1. The discount is only applied to the portion that you sell. Since cash today is worth more than cash tomorrow, all note sellers can expect a discount to be applied to their remaining note balance when selling. By selling only part of your note, … [Continue reading]
Exactly what is Seller Financing
When a seller allows a buyer to pay gradually for the purchase of residential property, it is called owner financing or seller financing. This personal financing by the seller can fill in a bank loan or be in addition to a conventional mortgage. The … [Continue reading]
10 Ways To Increase The Value Of Your Promissory Note
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 … [Continue reading]
5 Reasons To Sell Your Note
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 … [Continue reading]
Documents Needed To Sell Your Note
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 … [Continue reading]
