Saturday, December 29, 2007

Sell a Mortgage Note - Mortgage Note Buyer - Sell a Real Esate Note

Sell Mortage Note Info

Looking for the best place to to sell your Sell a Mortgage Note, Sell a Real Estate Note or to Sell a Promissory Note for the Highest Cash Value? When you Sell a Mortgage Note or Sell a Real Estate Note, you probably feel confused, anxious, and uncertain. Most First time Cash Flow Note Sellers feel the same way when they Sell a Morgage Note. When you sell a Mortgage Note or Sell a Real Esate Note there are many questions and concerns you have and you want to know where you can get help, who you can trust, and where to get the Most Cash for you Mortgage Note.


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We have been investigating the market for Selling a Mortgage Note and Selling a Real Estate Note for some time now and after careful research we have found Northwest Note Buyers the best place to Sell a Mortgage Note, Sell a Real Estate Note, Sell a Promissory note or to sell any kind or Business, Commercial or Residential Real Estate Note for the Top Dollar Cash cash you deserve.


Northwest Note Buyers
Sell Morgage Note, Sell Real Estate Note. Mortgage Note Buyer you can Trust.


Why do we like NorthWestNoteBuyers.com ? First, Northwest Note Buyers pays top cash when you Sell a Mortgage Note or Sell a Real Estate Note. And, the process can be completed in just days, which means Quick Cash in your hands to use however you want!

Second, their Reputable and Nationwide Mortgage Note Buyers are second to none. We are extremly impressed with the reputation of NorthWestNoteBuyers.com and their Qualified Professional Mortgage Note Buyers and Real Estate Note Buyers. They will take the time to answer your questions, walk you through the process of Selling a Mortgage Note and are dedicated to getting you the Top Dollar Value when you Sell a Mortgage Note.

Where can you locate Northwest Note Buyers and talk with them to learn more about how to Sell a Mortgage Note or to Sell a Real Estate Note. Our Research clearly shows that the leader in the Mortgage Note Selling Industry and the best place to Sell a Mortgage Note or get a free quote is:

NoteNorthWestNoteBuyers.com
America's Best Mortgage Note Buyer and Real Estate Note Buer. Sell a Mortgage Note with Confidence!



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Note: It is important for you to know that there is no risk to the you, the Mortgage Note Seller, when Selling a Mortgage Note, Selling a Real Estate Note, Selling a Promissory Note or any type of Cash Flow Note because these transactions are always handled by Nortwest Note Buyers Friendly, Qualified and Experienced Mortgage Note Buyers and the transaction is always handled by an Escrow Company of the Note Seller's choice.!

We believe that you can trust NorthWestNoteBuyers.com and their Qualified, Sincere, Creative and Nationwide Mortgage Note Buyers when you want to Sell a Mortgage Note. Visit them today and find out what your Mortgage Note is worth. Free Evaluations and Quotes are done confidentially and quickly. Why not contact them today?

Sell Mortgage Note, Sell Real Estate Note. America's Mortage Note Buyer. Sell your Mortgage Note with confidence!

Sell a Mortgage Note - Mortgage Note Buyers and Finders Info

Creative home sellers who offer seller financing to potential Buyers can often sell their houses more quickly (and at a higher price) in a slow market.

While applying seller financing techniques isn't more difficult than traditional Real Estate sales, it is important to recognize that the buyers looking for seller financing represent a different target market than typical bank-financed customers.

Similarly, the process for obtaining a large cash payment for the seller after a Real Estate Note is created varies from the conventional Real Estate closing technique as well.

Fulfilling a Seller's Need for Cash


In some seller-financed Real Estate situations, the property owner may have an immediate need for more cash than is available from the scheduled principal and interest payments. This situation often comes about when the seller needs to have enough money to use as a down payment for their next Real Estate purchase.

In order to quickly obtain a large proportion of the money due from the loan, or Note, they just created, the seller could sell the monthly Notepayments to a buyer for a lump sum of cash. By locating someone willing to buy the Notepayments, the seller will have ready cash for a down payment or any other pressing financial need.

In order to streamline the seller finance sale situation, it is advisable to have potential Buyers for the newly-created Cash Flow at the ready. A Seller can start looking for a Buyer before the Note is created, or even before a seller-financed Buyer is "lined up". This way, the property seller could have a Buyer for the payment stream ready to make the purchase as soon as the new private mortgage or Real Estate Note is created.

Locating the Right Note Buyer


But what is the best method to find a Note Buyer? In stark contrast to locating seller-finance buyers for the real estate itself, a classified ad in the paper is not the best option. Most people looking to purchase a stream of monthly payments do not look in the newspaper for potential Cash Flows to add to their portfolios. An alternate marketing strategy is required for finding a Note Buyer.

In recent years, the Internet has become the best place to find Cash Flow Purchasers. Using keywords such as "Buy Monthly Payments" or "Buy Mortgage Payments" at a popular search engine website should lead to many interested buyers.

Sometimes there are so many potential Note Buyers, it can be difficult to figure out where to start. Also, Cash Flow Buyers tend to have distinctly different financial parameters; an opportunity that meets the needs of one person perfectly may not be attractive at all to another. Therefore, it is often best to work with someone who could give the seller a general idea about how Notes should be structured.

