If you’re looking for a way to invest your money that also comes with a steady and dependable income stream, buying mortgage notes might be just the thing for you. Every day, banks and other lenders sell mortgages as secondary investments to investors who are willing to take on the risk in exchange for a …
The Ultimate Guide to Investing in Mortgage Notes Read More »
A mortgage note is one of the many documents that make up a mortgage transaction. It can be confusing to know what exactly these different pieces of information are, and how they fit together. If you’re not sure whether a mortgage note is the same as a deed of trust, rest assured that you …
Mortgage Note Values: How to Find the Value of Your Mortgage Note When you buy a home with a mortgage, you also buy the right to sell it at some point. While real estate agents and home buying websites make it easy to find the value of your home, they may not be able …
Selling a mortgage note is more challenging than it seems. A potential buyer needs to see the value of your mortgage note, and that means you need to find someone who wants to buy it. Selling a mortgage note is not as simple as just finding someone willing to pay for it. There are …
Should a 70 year old buy an annuity? Many financial advisors suggest that age 70 to 75 may be the best time to start an income rate because it can maximize your payout. A deferred income annuity typically requires only 5 percent to 10 percent of your savings, and it starts paying off later in …
