Request a FREE NOTE OWNER’S HANDBOOK with NO OBLIGATION!
This invaluable jam-packed 46-page handbook is designed to assist people who have already sold and closed on the sale of their real estate and who are currently receiving payments on their “note.” It contains everything you need to know about owning, maintaining, and selling privately held owner or seller financed Contracts for Deeds, Deeds of Trust, Divorce Liens, Land Contracts, Mortgages, Real Estate Contracts, Trust Deeds, and Trust Indentures. This handbook is a complete guide with a glossary and a payment record keeper. Following is the Table of Contents:
- Notice and Disclaimer.......................................................................................................2
- Introduction.......................................................................................................................3
- Why a Note Owner’s Handbook.......................................................................................4
- The Basics of Owner Financed Notes..............................................................................5
- The Promissory Note........................................................................................................5
- The Security Instrument...................................................................................................6
- The Legal Description.......................................................................................................7
- The Down Payment...........................................................................................................7
- The Remaining Balance....................................................................................................8
- The Monthly Payment.......................................................................................................8
- The Payment Due Date.....................................................................................................9
- The Balloon Payment........................................................................................................9
- The Interest Rate............................................................................................................10
- The Taxes and Insurance...............................................................................................10
- The Buyer’s Duties to Maintain the Premises................................................................11
- Note Safety.....................................................................................................................12
- Loan-to-Value.................................................................................................................12
- Note Storage...................................................................................................................13
- Payment Records............................................................................................................13
- Late Payments................................................................................................................14
- Delinquent Payments.....................................................................................................14
- Default.............................................................................................................................15
- Why Would You Want to Sell Your Note for Instant CASH..........................................17
- Selling All or Part of Your Note for Instant CASH.........................................................18
- Example of a $90,000 Note Fully Amortized for 20 Years..........................................19
- How to Find Out How Much CASH Your Note is Worth.................................................20
- Glossary..........................................................................................................................21
- Sample Amortization Schedule for a $90,000 Note.....................................................33
- Request a FREE Custom Amortization Schedule............................................................34
- Buyer and Note Information..........................................................................................35
- IRS Form 1098...............................................................................................................36
- W-9 Form........................................................................................................................37
- Sample Payment Record Keeper...................................................................................38
- Payment Record Keeper.................................................................................................39
If you have sold or financed real estate and created a FIRST position or WRAP AROUND (all-inclusive) second position contract or note on a property located in the state of Arizona, Colorado, Idaho, Montana, New Mexico, Oregon, Texas, Utah, Washington, or Wyoming, and are currently still receiving payments from this sale, we will send you a FREE Note Owner’s Handbook via First Class U.S. Mail with absolutely NO OBLIGATION or cost whatsoever! That’s a $250 value! Please complete the simple Order Form below and submit it to us. Also, please send us a legible copy of your signed and recorded security instruments: Contract for Deed, Deed of Trust and Note, Land Contract, Mortgage and Note, Real Estate Contract, Trust Deed and Note, Trust Indenture and Note, or a recorded Memorandum or Notice which refers to any of the above. Instructions as to where to send copies of these documents are on the page you will receive after you submit the Order Form below. All information you provide is kept in STRICT confidence. Please be assured that we will NOT sell, rent, lease, or otherwise distribute any information you provide us to anyone. Have an incredible day!
Please click here to save a shortcut to our web site in your favorites folder. (cash4contracts.com)