Are you interested in getting the absolute best price when selling mortgage notes? Payment histories can help you to get top dollar by increasing their value! It is very important that you keep accurate records of the payments that were received on a mortgage note so you know exactly how much money the buyer still […]
May 19, 2014 By
Safekeeping the Original Mortgage Note
Can you easily locate the original mortgage note? This important legal document should be kept in a safe place, and here is why! The promissory note is a promise to pay or IOU from the property buyer. It spells out the amount due and terms of repayment. In legal jargon it is known as a […]
May 17, 2014 By
Protect Your Mortgage Note
A buyer failing to make payments on the mortgage note isn’t your only worry. Understandably, a buyer that stops making payments is a major concern when using owner financing. After all, a seller-financed note is a very valuable asset. Unfortunately many sellers fail to protect their asset when it comes to another area…verifying current property […]
