Down Payment AmountContents1 Down Payment Amount2 Interest Rate3 Credit Score4 Collateral5 Position of your Note6 Quality of Payor7 Terms of the Note8 Title9 Liquidity10 Co-Signers 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 …
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 …
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
The Real Estate Market declines and makes you note worthless The Note Payor has debt issues and files bankruptcy The Note Payer trashes the house and goes to jail The Note Payor makes illegal drugs in your house and make the house uninhabitable due to toxic chemicals. The house burns down but the Insurance has …
