Down Payment Amount More is better, 20% or more is ideal, Investors feel better when the homeowner has skin in the game. Interest Rate Do Not write a 0% Interest Rate Note; Investors need a good yield ( 8 – 15+%). They will discount the note more to achieve there yield goal. Credit Score The […]
10 Ways To Increase The Value Of Your Promissory Note Read More »
There are many reasons to sell your note, these are some of the common reasons we see. Money for a new car or holiday Cash to pay of debts Cash to send your kids to College You need money for better investment opportunities. You want to make a big charitable contribution Do You Feel Like
5 Reasons To Sell Your Note Read More »
These are the documents you need to have to sell your note. The signed promissory note. The Security Instrument: Mortgage or Trust Deed. The Lender’s Title Insurance Policy Escrow Instructions Insurance Policy 12 Months Payment History Cancelled Checks Bank Statements Other paperwork that proves payments Sell Your Note
Documents Needed To Sell Your Note Read More »
Real estate market decline A downturn in the real estate market can significantly affect the value of the property securing the note, potentially making it worth less than the outstanding loan amount. This can lead to difficulties in recovering the debt if the borrower defaults, and may result in a loss for the lender. Borrower’s
7 Things That Can Go Wrong with A Note Read More »
