McMahon

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 […]

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