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When the buyer is unable to secure conventional financial and the seller is willing to carry back a portion of the sales price of a property, a private mortgage note ...
If a home owner falls behind in mortgage payments, the lender initiates the foreclosure process. The foreclosure usually begins three to four months after the first payment is missed. The ...
Do you have an upside down mortgage? If so, then in this type of mortgage you may not have anything to offer to the investors. In this situation, the ...
Like any other investment, a mortgage note involves a certain degree of risk that could affect its value. Based on the intensity of risk and some other factors, ...
A mortgage note is a promissory note that holds the borrower responsible for repayment of debt and its associated interest in a timely manner. It is a very powerful document ...
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