We have been purchasing notes, mortgages and real estate contracts for over a decade and we pride ourselves on a unique client experience at the best price possible.
Unfortunately, real estate is not always guaranteed to be a good investment. Sometimes you can find yourself owing more on your home loan than the property is worth. When that happens, you may think about simply walking away from your mortgage. If you’re thinking of going this route, keep reading. We’ve compiled all the info…
At some point, you may have heard the term “mortgage acceleration”. In real estate, mortgage acceleration Is a process where the lender demands repayment of the loan in full once the borrower breaches the terms of their loan agreement. If you would like to learn more about mortgage acceleration and how it works, keep reading….
Assumable Mortgage 101: How Can Someone Take over Your Mortgage? If you’ve ever asked the question, “Can someone else take over my mortgage?” you’re in luck. There is a way to allow someone else to take over responsibility for a mortgage. In real estate, these loans are known as “assumable loans.” Although they are not terribly…
Can you use collateral for a mortgage? The answer is yes. Broadly, the term “collateral” refers to an asset that a borrower pledges to forfeit to the lender in the event that they default on their loan. In real estate, it’s not uncommon to use a home as collateral. However, a collateral mortgage is a…
Should I pay off my mortgage early? Living mortgage-free is a goal many of us have. However, as great as it sounds to free up thousands of dollars each month, paying off your mortgage early is not always the most financially savvy move. Let’s discuss some of the pros and cons of paying off your…
If you’ve recently had a loved one pass away, you may be wondering what happens to a mortgage when the borrower dies. Unfortunately, there is no one cut-and-dried answer to this question. It depends on who applied for the loan and whether or not the surviving family members want to keep the property. In light…
Put simply, “judicial foreclosure” is the legal term used for a foreclosure that goes through the local court system. However, there is much more to this type of foreclosure than just knowing that courts are involved. With that in mind, we’ve created a guide to the process below. Keep reading to learn what you need…
In recent years, many real estate investors who’ve wanted to earn passive income without the headaches of dealing with tenants or flipping properties have shifted their strategy to note investing. Yet, in the process, they’ve learned that building a successful note brokering business requires a different skill set than traditional real estate investment. With that…
The Amortization Process Explained: What is a Fully Amortized Loan? If you’re in the process of selling a real estate note, you’re going to want to have a firm understanding of the process of amortizing a loan. Put simply, your loan’s amortization schedule will determine how long it takes for you to receive a full…
Traditionally, owning a rental property is considered a safe investment. However, even the safest investments are not foolproof. For example, during the pandemic, many landlords struggled financially after their tenants were unable to keep up with their rent. As a landlord, it’s impossible to predict when a tenant will stop paying, but fortunately, there is…
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