For most people, the prospect of selling their home can be positively daunting. First of all, there are usually plenty of things to do just to get it ready for the market. Besides the traditional clean-up, paint-up, fix-up chores that invariably wind up costing more than you planned, there are always the overriding concerns about how much the market will bear and how much you will eventually wind up selling it for.
Will you get your asking price, or will you have to drop your price to make the deal? After all, your home is a major investment, no doubt a rather large one, so when it comes to selling it you want to get your highest possible return. Yet in spite of everyone's desire to get the top dollar for their property, most people are extremely unsure as to how to go about getting it. However, some savvy sellers have long known a little financial technique that has helped them to get top dollar for their property. In fact, on some rare occasions, they have even sold their properties for more than they were worth using this powerful financing tool. Although that might be the exception rather than the rule, you can certainly use this technique to get the most money possible when selling your property.
Seller carry-back, or take-back financing, has proven to be a surefire technique for closing deals. Even though most people do not think about when it comes to selling a property, they really should consider using it. According to the Federal Reserve, there are currently over 100 Billion dollars of seller carry-back (seller take-back) loans in existence. By any standard, that is a lot of money. But most importantly, it is also a very clear indication that more people are starting to use seller take-back financing techniques because it offers many financial benefits to both sellers and buyers. Basically, seller take-back financing is a relatively simple concept. A seller-take back loan is created when a property is sold and the seller performs like a lender by assisting in financing all or part of the total transaction. In effect, the seller is actually lending the buyer a certain amount of money toward the purchase price, while a traditional mortgage company usually funds the balance of the purchase price. A seller take-back loan is secured with the property. The loan then becomes the primary mortgage and is fully secured by the property. In most seller take-back financing transactions, the buyer repays the seller with interest in accordance to mutually agreed terms over a period of time. Usually, the terms call for the buyer to send the payments, consisting of principal and interest, on a monthly basis. This is advantageous because it creates a steady monthly cash flow for the note holder. And if the note holder decides to cash out, he or she can always sell the note for a lump sum cash payment.
Regardless of market conditions, seller take-back financing makes sound financial sense; whereas, it provides both buyer and seller with flexible financing options, makes the property easier to sell at higher price and shortens the sales cycle. It also has the added advantage of being an excellent investment that generates a steady cash flow and high return. If you ever need immediate cash, you can always sell the note through our office. If you are planning to sell a property, then consider the many benefits of seller take-back financing.
About the Author:
Robert Milne is an investor with Cash 4 Notes and deals in mortgage notes, business notes, structured settlements, lotteries/annuities, as well as senior life settlements. Get quick cash for your notes today. For a free consultation or free note appraisal, call (253) 230-2779 or email robertcmilne@cash-4-notes.info
Wednesday, July 25, 2007
Wednesday, July 18, 2007
Business Notes
Private Owner Financed Business Notes
Private Owner Financed Business Notes are promissory notes held by the seller of a business and payable by a new owner. Often, Owner Financed Business Notes are the result of one business partner buying out another. At Cash-4-Notes, we can provide holders of promissory notes secured by the assets of a business with lump sum cash which can be used for....
- the purchase of a new business
- attractive investment opportunities
- education and re-training
- medical emergencies
- purchase of a home or vacation property
- exotic trips and vacations.
No Obligation Confidential Quote
You can receive a "no obligation" confidential quote on your owner financed business note from Cash-4-Notes by simply completing our note request form (Adobe Acrobat Reader Required) and faxing it to our underwriters. A representative will contact you within 24 hours to begin processing your request. If you have difficulty downloading our forms, you may also request a quote by mail or use our online request form.
Attention! Commercial Real Estate Professionals and Business Brokers
Because of the reluctance of commercial banks to finance sales of small businesses, Private Owner Financed Business Notes are widely used and commonplace in such transactions and can often provide the catalyst to get the deal done. Many sellers would prefer not to hold mortgage paper for lengthy periods of time, however; before you structure your deal, contact us regarding how to make your Owner Financed Business Note attractive for resale at a later date if necessary.
Cash-4-Notes ▪ E-MAIL US AT robertcmilne@cash-4-notes.info
Private Owner Financed Business Notes are promissory notes held by the seller of a business and payable by a new owner. Often, Owner Financed Business Notes are the result of one business partner buying out another. At Cash-4-Notes, we can provide holders of promissory notes secured by the assets of a business with lump sum cash which can be used for....
- the purchase of a new business
- attractive investment opportunities
- education and re-training
- medical emergencies
- purchase of a home or vacation property
- exotic trips and vacations.
