What is Owner Financing? 

If you sell your property and take back a mortgage or deed of trust and collect payments from the buyer, you have owner financed also called "taking back a note".

A real estate note is a promise to pay a debt, with the promise secured by a mortgage, trust deed or contract. 

If the note is properly constructed, it can be sold and you can get the cash value for the note.

The Basic How-to's of Constructing a Note.

1) *Determine if the property qualifies: Property Appraises for $60,000 or More, Little to No repair or condition problems, Property has Land.

2) Qualification of an Applicant: We recommend using the "Freddy Mac Universal Loan Application".   Run a Credit Check on the Applicant for FICO score. 

3) Structure the Contract: Loan -to-Value (LTV) is one of the most important factors. The Details in the note such as interest rate, terms,  and the payment amount  are also vital when constructing a note.

When structured correctly, you can receive top dollar for your note. Working with the right company when structuring your note can open up more possibilities and opportunities that will best fit your individual needs.

At no cost to you, we can determine if your home qualifies. We will work hand-in-hand with you constructing a note that best fits your needs!

You can start now -with no obligation! 

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All Information is Confidential and Personal. We do not and will not share your information with anyone or any entity that is not affiliated with our company and/or is not beneficial to your transaction.