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 … [Read more...]
Verify Taxes and Insurance
Worried the buyer won’t make payments? Understandably, this is a common concern by sellers using owner financing. After all, an owner-financed note is one of the seller’s most valuable assets. Unfortunately so many sellers fail to protect … [Read more...]
Structuring Notes for Top Dollar Pricing
The terms of owner financing dramatically impact the price an investor is willing to pay should the seller ever decide to sell their note, mortgage, trust deed or contract. Use these optimum terms to structure a seller-financed transaction for top … [Read more...]
What To Do If A Real Estate Note Stops Paying
Let’s face it, no one buys a real estate mortgage or creates an owner financed note in hopes that the payments stop coming in. Although not the norm, payers do default on notes, stop paying, get behind on payments, or outright walk away … [Read more...]
Is it Time to Sell Your Note?
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 … [Read more...]