You may wonder who owns your owner-financed mortgage after you sell your note to American Equity Funding (AEF) or other mortgage-buying companies. Following the purchase, we (AEF) have note ownership and receive the payments. In many cases, however, it is in our...
Owner-financed Deeds of Trust and notes can be valuable financial instruments for both borrowers and lenders. The following attributes and documentation will improve value and marketability when selling or evaluating the worth of notes. Attributes High Credit Score...
We have all heard the adage, “A picture is worth a thousand words.” In my experience of over forty-six years, this has proven true. Professional photos are one of the best ways to market and sell a home. Here are two examples where pictures changed my course of...
When setting up an owner-financed contract for a deed, mortgage, or deed of trust, American Equity Funding suggests the following primary criteria to increase the value and marketability, thus making the note sellable. Primary Criteria Credit Score A credit...
Selling or keeping your mortgage note is a personal matter, and the answer always depends on needs, timing, and preferences. Let’s delve into a real-life example for perspective and understanding. Selling a Note A client of American Equity Funding was interested in...
