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09-26-2006, 11:17 PM
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#1 (permalink)
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Status: Junior Real Estate Forum Member
Join Date: Sep 2006
Posts: 6
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Attention Agents
I am looking to work with a real estate agent who understands the aspect of seller financing. The idea agent should know how to explain this process to a client. I can help you close more deals, those clients who provide financing are creating a opportunity, and gaining more control over the sale of their property. When a seller finances the deal a note is created, this note can be sold to Barton Financial. Having clients offer protential buyers seller financing makes the property more attractive and can speed up the process.
James Barton
Barton Financial Group
bartonfinancial@cashflowmail.com |
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09-29-2006, 05:36 PM
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#2 (permalink)
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Status: Administrator
Join Date: Apr 2005
Posts: 2,092
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James welcome to the Forum...
What type of costs are usually involved?
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09-29-2006, 09:03 PM
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#3 (permalink)
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Status: Junior Real Estate Forum Member
Join Date: Sep 2006
Posts: 6
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No Fees Attached
I charge no out of pocket fees for the purchase of paper assets, this is a way for you or your clients to convert future payments into cash now.
If you may have any further questions - please feel free to send me a private message containing your email address and we'll discuss this in details.
Thank You
James
Barton Financial Group
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10-06-2006, 04:09 PM
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#4 (permalink)
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Status: VIP Real Estate Forum Member
Join Date: Apr 2005
Posts: 1,008
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Yes, welcome aboard James. How is the market traeting you these days? Do you lend within the Las Vegas real estate market, and if so, what are the most unique/ creative programs in which you have?
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10-06-2006, 05:20 PM
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#5 (permalink)
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Status: Junior Real Estate Forum Member
Join Date: Sep 2006
Posts: 6
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Reply
I am not in the lending business, what I do is buy existing loans. I can also help businesses or property sellers create a note and get cash for their note and sell their property back to back through a simultaneous closing. Simultaneous closings is just a creative way to sell property in a small amount of time without lowering the asking price and having more controll over the sale. There are no out of pocket fees while dealing with our company.
James Barton
Barton Financial Group
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10-18-2006, 07:07 PM
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#6 (permalink)
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Status: VIP Real Estate Forum Member
Join Date: Apr 2005
Posts: 1,056
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Hmmm, sounds pretty neat. I will keep you in mind. I work in the Las Vegas real estate market and I come into contact with many clients that have interesting situations...
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10-19-2006, 10:03 PM
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#7 (permalink)
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Status: Junior Real Estate Forum Member
Join Date: Jul 2006
Location: La Pine, OR
Posts: 18
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James - I have a couple clients that are carrying smaller notes on recent purchases - if I understand what you are saying you buy these notes... obviously you are looking to collect the interest - but how much of a discout from the principal are you generally looking for?
One client that I know is looking to cash out a note has a ballance somewhere around $40,000 - if I recall it is currently at a 6.75% interest on a 10 year contract.... is this something you would be interested in purchasing?
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