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Today, owner financing is an established and accepted practice in real estate.
Due to the growth in the private mortgage industry, owner financing is a more
attractive funding option that it once was in the past. Real estate mortgage
notes, commercial and residential, are sold individually or as portfolios.
Selling Options
Existing note holders have three options:
- Sell the entire note
- Sell a portion of the note
- Sell future note payments while still receiving current payments
Future note holders can arrange point of sale funding, called table funding or
simultaneous closing. This offers greater flexibility for both the seller and buyer
of real estate.
Types of Notes
Residential Notes
Mortgages, Deeds of Trust, or Land Contracts created from the sale of:
- Residential Properties
- Houses
- Townhouses
- Condominiums
- 1-4 Family Units
Commercial Notes
Mortgages, Deeds of Trust, or Land Contracts created from the sale of:
- Office
- Retail
- Apartment (more than 1-4 family units)
- Industrial
Vacant Land Notes*
Mortgages, Deeds of Trust, or Land Contracts created from the sale of:
- Developed Land
- Undeveloped Land
- Land not designated as a specific use property such as farmland or
waste storage
* This category does not include land that has been improved for development
and building.
Please Note:
There is no obligation to accept any offers made. Firm offers, subject to document
review and due diligence, are made within 48 business hours after receipt of
all required information. All inquiries and submitted information remain confidential.
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