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 … [Read more...]
5 Seller Financing Myths You Should Be Aware of Right Now!
Seller financing is often misunderstood. Not because it’s a complicated process or because it’s impractical, but because it’s little talked about and not well known. Unfortunately, these seller financing myths (or lack of information) are … [Read more...]
Sell Your Home With Owner Financing or Rent – Which One is Better?
While rental properties offer attractive monthly income, there just might be a much better option. Here’s several reasons to offer owner financing instead of being a landlord... Benefits of Seller Financing Over Renting Out Your … [Read more...]
Mortgages Versus Promissory Notes
When purchasing real estate with financing, you typically need to sign two specific documents to borrow money: a mortgage and a promissory note. In some states it is a deed of trust and a promissory note. For note investors and new homeowners, … [Read more...]
What are ‘Face Rates’ and ‘Discounts’ On Notes?
If you're interested in seller financing or ready to sell your note, the terms ‘face rates’ and ‘discounts’ are probably words you have heard thrown around. If they aren’t, here’s an important quick overview. What is the Face Rate of a … [Read more...]