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Updated over 3 years ago on . Most recent reply
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Note on the subject of Notes
To say that the Coronavirus has had an impact on the economy is an understatement . As the mortgage industry
tightens up its lending standards in response to rising unemployment rates,
home sellers may find themselves having
to look towards owner financing as a means of making their properties accessible to
more potential buyers. Fortunately in those
situations selling real estate notes can
prove to be a profitable solution for home
sellers and investors alike. . .
Most Popular Reply
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@Marcus Brooks
Where are you seeing increased unemployment? Most major metropolitan areas have job shortages right now.
While covid will have an impact on housing, and there will most likely be a lot of evictions (since many states wouldn’t allow them) send an uptick in BK filings, if rates stay low it’s still an opportunity for investors to borrow at low rates for long term investments
- Chris Seveney
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