| |
|
Resource Highlight
TValue software is a must have
tool for the note and cash flow
industry and solves virtually
any problem involving time and
money. It will calculate the
present value (buy price) of
virtually ANY payment schedule
at any desired yield: straight,
ARM, skipped payments, balloons,
annual payments, quarterly
payments, variable interest,
reperforming notes you name it.
Just try to stump it — you
can’t. Use it
for analyzing complex cash flows
and generating very
professional amortization
schedules. The applications of TVALUE amortization software
for the note broker, note
investor, real estate investor,
etc. are endless. With TValue
amortization software, no note,
loan, lease or any cash flow is
too complex. No balloon payment
is too difficult. No investment
yield is a mystery. This
software is absolutely
indispensable. Some national
note investors insist note
brokers own this software before
they will even talk to them!
Note-able
Newswletter subscribers
receive a $22 discount off
of the regular price as well
as our FREE Note Terms
Glossary! Click for more info and to order
TODAY!
|
 |
Tip of the Week
Did you know...
To be a great note
professional, you must use
specific language for your
negotiations and communications,
make that language a part of
you, and then say it and use it
with conviction.
Upcoming Events
TBA 2015
New
York, NY
TBA 2015
Scottsdale. AZ
TBA 2015
Chicago, IL
TBA 2015
Los
Angeles, CA
Secrets of Paper
|
Quote
of the Week
“If passion drives you, let reason
hold the reins.”
– Benjamin Franklin
|
President's
Corner
Don’t let becoming more
efficient in your Note Business
slow you down. Adapting to the
many changes in the note
business and real estate markets
are what helps your business
grow and survive for the long
term. Whether adapting means
new technology, software or
streamlining processes it needs
to be done. Adapting can
sometimes be daunting, no matter
how much benefit is promised.
You may find yourself
prioritizing other activities
over learning a new software
program or creating a better
process for your marketing as an
act of avoidance. Perhaps you
let others adapt first in hopes
that you can learn from their
experience and get help along
the way. Even when you know that
your business needs to improve
its processes or approach change
is hard for everyone, especially
when there is already so much
work to do, and so little time
to do it. Getting past the
anxiety of adapting to new
systems or processes isn’t
without effort, but the rewards
of better communication, better
quality service and happier note
holders make it all worth it.
Remember,
Success
Demands Action! Keep on
marketing, it’s going to work!
TWITA!
|
|
If you need a Valuation Estimate
or an Appraisal of today's cash
value of your secured or
unsecured notes, for the purpose
of Estate Planning, Financial
Planning, Income Statement
Preparation, Balance Sheet
Preparation, or any other
purpose we can help.
Read more and contact us today. |
 
Would You Like to See Your Ad
HERE?
Email Us!
|
|
Feature Article
Know Your Note Business
Those who consistently make
money in the seller financed
note business know the note
market. They know the interest
rates and how they affect the
value of a note. They know the
location and the history or
story behind the note. They know
what investors are buying and
what they are not. They know...
Read More...
|
|
Question of
the Week
Q
- Hi Jeff,
If someone has an underlying debt in the same amount they've written a note to a
new buyer for, what are their options if any for selling the note? A woman
called me with $108K debt to Chase and she wrote $108K note with buyer. (30
yr, 6.0910%, $10K down, 5 months paid, $1100/mo., has owned property 5
years) Now she'd like to remove some or all of the Chase debt from her credit
report for purposes of qualifying to purchase a new home, any suggestions?
~ Peggy
A - Hi Peggy!
Thanks for the email!
In order for us to buy a note with an underlying the underlying would have to be
paid off out of the proceeds. So in this case if we were to buy the $108,000
note at say $80,000 the seller would have to PUT IN the additional $28,000 to
pay off the underlying to Chase. In my 21 years of buying notes I have only
closed 1 transaction where the seller put money into a deal to pay off an
underlying note (and it was only about $5,000). Hope this helps! TWITA!
~ Jeff
|
|
So you want to invest in or broker
notes?
Been trying for awhile with limited
or no results?
Check out the most talked about, current and innovative educational tools,
training, mentoring, assistance and support services in the industry! Updated for
2015, click here to start growing your note business today!
|
|
If you have missed any of our
Newsletters click here for our
Archived Monthly Newsletters!
|
If you have a note business question you would like answered in this
newsletter just
email Jeff!
|
|
Get started in the
Note Business with the
Complete Note Business Starter Package - includes consultation's with Jeff!
  
|
|
|
|
