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Private Mortgages Notes
Did you provide seller financing to sell your house?
 
Are you thinking of selling your home and would like to save money on real estate agent fees?

Today, owner financing has become an established and accepted practice in real estate. With the growth of the private mortgage industry, owner financing is an even more attractive option that it once was in the past.

Sell all or only a portion of your privately held note.

You may even sell future payments today while still receiving current payments.

The Time Value of Money Concept explains that money today is worth more than money tomorrow. Economic factors like inflation and the rising cost of living make money in the future worth less than money today. Most people would agree $100 today can buy more things today than you could in 10 years. Today the value of your note(s) will depend on several factors, including:

  • Number of remaining payments 
  • Interest rate (if any)
  • Credit worthiness of the party making payments to you
  • The collateral securing the note (if any)
There are many reasons why someone would want a lump sum payment on their note:
  • Pay off debt
  • Other investment opportunities
  • Major purchases
  • Fund college costs
  • Current enjoyment
  • Pay taxes
  • Simply tired of collecting payments!

Types Residential Notes that we work with – Mortgages, Deeds of Trust, or Land Contracts that are created by the sale of:

  • Residential Properties
  • Houses
  • Townhouses
  • Condominiums
  • 1-4 Family Units

We facilitate the sale of existing private mortgage notes, portfolios of residential or commercial mortgage notes, or can arrange point of sale funding, also called table funding or simultaneous closing.

Contact us today at Fast Trak Funding Services and find out how we can assist you.





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