You may wonder who owns your owner-financed mortgage after you sell your note to American Equity Funding (AEF) or other mortgage-buying companies. Following the purchase, we (AEF) have note ownership and receive the payments. In many cases, however, it is in our...
Selling or keeping your mortgage note is a personal matter, and the answer always depends on needs, timing, and preferences. Let’s delve into a real-life example for perspective and understanding. Selling a Note A client of American Equity Funding was interested in...
Owner financing prospects in 2024. Owner financing and selling owner-financed mortgage notes has gained popularity in real estate markets. These alternative financing options offer flexibility for both buyers and sellers, and the prevailing market dynamics will...
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...
The wise adage of ‘anything worth doing is worth doing well’ rings true when preparing to sell an owner-financed mortgage note. Oftentimes, the sale of a mortgage note becomes complicated when the necessary knowledge or paperwork is not readily available....
