I have just updated my Smiling Dog Enterprises profile for your review.
Wednesday, June 25, 2008
Monday, June 23, 2008
Sell your Mortgage Note or Trust Deed
Click on this link to sell your mortgage note or trust deed.
Smiling Dog Enterprises
Sell Your Note
The Note Service provides a unique link between people with notes to sell and the qualified investors who buy them. When you list your real estate notes below you could receive real offers quickly from some of the industry's top buyers.
Providing you with a direct link to qualified buyers, the Note Service encourages quick responses, competitive bids and industry leading service.
Simply agree to the terms and conditions below to post your note.
I Agree (Terms & Conditions)
Please list your note secured by real estate by clicking:
It is only necessary to list your note once. Please read our Terms & Conditions, which you agree to when using Smiling Dog Enterprises
Smiling Dog Enterprises
Sell Your Note
The Note Service provides a unique link between people with notes to sell and the qualified investors who buy them. When you list your real estate notes below you could receive real offers quickly from some of the industry's top buyers.
Providing you with a direct link to qualified buyers, the Note Service encourages quick responses, competitive bids and industry leading service.
Simply agree to the terms and conditions below to post your note.
I Agree (Terms & Conditions)
Please list your note secured by real estate by clicking:
It is only necessary to list your note once. Please read our Terms & Conditions, which you agree to when using Smiling Dog Enterprises
Tuesday, June 17, 2008
Trust Deeds and Mortgage Notes
Future Payments or Cash Now...
Creative home sellers who offer seller financing to potential buyers can often sell their houses more quickly (and at a higher price) in a slow market.
While applying seller financing techniques isn't more difficult than traditional real estate sales, it is important to recognize that the buyers looking for seller financing represent a different target market than typical bank-financed customers.
Similarly, the process for obtaining a large cash payment for the seller after a note is created varies from the conventional real estate closing technique as well.
Fulfilling a Seller's Need for Cash
In some seller-financed real estate situations, the property owner may have an immediate need for more cash than is available from the scheduled principal and interest payments. This situation often comes about when the seller needs to have enough money to use as a down payment for their next real estate purchase.
In order to quickly obtain a large proportion of the money due from the loan they just created, the seller could sell the monthly note payments to a buyer for a lump sum of cash. By locating someone willing to buy the note payments, the seller will have ready cash for a down payment or any other pressing financial need.
In order to streamline the seller finance sale situation, it is advisable to have potential buyers for the newly-created cash flow at the ready. A seller can start looking for buyers before the note is created, or even before a seller-financed buyer is "lined up". This way, the property seller could have a buyer for the payment stream ready to make the purchase as soon as the new private mortgage is created.
Locating the Right Note Buyer
But what is the best method to find these note buyers? In stark contrast to locating seller-finance buyers for the real estate itself, a classified ad in the paper is not the best option. Most people looking to purchase a stream of monthly payments do not look in the newspaper for potential cash flows to add to their portfolios. An alternate marketing strategy is required for finding note buyers.
In recent years, the Internet has become the best place to find cash flow purchasers. Using keywords such as "buy monthly payments" or "buy mortgage payments" at a popular search engine website should lead to many interested buyers.
Sometimes there are so many potential buyers, it can be difficult to figure out where to start. Also, cash flow buyers tend to have distinctly different financial parameters; an opportunity that meets the needs of one person perfectly may not be attractive at all to another. Therefore, it is often best to work with someone who could give the seller a general idea about how notes should be structured.
Using Note Finders...
In the secondary finance industry, a unique group of individuals exists who specialize in locating note buyers. These cash flow specialists - often known simply as "finders" - have a unique understanding of what most buyers are looking for. These finders are happy to work with agents and their clients. Many of them utilize online marketing and have Internet websites to facilitate the buyer location process.
The best of the bunch also look in the newspaper for property sellers offering financing, so sometimes a good finder will contact the seller if their property is advertised as FSBO. Finders specialize in helping property sellers locate buyers for secured notes.
Once in contact with a finder, the seller should explain the details of the situation. While note finders won.t be able to offer any legal advice or assist with the creation of a note, they are qualified to give general recommendations about what types of terms are attractive to note purchasers. Most importantly, note finders will be able to help locate a buyer for a newly-created cash flow.
Remember, these finders are not note brokers, meaning they will not "show" the seller's note to buyers or act as a representative. They will only pass the information along to someone who would be interested. Once a commitment to purchase the cash flow has been established, the buyer will step in and complete the deal.
When working with a property seller who needs a lump sum of cash immediately after selling their real estate, contacting a finder early in the process of creating a real estate note makes sense. By involving a qualified note finder BEFORE a note is created, the property seller can receive invaluable input about the payment characteristics that note buyers prefer.
Without this knowledge, the property could sell quickly with the creation of a new note, but the seller might end up collecting the payments long-term instead of being able to quickly "trade" the future payments for an upfront cash settlement. If the property seller will need a large amount of cash quickly, it makes sense to plan ahead for a buyer to purchase the cash flow and involve the services of a note finder.
