Partnering with financial professionals is a great way to help us, help you. Not only are you able to help your client, oftentimes you receive a referral fee...just for putting us in touch with a closing deal! Are you in any of these fields or know someone who is? Let's talk! Real Estate Professionals Let's face it: if there is a property sold, a real estate professional is probably … [Read more...]
Top 21 Reasons For Selling Mortgage Notes and Trust Deeds
When it comes to selling mortgage notes, people have many different needs and reasons to sell compared to others. Whatever the reason that you want to sell your mortgage note, you definitely have some options. In addition to private buyers and consultants, there are a variety of financial institutions that are eager to buy your mortgage note. Here at United Notes Originator, we work with numerous … [Read more...]
Mortgage Note Buying Team Members
Whether buying or selling mortgage notes, understanding the players in a seller financed transaction makes for profitable relationships. Here are the five main team members along with some standard industry terminology. Seller - Note Holder - Payee When a property seller accepts payments from the buyer over time using owner financing, they also become the note seller, note holder, or payee. The … [Read more...]
What is Seller Financing?
When a seller allows a buyer to make payments over time for the purchase of property, it is known as owner financing or seller financing. This private financing by the seller can take the place of a bank loan or be in addition to a conventional mortgage. The payment amount, interest rate, and other terms are agreed upon between the buyer and seller. The amount financed by the seller will depend … [Read more...]
