Borrowers

WHAT? YOU SHOULD KNOW ABOUT SELLER FINANCING

Seller Financing can help you purchase your dream home, land or even an investment property for that matter, even if you cannot qualify for a bank loan. With over 35 years real estate experience, I have found there are also properties that do qualify for loans.

Not only is qualifying sometimes a stumbling block to purchasing, but the costs, time and process of obtaining a new loan are horrific.

With seller financing you eliminate: discount points, loan application fees, appraisals and other "garbage" closing costs. Typically, escrow and title fees are all that is required. Additionally, interest rates are normally lower and the price is almost always negotiable.

 I can help you obtain seller financing by assisting with the structuring of the transaction

BUYERS CAN ALSO BENEFIT BY USING
NOTE SERVICING CENTER

• A negotiating tool - Sellers are more likely to accept your offer if you agree to having the payments made by an independent servicing agent.
• Impounding for taxes, insurance and homeowners dues, allows you to spread these annual payments over time.
• Our servicing software accommodates all types of custom payment schedules including irregular payments, special principal payments, wrap around and all inclusive, bi-annual and bi-monthly payments. No note too difficult to service.
• Assure you that all the bookkeeping accurately including preparing the IRS report of interest paid, keep accurate account balances.
• Provide you with payment coupons and envelopes
• If you need a "note modification" we can both help to negotiate and also implement the change in the accounting system.
• Access to a customer representative, where a friendly "real live" person is ready, willing and able to provide you with answers to your questions and access to your account.
• If there more than one person paying on the note, we can provide split payment accounting.
• There are no "hidden fees". A small monthly loan-servicing fee covers all routine services. For a complete list of the routine services click here.