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Owner Financing - In an owner financed sale, the seller of real estate accepts a promissory note as part of the purchase price. A mortgage is then placed on the real estate being sold to secure the note. These owner financed notes can be sold for cash. The following lists the types of privately held notes that can be sold.
Residential Notes – Mortgages, Deeds of Trust, or Land Contracts that are created by the sale of
Commercial Notes - Mortgages, Deeds of Trust, or Land Contracts that are created by the sale of any type of commercial property
Vacant Land Notes - Mortgages, Deeds of Trust, or Land Contracts that are created by the sale of any
*This category does not include land that has been improved for development and building.
Today, owner financing has become an established and accepted practice in real estate. And because 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. Rapid Cash Flow Solutions can 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. FREE, No Obligation Consultation! Contact us by phone (513) 753-3769 E-mail: jtonelli1@aol.com  |
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