Owner Financing is rapidly spreading across the country as an alternative to sell property in the current economy where banks and mortgage lenders are gun shy in their lending practices. The Note Queen has written a very good article,Owner Financing Scam That Wipes Out Your Seller Carry Note, about some of the pitfalls and obstacles to be aware of.
Dawn notes how important it is to use a note professional to help you engineer your transaction using a process that can be trusted and understood. The Texas Note Company uses that same philosophy in all our transactions. The Texas Note Company not only understands the complexities of Owner Financing we also use the services of North American Title to facilitate our transactions. By doing so we are able to maintain the integrity of the transaction and protect the buyer and seller. A Loan Service Provider, The Texas Note Company will service your mortgage note as a third party to stay on top of thing and notify you if anything goes awry.
As Dawn Notes:
Owner financing is an effective and powerful tool when used
* Ethically and
Great Article The Texas Note Company Agrees!