Selling Real Estate Notes
I am interested in selling real estate notes and I wanted to know if any one has done this and made money, let me know
also, is it as hard a people think?
I am interested in selling real estate notes and I wanted to know if any one has done this and made money, let me know
also, is it as hard a people think?
Okay. Can someone tell me the best way to do this. A Lady is in the process of relocating out of state. She owes three years of back taxes (approximately $8100).
The house was appraised at $240,000 and she owes about $170,000. She is willing to sell it for what she owes on it (in other words, Seller Finance it).
Any Recommendations of the best way to go about it?
Can anyone please tell me what the usual seasoning requirements are when selling a note?
I was thinking that most would require that you hold the note for 1 year before selling it but I was wondering if any of you knew otherwise.
Thanks in advance!
yes, I have done realy well. It just takes finding the
right buyer as far as I am concerned. Sellers are
eveywhere, so are brokers, but a good buyer
is hard to find.
I buy all types of notes. Please contact me with any that you come across.
mel.johnson at earthlink dot net
Mel,
Your still alive? Glad to see your back on the boards. Still buying the junk yard dog notes
Nate-WI