Selling Real Estate Notes

Comments(5)

• 
  itisha11th May, 2005

  Okay. Can someone tell me the best way to do this. A Lady is in the process of relocating out of state. She owes three years of back taxes (approximately $8100).
  
  The house was appraised at $240,000 and she owes about $170,000. She is willing to sell it for what she owes on it (in other words, Seller Finance it).
  
  Any Recommendations of the best way to go about it?

• 
  Headsup15th May, 2005

  Can anyone please tell me what the usual seasoning requirements are when selling a note?
  
  I was thinking that most would require that you hold the note for 1 year before selling it but I was wondering if any of you knew otherwise.
  
  Thanks in advance!

• 
  davidjames22nd May, 2005

  yes, I have done realy well. It just takes finding the
  right buyer as far as I am concerned. Sellers are
  eveywhere, so are brokers, but a good buyer
  is hard to find.

• 
  meljohnson9th August, 2005

  I buy all types of notes. Please contact me with any that you come across.
  mel.johnson at earthlink dot net

• 
  gordo241710th August, 2005

  Mel,
  
  Your still alive? Glad to see your back on the boards. Still buying the junk yard dog notes
  
  Nate-WI