A recent survey conducted by LendingTree reveals that a significant number of today's homebuyers are relying on financial support from their families to achieve their dream of homeownership. The survey, which included 2,000 adults, found that 39% of homeowners have received assistance with their [...]
If you are in the process of obtaining or selling a private mortgage, you might be researching the pros and cons of owner financing. You will find that one of the main risks in private mortgage is unpaid property taxes. I would like to [...]
BY THOMAS K. STANDEN IV With respect to the amount, timing and method used to assess and collect late charges, during the last 28 years as a Note Servicing Company, I bet we’ve seen them all. It doesn’t seem to make much difference whether [...]
No one likes to be blindsided, caught off guard or experience an unexpected, non-beneficial surprise. It’s bad enough getting hit up the side of the head when you’re nose to nose and toes to toes with an opponent. At least in that scenario you [...]
Listen to what Dr. Emmett Brown, the Nutty Professor in the film Back to the Future, said to Marty McFly when asked how the Flux Capacitor works: “First, you turn the time circuits on. This one tells you where you’re going. This one tells [...]
Article by Michelle R. Rodriguez Woodland Hills Mortgage After the Consumer Financial Protection Bureau (“CFPB”) released the final Loan Originator Compensation Rule in early 2013, there has been a lot of confusion surrounding the Seller Financer Rule or Seller Carry- Back Rule. It is important for [...]
During our career as investors, and now as a note servicing company for the private cash flow industry, one double-sided lament we continually hear is the complaint about the shortage of business opportunity - and the competition spawned by the proliferation of new cash [...]
The Global Positioning System (GPS) is a satellite-based navigation system that works in any weather conditions, anywhere in the world, 24 hours a day. There are no subscription fees or setup charges to use GPS. The receiver can determine the user's position and record [...]
One of the considerations when buying and selling mortgage notes is knowing the current value of the home. After all, the property is the collateral and knowing its true value will greatly affect how much an investor will pay for a note. Historically this [...]
Most people have come to mistakenly view cash (including cash to an existing loan and/or cash to a new loan), rather than benefits, as the driving force behind real estate transactions. So when cash is tight, transactions don't get done, and benefits for buyers [...]
