Author: Kevin Clancy

Want to sell a real estate note but have problems which your note buyers couldn’t resolve? If so, this blog post is for you. First let’s review… when investing in any real estate note, we look at 5 primary factors… the borrower’s performance on his financial obligations, the type of property, the equity position of … Continued

Problems in Selling a Michigan Land Contract? See how we handle problems. When buying a Michigan Land Contract, the first thing we want to know is how does the borrower handle financial obligations… how is he is performing on your note and his other financial obligations.  We further evaluate the property, the equity position of … Continued

Thinking: I am interested in selling my mortgage note, what determines its value? The first group of factors we will look at is: how does your borrower perform against his financial obligations? We will evaluate two things. First how is your payor performing on his obligation with you? Has he made all his payments on … Continued

What’s it like to talk with a mortgage note buyer?  At this point you’ve decided that the time has come to sell your mortgage note for cash to make an investment, pay tuition, pay bills, or eliminate the worry of record keeping, default and potential foreclosure.  And you decide to call a mortgage note buyer. … Continued

What are Note Buyers looking for… when I want to sell my note? So you’ve sold a property and taken back a mortgage… and the buyer is paying you, not a bank.  So now, what do you do?  Let’s make sure you understand your responsibilities as a mortgage holder… especially if you decide you want … Continued

Thinking “I want to sell my note”… what are the critical factors determining its value?   Let’s discuss what gives your mortgage  note the most value.  First, few mortgages are exactly alike.  They have different balances and different interest rates.  One mortgage may be secured by a single-family home while another may be secured by … Continued