Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate > Mortgages
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 04-13-2010, 12:47 PM
 
210 posts, read 403,190 times
Reputation: 75

Advertisements

Is anyone familiar with the concept of selling your fsbo mortgage to a mortgage note buyer? Pros/cons to buyer mostly. would this be a good option to "unload" a property? Buyer most likely will have 15 to 20 %down and will pay on the note for a year or so to show good payment history)this is after a yr of on time rent payments, problem is they cannot get a reasonable mortgage under 10% on a 100 k note due to a job loss induced ch 13 bk but that is almost pd off on a 5 yr repymnet schedule.
Reply With Quote Quick reply to this message

 
Old 04-14-2010, 10:05 AM
 
4,676 posts, read 10,016,455 times
Reputation: 4908
Will the property go FHA? Even with a Ch 13 as long as certain requirements are met, they could still qualify on their own.
Reply With Quote Quick reply to this message
 
Old 04-22-2010, 08:30 AM
 
1 posts, read 1,991 times
Reputation: 10
[SIZE=3]We buy Owner Financed Real Estate Mortgages[/SIZE]

[FONT=Verdana][SIZE=2]lf you have sold your home or investment property using owner carry back financing or seller financing and are looking to sell your private mortgage note, deed of trust or contract, we are standing by to give you an evaluation on your note and to give you the highest possible price. [url=http://www.notebuyerinc.com]Note Buyers, Mortgage Buyer, Real Estate Note Buyer, Promissory Note[/url] [/SIZE][/FONT]
[FONT=Verdana][SIZE=2]Also have all the guidelines and procedure how to sell your mortgage to any note buyer and what note buyers is are looking for when evaluating a mortgage note[/SIZE][/FONT]
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate > Mortgages

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top