NEED BIRD DOGS ON SELLER FINANCED NOTE (PAPER) SEE NOTE EDUCATION BELOW

From the note is at least 1 month seasoned, it can be sold. However the more seasoned the note is the better the discount price will be along with Payor credit score.

You can go to website below to the sell your note icon, it will ask you all questions the buyer and seller investors will need to buy your note. This is a free, no obligation quote.

http://www.cash4cashflows.com/jsmith168/

Normally their more than 1 quotes to choose from. If seller decides to take any of these quote. I will then contact the appropriate buyer investor to make them aware. There will be several agreement papers work before I transfer seller over to close with the buyer’s investor.

Note Buyers are not so much about the property but more on the note. You can ask Note Seller to answer these questions:

How long did they purchase the property?

Was it a regular or foreclosure brought?

If it a foreclosure how much money did they put in for repairs?

What do they need the money for?

Please give them my name so it I have to speak to them before their closing they are aware who I am. Advice the seller the more seasoning and payor credit will determine a good discount payout.

GOOD LUCK TO YOU ALL

TO BIRD DOGGERS CAN LOOKOUT:

FOR SELLER/ OWNER FINANCED NOTE HOLDER WHO ARE COLLECTING AT LEAST 1 MONTH MORTGAGE PAYMENT.
(NOTE SELLER WHO IS COLLECTING 6 MONTHS OR MORE GETS A BETTER DISCOUNTED RATE ON THEIR NOTE).

NOTE HOLDER ALWAYS ADVERTISES IN THE NEWSPAPER, INTERNET AND FLYER SEEKING TO SELL THEIR PROPERTIES BY OFFERRING SELLER/ OWNER FINANCED, LEASE OPTION AND INVESTORS THAT BUY HOUSES CHEAP NORMALLY ARE NOTE HOLDERS.

CONTACT NOTE SELLER AND ASK IF HE OR SHE WOULD LIKE TO SELL THEIR NOTE FOR CASH.

IF NOTE HOLDER WISHES TO SELL THEIR NOTE, PLEASE REFER TO MY WEBSITE. THERE IS AN ICON AT THE TOP THAT STATED NOTE FOR SALE.THIS WILL ASK THEM ALL THE QUESTION THEY NEED.

SELLER FINANCED NOTE CREATION BREAKDOWN

John (buyer) looking to purchase a house and he finds one that he wants to buy from Tim (Seller). Tim owns the house free and clear and equity=$200,000. John cannot get the $200,000 from a bank.

They both agreed on $215,000 for the purchase price which includes a $15,000 seller concession as down payment and closing cost.

Since Tim wants to sell quickly, they agreed that John will give Tim monthly payments installment until the $215,000 is paid off. A note is created for 215,000 by Tim’s Accountant and Lawyer. Tim is the note holder (mortgagee) and John is the payor of the note (Mortgage Loan).

John agrees to pay John back over 30 years with a 10% interest. They write this all down as a legal agreement DEED and sign it.