Helpful Information On Owner Financing & Selling Your Note
Whether you’re looking to sell your house using owner financing, or have already carried back a note and are curious what your options are, we’ve got you covered. Below is a collection of helpful articles covering these topics to help increase your knowledge base and help you make better decisions. For even more information, download a copy of our FREE Note Holder’s Handbook. It has 10x the information contained here and could help you avoid making costly mistakes.
Pricing Your Note in 3 Easy Steps
What is the most important thing to consider when selling a mortgage note? When selling a mortgage note, one of the most important things a seller can do is know how note buyers come up with their offers. This ensures they can negotiate the fairest price that works for both the buyer and the seller.
Disadvantages of Seller Financing
When selling your mortgage, you don’t have to sell all of the payments. A partial purchase could be the best of both worlds, giving you cash up front and then payments and control of the note later.
10 Advantages of Seller Financing
When selling your mortgage, you don’t have to sell all of the payments. A partial purchase could be the best of both worlds, giving you cash up front and then payments and control of the note later.
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“…private mortgage notes can be sold and thus converted into cash. The amount they sell for is based on the principal balance, the number of payments that have been made (referred to as “seasoning”), the number of remaining payments, the home’s (or other asset) appraised value and the borrower’s creditworthiness.