No Obligation Confidential Quote
You can receive a "no obligation" confidential quote on your owner financed business note from Cash-4-Notes by simply completing our note request form (Adobe Acrobat Reader Required) and faxing it to our underwriters. A representative will contact you within 24 hours to begin processing your request. If you have difficulty downloading our forms, you may also request a quote by mail or use our online request form.
Attention! Commercial Real Estate Professionals and Business Brokers
Because of the reluctance of commercial banks to finance sales of small businesses, Private Owner Financed Business Notes are widely used and commonplace in such transactions and can often provide the catalyst to get the deal done. Many sellers would prefer not to hold mortgage paper for lengthy periods of time, however; before you structure your deal, contact us regarding how to make your Owner Financed Business Note attractive for resale at a later date if necessary.
Cash-4-Notes ▪ E-MAIL US AT robertcmilne@cash-4-notes.info
Online Business Alliance
Online Business Alliance is such an awesome program, that I believe in it with all of my heart and soul. OBA is truly unique in the way that everyone helps one another on their road to success. They are a business community of friends and partners who are actually eager to jump in and help answer questions and resolve issues.
You would be impressed by the wealth of knowledge that Dave Gray, the author and webmaster administrator, shares throughout his e-books. He states that "The crooks and scammers are everywhere and they're counting on you NOT knowing their tricks!"
I wish that I had access to this info before I started trying to make a few dollars online - it would have saved me hundreds of dollars and a lot of time.
The owner of Online Business Alliance, Dave Gray, is a remarkable person. Dave created OBA in November of 2006, and has established himself has a highly respected Internet Marketer. He has amazing insight into how things change on the internet, and adjusts his business accordingly.
He is a hands on person, and doesn't sit in the background expecting his affiliates to do all of the work. On the contrary; whereas, Dave is right there helping anyone he can whenever they ask a question or pose an issue. He has helped me on numerous occasions myself - and I regard him as not only a great administrator, but as a friend and partner as well.
I know that everyone who first starts out on the internet needs support. When I first started trying to make a living online, I could never find the help I really needed. I joined affiliate programs one after the other, and leap-frogged from one business opportunity to another and another thinking that "this would be the one that I was looking for" - but needless to say it was all one big failure.
They did have some information that was helpful, but as a newbie it was always overwhelming and information overload. Whenever I tried to ask someone for some extra help, I always got the "submit a ticket forum" that either addressed your concern with vague answers - or never responded at all.
Then I joined the team at OBA and the support and advice I received was phenomenal! I asked a question, and in a short period of time I had a dozen replies from different members who fairly jumped from the rafters just wanting to help. I had never seen this kind of support anywhere and this is one of the main reasons I put all of my effort into this business.
Our success is not measured by our bank account, but by helping one another to succeed. Online Business Alliance has taught me the value of true success, and these people have become a part of my family.
Success To All,
Robert Milne
http://robmil6.freehostia.com/5dollarfranchise.html
You would be impressed by the wealth of knowledge that Dave Gray, the author and webmaster administrator, shares throughout his e-books. He states that "The crooks and scammers are everywhere and they're counting on you NOT knowing their tricks!"
I wish that I had access to this info before I started trying to make a few dollars online - it would have saved me hundreds of dollars and a lot of time.
The owner of Online Business Alliance, Dave Gray, is a remarkable person. Dave created OBA in November of 2006, and has established himself has a highly respected Internet Marketer. He has amazing insight into how things change on the internet, and adjusts his business accordingly.
He is a hands on person, and doesn't sit in the background expecting his affiliates to do all of the work. On the contrary; whereas, Dave is right there helping anyone he can whenever they ask a question or pose an issue. He has helped me on numerous occasions myself - and I regard him as not only a great administrator, but as a friend and partner as well.
I know that everyone who first starts out on the internet needs support. When I first started trying to make a living online, I could never find the help I really needed. I joined affiliate programs one after the other, and leap-frogged from one business opportunity to another and another thinking that "this would be the one that I was looking for" - but needless to say it was all one big failure.
They did have some information that was helpful, but as a newbie it was always overwhelming and information overload. Whenever I tried to ask someone for some extra help, I always got the "submit a ticket forum" that either addressed your concern with vague answers - or never responded at all.
Then I joined the team at OBA and the support and advice I received was phenomenal! I asked a question, and in a short period of time I had a dozen replies from different members who fairly jumped from the rafters just wanting to help. I had never seen this kind of support anywhere and this is one of the main reasons I put all of my effort into this business.
Our success is not measured by our bank account, but by helping one another to succeed. Online Business Alliance has taught me the value of true success, and these people have become a part of my family.
Success To All,
Robert Milne
http://robmil6.freehostia.com/5dollarfranchise.html
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