What Happens to My Buyer When I Sell My Owner-Financed Mortgage Note?
If you sold a home, land, or other property using owner financing, there’s a good chance you know the person making the payments. Maybe you wanted to help them purchase a home. Maybe owner financing simply made sense for both of you. Either way, you’ve...
How Mortgage Notes Are Valued
When people begin exploring the idea of selling a mortgage note, one of the first questions they ask is simple: “How much is my mortgage note worth?” The answer depends on several factors. No two owner-financed mortgage notes are exactly alike, which is why note...
Between the Bunkers
Around 1998, I reviewed a little over 100 mortgage notes in Orange, Texas. The negotiations were with an attorney handling the estate of the late Mr. Houseman, a local real estate investor and cemetery lot salesman. Uniquely, Mr. Houseman had operated his real estate...
