Palm Bay, FL (PressExposure) February 25, 2009 -- American Funding Resources (http://www.americanfunding.net) announced the formal unveiling of its online resource for anyone interested in seller held mortgages and similar real estate loan instruments. This series of articles and guidelines provides easy to read information on managing seller held notes, avoiding common pitfalls and keeping them in the best condition to sell at a later time.
Property sellers and buyers alike use real estate notes to develop loans that meet their needs, outside of the direct administration of a bank. Instead of negotiating a mortgage loan through a large financial institution the seller provides financing himself. People are increasingly looking to seller financing as a way to both qualify for loans in a tightening mortgage market and generate sufficient revenue from property sales against declining values. As a buyer of seller held notes, American Funding created the resource to help note holders understand how to keep notes in the right condition to sell â which is also the proper way to manage them in general. The web resource consists of a growing series of articles at http://www.americanfunding.net/real_estate_notes_articles.html, as well as an assortment of guides, FAQs and forms accessible through the site map at http://www.americanfunding.net/sitemap.html.
Should a visitor wish to sell his or her note and they fit American Funding Resources criteria, the company can buy them through a number of agreed upon methods such as lump sums, scheduled payments and payment for part of the note. Free online note quotes are available from American Funding Resources at http://www.americanfunding.net/page6.html
About American Funding Resources
American Funding Resources (http://www.americanfunding.net) is a Palm Bay, Florida based mortgage note buyer dealing in seller-held home, commercial, multifamily and lot mortgages and other property loan instruments. For over 30 years, American Funding Resources has provided liquidity to note sellers. For more information call toll free at 1-800-939-1086.