Investing

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

You might have heard that you can “flip” your real estate note for some quick money. However, if this is something that you’re considering, it’s important that you know how the whole thing actually goes down. We talked about how to structure a real-state mortgage loan to maximize its value in the last article. Now

Selling a commercial note to an investor who has already bought notes from another company is difficult. Commercial notes have many similarities to other kinds of notes, but they also have some unique qualities. If you’re thinking of selling commercial notes, you might already know that commercial buyers generally look for these specific traits when

When an entity purchases another entity’s assets, a number of documents must be signed and delivered. Two of the most significant documents are the sale contract and the promissory notes (e.g., the promissory notes). A sale contract is a legal agreement between two parties concerning the transfer of ownership of one party’s assets to the