New Content from The Paper Source
Published: Mon, 07/14/14
- How Would You Broker This Note? - 2014-07-14 13:36:46-04
Someone owns a house free and clear — no mortgage. They sell their house for $200,000, receive a $40,000 down payment from the buyer and take back the $160,000 balance as a note, an IOU, from the buyer, where he promises to pay the $160,000 plus interest in installments. The note is secured by the […]