Mortgage Note Appraisers

The Nationwide Note Professionals

Mortgage Note Selling Blunders

 

The Most Common  Mortgage Note Selling Blunders...

 

The biggest mistakes committed by homeowners with Owner Financing may shock you, and relates directly to the value of the paper that you are holding. With talk looming about the housing bubble, anyone holding a real estate note needs to be able to answer the following questions: 

 

  • If and when the real estate bubble bursts, how will it affect my mortgage note and seller financed mortgages in general?

 

  • Does my current tenant's credit impact my bottom line if I want to sell our mortgage note?

 

  • Have the buyers of my home missed any payments lately? What about with their other bills and unsecured debts?

 

  • Does the bank see my real estate note as valuable or worthless or somewhere in between?

 

Most homeowners never consider these questions when entering into seller financing, yet they are crucial questions that need to be examined.

 

Can you afford  not to have your mortgage note appraised?

 

 

 

 

 

 

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