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...
Do you dream of owning a home but feel overwhelmed by getting a mortgage through a bank? Or are you a property owner who wants to sell quickly without the bank’s lengthy processes? Owner-financed mortgage notes are a simple and powerful way for buyers and sellers to...
We have all heard the adage, “A picture is worth a thousand words.” In my experience of over forty-six years, this has proven true. Professional photos are one of the best ways to market and sell a home. Here are two examples where pictures changed my course of...
Seven Steps to Increase Value When Selling an Owner-Financed Mortgage Note Is it time to sell your owner-financed mortgage note? American Equity Funding recommends the Seven following steps to increase the value of a note. 1. Choose the right borrower Always...
Owner Financing/Preparing to Sell an Owner-Financed Mortgage Note Are you considering selling your home/property through owner financing and creating amortgage note? The following information will aid in safeguarding the process and prepare youfor a...
American Equity Funding is often asked about the potential value of selling an owner-financed mortgage note. Respectfully, that is a complicated and impossible question to answer without correct and adequate information. For instance, when selling a car, the buyer...