At Texas Note Company (TNC), we’re a consortium of real estate professionals and mortgage note buyers who specialize in Seller Financing. If you are the holder of deed-of-trust on a property that you have sold, then you may be thinking “it is time to sell my real estate note.” We’re specialists in helping you sell your note to real estate note buyers. Banks buy notes, but private individuals can buy notes as investments as well. This is exactly what we do as mortgage note brokers. We also offer end-to-end home mortgage loan services for individuals, investors or companies with real estate notes. TNC has the most up-to-date mortgage loan servicing automation software, including auto-draft services to track relevant information for every loan. We even offer hard money loans for real estate investments.
The Texas Note Company
Q: What’s the difference between Seller Financing and Owner Financing?
A: They’re essentially the same thing.
Seller financing (or owner financing) is a transaction where the property is sold, and the owner/seller is also the lender, meaning that there aren’t the associated costs and points of having a bank involved. That’s how seller financing (when executed properly) can work so well for buyers and sellers both. In a down market, sellers want to get the best price for their property, even as credit markets drive prices downward and make it difficult for the seller to profit. As a result, many sellers are turning to seller financing to see things go the way they want them. Things get complicated, though, when sellers aren’t familiar with the fine points of seller financing (the oldest form of lending), or how to implement it. This is where Texas Note Company can be a big help.
One of the great advantages of seller financing is its flexibility. We can help put together a strategy that meets the needs of seller and buyer, and custom-fit a program that can work around any problem. The buyer gets the property, the seller gets his cash, and the realtor sees a commission that might otherwise have been a lost sale. With access to investment capital and deal structuring techniques that other lenders can’t obtain, we can facilitate the sale of seller-financed private notes and other cash flow instruments. This can give a unique set of advantages to lender and seller alike.
Find out what your note is worth and give The Texas Note Company a call. We will give you a FREE No Obligation quote on your note. Discover how simple and easy it is to SELL your note for CASH NOW
Robert E Young
Robert E Young, A leading expert in real estate finance and investment and Founder of the Texas Note Company. He is a writer, educator, coach and Author of The Gold In The Paper. Robert is an investor that uses proven owner financing techniques and strategies to manage real estate transactions. He buys owner financed notes across the country and puts CASH into home seller’s pockets. Robert enjoys sharing his knowledge and experience with owner financing to tout the advantages while dispelling its myths.
Robert by nature is a very process minded businessman who believes that when a good process is implemented correctly it protects all parties involved and streamlines the execution. It is this process mindset that led to the creation of The Texas Note Company Loan Servicing division, a very intensive process and data driven business.
Robert graduated from Southwestern University in 1989 with a Bachelor Degree in Business Administration. He has over 15 years of financial experience including a successful corporate career having worked for Dell Computer, Citibank, Santa Barbara Bank & Trust and Allied Irish Bank. Robert now pursues his passion for helping people through traditional and innovative real estate transactions. Robert was born and raised in Houston, Texas but now makes Austin, Texas his home. He has two beautiful daughters whom he loves spending time with and watching them grow. He can often be found having lunch with one of his daughters at Hill Elementary or doing a project with the Hill Dillo Dads. In the spring he can often be found in the dugout coaching his daughter’s kickball team, the Porcupines. He enjoys Golf, College Football and Lacrosse.