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…]
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 10, 2014 By
Use Outside Closings To Sell Mortgage Notes!
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 [Read More…]
October 10, 2014 By
Can I Sell Part of My Mortgage Note?
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 [Read More…]
October 9, 2014 By
How to Sell Your Mortgage Note
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.
