by Maryse Pierre | Feb 19, 2019 | How to Sell My Mortgage Note, Seller Financing Tips
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...
by Maryse Pierre | May 20, 2018 | Seller Financing Tips
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...
by Maryse Pierre | May 7, 2018 | Seller Financing Tips
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...
by Maryse Pierre | Apr 26, 2018 | Seller Financing Tips
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...
by Maryse Pierre | Apr 26, 2018 | Seller Financing Tips
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...
by Maryse Pierre | Apr 26, 2018 | Seller Financing Tips
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...
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