| |
|
Resource Highlight
In easy to
understand language, the topics
that are discussed in the Note
Holder's Handbook include:
·
How much is your note really
worth?
·
Why record keeping is vital
to your note's value
·
A simple technique that can
avoid tax problems.
·
What to do when the payments
are late.
·
What to do if the payments
stop and when to foreclose
·
A simple step you can take
to verify the safety of your
note.
·
How to get top dollar if you
sell all or part of your
note.
The Note Holder's Handbook
also includes a Handy
Reference Data area to keep
all of the pertinent
information regarding the
note in one place AND a
simple to use Payment Record
chart to keep track of the
payments received. This
handbook is a must for
someone receiving payments
on a real estate secured
note as well as a fabulous
marketing tool for note
brokers and investors.
Click for more info and
when you
order in
August
you will also receive the E-book versions for FREE!
|
 |
Tip of the Week
Did you know...
You can eliminate over 50% of
all objections if you focus on
preventing them before they come
up.
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
|
Quote
of the Week
“I
have no right, by anything I do or
say, to demean a human being in
his own eyes. What matters is not
what I think of him; it is what he
thinks of himself. To undermine a
man's self-respect is a sin.”
― Antoine de Saint-Exupery
|
President's
Corner
Have you ever been speaking
with a note holder on the phone
and everything’s been going
really well, but just when you
think you’re about to get an
acceptance on an offer, they
back out? It’s a frustrating
scenario, and unfortunately it
happens far too often in the
note business especially with
individuals who are new to the
business.
Being a note professional is
one of the most challenging, yet
rewarding, businesses an
individual entrepreneur can get
involved in. From filling out
worksheets, to communicating
with note holders, to
negotiating, to providing
support and follow up, sticky
situations are bound to arise.
And how you handle these
situations can mean the
difference between creating
loyal satisfied note holders and
losing transactions. Whether
it’s just you or you have one or
two people helping you with the
calls that come in, it all
starts with the right attitude.
What I’m talking about here is
providing good customer service;
it’s not just for the food and
retail industries. Good
customer service starts the
moment you pick up the phone.
As the owner of a small business
and a note professional, make
sure that you or whomever talks
to note holders and your
investors on the phone, is
trained to provide good customer
service. The note business is
not just about the numbers, it
is a relationship business from
the first phone call, and
building good relationships
starts with good customer
service.
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
Move Forward With Notes
In short, there are more
individually held first position
performing notes secured by
property for us in the seller
financed note business to go
after, which means more
opportunity to get our marketing
seen, which means higher
response rates, which means more
accepted prices and more closed
transactions...
Read More...
|
|
Question of
the Week
Q
- Hi Jeff,
I was talking to a note holder, and in the conversation he asked about the
timetable for the closing. I told him that it's usually 30-45 days. He asked if
he could possible get an advance on part of what I would pay him, because he has
some bills coming due before then. Have you ever paid anyone in advance like
that? If so, did you ask for a bigger discount at the close?
~ Lynn
A - Hi Lynn!
Thanks for the email!
I just had this same situation last month for a guy in Houston TX who really
needed money. AND the deal did not close. All we can do is work on it as quickly
as possible and hope that the appraisal, title and credit are acceptable to the
investor and it gets funded quickly. In short, NO you should not ever give an
advance on a potential closing. There are never any guarantees that a file will
close no matter how good it looks in the beginning. I had another transaction a
couple months ago that was almost done, the closing documents went out, and then
we never heard from the seller again, can't reach her in any way, shape or form
and is no longer responding to communication from us. We never know for sure if
a deal is going to close until it has actually funded. We just never
know...
Hope this helps!
~ 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!
  
|
|
|
|
