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Sell Your Real Estate Note to Pay Taxes

The subprime meltdown forced many dealers/rehabbers to sell their properties using some form of owner financing. People just couldn’t get the bank fi read more »

 

How to Endanger Your Seller Carry Back Note: Lose the Original!

I guess you can always say the dog ate it, or a tornado snatched it into the sky when you were in Nebraska visiting Aunt Dorothy and Uncle Toto, but read more »

 

Pasadena Speech Sheds Some Light - Is the Worst Over for Real Estate?

Even when people already have their own opinion, they still like to ask me what I think is happening in the market. In some areas, things are still l read more »

 

How a Note Appraisal Can Save You Thousands

Not long ago an attorney was representing an estate that held several real estate notes worth a total of about $8,000,000. Needless to say, the estat read more »

 

Can I Sell My Note After I Create It? Simultaneous Closings

The simultaneous closing is a little-known, but powerful strategy for getting real estate transactions closed in difficult markets. Wouldn’t you like read more »

 

Avoid a Critical Seller Financing Mistake - Demand Insurance!

How do you handle the homeowners insurance on a seller carry back? Whose name? Who pays? read more »

 

You Must Document Payment History to Save Your Note!

You have to change your thinking. When you take back a note (carry paper, provide seller financing) on a property you already own, you need to put on read more »

 

The Buyer is Asking Me to Carry Paper - Should I?

On Cinco de Mayo I was on my way down to San Diego for a real estate radio show when I got a call from a guy who owns a multifamily property in Arizo read more »

 

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