When a seller allows a buyer to make payments over time for the purchase of property, it is known as owner financing or … [Read more...]
Frequently Asked Questions
Why Owner Financing? Owner financing is on the rise with more sellers agreeing to accept payments from buyers. There are … [Read more...]
What’s the Big Deal with Note Rates?
The interest rate a seller agrees to accept when providing owner financing to the buyer has a large impact on the note’s … [Read more...]
Increase Value with Payment Histories
Keeping an accurate record of the payments received on the note shows how much the buyer still owes along with their payment … [Read more...]
Verify Taxes and Insurance
Worried the buyer won’t make payments? Understandably, this is a common concern by sellers using owner financing. After … [Read more...]
Safekeeping the Original Note
Can you easily locate the original promissory note? This important legal document should be kept in a safe place, and here … [Read more...]
Avoid Three Owner Financing Mistakes!
Would you rather have $97,000 to sell your $100,000 note or only $80,000? The difference usually comes down to the big … [Read more...]
Use Outside Closing When Selling Mortgage Notes!
When an investor has performed their research and is ready to purchase a private mortgage note they will ask the seller to … [Read more...]