Evaluating carryback sellers: secured and unsecured
This article covers the merits of an unsecured carryback note when the seller’s equity is less than 20% of the property’s market value, and dives into the use of a vendor’s lien.
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by ft Editorial Staff | Aug 8, 2022 | Real Estate | 1
This article covers the merits of an unsecured carryback note when the seller’s equity is less than 20% of the property’s market value, and dives into the use of a vendor’s lien.
Read Moreby ft Editorial Staff | Jul 11, 2022 | Finance, Mortgages, Real Estate | 1
This article lays out the home seller’s financial risks in an installment sale structured with little to no cash down payment from the buyer.
Read Moreby ft Editorial Staff | May 9, 2022 | Finance, Interest Rates, Loan Products, Real Estate, Your Practice | 0
As credit availability tightens thanks to rising interest rates, loan approvals become more elusive. But seller financing presents a back-door to homeownership.
Read Moreby ft Editorial Staff | Apr 28, 2022 | Forms, Mortgages, Real Estate | 1
A seller hoping to locate a buyer during a tight mortgage market might consider using an alternative documentation for seller financing, the land sales contract.
Read Moreby ft Editorial Staff | Sep 20, 2021 | Forms, Real Estate | 0
When an agent prepares an offer or counteroffer to buy, sell, exchange or option a one-to-four unit residential property with seller carryback financing, they use RPI Forms 300, 300-1 or 300-2.
Read Moreby ft Editorial Staff | Dec 29, 2020 | Brokerage Reminder, Real Estate | 3
Check out this week’s Brokerage Reminder to learn all you need to know about determining the creditworthiness of a carryback buyer.
Read Moreby ft Editorial Staff | Dec 1, 2020 | Brokerage Reminder, Real Estate | 0
Have you heard of seller financing? This week’s Brokerage Reminder breaks down the ins and outs of what you need to know.
Read Moreby Benjamin J. Smith | Nov 15, 2017 | Real Estate, Recent Case Decisions | 0
In re Salamon Facts: A buyer purchases income property encumbered by multiple mortgages including...
Read Moreby Carrie B. Reyes | Mar 6, 2017 | Buyers and Sellers, Feature Articles, Loan Products | 1
There is an obstacle to the coming wave of carryback sales: the lender’s due-on clause.
Read Moreby ft Editorial Staff | Feb 15, 2017 | Finance, Real Estate | 0
Creative financing vs. creative chaos To properly document the terms of seller carryback financing...
Read Moreby Amy Thomas | Jul 11, 2016 | Real Estate | 1
Sellers are taking advantage of desperate homebuyers pressed for financing options.
Read Moreby ft Editorial Staff | Mar 11, 2016 | Client Q&A Fliers, Real Estate | 0
Use this first tuesday FARM Letter Info-Flyer with your existing clients to provide a clear,...
Read Moreby ft Editorial Staff | May 19, 2014 | Forms, Real Estate | 1
Form-of-the-Week: Financial Disclosure Statement – For Entering into a Seller Carryback Note –...
Read Moreby Sarah Kolvas | Mar 28, 2014 | Real Estate, Recent Case Decisions | 0
A seller sold vacant residential lots to a developer to construct residential subdivisions, carrying back a note and trust deed on the lots.
Read Moreby ft Editorial Staff | Jul 15, 2013 | Brokerage Reminder, Real Estate | 0
Often, income property and business opportunity sales transactions include the transfer of...
Read Moreby Connor P. Wallmark | Jan 12, 2011 | Feature Articles, Real Estate | 0
Part II of this series comments on the listing agent’s and carryback seller’s need to investigate and analyze a buyer’s creditworthiness and capacity to pay.
Read Moreby Connor P. Wallmark | Jan 4, 2011 | Feature Articles, Real Estate | 4
Part I of this series introduces the concept of seller carryback financing and discusses the tax benefits of carrying paper for the seller, and the flexible sale terms available to the buyer.
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