Using Note Finders...


In the secondary finance industry, a unique group of individuals exists who specialize in locating Note Buyers. These cash flow specialists - often known simply as "finders" - have a unique understanding of what most Buyers are looking for. These finders are happy to work with agents and their clients. Many of them utilize online marketing and have Internet websites to facilitate the Buyer location process.

The best of the bunch also look in the newspaper for property sellers offering financing, so sometimes a good finder will contact the seller if their property is advertised as FSBO. Finders specialize in helping property sellers locate buyers for secured notes.

Once in contact with a finder, the seller should explain the details of the situation. While note finders won't be able to offer any legal advice or assist with the creation of a note, they are qualified to give general recommendations about what types of terms are attractive to note purchasers. Most importantly, note finders will be able to help locate a Buyer for a newly-created Cash Flow.

Remember, these finders are not note brokers, meaning they will not "show" the seller's note to Buyers or act as a representative. They will only pass the information along to someone who would be interested. Once a commitment to purchase the cash flow has been established, the Buyer will step in and complete the deal.

When working with a property seller who needs a lump sum of cash immediately after selling their Real Estate, contacting a finder early in the process of creating a real estate note makes sense. By involving a qualified Note Finder BEFORE a note is created, the property seller can receive invaluable input about the payment characteristics that Note Buyersprefer.

Without this knowledge, the property could sell quickly with the creation of a new note, but the seller might end up collecting the payments long-term instead of being able to quickly "trade" the future payments for an upfront Cash Settlement. If the property seller will need a large amount of cash quickly, it makes sense to plan ahead for a Buyer to purchase the cash flow and involve the services of a Note Finder.

Monday, December 24, 2007

Selling Trust Deed Notes to Raise Cash Quickly

People sell Trust Deed Notes or Real Estate Notes to raise cash quickly. A Trust Deed Notes is just the loan document created when you financed the sale of your house or investment property. It could be a mortgage note, or a land-contract or contract-for-sale. The point is that the buyer is making payments to you, and you want to cash in.

You can sell the entire Trust Deed Notes contract, or just a certain number of payments if you want. The buyer of your property will have the same terms and payments. He'll just be making those payments to somebody else.

Selling real estate notes and Trust Deed Notes can be an intimidating process. You know you won't get the full face value for your Trust Deed Note, but will there be other fees you have to pay too? How do you know if the buyer is reputable? What is a normal discount on a Trust Deed Note or Real Estate Note? Here are some guidelines to follow when selling your Trust Deed, Deed of Trust or Real Estate Note:

1. No upfront fees. If they ask, go someplace else. You should be able to find many note buyers who will check your buyers credit and give you a quote without charging you.

2. No other fees, with a couple exceptions. The Trust Deed Buyer has already figured his expenses before making the offer, so there are only a couple fees you should have to possibly pay. First, you may have to pay for the title policy, if there are problems with the title that prevent purchase. Second, if the property appraises at less than the sales price, you may have to pay for the appraisal. You should only pay exactly what these cost the note buyer though.

3. Be sure that the Trust Deed Buyer gives you a written purchase agreement with the purchase price and contingencies. Ask questions about anything that isn't clear.

4. The Note Buyer should check the credit of your property buyer upfront. Unscrupulous Tbuyers can quote one price initially, and then lower it later, using the excuse of the property buyer's bad credit score. This is called "bait and switch," and it isn't ethical.

5. Contact several Note Buyers for quotes. You'll need to provide information like the type of property, sale price, payment amounts, current balance, etc. They should respond within a day or two.

6. When you get a quote you like, you'll have to send copies of the Mortgage or Deed of Trust, the Note, the closing or Settlement Statement, and the Title Policy. If there is no recent appraisal, they will usually arrange for that.

7. Processing time varies when you Sel your Trust Deed, so ask. Usually, once you agree to the offer and send the documents (if done by mail), you can expect to receive a certified check or electronic transfer to your account within two to three weeks.

Sell Trust Deed Notes or Real Estate Notes - Get Top Dollar!



Trust Deed Notes and Real Estate Notes with a balloon payment get a higher price. "Seasoned" Trust Deed Notes sell for more too. Those are Trust Deed Notes that have had payments made on them for a while. Some note buyers will buy new or "unseasoned" notes, but if you can wait until six payments have been made, you're likely to get a much better price.

Higher interest rates and shorter loan periods will get you more money too. This is something to consider before you sell the house, if you think you might sell the Note in the future.

You can sell second mortgage notes, and other second-place real estate notes as well. Note Buyers will look at these differently though. The first and second place notes can't add up to much more than 70% of the value of the property, or you'll be looking at a steep discount

Discounts, by the way, will almost always seem steep. It is common for note buyers to pay 20% to 30% less than the current balance on the note. I'll let them explain why. Suffice it to say, they need to make money on the deal, and you should be sure you have a good use for that cash before you sell those Trust Deed Notes and Real Estate Notes.

Again, I would strongly recommend NorthwestNoteBuyers.com as Reputable and Trust Worthy, paying out top prices and having the backing of Nation-Wide Buyers to help you.