I buy trust deeds and mortgage notes!
Our Blog
Creative home sellers who offer seller financing to potential buyers can often sell their houses more quickly (and at a higher price) in a slow market.
While applying seller financing techniques isn't more difficult than traditional real estate sales, it is important to recognize that the buyers looking for seller financing represent a different target market than typical bank-financed customers.
Similarly, the process for obtaining a large cash payment for the seller after a note is created varies from the conventional real estate closing technique as well.
Fulfilling a Seller's Need for Cash
In some seller-financed real estate situations, the property owner may have an immediate need for more cash than is available from the scheduled principal and interest payments. This situation often comes about when the seller needs to have enough money to use as a down payment for their next real estate purchase.
In order to quickly obtain a large proportion of the money due from the loan they just created, the seller could sell the monthly note payments to a buyer for a lump sum of cash. By locating someone willing to buy the note payments, the seller will have ready cash for a down payment or any other pressing financial need.
In order to streamline the seller finance sale situation, it is advisable to have potential buyers for the newly-created cash flow at the ready. A seller can start looking for buyers before the note is created, or even before a seller-financed buyer is "lined up". This way, the property seller could have a buyer for the payment stream ready to make the purchase as soon as the new private mortgage is created.
Locating the Right Note Buyer
But what is the best method to find these note buyers? In stark contrast to locating seller-finance buyers for the real estate itself, a classified ad in the paper is not the best option. Most people looking to purchase a stream of monthly payments do not look in the newspaper for potential cash flows to add to their portfolios. An alternate marketing strategy is required for finding note buyers.
In recent years, the Internet has become the best place to find cash flow purchasers. Using keywords such as "buy monthly payments" or "buy mortgage payments" at a popular search engine website should lead to many interested buyers.
Sometimes there are so many potential buyers, it can be difficult to figure out where to start. Also, cash flow buyers tend to have distinctly different financial parameters; an opportunity that meets the needs of one person perfectly may not be attractive at all to another. Therefore, it is often best to work with someone who could give the seller a general idea about how notes should be structured.
Using Note Finders...
In the secondary finance industry, a unique group of individuals exists who specialize in locating note buyers. These cash flow specialists - often known simply as "finders" - have a unique understanding of what most buyers are looking for. These finders are happy to work with agents and their clients. Many of them utilize online marketing and have Internet websites to facilitate the buyer location process.
The best of the bunch also look in the newspaper for property sellers offering financing, so sometimes a good finder will contact the seller if their property is advertised as FSBO. Finders specialize in helping property sellers locate buyers for secured notes.
Once in contact with a finder, the seller should explain the details of the situation. While note finders won.t be able to offer any legal advice or assist with the creation of a note, they are qualified to give general recommendations about what types of terms are attractive to note purchasers. Most importantly, note finders will be able to help locate a buyer for a newly-created cash flow.
Remember, these finders are not note brokers, meaning they will not "show" the seller's note to buyers or act as a representative. They will only pass the information along to someone who would be interested. Once a commitment to purchase the cash flow has been established, the buyer will step in and complete the deal.
When working with a property seller who needs a lump sum of cash immediately after selling their real estate, contacting a finder early in the process of creating a real estate note makes sense. By involving a qualified note finder BEFORE a note is created, the property seller can receive invaluable input about the payment characteristics that note buyers prefer.
Without this knowledge, the property could sell quickly with the creation of a new note, but the seller might end up collecting the payments long-term instead of being able to quickly "trade" the future payments for an upfront cash settlement. If the property seller will need a large amount of cash quickly, it makes sense to plan ahead for a buyer to purchase the cash flow and involve the services of a note finder.
I buy trust deeds and mortgage notes!
Our Blog
Thursday, June 12, 2008
Your Safety! Pin Number Reversal
PIN NUMBER REVERSAL (GOOD TO KNOW)
If you should ever be forced by a robber to withdraw money from an ATM
machine, you can notify the police by entering your Pin # in reverse.
For example if your pin number is 1234 then you would put in 4321 The
ATM recognizes that your pin number is backwards from the ATM card you
placed in the machine. The machine will still give you the money you
requested, but unknown to the robber, the police will be immediately
dispatched to help you This information was recently broadcast on
FOX TV and it states that it is seldom used because people don't know
it exists.
Please pass this along to everyone possible.
Get cash now for your mortgage notes and trust deeds!
Get cash now and forget those monthly payments FOREVER! We work with buyers who are ready to pay top dollar for your notes. If you have a trust deed, a mortgage note or any private loan, it's time to find out exactly how much CASH you could be entitled to.
Smiling Dog Enterprises
Our Blog
- It's Quick: Learn how to cash out in minutes
- It's Easy: You could have cash in just days
- It's Secure: Get real quotes directly from certified buyers
Smiling Dog Enterprises
Our Blog
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