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...]
When Is The Right Time To Sell Your Note?
It probably sounded like a great idea to carry back a note to help facilitate the sale of your property. Matter of fact, you might have been told that if your situation changes in the future, you could sell your note for a lump sum of cash. This might leave you wondering, when is the right time to sell your note? Does it matter what the traditional real estate market is doing? What about 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...]
Safe Seller Financing Tips
It’s a tough time to sell a house. Hoping to stand out from the crowd, sellers are advertising "Owner Will Finance!" Accepting payments over time provides buyers an alternative to bank financing. Of course sellers don’t want to trade a house that won’t sell for a buyer that won’t pay. Before you agree to "Be the Bank" read these 7 Tips For Safe Seller Financing! … [Read more...]