What Will Be Covered?
Two of the most frequent questions I’ve been asked recently are:
- How are the changes in the real estate and mortgage markets affecting the note market?
- Are there enough notes on the market to get started flipping or investing in notes?
If either of these questions has you on the fence with note buying, then you will absolutely not want to miss next Wednesday’s webinar.
I was shocked and dismayed at this latest change in Fed rules whereby people with credit scores of 680+ and high down payments would be penalized with higher interest rates and fees in order to help cover losses from high-risk subprime loans.
This policy will wreak havoc in the mortgage lending industry and dramatically hurt an already struggling market.
Nonetheless, there is a silver lining to this nonsense.
I have seen this same story play out over the last 35 years every time rates go up. The seller-carryback market has already been on the rise for the past year, but it is going to explode.
The higher the interest rate goes, THE MORE SELLER-FINANCED NOTES IN THE MARKETPLACE!
People are forced to carry back mortgages in order to sell their house, and they don’t want to wait for their money. This creates an awesome opportunity for us.
If you have been sitting on the sidelines, then you are missing out. The influx of seller-carryback notes is already here and it’s just going to keep getting better.
So whether you want to create notes, flip notes, or invest in notes, join me on this webinar for the latest scoop.
Donna is the recipient of the 2012 Jon Richard’s Educator of the Year Award for “Excellence in Note Buying Education and Training.”