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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!
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Tip of the Week
Did you know...
A single prospecting call a
day, five days a week, adds up
to 250 a year.
Upcoming Events
September 25-26, 2015
Seller Financed Notes
Atlanta, GA
TBA 2015
New
York, NY
TBA 2015
Scottsdale. AZ
TBA 2015
Chicago, IL
TBA 2015
Los
Angeles, CA
Secrets of Paper
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Quote
of the Week
“Nobody’s a natural. You work
hard to get good and then work to
get better. It’s hard to stay on
top.”
– Paul Coffey
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President's
Corner
Don’t let summer months slow you
down. In going over my personal
statistics, after a busy spring,
summer typically means a
slowdown in the note business
for me. And so summer plans
often include well-deserved time
off, a vacation or extra time
with family and friends. But
don’t put away your note
business hat for the whole
season. Summer is a great time
to get business! Here are some
things you can do to keep the
deals coming across your desk.
Follow up with past Note Holders
that have not sold you their
note and let them know you are
still interested. Follow up
with the note holders who have
sold you a partial and see if
they would like to sell more or
the rest of their note. Get
involved in local community
events or volunteer to meet new
people and network. They do not
necessarily need to be real
estate events, you never know
who is holding a note!
Remember,
Success
Demands Action! Keep on
marketing, it’s going to work!
TWITA!
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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!
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Feature Article
Low Appraisal Options
One of the three major
contingencies of any note
purchase transaction is the
value of the collateral coming
in for at least what the
property sold for. Low
appraisals can happen in any
marketplace: hot, cold or
neutral. As Note Professionals
we do have some options when an
appraisal comes in low...
Read More...
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Question of
the Week
Q
- Hi Jeff,
Question for you, when someone sells a property and holds the trust deed does it
matter that they are also holding the title insurance or does it have to be from
the buyer? Also what happens when the buyer has a lower credit score than 650 -
lets say between 550-600 (this is on the 72K Minneapolis note) How much will the
amount being offered go down? Would it even be an option for them to get money?
Thank you for your help!
~ Larry
A - Hi Larry!
Thanks for the email!
There are two kinds of title insurance - Lenders or Mortgagee title insurance
that protects the note holder and Owners or Mortgagors title insurance that
protects the buyer of the property and payor on the note. If there is no title
insurance at all we will get it. If there is only an existing Owners policy it
will be quicker for us to get a Mortgagees policy through the same title company
AND if there are already both an Owners and Mortgagees (or just a Mortgagees)
that makes it easier and a bit cheaper as well. YES!!! We give prices
based on best possible scenario (for notes secured by residential properties
650+ credit, an appraisal for at least the sales price and clean and clear
title) So, if the credit comes in lower or the appraisal isn't acceptable the
price will be lowered. I have closed on notes with as low as a 402 credit
score, it just depends if the note seller needs the money bad enough and will
take the discount. There is no cut and dry percentage that the price will go
down, it just depends. Hope this helps! TWITA!
~ Jeff
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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!
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If you have missed any of our
Newsletters click here for our
Archived Monthly Newsletters!
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If you have a note business question you would like answered in this
newsletter just
email Jeff!
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Get started in the
Note Business with the
Complete Note Business Starter Package - includes consultation's with Jeff!
  
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