Seller Financing Sells More Property

Today's world can be a financial nightmare, especially if you are trying to get financing or your buyer is trying to get financing.

The lending standards have been tightened to the point where over 20% of all financing applicants are rejected. Many of whom are actually Good prospects but for some small reason cannot get approval from the traditional lending institutions. Many of these people have good credit scores, many can have large sums of cash for down payments, most every single one of them are Hungry to Buy--if they could get financed.

What if you could get this extra 20% of buyers to pick up the phone and call you about buying your property? By adding 3 simple words to your advertising you can once again start the phone ringing. "Seller Financing Available" or " Owner Will Carry".

You can have qualified buyers eager to buy coming back for a second look with the addition of theses words.

At PSR Note-Ability we can help you structure a deal and create the note in such manner that you can realize even greater benefits than a traditionally financed sale can provide. visit www.promero.noteoffers.com/fsbo to learn more about how seller financing can help you sell your property faster than any other on the block.

To Sell a Note Later, First You Need to Create a "Good Note" Now

Understanding what a note buyer looks for when making a note purchase can help you create a note that will not leave you feeling violated by a buyers offer.

There was a time when mortgage note buyers would purchase just about anything that came across their desk--Of course that was when my dog could qualify for a loan and buy a house.

In today's economic times this just like all things real estate has changed. If you intend on carrying paper on a property sale and are planning to later sell that note, you had better have at least some understanding of what a buyer will be looking for, and a general idea of how much discount you can expect to take. Otherwise you may end up like Many I've seen in the past few years, with a note you either cannot even sell, or one that is so heavily discounted you cannot achieve the goals you have set. Thus forcing you to hold the note for a period of time much longer than you've anticipated.
While this may not have a huge effect on some, for those counting on that cash whether it be to move onto their next deal or any other need you may have, this can be a killer.
Here at PSR Note-Ability I am more than willing to assist you with everything from deal structure and note creation, right through to the actual sale of your note. That is what a "Full Service" mortgage note company can do for you.

The following are just a few key factors you need to consider that will play a huge role in the sale of any mortgage note:
Interest Rate
Seasoning--How long you hold your note prior to selling
Reverse seasoning--How long you owned the property prior to the sale of it
Terms of the note--Length of payment, Balloons, etc
Your buyers credit score
Size of the down payment

All of these things done right can dramatically increase the value of your note.
Conversely just "One" done wrong could greatly effect the value of your note, possibly even rendering it unsellable.

Bring us your questions and I personally will be happy to assist you in every way I can.
Don't get caught holding a bad note, because you weren't prepared from the start.