Note Servicing Companies FCI Lender Services works in all 50 states. Their phone number is 800-931-2424 x-651. NSC Note Servicing Center works in every state except New York and New Jersey. Their phone number is 559-665-3456 x.305 or x.301. Madison Management Services works in 46 of the 50 states (every state except for Montana, New Hampshire, New York, […]
Can I Sell My Note Right After I Create It? Reality Check on Simultaneous Closings by Note Queen May 15, 2008 Seller Financing, Selling Your Note The simultaneous closing is a little-known, but powerful strategy for getting real estate transactions closed in difficult markets. Wouldn’t you like the competitive edge if you’ve got property on the […]
Simultaneous financing has to do with creating a note with seller financing and then selling that note quickly to a note broker. It’s important to create the note so that the note broker will buy it or Market it for sale. Creating a marketable note is an important thing and we teach that here.
Note payments Many times we will give a note for equity. Many times we will give a note and negotiate no payments for 60 months. Other times we will give a note and negotiate interest only. And other times we will give a note and negotiate annual payment only. No payments are completely negotiable.
Selling notes in real estate investing This means you’re selling promissory notes that are secured by real estate that are in either first or second position. So if you have a first position note for $60,000, and the properties worth $100,000, the loan of value is 60 / 100 or 60%. . This means that if […]
It’s got to do with Note brokering, You can sell part of a note, generally the “front end of a note” or the “beginning payments of a note”. It’s also called “selling the front end of a note on a partial”, it means that a seller is selling a portion of the early payments on […]
