Note Freedom Provides Nationwide Valuation Appraisal Services for Secured and Unsecured Promissory/Mortgage Notes. If you need a Valuation Estimate or an Appraisal of today’s cash value of your secured or unsecured notes, for the purpose of Estate Planning, Income Statement Preparation, Balance Sheet Preparation, or any other purpose we invite you to contract us today. [Read More…]
September 4, 2015 By
How to Sell your Contract/Promissory Note
Private mortgage notes are created through the owner financed sale of real estate. If you sold- or are considering the sale of your property with owner financing, you left the closing (title office), not with a check, but with a pile of paper, including a promise from your buyer to pay you in installments over [Read More…]
April 16, 2015 By
Facts About Selling A Mortgage Note.
With Interest Rates near historical low there will probably never be a better time to sell a mortgage note or promissory note. You see, the market value of your mortgage note is inversely related to the general interest rate environment. This means that as interest rates fall, the market value of your mortgage note increases; [Read More…]
October 14, 2014 By
Why Sell My Mortgage Note?
Accepting payments on the sale of real estate might have made sense at the time, but circumstances change. Many sellers discover they would now prefer cash today rather than the small amount that trickles in each month. Here are just a few reasons people have sold all or part of their seller financed mortgage notes [Read More…]
October 13, 2014 By
5 Reasons Owners Offer Seller Financing
Why would a seller allow a buyer to make payments over time for the purchase of property? Wouldn’t the seller rather get paid now and require the buyer to obtain a bank loan? Here are 5 reasons property owners offer seller financing: 1. Reduced Marketing Times What is the first thing a real estate agent [Read More…]
October 12, 2014 By
Payment Histories Increase Note Values
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 [Read More…]
October 11, 2014 By
Safekeeping the Original Mortgage Note
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 [Read More…]
October 11, 2014 By
Avoid Three Seller Financing Mistakes
Would you rather have $97,000 to sell your $100,000 note or only $80,000? The difference in usually comes down to the big three. Here’s the three biggest mistakes note sellers make and how to avoid flushing money down the drain. Mistake #1 – Failing to Check Credit The payer’s credit report lets you know how [Read More…]
October 10, 2014 By
Seller Financing – How Much Can The Buyer Afford?
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 [Read More…]
October 10, 2014 By
Seller Financed Notes and Interest Rates
The interest rate a seller agrees to accept when providing owner financing to the buyer has a large impact on the note’s value. Unfortunately, many sellers overlook this important decision. Why Private Mortgage Note Interest Rates Matter Inflation Fighter Each year it seems the cost to buy the basics just keeps going up. It’s not [Read More…]
