McMahon

What is a Partial Whem Purchasing a Note?

A partial purchase is a method of meeting a note seller’s immediate capital needs by purchasing a portion of a note or a portion of a note’s future income stream. It can structured as a purchase of a few year’s payments, a portion of a specific number of payment or any combination of the two. Many holders of […]

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What is an Owner Financed Mortgage Note?

Mortgage Notes / McMahon

Sometimes referred to as “seller carry-back” mortgages, owner financed mortgage notes are created when the seller of a home or property decides to finance all or a portion of the property himself /herself and to “carry” a note from the purchaser. Such carry-back mortgages are often created as the result of the property being difficult to sell or when the

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