Express Press Release Distribution

Accounting
Advertising
Aerospace
Agriculture
Apparel & Fashion
Automotive
Biotech
Chemicals
Computers
Construction
Consumer Services
Defense
Education
Electronics
Energy
Entertainment
Environment
Financial
Food & Beverage
Government
Healthcare
Human Resources
Industrial
International Trade
Internet & Online
Law
Management
Marketing
Media
Non Profit
Pharmaceuticals
Real Estate
Retail
Semiconductors
Small Business
Software
Sports
Telecommunications
Transportation / Logistics
Travel

EPR Archived News

Archived News 2012
~ April
~ March
~ February
~ January

Archived News 2011
~ December
~ November
~ October
~ September
~ August
~ July
~ June
~ May
~ April
~ March
~ February
~ January

Archived News 2010
Archived News 2009
Archived News 2008
Archived News 2007
Archived News 2006
Archived News 2005
Archived News 2004

 

Selling Your Home for More by Creating a Mortgage Promisory Note

Released on = December 13, 2005, 12:12 pm

Press Release Author = Pro Systems LLC

Industry = Accounting

Press Release Summary = Selling a home can become faster and easier whare the seller
is willing to provide some or all of the financing. Futher the seller can quickly
convert the mortgage note to cash.

Press Release Body = The note business really began in the 1980 when interest rates
hit record high\'s. By creating a mortgage note or paper as it is often refereed to
was a way for a property seller to offer the buyer a lower than conventual rate,
allowing the buyer to be able to afford the property, and make lower payments.
Today with much lower rates and very liberal financing options available, this
method is not as utilized as in the past. However this is still a excellent way for
someone to be able to sell a property faster and even get higher than market price
for said property. Today even with the very liberal lending programs available,
many buyers prefer not to use such sources for a multitude of reasons and as a
result are willing to pay a higher premium for a property.

Eddie Speed, President of Colonial \'Funding Group recently stated \"As an old timer
in this business who\'s seen both the really good times, and yes the really bad
one\'s, too, I\'ve never been more excited about the note business than I am today.\"

Another recent development that makes the creation of a mortgage note a very
attractive vehicle, is the advent of the Real Estate investor. Investors typically
buy properties in foreclosure or sometimes at steep discounts, creating a natural
progression into the investor creating a note which can be (if done properly,
converted rapidly into cash.) This method can create a valuable resource for the
investor making it possible to move properties quite fast, and creating rapid cash
flow

To make this process work most effectively the following are a few suggestions that
should be followed.

1. work with a reputable broker, this step can prevent many headaches.
2. Have a professional create and record the note, this step alone will increase the
value of the note.
3. A must have is the buyer of the property\'s accurate credit score when selling a
note.
4. Don\'t be afraid to fully check out a buyer before creating a note the better the
buyer the better the note.

Notes come in many different types such as business, personal, Real Estate, as well
as others. You can get more information about the note business, by contacting.

Henry Marshall
Pro Systems LLC
934 E. Ellerby Ave.
Salt Lake City UT 84117
Phone 801-580-4829
Fax 801-288-1656
E-mail: mar44h@yahoo.com
Web site: http://www.cash4cashflows.com/prosystemsllc



Web Site = http://www.cash4cashflows.com/prosystemsllc

Contact Details = Henry Marshall

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •