Today’s local newspaper stated that the stock markets had their worst quarter since the financial crisis. The U.S. government is in worse financial shape than ever. Many banks have billions in shadow real property inventory. Numerous European governments and large banks are also in worse financial condition than the U.S. and many households are drowning in […]

We are back with our series “Selling a Real Estate Note 101”. You should have a good understanding of the basics of a mortgage note. Also, you will have an idea of how to sell your mortgage note. Call us if you have any questions. After we have covered the basics, let’s go over the important tips and

We celebrated the new year not long ago. We watched the ball drop, made resolutions, and toast to 2013. The new year is about starting over. Although we may reflect on the past (e.g. how 2012 ended with a turbulent presidential election and worries about the fiscal cliff), the new year is more about planning for

It can be difficult to decide whether to keep your loan. ELM Capital will walk you through the benefits and risks of selling or holding your mortgage note.

Definition of a Mortgage Note A mortgage note, also known as a real-estate note or a promissory notice , is a written document that creates an obligation by pledging real property to secure a debt. The deed-of trust note is a companion document to mortgage notes. This transfers the ownership of the property from its seller to the

Owner Financed Mortgage Notes An ownership-financiered loan can be referred to as a number of different names including “purchase-and-sale” mortgages, “realty notes”, “promissory notes”, or “mortgages”. When a home is bought with an ownership-financer, the lender gives the buyer a promissory (contractual) obligation to repay the amount borrowed plus interest. The lender takes possession of

When buying or selling a company, the total value of the deal depends on the total number of shares being traded. The higher the share count, the greater the potential profit for both parties involved. A common problem occurs when the purchaser cannot find a lender willing to lend him the funds needed to close

In times of crisis, people tend to revert back to old habits. For example, if the economy were to collapse tomorrow, we would probably see a surge in online shopping. But what happens when the economy improves? Do people start buying things again? Not necessarily. Some companies start to think about how they can make