indicators? Note performance. Payment Histories Indicate Note Performance By now, you know that payment histories (especially verifiable payments) significantly increase the value of a mortgage note. In addition to you receiving monthly income, it also gives your buyer - and the [...]

Understanding Note Performance – Performing vs Non-Performing Notes2018-09-26T13:23:46-06:00
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
1 03, 2017

The Owner Financed Note Players

2018-06-04T11:07:06-06:00

Whether buying or selling notes, understanding the players in an owner financed transaction makes for profitable relationships. Here are the five main team members along with some standard industry terminology. Seller – Note Holder - Payee When a property seller accepts payments from the buyer over time using owner financing, they also become the note seller, note holder, or payee. The payee is receiving payments on a note or contract.  If the payee [...]

The Owner Financed Note Players2018-06-04T11:07:06-06:00
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
20 03, 2016

Seller Financing – How Much Can The Buyer Afford?

2018-06-04T11:11:45-06:00

viagra oral viagra oral Many sellers accept owner financing without any idea of how much the buyer can actually afford to pay. The last thing a seller wants is to stress over receiving monthly payments or worse, getting the property back through foreclosure. 3 Ways to Calculate Payment Affordability Before Accepting Seller Financing The amount a buyer can afford to spend on a house depends on their income, overall debt, cash they can put [...]

Seller Financing – How Much Can The Buyer Afford?2018-06-04T11:11:45-06:00
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
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

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

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
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