Preparing to Sell My Note Let’s say that Susie sells and owner finances a home to John. Circumstances change and Susie now needs cash and decides to sell the note. If you find yourself in a similar situation, here are some tips that will help prepare and safeguard your note selling process: Know Your Buyer
Yes, American Equity Funding (AEF) owns the notes we purchase and we receive the payments. In many cases, however, we either broker the note to a bank or some other corporation. The payments then go to the new buyer and American Equity Funding simply ensures a smooth process. Banks Banks are not typically set up
American Equity Funding opened in 1991 but, as the owner, I have been purchasing owner financed mortgage notes since 1983. We have been in this business a long time and have developed essential skills to offer our clients exceptional service.
American Equity Funding is often asked this question: How should an owner financed mortgage note be structured to be sellable? The following seven suggestions will increase the worth of your note: 1. Choose the right buyer Always require potential buyers to fill out an application and pull their credit. Pending permission, American Equity Funding can
Here are some tips that will help prepare and safeguard you in the owner finance process. As always, American Equity Funding is here to help answer any questions you may to ensure a successful sale.(800) 874-2389
Property Value in Today’s Market In my line of work, I have the privilege of knowing many real estate agents and have a network of realtors across the country. Recently, I listed and sold a home in the northeast and the property was sent to two top-notch agents named Mario and Cory. Geographically, the property
Mortage Note Note Ownership American Equity Funding (AEF) owns each mortgage note it purchases and also receives the payments. In many cases, however, the notes are brokered to a bank or other financial institution. The payments are then received by the new buyer and American Equity Funding ensures a smooth process. Note Financing Banks