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Showing posts from June, 2017

Major Advantages Of Selling Private Mortgage Notes

Private mortgage note has also been referred as owner financed mortgage note. This has become prevalent due to many reasons. Broadly, you shall note three major advantages of selling private mortgage note. For selling, it is important to find private mortgage note buyers . In the following section, we shall find some benefits of private mortgage note selling.   Easy to Find Buyers   Finding buyers for private mortgage note is not a difficult thing rather the job has tuned quite easier these days. More than half of the applications for the loans are rejected these days by banks. As people get rejected by banks, they try to find alternative sources for financing. In this regard, private mortgage has turned quite important. It gives easy opportunity for financing.   Time and Money Saving for Owners   If you have decided to sell my real estate note , you can save both time as well as money. Both owners and buyers can save money on associated fees, like closing cost, origin

Factors That Help Determining Value of Private Mortgage Notes

Value of private mortgage has often been overlooked by many private mortgage note holders. In reality, it can be considered as an effectual investment option, if you deice to sell mortgage note. It is not a problem to find a buyer for your mortgage note as well. The key thing is to understand the value of your mortgage note before you actually decide selling it. How the value of mortgage note has been determined? In the following section, we shall explore those factors that work as key parameters for determining value of mortgage note. The Down Payment of the Property If you have made a good chuck of down payment when buying property, mortgage note for the property will be considered as valuable. It actually suggests that there are lesser risks for the mortgage buyers. In this case, finding interested candidates to buy private mortgage notes becomes easier. Buyers look for risk free investment and that is what they get when the down payment is high on the property. Season