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Secrets of Paper - The Definitive Note Business Resource

The purpose of the Secrets of Paper is to provide quality information and educational opportunities through superior products and action-oriented workshops.  Our vision is to help you to create a rewarding Note Business through specific opportunities, products, seminars, workshops, newsletters and conventions.  Each product and event below provides the latest and the most current information to help develop your Note Business knowledge base and encourage you to take a more active role in brokering and investing in real estate secured notes.


       

The Note Holders Handbook

Produced by Secrets of Paper - the Definitive Source for Note Business Education

www.secretsofpaper.com

Written by Jeffrey R. Armstrong – President/Owner of Armstrong Capital

Your favorite Master Note Buyer – Straightforward, Honest, Fair…

www.armstrongcapital.com

 


The Note Holders Handbook

How To Profit From and Correctly Manage Your Real Estate Note

A must for someone receiving payments on a real estate secured note.

$29.99

E-Book available only $19.99!

or Click Here to Order

In easy to understand language, the many topics that are discussed in the Note Holder's Handbook include the following:

  • How much is your note really worth?

  • Why record keeping is vital to your note's value

  • A simple technique that can avoid tax problems.

  • What to do when the payments are late.

  • What to do if the payments stop and when to foreclose

  • A simple step you can take to verify the safety of your note.

  • How to get top dollar if you sell all or part of your note.

The Note Holder's Handbook also includes a Handy Reference Data area to keep all of the pertinent information regarding the note in one place AND a simple to use Payment Record chart to keep track of the payments you have received..

This handbook is a must for someone receiving payments on a real estate secured note.  

Table of Contents

Introduction                                                                                                                2

SECTION 1: THE BASICS OF SELLER CARRY BACK NOTES                     3
The Promissory Note                                                                                    3
The Security Instrument                                                                              3
Mortgage                                                                                                          3
Deed of Trust                                                                                                  3
Land Contract                                                                                                 4  

SECTION 2: CREATION OF A SELLER CARRY BACK NOTE                       5
Here Is A Typical Example:                                                                          5

SECTION 3: NOTE SAFETY                                                                                    6
Note Safety: Loan-To-Value Ratio                                                              6
Note Safety—Storage                                                                                    6
Maximizing Note Value—Payment Records                                            7
Note Problems—Late Problems                                                                  7
Note Problems—Delinquent Payments                                                    7

SECTION 4: SALE OF A SELLER CARRY BACK NOTE                                   9
Example Of A Note On Which You Are Receiving Payments               9
Some Of The Options Available To The Note Holder                            10
Full Sale                                                                                                              10
Partial Sale— Front End Payments                                                              10
Full Sale—Split Funding                                                                                11
Partial Sale—One Half Of Each Monthly Payment                                  11
Tax Reporting For Note Holders                                                                   11

SECTION 5: WHAT IS YOUR NOTE WORTH                                                      13

 APPENDIX A: GLOSSARY OF REAL ESTATE FINANCING TERMINOLOGY       14

 APPENDIX B: THE FORECLOSURE PROCESS                                                   28

                        Non Judicial Foreclosure                                                                     29
Notice of Default                                                                                   29
Notice of Trustee’s Sale                                                                       30
Trustee’s Sale                                                                                         30
Rent and Rental Income                                                                       31
Trustee’s Fees                                                                                          31
Special Legal Provisions                                                                       31
Judicial Foreclosure                                                                               31
Foreclosure Sale                                                                                     32
Redemption of Property                                                                      32
Deficiency Judgment                                                                             32
Rent and Rental Income                                                                       32

 APPENDIX C: AMORTIZATION SCHEDULE FOR A $90,000 NOTE              33

 APPENDIX D: BIBLIOGRAPHY                                                                               40

 APPENDIX E: LOW COST AMORTIZATION SCHEDULE                               41

 APPENDIX F: FREE PURCHASE QUOTATION FOR NOTE HOLDERS        42

 APPENDIX G: PAYMENT RECORD KEEPER                                                      43

APPENDIX H: HANDY REFERENCE DATA                                                          48

 

A must for someone receiving payments on a real estate secured note as well as

a tremendous marketing tool for note brokers and note investors.

$29.99

E-Book available only $19.99!

or Click Here to Order


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Last edited:  12/01/15 06:41:00 PM