Commercial Loans Blog

What you should do if you have a commercial seller note?

December 13th, 2017 9:50 AM by Karen Schimpf

If you and the seller agree on the rate and terms, I suggest you utilize a note company to track your note payments, taxes and insurance.  Running your note payments through a note company will do two things for you.  First, you will have proof via the note company that you made your payments on time for when you need to refinance the seller note.  Secondly, the note company will make sure your payments were applied towards the seller note.
Posted in:General
Posted by Karen Schimpf on December 13th, 2017 9:50 AM


If you and the seller agree on the rate and terms, I suggest you utilize a note company to track your note payments, taxes and insurance. Running your note payments through a note company will do two things for you. First, you will have proof via the note company that you made your payments on time for when you need to refinance the seller note. Secondly, the note company will make sure your payments were applied towards the seller note.
Posted by Global Capital on January 12th, 2018 1:35 AM
www.globalcapital.com.au


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