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Why People Will Sell Their Mortgage


These are the 10 top reasons why people will sell the mortgage they own:

1. Regularly  buys and resells houses and takes back mortgage. Needs to cash out for next deal.

2. Problems with bills, including IRS bills.

3. Hassles with late mortgage payments coming in late.

4. Death of mortgage owner... heirs want the cash now!

5. Owner wants to put money in the stock market, buy a business or make another investment.

6. Owner needs cash to make down payment on another house.

7. Owner needs money to put into his own business.

8. Owner getting divorced. Splitting all assets.

9. College tuition due.

10. Mortgage owner moved to another part of the country.  They are worried about possible  problems collecting payments from a distance.

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The effect of compounding on your mortgage investment
How compounding works to increase your mortgage investment yield

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[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]

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