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Amerinote Xchange Blog

We have been purchasing notes, mortgages and real estate contracts for over a decade and we pride ourselves on a unique client experience at the best price possible.

As you likely already know, offering the option of seller financing can be an effective way to make purchasing your home an option for a greater variety of buyers. However, you may not be aware that, if you have an existing home loan, the process will become a little trickier, mainly due to the due-on-sale…

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Posted by Tara Mastroeni on August 21, 2020 | 0 Comments

Believe it or not, getting a mortgage from a bank is not the only way to finance the purchase of a home. In fact, seller-financing in real estate and, in particular, seller carry-back mortgages — sometimes called vendor take-back mortgages — can often be a viable alternative to a traditional mortgage loan. If you’re wondering…

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Posted by Tara Mastroeni on June 10, 2020 | 4 Comments

Real estate has many complex terms and “purchase money mortgage” is one of them. If you’ve asked yourself “what is a purchase money mortgage?” read on below. We’ll tell you what this term means, how it works, and what the benefits are of using this type of financing in a real estate transaction. Key takeaways…

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Posted by Tara Mastroeni on May 7, 2020 | 0 Comments

Understanding the secondary market for real estate is crucial for new would-be-buyers and investors alike. With that in mind, below is an answer to the fundamental question “What is the secondary mortgage market?” Keep reading to learn how the secondary mortgage market works, who the major players are in recycling capital, and how you, as…

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Posted by Tara Mastroeni on March 10, 2020 | 2 Comments

A mortgage note, sometimes called a promissory note, is a document that contains all the necessary information and terms that property buyers and sellers need to keep track of when it comes to the repayment schedule of a mortgage loan. Essentially, it is a written agreement to pay back the debt. This contract dictates the…

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Posted by Tara Mastroeni on October 20, 2019 | 8 Comments

What are Mortgage Notes? Put simply, a mortgage note is a promise to repay a specific mortgage debt. A mortgage note is a legal document which describes the terms of repayment of a loan secured by real estate. The terms include a loan amount, interest rate, payback period among other items. A mortgage note is…

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Posted by Jennifer Park on March 8, 2019 | 2 Comments

Do you know about land contracts? Do you know how a land contract can benefit your real estate investment? If you want to realize all its benefits, understanding the intricacies of land contracts is equally essential. Let’s explore what a land contract is, how it works, the pros and cons, how to sell one, and…

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Posted by Jennifer Park on February 16, 2019 | 2 Comments

A partial purchase mortgage note offer can deliver serious benefits. You get instant access to cash by selling a portion of your note to a buyer, while still retaining regular interest payments and enjoying some significant tax benefits to boot. But accepting a partial purchase mortgage note offer isn’t the right move for every note…

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Posted by Tara Mastroeni on January 26, 2019 | 2 Comments

Mortgage loans, as we know them today, date back to the 1930s, when FDR’s New Deal created the Federal Housing Administration, and with it, FHA-backed home loans. But when strict FHA lending standards boxed some would-be home buyers out, many Americans turned to private mortgage notes instead — seller-backed financing that offered looser qualifying requirements…

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Posted by Tara Mastroeni on December 11, 2018 | 2 Comments

You may have recently lost a loved one. This may require the settling of an estate and dividing assets. One of those assets may include a private mortgage note. You might not have planned to sell a private mortgage note in your lifetime, but now that your relative has bequeathed you one or left one…

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Posted by Tara Mastroeni on October 26, 2018 | 3 Comments