Home page seller financing private mortgages owner financing
 Sell Mortgage, Real Estate Investment, Seller Financing,
Private Mortgage Investment, Discounted Mortgage,
Hard Money Mortgage, Sub Prime Mortgage, Credit Report

Place/View Listings: Sell Mortgage • Mortgage Wanted • Get Mortgage • Note Brokers • Mortgage Brokers • Lenders   Home   Bookstore Site Index

Buying a Discounted Mortgage

Steps before closing when buying a discounted mortgage.

  1. Review all paperwork carefully bearing in mind the 4 important points above. You should get a closing statement at least a day before your funds are disbursed.

  2. Ensure that your money goes to a title insurance company or attorney's  escrow account. 

  3. Check there is hazard insurance on the property and that property taxes are current.

  4. Check through the documentation you receive.

  5. Make sure the borrower knows where to send their money.

  6. Make sure you get all the documentation back and it has been properly signed and notarized.

  7. Make sure you get the original assignment of mortgage returned to you within 2-3 weeks.

  8. Make sure you get a title insurance policy issued in your name within 4-5 weeks.

Follow through the course using the links below or jump around if you prefer.

Advertise your note broking business with the site ranked #1 of non-sponsored (paid) listings by Google and AltaVista..

Go directly to listings of mortgages and deeds of trusts for sale.

Mortgage Fraud

[Buying existing mortgages] [What is owner financing?] [3 advantages] [4 disadvantages] [Why people sell mortgages] [The effect of compounding] [Partial purchases] [Evaluating potential foreclosure] [First or second mortgages?] [Frequently asked questions] [Valuation seller-held mortgage] [The 5 Cs. Collateral] [5Cs. Credit and capacity.] [5Cs. Commitment and consistency] [Discounted mortgage calculator] [Mortgage credit  ratings] [Owner occupied real estate] [Non owner occupied real estate] [Commercial real estate] [Find seller financed mortgage] [Find owner financed mortgages (contd)] [On-line mortgage and note buyer database] [Legal questions] [Mortgage and deed of trust purchase contracts] [Final steps] [Mortgage fraud] [Paying for seller held mortgage] [American Cash Flow Association]

Complete list of Mortgage and Real Estate courses Send page to friend Site Index
Mortgage and Real Estate Calculators Real estate and mortgage Resources Real Estate and Mortgage terms FREE Downloads
Current and historic interest rates Real Estate and Mortgage Forms FREE content for your web site Bookstore
Financial and Business News About Us & Privacy Policy Contact us
Bookmark this site. Internet Explorer users Click here  NetScape press CTRL-D. AOL users click the Heart. Mortgage-investments.com is our US Federally registered service mark no. 2,647,595

 

Free info on mortgage investments, private mortgages, hard money mortgages, discounted mortgages, seller financing.

 

 

 

 

Mortgages, owner financing, deeds of trusts, discounted mortgages, seller financed mortgage, hard money mortgage

Web sites design hosted for note brokers   note and cashflow buyers web site design hosting  Web site design hosting for mortgage brokers, mortgage broker web site design